Gold By Gold (ALGLD) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of Gold By Gold stock €5.66, price €4.32, upside +31.0%, quality 63 out of 100. Rating: undervalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 3, 2026.
How to read this chart
60‑month range €0.8924 – €7.84 · fair‑value band €3.07 – €7.07 · the €4.32 price screens below the €5.66 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 2 fiscal years are left out: there the valuation rested on only a fraction of the usual models. As of Nov 3, 2026.
Follow Gold By Gold in your weekly email
Every Wednesday you see whether Gold By Gold is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Gold By Gold SA engages in the extraction, refining, and trading of precious metals for individuals and professionals in France. The company also purchases and recycles gold and silver on the internet.
Show moreShow less
In addition, it buys and recycles various gold objects, such as jewelry, accessories, coins, yellow dental gold, watches, plates, ingots, and scrap, as well as silver jewelry, coins, and ingots. Gold By Gold SA was incorporated in 1992 and is based in Paris, France.
Stock analysis
Gold By Gold (ALGLD) currently trades at €4.32, while our model-based Fair Value estimate is €5.66, implying the stock looks roughly 24% undervalued today.
Show more
Valuation
Bull case: the Growth Earnings group reads highest at a median of €8.31 per share, and 19 of the 26 models we run sit above the €4.32 price.
Bear case: the Asset-Based group reads lowest at €1.23, and 7 of the 26 models stay below the price. Data coverage for this calculation is high.
Scenario range: €3.07 (bear) to €7.07 (bull), the price of €4.32 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 63/100 (solid quality), in the Basic Materials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Gold By Gold reported revenue of €31.6M in FY2025 versus €6.9M in FY2021, a compound +46.1%/yr. Reported net income was €1.2M in FY2025.
Key figures
Market cap €13.5M Micro · P/E ratio 18.0 · P/S ratio 0.38 · EPS (TTM) €0.2400 · Dividend yield 0.5% · Net margin 1.9% · Return on equity 19.7% · Return on assets (EBIT) 2.4% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 47 out of 100 (low confidence).
What moves the price
The share trades about 45% below its 52-week high and 68% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −21% fair-value upside, at 31%, ALGLD screens cheaper than that median.
Fair Value models
Bear€3.07Fair Value €5.66Bull€7.07
Price €4.32 · Upside +31.0%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (€0.2058 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
FCF DCF€1.94€3.46€6.3577
Growth DCF€1.90€3.27€5.6876
EPV€3.63€4.18€4.6774
All 26 models by family
DCF Models
FCF DCF€1.94€3.46€6.3577
Owner Earnings€2.95€5.46€10.1173
5Y Revenue Exit€3.61€6.97€11.7770
5Y EBITDA Exit€3.65€7.04€11.5173
5Y P/E Exit€4.82€9.57€15.3069
10Y Revenue Exit€2.91€5.96€11.1263
10Y EBITDA Exit€3.08€6.02€10.8965
10Y P/E Exit€3.87€7.92€14.2161
Earnings-Based
Graham-Dodd€2.66€14.32€19.8463
Lynch FV€3.96€5.66€7.3561
PEG = 1.0€3.96€5.66€7.3557
EPV€3.63€4.18€4.6774
Dividend Discount
Gordon GGM€0.2400€0.5000€0.790066
DDM Multi-Stage€0.2400€0.4200€0.520067
Multiples
P/E Multiple€6.17€8.22€10.2863
P/S Multiple€4.99€6.66€8.3258
P/B Multiple€4.29€5.72€7.1555
EV/EBIT€5.94€7.82€9.7066
EV/EBITDA€4.67€6.12€7.5867
EV/Revenue€4.33€6.05€7.7854
Asset-Based
NCAV (Graham)€0.8100€1.23€1.5454
Growth DCF
Growth DCF€1.90€3.27€5.6876
Rev-Margin DCF€3.61€6.79€11.1170
Economic Profit
Residual Income€2.41€3.64€8.3469
ROIC Compounder€4.10€5.34€6.8972
Growth Earnings
Growth-Adj P/E€5.82€8.31€10.8167
The fair value above starts from this blend and is adjusted for dilution from new shares.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.81/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+130.9%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+56.7%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+58.7%
Start year 2020 (pandemic). Over 10 years: −9.4% a year
Revenue growth 17 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−0.1%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+43.2%
Earnings growth per share plus dividend.
