Osisko Gold Royalties Ltd
TSX:OR

Watchlist Manager
Osisko Gold Royalties Ltd Logo
Osisko Gold Royalties Ltd
TSX:OR
Watchlist
Price: 26.81 CAD -0.15% Market Closed
Market Cap: 5B CAD
Have any thoughts about
Osisko Gold Royalties Ltd?
Write Note

Relative Value

The Relative Value of one OR stock under the Base Case scenario is 14.44 CAD. Compared to the current market price of 26.81 CAD, Osisko Gold Royalties Ltd is Overvalued by 46%.

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.

OR Relative Value
Base Case
14.44 CAD
Overvaluation 46%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
1
vs Industry
30
Median 3Y
15.1
Median 5Y
12.2
Industry
1.7
Forward
19.2
vs History
vs Industry
2
Median 3Y
-72.5
Median 5Y
-25.2
Industry
15.3
Forward
38.2
vs History
39
vs Industry
8
Median 3Y
24.2
Median 5Y
23
Industry
9
vs History
vs Industry
12
Median 3Y
-19.4
Median 5Y
-15.5
Industry
15.2
vs History
1
vs Industry
23
Median 3Y
2
Median 5Y
1.6
Industry
1.4
vs History
1
vs Industry
27
Median 3Y
15.6
Median 5Y
12.5
Industry
2
Forward
19.2
vs History
26
vs Industry
13
Median 3Y
22.1
Median 5Y
22.6
Industry
7.1
vs History
17
vs Industry
8
Median 3Y
20.6
Median 5Y
20.8
Industry
9.8
Forward
25.5
vs History
61
vs Industry
6
Median 3Y
30.2
Median 5Y
32.4
Industry
12.5
Forward
28.6
vs History
41
vs Industry
9
Median 3Y
23.5
Median 5Y
23.7
Industry
10.2
vs History
23
vs Industry
9
Median 3Y
-16.6
Median 5Y
-17.9
Industry
13.2
vs History
1
vs Industry
24
Median 3Y
1.8
Median 5Y
1.4
Industry
1.3

Multiples Across Competitors

OR Competitors Multiples
Osisko Gold Royalties 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
Osisko Gold Royalties Ltd
TSX:OR
5B CAD 20.1 -91 24.4 31.4
RU
Polyus PJSC
LSE:PLZL
70.4T USD 16 203.7 50 429.4 27 820.4 31 925.8
ZA
Gold Fields Ltd
JSE:GFI
237B Zac 0 0 0 0
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
98.6B Zac 0 0 0 0
CN
Zijin Mining Group Co Ltd
SSE:601899
413.8B CNY 1.4 14.1 12.3 12.3
US
Newmont Corporation
NYSE:NEM
43.6B USD 2.6 -35.9 8.8 16
CA
Agnico Eagle Mines Ltd
TSX:AEM
58.7B CAD 5.2 40.4 9.7 15.2
CA
Barrick Gold Corp
TSX:ABX
40B CAD 2.2 17 5.1 8.1
CA
Wheaton Precious Metals Corp
TSX:WPM
37.7B CAD 21.4 42.9 27.9 38.4
CA
Franco-Nevada Corp
TSX:FNV
34B CAD 21.5 -38.9 24.1 32.3
RU
Polyus PAO
MOEX:PLZL
1.9T RUB 3.6 7.6 6.5 7.3
P/E Multiple
Earnings Growth PEG
CA
Osisko Gold Royalties Ltd
TSX:OR
Average P/E: 8 425.2
Negative Multiple: -91
N/A N/A
RU
P
Polyus PJSC
LSE:PLZL
50 429.4
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
14.1
26%
0.5
US
Newmont Corporation
NYSE:NEM
Negative Multiple: -35.9 N/A N/A
CA
Agnico Eagle Mines Ltd
TSX:AEM
40.4
4%
10.1
CA
Barrick Gold Corp
TSX:ABX
17
38%
0.4
CA
Wheaton Precious Metals Corp
TSX:WPM
42.9
16%
2.7
CA
Franco-Nevada Corp
TSX:FNV
Negative Multiple: -38.9 N/A N/A
RU
Polyus PAO
MOEX:PLZL
7.6
N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Osisko Gold Royalties Ltd
TSX:OR
Average EV/EBITDA: 3 104.4
24.4
15%
1.6
RU
P
Polyus PJSC
LSE:PLZL
27 820.4
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
12.3
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
5.1
19%
0.3
CA
Wheaton Precious Metals Corp
TSX:WPM
27.9
21%
1.3
CA
Franco-Nevada Corp
TSX:FNV
24.1
9%
2.7
RU
Polyus PAO
MOEX:PLZL
6.5
N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Osisko Gold Royalties Ltd
TSX:OR
Average EV/EBIT: 3 565.2
31.4
14%
2.2
RU
P
Polyus PJSC
LSE:PLZL
31 925.8
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
12.3
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
8.1
27%
0.3
CA
Wheaton Precious Metals Corp
TSX:WPM
38.4
23%
1.7
CA
Franco-Nevada Corp
TSX:FNV
32.3
4%
8.1
RU
Polyus PAO
MOEX:PLZL
7.3
N/A N/A