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EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Africa Resources AB's Enterprise Value is kr13.84 Mil.
Africa Resources AB's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was kr-0.12 Mil. Therefore, Africa Resources AB's EV-to-OCF for today is -119.33.
The historical rank and industry rank for Africa Resources AB's EV-to-OCF or its related term are showing as below:
NGM:AFRI'
s EV-to-OCF Range Over the Past 10 Years
Min: -271.4 Med: -14.55 Max: 22395.35
Current: -118.53
During the past 9 years, the highest EV-to-OCF of Africa Resources AB was 22395.35. The lowest was -271.40. And the median was -14.55.
NGM:AFRI's EV-to-OCF is ranked better than 94.07% of 2666
companies
in the Metals & Mining industry
Industry Median: -8.58
vs NGM:AFRI: -118.53
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.
Africa Resources AB (NGM:AFRI) 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.
Africa Resources AB's PE Ratio (TTM) for today is calculated as:
Africa Resources AB's share price for today is kr0.181.
Africa Resources AB'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 kr-0.114.
* 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.
Africa Resources AB EV-to-OCF Related Terms
Africa Resources AB EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Africa Resources AB'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, Africa Resources AB'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.
Africa Resources AB EV-to-OCF vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Africa Resources AB's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Africa Resources AB's EV-to-OCF falls into.
Africa Resources AB's current Enterprise Value is kr13.84 Mil.
Africa Resources AB'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 kr-0.12 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.
Africa Resources AB (NGM:AFRI) has a EV-to-OCF of -119.33 as of Aug. 11, 2026. According to the industry distribution chart, Africa Resources AB ranks #158 out of 2666 companies in the Metals & Mining industry, placing it in the top 5.9%.
Is Africa Resources AB's EV-to-OCF too high?
Africa Resources AB's current EV-to-OCF is -119.33. Based on the distribution chart, Africa Resources AB ranks #158 out of 2666 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Africa Resources AB has a GF Score™ of 34/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Africa Resources AB's EV-to-OCF compare to HL and SIND?
According to the Metals & Mining industry distribution chart, Africa Resources AB ranks #158 out of 2666 companies for EV-to-OCF. This places Africa Resources AB in the top 6% 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. Africa Resources AB's current EV-to-OCF is -119.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Africa Resources AB stock overvalued right now?
Based on GuruFocus' analysis, Africa Resources AB (NGM:AFRI) is currently considered Possible Value Trap. The stock's GF Value™ is kr0.57, compared to a current price of kr0.18 — trading 68.2% below its estimated fair value. The current EV-to-OCF is -119.33. Africa Resources AB's overall GF Score™ is 34/100 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 Africa Resources AB (NGM:AFRI), the current EV-to-OCF is -119.33 as of Aug. 11, 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 Africa Resources AB (NGM:AFRI) Overvalued in 2026?
Based on GuruFocus' analysis, Africa Resources AB stock appears to be undervalued.
The current stock price of kr0.18 is trading 68.2% below its estimated GF Value™ of kr0.57.
GuruFocus considers Africa Resources AB to be Possible Value Trap.
Key valuation signals for NGM:AFRI:
EV-to-OCF: -119.33
GF Value™: kr0.57 vs. price of kr0.18 (68.2% below fair value)
No single metric tells the full story. See the NGM:AFRI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Africa Resources AB is engaged in exploration and extraction of minerals in Africa. The company is developing projects based on collaborations with local expertise and partners.
34GF Score
Get the complete analysis for NGM:AFRI
EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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