Lundin Gold Inc
TSX:LUG

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Lundin Gold Inc
TSX:LUG
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Price: 72.22 CAD -1.83% Market Closed
Market Cap: 17.4B CAD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one LUG stock under the Base Case scenario is 32.14 CAD. Compared to the current market price of 72.22 CAD, Lundin Gold Inc is Overvalued by 56%.

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.

LUG Relative Value
Base Case
32.14 CAD
Overvaluation 56%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

9.6
P/S
P/S
Price to Sales
9.6
vs History
12
vs Industry
36
Median 3Y
3.4
Median 5Y
3.6
Industry
1.8
Forward
8.9
More Details
23.6
P/E
P/E
Price to Earnings
23.6
vs History
23
vs Industry
14
Median 3Y
18.1
Median 5Y
14
Industry
16.1
Forward
24
More Details
16.9
P/OCF
P/OCF
Price to OCF
16.9
vs History
4
vs Industry
15
Median 3Y
6.2
Median 5Y
5.9
Industry
9.6
More Details
32.6
P/FCFE
P/FCFE
Price to FCFE
32.6
vs History
23
vs Industry
11
Median 3Y
16.8
Median 5Y
15.3
Industry
16
More Details
9.7
P/B
P/B
Price to Book Value
9.7
vs History
0
vs Industry
10
Median 3Y
3.2
Median 5Y
3.1
Industry
1.6
More Details
9.3
EV/S
EV/S
Enterprise Value to Sales
9.3
vs History
12
vs Industry
36
Median 3Y
3.3
Median 5Y
3.6
Industry
2.2
Forward
8.6
More Details
14.9
EV/GP
EV/GP
Enterprise Value to Gross Profit
14.9
vs History
12
vs Industry
29
Median 3Y
7.1
Median 5Y
7.2
Industry
7.3
More Details
14
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
14
vs History
4
vs Industry
18
Median 3Y
5.7
Median 5Y
5.7
Industry
10.4
Forward
11.6
More Details
16.5
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
16.5
vs History
4
vs Industry
18
Median 3Y
7.8
Median 5Y
7.5
Industry
13.2
Forward
13
More Details
16.3
EV/OCF
EV/OCF
Enterprise Value to OCF
16.3
vs History
9
vs Industry
18
Median 3Y
6.3
Median 5Y
6.3
Industry
11
More Details
18.5
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
18.5
vs History
7
vs Industry
15
Median 3Y
7.2
Median 5Y
6.6
Industry
14.6
More Details
10.7
EV/IC
EV/IC
Enterprise Value to IC
10.7
vs History
0
vs Industry
13
Median 3Y
2.5
Median 5Y
2
Industry
1.4
More Details

Multiples Across Competitors

LUG Competitors Multiples
Lundin Gold Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Lundin Gold Inc
TSX:LUG
17.4B CAD 9.6 23.6 14 16.5
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
491.2B CNY 1.6 13.6 11.5 11.6
US
Newmont Corporation
NYSE:NEM
65.3B USD 3.3 12.9 7.2 9.9
CA
Agnico Eagle Mines Ltd
TSX:AEM
83.8B CAD 6.9 25.9 11.5 16.3
CA
Wheaton Precious Metals Corp
TSX:WPM
55.9B CAD 28 65.9 39.2 52.7
CA
Barrick Gold Corp
TSX:ABX
49.5B CAD 2.7 15.5 5.5 7.5
CA
Franco-Nevada Corp
TSX:FNV
44.4B CAD 26.4 52.5 29.9 38.7
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
Lundin Gold Inc
TSX:LUG
Average EV/EBITDA: 2 206.4
14
10%
1.4
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
7.2
6%
1.2
CA
Agnico Eagle Mines Ltd
TSX:AEM
11.5
9%
1.3
CA
Wheaton Precious Metals Corp
TSX:WPM
39.2
18%
2.2
CA
Barrick Gold Corp
TSX:ABX
5.5
16%
0.3
CA
Franco-Nevada Corp
TSX:FNV
29.9
17%
1.8
RU
Polyus PAO
MOEX:PLZL
6.1
N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Lundin Gold Inc
TSX:LUG
Average EV/EBIT: 2 533.9
16.5
8%
2.1
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
11.6
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
52.7
16%
3.3
CA
Barrick Gold Corp
TSX:ABX
7.5
14%
0.5
CA
Franco-Nevada Corp
TSX:FNV
38.7
14%
2.8
RU
Polyus PAO
MOEX:PLZL
6.7
N/A N/A

See Also

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