What is the intrinsic value of KEG.UN.TO?

As of 2025-07-13, the Intrinsic Value of KEG Royalties Income Fund (KEG.UN.TO) is 21.56 CAD. This KEG.UN.TO valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 18.67 CAD, the upside of KEG Royalties Income Fund is 15.50%.

The range of the Intrinsic Value is 17.92 - 27.17 CAD

Is KEG.UN.TO undervalued or overvalued?

Based on its market price of 18.67 CAD and our intrinsic valuation, KEG Royalties Income Fund (KEG.UN.TO) is undervalued by 15.50%.

	Range	Selected	Upside
a
DCF (Growth 5y)	17.92 - 27.17	21.56	15.5%
DCF (Growth 10y)	21.29 - 31.65	25.39	36.0%
DCF (EBITDA 5y)	20.94 - 23.87	21.91	17.3%
DCF (EBITDA 10y)	23.90 - 28.59	25.72	37.8%
Fair Value	41.89 - 41.89	41.89	124.37%
P/E	9.89 - 23.79	16.14	-13.5%
EV/EBITDA	18.48 - 20.62	19.35	3.7%
EPV	21.07 - 27.57	24.32	30.3%
DDM - Stable	13.90 - 27.45	20.68	10.7%
DDM - Multi	8.69 - 13.21	10.47	-43.9%