First Quantum Minerals Ltd
TSX:FM

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First Quantum Minerals Ltd
TSX:FM
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Price: 19.28 CAD 1.1% Market Closed
Market Cap: 16B CAD
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Relative Value

The Relative Value of one FM stock under the Base Case scenario is 36.69 CAD. Compared to the current market price of 19.28 CAD, First Quantum Minerals Ltd is Undervalued by 47%.

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.

FM Relative Value
Base Case
36.69 CAD
Undervaluation 47%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
22
vs Industry
52
Median 3Y
2.1
Median 5Y
2
Industry
1.8
Forward
2.4
vs History
vs Industry
19
Median 3Y
14
Median 5Y
10.1
Industry
15.5
Forward
-351
vs History
1
vs Industry
20
Median 3Y
6.8
Median 5Y
6.7
Industry
9.2
vs History
vs Industry
6
Median 3Y
-4.6
Median 5Y
8.8
Industry
15.2
vs History
57
vs Industry
56
Median 3Y
1.3
Median 5Y
1.2
Industry
1.5
vs History
19
vs Industry
45
Median 3Y
2.8
Median 5Y
3
Industry
2.2
Forward
3.4
vs History
23
vs Industry
23
Median 3Y
9.6
Median 5Y
13.1
Industry
7.3
vs History
1
vs Industry
19
Median 3Y
6.6
Median 5Y
7.5
Industry
10
Forward
11.1
vs History
3
vs Industry
12
Median 3Y
10.6
Median 5Y
15.8
Industry
12.8
Forward
28.6
vs History
1
vs Industry
18
Median 3Y
8.9
Median 5Y
10.1
Industry
10.5
vs History
vs Industry
4
Median 3Y
14.7
Median 5Y
16.7
Industry
14.1
vs History
53
vs Industry
60
Median 3Y
0.8
Median 5Y
0.8
Industry
1.3

Multiples Across Competitors

FM Competitors Multiples
First Quantum 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
CA
First Quantum Minerals Ltd
TSX:FM
16.1B CAD 2.4 -7.5 12 24.4
US
Southern Copper Corp
NYSE:SCCO
77.5B USD 7.4 28.2 14.5 17.1
US
Freeport-McMoRan Inc
NYSE:FCX
62.8B USD 2.5 31.7 6.8 8.9
UK
Antofagasta PLC
LSE:ANTO
16.4B GBP 3.2 26.9 6 10.9
CN
Jiangxi Copper Co Ltd
SSE:600362
73.3B CNY 0.1 11.2 12 12
CA
Lundin Mining Corp
TSX:LUN
11B CAD 1.9 28.5 5.6 11.1
PL
KGHM Polska Miedz SA
WSE:KGH
26.1B PLN 0.8 -8.1 13 118.2
AU
OZ Minerals Ltd
ASX:OZL
9.4B AUD 4.9 45.5 30.1 30.1
CN
Tongling Nonferrous Metals Group Co Ltd
SZSE:000630
42.1B CNY 0.3 14.8 9.6 9.6
DE
Aurubis AG
XETRA:NDA
3.4B EUR 0.2 12.4 6.5 10.9
CN
Yunnan Copper Co Ltd
SZSE:000878
25.2B CNY 0.2 15.5 12.1 12.1

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