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China Gold International Resources Corp (CGG) Fair Value & Analysis

Basic Materials · CA · Market cap C$9.8B

CG China Gold International Resources Corp CGG · TO
PriceC$38.59
Fair ValueC$18.48
Upside-52.1%
Quality87/100
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Mixed Growth
Highly profitable · 41.3% net margin
Low debt · generates free cash flow
1.39% dividend yield
Ranks above peers (10/14)
Wide moat 88/100
Evidence: High Range C$13.77 – C$40.39 Share as image

Fair value as of: Jul 20, 2026

From 26 valuation models · updated 20 days ago

Share price +56.4% over the past month.

A strong business, but screening 52% overvalued on our models.

What matters now

  • A high-quality business (quality 87/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety.
  • The model range is unusually wide (C$13.77 to C$40.39). The outcome hinges heavily on assumptions, so read the point estimate with caution.
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Price vs Fair Value (5 years)

C$42.20 C$2.60 Fair Value C$18.48 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 20, 2026.

How to read this chart

60‑month range C$2.60 – C$42.20 · fair‑value band C$13.77 – C$40.39 · the C$38.59 price screens above the C$18.48 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 20, 2026.

Full chart & analysis →

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Analysis

China Gold International Resources Corp (CGG) currently trades at C$38.59, while our model-based Fair Value estimate is C$18.48, implying the stock looks roughly 52.1% overvalued today. The Quality Score stands at 87/100 (high quality), in the Basic Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, China Gold International Resources Corp generated revenue of C$1.5B at a net margin of 41.3%. Revenue grew 66.0% year over year. It earns a return on equity of 29.2%. Net debt stands at C$148M. Fundamentals as of Jul 20, 2026

Our scenario range runs from C$13.77 (bear case) to C$40.39 (bull case); at C$38.59, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 10% below its 52-week high and 242% above its 52-week low, currently above its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -34% fair-value upside, at -52%, CGG screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Growth DCF C$24.36 C$46.11 C$81.16 80
Residual Income C$7.76 C$10.99 C$59.78 76
Rev-Margin DCF C$11.21 C$16.55 C$27.83 74
All 26 models by family
DCF Models
FCF DCF C$25.92 C$39.76 C$82.90 38
Owner Earnings C$21.33 C$46.94 C$98.71 31
5Y Revenue Exit C$10.36 C$14.46 C$22.78 39
5Y EBITDA Exit C$18.05 C$30.02 C$53.42 41
5Y P/E Exit C$18.70 C$38.78 C$65.69 38
10Y Revenue Exit C$15.05 C$25.16 C$29.26 36
10Y EBITDA Exit C$20.69 C$41.36 C$76.01 37
10Y P/E Exit C$21.15 C$42.72 C$77.12 35
Earnings-Based
Graham-Dodd C$8.01 C$55.86 C$78.39 54
Lynch FV C$28.86 C$41.23 C$53.60 50
PEG = 1.0 C$28.86 C$41.23 C$53.60 46
EPV C$11.60 C$13.39 C$14.93 59
Dividend Discount
Gordon GGM C$0.7000 C$1.40 C$2.12 70
DDM Multi-Stage C$0.7000 C$1.21 C$1.48 61
Multiples
P/E Multiple C$15.02 C$20.03 C$25.03 63
P/S Multiple C$3.72 C$4.96 C$6.20 58
P/B Multiple C$13.11 C$17.48 C$21.84 55
EV/EBIT C$15.68 C$20.82 C$25.95 53
EV/EBITDA C$14.42 C$19.14 C$23.85 54
EV/Revenue C$3.75 C$5.24 C$6.73 43
Asset-Based
NCAV (Graham) C$2.91 C$3.90 C$5.83 50
Growth DCF
Growth DCF C$24.36 C$46.11 C$81.16 80
Rev-Margin DCF C$11.21 C$16.55 C$27.83 74
Economic Profit
Residual Income C$7.76 C$10.99 C$59.78 76
ROIC Compounder C$15.64 C$25.02 C$30.41 72
Growth Earnings
Growth-Adj P/E C$35.51 C$50.72 C$65.94 68

Widest divergence: Growth Earnings (C$50.72) versus Dividend Discount (C$1.21). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) C$1.5B
Revenue growth (YoY) +66.0%
Net margin 41.3%
Return on equity 29.2%
Free cash flow C$639M FY2025
P/E ratio 11.2
More key figures
Operating margin 59.9%
EPS (TTM) C$2.21
Dividend yield 1.4%
EPS growth (YoY) +175%
Net debt C$148M FY2025

Figures from reported company fundamentals · as of Jul 20, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 87/100

Of which business quality 82 · Market factors (momentum, volatility) 61

Profitability 62
Margins and returns on capital today
Quality Growth 100
Are margins and returns improving?
Cashflow 90
Earnings quality: real cash, not paper profit
Fin. Strength 86
Balance sheet, leverage, solvency risk
Investment 79
Disciplined investing over empire-building
Low Volatility 3
Calm price path (market factor)
Momentum 80
Price trend over the last 3–12 months (market factor)
52W Momentum 93
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

China Gold International Resources Corp. Ltd., a gold and base metal mining company, acquires, explores, develops, and mines mineral resources in the People's Republic of China and Canada.

