Agnico Eagle Mines Ltd
TSX:AEM

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Agnico Eagle Mines Ltd Logo
Agnico Eagle Mines Ltd
TSX:AEM
Watchlist
Price: 161.61 CAD -0.86% Market Closed
Market Cap: 81.2B CAD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one AEM stock under the Base Case scenario is 139.1 CAD. Compared to the current market price of 161.61 CAD, Agnico Eagle Mines Ltd is Overvalued by 14%.

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
139.1 CAD
Overvaluation 14%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

6.6
P/S
P/S
Price to Sales
6.6
vs History
3
vs Industry
36
Median 3Y
4.4
Median 5Y
4.4
Industry
1.8
Forward
5.7
More Details
25.1
P/E
P/E
Price to Earnings
25.1
vs History
49
vs Industry
9
Median 3Y
25.5
Median 5Y
25.2
Industry
16.6
Forward
22.2
More Details
14
P/OCF
P/OCF
Price to OCF
14
vs History
17
vs Industry
13
Median 3Y
11.5
Median 5Y
11.5
Industry
9.8
More Details
38.7
P/FCFE
P/FCFE
Price to FCFE
38.7
vs History
39
vs Industry
7
Median 3Y
35.6
Median 5Y
35.6
Industry
16.4
More Details
2.7
P/B
P/B
Price to Book Value
2.7
vs History
15
vs Industry
25
Median 3Y
1.5
Median 5Y
1.9
Industry
1.7
More Details
6.6
EV/S
EV/S
Enterprise Value to Sales
6.6
vs History
4
vs Industry
35
Median 3Y
4.6
Median 5Y
4.6
Industry
2.2
Forward
5.7
More Details
10.1
EV/GP
EV/GP
Enterprise Value to Gross Profit
10.1
vs History
17
vs Industry
28
Median 3Y
8.2
Median 5Y
8.2
Industry
7.6
More Details
11.1
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
11.1
vs History
20
vs Industry
15
Median 3Y
9.6
Median 5Y
9.6
Industry
10.8
Forward
9.2
More Details
15.7
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
15.7
vs History
52
vs Industry
13
Median 3Y
15.8
Median 5Y
15.9
Industry
13.8
Forward
12.6
More Details
14
EV/OCF
EV/OCF
Enterprise Value to OCF
14
vs History
20
vs Industry
15
Median 3Y
12
Median 5Y
12
Industry
11.2
More Details
25.5
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
25.5
vs History
71
vs Industry
9
Median 3Y
32.1
Median 5Y
32.1
Industry
15
More Details
2.1
EV/IC
EV/IC
Enterprise Value to IC
2.1
vs History
7
vs Industry
30
Median 3Y
1.1
Median 5Y
1.4
Industry
1.5
More Details

Multiples Across Competitors

AEM Competitors Multiples
Agnico Eagle Mines Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Agnico Eagle Mines Ltd
TSX:AEM
81.2B CAD 6.6 25.1 11.1 15.7
RU
Polyus PJSC
LSE:PLZL
70.4T USD 11 541.1 35 918.1 19 815 22 739
ZA
Gold Fields Ltd
JSE:GFI
387.7B Zac 0 0 0 0
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
154.6B Zac 0 0 0 0
CN
Zijin Mining Group Co Ltd
SSE:601899
517.5B CNY 1.7 14.4 12.1 12.1
US
Newmont Corporation
NYSE:NEM
65.2B USD 3.3 12.9 7.2 9.8
AU
Greatland Gold PLC
ASX:GGP
87.2B AUD 5 108.9 4 908.8 -3 694.1 -2 978.8
CA
Wheaton Precious Metals Corp
TSX:WPM
55B CAD 27.5 64.8 38.5 51.8
CA
Barrick Gold Corp
TSX:ABX
48.9B CAD 2.7 15.3 5.4 7.4
RU
Polyus PAO
MOEX:PLZL
2.6T RUB 3.8 8.6 6.5 7.2
CA
Franco-Nevada Corp
TSX:FNV
40.8B CAD 24.3 48.2 27.4 35.4
P/S Multiple
Revenue Growth P/S to Growth
CA
Agnico Eagle Mines Ltd
TSX:AEM
Average P/S: 1 857.8
6.6
7%
0.9
RU
P
Polyus PJSC
LSE:PLZL
11 541.1
N/A N/A
ZA
G
Gold Fields Ltd
JSE:GFI
Not Available
13%
N/A
ZA
H
Harmony Gold Mining Company Ltd
JSE:HAR
Not Available
13%
N/A
CN
Zijin Mining Group Co Ltd
SSE:601899
1.7
9%
0.2
US
Newmont Corporation
NYSE:NEM
3.3
2%
1.7
AU
G
Greatland Gold PLC
ASX:GGP
5 108.9
N/A N/A
CA
Wheaton Precious Metals Corp
TSX:WPM
27.5
15%
1.8
CA
Barrick Gold Corp
TSX:ABX
2.7
10%
0.3
RU
Polyus PAO
MOEX:PLZL
3.8
N/A N/A
CA
Franco-Nevada Corp
TSX:FNV
24.3
7%
3.5
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Agnico Eagle Mines Ltd
TSX:AEM
Average EV/EBITDA: 2 490.4
11.1
9%
1.2
RU
P
Polyus PJSC
LSE:PLZL
19 815
N/A N/A
ZA
G
Gold Fields Ltd
JSE:GFI
Not Available
17%
N/A
ZA
H
Harmony Gold Mining Company Ltd
JSE:HAR
Not Available
27%
N/A
CN
Zijin Mining Group Co Ltd
SSE:601899
12.1
26%
0.5
US
Newmont Corporation
NYSE:NEM
7.2
6%
1.2
AU
G
Greatland Gold PLC
ASX:GGP
Negative Multiple: -3 694.1 N/A N/A
CA
Wheaton Precious Metals Corp
TSX:WPM
38.5
18%
2.1
CA
Barrick Gold Corp
TSX:ABX
5.4
16%
0.3
RU
Polyus PAO
MOEX:PLZL
6.5
N/A N/A
CA
Franco-Nevada Corp
TSX:FNV
27.4
17%
1.6
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Agnico Eagle Mines Ltd
TSX:AEM
Average EV/EBIT: 2 859.8
15.7
12%
1.3
RU
P
Polyus PJSC
LSE:PLZL
22 739
N/A N/A
ZA
G
Gold Fields Ltd
JSE:GFI
Not Available
18%
N/A
ZA
H
Harmony Gold Mining Company Ltd
JSE:HAR
Not Available
34%
N/A
CN
Zijin Mining Group Co Ltd
SSE:601899
12.1
19%
0.6
US
Newmont Corporation
NYSE:NEM
9.8
7%
1.4
AU
G
Greatland Gold PLC
ASX:GGP
Negative Multiple: -2 978.8 N/A N/A
CA
Wheaton Precious Metals Corp
TSX:WPM
51.8
16%
3.2
CA
Barrick Gold Corp
TSX:ABX
7.4
14%
0.5
RU
Polyus PAO
MOEX:PLZL
7.2
N/A N/A
CA
Franco-Nevada Corp
TSX:FNV
35.4
14%
2.5

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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