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Leading Edge MaterialsLEMIF +5.05%21 EV-to-OCF is -38.90 as of Aug. 06, 2026. GuruFocus rates LEMIF with a GF Score™ of 21/100. The stock has 1 warning sign investors should review. Among 2,673 Metals & Mining companies, Leading Edge Materials ranks better than 82.57% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Leading Edge Materials's Enterprise Value is $55.40 Mil.
Leading Edge Materials's Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2026 was $-1.42 Mil. Therefore, Leading Edge Materials's EV-to-OCF for today is -38.90.
The historical rank and industry rank for Leading Edge Materials's EV-to-OCF or its related term are showing as below:
LEMIF'
s EV-to-OCF Range Over the Past 10 Years
Min: -39.82 Med: 0 Max: -33.04
Current: -38.9
During the past 13 years, the highest EV-to-OCF of Leading Edge Materials was -33.04. The lowest was -39.82. And the median was .
LEMIF's EV-to-OCF is ranked better than 82.57% of 2673
companies
in the Metals & Mining industry
Industry Median: -8.35
vs LEMIF: -38.90
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.
Leading Edge Materials (OTCPK:LEMIF) 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.
Leading Edge Materials's PE Ratio (TTM) for today is calculated as:
Leading Edge Materials's share price for today is $0.2101.
Leading Edge Materials's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.007.
* 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.
* 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.
Leading Edge Materials EV-to-OCF Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Leading Edge Materials'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.
Leading Edge Materials EV-to-OCF vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Leading Edge Materials's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Leading Edge Materials's EV-to-OCF falls into.
Leading Edge Materials's current Enterprise Value is $55.40 Mil.
Leading Edge Materials's Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.42 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.
Leading Edge Materials (LEMIF) has a EV-to-OCF of -38.90 as of Aug. 06, 2026. According to the industry distribution chart, Leading Edge Materials ranks #466 out of 2673 companies in the Metals & Mining industry, placing it in the top 17.4%.
Is Leading Edge Materials' EV-to-OCF too high?
Leading Edge Materials' current EV-to-OCF is -38.90. Based on the distribution chart, Leading Edge Materials ranks #466 out of 2673 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Leading Edge Materials has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Leading Edge Materials' EV-to-OCF compare to competitors?
According to the Metals & Mining industry distribution chart, Leading Edge Materials ranks #466 out of 2673 companies for EV-to-OCF. This places Leading Edge Materials in the top 17% of its industry — outperforming the majority of peers. 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. Leading Edge Materials's current EV-to-OCF is -38.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leading Edge Materials stock overvalued right now?
Leading Edge Materials (LEMIF) has a current EV-to-OCF of -38.90. The current EV-to-OCF is -38.90. Leading Edge Materials' overall GF Score™ is 21/100 with 1 warning sign 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 Leading Edge Materials (LEMIF), the current EV-to-OCF is -38.90 as of Aug. 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.
Leading Edge Materials Corp is involved in the exploration and development of resource properties in Sweden with corporate operations in Canada. It is focused on developing a portfolio of critical raw material projects located in the European Union. The portfolio of projects includes the Woxna Graphite mine (Sweden), the Norra Karr Heavy Rare Earths Elements (HREE) project (Sweden) and the Bihor Sud Nickel Cobalt exploration alliance (Romania).
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