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Bank MillenniumWAR:MIL -1.98%65 EV-to-OCF is 2.12 as of Aug. 20, 2026, which is 38% above its 10-year median of 1.54. GuruFocus rates WAR:MIL with a GF Score™ of 65/100 and a GF Value™ of zł11.15 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,496 Banks companies, Bank Millennium ranks better than 57.35% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Bank Millennium's Enterprise Value is zł30,891 Mil.
Bank Millennium's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was zł14,555 Mil. Therefore, Bank Millennium's EV-to-OCF for today is 2.12.
The historical rank and industry rank for Bank Millennium's EV-to-OCF or its related term are showing as below:
WAR:MIL'
s EV-to-OCF Range Over the Past 10 Years
Min: -15.41 Med: 1.54 Max: 75.48
Current: 2.15
During the past 13 years, the highest EV-to-OCF of Bank Millennium was 75.48. The lowest was -15.41. And the median was 1.54.
WAR:MIL's EV-to-OCF is ranked better than 57.35% of 1496
companies
in the Banks industry
Industry Median: 3.885
vs WAR:MIL: 2.15
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.
Bank Millennium's PE Ratio (TTM) for today is calculated as:
Bank Millennium's share price for today is zł20.83.
Bank Millennium'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 zł1.156.
* 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.
Bank Millennium EV-to-OCF Related Terms
Bank Millennium EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Bank Millennium'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 Banks - Regional subindustry, Bank Millennium'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.
Bank Millennium EV-to-OCF vs Banks Industry
For the Banks industry and Financial Services sector, Bank Millennium's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Bank Millennium's EV-to-OCF falls into.
Bank Millennium's current Enterprise Value is zł30,891 Mil.
Bank Millennium'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 zł14,555 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.
Bank Millennium (WAR:MIL) has a EV-to-OCF of 2.12 as of Aug. 20, 2026. This is 38% above median its historical median of 1.54. According to the industry distribution chart, Bank Millennium ranks #638 out of 1496 companies in the Banks industry, placing it in the top 42.6%.
Is Bank Millennium's EV-to-OCF too high?
Bank Millennium's current EV-to-OCF of 2.12 is 38% above median its 10-year median of 1.54. The Banks industry median EV-to-OCF is 3.89. Bank Millennium's value of 2.12 is 45.4% below this industry median. Based on the distribution chart, Bank Millennium ranks #638 out of 1496 companies in the Banks industry, which is above the industry midpoint. Overall, Bank Millennium has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bank Millennium's EV-to-OCF compare to PNC and USB?
According to the Banks industry distribution chart, Bank Millennium ranks #638 out of 1496 companies for EV-to-OCF. This puts Bank Millennium in the upper half of its industry. The industry median EV-to-OCF is 3.89. Bank Millennium's value of 2.12 is 45.4% below this benchmark. While the company's 10-year median is 1.54 vs. the industry median of 3.89, Bank Millennium has consistently been below 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 Banks company?
The median EV-to-OCF among Banks companies is 3.89, based on 1,496 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. Bank Millennium's current EV-to-OCF of 2.12 is 45.4% below 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 Banks industry, the median EV-to-OCF is 3.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bank Millennium's current EV-to-OCF is 2.12, which is 38% above median its own 10-year median of 1.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bank Millennium stock overvalued right now?
Based on GuruFocus' analysis, Bank Millennium (WAR:MIL) is currently considered Significantly Overvalued. The stock's GF Value™ is zł11.15, compared to a current price of zł20.83 — trading 86.8% above its estimated fair value. The current EV-to-OCF is 2.12, which is 38% above median its 10-year median of 1.54 and 45.4% below the Banks industry median of 3.89. Bank Millennium's overall GF Score™ is 65/100 with 6 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 Bank Millennium (WAR:MIL), the current EV-to-OCF is 2.12 as of Aug. 20, 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 Bank Millennium (WAR:MIL) Overvalued in 2026?
Based on GuruFocus' analysis, Bank Millennium stock appears to be overvalued.
The current stock price of zł20.83 is trading 86.8% above its estimated GF Value™ of zł11.15.
GuruFocus considers Bank Millennium to be Significantly Overvalued.
Key valuation signals for WAR:MIL:
EV-to-OCF: 2.12 (38% above median its 10-year median of 1.54)
GF Value™: zł11.15 vs. price of zł20.83 (86.8% above fair value)
Industry Position: 45.4% below the Banks median (#638 of 1496)
No single metric tells the full story. See the WAR:MIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bank Millennium SA is a commercial bank group operating in Poland. The bank's operating segments include retail, corporate, FX mortgage loans, treasury operations, assets/liabilities management and other segment. The company derives the majority of its revenue from the retail segment which comprises the banking products and services provided to individual customers on the mass market, affluent customers, sole traders as well as services to small companies.
65GF Score
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