Fresnillo PLC
LSE:FRES

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Fresnillo PLC Logo
Fresnillo PLC
LSE:FRES
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Price: 1 030 GBX -2.28% Market Closed
Market Cap: 7.6B GBX

Relative Value

The Relative Value of one FRES stock under the Base Case scenario is 1 679.4 GBX. Compared to the current market price of 1 030 GBX, Fresnillo PLC is Undervalued by 39%.

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.

FRES Relative Value
Base Case
1 679.4 GBX
Undervaluation 39%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
30
vs Industry
46
Median 3Y
2.2
Median 5Y
2.6
Industry
1.8
Forward
0
vs History
0
vs Industry
3
Median 3Y
24.6
Median 5Y
24.5
Industry
15.7
Forward
0.1
vs History
74
vs Industry
21
Median 3Y
10.2
Median 5Y
9.8
Industry
9.6
vs History
30
vs Industry
16
Median 3Y
-10.1
Median 5Y
9.3
Industry
16
vs History
11
vs Industry
27
Median 3Y
1.7
Median 5Y
1.9
Industry
1.5
vs History
34
vs Industry
34
Median 3Y
5.4
Median 5Y
6.3
Industry
2.1
Forward
0.1
vs History
46
vs Industry
16
Median 3Y
20.5
Median 5Y
20.4
Industry
7
vs History
42
vs Industry
11
Median 3Y
16.5
Median 5Y
16.1
Industry
10.1
Forward
0.2
vs History
46
vs Industry
8
Median 3Y
27.6
Median 5Y
27.4
Industry
13
Forward
0.2
vs History
46
vs Industry
12
Median 3Y
19.6
Median 5Y
19.6
Industry
11
vs History
38
vs Industry
9
Median 3Y
-0.8
Median 5Y
8.6
Industry
14.3
vs History
23
vs Industry
15
Median 3Y
2.8
Median 5Y
4.1
Industry
1.3

Multiples Across Competitors

FRES Competitors Multiples
Fresnillo PLC Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
MX
Fresnillo PLC
LSE:FRES
7.6B GBP 2.9 71.6 16.8 28
ZA
Anglo American Platinum Ltd
JSE:AMS
167B Zac 0 0 0 0
ZA
Impala Platinum Holdings Ltd
JSE:IMP
96.2B Zac 0 0 0 0
ZA
Sibanye Stillwater Ltd
JSE:SSW
65.9B Zac 0 0 0 0
ZA
Northam Platinum Holdings Ltd
JSE:NPH
50.2B Zac 0 0 0 0
ZA
Royal Bafokeng Platinum Ltd
JSE:RBP
36.7B Zac 0 0 0 0
MX
Industrias Penoles SAB de CV
BMV:PE&OLES
168B MXN 1.3 117 4.9 8.5
RU
AK Alrosa PAO
MOEX:ALRS
346.7B RUB 0.7 2.9 1.8 2.2
CY
Tharisa PLC
JSE:THA
4.1B Zac 0 0 0 0
CA
Silvercrest Metals Inc
TSX:SIL
2.2B CAD 5.7 18.3 8.6 10.5
CN
Sino-Platinum Metals Co Ltd
SSE:600459
10.2B CNY 0.2 17.4 14.9 14.9
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
MX
Fresnillo PLC
LSE:FRES
Average EV/EBITDA: 9.4
16.8
-1%
N/A
ZA
A
Anglo American Platinum Ltd
JSE:AMS
Not Available
25%
N/A
ZA
I
Impala Platinum Holdings Ltd
JSE:IMP
Not Available
30%
N/A
ZA
S
Sibanye Stillwater Ltd
JSE:SSW
Not Available
19%
N/A
ZA
N
Northam Platinum Holdings Ltd
JSE:NPH
Not Available
28%
N/A
ZA
R
Royal Bafokeng Platinum Ltd
JSE:RBP
Not Available
-5%
N/A
MX
I
Industrias Penoles SAB de CV
BMV:PE&OLES
4.9
8%
0.6
RU
A
AK Alrosa PAO
MOEX:ALRS
1.8
N/A N/A
CY
T
Tharisa PLC
JSE:THA
Not Available
4%
N/A
CA
Silvercrest Metals Inc
TSX:SIL
8.6
4%
2.1
CN
Sino-Platinum Metals Co Ltd
SSE:600459
14.9
N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
MX
Fresnillo PLC
LSE:FRES
Average EV/EBIT: 12.8
28
11%
2.5
ZA
A
Anglo American Platinum Ltd
JSE:AMS
Not Available
9%
N/A
ZA
I
Impala Platinum Holdings Ltd
JSE:IMP
Not Available
68%
N/A
ZA
S
Sibanye Stillwater Ltd
JSE:SSW
Not Available
37%
N/A
ZA
N
Northam Platinum Holdings Ltd
JSE:NPH
Not Available
24%
N/A
ZA
R
Royal Bafokeng Platinum Ltd
JSE:RBP
Not Available
-10%
N/A
MX
I
Industrias Penoles SAB de CV
BMV:PE&OLES
8.5
2%
4.2
RU
A
AK Alrosa PAO
MOEX:ALRS
2.2
N/A N/A
CY
T
Tharisa PLC
JSE:THA
Not Available
1%
N/A
CA
Silvercrest Metals Inc
TSX:SIL
10.5
11%
1
CN
Sino-Platinum Metals Co Ltd
SSE:600459
14.9
N/A N/A