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INA-Industrija Nafte DDZAG:INA 81 EV-to-OCF is 15.32 as of Aug. 31, 2026, which is 81% below its 10-year median of 80.72. GuruFocus rates ZAG:INA with a GF Score™ of 81/100 and a GF Value™ of €515.83 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,025 Oil & Gas companies, INA-Industrija Nafte DD ranks worse than 83.32% on this metric.
The historical rank and industry rank for INA-Industrija Nafte DD's EV-to-OCF or its related term are showing as below:
ZAG:INA'
s EV-to-OCF Range Over the Past 10 Years
Min: 8.27 Med: 80.72 Max: 157.76
Current: 15.32
During the past 13 years, the highest EV-to-OCF of INA-Industrija Nafte DD was 157.76. The lowest was 8.27. And the median was 80.72.
ZAG:INA's EV-to-OCF is ranked worse than 83.32% of 1025
companies
in the Oil & Gas industry
Industry Median: 5.63
vs ZAG:INA: 15.32
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.
INA-Industrija Nafte DD's PE Ratio (TTM) for today is calculated as:
INA-Industrija Nafte DD's share price for today is €510.00.
INA-Industrija Nafte DD'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 €27.300.
* 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.
* 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, INA-Industrija Nafte DD'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.
INA-Industrija Nafte DD EV-to-OCF vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, INA-Industrija Nafte DD's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where INA-Industrija Nafte DD's EV-to-OCF falls into.
INA-Industrija Nafte DD's current Enterprise Value is €5,609 Mil.
INA-Industrija Nafte DD'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 €366 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.
INA-Industrija Nafte DD (ZAG:INA) has a EV-to-OCF of 15.32 as of Aug. 31, 2026. This is 81% below median its historical median of 80.72. Over the past decade, INA-Industrija Nafte DD's EV-to-OCF has ranged from 8.27 to 157.76. According to the industry distribution chart, INA-Industrija Nafte DD ranks #854 out of 1025 companies in the Oil & Gas industry, placing it in the top 83.3%.
Is INA-Industrija Nafte DD's EV-to-OCF too high?
INA-Industrija Nafte DD's current EV-to-OCF of 15.32 is 81% below median its 10-year median of 80.72. Over the past 10 years, this metric has ranged from a low of 8.27 to a high of 157.76. The Oil & Gas industry median EV-to-OCF is 5.63. INA-Industrija Nafte DD's value of 15.32 is 172.1% above this industry median. Based on the distribution chart, INA-Industrija Nafte DD ranks #854 out of 1025 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, INA-Industrija Nafte DD has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does INA-Industrija Nafte DD's EV-to-OCF compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, INA-Industrija Nafte DD ranks #854 out of 1025 companies for EV-to-OCF. This places INA-Industrija Nafte DD in the lower half of its industry. The industry median EV-to-OCF is 5.63. INA-Industrija Nafte DD's value of 15.32 is 172.1% above this benchmark. Historically, INA-Industrija Nafte DD's own EV-to-OCF has ranged from 8.27 to 157.76 over the past decade. While the company's 10-year median is 80.72 vs. the industry median of 5.63, INA-Industrija Nafte DD has consistently been above 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 an Oil & Gas company?
The median EV-to-OCF among Oil & Gas companies is 5.63, based on 1,025 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. INA-Industrija Nafte DD's current EV-to-OCF of 15.32 is 172.1% above 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 Oil & Gas industry, the median EV-to-OCF is 5.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. INA-Industrija Nafte DD's current EV-to-OCF is 15.32, which is 81% below median its own 10-year median of 80.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is INA-Industrija Nafte DD stock overvalued right now?
Based on GuruFocus' analysis, INA-Industrija Nafte DD (ZAG:INA) is currently considered Fairly Valued. The stock's GF Value™ is €515.83, compared to a current price of €510.00 — trading 1.1% below its estimated fair value. The current EV-to-OCF is 15.32, which is 81% below median its 10-year median of 80.72 and 172.1% above the Oil & Gas industry median of 5.63. INA-Industrija Nafte DD's overall GF Score™ is 81/100 with 4 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 INA-Industrija Nafte DD (ZAG:INA), the current EV-to-OCF is 15.32 as of Aug. 31, 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 INA-Industrija Nafte DD (ZAG:INA) Overvalued in 2026?
Based on GuruFocus' analysis, INA-Industrija Nafte DD stock appears to be undervalued.
The current stock price of €510.00 is trading 1.1% below its estimated GF Value™ of €515.83.
GuruFocus considers INA-Industrija Nafte DD to be Fairly Valued.
Key valuation signals for ZAG:INA:
EV-to-OCF: 15.32 (81% below median its 10-year median of 80.72)
GF Value™: €515.83 vs. price of €510.00 (1.1% below fair value)
Industry Position: 172.1% above the Oil & Gas median (#854 of 1025)
No single metric tells the full story. See the ZAG:INA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
INA-Industrija Nafte DD is a medium-sized European oil and gas company. It is engaged in exploration and production of oil and gas deposits, import of natural gas and sale of imported and domestically produced natural gas to industrial consumers and municipal gas distributors, refining and production of oil products through refineries located at Rijeka and Sisak, and Zagreb lubricants plants. Its segments are Exploration and Production of Oil & Gas; Refining & Marketing; Corporate and other. Exploration and Production of Oil & Gas segment include exploration, production, and selling of crude oil and natural gas. Refining & Marketing segment includes crude oil processing, wholesale of refinery products, trading, and logistics.
81GF Score
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