IGOIPGDF -5.51%58 EV-to-OCF is 63.92 as of Jul. 11, 2026, which is 498% above its 10-year median of 10.69. GuruFocus rates IPGDF with a GF Score™ of 58/100 and a GF Value™ of $2.80 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,665 Metals & Mining companies, IGO ranks worse than 97.26% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, IGO's Enterprise Value is $3,270.2 Mil.
IGO's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was $51.2 Mil. Therefore, IGO's EV-to-OCF for today is 63.92.
The historical rank and industry rank for IGO's EV-to-OCF or its related term are showing as below:
IPGDF'
s EV-to-OCF Range Over the Past 10 Years
Min: 2.45 Med: 10.69 Max: 161.83
Current: 61.89
During the past 13 years, the highest EV-to-OCF of IGO was 161.83. The lowest was 2.45. And the median was 10.69.
IPGDF's EV-to-OCF is ranked worse than 97.26% of 2665
companies
in the Metals & Mining industry
Industry Median: -9
vs IPGDF: 61.89
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 (2026-07-11), IGO's stock price is $5.70.
IGO's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was $-0.178. Therefore, IGO's PE Ratio (TTM) for today is At Loss.
IGO (OTCPK:IPGDF) 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.
IGO's share price for today is $5.70.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. IGO's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was $-0.178.
* 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.
IGO EV-to-OCF Related Terms
IGO EV-to-OCF Historical Data
* Premium members only.
The historical data trend for IGO'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, IGO'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.
IGO EV-to-OCF vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, IGO's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where IGO's EV-to-OCF falls into.
IGO's current Enterprise Value is $3,270.2 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. IGO's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was $51.2 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.
IGO (IPGDF) has a EV-to-OCF of 63.92 as of Jul. 11, 2026. This is 498% above median its historical median of 10.69. Over the past decade, IGO's EV-to-OCF has ranged from 2.45 to 161.83. According to the industry distribution chart, IGO ranks #2592 out of 2665 companies in the Metals & Mining industry, placing it in the top 97.3%.
Is IGO's EV-to-OCF too high?
IGO's current EV-to-OCF of 63.92 is 498% above median its 10-year median of 10.69. Over the past 10 years, this metric has ranged from a low of 2.45 to a high of 161.83. Based on the distribution chart, IGO ranks #2592 out of 2665 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, IGO has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IGO's EV-to-OCF compare to competitors?
According to the Metals & Mining industry distribution chart, IGO ranks #2592 out of 2665 companies for EV-to-OCF. This places IGO in the lower half of its industry. Historically, IGO's own EV-to-OCF has ranged from 2.45 to 161.83 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. IGO's current EV-to-OCF is 63.92, which is 498% above median its own 10-year median of 10.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IGO stock overvalued right now?
Based on GuruFocus' analysis, IGO (IPGDF) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.80, compared to a current price of $5.70 — trading 103.6% above its estimated fair value. The current EV-to-OCF is 63.92, which is 498% above median its 10-year median of 10.69. IGO's overall GF Score™ is 58/100 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 IGO (IPGDF), the current EV-to-OCF is 63.92 as of Jul. 11, 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 IGO (IPGDF) Overvalued in 2026?
Based on GuruFocus' analysis, IGO stock appears to be overvalued.
The current stock price of $5.70 is trading 103.6% above its estimated GF Value™ of $2.80.
GuruFocus considers IGO to be Significantly Overvalued.
Key valuation signals for IPGDF:
EV-to-OCF: 63.92 (498% above median its 10-year median of 10.69)
GF Value™: $2.80 vs. price of $5.70 (103.6% above fair value)
No single metric tells the full story. See the IPGDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IGO is a mining and exploration company based in Western Australia. Its primary asset is a minority stake in the Greenbushes lithium mine through a joint venture with Tianqi Lithium and Albemarle. Greenbushes is the world's lowest-cost hard rock lithium resource. IGO also has an interest in downstream processing through a 49% stake in the Kwinana lithium hydroxide refinery. Outside of lithium, IGO owns and operates the Nova nickel-copper-cobalt mine, which has a short remaining life.
58GF Score
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