Wondering if Uranium Energy is still a smart buy after its massive run, or if the easy money has already been made? This breakdown will help you decide if the current price still makes sense.
The stock has surged 16.1% over the last week, 11.9% over the past month, and is now up 79.1% year to date, building on a huge 70.4% gain over the last year and an eye catching 753.1% rise over five years.
These moves have come as uranium prices stay elevated and geopolitical tensions keep nuclear fuel security in the spotlight, drawing more institutional attention to producers and developers. Uranium Energy has also been active in expanding its resource base and advancing U.S. focused projects, which has helped fuel a narrative of long term strategic importance rather than just a short term commodity trade.
Despite all that excitement, Uranium Energy only scores 1 out of 6 on our valuation checks. In this article we will unpack what traditional valuation methods say, where they may fall short for a cyclical, growth driven uranium play, and introduce a more nuanced way to think about what this stock might be worth by the end of the article.
Uranium Energy scores just 1/6 on our valuation checks. See what other red flags we found in the full valuation breakdown.
The Discounted Cash Flow model estimates what a company is worth by projecting its future cash flows and discounting them back to today in $ terms. For Uranium Energy, this 2 stage Free Cash Flow to Equity model starts from a last twelve month free cash outflow of about $67.3 Million, then uses analyst forecasts for the next few years before extrapolating further out.
Analysts see free cash flow turning positive and ramping up to around $86.7 Million by 2028. Beyond that, Simply Wall St extends those projections, with free cash flow rising to roughly $378.0 Million by 2035 as projects mature and scale. All of those future cash flows are discounted back to today to arrive at an estimated intrinsic value of $13.57 per share.
With the DCF suggesting Uranium Energy is about 0.6% above its fair value, the model implies the stock is basically trading in line with its projected cash generating potential rather than at a clear bargain or obvious bubble level.
Result: ABOUT RIGHT
Uranium Energy is fairly valued according to our Discounted Cash Flow (DCF), but this can change at a moment’s notice. Track the value in your watchlist or portfolio and be alerted on when to act.
UEC Discounted Cash Flow as at Dec 2025
Head to the Valuation section of our Company Report for more details on how we arrive at this Fair Value for Uranium Energy.
For asset heavy resource companies, the price to book ratio is often a useful yardstick because it compares the market value of the equity to the net assets on the balance sheet, including mines, plants and reserves. In general, the higher the expected growth and the lower the perceived risk, the more investors are willing to pay above book value, so a higher price to book multiple can be justified.
Uranium Energy currently trades at about 6.70x book value, which is well above the broader Oil and Gas industry average of around 1.45x and also richer than its peer group at roughly 4.31x. Simply Wall St goes a step further with its Fair Ratio, a proprietary estimate of what a reasonable price to book multiple should be after factoring in the company s growth outlook, profitability profile, risk characteristics, industry and size. This tends to be more informative than simple peer or industry comparisons, which ignore whether a company is genuinely higher quality or just more expensive. On this framework, Uranium Energy screens as clearly more expensive than its Fair Ratio, pointing to a stock that is pricing in a lot of good news already.
Result: OVERVALUED
NYSEAM:UEC PB Ratio as at Dec 2025
PB ratios tell one story, but what if the real opportunity lies elsewhere? Discover 1453 companies where insiders are betting big on explosive growth.
Earlier we mentioned that there is an even better way to understand valuation, so let us introduce you to Narratives, a simple way to attach your own story about a company to the numbers behind its future. A Narrative is your view of how a business will grow, how profitable it can become, and what risks it faces, translated into assumptions for future revenue, earnings and margins that lead to a fair value estimate. This connects three pieces together: the company’s story, a structured financial forecast, and a clear fair value that you can compare to today’s share price to decide whether to buy, hold or sell. Narratives are available on Simply Wall St’s Community page, where millions of investors share and refine these story driven valuations, and they update dynamically when fresh news, earnings or guidance changes the outlook. For Uranium Energy, for example, one investor might have a very optimistic Narrative with a high fair value while another is far more cautious and assigns a much lower fair value, and you can see both side by side to decide which story you believe.
Do you think there’s more to the story for Uranium Energy? Head over to our Community to see what others are saying!
NYSEAM:UEC 1-Year Stock Price Chart
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include UEC.
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