Full company description

China Gold International Resources Corp. Ltd., a gold and base metal mining company, acquires, explores, develops, and mines mineral resources in the People's Republic of China and Canada. It holds 96.5% interest in the Chang Shan Hao gold mine (CSH mine) located in Inner Mongolia, China; and holds 100% interest in the Jiama copper-gold polymetallic mine that hosts copper, gold, molybdenum, silver, lead, and zinc metals located in Tibet, China. The company also engages in logistics and transport-related businesses, and investment holding activity, as well as operates an issuer of bonds. The company was incorporated in 2000 and is headquartered in Vancouver, Canada.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

China Gold International Resources Corp reported revenue of C$1.3B in FY2025 versus C$1.1B in FY2021, a compound +3.6%/yr. Reported net income was C$467M in FY2025, compounding +15.0%/yr from FY2021.

Growth Quality 80/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
C$1.3B
Latest YoY
+73.1%
Avg. growth/yr (3Y)
+5.8%
Avg. growth/yr (5Y)
+8.7%
Avg. growth/yr (24Y)
+39.9%
Revenue +3.6%/yr
FY21 C$1.1B
FY22 C$1.1B
FY23 C$459M
FY24 C$757M
FY25 C$1.3B
Net income +15.0%/yr
FY21 C$267M
FY22 C$223M
FY23 −C$25.5M
FY24 C$62.7M
FY25 C$467M

CGG screens 52% overvalued. Compare with Fresnillo plc →

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Cite: Fair Value Calculator (2026). "China Gold International Resources Corp Fair Value". https://www.fairvalue-calculator.com/stock/CGG

Peer Group

Other Precious Metals & Mining · 102 stocks

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.

Quality Score 87 · Top 25%
Fair Value upside −52% · Below median
Return on equity (TTM) 29% · Top 25%
Return on assets 14% · Top 25%
Net margin (TTM) 41% · Top 25%
Operating margin (TTM) 60% · Top 25%
Revenue growth 66% · Above median
Dividend yield (TTM) 1.4% · Above median
Debt / equity 0.13× · Higher than median

Valuation Multiples vs Other Precious Metals & Mining median · lower = cheaper

P/E (TTM) 11.2× · Cheaper than median
P/B 3.05× · Pricier than 75% of peers
P/S (TTM) 4.73× · Cheaper than median
P/FCF 11.0× · Cheaper than median
EV/EBITDA 7.6× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 0
FUTURE 100 · sector 21
PAST 100 · sector 0
HEALTH 94 · sector 99
DIVIDEND 28 · sector 15

VALUE 0: the price sits above our fair-value range.

Insider activity: 40/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Other Precious Metals & Mining stocks, each showing price versus our Fair Value estimate (as of Jul 20, 2026).

Stock Price Fair Value vs Fair Value
Fresnillo plc FRES 579.75 MXN 558.30 MXN -4%
Hecla Mining Company HL $14.52 $8.15 -44%
Compañía de Minas Buenaventura S.A. BVN $29.82 $29.96 +0%
Sibanye Stillwater Limited SBSW $8.12 $9.90 +22%
Artemis Gold Inc ARTG C$32.98 C$21.86 -34%
Triple Flag Precious Metals Corp TFPM $28.10 $16.03 -43%
Sino-Platinum Metals Co 600459 ¥21.01 ¥13.23 -37%
Perpetua Resources Corp PPTA C$26.10 C$5.85 -78%
Zhaojin International Gold Co 000506 ¥13.15 ¥2.84 -78%
Al Masane Al Kobra Mining Company 1322 74.05 SAR 53.08 SAR -28%

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Frequently asked questions

Is China Gold International Resources Corp (CGG) overvalued or undervalued?
As of Jul 20, 2026, our model estimates a fair value of C$18.48 versus a price of C$38.59, about −52% (overvalued).
What is the fair value of CGG?
Our model-based fair value for China Gold International Resources Corp is C$18.48 (as of Jul 20, 2026), built from audited fundamentals. The current price is C$38.59.
What is the quality score of CGG?
China Gold International Resources Corp has a Quality Score of 87/100. 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 revenue of China Gold International Resources Corp (CGG)?
China Gold International Resources Corp reported trailing-twelve-month revenue of about C$1.5B (latest available figure, as of Jul 20, 2026).
What is the net profit margin of CGG?
The net profit margin of China Gold International Resources Corp is about 41.3%, meaning it keeps roughly 41.3% of revenue as net income. Based on the latest reported figures.
Does China Gold International Resources Corp pay a dividend?
China Gold International Resources Corp currently shows a dividend yield of about 1.29% relative to its recent price (as of Jul 20, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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