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Pretium Resources (Pretium Resources) Intrinsic Value: Projected FCF : $2.98 (As of May. 06, 2024)


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What is Pretium Resources Intrinsic Value: Projected FCF?

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2024-05-06), Pretium Resources's Intrinsic Value: Projected FCF is $2.98. The stock price of Pretium Resources is $15.05. Therefore, Pretium Resources's Price-to-Intrinsic-Value-Projected-FCF of today is 5.1.

The historical rank and industry rank for Pretium Resources's Intrinsic Value: Projected FCF or its related term are showing as below:

PVG' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 3.4   Med: 6.32   Max: 55
Current: 5.05

During the past 11 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Pretium Resources was 55.00. The lowest was 3.40. And the median was 6.32.

PVG's Price-to-Projected-FCF is not ranked
in the Metals & Mining industry.
Industry Median: 1.33 vs PVG: 5.05

Pretium Resources Intrinsic Value: Projected FCF Historical Data

The historical data trend for Pretium Resources's Intrinsic Value: Projected FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Pretium Resources Intrinsic Value: Projected FCF Chart

Pretium Resources Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.94 -5.67 -2.84 -0.63 1.81

Pretium Resources Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Intrinsic Value: Projected FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.61 1.81 1.75 2.38 2.98

Competitive Comparison of Pretium Resources's Intrinsic Value: Projected FCF

For the Gold subindustry, Pretium Resources's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Pretium Resources's Price-to-Projected-FCF Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Pretium Resources's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Pretium Resources's Price-to-Projected-FCF falls into.



Pretium Resources Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Pretium Resources's Free Cash Flow(6 year avg) = $-10.48.

Pretium Resources's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Sep21)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*-10.47728+849.729*0.8)/188.106
=3.08

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Pretium Resources  (NYSE:PVG) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Pretium Resources's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=15.05/3.0835582630572
=4.88

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Pretium Resources Intrinsic Value: Projected FCF Related Terms

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Pretium Resources (Pretium Resources) Business Description

Traded in Other Exchanges
N/A
Address
1055 Dunsmuir Street, Suite 2300, P.O. Box 49334, Four Bentall Centre, Vancouver, BC, CAN, V7X 1L4
Pretium Resources Inc is an exploration and development company engaged in the acquisition, exploration, and development of precious metal resource properties in the Americas. The Brucejack Project is the company's primary mineral project, which involves near-mine exploration and off-mining leases infrastructure in Brucejack mine, located in northwestern British Columbia, Canada. The company is currently at the engineering and construction phase, progressing toward production as a high-grade underground gold mine. Gold metal is the company's core revenue driver.

Pretium Resources (Pretium Resources) Headlines