Ramelius Resources Ltd
ASX:RMS

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Ramelius Resources Ltd
ASX:RMS
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Price: 4.26 AUD -0.93% Market Closed
Market Cap: 8.2B AUD

Relative Value

The Relative Value of one RMS stock under the Base Case scenario is 5.9 AUD. Compared to the current market price of 4.26 AUD, Ramelius Resources Ltd is Undervalued by 28%.

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.

RMS Relative Value
Base Case
5.9 AUD
Undervaluation 28%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
1
vs Industry
47
Median 3Y
4.6
Median 5Y
4.6
Industry
2.1
Forward
7.6
vs History
61
vs Industry
24
Median 3Y
16.9
Median 5Y
20.3
Industry
19.3
Forward
19.9
vs History
31
vs Industry
28
Median 3Y
9.6
Median 5Y
9.7
Industry
11.2
vs History
49
vs Industry
22
Median 3Y
12.1
Median 5Y
13.7
Industry
18.5
vs History
17
vs Industry
38
Median 3Y
3.1
Median 5Y
3.3
Industry
2.2
vs History
1
vs Industry
51
Median 3Y
4.1
Median 5Y
4.3
Industry
2.5
Forward
6.9
vs History
65
vs Industry
51
Median 3Y
13
Median 5Y
13.4
Industry
8.5
vs History
73
vs Industry
26
Median 3Y
14.7
Median 5Y
15.6
Industry
12.6
Forward
10.4
vs History
73
vs Industry
26
Median 3Y
14.7
Median 5Y
15.6
Industry
15.2
Forward
16.5
vs History
34
vs Industry
31
Median 3Y
8.8
Median 5Y
8.9
Industry
12.6
vs History
66
vs Industry
22
Median 3Y
12.3
Median 5Y
22
Industry
16.9
vs History
14
vs Industry
36
Median 3Y
3.1
Median 5Y
3.3
Industry
1.9

Multiples Across Competitors

RMS Competitors Multiples
Ramelius 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
Ramelius Resources Ltd
ASX:RMS
8.2B AUD 6.8 17.3 11.3 11.3
RU
Polyus PJSC
LSE:PLZL
70.4T USD 11 805 36 739.6 20 268.2 23 259.1
ZA
Gold Fields Ltd
JSE:GFI
675.2B Zac 0 0 0 0
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
215.8B Zac 0 0 0 0
CN
Zijin Mining Group Co Ltd
SSE:601899
973.8B CNY 3 21.4 18.6 18.6
US
Newmont Corporation
NYSE:NEM
119.2B USD 5.5 16.6 10 12.8
AU
Greatland Gold PLC
ASX:GGP
142.5B AUD 74.3 211 152 170.6
CA
Agnico Eagle Mines Ltd
TSX:AEM
125.3B CAD 8.6 26.3 13 17
CA
Barrick Gold Corp
TSX:ABX
111.3B CAD 5.5 22.5 9.6 12.3
CA
Barrick Mining Corp
F:ABR0
68.1B EUR 5.4 22.2 9.5 12.1
CA
Wheaton Precious Metals Corp
TSX:WPM
78.6B CAD 31.1 56.8 41.6 52.9
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
AU
Ramelius Resources Ltd
ASX:RMS
Average EV/EBITDA: 2 281.5
11.3
23%
0.5
RU
P
Polyus PJSC
LSE:PLZL
20 268.2
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
31%
N/A
CN
Zijin Mining Group Co Ltd
SSE:601899
18.6
34%
0.5
US
Newmont Corporation
NYSE:NEM
10
25%
0.4
AU
G
Greatland Gold PLC
ASX:GGP
152
-5%
N/A
CA
Agnico Eagle Mines Ltd
TSX:AEM
13
27%
0.5
CA
Barrick Gold Corp
TSX:ABX
9.6
33%
0.3
CA
Barrick Mining Corp
F:ABR0
9.5
33%
0.3
CA
Wheaton Precious Metals Corp
TSX:WPM
41.6
32%
1.3
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
AU
Ramelius Resources Ltd
ASX:RMS
Average EV/EBIT: 2 618.5
11.3
5%
2.3
RU
P
Polyus PJSC
LSE:PLZL
23 259.1
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
18.6
28%
0.7
US
Newmont Corporation
NYSE:NEM
12.8
29%
0.4
AU
G
Greatland Gold PLC
ASX:GGP
170.6
-3%
N/A
CA
Agnico Eagle Mines Ltd
TSX:AEM
17
38%
0.4
CA
Barrick Gold Corp
TSX:ABX
12.3
43%
0.3
CA
Barrick Mining Corp
F:ABR0
12.1
43%
0.3
CA
Wheaton Precious Metals Corp
TSX:WPM
52.9
28%
1.9