Stock fact sheet · data as of
Agnico Eagle Mines Limited (AEM): fair value, margin of safety and Wheel Score
Ticker symbol AEM · Basic Materials · Gold · Canada · Growth
Is AEM undervalued?
At 183.45 (close of 5 Nov 2026), AEM trades 17% under the GLS average fair value of 221.66. 4 of the 9 models that produced a value land above the price. A discount of this size counts as a positive margin of safety in every GLS scan; whether it is enough depends on the rest of the picture - the health score, the moat and the option premium below.
There is a wide gap between Lynch (11.84) and GLS Growth (738.88). When the models are this far apart the "fair value" is really a range, and the margin of safety above should be read with that range in mind.
Ranked against every other company we cover, AEM is clearly faster-growing than it is cheap, so the nightly engine files it under Growth (value score 42, growth score 88, out of 100).
Nine valuation models for AEM
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 196.96 | +7% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 125.88 | -31% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 123.47 | -33% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 11.84 | -94% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 738.88 | +303% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 317.08 | +73% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 321.01 | +75% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 25.75 | -86% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 134.10 | -27% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -9.37 | -105% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 216.17 | +18% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Agnico Eagle Mines Limited scores 6 of 9 on the Piotroski F-score: a middling result that passes the "Piotroski 6 or more" Wheel Trade Filter. Some of the nine tests on profitability, leverage and efficiency are failed, so the accounts are worth a look before selling a put on the name. A GLS Moat score of 4.9/10 is a weak reading: the accounts do not show returns and margins that competitors have been unable to wear down, so the Moat part of the Wheel Score contributes little.
Returns on capital are high - ROIC 17.8%, ROE 18.0%, ROA 12.9% - with debt at 0.01 times equity and a free-cash-flow yield of 4.4%.
The dividend yield is 0.95% with a payout ratio of 13% - a small yield that leaves most of the earnings in the business. Revenue comes mainly from Gold 92%, Silver 6%, Copper 1% (fiscal year FY2013).
Institutional ownership scores 8/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 6 / 9 | ROIC | 17.8% |
|---|---|---|---|
| GLS Moat | 4.9 / 10 | ROE | 18.0% |
| Debt / equity | 0.01 | ROA | 12.9% |
| Free-cash-flow yield | 4.4% | Payout ratio | 13% |
| Institutions | 8 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 82: Good
With a Wheel Score of 82 - the Good band - Agnico Eagle Mines Limited passes all 9 Wheel Trade Filters. How it ranks: value fair, premium strong, moat fair, health good, red flags strong, option trading strong, stability strong. Moat (fair) is the part keeping it out of the Prime band.
Implied volatility is 45% on the near-the-money contracts 20-60 days out - inside the 35-60% sweet spot the Wheel Score rewards most: enough premium to be worth selling, not so much that the risk is unpaid. The option chain is deep: 67,289 contracts of open interest across all expiries, which means tight fills at most strikes.
Volume runs at 3.3M shares a day on a market cap of $92.7B, with a beta of 0.67 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score rates that strong.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Passes | Listed options with 1,000+ contracts of open interest and 100+ traded a day |
| 2 | A real business, not a gamble | Passes | Profitable over the last twelve months - not a speculative stock, fund or note |
| 3 | Below fair value | Passes | Trading below the nine-model average fair value (margin of safety above 0) |
| 4 | Financially healthy | Passes | Piotroski F-score 6 or more out of 9 (a company with no score on file passes) |
| 5 | Can repay its debt | Passes | Long-term debt repaid from 3 years of operating cash flow or less (6 for real estate and utilities; banks and insurers are not judged on it) |
| 6 | No serious red flags | Passes | Red Flags score 60 or more out of 100 (earnings, margins, debt, analysts, filings and price checked the same way for every stock) |
| 7 | A premium worth selling | Passes | Implied volatility 25-80% (enough premium, not a lottery ticket) |
| 8 | Big enough | Passes | Market cap $1 billion or more |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Fair | 17% below fair value | |
| Premium | Strong | implied volatility 45% | |
| Moat | Fair | moat 4.9/10 | |
| Health | Good | Piotroski 6/9 | |
| Red Flags | Strong | Red Flags score 92/100 | |
| Option trading | Strong | 5,783 contracts a day, 67,289 open interest | |
| Stability | Strong | beta 0.67, $92.7B company |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.
