CMCLCaledonia Mining Corporation Plc
Is the price fair?
Neither cheap nor expensive: nothing decisive, though at the top of its own P/E range.
Priced for ~14% a year FCF growth. Roughly in line with its three-year revenue growth of 15% a year.
Expensive vs its own history: P/E 24.4 vs a 8.4 median over 16 quarters (+192% vs median).
Where this answer is blind. The growth-implied estimate assumes a fixed discount rate; capital-heavy sectors look structurally rich on it.
What CMCL's price assumes
Caledonia Mining Corporation Plc trades at 24.4× earnings against 16.1× for the median Gold name, more expensive than its own group.
Trailing P/E · Gold median 16.1 · 1.51× the median: the market pays up for this one
- Price / sales
- 1.56
Price / sales · as of 2026-Q1
- Free cash flow yield
- 2.6%
Free cash flow yield · Gold median 5.1%
- Growth the price implies
- +14%
Growth the price implies · The price pays for +14% free cash flow growth a year for a decade; revenue has grown 15% a year over the last three.
Details›
- Price / bookas of 2026-Q1
- 1.60
- EV / EBITas of 2026-Q1
- 3.22
- EV / salesas of 2026-Q1
- 1.37
- Basic Materials median P/E202 names
- 20.6
- Gold median P/E37 names
- 16.1
- Free cash flow, trailing twelve months
- $14M
- Market capitalisation25.7 million shares, counted Dec 31, 2025
- $546M
- 3-year revenue growth
- +15%
| Method | Per share |
|---|---|
| What its own history would imply | not meaningful, 24.4× today against a 8.36× median |
| 52-week range | $16.83 – $32.65 |
| Today | $21.23 |
Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.
What is it worth?
Today's price against what its own multiples, its cash flow and your growth assumption say it is worth.