Theta Gold MinesFRA:3LM -7.50%35 EV-to-FCF is -28.25 as of Jul. 01, 2026. GuruFocus rates FRA:3LM with a GF Score™ of 35/100. The stock has 2 warning signs investors should review. Among 447 Metals & Mining companies, Theta Gold Mines ranks worse than 223713.42% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Theta Gold Mines's Enterprise Value is €139.29 Mil.
Theta Gold Mines's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €-4.93 Mil. Therefore, Theta Gold Mines's EV-to-FCF for today is -28.25.
The historical rank and industry rank for Theta Gold Mines's EV-to-FCF or its related term are showing as below:
FRA:3LM'
s EV-to-FCF Range Over the Past 10 Years
Min: -27.91 Med: 0 Max: 0
Current: -27.91
FRA:3LM's EV-to-FCF is ranked worse than 100% of 447
companies
in the Metals & Mining industry
Industry Median: 18.31
vs FRA:3LM: -27.91
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.
Theta Gold Mines's PE Ratio (TTM) for today is calculated as:
Theta Gold Mines's share price for today is €0.111.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Theta Gold Mines's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €-0.001.
* 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.
Theta Gold Mines EV-to-FCF Related Terms
Theta Gold Mines EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Theta Gold Mines'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, Theta Gold Mines'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.
Theta Gold Mines EV-to-FCF vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Theta Gold Mines's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Theta Gold Mines's EV-to-FCF falls into.
Theta Gold Mines's current Enterprise Value is €139.29 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Theta Gold Mines's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €-4.93 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.
Theta Gold Mines (FRA:3LM) has a EV-to-FCF of -28.25 as of Jul. 01, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Theta Gold Mines and its competitors. According to the industry distribution chart, Theta Gold Mines ranks #999999 out of 447 companies in the Metals & Mining industry.
Is Theta Gold Mines' EV-to-FCF too high?
Theta Gold Mines' current EV-to-FCF is -28.25. Based on the distribution chart, Theta Gold Mines ranks #999999 out of 447 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Theta Gold Mines has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Theta Gold Mines' EV-to-FCF compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Theta Gold Mines ranks #999999 out of 447 companies for EV-to-FCF. This places Theta Gold Mines in the lower half of its industry. The industry median EV-to-FCF is 18.31. 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 18.31, based on 447 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 Theta Gold Mines and its competitors. For the Metals & Mining industry, the median EV-to-FCF is 18.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Theta Gold Mines's current EV-to-FCF is -28.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Theta Gold Mines stock overvalued right now?
Theta Gold Mines (FRA:3LM) has a current EV-to-FCF of -28.25. The current EV-to-FCF is -28.25. Theta Gold Mines' overall GF Score™ is 35/100 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 Theta Gold Mines (FRA:3LM), the current EV-to-FCF is -28.25 as of Jul. 01, 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.
Theta Gold Mines Ltd is a gold exploration and development company. The company holds gold assets in the South African gold mining region. The projects of the company include the TGME Project near the historic gold mining town of Pilgrims Rest in Mpumalanga Province, and other projects.
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