Whitehaven CoalASX:WHC +0.27%74 EV-to-FCF is 27.29 as of Jul. 10, 2026, which is 389% above its 10-year median of 5.58. GuruFocus rates ASX:WHC with a GF Score™ of 74/100 and a GF Value™ of A$7.01 (Fairly Valued). The stock has 7 warning signs investors should review. Among 67 Other Energy Sources companies, Whitehaven Coal ranks worse than 77.61% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Whitehaven Coal's Enterprise Value is A$6,960 Mil.
Whitehaven Coal's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$255 Mil. Therefore, Whitehaven Coal's EV-to-FCF for today is 27.29.
The historical rank and industry rank for Whitehaven Coal's EV-to-FCF or its related term are showing as below:
ASX:WHC'
s EV-to-FCF Range Over the Past 10 Years
Min: -68.95 Med: 5.58 Max: 145.63
Current: 27.84
During the past 13 years, the highest EV-to-FCF of Whitehaven Coal was 145.63. The lowest was -68.95. And the median was 5.58.
ASX:WHC's EV-to-FCF is ranked worse than 77.61% of 67
companies
in the Other Energy Sources industry
Industry Median: 11.05
vs ASX:WHC: 27.84
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.
Whitehaven Coal's PE Ratio (TTM) for today is calculated as:
Whitehaven Coal's share price for today is A$7.42.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Whitehaven Coal's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.792.
* 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.
Whitehaven Coal EV-to-FCF Related Terms
Whitehaven Coal EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Whitehaven Coal'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 Thermal Coal subindustry, Whitehaven Coal'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.
Whitehaven Coal EV-to-FCF vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Whitehaven Coal's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Whitehaven Coal's EV-to-FCF falls into.
Whitehaven Coal's current Enterprise Value is A$6,960 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Whitehaven Coal's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$255 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.
Whitehaven Coal (ASX:WHC) has a EV-to-FCF of 27.29 as of Jul. 10, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Whitehaven Coal and its competitors. This is 389% above median its historical median of 5.58. According to the industry distribution chart, Whitehaven Coal ranks #52 out of 67 companies in the Other Energy Sources industry, placing it in the top 77.6%.
Is Whitehaven Coal's EV-to-FCF too high?
Whitehaven Coal's current EV-to-FCF of 27.29 is 389% above median its 10-year median of 5.58. The Other Energy Sources industry median EV-to-FCF is 11.05. Whitehaven Coal's value of 27.29 is 147% above this industry median. Based on the distribution chart, Whitehaven Coal ranks #52 out of 67 companies in the Other Energy Sources industry, which is in the bottom quartile relative to peers. Overall, Whitehaven Coal has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Whitehaven Coal's EV-to-FCF compare to competitors?
According to the Other Energy Sources industry distribution chart, Whitehaven Coal ranks #52 out of 67 companies for EV-to-FCF. This places Whitehaven Coal in the lower half of its industry. The industry median EV-to-FCF is 11.05. Whitehaven Coal's value of 27.29 is 147% above this benchmark. While the company's 10-year median is 5.58 vs. the industry median of 11.05, Whitehaven Coal 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 an Other Energy Sources company?
The median EV-to-FCF among Other Energy Sources companies is 11.05, based on 67 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. Whitehaven Coal's current EV-to-FCF of 27.29 is 147% 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 Whitehaven Coal and its competitors. For the Other Energy Sources industry, the median EV-to-FCF is 11.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Whitehaven Coal's current EV-to-FCF is 27.29, which is 389% above median its own 10-year median of 5.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Whitehaven Coal stock overvalued right now?
Based on GuruFocus' analysis, Whitehaven Coal (ASX:WHC) is currently considered Fairly Valued. The stock's GF Value™ is A$7.01, compared to a current price of A$7.42 — trading 5.8% above its estimated fair value. The current EV-to-FCF is 27.29, which is 389% above median its 10-year median of 5.58 and 147% above the Other Energy Sources industry median of 11.05. Whitehaven Coal's overall GF Score™ is 74/100 with 7 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 Whitehaven Coal (ASX:WHC), the current EV-to-FCF is 27.29 as of Jul. 10, 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 Whitehaven Coal (ASX:WHC) Overvalued in 2026?
Based on GuruFocus' analysis, Whitehaven Coal stock appears to be overvalued.
The current stock price of A$7.42 is trading 5.8% above its estimated GF Value™ of A$7.01.
GuruFocus considers Whitehaven Coal to be Fairly Valued.
Key valuation signals for ASX:WHC:
EV-to-FCF: 27.29 (389% above median its 10-year median of 5.58)
GF Value™: A$7.01 vs. price of A$7.42 (5.8% above fair value)
Industry Position: 147% above the Other Energy Sources median (#52 of 67)
No single metric tells the full story. See the ASX:WHC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Whitehaven Coal is a large Australian independent thermal and metallurgical coal miner with mines in the Gunnedah Basin, New South Wales. It also bought Blackwater and Daunia, two coking coal mines in Queensland, from BHP and Mitsubishi in April 2024. In addition, it owns the large Winchester South deposit next to its Daunia mine. Coal is railed to ports in Newcastle and Queensland for export to Asian customers. Initial production of about 1 million metric tons from Vickery and expanded production at its Queensland mines, Maules Creek, and Narrabri means we expect its share of salable coal production to approach 31 million metric tons from fiscal 2030, from about 13 million in fiscal 2023.
74GF Score
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