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Diversified RoyaltyTSX:DIV +0.74%85 EV-to-OCF is 36.36 as of Aug. 18, 2026, which is 77% above its 10-year median of 20.50. GuruFocus rates TSX:DIV with a GF Score™ of 85/100 and a GF Value™ of C$3.62 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 1,091 Business Services companies, Diversified Royalty ranks worse than 91.11% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Diversified Royalty's Enterprise Value is C$1,413.96 Mil.
Diversified Royalty's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was C$38.89 Mil. Therefore, Diversified Royalty's EV-to-OCF for today is 36.36.
The historical rank and industry rank for Diversified Royalty's EV-to-OCF or its related term are showing as below:
TSX:DIV'
s EV-to-OCF Range Over the Past 10 Years
Min: 12.81 Med: 20.5 Max: 44.6
Current: 36.36
During the past 13 years, the highest EV-to-OCF of Diversified Royalty was 44.60. The lowest was 12.81. And the median was 20.50.
TSX:DIV's EV-to-OCF is ranked worse than 91.11% of 1091
companies
in the Business Services industry
Industry Median: 7.1
vs TSX:DIV: 36.36
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Diversified Royalty's PE Ratio (TTM) for today is calculated as:
Diversified Royalty's share price for today is C$4.09.
Diversified Royalty's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.170.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Diversified Royalty EV-to-OCF Related Terms
Diversified Royalty EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Diversified Royalty's EV-to-OCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Specialty Business Services subindustry, Diversified Royalty's EV-to-OCF, along with its competitors' market caps and EV-to-OCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Diversified Royalty EV-to-OCF vs Business Services Industry
For the Business Services industry and Industrials sector, Diversified Royalty's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Diversified Royalty's EV-to-OCF falls into.
Diversified Royalty's current Enterprise Value is C$1,413.96 Mil.
Diversified Royalty's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$38.89 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Diversified Royalty (TSX:DIV) has a EV-to-OCF of 36.36 as of Aug. 18, 2026. This is 77% above median its historical median of 20.50. Over the past decade, Diversified Royalty's EV-to-OCF has ranged from 12.81 to 44.60. According to the industry distribution chart, Diversified Royalty ranks #994 out of 1091 companies in the Business Services industry, placing it in the top 91.1%.
Is Diversified Royalty's EV-to-OCF too high?
Diversified Royalty's current EV-to-OCF of 36.36 is 77% above median its 10-year median of 20.50. Over the past 10 years, this metric has ranged from a low of 12.81 to a high of 44.60. The Business Services industry median EV-to-OCF is 7.10. Diversified Royalty's value of 36.36 is 412.1% above this industry median. Based on the distribution chart, Diversified Royalty ranks #994 out of 1091 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Diversified Royalty has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Diversified Royalty's EV-to-OCF compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Diversified Royalty ranks #994 out of 1091 companies for EV-to-OCF. This places Diversified Royalty in the lower half of its industry. The industry median EV-to-OCF is 7.10. Diversified Royalty's value of 36.36 is 412.1% above this benchmark. Historically, Diversified Royalty's own EV-to-OCF has ranged from 12.81 to 44.60 over the past decade. While the company's 10-year median is 20.50 vs. the industry median of 7.10, Diversified Royalty has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a Business Services company?
The median EV-to-OCF among Business Services companies is 7.10, based on 1,091 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Diversified Royalty's current EV-to-OCF of 36.36 is 412.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Business Services industry, the median EV-to-OCF is 7.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Diversified Royalty's current EV-to-OCF is 36.36, which is 77% above median its own 10-year median of 20.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Diversified Royalty stock overvalued right now?
Based on GuruFocus' analysis, Diversified Royalty (TSX:DIV) is currently considered Modestly Overvalued. The stock's GF Value™ is C$3.62, compared to a current price of C$4.09 — trading 13% above its estimated fair value. The current EV-to-OCF is 36.36, which is 77% above median its 10-year median of 20.50 and 412.1% above the Business Services industry median of 7.10. Diversified Royalty's overall GF Score™ is 85/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Diversified Royalty (TSX:DIV), the current EV-to-OCF is 36.36 as of Aug. 18, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Diversified Royalty (TSX:DIV) Overvalued in 2026?
Based on GuruFocus' analysis, Diversified Royalty stock appears to be overvalued.
The current stock price of C$4.09 is trading 13% above its estimated GF Value™ of C$3.62.
GuruFocus considers Diversified Royalty to be Modestly Overvalued.
Key valuation signals for TSX:DIV:
EV-to-OCF: 36.36 (77% above median its 10-year median of 20.50)
GF Value™: C$3.62 vs. price of C$4.09 (13% above fair value)
Industry Position: 412.1% above the Business Services median (#994 of 1091)
No single metric tells the full story. See the TSX:DIV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Diversified Royalty Corp is a multi-royalty company. It is engaged in the business of acquiring royalties from multi-location businesses and franchisors in North America. The firm purchases trademarks of the companies it is going to acquire. Its objective is to acquire predictable, growing royalty streams from a diverse group of multi-location businesses and franchisors. All of the company's operating revenues are earned from the receipt of royalties and management fees from its Royalty Partners.
85GF Score
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