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Empress Royalty Corp (EMPR) Fair Value & Analysis

Basic Materials · CA · Market cap C$113M

ER Empress Royalty Corp EMPR · V
PriceC$0.9500
Fair ValueC$0.6300
Upside-33.7%
Quality66/100
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Mixed Growth
Highly profitable · 43.8% net margin
Low debt · generates free cash flow
Ranks above peers (12/13)
Wide moat 85/100
Evidence: High Range C$0.3800 – C$0.7800 Share as image

Fair value as of: Jul 15, 2026

From 20 valuation models · updated 26 days ago

Share price +10.5% over the past month.

A solid business, but screening 34% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (C$0.7800). The favourable scenario is already priced in.
  • Solid but not exceptional quality (66/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (C$0.3800 to C$0.7800) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

C$1.26 C$0.1650 Fair Value C$0.6300 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 15, 2026.

How to read this chart

60‑month range C$0.1650 – C$1.26 · fair‑value band C$0.3800 – C$0.7800 · the C$0.9500 price screens above the C$0.6300 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 15, 2026.

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Analysis

Empress Royalty Corp (EMPR) currently trades at C$0.9500, while our model-based Fair Value estimate is C$0.6300, implying the stock looks roughly 33.7% overvalued today. The Quality Score stands at 66/100 (solid 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, Empress Royalty Corp generated revenue of C$23.5M at a net margin of 43.8%. Revenue grew 231.0% year over year. It earns a return on equity of 41.2%. Net debt stands at C$4.2M. Fundamentals as of Jul 15, 2026

Our scenario range runs from C$0.3800 (bear case) to C$0.7800 (bull case); at C$0.9500, 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 28% below its 52-week high and 58% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -34% fair-value upside, at -34%, EMPR screens cheaper 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 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
Growth DCF C$0.3300 C$0.5200 C$0.8200 80
Rev-Margin DCF C$0.2500 C$0.4000 C$0.7000 74
ROIC Compounder C$0.4400 C$0.6200 C$0.7300 72
All 20 models by family
DCF Models
FCF DCF C$0.3500 C$0.4900 C$0.8800 38
5Y Revenue Exit C$0.2300 C$0.3500 C$0.5900 39
5Y P/E Exit C$0.6000 C$1.36 C$2.40 38
10Y Revenue Exit C$0.2700 C$0.4800 C$0.5800 36
10Y P/E Exit C$0.5100 C$1.15 C$2.22 35
Earnings-Based
Graham-Dodd C$0.3800 C$2.64 C$3.71 54
Lynch FV C$1.36 C$1.95 C$2.53 50
PEG = 1.0 C$1.36 C$1.95 C$2.53 46
EPV C$0.3600 C$0.4000 C$0.4300 59
Multiples
P/E Multiple C$0.7100 C$0.9500 C$1.18 63
P/S Multiple C$0.1400 C$0.1900 C$0.2400 58
P/B Multiple C$0.4700 C$0.6300 C$0.7800 55
EV/EBIT C$0.6400 C$0.8500 C$1.06 53
EV/Revenue C$0.1600 C$0.2100 C$0.2700 43
Asset-Based
NCAV (Graham) C$0.1000 C$0.1400 C$0.2100 50
Growth DCF
Growth DCF C$0.3300 C$0.5200 C$0.8200 80
Rev-Margin DCF C$0.2500 C$0.4000 C$0.7000 74
Economic Profit
Residual Income C$0.2900 C$0.4000 C$1.71 61
ROIC Compounder C$0.4400 C$0.6200 C$0.7300 72
Growth Earnings
Growth-Adj P/E C$1.68 C$2.40 C$3.12 68

Widest divergence: Growth Earnings (C$2.40) versus Asset-Based (C$0.1400). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) C$23.5M
Revenue growth (YoY) +231%
Net margin 43.8%
Return on equity 41.2%
Free cash flow C$3.7M FY2025
P/E ratio 7.7
More key figures
Operating margin 61.4%
EPS (TTM) C$0.1100
EPS growth (YoY) +464%
Net debt C$4.2M FY2024

Figures from reported company fundamentals · as of Jul 15, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 66/100

Of which business quality 65 · Market factors (momentum, volatility) 33

Profitability 76
Margins and returns on capital today
Quality Growth 100
Are margins and returns improving?
Cashflow 67
Earnings quality: real cash, not paper profit
Fin. Strength 73
Balance sheet, leverage, solvency risk
Investment 35
Disciplined investing over empire-building
Low Volatility 8
Calm price path (market factor)
Momentum 40
Price trend over the last 3–12 months (market factor)
52W Momentum 48
Distance to the 52-week high (market factor)
Net Issuance 20
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

Empress Royalty Corp. engages in creating and investing in a portfolio of precious metal royalty and streaming interests in Canada. It focuses on small to mid-tier producing or development stage mining companies. The company explores gold and silver deposits. Empress Royalty Corp. was incorporated in 2020 and is headquartered in Vancouver, Canada.

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

Revenue & earnings trend

FY2022 – FY2025 · reported fiscal years

Empress Royalty Corp reported revenue of C$17.2M in FY2025 versus C$1.8M in FY2022, a compound +111.1%/yr. Reported net income was C$7.4M in FY2025.

Growth Quality 91/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
C$17.2M
Latest YoY
+114.1%
Avg. 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.
+111.1%
Revenue +111.1%/yr
FY22 C$1.8M
FY23 C$3.5M
FY24 C$8.0M
FY25 C$17.2M
Net income
FY22 −C$3.4M
FY23 −C$2.9M
FY24 C$1.0M
FY25 C$7.4M

EMPR screens 34% overvalued. Compare with Fresnillo plc →

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Cite: Fair Value Calculator (2026). "Empress Royalty Corp Fair Value". https://www.fairvalue-calculator.com/stock/EMPR

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 66 · Top 25%
Fair Value upside −34% · Above median
Return on equity (TTM) 41% · Top 25%
Return on assets 24% · Top 25%
Net margin (TTM) 44% · Top 25%
Operating margin (TTM) 61% · Top 25%
Revenue growth 231% · Top 25%
Debt / equity 0.01× · Lower than median

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

P/E (TTM) 7.7× · Cheaper than 75% of peers
P/B 2.92× · Pricier than median
P/S (TTM) 3.47× · Cheaper than median
P/FCF 21.7× · Cheaper than median
EV/EBITDA 5.3× · Cheaper 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 99 · sector 99
DIVIDEND 0 · sector 15

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

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 15, 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%
China Gold International Resources Corp CGG C$24.78 C$18.48 -25%
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%

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Frequently asked questions

Is Empress Royalty Corp (EMPR) overvalued or undervalued?
As of Jul 15, 2026, our model estimates a fair value of C$0.6300 versus a price of C$0.9500, about −34% (overvalued).
What is the fair value of EMPR?
Our model-based fair value for Empress Royalty Corp is C$0.6300 (as of Jul 15, 2026), built from audited fundamentals. The current price is C$0.9500.
What is the quality score of EMPR?
Empress Royalty Corp has a Quality Score of 66/100. 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 Empress Royalty Corp (EMPR)?
Empress Royalty Corp reported trailing-twelve-month revenue of about C$23.5M (latest available figure, as of Jul 15, 2026).
What is the net profit margin of EMPR?
The net profit margin of Empress Royalty Corp is about 43.8%, meaning it keeps roughly 43.8% of revenue as net income. Based on the latest reported figures.

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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