Triple Flag Precious Metals Corp
TSX:TFPM

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Triple Flag Precious Metals Corp
TSX:TFPM
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Price: 42.92 CAD -1.01% Market Closed
Market Cap: CA$8.9B

P/FCFE

71.2
Current
59%
More Expensive
vs 3-y average of 44.7

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
71.2
=
Market Cap
CA$11.6B
/
Free Cash Flow to Equity
$91.1m

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
71.2
=
Market Cap
CA$11.6B
/
Free Cash Flow to Equity
$91.1m

Valuation Scenarios

Triple Flag Precious Metals Corp is trading above its 3-year average

If P/FCFE returns to its 3-Year Average (44.7), the stock would be worth CA$26.95 (37% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-69%
Maximum Upside
No Upside Scenarios
Average Downside
53%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple 71.2 CA$42.92
0%
3-Year Average 44.7 CA$26.95
-37%
5-Year Average 37.9 CA$22.83
-47%
Industry Average 30.1 CA$18.16
-58%
Country Average 22 CA$13.27
-69%

Forward P/FCFE
Today’s price vs future free cash flow to equity

Not enough data available to calculate forward P/FCFE

Peer Comparison

All Multiples
P/FCFE
P/E
All Countries
Close
Market Cap P/FCFE P/E
CA
Triple Flag Precious Metals Corp
TSX:TFPM
9B CAD 71.2 27
AU
BHP Group Ltd
ASX:BHP
279B AUD 13.8 19.2
AU
Rio Tinto Ltd
ASX:RIO
279.2B AUD 17.7 19.9
UK
Rio Tinto PLC
LSE:RIO
120.1B GBP 14.2 15.9
CH
Glencore PLC
LSE:GLEN
66.1B GBP 389.6 241.2
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
1.5T MXN 18.2 17.2
SA
Saudi Arabian Mining Company SJSC
SAU:1211
248.9B SAR -2 023.3 33.9
CN
CMOC Group Ltd
SSE:603993
398.4B CNY 26.7 19.6
UK
Anglo American PLC
LSE:AAL
42.3B GBP -56.9 -15
CN
China Molybdenum Co Ltd
OTC:CMCLF
45.9B USD 21.2 15.5
ZA
African Rainbow Minerals Ltd
JSE:ARI
43B ZAR 19.6 33.3

Market Distribution

Higher than 85% of companies in Canada
Percentile
85th
Based on 1 366 companies
85th percentile
71.2
Low
0 — 13.2
Typical Range
13.2 — 36
High
36 —
Distribution Statistics
Canada
Min 0
30th Percentile 13.2
Median 22
70th Percentile 36
Max 116 589.8

Triple Flag Precious Metals Corp
Glance View

Market Cap
8.9B CAD
Industry
Metals & Mining

Triple Flag Precious Metals Corp. operates in a niche corner of the financial world that straddles the intersection of mining and finance, ensuring they have a unique narrative in the metals and mining industry. This is a company that thrives on a simple yet powerful concept: they provide upfront capital to mining companies in exchange for the right to acquire a fixed percentage of future production at predetermined prices for the life of the mine. This business model, known as streaming and royalty financing, allows Triple Flag to mitigate several risks traditionally associated with mining operations, such as fluctuations in production costs and direct operational exposures, while securing a steady stream of revenue based on the precious metals extracted from these mines. By carefully selecting their investments, Triple Flag has curated a portfolio that spans across a diverse range of geographical locations and mining operations, focusing primarily on gold and silver assets. Their strategic partnerships with mining companies enable them to leverage these assets, ensuring a balanced and less volatile cash flow stream. Through their expertise in assessing and valuating mining projects, they can identify viable investment opportunities that promise long-term returns. This model not only ensures an attractive economic model for Triple Flag but also strengthens their position in the sector as a reliable partner to mining operations seeking to minimize their financial risks without diluting their equity. In essence, Triple Flag capitalizes on the enduring demand for precious metals while fostering a symbiotic relationship with the miners, showcasing their adeptness in crafting mutually beneficial financial solutions.

TFPM Intrinsic Value
20.29 CAD
Overvaluation 53%
Intrinsic Value
Price CA$42.92
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