Sailfish Royalty Corp (FISH) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Sailfish Royalty Corp stock C$1.00, price C$6.83, that is 85.4% below the price, quality 41 out of 100. Rating: strongly overvalued. Calculated from audited financials with 20 of our 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 9, 2026.
How to read this chart
60‑month range C$0.5783 – C$8.30 · fair‑value band C$0.7800 – C$1.02 · the C$6.83 price screens above the C$1.00 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Nov 9, 2026.
Follow Sailfish Royalty in your weekly email
Every Wednesday you see whether Sailfish Royalty 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.
Sailfish Royalty Corp. engages in the acquisition of precious metals royalty and streaming agreements. The company engages in the exploration of gold and silver deposits. It offers management services.
Show moreShow less
Sailfish Royalty Corp. was incorporated in 2014 and is headquartered in Road Town, the British Virgin Islands.
Stock analysis
Sailfish Royalty Corp (FISH) currently trades at C$6.83, while our model-based Fair Value estimate is C$1.00, 85% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the Growth Earnings group reads highest at a median of C$0.9000 per share, and 0 of the 20 models we run sit above the C$6.83 price.
Bear case: the DCF Models group reads lowest at C$0.2000, and 20 of the 20 models stay below the price. Data coverage for this calculation is low.
Scenario range: C$0.7800 (bear) to C$1.02 (bull), the price of C$6.83 sits above 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 41/100 (below-average quality), in the Basic Materials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Sailfish Royalty Corp reported revenue of $3.4M in FY2025 versus $1.5M in FY2021, a compound +23.0%/yr. Reported net income was $1.7M in FY2025, compounding −14.9%/yr from FY2021.
Key figures
Market cap C$521M (≈ $369M) Small · P/E ratio 2.8 · P/S ratio 1.42 · EPS (TTM) C$2.44 · Dividend yield 1.5% · Net margin 50.8% · Return on equity 133% · Return on assets (EBIT) 1.4% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 52 out of 100 (low confidence).
What moves the price
The share trades about 18% below its 52-week high and 153% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −10% fair-value upside, at −85%, FISH screens richer than that median.
Fair Value models
The price assumes far more growth than our models allow for, so the models scatter widely (C$0.0300 to C$2.08). Read the Fair Value as a cautious anchor, not a price target; the Growth Forecast section shows what the price assumes.
BearC$0.7800Fair Value C$1.00BullC$1.02
Price C$6.83 · Downside -85.4%
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 (C$2.01 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.
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.69/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+18.9%
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.
+8.4%
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.
+104.4%
Start year 2020 (pandemic)
Revenue growth 7 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.
+97.2%
’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.
−10.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year−12.3%
Dividend (yield on the price)1.5%
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.−3,161% → 12%
Growth Forecast
A lot of optimism in the price
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).
more than +80 %
Yearly growth needed for the next five years to justify today's 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.Gold · 205 stocks
Beats the industry median on 5/10 measures
A mixed picture versus its industry peers.
Valuation
Quality Score41 · Below median
Fair Value upside−85.4% · Bottom 25%
Profitability
Return on equity (12 months)132.8% · Top 25%
Return on assets2.1% · Below median
Net margin (12 months)50.8% · Top 25%
Operating margin (12 months)−98.8% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)87.5% · Top 25%
Dividend yield (12 months)1.5% · Above median
Balance sheet
Debt / equity0.10× · Above median
Valuation Multiplesvs Gold median · lower = cheaper
P/E (12 months)2.8× · Cheapest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)100· sector 100
PAST (return on equity)100· sector 44
HEALTH (low debt)95· sector 98
DIVIDEND (yield)29· sector 24
VALUE 0: the price sits above our fair-value range.
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.
Is Sailfish Royalty Corp (FISH) overvalued or undervalued?
As of Nov 9, 2026, our model estimates a fair value of C$1.00 versus a price of C$6.83, about 85% lower (overvalued).
What is the fair value of FISH?
Our model-based fair value for Sailfish Royalty Corp is C$1.00 (as of Nov 9, 2026), built from audited fundamentals. The current price: C$6.83.
What is the quality score of FISH?
Sailfish Royalty Corp has a Quality Score of 41/100. 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 Sailfish Royalty Corp (FISH)?
Our model-based price target is the fair value of C$1.00 (as of Nov 9, 2026) from 20 valuation models. Cautious scenario C$0.7800, optimistic scenario C$1.02. It is a calculation from audited fundamentals, not an analyst target.
What is the Sailfish Royalty Corp stock forecast for 2026?
Our models put fair value at C$1.00, about 85% lower versus a price of C$6.83 (overvalued). Cautious scenario C$0.7800, optimistic scenario C$1.02. The calculation is refreshed regularly with new filings.
What is the revenue of Sailfish Royalty Corp (FISH)?
Sailfish Royalty Corp reported trailing-twelve-month revenue of about $5.2M (latest available figure, as of Nov 9, 2026).
Does Sailfish Royalty Corp pay a dividend?
Sailfish Royalty Corp currently shows a dividend yield of 1.46% relative to its recent price (as of Nov 9, 2026).
How much is the dividend of Sailfish Royalty Corp (FISH) and when is the ex-dividend date?
Sailfish Royalty Corp pays a dividend of C$0.1 per share a year, a dividend yield of 1.5%. The last ex-dividend date was Sep 29, 2026. A dividend has been paid every year since at least 2021. The payout ratio is 123% of earnings (on adjusted earnings, reported 109%). Free cash flow covers the dividend 0.25 times. Our assessment: Pays more than it earns. The company pays out more in dividends than it earns, and free cash flow clearly does not cover the dividend either. It may need to be cut unless profits recover.
