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EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Morgan Stanley's Enterprise Value is CHF533,812 Mil.
Morgan Stanley's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was CHF-542 Mil. Therefore, Morgan Stanley's EV-to-OCF for today is -984.81.
The historical rank and industry rank for Morgan Stanley's EV-to-OCF or its related term are showing as below:
XSWX:MS'
s EV-to-OCF Range Over the Past 10 Years
Min: -653.82 Med: 4.53 Max: 12012.52
Current: -650.86
During the past 13 years, the highest EV-to-OCF of Morgan Stanley was 12012.52. The lowest was -653.82. And the median was 4.53.
XSWX:MS's EV-to-OCF is ranked better than 98.64% of 810
companies
in the Capital Markets industry
Industry Median: 0.23
vs XSWX:MS: -650.86
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.
Morgan Stanley's PE Ratio (TTM) for today is calculated as:
Morgan Stanley's share price for today is CHF179.18.
Morgan Stanley's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF8.797.
* 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.
Morgan Stanley EV-to-OCF Related Terms
Morgan Stanley EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Morgan Stanley'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 Capital Markets subindustry, Morgan Stanley'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.
Morgan Stanley EV-to-OCF vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Morgan Stanley's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Morgan Stanley's EV-to-OCF falls into.
Morgan Stanley's current Enterprise Value is CHF533,812 Mil.
Morgan Stanley's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF-542 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.
Morgan Stanley (XSWX:MS) has a EV-to-OCF of -984.81 as of Jul. 14, 2026. According to the industry distribution chart, Morgan Stanley ranks #11 out of 810 companies in the Capital Markets industry, placing it in the top 1.4%.
Is Morgan Stanley's EV-to-OCF too high?
Morgan Stanley's current EV-to-OCF is -984.81. Based on the distribution chart, Morgan Stanley ranks #11 out of 810 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Morgan Stanley has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Morgan Stanley's EV-to-OCF compare to GS and SCHW?
According to the Capital Markets industry distribution chart, Morgan Stanley ranks #11 out of 810 companies for EV-to-OCF. This places Morgan Stanley in the top 1% of its industry — outperforming the majority of peers. The industry median EV-to-OCF is 0.23. 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 Capital Markets company?
The median EV-to-OCF among Capital Markets companies is 0.23, based on 810 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 Capital Markets industry, the median EV-to-OCF is 0.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Morgan Stanley's current EV-to-OCF is -984.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morgan Stanley stock overvalued right now?
Morgan Stanley (XSWX:MS) has a current EV-to-OCF of -984.81. The stock's GF Value™ is CHF123.36, compared to a current price of CHF179.18 — trading 45.2% above its estimated fair value. The current EV-to-OCF is -984.81. Morgan Stanley's overall GF Score™ is 71/100 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 Morgan Stanley (XSWX:MS), the current EV-to-OCF is -984.81 as of Jul. 14, 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 Morgan Stanley (XSWX:MS) Overvalued in 2026?
Based on GuruFocus' analysis, Morgan Stanley stock appears to be overvalued.
The current stock price of CHF179.18 is trading 45.2% above its estimated GF Value™ of CHF123.36.
Key valuation signals for XSWX:MS:
EV-to-OCF: -984.81
GF Value™: CHF123.36 vs. price of CHF179.18 (45.2% above fair value)
No single metric tells the full story. See the XSWX:MS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Morgan Stanley is a massive global financial services firm, with offices in 42 countries and more than 82,000 employees as of year-end 2025. The firm cut its teeth in investment banking and institutional trading, where it maintains a strong presence today, but generates the lion share of its income from wealth and asset management franchises, where it boasted $9.3 trillion in client assets at the end of 2025. After reincorporation as a bank holding company in the wake of the global financial crisis, Morgan Stanley also boasts a top 10 banking franchise by deposits, with more than $400 billion in customer deposits, predominately attributable to cash sweeps from its wealth management and brokerage businesses.
71GF Score
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