Allied Gold Corporation (AAUC.TO) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-541.1%

-CA$119.76

vs CA$27.15 price

Levered DCF

-CA$17.53

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

1.88

Grey zone

Rating

D+

Overall 1 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
P/E	-50.89×	-5.51×	-9.56×	-411.22×	-15.33×	16.67×
P/B	6.47×	1.84×	2.21×	22.45×	11.49×	8.72×
P/S	1.98×	0.87×	1.01×	1.52×	3.6×	8.18×
EV / EBITDA	7.26×	13.5×	-4.63×	8.69×	21.42×	44.8×
Gross margin	38.0%	30.2%	16.3%	19.3%	11.6%	24.8%
Operating margin	27.4%	18.2%	2.9%	10.4%	2.6%	11.4%
Net margin	-3.9%	-15.8%	-31.8%	-1.1%	-23.5%	49.1%
Current ratio	0.77×	0.93×	1.17×	0.68×	0.72×	1.81×
Debt / equity	0.42×	0.37×	0.34×	1.18×	0.58×	0.46×
Interest coverage	32.81×	17.95×	2.22×	6.75×	0×	0×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
Return on equity	-12.7%	-33.4%	-69.5%	-16.4%	-75.0%	52.3%
Return on invested capital	0.4%	14.3%	2.3%	1.5%	2.8%	4.1%
Return on assets	-2.4%	-8.8%	-21.8%	-1.1%	-17.6%	17.9%
Free cash flow yield	3.1%	-13.2%	-7.7%	0.6%	0.5%	0.3%
Earnings yield	-2.0%	-18.1%	-31.4%	-0.7%	-6.5%	6.0%
Enterprise value	CA$2.3B	CA$540.1M	CA$608.3M	CA$1B	CA$1.8B	CA$1.5B
Net debt / EBITDA	-0.97×	-2.43×	0.42×	0.07×	0.39×	-0.3×
Cash conversion cycle (days)	30	41	-1	16	-17	-10