Endeavour Mining Corp (EDV) fair value: what the stock is really worth
As of Oct 26, 2026: fair value (intrinsic value) of Endeavour Mining Corp stock £67.36, price £38.77, upside +73.7%, quality 87 out of 100. Rating: strongly undervalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Fair value above price?Yes
Good quality?Yes
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 26, 2026.
How to read this chart
60‑month range £11.52 – £52.20 · fair‑value band £35.68 – £92.15 · the £38.77 price screens below the £67.36 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. Dashed = 300-day average. As of Oct 26, 2026.
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Endeavour Mining plc, together with its subsidiaries, operates as a gold mining company in West Africa. The company also explores gold, copper, and silver. The company's projects include Houndé, Mana, Ity, Lafigué, Sabodala-Massawa, Kalana, and Assafou mines.
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It primarily holds a portfolio of projects in Burkina Faso, Côte d'Ivoire, Senegal, and Mali. Endeavour Mining plc is headquartered in London, the United Kingdom.
Stock analysis
Endeavour Mining Corp (EDV) currently trades at £38.77, while our model-based Fair Value estimate is £67.36, implying the stock looks roughly 42.4% undervalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of £71.04 per share, and 15 of the 26 models we run sit above the £38.77 price.
Bear case: the Dividend Discount group reads lowest at £9.65, and 11 of the 26 models stay below the price. Data coverage for this calculation is high.
Scenario range: £35.68 (bear) to £92.15 (bull), the price of £38.77 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 87/100 (high quality), in the Basic Materials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Endeavour Mining Corp reported revenue of $4.3B in FY2025 versus $2.6B in FY2021, a compound +13.0%/yr. Reported net income was $690M in FY2025, compounding +33.8%/yr from FY2021.
Key figures
Market cap £9.5B Large · P/E ratio 15.3 · P/S ratio 2.46 · EPS (TTM) £2.53 · Dividend yield 3.4% · Net margin 16.0% · Return on equity 31.3% · Return on assets (EBIT) 12.9%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 81 out of 100 (low confidence).
What moves the price
The share trades about 26% below its 52-week high and 32% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at 10% fair-value upside, at 74%, EDV screens cheaper than that median.
Fair Value models
Bear£35.68Fair Value £67.36Bull£92.15
Price £38.77 · Upside +73.7%
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 (£0.9874 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.80/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+60.8%
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.
+27.6%
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.
+24.7%
Start year 2020 (pandemic). Over 10 years: +23.5% a year
Revenue growth 25 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.
+23.2%
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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.
+39.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year+36.5%
Dividend (yield on the price)3.4%
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.36.5% vs 44.2%, slowing
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.24% → 44%
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far and less than analysts expect.
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).
+0.3%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+11.3%
Yearly sales growth analysts expect, extended to five years.
After inflation (figures in USD, USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about −2.1% a year for the price and +8.8% for the forecasts.
News mood ⓘNews mood, the average tone of recent news (35 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Neutral
Recent news coverage is roughly neutral, about typical for how stocks are covered.
AI conclusion: Endeavour benefits from reliable cash flows at its established West African mines and progress on the Assafou project for future low-cost output, yet its limited durable moat stems from commodity exposure.
Main risk: Execution risks in the West African region could delay or alter gains from the Assafou project and established mines, hitting future output and cash flows.
Endeavour generates reliable cash flows from its established West African mines while advancing the Assafou project after a positive feasibility study that points to substantial future output at low costs. Execution risks in the region could delay or alter those gains, even as current performance stays on track. Will the growth pipeline add more value than the operational hurdles subtract?
Price, fair value, quality and upside side by side.
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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 · 210 stocks
Beats the industry median on 8/14 measures
A mixed picture versus its industry peers.
Valuation
Quality Score87 · Top 25%
Fair Value upside+73.7% · Top 25%
Profitability
Return on equity (12 months)31.3% · Top 25%
Return on assets16.1% · Top 25%
Net margin (12 months)23.0% · Below median
Operating margin (12 months)46.9% · Above median
Growth and dividend
Revenue growth (quarter YoY)21.0% · Below median
Dividend yield (12 months)3.4% · Top 25%
Balance sheet
Debt / equity0.18× · Highest 25%
Valuation Multiplesvs Gold median · lower = cheaper
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 Endeavour Mining Corp (EDV) overvalued or undervalued?
As of Oct 26, 2026, our model estimates a fair value of £67.36 versus a price of £38.77, about +74% upside (undervalued).
What is the fair value of EDV?
Our model-based fair value for Endeavour Mining Corp is £67.36 (as of Oct 26, 2026), built from audited fundamentals. The current price: £38.77.
What is the quality score of EDV?
Endeavour Mining 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 price target for Endeavour Mining Corp (EDV)?
Our model-based price target is the fair value of £67.36 (as of Oct 26, 2026) from 26 valuation models. Cautious scenario £35.68, optimistic scenario £92.15. It is a calculation from audited fundamentals, not an analyst target.
What is the Endeavour Mining Corp stock forecast for 2026?
Our models put fair value at £67.36, about +74% upside versus a price of £38.77 (undervalued). Cautious scenario £35.68, optimistic scenario £92.15. The calculation is refreshed regularly with new filings.
What is the revenue of Endeavour Mining Corp (EDV)?
Endeavour Mining Corp reported trailing-twelve-month revenue of about $4.8B (latest available figure, as of Oct 26, 2026).
Does Endeavour Mining Corp pay a dividend?
Endeavour Mining Corp currently shows a dividend yield of 3.43% relative to its recent price (as of Oct 26, 2026).
