Largo (LGO) FCF Margin %: -60.18% (As of Mar. 2026)


LGO Largo Inc LGO
59 GF Score
Price $0.69
GF Value $1.15
Valuation Possible Value Trap
! 6 Warning Signs
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What is Largo FCF Margin %?

Largo LGO +1.77% 59 FCF Margin % is -60.18% as of Mar. 2026. GuruFocus rates LGO with a GF Score™ of 59/100 and a GF Value™ of $1.15 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 847 Metals & Mining companies, Largo ranks worse than 71.31% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Largo's Free Cash Flow for the three months ended in Mar. 2026 was $-16.6 Mil. Largo's Revenue for the three months ended in Mar. 2026 was $27.5 Mil. Therefore, Largo's FCF Margin % for the quarter that ended in Mar. 2026 was -60.18%.

As of today, Largo's current FCF Yield % is -57.32%.

The historical rank and industry rank for Largo's FCF Margin % or its related term are showing as below:

LGO' s FCF Margin % Range Over the Past 10 Years
Min: -64.69   Med: -17.38   Max: 63.88
Current: -36.57


During the past 13 years, the highest FCF Margin % of Largo was 63.88%. The lowest was -64.69%. And the median was -17.38%.

LGO's FCF Margin % is ranked worse than
71.31% of 847 companies
in the Metals & Mining industry
Industry Median: -2.17 vs LGO: -36.57


Largo FCF Margin % Related Terms


Largo FCF Margin % Historical Data

* Premium members only.

The historical data trend for Largo's FCF Margin % 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.

Largo FCF Margin % Chart

Largo Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.24 -18.40 -16.36 -24.87 -34.27

Largo Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % 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 -50.64 -7.12 -21.45 -64.53 -60.18

Largo FCF Margin % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Largo's FCF Margin %, along with its competitors' market caps and FCF Margin % 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.


Largo FCF Margin % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Largo's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Largo's FCF Margin % falls into.


LGO
59GF Score
Largo Inc LGO
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Largo FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Largo's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=-37.662/109.887
=-34.27 %

Largo's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-16.567/27.529
=-60.18 %

* 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 FCF Margin % →
What does a FCF Margin % of -60.18% mean?
Largo (LGO) has a FCF Margin % of -60.18% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Largo and its competitors. According to the industry distribution chart, Largo ranks #604 out of 847 companies in the Metals & Mining industry, placing it in the top 71.3%.
Is Largo's FCF Margin % too high?
Largo's current FCF Margin % is -60.18%. Based on the distribution chart, Largo ranks #604 out of 847 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Largo has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Largo's FCF Margin % compare to competitors?
According to the Metals & Mining industry distribution chart, Largo ranks #604 out of 847 companies for FCF Margin %. This places Largo in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Metals & Mining company?
A good FCF Margin % depends on the Metals & Mining industry context. However, FCF Margin % 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Largo and its competitors. Largo's current FCF Margin % is -60.18%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Largo stock overvalued right now?
Based on GuruFocus' analysis, Largo (LGO) is currently considered Possible Value Trap. The stock's GF Value™ is $1.15, compared to a current price of $0.69 — trading 40.4% below its estimated fair value. The current FCF Margin % is -60.18%. Largo's overall GF Score™ is 59/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Largo (LGO), the current FCF Margin % is -60.18% as of Mar. 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 Largo (LGO) Overvalued in 2026?

Based on GuruFocus' analysis, Largo stock appears to be undervalued. The current stock price of $0.69 is trading 40.4% below its estimated GF Value™ of $1.15. GuruFocus considers Largo to be Possible Value Trap.

Key valuation signals for LGO:

  • FCF Margin %: -60.18%
  • GF Value™: $1.15 vs. price of $0.69 (40.4% below fair value)
  • GF Score™: 59/100 with 6 warning signs

No single metric tells the full story. See the LGO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Largo Business Description

Other Exchanges LR8:GermanyLGO:Canada
Address 100 King Street West, Suite 1600, First Canadian Place, Toronto, ON, CAN, M5X 1G5
Largo Inc is committed to the production and supply of high-quality vanadium products. The company is also focused on the advancement of renewable energy storage solutions through Largo Clean Energy and its vanadium redox flow battery technology. The Company is engaged in the mining, exploration, and development of mineral properties, predominantly in Brazil, through which it produces and supplies vanadium products VPURE Flake, VPURE+ Flake, and VPURE+ Powder. The company has operating segments: sales & trading, mine properties, which generates key revenue, corporate, exploration and evaluation properties, Clean Energy, and Largo Physical Vanadium.
59GF Score

Get the complete analysis for LGO

FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.69
Price
$1.15
GF Value