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Bathurst ResourcesASX:BRL 32 EV-to-OCF is 58.36 as of Aug. 03, 2026, which is 245% above its 10-year median of 16.94. GuruFocus rates ASX:BRL with a GF Score™ of 32/100 and a GF Value™ of A$0.51 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 635 Steel companies, Bathurst Resources ranks worse than 92.28% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Bathurst Resources's Enterprise Value is A$87.37 Mil.
Bathurst Resources's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$1.50 Mil. Therefore, Bathurst Resources's EV-to-OCF for today is 58.36.
The historical rank and industry rank for Bathurst Resources's EV-to-OCF or its related term are showing as below:
ASX:BRL'
s EV-to-OCF Range Over the Past 10 Years
Min: 1.39 Med: 16.94 Max: 480.84
Current: 53.55
During the past 13 years, the highest EV-to-OCF of Bathurst Resources was 480.84. The lowest was 1.39. And the median was 16.94.
ASX:BRL's EV-to-OCF is ranked worse than 92.28% of 635
companies
in the Steel industry
Industry Median: 7.31
vs ASX:BRL: 53.55
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.
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.
Bathurst Resources's PE Ratio (TTM) for today is calculated as:
Bathurst Resources's share price for today is A$0.45.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Bathurst Resources's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$-0.031.
* 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.
Bathurst Resources EV-to-OCF Related Terms
Bathurst Resources EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Bathurst 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.
For the Coking Coal subindustry, Bathurst 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.
Bathurst Resources EV-to-OCF vs Steel Industry
For the Steel industry and Basic Materials sector, Bathurst Resources's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Bathurst Resources's EV-to-OCF falls into.
Bathurst Resources's current Enterprise Value is A$87.37 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Bathurst Resources's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$1.50 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.
Bathurst Resources (ASX:BRL) has a EV-to-OCF of 58.36 as of Aug. 03, 2026. This is 245% above median its historical median of 16.94. Over the past decade, Bathurst Resources' EV-to-OCF has ranged from 1.39 to 480.84. According to the industry distribution chart, Bathurst Resources ranks #586 out of 635 companies in the Steel industry, placing it in the top 92.3%.
Is Bathurst Resources' EV-to-OCF too high?
Bathurst Resources' current EV-to-OCF of 58.36 is 245% above median its 10-year median of 16.94. Over the past 10 years, this metric has ranged from a low of 1.39 to a high of 480.84. The Steel industry median EV-to-OCF is 7.31. Bathurst Resources' value of 58.36 is 698.4% above this industry median. Based on the distribution chart, Bathurst Resources ranks #586 out of 635 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Bathurst Resources has a GF Score™ of 32/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bathurst Resources' EV-to-OCF compare to HCC and AMR?
According to the Steel industry distribution chart, Bathurst Resources ranks #586 out of 635 companies for EV-to-OCF. This places Bathurst Resources in the lower half of its industry. The industry median EV-to-OCF is 7.31. Bathurst Resources' value of 58.36 is 698.4% above this benchmark. Historically, Bathurst Resources' own EV-to-OCF has ranged from 1.39 to 480.84 over the past decade. While the company's 10-year median is 16.94 vs. the industry median of 7.31, Bathurst Resources has consistently been above 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 EV-to-OCF for a Steel company?
The median EV-to-OCF among Steel companies is 7.31, based on 635 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bathurst Resources's current EV-to-OCF of 58.36 is 698.4% 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-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Steel industry, the median EV-to-OCF is 7.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bathurst Resources's current EV-to-OCF is 58.36, which is 245% above median its own 10-year median of 16.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bathurst Resources stock overvalued right now?
Based on GuruFocus' analysis, Bathurst Resources (ASX:BRL) is currently considered Modestly Undervalued. The stock's GF Value™ is A$0.51, compared to a current price of A$0.45 — trading 11.8% below its estimated fair value. The current EV-to-OCF is 58.36, which is 245% above median its 10-year median of 16.94 and 698.4% above the Steel industry median of 7.31. Bathurst Resources' overall GF Score™ is 32/100 with 2 warning signs to review. 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 Bathurst Resources (ASX:BRL), the current EV-to-OCF is 58.36 as of Aug. 03, 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 Bathurst Resources (ASX:BRL) Overvalued in 2026?
Based on GuruFocus' analysis, Bathurst Resources stock appears to be undervalued.
The current stock price of A$0.45 is trading 11.8% below its estimated GF Value™ of A$0.51.
GuruFocus considers Bathurst Resources to be Modestly Undervalued.
Key valuation signals for ASX:BRL:
EV-to-OCF: 58.36 (245% above median its 10-year median of 16.94)
GF Value™: A$0.51 vs. price of A$0.45 (11.8% below fair value)
Industry Position: 698.4% above the Steel median (#586 of 635)
No single metric tells the full story. See the ASX:BRL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bathurst Resources Ltd is principally engaged in the exploration, development, and production of coal. The operating business segments of the company are Export, Domestic, and Corporate, with maximum revenue from the export segment. It has three operating mines in the South Island: Canterbury Coal, Stockton, and Takitimu. It also operates Maramarua and Rotowaro in the Waikato region of the North Island. Further, it has two mines the Cascade and Escarpment mines near Westport. It earns maximum from Export segment following domestic segment.
32GF Score
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