Earnings per share, growth per year+42.7%
Dividend (yield on the price)0.5%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.base effect: 42.7% / 22.0%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.−10% → 4%
Pace: the 5-year rate starts in 2020 (pandemic)
⚠ Revenue per share shrinking 16.6%/yr over ~10Y (margins intact) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+16.7%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
Calculated on free cash flow for fiscal year 2025. Over the last twelve months it was negative, so the figure above is uncertain.
After inflation (euro area: IMF forecast 2.2% a year to 2030, 2.6% from 2016 to 2025) that is about +14.3% a year for the price.
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Other Precious Metals & Mining · 102 stocks
Beats the industry median on 7/14 measures
A mixed picture versus its industry peers.
Valuation
Quality Score63 · Top 25%
Fair Value upside+31.0% · Top 25%
Profitability
Return on equity (12 months)19.7% · Top 25%
Return on assets15.7% · Top 25%
Net margin (12 months)1.9% · Bottom 25%
Operating margin (12 months)−0.8% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)28.7% · Above median
Dividend yield (12 months)0.5% · Bottom 25%
Balance sheet
Debt / equity0.01× · Below median
Valuation Multiplesvs Other Precious Metals & Mining median · lower = cheaper
P/E (12 months)18.0× · Priciest 25%
P/B3.32× · Pricier than median
P/S (12 months)0.38× · Cheapest 25%
Price / free cash flow (fiscal year)36.4× · Pricier than median
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Gold By Gold Fair Value". https://www.fairvalue-calculator.com/stock/ALGLD
Frequently asked questions
Is Gold By Gold (ALGLD) overvalued or undervalued?
As of Nov 3, 2026, our model estimates a fair value of €5.66 versus a price of €4.32, about +31% upside (undervalued).
What is the fair value of ALGLD?
Our model-based fair value for Gold By Gold is €5.66 (as of Nov 3, 2026), built from audited fundamentals. The current price: €4.32.
What is the quality score of ALGLD?
Gold By Gold has a Quality Score of 63/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Gold By Gold (ALGLD)?
Our model-based price target is the fair value of €5.66 (as of Nov 3, 2026) from 26 valuation models. Cautious scenario €3.07, optimistic scenario €7.07. It is a calculation from audited fundamentals, not an analyst target.
What is the Gold By Gold stock forecast for 2026?
Our models put fair value at €5.66, about +31% upside versus a price of €4.32 (undervalued). Cautious scenario €3.07, optimistic scenario €7.07. The calculation is refreshed regularly with new filings.
What is the revenue of Gold By Gold (ALGLD)?
Gold By Gold reported trailing-twelve-month revenue of about €35.4M (latest available figure, as of Nov 3, 2026).
Does Gold By Gold pay a dividend?
Gold By Gold currently shows a dividend yield of 0.55% relative to its recent price (as of Nov 3, 2026).
How much is the dividend of Gold By Gold (ALGLD)?
Gold By Gold has a dividend yield of 0.5%.
What growth is priced into Gold By Gold (ALGLD)?
For today's price to be fair in a discounted-cash-flow model, Gold By Gold would have to grow free cash flow by +16.7 % per year for five years (discount rate 9.0 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +58.7 % per year. Calculated on free cash flow for fiscal year 2025. Over the last twelve months it was negative, so the figure above is uncertain. As of Nov 3, 2026.
What discount rate (WACC) does the fair value of ALGLD use?
Our models discount Gold By Gold at 9.0 %: a base by market capitalisation (nano), damped by beta 0.09, country premium for France. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Gold By Gold that is +16.7 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (9.0 %) and the same formula as our fair value.
How much growth has Gold By Gold (ALGLD) delivered so far?
Over the past 5 years revenue at Gold By Gold grew +58.7 % a year. The price currently implies free-cash-flow growth of +16.7 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Gold By Gold (ALGLD) growing?
