Endeavour Mining plc

TSX:EDV Stock Report

Market Cap: CA$19.0b

Endeavour Mining Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • 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 EDV 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: EDV (CA$74.65) is trading below our estimate of future cash flow value (CA$107.97)

Significantly Below Future Cash Flow Value: EDV is trading below future cash flow value by more than 20%.


Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for EDV. This is calculated by dividing EDV's market cap by their current earnings.
What is EDV's PE Ratio?
PE Ratio26.7x
EarningsUS$492.20m
Market CapUS$13.88b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for EDV vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average62.1x
AGI Alamos Gold
29.4x20.64%CA$23.3b
EQX Equinox Gold
173.4x97.09%CA$16.4b
LUG Lundin Gold
25.8x17.84%CA$25.6b
ELD Eldorado Gold
19.8x58.63%CA$10.9b
EDV Endeavour Mining
26.7x36.94%CA$19.0b

Price-To-Earnings vs Peers: EDV is expensive based on its Price-To-Earnings Ratio (26.7x) compared to the peer average (26.2x).


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

31 CompaniesPrice / EarningsEstimated GrowthMarket Cap
THX Thor Explorations
4.3x-11.92%US$773.81m
DC.A Dundee
2.9xn/aUS$293.74m
LUC Lucara Diamond
4.5x-87.70%US$282.57m
NIF.UN Noranda Income Fund
4.2xn/aUS$72.05m
EDV 26.7xIndustry Avg. 23.8xNo. of Companies31PE020406080100+
31 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: EDV is expensive based on its Price-To-Earnings Ratio (26.7x) compared to the Canadian Metals and Mining industry average (23.8x).


Price to Earnings Ratio vs Fair Ratio

What is EDV'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.

EDV PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio26.7x
Fair PE Ratio34.7x

Price-To-Earnings vs Fair Ratio: EDV is good value based on its Price-To-Earnings Ratio (26.7x) compared to the estimated Fair Price-To-Earnings Ratio (34.7x).


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 EDV forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCA$74.65
CA$91.65
+22.77%
19.92%CA$117.00CA$37.50n/a12
Jan ’27CA$70.68
CA$77.00
+8.94%
17.09%CA$88.00CA$37.50n/a12
Dec ’26CA$65.40
CA$74.53
+13.95%
16.03%CA$87.00CA$37.50n/a12
Nov ’26CA$56.19
CA$72.40
+28.85%
16.26%CA$87.00CA$37.50n/a12
Oct ’26CA$58.58
CA$58.66
+0.14%
18.64%CA$80.00CA$37.50n/a12
Sep ’26CA$47.75
CA$53.68
+12.43%
11.02%CA$63.00CA$37.50n/a12
Aug ’26CA$42.21
CA$52.27
+23.83%
11.85%CA$63.00CA$37.50n/a12
Jul ’26CA$41.99
CA$47.97
+14.23%
13.57%CA$61.00CA$37.50n/a12
Jun ’26CA$42.07
CA$47.51
+12.93%
11.48%CA$61.00CA$41.00n/a12
May ’26CA$38.00
CA$46.83
+23.25%
12.32%CA$61.00CA$37.00n/a12
Apr ’26CA$34.49
CA$42.14
+22.19%
11.81%CA$50.00CA$34.00n/a12
Mar ’26CA$28.67
CA$40.88
+42.57%
10.50%CA$49.00CA$34.00n/a12
Feb ’26CA$29.89
CA$42.02
+40.58%
9.09%CA$49.00CA$36.70CA$74.3411
Jan ’26CA$26.05
CA$43.47
+66.88%
9.77%CA$52.00CA$36.70CA$70.6811
Dec ’25CA$27.87
CA$43.84
+57.29%
8.74%CA$52.00CA$39.70CA$65.4011
Nov ’25CA$31.04
CA$43.69
+40.76%
13.20%CA$56.00CA$36.00CA$56.1911
Oct ’25CA$32.42
CA$42.80
+32.03%
11.84%CA$53.00CA$37.10CA$58.5811
Sep ’25CA$28.41
CA$41.11
+44.72%
14.32%CA$53.00CA$32.50CA$47.7511
Aug ’25CA$29.32
CA$42.30
+44.25%
14.22%CA$53.00CA$32.50CA$42.2111
Jul ’25CA$28.90
CA$40.13
+38.85%
13.91%CA$51.00CA$32.40CA$41.9911
Jun ’25CA$29.59
CA$39.75
+34.35%
14.01%CA$51.00CA$31.30CA$42.0711
May ’25CA$28.91
CA$38.81
+34.24%
12.01%CA$51.00CA$31.90CA$38.0011
Apr ’25CA$28.49
CA$36.11
+26.74%
12.24%CA$45.00CA$29.00CA$34.4911
Mar ’25CA$23.63
CA$35.55
+50.43%
12.55%CA$45.00CA$29.00CA$28.6711
Feb ’25CA$23.90
CA$37.45
+56.69%
10.35%CA$45.00CA$31.00CA$29.8910
CA$91.65
Fair Value
18.5% undervalued intrinsic discount
12
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/02/05 04:38
End of Day Share Price 2026/02/05 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

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

Endeavour Mining plc is covered by 41 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Amos FletcherBarclays
William DalbyBerenberg
Richard HatchBerenberg