Tanzanian Gold Corp
TSX:TNX

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Tanzanian Gold Corp
TSX:TNX
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Price: 43.57 CAD -1.25%
Market Cap: 12.2B CAD

Relative Value

TNX doesn't have a meaningful market cap.

The Relative Value of one TNX stock under the Base Case scenario is 0.68 CAD. Compared to the current market price of 43.57 CAD, Tanzanian Gold Corp is Overvalued by 98%.

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.

TNX Relative Value
Base Case
0.68 CAD
Overvaluation 98%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
12
vs Industry
12
Median 3Y
12.8
Median 5Y
4.8
Industry
1.8
Forward
180.5
vs History
12
vs Industry
0
Median 3Y
69.4
Median 5Y
19.7
Industry
16.1
Forward
1 089.3
vs History
12
vs Industry
0
Median 3Y
14.1
Median 5Y
8.3
Industry
9.6
vs History
vs Industry
Median 3Y
-313.9
Median 5Y
-65.4
Industry
16
vs History
12
vs Industry
0
Median 3Y
3.4
Median 5Y
3.4
Industry
1.6
vs History
12
vs Industry
11
Median 3Y
11.6
Median 5Y
4.5
Industry
2.2
Forward
180.4
vs History
12
vs Industry
1
Median 3Y
17.4
Median 5Y
8.1
Industry
7.3
vs History
12
vs Industry
0
Median 3Y
25.7
Median 5Y
11.8
Industry
10.4
vs History
12
vs Industry
0
Median 3Y
26.8
Median 5Y
13.7
Industry
13.2
vs History
12
vs Industry
0
Median 3Y
13.4
Median 5Y
7.9
Industry
11
vs History
vs Industry
Median 3Y
-369.5
Median 5Y
-26.4
Industry
14.6
vs History
12
vs Industry
1
Median 3Y
2.8
Median 5Y
3.8
Industry
1.4

Multiples Across Competitors

TNX Competitors Multiples
Tanzanian Gold Corp Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Tanzanian Gold Corp
TSX:TNX
12.2B CAD 319.9 6 569.4 1 188.7 1 413.6
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
489.3B CNY 1.6 13.6 11.5 11.5
US
Newmont Corporation
NYSE:NEM
65.7B USD 3.4 13 7.3 9.9
CA
Agnico Eagle Mines Ltd
TSX:AEM
84.1B CAD 6.9 26 11.5 16.3
CA
Wheaton Precious Metals Corp
TSX:WPM
56.1B CAD 28.1 66.2 39.3 53
CA
Barrick Gold Corp
TSX:ABX
49.9B CAD 2.7 15.7 5.5 7.6
CA
Franco-Nevada Corp
TSX:FNV
44.2B CAD 26.3 52.3 29.8 38.5
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
Tanzanian Gold Corp
TSX:TNX
Average EV/EBITDA: 2 337
1 188.7
N/A N/A
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
7.3
6%
1.2
CA
Agnico Eagle Mines Ltd
TSX:AEM
11.5
9%
1.3
CA
Wheaton Precious Metals Corp
TSX:WPM
39.3
18%
2.2
CA
Barrick Gold Corp
TSX:ABX
5.5
16%
0.3
CA
Franco-Nevada Corp
TSX:FNV
29.8
17%
1.8
RU
Polyus PAO
MOEX:PLZL
6.1
N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Tanzanian Gold Corp
TSX:TNX
Average EV/EBIT: 2 689.1
1 413.6
N/A N/A
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
11.5
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
53
16%
3.3
CA
Barrick Gold Corp
TSX:ABX
7.6
14%
0.5
CA
Franco-Nevada Corp
TSX:FNV
38.5
14%
2.8
RU
Polyus PAO
MOEX:PLZL
6.7
N/A N/A