Ocado Group (LSE:OCDO) Enterprise Value: £2,541 Mil (As of Jun. 30, 2026) ***


LSE:OCDO Ocado Group PLC LSE:OCDO
50 GF Score
Price £1.79
GF Value £3.35
Valuation Possible Value Trap
! 6 Warning Signs
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What is Ocado Group Enterprise Value?

Ocado Group LSE:OCDO -0.72% 50 Enterprise Value is £2,541 Mil as of Jun. 30, 2026. GuruFocus rates LSE:OCDO with a GF Score™ of 50/100 and a GF Value™ of £3.35 (Possible Value Trap). The stock has 6 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Ocado Group's Enterprise Value is £2,541 Mil. Ocado Group's EBIT for the trailing twelve months (TTM) ended in Nov. 2025 was £-237 Mil. Therefore, Ocado Group's EV-to-EBIT ratio for today is -10.74.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Ocado Group's Enterprise Value is £2,541 Mil. Ocado Group's EBITDA for the trailing twelve months (TTM) ended in Nov. 2025 was £136 Mil. Therefore, Ocado Group's EV-to-EBITDA ratio for today is 18.64.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Ocado Group's Enterprise Value is £2,541 Mil. Ocado Group's Revenue for the trailing twelve months (TTM) ended in Nov. 2025 was £1,382 Mil. Therefore, Ocado Group's EV-to-Revenue ratio for today is 1.84.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Ocado Group's Enterprise Value is £2,541 Mil. Ocado Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Nov. 2025 was £342 Mil. Therefore, Ocado Group's EV-to-OCF ratio for today is 7.44.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Ocado Group's Enterprise Value is £2,541 Mil. Ocado Group's Free Cash Flow for the trailing twelve months (TTM) ended in Nov. 2025 was £-37 Mil. Therefore, Ocado Group's EV-to-FCF ratio for today is -69.43.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Ocado Group  (LSE:OCDO) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Ocado Group's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2541.127/-236.5
=-10.74

Ocado Group's current Enterprise Value is £2,541 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Ocado Group's EBIT for the trailing twelve months (TTM) ended in Nov. 2025 was £-237 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Ocado Group's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=2541.127/136.3
=18.64

Ocado Group's current Enterprise Value is £2,541 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Ocado Group's EBITDA for the trailing twelve months (TTM) ended in Nov. 2025 was £136 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Ocado Group's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=2541.127/1381.7
=1.84

Ocado Group's current Enterprise Value is £2,541 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Ocado Group's Revenue for the trailing twelve months (TTM) ended in Nov. 2025 was £1,382 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Ocado Group's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=2541.127/341.7
=7.44

Ocado Group's current Enterprise Value is £2,541 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Ocado Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Nov. 2025 was £342 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Ocado Group's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=2541.127/-36.6
=-69.43

Ocado Group's current Enterprise Value is £2,541 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Ocado Group's Free Cash Flow for the trailing twelve months (TTM) ended in Nov. 2025 was £-37 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.


Ocado Group Enterprise Value Related Terms


Ocado Group Enterprise Value Historical Data

* Premium members only.

The historical data trend for Ocado Group's Enterprise Value 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.

Ocado Group Enterprise Value Chart

Ocado Group Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13,822.79 5,771.44 5,964.76 3,537.22 2,576.81

Ocado Group Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
Enterprise Value 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 5,964.76 4,249.34 3,537.22 3,210.63 2,576.81

LSE:OCDO vs KR, SFM: Enterprise Value Comparison

For the Grocery Stores subindustry, Ocado Group's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.


Ocado Group Enterprise Value vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Ocado Group's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Ocado Group's Enterprise Value falls into.


LSE:OCDO
50GF Score
Ocado Group PLC LSE:OCDO
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Ocado Group Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Ocado Group's Enterprise Value for the fiscal year that ended in Nov. 2025 is calculated as

Ocado Group's Enterprise Value for the quarter that ended in Nov. 2025 is calculated as

* 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.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of £2,541 Mil mean?
Ocado Group (LSE:OCDO) has a Enterprise Value of £2,541 Mil as of Jun. 30, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Ocado Group and its competitors.
Is Ocado Group's Enterprise Value too high?
Ocado Group's current Enterprise Value is £2,541 Mil. Overall, Ocado Group has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ocado Group's Enterprise Value compare to KR and SFM?
Ocado Group's Enterprise Value of £2,541 Mil can be compared against companies in the Retail - Defensive industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Retail - Defensive company?
A good Enterprise Value depends on the Retail - Defensive industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Ocado Group and its competitors. Ocado Group's current Enterprise Value is £2,541 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ocado Group stock overvalued right now?
Based on GuruFocus' analysis, Ocado Group (LSE:OCDO) is currently considered Possible Value Trap. The stock's GF Value™ is £3.35, compared to a current price of £1.79 — trading 46.5% below its estimated fair value. The current Enterprise Value is £2,541 Mil. Ocado Group's overall GF Score™ is 50/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Ocado Group (LSE:OCDO), the current Enterprise Value is £2,541 Mil as of Jun. 30, 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 Ocado Group (LSE:OCDO) Overvalued in 2026?

Based on GuruFocus' analysis, Ocado Group stock appears to be undervalued. The current stock price of £1.79 is trading 46.5% below its estimated GF Value™ of £3.35. GuruFocus considers Ocado Group to be Possible Value Trap.

Key valuation signals for LSE:OCDO:

  • Enterprise Value: £2,541 Mil
  • GF Value™: £3.35 vs. price of £1.79 (46.5% below fair value)
  • GF Score™: 50/100 with 6 warning signs

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


Ocado Group Business Description

Address Mosquito Way, Buildings One and Two Trident Place, Hatfield Business Park, Hatfield, Hertfordshire, GBR, AL10 9UL
Founded in 2000, Ocado provides automation and logistics solutions to grocers. Ocado operates in two segments: logistics and solutions. Logistics provides fulfillment and delivery services in the United Kingdom. Solutions is based on the Ocado Smart Platform, a modular, automated online retail fulfillment and delivery solution that provides software, fulfillment hardware, and support services to corporate customers in return for upfront and recurring fees. Partners include leading grocers around the world, like Sobeys, Morrisons, ICA, Groupe Casino, Bon Preu, Kroger, and Coles. Ocado also has a 50% stake in Ocado Retail, a pure-play e-grocery business. The other 50% is owned by Marks & Spencer.
50GF Score

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

£1.79
Price
£3.35
GF Value