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Thor ExplorationsTHXPF +2.98%35 EV-to-OCF is 2.16 as of Aug. 28, 2026, which is 17% below its 10-year median of 2.59. GuruFocus rates THXPF with a GF Score™ of 35/100 and a GF Value™ of $0.54 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,668 Metals & Mining companies, Thor Explorations ranks worse than 79.24% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Thor Explorations's Enterprise Value is $461.7 Mil.
Thor Explorations's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $213.9 Mil. Therefore, Thor Explorations's EV-to-OCF for today is 2.16.
The historical rank and industry rank for Thor Explorations's EV-to-OCF or its related term are showing as below:
THXPF'
s EV-to-OCF Range Over the Past 10 Years
Min: -36.88 Med: 2.59 Max: 9.32
Current: 2.16
During the past 13 years, the highest EV-to-OCF of Thor Explorations was 9.32. The lowest was -36.88. And the median was 2.59.
THXPF's EV-to-OCF is ranked worse than 79.24% of 2668
companies
in the Metals & Mining industry
Industry Median: -9
vs THXPF: 2.16
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.
Thor Explorations's PE Ratio (TTM) for today is calculated as:
Thor Explorations's share price for today is $0.991.
Thor Explorations'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 $0.314.
* 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.
Thor Explorations EV-to-OCF Related Terms
Thor Explorations EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Thor Explorations'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, Thor Explorations'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.
Thor Explorations EV-to-OCF vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Thor Explorations's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Thor Explorations's EV-to-OCF falls into.
Thor Explorations's current Enterprise Value is $461.7 Mil.
Thor Explorations'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 $213.9 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.
Thor Explorations (THXPF) has a EV-to-OCF of 2.16 as of Aug. 28, 2026. This is 17% below median its historical median of 2.59. According to the industry distribution chart, Thor Explorations ranks #2114 out of 2668 companies in the Metals & Mining industry, placing it in the top 79.2%.
Is Thor Explorations' EV-to-OCF too high?
Thor Explorations' current EV-to-OCF of 2.16 is 17% below median its 10-year median of 2.59. Based on the distribution chart, Thor Explorations ranks #2114 out of 2668 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Thor Explorations has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thor Explorations' EV-to-OCF compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Thor Explorations ranks #2114 out of 2668 companies for EV-to-OCF. This places Thor Explorations 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. Thor Explorations's current EV-to-OCF is 2.16, which is 17% below median its own 10-year median of 2.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thor Explorations stock overvalued right now?
Based on GuruFocus' analysis, Thor Explorations (THXPF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.54, compared to a current price of $0.99 — trading 83.5% above its estimated fair value. The current EV-to-OCF is 2.16, which is 17% below median its 10-year median of 2.59. Thor Explorations' overall GF Score™ is 35/100 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 Thor Explorations (THXPF), the current EV-to-OCF is 2.16 as of Aug. 28, 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 Thor Explorations (THXPF) Overvalued in 2026?
Based on GuruFocus' analysis, Thor Explorations stock appears to be overvalued.
The current stock price of $0.99 is trading 83.5% above its estimated GF Value™ of $0.54.
GuruFocus considers Thor Explorations to be Significantly Overvalued.
Key valuation signals for THXPF:
EV-to-OCF: 2.16 (17% below median its 10-year median of 2.59)
GF Value™: $0.54 vs. price of $0.99 (83.5% above fair value)
No single metric tells the full story. See the THXPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thor Explorations Ltd is a Canadian mineral exploration company engaged in the acquisition, exploration, development, and production of mineral properties located in Nigeria, Senegal, and Cote d'Ivoire. Its project portfolio includes the Segilola Gold Project located in Osun State, Nigeria; the Douta Gold Project located in south-eastern Senegal; and the Guitry Gold Project Cote d'Ivoire. Additionally, the company has entered into two further option agreements to earn the majority interest in the Marahui and Boundiali Exploration licences. Thor Explorations derives revenue mainly from the sale of gold and silver, of which substantial revenue is generated from gold. The company's operations comprise three reportable segments: the Segilola Mine Project, Exploration Projects, and Corporate.
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