FresnilloMEX:FRES 83 EV-to-FCF is 12.90 as of Jun. 30, 2026, which is 23% below its 10-year median of 16.68. GuruFocus rates MEX:FRES with a GF Score™ of 83/100 and a GF Value™ of MXN311.15 (Significantly Overvalued). Among 449 Metals & Mining companies, Fresnillo ranks better than 58.8% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Fresnillo's Enterprise Value is MXN448,202 Mil.
Fresnillo's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was MXN34,749 Mil. Therefore, Fresnillo's EV-to-FCF for today is 12.90.
The historical rank and industry rank for Fresnillo's EV-to-FCF or its related term are showing as below:
MEX:FRES'
s EV-to-FCF Range Over the Past 10 Years
Min: -135.42 Med: 16.68 Max: 322.3
Current: 14.27
During the past 13 years, the highest EV-to-FCF of Fresnillo was 322.30. The lowest was -135.42. And the median was 16.68.
MEX:FRES's EV-to-FCF is ranked better than 58.8% of 449
companies
in the Metals & Mining industry
Industry Median: 18.36
vs MEX:FRES: 14.27
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.
Fresnillo's share price for today is MXN706.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Fresnillo's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was MXN34.444.
* 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.
Fresnillo EV-to-FCF Related Terms
Fresnillo EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Fresnillo'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 Other Precious Metals & Mining subindustry, Fresnillo'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.
Fresnillo EV-to-FCF vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Fresnillo's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Fresnillo's EV-to-FCF falls into.
Fresnillo's current Enterprise Value is MXN448,202 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Fresnillo's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was MXN34,749 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.
Fresnillo (MEX:FRES) has a EV-to-FCF of 12.90 as of Jun. 30, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Fresnillo and its competitors. This is 23% below median its historical median of 16.68. According to the industry distribution chart, Fresnillo ranks #185 out of 449 companies in the Metals & Mining industry, placing it in the top 41.2%.
Is Fresnillo's EV-to-FCF too high?
Fresnillo's current EV-to-FCF of 12.90 is 23% below median its 10-year median of 16.68. The Metals & Mining industry median EV-to-FCF is 18.36. Fresnillo's value of 12.90 is 29.7% below this industry median. Based on the distribution chart, Fresnillo ranks #185 out of 449 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Fresnillo has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fresnillo's EV-to-FCF compare to HL?
According to the Metals & Mining industry distribution chart, Fresnillo ranks #185 out of 449 companies for EV-to-FCF. This puts Fresnillo in the upper half of its industry. The industry median EV-to-FCF is 18.36. Fresnillo's value of 12.90 is 29.7% below this benchmark. While the company's 10-year median is 16.68 vs. the industry median of 18.36, Fresnillo has consistently been below 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 18.36, based on 449 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. Fresnillo's current EV-to-FCF of 12.90 is 29.7% below 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 Fresnillo and its competitors. For the Metals & Mining industry, the median EV-to-FCF is 18.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fresnillo's current EV-to-FCF is 12.90, which is 23% below median its own 10-year median of 16.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fresnillo stock overvalued right now?
Based on GuruFocus' analysis, Fresnillo (MEX:FRES) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN311.15, compared to a current price of MXN706.00 — trading 126.9% above its estimated fair value. The current EV-to-FCF is 12.90, which is 23% below median its 10-year median of 16.68 and 29.7% below the Metals & Mining industry median of 18.36. Fresnillo's overall GF Score™ is 83/100. 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 Fresnillo (MEX:FRES), the current EV-to-FCF is 12.90 as of Jun. 30, 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 Fresnillo (MEX:FRES) Overvalued in 2026?
Based on GuruFocus' analysis, Fresnillo stock appears to be overvalued.
The current stock price of MXN706.00 is trading 126.9% above its estimated GF Value™ of MXN311.15.
GuruFocus considers Fresnillo to be Significantly Overvalued.
Key valuation signals for MEX:FRES:
EV-to-FCF: 12.90 (23% below median its 10-year median of 16.68)
GF Value™: MXN311.15 vs. price of MXN706.00 (126.9% above fair value)
Industry Position: 29.7% below the Metals & Mining median (#185 of 449)
No single metric tells the full story. See the MEX:FRES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fresnillo PLC explores, develops, and produces silver and gold resources mainly in Mexico. The company's reportable segments comprise seven producing mines: the Fresnillo, Saucito, and Juanicipio underground silver mines located in Zacatecas; the Cienega underground silver-gold mine in Durango; the Herradura and Noche Buena surface gold mines in Sonora; and the San Julian underground silver-gold mine situated on the border of Chihuahua and Durango. Its mining operations involve both underground and open-pit mining methods, depending on the characteristics of each deposit.
83GF Score
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