Market Pulse50Neutral

Coeur Mining, Inc.Opportunity Rank #38(CDE) Intrinsic Value & DCF Analysis (2026)

Current Price

$17.88

Last updated: Mar 24, 2026

Price vs Intrinsic Value

$17.88
Price
$26.51
Intrinsic Value
Undervalued by 48%MOS: $21.21

Fundamental Score

78/100
Bullish

Weighted across 6 signals

Narrative Score

58/100
Improving

No change vs previous

The intrinsic value of Coeur Mining, Inc. (CDE) is estimated at $26.51 per share based on a 10-year discounted cash flow (DCF) analysis. At the current price of $17.88, the stock appears undervalued relative to its projected cash flow fundamentals. This estimate assumes a 4.12% long-term growth rate and a 9.58% discount rate, reflecting expected future free cash flow and cost of capital.

The intrinsic value of Coeur Mining, Inc. (CDE) is estimated at $26.51 per share based on a 10-year discounted cash flow (DCF) analysis. At the current price of $17.88, the stock appears undervalued relative to its projected cash flow fundamentals. This estimate assumes a 4.12% long-term growth rate and a 9.58% discount rate, reflecting expected future free cash flow and cost of capital.

Valuation Details

$26.51
48.31% upside
20% margin of safety: $21.21
Years: 10Growth Rate: 4.12%
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Capital Efficiency

Average Quarterly ROIC
4.98%
Cost of Capital (estimated)8%
Value StatusUnderperforming Capital

The company is earning below its required return. This may indicate inefficient use of capital or excess cash that isn't being reinvested.

Complete historical ROIC is available with
.

Fundamental Details

78/100
BullishWeighted across 6 signals
DCF Discount
48.3% discount to price
100
FCF Yield
9.7% trailing FCF yield
100
ROIC vs WACC
ROIC 5.0% vs WACC 8.0% (0.6x)
31
Net Debt / FCF
Net cash position
100
Buybacks
Share count flat
50
FCF CAGR (5Y)
34.9% 5Y FCF CAGR
100
Strengths: DCF Discount, FCF Yield. Concerns: ROIC vs WACC.

Narrative Details

58/100
Improving
Vs 6-Month Baseline:High (95th pct)Weighted across 6 recent drivers
Trend: Improving upConfidence: 93%Updated: 1h ago
Sources: 59 (57 News · 2 Analyst)
Drivers(last 30 days)
48 news sentiment+1.0
5 regulatory scrutiny-0.2
Analyst downgrades-0.0
Upgrade headlines+0.0
Downgrade headlines-0.0
Legal risk+0.0

Investment Coach

Updated 16h ago
BUYConfidence: 65%
Thesis
Coeur Mining, Inc. is undervalued with an estimated fair value 39.4% above its current price, supported by a strong fundamental score of 78 and a healthy free cash flow yield of 9.7%. Despite trailing its cost of capital, the company's improving narrative and robust cash flow growth suggest potential for upside.
Key Risk
The key risk is the negative spread between ROIC and WACC, indicating returns currently do not cover the cost of capital.
Signals To Watch
  • Monitor whether valuation discount remains above 10%.
  • Track ROIC vs WACC spread for sustained improvement.
  • Follow narrative trend for meaningful shifts in the score direction.
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Historical Growth Rates
Free Cash Flow- - -Trend CAGR: 4.12%5 Year CAGR: 21.40%

Free Cash Flow (in millions)

TTM20252024202320222021202020192018201720162015201420132012201120102009200820072006
$1,108$1,108$357$432$378$420$248$192$158$345$227$209$117$214$387$536$322$284$358$257$239

How Intrinziq Estimates Fair Value

Intrinziq estimates Coeur Mining, Inc.'s intrinsic value using a discounted cash flow (DCF) model based on free cash flow trends and a market-based discount rate. The model projects future cash flows over ten years and discounts them using a market return assumption to estimate fair value.

Coeur Mining, Inc.Basic Materials

Coeur Mining, Inc. explores for precious metals in the United States, Canada, and Mexico. The company primarily explores for gold, silver, zinc, and lead properties. It holds 100% interests in the Palmarejo gold and silver mine covering an area of approximately 67,296 net acres located in the State of Chihuahua in Northern Mexico; the Rochester silver and gold mine that covers an area of approximately 43,441net acres situated in northwestern Nevada; the Kensington gold mine comprising 3,972 net acres located to the north of Juneau, Alaska; the Wharf gold mine covering an area of approximately 3,243 net acres situated in the northern Black Hills of western South Dakota; and the Silvertip silver-zinc-lead mine comprising 97,298 net acres located in northern British Columbia, Canada. In addition, the company owns interests in the Crown and Sterling projects located in southern Nevada; and the La Preciosa project located in Mexico. Further, it markets and sells its concentrates to third-party customers, smelters, under off-take agreements. The company was formerly known as Coeur d'Alene Mines Corporation and changed its name to Coeur Mining, Inc. in May 2013.Coeur Mining, Inc. was incorporated in 1928 and is headquartered in Chicago, Illinois.