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FresnilloFNLPF +0.48%87 Capex-to-Operating-Cash-Flow is 0.16 as of Jun. 2026, which is 78% below its 10-year median of 0.73. GuruFocus rates FNLPF with a GF Score™ of 87/100 and a GF Value™ of $19.07 (Significantly Overvalued). Among 480 Metals & Mining companies, Fresnillo ranks better than 90% on this metric.
Capex-to-Operating-Cash-Flow assesses how much of a company’s cash flow from operations is being devoted to capital expenditure. It’s also useful to distinguish whether the company is capital intensive or not.
Capex-to-Operating-Cash-Flow ratio assesses how much of a company’s Cash Flow from Operations is being devoted to Capital Expenditure. It is a good indicator in terms of how much the company is focused on growth. In general, a high Capex-to-Operating-Cash-Flow ratio indicates that the company is investing more in physical assets and is focused on growth and expansion. Conversely, lower ratio could indicate that a company has reached maturity and is no longer pursuing aggressive growth.
Moreover, the ratio is also useful to distinguish whether the company is capital intensive or not. If the ratio is large, then the company tends to be capital intensive. Lower ratio suggests that it’s a capital-light business. The ratio can be combined with ROIC % to identify whether the company is an asset-light business that has a high return on invested capital. This is one question investors commonly ask to see if a company qualifies as a good company.
Fresnillo Capex-to-Operating-Cash-Flow Related Terms
Fresnillo Capex-to-Operating-Cash-Flow Historical Data
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The historical data trend for Fresnillo's Capex-to-Operating-Cash-Flow 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.
FNLPF vs HL: Capex-to-Operating-Cash-Flow Comparison
For the Other Precious Metals & Mining subindustry, Fresnillo's Capex-to-Operating-Cash-Flow, along with its competitors' market caps and Capex-to-Operating-Cash-Flow 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.
Fresnillo Capex-to-Operating-Cash-Flow vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Fresnillo's Capex-to-Operating-Cash-Flow distribution charts can be found below:
* The bar in red indicates where Fresnillo's Capex-to-Operating-Cash-Flow falls into.
* 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.
What does a Capex-to-Operating-Cash-Flow of 0.16 mean?
Fresnillo (FNLPF) has a Capex-to-Operating-Cash-Flow of 0.16 as of Jun. 2026. Capex to Operating Cash Flow ratio assesses how much of a company’s cash flow from operations is being devoted to capital expenditure. View historical data on Fresnillo and its competitors. This is 78% below median its historical median of 0.73. Over the past decade, Fresnillo's Capex-to-Operating-Cash-Flow has ranged from 0.17 to 1.28. According to the industry distribution chart, Fresnillo ranks #48 out of 480 companies in the Metals & Mining industry, placing it in the top 10%.
Is Fresnillo's Capex-to-Operating-Cash-Flow too high?
Fresnillo's current Capex-to-Operating-Cash-Flow of 0.16 is 78% below median its 10-year median of 0.73. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 1.28. The Metals & Mining industry median Capex-to-Operating-Cash-Flow is 0.63. Fresnillo's value of 0.16 is 74.6% below this industry median. Based on the distribution chart, Fresnillo ranks #48 out of 480 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Fresnillo has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fresnillo's Capex-to-Operating-Cash-Flow compare to HL?
According to the Metals & Mining industry distribution chart, Fresnillo ranks #48 out of 480 companies for Capex-to-Operating-Cash-Flow. This places Fresnillo in the top 10% of its industry — outperforming the majority of peers. The industry median Capex-to-Operating-Cash-Flow is 0.63. Fresnillo's value of 0.16 is 74.6% below this benchmark. Historically, Fresnillo's own Capex-to-Operating-Cash-Flow has ranged from 0.17 to 1.28 over the past decade. While the company's 10-year median is 0.73 vs. the industry median of 0.63, Fresnillo has consistently been below 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 Capex-to-Operating-Cash-Flow for a Metals & Mining company?
The median Capex-to-Operating-Cash-Flow among Metals & Mining companies is 0.63, based on 480 companies in the industry. Companies in the top quartile (top 25%) have a Capex-to-Operating-Cash-Flow significantly above this median, while those in the bottom quartile fall well below. However, Capex-to-Operating-Cash-Flow should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fresnillo's current Capex-to-Operating-Cash-Flow of 0.16 is 74.6% below 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 Capex-to-Operating-Cash-Flow mean?
A high Capex-to-Operating-Cash-Flow can signal that a stock is expensive relative to its fundamentals. Capex to Operating Cash Flow ratio assesses how much of a company’s cash flow from operations is being devoted to capital expenditure. View historical data on Fresnillo and its competitors. For the Metals & Mining industry, the median Capex-to-Operating-Cash-Flow is 0.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fresnillo's current Capex-to-Operating-Cash-Flow is 0.16, which is 78% below median its own 10-year median of 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fresnillo stock overvalued right now?
Based on GuruFocus' analysis, Fresnillo (FNLPF) is currently considered Significantly Overvalued. The stock's GF Value™ is $19.07, compared to a current price of $44.30 — trading 132.3% above its estimated fair value. The current Capex-to-Operating-Cash-Flow is 0.16, which is 78% below median its 10-year median of 0.73 and 74.6% below the Metals & Mining industry median of 0.63. Fresnillo's overall GF Score™ is 87/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Capex-to-Operating-Cash-Flow calculated?
Capex-to-Operating-Cash-Flow is calculated from a company's financial statements. For Fresnillo (FNLPF), the current Capex-to-Operating-Cash-Flow is 0.16 as of Jun. 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 Fresnillo (FNLPF) Overvalued in 2026?
Based on GuruFocus' analysis, Fresnillo stock appears to be overvalued.
The current stock price of $44.30 is trading 132.3% above its estimated GF Value™ of $19.07.
GuruFocus considers Fresnillo to be Significantly Overvalued.
Key valuation signals for FNLPF:
Capex-to-Operating-Cash-Flow: 0.16 (78% below median its 10-year median of 0.73)
GF Value™: $19.07 vs. price of $44.30 (132.3% above fair value)
Industry Position: 74.6% below the Metals & Mining median (#48 of 480)
No single metric tells the full story. See the FNLPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fresnillo PLC explores, develops, and produces silver and gold resources mainly in Mexico. The company's reportable segments comprise seven producing mines: the Fresnillo, Saucito, and Juanicipio underground silver mines located in Zacatecas; the Cienega underground silver-gold mine in Durango; the Herradura and Noche Buena surface gold mines in Sonora; and the San Julian underground silver-gold mine situated on the border of Chihuahua and Durango. Its mining operations involve both underground and open-pit mining methods, depending on the characteristics of each deposit.
87GF Score
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Capex-to-Operating-Cash-Flow is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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