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 Undervalued zone, suggesting that its current forward PE ratio of 16.61 is considered Undervalued compared with the five-year average of 20.89. The fair price of Agnico Eagle Mines Ltd (AEM) is between 197.95 to 265.75 according to relative valuation methord. Compared to the current price of 182.07 USD , Agnico Eagle Mines Ltd is Undervalued By 8.02%.
Relative Value
Fair Zone
197.95-265.75
Current Price:182.07
8.02%
Undervalued
16.61
PE
1Y
3Y
5Y
8.46
EV/EBITDA
Agnico Eagle Mines Ltd. (AEM) has a current EV/EBITDA of 8.46. The 5-year average EV/EBITDA is 7.71. The thresholds are as follows: Strongly Undervalued below 5.13, Undervalued between 5.13 and 6.42, Fairly Valued between 9.00 and 6.42, Overvalued between 9.00 and 10.29, and Strongly Overvalued above 10.29. The current Forward EV/EBITDA of 8.46 falls within the Historic Trend Line -Fairly Valued range.
9.91
EV/EBIT
Agnico Eagle Mines Ltd. (AEM) has a current EV/EBIT of 9.91. The 5-year average EV/EBIT is 12.09. The thresholds are as follows: Strongly Undervalued below 6.46, Undervalued between 6.46 and 9.27, Fairly Valued between 14.91 and 9.27, Overvalued between 14.91 and 17.73, and Strongly Overvalued above 17.73. The current Forward EV/EBIT of 9.91 falls within the Historic Trend Line -Fairly Valued range.
6.17
PS
Agnico Eagle Mines Ltd. (AEM) has a current PS of 6.17. The 5-year average PS is 4.06. The thresholds are as follows: Strongly Undervalued below 2.00, Undervalued between 2.00 and 3.03, Fairly Valued between 5.09 and 3.03, Overvalued between 5.09 and 6.12, and Strongly Overvalued above 6.12. The current Forward PS of 6.17 falls within the Strongly Overvalued range.
14.38
P/OCF
Agnico Eagle Mines Ltd. (AEM) has a current P/OCF of 14.38. The 5-year average P/OCF is 9.91. The thresholds are as follows: Strongly Undervalued below 5.47, Undervalued between 5.47 and 7.69, Fairly Valued between 12.13 and 7.69, Overvalued between 12.13 and 14.35, and Strongly Overvalued above 14.35. The current Forward P/OCF of 14.38 falls within the Strongly Overvalued range.
21.13
P/FCF
Agnico Eagle Mines Ltd. (AEM) has a current P/FCF of 21.13. The 5-year average P/FCF is 21.15. The thresholds are as follows: Strongly Undervalued below 10.55, Undervalued between 10.55 and 15.85, Fairly Valued between 26.45 and 15.85, Overvalued between 26.45 and 31.75, and Strongly Overvalued above 31.75. The current Forward P/FCF of 21.13 falls within the Historic Trend Line -Fairly Valued range.
Agnico Eagle Mines Ltd (AEM) has a current Price-to-Book (P/B) ratio of 3.64. Compared to its 3-year average P/B ratio of 1.99 , the current P/B ratio is approximately 82.57% higher. Relative to its 5-year average P/B ratio of 2.02, the current P/B ratio is about 80.58% higher. Agnico Eagle Mines Ltd (AEM) has a Forward Free Cash Flow (FCF) yield of approximately 4.28%. Compared to its 3-year average FCF yield of 3.48%, the current FCF yield is approximately 22.67% lower. Relative to its 5-year average FCF yield of 3.44% , the current FCF yield is about 24.10% lower.
3.64
P/B
Median3y
1.99
Median5y
2.02
4.28
FCF Yield
Median3y
3.48
Median5y
3.44
Competitors Valuation Multiple
The average P/S ratio for AEM's competitors is 8.83, providing a benchmark for relative valuation. Agnico Eagle Mines Ltd Corp (AEM) exhibits a P/S ratio of 6.17, which is -30.15% above the industry average. Given its robust revenue growth of 41.93%, this premium appears sustainable.
Performance Decomposition
1Y
3Y
5Y
Market capitalization of AEM increased by 95.90% over the past 1 year. The primary factor behind the change was an increase in Revenue Growth from 2.16B to 3.06B.
The secondary factor is the Margin Expansion, contributed 31.05%to the performance.
Overall, the performance of AEM in the past 1 year is driven by Revenue Growth. Which is more sustainable.
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Frequently Asked Questions
Is Agnico Eagle Mines Ltd (AEM) currently overvalued or undervalued?
Agnico Eagle Mines Ltd (AEM) is now in the Undervalued zone, suggesting that its current forward PE ratio of 16.61 is considered Undervalued compared with the five-year average of 20.89. The fair price of Agnico Eagle Mines Ltd (AEM) is between 197.95 to 265.75 according to relative valuation methord. Compared to the current price of 182.07 USD , Agnico Eagle Mines Ltd is Undervalued By 8.02% .
What is Agnico Eagle Mines Ltd (AEM) fair value?
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. The fair price of Agnico Eagle Mines Ltd (AEM) is between 197.95 to 265.75 according to relative valuation methord.
How does AEM's valuation metrics compare to the industry average?
The average P/S ratio for AEM's competitors is 8.83, providing a benchmark for relative valuation. Agnico Eagle Mines Ltd Corp (AEM) exhibits a P/S ratio of 6.17, which is -30.15% above the industry average. Given its robust revenue growth of 41.93%, this premium appears sustainable.
What is the current P/B ratio for Agnico Eagle Mines Ltd (AEM) as of Jan 08 2026?
As of Jan 08 2026, Agnico Eagle Mines Ltd (AEM) has a P/B ratio of 3.64. This indicates that the market values AEM at 3.64 times its book value.
What is the current FCF Yield for Agnico Eagle Mines Ltd (AEM) as of Jan 08 2026?
As of Jan 08 2026, Agnico Eagle Mines Ltd (AEM) has a FCF Yield of 4.28%. This means that for every dollar of Agnico Eagle Mines Ltd’s market capitalization, the company generates 4.28 cents in free cash flow.
What is the current Forward P/E ratio for Agnico Eagle Mines Ltd (AEM) as of Jan 08 2026?
As of Jan 08 2026, Agnico Eagle Mines Ltd (AEM) has a Forward P/E ratio of 16.61. This means the market is willing to pay $16.61 for every dollar of Agnico Eagle Mines Ltd’s expected earnings over the next 12 months.
What is the current Forward P/S ratio for Agnico Eagle Mines Ltd (AEM) as of Jan 08 2026?
As of Jan 08 2026, Agnico Eagle Mines Ltd (AEM) has a Forward P/S ratio of 6.17. This means the market is valuing AEM at $6.17 for every dollar of expected revenue over the next 12 months.