AGNICO EAGLE MINES LTD (AEM.CA) Stock Fundamental Analysis
TSX:AEM - Toronto Stock Exchange - CA0084741085 - Common Stock - Currency: CAD
AEM gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 806 industry peers in the Metals & Mining industry. AEM has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. AEM has a correct valuation and a medium growth rate. These ratings could make AEM a good candidate for quality investing.
1. Profitability
1.1 Basic Checks
In the past year AEM was profitable.
In the past year AEM had a positive cash flow from operations.
AEM had positive earnings in each of the past 5 years.
In the past 5 years AEM always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of AEM (7.72%) is better than 91.69% of its industry peers.
Looking at the Return On Equity, with a value of 10.92%, AEM belongs to the top of the industry, outperforming 92.06% of the companies in the same industry.
AEM has a better Return On Invested Capital (9.60%) than 94.79% of its industry peers.
The Average Return On Invested Capital over the past 3 years for AEM is significantly below the industry average of 12.40%.
The 3 year average ROIC (5.95%) for AEM is below the current ROIC(9.60%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.72% | ||
| ROE | 10.92% | ||
| ROIC | 9.6% |
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
AEM's Profit Margin of 26.48% is amongst the best of the industry. AEM outperforms 96.53% of its industry peers.
AEM's Profit Margin has improved in the last couple of years.
AEM has a better Operating Margin (42.24%) than 97.77% of its industry peers.
In the last couple of years the Operating Margin of AEM has grown nicely.
AEM has a better Gross Margin (65.64%) 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 | 42.24% | ||
| PM (TTM) | 26.48% | ||
| GM | 65.64% |
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.
AEM has more shares outstanding than it did 1 year ago.
AEM has more shares outstanding than it did 5 years ago.
AEM has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 5.18 indicates that AEM is not in any danger for bankruptcy at the moment.
AEM has a Altman-Z score of 5.18. This is in the better half of the industry: AEM outperforms 65.38% of its industry peers.
The Debt to FCF ratio of AEM is 0.55, which is an excellent value as it means it would take AEM, only 0.55 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 0.55, AEM belongs to the best of the industry, outperforming 95.66% of the companies in the same industry.
A Debt/Equity ratio of 0.05 indicates that AEM is not too dependend on debt financing.
AEM has a Debt to Equity ratio (0.05) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.05 | ||
| Debt/FCF | 0.55 | ||
| Altman-Z | 5.18 |
ROIC/WACC1.1
WACC8.75%
2.3 Liquidity
A Current Ratio of 2.37 indicates that AEM has no problem at all paying its short term obligations.
AEM's Current ratio of 2.37 is in line compared to the rest of the industry. AEM outperforms 58.56% of its industry peers.
AEM has a Quick Ratio of 1.20. This is a normal value and indicates that AEM is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of AEM (1.20) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.37 | ||
| Quick Ratio | 1.2 |
3. Growth
3.1 Past
AEM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 106.61%, which is quite impressive.
AEM shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 33.97% yearly.
AEM shows a strong growth in Revenue. In the last year, the Revenue has grown by 28.46%.
AEM shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 27.13% yearly.
EPS 1Y (TTM)106.61%
EPS 3Y20.13%
EPS 5Y33.97%
EPS Q2Q%101.32%
Revenue 1Y (TTM)28.46%
Revenue growth 3Y28.89%
Revenue growth 5Y27.13%
Sales Q2Q%34.89%
3.2 Future
The Earnings Per Share is expected to grow by 0.81% on average over the next years.
AEM is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -0.96% yearly.
EPS Next Y25.33%
EPS Next 2Y11.82%
EPS Next 3Y4.75%
EPS Next 5Y0.81%
Revenue Next Year22.03%
Revenue Next 2Y10.06%
Revenue Next 3Y6.59%
Revenue Next 5Y-0.96%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 24.85, AEM is valued on the expensive side.
Based on the Price/Earnings ratio, AEM is valued cheaply inside the industry as 88.83% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of AEM to the average of the S&P500 Index (27.93), we can say AEM is valued inline with the index average.
The Price/Forward Earnings ratio is 23.50, which indicates a rather expensive current valuation of AEM.
AEM's Price/Forward Earnings ratio is rather cheap when compared to the industry. AEM is cheaper than 87.84% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 37.78. AEM is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.85 | ||
| Fwd PE | 23.5 |
4.2 Price Multiples
91.69% of the companies in the same industry are more expensive than AEM, based on the Enterprise Value to EBITDA ratio.
92.56% of the companies in the same industry are more expensive than AEM, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.87 | ||
| EV/EBITDA | 11.99 |
4.3 Compensation for Growth
The 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.
