As of 2025-05-15, the Intrinsic Value of Centerra Gold Inc (CG.TO) is 11.89 CAD. This CG.TO valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 9.20 CAD, the upside of Centerra Gold Inc is 29.3%.

The range of the Intrinsic Value is 10.22 - 14.96 CAD.

Is CG.TO undervalued or overvalued?

Based on its market price of 9.20 CAD and our intrinsic valuation, Centerra Gold Inc (CG.TO) is undervalued by 29.3%.

9.20 CAD

Stock Price

11.89 CAD

Intrinsic Value

Intrinsic Value Details

CG.TO Intrinsic Value - Valuation Summary

	Range	Selected	Upside
a
DCF (Growth Exit 5Y)	10.22 - 14.96	11.89	29.3%
DCF (Growth Exit 10Y)	12.1 - 17.88	14.16	53.9%
DCF (EBITDA Exit 5Y)	11.99 - 13.57	12.56	36.6%
DCF (EBITDA Exit 10Y)	13.2 - 15.76	14.23	54.7%
Peter Lynch Fair Value	13.35 - 13.35	13.35	45.11%
P/E Multiples	9.73 - 17.91	12.68	37.9%
EV/EBITDA Multiples	9.25 - 16.24	12.59	36.9%
Earnings Power Value	9.67 - 11.44	10.56	14.8%
Dividend Discount Model - Stable	3.62 - 8.54	6.08	-33.9%
Dividend Discount Model - Multi Stages	9.7 - 17.11	12.32	33.9%

CG.TO Intrinsic Value - Peers Comparison

	Range	Selected	Upside
a
Alamos Gold Inc	25.34 - 66.59	36.41	5.5%
Endeavour Mining Corp	43.74 - 87.35	58.13	47.9%
Coeur Mining Inc	4.8 - 13.53	7.21	-2.5%
B2Gold Corp	1.27 - 2.03	1.64	-60.2%
Iamgold Corp	19.8 - 28.5	23.39	164.9%
Eldorado Gold Corp	30.95 - 45.93	36.93	50.0%
New Gold Inc	5.13 - 12.2	7.26	34.7%
China Gold International Resources Corp Ltd	9.02 - 28.67	14.05	49.4%
Torex Gold Resources Inc	45.51 - 82.33	58.05	40.9%

CG.TO Intrinsic Value - Key Valuation Metrics

Market Cap (mil)	1,931
Beta	1.51
Outstanding shares (mil)	210
Enterprise Value (mil)	1,088

Market risk premium	5.6%
Cost of Equity	9.95%
Cost of Debt	5%
WACC	9.9%