TRX GoldTSX:TRX +0.90%57 EV-to-FCF is 189.12 as of Jul. 11, 2026. GuruFocus rates TSX:TRX with a GF Score™ of 57/100 and a GF Value™ of C$1.68 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 443 Metals & Mining companies, TRX Gold ranks worse than 91.87% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, TRX Gold's Enterprise Value is C$372.4 Mil.
TRX Gold's Free Cash Flow for the trailing twelve months (TTM) ended in Feb. 2026 was C$2.0 Mil. Therefore, TRX Gold's EV-to-FCF for today is 189.12.
The historical rank and industry rank for TRX Gold's EV-to-FCF or its related term are showing as below:
TSX:TRX'
s EV-to-FCF Range Over the Past 10 Years
Min: -377.54 Med: -20.83 Max: 362.66
Current: 189.12
During the past 13 years, the highest EV-to-FCF of TRX Gold was 362.66. The lowest was -377.54. And the median was -20.83.
TSX:TRX's EV-to-FCF is ranked worse than 91.87% of 443
companies
in the Metals & Mining industry
Industry Median: 18.92
vs TSX:TRX: 189.12
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.
TRX Gold's share price for today is C$1.12.
TRX Gold's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.096.
* 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.
TRX Gold EV-to-FCF Related Terms
TRX Gold EV-to-FCF Historical Data
* Premium members only.
The historical data trend for TRX 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, TRX 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.
TRX Gold EV-to-FCF vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, TRX Gold's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where TRX Gold's EV-to-FCF falls into.
TRX Gold's current Enterprise Value is C$372.4 Mil.
TRX Gold's Free Cash Flow for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$2.0 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.
TRX Gold (TSX:TRX) has a EV-to-FCF of 189.12 as of Jul. 11, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on TRX Gold and its competitors. According to the industry distribution chart, TRX Gold ranks #407 out of 443 companies in the Metals & Mining industry, placing it in the top 91.9%.
Is TRX Gold's EV-to-FCF too high?
TRX Gold's current EV-to-FCF is 189.12. The Metals & Mining industry median EV-to-FCF is 18.92. TRX Gold's value of 189.12 is 899.6% above this industry median. Based on the distribution chart, TRX Gold ranks #407 out of 443 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, TRX Gold has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TRX Gold's EV-to-FCF compare to NEM and AU?
According to the Metals & Mining industry distribution chart, TRX Gold ranks #407 out of 443 companies for EV-to-FCF. This places TRX Gold in the lower half of its industry. The industry median EV-to-FCF is 18.92. TRX Gold's value of 189.12 is 899.6% above this benchmark. 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 18.92, based on 443 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. TRX Gold's current EV-to-FCF of 189.12 is 899.6% 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 TRX Gold and its competitors. For the Metals & Mining industry, the median EV-to-FCF is 18.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TRX Gold's current EV-to-FCF is 189.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TRX Gold stock overvalued right now?
Based on GuruFocus' analysis, TRX Gold (TSX:TRX) is currently considered Possible Value Trap. The stock's GF Value™ is C$1.68, compared to a current price of C$1.12 — trading 33.3% below its estimated fair value. The current EV-to-FCF is 189.12 and 899.6% above the Metals & Mining industry median of 18.92. TRX Gold's overall GF Score™ is 57/100 with 1 warning sign 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 TRX Gold (TSX:TRX), the current EV-to-FCF is 189.12 as of Jul. 11, 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 TRX Gold (TSX:TRX) Overvalued in 2026?
Based on GuruFocus' analysis, TRX Gold stock appears to be undervalued.
The current stock price of C$1.12 is trading 33.3% below its estimated GF Value™ of C$1.68.
GuruFocus considers TRX Gold to be Possible Value Trap.
Key valuation signals for TSX:TRX:
EV-to-FCF: 189.12
GF Value™: C$1.68 vs. price of C$1.12 (33.3% below fair value)
Industry Position: 899.6% above the Metals & Mining median (#407 of 443)
No single metric tells the full story. See the TSX:TRX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TRX Gold Corp is engaged in the exploration, development, and production of mineral property interests in the United Republic of Tanzania, focused on development and mining operations, and on exploring and evaluating its mineral properties. The business of exploring and mining for minerals involves a high degree of risk, and the underlying value of the mineral properties depends on the existence and economic recovery of mineral resources and reserves, as well as the ability to raise long-term financing to continue development. The company is focused on the Buckreef Gold Project, which comprises five prospects: Buckreef, Bingwa, Tembo, Eastern Porphyry, and Buziba, and includes three main mineralized zones: Buckreef South, Buckreef Main, and Buckreef North.
57GF Score
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