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Formation MetalsFOMTF -1.45%15 EV-to-OCF is -4.48 as of Aug. 29, 2026. GuruFocus rates FOMTF with a GF Score™ of 15/100. The stock has 2 warning signs investors should review. Among 2,668 Metals & Mining companies, Formation Metals ranks worse than 64.09% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Formation Metals's Enterprise Value is $19.77 Mil.
Formation Metals's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $-4.42 Mil. Therefore, Formation Metals's EV-to-OCF for today is -4.48.
The historical rank and industry rank for Formation Metals's EV-to-OCF or its related term are showing as below:
FOMTF'
s EV-to-OCF Range Over the Past 10 Years
Min: -4.59 Med: 0 Max: -3.24
Current: -4.48
During the past 5 years, the highest EV-to-OCF of Formation Metals was -3.24. The lowest was -4.59. And the median was .
FOMTF's EV-to-OCF is ranked worse than 64.09% of 2668
companies
in the Metals & Mining industry
Industry Median: -9
vs FOMTF: -4.48
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.
Formation Metals's PE Ratio (TTM) for today is calculated as:
Formation Metals's share price for today is $0.23819.
Formation Metals's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.082.
* 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.
Formation Metals EV-to-OCF Related Terms
Formation Metals EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Formation Metals'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.
For the Other Industrial Metals & Mining subindustry, Formation Metals'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.
Formation Metals EV-to-OCF vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Formation Metals's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Formation Metals's EV-to-OCF falls into.
Formation Metals's current Enterprise Value is $19.77 Mil.
Formation Metals's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.42 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.
Formation Metals (FOMTF) has a EV-to-OCF of -4.48 as of Aug. 29, 2026. According to the industry distribution chart, Formation Metals ranks #1710 out of 2668 companies in the Metals & Mining industry, placing it in the top 64.1%.
Is Formation Metals' EV-to-OCF too high?
Formation Metals' current EV-to-OCF is -4.48. Based on the distribution chart, Formation Metals ranks #1710 out of 2668 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Formation Metals has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Formation Metals' EV-to-OCF compare to ?
According to the Metals & Mining industry distribution chart, Formation Metals ranks #1710 out of 2668 companies for EV-to-OCF. This places Formation Metals in the lower 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. Formation Metals's current EV-to-OCF is -4.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formation Metals stock overvalued right now?
Formation Metals (FOMTF) has a current EV-to-OCF of -4.48. The current EV-to-OCF is -4.48. Formation Metals' overall GF Score™ is 15/100 with 2 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 Formation Metals (FOMTF), the current EV-to-OCF is -4.48 as of Aug. 29, 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.
Formation Metals Inc is engaged in the acquisition and exploration of mineral property assets. Its portfolio includes Nicobat, a Nickel-Copper-Cobalt property in Ontario, and the N2 Gold project in Quebec.
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