Focus MineralsASX:FML -4.90%59 EV-to-FCF is 6.72 as of Jun. 25, 2026, which is 88% above its 10-year median of 3.57. GuruFocus rates ASX:FML with a GF Score™ of 59/100 and a GF Value™ of A$1.80 (Fairly Valued). The stock has 1 warning sign investors should review. Among 446 Metals & Mining companies, Focus Minerals ranks better than 81.84% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Focus Minerals's Enterprise Value is A$342.0 Mil.
Focus Minerals's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$50.9 Mil. Therefore, Focus Minerals's EV-to-FCF for today is 6.72.
The historical rank and industry rank for Focus Minerals's EV-to-FCF or its related term are showing as below:
ASX:FML'
s EV-to-FCF Range Over the Past 10 Years
Min: -34.72 Med: 3.57 Max: 19.54
Current: 7.14
During the past 13 years, the highest EV-to-FCF of Focus Minerals was 19.54. The lowest was -34.72. And the median was 3.57.
ASX:FML's EV-to-FCF is ranked better than 81.84% of 446
companies
in the Metals & Mining industry
Industry Median: 19.435
vs ASX:FML: 7.14
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.
Focus Minerals's PE Ratio (TTM) for today is calculated as:
Focus Minerals's share price for today is A$1.65.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Focus Minerals's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.951.
* 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.
Focus Minerals EV-to-FCF Related Terms
Focus Minerals EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Focus Minerals'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 Gold subindustry, Focus Minerals'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.
Focus Minerals EV-to-FCF vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Focus Minerals's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Focus Minerals's EV-to-FCF falls into.
Focus Minerals's current Enterprise Value is A$342.0 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Focus Minerals's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$50.9 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.
Focus Minerals (ASX:FML) has a EV-to-FCF of 6.72 as of Jun. 25, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Focus Minerals and its competitors. This is 88% above median its historical median of 3.57. According to the industry distribution chart, Focus Minerals ranks #81 out of 446 companies in the Metals & Mining industry, placing it in the top 18.2%.
Is Focus Minerals' EV-to-FCF too high?
Focus Minerals' current EV-to-FCF of 6.72 is 88% above median its 10-year median of 3.57. The Metals & Mining industry median EV-to-FCF is 19.44. Focus Minerals' value of 6.72 is 65.4% below this industry median. Based on the distribution chart, Focus Minerals ranks #81 out of 446 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Focus Minerals has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Focus Minerals' EV-to-FCF compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Focus Minerals ranks #81 out of 446 companies for EV-to-FCF. This places Focus Minerals in the top 18% of its industry — outperforming the majority of peers. The industry median EV-to-FCF is 19.44. Focus Minerals' value of 6.72 is 65.4% below this benchmark. While the company's 10-year median is 3.57 vs. the industry median of 19.44, Focus Minerals 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 Metals & Mining company?
The median EV-to-FCF among Metals & Mining companies is 19.44, based on 446 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. Focus Minerals's current EV-to-FCF of 6.72 is 65.4% 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 Focus Minerals and its competitors. For the Metals & Mining industry, the median EV-to-FCF is 19.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Focus Minerals's current EV-to-FCF is 6.72, which is 88% above median its own 10-year median of 3.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Focus Minerals stock overvalued right now?
Based on GuruFocus' analysis, Focus Minerals (ASX:FML) is currently considered Fairly Valued. The stock's GF Value™ is A$1.80, compared to a current price of A$1.65 — trading 8.3% below its estimated fair value. The current EV-to-FCF is 6.72, which is 88% above median its 10-year median of 3.57 and 65.4% below the Metals & Mining industry median of 19.44. Focus Minerals' overall GF Score™ is 59/100 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-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Focus Minerals (ASX:FML), the current EV-to-FCF is 6.72 as of Jun. 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 Focus Minerals (ASX:FML) Overvalued in 2026?
Based on GuruFocus' analysis, Focus Minerals stock appears to be undervalued.
The current stock price of A$1.65 is trading 8.3% below its estimated GF Value™ of A$1.80.
GuruFocus considers Focus Minerals to be Fairly Valued.
Key valuation signals for ASX:FML:
EV-to-FCF: 6.72 (88% above median its 10-year median of 3.57)
GF Value™: A$1.80 vs. price of A$1.65 (8.3% below fair value)
Industry Position: 65.4% below the Metals & Mining median (#81 of 446)
No single metric tells the full story. See the ASX:FML stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Focus Minerals Ltd is engaged in gold exploration and production in Western Australia. The company's projects include Three Mile Hill Processing plant, Varischetti Village, and Coolgardie Gold Project which generates key revenue.
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