Makstil AD (XMAE:STIL) EV-to-OCF: (As of Aug. 23, 2026)

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XMAE:STIL Makstil AD XMAE:STIL
78 GF Score
Price MKD115.00
GF Value MKD107.15
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Makstil AD EV-to-OCF?

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Makstil AD's Enterprise Value is MKD4,377 Mil. Makstil AD's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was MKD0 Mil. Therefore, Makstil AD's EV-to-OCF for today is .

The historical rank and industry rank for Makstil AD's EV-to-OCF or its related term are showing as below:

XMAE:STIL' s EV-to-OCF Range Over the Past 10 Years
Min: 8.91   Med: 0   Max: 8.91
Current: 8.91

During the past 13 years, the highest EV-to-OCF of Makstil AD was 8.91. The lowest was 8.91. And the median was .

XMAE:STIL's EV-to-OCF is ranked worse than
56.78% of 634 companies
in the Steel industry
Industry Median: 7.62 vs XMAE:STIL: 8.91

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.

As of today (2026-08-23), Makstil AD's stock price is MKD115.00. Makstil AD's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was MKD29.516. Therefore, Makstil AD's PE Ratio (TTM) for today is 3.90.


Makstil AD  (XMAE:STIL) 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.

Makstil AD's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=115.00/29.516
=3.90

Makstil AD's share price for today is MKD115.00.
Makstil AD's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was MKD29.516.

* 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.


Makstil AD EV-to-OCF Related Terms


Makstil AD EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Makstil 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.

Makstil AD EV-to-OCF Chart

Makstil AD Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.39 2.66 14.99 73.33 9.30

Makstil AD Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Dec25
EV-to-OCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 73.33 0.00 9.30

XMAE:STIL vs NUE, STLD, RS: EV-to-OCF Comparison

For the Steel subindustry, Makstil 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.


Makstil AD EV-to-OCF vs Steel Industry

For the Steel industry and Basic Materials sector, Makstil AD's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Makstil AD's EV-to-OCF falls into.


XMAE:STIL
78GF Score
Makstil AD XMAE:STIL
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Makstil AD EV-to-OCF Calculation

Makstil AD's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=4377.123/0
=

Makstil AD's current Enterprise Value is MKD4,377 Mil.
Makstil AD's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was MKD0 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.

Is Makstil AD (XMAE:STIL) Overvalued in 2026?

Based on GuruFocus' analysis, Makstil AD stock appears to be overvalued. The current stock price of MKD115.00 is trading 7.3% above its estimated GF Value™ of MKD107.15. GuruFocus considers Makstil AD to be Fairly Valued.

Key valuation signals for XMAE:STIL:

  • EV-to-OCF:
  • GF Value™: MKD107.15 vs. price of MKD115.00 (7.3% above fair value)
  • GF Score™: 78/100 with 4 warning signs

No single metric tells the full story. See the XMAE:STIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Makstil AD Business Description

Address 16 Makedonska brigada, 18, Skopje, MKD, 1000
Makstil AD is a producer of hot-rolled heavy plates in the Balkan region. The company produces flat-rolled products such as hot rolled plates, hot rolled coils, cold rolled strips and sheets, galvanized strips and sheets and pre-painted coated strips.
78GF Score

Get the complete analysis for XMAE:STIL

EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MKD115.00
Price
MKD107.15
GF Value