COMPARE · Data as of August 21, 2026
AGI vs BTG
Verdict: Side-by-side breakdown using the Bull Rankings model. AGI scored 69.5, BTG scored 70.4 — BTG leads.
Compare another set
AGI
Alamos Gold Inc.
69.5
$36.69 · $15.4B
fundamentals as of
Score gap
0.9
BTG leads
BTG
B2Gold Corp
70.4
$5.38 · $7.1B
fundamentals as of
At a glance · who leads each dimension, on the model's own rules
- CheapestBTG9.6x
- Fastest growthBTG+60.9%
- Strongest balance sheetAGI0.05
- Highest qualityAGI84 / 100
- Largest discount to fair valueBTG-58%
Side by side · every name on one set of axes
Growth against the P/E multiple. Up and to the right is cheaper and faster — the quality-growth idea in one picture. Points beyond the axis are pinned to the edge and marked off-scale rather than allowed to compress everything else.
The model, pillar by pillar (0–100 each)
AGI
stronger →← stronger
BTG
84
Qualityreturns · margins · balance sheet
76
50
Growthrevenue & earnings expansion
50
80
Valuevaluation vs sector peers
92
AGI and BTG split the three pillars evenly.
Fundamentals, head-to-head
AGI
BTG
$288mC
FCF
$923mC+
+34.3%A
Rev
+60.9%A
0.05A-
D/E
0.11A-
13.2xA-
P/E
9.6xA
0.40A
PEG
0.10A
Winner per row is the stronger grade; where grades tie, the better figure breaks it. A true tie or a missing value shows no highlight.
Valuation · DCF cross-check
AGI
BTG
188% above
Price vs fair valuelower is cheaper
58% below
~44%/yr
Growth the price implies10-yr FCF · lower = less priced in
~-7%/yr
-73%
1-yr DCF upside
+82%
-65%
5-yr DCF upside
+137%
-49%
10-yr DCF upside
+247%
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
Model signals
AGI
Why this score
- Raising its dividend
- Cyclical growth
BTG
Why this score
- Cut its dividend
- Cyclical growth
The companies
AGIAlamos Gold Inc.
Why now
Gold · market cap $15.4b. Down 34% from 52-week high of $55.41 — deep drawdown territory. Revenue growing +34% — in hypergrowth territory. PEG 0.40 — paying under fair value for the growth rate. 4 sell-side analysts rate this a Strong Buy with a mean 1-yr target of $46.25 (implying +26% upside).
Moat
Net margin 49% is exceptional — pricing-power territory rare outside premium software, branded staples, and specialty pharma. ROE 20% sits above Buffett's preferred 15% threshold — the equity base is compounding at a rate the market struggles to discount accurately. Mining moat is reserve quality + extraction cost per unit — top-quartile cost producers generate cash through the commodity cycle while marginal producers burn it.
Risk
Down 34% from the 52-week high — the market is pricing in something the screen can't see; verify the bear case before sizing up. Reserve-replacement treadmill — every barrel or ounce extracted has to be replaced through exploration or acquisition; underspending on replacement reserves shows up in production declines 2-3 years out.
BTGB2Gold Corp
Why now
Gold · market cap $7.1b. 14% off the 52-week high of $6.29. Revenue growing +61% — in hypergrowth territory. PEG 0.10 — paying under fair value for the growth rate. 5 sell-side analysts rate this a Buy with a mean 1-yr target of $6.15 (implying +14% upside).
Moat
Net margin 21% sits well above the S&P median (~11%) — suggests structural pricing advantage or cost discipline competitors can't quickly close. ROE 12% meets the long-run market sustainable threshold — solid but not differentiated; the durability comes from elsewhere. Free cash flow runs well ahead of reported net income — non-cash charges (depreciation, intangible amortization) are holding down GAAP earnings while cash generation stays strong.
Risk
Hedge-book exposure — many commodity producers hedge forward production; if the hedge book is concentrated at prices well below spot, the upside the market expects is already locked away.
Verdict — model-derived comparison
BTG leads AGI by 0.9 points (70.4 to 69.5), its sharpest advantage coming in FCF (grade C+).
Our AI analyst is busy right now, so this verdict is drawn directly from the pillars, grades and DCF above.
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.
Where AGI and BTG diverge
On the headline score the gap is 0.9 points in favor of BTG. They get there differently, though — each leads on a different pillar, so the better pick depends on which you weight.
- ValueAGI 80.3 · BTG 92.1BTG +11.8
- QualityAGI 83.7 · BTG 75.6AGI +8.1
- GrowthAGI 50.0 · BTG 50.0level
Pillars run 0–100 against sector peers, so a score is a statement about a company relative to its own industry rather than to the other name here. A wide Value gap usually means the market already prices the difference in quality or growth — which is the trade-off this comparison comes down to.