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Ionic Rare EarthsASX:IXR -2.78%26 EV-to-OCF is -7.42 as of Jul. 20, 2026. GuruFocus rates ASX:IXR with a GF Score™ of 26/100. The stock has 1 warning sign investors should review. Among 2,670 Metals & Mining companies, Ionic Rare Earths ranks worse than 53.15% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Ionic Rare Earths's Enterprise Value is A$67.25 Mil.
Ionic Rare Earths's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$-9.06 Mil. Therefore, Ionic Rare Earths's EV-to-OCF for today is -7.42.
The historical rank and industry rank for Ionic Rare Earths's EV-to-OCF or its related term are showing as below:
ASX:IXR'
s EV-to-OCF Range Over the Past 10 Years
Min: -7.42 Med: 0 Max: -7.42
Current: -7.42
During the past 13 years, the highest EV-to-OCF of Ionic Rare Earths was -7.42. The lowest was -7.42. And the median was .
ASX:IXR's EV-to-OCF is ranked worse than 53.15% of 2670
companies
in the Metals & Mining industry
Industry Median: -8.52
vs ASX:IXR: -7.42
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.
Ionic Rare Earths's PE Ratio (TTM) for today is calculated as:
Ionic Rare Earths's share price for today is A$0.35.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ionic Rare Earths's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$-0.055.
* 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.
Ionic Rare Earths EV-to-OCF Related Terms
Ionic Rare Earths EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Ionic Rare Earths'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, Ionic Rare Earths'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.
Ionic Rare Earths EV-to-OCF vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Ionic Rare Earths's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Ionic Rare Earths's EV-to-OCF falls into.
Ionic Rare Earths's current Enterprise Value is A$67.25 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ionic Rare Earths's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$-9.06 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.
Ionic Rare Earths (ASX:IXR) has a EV-to-OCF of -7.42 as of Jul. 20, 2026. According to the industry distribution chart, Ionic Rare Earths ranks #1419 out of 2670 companies in the Metals & Mining industry, placing it in the top 53.1%.
Is Ionic Rare Earths' EV-to-OCF too high?
Ionic Rare Earths' current EV-to-OCF is -7.42. Based on the distribution chart, Ionic Rare Earths ranks #1419 out of 2670 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Ionic Rare Earths has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Ionic Rare Earths' EV-to-OCF compare to competitors?
According to the Metals & Mining industry distribution chart, Ionic Rare Earths ranks #1419 out of 2670 companies for EV-to-OCF. This places Ionic Rare Earths 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. Ionic Rare Earths's current EV-to-OCF is -7.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ionic Rare Earths stock overvalued right now?
Ionic Rare Earths (ASX:IXR) has a current EV-to-OCF of -7.42. The current EV-to-OCF is -7.42. Ionic Rare Earths' overall GF Score™ is 26/100 with 1 warning sign 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 Ionic Rare Earths (ASX:IXR), the current EV-to-OCF is -7.42 as of Jul. 20, 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.
Ionic Rare Earths Ltd is a mineral exploration company. It is engaged in the mining, refining, and recycling of magnet and heavy rare earth critical minerals for energy transition, manufacturing, and defense. Its projects include the Makuutu project in Uganda. The company also has a magnet recycling facility in Northern Ireland. It is organized into one operating segment, exploration operations. Geographically, its activities are conducted across three geographic locations, Australia which generates maximum revenue, Uganda, and the United Kingdom.
26GF Score
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