Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Reaves Utilityome FundUTG +0.45%32 EV-to-OCF is -35.56 as of Aug. 18, 2026. GuruFocus rates UTG with a GF Score™ of 32/100. The stock has 7 warning signs investors should review. Among 1,506 Asset Management companies, Reaves Utilityome Fund ranks better than 85.59% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Reaves Utilityome Fund's Enterprise Value is $4,682 Mil.
Reaves Utilityome Fund's Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2026 was $-132 Mil. Therefore, Reaves Utilityome Fund's EV-to-OCF for today is -35.56.
The historical rank and industry rank for Reaves Utilityome Fund's EV-to-OCF or its related term are showing as below:
UTG'
s EV-to-OCF Range Over the Past 10 Years
Min: -79.15 Med: -6.6 Max: 671.55
Current: -35.56
During the past 13 years, the highest EV-to-OCF of Reaves Utilityome Fund was 671.55. The lowest was -79.15. And the median was -6.60.
UTG's EV-to-OCF is ranked better than 85.59% of 1506
companies
in the Asset Management industry
Industry Median: 5.85
vs UTG: -35.56
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.
Reaves Utilityome Fund (AMEX:UTG) EV-to-OCF Explanation
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.
Reaves Utilityome Fund's PE Ratio (TTM) for today is calculated as:
Reaves Utilityome Fund's share price for today is $40.52.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Reaves Utilityome Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 was $13.732.
* 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.
* 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 Asset Management subindustry, Reaves Utilityome Fund'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.
Reaves Utilityome Fund EV-to-OCF vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Reaves Utilityome Fund's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Reaves Utilityome Fund's EV-to-OCF falls into.
Reaves Utilityome Fund's current Enterprise Value is $4,682 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Reaves Utilityome Fund's Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2026 was $-132 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.
Reaves Utilityome Fund (UTG) has a EV-to-OCF of -35.56 as of Aug. 18, 2026. According to the industry distribution chart, Reaves Utilityome Fund ranks #217 out of 1506 companies in the Asset Management industry, placing it in the top 14.4%.
Is Reaves Utilityome Fund's EV-to-OCF too high?
Reaves Utilityome Fund's current EV-to-OCF is -35.56. Based on the distribution chart, Reaves Utilityome Fund ranks #217 out of 1506 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Reaves Utilityome Fund has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Reaves Utilityome Fund's EV-to-OCF compare to HLNE and STEP?
According to the Asset Management industry distribution chart, Reaves Utilityome Fund ranks #217 out of 1506 companies for EV-to-OCF. This places Reaves Utilityome Fund in the top 14% of its industry — outperforming the majority of peers. The industry median EV-to-OCF is 5.85. 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 an Asset Management company?
The median EV-to-OCF among Asset Management companies is 5.85, based on 1,506 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. 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 Asset Management industry, the median EV-to-OCF is 5.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reaves Utilityome Fund's current EV-to-OCF is -35.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reaves Utilityome Fund stock overvalued right now?
Reaves Utilityome Fund (UTG) has a current EV-to-OCF of -35.56. The current EV-to-OCF is -35.56. Reaves Utilityome Fund's overall GF Score™ is 32/100 with 7 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 Reaves Utilityome Fund (UTG), the current EV-to-OCF is -35.56 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.
Reaves Utility Income Fund is a closed-end management investment company. The company's investment objective is to provide a high level of after-tax income and total return consisting of tax-advantaged dividend income and capital appreciation. It invests a portion of its total assets in securities of utility companies, which may include companies in the electric, gas, water, telecommunications sectors, as well as other companies engaged in other infrastructure operations.
32GF Score
Get the complete analysis for UTG
EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
UTG has been successfully added to your 
