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Nex Metals ExplorationASX:NME EV-to-OCF is -10.23 as of Aug. 12, 2026. The stock has 4 warning signs investors should review. Among 2,666 Metals & Mining companies, Nex Metals Exploration ranks better than 54.35% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Nex Metals Exploration's Enterprise Value is A$4.16 Mil.
Nex Metals Exploration's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$-0.41 Mil. Therefore, Nex Metals Exploration's EV-to-OCF for today is -10.23.
The historical rank and industry rank for Nex Metals Exploration's EV-to-OCF or its related term are showing as below:
ASX:NME'
s EV-to-OCF Range Over the Past 10 Years
Min: -10.23 Med: 0 Max: -10.23
Current: -10.23
During the past 13 years, the highest EV-to-OCF of Nex Metals Exploration was -10.23. The lowest was -10.23. And the median was .
ASX:NME's EV-to-OCF is ranked better than 54.35% of 2666
companies
in the Metals & Mining industry
Industry Median: -8.58
vs ASX:NME: -10.23
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.
Nex Metals Exploration's PE Ratio (TTM) for today is calculated as:
Nex Metals Exploration's share price for today is A$0.011.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Nex Metals Exploration's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$-0.005.
* 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.
* 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, Nex Metals 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.
Nex Metals Exploration EV-to-OCF vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Nex Metals Exploration's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Nex Metals Exploration's EV-to-OCF falls into.
Nex Metals Exploration's current Enterprise Value is A$4.16 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Nex Metals Exploration's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$-0.41 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.
Nex Metals Exploration (ASX:NME) has a EV-to-OCF of -10.23 as of Aug. 12, 2026. According to the industry distribution chart, Nex Metals Exploration ranks #1217 out of 2666 companies in the Metals & Mining industry, placing it in the top 45.6%.
Is Nex Metals Exploration's EV-to-OCF too high?
Nex Metals Exploration's current EV-to-OCF is -10.23. Based on the distribution chart, Nex Metals Exploration ranks #1217 out of 2666 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Nex Metals Exploration's EV-to-OCF compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Nex Metals Exploration ranks #1217 out of 2666 companies for EV-to-OCF. This puts Nex Metals Exploration in the upper 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. Nex Metals Exploration's current EV-to-OCF is -10.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nex Metals Exploration stock overvalued right now?
Nex Metals Exploration (ASX:NME) has a current EV-to-OCF of -10.23. The current EV-to-OCF is -10.23. 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 Nex Metals Exploration (ASX:NME), the current EV-to-OCF is -10.23 as of Aug. 12, 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.
Nex Metals Exploration Ltd engages in the exploration and mining of mineral properties in Western Australia. It explores for gold, copper, and nickel. The company holds an interest in the Kookynie Gold Project, Yundamindra Gold Project, and Kookynie Tailings Research Project. The company generates majority of the revenue from Australia.
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