PEG (NY)0.98
PEG (5Y)0.73
EPS Next 2Y11.82%
EPS Next 3Y4.75%
5. Dividend
5.1 Amount
AEM has a Yearly Dividend Yield of 1.29%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 18.28, AEM pays a better dividend. On top of this AEM pays more dividend than 96.77% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.32, AEM's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.29% |
5.2 History
On average, the dividend of AEM grows each year by 24.77%, which is quite nice.
AEM has paid a dividend for at least 10 years, which is 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 29.20% of its income as dividend. This is a sustainable payout ratio.
The dividend of AEM is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP29.2%
EPS Next 2Y11.82%
EPS Next 3Y4.75%
TSX:AEM (7/28/2025, 7:00:00 PM)
169.98
-1.77 (-1.03%)
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 Cap85.45B
Analysts83.53
Price Target194.64 (14.51%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.29% |
Yearly Dividend1.84
Dividend Growth(5Y)24.77%
DP29.2%
Div Incr Years0
Div Non Decr Years11
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)9.14%
Min EPS beat(2)5.95%
Max EPS beat(2)12.33%
EPS beat(4)4
Avg EPS beat(4)11.01%
Min EPS beat(4)5.95%
Max EPS beat(4)15.78%
EPS beat(8)7
Avg EPS beat(8)11.21%
EPS beat(12)10
Avg EPS beat(12)12.68%
EPS beat(16)13
Avg EPS beat(16)13.25%
Revenue beat(2)1
Avg Revenue beat(2)0.2%
Min Revenue beat(2)-1.08%
Max Revenue beat(2)1.49%
Revenue beat(4)3
Avg Revenue beat(4)1.69%
Min Revenue beat(4)-1.08%
Max Revenue beat(4)5.09%
Revenue beat(8)5
Avg Revenue beat(8)1.98%
Revenue beat(12)6
Avg Revenue beat(12)0.97%
Revenue beat(16)10
Avg Revenue beat(16)1.72%
PT rev (1m)0%
PT rev (3m)16.66%
EPS NQ rev (1m)19.17%
EPS NQ rev (3m)43%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)5.8%
Revenue NY rev (1m)0%
Revenue NY rev (3m)5.31%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.85 | ||
| Fwd PE | 23.5 | ||
| P/S | 7 | ||
| P/FCF | 26.87 | ||
| P/OCF | 14.8 | ||
| P/B | 2.89 | ||
| P/tB | 3.57 | ||
| EV/EBITDA | 11.99 |
EPS(TTM)6.84
EY4.02%
EPS(NY)7.23
Fwd EY4.26%
FCF(TTM)6.33
FCFY3.72%
OCF(TTM)11.49
OCFY6.76%
SpS24.28
BVpS58.88
TBVpS47.57
PEG (NY)0.98
PEG (5Y)0.73
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.72% | ||
| ROE | 10.92% | ||
| ROCE | 12.84% | ||
| ROIC | 9.6% | ||
| ROICexc | 9.99% | ||
| ROICexgc | 11.72% | ||
| OM | 42.24% | ||
| PM (TTM) | 26.48% | ||
| GM | 65.64% | ||
| FCFM | 26.06% |
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%
ROICexcg growth 3Y3.23%
ROICexcg 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-Score8
Asset Turnover0.29
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.05 | ||
| Debt/FCF | 0.55 | ||
| Debt/EBITDA | 0.22 | ||
| Cap/Depr | 120.53% | ||
| Cap/Sales | 21.25% | ||
| Interest Coverage | 47.34 | ||
| Cash Conversion | 79.01% | ||
| Profit Quality | 98.4% | ||
| Current Ratio | 2.37 | ||
| Quick Ratio | 1.2 | ||
| Altman-Z | 5.18 |
F-Score8
WACC8.75%
ROIC/WACC1.1
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)106.61%
EPS 3Y20.13%
EPS 5Y33.97%
EPS Q2Q%101.32%
EPS Next Y25.33%
EPS Next 2Y11.82%
EPS Next 3Y4.75%
EPS Next 5Y0.81%
Revenue 1Y (TTM)28.46%
Revenue growth 3Y28.89%
Revenue growth 5Y27.13%
Sales Q2Q%34.89%
Revenue Next Year22.03%
Revenue Next 2Y10.06%
Revenue Next 3Y6.59%
Revenue Next 5Y-0.96%
EBIT growth 1Y101.89%
EBIT growth 3Y42.69%
EBIT growth 5Y46.52%
EBIT Next Year107.37%
EBIT Next 3Y24.69%
EBIT Next 5Y7.92%
FCF growth 1Y281.95%
FCF growth 3Y68.02%
FCF growth 5YN/A
OCF growth 1Y88.58%
OCF growth 3Y43.33%
OCF growth 5Y35.05%