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Capstone Copper Corp
TSX:CS

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Capstone Copper Corp
TSX:CS
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Price: 11.75 CAD -6.3% Market Closed
Market Cap: CA$9B

P/B

1.9
Current
24%
More Expensive
vs 3-y average of 1.5

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.9
=
Market Cap
CA$8.4B
/
Total Equity
$3.4B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.9
=
Market Cap
CA$8.4B
/
Total Equity
$3.4B

Valuation Scenarios

Capstone Copper Corp is trading above its 3-year average

If P/B returns to its 3-Year Average (1.5), the stock would be worth CA$9.45 (20% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-20%
Maximum Upside
+123%
Average Upside
31%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 1.9 CA$11.75
0%
3-Year Average 1.5 CA$9.45
-20%
5-Year Average 1.5 CA$9.45
-20%
Industry Average 4.2 CA$26.25
+123%
Country Average 2.7 CA$16.56
+41%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
CA
Capstone Copper Corp
TSX:CS
9B CAD 1.9 20.3
AU
Rio Tinto Ltd
ASX:RIO
281B AUD 3.6 19.8
AU
BHP Group Ltd
ASX:BHP
285.2B AUD 4 19.6
UK
Rio Tinto PLC
LSE:RIO
121.2B GBP 2.7 16.1
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
1.6T MXN 4 18.2
CH
Glencore PLC
LSE:GLEN
66.1B GBP 2.3 241.2
SA
Saudi Arabian Mining Company SJSC
SAU:1211
248.9B SAR 4 33.9
CN
CMOC Group Ltd
SSE:603993
429.8B CNY 5.2 21.1
UK
Anglo American PLC
LSE:AAL
42.8B GBP 3.1 -15.1
CN
China Molybdenum Co Ltd
OTC:CMCLF
53B USD 4.4 17.9
ZA
African Rainbow Minerals Ltd
JSE:ARI
44.9B ZAR 0.7 34.9

Market Distribution

In line with most companies in Canada
Percentile
36th
Based on 3 061 companies
36th percentile
1.9
Low
0 — 1.6
Typical Range
1.6 — 4.9
High
4.9 —
Distribution Statistics
Canada
Min 0
30th Percentile 1.6
Median 2.7
70th Percentile 4.9
Max 1 402.4

Capstone Copper Corp
Glance View

Capstone Copper Corp emerges as a significant player in the mining industry, rooted in its focus on the production of copper, a metal paramount to global infrastructure and technological advancement. With its operations stretched across multiple sites in North and South America, Capstone is involved in the extraction, processing, and sale of copper concentrate. Each mining site, such as the Pinto Valley in Arizona and Cozamin in Mexico, is a machinery of efficiency, transforming earth's raw potential into economic gain. The company’s vertical integration allows for close control over its production chain, ensuring higher margins by moving swiftly from extraction to refined copper. In producing large quantities of copper concentrate, Capstone Copper is tapping into the steady and growing demand driven by sectors like construction, electronics, and renewable energy. The financial health of Capstone rides on its operational efficiency and market standing, with revenue streams primarily flowing from the sale of copper concentrate to international buyers. Amidst fluctuating global copper prices, Capstone Copper focuses on maintaining cost-effective operations, leveraging technology, and sustainable practices to maximize output and optimize investment. The company’s strategic pursuits also encompass exploring new mines and expanding existing capacities to meet future demands in a copper-deficit market. Through prudent capital management and adaptation to market dynamics, Capstone positions itself to not only capture economic value from the rich copper deposits but also to contribute significantly to the modern era’s industrial and technological transformation.

CS Intrinsic Value
17.93 CAD
Undervaluation 34%
Intrinsic Value
Price CA$11.75
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