As of 2026-09-16, the Intrinsic Value of B2Gold Corp (BTO.TO) is 12.68 CAD. This BTO.TO valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 7.27 CAD, the upside of B2Gold Corp is 74.40%.
The range of the Intrinsic Value is 10.79 - 15.48 CAD
Based on its market price of 7.27 CAD and our intrinsic valuation, B2Gold Corp (BTO.TO) is undervalued by 74.40%.
| Range | Selected | Upside | |
| a | |||
| DCF (Growth 5y) | 10.79 - 15.48 | 12.68 | 74.4% |
| DCF (Growth 10y) | 12.12 - 17.04 | 14.12 | 94.2% |
| DCF (EBITDA 5y) | 12.07 - 14.72 | 12.82 | 76.3% |
| DCF (EBITDA 10y) | 12.98 - 16.33 | 14.15 | 94.6% |
| Fair Value | 2.86 - 2.86 | 2.86 | -60.60% |
| P/E | 6.79 - 11.11 | 8.48 | 16.6% |
| EV/EBITDA | 10.31 - 13.12 | 11.56 | 59.0% |
| EPV | 3.89 - 5.04 | 4.46 | -38.6% |
| DDM - Stable | 3.71 - 7.08 | 5.39 | -25.8% |
| DDM - Multi | 5.92 - 8.93 | 7.13 | -1.9% |
| Market Cap (mil) | 9,604.18 |
| Beta | 3.86 |
| Outstanding shares (mil) | 1,321.07 |
| Enterprise Value (mil) | 9,660.48 |
| Market risk premium | 5.10% |
| Cost of Equity | 9.55% |
| Cost of Debt | 5.00% |
| WACC | 9.12% |