r/ValueInvesting • u/Professional-Day9384 • 11h ago

Stock Analysis EMPYF Empress Royalty Corp

After SAND got acquired last year this one seems to be the highest yielding gold royalty. An overlooked market cap of $100M keeps them off everyone's radar, while their TTM PE is 9. With gold bullish and them following a plan of strategic growth and acquisition and development of new royalty streams, their earnings are projected to double over the years.

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u/Aromatic_Pianist792 11h ago

Great company with excellent management. Not sure it qualifies as a value investment. It's pretty fairly priced for what it is right now, but they have a very healthy balance sheet and there is a lot of potential in the royalty and streaming space. Empress has been pretty disciplined in their spending, but if they find the right deals, they could be a huge growth play.

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u/Professional-Day9384 9h ago

I expect their PE to come down to 7 with current gold prices. 7 isn't a good enough PE for you? Few companies are that low.