Canyon Resources Ltd
ASX:CAY

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Canyon Resources Ltd
ASX:CAY
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Price: 0.175 AUD Market Closed
Market Cap: 360.3m AUD

Relative Value

The Relative Value of one CAY stock under the Base Case scenario is 1.73 AUD. Compared to the current market price of 0.175 AUD, Canyon Resources Ltd is Undervalued by 90%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

CAY Relative Value
Base Case
1.73 AUD
Undervaluation 90%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
61
vs Industry
10
Median 3Y
665
Median 5Y
12 456.4
Industry
2
Forward
67.3
vs History
vs Industry
Median 3Y
-25
Median 5Y
-26.2
Industry
18.8
Forward
-21.6
vs History
vs Industry
Median 3Y
-29.7
Median 5Y
-30.3
Industry
10.9
vs History
vs Industry
Median 3Y
-23.3
Median 5Y
-22.3
Industry
18.2
vs History
50
vs Industry
7
Median 3Y
4.5
Median 5Y
8.5
Industry
2.1
vs History
58
vs Industry
9
Median 3Y
638.1
Median 5Y
10 817.6
Industry
2.5
Forward
65.2
vs History
vs Industry
Median 3Y
-77.7
Median 5Y
-120.7
Industry
8.3
vs History
vs Industry
Median 3Y
-28.1
Median 5Y
-27
Industry
12.3
Forward
-28.3
vs History
vs Industry
Median 3Y
-28.1
Median 5Y
-27
Industry
14.9
Forward
-40.2
vs History
vs Industry
Median 3Y
-28
Median 5Y
-29.3
Industry
12.2
vs History
vs Industry
Median 3Y
-19.2
Median 5Y
-19.8
Industry
16.4
vs History
50
vs Industry
8
Median 3Y
6.8
Median 5Y
10.5
Industry
1.9

Multiples Across Competitors

CAY Competitors Multiples
Canyon Resources Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
AU
Canyon Resources Ltd
ASX:CAY
360.3m AUD 843.9 -17.9 -27 -27
RU
Polyus PJSC
LSE:PLZL
70.4T USD 11 437.7 35 596.6 19 637.6 22 535.4
ZA
Gold Fields Ltd
JSE:GFI
689.7B Zac 0 0 0 0
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
223.6B Zac 0 0 0 0
CN
Zijin Mining Group Co Ltd
SSE:601899
858.7B CNY 2.6 18.8 16.7 16.7
US
Newmont Corporation
NYSE:NEM
114B USD 5.3 15.7 9.6 12.2
AU
Greatland Gold PLC
ASX:GGP
140.9B AUD 73.1 207.5 149.5 167.7
CA
Agnico Eagle Mines Ltd
TSX:AEM
124.4B CAD 8.5 26.4 13 17
CA
Barrick Mining Corp
F:ABR0
65.5B EUR 5.3 21.6 9.2 11.8
CA
Barrick Gold Corp
TSX:ABX
105B CAD 5.2 21.3 9.2 11.7
CA
Wheaton Precious Metals Corp
TSX:WPM
76.4B CAD 30 55.7 40.7 51.8
P/E Multiple
Earnings Growth PEG
AU
Canyon Resources Ltd
ASX:CAY
Average P/E: 4 495.4
Negative Multiple: -17.9
N/A N/A
RU
P
Polyus PJSC
LSE:PLZL
35 596.6
N/A N/A
ZA
G
Gold Fields Ltd
JSE:GFI
Not Available
49%
N/A
ZA
H
Harmony Gold Mining Company Ltd
JSE:HAR
Not Available
39%
N/A
CN
Zijin Mining Group Co Ltd
SSE:601899
18.8
25%
0.8
US
Newmont Corporation
NYSE:NEM
15.7
40%
0.4
AU
G
Greatland Gold PLC
ASX:GGP
207.5
N/A N/A
CA
Agnico Eagle Mines Ltd
TSX:AEM
26.4
39%
0.7
CA
Barrick Mining Corp
F:ABR0
21.6
43%
0.5
CA
Barrick Gold Corp
TSX:ABX
21.3
42%
0.5
CA
Wheaton Precious Metals Corp
TSX:WPM
55.7
45%
1.2
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
AU
Canyon Resources Ltd
ASX:CAY
Average EV/EBITDA: 2 485.7
Negative Multiple: -27
N/A N/A
RU
P
Polyus PJSC
LSE:PLZL
19 637.6
N/A N/A
ZA
G
Gold Fields Ltd
JSE:GFI
Not Available
34%
N/A
ZA
H
Harmony Gold Mining Company Ltd
JSE:HAR
Not Available
30%
N/A
CN
Zijin Mining Group Co Ltd
SSE:601899
16.7
33%
0.5
US
Newmont Corporation
NYSE:NEM
9.6
24%
0.4
AU
G
Greatland Gold PLC
ASX:GGP
149.5
-5%
N/A
CA
Agnico Eagle Mines Ltd
TSX:AEM
13
27%
0.5
CA
Barrick Mining Corp
F:ABR0
9.2
33%
0.3
CA
Barrick Gold Corp
TSX:ABX
9.2
33%
0.3
CA
Wheaton Precious Metals Corp
TSX:WPM
40.7
32%
1.3
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
AU
Canyon Resources Ltd
ASX:CAY
Average EV/EBIT: 2 853
Negative Multiple: -27
N/A N/A
RU
P
Polyus PJSC
LSE:PLZL
22 535.4
N/A N/A
ZA
G
Gold Fields Ltd
JSE:GFI
Not Available
39%
N/A
ZA
H
Harmony Gold Mining Company Ltd
JSE:HAR
Not Available
32%
N/A
CN
Zijin Mining Group Co Ltd
SSE:601899
16.7
27%
0.6
US
Newmont Corporation
NYSE:NEM
12.2
30%
0.4
AU
G
Greatland Gold PLC
ASX:GGP
167.7
-3%
N/A
CA
Agnico Eagle Mines Ltd
TSX:AEM
17
36%
0.5
CA
Barrick Mining Corp
F:ABR0
11.8
43%
0.3
CA
Barrick Gold Corp
TSX:ABX
11.7
43%
0.3
CA
Wheaton Precious Metals Corp
TSX:WPM
51.8
28%
1.9