Your EPS calculation is going to miss since it does not include interest, taxes or d&a (plus miners will very rarely trade on 15x eps).
If you are going to use a multiple pick EV/EBITDA or EV/FCF.
RSG trades on forward multiple of about 2.5x EV/EBITDA when most peers trade on 5x. A $1 share price would close this valuation gap but there are a few valid reasons for a discount (such as sovereign risk and cost of production). This flipside to this is that RSG is more levered to changes in USD gold (a $100 increase in gold boosts margin by 33%).
I think its a great buy with gold above $1200 USD.
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Last
64.8¢ |
Change
-0.008(1.15%) |
Mkt cap ! $1.373B | |||
| Open | High | Low | Value | Volume |
| 65.5¢ | 66.0¢ | 64.0¢ | $1.587M | 2.447M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 49 | 295188 | 64.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 65.0¢ | 271924 | 49 |
View Market Depth
| Last trade - 12.32pm 17/07/2025 (20 minute delay) ? |
| RSG (ASX) Chart |