COMPARE · Data as of August 21, 2026
BTG vs CSTM
Verdict: Side-by-side breakdown using the Bull Rankings model. BTG scored 70.4, CSTM scored 59.1 — BTG leads.
Compare another set
Different reporting periods. CSTM's fundamentals are as of March 2026, but BTG's are as of December 2025 — a 3-month gap. Growth, margin and valuation figures below therefore describe different windows and aren't strictly like-for-like.
BTG
B2Gold Corp
70.4
$5.52 · $7.3B
fundamentals as of
Score gap
11.3
BTG leads
CSTM
Constellium SE
59.1
$27.04 · $3.7B
fundamentals as of
At a glance · who leads each dimension, on the model's own rules
- CheapestCSTM7.0x
- Fastest growthBTG+60.9%
- Strongest balance sheetBTG0.11
- Highest qualityBTG76 / 100
- Largest discount to fair valueBTG-57%
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)
BTG
stronger →← stronger
CSTM
76
Qualityreturns · margins · balance sheet
61
50
Growthrevenue & earnings expansion
42
92
Valuevaluation vs sector peers
80
BTG is stronger on 3 of 3 pillars.
Fundamentals, head-to-head
BTG
CSTM
$923mC+
FCF
$171mC
+60.9%A
Rev
+20.1%A-
0.11A-
D/E
1.53D
9.9xA
P/E
7.0xA
0.10A
PEG
0.40A
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
BTG
CSTM
57% below
Price vs fair valuelower is cheaper
153% above
~-6%/yr
Growth the price implies10-yr FCF · lower = less priced in
~23%/yr
+77%
1-yr DCF upside
-56%
+131%
5-yr DCF upside
-60%
+238%
10-yr DCF upside
-65%
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
Model signals
BTG
Why this score
- Cut its dividend
- Cyclical growth
CSTM
Why this score
- Buying back stock
The companies
BTGB2Gold Corp
Why now
Gold · market cap $7.3b. 12% 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 +11% 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.
CSTMConstellium SE
Why now
Aluminum · market cap $3.7b. Down 27% from 52-week high of $36.99 — deep drawdown territory. Revenue growing +20%, comfortably above the S&P median. PEG 0.40 — paying under fair value for the growth rate. 5 sell-side analysts publish a mean 1-yr target of $38.28 (implying +42% upside).
Moat
ROE 39% — top-decile capital efficiency. Either pricing leverage, low capital intensity, or aggressive buybacks; the durability story depends on which.
Risk
Beta 1.57 implies above-market volatility — position-size to the drawdowns this name will produce in a market correction, not to its bull-case return. Net margin 4.9% is thin — operating leverage cuts both ways; input-cost inflation or pricing pressure hits the bottom line first.
Verdict — model-derived comparison
Generating verdict… typically 5–10 seconds
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 BTG and CSTM diverge
On the headline score the gap is 11.3 points in favor of BTG. The widest single difference is Quality, where BTG leads by 14.8 points.
- QualityBTG 75.6 · CSTM 60.8BTG +14.8
- ValueBTG 92.1 · CSTM 80.2BTG +11.9
- GrowthBTG 50.0 · CSTM 42.4BTG +7.6
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.