Macro MetalsASX:M4M EV-to-FCF is -5.54 as of Jul. 03, 2026. The stock has 2 warning signs investors should review. Among 358 Steel companies, Macro Metals ranks worse than 279329.33% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Macro Metals's Enterprise Value is A$25.70 Mil.
Macro Metals's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$-4.64 Mil. Therefore, Macro Metals's EV-to-FCF for today is -5.54.
The historical rank and industry rank for Macro Metals's EV-to-FCF or its related term are showing as below:
ASX:M4M'
s EV-to-FCF Range Over the Past 10 Years
Min: -5.54 Med: 0 Max: 0
Current: -5.54
ASX:M4M's EV-to-FCF is ranked worse than 100% of 358
companies
in the Steel industry
Industry Median: 16.085
vs ASX:M4M: -5.54
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.
Macro Metals's PE Ratio (TTM) for today is calculated as:
Macro Metals's share price for today is A$0.006.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Macro Metals's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$-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. 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.
Macro Metals EV-to-FCF Related Terms
Macro Metals EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Macro Metals'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, Macro Metals'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.
Macro Metals EV-to-FCF vs Steel Industry
For the Steel industry and Basic Materials sector, Macro Metals's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Macro Metals's EV-to-FCF falls into.
Macro Metals's current Enterprise Value is A$25.70 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Macro Metals's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$-4.64 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.
Macro Metals (ASX:M4M) has a EV-to-FCF of -5.54 as of Jul. 03, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Macro Metals and its competitors. According to the industry distribution chart, Macro Metals ranks #999999 out of 358 companies in the Steel industry.
Is Macro Metals' EV-to-FCF too high?
Macro Metals' current EV-to-FCF is -5.54. Based on the distribution chart, Macro Metals ranks #999999 out of 358 companies in the Steel industry, which is in the bottom quartile relative to peers.
How does Macro Metals' EV-to-FCF compare to NUE and STLD?
According to the Steel industry distribution chart, Macro Metals ranks #999999 out of 358 companies for EV-to-FCF. This places Macro Metals in the lower half of its industry. The industry median EV-to-FCF is 16.09. 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 16.09, 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. 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 Macro Metals and its competitors. For the Steel industry, the median EV-to-FCF is 16.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Macro Metals's current EV-to-FCF is -5.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macro Metals stock overvalued right now?
Macro Metals (ASX:M4M) has a current EV-to-FCF of -5.54. The current EV-to-FCF is -5.54. 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 Macro Metals (ASX:M4M), the current EV-to-FCF is -5.54 as of Jul. 03, 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.
Macro Metals Ltd is a mineral exploration company. The principal activities of the company consist of exploration and evaluation of WA iron ore tenements, acquisition of additional prospective tenements in WA, proposed acquisition of Chilean lithium projects and continued evaluation of Agbaja Cast Steel Project. It operates in one industry segment, which is mineral exploration, evaluation, and development, and operates in two geographic segments: the Federal Republic of Nigeria and Australia.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:M4M has been successfully added to your 