A

Asante Gold Corp
CNSX:ASE

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Asante Gold Corp
CNSX:ASE
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Price: 1.02 CAD -2.86% Market Closed
Market Cap: 511.1m CAD
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Relative Value

The Relative Value of one ASE stock under the Base Case scenario is 0.98 CAD. Compared to the current market price of 1.02 CAD, Asante Gold Corp is Overvalued by 4%.

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.

ASE Relative Value
Base Case
0.98 CAD
Overvaluation 4%
Relative Value
Price
A
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
41
vs Industry
62
Median 3Y
1.2
Median 5Y
0
Industry
1.7
Forward
0.5
vs History
vs Industry
Median 3Y
-6.8
Median 5Y
-9.7
Industry
15.3
Forward
-2.9
vs History
9
vs Industry
21
Median 3Y
2.5
Median 5Y
1.5
Industry
9
vs History
vs Industry
6
Median 3Y
-3.3
Median 5Y
-3.7
Industry
15.2
vs History
vs Industry
0
Median 3Y
3.7
Median 5Y
2.9
Industry
1.4
vs History
41
vs Industry
63
Median 3Y
1.2
Median 5Y
0
Industry
2
Forward
0.4
vs History
vs Industry
Median 3Y
-11.9
Median 5Y
0
Industry
7.1
vs History
9
vs Industry
Median 3Y
-11
Median 5Y
-12
Industry
9.8
Forward
-6.4
vs History
vs Industry
Median 3Y
-5.9
Median 5Y
-7.1
Industry
12.5
Forward
1.5
vs History
9
vs Industry
24
Median 3Y
2.5
Median 5Y
1.5
Industry
10.2
vs History
vs Industry
4
Median 3Y
-2.3
Median 5Y
-2.7
Industry
13.2
vs History
55
vs Industry
40
Median 3Y
1.5
Median 5Y
1.5
Industry
1.3

Multiples Across Competitors

ASE Competitors Multiples
Asante Gold Corp Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Asante Gold Corp
CNSX:ASE
478.6m CAD 1 -19.5 8.3 -7.9
RU
Polyus PJSC
LSE:PLZL
70.4T USD 15 727.1 48 946.1 27 002.2 30 986.8
ZA
Gold Fields Ltd
JSE:GFI
239.6B Zac 0 0 0 0
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
100B Zac 0 0 0 0
CN
Zijin Mining Group Co Ltd
SSE:601899
420.7B CNY 1.4 14.4 12.5 12.5
US
Newmont Corporation
NYSE:NEM
43.7B USD 2.6 -36 8.8 16
CA
Agnico Eagle Mines Ltd
TSX:AEM
58.5B CAD 5.2 40.5 9.7 15.2
CA
Barrick Gold Corp
TSX:ABX
39.1B CAD 2.2 16.7 5 7.9
CA
Wheaton Precious Metals Corp
TSX:WPM
37B CAD 21.2 42.3 27.6 37.9
CA
Franco-Nevada Corp
TSX:FNV
34.1B CAD 21.7 -39.2 24.3 32.6
RU
Polyus PAO
MOEX:PLZL
1.9T RUB 3.6 7.5 6.4 7.3
P/E Multiple
Earnings Growth PEG
CA
A
Asante Gold Corp
CNSX:ASE
Average P/E: 8 177.9
Negative Multiple: -19.5
N/A N/A
RU
P
Polyus PJSC
LSE:PLZL
48 946.1
N/A N/A
ZA
G
Gold Fields Ltd
JSE:GFI
Not Available
43%
N/A
ZA
H
Harmony Gold Mining Company Ltd
JSE:HAR
Not Available
26%
N/A
CN
Zijin Mining Group Co Ltd
SSE:601899
14.4
26%
0.6
US
Newmont Corporation
NYSE:NEM
Negative Multiple: -36 N/A N/A
CA
Agnico Eagle Mines Ltd
TSX:AEM
40.5
4%
10.1
CA
Barrick Gold Corp
TSX:ABX
16.7
38%
0.4
CA
Wheaton Precious Metals Corp
TSX:WPM
42.3
16%
2.6
CA
Franco-Nevada Corp
TSX:FNV
Negative Multiple: -39.2 N/A N/A
RU
Polyus PAO
MOEX:PLZL
7.5
N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
A
Asante Gold Corp
CNSX:ASE
Average EV/EBITDA: 3 011.6
8.3
N/A N/A
RU
P
Polyus PJSC
LSE:PLZL
27 002.2
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
14%
N/A
CN
Zijin Mining Group Co Ltd
SSE:601899
12.5
34%
0.4
US
Newmont Corporation
NYSE:NEM
8.8
53%
0.2
CA
Agnico Eagle Mines Ltd
TSX:AEM
9.7
16%
0.6
CA
Barrick Gold Corp
TSX:ABX
5
19%
0.3
CA
Wheaton Precious Metals Corp
TSX:WPM
27.6
21%
1.3
CA
Franco-Nevada Corp
TSX:FNV
24.3
9%
2.7
RU
Polyus PAO
MOEX:PLZL
6.4
N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
A
Asante Gold Corp
CNSX:ASE
Average EV/EBIT: 3 889.5
Negative Multiple: -7.9
N/A N/A
RU
P
Polyus PJSC
LSE:PLZL
30 986.8
N/A N/A
ZA
G
Gold Fields Ltd
JSE:GFI
Not Available
25%
N/A
ZA
H
Harmony Gold Mining Company Ltd
JSE:HAR
Not Available
13%
N/A
CN
Zijin Mining Group Co Ltd
SSE:601899
12.5
25%
0.5
US
Newmont Corporation
NYSE:NEM
16
121%
0.1
CA
Agnico Eagle Mines Ltd
TSX:AEM
15.2
17%
0.9
CA
Barrick Gold Corp
TSX:ABX
7.9
27%
0.3
CA
Wheaton Precious Metals Corp
TSX:WPM
37.9
23%
1.6
CA
Franco-Nevada Corp
TSX:FNV
32.6
4%
8.1
RU
Polyus PAO
MOEX:PLZL
7.3
N/A N/A