This research investigates thermal conductivity properties of Cu/Zr alloys combined with diamond particles to form a composite that possess superior thermal conductivity. This article describes the use of a theoretical calculation and finite element analysis to compare to previously published experimental observations. Both theoretical calculations and finite element analysis indicate that experimental results cannot be explained solely by an improved interface between the matrix and diamond particles, as originally suggested. This study shows that the experimental results, theoretical calculations, and finite element analysis are in agreement when the thermal conductivity of the matrix is adjusted to compensate for the amount of zirconium lost to the interface. This finding can be used to predict the thermal conductivity of a composite material composed of a Cu/Zr matrix with diamond particles.