Sandstorm Gold Ltd
TSX:SSL

Watchlist Manager
Sandstorm Gold Ltd Logo
Sandstorm Gold Ltd
TSX:SSL
Watchlist
Price: 12.545 CAD -0.28%
Market Cap: 3.7B CAD

Relative Value

The Relative Value of one SSL stock under the Base Case scenario is 8.083 CAD. Compared to the current market price of 12.545 CAD, Sandstorm Gold Ltd is Overvalued by 36%.

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.

SSL Relative Value
Base Case
8.083 CAD
Overvaluation 36%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
15
vs Industry
32
Median 3Y
9.9
Median 5Y
10.5
Industry
1.8
Forward
13
vs History
22
vs Industry
1
Median 3Y
44.5
Median 5Y
50.6
Industry
16.1
Forward
52.3
vs History
20
vs Industry
11
Median 3Y
12.7
Median 5Y
14.2
Industry
9.6
vs History
23
vs Industry
4
Median 3Y
45.9
Median 5Y
37.8
Industry
16
vs History
36
vs Industry
39
Median 3Y
1.2
Median 5Y
1.6
Industry
1.6
vs History
7
vs Industry
29
Median 3Y
12
Median 5Y
12.3
Industry
2.2
Forward
14.6
vs History
26
vs Industry
12
Median 3Y
24.6
Median 5Y
24.7
Industry
7.3
vs History
12
vs Industry
9
Median 3Y
15.4
Median 5Y
16.1
Industry
10.4
Forward
18.9
vs History
30
vs Industry
6
Median 3Y
31.6
Median 5Y
32.8
Industry
13.2
Forward
21.4
vs History
12
vs Industry
12
Median 3Y
15.3
Median 5Y
16.1
Industry
11
vs History
22
vs Industry
10
Median 3Y
16.5
Median 5Y
16.6
Industry
14.6
vs History
44
vs Industry
39
Median 3Y
1.1
Median 5Y
1.6
Industry
1.4

Multiples Across Competitors

SSL Competitors Multiples
Sandstorm Gold Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Sandstorm Gold Ltd
TSX:SSL
3.7B CAD 14.7 93 21.5 37.3
RU
Polyus PJSC
LSE:PLZL
70.4T USD 11 511.7 35 826.9 19 764.6 22 681.2
ZA
Gold Fields Ltd
JSE:GFI
393.1B Zac 0 0 0 0
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
160.1B Zac 0 0 0 0
CN
Zijin Mining Group Co Ltd
SSE:601899
488.2B CNY 1.6 13.6 11.5 11.5
US
Newmont Corporation
NYSE:NEM
65.3B USD 3.3 12.9 7.2 9.9
CA
Agnico Eagle Mines Ltd
TSX:AEM
84.1B CAD 6.9 25.9 11.5 16.3
CA
Wheaton Precious Metals Corp
TSX:WPM
55.9B CAD 28 65.9 39.2 52.8
CA
Barrick Gold Corp
TSX:ABX
49.3B CAD 2.7 15.5 5.4 7.5
CA
Franco-Nevada Corp
TSX:FNV
44.5B CAD 26.5 52.5 30 38.8
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
Sandstorm Gold Ltd
TSX:SSL
Average EV/EBITDA: 2 210.8
21.5
11%
2
RU
P
Polyus PJSC
LSE:PLZL
19 764.6
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
5.4
16%
0.3
CA
Franco-Nevada Corp
TSX:FNV
30
17%
1.8
RU
Polyus PAO
MOEX:PLZL
6.1
N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Sandstorm Gold Ltd
TSX:SSL
Average EV/EBIT: 2 540.2
37.3
9%
4.1
RU
P
Polyus PJSC
LSE:PLZL
22 681.2
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
11.5
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
52.8
16%
3.3
CA
Barrick Gold Corp
TSX:ABX
7.5
14%
0.5
CA
Franco-Nevada Corp
TSX:FNV
38.8
14%
2.8
RU
Polyus PAO
MOEX:PLZL
6.7
N/A N/A