Agnico Eagle Mines Limited

BRSE:AEM Stock Report

Market Cap: CHF 34.6b

Agnico Eagle Mines Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • 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 AEM when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: AEM (CHF64.2) is trading above our estimate of fair value (CHF46.62)

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


Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

AEM 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/Revenue5.6x
Enterprise Value/EBITDA11.2x
PEG Ratio4.6x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for AEM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average30.7x
SIKA Sika
34x11.6%CHF 41.7b
GIVN Givaudan
37.5x5.3%CHF 38.7b
HOLN Holcim
14.9x8.0%CHF 44.6b
EMSN EMS-CHEMIE HOLDING
36.3x7.9%CHF 16.6b
AEM Agnico Eagle Mines
64.4x14.0%CHF 39.9b

Price-To-Earnings vs Peers: AEM is expensive based on its Price-To-Earnings Ratio (64.4x) compared to the peer average (30.4x).


Price to Earnings Ratio vs Industry

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

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a27.2%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a27.2%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: AEM is expensive based on its Price-To-Earnings Ratio (64.4x) compared to the European Metals and Mining industry average (15.3x).


Price to Earnings Ratio vs Fair Ratio

What is AEM'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.

AEM PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio64.4x
Fair PE Ratio29.3x

Price-To-Earnings vs Fair Ratio: AEM is expensive based on its Price-To-Earnings Ratio (64.4x) compared to the estimated Fair Price-To-Earnings Ratio (29.3x).


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 AEM forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCHF 64.20
CHF 69.31
+8.0%
16.0%CHF 87.35CHF 48.43n/a11
Aug ’25CHF 64.20
CHF 69.54
+8.3%
14.7%CHF 88.24CHF 48.92n/a12
Jul ’25CHF 64.20
CHF 68.39
+6.5%
13.2%CHF 77.40CHF 50.33n/a12
Jun ’25CHF 64.20
CHF 69.03
+7.5%
13.2%CHF 78.99CHF 50.24n/a13
May ’25CHF 64.20
CHF 66.63
+3.8%
14.3%CHF 78.73CHF 50.08n/a13
Apr ’25CHF 64.20
CHF 59.45
-7.4%
10.2%CHF 69.66CHF 48.85n/a13
Mar ’25CHF 64.20
CHF 57.20
-10.9%
9.3%CHF 65.90CHF 47.45n/a13
Feb ’25CHF 64.20
CHF 57.45
-10.5%
8.0%CHF 64.33CHF 46.32n/a12
Jan ’25CHF 64.20
CHF 56.92
-11.3%
9.1%CHF 65.36CHF 46.19n/a13
Dec ’24CHF 64.20
CHF 56.44
-12.1%
9.4%CHF 65.20CHF 46.08n/a12
Nov ’24CHF 64.20
CHF 57.79
-10.0%
8.7%CHF 64.92CHF 47.79n/a11
Oct ’24CHF 64.20
CHF 59.54
-7.3%
8.7%CHF 65.91CHF 48.52n/a11
Sep ’24CHF 64.20
CHF 56.65
-11.8%
8.3%CHF 63.24CHF 46.55n/a13
Aug ’24CHF 64.20
CHF 56.34
-12.2%
8.9%CHF 62.59CHF 46.08CHF 64.2013
Jul ’24CHF 64.20
CHF 57.90
-9.8%
8.9%CHF 64.44CHF 47.44CHF 64.2013
Jun ’24CHF 64.20
CHF 58.51
-8.9%
8.2%CHF 64.67CHF 48.28CHF 64.2013
May ’24CHF 64.20
CHF 57.06
-11.1%
8.7%CHF 63.63CHF 47.50CHF 64.2012
Apr ’24CHF 64.20
CHF 56.09
-12.6%
7.2%CHF 63.34CHF 50.49CHF 64.209
Mar ’24CHF 64.20
CHF 58.16
-9.4%
7.5%CHF 64.27CHF 51.23CHF 64.209
Feb ’24CHF 64.20
CHF 57.79
-10.0%
8.7%CHF 62.07CHF 45.44CHF 64.209
Jan ’24CHF 64.20
CHF 57.28
-10.8%
7.9%CHF 62.09CHF 46.34CHF 64.209
Dec ’23CHF 64.20
CHF 58.10
-9.5%
8.3%CHF 62.78CHF 46.85CHF 64.208
Nov ’23CHF 64.20
CHF 60.97
-5.0%
9.3%CHF 67.08CHF 50.06CHF 64.2010
Oct ’23CHF 64.20
CHF 63.74
-0.7%
8.4%CHF 74.19CHF 56.61CHF 64.2010
Sep ’23CHF 64.20
CHF 63.82
-0.6%
7.7%CHF 73.27CHF 55.91CHF 64.2010
Aug ’23CHF 64.20
CHF 64.72
+0.8%
7.6%CHF 73.52CHF 58.05CHF 64.2010

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


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