Ocado Group (LSE:OCDO) EV-to-FCF: 33.87 (As of Jul. 21, 2026)

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LSE:OCDO Ocado Group PLC LSE:OCDO
48 GF Score
Price £1.77
GF Value £4.04
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Ocado Group EV-to-FCF?

Ocado Group LSE:OCDO +7.26% 48 EV-to-FCF is 33.87 as of Jul. 21, 2026. GuruFocus rates LSE:OCDO with a GF Score™ of 48/100 and a GF Value™ of £4.04 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 213 Retail - Defensive companies, Ocado Group ranks worse than 76.53% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Ocado Group's Enterprise Value is £2,445 Mil. Ocado Group's Free Cash Flow for the trailing twelve months (TTM) ended in May. 2026 was £72 Mil. Therefore, Ocado Group's EV-to-FCF for today is 33.87.

The historical rank and industry rank for Ocado Group's EV-to-FCF or its related term are showing as below:

LSE:OCDO' s EV-to-FCF Range Over the Past 10 Years
Min: -218.68   Med: -55.06   Max: 32.48
Current: 32.48

During the past 13 years, the highest EV-to-FCF of Ocado Group was 32.48. The lowest was -218.68. And the median was -55.06.

LSE:OCDO's EV-to-FCF is ranked worse than
76.53% of 213 companies
in the Retail - Defensive industry
Industry Median: 16.89 vs LSE:OCDO: 32.48

EV-to-FCF 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 (2026-07-21), Ocado Group's stock price is £1.772. Ocado Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in May. 2026 was £-0.303. Therefore, Ocado Group's PE Ratio (TTM) for today is At Loss.


Ocado Group  (LSE:OCDO) EV-to-FCF Explanation

EV-to-FCF 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.

Ocado Group's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1.772/-0.303
=At Loss

Ocado Group's share price for today is £1.772.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ocado Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in May. 2026 was £-0.303.

* 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. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Ocado Group EV-to-FCF Related Terms


Ocado Group EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Ocado Group's EV-to-FCF 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 EV-to-FCF Chart

Ocado Group Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -19.56 -7.42 -13.13 -27.11 -70.40

Ocado Group Semi-Annual Data
Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25 May26
EV-to-FCF 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 -27.11 0.00 -70.40 0.00

LSE:OCDO vs KR, SFM: EV-to-FCF Comparison

For the Grocery Stores subindustry, Ocado Group's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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 EV-to-FCF vs Retail - Defensive Industry

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

* The bar in red indicates where Ocado Group's EV-to-FCF falls into.


LSE:OCDO
48GF Score
Ocado Group PLC LSE:OCDO
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ocado Group EV-to-FCF Calculation

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

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=2445.331/72.2
=33.87

Ocado Group's current Enterprise Value is £2,445 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ocado Group's Free Cash Flow for the trailing twelve months (TTM) ended in May. 2026 was £72 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.

Frequently Asked Questions Learn more about EV-to-FCF →
What does a EV-to-FCF of 33.87 mean?
Ocado Group (LSE:OCDO) has a EV-to-FCF of 33.87 as of Jul. 21, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Ocado Group and its competitors. According to the industry distribution chart, Ocado Group ranks #163 out of 213 companies in the Retail - Defensive industry, placing it in the top 76.5%.
Is Ocado Group's EV-to-FCF too high?
Ocado Group's current EV-to-FCF is 33.87. The Retail - Defensive industry median EV-to-FCF is 16.89. Ocado Group's value of 33.87 is 100.5% above this industry median. Based on the distribution chart, Ocado Group ranks #163 out of 213 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Ocado Group has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ocado Group's EV-to-FCF compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Ocado Group ranks #163 out of 213 companies for EV-to-FCF. This places Ocado Group in the lower half of its industry. The industry median EV-to-FCF is 16.89. Ocado Group's value of 33.87 is 100.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Retail - Defensive company?
The median EV-to-FCF among Retail - Defensive companies is 16.89, based on 213 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ocado Group's current EV-to-FCF of 33.87 is 100.5% 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Ocado Group and its competitors. For the Retail - Defensive industry, the median EV-to-FCF is 16.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ocado Group's current EV-to-FCF is 33.87. 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 £4.04, compared to a current price of £1.77 — trading 56.1% below its estimated fair value. The current EV-to-FCF is 33.87 and 100.5% above the Retail - Defensive industry median of 16.89. Ocado Group's overall GF Score™ is 48/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Ocado Group (LSE:OCDO), the current EV-to-FCF is 33.87 as of Jul. 21, 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 £1.77 is trading 56.1% below its estimated GF Value™ of £4.04. GuruFocus considers Ocado Group to be Possible Value Trap.

Key valuation signals for LSE:OCDO:

  • EV-to-FCF: 33.87
  • GF Value™: £4.04 vs. price of £1.77 (56.1% below fair value)
  • GF Score™: 48/100 with 5 warning signs
  • Industry Position: 100.5% above the Retail - Defensive median (#163 of 213)

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.
48GF Score

Get the complete analysis for LSE:OCDO

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

£1.77
Price
£4.04
GF Value