McEwen Mining Inc
NYSE:MUX

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McEwen Mining Inc Logo
McEwen Mining Inc
NYSE:MUX
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Price: 20.81 USD 1.56% Market Closed
Market Cap: 1.1B USD
Section:
 

Relative Value

The Relative Value of one MUX stock under the Base Case scenario is 12.09 USD. Compared to the current market price of 20.81 USD, McEwen Mining Inc is Overvalued by 42%.

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.

MUX Relative Value
Base Case
12.09 USD
Overvaluation 42%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

6.8
P/S
P/S
Price to Sales
6.8
vs History
1
vs Industry
49
Median 3Y
2.7
Median 5Y
2.9
Industry
2.2
Forward
6.3
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
27
Median 3Y
-3.6
Median 5Y
-4
Industry
19.5
Forward
-6 185.6
More Details
444.6
P/OCF
P/OCF
Price to OCF
444.6
vs History
0
vs Industry
18
Median 3Y
9.4
Median 5Y
-5.7
Industry
11.5
More Details
30.8
P/FCFE
P/FCFE
Price to FCFE
30.8
vs History
4
vs Industry
4
Median 3Y
-2.4
Median 5Y
-3.4
Industry
18.9
More Details
2.3
P/B
P/B
Price to Book Value
2.3
vs History
0
vs Industry
59
Median 3Y
1
Median 5Y
1
Industry
2.3
More Details
7.1
EV/S
EV/S
Enterprise Value to Sales
7.1
vs History
0
vs Industry
49
Median 3Y
2.5
Median 5Y
2.7
Industry
2.6
Forward
6.6
More Details
38.8
EV/GP
EV/GP
Enterprise Value to Gross Profit
38.8
vs History
9
vs Industry
29
Median 3Y
19.9
Median 5Y
12.6
Industry
8.7
More Details
67.3
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
67.3
vs History
0
vs Industry
31
Median 3Y
2
Median 5Y
-2.8
Industry
12.8
Forward
18.9
More Details
Negative
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
N/A
vs History
vs Industry
29
Median 3Y
-2.2
Median 5Y
-3.6
Industry
15.4
Forward
-308.1
More Details
464.5
EV/OCF
EV/OCF
Enterprise Value to OCF
464.5
vs History
0
vs Industry
20
Median 3Y
9.4
Median 5Y
-5
Industry
12.9
More Details
Negative
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
N/A
vs History
vs Industry
5
Median 3Y
-8
Median 5Y
-8
Industry
17.5
More Details
1.9
EV/IC
EV/IC
Enterprise Value to IC
1.9
vs History
0
vs Industry
60
Median 3Y
0.7
Median 5Y
0.8
Industry
2
More Details

Multiples Across Competitors

MUX Competitors Multiples
McEwen Mining Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
McEwen Mining Inc
NYSE:MUX
1.1B USD 6.8 -95.1 67.3 -119.2
RU
Polyus PJSC
LSE:PLZL
70.4T USD 11 585 36 055.1 19 890.5 22 825.7
ZA
Gold Fields Ltd
JSE:GFI
668.8B Zac 0 0 0 0
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
211.2B Zac 0 0 0 0
CN
Zijin Mining Group Co Ltd
SSE:601899
990.3B CNY 3 21.7 17.6 17.6
US
Newmont Corporation
NYSE:NEM
118.9B USD 5.5 16.5 10 12.7
AU
Greatland Gold PLC
ASX:GGP
152.3B AUD 79.4 225.4 162.3 182.2
CA
Agnico Eagle Mines Ltd
TSX:AEM
133.5B CAD 9.1 27.8 13.7 18
CA
Barrick Mining Corp
F:ABR0
69B EUR 5.5 22.4 9.6 12.2
CA
Barrick Gold Corp
TSX:ABX
112.2B CAD 5.5 22.5 9.6 12.3
CA
Wheaton Precious Metals Corp
TSX:WPM
78.9B CAD 31 56.6 41.4 52.7
P/E Multiple
Earnings Growth PEG
CA
McEwen Mining Inc
NYSE:MUX
Average P/E: 4 556
Negative Multiple: -95.1 		N/A N/A
RU
P
Polyus PJSC
LSE:PLZL
36 055.1
N/A N/A
ZA
G
Gold Fields Ltd
JSE:GFI
Not Available
48%
N/A
ZA
H
Harmony Gold Mining Company Ltd
JSE:HAR
Not Available
39%
N/A
CN
Zijin Mining Group Co Ltd
SSE:601899
21.7
26%
0.8
US
Newmont Corporation
NYSE:NEM
16.5
43%
0.4
AU
G
Greatland Gold PLC
ASX:GGP
225.4
N/A N/A
CA
Agnico Eagle Mines Ltd
TSX:AEM
27.8
43%
0.6
CA
Barrick Mining Corp
F:ABR0
22.4
45%
0.5
CA
Barrick Gold Corp
TSX:ABX
22.5
44%
0.5
CA
Wheaton Precious Metals Corp
TSX:WPM
56.6
45%
1.3
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
McEwen Mining Inc
NYSE:MUX
Average EV/EBITDA: 2 246.9
67.3
140%
0.5
RU
P
Polyus PJSC
LSE:PLZL
19 890.5
N/A N/A
ZA
G
Gold Fields Ltd
JSE:GFI
Not Available
34%
N/A
ZA
H
Harmony Gold Mining Company Ltd
JSE:HAR
Not Available
30%
N/A
CN
Zijin Mining Group Co Ltd
SSE:601899
17.6
34%
0.5
US
Newmont Corporation
NYSE:NEM
10
25%
0.4
AU
G
Greatland Gold PLC
ASX:GGP
162.3
-5%
N/A
CA
Agnico Eagle Mines Ltd
TSX:AEM
13.7
28%
0.5
CA
Barrick Mining Corp
F:ABR0
9.6
33%
0.3
CA
Barrick Gold Corp
TSX:ABX
9.6
33%
0.3
CA
Wheaton Precious Metals Corp
TSX:WPM
41.4
32%
1.3
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
McEwen Mining Inc
NYSE:MUX
Average EV/EBIT: 2 891.7
Negative Multiple: -119.2 		N/A N/A
RU
P
Polyus PJSC
LSE:PLZL
22 825.7
N/A N/A
ZA
G
Gold Fields Ltd
JSE:GFI
Not Available
39%
N/A
ZA
H
Harmony Gold Mining Company Ltd
JSE:HAR
Not Available
32%
N/A
CN
Zijin Mining Group Co Ltd
SSE:601899
17.6
28%
0.6
US
Newmont Corporation
NYSE:NEM
12.7
29%
0.4
AU
G
Greatland Gold PLC
ASX:GGP
182.2
-3%
N/A
CA
Agnico Eagle Mines Ltd
TSX:AEM
18
37%
0.5
CA
Barrick Mining Corp
F:ABR0
12.2
43%
0.3
CA
Barrick Gold Corp
TSX:ABX
12.3
43%
0.3
CA
Wheaton Precious Metals Corp
TSX:WPM
52.7
28%
1.9

See Also

Summary
MUX intrinsic value, competitors valuation, and company profile.
DCF Valuation
MUX stock valuation using Discount Cash Flow valuation method.
Relative Valuation
MUX stock valuation using valuation multiples.
Wall Street Estimates
MUX price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
MUX stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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