Agnico Eagle Mines Ltd
TSX:AEM

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Agnico Eagle Mines Ltd Logo
Agnico Eagle Mines Ltd
TSX:AEM
Watchlist
Price: 148.81 CAD 0.07% Market Closed
Market Cap: 74.8B 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 134.71 CAD. Compared to the current market price of 148.81 CAD, Agnico Eagle Mines Ltd is Overvalued by 9%.

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
134.71 CAD
Overvaluation 9%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

6
P/S
P/S
Price to Sales
6
vs History
12
vs Industry
36
Median 3Y
4.4
Median 5Y
4.4
Industry
1.8
Forward
5.2
More Details
22.7
P/E
P/E
Price to Earnings
22.7
vs History
58
vs Industry
9
Median 3Y
31.4
Median 5Y
24.8
Industry
15.9
Forward
20.1
More Details
12.7
P/OCF
P/OCF
Price to OCF
12.7
vs History
26
vs Industry
13
Median 3Y
11.5
Median 5Y
11.5
Industry
9.5
More Details
35
P/FCFE
P/FCFE
Price to FCFE
35
vs History
46
vs Industry
7
Median 3Y
35.6
Median 5Y
33.8
Industry
15.8
More Details
2.5
P/B
P/B
Price to Book Value
2.5
vs History
23
vs Industry
25
Median 3Y
1.5
Median 5Y
1.9
Industry
1.6
More Details
6
EV/S
EV/S
Enterprise Value to Sales
6
vs History
12
vs Industry
35
Median 3Y
4.6
Median 5Y
4.6
Industry
2.2
Forward
5.2
More Details
9.1
EV/GP
EV/GP
Enterprise Value to Gross Profit
9.1
vs History
30
vs Industry
28
Median 3Y
8.2
Median 5Y
8.2
Industry
7.1
More Details
10
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
10
vs History
39
vs Industry
15
Median 3Y
9.6
Median 5Y
9.6
Industry
10.1
Forward
9.3
More Details
14.2
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
14.2
vs History
79
vs Industry
13
Median 3Y
15.9
Median 5Y
16
Industry
12.9
Forward
11.8
More Details
12.7
EV/OCF
EV/OCF
Enterprise Value to OCF
12.7
vs History
31
vs Industry
15
Median 3Y
12
Median 5Y
11.8
Industry
10.8
More Details
23
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
23
vs History
80
vs Industry
9
Median 3Y
34.8
Median 5Y
33.2
Industry
13.8
More Details
1.9
EV/IC
EV/IC
Enterprise Value to IC
1.9
vs History
19
vs Industry
30
Median 3Y
1.1
Median 5Y
1.4
Industry
1.4
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
74.8B CAD 6 22.7 10 14.2
RU
Polyus PJSC
LSE:PLZL
70.4T USD 11 877.7 36 965.8 20 392.9 23 402.2
ZA
Gold Fields Ltd
JSE:GFI
328.7B Zac 0 0 0 0
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
160B Zac 0 0 0 0
CN
Zijin Mining Group Co Ltd
SSE:601899
463B CNY 1.5 12.9 11 11
US
Newmont Corporation
NYSE:NEM
56.1B USD 2.9 11.1 6.3 8.5
CA
Wheaton Precious Metals Corp
TSX:WPM
49.8B CAD 24.5 57.6 34.1 45.9
CA
Barrick Gold Corp
TSX:ABX
42.9B CAD 2.3 13.2 4.7 6.4
CA
Franco-Nevada Corp
TSX:FNV
42.9B CAD 25.1 49.8 28.3 36.6
RU
Polyus PAO
MOEX:PLZL
2.3T RUB 3.3 7.6 5.9 6.5
ZA
DRDGOLD Ltd
JSE:DRD
21.7B Zac 0 0 0 0
P/S Multiple
Revenue Growth P/S to Growth
CA
Agnico Eagle Mines Ltd
TSX:AEM
Average P/S: 1 492.9
6
7%
0.9
RU
P
Polyus PJSC
LSE:PLZL
11 877.7
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
1.5
9%
0.2
US
Newmont Corporation
NYSE:NEM
2.9
0%
N/A
CA
Wheaton Precious Metals Corp
TSX:WPM
24.5
15%
1.6
CA
Barrick Gold Corp
TSX:ABX
2.3
10%
0.2
CA
Franco-Nevada Corp
TSX:FNV
25.1
7%
3.6
RU
Polyus PAO
MOEX:PLZL
3.3
N/A N/A
ZA
D
DRDGOLD Ltd
JSE:DRD
Not Available
12%
N/A
P/E Multiple
Earnings Growth PEG
CA
Agnico Eagle Mines Ltd
TSX:AEM
Average P/E: 4 642.6
22.7
9%
2.5
RU
P
Polyus PJSC
LSE:PLZL
36 965.8
N/A N/A
ZA
G
Gold Fields Ltd
JSE:GFI
Not Available
24%
N/A
ZA
H
Harmony Gold Mining Company Ltd
JSE:HAR
Not Available
43%
N/A
CN
Zijin Mining Group Co Ltd
SSE:601899
12.9
17%
0.8
US
Newmont Corporation
NYSE:NEM
11.1
13%
0.9
CA
Wheaton Precious Metals Corp
TSX:WPM
57.6
20%
2.9
CA
Barrick Gold Corp
TSX:ABX
13.2
15%
0.9
CA
Franco-Nevada Corp
TSX:FNV
49.8
21%
2.4
RU
Polyus PAO
MOEX:PLZL
7.6
N/A N/A
ZA
D
DRDGOLD Ltd
JSE:DRD
Not Available
29%
N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Agnico Eagle Mines Ltd
TSX:AEM
Average EV/EBITDA: 2 561.7
10
4%
2.5
RU
P
Polyus PJSC
LSE:PLZL
20 392.9
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
19%
N/A
CN
Zijin Mining Group Co Ltd
SSE:601899
11
26%
0.4
US
Newmont Corporation
NYSE:NEM
6.3
4%
1.6
CA
Wheaton Precious Metals Corp
TSX:WPM
34.1
14%
2.4
CA
Barrick Gold Corp
TSX:ABX
4.7
11%
0.4
CA
Franco-Nevada Corp
TSX:FNV
28.3
15%
1.9
RU
Polyus PAO
MOEX:PLZL
5.9
N/A N/A
ZA
D
DRDGOLD Ltd
JSE:DRD
Not Available
34%
N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Agnico Eagle Mines Ltd
TSX:AEM
Average EV/EBIT: 2 941.4
14.2
10%
1.4
RU
P
Polyus PJSC
LSE:PLZL
23 402.2
N/A N/A
ZA
G
Gold Fields Ltd
JSE:GFI
Not Available
19%
N/A
ZA
H
Harmony Gold Mining Company Ltd
JSE:HAR
Not Available
30%
N/A
CN
Zijin Mining Group Co Ltd
SSE:601899
11
18%
0.6
US
Newmont Corporation
NYSE:NEM
8.5
5%
1.7
CA
Wheaton Precious Metals Corp
TSX:WPM
45.9
16%
2.9
CA
Barrick Gold Corp
TSX:ABX
6.4
14%
0.5
CA
Franco-Nevada Corp
TSX:FNV
36.6
13%
2.8
RU
Polyus PAO
MOEX:PLZL
6.5
N/A N/A
ZA
D
DRDGOLD Ltd
JSE:DRD
Not Available
38%
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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