Hudbay Minerals Inc
TSX:HBM

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Hudbay Minerals Inc
TSX:HBM
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Price: 10.45 CAD 3.77% Market Closed
Market Cap: 4.1B CAD

Relative Value

The Relative Value of one HBM stock under the Base Case scenario is 16.83 CAD. Compared to the current market price of 10.45 CAD, Hudbay Minerals Inc is Undervalued by 38%.

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.

HBM Relative Value
Base Case
16.83 CAD
Undervaluation 38%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
28
vs Industry
54
Median 3Y
1.3
Median 5Y
1.3
Industry
1.8
Forward
1.4
vs History
23
vs Industry
5
Median 3Y
32.1
Median 5Y
-1.8
Industry
15.6
Forward
13.8
vs History
55
vs Industry
25
Median 3Y
4.5
Median 5Y
4.6
Industry
9.5
vs History
12
vs Industry
7
Median 3Y
13.7
Median 5Y
-7.1
Industry
15.6
vs History
28
vs Industry
46
Median 3Y
1
Median 5Y
1
Industry
1.5
vs History
60
vs Industry
51
Median 3Y
1.8
Median 5Y
1.9
Industry
2.1
Forward
1.7
vs History
88
vs Industry
38
Median 3Y
7.7
Median 5Y
8.8
Industry
7
vs History
68
vs Industry
25
Median 3Y
4.4
Median 5Y
4.9
Industry
10.1
Forward
4.1
vs History
60
vs Industry
20
Median 3Y
9.1
Median 5Y
9.1
Industry
12.9
Forward
6.9
vs History
73
vs Industry
25
Median 3Y
6.3
Median 5Y
6.6
Industry
10.8
vs History
63
vs Industry
14
Median 3Y
14.1
Median 5Y
13
Industry
14.1
vs History
17
vs Industry
54
Median 3Y
0.7
Median 5Y
0.6
Industry
1.3

Multiples Across Competitors

HBM Competitors Multiples
Hudbay Minerals Inc Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Hudbay Minerals Inc
TSX:HBM
4.1B CAD 1.5 38.8 4.2 8.5
AU
BHP Group Ltd
ASX:BHP
193.1B AUD 2.3 10.9 4.9 6.1
AU
Rio Tinto Ltd
ASX:RIO
186.5B AUD 2.2 10.3 5.6 7.8
UK
Rio Tinto PLC
LSE:RIO
74.9B GBP 1.9 8.6 25.1 34.5
CH
Glencore PLC
LSE:GLEN
32.6B GBP 0.2 -26.6 221.8 562.4
SA
Saudi Arabian Mining Company SJSC
SAU:1211
154.3B SAR 4.7 53.7 12.4 18.5
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
798.6B MXN 2.5 11.5 5 5.9
UK
Anglo American PLC
LSE:AAL
28.8B GBP 1.4 -12.5 105 170.2
ZA
African Rainbow Minerals Ltd
JSE:ARI
31.4B Zac 0 0 0 0
IN
Hindustan Zinc Ltd
NSE:HINDZINC
1.9T INR 5.7 19.9 11.3 14.5
CN
CMOC Group Ltd
SSE:603993
154.4B CNY 0.7 11.4 5.3 5.3
P/E Multiple
Earnings Growth PEG
CA
Hudbay Minerals Inc
TSX:HBM
Average P/E: 20.6
38.8
61%
0.6
AU
BHP Group Ltd
ASX:BHP
10.9
-13%
N/A
AU
Rio Tinto Ltd
ASX:RIO
10.3
-1%
N/A
UK
Rio Tinto PLC
LSE:RIO
8.6
-1%
N/A
CH
Glencore PLC
LSE:GLEN
Negative Multiple: -26.6 N/A N/A
SA
Saudi Arabian Mining Company SJSC
SAU:1211
53.7
33%
1.6
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
11.5
9%
1.3
UK
Anglo American PLC
LSE:AAL
Negative Multiple: -12.5 N/A N/A
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
Not Available
-76%
N/A
IN
Hindustan Zinc Ltd
NSE:HINDZINC
19.9
18%
1.1
CN
CMOC Group Ltd
SSE:603993
11.4
12%
1
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Hudbay Minerals Inc
TSX:HBM
Average EV/EBITDA: 40.1
4.2
8%
0.5
AU
BHP Group Ltd
ASX:BHP
4.9
-4%
N/A
AU
Rio Tinto Ltd
ASX:RIO
5.6
5%
1.1
UK
Rio Tinto PLC
LSE:RIO
25.1
6%
4.2
CH
Glencore PLC
LSE:GLEN
221.8
18%
12.3
SA
Saudi Arabian Mining Company SJSC
SAU:1211
12.4
0%
N/A
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
5
7%
0.7
UK
Anglo American PLC
LSE:AAL
105
8%
13.1
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
Not Available
227%
N/A
IN
Hindustan Zinc Ltd
NSE:HINDZINC
11.3
14%
0.8
CN
CMOC Group Ltd
SSE:603993
5.3
15%
0.4
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Hudbay Minerals Inc
TSX:HBM
Average EV/EBIT: 83.4
8.5
12%
0.7
AU
BHP Group Ltd
ASX:BHP
6.1
-5%
N/A
AU
Rio Tinto Ltd
ASX:RIO
7.8
5%
1.6
UK
Rio Tinto PLC
LSE:RIO
34.5
6%
5.8
CH
Glencore PLC
LSE:GLEN
562.4
32%
17.6
SA
Saudi Arabian Mining Company SJSC
SAU:1211
18.5
4%
4.6
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
5.9
5%
1.2
UK
Anglo American PLC
LSE:AAL
170.2
14%
12.2
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
Not Available
219%
N/A
IN
Hindustan Zinc Ltd
NSE:HINDZINC
14.5
17%
0.9
CN
CMOC Group Ltd
SSE:603993
5.3
N/A N/A