Azzuro Resources (ASX:AZ9) EV-to-OCF: -2.11 (As of Sep. 02, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Azzuro Resources EV-to-OCF?

Azzuro Resources ASX:AZ9 +7.14% EV-to-OCF is -2.11 as of Sep. 02, 2026. The stock has 2 warning signs investors should review. Among 2,669 Metals & Mining companies, Azzuro Resources ranks worse than 73.32% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Azzuro Resources's Enterprise Value is A$4.68 Mil. Azzuro Resources's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$-2.22 Mil. Therefore, Azzuro Resources's EV-to-OCF for today is -2.11.

The historical rank and industry rank for Azzuro Resources's EV-to-OCF or its related term are showing as below:

ASX:AZ9' s EV-to-OCF Range Over the Past 10 Years
Min: -26.55   Med: -2.99   Max: -0.5
Current: -2.11

During the past 9 years, the highest EV-to-OCF of Azzuro Resources was -0.50. The lowest was -26.55. And the median was -2.99.

ASX:AZ9's EV-to-OCF is ranked worse than
73.32% of 2669 companies
in the Metals & Mining industry
Industry Median: -8.87 vs ASX:AZ9: -2.11

EV-to-OCF 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 (2026-09-02), Azzuro Resources's stock price is A$0.015. Azzuro Resources's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$-0.004. Therefore, Azzuro Resources's PE Ratio (TTM) for today is At Loss.


Azzuro Resources  (ASX:AZ9) EV-to-OCF Explanation

EV-to-OCF 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.

Azzuro Resources's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.015/-0.004
=At Loss

Azzuro Resources's share price for today is A$0.015.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Azzuro Resources's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$-0.004.

* 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. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Azzuro Resources EV-to-OCF Related Terms


Azzuro Resources EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Azzuro Resources's EV-to-OCF 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.

Azzuro Resources EV-to-OCF Chart

Azzuro Resources Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only -11.69 -6.04 -9.29 -12.00 -5.98

Azzuro Resources Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EV-to-OCF 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 -9.29 0.00 -12.00 0.00 -5.98

Azzuro Resources EV-to-OCF Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Azzuro Resources's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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.


Azzuro Resources EV-to-OCF vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Azzuro Resources's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Azzuro Resources's EV-to-OCF falls into.



Azzuro Resources EV-to-OCF Calculation

Azzuro Resources's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=4.683/-2.224
=-2.11

Azzuro Resources's current Enterprise Value is A$4.68 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Azzuro Resources's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$-2.22 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-OCF →
What does a EV-to-OCF of -2.11 mean?
Azzuro Resources (ASX:AZ9) has a EV-to-OCF of -2.11 as of Sep. 02, 2026. According to the industry distribution chart, Azzuro Resources ranks #1957 out of 2669 companies in the Metals & Mining industry, placing it in the top 73.3%.
Is Azzuro Resources' EV-to-OCF too high?
Azzuro Resources' current EV-to-OCF is -2.11. Based on the distribution chart, Azzuro Resources ranks #1957 out of 2669 companies in the Metals & Mining industry, which is below the industry midpoint.
How does Azzuro Resources' EV-to-OCF compare to competitors?
According to the Metals & Mining industry distribution chart, Azzuro Resources ranks #1957 out of 2669 companies for EV-to-OCF. This places Azzuro Resources in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a Metals & Mining company?
A good EV-to-OCF depends on the Metals & Mining industry context. However, EV-to-OCF 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 EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. Azzuro Resources's current EV-to-OCF is -2.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azzuro Resources stock overvalued right now?
Azzuro Resources (ASX:AZ9) has a current EV-to-OCF of -2.11. The current EV-to-OCF is -2.11. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Azzuro Resources (ASX:AZ9), the current EV-to-OCF is -2.11 as of Sep. 02, 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.

Azzuro Resources Business Description

Other Exchanges UKN:Germany
Address 16 Nicholson Road, Suite 8, Perth, WA, AUS, 6008
Azzuro Resources PLC is an exploration company focused on advancing copper, nickel, gold and base metals projects in southwest Mongolia. Its project portfolio includes the Oval copper-nickel-PGE project, the Red Hill copper-gold project, and other exploration properties in the Central Asian Orogenic Belt.