We’ve recently updated our valuation analysis.

Alamos Gold Valuation

Is AGI undervalued compared to its fair value, analyst forecasts and its price relative to the market?

[object Object] Score

0/6

Valuation Score 0/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for AGI?

Other financial metrics that can be useful for relative valuation.

AGI key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue4.8x
Enterprise Value/EBITDA12.4x
PEG Ratio3x

Price to Sales Ratio vs Peers

How does AGI's PS Ratio compare to its peers?

The above table shows the PS ratio for AGI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average2.3x
BTO B2Gold
2.3x-10.4%CA$5.1b
YRI Yamana Gold
2.9x-2.3%CA$7.4b
K Kinross Gold
1.3x-2.7%CA$7.4b
SSRM SSR Mining
2.6x2.2%CA$4.4b
AGI Alamos Gold
5x5.7%CA$5.3b

Price-To-Sales vs Peers: AGI is expensive based on its Price-To-Sales Ratio (5x) compared to the peer average (2.3x).


Price to Earnings Ratio vs Industry

How does AGI's PE Ratio compare vs other companies in the CA Metals and Mining Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a17.0%
n/an/an/a

Price-To-Sales vs Industry: AGI is expensive based on its Price-To-Sales Ratio (5x) compared to the Canadian Metals and Mining industry average (2.3x)


Price to Sales Ratio vs Fair Ratio

What is AGI's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

AGI PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio5x
Fair PS Ratio2x

Price-To-Sales vs Fair Ratio: AGI is expensive based on its Price-To-Sales Ratio (5x) compared to the estimated Fair Price-To-Sales Ratio (2x).


Share Price vs Fair Value

What is the Fair Price of AGI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: AGI (CA$13.48) is trading above our estimate of fair value (CA$10.72)

Significantly Below Fair Value: AGI is trading above our estimate of fair value.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst AGI forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCA$13.48
CA$14.35
+6.5%
9.6%CA$16.17CA$12.00n/a10
Nov ’23CA$11.06
CA$14.06
+27.2%
11.0%CA$16.15CA$11.96n/a10
Oct ’23CA$10.24
CA$14.04
+37.2%
13.7%CA$17.06CA$11.10n/a10
Sep ’23CA$9.09
CA$13.61
+49.7%
12.3%CA$16.26CA$10.58n/a10
Aug ’23CA$10.12
CA$13.43
+32.7%
12.5%CA$15.99CA$10.40n/a10
Jul ’23CA$9.03
CA$13.94
+54.4%
14.6%CA$18.25CA$10.59n/a10
Jun ’23CA$9.79
CA$13.38
+36.7%
14.3%CA$17.28CA$9.99n/a10
May ’23CA$9.98
CA$13.33
+33.6%
14.7%CA$17.50CA$10.24n/a11
Apr ’23CA$10.82
CA$13.19
+21.9%
19.8%CA$17.50CA$9.82n/a11
Mar ’23CA$9.87
CA$12.45
+26.2%
17.0%CA$17.43CA$9.96n/a11
Feb ’23CA$8.66
CA$12.66
+46.2%
17.6%CA$17.77CA$10.01n/a11
Jan ’23CA$9.73
CA$14.18
+45.8%
18.1%CA$20.78CA$10.36n/a11
Dec ’22CA$9.54
CA$14.33
+50.2%
17.6%CA$20.72CA$10.34CA$13.3611
Nov ’22CA$9.31
CA$13.98
+50.1%
17.3%CA$20.03CA$10.22CA$11.0611
Oct ’22CA$9.04
CA$14.79
+63.6%
18.6%CA$20.37CA$10.25CA$10.2411
Sep ’22CA$9.80
CA$14.73
+50.3%
18.7%CA$20.28CA$10.04CA$9.0911
Aug ’22CA$10.14
CA$14.67
+44.6%
18.3%CA$20.04CA$9.94CA$10.1211
Jul ’22CA$9.47
CA$15.34
+62.0%
17.8%CA$20.39CA$10.54CA$9.0311
Jun ’22CA$11.06
CA$14.99
+35.5%
16.9%CA$19.66CA$10.25CA$9.7911
May ’22CA$9.85
CA$15.07
+53.0%
17.7%CA$20.05CA$10.28CA$9.9811
Apr ’22CA$10.23
CA$16.33
+59.6%
17.6%CA$20.69CA$10.23CA$10.8211
Mar ’22CA$9.08
CA$16.49
+81.6%
16.3%CA$20.74CA$11.13CA$9.8711
Feb ’22CA$10.47
CA$17.27
+65.0%
15.2%CA$20.68CA$11.16CA$8.6610
Jan ’22CA$11.12
CA$17.52
+57.5%
14.7%CA$20.64CA$11.01CA$9.7310
Dec ’21CA$11.22
CA$17.40
+55.0%
13.6%CA$19.95CA$10.92CA$9.5411

Analyst Forecast: Target price is less than 20% higher than the current share price.


Discover undervalued companies