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STOCK COMPARISON

Cameco vs Elevate Uranium: Fair Value & Quality

Both stocks run through our valuation models. Here is how Cameco (CCJ) and Elevate Uranium (EL8) compare, as of Sep 25, 2026.

As of Sep 25, 2026, Fair Value Calculator sees Elevate Uranium as the less overvalued of the two: Cameco trades at $90.80 versus a fair value of $10.11 (-89%), while Elevate Uranium trades at A$0.24 versus A$0.03 (-86%).
Cameco
CCJ · USD · Energy
-89%
upside to fair value
overvalued
Price$90.80
Fair Value$10.11
Quality66/100
Elevate Uranium
EL8.AU · AUD · Energy
-86%
upside to fair value
overvalued
PriceA$0.24
Fair ValueA$0.03
Quality41/100
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Head-to-head numbers

Green is the better side of a row, red the weaker one (for valuation multiples: lower = cheaper). Grey rows are for reference only and are not scored.

betterweakerfor reference, not scored

CamecoElevate Uranium
Valuation
86.5×P/E (TTM)n/a
11.18×P/S (TTM)69.11×
5.73×P/B3.22×
44.1×EV/EBITDAn/a
1.92×PEG1.75×
−88.9%Fair value upside−85.8%
0.3%Dividend yieldn/a
$0.24Dividend per sharen/a
Profitability
18%Operating marginn/a
10%Return on equity-30%
4%Return on assets-18%
Growth
7%Revenue growth (YoY)216%
23.0%Avg. growth/yr (3Y)85.9%
14.1%Avg. growth/yr (5Y)708.8%
+31.5%Value creation/yrn/a
Balance & size
7.8×Interest coverage (EBIT/interest)n/a
0.14×Debt / equity0.07×
$40BMarket cap$77M
healthyGrowth qualitymixed

Elevate Uranium leads: 3 to 6 metric wins.

n/a = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

Camecoof which business quality 66 · market factors 34 Elevate Uraniumof which business quality 41 · market factors 24
ProfitabilityMargins and returns on capital today
38
1
Quality GrowthAre margins and returns improving?
51
93
CashflowEarnings quality: real cash, not paper profit
92
10
Fin. StrengthBalance sheet, leverage, solvency risk
76
99
InvestmentDisciplined investing over empire-building
66
52
Low VolatilityCalm price path (market factor)
37
31
MomentumPrice trend over the last 3–12 months (market factor)
34
31
52W MomentumDistance to the 52-week high (market factor)
30
5
Net IssuanceShare count: buybacks or dilution?
71
0

What the models say

How far the median fair value (base case) per model family sits from the current price, in percent. The amount in the currency of the trading venue is shown underneath.

above the price, more than 15% above close to the price, 85% to 115% of the price below the price, more than 15% below

Model familyCamecoPrice $90.80Elevate UraniumPrice A$0.24
DCF Models-73%below the price$24.95n/a
Earnings-Based-90%below the price$9.25n/a
Dividend Discount-96%below the price$4.07n/a
Multiples-86%below the price$13.04n/a
Asset-Based-88%below the price$10.61-88%below the priceA$0.03
Growth DCF-67%below the price$30.38n/a
Economic Profit-86%below the price$12.38n/a
Growth Earnings-81%below the price$17.32n/a
Minimum-96%below the price$4.07-88%below the priceA$0.03
Maximum-67%below the price$30.38-88%below the priceA$0.03
Median-86%below the price$12.71-88%below the priceA$0.03
Geometric mean-86%below the price$13.06-88%below the priceA$0.03

Minimum, maximum, median and geometric mean refer to the family values in this table. Geometric because deviations are ratios: half the price and twice the price average to 100%, not 125%.

Cameco: 26 of 26 models see the stock below the current price.

Elevate Uranium: 1 of 1 models see the stock below the current price.

Scenario ranges

From our cautious bear scenario to the optimistic bull scenario. The white tick is the current price (value above it), the green tick the fair value (value below it): if the price sits left of the fair value, there is room to rise.

Cameco
Price $90.80
Fair Value $10.11
Bear $8.57Bull $12.41
Elevate Uranium
Price A$0.24
Fair Value A$0.03
Bear A$0.03Bull A$0.05

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Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

Cameco · Energy

Quality score66 · Top 25%
Fair value upside-89% · bottom 25%

Elevate Uranium · Energy

Quality score41 · below median
Fair value upside-86% · bottom 25%

Bottom line

As of Sep 25, 2026, Fair Value Calculator sees Elevate Uranium as the less overvalued of the two: Cameco trades at $90.80 versus a fair value of $10.11 (-89%), while Elevate Uranium trades at A$0.24 versus A$0.03 (-86%).

Cameco has the higher quality score (66/100).

Open Elevate Uranium live analysis →

More comparisons

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A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.