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Image Resources NLASX:IMA EV-to-OCF is 4.45 as of Aug. 03, 2026, which is 86% above its 10-year median of 2.39. The stock has 5 warning signs investors should review. Among 2,671 Metals & Mining companies, Image Resources NL ranks worse than 81.62% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Image Resources NL's Enterprise Value is A$32.39 Mil.
Image Resources NL's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$7.28 Mil. Therefore, Image Resources NL's EV-to-OCF for today is 4.45.
The historical rank and industry rank for Image Resources NL's EV-to-OCF or its related term are showing as below:
ASX:IMA'
s EV-to-OCF Range Over the Past 10 Years
Min: 0.27 Med: 2.39 Max: 10.55
Current: 4.58
During the past 13 years, the highest EV-to-OCF of Image Resources NL was 10.55. The lowest was 0.27. And the median was 2.39.
ASX:IMA's EV-to-OCF is ranked worse than 81.62% of 2671
companies
in the Metals & Mining industry
Industry Median: -8.44
vs ASX:IMA: 4.58
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.
Image Resources NL's PE Ratio (TTM) for today is calculated as:
Image Resources NL's share price for today is A$0.018.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Image Resources NL's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$-0.075.
* 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.
Image Resources NL EV-to-OCF Related Terms
Image Resources NL EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Image Resources NL'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 Other Industrial Metals & Mining subindustry, Image Resources NL'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.
Image Resources NL EV-to-OCF vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Image Resources NL's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Image Resources NL's EV-to-OCF falls into.
Image Resources NL's current Enterprise Value is A$32.39 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Image Resources NL's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$7.28 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.
Image Resources NL (ASX:IMA) has a EV-to-OCF of 4.45 as of Aug. 03, 2026. This is 86% above median its historical median of 2.39. Over the past decade, Image Resources NL's EV-to-OCF has ranged from 0.27 to 10.55. According to the industry distribution chart, Image Resources NL ranks #2180 out of 2671 companies in the Metals & Mining industry, placing it in the top 81.6%.
Is Image Resources NL's EV-to-OCF too high?
Image Resources NL's current EV-to-OCF of 4.45 is 86% above median its 10-year median of 2.39. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 10.55. Based on the distribution chart, Image Resources NL ranks #2180 out of 2671 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Image Resources NL's EV-to-OCF compare to competitors?
According to the Metals & Mining industry distribution chart, Image Resources NL ranks #2180 out of 2671 companies for EV-to-OCF. This places Image Resources NL in the lower half of its industry. Historically, Image Resources NL's own EV-to-OCF has ranged from 0.27 to 10.55 over the past decade. 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. Image Resources NL's current EV-to-OCF is 4.45, which is 86% above median its own 10-year median of 2.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Image Resources NL stock overvalued right now?
Image Resources NL (ASX:IMA) has a current EV-to-OCF of 4.45. The current EV-to-OCF is 4.45, which is 86% above median its 10-year median of 2.39. 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 Image Resources NL (ASX:IMA), the current EV-to-OCF is 4.45 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.
Image Resources NL is a mineral sands-focused mining company, currently transitioning from open-cut mining and ore processing operations at its high-grade, zircon-rich Boonanarring project, to the Atlas project, and also holds ownership stakes in the Yandanooka, Bidaminna, and McCalls projects in North Perth Basin. In addition, the company holds two exploration licenses and two prospecting licenses, located southeast of Kalgoorlie, which make up the Erayinia/King Gold Project.
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