Apollo Silver Corp. (APGO.V) 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

-63.3%

CA$0.64

vs CA$1.75 price

Levered DCF

CA$0.64

After debt service

Piotroski score

2 / 9

Weak

Altman Z-score

68.88

Safe zone

Rating

C+

Overall 2 / 5

Ratios by fiscal year

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

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	-25.47×	-13.77×	-5.88×	-3.21×	-24.11×	-14.94×	-5.88×	-8.97×
P/B	7.18×	3×	6.89×	0.38×	0.71×	3.76×	-4.11×	-19.79×
P/S	0×	0×	0×	0×	0×	0×	0×	0×
EV / EBITDA	-21.81×	-9.37×	-5.28×	-2.3×	-18.42×	-10.64×	-5.93×	-8.49×
Gross margin	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Operating margin	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Net margin	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Current ratio	48.74×	39.7×	13.88×	4.35×	59.76×	42.28×	0.11×	0.56×
Debt / equity	0.01×	0.01×	0.04×	0×	0×	0×	0×	0×
Interest coverage	-275.39×	-129.07×	-155.67×	-356.49×	0×	0×	0×	0×
Dividend yield	0.0%	0.0%	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%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	-28.3%	-21.8%	-117.0%	-11.7%	-2.9%	-25.2%	69.4%	221.3%
Return on invested capital	-28.9%	-22.3%	-120.3%	-13.7%	-1.7%	-26.1%	62.8%	192.8%
Return on assets	-27.6%	-21.2%	-106.1%	-11.4%	-2.8%	-24.6%	-553.8%	-165.4%
Free cash flow yield	-3.7%	-7.0%	-23.3%	-27.3%	-61.7%	-5.1%	-6.0%	-9.7%
Earnings yield	-3.9%	-7.3%	-17.0%	-31.1%	-4.2%	-6.7%	-16.9%	-11.2%
Enterprise value	CA$206.8M	CA$27.6M	CA$21M	CA$25M	CA$49.8M	CA$17.2M	CA$794.8K	CA$1.1M
Net debt / EBITDA	3.32×	4.61×	0.86×	0.84×	5.75×	3.79×	0.08×	0.45×
Cash conversion cycle (days)	0	-763	-565	-5,835	-8,691	-40,010	-24,810	-116,658