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TharisaLSE:THS +1.29%72 EV-to-OCF is 3.00 as of Aug. 20, 2026, which is 19% below its 10-year median of 3.72. GuruFocus rates LSE:THS with a GF Score™ of 72/100 and a GF Value™ of £0.84 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,667 Metals & Mining companies, Tharisa ranks worse than 79.23% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Tharisa's Enterprise Value is £345.5 Mil.
Tharisa's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was £115.2 Mil. Therefore, Tharisa's EV-to-OCF for today is 3.00.
The historical rank and industry rank for Tharisa's EV-to-OCF or its related term are showing as below:
LSE:THS'
s EV-to-OCF Range Over the Past 10 Years
Min: 0.8 Med: 3.72 Max: 22.26
Current: 2.87
During the past 13 years, the highest EV-to-OCF of Tharisa was 22.26. The lowest was 0.80. And the median was 3.72.
LSE:THS's EV-to-OCF is ranked worse than 79.23% of 2667
companies
in the Metals & Mining industry
Industry Median: -8.78
vs LSE:THS: 2.87
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.
Tharisa's share price for today is £1.175.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Tharisa's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was £0.293.
* 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.
Tharisa EV-to-OCF Related Terms
Tharisa EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Tharisa'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 Precious Metals & Mining subindustry, Tharisa'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.
Tharisa EV-to-OCF vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Tharisa's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Tharisa's EV-to-OCF falls into.
Tharisa's current Enterprise Value is £345.5 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Tharisa's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was £115.2 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.
Tharisa (LSE:THS) has a EV-to-OCF of 3.00 as of Aug. 20, 2026. This is 19% below median its historical median of 3.72. Over the past decade, Tharisa's EV-to-OCF has ranged from 0.80 to 22.26. According to the industry distribution chart, Tharisa ranks #2113 out of 2667 companies in the Metals & Mining industry, placing it in the top 79.2%.
Is Tharisa's EV-to-OCF too high?
Tharisa's current EV-to-OCF of 3.00 is 19% below median its 10-year median of 3.72. Over the past 10 years, this metric has ranged from a low of 0.80 to a high of 22.26. Based on the distribution chart, Tharisa ranks #2113 out of 2667 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Tharisa has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tharisa's EV-to-OCF compare to HL and SIND?
According to the Metals & Mining industry distribution chart, Tharisa ranks #2113 out of 2667 companies for EV-to-OCF. This places Tharisa in the lower half of its industry. Historically, Tharisa's own EV-to-OCF has ranged from 0.80 to 22.26 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. Tharisa's current EV-to-OCF is 3.00, which is 19% below median its own 10-year median of 3.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tharisa stock overvalued right now?
Based on GuruFocus' analysis, Tharisa (LSE:THS) is currently considered Significantly Overvalued. The stock's GF Value™ is £0.84, compared to a current price of £1.18 — trading 39.9% above its estimated fair value. The current EV-to-OCF is 3.00, which is 19% below median its 10-year median of 3.72. Tharisa's overall GF Score™ is 72/100 with 7 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 Tharisa (LSE:THS), the current EV-to-OCF is 3.00 as of Aug. 20, 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 Tharisa (LSE:THS) Overvalued in 2026?
Based on GuruFocus' analysis, Tharisa stock appears to be overvalued.
The current stock price of £1.18 is trading 39.9% above its estimated GF Value™ of £0.84.
GuruFocus considers Tharisa to be Significantly Overvalued.
Key valuation signals for LSE:THS:
EV-to-OCF: 3.00 (19% below median its 10-year median of 3.72)
GF Value™: £0.84 vs. price of £1.18 (39.9% above fair value)
No single metric tells the full story. See the LSE:THS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tharisa PLC is an investment holding company. The company, along with its subsidiaries, is engaged in the exploitation of metals and minerals, principally PGMs and chrome and associated sales and logistics operations. It incorporates mining, processing, exploration, and the beneficiation, marketing, sales, and logistics of PGMs and chrome concentrates, using innovation and technology as enablers. The company operates through the following four segments: PGM segment, Chrome segment, Agency and trading segment, and Manufacturing segment. The majority of the revenue is derived from the Chrome segment. Geographically, it generates the maximum revenue from South Africa.
72GF 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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