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H3 EnergyASX:H3E EV-to-OCF is -4.44 as of Sep. 16, 2026. The stock has 4 warning signs investors should review. Among 1,022 Oil & Gas companies, H3 Energy ranks better than 79.06% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, H3 Energy's Enterprise Value is A$6.48 Mil.
H3 Energy's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$-1.46 Mil. Therefore, H3 Energy's EV-to-OCF for today is -4.44.
The historical rank and industry rank for H3 Energy's EV-to-OCF or its related term are showing as below:
ASX:H3E'
s EV-to-OCF Range Over the Past 10 Years
Min: -177.49 Med: -3.17 Max: 1.23
Current: -5.36
During the past 13 years, the highest EV-to-OCF of H3 Energy was 1.23. The lowest was -177.49. And the median was -3.17.
ASX:H3E's EV-to-OCF is ranked better than 79.06% of 1022
companies
in the Oil & Gas industry
Industry Median: 5.865
vs ASX:H3E: -5.36
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.
H3 Energy's share price for today is A$0.005.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. H3 Energy's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$-0.009.
* 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.
H3 Energy EV-to-OCF Related Terms
H3 Energy EV-to-OCF Historical Data
* Premium members only.
The historical data trend for H3 Energy'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 Oil & Gas E&P subindustry, H3 Energy'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.
H3 Energy EV-to-OCF vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, H3 Energy's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where H3 Energy's EV-to-OCF falls into.
H3 Energy's current Enterprise Value is A$6.48 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. H3 Energy's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$-1.46 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.
H3 Energy (ASX:H3E) has a EV-to-OCF of -4.44 as of Sep. 16, 2026. According to the industry distribution chart, H3 Energy ranks #214 out of 1022 companies in the Oil & Gas industry, placing it in the top 20.9%.
Is H3 Energy's EV-to-OCF too high?
H3 Energy's current EV-to-OCF is -4.44. Based on the distribution chart, H3 Energy ranks #214 out of 1022 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers.
How does H3 Energy's EV-to-OCF compare to COP and EOG?
According to the Oil & Gas industry distribution chart, H3 Energy ranks #214 out of 1022 companies for EV-to-OCF. This places H3 Energy in the top 21% of its industry — outperforming the majority of peers. The industry median EV-to-OCF is 5.87. 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 an Oil & Gas company?
The median EV-to-OCF among Oil & Gas companies is 5.87, based on 1,022 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. 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 Oil & Gas industry, the median EV-to-OCF is 5.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. H3 Energy's current EV-to-OCF is -4.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is H3 Energy stock overvalued right now?
H3 Energy (ASX:H3E) has a current EV-to-OCF of -4.44. The current EV-to-OCF is -4.44. 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 H3 Energy (ASX:H3E), the current EV-to-OCF is -4.44 as of Sep. 16, 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.
H3 Energy Ltd is an exploration and production company focused on exploring hydrocarbons, natural hydrogen and helium for the energy transition. The company holds exploration activities in South Australia's Officer Basin, a substantial contingent gas resource in Western Australia, and geothermal applications in southwest Queensland's hot water sites.
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