BTG Relative Valuation
BTG'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, BTG is overvalued; if below, it's undervalued.
Historical Valuation
B2Gold Corp (BTG) is now in the Undervalued zone, suggesting that its current forward PE ratio of 7.52 is considered Undervalued compared with the five-year average of 10.94. The fair price of B2Gold Corp (BTG) is between 5.54 to 7.68 according to relative valuation methord. Compared to the current price of 3.83 USD , B2Gold Corp is Undervalued By 30.84%.
Relative Value
Fair Zone
5.54-7.68
Current Price：3.83
30.84%
Undervalued
7.52
PE
1Y
3Y
5Y
Trailing
Forward
3.03
EV/EBITDA
B2Gold Corp. (BTG) has a current EV/EBITDA of 3.03. The 5-year average EV/EBITDA is 3.55. The thresholds are as follows: Strongly Undervalued below 1.91, Undervalued between 1.91 and 2.73, Fairly Valued between 4.37 and 2.73, Overvalued between 4.37 and 5.19, and Strongly Overvalued above 5.19. The current Forward EV/EBITDA of 3.03 falls within the Historic Trend Line -Fairly Valued range.
3.99
EV/EBIT
B2Gold Corp. (BTG) has a current EV/EBIT of 3.99. The 5-year average EV/EBIT is 5.45. The thresholds are as follows: Strongly Undervalued below 2.33, Undervalued between 2.33 and 3.89, Fairly Valued between 7.01 and 3.89, Overvalued between 7.01 and 8.57, and Strongly Overvalued above 8.57. The current Forward EV/EBIT of 3.99 falls within the Historic Trend Line -Fairly Valued range.
1.65
PS
B2Gold Corp. (BTG) has a current PS of 1.65. The 5-year average PS is 2.21. The thresholds are as follows: Strongly Undervalued below 0.98, Undervalued between 0.98 and 1.59, Fairly Valued between 2.82 and 1.59, Overvalued between 2.82 and 3.44, and Strongly Overvalued above 3.44. The current Forward PS of 1.65 falls within the Historic Trend Line -Fairly Valued range.
4.93
P/OCF
B2Gold Corp. (BTG) has a current P/OCF of 4.93. The 5-year average P/OCF is 5.36. The thresholds are as follows: Strongly Undervalued below 2.62, Undervalued between 2.62 and 3.99, Fairly Valued between 6.74 and 3.99, Overvalued between 6.74 and 8.11, and Strongly Overvalued above 8.11. The current Forward P/OCF of 4.93 falls within the Historic Trend Line -Fairly Valued range.
18.11
P/FCF
B2Gold Corp. (BTG) has a current P/FCF of 18.11. The 5-year average P/FCF is 12.87. The thresholds are as follows: Strongly Undervalued below -40.99, Undervalued between -40.99 and -14.06, Fairly Valued between 39.80 and -14.06, Overvalued between 39.80 and 66.73, and Strongly Overvalued above 66.73. The current Forward P/FCF of 18.11 falls within the Historic Trend Line -Fairly Valued range.
B2Gold Corp (BTG) has a current Price-to-Book (P/B) ratio of 1.52. Compared to its 3-year average P/B ratio of 1.14 , the current P/B ratio is approximately 32.96% higher. Relative to its 5-year average P/B ratio of 1.44, the current P/B ratio is about 5.32% higher. B2Gold Corp (BTG) has a Forward Free Cash Flow (FCF) yield of approximately -10.27%. Compared to its 3-year average FCF yield of 3.27%, the current FCF yield is approximately -413.75% lower. Relative to its 5-year average FCF yield of 6.03% , the current FCF yield is about -270.34% lower.
1.52
P/B
Median3y
1.14
Median5y
1.44
-10.27
FCF Yield
Median3y
3.27
Median5y
6.03
Competitors Valuation Multiple
The average P/S ratio for BTG's competitors is 12.02, providing a benchmark for relative valuation. B2Gold Corp Corp (BTG) exhibits a P/S ratio of , which is -100.00% above the industry average. Given its robust revenue growth of 15.31%, this premium appears unsustainable.
P/S
P/E
EV/EBITDA
EV/EBIT
P/S
Revenue Growth
Market Cap
Performance Decomposition
1Y
3Y
5Y
Market capitalization of BTG increased by 41.83% over the past 1 year. The primary factor behind the change was an increase in Revenue Growth from 461.44M to 532.11M.
The secondary factor is the P/E Change, contributed 14.63%to the performance.
Overall, the performance of BTG in the past 1 year is driven by Revenue Growth. Which is more sustainable.
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FAQ
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