Adex Mining (TSXV:ADE) EV-to-OCF: -122.09 (As of Jul. 14, 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.

TSXV:ADE Adex Mining Inc TSXV:ADE
19 GF Score
Price C$0.05
! 5 Warning Signs
View Full Analysis

What is Adex Mining EV-to-OCF?

Adex Mining TSXV:ADE -66.67% 19 EV-to-OCF is -122.09 as of Jul. 14, 2026. GuruFocus rates TSXV:ADE with a GF Score™ of 19/100. The stock has 5 warning signs investors should review. Among 2,669 Metals & Mining companies, Adex Mining ranks better than 94.23% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Adex Mining's Enterprise Value is C$98.28 Mil. Adex Mining's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was C$-0.81 Mil. Therefore, Adex Mining's EV-to-OCF for today is -122.09.

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

TSXV:ADE' s EV-to-OCF Range Over the Past 10 Years
Min: -122.09   Med: 0   Max: -122.09
Current: -122.09

During the past 13 years, the highest EV-to-OCF of Adex Mining was -122.09. The lowest was -122.09. And the median was .

TSXV:ADE's EV-to-OCF is ranked better than
94.23% of 2669 companies
in the Metals & Mining industry
Industry Median: -9 vs TSXV:ADE: -122.09

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 (2026-07-14), Adex Mining's stock price is C$0.045. Adex Mining's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was C$0.002. Therefore, Adex Mining's PE Ratio (TTM) for today is 22.50.


Adex Mining  (TSXV:ADE) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.045/0.002
=22.50

Adex Mining's share price for today is C$0.045.
Adex Mining's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.002.

* 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.


Adex Mining EV-to-OCF Related Terms


Adex Mining EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Adex 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.

Adex Mining EV-to-OCF Chart

Adex Mining 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 -21.56 -22.36 -12.90 -20.75 -46.38

Adex Mining Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 -20.75 -25.62 -21.35 -28.37 -46.38

Adex Mining EV-to-OCF Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Adex 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.


Adex Mining EV-to-OCF vs Metals & Mining Industry

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

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


TSXV:ADE
19GF Score
Adex Mining Inc TSXV:ADE
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Adex Mining EV-to-OCF Calculation

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

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=98.281/-0.805
=-122.09

Adex Mining's current Enterprise Value is C$98.28 Mil.
Adex Mining's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.81 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 -122.09 mean?
Adex Mining (TSXV:ADE) has a EV-to-OCF of -122.09 as of Jul. 14, 2026. According to the industry distribution chart, Adex Mining ranks #154 out of 2669 companies in the Metals & Mining industry, placing it in the top 5.8%.
Is Adex Mining's EV-to-OCF too high?
Adex Mining's current EV-to-OCF is -122.09. Based on the distribution chart, Adex Mining ranks #154 out of 2669 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Adex Mining has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Adex Mining's EV-to-OCF compare to competitors?
According to the Metals & Mining industry distribution chart, Adex Mining ranks #154 out of 2669 companies for EV-to-OCF. This places Adex Mining 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. Adex Mining's current EV-to-OCF is -122.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adex Mining stock overvalued right now?
Adex Mining (TSXV:ADE) has a current EV-to-OCF of -122.09. The current EV-to-OCF is -122.09. Adex Mining's overall GF Score™ is 19/100 with 5 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 Adex Mining (TSXV:ADE), the current EV-to-OCF is -122.09 as of Jul. 14, 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.

Adex Mining Business Description

Other Exchanges ADXDF:USA3A4:Germany
Address 36 Toronto Street, Suite 850, Toronto, ON, CAN, M5C 2C5
Adex Mining Inc is a mineral exploration and development company in Canada that develops a potential polymetallic focusing on tin, indium, zinc, molybdenum, and tungsten. It is focused on exploring and developing its Mount Pleasant Property mine area in New Brunswick, Canada.
19GF Score

Get the complete analysis for TSXV:ADE

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

C$0.05
Price