Argonaut Gold Inc
TSX:AR

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Argonaut Gold Inc Logo
Argonaut Gold Inc
TSX:AR
Watchlist
Price: 0.52 CAD 4% Market Closed
Market Cap: 659.9m CAD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one AR stock under the Base Case scenario is 0.82 CAD. Compared to the current market price of 0.52 CAD, Argonaut Gold Inc is Undervalued by 36%.

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.

AR Relative Value
Base Case
0.82 CAD
Undervaluation 36%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

1.4
P/S
P/S
Price to Sales
1.4
vs History
57
vs Industry
58
Median 3Y
1.4
Median 5Y
1.6
Industry
1.8
Forward
1
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
21
Median 3Y
-1.4
Median 5Y
-1.4
Industry
16
Forward
185.1
More Details
27
P/OCF
P/OCF
Price to OCF
27
vs History
11
vs Industry
8
Median 3Y
14
Median 5Y
21.1
Industry
9.4
More Details
Negative
P/FCFE
P/FCFE
Price to FCFE
N/A
vs History
vs Industry
Median 3Y
-2.7
Median 5Y
-2.5
Industry
15.8
More Details
0.8
P/B
P/B
Price to Book Value
0.8
vs History
44
vs Industry
60
Median 3Y
0.7
Median 5Y
0.8
Industry
1.6
More Details
1.7
EV/S
EV/S
Enterprise Value to Sales
1.7
vs History
61
vs Industry
55
Median 3Y
1.6
Median 5Y
2
Industry
2.1
Forward
1.1
More Details
16.8
EV/GP
EV/GP
Enterprise Value to Gross Profit
16.8
vs History
57
vs Industry
19
Median 3Y
16.1
Median 5Y
19.7
Industry
7.2
More Details
9.9
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
9.9
vs History
57
vs Industry
17
Median 3Y
9.5
Median 5Y
10.8
Industry
10.4
Forward
3.9
More Details
91.3
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
91.3
vs History
7
vs Industry
2
Median 3Y
72.5
Median 5Y
42.7
Industry
13.3
Forward
38.9
More Details
31.3
EV/OCF
EV/OCF
Enterprise Value to OCF
31.3
vs History
3
vs Industry
8
Median 3Y
18.2
Median 5Y
22.1
Industry
10.8
More Details
Negative
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
N/A
vs History
vs Industry
Median 3Y
-2.8
Median 5Y
-2.7
Industry
14.4
More Details
0.5
EV/IC
EV/IC
Enterprise Value to IC
0.5
vs History
60
vs Industry
70
Median 3Y
0.5
Median 5Y
0.6
Industry
1.4
More Details

Multiples Across Competitors

AR Competitors Multiples
Argonaut Gold Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Argonaut Gold Inc
TSX:AR
659.9m CAD 1.4 -1.4 9.9 91.3
RU
Polyus PJSC
LSE:PLZL
70.4T USD 11 547.7 35 938.9 19 826.4 22 752.1
ZA
Gold Fields Ltd
JSE:GFI
378.3B Zac 0 0 0 0
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
152.8B Zac 0 0 0 0
CN
Zijin Mining Group Co Ltd
SSE:601899
525.7B CNY 1.7 14.6 12.3 12.3
US
Newmont Corporation
NYSE:NEM
66.3B USD 3.4 13.1 7.3 10
UK
Greatland Gold PLC
LSE:GGP
43.5B GBP 5 251.6 5 045.9 -3 797.4 -3 062.1
CA
Agnico Eagle Mines Ltd
TSX:AEM
84.4B CAD 6.9 26.2 11.6 16.4
CA
Wheaton Precious Metals Corp
TSX:WPM
55.9B CAD 28.1 66.2 39.3 52.9
CA
Barrick Gold Corp
TSX:ABX
49.7B CAD 2.7 15.7 5.5 7.6
RU
Polyus PAO
MOEX:PLZL
2.5T RUB 3.6 8.2 6.3 6.9
P/S Multiple
Revenue Growth P/S to Growth
US
Argonaut Gold Inc
TSX:AR
Average P/S: 1 871.9
1.4
7%
0.2
RU
P
Polyus PJSC
LSE:PLZL
11 547.7
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
1.7
9%
0.2
US
Newmont Corporation
NYSE:NEM
3.4
1%
3.4
UK
Greatland Gold PLC
LSE:GGP
5 251.6
N/A N/A
CA
Agnico Eagle Mines Ltd
TSX:AEM
6.9
7%
1
CA
Wheaton Precious Metals Corp
TSX:WPM
28.1
15%
1.9
CA
Barrick Gold Corp
TSX:ABX
2.7
10%
0.3
RU
Polyus PAO
MOEX:PLZL
3.6
N/A N/A
P/E Multiple
Earnings Growth PEG
US
Argonaut Gold Inc
TSX:AR
Average P/E: 5 141.1
Negative Multiple: -1.4
1%
N/A
RU
P
Polyus PJSC
LSE:PLZL
35 938.9
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
14.6
17%
0.9
US
Newmont Corporation
NYSE:NEM
13.1
15%
0.9
UK
Greatland Gold PLC
LSE:GGP
5 045.9
N/A N/A
CA
Agnico Eagle Mines Ltd
TSX:AEM
26.2
9%
2.9
CA
Wheaton Precious Metals Corp
TSX:WPM
66.2
20%
3.3
CA
Barrick Gold Corp
TSX:ABX
15.7
15%
1
RU
Polyus PAO
MOEX:PLZL
8.2
N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Argonaut Gold Inc
TSX:AR
Average EV/EBITDA: 2 489.8
9.9
23%
0.4
RU
P
Polyus PJSC
LSE:PLZL
19 826.4
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
12.3
26%
0.5
US
Newmont Corporation
NYSE:NEM
7.3
6%
1.2
UK
Greatland Gold PLC
LSE:GGP
Negative Multiple: -3 797.4 N/A N/A
CA
Agnico Eagle Mines Ltd
TSX:AEM
11.6
9%
1.3
CA
Wheaton Precious Metals Corp
TSX:WPM
39.3
18%
2.2
CA
Barrick Gold Corp
TSX:ABX
5.5
16%
0.3
RU
Polyus PAO
MOEX:PLZL
6.3
N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Argonaut Gold Inc
TSX:AR
Average EV/EBIT: 2 868.7
91.3
N/A N/A
RU
P
Polyus PJSC
LSE:PLZL
22 752.1
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
12.3
19%
0.6
US
Newmont Corporation
NYSE:NEM
10
7%
1.4
UK
Greatland Gold PLC
LSE:GGP
Negative Multiple: -3 062.1 N/A N/A
CA
Agnico Eagle Mines Ltd
TSX:AEM
16.4
12%
1.4
CA
Wheaton Precious Metals Corp
TSX:WPM
52.9
16%
3.3
CA
Barrick Gold Corp
TSX:ABX
7.6
14%
0.5
RU
Polyus PAO
MOEX:PLZL
6.9
N/A N/A

See Also

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