Orla Mining Ltd
TSX:OLA

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Orla Mining Ltd
TSX:OLA
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Price: 16.02 CAD -6.53% Market Closed
Market Cap: 5.2B CAD

Relative Value

The Relative Value of one OLA stock under the Base Case scenario is 22.97 CAD. Compared to the current market price of 16.02 CAD, Orla Mining Ltd is Undervalued by 30%.

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.

OLA Relative Value
Base Case
22.97 CAD
Undervaluation 30%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
9
vs Industry
34
Median 3Y
6.5
Median 5Y
5
Industry
1.8
Forward
4.3
vs History
0
vs Industry
7
Median 3Y
29.1
Median 5Y
19.1
Industry
16.6
Forward
15.5
vs History
57
vs Industry
11
Median 3Y
13.1
Median 5Y
10.2
Industry
9.8
vs History
47
vs Industry
5
Median 3Y
23.9
Median 5Y
3.9
Industry
16.4
vs History
0
vs Industry
11
Median 3Y
3.2
Median 5Y
3.9
Industry
1.7
vs History
11
vs Industry
33
Median 3Y
6.4
Median 5Y
4.7
Industry
2.2
Forward
4.5
vs History
9
vs Industry
23
Median 3Y
8.7
Median 5Y
7.1
Industry
7.6
vs History
12
vs Industry
13
Median 3Y
13.3
Median 5Y
9.2
Industry
10.8
Forward
8.7
vs History
14
vs Industry
12
Median 3Y
16.2
Median 5Y
12.1
Industry
13.8
Forward
12.5
vs History
57
vs Industry
13
Median 3Y
13.1
Median 5Y
9.3
Industry
11.2
vs History
47
vs Industry
11
Median 3Y
16
Median 5Y
7.1
Industry
15
vs History
68
vs Industry
12
Median 3Y
2.6
Median 5Y
2.9
Industry
1.5

Multiples Across Competitors

OLA Competitors Multiples
Orla Mining Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Orla Mining Ltd
TSX:OLA
5.2B CAD 9.1 2 290.9 17.9 22.9
RU
Polyus PJSC
LSE:PLZL
70.4T USD 11 496.4 35 779.2 19 738.3 22 651
ZA
Gold Fields Ltd
JSE:GFI
402.6B Zac 0 0 0 0
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
164.5B Zac 0 0 0 0
CN
Zijin Mining Group Co Ltd
SSE:601899
533.9B CNY 1.7 14.8 12.4 12.4
US
Newmont Corporation
NYSE:NEM
68.8B USD 3.5 13.6 7.6 10.4
CA
Agnico Eagle Mines Ltd
TSX:AEM
86.9B CAD 7.2 27 12 17
AU
Greatland Gold PLC
ASX:GGP
93.5B AUD 5 481.4 5 266.7 -3 963.9 -3 196.3
CA
Wheaton Precious Metals Corp
TSX:WPM
58.6B CAD 29.5 69.6 41.4 55.7
CA
Barrick Gold Corp
TSX:ABX
50.6B CAD 2.8 16 5.6 7.7
RU
Polyus PAO
MOEX:PLZL
2.7T RUB 3.9 9 6.7 7.4
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Orla Mining Ltd
TSX:OLA
Average EV/EBITDA: 2 480.2
17.9
50%
0.4
RU
P
Polyus PJSC
LSE:PLZL
19 738.3
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
12.4
26%
0.5
US
Newmont Corporation
NYSE:NEM
7.6
6%
1.3
CA
Agnico Eagle Mines Ltd
TSX:AEM
12
9%
1.3
AU
G
Greatland Gold PLC
ASX:GGP
Negative Multiple: -3 963.9 N/A N/A
CA
Wheaton Precious Metals Corp
TSX:WPM
41.4
18%
2.3
CA
Barrick Gold Corp
TSX:ABX
5.6
16%
0.4
RU
Polyus PAO
MOEX:PLZL
6.7
N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Orla Mining Ltd
TSX:OLA
Average EV/EBIT: 2 848.1
22.9
43%
0.5
RU
P
Polyus PJSC
LSE:PLZL
22 651
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
12.4
19%
0.7
US
Newmont Corporation
NYSE:NEM
10.4
7%
1.5
CA
Agnico Eagle Mines Ltd
TSX:AEM
17
12%
1.4
AU
G
Greatland Gold PLC
ASX:GGP
Negative Multiple: -3 196.3 N/A N/A
CA
Wheaton Precious Metals Corp
TSX:WPM
55.7
16%
3.5
CA
Barrick Gold Corp
TSX:ABX
7.7
14%
0.6
RU
Polyus PAO
MOEX:PLZL
7.4
N/A N/A