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Kaiser ReefASX:KAU -2.70%28 EV-to-OCF is 2.05 as of Aug. 02, 2026, which is 88% below its 10-year median of 16.78. GuruFocus rates ASX:KAU with a GF Score™ of 28/100 and a GF Value™ of A$0.30 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 2,671 Metals & Mining companies, Kaiser Reef ranks worse than 78.92% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Kaiser Reef's Enterprise Value is A$80.1 Mil.
Kaiser Reef's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$39.2 Mil. Therefore, Kaiser Reef's EV-to-OCF for today is 2.05.
The historical rank and industry rank for Kaiser Reef's EV-to-OCF or its related term are showing as below:
ASX:KAU'
s EV-to-OCF Range Over the Past 10 Years
Min: 2.12 Med: 16.78 Max: 75.65
Current: 2.12
During the past 4 years, the highest EV-to-OCF of Kaiser Reef was 75.65. The lowest was 2.12. And the median was 16.78.
ASX:KAU's EV-to-OCF is ranked worse than 78.92% of 2671
companies
in the Metals & Mining industry
Industry Median: -8.44
vs ASX:KAU: 2.12
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.
Kaiser Reef's PE Ratio (TTM) for today is calculated as:
Kaiser Reef's share price for today is A$0.18.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Kaiser Reef's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$-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.
Kaiser Reef EV-to-OCF Related Terms
Kaiser Reef EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Kaiser Reef'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 Gold subindustry, Kaiser Reef'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.
Kaiser Reef EV-to-OCF vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Kaiser Reef's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Kaiser Reef's EV-to-OCF falls into.
Kaiser Reef's current Enterprise Value is A$80.1 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Kaiser Reef's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$39.2 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.
Kaiser Reef (ASX:KAU) has a EV-to-OCF of 2.05 as of Aug. 02, 2026. This is 88% below median its historical median of 16.78. Over the past decade, Kaiser Reef's EV-to-OCF has ranged from 2.12 to 75.65. According to the industry distribution chart, Kaiser Reef ranks #2108 out of 2671 companies in the Metals & Mining industry, placing it in the top 78.9%.
Is Kaiser Reef's EV-to-OCF too high?
Kaiser Reef's current EV-to-OCF of 2.05 is 88% below median its 10-year median of 16.78. Over the past 10 years, this metric has ranged from a low of 2.12 to a high of 75.65. Based on the distribution chart, Kaiser Reef ranks #2108 out of 2671 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Kaiser Reef has a GF Score™ of 28/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kaiser Reef's EV-to-OCF compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Kaiser Reef ranks #2108 out of 2671 companies for EV-to-OCF. This places Kaiser Reef in the lower half of its industry. Historically, Kaiser Reef's own EV-to-OCF has ranged from 2.12 to 75.65 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. Kaiser Reef's current EV-to-OCF is 2.05, which is 88% below median its own 10-year median of 16.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kaiser Reef stock overvalued right now?
Based on GuruFocus' analysis, Kaiser Reef (ASX:KAU) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.30, compared to a current price of A$0.18 — trading 40% below its estimated fair value. The current EV-to-OCF is 2.05, which is 88% below median its 10-year median of 16.78. Kaiser Reef's overall GF Score™ is 28/100 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 Kaiser Reef (ASX:KAU), the current EV-to-OCF is 2.05 as of Aug. 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.
Is Kaiser Reef (ASX:KAU) Overvalued in 2026?
Based on GuruFocus' analysis, Kaiser Reef stock appears to be undervalued.
The current stock price of A$0.18 is trading 40% below its estimated GF Value™ of A$0.30.
GuruFocus considers Kaiser Reef to be Possible Value Trap.
Key valuation signals for ASX:KAU:
EV-to-OCF: 2.05 (88% below median its 10-year median of 16.78)
GF Value™: A$0.30 vs. price of A$0.18 (40% below fair value)
No single metric tells the full story. See the ASX:KAU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kaiser Reef Ltd is a gold producer and exploration company. The company's projects include A1 Gold Mine, Henty Gold Mine, Maldon Goldfields, and Maldon Plant. Its segments include Victoria operations and Tasmania operations. It generates the majority of its revenue from the Victoria operations segment.
28GF Score
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