Zijin Mining Group Company Limited

OTCPK:ZIJM.F Stock Report

Market Cap: US$58.0b

Zijin Mining Group Valuation

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

Valuation Score

6/6

Valuation Score 6/6

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

Below Fair Value: ZIJM.F ($2) is trading below our estimate of fair value ($4.51)

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ZIJM.F?

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

The above table shows the Price to Earnings ratio for ZIJM.F. This is calculated by dividing ZIJM.F's market cap by their current earnings.
What is ZIJM.F's PE Ratio?
PE Ratio13.1x
EarningsCN¥29.31b
Market CapCN¥419.87b

Price to Earnings Ratio vs Peers

How does ZIJM.F's PE Ratio compare to its peers?

The above table shows the PE ratio for ZIJM.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average25.5x
AEM Agnico Eagle Mines
40.7x9.9%US$41.2b
AU AngloGold Ashanti
18.8x36.5%US$10.6b
RGLD Royal Gold
33.8xn/aUS$9.7b
BVN Compañía de Minas BuenaventuraA
8.6x3.3%US$3.2b
ZIJM.F Zijin Mining Group
13.1x16.3%US$451.4b

Price-To-Earnings vs Peers: ZIJM.F is good value based on its Price-To-Earnings Ratio (13.1x) compared to the peer average (25.5x).

Price to Earnings Ratio vs Industry

How does ZIJM.F's PE Ratio compare vs other companies in the US Metals and Mining Industry?

5 CompaniesPrice / EarningsEstimated GrowthMarket Cap
VITF.F Victoria Gold
2.1xn/aUS$23.43m
BMXI Brookmount Explorations
0.6xn/aUS$5.46m
RMRI Rocky Mountain Industrials
0.9xn/aUS$1.76m
ZCRM.F Zincore Metals
0.5xn/aUS$852.33k
ZIJM.F 13.1xIndustry Avg. 19.1xNo. of Companies5PE01020304050+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ZIJM.F is good value based on its Price-To-Earnings Ratio (13.1x) compared to the US Metals and Mining industry average (19.1x).

Price to Earnings Ratio vs Fair Ratio

What is ZIJM.F'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.

ZIJM.F PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio13.1x
Fair PE Ratio33.3x

Price-To-Earnings vs Fair Ratio: ZIJM.F is good value based on its Price-To-Earnings Ratio (13.1x) compared to the estimated Fair Price-To-Earnings Ratio (33.3x).

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 ZIJM.F forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$2.00
US$2.70
+35.1%
6.2%US$3.11US$2.41n/a15
Nov ’25US$2.20
US$2.74
+24.3%
6.2%US$3.15US$2.45n/a15
Oct ’25US$2.24
US$2.72
+21.3%
5.7%US$2.94US$2.30n/a15
Sep ’25US$1.99
US$2.70
+35.5%
5.9%US$2.91US$2.28n/a14
Aug ’25US$1.94
US$2.67
+37.6%
5.2%US$2.87US$2.43n/a13
Jul ’25US$2.04
US$2.62
+28.2%
7.3%US$2.86US$2.28n/a13
Jun ’25US$2.12
US$2.54
+19.7%
8.2%US$2.86US$2.08n/a13
May ’25US$2.22
US$2.48
+11.7%
7.2%US$2.80US$2.08n/a11
Apr ’25US$2.00
US$2.29
+14.3%
7.8%US$2.61US$2.01n/a14
Mar ’25US$1.67
US$2.04
+22.0%
7.5%US$2.33US$1.75n/a14
Feb ’25US$1.51
US$2.05
+35.4%
7.6%US$2.34US$1.76n/a14
Jan ’25US$1.56
US$2.06
+32.2%
7.9%US$2.35US$1.77n/a14
Dec ’24US$1.53
US$2.06
+34.9%
8.6%US$2.40US$1.77n/a14
Nov ’24US$1.53
US$2.03
+32.7%
8.8%US$2.33US$1.72US$2.2013
Oct ’24US$1.57
US$2.05
+30.6%
7.8%US$2.32US$1.72US$2.2413
Sep ’24US$1.57
US$2.04
+30.1%
7.2%US$2.33US$1.74US$1.9914
Aug ’24US$1.69
US$2.06
+22.0%
7.4%US$2.44US$1.76US$1.9414
Jul ’24US$1.45
US$2.03
+40.1%
7.2%US$2.30US$1.75US$2.0414
Jun ’24US$1.40
US$1.98
+41.7%
16.6%US$2.35US$0.87US$2.1215
May ’24US$1.71
US$2.01
+17.5%
17.1%US$2.41US$0.89US$2.2214
Apr ’24US$1.65
US$1.96
+18.7%
16.9%US$2.42US$0.90US$2.0013
Mar ’24US$1.60
US$1.84
+14.9%
18.4%US$2.40US$0.94US$1.6714
Feb ’24US$1.70
US$1.84
+8.3%
17.9%US$2.26US$0.95US$1.5114
Jan ’24US$1.31
US$1.72
+32.1%
22.6%US$2.19US$0.92US$1.5614
Dec ’23US$1.33
US$1.68
+26.6%
22.4%US$2.14US$0.90US$1.5314
Nov ’23US$1.00
US$1.66
+66.1%
22.9%US$2.11US$0.84US$1.5314

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

Discover undervalued companies

Trinseo

US$117.5m

Operates as a specialty material solutions provider in the United States, Europe, the Asia-Pacific, and internationally.

TSE

US$3.32

7D

-8.3%

1Y

-48.8%

CMOC Group

HK$167.3b

Engages in the mining, beneficiation, smelting, and refining of base and rare metals.

CMCL.F

HK$0.76

7D

0%

1Y

37.8%

Chemtrade Logistics Income Fund

CA$1.4b

Offers industrial chemicals and services in Canada, the United States, and South America.

CGIF.F

CA$8.30

7D

5.2%

1Y

31.5%