
Triple Flag Precious Metals TFPM
39.50 USD (+31.1%)
4 analysts
What does it do?
Triple Flag Precious Metals Corp is a Canadian precious metals (gold and silver) royalty and streaming company that finances miners in exchange for a percentage of their future production, generating revenue without assuming the operational costs of the mines.
Key points
from its scores- ✓Very solid balance sheet8.8
- ✓Favourable backdrop8.8
- ✓Strong growth7.2
- ✕Little or no dividend3.7
- ✕Demanding valuation4.1
AI analysis
bottom line, main risk, context and newsThe company is high quality, but the macro environment of rising rates and a strong dollar pressures the gold price, its main revenue driver. Wait for a better entry point or stabilization in the metal's price.
Triple Flag presents a very solid balance sheet (ND/EBITDA of 0.53) and exceptional margins (65.10%), but its valuation (P/E 15.14, EV/EBITDA 17.00) and growth (172.20%) are highly tied to the gold price, which faces a rising rate and strong dollar environment, justifying a negative adjustment in valuation and growth.
The high sensitivity of its revenue and valuation to the gold price, which is currently under pressure from rising interest rates and a strong US dollar.
Context and risks
The company is a precious metals (gold and silver) producer domiciled in Canada. The context of rising interest rates and a strong US dollar pressures the gold price, directly affecting its revenue and valuation. Additionally, its long-duration profile (forward P/E of 19.89) makes it sensitive to the rise in long-term rates.
Is Triple Flag Precious Metals stock cheap or expensive?
at the analysis dateOn P/E and EV / EBITDA, it trades 25% above the Basic Materials median on average.
| Multiple | Company | Sector | Difference |
|---|---|---|---|
| P/E | 15.1 | 19.2 | −21% |
| EV / EBITDA | 17.0 | 10.0 | +70% |
| Price / book | 2.7 | 2.3 | +20% |
| Price / sales | 12.7 | 2.2 | +478% |
Sector: median of the 141 Basic Materials companies analysed. In bold, the multiples used for the comparison.
Valuation score: 4.1 out of 10 (median for Basic Materials: 5.8).
Average analyst target: 39.50 USD, +31.1% versus the price.
A premium can be justified if the company is of higher quality or grows faster than its sector: Quality / Moat 5.9 (sector 5.1), Growth 7.2 (sector 6.8).
Classic formulas with standard assumptions (0.0% growth, 8-9% discount rate). Indicative only: they change a lot with the assumptions and are not a recommendation.
Work out its fair value yourself →How much would you have made investing every month? →
Comparing it with its sector does not say whether it is a good buy: this is not investment advice.
Score by category
0 to 10 · hover overtap each one to see what it measuresKey metrics
at the analysis date · compared with the Basic Materials medianValuation
- P/E
- 15.1
- Forward P/E
- 19.9
- EV / EBITDA
- 17.0
- Price / book
- 2.7
- Price / sales
- 12.7
- PEG
- 0.57
- Market cap
- 6.2B USD
- Enterprise value
- 6.4B USD
Profitability
- ROE
- 20.1%
- ROA
- 8.5%
- ROIC (approx.)
- 12.6%
- Gross margin
- 85.8%
- Operating margin
- 65.1%
- Net margin
- 84.3%
- Free cash flow
- −395.4M USD
- FCF yield
- −6.4%
- Cash conversion
- −105%
Solvency
- Total debt
- 236.2M USD
- Net debt
- 201.1M USD
- Cash
- 35.1M USD
- EBITDA
- 376.8M USD
- Net debt / EBITDA
- 0.53
- Debt / equity
- 10.35
- Current ratio
- 3.67
- Quick ratio
- 1.89
Growth
- Revenue growth
- +37.3%
- Earnings growth
- +172.2%
- EPS (TTM)
- 1.99 USD
- EPS (forward)
- 1.51 USD
Dividend
- Dividend yield
- 0.8%
- Payout
- 11.6%
Risk and market
- Beta
- 0.31
- Analyst consensus
- Buy (4)
- Target price
- 39.50 USD
- 52-week range
- 26.61 – 41.70
Recent news
All TFPM news →Compare it with its sector
All 141 in Basic Materials →Frequently asked questions about Triple Flag Precious Metals
Is Triple Flag Precious Metals stock cheap or expensive?
On P/E and EV / EBITDA, it trades 25% above the Basic Materials median on average. Valuation score: 4.1 out of 10 (median for Basic Materials: 5.8). Average analyst target: 39.50 USD, +31.1% versus the price. This is not investment advice.
What score does Triple Flag Precious Metals get on MeridIAn Screener?
It scores 6.2 out of 10, rank 847 of 2,130 (better than 60% of the companies analysed). Its strongest category is Financial health (8.8) and its weakest, Dividend (3.7). Analysis of 08/10/2026.
What is Triple Flag Precious Metals's P/E ratio?
Its P/E is 15.1: the share price equals 15.1 times earnings per share over the last 12 months. The Basic Materials median is 19.2. Based on the earnings analysts expect, the forward P/E is 19.9.
How much is Triple Flag Precious Metals worth on the stock market?
Its market capitalisation is 6.2B USD and its enterprise value, debt included, is 6.4B USD.
How much debt does Triple Flag Precious Metals have?
Its net debt (debt minus cash) is 201.1M USD. That is 0.53 times its EBITDA; the Basic Materials median is 1.41.
Does Triple Flag Precious Metals pay a dividend?
Yes: its dividend yield is 0.80% and it pays out 12% of its earnings.
How has Triple Flag Precious Metals stock performed over the last year?
It has risen 0.9% over the last year, excluding dividends. Over the last 52 weeks it has traded between 26.61 and 41.70 USD. Past performance does not guarantee future results.
What do analysts think of Triple Flag Precious Metals?
4 analysts cover it; their average recommendation is “Buy” and their average target is 39.50 USD (+31.1% versus the price). It is an estimate, not market data.
