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⚠️ Not investment advice. Past performance does not guarantee future results.
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Triple Flag Precious Metals TFPM

CanadaBasic Materials · Other Precious Metals & MiningUSD
6.2AI score
Rank 847 of 2,130
better than 60% of companies
30.13USD
▲ 0.9% in one year
TFPM MSCI World +22.1%
Average analyst target
39.50 USD (+31.1%)
4 analysts
52-wk low 26.61High 41.70
📈 Chart on TradingView ↗(affiliate link)Analysis of 08/10/2026

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 news
Bottom line

The 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.

⚠ Main risk

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 date
Pricier than its sector

On P/E and EV / EBITDA, it trades 25% above the Basic Materials median on average.

MultipleCompanySectorDifference
P/E15.119.2−21%
EV / EBITDA17.010.0+70%
Price / book2.72.3+20%
Price / sales12.72.2+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).

Indicative fair value · USD
Graham16.91▼ −44% vs price
Price30.13at the analysis date

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.

🛒 Where to buy TFPMCheapest · US (NYSE/Nasdaq) · sample 200.00 € orderCheapest · US (NYSE/Nasdaq) · sample 200.00 € orderAvailable in your country · US (NYSE/Nasdaq) · sample 200.00 € order
By the cost of that order: commission and FX, taxes excluded (public fee schedules). Brokers marked «affiliate» may pay Meridian a commission at no cost to you. This is not investment advice. · Compare all 22 brokers by real cost →

Score by category

0 to 10 · hover overtap each one to see what it measures
Financial healthiExcellent8.8Basic Materials median: 7.1
Quality / MoatiFair5.9Basic Materials median: 5.1
ValuationiWeak4.1Basic Materials median: 5.8
GrowthiGood7.2Basic Materials median: 6.8
DividendiWeak3.7Basic Materials median: 4.7
MomentumiWeak4.4Basic Materials median: 6.5
Risk & ContextiExcellent8.8Basic Materials median: 5.9
Basic Materials median7 or more 5 to 7 under 5

Key metrics

at the analysis date · compared with the Basic Materials median
P/Ei
15.1
Basic Materials: 19.2below
EV / EBITDAi
17.0
Basic Materials: 10.0above
ROEi
20.1%
Basic Materials: 11.3%above
Operating margini
65.1%
Basic Materials: 16.1%above
Net debt / EBITDAi
0.53
Basic Materials: 1.41below
Revenue growthi
+37.3%
Basic Materials: +9.7%above

Valuation

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

Compare it with its sector

All 141 in Basic Materials →
See the full ranking with filters →

Keep browsing the ranking

sorted by score, highest first

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.