Mineral Resources (ASX:MIN) EV-to-FCF: 23.79 (As of Jun. 24, 2026) — 917% Above Median


ASX:MIN Mineral Resources Ltd ASX:MIN
82 GF Score
Price A$65.86
GF Value A$72.21
Valuation Fairly Valued
! 12 Warning Signs
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What is Mineral Resources EV-to-FCF?

Mineral Resources ASX:MIN +1.40% 82 EV-to-FCF is 23.79 as of Jun. 24, 2026, which is 917% above its 10-year median of 2.34. GuruFocus rates ASX:MIN with a GF Score™ of 82/100 and a GF Value™ of A$72.21 (Fairly Valued). The stock has 12 warning signs investors should review. Among 445 Metals & Mining companies, Mineral Resources ranks worse than 57.3% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Mineral Resources's Enterprise Value is A$18,341 Mil. Mineral Resources's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$771 Mil. Therefore, Mineral Resources's EV-to-FCF for today is 23.79.

The historical rank and industry rank for Mineral Resources's EV-to-FCF or its related term are showing as below:

ASX:MIN' s EV-to-FCF Range Over the Past 10 Years
Min: -36.5   Med: 2.34   Max: 50.95
Current: 24.63

During the past 13 years, the highest EV-to-FCF of Mineral Resources was 50.95. The lowest was -36.50. And the median was 2.34.

ASX:MIN's EV-to-FCF is ranked worse than
57.3% of 445 companies
in the Metals & Mining industry
Industry Median: 19.18 vs ASX:MIN: 24.63

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 (2026-06-24), Mineral Resources's stock price is A$65.86. Mineral Resources's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$2.017. Therefore, Mineral Resources's PE Ratio (TTM) for today is 32.65.


Mineral Resources  (ASX:MIN) 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.

Mineral Resources's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=65.86/2.017
=32.65

Mineral Resources's share price for today is A$65.86.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Mineral Resources's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$2.017.

* 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.


Mineral Resources EV-to-FCF Related Terms


Mineral Resources EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Mineral 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.

Mineral Resources EV-to-FCF Chart

Mineral Resources Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.02 -13.71 -33.80 -6.46 -6.23

Mineral Resources Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EV-to-FCF 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 0.00 -6.46 0.00 -6.23 0.00

Mineral Resources EV-to-FCF Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Mineral 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.


Mineral Resources EV-to-FCF vs Metals & Mining Industry

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

* The bar in red indicates where Mineral Resources's EV-to-FCF falls into.


ASX:MIN
82GF Score
Mineral Resources Ltd ASX:MIN
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
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Mineral Resources EV-to-FCF Calculation

Mineral Resources's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=18341.031/771
=23.79

Mineral Resources's current Enterprise Value is A$18,341 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Mineral Resources's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$771 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-FCF →
What does a EV-to-FCF of 23.79 mean?
Mineral Resources (ASX:MIN) has a EV-to-FCF of 23.79 as of Jun. 24, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Mineral Resources and its competitors. This is 917% above median its historical median of 2.34. According to the industry distribution chart, Mineral Resources ranks #255 out of 445 companies in the Metals & Mining industry, placing it in the top 57.3%.
Is Mineral Resources' EV-to-FCF too high?
Mineral Resources' current EV-to-FCF of 23.79 is 917% above median its 10-year median of 2.34. The Metals & Mining industry median EV-to-FCF is 19.18. Mineral Resources' value of 23.79 is 24% above this industry median. Based on the distribution chart, Mineral Resources ranks #255 out of 445 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Mineral Resources has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mineral Resources' EV-to-FCF compare to competitors?
According to the Metals & Mining industry distribution chart, Mineral Resources ranks #255 out of 445 companies for EV-to-FCF. This places Mineral Resources in the lower half of its industry. The industry median EV-to-FCF is 19.18. Mineral Resources' value of 23.79 is 24% above this benchmark. While the company's 10-year median is 2.34 vs. the industry median of 19.18, Mineral Resources 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 19.18, based on 445 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. Mineral Resources's current EV-to-FCF of 23.79 is 24% 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 Mineral Resources and its competitors. For the Metals & Mining industry, the median EV-to-FCF is 19.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mineral Resources's current EV-to-FCF is 23.79, which is 917% above median its own 10-year median of 2.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mineral Resources stock overvalued right now?
Based on GuruFocus' analysis, Mineral Resources (ASX:MIN) is currently considered Fairly Valued. The stock's GF Value™ is A$72.21, compared to a current price of A$65.86 — trading 8.8% below its estimated fair value. The current EV-to-FCF is 23.79, which is 917% above median its 10-year median of 2.34 and 24% above the Metals & Mining industry median of 19.18. Mineral Resources' overall GF Score™ is 82/100 with 12 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 Mineral Resources (ASX:MIN), the current EV-to-FCF is 23.79 as of Jun. 24, 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 Mineral Resources (ASX:MIN) Overvalued in 2026?

Based on GuruFocus' analysis, Mineral Resources stock appears to be undervalued. The current stock price of A$65.86 is trading 8.8% below its estimated GF Value™ of A$72.21. GuruFocus considers Mineral Resources to be Fairly Valued.

Key valuation signals for ASX:MIN:

  • EV-to-FCF: 23.79 (917% above median its 10-year median of 2.34)
  • GF Value™: A$72.21 vs. price of A$65.86 (8.8% below fair value)
  • GF Score™: 82/100 with 12 warning signs
  • Industry Position: 24% above the Metals & Mining median (#255 of 445)

No single metric tells the full story. See the ASX:MIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mineral Resources Business Description

Address 20 Walters Drive, Osborne Park, Perth, WA, AUS, 6017
Mineral Resources listed on the ASX in 2006 following the merger of three mining services businesses. The subsidiary companies were previously owned by managing director Chris Ellison, who remains a large shareholder despite selling down. Operations include iron ore and lithium mining, iron ore crushing and screening services for third parties, and engineering and construction for mining companies. Mining and contracting activity is focused in Western Australia.
82GF Score

Get the complete analysis for ASX:MIN

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

A$65.86
Price
A$72.21
GF Value