AGNICO EAGLE MINES LTD (AEM.CA) Stock Fundamental Analysis
Canada - TSX:AEM - CA0084741085 - Common Stock
230.15 CAD
+1.98 (+0.87%)
We assign a fundamental rating of 7 out of 10 to AEM. AEM was compared to 805 industry peers in the Metals & Mining industry. AEM gets an excellent profitability rating and is at the same time showing great financial health properties. AEM is valued quite cheap, while showing a decent growth score. This is a good combination! This makes AEM very considerable for value and quality investing!
1. Profitability
1.1 Basic Checks
In the past year AEM was profitable.
AEM had a positive operating cash flow in the past year.
AEM had positive earnings in each of the past 5 years.
AEM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 9.34%, AEM belongs to the best of the industry, outperforming 92.42% of the companies in the same industry.
AEM has a better Return On Equity (13.13%) than 93.17% of its industry peers.
The Return On Invested Capital of AEM (11.16%) is better than 95.65% of its industry peers.
The Average Return On Invested Capital over the past 3 years for AEM is significantly below the industry average of 12.09%.
The last Return On Invested Capital (11.16%) for AEM is above the 3 year average (5.95%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.34% | ||
| ROE | 13.13% | ||
| ROIC | 11.16% |
ROA(3y)5.31%
ROA(5y)5.35%
ROE(3y)7.74%
ROE(5y)8.32%
ROIC(3y)5.95%
ROIC(5y)6.64%
1.3 Margins
The Profit Margin of AEM (30.63%) is better than 96.77% of its industry peers.
AEM's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 46.34%, AEM belongs to the top of the industry, outperforming 98.63% of the companies in the same industry.
AEM's Operating Margin has improved in the last couple of years.
AEM has a better Gross Margin (68.09%) than 98.01% of its industry peers.
In the last couple of years the Gross Margin of AEM has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 46.34% | ||
| PM (TTM) | 30.63% | ||
| GM | 68.09% |
OM growth 3Y10.7%
OM growth 5Y15.25%
PM growth 3Y16.36%
PM growth 5Y3.82%
GM growth 3Y4.57%
GM growth 5Y4.67%
2. Health
2.1 Basic Checks
AEM has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for AEM has been increased compared to 1 year ago.
AEM has more shares outstanding than it did 5 years ago.
The debt/assets ratio for AEM has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 6.87 indicates that AEM is not in any danger for bankruptcy at the moment.
With a decent Altman-Z score value of 6.87, AEM is doing good in the industry, outperforming 62.48% of the companies in the same industry.
The Debt to FCF ratio of AEM is 0.24, which is an excellent value as it means it would take AEM, only 0.24 years of fcf income to pay off all of its debts.
AEM's Debt to FCF ratio of 0.24 is amongst the best of the industry. AEM outperforms 96.15% of its industry peers.
AEM has a Debt/Equity ratio of 0.03. This is a healthy value indicating a solid balance between debt and equity.
AEM has a Debt to Equity ratio of 0.03. This is comparable to the rest of the industry: AEM outperforms 42.11% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.24 | ||
| Altman-Z | 6.87 |
ROIC/WACC1.37
WACC8.17%
2.3 Liquidity
AEM has a Current Ratio of 2.03. This indicates that AEM is financially healthy and has no problem in meeting its short term obligations.
AEM has a Current ratio (2.03) which is in line with its industry peers.
A Quick Ratio of 1.16 indicates that AEM should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.16, AEM is in line with its industry, outperforming 44.84% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.03 | ||
| Quick Ratio | 1.16 |
3. Growth
3.1 Past
AEM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 106.69%, which is quite impressive.
The Earnings Per Share has been growing by 33.97% on average over the past years. This is a very strong growth
AEM shows a strong growth in Revenue. In the last year, the Revenue has grown by 32.28%.
AEM shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 27.13% yearly.
