# Dundee Precious Metals Inc. (DPM.TO) fundamentals

Data as of 2026-09-08. TSX, Canada. Sector: Basic Materials / Metals & Mining. Price C$60.96, market value C$13.4 billion.

## Valuation
- **P/E (trailing): 14.2×** (5-yr avg 15.7×, 3-yr avg 13.2×). Dundee Precious Metals Inc. trades at 14.2× trailing earnings, close to its own five-year average of 15.7×. The Basic Materials median in the September 2026 study was 19.0×. Forward P/E is 10.4×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.20**. A PEG of 0.20 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 7.8×**. Each dollar of revenue is priced at 7.8×.
- **Price / book: 3.4×**. The shares trade at 3.4× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 10.8×**. Enterprise value is 10.8× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 7.7%** (5-yr avg 11.8%). Free cash flow equals 7.7% of the market value, below its five-year average of 11.8%, so the shares are pricier on cash than usual. Above 5% is generally attractive.
- **Earnings yield: 7.0%**. The inverse of the P/E: 7.0% of the price is earned each year.

## Profitability
- **Gross margin: 65.3%**. Dundee Precious Metals Inc. keeps 65.3% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 54.8%**. 54.8% of revenue is left after running the business, an exceptional level.
- **Net margin: 38.8%**. 38.8% of each dollar of sales reaches the bottom line.
- **Return on equity: 14.4%**. 14.4% on shareholders' equity is solid.
- **Return on invested capital: 28.8%**. Return on all capital, debt included, is 28.8%: comfortably above what that capital costs.
- **Return on assets: 21.1%**. Each dollar of assets produces 21.1% of profit.

## Growth
- **Revenue growth (1 yr): 67.8%** (3-yr 31.0%/yr, 5-yr 8.4%/yr). Revenue grew 67.8% over the last year, against 8.4% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): 53.1%** (3-yr 118.8%/yr, 5-yr 13.2%/yr). Earnings per share rose 53.1%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): 50.8%/yr**. Free cash flow has compounded at 50.8% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Debt to equity: 0.00**. Debt is 0.00 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. Dundee Precious Metals Inc. holds more cash than debt.
- **Interest coverage: 127.9×**. Operating profit covers interest 127.9× over, a safe margin.
- **Current ratio: 3.58** (quick 3.34). Current assets cover the next year's liabilities 3.58 times.
- **Altman Z-score: 17.92**. A Z-score of 17.92 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 0.37%** (C$0.22 per share, trailing). Dundee Precious Metals Inc. yields 0.37%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 8%** (4% of free cash flow). 8% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 6**. 6 straight years of increases.
- **Dividend growth (5 yr): 13.2%/yr** (1-yr 1.4%). The dividend has compounded at 13.2% a year over five years, doubling roughly every 5 years at that pace.
- **Shareholder yield: 1.1%**. Dividends plus net buybacks return 1.1% of the market value a year.

## Price and momentum
- **Total return (1 yr): 129.9%** (YTD 44.1%, 3-mo 37.3%). The shares are up 129.9% over twelve months including dividends.
- **From 52-week high: -16.0%** (119.9% above the low). Trading 16% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 50**. An RSI of 50 is neutral.
- **Beta (1 yr): 2.80** (volatility 53%). Beta of 2.80 against the S&P/TSX Composite: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=DPM.TO · Page: https://foliofundamentals.com/stocks/dpm.to

Not investment advice.
