Compañía de Minas Buenaventura S.A.A. stock: fair value
BVNThe fair value of Compañía de Minas Buenaventura S.A.A. under our model is $65.38, the price is 61% below.
The fair value is an estimate from our model, not a price target.
Daily figure as of 13 Nov 2026
Valuation signal
Significantly undervaluedIn our model the price counts as cheap below $46.70 and expensive above $108.97 (uncertainty high, based on the price swings of the past year).
The two parts of the fair value come to $56.15 (cash-flow model) and $74.61 (industry comparison), and the gap between them shows how uncertain the estimate is. The price is below both.
Calculated with a cost of equity of 9.7%. At 10.7% the fair value would be $60.90, at 8.7% it would be $71.73.
Where the number comes from
Half from the cash-flow model, half from earnings times the industry P/E (15.7).
Ten-year cash-flow model from smoothed free cash flow and its past growth until it reaches 3.8%. Discounted at 9.7% (government bond yield 3.8% plus beta 0.94 times a risk premium of 6.3%); no analyst estimates were available.
Calculate with your own assumptionsThe calculation step by step
With these figures the cash flow model arrives at $56.15 per share: free cash flow for the next ten years, each year discounted to today at 9.7%, plus the terminal value for the years after. The table explains the calculation; it is not a recommendation.
Calculation as a table
| Year | Free cash flow | Source | Discount factor | Present value (discounted at 9.7%) |
|---|---|---|---|---|
| 2026 | $353.6M | extrapolated at 53.8% | 0.9113 | $322.25M |
| 2027 | $490.81M | extrapolated at 38.8% | 0.8305 | $407.65M |
| 2028 | $629.78M | extrapolated at 28.3% | 0.7569 | $476.69M |
| 2029 | $761.83M | extrapolated at 21.0% | 0.6898 | $525.52M |
| 2030 | $882.41M | extrapolated at 15.8% | 0.6287 | $554.73M |
| 2031 | $990.3M | extrapolated at 12.2% | 0.5729 | $567.37M |
| 2032 | $1.09B | extrapolated at 9.7% | 0.5221 | $567.27M |
| 2033 | $1.17B | extrapolated at 7.9% | 0.4758 | $558.05M |
| 2034 | $1.25B | extrapolated at 6.7% | 0.4337 | $542.7M |
| 2035 | $1.32B | extrapolated at 5.9% | 0.3952 | $523.5M |
| Step | Value |
|---|---|
| Sum of present values (ten years) | $5.05B |
| Terminal value: cash flow 2035 × (1 + 3.8%) / (9.7% − 3.8%) | $23.32B |
| Present value of terminal value (× 0.3952) | $9.22B |
| Equity value (sum plus present value of terminal value) | $14.26B |
| Shares (diluted) | 253.99M |
| Value per share (equity value divided by shares) | $56.15 |
| Earnings per share, last twelve months | $4.76 |
| × 15.7 (industry P/E) | $74.61 |
| Fair value (average of both parts) | $65.38 |
The model uses free cash flow after interest, which belongs to shareholders, discounted at the cost of equity. Net debt is therefore not deducted again.
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 25 Sep 2026)
- Valuation signal Undervalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.