Triple Flag Precious Metals Corp.

DB:3Y0 Stock Report

Market Cap: €2.9b

Triple Flag Precious Metals Valuation

Is 3Y0 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 3Y0 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 3Y0 (€14.2) is trading below our estimate of fair value (€16.1)

Significantly Below Fair Value: 3Y0 is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 3Y0?

Key metric: As 3Y0 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 3Y0. This is calculated by dividing 3Y0's market cap by their current revenue.
What is 3Y0's PS Ratio?
PS Ratio12.5x
SalesUS$246.52m
Market CapUS$3.02b

Price to Sales Ratio vs Peers

How does 3Y0's PS Ratio compare to its peers?

The above table shows the PS ratio for 3Y0 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average0.6x
NDA Aurubis
0.2x3.7%€3.3b
TKA thyssenkrupp
0.07x1.1%€2.5b
WCH Wacker Chemie
0.6x4.7%€3.5b
FPE3 Fuchs
1.6x3.5%€4.8b
3Y0 Triple Flag Precious Metals
12.5x6.4%€4.4b

Price-To-Sales vs Peers: 3Y0 is expensive based on its Price-To-Sales Ratio (12.5x) compared to the peer average (0.6x).

Price to Sales Ratio vs Industry

How does 3Y0's PS Ratio compare vs other companies in the European Metals and Mining Industry?

33 CompaniesPrice / SalesEstimated GrowthMarket Cap
3Y0 12.5xIndustry Avg. 0.7xNo. of Companies33PS00.81.62.43.24+
33 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 3Y0 is expensive based on its Price-To-Sales Ratio (12.5x) compared to the European Metals and Mining industry average (0.7x).

Price to Sales Ratio vs Fair Ratio

What is 3Y0'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.

3Y0 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio12.5x
Fair PS Ratio2.9x

Price-To-Sales vs Fair Ratio: 3Y0 is expensive based on its Price-To-Sales Ratio (12.5x) compared to the estimated Fair Price-To-Sales Ratio (2.9x).

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 3Y0 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€14.20
€19.77
+39.3%
10.5%€22.81€15.46n/a9
Dec ’25€16.06
€19.68
+22.5%
10.9%€22.93€15.20n/a9
Nov ’25€15.57
€18.53
+19.0%
15.4%€22.81€13.30n/a9
Oct ’25€14.40
€18.34
+27.4%
11.6%€22.76€14.53n/a9
Sep ’25€14.52
€18.04
+24.2%
11.6%€22.50€14.49n/a9
Aug ’25€14.17
€18.21
+28.5%
11.5%€22.73€14.86n/a9
Jul ’25€14.34
€18.15
+26.6%
10.6%€21.83€15.02n/a9
Jun ’25€14.93
€17.92
+20.1%
10.2%€21.53€14.83n/a9
May ’25€15.32
€17.74
+15.8%
11.0%€21.79€15.01n/a9
Apr ’25€13.30
€16.36
+23.0%
12.3%€21.05€14.40n/a9
Mar ’25€11.60
€16.33
+40.8%
12.7%€21.21€14.37n/a9
Feb ’25€11.90
€16.35
+37.4%
11.5%€20.59€14.36n/a9
Jan ’25€11.90
€15.98
+34.3%
11.9%€20.49€14.10€14.469
Dec ’24€12.80
€15.90
+24.2%
11.6%€20.07€13.61€16.069
Nov ’24€12.00
€16.58
+38.2%
11.5%€20.42€13.96€15.579
Oct ’24€11.90
€17.18
+44.4%
10.9%€21.17€15.12€14.409
Sep ’24€12.60
€16.69
+32.4%
10.5%€20.69€14.61€14.5210
Aug ’24€12.20
€16.63
+36.3%
11.5%€20.73€14.44€14.1710
Jul ’24€12.40
€16.94
+36.6%
8.2%€19.52€14.74€14.3410
Jun ’24€13.10
€17.20
+31.3%
7.7%€19.36€15.01€14.9311
May ’24€15.10
€16.78
+11.1%
8.4%€19.07€14.67€15.3211
Apr ’24€13.70
€15.14
+10.5%
6.5%€17.53€13.55€13.309
Mar ’24€12.70
€15.37
+21.1%
6.2%€17.91€14.02€11.6010
Feb ’24€12.30
€15.09
+22.7%
7.9%€17.30€13.03€11.9010
Jan ’24n/a
€14.59
0%
11.0%€17.86€12.49€11.908

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 19:28
End of Day Share Price 2025/01/02 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

Triple Flag Precious Metals Corp. is covered by 17 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
Jackie PrzybylowskiBMO Capital Markets Equity Research
Brian QuastBMO Capital Markets Equity Research
Lawson WinderBofA Global Research