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Macallum New EnergyASX:MNE +10.00%12 EV-to-OCF is -34.41 as of Aug. 11, 2026. GuruFocus rates ASX:MNE with a GF Score™ of 12/100. Among 1,027 Oil & Gas companies, Macallum New Energy ranks better than 93.67% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Macallum New Energy's Enterprise Value is A$21.20 Mil.
Macallum New Energy's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$-0.62 Mil. Therefore, Macallum New Energy's EV-to-OCF for today is -34.41.
The historical rank and industry rank for Macallum New Energy's EV-to-OCF or its related term are showing as below:
ASX:MNE'
s EV-to-OCF Range Over the Past 10 Years
Min: -36.69 Med: 0 Max: -36.69
Current: -36.69
During the past 3 years, the highest EV-to-OCF of Macallum New Energy was -36.69. The lowest was -36.69. And the median was .
ASX:MNE's EV-to-OCF is ranked better than 93.67% of 1027
companies
in the Oil & Gas industry
Industry Median: 5.68
vs ASX:MNE: -36.69
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.
Macallum New Energy (ASX:MNE) 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.
Macallum New Energy's PE Ratio (TTM) for today is calculated as:
Macallum New Energy's share price for today is A$0.165.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Macallum New Energy's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$-0.012.
* 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.
Macallum New Energy EV-to-OCF Related Terms
Macallum New Energy EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Macallum New Energy'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.
Macallum New Energy EV-to-OCF Chart
Macallum New Energy Annual Data
Trend
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Jun25
EV-to-OCF
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Macallum New Energy Semi-Annual Data
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ASX:MNE vs COP, EOG, FANG: EV-to-OCF Comparison
For the Oil & Gas E&P subindustry, Macallum New Energy'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.
Macallum New Energy EV-to-OCF vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Macallum New Energy's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Macallum New Energy's EV-to-OCF falls into.
Macallum New Energy's current Enterprise Value is A$21.20 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Macallum New Energy's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$-0.62 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.
Macallum New Energy (ASX:MNE) has a EV-to-OCF of -34.41 as of Aug. 11, 2026. According to the industry distribution chart, Macallum New Energy ranks #65 out of 1027 companies in the Oil & Gas industry, placing it in the top 6.3%.
Is Macallum New Energy's EV-to-OCF too high?
Macallum New Energy's current EV-to-OCF is -34.41. Based on the distribution chart, Macallum New Energy ranks #65 out of 1027 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Macallum New Energy has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Macallum New Energy's EV-to-OCF compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Macallum New Energy ranks #65 out of 1027 companies for EV-to-OCF. This places Macallum New Energy in the top 6% of its industry — outperforming the majority of peers. The industry median EV-to-OCF is 5.68. 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 an Oil & Gas company?
The median EV-to-OCF among Oil & Gas companies is 5.68, based on 1,027 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. 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. For the Oil & Gas industry, the median EV-to-OCF is 5.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Macallum New Energy's current EV-to-OCF is -34.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macallum New Energy stock overvalued right now?
Macallum New Energy (ASX:MNE) has a current EV-to-OCF of -34.41. The current EV-to-OCF is -34.41. Macallum New Energy's overall GF Score™ is 12/100. 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 Macallum New Energy (ASX:MNE), the current EV-to-OCF is -34.41 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.
Macallum New Energy Ltd is an oil and gas exploration company. The company is focused on the assessment and future development of its exploration projects located in the onshore Northern Perth Basin in Western Australia.
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