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Majestic Gold Corp (MJS) Fair Value & Analysis

Basic Materials · CA · Market cap C$125M

MG Majestic Gold Corp MJS · V
PriceC$0.1050
Fair ValueC$0.1080
Upside+2.9%
Quality45/100
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Expensive Growth
Thin margins · 7.1% net margin
generates free cash flow
Ranks above peers (10/13)
Moderate moat 49/100
Evidence: Medium Range C$0.0900 – C$0.1350 Share as image

Fair value as of: Jul 31, 2026

From 23 valuation models · updated 10 days ago

Fair value updated Jul 31, 2026, revised from C$0.1100 to C$0.1080 (−1.8%) since Jun 26, 2026. Share price +10.5% over the past month.

Below-average quality, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • Our model range runs from C$0.0900 (bear) to C$0.1350 (bull), base C$0.1080. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 45/100 (below-average quality) with medium evidence: read the verdict with care.
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Price vs Fair Value (5 years)

C$0.2200 C$0.0441 Fair Value C$0.1080 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 31, 2026.

How to read this chart

60‑month range C$0.0441 – C$0.2200 · fair‑value band C$0.0900 – C$0.1350 · the C$0.1050 price screens below the C$0.1080 fair value. Dashed = 300-day average. As of Jul 31, 2026.

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Analysis

Majestic Gold Corp (MJS) currently trades at C$0.1050, while our model-based Fair Value estimate is C$0.1080, implying the stock looks roughly 2.9% fairly valued today. The Quality Score stands at 45/100 (below-average quality), in the Basic Materials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium), always confirm before acting.

Over the trailing twelve months, Majestic Gold Corp generated revenue of C$93.3M at a net margin of 7.1%. Revenue grew 20.9% year over year. It earns a return on equity of 9.1%. Net debt stands at C$26.0M. Fundamentals as of Jul 31, 2026

Our scenario range runs from C$0.0900 (bear case) to C$0.1350 (bull case); at C$0.1050, 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 54% below its 52-week high, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at 16% fair-value upside, at 3%, MJS 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 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
Residual Income C$0.1000 C$0.0900 C$0.0800 76
Growth DCF C$0.1200 C$0.1900 C$0.2900 72
Growth-Adj P/E C$0.1000 C$0.1400 C$0.1800 68
All 23 models by family
DCF Models
FCF DCF C$0.1200 C$0.1900 C$0.3400 38
5Y Revenue Exit C$0.1100 C$0.1900 C$0.3000 39
5Y EBITDA Exit C$0.2100 C$0.4200 C$0.6900 41
5Y P/E Exit C$0.1000 C$0.1700 C$0.2500 38
10Y Revenue Exit C$0.1100 C$0.1800 C$0.3000 36
10Y EBITDA Exit C$0.1700 C$0.3300 C$0.6000 37
10Y P/E Exit C$0.1100 C$0.1700 C$0.2600 35
Earnings-Based
Graham-Dodd C$0.0400 C$0.2600 C$0.3600 54
Lynch FV C$0.0700 C$0.1100 C$0.1400 50
PEG = 1.0 C$0.0700 C$0.1100 C$0.1400 46
EPV C$0.2000 C$0.2200 C$0.2400 59
Multiples
P/E Multiple C$0.0800 C$0.1100 C$0.1400 63
P/S Multiple C$0.0800 C$0.1100 C$0.1400 58
P/B Multiple C$0.0800 C$0.1100 C$0.1400 55
EV/EBIT C$0.3600 C$0.4700 C$0.5900 53
EV/EBITDA C$0.2900 C$0.3800 C$0.4800 54
EV/Revenue C$0.1000 C$0.1400 C$0.1800 43
Asset-Based
NCAV (Graham) C$0.0700 C$0.1000 C$0.1400 50
Growth DCF
Growth DCF C$0.1200 C$0.1900 C$0.2900 72
Rev-Margin DCF C$0.1100 C$0.1800 C$0.2900 67
Economic Profit
Residual Income C$0.1000 C$0.0900 C$0.0800 76
ROIC Compounder C$0.2200 C$0.2800 C$0.3500 67
Growth Earnings
Growth-Adj P/E C$0.1000 C$0.1400 C$0.1800 68

