EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Eldorado Gold's Enterprise Value is C$12,376 Mil.
Eldorado Gold's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was C$-426 Mil. Therefore, Eldorado Gold's EV-to-FCF for today is -29.02.
The historical rank and industry rank for Eldorado Gold's EV-to-FCF or its related term are showing as below:
TSX:ELD'
s EV-to-FCF Range Over the Past 10 Years
Min: -1732.81 Med: -7.99 Max: 721.72
Current: -29.03
During the past 13 years, the highest EV-to-FCF of Eldorado Gold was 721.72. The lowest was -1732.81. And the median was -7.99.
TSX:ELD's EV-to-FCF is ranked worse than 100% of 449
companies
in the Metals & Mining industry
Industry Median: 18.36
vs TSX:ELD: -29.03
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.
Eldorado Gold's PE Ratio (TTM) for today is calculated as:
Eldorado Gold's share price for today is C$44.14.
Eldorado Gold's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$3.851.
* 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.
Eldorado Gold EV-to-FCF Related Terms
Eldorado Gold EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Eldorado Gold'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, Eldorado Gold'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.
Eldorado Gold EV-to-FCF vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Eldorado Gold's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Eldorado Gold's EV-to-FCF falls into.
Eldorado Gold's current Enterprise Value is C$12,376 Mil.
Eldorado Gold's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-426 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.
Eldorado Gold (TSX:ELD) has a EV-to-FCF of -29.02 as of Jun. 30, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Eldorado Gold and its competitors. According to the industry distribution chart, Eldorado Gold ranks #999999 out of 449 companies in the Metals & Mining industry.
Is Eldorado Gold's EV-to-FCF too high?
Eldorado Gold's current EV-to-FCF is -29.02. Based on the distribution chart, Eldorado Gold ranks #999999 out of 449 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Eldorado Gold has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Eldorado Gold's EV-to-FCF compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Eldorado Gold ranks #999999 out of 449 companies for EV-to-FCF. This places Eldorado Gold in the lower half of its industry. The industry median EV-to-FCF is 18.36. 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. 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 Eldorado Gold 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. Eldorado Gold's current EV-to-FCF is -29.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eldorado Gold stock overvalued right now?
Based on GuruFocus' analysis, Eldorado Gold (TSX:ELD) is currently considered Fairly Valued. The stock's GF Value™ is C$46.80, compared to a current price of C$44.14 — trading 5.7% below its estimated fair value. The current EV-to-FCF is -29.02. Eldorado Gold's overall GF Score™ is 91/100 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 Eldorado Gold (TSX:ELD), the current EV-to-FCF is -29.02 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 Eldorado Gold (TSX:ELD) Overvalued in 2026?
Based on GuruFocus' analysis, Eldorado Gold stock appears to be undervalued.
The current stock price of C$44.14 is trading 5.7% below its estimated GF Value™ of C$46.80.
GuruFocus considers Eldorado Gold to be Fairly Valued.
Key valuation signals for TSX:ELD:
EV-to-FCF: -29.02
GF Value™: C$46.80 vs. price of C$44.14 (5.7% below fair value)
No single metric tells the full story. See the TSX:ELD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Eldorado Gold Corp is a gold and base metals producer with mining, development, and exploration operations in Turkey, Canada, and Greece. It has a portfolio of high-quality assets and long-term partnerships with local communities. Some of its projects include Kisladag, Efemcukuru, Skouries; Perama Hill, and Certej projects. It has three geographical segments: The Turkiye reporting segment includes the Kisladag and the Efemcukuru mines and exploration activities in Turkiye. The Canada reporting segment that derives maximum revenue, includes Lamaque and exploration activities in Canada. The Greece reporting segment includes the Olympias mine, the Skouries and Perama Hill projects and exploration activities in Greece.
91GF Score
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