Majestic Gold Corp.

TSXV:MJS Stock Report

Market Cap: CA$78.2m

Majestic Gold Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: MJS (CA$0.08) is trading below our estimate of fair value (CA$0.16)

Significantly Below Fair Value: MJS is trading below fair value by more than 20%.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for MJS. This is calculated by dividing MJS's market cap by their current earnings.
What is MJS's PE Ratio?
PE Ratio6.7x
EarningsUS$8.38m
Market CapUS$56.01m

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for MJS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average55x
FISH Sailfish Royalty
52.5x-17.8%CA$100.2m
MMY Monument Mining
10.4xn/aCA$93.6m
ORV Orvana Minerals
40.2xn/aCA$45.8m
AMX Amex Exploration
116.9x-49.9%CA$140.3m
MJS Majestic Gold
6.7xn/aCA$78.2m

Price-To-Earnings vs Peers: MJS is good value based on its Price-To-Earnings Ratio (6.7x) compared to the peer average (55x).

Price to Earnings Ratio vs Industry

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

42 CompaniesPrice / EarningsEstimated GrowthMarket Cap
IMG IAMGOLD
4.5x-11.3%US$3.19b
SLI Standard Lithium
2.8xn/aUS$300.68m
THX Thor Explorations
3.9x9.9%US$136.27m
APM Andean Precious Metals
2.3x-42.9%US$126.24m
MJS 6.7xIndustry Avg. 13.5xNo. of Companies42PE020406080100+
42 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: MJS is good value based on its Price-To-Earnings Ratio (6.7x) compared to the Canadian Metals and Mining industry average (13.5x).

Price to Earnings Ratio vs Fair Ratio

What is MJS'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.

MJS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio6.7x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate MJS's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

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

Analyst Forecast: Insufficient data to show price forecast.

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