IGOASX:IGO -3.66%55 EV-to-FCF is 75.27 as of Jun. 25, 2026, which is 606% above its 10-year median of 10.66. GuruFocus rates ASX:IGO with a GF Score™ of 55/100 and a GF Value™ of A$3.47 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 446 Metals & Mining companies, IGO ranks worse than 82.29% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, IGO's Enterprise Value is A$5,615.1 Mil.
IGO's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$74.6 Mil. Therefore, IGO's EV-to-FCF for today is 75.27.
The historical rank and industry rank for IGO's EV-to-FCF or its related term are showing as below:
ASX:IGO'
s EV-to-FCF Range Over the Past 10 Years
Min: -20.23 Med: 10.66 Max: 184.64
Current: 75.27
During the past 13 years, the highest EV-to-FCF of IGO was 184.64. The lowest was -20.23. And the median was 10.66.
ASX:IGO's EV-to-FCF is ranked worse than 82.29% of 446
companies
in the Metals & Mining industry
Industry Median: 19.435
vs ASX:IGO: 75.27
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.
As of today (2026-06-25), IGO's stock price is A$7.64.
IGO's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$-0.273. Therefore, IGO's PE Ratio (TTM) for today is At Loss.
IGO (ASX:IGO) EV-to-FCF Explanation
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.
IGO's share price for today is A$7.64.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. IGO's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$-0.273.
* 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.
IGO EV-to-FCF Related Terms
IGO EV-to-FCF Historical Data
* Premium members only.
The historical data trend for IGO'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 Other Industrial Metals & Mining subindustry, IGO'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.
IGO EV-to-FCF vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, IGO's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where IGO's EV-to-FCF falls into.
IGO's current Enterprise Value is A$5,615.1 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. IGO's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$74.6 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.
IGO (ASX:IGO) has a EV-to-FCF of 75.27 as of Jun. 25, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on IGO and its competitors. This is 606% above median its historical median of 10.66. According to the industry distribution chart, IGO ranks #367 out of 446 companies in the Metals & Mining industry, placing it in the top 82.3%.
Is IGO's EV-to-FCF too high?
IGO's current EV-to-FCF of 75.27 is 606% above median its 10-year median of 10.66. The Metals & Mining industry median EV-to-FCF is 19.44. IGO's value of 75.27 is 287.3% above this industry median. Based on the distribution chart, IGO ranks #367 out of 446 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, IGO has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IGO's EV-to-FCF compare to competitors?
According to the Metals & Mining industry distribution chart, IGO ranks #367 out of 446 companies for EV-to-FCF. This places IGO in the lower half of its industry. The industry median EV-to-FCF is 19.44. IGO's value of 75.27 is 287.3% above this benchmark. While the company's 10-year median is 10.66 vs. the industry median of 19.44, IGO has consistently been above 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. IGO's current EV-to-FCF of 75.27 is 287.3% above 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 IGO 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. IGO's current EV-to-FCF is 75.27, which is 606% above median its own 10-year median of 10.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IGO stock overvalued right now?
Based on GuruFocus' analysis, IGO (ASX:IGO) is currently considered Significantly Overvalued. The stock's GF Value™ is A$3.47, compared to a current price of A$7.64 — trading 120.2% above its estimated fair value. The current EV-to-FCF is 75.27, which is 606% above median its 10-year median of 10.66 and 287.3% above the Metals & Mining industry median of 19.44. IGO's overall GF Score™ is 55/100 with 2 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 IGO (ASX:IGO), the current EV-to-FCF is 75.27 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 IGO (ASX:IGO) Overvalued in 2026?
Based on GuruFocus' analysis, IGO stock appears to be overvalued.
The current stock price of A$7.64 is trading 120.2% above its estimated GF Value™ of A$3.47.
GuruFocus considers IGO to be Significantly Overvalued.
Key valuation signals for ASX:IGO:
EV-to-FCF: 75.27 (606% above median its 10-year median of 10.66)
GF Value™: A$3.47 vs. price of A$7.64 (120.2% above fair value)
Industry Position: 287.3% above the Metals & Mining median (#367 of 446)
No single metric tells the full story. See the ASX:IGO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IGO is a mining and exploration company based in Western Australia. Its primary asset is a minority stake in the Greenbushes lithium mine through a joint venture with Tianqi Lithium and Albemarle. Greenbushes is the world's lowest-cost hard rock lithium resource. IGO also has an interest in downstream processing through a 49% stake in the Kwinana lithium hydroxide refinery. Outside of lithium, IGO owns and operates the Nova nickel-copper-cobalt mine, which has a short remaining life.
55GF Score
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