First Quantum Minerals Ltd
TSX:FM

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First Quantum Minerals Ltd
TSX:FM
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Price: 33.26 CAD -1.68% Market Closed
Market Cap: 27.7B CAD

Relative Value

The Relative Value of one FM stock under the Base Case scenario is 57.24 CAD. Compared to the current market price of 33.26 CAD, First Quantum Minerals Ltd is Undervalued by 42%.

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
57.24 CAD
Undervaluation 42%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
0
vs Industry
45
Median 3Y
2.2
Median 5Y
2.3
Industry
2
Forward
3.8
vs History
9
vs Industry
0
Median 3Y
20.5
Median 5Y
20.5
Industry
18.8
Forward
188.2
vs History
36
vs Industry
19
Median 3Y
7.6
Median 5Y
7
Industry
10.9
vs History
25
vs Industry
6
Median 3Y
-5
Median 5Y
12.5
Industry
18.4
vs History
7
vs Industry
50
Median 3Y
1.1
Median 5Y
1.3
Industry
2.1
vs History
0
vs Industry
39
Median 3Y
3.2
Median 5Y
3.2
Industry
2.5
Forward
4.9
vs History
4
vs Industry
21
Median 3Y
13.2
Median 5Y
12.7
Industry
8.3
vs History
0
vs Industry
14
Median 3Y
9.6
Median 5Y
8.1
Industry
12.3
Forward
14.9
vs History
4
vs Industry
11
Median 3Y
17.1
Median 5Y
15.7
Industry
14.9
Forward
26.1
vs History
52
vs Industry
16
Median 3Y
10.7
Median 5Y
10.1
Industry
12.4
vs History
53
vs Industry
5
Median 3Y
27.8
Median 5Y
17.8
Industry
16.8
vs History
3
vs Industry
53
Median 3Y
0.8
Median 5Y
0.9
Industry
1.9

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
27.7B CAD 4 438.1 14.7 24.4
US
Southern Copper Corp
NYSE:SCCO
116.6B USD 9.5 30.5 16.9 19.2
US
Freeport-McMoRan Inc
NYSE:FCX
68B USD 2.6 33.1 7.8 10.4
UK
Antofagasta PLC
LSE:ANTO
28.9B GBP 5.2 35.4 41.4 73.9
CN
Jiangxi Copper Co Ltd
SSE:600362
144.3B CNY 0.3 18 21 21
CA
Lundin Mining Corp
TSX:LUN
23.3B CAD 5.2 223.4 11.9 17.9
PL
KGHM Polska Miedz SA
WSE:KGH
48.9B PLN 1.4 19 8.4 13
CN
Tongling Nonferrous Metals Group Co Ltd
SZSE:000630
69.7B CNY 0.4 37.7 14.7 14.7
AU
OZ Minerals Ltd
ASX:OZL
9.4B AUD 4.9 45.5 30.1 30.1
DE
Aurubis AG
XETRA:NDA
5B EUR 0.3 8.1 5 6.5
AU
Sandfire Resources Ltd
ASX:SFR
7.9B AUD 4.4 56 24.8 24.8