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Westgold Resources Ltd
ASX:WGX

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Westgold Resources Ltd
ASX:WGX
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Price: 6.35 AUD 0.79% Market Closed
Market Cap: AU$6B

EV/EBITDA

10.3
Current
3%
Cheaper
vs 3-y average of 10.6

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
10.3
=
Enterprise Value
AU$5.3B
/
EBITDA
AU$543.7m

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
10.3
=
Enterprise Value
AU$5.3B
/
EBITDA
AU$543.7m

Valuation Scenarios

Westgold Resources Ltd is trading below its 3-year average

If EV/EBITDA returns to its 3-Year Average (10.6), the stock would be worth AU$6.56 (3% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-7%
Maximum Upside
+61%
Average Upside
19%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 10.3 AU$6.35
0%
3-Year Average 10.6 AU$6.56
+3%
5-Year Average 9.5 AU$5.91
-7%
Industry Average 12.1 AU$7.51
+18%
Country Average 16.5 AU$10.23
+61%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
AU$5.3B
/
Jan 2026
AU$543.7m
=
10.3
Current
AU$5.3B
/
Jun 2026
AU$1.4B
=
3.9
Forward
AU$5.3B
/
Jun 2027
AU$1.7B
=
3
Forward
AU$5.3B
/
Jun 2028
AU$1.9B
=
2.8
Forward

Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close
Market Cap EV/EBITDA P/E
AU
Westgold Resources Ltd
ASX:WGX
6B AUD 10.3 18
RU
Polyus PJSC
LSE:PLZL
70.4T USD 19 286.2 34 959.7
ZA
Gold Fields Ltd
JSE:GFI
716.8B ZAR 7.5 12.3
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
187.3B ZAR 5.8 11.5
CN
Zijin Mining Group Co Ltd
SSE:601899
925.9B CNY 13.1 18.1
US
Newmont Corporation
NYSE:NEM
119B USD 8.6 16.8
CA
Agnico Eagle Mines Ltd
TSX:AEM
147.8B CAD 12.4 22.7
CA
Barrick Gold Corp
TSX:ABX
98.3B CAD 6.6 13.6
CA
Barrick Mining Corp
F:ABR0
60.6B EUR 6.8 13.9
CA
Wheaton Precious Metals Corp
TSX:WPM
92.5B CAD 33.2 43.3
HK
Zijin Gold International Co Ltd
HKEX:2259
475.1B HKD 18.4 37.9

Market Distribution

In line with most companies in Australia
Percentile
31th
Based on 1 243 companies
31th percentile
10.3
Low
0 — 10
Typical Range
10 — 24.5
High
24.5 —
Distribution Statistics
Australia
Min 0
30th Percentile 10
Median 16.5
70th Percentile 24.5
Max 6 797.5

Westgold Resources Ltd
Glance View

Market Cap
6B AUD
Industry
Metals & Mining

In the vast, mineral-rich expanse of Western Australia's outback, Westgold Resources Ltd. has carved out its niche as a formidable player in the gold mining industry. Known for its strategic foresight, Westgold operates several gold mines in the renowned Eastern Goldfields region, an area celebrated for its abundant mineral deposits. The company's primary operations are consolidated within the Murchison and Bryah Basin regions, where they have honed extraction techniques to maximize efficiency and output. By leveraging cutting-edge technology and environmentally conscious practices, Westgold prides itself on steadily increasing production while minimizing impact, highlighting a balance that appeals to both investors and environmentalists alike. Central to Westgold's business model is the full-spectrum approach to mining operations. Unlike companies that solely focus on extraction, Westgold manages its entire supply chain, from exploration and development through to mining and processing. This holistic grasp allows the company to control costs better and maintain quality assurance throughout the production cycle. The gold extracted from their operations is processed into bullion, which is then sold on the global market, subject to price fluctuations influenced by a myriad of global economic factors. Through this comprehensive management, Westgold Resources not only ensures a steady revenue stream but also positions itself as a resilient entity capable of weathering the cyclical nature of the commodities market.

WGX Intrinsic Value
8.19 AUD
Undervaluation 22%
Intrinsic Value
Price AU$6.35
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