Sandfire Resources (ASX:SFR) EV-to-OCF: 12.02 (As of Aug. 13, 2026) — 170% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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:SFR Sandfire Resources Ltd ASX:SFR
84 GF Score
Price A$21.12
GF Value A$15.15
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Sandfire Resources EV-to-OCF?

Sandfire Resources ASX:SFR -2.09% 84 EV-to-OCF is 12.02 as of Aug. 13, 2026, which is 170% above its 10-year median of 4.45. GuruFocus rates ASX:SFR with a GF Score™ of 84/100 and a GF Value™ of A$15.15 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,666 Metals & Mining companies, Sandfire Resources ranks worse than 87.7% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Sandfire Resources's Enterprise Value is A$10,073 Mil. Sandfire Resources's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$838 Mil. Therefore, Sandfire Resources's EV-to-OCF for today is 12.02.

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

ASX:SFR' s EV-to-OCF Range Over the Past 10 Years
Min: 0.68   Med: 4.45   Max: 28.45
Current: 11.75

During the past 13 years, the highest EV-to-OCF of Sandfire Resources was 28.45. The lowest was 0.68. And the median was 4.45.

ASX:SFR's EV-to-OCF is ranked worse than
87.7% of 2666 companies
in the Metals & Mining industry
Industry Median: -8.755 vs ASX:SFR: 11.75

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 (2026-08-13), Sandfire Resources's stock price is A$21.12. Sandfire Resources's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.452. Therefore, Sandfire Resources's PE Ratio (TTM) for today is 46.73.


Sandfire Resources  (ASX:SFR) 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.

Sandfire Resources's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=21.12/0.452
=46.73

Sandfire Resources's share price for today is A$21.12.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Sandfire Resources's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.452.

* 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.


Sandfire Resources EV-to-OCF Related Terms


Sandfire Resources EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Sandfire Resources'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.

Sandfire Resources EV-to-OCF Chart

Sandfire Resources Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.45 4.18 19.40 8.83 6.67

Sandfire Resources Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 8.83 0.00 6.67 0.00

ASX:SFR vs SCCO, FCX: EV-to-OCF Comparison

For the Copper subindustry, Sandfire Resources'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.


Sandfire Resources EV-to-OCF vs Metals & Mining Industry

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

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


ASX:SFR
84GF Score
Sandfire Resources Ltd ASX:SFR
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sandfire Resources EV-to-OCF Calculation

Sandfire Resources's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=10073.045/838.358
=12.02

Sandfire Resources's current Enterprise Value is A$10,073 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Sandfire Resources's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$838 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 12.02 mean?
Sandfire Resources (ASX:SFR) has a EV-to-OCF of 12.02 as of Aug. 13, 2026. This is 170% above median its historical median of 4.45. Over the past decade, Sandfire Resources' EV-to-OCF has ranged from 0.68 to 28.45. According to the industry distribution chart, Sandfire Resources ranks #2338 out of 2666 companies in the Metals & Mining industry, placing it in the top 87.7%.
Is Sandfire Resources' EV-to-OCF too high?
Sandfire Resources' current EV-to-OCF of 12.02 is 170% above median its 10-year median of 4.45. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 28.45. Based on the distribution chart, Sandfire Resources ranks #2338 out of 2666 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Sandfire Resources has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sandfire Resources' EV-to-OCF compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Sandfire Resources ranks #2338 out of 2666 companies for EV-to-OCF. This places Sandfire Resources in the lower half of its industry. Historically, Sandfire Resources' own EV-to-OCF has ranged from 0.68 to 28.45 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. Sandfire Resources's current EV-to-OCF is 12.02, which is 170% above median its own 10-year median of 4.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sandfire Resources stock overvalued right now?
Based on GuruFocus' analysis, Sandfire Resources (ASX:SFR) is currently considered Significantly Overvalued. The stock's GF Value™ is A$15.15, compared to a current price of A$21.12 — trading 39.4% above its estimated fair value. The current EV-to-OCF is 12.02, which is 170% above median its 10-year median of 4.45. Sandfire Resources' overall GF Score™ is 84/100 with 6 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 Sandfire Resources (ASX:SFR), the current EV-to-OCF is 12.02 as of Aug. 13, 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 Sandfire Resources (ASX:SFR) Overvalued in 2026?

Based on GuruFocus' analysis, Sandfire Resources stock appears to be overvalued. The current stock price of A$21.12 is trading 39.4% above its estimated GF Value™ of A$15.15. GuruFocus considers Sandfire Resources to be Significantly Overvalued.

Key valuation signals for ASX:SFR:

  • EV-to-OCF: 12.02 (170% above median its 10-year median of 4.45)
  • GF Value™: A$15.15 vs. price of A$21.12 (39.4% above fair value)
  • GF Score™: 84/100 with 6 warning signs

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


Sandfire Resources Business Description

Other Exchanges SFRRF:USAS2Z:Germany
Address 10 Kings Park Road, Level 2, West Perth, Perth, WA, AUS, 6005
Sandfire Resources Ltd is a copper-focused mineral exploration and development company. The company's operating segments include DeGrussa Copper operations, MATSA Copper Operations, Black Butte Copper Project, Motheo Copper Operations, and Exploration and Other. It derives key revenue from the MATSA Copper Operations segment, which consists of the Minas de Aguas Tenidas (MATSA) polymetallic mining complex in Spain and exploration and evaluation activities in Spain and Portugal. The operations comprise three underground mines and a central processing facility. The mines generate revenue from the sale of copper, zinc, and lead concentrates containing a silver by-product. Geographically, the company generates maximum revenue from Spain, followed by China, Sweden, Malaysia, and other regions.
84GF Score

Get the complete analysis for ASX:SFR

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

A$21.12
Price
A$15.15
GF Value