Westgold Resources Ltd
ASX:WGX

Watchlist Manager
Westgold Resources Ltd Logo
Westgold Resources Ltd
ASX:WGX
Watchlist
Price: 2.77 AUD
Market Cap: 2.6B AUD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one WGX stock under the Base Case scenario is 6.14 AUD. Compared to the current market price of 2.77 AUD, Westgold Resources Ltd is Undervalued by 55%.

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.

WGX Relative Value
Base Case
6.14 AUD
Undervaluation 55%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

1.6
P/S
P/S
Price to Sales
1.6
vs History
36
vs Industry
49
Median 3Y
1.5
Median 5Y
1.5
Industry
1.8
Forward
1.8
More Details
21
P/E
P/E
Price to Earnings
21
vs History
33
vs Industry
4
Median 3Y
16.3
Median 5Y
15.8
Industry
16.4
Forward
12
More Details
28.1
P/OCF
P/OCF
Price to OCF
28.1
vs History
4
vs Industry
17
Median 3Y
4.7
Median 5Y
4.2
Industry
9.7
More Details
Negative
P/FCFE
P/FCFE
Price to FCFE
N/A
vs History
vs Industry
Median 3Y
-9.9
Median 5Y
-12.3
Industry
16.2
More Details
1.3
P/B
P/B
Price to Book Value
1.3
vs History
61
vs Industry
42
Median 3Y
1.3
Median 5Y
1.4
Industry
1.7
More Details
1.5
EV/S
EV/S
Enterprise Value to Sales
1.5
vs History
28
vs Industry
49
Median 3Y
1.2
Median 5Y
1.3
Industry
2.1
Forward
1.7
More Details
7.2
EV/GP
EV/GP
Enterprise Value to Gross Profit
7.2
vs History
65
vs Industry
30
Median 3Y
7.8
Median 5Y
8.1
Industry
7.4
More Details
9.5
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
9.5
vs History
47
vs Industry
15
Median 3Y
9.6
Median 5Y
9.6
Industry
10.6
Forward
4.3
More Details
9.5
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
9.5
vs History
47
vs Industry
17
Median 3Y
9.6
Median 5Y
9.6
Industry
13.5
Forward
7.2
More Details
26.7
EV/OCF
EV/OCF
Enterprise Value to OCF
26.7
vs History
4
vs Industry
22
Median 3Y
3.6
Median 5Y
3.6
Industry
11
More Details
Negative
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
N/A
vs History
vs Industry
Median 3Y
-15.6
Median 5Y
-15.6
Industry
14.6
More Details
0.9
EV/IC
EV/IC
Enterprise Value to IC
0.9
vs History
71
vs Industry
48
Median 3Y
1
Median 5Y
1.1
Industry
1.4
More Details

Multiples Across Competitors

WGX Competitors Multiples
Westgold Resources Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
AU
Westgold Resources Ltd
ASX:WGX
2.6B AUD 1.6 21 9.5 9.5
RU
Polyus PJSC
LSE:PLZL
70.4T USD 11 372.4 35 393.3 19 525.4 22 406.7
ZA
Gold Fields Ltd
JSE:GFI
379.8B Zac 0 0 0 0
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
157.3B Zac 0 0 0 0
CN
Zijin Mining Group Co Ltd
SSE:601899
500.7B CNY 1.6 13.9 11.8 11.8
US
Newmont Corporation
NYSE:NEM
66.8B USD 3.4 13.2 7.4 10.1
CA
Agnico Eagle Mines Ltd
TSX:AEM
81.2B CAD 6.7 25.2 11.1 15.8
AU
Greatland Gold PLC
ASX:GGP
84.6B AUD 4 953.6 4 759.5 -3 581.5 -2 888
CA
Wheaton Precious Metals Corp
TSX:WPM
55.7B CAD 28 65.9 39.2 52.8
CA
Barrick Gold Corp
TSX:ABX
49.5B CAD 2.7 15.6 5.5 7.6
RU
Polyus PAO
MOEX:PLZL
2.5T RUB 3.6 8.3 6.3 6.9
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
AU
Westgold Resources Ltd
ASX:WGX
Average EV/EBITDA: 2 452
9.5
94%
0.1
RU
P
Polyus PJSC
LSE:PLZL
19 525.4
N/A N/A
ZA
G
Gold Fields Ltd
JSE:GFI
Not Available
17%
N/A
ZA
H
Harmony Gold Mining Company Ltd
JSE:HAR
Not Available
27%
N/A
CN
Zijin Mining Group Co Ltd
SSE:601899
11.8
26%
0.5
US
Newmont Corporation
NYSE:NEM
7.4
6%
1.2
CA
Agnico Eagle Mines Ltd
TSX:AEM
11.1
9%
1.2
AU
G
Greatland Gold PLC
ASX:GGP
Negative Multiple: -3 581.5 N/A N/A
CA
Wheaton Precious Metals Corp
TSX:WPM
39.2
18%
2.2
CA
Barrick Gold Corp
TSX:ABX
5.5
16%
0.3
RU
Polyus PAO
MOEX:PLZL
6.3
N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
AU
Westgold Resources Ltd
ASX:WGX
Average EV/EBIT: 2 815.1
9.5
58%
0.2
RU
P
Polyus PJSC
LSE:PLZL
22 406.7
N/A N/A
ZA
G
Gold Fields Ltd
JSE:GFI
Not Available
18%
N/A
ZA
H
Harmony Gold Mining Company Ltd
JSE:HAR
Not Available
34%
N/A
CN
Zijin Mining Group Co Ltd
SSE:601899
11.8
19%
0.6
US
Newmont Corporation
NYSE:NEM
10.1
7%
1.4
CA
Agnico Eagle Mines Ltd
TSX:AEM
15.8
12%
1.3
AU
G
Greatland Gold PLC
ASX:GGP
Negative Multiple: -2 888 N/A N/A
CA
Wheaton Precious Metals Corp
TSX:WPM
52.8
16%
3.3
CA
Barrick Gold Corp
TSX:ABX
7.6
14%
0.5
RU
Polyus PAO
MOEX:PLZL
6.9
N/A N/A

See Also

Summary
WGX intrinsic value, competitors valuation, and company profile.
DCF Valuation
WGX stock valuation using Discount Cash Flow valuation method.
Relative Valuation
WGX stock valuation using valuation multiples.
Wall Street Estimates
WGX price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
WGX stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
Back to Top
ALPHA SPREAD
Follow us
Join more than 266,900+ value investors using Alpha Spread
Create Free Account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2025 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.