Osisko Gold Royalties Ltd

LSE:0VBE Stock Report

Market Cap: US$3.7b

Osisko Gold Royalties Valuation

Is 0VBE 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-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 0VBE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
US$7.75
Fair Value
152.4% overvalued intrinsic discount
9
Number of Analysts

Below Fair Value: 0VBE ($19.55) is trading above our estimate of fair value ($7.75)

Significantly Below Fair Value: 0VBE is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0VBE?

Key metric: As 0VBE is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 0VBE. This is calculated by dividing 0VBE's market cap by their current revenue.
What is 0VBE's PS Ratio?
PS Ratio21.2x
SalesCA$248.02m
Market CapCA$5.25b

Price to Sales Ratio vs Peers

How does 0VBE's PS Ratio compare to its peers?

The above table shows the PS ratio for 0VBE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.8x
HOC Hochschild Mining
1.5x9.1%UK£948.7m
PAF Pan African Resources
2.8x14.0%UK£836.1m
SRB Serabi Gold
1.5x9.5%UK£100.7m
ALTN AltynGold
1.3xn/aUK£79.0m
0VBE Osisko Gold Royalties
21.2x19.2%US$5.3b

Price-To-Sales vs Peers: 0VBE is expensive based on its Price-To-Sales Ratio (21.2x) compared to the peer average (1.8x).

Price to Sales Ratio vs Industry

How does 0VBE's PS Ratio compare vs other companies in the GB Metals and Mining Industry?

13 CompaniesPrice / SalesEstimated GrowthMarket Cap
GLEN Glencore
0.2x-0.1%US$53.57b
NLMK Novolipetsk Steel
0.3xn/aUS$4.08b
EVR EVRAZ
0.1x-8.5%US$1.42b
PDL Petra Diamonds
0.2x3.1%US$70.26m
0VBE 21.2xIndustry Avg. 1.9xNo. of Companies13PS01.22.43.64.86+
13 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 0VBE is expensive based on its Price-To-Sales Ratio (21.2x) compared to the UK Metals and Mining industry average (1.9x).

Price to Sales Ratio vs Fair Ratio

What is 0VBE'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.

0VBE PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio21.2x
Fair PS Ratio13.4x

Price-To-Sales vs Fair Ratio: 0VBE is expensive based on its Price-To-Sales Ratio (21.2x) compared to the estimated Fair Price-To-Sales Ratio (13.4x).

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 0VBE forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$19.55
US$22.24
+13.8%
12.9%US$27.25US$16.07n/a9
Jan ’26US$18.01
US$22.78
+26.4%
7.6%US$27.37US$20.35n/a11
Dec ’25US$19.46
US$23.11
+18.8%
8.1%US$27.85US$20.00n/a11
Nov ’25US$20.42
US$22.78
+11.5%
8.3%US$25.92US$19.44n/a11
Oct ’25US$18.59
US$21.58
+16.1%
8.0%US$25.14US$19.97n/a11
Sep ’25US$17.20
US$21.20
+23.3%
8.7%US$24.93US$19.07n/a11
Aug ’25US$17.15
US$20.96
+22.3%
9.0%US$24.62US$18.10n/a11
Jul ’25US$15.52
US$20.18
+30.1%
9.1%US$24.09US$17.52n/a12
Jun ’25US$16.41
US$20.07
+22.3%
9.3%US$24.02US$17.47n/a12
May ’25US$15.53
US$20.10
+29.4%
10.0%US$24.16US$16.84n/a12
Apr ’25US$16.46
US$19.07
+15.9%
8.2%US$22.84US$16.95n/a12
Mar ’25US$15.40
US$19.00
+23.4%
9.0%US$22.99US$17.06n/a12
Feb ’25US$14.95
US$19.20
+28.4%
7.7%US$23.12US$17.15US$18.6212
Jan ’25US$14.29
US$18.68
+30.7%
9.6%US$22.38US$15.67US$18.0112
Dec ’24US$14.76
US$18.14
+22.9%
10.2%US$21.87US$15.31US$19.4612
Nov ’24US$12.21
US$18.57
+52.1%
8.4%US$21.85US$16.02US$20.4212
Oct ’24US$11.89
US$19.23
+61.8%
8.5%US$22.13US$16.23US$18.5913
Sep ’24US$13.28
US$19.23
+44.9%
8.5%US$22.13US$16.23US$17.2013
Aug ’24US$14.37
US$20.02
+39.4%
7.3%US$22.67US$16.62US$17.1512
Jul ’24US$15.35
US$20.22
+31.8%
7.8%US$22.65US$16.61US$15.5212
Jun ’24US$16.26
US$19.52
+20.1%
9.2%US$22.14US$16.23US$16.4112
May ’24US$16.36
US$19.13
+16.9%
10.0%US$22.00US$16.13US$15.5312
Apr ’24US$15.75
US$16.95
+7.6%
5.7%US$18.80US$15.48US$16.4612
Mar ’24US$13.33
US$16.64
+24.9%
5.1%US$18.32US$15.39US$15.4012
Feb ’24US$13.32
US$16.83
+26.3%
8.2%US$18.81US$13.55US$14.9511
Analyst Price Target
Consensus Narrative from 9 Analysts
US$22.12
Fair Value
11.6% undervalued intrinsic discount
9
Number of Analysts

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

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/07 10:29
End of Day Share Price 2025/02/06 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.

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 Github.

Analyst Sources

Osisko Gold Royalties Ltd is covered by 24 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Brian QuastBMO Capital Markets Equity Research
Michael JalonenBofA Global Research
Carey MacRuryCanaccord Genuity