From Briefing. Com re RGLD
RGLD Royal Gold shares appear "wildly overvalued" -- Barron's (19.45)
Barron's suggests that stock's 600% run in price over the past two years has left valuation stretched. Article focuses on metrics such as Price/Sales (30x trailing), earnings (65x), Price/Book (5.6x) and EBITDA (50x). "Indeed, giving the company the benefit of almost every doubt and making quite generous assumptions, the intrinsic value of Royal Gold is perhaps less than a third its current market price." Based on cash flow assumptions, Barron's arrives at a value for the stock of $9.
