DPM Metals Inc.

TSX:DPM Stock Report

Market Cap: CA$12.0b

DPM Metals Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

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

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: DPM (CA$54.83) is trading below our estimate of future cash flow value (CA$62.12)

Significantly Below Future Cash Flow Value: DPM is trading below future cash flow value, but not by a significant amount.

Key Valuation Metric

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

Key metric: As DPM is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for DPM. This is calculated by dividing DPM's market cap by their current earnings.
What is DPM's PE Ratio?
PE Ratio24.3x
EarningsUS$369.23m
Market CapUS$8.81b

Price to Earnings Ratio vs Peers

How does DPM's PE Ratio compare to its peers?

The above table shows the PE ratio for DPM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average24.4x
ELD Eldorado Gold
15.4x39.62%CA$10.9b
OGC OceanaGold
13.7x9.20%CA$11.5b
NGD New Gold
35.5x62.59%CA$12.1b
TFPM Triple Flag Precious Metals
33.2x10.94%CA$10.8b
DPM DPM Metals
24.3x11.80%CA$12.0b

Price-To-Earnings vs Peers: DPM is good value based on its Price-To-Earnings Ratio (24.3x) compared to the peer average (24.5x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

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

32 CompaniesPrice / EarningsEstimated GrowthMarket Cap
THX Thor Explorations
4.5x-11.92%US$755.54m
DC.A Dundee
3.1xn/aUS$291.48m
MMY Monument Mining
4.7xn/aUS$262.38m
NIF.UN Noranda Income Fund
4.2xn/aUS$72.05m
DPM 24.3xIndustry Avg. 18.6xNo. of Companies32PE020406080100+
32 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: DPM is expensive based on its Price-To-Earnings Ratio (24.3x) compared to the Canadian Metals and Mining industry average (18.6x).

Price to Earnings Ratio vs Fair Ratio

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

DPM PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio24.3x
Fair PE Ratio21.5x

Price-To-Earnings vs Fair Ratio: DPM is expensive based on its Price-To-Earnings Ratio (24.3x) compared to the estimated Fair Price-To-Earnings Ratio (21.5x).

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 DPM forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCA$54.83
CA$60.66
+10.64%
10.28%CA$69.78CA$45.86n/a12
Feb ’27CA$47.51
CA$52.08
+9.62%
12.26%CA$64.91CA$42.88n/a12
Jan ’27CA$42.42
CA$46.23
+8.98%
7.47%CA$52.04CA$41.42n/a12
Dec ’26CA$38.36
CA$42.31
+10.30%
10.12%CA$51.05CA$35.93n/a12
Nov ’26CA$30.00
CA$41.53
+38.43%
10.20%CA$51.02CA$35.92n/a12
Oct ’26CA$31.33
CA$32.91
+5.04%
13.88%CA$38.47CA$24.37n/a12
Sep ’26CA$25.46
CA$27.41
+7.67%
10.71%CA$34.27CA$23.54n/a9
Aug ’26CA$23.98
CA$27.46
+14.50%
10.85%CA$34.49CA$23.65n/a9
Jul ’26CA$21.88
CA$24.55
+12.21%
6.90%CA$28.51CA$22.76n/a9
Jun ’26CA$21.15
CA$22.82
+7.92%
4.97%CA$24.85CA$20.87n/a9
May ’26CA$17.76
CA$22.47
+26.52%
5.30%CA$24.89CA$20.84n/a11
Apr ’26CA$19.13
CA$20.16
+5.38%
9.70%CA$24.49CA$17.79n/a11
Mar ’26CA$16.96
CA$19.53
+15.13%
4.52%CA$21.32CA$18.32CA$59.0611
Feb ’26CA$14.73
CA$18.58
+26.13%
5.25%CA$20.21CA$17.02CA$47.5110
Jan ’26CA$13.04
CA$18.35
+40.74%
4.65%CA$20.02CA$17.02CA$42.4210
Dec ’25CA$13.12
CA$18.12
+38.14%
6.43%CA$20.11CA$15.99CA$38.369
Nov ’25CA$13.84
CA$18.01
+30.11%
6.97%CA$20.08CA$15.98CA$30.009
Oct ’25CA$13.82
CA$16.49
+19.30%
9.22%CA$20.09CA$14.45CA$31.339
Sep ’25CA$13.13
CA$15.72
+19.69%
5.86%CA$17.80CA$14.25CA$25.469
Aug ’25CA$11.74
CA$15.63
+33.13%
4.30%CA$16.29CA$14.53CA$23.989
Jul ’25CA$10.71
CA$14.60
+36.35%
6.59%CA$15.98CA$13.00CA$21.889
Jun ’25CA$11.25
CA$14.32
+27.26%
7.52%CA$15.98CA$12.91CA$21.159
May ’25CA$10.55
CA$13.79
+30.71%
6.53%CA$15.92CA$12.86CA$17.769
Apr ’25CA$10.35
CA$13.42
+29.67%
8.49%CA$15.95CA$11.45CA$19.139
Mar ’25CA$9.44
CA$13.33
+41.17%
7.05%CA$15.06CA$11.50CA$16.969
CA$60.66
Fair Value
9.6% undervalued intrinsic discount
12
Number of Analysts

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

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/03/06 11:34
End of Day Share Price 2026/03/06 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

DPM Metals Inc. is covered by 19 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael KozakATB Cormark Historical (Cormark Securities)
Bereket BerheBeacon Securities Limited
Raj RayBMO Capital Markets Equity Research