EPS 1Y (TTM)106.69%
EPS 3Y20.13%
EPS 5Y33.97%
EPS Q2Q%81.31%
Revenue 1Y (TTM)32.28%
Revenue growth 3Y28.89%
Revenue growth 5Y27.13%
Sales Q2Q%35.61%
3.2 Future
Based on estimates for the next years, AEM will show a decrease in Earnings Per Share. The EPS will decrease by -4.08% on average per year.
The Revenue is expected to decrease by -3.66% on average over the next years.
EPS Next Y74.89%
EPS Next 2Y37.12%
EPS Next 3Y19.2%
EPS Next 5Y-4.08%
Revenue Next Year33.75%
Revenue Next 2Y19.29%
Revenue Next 3Y9.7%
Revenue Next 5Y-3.66%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 27.96, the valuation of AEM can be described as expensive.
Based on the Price/Earnings ratio, AEM is valued cheaper than 89.81% of the companies in the same industry.
AEM is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.67, which is the current average of the S&P500 Index.
AEM is valuated rather expensively with a Price/Forward Earnings ratio of 20.63.
Compared to the rest of the industry, the Price/Forward Earnings ratio of AEM indicates a rather cheap valuation: AEM is cheaper than 89.19% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of AEM to the average of the S&P500 Index (23.33), we can say AEM is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.96 | ||
| Fwd PE | 20.63 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AEM is valued cheaply inside the industry as 92.55% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of AEM indicates a rather cheap valuation: AEM is cheaper than 93.91% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 29.39 | ||
| EV/EBITDA | 14.65 |
4.3 Compensation for Growth
AEM's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
AEM has an outstanding profitability rating, which may justify a higher PE ratio.
AEM's earnings are expected to grow with 19.20% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.37
PEG (5Y)0.82
EPS Next 2Y37.12%
EPS Next 3Y19.2%
5. Dividend
5.1 Amount
With a yearly dividend of 0.86%, AEM is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 12.79, AEM pays a better dividend. On top of this AEM pays more dividend than 96.77% of the companies listed in the same industry.
With a Dividend Yield of 0.86, AEM pays less dividend than the S&P500 average, which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.86% |
5.2 History
On average, the dividend of AEM grows each year by 24.77%, which is quite nice.
AEM has been paying a dividend for at least 10 years, so it has a reliable track record.
AEM has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)24.77%
Div Incr Years0
Div Non Decr Years11
5.3 Sustainability
AEM pays out 23.87% of its income as dividend. This is a sustainable payout ratio.
DP23.87%
EPS Next 2Y37.12%
EPS Next 3Y19.2%
TSX:AEM (10/23/2025, 7:00:00 PM)
230.15
+1.98 (+0.87%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners71.92%
Inst Owner ChangeN/A
Ins Owners0.08%
Ins Owner ChangeN/A
Market Cap126.65B
Revenue(TTM)9.66B
Net Income(TTM)2.96B
Analysts83.75
