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EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Ferrexpo's Enterprise Value is €153.4 Mil.
Ferrexpo's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2025 was €14.0 Mil. Therefore, Ferrexpo's EV-to-OCF for today is 10.94.
The historical rank and industry rank for Ferrexpo's EV-to-OCF or its related term are showing as below:
FRA:FEX'
s EV-to-OCF Range Over the Past 10 Years
Min: 0.63 Med: 3.84 Max: 16.71
Current: 11.78
During the past 13 years, the highest EV-to-OCF of Ferrexpo was 16.71. The lowest was 0.63. And the median was 3.84.
FRA:FEX's EV-to-OCF is not ranked
in the Steel industry.
Industry Median: 7.69
vs FRA:FEX: 11.78
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.
Ferrexpo's share price for today is €0.32.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ferrexpo's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2025 was €-0.460.
* 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.
Ferrexpo EV-to-OCF Related Terms
Ferrexpo EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Ferrexpo'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 Steel subindustry, Ferrexpo'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.
Ferrexpo EV-to-OCF vs Steel Industry
For the Steel industry and Basic Materials sector, Ferrexpo's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Ferrexpo's EV-to-OCF falls into.
Ferrexpo's current Enterprise Value is €153.4 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ferrexpo's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2025 was €14.0 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.
Ferrexpo (FRA:FEX) has a EV-to-OCF of 10.94 as of Aug. 09, 2026. This is 185% above median its historical median of 3.84. Over the past decade, Ferrexpo's EV-to-OCF has ranged from 0.63 to 16.71.
Is Ferrexpo's EV-to-OCF too high?
Ferrexpo's current EV-to-OCF of 10.94 is 185% above median its 10-year median of 3.84. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 16.71. The Steel industry median EV-to-OCF is 7.69. Ferrexpo's value of 10.94 is 42.3% above this industry median. Overall, Ferrexpo has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Ferrexpo's EV-to-OCF compare to NUE and STLD?
Ferrexpo's EV-to-OCF of 10.94 can be compared against companies in the Steel industry. The industry median EV-to-OCF is 7.69. Ferrexpo's value of 10.94 is 42.3% above this benchmark. Historically, Ferrexpo's own EV-to-OCF has ranged from 0.63 to 16.71 over the past decade. While the company's 10-year median is 3.84 vs. the industry median of 7.69, Ferrexpo has consistently been above the industry average. 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 Steel company?
The median EV-to-OCF among Steel companies is 7.69, based on 635 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. Ferrexpo's current EV-to-OCF of 10.94 is 42.3% above the industry median. 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 Steel industry, the median EV-to-OCF is 7.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ferrexpo's current EV-to-OCF is 10.94, which is 185% above median its own 10-year median of 3.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ferrexpo stock overvalued right now?
Ferrexpo (FRA:FEX) has a current EV-to-OCF of 10.94. The stock's GF Value™ is €0.63, compared to a current price of €0.32 — trading 49.2% below its estimated fair value. The current EV-to-OCF is 10.94, which is 185% above median its 10-year median of 3.84 and 42.3% above the Steel industry median of 7.69. Ferrexpo's overall GF Score™ is 48/100 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 Ferrexpo (FRA:FEX), the current EV-to-OCF is 10.94 as of Aug. 09, 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 Ferrexpo (FRA:FEX) Overvalued in 2026?
Based on GuruFocus' analysis, Ferrexpo stock appears to be undervalued.
The current stock price of €0.32 is trading 49.2% below its estimated GF Value™ of €0.63.
Key valuation signals for FRA:FEX:
EV-to-OCF: 10.94 (185% above median its 10-year median of 3.84)
GF Value™: €0.63 vs. price of €0.32 (49.2% below fair value)
No single metric tells the full story. See the FRA:FEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ferrexpo PLC is engaged in the mining, processing, and selling of iron ore pellets to the steel industry. It produces blast furnace pellets with iron grade. The company exports all its production to countries in Europe and Asia including Austria, Japan, Germany, South Korea, Slovakia, Turkey, and China, as well as other European and Asian countries. It generates the maximum revenue from the Central Europe region.
48GF Score
Get the complete analysis for FRA:FEX
EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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