MLG Oz (ASX:MLG) EV-to-OCF: 2.93 (As of Aug. 11, 2026) — 22% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASX:MLG MLG Oz Ltd ASX:MLG
38 GF Score
Price A$0.76
GF Value A$0.73
Valuation Fairly Valued
! 5 Warning Signs
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What is MLG Oz EV-to-OCF?

MLG Oz ASX:MLG +1.34% 38 EV-to-OCF is 2.93 as of Aug. 11, 2026, which is 22% below its 10-year median of 3.74. GuruFocus rates ASX:MLG with a GF Score™ of 38/100 and a GF Value™ of A$0.73 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,666 Metals & Mining companies, MLG Oz ranks worse than 79.22% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, MLG Oz's Enterprise Value is A$194.9 Mil. MLG Oz's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$66.6 Mil. Therefore, MLG Oz's EV-to-OCF for today is 2.93.

The historical rank and industry rank for MLG Oz's EV-to-OCF or its related term are showing as below:

ASX:MLG' s EV-to-OCF Range Over the Past 10 Years
Min: 2.46   Med: 3.74   Max: 5.58
Current: 2.9

During the past 5 years, the highest EV-to-OCF of MLG Oz was 5.58. The lowest was 2.46. And the median was 3.74.

ASX:MLG's EV-to-OCF is ranked worse than
79.22% of 2666 companies
in the Metals & Mining industry
Industry Median: -8.58 vs ASX:MLG: 2.90

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.

As of today (2026-08-11), MLG Oz's stock price is A$0.755. MLG Oz's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.083. Therefore, MLG Oz's PE Ratio (TTM) for today is 9.10.


MLG Oz  (ASX:MLG) EV-to-OCF Explanation

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.

MLG Oz's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.755/0.083
=9.10

MLG Oz's share price for today is A$0.755.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. MLG Oz's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.083.

* 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.


MLG Oz EV-to-OCF Related Terms


MLG Oz EV-to-OCF Historical Data

* Premium members only.

The historical data trend for MLG Oz'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.

MLG Oz EV-to-OCF Chart

MLG Oz Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
EV-to-OCF
4.88 3.98 4.60 3.06 3.05

MLG Oz Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EV-to-OCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 3.06 0.00 3.05 0.00

MLG Oz EV-to-OCF Competitor Comparison

For the Other Industrial Metals & Mining subindustry, MLG Oz'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.


MLG Oz EV-to-OCF vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, MLG Oz's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where MLG Oz's EV-to-OCF falls into.


ASX:MLG
38GF Score
MLG Oz Ltd ASX:MLG
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MLG Oz EV-to-OCF Calculation

MLG Oz's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=194.933/66.608
=2.93

MLG Oz's current Enterprise Value is A$194.9 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. MLG Oz's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$66.6 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.

Frequently Asked Questions Learn more about EV-to-OCF →
What does a EV-to-OCF of 2.93 mean?
MLG Oz (ASX:MLG) has a EV-to-OCF of 2.93 as of Aug. 11, 2026. This is 22% below median its historical median of 3.74. Over the past decade, MLG Oz's EV-to-OCF has ranged from 2.46 to 5.58. According to the industry distribution chart, MLG Oz ranks #2112 out of 2666 companies in the Metals & Mining industry, placing it in the top 79.2%.
Is MLG Oz's EV-to-OCF too high?
MLG Oz's current EV-to-OCF of 2.93 is 22% below median its 10-year median of 3.74. Over the past 10 years, this metric has ranged from a low of 2.46 to a high of 5.58. Based on the distribution chart, MLG Oz ranks #2112 out of 2666 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, MLG Oz has a GF Score™ of 38/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MLG Oz's EV-to-OCF compare to competitors?
According to the Metals & Mining industry distribution chart, MLG Oz ranks #2112 out of 2666 companies for EV-to-OCF. This places MLG Oz in the lower half of its industry. Historically, MLG Oz's own EV-to-OCF has ranged from 2.46 to 5.58 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. MLG Oz's current EV-to-OCF is 2.93, which is 22% below median its own 10-year median of 3.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MLG Oz stock overvalued right now?
Based on GuruFocus' analysis, MLG Oz (ASX:MLG) is currently considered Fairly Valued. The stock's GF Value™ is A$0.73, compared to a current price of A$0.76 — trading 3.4% above its estimated fair value. The current EV-to-OCF is 2.93, which is 22% below median its 10-year median of 3.74. MLG Oz's overall GF Score™ is 38/100 with 5 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 MLG Oz (ASX:MLG), the current EV-to-OCF is 2.93 as of Aug. 11, 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 MLG Oz (ASX:MLG) Overvalued in 2026?

Based on GuruFocus' analysis, MLG Oz stock appears to be overvalued. The current stock price of A$0.76 is trading 3.4% above its estimated GF Value™ of A$0.73. GuruFocus considers MLG Oz to be Fairly Valued.

Key valuation signals for ASX:MLG:

  • EV-to-OCF: 2.93 (22% below median its 10-year median of 3.74)
  • GF Value™: A$0.73 vs. price of A$0.76 (3.4% above fair value)
  • GF Score™: 38/100 with 5 warning signs

No single metric tells the full story. See the ASX:MLG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MLG Oz Business Description

Address 10 Yindi Way, Broadwood, Kalgoorlie, WA, AUS, 6430
MLG Oz Ltd is a Kalgoorlie-based integrated mining services and resource asset management company. It supports ore processing facilities across gold, iron ore, and base metals in Western Australia and the Northern Territory. The company offers comprehensive mine site and supply chain solutions throughout the project lifecycle under a single contractual framework, including civil and construction, crushing and screening, bulk haulage and site services, and supply of mining and construction materials. Its expertise covers gold, iron ore, nickel, and base metals sectors, with key activities in bulk haulage, civil mining, construction aggregates, and crushing and screening.
38GF Score

Get the complete analysis for ASX:MLG

EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$0.76
Price
A$0.73
GF Value