Centerra Gold Inc
TSX:CG

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Centerra Gold Inc
TSX:CG
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Price: 9.64 CAD -0.72%
Market Cap: 2B CAD

Relative Value

The Relative Value of one CG stock under the Base Case scenario is 11.1 CAD. Compared to the current market price of 9.64 CAD, Centerra Gold Inc is Undervalued by 13%.

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.

CG Relative Value
Base Case
11.1 CAD
Undervaluation 13%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
69
vs Industry
62
Median 3Y
1.2
Median 5Y
1.5
Industry
1.8
Forward
1.2
vs History
1
vs Industry
15
Median 3Y
3.3
Median 5Y
-3.5
Industry
16.1
Forward
10.7
vs History
30
vs Industry
26
Median 3Y
4.4
Median 5Y
4
Industry
9.6
vs History
17
vs Industry
17
Median 3Y
7.2
Median 5Y
6.6
Industry
16
vs History
42
vs Industry
60
Median 3Y
0.8
Median 5Y
0.9
Industry
1.6
vs History
65
vs Industry
74
Median 3Y
0.7
Median 5Y
0.9
Industry
2.2
Forward
0.7
vs History
55
vs Industry
67
Median 3Y
2.4
Median 5Y
2.6
Industry
7.3
vs History
55
vs Industry
31
Median 3Y
2.4
Median 5Y
2.7
Industry
10.4
Forward
2.4
vs History
47
vs Industry
28
Median 3Y
3.2
Median 5Y
3.7
Industry
13.2
Forward
3.9
vs History
30
vs Industry
32
Median 3Y
2.3
Median 5Y
2.3
Industry
11
vs History
17
vs Industry
20
Median 3Y
3.4
Median 5Y
3.5
Industry
14.6
vs History
52
vs Industry
67
Median 3Y
0.6
Median 5Y
0.6
Industry
1.4

Multiples Across Competitors

CG Competitors Multiples
Centerra Gold Inc Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Centerra Gold Inc
TSX:CG
2B CAD 1.2 33 2.5 3.8
RU
Polyus PJSC
LSE:PLZL
70.4T USD 11 493.4 35 769.8 19 733.1 22 645.1
ZA
Gold Fields Ltd
JSE:GFI
399.4B Zac 0 0 0 0
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
163.2B Zac 0 0 0 0
CN
Zijin Mining Group Co Ltd
SSE:601899
489.3B CNY 1.6 13.6 11.5 11.5
US
Newmont Corporation
NYSE:NEM
65.6B USD 3.4 13 7.3 9.9
CA
Agnico Eagle Mines Ltd
TSX:AEM
84.2B CAD 6.9 26 11.5 16.3
CA
Wheaton Precious Metals Corp
TSX:WPM
55.9B CAD 28.1 66.2 39.3 52.8
CA
Barrick Gold Corp
TSX:ABX
50B CAD 2.7 15.7 5.5 7.6
CA
Franco-Nevada Corp
TSX:FNV
44.2B CAD 26.3 52.3 29.8 38.5
RU
Polyus PAO
MOEX:PLZL
2.4T RUB 3.5 7.9 6.1 6.7
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Centerra Gold Inc
TSX:CG
Average EV/EBITDA: 2 205.2
2.5
-2%
N/A
RU
P
Polyus PJSC
LSE:PLZL
19 733.1
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
11.5
26%
0.4
US
Newmont Corporation
NYSE:NEM
7.3
6%
1.2
CA
Agnico Eagle Mines Ltd
TSX:AEM
11.5
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
CA
Franco-Nevada Corp
TSX:FNV
29.8
17%
1.8
RU
Polyus PAO
MOEX:PLZL
6.1
N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Centerra Gold Inc
TSX:CG
Average EV/EBIT: 2 532.5
3.8
-8%
N/A
RU
P
Polyus PJSC
LSE:PLZL
22 645.1
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
11.5
19%
0.6
US
Newmont Corporation
NYSE:NEM
9.9
7%
1.4
CA
Agnico Eagle Mines Ltd
TSX:AEM
16.3
12%
1.4
CA
Wheaton Precious Metals Corp
TSX:WPM
52.8
16%
3.3
CA
Barrick Gold Corp
TSX:ABX
7.6
14%
0.5
CA
Franco-Nevada Corp
TSX:FNV
38.5
14%
2.8
RU
Polyus PAO
MOEX:PLZL
6.7
N/A N/A