The median revenue growth in the sector is +7.8 % a year. That is the yardstick for the growth priced into Gold By Gold (+16.7 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Gold By Gold (ALGLD)?
The free-cash-flow yield on the price is 2.82 % in the last fiscal year (free cash flow was negative over the last twelve months): that much free cash flow Gold By Gold produces per unit of market value. When it exceeds the discount rate of our models (9.0 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Gold By Gold (ALGLD)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Gold By Gold it is €5.66 per share (as of Nov 3, 2026), against a price of €4.32. It is the blended result of 26 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Gold By Gold stock overvalued or undervalued in 2026?
As of Nov 3, 2026, ALGLD trades below its calculated fair value: price €4.32, fair value €5.66, a gap of about +31% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of ALGLD?
No. The price is what the market pays today (€4.32); the fair value is what the company's own numbers justify (€5.66). For Gold By Gold the two are €1.34 per share apart. That gap is exactly why we show both numbers side by side.
How much is Gold By Gold worth?
The market values Gold By Gold at about €13.5M (market capitalisation, as of Nov 3, 2026). Per share that is €4.32; our models calculate a fair value of €5.66 per share.
What do the bullish and bearish scenarios say about ALGLD?
Our models span a range for Gold By Gold: cautious scenario €3.07, base €5.66, optimistic €7.07 per share (as of Nov 3, 2026, price €4.32). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of ALGLD?
Gold By Gold trades at a price-to-earnings ratio of 18.0 (as of Nov 3, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of €5.66 is built from several models across several years. Other multiples: P/B 3.3, P/S 0.4, EV/EBITDA 14.7.
How solid is the balance sheet of Gold By Gold (ALGLD)?
Balance-sheet figures for Gold By Gold (as of Nov 3, 2026): return on equity 19.7%, debt of 0.01 per unit of equity. They feed the Quality Score of 63/100, which measures business quality independently of the share price.
How far is ALGLD from its 52-week high?
Gold By Gold trades at €4.32, about 45% below its 52-week high of €7.84 and 68% above the low of €2.58 (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of €5.66 is for.
Which stocks are comparable to Gold By Gold?
From the same area (Basic Materials) we also value PT Amman Mineral Internasional Tbk, Hecla Mining Company, China Gold International Resources Corp, Compañía de Minas Buenaventura S.A., among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Gold By Gold stock attractive at the current price?
The data as of Nov 3, 2026: price €4.32, calculated fair value €5.66 (+31%), Quality Score 63/100, from 26 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of ALGLD calculated?
We run Gold By Gold through 26 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of €5.66 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Gold By Gold currently trades 24% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Gold By Gold (ALGLD)?
The closing price on Nov 9, 2026 was €4.32. Our model-based fair value is €5.66, about +31% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Gold By Gold right now?
Solid quality (63/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range (€3.07 to €7.07) leaves room in how you read the outcome.
Key figures of Gold By Gold
How large is the market capitalisation of Gold By Gold (ALGLD)?
The market capitalisation of Gold By Gold is €13.5M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Gold By Gold (ALGLD)?
The price-to-sales ratio of Gold By Gold is 0.38 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Gold By Gold (ALGLD)?
Earnings per share at Gold By Gold are €0.2400 (price ÷ EPS = P/E 18.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Gold By Gold (ALGLD)?
The dividend yield of Gold By Gold is 0.5% (payout 9.9%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Gold By Gold (ALGLD)?
The net margin of Gold By Gold is 1.9% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Gold By Gold (ALGLD)?
The return on equity (ROE) of Gold By Gold is 19.7% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Gold By Gold (ALGLD)?
On an EBIT basis the return on assets of Gold By Gold is 2.4% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Gold By Gold (ALGLD)?
The operating margin of Gold By Gold is −0.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Gold By Gold (ALGLD)?
Revenue at Gold By Gold is growing +28.7% versus a year earlier (3y avg +56.7%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Gold By Gold (ALGLD)?
Earnings per share at Gold By Gold are growing −5.5% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Gold By Gold (ALGLD) hold?
Gold By Gold holds more cash than debt, €947K net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
Free · no account needed
Watch Gold By Gold in the live analysis
One click puts Gold By Gold on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Broad data
Nov 3, 2026