AEM Valuation

Agnico Eagle Mines Ltd

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169.570

+3.28(1.972%)1D

Overview
Forecast
Valuation
Earnings

AEM Relative Valuation

AEM's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, AEM is overvalued; if below, it's undervalued.

Historical Valuation

Agnico Eagle Mines Ltd (AEM) is now in the Fair zone, suggesting that its current forward PE ratio of 20.92 is considered Fairly compared with the five-year average of 21.21. The fair price of Agnico Eagle Mines Ltd (AEM) is between 157.15 to 205.49 according to relative valuation methord.

Relative Value

Fair Zone

157.15-205.49

Current Price：169.57

Fair

20.92

Trailing

Forward

10.02

EV/EBITDA

Agnico Eagle Mines Ltd. (AEM) has a current EV/EBITDA of 10.02. The 5-year average EV/EBITDA is 7.71. The thresholds are as follows: Strongly Undervalued below 5.10, Undervalued between 5.10 and 6.41, Fairly Valued between 9.02 and 6.41, Overvalued between 9.02 and 10.32, and Strongly Overvalued above 10.32. The current Forward EV/EBITDA of 10.02 falls within the Overvalued range.

12.40

EV/EBIT

Agnico Eagle Mines Ltd. (AEM) has a current EV/EBIT of 12.40. The 5-year average EV/EBIT is 12.18. The thresholds are as follows: Strongly Undervalued below 6.55, Undervalued between 6.55 and 9.36, Fairly Valued between 14.99 and 9.36, Overvalued between 14.99 and 17.81, and Strongly Overvalued above 17.81. The current Forward EV/EBIT of 12.40 falls within the Historic Trend Line -Fairly Valued range.

6.97

Agnico Eagle Mines Ltd. (AEM) has a current PS of 6.97. The 5-year average PS is 3.97. The thresholds are as follows: Strongly Undervalued below 2.14, Undervalued between 2.14 and 3.05, Fairly Valued between 4.89 and 3.05, Overvalued between 4.89 and 5.81, and Strongly Overvalued above 5.81. The current Forward PS of 6.97 falls within the Strongly Overvalued range.

13.20

P/OCF

Agnico Eagle Mines Ltd. (AEM) has a current P/OCF of 13.20. The 5-year average P/OCF is 9.72. The thresholds are as follows: Strongly Undervalued below 5.92, Undervalued between 5.92 and 7.82, Fairly Valued between 11.62 and 7.82, Overvalued between 11.62 and 13.51, and Strongly Overvalued above 13.51. The current Forward P/OCF of 13.20 falls within the Overvalued range.

17.87

P/FCF

Agnico Eagle Mines Ltd. (AEM) has a current P/FCF of 17.87. The 5-year average P/FCF is 21.01. The thresholds are as follows: Strongly Undervalued below 10.40, Undervalued between 10.40 and 15.71, Fairly Valued between 26.31 and 15.71, Overvalued between 26.31 and 31.62, and Strongly Overvalued above 31.62. The current Forward P/FCF of 17.87 falls within the Historic Trend Line -Fairly Valued range.

Agnico Eagle Mines Ltd (AEM) has a current Price-to-Book (P/B) ratio of 3.78. Compared to its 3-year average P/B ratio of 1.81 , the current P/B ratio is approximately 108.30% higher. Relative to its 5-year average P/B ratio of 2.00, the current P/B ratio is about 88.50% higher. Agnico Eagle Mines Ltd (AEM) has a Forward Free Cash Flow (FCF) yield of approximately 0.00%. Compared to its 3-year average FCF yield of 3.35%, the current FCF yield is approximately -100.00% lower. Relative to its 5-year average FCF yield of 3.32% , the current FCF yield is about -100.00% lower.

3.78

P/B

Median3y

1.81

Median5y

2.00

3.70

FCF Yield

Median3y

3.35

Median5y

3.32

Competitors Valuation Multiple

The average P/S ratio for AEM's competitors is 1.09, providing a benchmark for relative valuation. Agnico Eagle Mines Ltd Corp (AEM) exhibits a P/S ratio of , which is -100.00% above the industry average. Given its robust revenue growth of 35.61%, this premium appears sustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

AEM.N

Agnico Eagle Mines Ltd

Sibanye Stillwater Ltd

Wheaton Precious Metals Corp

Performance Decomposition

Market capitalization of AEM increased by 92.71% over the past 1 year. The primary factor behind the change was an increase in Margin Expansion from 22.73 to 37.95.

The secondary factor is the Revenue Growth, contributed 35.61%to the performance.

Overall, the performance of AEM in the past 1 year is driven by Margin Expansion. Which is more sustainable.

35.61%

2.08B → 2.82B

Revenue Growth

66.96%

22.73 → 37.95

Margin Expansion

-9.86%

32.00 → 28.84

P/E Change

92.71%