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Serabi GoldFRA:B9O2 92 Capex-to-Operating-Income is 0.29 as of Mar. 2026, which is 75% below its 10-year median of 1.18. GuruFocus rates FRA:B9O2 with a GF Score™ of 92/100 and a GF Value™ of €2.48 (Modestly Overvalued). Among 486 Metals & Mining companies, Serabi Gold ranks better than 65.64% 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.
Serabi Gold Capex-to-Operating-Income Related Terms
Serabi Gold Capex-to-Operating-Income Historical Data
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The historical data trend for Serabi Gold'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.
FRA:B9O2 vs NEM, AU: Capex-to-Operating-Income Comparison
For the Gold subindustry, Serabi Gold'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.
Serabi Gold Capex-to-Operating-Income vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Serabi Gold's Capex-to-Operating-Income distribution charts can be found below:
* The bar in red indicates where Serabi Gold'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 0.29 mean?
Serabi Gold (FRA:B9O2) has a Capex-to-Operating-Income of 0.29 as of Mar. 2026. Capex to Operating Income ratio measures a company's investments in physical assets to its operating income. View historical data on Serabi Gold and its competitors. This is 75% below median its historical median of 1.18. Over the past decade, Serabi Gold's Capex-to-Operating-Income has ranged from 0.38 to 5.17. According to the industry distribution chart, Serabi Gold ranks #167 out of 486 companies in the Metals & Mining industry, placing it in the top 34.4%.
Is Serabi Gold's Capex-to-Operating-Income too high?
Serabi Gold's current Capex-to-Operating-Income of 0.29 is 75% below median its 10-year median of 1.18. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 5.17. The Metals & Mining industry median Capex-to-Operating-Income is 0.58. Serabi Gold's value of 0.29 is 50% below this industry median. Based on the distribution chart, Serabi Gold ranks #167 out of 486 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Serabi Gold has a GF Score™ of 92/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Serabi Gold's Capex-to-Operating-Income compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Serabi Gold ranks #167 out of 486 companies for Capex-to-Operating-Income. This puts Serabi Gold in the upper half of its industry. The industry median Capex-to-Operating-Income is 0.58. Serabi Gold's value of 0.29 is 50% below this benchmark. Historically, Serabi Gold's own Capex-to-Operating-Income has ranged from 0.38 to 5.17 over the past decade. While the company's 10-year median is 1.18 vs. the industry median of 0.58, Serabi Gold 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 0.58, based on 486 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. Serabi Gold's current Capex-to-Operating-Income of 0.29 is 50% 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 Serabi Gold and its competitors. For the Metals & Mining industry, the median Capex-to-Operating-Income is 0.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Serabi Gold's current Capex-to-Operating-Income is 0.29, which is 75% below median its own 10-year median of 1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Serabi Gold stock overvalued right now?
Based on GuruFocus' analysis, Serabi Gold (FRA:B9O2) is currently considered Modestly Overvalued. The stock's GF Value™ is €2.48, compared to a current price of €3.06 — trading 23.4% above its estimated fair value. The current Capex-to-Operating-Income is 0.29, which is 75% below median its 10-year median of 1.18 and 50% below the Metals & Mining industry median of 0.58. Serabi Gold's overall GF Score™ is 92/100. 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 Serabi Gold (FRA:B9O2), the current Capex-to-Operating-Income is 0.29 as of Mar. 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 Serabi Gold (FRA:B9O2) Overvalued in 2026?
Based on GuruFocus' analysis, Serabi Gold stock appears to be overvalued.
The current stock price of €3.06 is trading 23.4% above its estimated GF Value™ of €2.48.
GuruFocus considers Serabi Gold to be Modestly Overvalued.
Key valuation signals for FRA:B9O2:
Capex-to-Operating-Income: 0.29 (75% below median its 10-year median of 1.18)
GF Value™: €2.48 vs. price of €3.06 (23.4% above fair value)
Industry Position: 50% below the Metals & Mining median (#167 of 486)
No single metric tells the full story. See the FRA:B9O2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Serabi Gold PLC is a holding and gold sales company and a provider of support and management services to its operating subsidiaries. Together with its subsidiaries it is involved in the development of gold and other metals mining projects in Brazil and the operation of the Palito gold mine in the Tapajos region of Brazil. The company has only one primary business activity namely the conduct of gold mining and exploration in Brazil. It has two separate segments, Brazil and UK. Copper/ gold concentrate is produced in Brazil and sales routed through the UK, whilst sales of gold bullion are conducted directly from Brazil.
92GF Score
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