Company Valuation: Agnico Eagle Mines Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 12,983 23,658 27,210 39,147 85,112 110,568 - -
Change - 82.22% 15.02% 43.87% 117.42% 29.91% - -
Enterprise Value (EV) 1 14,138 24,341 28,715 39,363 82,442 104,005 100,267 96,597
Change - 72.17% 17.97% 37.09% 109.44% 26.16% -3.59% -3.66%
P/E ratio 23.9x 34x 13.9x 20.7x 19.1x 15.6x 15.1x 17.2x
PBR 2.17x 1.46x - 1.88x 3.43x 3.69x 3.16x 2.8x
PEG - -1.1x 0x -4.81x 0x 0.3x 5.15x -1.4x
Capitalization / Revenue 3.4x 4.12x 4.11x 4.72x 7.15x 6.58x 6.64x 6.94x
EV / Revenue 3.7x 4.24x 4.33x 4.75x 6.92x 6.19x 6.02x 6.06x
EV / EBITDA 7.98x 9.34x 8.78x 8.39x 10.2x 8.61x 8.66x 8.43x
EV / EBIT 13.7x 16.1x 16.2x 12.1x 12.7x 9.5x 10x 9.79x
EV / FCF 31.5x 43.6x 30.3x 18.4x 18.7x 17.4x 15.8x 16.4x
FCF Yield 3.17% 2.29% 3.3% 5.44% 5.34% 5.75% 6.34% 6.09%
Dividend per Share 2 1.4 1.6 1.6 1.6 1.6 1.687 1.693 1.689
Rate of return 2.63% 3.08% 2.92% 2.05% 0.94% 0.76% 0.77% 0.76%
EPS 2 2.22 1.53 3.95 3.78 8.86 14.21 14.62 12.82
Distribution rate 63.1% 105% 40.5% 42.3% 18.1% 11.9% 11.6% 13.2%
Net sales 1 3,824 5,741 6,627 8,286 11,908 16,815 16,643 15,940
EBITDA 1 1,773 2,606 3,269 4,694 8,090 12,086 11,584 11,465
EBIT 1 1,035 1,511 1,778 3,259 6,479 10,946 10,023 9,863
Net income 1 543 670.2 1,941 1,896 4,461 7,162 7,329 6,327
Net Debt 1 1,154 683.4 1,504 216.5 -2,670 -6,563 -10,301 -13,971
Reference price 2 53.14 51.99 54.85 78.21 169.53 221.00 221.00 221.00
Nbr of stocks (in thousands) 244,322 455,045 496,082 500,536 502,047 500,308 - -
Announcement Date 2/23/22 2/16/23 2/15/24 2/13/25 2/12/26 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
15.55x6.19x8.61x0.76% 111B
12.01x4.22x6.42x0.88% 126B
11.61x3.24x4.66x1.77% 75.94B
46.87x29.58x35.75x0.45% 66.59B
16.72x5.42x8.7x2.92% 53.8B
10.61x3.69x5.59x0.44% 38.98B
18.08x4.52x8.17x2.13% 27.07B
22.98x11.65x13.35x0.68% 23.73B
19.6x7.18x9.71x0.23% 20.89B
17.32x8.2x10.72x3.96% 20.35B
Average 19.14x 8.39x 11.17x 1.42% 56.42B
Weighted average by Cap. 18.34x 8.12x 10.89x 1.23%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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