Upcoming events
No upcoming earnings date is recorded for AEM in the nightly calendar. The shares go ex-dividend on 1 Dec 2026 (0.4500 per share), so a covered call sold before then carries a small early-assignment risk around that date.
No analyst upgrades or downgrades were recorded in the last 30 days.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Gold
The 12 companies below are the closest to Agnico Eagle Mines Limited by market cap within the Gold industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| NEM Newmont Corporation | 118.11 | 181.07 | +35% | 91Prime | $122.7B |
| B Barrick Mining Corporation | 40.13 | 78.87 | +49% | 91Prime | $66.0B |
| WPM Wheaton Precious Metals Corp. | 131.50 | 81.20 | -62% | 41Weak | $59.7B |
| FNV Franco-Nevada Corporation | 242.14 | 99.72 | -143% | 44Weak | $46.7B |
| AU AngloGold Ashanti Plc | 87.95 | 173.18 | +49% | 86Prime | $44.5B |
| GFI Gold Fields Limited | 36.75 | 95.99 | +62% | 55Fair | $33.0B |
| KGC Kinross Gold Corporation | 21.42 | 50.99 | +58% | 87Prime | $25.4B |
| RGLD Royal Gold, Inc. | 246.08 | 246.80 | +0% | 37Weak | $20.9B |
| PAAS Pan American Silver Corp. | 41.49 | 64.66 | +36% | 82Good | $17.2B |
| CDE Coeur Mining, Inc. | 14.58 | 29.40 | +50% | 48Weak | $15.1B |
| EQX Equinox Gold Corp. | 11.28 | 19.95 | +43% | 80Good | $13.2B |
| AGI Alamos Gold Inc. | 30.00 | 55.98 | +46% | 83Good | $12.6B |
Scan the whole market the same way
A free GLS Equity account gets you nightly fair value and the Wheel Score on ~7,400 US stocks, a watchlist, the scanner preview and the Sunday Scan - the top 10 stocks that pass all 9 Wheel Trade Filters, emailed every week. Pro adds the full put and call scanners, unlimited watchlists with alerts and the trade journal.
Start free See the Sunday ScanQuestions about AEM
Is AEM undervalued right now?
By the GLS models, moderately: at 183.45 the stock trades 17% below the average fair value of 221.66 (data as of 5 Nov 2026).
What is the Wheel Score of AEM and what does it mean?
AEM scores 82 out of 100 (Good). The Wheel Score ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned - in two parts: the 9 pass/fail Wheel Trade Filters (busy options, a real business, below fair value, Piotroski 6 or more, debt it can repay, a Red Flags score of 60 or more, implied volatility of 25-80%, a $1 billion company, $5 a share) and a ranking of how strongly a stock passes on value, premium, moat, health, red flags, option trading and stability. A stock that fails any filter stays under 70; 70-84 is Good, 85 and above is Prime. The Sunday Scan is the top 10 that pass, sorted by Wheel Score.
What is the GLS fair value for AEM?
221.66 per share as of 5 Nov 2026 - the simple average of the 9 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Agnico Eagle Mines Limited report earnings next?
No upcoming earnings date is recorded for AEM in our calendar as of 5 Nov 2026; the Calendars page is refreshed every morning.
Does AEM have listed options, and how liquid are they?
Yes. The nightly snapshot found 492 listed contracts with 67,289 open interest across all expiries and implied volatility of 45% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.