Agnico Eagle Mines Ltd
NYSE:AEM

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Agnico Eagle Mines Ltd
NYSE:AEM
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Price: 166.53 USD -1.11% Market Closed
Market Cap: 83.2B USD

Relative Value

The Relative Value of one AEM stock under the Base Case scenario is 162.2 USD. Compared to the current market price of 166.53 USD, Agnico Eagle Mines Ltd is Overvalued by 3%.

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.

AEM Relative Value
Base Case
162.2 USD
Overvaluation 3%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
3
vs Industry
36
Median 3Y
4.7
Median 5Y
4.4
Industry
2
Forward
7.1
vs History
52
vs Industry
9
Median 3Y
24.6
Median 5Y
24.6
Industry
18.8
Forward
20.7
vs History
11
vs Industry
13
Median 3Y
11.8
Median 5Y
11.5
Industry
10.9
vs History
41
vs Industry
7
Median 3Y
35.4
Median 5Y
35.4
Industry
18.4
vs History
3
vs Industry
25
Median 3Y
1.6
Median 5Y
1.9
Industry
2.1
vs History
3
vs Industry
35
Median 3Y
4.8
Median 5Y
4.6
Industry
2.5
Forward
7
vs History
9
vs Industry
28
Median 3Y
8.6
Median 5Y
8.2
Industry
8.3
vs History
12
vs Industry
15
Median 3Y
9.8
Median 5Y
9.6
Industry
12.3
Forward
10.2
vs History
52
vs Industry
13
Median 3Y
15.9
Median 5Y
15.8
Industry
14.9
Forward
13.1
vs History
15
vs Industry
15
Median 3Y
12.1
Median 5Y
11.8
Industry
12.4
vs History
80
vs Industry
9
Median 3Y
29.1
Median 5Y
30.5
Industry
16.8
vs History
3
vs Industry
30
Median 3Y
1.2
Median 5Y
1.4
Industry
1.9

Multiples Across Competitors

AEM Competitors Multiples
Agnico Eagle Mines 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
CA
Agnico Eagle Mines Ltd
NYSE:AEM
115B USD 7.9 24.3 11.9 15.6
RU
Polyus PJSC
LSE:PLZL
70.4T USD 11 591.7 36 075.8 19 901.9 22 838.8
ZA
Gold Fields Ltd
JSE:GFI
661.2B Zac 0 0 0 0
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
211.3B Zac 0 0 0 0
CN
Zijin Mining Group Co Ltd
SSE:601899
821.8B CNY 2.5 18 16.1 16.1
US
Newmont Corporation
NYSE:NEM
107B USD 5 14.9 9 11.4
AU
Greatland Gold PLC
ASX:GGP
122.5B AUD 63.2 179.6 129.4 145.2
CA
Barrick Gold Corp
TSX:ABX
99.6B CAD 5 20.2 8.7 11
CA
Barrick Mining Corp
F:ABR0
62B EUR 5 20.3 8.7 11.1
CA
Wheaton Precious Metals Corp
TSX:WPM
71.6B CAD 28.4 51.9 37.9 48.3
HK
Zijin Gold International Co Ltd
HKEX:2259
368.3B HKD 0 0 0 0
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Agnico Eagle Mines Ltd
NYSE:AEM
Average EV/EBITDA: 2 515.4
11.9
27%
0.4
RU
P
Polyus PJSC
LSE:PLZL
19 901.9
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
16.1
33%
0.5
US
Newmont Corporation
NYSE:NEM
9
24%
0.4
AU
G
Greatland Gold PLC
ASX:GGP
129.4
-5%
N/A
CA
Barrick Gold Corp
TSX:ABX
8.7
33%
0.3
CA
Barrick Mining Corp
F:ABR0
8.7
33%
0.3
CA
Wheaton Precious Metals Corp
TSX:WPM
37.9
32%
1.2
HK
Z
Zijin Gold International Co Ltd
HKEX:2259
Not Available N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Agnico Eagle Mines Ltd
NYSE:AEM
Average EV/EBIT: 2 887.2
15.6
36%
0.4
RU
P
Polyus PJSC
LSE:PLZL
22 838.8
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
16.1
27%
0.6
US
Newmont Corporation
NYSE:NEM
11.4
30%
0.4
AU
G
Greatland Gold PLC
ASX:GGP
145.2
-3%
N/A
CA
Barrick Gold Corp
TSX:ABX
11
43%
0.3
CA
Barrick Mining Corp
F:ABR0
11.1
43%
0.3
CA
Wheaton Precious Metals Corp
TSX:WPM
48.3
28%
1.7
HK
Z
Zijin Gold International Co Ltd
HKEX:2259
Not Available N/A N/A