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FresnilloFNLPF -2.25%85 Capex-to-Operating-Income is 0.11 as of Jun. 2026, which is 88% below its 10-year median of 0.89. GuruFocus rates FNLPF with a GF Score™ of 85/100 and a GF Value™ of $19.24 (Significantly Overvalued). Among 484 Metals & Mining companies, Fresnillo ranks better than 88.84% on this metric.
Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.
Capex-to-Operating-Income assesses how much emphasis a company is placing upon investing in capital-intensive projects. The ratio is generally a good gauge to quantify how much focus on growth a company has. Typically, smaller companies that are still growing and expanding will have a higher Capex to Operating Income Ratio, since such businesses are likely investing more in physical assets. Lower ratios could indicate that a company has reached maturity and it is no longer pursuing aggressive growth.
Fresnillo Capex-to-Operating-Income Related Terms
Fresnillo Capex-to-Operating-Income Historical Data
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The historical data trend for Fresnillo's Capex-to-Operating-Income 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 Other Precious Metals & Mining subindustry, Fresnillo's Capex-to-Operating-Income, along with its competitors' market caps and Capex-to-Operating-Income 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-Income vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Fresnillo's Capex-to-Operating-Income distribution charts can be found below:
* The bar in red indicates where Fresnillo's Capex-to-Operating-Income 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-Income of 0.11 mean?
Fresnillo (FNLPF) has a Capex-to-Operating-Income of 0.11 as of Jun. 2026. Capex to Operating Income ratio measures a company's investments in physical assets to its operating income. View historical data on Fresnillo and its competitors. This is 88% below median its historical median of 0.89. Over the past decade, Fresnillo's Capex-to-Operating-Income has ranged from 0.13 to 3.21. According to the industry distribution chart, Fresnillo ranks #54 out of 484 companies in the Metals & Mining industry, placing it in the top 11.2%.
Is Fresnillo's Capex-to-Operating-Income too high?
Fresnillo's current Capex-to-Operating-Income of 0.11 is 88% below median its 10-year median of 0.89. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 3.21. The Metals & Mining industry median Capex-to-Operating-Income is 0.56. Fresnillo's value of 0.11 is 80.2% below this industry median. Based on the distribution chart, Fresnillo ranks #54 out of 484 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 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fresnillo's Capex-to-Operating-Income compare to HL?
According to the Metals & Mining industry distribution chart, Fresnillo ranks #54 out of 484 companies for Capex-to-Operating-Income. This places Fresnillo in the top 11% of its industry — outperforming the majority of peers. The industry median Capex-to-Operating-Income is 0.56. Fresnillo's value of 0.11 is 80.2% below this benchmark. Historically, Fresnillo's own Capex-to-Operating-Income has ranged from 0.13 to 3.21 over the past decade. While the company's 10-year median is 0.89 vs. the industry median of 0.56, 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-Income for a Metals & Mining company?
The median Capex-to-Operating-Income among Metals & Mining companies is 0.56, based on 484 companies in the industry. Companies in the top quartile (top 25%) have a Capex-to-Operating-Income significantly above this median, while those in the bottom quartile fall well below. However, Capex-to-Operating-Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fresnillo's current Capex-to-Operating-Income of 0.11 is 80.2% 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-Income mean?
A high Capex-to-Operating-Income can signal that a stock is expensive relative to its fundamentals. Capex to Operating Income ratio measures a company's investments in physical assets to its operating income. View historical data on Fresnillo and its competitors. For the Metals & Mining industry, the median Capex-to-Operating-Income is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fresnillo's current Capex-to-Operating-Income is 0.11, which is 88% below median its own 10-year median of 0.89. 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 $19.24, compared to a current price of $39.93 — trading 107.5% above its estimated fair value. The current Capex-to-Operating-Income is 0.11, which is 88% below median its 10-year median of 0.89 and 80.2% below the Metals & Mining industry median of 0.56. Fresnillo's overall GF Score™ is 85/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Capex-to-Operating-Income calculated?
Capex-to-Operating-Income is calculated from a company's financial statements. For Fresnillo (FNLPF), the current Capex-to-Operating-Income is 0.11 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 $39.93 is trading 107.5% above its estimated GF Value™ of $19.24.
GuruFocus considers Fresnillo to be Significantly Overvalued.
Key valuation signals for FNLPF:
Capex-to-Operating-Income: 0.11 (88% below median its 10-year median of 0.89)
GF Value™: $19.24 vs. price of $39.93 (107.5% above fair value)
Industry Position: 80.2% below the Metals & Mining median (#54 of 484)
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.
85GF Score
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