Alamos Gold Stock Current Valuation
| AGI Stock | CAD 26.61 0.65 2.50% |
Valuation analysis of Alamos Gold helps investors to measure Alamos Gold's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. As of the 29th of November 2024, Enterprise Value Over EBITDA is likely to grow to 11.02. Also, Enterprise Value Multiple is likely to grow to 11.02. Fundamental drivers impacting Alamos Gold's valuation include:
Price Book 2.2173 | Enterprise Value 10.9 B | Enterprise Value Ebitda 12.6562 | Price Sales 8.8986 | Forward PE 16.2338 |
Overvalued
Today
Please note that Alamos Gold's price fluctuation is very steady at this time. Calculation of the real value of Alamos Gold is based on 3 months time horizon. Increasing Alamos Gold's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Alamos Gold is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Alamos Stock. However, Alamos Gold's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 26.61 | Real 22.26 | Hype 25.94 |
The intrinsic value of Alamos Gold's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Alamos Gold's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Alamos Gold helps investors to forecast how Alamos stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Alamos Gold more accurately as focusing exclusively on Alamos Gold's fundamentals will not take into account other important factors: Alamos Gold Company Current Valuation Analysis
Alamos Gold's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Alamos Gold Current Valuation | 10.88 B |
Most of Alamos Gold's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Alamos Gold is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Alamos Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for Alamos Gold is extremely important. It helps to project a fair market value of Alamos Stock properly, considering its historical fundamentals such as Current Valuation. Since Alamos Gold's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Alamos Gold's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Alamos Gold's interrelated accounts and indicators.
Click cells to compare fundamentals
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Alamos Gold has a Current Valuation of 10.88 B. This is 4.63% lower than that of the Metals & Mining sector and 176.84% higher than that of the Materials industry. The current valuation for all Canada stocks is 34.55% higher than that of the company.
Alamos Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Alamos Gold's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Alamos Gold could also be used in its relative valuation, which is a method of valuing Alamos Gold by comparing valuation metrics of similar companies.Alamos Gold is currently under evaluation in current valuation category among its peers.
Alamos Fundamentals
| Return On Equity | 0.0764 | ||||
| Return On Asset | 0.0572 | ||||
| Profit Margin | 0.20 % | ||||
| Operating Margin | 0.37 % | ||||
| Current Valuation | 10.88 B | ||||
| Shares Outstanding | 420.15 M | ||||
| Shares Owned By Insiders | 0.26 % | ||||
| Shares Owned By Institutions | 70.04 % | ||||
| Number Of Shares Shorted | 2.66 M | ||||
| Price To Earning | 50.23 X | ||||
| Price To Book | 2.22 X | ||||
| Price To Sales | 8.90 X | ||||
| Revenue | 1.02 B | ||||
| Gross Profit | 385 M | ||||
| EBITDA | 486.4 M | ||||
| Net Income | 210 M | ||||
| Cash And Equivalents | 129.8 M | ||||
| Cash Per Share | 0.80 X | ||||
| Total Debt | 700 K | ||||
| Debt To Equity | 0.04 % | ||||
| Current Ratio | 2.25 X | ||||
| Book Value Per Share | 8.35 X | ||||
| Cash Flow From Operations | 472.7 M | ||||
| Short Ratio | 3.31 X | ||||
| Earnings Per Share | 0.84 X | ||||
| Price To Earnings To Growth | (0.44) X | ||||
| Target Price | 26.2 | ||||
| Number Of Employees | 2.4 K | ||||
| Beta | 1.09 | ||||
| Market Capitalization | 10.91 B | ||||
| Total Asset | 4 B | ||||
| Retained Earnings | (876.8 M) | ||||
| Working Capital | 338.1 M | ||||
| Current Asset | 489.3 M | ||||
| Current Liabilities | 93.53 M | ||||
| Annual Yield | 0.01 % | ||||
| Five Year Return | 0.47 % | ||||
| Net Asset | 4 B | ||||
| Last Dividend Paid | 0.1 |
About Alamos Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Alamos Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Alamos Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Alamos Gold based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Alamos Gold
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Alamos Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Alamos Gold will appreciate offsetting losses from the drop in the long position's value.Moving together with Alamos Stock
Moving against Alamos Stock
The ability to find closely correlated positions to Alamos Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alamos Gold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Alamos Gold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Alamos Gold to buy it.
The correlation of Alamos Gold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Alamos Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alamos Gold moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Alamos Gold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alamos Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Alamos Stock, please use our How to Invest in Alamos Gold guide.You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.