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Voya FinancialVOYA -1.17%77 EV-to-OCF is 11.36 as of Sep. 09, 2026, which is 37% above its 10-year median of 8.31. GuruFocus rates VOYA with a GF Score™ of 77/100 and a GF Value™ of $82.98 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 518 Diversified Financial Services companies, Voya Financial ranks worse than 91.51% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Voya Financial's Enterprise Value is $13,542 Mil.
Voya Financial's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $1,192 Mil. Therefore, Voya Financial's EV-to-OCF for today is 11.36.
The historical rank and industry rank for Voya Financial's EV-to-OCF or its related term are showing as below:
VOYA'
s EV-to-OCF Range Over the Past 10 Years
Min: 2.64 Med: 8.31 Max: 563.4
Current: 11.36
During the past 13 years, the highest EV-to-OCF of Voya Financial was 563.40. The lowest was 2.64. And the median was 8.31.
VOYA's EV-to-OCF is ranked worse than 91.51% of 518
companies
in the Diversified Financial Services industry
Industry Median: -47.145
vs VOYA: 11.36
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.
Voya Financial's PE Ratio (TTM) for today is calculated as:
Voya Financial's share price for today is $102.87.
Voya Financial'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 $5.930.
* 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.
Voya Financial EV-to-OCF Related Terms
Voya Financial EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Voya Financial'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 Financial Conglomerates subindustry, Voya Financial'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.
Voya Financial EV-to-OCF vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Voya Financial's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Voya Financial's EV-to-OCF falls into.
Voya Financial's current Enterprise Value is $13,542 Mil.
Voya Financial'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 $1,192 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.
Voya Financial (VOYA) has a EV-to-OCF of 11.36 as of Sep. 09, 2026. This is 37% above median its historical median of 8.31. Over the past decade, Voya Financial's EV-to-OCF has ranged from 2.64 to 563.40. According to the industry distribution chart, Voya Financial ranks #474 out of 518 companies in the Diversified Financial Services industry, placing it in the top 91.5%.
Is Voya Financial's EV-to-OCF too high?
Voya Financial's current EV-to-OCF of 11.36 is 37% above median its 10-year median of 8.31. Over the past 10 years, this metric has ranged from a low of 2.64 to a high of 563.40. Based on the distribution chart, Voya Financial ranks #474 out of 518 companies in the Diversified Financial Services industry, which is in the bottom quartile relative to peers. Overall, Voya Financial has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Voya Financial's EV-to-OCF compare to FRHC and HTH?
According to the Diversified Financial Services industry distribution chart, Voya Financial ranks #474 out of 518 companies for EV-to-OCF. This places Voya Financial in the lower half of its industry. Historically, Voya Financial's own EV-to-OCF has ranged from 2.64 to 563.40 over the past decade. 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 Diversified Financial Services company?
A good EV-to-OCF depends on the Diversified Financial Services industry context. 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. Voya Financial's current EV-to-OCF is 11.36, which is 37% above median its own 10-year median of 8.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Voya Financial stock overvalued right now?
Based on GuruFocus' analysis, Voya Financial (VOYA) is currently considered Modestly Overvalued. The stock's GF Value™ is $82.98, compared to a current price of $102.87 — trading 24% above its estimated fair value. The current EV-to-OCF is 11.36, which is 37% above median its 10-year median of 8.31. Voya Financial's overall GF Score™ is 77/100 with 8 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 Voya Financial (VOYA), the current EV-to-OCF is 11.36 as of Sep. 09, 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 Voya Financial (VOYA) Overvalued in 2026?
Based on GuruFocus' analysis, Voya Financial stock appears to be overvalued.
The current stock price of $102.87 is trading 24% above its estimated GF Value™ of $82.98.
GuruFocus considers Voya Financial to be Modestly Overvalued.
Key valuation signals for VOYA:
EV-to-OCF: 11.36 (37% above median its 10-year median of 8.31)
GF Value™: $82.98 vs. price of $102.87 (24% above fair value)
No single metric tells the full story. See the VOYA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Voya Financial Inc is a financial services company, which, through its subsidiaries, provides various investment, insurance, and retirement solutions to individual and institutional clients in the United States. Its products and services include tax savings plans, individual retirement accounts, group life insurance plans, and employee benefits products, among others. The company tailors each of its products to the needs of its customer base. It operates its business through three principal lines: Retirement, Investment Management and Employee Benefits.The majority revenue is from Retirement segment.
77GF Score
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