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EDR.TO (EDR) Fair Value & Analysis

Basic Materials · CA · Market cap C$3.3B (≈ $2.4B) · ISIN CA29258Y1034

What is EDR.TO really worth?

ET EDR.TO EDR · TO
PriceC$15.40
Fair ValueC$1.76
Upside−88.6%
Quality25/100

Below-average quality, and trading another 775% above our fair value of C$1.76.

As of Aug 29, 2026, the fair value of EDR.TO is C$1.76 per share against a price of C$15.40, so the fair value sits 89% below the price. A model estimate blended from multiple valuation models, recalculated regularly.

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Risks

!Mixed Growth (revenue 5y +27.6 %/yr)
!Loss-making · -3.5% net margin
!Low debt · negative free cash flow
!Narrow moat 35/100
!Evidence only low, so the estimate is less certain
Evidence: Low Range C$1.30 – C$2.23

Fair value as of: Aug 29, 2026

From 6 valuation models · updated 8 days ago

Fair value updated Aug 29, 2026, revised from C$1.24 to C$1.76 (+41.9%) since Aug 13, 2026. Share price +22.7% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits above even our optimistic bull case (C$2.23). The favourable scenario is already priced in.
  • Weak quality (25/100) 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.

Price vs Fair Value (5 years)

C$19.33 C$1.85 Fair Value C$1.76 Jun 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 29, 2026.

How to read this chart

60‑month range C$1.85 – C$19.33 · fair‑value band C$1.30 – C$2.23 · the C$15.40 price screens above the C$1.76 fair value. Dashed = 300-day average. As of Aug 29, 2026.

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Analysis

EDR.TO (EDR) currently trades at C$15.40, while our model-based Fair Value estimate is C$1.76, implying the stock looks roughly 774.9% overvalued today. The Quality Score stands at 25/100 (below-average quality), in the Basic Materials sector. Bull case: the Asset-Based group reads highest at a median of C$1.31 per share, and 0 of the 6 models we run sit above the C$15.40 price. Bear case: the Earnings-Based group reads lowest at C$0.4300, and 6 of the 6 models stay below the price. Evidence for this calculation is low.

Over the trailing twelve months, EDR.TO generated revenue of C$614M at a net margin of −3.5%. Revenue grew 230.2% year over year. It earns a return on equity of −3.9%. Net debt stands at C$28.4M. Fundamentals as of Aug 29, 2026

Our scenario range runs from C$1.30 (bear case) to C$2.23 (bull case); at C$15.40, the current price sits above 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 26% below its 52-week high and 148% above its 52-week low, currently above its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at −72% fair-value upside, at −89%, EDR screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced 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. Every input is real reported data, nothing guessed.

Note: the current price implies far more future growth than the conservative anchors of our models allow (base growth is deliberately capped, we do not regard such extreme rates as sustainable). Our models are not designed for expectations this high; that is why the individual models scatter extremely (C$0.4300 to C$3.47). Read the values as a conservative anchor, not as a price target.
Model 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. Evidence
Highest evidence
EPV best evidence C$0.3700 C$0.4300 C$0.4900 74
ROIC Compounder C$0.3700 C$0.4300 C$0.4900 72
EV/EBITDA C$2.58 C$3.47 C$4.35 67
All 6 models by family
Earnings-Based
EPV best evidence C$0.3700 C$0.4300 C$0.4900 74
Multiples
EV/EBIT C$0.9400 C$1.27 C$1.60 66
EV/EBITDA C$2.58 C$3.47 C$4.35 67
EV/Revenue C$0.8000 C$1.17 C$1.55 53
Asset-Based
NCAV (Graham) C$0.9800 C$1.31 C$1.95 54
Economic Profit
ROIC Compounder C$0.3700 C$0.4300 C$0.4900 72

Widest divergence: Asset-Based (C$1.31) versus Earnings-Based (C$0.4300). Highest evidence: EPV (74).

