Agnico Eagle Mines Ltd
TSX:AEM

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Agnico Eagle Mines Ltd Logo
Agnico Eagle Mines Ltd
TSX:AEM
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Price: 234.75 CAD 3.67% Market Closed
Market Cap: 118B CAD
Section:
 

Relative Value

The Relative Value of one AEM stock under the Base Case scenario is 222.57 CAD. Compared to the current market price of 234.75 CAD, Agnico Eagle Mines Ltd is Overvalued by 5%.

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
222.57 CAD
Overvaluation 5%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

8.1
P/S
P/S
Price to Sales
8.1
vs History
1
vs Industry
36
Median 3Y
4.7
Median 5Y
4.4
Industry
2
Forward
7.3
More Details
24.8
P/E
P/E
Price to Earnings
24.8
vs History
42
vs Industry
9
Median 3Y
24.6
Median 5Y
24.6
Industry
18.8
Forward
21.1
More Details
14.7
P/OCF
P/OCF
Price to OCF
14.7
vs History
9
vs Industry
13
Median 3Y
11.8
Median 5Y
11.5
Industry
11.1
More Details
37.5
P/FCFE
P/FCFE
Price to FCFE
37.5
vs History
36
vs Industry
7
Median 3Y
35.4
Median 5Y
35.4
Industry
18.3
More Details
3.6
P/B
P/B
Price to Book Value
3.6
vs History
1
vs Industry
25
Median 3Y
1.6
Median 5Y
1.9
Industry
2.1
More Details
7.9
EV/S
EV/S
Enterprise Value to Sales
7.9
vs History
1
vs Industry
35
Median 3Y
4.8
Median 5Y
4.6
Industry
2.4
Forward
7.1
More Details
11.2
EV/GP
EV/GP
Enterprise Value to Gross Profit
11.2
vs History
6
vs Industry
28
Median 3Y
8.6
Median 5Y
8.2
Industry
8.2
More Details
12.2
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
12.2
vs History
9
vs Industry
15
Median 3Y
9.8
Median 5Y
9.6
Industry
12.1
Forward
10.5
More Details
16
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
16
vs History
39
vs Industry
13
Median 3Y
15.9
Median 5Y
15.8
Industry
14.9
Forward
13.4
More Details
14.3
EV/OCF
EV/OCF
Enterprise Value to OCF
14.3
vs History
12
vs Industry
15
Median 3Y
12.1
Median 5Y
11.8
Industry
12.3
More Details
22.9
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
22.9
vs History
74
vs Industry
9
Median 3Y
29.1
Median 5Y
30.5
Industry
16.8
More Details
2.9
EV/IC
EV/IC
Enterprise Value to IC
2.9
vs History
1
vs Industry
30
Median 3Y
1.2
Median 5Y
1.4
Industry
1.9
More Details

Multiples Across Competitors

AEM Competitors Multiples
Agnico Eagle Mines Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Agnico Eagle Mines Ltd
TSX:AEM
117.9B CAD 8.1 24.8 12.2 16
RU
Polyus PJSC
LSE:PLZL
70.4T USD 11 767.7 36 623.5 20 204.1 23 185.5
ZA
Gold Fields Ltd
JSE:GFI
653.9B Zac 0 0 0 0
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
211.2B Zac 0 0 0 0
CN
Zijin Mining Group Co Ltd
SSE:601899
841.2B CNY 2.6 18.5 16.4 16.4
US
Newmont Corporation
NYSE:NEM
108.5B USD 5 15.1 9.1 11.6
AU
Greatland Gold PLC
ASX:GGP
124.8B AUD 64.9 184.3 132.7 149
CA
Barrick Mining Corp
F:ABR0
62.8B EUR 5 20.6 8.8 11.2
CA
Barrick Gold Corp
TSX:ABX
100.3B CAD 5 20.3 8.7 11.1
CA
Wheaton Precious Metals Corp
TSX:WPM
73.3B CAD 29.1 53.2 38.8 49.5
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: 2 553.9
12.2
27%
0.5
RU
P
Polyus PJSC
LSE:PLZL
20 204.1
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
16.4
33%
0.5
US
Newmont Corporation
NYSE:NEM
9.1
24%
0.4
AU
G
Greatland Gold PLC
ASX:GGP
132.7
-5%
N/A
CA
Barrick Mining Corp
F:ABR0
8.8
33%
0.3
CA
Barrick Gold Corp
TSX:ABX
8.7
33%
0.3
CA
Wheaton Precious Metals Corp
TSX:WPM
38.8
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: 2 931.3
16
36%
0.4
RU
P
Polyus PJSC
LSE:PLZL
23 185.5
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
16.4
27%
0.6
US
Newmont Corporation
NYSE:NEM
11.6
30%
0.4
AU
G
Greatland Gold PLC
ASX:GGP
149
-3%
N/A
CA
Barrick Mining Corp
F:ABR0
11.2
43%
0.3
CA
Barrick Gold Corp
TSX:ABX
11.1
43%
0.3
CA
Wheaton Precious Metals Corp
TSX:WPM
49.5
28%
1.8
HK
Z
Zijin Gold International Co Ltd
HKEX:2259
Not Available N/A N/A

See Also

Summary
AEM intrinsic value, competitors valuation, and company profile.
DCF Valuation
AEM stock valuation using Discount Cash Flow valuation method.
Relative Valuation
AEM stock valuation using valuation multiples.
Wall Street Estimates
AEM 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
AEM 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
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