What growth is priced into Sailfish Royalty Corp (FISH)?
For today's price to be fair in a discounted-cash-flow model, Sailfish Royalty Corp would have to grow free cash flow by more than 80 % per year for five years (discount rate 11.0 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +104.4 % per year. As of Nov 9, 2026.
What discount rate (WACC) does the fair value of FISH use?
Our models discount Sailfish Royalty Corp at 11.0 %: a base by market capitalisation (small), country premium for Canada. 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 Sailfish Royalty Corp that is more than 80 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (11.0 %) and the same formula as our fair value.
How much growth has Sailfish Royalty Corp (FISH) delivered so far?
Over the past 5 years revenue at Sailfish Royalty Corp grew +104.4 % a year. The price currently implies free-cash-flow growth of more than 80 % 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 Sailfish Royalty Corp (FISH) growing?
The median revenue growth in the sector is +9.8 % a year. That is the yardstick for the growth priced into Sailfish Royalty Corp (more than 80 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Sailfish Royalty Corp (FISH)?
The free-cash-flow yield on the price is 0.12 %: that much free cash flow Sailfish Royalty Corp produces per unit of market value. When it exceeds the discount rate of our models (11.0 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Sailfish Royalty Corp (FISH)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Sailfish Royalty Corp it is C$1.00 per share (as of Nov 9, 2026), against a price of C$6.83. It is the blended result of 20 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Sailfish Royalty Corp stock overvalued or undervalued in 2026?
As of Nov 9, 2026, FISH trades above its calculated fair value: price C$6.83, fair value C$1.00, a gap of about −85% (overvalued). 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 FISH?
No. The price is what the market pays today (C$6.83); the fair value is what the company's own numbers justify (C$1.00). For Sailfish Royalty Corp the two are C$5.83 per share apart. That gap is exactly why we show both numbers side by side.
How much is Sailfish Royalty Corp worth?
The market values Sailfish Royalty Corp at about C$521M (market capitalisation, as of Nov 9, 2026). Per share that is C$6.83; our models calculate a fair value of C$1.00 per share.
What do the bullish and bearish scenarios say about FISH?
Our models span a range for Sailfish Royalty Corp: cautious scenario C$0.7800, base C$1.00, optimistic C$1.02 per share (as of Nov 9, 2026, price C$6.83). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of FISH?
Sailfish Royalty Corp trades at a price-to-earnings ratio of 2.8 (as of Nov 9, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of C$1.00 is built from several models across several years. Excluding one-off items of fiscal year 2025 it is 242.0 (reported for FY2025: 215.1).
How solid is the balance sheet of Sailfish Royalty Corp (FISH)?
Balance-sheet figures for Sailfish Royalty Corp (as of Nov 9, 2026): return on equity 132.8%, debt of 0.10 per unit of equity. They feed the Quality Score of 41/100, which measures business quality independently of the share price.
How far is FISH from its 52-week high?
Sailfish Royalty Corp trades at C$6.83, about 18% below its 52-week high of C$8.30 and 153% above the low of C$2.70 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of C$1.00 is for.
Which stocks are comparable to Sailfish Royalty Corp?
From the same area (Basic Materials) we also value Newmont Corporation, Zijin Mining Group, Agnico Eagle Mines Limited, Wheaton Precious Metals Corp, 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 Sailfish Royalty Corp stock attractive at the current price?
The data as of Nov 9, 2026: price C$6.83, calculated fair value C$1.00 (−85%), Quality Score 41/100, from 20 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 FISH calculated?
We run Sailfish Royalty Corp through 20 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 C$1.00 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. Sailfish Royalty Corp itself currently trades above fair value. 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 Sailfish Royalty Corp (FISH)?
The closing price on Nov 6, 2026 was C$6.83. Our model-based fair value is C$1.00, about 85% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Sailfish Royalty Corp right now?
The price sits above even our optimistic bull case (C$1.02). The favourable scenario is already priced in. Weak quality (41/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
Key figures of Sailfish Royalty Corp
How large is the market capitalisation of Sailfish Royalty Corp (FISH)?
The market capitalisation of Sailfish Royalty Corp is C$521M (≈ $369M). 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 Sailfish Royalty Corp (FISH)?
The price-to-sales ratio of Sailfish Royalty Corp is 1.42 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Sailfish Royalty Corp (FISH)?
Earnings per share at Sailfish Royalty Corp are C$2.44 (price ÷ EPS = P/E 2.8). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Sailfish Royalty Corp (FISH)?
The dividend yield of Sailfish Royalty Corp is 1.5% (payout 123%, on adjusted earnings, reported 109%). 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 Sailfish Royalty Corp (FISH)?
The net margin of Sailfish Royalty Corp is 50.8% (fiscal year 2025). 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 Sailfish Royalty Corp (FISH)?
The return on equity (ROE) of Sailfish Royalty Corp is 133% (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 Sailfish Royalty Corp (FISH)?
On an EBIT basis the return on assets of Sailfish Royalty Corp is 1.4% (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 Sailfish Royalty Corp (FISH)?
The operating margin of Sailfish Royalty Corp is −98.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Sailfish Royalty Corp (FISH)?
Revenue at Sailfish Royalty Corp is growing +87.5% versus a year earlier (3y avg +8.4%). 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 Sailfish Royalty Corp (FISH)?
Earnings per share at Sailfish Royalty Corp are growing +688% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Sailfish Royalty Corp (FISH) carry?
The net debt of Sailfish Royalty Corp is $38.9M (fiscal year 2025, ≈ 84.5 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Sailfish Royalty Corp in the live analysis
One click puts Sailfish Royalty Corp on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Thin data
Nov 9, 2026