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IRCIRCWF 37 EV-to-OCF is 3.51 as of Aug. 12, 2026, which is 50% below its 10-year median of 6.99. GuruFocus rates IRCWF with a GF Score™ of 37/100 and a GF Value™ of $0.13. The stock has 4 warning signs investors should review. Among 635 Steel companies, IRC ranks better than 63.78% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, IRC's Enterprise Value is $104.7 Mil.
IRC's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was $29.8 Mil. Therefore, IRC's EV-to-OCF for today is 3.51.
The historical rank and industry rank for IRC's EV-to-OCF or its related term are showing as below:
IRCWF'
s EV-to-OCF Range Over the Past 10 Years
Min: -31.8 Med: 6.99 Max: 793.56
Current: 3.75
During the past 13 years, the highest EV-to-OCF of IRC was 793.56. The lowest was -31.80. And the median was 6.99.
IRCWF's EV-to-OCF is ranked better than 63.78% of 635
companies
in the Steel industry
Industry Median: 7.77
vs IRCWF: 3.75
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 (2026-08-12), IRC's stock price is $0.10748.
IRC's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was $-0.103. Therefore, IRC's PE Ratio (TTM) for today is At Loss.
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.
IRC's share price for today is $0.10748.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. IRC's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was $-0.103.
* 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.
IRC EV-to-OCF Related Terms
IRC EV-to-OCF Historical Data
* Premium members only.
The historical data trend for IRC'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, IRC'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.
IRC EV-to-OCF vs Steel Industry
For the Steel industry and Basic Materials sector, IRC's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where IRC's EV-to-OCF falls into.
IRC's current Enterprise Value is $104.7 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. IRC's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was $29.8 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.
IRC (IRCWF) has a EV-to-OCF of 3.51 as of Aug. 12, 2026. This is 50% below median its historical median of 6.99. According to the industry distribution chart, IRC ranks #230 out of 635 companies in the Steel industry, placing it in the top 36.2%.
Is IRC's EV-to-OCF too high?
IRC's current EV-to-OCF of 3.51 is 50% below median its 10-year median of 6.99. The Steel industry median EV-to-OCF is 7.77. IRC's value of 3.51 is 54.8% below this industry median. Based on the distribution chart, IRC ranks #230 out of 635 companies in the Steel industry, which is above the industry midpoint. Overall, IRC has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does IRC's EV-to-OCF compare to NUE and STLD?
According to the Steel industry distribution chart, IRC ranks #230 out of 635 companies for EV-to-OCF. This puts IRC in the upper half of its industry. The industry median EV-to-OCF is 7.77. IRC's value of 3.51 is 54.8% below this benchmark. While the company's 10-year median is 6.99 vs. the industry median of 7.77, IRC has consistently been below 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 7.77, 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. IRC's current EV-to-OCF of 3.51 is 54.8% below 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 7.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IRC's current EV-to-OCF is 3.51, which is 50% below median its own 10-year median of 6.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IRC stock overvalued right now?
IRC (IRCWF) has a current EV-to-OCF of 3.51. The stock's GF Value™ is $0.13, compared to a current price of $0.11 — trading 17.3% below its estimated fair value. The current EV-to-OCF is 3.51, which is 50% below median its 10-year median of 6.99 and 54.8% below the Steel industry median of 7.77. IRC's overall GF Score™ is 37/100 with 4 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 IRC (IRCWF), the current EV-to-OCF is 3.51 as of Aug. 12, 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 IRC (IRCWF) Overvalued in 2026?
Based on GuruFocus' analysis, IRC stock appears to be undervalued.
The current stock price of $0.11 is trading 17.3% below its estimated GF Value™ of $0.13.
Key valuation signals for IRCWF:
EV-to-OCF: 3.51 (50% below median its 10-year median of 6.99)
GF Value™: $0.13 vs. price of $0.11 (17.3% below fair value)
Industry Position: 54.8% below the Steel median (#230 of 635)
No single metric tells the full story. See the IRCWF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IRC Ltd is engaged in the production and development of industrial commodity products, including iron ore concentrate. The main activities of the Group are carried out in Russia and the Group predominantly serves the Russian and Chinese markets. The company's segment includes: Mines in production, Mines in development, Engineering, and Other. The company generates the majority of its revenue from Mines in the production segment, which comprises an iron ore project in the production phase. This segment includes the K&S Project, which is located in the Russian Far East Region and started commercial production in January 2017. Geographically, the firm derives the majority of its revenue from the PRC.
37GF Score
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EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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