Majestic Gold (TSXV:MJS) Intrinsic Value: Projected FCF: C$0.46 (As of Aug. 22, 2026) — 10% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Majestic Gold Intrinsic Value: Projected FCF?

Majestic Gold TSXV:MJS +5.00% Intrinsic Value: Projected FCF is C$0.46 as of Aug. 22, 2026, which is 100% below its 10-year median of 0.42. The stock has 6 warning signs investors should review. Among 650 Metals & Mining companies, Majestic Gold ranks better than 97.08% on this metric.

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2026-08-22), Majestic Gold's Intrinsic Value: Projected FCF is C$0.46. The stock price of Majestic Gold is C$0.105. Therefore, Majestic Gold's Price-to-Intrinsic-Value-Projected-FCF of today is 0.2.

The historical rank and industry rank for Majestic Gold's Intrinsic Value: Projected FCF or its related term are showing as below:

TSXV:MJS' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.17   Med: 0.42   Max: 3.5
Current: 0.23

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Majestic Gold was 3.50. The lowest was 0.17. And the median was 0.42.

TSXV:MJS's Price-to-Projected-FCF is ranked better than
97.08% of 650 companies
in the Metals & Mining industry
Industry Median: 2.37 vs TSXV:MJS: 0.23

Majestic Gold  (TSXV:MJS) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Majestic Gold's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=0.105/0.4624140506966
=0.23

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Majestic Gold Intrinsic Value: Projected FCF Related Terms


Majestic Gold Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for Majestic Gold's Intrinsic Value: Projected FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Majestic Gold Intrinsic Value: Projected FCF Chart

Majestic Gold Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.21 0.28 0.36 0.44

Majestic Gold Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Intrinsic Value: Projected FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.39 0.40 0.41 0.44 0.46

TSXV:MJS vs NEM, AU: Intrinsic Value: Projected FCF Comparison

For the Gold subindustry, Majestic Gold's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Majestic Gold Price-to-Projected-FCF vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Majestic Gold's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Majestic Gold's Price-to-Projected-FCF falls into.



Majestic Gold Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Majestic Gold's Free Cash Flow(6 year avg) = C$20.96.

Majestic Gold's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Mar26)*0.8)/Shares Outstanding (Diluted Average)
=(14.862653310476*20.9624+213.232*0.8)/1042.664
=0.46

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Intrinsic Value: Projected FCF of C$0.46 mean?
Majestic Gold (TSXV:MJS) has a Intrinsic Value: Projected FCF of C$0.46 as of Aug. 22, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Majestic Gold and its competitors. This is 10% above median its historical median of 0.42. Over the past decade, Majestic Gold's Intrinsic Value: Projected FCF has ranged from 0.17 to 3.50. According to the industry distribution chart, Majestic Gold ranks #19 out of 650 companies in the Metals & Mining industry, placing it in the top 2.9%.
Is Majestic Gold's Intrinsic Value: Projected FCF too high?
Majestic Gold's current Intrinsic Value: Projected FCF of C$0.46 is 10% above median its 10-year median of 0.42. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 3.50. Based on the distribution chart, Majestic Gold ranks #19 out of 650 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does Majestic Gold's Intrinsic Value: Projected FCF compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Majestic Gold ranks #19 out of 650 companies for Intrinsic Value: Projected FCF. This places Majestic Gold in the top 3% of its industry — outperforming the majority of peers. The industry median Intrinsic Value: Projected FCF is 2.37. Historically, Majestic Gold's own Intrinsic Value: Projected FCF has ranged from 0.17 to 3.50 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a Metals & Mining company?
The median Intrinsic Value: Projected FCF among Metals & Mining companies is 2.37, based on 650 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Majestic Gold and its competitors. For the Metals & Mining industry, the median Intrinsic Value: Projected FCF is 2.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Majestic Gold's current Intrinsic Value: Projected FCF is C$0.46, which is 10% above median its own 10-year median of 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Majestic Gold stock overvalued right now?
Based on GuruFocus' analysis, Majestic Gold (TSXV:MJS) is currently considered Modestly Undervalued. The stock's GF Value™ is C$0.14, compared to a current price of C$0.11 — trading 25% below its estimated fair value. The current Intrinsic Value: Projected FCF is C$0.46, which is 10% above median its 10-year median of 0.42. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Majestic Gold (TSXV:MJS), the current Intrinsic Value: Projected FCF is C$0.46 as of Aug. 22, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Majestic Gold Business Description

Other Exchanges MJGCF:USAMJT:Germany
Address 306 - 1688 152nd Street, Surrey, BC, CAN, V4A 4N2
Majestic Gold Corp is a gold mining company with mining operations in China, as well as exploration and evaluation properties held directly in China and Canada. Its key mineral property interests and mining operations are located in China, comprising the Songjiagou Gold Project, its flagship project, and the Mujin Gold Project. Additionally, it holds interests in the Sunset-Sunrise Mineral Property in Canada. Majestic Gold generates the majority of its revenue through the sales of gold bullion, and to a lesser extent, from the sales of sulfur.