What growth is priced into Endeavour Mining Corp (EDV)?
For today's price to be fair in a discounted-cash-flow model, Endeavour Mining Corp would have to grow free cash flow by +0.3 % per year for five years (discount rate 10.3 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +24.8 % per year. As of Oct 26, 2026.
What discount rate (WACC) does the fair value of EDV use?
Our models discount Endeavour Mining Corp at 10.3 %: a base by market capitalisation (large), damped by beta 1.20, country premium for United Kingdom. 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 Endeavour Mining Corp that is +0.3 % per year a year over ten years, using the same discount rate (10.3 %) and the same formula as our fair value.
How much growth has Endeavour Mining Corp (EDV) delivered so far?
Over the past 5 years revenue at Endeavour Mining Corp grew +24.8 % a year. The price currently implies +0.3 % per year free-cash-flow growth a 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 Endeavour Mining Corp (EDV) growing?
The median revenue growth in the sector is +9.5 % a year. That is the yardstick for the growth priced into Endeavour Mining Corp (+0.3 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Endeavour Mining Corp (EDV)?
The free-cash-flow yield on the price is 9.02 %: that much free cash flow Endeavour Mining Corp produces per unit of market value. When it exceeds the discount rate of our models (10.3 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Endeavour Mining Corp (EDV)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Endeavour Mining Corp it is £67.36 per share (as of Oct 26, 2026), against a price of £38.77. It is the blended result of 26 valuation models (cash flow, earnings, asset, dividend).
Is Endeavour Mining Corp stock overvalued or undervalued in 2026?
As of Oct 26, 2026, EDV trades below its calculated fair value: price £38.77, fair value £67.36, a gap of about +74% (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 EDV?
No. The price is what the market pays today (£38.77); the fair value is what the company's own numbers justify (£67.36). For Endeavour Mining Corp the two are £28.59 per share apart. That gap is exactly why we show both numbers side by side.
How much is Endeavour Mining Corp worth?
The market values Endeavour Mining Corp at about £9.5B (market capitalisation, as of Oct 26, 2026). Per share that is £38.77; our models calculate a fair value of £67.36 per share.
What do the bullish and bearish scenarios say about EDV?
Our models span a range for Endeavour Mining Corp: cautious scenario £35.68, base £67.36, optimistic £92.15 per share (as of Oct 26, 2026, price £38.77). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of EDV?
Endeavour Mining Corp trades at a price-to-earnings ratio of 15.3 (as of Oct 26, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of £67.36 is built from several models across several years. Excluding one-off items of fiscal year 2025 it is 16.1 (reported for FY2025: 18.1). Other multiples: P/B 4.2, P/S 3.5, EV/EBITDA 5.9.
How solid is the balance sheet of Endeavour Mining Corp (EDV)?
Balance-sheet figures for Endeavour Mining Corp (as of Oct 26, 2026): return on equity 31.3%, debt of 0.18 per unit of equity. They feed the Quality Score of 87/100, which measures business quality independently of the share price.
How far is EDV from its 52-week high?
Endeavour Mining Corp trades at £38.77, about 26% below its 52-week high of £52.20 and 32% above the low of £29.34 (as of Oct 26, 2026). Distance from the high says nothing about value: that is what the fair value of £67.36 is for.
Which stocks are comparable to Endeavour Mining 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 Endeavour Mining Corp stock attractive at the current price?
The data as of Oct 26, 2026: price £38.77, calculated fair value £67.36 (+74%), Quality Score 87/100, 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 EDV calculated?
We run Endeavour Mining Corp through 26 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of £67.36, 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 12.7 % above its aggregate fair value. Endeavour Mining Corp currently trades 42 % 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 Endeavour Mining Corp (EDV)?
The closing price on Oct 26, 2026 was £38.77. Our model-based fair value is £67.36, about +74% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Endeavour Mining Corp right now?
The rarer combination: high quality (87/100) AND below fair value. That earns a closer look rather than a quick verdict. A fairly wide model range (£35.68 to £92.15) leaves room in how you read the outcome.
Key figures of Endeavour Mining Corp
How large is the market capitalisation of Endeavour Mining Corp (EDV)?
The market capitalisation of Endeavour Mining Corp is £9.5B. 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 Endeavour Mining Corp (EDV)?
The price-to-sales ratio of Endeavour Mining Corp is 2.46 (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 Endeavour Mining Corp (EDV)?
Earnings per share at Endeavour Mining Corp are £2.53 (price ÷ EPS = P/E 15.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Endeavour Mining Corp (EDV)?
The dividend yield of Endeavour Mining Corp is 3.4% (payout 55.1%, on adjusted earnings, reported 62.1%). 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 Endeavour Mining Corp (EDV)?
The net margin of Endeavour Mining Corp is 16.0% (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 Endeavour Mining Corp (EDV)?
The return on equity (ROE) of Endeavour Mining Corp is 31.3% (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 Endeavour Mining Corp (EDV)?
On an EBIT basis the return on assets of Endeavour Mining Corp is 12.9% (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 Endeavour Mining Corp (EDV)?
The operating margin of Endeavour Mining Corp is 46.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Endeavour Mining Corp (EDV)?
Revenue at Endeavour Mining Corp is growing +21.0% versus a year earlier (3y avg +27.6%). 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 Endeavour Mining Corp (EDV)?
Earnings per share at Endeavour Mining Corp are growing −7.3% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Endeavour Mining Corp (EDV) carry?
The net debt of Endeavour Mining Corp is $232M (fiscal year 2025, ≈ 0.2 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Broad data
Oct 26, 2026