As of 2025-05-23, the Intrinsic Value of First Quantum Minerals Ltd (FM.TO) is 20.94 CAD. This FM.TO valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 19.63 CAD, the upside of First Quantum Minerals Ltd is 6.60%.
The range of the Intrinsic Value is 11.84 - 44.24 CAD
Based on its market price of 19.63 CAD and our intrinsic valuation, First Quantum Minerals Ltd (FM.TO) is undervalued by 6.60%.
| Range | Selected | Upside | |
| a | |||
| DCF (Growth 5y) | 11.84 - 44.24 | 20.94 | 6.6% |
| DCF (Growth 10y) | 15.22 - 49.05 | 24.82 | 26.5% |
| DCF (EBITDA 5y) | 12.29 - 20.70 | 15.61 | -20.5% |
| DCF (EBITDA 10y) | 15.87 - 27.60 | 20.58 | 4.9% |
| Fair Value | 5.78 - 5.78 | 5.78 | -70.57% |
| P/E | 4.15 - 9.21 | 6.46 | -67.1% |
| EV/EBITDA | 4.68 - 13.03 | 8.76 | -55.4% |
| EPV | 3.84 - 10.86 | 7.35 | -62.6% |
| DDM - Stable | 1.41 - 4.16 | 2.79 | -85.8% |
| DDM - Multi | 4.75 - 11.58 | 6.82 | -65.3% |
| Market Cap (mil) | 16,375.54 |
| Beta | 2.56 |
| Outstanding shares (mil) | 834.21 |
| Enterprise Value (mil) | 26,448.54 |
| Market risk premium | 5.10% |
| Cost of Equity | 11.25% |
| Cost of Debt | 7.46% |
| WACC | 8.95% |