Centamin plc

BATS-CHIXE:CEYL Stock Report

Market Cap: UK£1.7b

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Centamin Valuation

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

Below Fair Value: CEYL (£1.46) is trading below our estimate of fair value (£2.04)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for CEYL. This is calculated by dividing CEYL's market cap by their current earnings.
What is CEYL's PE Ratio?
PE Ratio25.5x
EarningsUS$84.67m
Market CapUS$2.16b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for CEYL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average17.7x
HOC Hochschild Mining
47.4x52.9%UK£1.1b
PAF Pan African Resources
11x27.2%UK£689.0m
SRB Serabi Gold
7.9x45.0%UK£67.4m
ALTN AltynGold
4.3xn/aUK£56.2m
CEYL Centamin
25.5x21.7%UK£1.7b

Price-To-Earnings vs Peers: CEYL is expensive based on its Price-To-Earnings Ratio (25.5x) compared to the peer average (18.5x).

Price to Earnings Ratio vs Industry

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

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
NLMK Novolipetsk Steel
0.8xn/aUS$4.08b
EVR EVRAZ
0.4xn/aUS$1.42b
MTL Metals Exploration
0.9x-60.3%US$128.15m
TGR Tirupati Graphite
1.2xn/aUS$10.50m
No more companies available in this PE range
No. of Companies6PE0816243240+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: CEYL is expensive based on its Price-To-Earnings Ratio (25.5x) compared to the UK Metals and Mining industry average (10.3x).

Price to Earnings Ratio vs Fair Ratio

What is CEYL'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.

CEYL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio25.5x
Fair PE Ratio19.6x

Price-To-Earnings vs Fair Ratio: CEYL is expensive based on its Price-To-Earnings Ratio (25.5x) compared to the estimated Fair Price-To-Earnings Ratio (19.6x).

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 CEYL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUK£1.46
UK£1.73
+19.0%
9.1%UK£2.08UK£1.57n/a7
Nov ’25UK£1.57
UK£1.65
+5.1%
9.6%UK£2.01UK£1.51n/a7
Oct ’25UK£1.50
UK£1.59
+5.7%
8.4%UK£1.82UK£1.44n/a8
Sep ’25UK£1.24
UK£1.57
+26.1%
11.7%UK£1.85UK£1.17n/a10
Aug ’25UK£1.23
UK£1.60
+29.8%
12.2%UK£1.90UK£1.16n/a10
Jul ’25UK£1.22
UK£1.54
+26.3%
10.0%UK£1.80UK£1.17n/a10
Jun ’25UK£1.19
UK£1.47
+23.1%
13.7%UK£1.69UK£1.05n/a11
May ’25UK£1.20
UK£1.44
+19.9%
12.6%UK£1.69UK£1.07n/a11
Apr ’25UK£1.13
UK£1.38
+22.2%
11.4%UK£1.60UK£1.10n/a11
Mar ’25UK£0.93
UK£1.35
+45.1%
11.4%UK£1.60UK£1.09n/a11
Feb ’25UK£0.96
UK£1.35
+41.1%
11.4%UK£1.59UK£1.09n/a11
Jan ’25UK£1.00
UK£1.32
+32.2%
13.7%UK£1.57UK£0.95n/a10
Dec ’24UK£1.00
UK£1.28
+27.6%
12.9%UK£1.57UK£0.95n/a10
Nov ’24UK£0.83
UK£1.32
+58.8%
11.4%UK£1.50UK£0.98UK£1.5710
Oct ’24UK£0.84
UK£1.36
+62.8%
12.5%UK£1.60UK£1.05UK£1.5010
Sep ’24UK£0.88
UK£1.34
+52.2%
12.5%UK£1.52UK£1.00UK£1.2410
Aug ’24UK£0.96
UK£1.34
+39.8%
12.6%UK£1.52UK£1.00UK£1.2310
Jul ’24UK£0.91
UK£1.29
+40.9%
14.2%UK£1.51UK£0.89UK£1.2210
Jun ’24UK£1.01
UK£1.28
+26.5%
12.0%UK£1.44UK£0.91UK£1.1910
May ’24UK£1.03
UK£1.28
+24.7%
11.7%UK£1.45UK£0.92UK£1.2010
Apr ’24UK£1.04
UK£1.27
+21.6%
11.7%UK£1.47UK£0.93UK£1.1310
Mar ’24UK£1.05
UK£1.31
+25.5%
9.5%UK£1.54UK£1.11UK£0.939
Feb ’24UK£1.09
UK£1.29
+18.2%
8.9%UK£1.50UK£1.11UK£0.969
Jan ’24UK£1.13
UK£1.32
+17.1%
11.2%UK£1.64UK£1.07UK£1.0010
Dec ’23UK£1.08
UK£1.24
+15.1%
16.4%UK£1.64UK£0.94UK£1.0010
Nov ’23UK£0.91
UK£1.21
+32.9%
14.9%UK£1.60UK£0.97UK£0.8310

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

Discover undervalued companies

TFF Group

€628.7m

Manufactures and distributes barrels and wood products for the aging of wines and alcohols in France, rest of Europe, the United States, Asia, and internationally.

0IH4

€29.20

7D

-7.3%

1Y

-30.5%

Zignago Vetro

€860.9m

Engages in the production, marketing, and sale of hollow glass containers in Italy, rest of Europe, and internationally.

0NNC

€9.68

7D

0.1%

1Y

-27.1%

Altri SGPS

€1.0b

Produces and sells cellulosic fibers and energy in Portugal and internationally.

0DJV

€4.99

7D

-4.9%

1Y

4.5%