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Westgold Resources Ltd
ASX:WGX

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Westgold Resources Ltd
ASX:WGX
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Price: 5.9 AUD -3.28% Market Closed
Market Cap: AU$5.6B

EV/S

2.2
Current
41%
More Expensive
vs 3-y average of 1.6

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
2.2
=
Enterprise Value
AU$5.3B
/
Revenue
AU$2.3B

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
2.2
=
Enterprise Value
AU$5.3B
/
Revenue
AU$2.3B

Valuation Scenarios

Westgold Resources Ltd is trading above its 3-year average

If EV/S returns to its 3-Year Average (1.6), the stock would be worth AU$4.17 (29% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-43%
Maximum Upside
+455%
Average Upside
120%
Scenario EV/S Value Implied Price Upside/Downside
Current Multiple 2.2 AU$5.9
0%
3-Year Average 1.6 AU$4.17
-29%
5-Year Average 1.3 AU$3.37
-43%
Industry Average 12.2 AU$32.76
+455%
Country Average 4.3 AU$11.61
+97%

Forward EV/S
Today’s price vs future revenue

Today's Enterprise Value Revenue Forward EV/S
AU$5.3B
/
Jan 2026
AU$2.3B
=
2.2
Current
AU$5.3B
/
Jun 2026
AU$2.5B
=
2.1
Forward
AU$5.3B
/
Jun 2027
AU$2.9B
=
1.8
Forward
AU$5.3B
/
Jun 2028
AU$3B
=
1.7
Forward

Forward EV/S shows whether today’s EV/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
EV/S
P/E
All Countries
Close
Market Cap EV/S P/E
AU
Westgold Resources Ltd
ASX:WGX
5.6B AUD 2.2 16.8
RU
Polyus PJSC
LSE:PLZL
70.4T USD 11 233 34 959.7
ZA
Gold Fields Ltd
JSE:GFI
622.9B ZAR 4.5 10.7
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
158.3B ZAR 1.9 9.7
CN
Zijin Mining Group Co Ltd
SSE:601899
907.8B CNY 2.6 14.3
US
Newmont Corporation
NYSE:NEM
117.2B USD 5 16.5
CA
Agnico Eagle Mines Ltd
TSX:AEM
129.4B CAD 7.5 20.6
CA
Barrick Gold Corp
TSX:ABX
89.7B CAD 3.7 12.9
CA
Barrick Mining Corp
F:ABR0
55.4B EUR 3.8 13.2
CA
Wheaton Precious Metals Corp
TSX:WPM
80.4B CAD 23.8 38.1
HK
Zijin Gold International Co Ltd
HKEX:2259
422.3B HKD 9.5 33.7

Market Distribution

In line with most companies in Australia
Percentile
34th
Based on 1 982 companies
34th percentile
2.2
Low
0 — 1.9
Typical Range
1.9 — 14.5
High
14.5 —
Distribution Statistics
Australia
Min 0
30th Percentile 1.9
Median 4.3
70th Percentile 14.5
Max 1 646 389.2

Westgold Resources Ltd
Glance View

Market Cap
5.6B AUD
Industry
Metals & Mining

In the vast, mineral-rich expanse of Western Australia's outback, Westgold Resources Ltd. has carved out its niche as a formidable player in the gold mining industry. Known for its strategic foresight, Westgold operates several gold mines in the renowned Eastern Goldfields region, an area celebrated for its abundant mineral deposits. The company's primary operations are consolidated within the Murchison and Bryah Basin regions, where they have honed extraction techniques to maximize efficiency and output. By leveraging cutting-edge technology and environmentally conscious practices, Westgold prides itself on steadily increasing production while minimizing impact, highlighting a balance that appeals to both investors and environmentalists alike. Central to Westgold's business model is the full-spectrum approach to mining operations. Unlike companies that solely focus on extraction, Westgold manages its entire supply chain, from exploration and development through to mining and processing. This holistic grasp allows the company to control costs better and maintain quality assurance throughout the production cycle. The gold extracted from their operations is processed into bullion, which is then sold on the global market, subject to price fluctuations influenced by a myriad of global economic factors. Through this comprehensive management, Westgold Resources not only ensures a steady revenue stream but also positions itself as a resilient entity capable of weathering the cyclical nature of the commodities market.

WGX Intrinsic Value
8.19 AUD
Undervaluation 28%
Intrinsic Value
Price AU$5.9
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