MUX (McEwen) EV-to-OCF: 52.05 (As of Jul. 25, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

MUX McEwen Inc MUX
68 GF Score
Price $17.17
GF Value $11.01
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is McEwen EV-to-OCF?

McEwen MUX -2.39% 68 EV-to-OCF is 52.05 as of Jul. 25, 2026. GuruFocus rates MUX with a GF Score™ of 68/100 and a GF Value™ of $11.01 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,667 Metals & Mining companies, McEwen ranks worse than 96.89% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, McEwen's Enterprise Value is $1,087.8 Mil. McEwen's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $20.9 Mil. Therefore, McEwen's EV-to-OCF for today is 52.05.

The historical rank and industry rank for McEwen's EV-to-OCF or its related term are showing as below:

MUX' s EV-to-OCF Range Over the Past 10 Years
Min: -80.48   Med: -9.63   Max: 1470.24
Current: 52.05

During the past 13 years, the highest EV-to-OCF of McEwen was 1470.24. The lowest was -80.48. And the median was -9.63.

MUX's EV-to-OCF is ranked worse than
96.89% of 2667 companies
in the Metals & Mining industry
Industry Median: -8.56 vs MUX: 52.05

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 (2026-07-25), McEwen's stock price is $17.17. McEwen's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $1.230. Therefore, McEwen's PE Ratio (TTM) for today is 13.96.


McEwen  (NYSE:MUX) 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.

McEwen's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=17.17/1.230
=13.96

McEwen's share price for today is $17.17.
McEwen's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.230.

* 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.


McEwen EV-to-OCF Related Terms


McEwen EV-to-OCF Historical Data

* Premium members only.

The historical data trend for McEwen'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.

McEwen EV-to-OCF Chart

McEwen Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -20.89 -5.95 -9.41 14.94 158.20

McEwen Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-OCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.31 28.28 387.27 158.20 60.80

MUX vs SIND, LODE, GORO: EV-to-OCF Comparison

For the Other Precious Metals & Mining subindustry, McEwen'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.


McEwen EV-to-OCF vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, McEwen's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where McEwen's EV-to-OCF falls into.


MUX
68GF Score
McEwen Inc MUX
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

McEwen EV-to-OCF Calculation

McEwen's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=1087.822/20.9
=52.05

McEwen's current Enterprise Value is $1,087.8 Mil.
McEwen's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $20.9 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.

Frequently Asked Questions Learn more about EV-to-OCF →
What does a EV-to-OCF of 52.05 mean?
McEwen (MUX) has a EV-to-OCF of 52.05 as of Jul. 25, 2026. According to the industry distribution chart, McEwen ranks #2584 out of 2667 companies in the Metals & Mining industry, placing it in the top 96.9%.
Is McEwen's EV-to-OCF too high?
McEwen's current EV-to-OCF is 52.05. Based on the distribution chart, McEwen ranks #2584 out of 2667 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, McEwen has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does McEwen's EV-to-OCF compare to SIND and LODE?
According to the Metals & Mining industry distribution chart, McEwen ranks #2584 out of 2667 companies for EV-to-OCF. This places McEwen 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. McEwen's current EV-to-OCF is 52.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is McEwen stock overvalued right now?
Based on GuruFocus' analysis, McEwen (MUX) is currently considered Significantly Overvalued. The stock's GF Value™ is $11.01, compared to a current price of $17.17 — trading 55.9% above its estimated fair value. The current EV-to-OCF is 52.05. McEwen's overall GF Score™ is 68/100 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 McEwen (MUX), the current EV-to-OCF is 52.05 as of Jul. 25, 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 McEwen (MUX) Overvalued in 2026?

Based on GuruFocus' analysis, McEwen stock appears to be overvalued. The current stock price of $17.17 is trading 55.9% above its estimated GF Value™ of $11.01. GuruFocus considers McEwen to be Significantly Overvalued.

Key valuation signals for MUX:

  • EV-to-OCF: 52.05
  • GF Value™: $11.01 vs. price of $17.17 (55.9% above fair value)
  • GF Score™: 68/100 with 3 warning signs

No single metric tells the full story. See the MUX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


McEwen Business Description

Address 150 King Street West, Suite 2800, PO Box 24, Toronto, ON, CAN, M5H 1J9
McEwen Inc is a mining and minerals production and exploration company that focuses on precious and base minerals in Argentina, Mexico, and the United States. The company generates its revenue from gold and silver production. It owns and operates the wholly-owned El Gallo 1 mine in Mexico and holds a minority stake in the company that manages the San Jose mine in Argentina. Its Other operations include: Fox Complex, Gold Bar Complex, Project Fenix, and Los Azules. The company generates its revenue from gold and silver production. Its operating segments include Canada, United States, Mexico, MSC and McEwen Copper, of which it derives maximum revenue from USA.
68GF Score

Get the complete analysis for MUX

EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$17.17
Price
$11.01
GF Value