AGNICO EAGLE MINES LTD (AEM.CA) Stock Fundamental Analysis
TSX:AEM - Toronto Stock Exchange - CA0084741085 - Common Stock - Currency: CAD
Taking everything into account, AEM scores 7 out of 10 in our fundamental rating. AEM was compared to 802 industry peers in the Metals & Mining industry. AEM scores excellent points on both the profitability and health parts. This is a solid base for a good stock. AEM has a decent growth rate and is not valued too expensively. This makes AEM very considerable for quality investing!
1. Profitability
1.1 Basic Checks
AEM had positive earnings in the past year.
AEM had a positive operating cash flow in the past year.
AEM had positive earnings in each of the past 5 years.
Each year in the past 5 years AEM had a positive operating cash flow.
1.2 Ratios
The Return On Assets of AEM (7.72%) is better than 92.89% of its industry peers.
The Return On Equity of AEM (10.92%) is better than 93.39% of its industry peers.
AEM's Return On Invested Capital of 9.60% is amongst the best of the industry. AEM outperforms 95.39% of its industry peers.
The Average Return On Invested Capital over the past 3 years for AEM is significantly below the industry average of 24.51%.
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
The Profit Margin of AEM (26.48%) is better than 97.13% of its industry peers.
In the last couple of years the Profit Margin of AEM has grown nicely.
Looking at the Operating Margin, with a value of 42.24%, AEM belongs to the top of the industry, outperforming 98.25% of the companies in the same industry.
In the last couple of years the Operating Margin of AEM has grown nicely.
AEM has a Gross Margin of 65.64%. This is amongst the best in the industry. AEM outperforms 98.00% of its industry peers.
AEM's Gross Margin has improved in the last couple of years.
| 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so AEM is still creating some value.
The number of shares outstanding for AEM has been increased compared to 1 year ago.
Compared to 5 years ago, AEM has more shares outstanding
Compared to 1 year ago, AEM has an improved debt to assets ratio.
2.2 Solvency
AEM has an Altman-Z score of 4.64. This indicates that AEM is financially healthy and has little risk of bankruptcy at the moment.
AEM has a better Altman-Z score (4.64) than 67.58% 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.
AEM has a Debt to FCF ratio of 0.55. This is amongst the best in the industry. AEM outperforms 95.26% of its industry peers.
AEM has a Debt/Equity ratio of 0.05. This is a healthy value indicating a solid balance between debt and equity.
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 | 4.64 |
ROIC/WACC1.08
WACC8.92%
2.3 Liquidity
AEM has a Current Ratio of 2.37. This indicates that AEM is financially healthy and has no problem in meeting its short term obligations.
AEM has a Current ratio (2.37) which is comparable to the rest of the industry.
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.
AEM's Quick ratio of 1.20 is in line compared to the rest of the industry. AEM outperforms 49.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.37 | ||
| Quick Ratio | 1.2 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 106.61% over the past year.
AEM shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 33.97% yearly.
The Revenue has grown by 28.46% in the past year. This is a very strong growth!
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 decrease by -5.24% on average over the next years.
Based on estimates for the next years, AEM will show a decrease in Revenue. The Revenue will decrease by -1.88% on average per year.
EPS Next Y25.33%
EPS Next 2Y11.82%
EPS Next 3Y4.75%
EPS Next 5Y-5.24%
Revenue Next Year15.88%
Revenue Next 2Y7.87%
Revenue Next 3Y4.83%
Revenue Next 5Y-1.88%
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
The Price/Earnings ratio is 22.22, which indicates a rather expensive current valuation of AEM.
Based on the Price/Earnings ratio, AEM is valued cheaply inside the industry as 89.28% of the companies are valued more expensively.
AEM is valuated rather cheaply when we compare the Price/Earnings ratio to 28.18, which is the current average of the S&P500 Index.
AEM is valuated rather expensively with a Price/Forward Earnings ratio of 21.00.