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Key figures & financial health

P/S ratio 5.36 TTM
EPS (TTM) C$−0.0900
Net margin −25.9% FY2025
Return on equity −3.9% TTM
Return on assets (EBIT) 2.7% avg 5y
Operating margin 39.9% TTM
More key figures
Growth
Revenue (TTM) C$614M TTM
Revenue growth (YoY) +230% 3y avg +30.6%
EPS growth (YoY) −58.6%
Balance sheet & cash flow
Free cash flow −C$117M FY2025
Net debt C$28.4M FY2025

Figures from reported company fundamentals · as of Aug 29, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 25/100

Of which business quality 29 · Market factors (momentum, volatility) 56

Profitability 6
Margins and returns on capital today
Quality Growth 58
Are margins and returns improving?
Cashflow 16
Earnings quality: real cash, not paper profit
Fin. Strength 81
Balance sheet, leverage, solvency risk
Investment 0
Disciplined investing over empire-building
Low Volatility 0
Calm price path (market factor)
Momentum 78
Price trend over the last 3–12 months (market factor)
52W Momentum 81
Distance to the 52-week high (market factor)
Net Issuance 0
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Endeavour Silver Corp., a silver mining company, engages in the acquisition, exploration, development, extraction, processing, refining, and reclamation of mineral properties in Mexico, Chile, Peru, and the United States. It primarily explores for gold and silver deposits, and precious metals, as well as polymetals.

Full company description

Endeavour Silver Corp., a silver mining company, engages in the acquisition, exploration, development, extraction, processing, refining, and reclamation of mineral properties in Mexico, Chile, Peru, and the United States. It primarily explores for gold and silver deposits, and precious metals, as well as polymetals. The company was formerly known as Endeavour Gold Corp. and changed its name to Endeavour Silver Corp. in September 2004. Endeavour Silver Corp. was incorporated in 1981 and is headquartered in Vancouver, Canada.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

EDR.TO reported revenue of $468M in FY2025 versus $165M in FY2021, a compound +29.7%/yr. Reported net income was −$121M in FY2025.

Growth Quality 30/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
C$468M
Latest YoY
+115.2%
Avg. revenue growth/yr (3Y) 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.
+30.6%
Avg. revenue growth/yr (5Y) 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.
+27.6%
Avg. revenue growth/yr (25Y) 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.
+126.1%
EBIT margin (trend) 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.
−0.6% (2020) → 6.0% (2025)
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Revenue +29.7%/yr
FY21 $165M
FY22 $210M
FY23 $205M
FY24 $218M
FY25 $468M
Net income
FY21 $14.0M
FY22 $6.2M
FY23 $6.1M
FY24 −$31.5M
FY25 −$121M

EDR screens 775% overvalued. Compare with First Majestic Silver Corp →

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Cite: Fair Value Calculator (2026). "EDR.TO Fair Value". https://www.fairvalue-calculator.com/stock/EDR.TO

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

Similar stocks

10 more Silver stocks, each showing price versus our Fair Value estimate (as of Aug 29, 2026).

Stock Price Fair Value vs Fair Value
First Majestic Silver Corp AG $20.97 $5.78 −72%
Discovery Silver Corp DSV C$12.48 C$3.82 −69%
Aya Gold & Silver Inc AYA C$40.53 C$7.46 −82%
Endeavour Silver Corp EXK $10.76 $1.24 −88%
Silvercorp Metals Inc SVM $13.11 $7.70 −41%
Andean Precious Metals Corp APM C$7.04 C$12.33 +75%
Apollo Silver Corp APGO C$3.21 C$0.5200 −84%
Sotkamo Silver AB SOSI1 €0.4290 €0.1700 −60%
Minaurum Silver Inc MGG C$0.2900 C$0.0400 −86%
Argenta Silver Corp AGAG C$0.5350 C$0.0600 −89%

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Frequently asked questions

Is EDR.TO (EDR) overvalued or undervalued?
As of Aug 29, 2026, our model estimates a fair value of C$1.76 versus a price of C$15.40, about −89% upside (overvalued).
What is the fair value of EDR?
Our model-based fair value for EDR.TO is C$1.76 (as of Aug 29, 2026), built from audited fundamentals. The current price: C$15.40.
What is the quality score of EDR?
EDR.TO has a Quality Score of 25/100. 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 EDR.TO (EDR)?
Our model-based price target is the fair value of C$1.76 (as of Aug 29, 2026) from 6 valuation models. Cautious scenario C$1.30, optimistic scenario C$2.23. It is a calculation from audited fundamentals, not an analyst target.
What is the EDR.TO stock forecast for 2026?
Our models put fair value at C$1.76, about −89% upside versus a price of C$15.40 (overvalued). Cautious scenario C$1.30, optimistic scenario C$2.23. The calculation is refreshed regularly with new filings.
What is the revenue of EDR.TO (EDR)?
EDR.TO reported trailing-twelve-month revenue of about C$614M (latest available figure, as of Aug 29, 2026).
What is the net profit margin of EDR?
The net profit margin of EDR.TO is about −3.5%, meaning it is currently running at a net loss. Based on the latest reported figures.
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