Erdene Resource Development Corp
TSX:ERD

Watchlist Manager
Erdene Resource Development Corp Logo
Erdene Resource Development Corp
TSX:ERD
Watchlist
Price: 8.48 CAD 2.66%
Market Cap: CA$522.9m

Relative Value

The Relative Value of one ERD stock under the Base Case scenario is hidden CAD. Compared to the current market price of 8.48 CAD, Erdene Resource Development Corp is hidden .

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.

ERD Relative Value
HIDDEN
Show
Worst Case
Base Case
Best Case

Multiples Across Competitors

ERD Competitors Multiples
Erdene Resource Development Corp Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Erdene Resource Development Corp
TSX:ERD
520m CAD 0 -38.9 -84.1 -83.9
AU
Rio Tinto Ltd
ASX:RIO
273.2B AUD 3.5 18.5 9.7 14
AU
BHP Group Ltd
ASX:BHP
264.3B AUD 3.6 20.4 7.7 9.9
UK
Rio Tinto PLC
LSE:RIO
118.8B GBP 3 15.8 9.3 13.3
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
1.6T MXN 5.5 21.5 10.4 12.2
CH
Glencore PLC
LSE:GLEN
59.7B GBP 0.4 -39.5 10.5 31.6
CN
CMOC Group Ltd
SSE:603993
500.4B CNY 2.5 25.6 14.5 14.5
SA
Saudi Arabian Mining Company SJSC
SAU:1211
248.9B SAR 6.6 44.7 20.5 30.9
CN
China Molybdenum Co Ltd
OTC:CMCLF
62B USD 2.1 22.1 12.4 12.4
UK
Anglo American PLC
LSE:AAL
43.6B GBP 2.7 -13.6 10.7 19.1
ZA
African Rainbow Minerals Ltd
JSE:ARI
45.6B ZAR 3.9 138.1 -70.3 -70.3
P/E Multiple
Earnings Growth PEG
CA
Erdene Resource Development Corp
TSX:ERD
Average P/E: 38.3
Negative Multiple: -38.9
N/A N/A
AU
Rio Tinto Ltd
ASX:RIO
18.5
3%
6.2
AU
BHP Group Ltd
ASX:BHP
20.4
8%
2.5
UK
Rio Tinto PLC
LSE:RIO
15.8
3%
5.3
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
21.5
17%
1.3
CH
Glencore PLC
LSE:GLEN
Negative Multiple: -39.5 N/A N/A
CN
CMOC Group Ltd
SSE:603993
25.6
26%
1
SA
Saudi Arabian Mining Company SJSC
SAU:1211
44.7
46%
1
CN
C
China Molybdenum Co Ltd
OTC:CMCLF
22.1
27%
0.8
UK
Anglo American PLC
LSE:AAL
Negative Multiple: -13.6 N/A N/A
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
138.1
133%
1
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Erdene Resource Development Corp
TSX:ERD
Average EV/EBITDA: 11.7
Negative Multiple: -84.1
N/A N/A
AU
Rio Tinto Ltd
ASX:RIO
9.7
7%
1.4
AU
BHP Group Ltd
ASX:BHP
7.7
3%
2.6
UK
Rio Tinto PLC
LSE:RIO
9.3
8%
1.2
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
10.4
10%
1
CH
Glencore PLC
LSE:GLEN
10.5
17%
0.6
CN
CMOC Group Ltd
SSE:603993
14.5
24%
0.6
SA
Saudi Arabian Mining Company SJSC
SAU:1211
20.5
12%
1.7
CN
C
China Molybdenum Co Ltd
OTC:CMCLF
12.4
24%
0.5
UK
Anglo American PLC
LSE:AAL
10.7
4%
2.7
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
Negative Multiple: -70.3 N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Erdene Resource Development Corp
TSX:ERD
Average EV/EBIT: 17.5
Negative Multiple: -83.9
N/A N/A
AU
Rio Tinto Ltd
ASX:RIO
14
9%
1.6
AU
BHP Group Ltd
ASX:BHP
9.9
2%
5
UK
Rio Tinto PLC
LSE:RIO
13.3
8%
1.7
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
12.2
10%
1.2
CH
Glencore PLC
LSE:GLEN
31.6
29%
1.1
CN
CMOC Group Ltd
SSE:603993
14.5
19%
0.8
SA
Saudi Arabian Mining Company SJSC
SAU:1211
30.9
18%
1.7
CN
C
China Molybdenum Co Ltd
OTC:CMCLF
12.4
19%
0.7
UK
Anglo American PLC
LSE:AAL
19.1
9%
2.1
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
Negative Multiple: -70.3 N/A N/A