Fenix ResourcesASX:FEX +1.96%40 EV-to-FCF is 6.16 as of Jun. 29, 2026, which is 46% above its 10-year median of 4.21. GuruFocus rates ASX:FEX with a GF Score™ of 40/100 and a GF Value™ of A$0.58 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 358 Steel companies, Fenix Resources ranks better than 79.33% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Fenix Resources's Enterprise Value is A$209.6 Mil.
Fenix Resources's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$34.0 Mil. Therefore, Fenix Resources's EV-to-FCF for today is 6.16.
The historical rank and industry rank for Fenix Resources's EV-to-FCF or its related term are showing as below:
ASX:FEX'
s EV-to-FCF Range Over the Past 10 Years
Min: 0.3 Med: 4.21 Max: 56.28
Current: 6.16
During the past 13 years, the highest EV-to-FCF of Fenix Resources was 56.28. The lowest was 0.30. And the median was 4.21.
ASX:FEX's EV-to-FCF is ranked better than 79.33% of 358
companies
in the Steel industry
Industry Median: 15.85
vs ASX:FEX: 6.16
EV-to-FCF 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-FCF 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.
Fenix Resources's PE Ratio (TTM) for today is calculated as:
Fenix Resources's share price for today is A$0.26.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Fenix Resources's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.016.
* 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. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Fenix Resources EV-to-FCF Related Terms
Fenix Resources EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Fenix Resources's EV-to-FCF 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 Steel subindustry, Fenix Resources's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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.
Fenix Resources EV-to-FCF vs Steel Industry
For the Steel industry and Basic Materials sector, Fenix Resources's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Fenix Resources's EV-to-FCF falls into.
Fenix Resources's current Enterprise Value is A$209.6 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Fenix Resources's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$34.0 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.
Fenix Resources (ASX:FEX) has a EV-to-FCF of 6.16 as of Jun. 29, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Fenix Resources and its competitors. This is 46% above median its historical median of 4.21. Over the past decade, Fenix Resources' EV-to-FCF has ranged from 0.30 to 56.28. According to the industry distribution chart, Fenix Resources ranks #74 out of 358 companies in the Steel industry, placing it in the top 20.7%.
Is Fenix Resources' EV-to-FCF too high?
Fenix Resources' current EV-to-FCF of 6.16 is 46% above median its 10-year median of 4.21. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 56.28. The Steel industry median EV-to-FCF is 15.85. Fenix Resources' value of 6.16 is 61.1% below this industry median. Based on the distribution chart, Fenix Resources ranks #74 out of 358 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Fenix Resources has a GF Score™ of 40/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fenix Resources' EV-to-FCF compare to NUE and STLD?
According to the Steel industry distribution chart, Fenix Resources ranks #74 out of 358 companies for EV-to-FCF. This places Fenix Resources in the top 21% of its industry — outperforming the majority of peers. The industry median EV-to-FCF is 15.85. Fenix Resources' value of 6.16 is 61.1% below this benchmark. Historically, Fenix Resources' own EV-to-FCF has ranged from 0.30 to 56.28 over the past decade. While the company's 10-year median is 4.21 vs. the industry median of 15.85, Fenix Resources has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Steel company?
The median EV-to-FCF among Steel companies is 15.85, based on 358 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fenix Resources's current EV-to-FCF of 6.16 is 61.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Fenix Resources and its competitors. For the Steel industry, the median EV-to-FCF is 15.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fenix Resources's current EV-to-FCF is 6.16, which is 46% above median its own 10-year median of 4.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fenix Resources stock overvalued right now?
Based on GuruFocus' analysis, Fenix Resources (ASX:FEX) is currently considered Significantly Undervalued. The stock's GF Value™ is A$0.58, compared to a current price of A$0.26 — trading 55.2% below its estimated fair value. The current EV-to-FCF is 6.16, which is 46% above median its 10-year median of 4.21 and 61.1% below the Steel industry median of 15.85. Fenix Resources' overall GF Score™ is 40/100 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-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Fenix Resources (ASX:FEX), the current EV-to-FCF is 6.16 as of Jun. 29, 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 Fenix Resources (ASX:FEX) Overvalued in 2026?
Based on GuruFocus' analysis, Fenix Resources stock appears to be undervalued.
The current stock price of A$0.26 is trading 55.2% below its estimated GF Value™ of A$0.58.
GuruFocus considers Fenix Resources to be Significantly Undervalued.
Key valuation signals for ASX:FEX:
EV-to-FCF: 6.16 (46% above median its 10-year median of 4.21)
GF Value™: A$0.58 vs. price of A$0.26 (55.2% below fair value)
Industry Position: 61.1% below the Steel median (#74 of 358)
No single metric tells the full story. See the ASX:FEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fenix Resources Ltd is an Australian company engaged in exploring, developing, and mining mineral tenements. The Group has single reportable segment: the Mining. The company's assets include the Iron Ridge Iron Ore Mine, the Shine Iron Ore Mine, the Beebyn-W11 Iron Ore Project, the Newhaul Road Logistics haulage.
40GF Score
Get the complete analysis for ASX:FEX
EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:FEX has been successfully added to your 
