Endeavour Silver Corp.

DB:EJD Stock Report

Market Cap: €1.1b

Endeavour Silver Valuation

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

Below Fair Value: EJD (€4.07) is trading below our estimate of fair value (€5.2)

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

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for EJD. This is calculated by dividing EJD's market cap by their current revenue.
What is EJD's PS Ratio?
PS Ratio5.2x
SalesUS$225.93m
Market CapUS$1.17b

Price to Sales Ratio vs Peers

How does EJD's PS Ratio compare to its peers?

The above table shows the PS ratio for EJD vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average0.2x
SZG Salzgitter
0.09x2.1%€932.5m
TKA thyssenkrupp
0.07x0.8%€2.4b
STO3 Sto SE KGaA
0.4x1.8%€730.0m
NDA Aurubis
0.2x4.2%€3.3b
EJD Endeavour Silver
5.2x18.8%€1.6b

Price-To-Sales vs Peers: EJD is expensive based on its Price-To-Sales Ratio (5.2x) compared to the peer average (0.2x).

Price to Sales Ratio vs Industry

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

35 CompaniesPrice / SalesEstimated GrowthMarket Cap
EJD 5.2xIndustry Avg. 0.7xNo. of Companies35PS00.81.62.43.24+
35 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: EJD is expensive based on its Price-To-Sales Ratio (5.2x) compared to the European Metals and Mining industry average (0.7x).

Price to Sales Ratio vs Fair Ratio

What is EJD'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.

EJD PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio5.2x
Fair PS Ratio1x

Price-To-Sales vs Fair Ratio: EJD is expensive based on its Price-To-Sales Ratio (5.2x) compared to the estimated Fair Price-To-Sales Ratio (1x).

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 EJD forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€4.07
€5.67
+39.3%
9.1%€6.18€5.15n/a2
Nov ’25€4.56
€4.86
+6.6%
3.2%€4.97€4.64n/a3
Oct ’25€3.57
€4.77
+33.7%
3.3%€4.99€4.66n/a3
Aug ’25€3.41
€4.56
+33.6%
9.1%€5.00€4.00n/a3
Jul ’25€3.29
€3.96
+20.2%
4.0%€4.07€3.73n/a3
Jun ’25€3.60
€3.88
+7.8%
4.3%€4.05€3.71n/a2
May ’25€2.55
€2.99
+17.2%
2.9%€3.07€2.90n/a2
Mar ’25€1.41
€2.50
+76.8%
3.4%€2.59€2.41n/a2
Feb ’25€1.53
€2.89
+89.3%
5.9%€3.06€2.72n/a2
Jan ’25€1.79
€2.97
+66.2%
14.3%€3.39€2.54n/a2
Dec ’24€2.05
€2.97
+44.9%
14.3%€3.39€2.54n/a2
Nov ’24€2.00
€3.69
+84.5%
8.2%€4.11€3.42€4.563
Oct ’24€2.35
€4.19
+78.4%
13.8%€4.75€3.39€3.573
Sep ’24€2.62
€4.19
+59.6%
13.8%€4.75€3.39€2.733
Aug ’24€3.03
€4.26
+40.5%
9.8%€4.71€3.70€3.413
Jul ’24€2.61
€4.26
+63.4%
9.8%€4.71€3.70€3.293
Jun ’24€3.06
€4.26
+39.4%
9.8%€4.71€3.70€3.603
May ’24€3.57
€4.26
+19.4%
9.8%€4.71€3.70€2.553
Apr ’24€3.64
€3.70
+1.5%
13.4%€4.37€3.19€2.253
Mar ’24€2.82
€3.78
+34.3%
12.3%€4.52€3.30€1.414
Feb ’24€3.20
€3.81
+19.3%
21.7%€5.17€3.03€1.534
Jan ’24€3.07
€3.78
+23.2%
20.3%€5.18€3.04€1.795
Dec ’23€3.29
€3.89
+18.2%
22.0%€5.40€3.06€2.055
Nov ’23€3.55
€4.26
+20.1%
26.2%€6.03€3.02€2.005

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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