HRFEF (Harfang Exploration) EV-to-FCF: -1.24 (As of Jun. 28, 2026)


What is Harfang Exploration EV-to-FCF?

Harfang Exploration HRFEF EV-to-FCF is -1.24 as of Jun. 28, 2026. The stock has 2 warning signs investors should review. Among 448 Metals & Mining companies, Harfang Exploration ranks worse than 223214.06% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Harfang Exploration's Enterprise Value is $3.02 Mil. Harfang Exploration's Free Cash Flow for the trailing twelve months (TTM) ended in Apr. 2026 was $-2.44 Mil. Therefore, Harfang Exploration's EV-to-FCF for today is -1.24.

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

HRFEF' s EV-to-FCF Range Over the Past 10 Years
Min: -1.28   Med: 0   Max: 0
Current: -1.28

HRFEF's EV-to-FCF is ranked worse than
100% of 448 companies
in the Metals & Mining industry
Industry Median: 18.44 vs HRFEF: -1.28

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 (2026-06-28), Harfang Exploration's stock price is $0.035. Harfang Exploration's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 was $-0.014. Therefore, Harfang Exploration's PE Ratio (TTM) for today is At Loss.


Harfang Exploration  (OTCPK:HRFEF) 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.

Harfang Exploration's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.035/-0.014
=At Loss

Harfang Exploration's share price for today is $0.035.
Harfang Exploration's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.014.

* 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.


Harfang Exploration EV-to-FCF Related Terms


Harfang Exploration EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Harfang Exploration'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.

Harfang Exploration EV-to-FCF Chart

Harfang Exploration Annual Data
Trend Oct16 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.86 -1.39 -1.02 -0.87 -1.65

Harfang Exploration Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 -1.56 -1.78 -2.27 -1.65 -1.58

Harfang Exploration EV-to-FCF Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Harfang Exploration'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.


Harfang Exploration EV-to-FCF vs Metals & Mining Industry

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

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



Harfang Exploration EV-to-FCF Calculation

Harfang Exploration's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=3.021/-2.438
=-1.24

Harfang Exploration's current Enterprise Value is $3.02 Mil.
Harfang Exploration's Free Cash Flow for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.44 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 -1.24 mean?
Harfang Exploration (HRFEF) has a EV-to-FCF of -1.24 as of Jun. 28, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Harfang Exploration and its competitors. According to the industry distribution chart, Harfang Exploration ranks #999999 out of 448 companies in the Metals & Mining industry.
Is Harfang Exploration's EV-to-FCF too high?
Harfang Exploration's current EV-to-FCF is -1.24. Based on the distribution chart, Harfang Exploration ranks #999999 out of 448 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Harfang Exploration's EV-to-FCF compare to competitors?
According to the Metals & Mining industry distribution chart, Harfang Exploration ranks #999999 out of 448 companies for EV-to-FCF. This places Harfang Exploration in the lower half of its industry. The industry median EV-to-FCF is 18.44. 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 18.44, based on 448 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 Harfang Exploration and its competitors. For the Metals & Mining industry, the median EV-to-FCF is 18.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harfang Exploration's current EV-to-FCF is -1.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harfang Exploration stock overvalued right now?
Harfang Exploration (HRFEF) has a current EV-to-FCF of -1.24. The current EV-to-FCF is -1.24. 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 Harfang Exploration (HRFEF), the current EV-to-FCF is -1.24 as of Jun. 28, 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.

Harfang Exploration Business Description

Other Exchanges HAR:Canada
Address 1100 Avenue des Canadiens-de-Montreal, Suite 300, Montreal, QC, CAN, H3B 2S2
Harfang Exploration Inc is an exploration and evaluation stage company, is in the business of acquiring and exploring mineral properties in Canada. Its focus is currently on the exploration and evaluation of its mineral properties in the James Bay area in the Province of Quebec for gold and lithium and in northern Ontario for gold.