Agnico Eagle Mines Ltd
TSX:AEM

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Agnico Eagle Mines Ltd
TSX:AEM
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Price: 241.5 CAD 3.88% Market Closed
Market Cap: 121.1B CAD

Relative Value

The Relative Value of one AEM stock under the Base Case scenario is 225.14 CAD. Compared to the current market price of 241.5 CAD, Agnico Eagle Mines Ltd is Overvalued by 7%.

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
225.14 CAD
Overvaluation 7%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
0
vs Industry
36
Median 3Y
4.7
Median 5Y
4.4
Industry
2
Forward
7.5
vs History
39
vs Industry
9
Median 3Y
24.6
Median 5Y
24.6
Industry
18.8
Forward
21.7
vs History
6
vs Industry
13
Median 3Y
11.8
Median 5Y
11.5
Industry
10.9
vs History
34
vs Industry
7
Median 3Y
35.4
Median 5Y
35.4
Industry
18.2
vs History
0
vs Industry
25
Median 3Y
1.6
Median 5Y
1.9
Industry
2.1
vs History
0
vs Industry
35
Median 3Y
4.8
Median 5Y
4.6
Industry
2.5
Forward
7.3
vs History
3
vs Industry
28
Median 3Y
8.6
Median 5Y
8.2
Industry
8.3
vs History
6
vs Industry
15
Median 3Y
9.8
Median 5Y
9.6
Industry
12.3
Forward
10.8
vs History
30
vs Industry
13
Median 3Y
15.9
Median 5Y
15.8
Industry
14.9
Forward
13.8
vs History
7
vs Industry
15
Median 3Y
12.1
Median 5Y
11.8
Industry
12.2
vs History
68
vs Industry
9
Median 3Y
29.1
Median 5Y
30.5
Industry
16.4
vs History
0
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
TSX:AEM
121.2B CAD 8.3 25.5 12.5 16.4
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
662.4B Zac 0 0 0 0
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
212.8B Zac 0 0 0 0
CN
Zijin Mining Group Co Ltd
SSE:601899
860.9B CNY 2.6 18.9 16.7 16.7
US
Newmont Corporation
NYSE:NEM
110.5B USD 5.1 15.4 9.3 11.8
AU
Greatland Gold PLC
ASX:GGP
139.5B AUD 72 204.6 147.4 165.4
CA
Barrick Gold Corp
TSX:ABX
104B CAD 5.2 21 9 11.5
CA
Barrick Mining Corp
F:ABR0
65B EUR 5.2 21.2 9.1 11.6
CA
Wheaton Precious Metals Corp
TSX:WPM
74.9B CAD 29.6 54.2 39.6 50.4
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
TSX:AEM
Average EV/EBITDA: 2 564
12.5
27%
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
30%
N/A
CN
Zijin Mining Group Co Ltd
SSE:601899
16.7
33%
0.5
US
Newmont Corporation
NYSE:NEM
9.3
24%
0.4
AU
G
Greatland Gold PLC
ASX:GGP
147.4
-5%
N/A
CA
Barrick Gold Corp
TSX:ABX
9
33%
0.3
CA
Barrick Mining Corp
F:ABR0
9.1
33%
0.3
CA
Wheaton Precious Metals Corp
TSX:WPM
39.6
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
TSX:AEM
Average EV/EBIT: 2 942.9
16.4
36%
0.5
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
16.7
27%
0.6
US
Newmont Corporation
NYSE:NEM
11.8
30%
0.4
AU
G
Greatland Gold PLC
ASX:GGP
165.4
-3%
N/A
CA
Barrick Gold Corp
TSX:ABX
11.5
43%
0.3
CA
Barrick Mining Corp
F:ABR0
11.6
43%
0.3
CA
Wheaton Precious Metals Corp
TSX:WPM
50.4
28%
1.8
HK
Z
Zijin Gold International Co Ltd
HKEX:2259
Not Available N/A N/A