Visible Gold Mines Inc. (VGD.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

-109.1%

-CA$0.01

vs CA$0.16 price

Levered DCF

-CA$0.00

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

23.81

Safe zone

Rating

A-

Overall 4 / 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	-5.65×	-4×	-4.2×	-0.67×	-4.84×	-12.41×	-0.43×	-1.83×
P/B	-4.78×	-14.57×	6.95×	1.99×	0.7×	0.81×	0.33×	0.13×
P/S	0×	0×	0×	0×	0×	0×	0×	0×
EV / EBITDA	-6.05×	-3.04×	-4.3×	-0.62×	-4.44×	-12.5×	-0.42×	-1.83×
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	0.05×	0.12×	0.51×	1.57×	7.96×	0.08×	0.2×	0.27×
Debt / equity	-0.11×	-0.39×	0.17×	0×	0×	0×	0×	0×
Interest coverage	-90.02×	-51.59×	-25.53×	0×	0×	0×	0×	-5.1×
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	84.7%	363.9%	-165.5%	-301.3%	-14.4%	-6.6%	-76.1%	-6.9%
Return on invested capital	94.8%	590.9%	-50.8%	-302.2%	-14.4%	-5.8%	-76.1%	-5.8%
Return on assets	-318.6%	-300.2%	-112.4%	-277.1%	-14.3%	-6.1%	-69.6%	-6.6%
Free cash flow yield	-5.4%	-4.5%	-12.2%	-13.1%	-18.7%	1.1%	-17.0%	-35.6%
Earnings yield	-17.7%	-25.0%	-23.8%	-151.1%	-20.7%	-8.1%	-229.8%	-54.7%
Enterprise value	CA$2.6M	CA$2.9M	CA$3.8M	CA$2.5M	CA$3.4M	CA$3.9M	CA$1.5M	CA$906.6K
Net debt / EBITDA	-0.1×	-0.04×	-0.08×	0.04×	0.43×	0.06×	0.02×	0.17×
Cash conversion cycle (days)	-11,184	-5,120	-6,235	-1,375	-207	-25,521	-288,299	0