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Toplivo ADXBUL:TOPL 48 EV-to-OCF is -10.80 as of Sep. 06, 2026. GuruFocus rates XBUL:TOPL with a GF Score™ of 48/100 and a GF Value™ of €4.44 (Modestly Undervalued). Among 1,020 Oil & Gas companies, Toplivo AD ranks better than 85.39% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Toplivo AD's Enterprise Value is €27.65 Mil.
Toplivo AD's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was €-2.56 Mil. Therefore, Toplivo AD's EV-to-OCF for today is -10.80.
The historical rank and industry rank for Toplivo AD's EV-to-OCF or its related term are showing as below:
XBUL:TOPL'
s EV-to-OCF Range Over the Past 10 Years
Min: -19.45 Med: 6.24 Max: 173.82
Current: -10.8
During the past 13 years, the highest EV-to-OCF of Toplivo AD was 173.82. The lowest was -19.45. And the median was 6.24.
XBUL:TOPL's EV-to-OCF is ranked better than 85.39% of 1020
companies
in the Oil & Gas industry
Industry Median: 5.815
vs XBUL:TOPL: -10.80
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.
Toplivo AD's share price for today is €3.90.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Toplivo AD's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was €0.070.
* 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.
Toplivo AD EV-to-OCF Related Terms
Toplivo AD EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Toplivo AD'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 Oil & Gas Refining & Marketing subindustry, Toplivo AD'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.
Toplivo AD EV-to-OCF vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Toplivo AD's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Toplivo AD's EV-to-OCF falls into.
Toplivo AD's current Enterprise Value is €27.65 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Toplivo AD's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was €-2.56 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.
Toplivo AD (XBUL:TOPL) has a EV-to-OCF of -10.80 as of Sep. 06, 2026. According to the industry distribution chart, Toplivo AD ranks #149 out of 1020 companies in the Oil & Gas industry, placing it in the top 14.6%.
Is Toplivo AD's EV-to-OCF too high?
Toplivo AD's current EV-to-OCF is -10.80. Based on the distribution chart, Toplivo AD ranks #149 out of 1020 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Toplivo AD has a GF Score™ of 48/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Toplivo AD's EV-to-OCF compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Toplivo AD ranks #149 out of 1020 companies for EV-to-OCF. This places Toplivo AD in the top 15% of its industry — outperforming the majority of peers. The industry median EV-to-OCF is 5.82. 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 Oil & Gas company?
The median EV-to-OCF among Oil & Gas companies is 5.82, based on 1,020 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 Oil & Gas industry, the median EV-to-OCF is 5.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toplivo AD's current EV-to-OCF is -10.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toplivo AD stock overvalued right now?
Based on GuruFocus' analysis, Toplivo AD (XBUL:TOPL) is currently considered Modestly Undervalued. The stock's GF Value™ is €4.44, compared to a current price of €3.90 — trading 12.2% below its estimated fair value. The current EV-to-OCF is -10.80. Toplivo AD's overall GF Score™ is 48/100. 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 Toplivo AD (XBUL:TOPL), the current EV-to-OCF is -10.80 as of Sep. 06, 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 Toplivo AD (XBUL:TOPL) Overvalued in 2026?
Based on GuruFocus' analysis, Toplivo AD stock appears to be undervalued.
The current stock price of €3.90 is trading 12.2% below its estimated GF Value™ of €4.44.
GuruFocus considers Toplivo AD to be Modestly Undervalued.
Key valuation signals for XBUL:TOPL:
EV-to-OCF: -10.80
GF Value™: €4.44 vs. price of €3.90 (12.2% below fair value)
No single metric tells the full story. See the XBUL:TOPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Toplivo AD is engaged in the provision of petroleum products like propane-butane, liquid petrol and liquid petroleum gas. It also offers construction and heating materials like firewood, wooden materials, decorating tiles, briquettes, wood, and metals.
48GF Score
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