AEM's Price/Forward Earnings ratio is rather cheap when compared to the industry. AEM is cheaper than 88.90% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 20.81. AEM is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.22 | ||
| Fwd PE | 21 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AEM indicates a rather cheap valuation: AEM is cheaper than 91.02% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of AEM indicates a rather cheap valuation: AEM is cheaper than 93.52% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.02 | ||
| EV/EBITDA | 10.47 |
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.
PEG (NY)0.88
PEG (5Y)0.65
EPS Next 2Y11.82%
EPS Next 3Y4.75%
5. Dividend
5.1 Amount
AEM has a Yearly Dividend Yield of 1.47%.
Compared to an average industry Dividend Yield of 2.90, AEM pays a better dividend. On top of this AEM pays more dividend than 96.76% of the companies listed in the same industry.
Compared to the average S&P500 Dividend Yield of 2.45, AEM is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.47% |
5.2 History
The dividend of AEM is nicely growing with an annual growth rate of 24.77%!
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 Years10
5.3 Sustainability
AEM pays out 29.20% of its income as dividend. This is a sustainable payout ratio.
DP29.2%
EPS Next 2Y11.82%
EPS Next 3Y4.75%
TSX:AEM (5/2/2025, 7:00:00 PM)
153.51
-2.25 (-1.44%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners70.84%
Inst Owner ChangeN/A
Ins Owners0.09%
Ins Owner ChangeN/A
Market Cap77.17B
Analysts83.53
Price Target166.85 (8.69%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.47% |
Yearly Dividend1.86
Dividend Growth(5Y)24.77%
DP29.2%
Div Incr Years0
Div Non Decr Years10
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)14.55%
Min EPS beat(2)5.95%
Max EPS beat(2)23.16%
EPS beat(4)4
Avg EPS beat(4)13.72%
Min EPS beat(4)5.95%
Max EPS beat(4)23.16%
EPS beat(8)7
Avg EPS beat(8)12.56%
EPS beat(12)10
Avg EPS beat(12)13.58%
EPS beat(16)13
Avg EPS beat(16)13.93%
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)5.6%
PT rev (3m)18.26%
EPS NQ rev (1m)12.87%
EPS NQ rev (3m)5.23%
EPS NY rev (1m)7.39%
EPS NY rev (3m)5.57%
Revenue NQ rev (1m)0.66%
Revenue NQ rev (3m)-2.04%
Revenue NY rev (1m)3.58%
Revenue NY rev (3m)2.67%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.22 | ||
| Fwd PE | 21 | ||
| P/S | 6.26 | ||
| P/FCF | 24.02 | ||
| P/OCF | 13.23 | ||
| P/B | 2.58 | ||
| P/tB | 3.19 | ||
| EV/EBITDA | 10.47 |
EPS(TTM)6.91
EY4.5%
EPS(NY)7.31
Fwd EY4.76%
FCF(TTM)6.39
FCFY4.16%
OCF(TTM)11.61
OCFY7.56%
SpS24.53
BVpS59.49
TBVpS48.06
PEG (NY)0.88
PEG (5Y)0.65
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 | 4.64 |
F-Score8
WACC8.92%
ROIC/WACC1.08
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 5Y-5.24%
Revenue 1Y (TTM)28.46%
Revenue growth 3Y28.89%
Revenue growth 5Y27.13%
Sales Q2Q%34.89%
Revenue Next Year15.88%
Revenue Next 2Y7.87%
Revenue Next 3Y4.83%
Revenue Next 5Y-1.88%
EBIT growth 1Y101.89%
EBIT growth 3Y42.69%
EBIT growth 5Y46.52%
EBIT Next Year84.33%
EBIT Next 3Y19.48%
EBIT Next 5Y4.53%
FCF growth 1Y281.95%
FCF growth 3Y68.02%
FCF growth 5YN/A
OCF growth 1Y88.58%
OCF growth 3Y43.33%
OCF growth 5Y35.05%