EGO (Eldorado Gold) EV-to-OCF: 16.76 (As of Sep. 07, 2026) — 101% Above Median

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Director of Data and Quant Analytics at GuruFocus
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EGO Eldorado Gold Corp EGO
82 GF Score
Price $43.02
GF Value $29.23
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Eldorado Gold EV-to-OCF?

Eldorado Gold EGO -1.76% 82 EV-to-OCF is 16.76 as of Sep. 07, 2026, which is 101% above its 10-year median of 8.34. GuruFocus rates EGO with a GF Score™ of 82/100 and a GF Value™ of $29.23 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,671 Metals & Mining companies, Eldorado Gold ranks worse than 91.35% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Eldorado Gold's Enterprise Value is $12,474 Mil. Eldorado Gold's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $744 Mil. Therefore, Eldorado Gold's EV-to-OCF for today is 16.76.

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

EGO' s EV-to-OCF Range Over the Past 10 Years
Min: 3.35   Med: 8.34   Max: 439.68
Current: 16.7

During the past 13 years, the highest EV-to-OCF of Eldorado Gold was 439.68. The lowest was 3.35. And the median was 8.34.

EGO's EV-to-OCF is ranked worse than
91.35% of 2671 companies
in the Metals & Mining industry
Industry Median: -8.67 vs EGO: 16.70

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 (2026-09-07), Eldorado Gold's stock price is $43.02. Eldorado Gold's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $2.810. Therefore, Eldorado Gold's PE Ratio (TTM) for today is 15.31.


Eldorado Gold  (NYSE:EGO) 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.

Eldorado Gold's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=43.02/2.810
=15.31

Eldorado Gold's share price for today is $43.02.
Eldorado Gold's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.810.

* 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.


Eldorado Gold EV-to-OCF Related Terms


Eldorado Gold EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Eldorado Gold'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.

Eldorado Gold EV-to-OCF Chart

Eldorado Gold Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.95 8.21 7.08 4.59 10.11

Eldorado Gold Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 5.60 8.24 10.11 9.85 12.83

EGO vs NEM, AU: EV-to-OCF Comparison

For the Gold subindustry, Eldorado Gold'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.


Eldorado Gold EV-to-OCF vs Metals & Mining Industry

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

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


EGO
82GF Score
Eldorado Gold Corp EGO
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eldorado Gold EV-to-OCF Calculation

Eldorado Gold's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=12473.623/744.203
=16.76

Eldorado Gold's current Enterprise Value is $12,474 Mil.
Eldorado Gold's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $744 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 16.76 mean?
Eldorado Gold (EGO) has a EV-to-OCF of 16.76 as of Sep. 07, 2026. This is 101% above median its historical median of 8.34. Over the past decade, Eldorado Gold's EV-to-OCF has ranged from 3.35 to 439.68. According to the industry distribution chart, Eldorado Gold ranks #2440 out of 2671 companies in the Metals & Mining industry, placing it in the top 91.4%.
Is Eldorado Gold's EV-to-OCF too high?
Eldorado Gold's current EV-to-OCF of 16.76 is 101% above median its 10-year median of 8.34. Over the past 10 years, this metric has ranged from a low of 3.35 to a high of 439.68. Based on the distribution chart, Eldorado Gold ranks #2440 out of 2671 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Eldorado Gold has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Eldorado Gold's EV-to-OCF compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Eldorado Gold ranks #2440 out of 2671 companies for EV-to-OCF. This places Eldorado Gold in the lower half of its industry. Historically, Eldorado Gold's own EV-to-OCF has ranged from 3.35 to 439.68 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. Eldorado Gold's current EV-to-OCF is 16.76, which is 101% above median its own 10-year median of 8.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eldorado Gold stock overvalued right now?
Based on GuruFocus' analysis, Eldorado Gold (EGO) is currently considered Significantly Overvalued. The stock's GF Value™ is $29.23, compared to a current price of $43.02 — trading 47.2% above its estimated fair value. The current EV-to-OCF is 16.76, which is 101% above median its 10-year median of 8.34. Eldorado Gold's overall GF Score™ is 82/100 with 3 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 Eldorado Gold (EGO), the current EV-to-OCF is 16.76 as of Sep. 07, 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 Eldorado Gold (EGO) Overvalued in 2026?

Based on GuruFocus' analysis, Eldorado Gold stock appears to be overvalued. The current stock price of $43.02 is trading 47.2% above its estimated GF Value™ of $29.23. GuruFocus considers Eldorado Gold to be Significantly Overvalued.

Key valuation signals for EGO:

  • EV-to-OCF: 16.76 (101% above median its 10-year median of 8.34)
  • GF Value™: $29.23 vs. price of $43.02 (47.2% above fair value)
  • GF Score™: 82/100 with 3 warning signs

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


Eldorado Gold Business Description

Other Exchanges ELO1:GermanyELD:Canada
Address 550 Burrard Street, Suite 1188, Vancouver, BC, CAN, V6C 2B5
Eldorado Gold Corp is a gold and base metals producer with mining, development, and exploration operations in Turkey, Canada, and Greece. It has a portfolio of high-quality assets and long-term partnerships with local communities. Some of its projects include Kisladag, Efemcukuru, Skouries; Perama Hill, and Certej projects. It has three geographical segments: The Turkiye reporting segment includes the Kisladag and the Efemcukuru mines and exploration activities in Turkiye. The Canada reporting segment that derives maximum revenue, includes Lamaque and exploration activities in Canada. The Greece reporting segment includes the Olympias mine, the Skouries and Perama Hill projects and exploration activities in Greece.
82GF Score

Get the complete analysis for EGO

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

$43.02
Price
$29.23
GF Value