Price Target207.44 (-9.87%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.86% |
Yearly Dividend1.89
Dividend Growth(5Y)24.77%
DP23.87%
Div Incr Years0
Div Non Decr Years11
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)13.22%
Min EPS beat(2)12.33%
Max EPS beat(2)14.11%
EPS beat(4)4
Avg EPS beat(4)10.59%
Min EPS beat(4)5.95%
Max EPS beat(4)14.11%
EPS beat(8)7
Avg EPS beat(8)10.88%
EPS beat(12)10
Avg EPS beat(12)11.44%
EPS beat(16)13
Avg EPS beat(16)13.04%
Revenue beat(2)2
Avg Revenue beat(2)5.49%
Min Revenue beat(2)1.49%
Max Revenue beat(2)9.49%
Revenue beat(4)3
Avg Revenue beat(4)2.79%
Min Revenue beat(4)-1.08%
Max Revenue beat(4)9.49%
Revenue beat(8)6
Avg Revenue beat(8)3.24%
Revenue beat(12)7
Avg Revenue beat(12)1.84%
Revenue beat(16)10
Avg Revenue beat(16)2%
PT rev (1m)2.21%
PT rev (3m)6.57%
EPS NQ rev (1m)2.44%
EPS NQ rev (3m)26.36%
EPS NY rev (1m)0.96%
EPS NY rev (3m)39.54%
Revenue NQ rev (1m)1.53%
Revenue NQ rev (3m)-0.61%
Revenue NY rev (1m)0.4%
Revenue NY rev (3m)9.6%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.96 | ||
| Fwd PE | 20.63 | ||
| P/S | 9.34 | ||
| P/FCF | 29.39 | ||
| P/OCF | 17.68 | ||
| P/B | 4.01 | ||
| P/tB | 4.91 | ||
| EV/EBITDA | 14.65 |
EPS(TTM)8.23
EY3.58%
EPS(NY)11.16
Fwd EY4.85%
FCF(TTM)7.83
FCFY3.4%
OCF(TTM)13.02
OCFY5.66%
SpS24.63
BVpS57.46
TBVpS46.87
PEG (NY)0.37
PEG (5Y)0.82
Graham Number103.16
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.34% | ||
| ROE | 13.13% | ||
| ROCE | 14.94% | ||
| ROIC | 11.16% | ||
| ROICexc | 11.78% | ||
| ROICexgc | 13.8% | ||
| OM | 46.34% | ||
| PM (TTM) | 30.63% | ||
| GM | 68.09% | ||
| FCFM | 31.79% |
ROA(3y)5.31%
ROA(5y)5.35%
ROE(3y)7.74%
ROE(5y)8.32%
ROIC(3y)5.95%
ROIC(5y)6.64%
ROICexc(3y)6.12%
ROICexc(5y)6.83%
ROICexgc(3y)7.08%
ROICexgc(5y)7.56%
ROCE(3y)7.96%
ROCE(5y)8.88%
ROICexgc growth 3Y3.23%
ROICexgc growth 5Y15.99%
ROICexc growth 3Y-0.77%
ROICexc growth 5Y13.49%
OM growth 3Y10.7%
OM growth 5Y15.25%
PM growth 3Y16.36%
PM growth 5Y3.82%
GM growth 3Y4.57%
GM growth 5Y4.67%
F-Score9
Asset Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.24 | ||
| Debt/EBITDA | 0.11 | ||
| Cap/Depr | 129.4% | ||
| Cap/Sales | 21.05% | ||
| Interest Coverage | 48.56 | ||
| Cash Conversion | 84.4% | ||
| Profit Quality | 103.78% | ||
| Current Ratio | 2.03 | ||
| Quick Ratio | 1.16 | ||
| Altman-Z | 6.87 |
F-Score9
WACC8.17%
ROIC/WACC1.37
Cap/Depr(3y)124.43%
Cap/Depr(5y)123.02%
Cap/Sales(3y)24.69%
Cap/Sales(5y)24.29%
Profit Quality(3y)81.25%
Profit Quality(5y)81.62%
High Growth Momentum
Growth
EPS 1Y (TTM)106.69%
EPS 3Y20.13%
EPS 5Y33.97%
EPS Q2Q%81.31%
EPS Next Y74.89%
EPS Next 2Y37.12%
EPS Next 3Y19.2%
EPS Next 5Y-4.08%
Revenue 1Y (TTM)32.28%
Revenue growth 3Y28.89%
Revenue growth 5Y27.13%
Sales Q2Q%35.61%
Revenue Next Year33.75%
Revenue Next 2Y19.29%
Revenue Next 3Y9.7%
Revenue Next 5Y-3.66%
EBIT growth 1Y104.39%
EBIT growth 3Y42.69%
EBIT growth 5Y46.52%
EBIT Next Year141.28%
EBIT Next 3Y30.49%
EBIT Next 5Y8.03%
FCF growth 1Y350.06%
FCF growth 3Y68.02%
FCF growth 5YN/A
OCF growth 1Y119.38%
OCF growth 3Y43.33%
OCF growth 5Y35.05%