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Minerals ExplorationASX:MEX -1.92% EV-to-OCF is -4.86 as of Jul. 25, 2026. Among 2,667 Metals & Mining companies, Minerals Exploration ranks worse than 60.97% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Minerals Exploration's Enterprise Value is A$5.24 Mil.
Minerals Exploration's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$-1.08 Mil. Therefore, Minerals Exploration's EV-to-OCF for today is -4.86.
The historical rank and industry rank for Minerals Exploration's EV-to-OCF or its related term are showing as below:
ASX:MEX'
s EV-to-OCF Range Over the Past 10 Years
Min: -5.04 Med: 0 Max: -5.04
Current: -5.04
During the past 4 years, the highest EV-to-OCF of Minerals Exploration was -5.04. The lowest was -5.04. And the median was .
ASX:MEX's EV-to-OCF is ranked worse than 60.97% of 2667
companies
in the Metals & Mining industry
Industry Median: -8.56
vs ASX:MEX: -5.04
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.
Minerals Exploration's PE Ratio (TTM) for today is calculated as:
Minerals Exploration's share price for today is A$0.051.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Minerals Exploration's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$-0.016.
* 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.
Minerals Exploration EV-to-OCF Related Terms
Minerals Exploration EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Minerals Exploration'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, Minerals Exploration'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.
Minerals Exploration EV-to-OCF vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Minerals Exploration's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Minerals Exploration's EV-to-OCF falls into.
Minerals Exploration's current Enterprise Value is A$5.24 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Minerals Exploration's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$-1.08 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.
Minerals Exploration (ASX:MEX) has a EV-to-OCF of -4.86 as of Jul. 25, 2026. According to the industry distribution chart, Minerals Exploration ranks #1626 out of 2667 companies in the Metals & Mining industry, placing it in the top 61%.
Is Minerals Exploration's EV-to-OCF too high?
Minerals Exploration's current EV-to-OCF is -4.86. Based on the distribution chart, Minerals Exploration ranks #1626 out of 2667 companies in the Metals & Mining industry, which is below the industry midpoint.
How does Minerals Exploration's EV-to-OCF compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Minerals Exploration ranks #1626 out of 2667 companies for EV-to-OCF. This places Minerals Exploration 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. Minerals Exploration's current EV-to-OCF is -4.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minerals Exploration stock overvalued right now?
Minerals Exploration (ASX:MEX) has a current EV-to-OCF of -4.86. The current EV-to-OCF is -4.86. 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 Minerals Exploration (ASX:MEX), the current EV-to-OCF is -4.86 as of Jul. 25, 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.
Minerals Exploration Ltd is a company focused on gold exploration. The company is implementing an aggressive brownfields exploration across its portfolio of New Zealand gold assets. These assets contain previously identified mineralisation from historical production and exploration activities, are located in the Hauraki and Otago Goldfields, and are situated near established deposits.
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