HRZ Relative Valuation - Horizon Minerals Ltd - Alpha Spread

Horizon Minerals Ltd
ASX:HRZ

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Horizon Minerals Ltd
ASX:HRZ
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Price: 0.049 AUD 4.26% Market Closed
Market Cap: 54.8m AUD
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Relative Value

The Relative Value of one HRZ stock under the Base Case scenario is 0.001 AUD. Compared to the current market price of 0.049 AUD, Horizon Minerals Ltd 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.

HRZ Relative Value
Base Case
0.001 AUD
Overvaluation 98%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
44
vs Industry
13
Median 3Y
62.8
Median 5Y
263.4
Industry
1.7
vs History
vs Industry
Median 3Y
-2.8
Median 5Y
-2.6
Industry
15.6
vs History
vs Industry
Median 3Y
-6.2
Median 5Y
-7.2
Industry
8.9
vs History
vs Industry
Median 3Y
-7.4
Median 5Y
-8.4
Industry
14.6
vs History
93
vs Industry
49
Median 3Y
1.8
Median 5Y
2
Industry
1.4
vs History
44
vs Industry
11
Median 3Y
64.4
Median 5Y
273.1
Industry
2.1
vs History
vs Industry
2
Median 3Y
54
Median 5Y
54
Industry
7.1
vs History
vs Industry
Median 3Y
-9.5
Median 5Y
-15.8
Industry
10
vs History
vs Industry
Median 3Y
-9.5
Median 5Y
-15.8
Industry
12.9
vs History
vs Industry
Median 3Y
-6.4
Median 5Y
-7.4
Industry
10.2
vs History
vs Industry
Median 3Y
-5.3
Median 5Y
-9.4
Industry
13
vs History
93
vs Industry
45
Median 3Y
1.7
Median 5Y
2.1
Industry
1.3

Multiples Across Competitors

HRZ Competitors Multiples
Horizon Minerals Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
AU
Horizon Minerals Ltd
ASX:HRZ
54.8m AUD 368.8 -40.6 -10.5 -10.5
RU
Polyus PJSC
LSE:PLZL
70.4T USD 13 581.3 42 267.9 23 318 26 758.9
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
115.5B Zac 0 0 0 0
CN
Zijin Mining Group Co Ltd
SSE:601899
461.7B CNY 1.6 17.8 14.8 14.8
US
Newmont Corporation
NYSE:NEM
63.9B USD 4.3 -32.3 15.7 34.1
CA
Agnico Eagle Mines Ltd
NYSE:AEM
42B USD 5.8 68.1 11.3 19.3
CA
Barrick Gold Corp
TSX:ABX
49.6B CAD 3.1 24.4 7.1 11.6
CA
Wheaton Precious Metals Corp
NYSE:WPM
29.2B USD 25.8 51.2 34.3 47.9
CA
Franco-Nevada Corp
NYSE:FNV
24.7B USD 21.8 -42.3 24.6 33.4
RU
Polyus PAO
MOEX:PLZL
1.8T RUB 3.9 12.2 5.6 6.5
ZA
Gold Fields Ltd
NYSE:GFI
14.5B USD 3.2 20.6 5.8 8.5

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