Widest divergence: DCF Models (C$0.1900) versus Economic Profit (C$0.0900). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) C$93.3M
Revenue growth (YoY) +20.9%
Net margin 7.1%
Return on equity 9.1%
Free cash flow C$11.3M FY2025
P/E ratio 12.0
More key figures
Operating margin 55.0%
EPS (TTM) C$0.0100
EPS growth (YoY) -3.1%
Net debt C$26.0M FY2025

Figures from reported company fundamentals · as of Jul 31, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 45/100

Of which business quality 48 · Market factors (momentum, volatility) 9

Profitability 26
Margins and returns on capital today
Quality Growth 38
Are margins and returns improving?
Cashflow 65
Earnings quality: real cash, not paper profit
Fin. Strength 60
Balance sheet, leverage, solvency risk
Investment 0
Disciplined investing over empire-building
Low Volatility 14
Calm price path (market factor)
Momentum 8
Price trend over the last 3–12 months (market factor)
52W Momentum 5
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

Majestic Gold Corp., a mining company, focuses on exploration, development, and operation of mining properties in China. The company primarily explores for gold ores. The company was incorporated in 1986 and is headquartered in Surrey, Canada.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Majestic Gold Corp reported revenue of C$89.3M in FY2025 versus C$38.4M in FY2021, a compound +23.4%/yr. Reported net income was C$6.7M in FY2025, compounding −3.3%/yr from FY2021.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
C$89.3M
Latest YoY
+25.8%
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.
+12.0%
Avg. 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.
+11.3%
Avg. growth/yr (15Y) 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.
+20.4%
Revenue +23.4%/yr
FY21 C$38.4M
FY22 C$63.5M
FY23 C$55.0M
FY24 C$71.0M
FY25 C$89.3M
Net income −3.3%/yr
FY21 C$7.7M
FY22 C$17.4M
FY23 C$7.6M
FY24 C$9.9M
FY25 C$6.7M

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Cite: Fair Value Calculator (2026). "Majestic Gold Corp Fair Value". https://www.fairvalue-calculator.com/stock/MJS

Peer Group

Gold · 259 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 45 · Above median
Fair Value upside +5% · Top 25%
Return on equity (TTM) 9% · Above median
Return on assets 8% · Above median
Net margin (TTM) 7% · Above median
Operating margin (TTM) 55% · Top 25%
Revenue growth 21% · Below median
Dividend yield (TTM) 0.0% · Bottom 25%

Valuation Multiples vs Gold median · lower = cheaper

P/E (TTM) 12.0× · Pricier than median
P/B 0.60× · Cheaper than 75% of peers
P/S (TTM) 0.96× · Cheaper than 75% of peers
P/FCF 7.9× · Cheaper than median
EV/EBITDA 1.6× · Cheaper than 75% of peers

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 40 · sector 0
FUTURE 100 · sector 100
PAST 36 · sector 0
HEALTH 0 · sector 98
DIVIDEND 0 · sector 24

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 Gold stocks, each showing price versus our Fair Value estimate (as of Jul 31, 2026).

Stock Price Fair Value vs Fair Value
Newmont Corporation NEMCL $112.00 $132.73 +19%
Zijin Mining Group 601899 ¥28.36 ¥30.58 +8%
Agnico Eagle Mines Limited AEM C$191.93 C$154.33 -20%
Barrick Mining Corporation B $34.93 $50.66 +45%
Wheaton Precious Metals Corp WPM C$152.57 C$52.47 -66%
Franco-Nevada Corporation FNV C$284.75 C$97.76 -66%
AngloGold Ashanti plc AU $76.35 $88.63 +16%
Gold Fields Limited GFI $33.33 $59.06 +77%
Kinross Gold Corporation KGC $22.57 $34.62 +53%
Northern Star Resources Limited NST A$20.48 A$15.98 -22%

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Frequently asked questions

Is Majestic Gold Corp (MJS) overvalued or undervalued?
As of Jul 31, 2026, our model estimates a fair value of C$0.1080 versus a price of C$0.1050, about +3% (fairly valued).
What is the fair value of MJS?
Our model-based fair value for Majestic Gold Corp is C$0.1080 (as of Jul 31, 2026), built from audited fundamentals. The current price is C$0.1050.
What is the quality score of MJS?
Majestic Gold Corp has a Quality Score of 45/100. 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 Majestic Gold Corp (MJS)?
Majestic Gold Corp reported trailing-twelve-month revenue of about C$93.3M (latest available figure, as of Jul 31, 2026).
What is the net profit margin of MJS?
The net profit margin of Majestic Gold Corp is about 7.1%, meaning it keeps roughly 7.1% 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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