Torex Gold Resources Inc
TSX:TXG

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Torex Gold Resources Inc
TSX:TXG
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Price: 28.62 CAD -2.52% Market Closed
Market Cap: 2.5B CAD
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Relative Value

The Relative Value of one TXG stock under the Base Case scenario is 30 CAD. Compared to the current market price of 28.62 CAD, Torex Gold Resources Inc is Undervalued by 5%.

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.

TXG Relative Value
Base Case
30 CAD
Undervaluation 5%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
31
vs Industry
54
Median 3Y
1.3
Median 5Y
1.4
Industry
1.7
Forward
1.5
vs History
26
vs Industry
23
Median 3Y
6
Median 5Y
6.5
Industry
15.3
Forward
8.1
vs History
26
vs Industry
26
Median 3Y
3.2
Median 5Y
3.3
Industry
9
vs History
vs Industry
15
Median 3Y
-5.1
Median 5Y
9.7
Industry
15.2
vs History
30
vs Industry
56
Median 3Y
0.8
Median 5Y
0.9
Industry
1.4
vs History
23
vs Industry
56
Median 3Y
1
Median 5Y
1.1
Industry
2
Forward
1.5
vs History
36
vs Industry
49
Median 3Y
2.8
Median 5Y
3.2
Industry
7.1
vs History
22
vs Industry
28
Median 3Y
1.8
Median 5Y
1.9
Industry
9.8
Forward
3
vs History
36
vs Industry
24
Median 3Y
3.2
Median 5Y
3.6
Industry
12.5
Forward
4.7
vs History
22
vs Industry
28
Median 3Y
2.5
Median 5Y
2.6
Industry
10.2
vs History
vs Industry
20
Median 3Y
-4.1
Median 5Y
4.3
Industry
13.2
vs History
33
vs Industry
55
Median 3Y
0.7
Median 5Y
0.8
Industry
1.3

Multiples Across Competitors

TXG Competitors Multiples
Torex Gold Resources Inc 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
Torex Gold Resources Inc
TSX:TXG
2.5B CAD 1.5 13.7 2.9 4.7
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
Torex Gold Resources Inc
TSX:TXG
Average P/E: 7 223.6
13.7
9%
1.5
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
Torex Gold Resources Inc
TSX:TXG
Average EV/EBITDA: 3 102
2.9
12%
0.2
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
Torex Gold Resources Inc
TSX:TXG
Average EV/EBIT: 3 562.2
4.7
21%
0.2
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