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Exxaro ResourcesHAM:LCQ 91 EV-to-OCF is 6.80 as of Sep. 06, 2026, which is 10% below its 10-year median of 7.53. GuruFocus rates HAM:LCQ with a GF Score™ of 91/100 and a GF Value™ of €10.51 (Fairly Valued). The stock has 5 warning signs investors should review. Among 189 Other Energy Sources companies, Exxaro Resources ranks worse than 64.55% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Exxaro Resources's Enterprise Value is €3,306 Mil.
Exxaro Resources's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was €487 Mil. Therefore, Exxaro Resources's EV-to-OCF for today is 6.80.
The historical rank and industry rank for Exxaro Resources's EV-to-OCF or its related term are showing as below:
HAM:LCQ'
s EV-to-OCF Range Over the Past 10 Years
Min: -1144.27 Med: 7.53 Max: 17.14
Current: 6.57
During the past 13 years, the highest EV-to-OCF of Exxaro Resources was 17.14. The lowest was -1144.27. And the median was 7.53.
HAM:LCQ's EV-to-OCF is ranked worse than 64.55% of 189
companies
in the Other Energy Sources industry
Industry Median: 1.67
vs HAM:LCQ: 6.57
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.
Exxaro Resources's PE Ratio (TTM) for today is calculated as:
Exxaro Resources's share price for today is €10.10.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Exxaro Resources's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was €1.480.
* 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.
Exxaro Resources EV-to-OCF Related Terms
Exxaro Resources EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Exxaro 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.
For the Thermal Coal subindustry, Exxaro 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.
Exxaro Resources EV-to-OCF vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Exxaro Resources's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Exxaro Resources's EV-to-OCF falls into.
Exxaro Resources's current Enterprise Value is €3,306 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Exxaro Resources's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was €487 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.
Exxaro Resources (HAM:LCQ) has a EV-to-OCF of 6.80 as of Sep. 06, 2026. This is 10% below median its historical median of 7.53. According to the industry distribution chart, Exxaro Resources ranks #122 out of 189 companies in the Other Energy Sources industry, placing it in the top 64.6%.
Is Exxaro Resources' EV-to-OCF too high?
Exxaro Resources' current EV-to-OCF of 6.80 is 10% below median its 10-year median of 7.53. The Other Energy Sources industry median EV-to-OCF is 1.67. Exxaro Resources' value of 6.80 is 307.2% above this industry median. Based on the distribution chart, Exxaro Resources ranks #122 out of 189 companies in the Other Energy Sources industry, which is below the industry midpoint. Overall, Exxaro Resources has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Exxaro Resources' EV-to-OCF compare to CNR?
According to the Other Energy Sources industry distribution chart, Exxaro Resources ranks #122 out of 189 companies for EV-to-OCF. This places Exxaro Resources in the lower half of its industry. The industry median EV-to-OCF is 1.67. Exxaro Resources' value of 6.80 is 307.2% above this benchmark. While the company's 10-year median is 7.53 vs. the industry median of 1.67, Exxaro Resources 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 an Other Energy Sources company?
The median EV-to-OCF among Other Energy Sources companies is 1.67, based on 189 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. Exxaro Resources's current EV-to-OCF of 6.80 is 307.2% 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 Other Energy Sources industry, the median EV-to-OCF is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Exxaro Resources's current EV-to-OCF is 6.80, which is 10% below median its own 10-year median of 7.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Exxaro Resources stock overvalued right now?
Based on GuruFocus' analysis, Exxaro Resources (HAM:LCQ) is currently considered Fairly Valued. The stock's GF Value™ is €10.51, compared to a current price of €10.10 — trading 3.9% below its estimated fair value. The current EV-to-OCF is 6.80, which is 10% below median its 10-year median of 7.53 and 307.2% above the Other Energy Sources industry median of 1.67. Exxaro Resources' overall GF Score™ is 91/100 with 5 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 Exxaro Resources (HAM:LCQ), the current EV-to-OCF is 6.80 as of Sep. 06, 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 Exxaro Resources (HAM:LCQ) Overvalued in 2026?
Based on GuruFocus' analysis, Exxaro Resources stock appears to be undervalued.
The current stock price of €10.10 is trading 3.9% below its estimated GF Value™ of €10.51.
GuruFocus considers Exxaro Resources to be Fairly Valued.
Key valuation signals for HAM:LCQ:
EV-to-OCF: 6.80 (10% below median its 10-year median of 7.53)
GF Value™: €10.51 vs. price of €10.10 (3.9% below fair value)
Industry Position: 307.2% above the Other Energy Sources median (#122 of 189)
No single metric tells the full story. See the HAM:LCQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Exxaro Resources Ltd is one of the South Africa-based diversified resources companies. The company's operating segments are: Coal, Energy, Metals, and Others. The majority of its revenue comes from the coal segment, whose operations are located in the Waterberg and Mpumalanga regions and are split between coal commercial operations and coal-tied operations and produce thermal and metallurgical coal, Commercial Waterberg is comprised mainly of the Grootegeluk operation, Commercial Mpumalanga comprising the Belfast and Leeuwpan operations, and Tied comprising of the Matla mine supplying its entire coal supply to Eskom; and Others comprises of the other coal affiliated operation. Geographically, the company derives majority of its revenue from the RSA region ( Republic of South Africa).
91GF Score
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