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First Quantum Minerals Ltd
TSX:FM

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First Quantum Minerals Ltd
TSX:FM
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Price: 16.8 CAD -2.83% Market Closed
Updated: May 2, 2024

Relative Value

The Relative Value of one FM stock under the Base Case scenario is 42.42 CAD. Compared to the current market price of 16.8 CAD, First Quantum Minerals Ltd is Undervalued by 60%.

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.

FM Relative Value
Base Case
42.42 CAD
Undervaluation 60%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
71
vs Industry
54
Median 3Y
2.6
Median 5Y
2.2
Industry
1.7
Forward
2.4
vs History
vs Industry
19
Median 3Y
23.8
Median 5Y
17.2
Industry
15.6
Forward
-135.8
vs History
42
vs Industry
20
Median 3Y
7.4
Median 5Y
7.2
Industry
9
vs History
vs Industry
6
Median 3Y
15
Median 5Y
14.3
Industry
15.5
vs History
57
vs Industry
53
Median 3Y
1.8
Median 5Y
1.4
Industry
1.5
vs History
82
vs Industry
46
Median 3Y
3.5
Median 5Y
3.5
Industry
2.1
Forward
3.8
vs History
55
vs Industry
24
Median 3Y
11
Median 5Y
14.6
Industry
7.4
vs History
68
vs Industry
20
Median 3Y
7.6
Median 5Y
7.9
Industry
10.2
Forward
12.3
vs History
53
vs Industry
14
Median 3Y
12.2
Median 5Y
17
Industry
12.7
Forward
24.9
vs History
41
vs Industry
16
Median 3Y
10.2
Median 5Y
10.4
Industry
10.2
vs History
4
vs Industry
2
Median 3Y
20.1
Median 5Y
18.2
Industry
12.8
vs History
55
vs Industry
59
Median 3Y
1.1
Median 5Y
0.9
Industry
1.3

Multiples Across Competitors

FM Competitors Multiples
First Quantum Minerals Ltd 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
First Quantum Minerals Ltd
TSX:FM
14B CAD 1.6 -10.7 7.1 14.3
US
Southern Copper Corp
NYSE:SCCO
87.5B USD 9 37.3 18.9 22.9
US
Freeport-McMoRan Inc
NYSE:FCX
69.8B USD 3.1 37.9 8.9 11.8
UK
Antofagasta PLC
LSE:ANTO
21B GBP 4.1 31.4 2.1 3.4
CN
Jiangxi Copper Co Ltd
SSE:600362
90.5B CNY 0.2 13.9 15.7 15.7
CA
Lundin Mining Corp
TSX:LUN
11.9B CAD 2.5 35.8 8.2 18.2
CN
Tongling Nonferrous Metals Group Co Ltd
SZSE:000630
51.2B CNY 0.4 14.9 9.6 9.6
PL
KGHM Polska Miedz SA
WSE:KGH
27.8B PLN 0.8 83.4 13 1 132.6
AU
OZ Minerals Ltd
ASX:OZL
9.4B AUD 4.9 45.5 30.1 30.1
IN
Hindustan Copper Ltd
NSE:HINDCOPPER
378.5B INR 22.1 124.8 76.7 113.5
CN
Yunnan Copper Co Ltd
SZSE:000878
28.2B CNY 0.2 17.8 9.9 9.9

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