Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Mako MiningMAKO +1.38%72 EV-to-OCF is 11.37 as of Sep. 09, 2026, which is 75% above its 10-year median of 6.49. GuruFocus rates MAKO with a GF Score™ of 72/100 and a GF Value™ of $5.53 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,673 Metals & Mining companies, Mako Mining ranks worse than 87.39% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Mako Mining's Enterprise Value is $815.3 Mil.
Mako Mining's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $71.7 Mil. Therefore, Mako Mining's EV-to-OCF for today is 11.37.
The historical rank and industry rank for Mako Mining's EV-to-OCF or its related term are showing as below:
MAKO'
s EV-to-OCF Range Over the Past 10 Years
Min: -36.94 Med: 6.49 Max: 76.97
Current: 11.37
During the past 13 years, the highest EV-to-OCF of Mako Mining was 76.97. The lowest was -36.94. And the median was 6.49.
MAKO's EV-to-OCF is ranked worse than 87.39% of 2673
companies
in the Metals & Mining industry
Industry Median: -8.5
vs MAKO: 11.37
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.
Mako Mining's PE Ratio (TTM) for today is calculated as:
Mako Mining's share price for today is $10.26.
Mako Mining's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.590.
* 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.
Mako Mining EV-to-OCF Related Terms
Mako Mining EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Mako Mining'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 Gold subindustry, Mako Mining'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.
Mako Mining EV-to-OCF vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Mako Mining's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Mako Mining's EV-to-OCF falls into.
Mako Mining's current Enterprise Value is $815.3 Mil.
Mako Mining's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $71.7 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.
Mako Mining (MAKO) has a EV-to-OCF of 11.37 as of Sep. 09, 2026. This is 75% above median its historical median of 6.49. According to the industry distribution chart, Mako Mining ranks #2336 out of 2673 companies in the Metals & Mining industry, placing it in the top 87.4%.
Is Mako Mining's EV-to-OCF too high?
Mako Mining's current EV-to-OCF of 11.37 is 75% above median its 10-year median of 6.49. Based on the distribution chart, Mako Mining ranks #2336 out of 2673 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Mako Mining has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mako Mining's EV-to-OCF compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Mako Mining ranks #2336 out of 2673 companies for EV-to-OCF. This places Mako Mining in the lower half of its industry. 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. Mako Mining's current EV-to-OCF is 11.37, which is 75% above median its own 10-year median of 6.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mako Mining stock overvalued right now?
Based on GuruFocus' analysis, Mako Mining (MAKO) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.53, compared to a current price of $10.26 — trading 85.5% above its estimated fair value. The current EV-to-OCF is 11.37, which is 75% above median its 10-year median of 6.49. Mako Mining's overall GF Score™ is 72/100 with 3 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 Mako Mining (MAKO), the current EV-to-OCF is 11.37 as of Sep. 09, 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 Mako Mining (MAKO) Overvalued in 2026?
Based on GuruFocus' analysis, Mako Mining stock appears to be overvalued.
The current stock price of $10.26 is trading 85.5% above its estimated GF Value™ of $5.53.
GuruFocus considers Mako Mining to be Significantly Overvalued.
Key valuation signals for MAKO:
EV-to-OCF: 11.37 (75% above median its 10-year median of 6.49)
GF Value™: $5.53 vs. price of $10.26 (85.5% above fair value)
No single metric tells the full story. See the MAKO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mako Mining Corp is a gold mining, development, and exploration firm. The companies primary asset is the San Albino mine, an open-pit mine located in Nicaragua. In addition to its mining operation, the company continues to explore its other concessions in Nicaragua and Guyana.
72GF Score
Get the complete analysis for MAKO
EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MAKO has been successfully added to your 
