AGNICO EAGLE MINES LTD (AEM.CA) Stock Fundamental Analysis

TSX:AEM • CA0084741085

342.63 CAD
+5.54 (+1.64%)
Last: Feb 27, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

7

We assign a fundamental rating of 7 out of 10 to AEM. AEM was compared to 802 industry peers in the Metals & Mining industry. AEM scores excellent on profitability, but there are some minor concerns on its financial health. AEM is evaluated to be cheap and growing strongly. This does not happen too often! This makes AEM very considerable for value and growth investing!


Dividend Valuation Growth Profitability Health

9

1. Profitability

1.1 Basic Checks

  • In the past year AEM was profitable.
  • AEM had a positive operating cash flow in the past year.
  • In the past 5 years AEM has always been profitable.
  • Each year in the past 5 years AEM had a positive operating cash flow.
AEM.CA Yearly Net Income VS EBIT VS OCF VS FCFAEM.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B 2B 3B

1.2 Ratios

  • With an excellent Return On Assets value of 10.55%, AEM belongs to the best of the industry, outperforming 93.77% of the companies in the same industry.
  • AEM's Return On Equity of 14.67% is amongst the best of the industry. AEM outperforms 92.77% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 12.78%, AEM belongs to the top of the industry, outperforming 95.26% of the companies in the same industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for AEM is significantly below the industry average of 12.22%.
  • The 3 year average ROIC (5.95%) for AEM is below the current ROIC(12.78%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 10.55%
ROE 14.67%
ROIC 12.78%
ROA(3y)5.31%
ROA(5y)5.35%
ROE(3y)7.74%
ROE(5y)8.32%
ROIC(3y)5.95%
ROIC(5y)6.64%
AEM.CA Yearly ROA, ROE, ROICAEM.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 -5

1.3 Margins

  • The Profit Margin of AEM (32.62%) is better than 96.51% of its industry peers.
  • AEM's Profit Margin has improved in the last couple of years.
  • AEM has a better Operating Margin (49.49%) than 98.50% of its industry peers.
  • AEM's Operating Margin has improved in the last couple of years.
  • The Gross Margin of AEM (70.29%) is better than 98.25% of its industry peers.
  • In the last couple of years the Gross Margin of AEM has grown nicely.
Industry RankSector Rank
OM 49.49%
PM (TTM) 32.62%
GM 70.29%
OM growth 3Y10.7%
OM growth 5Y15.25%
PM growth 3Y16.36%
PM growth 5Y3.82%
GM growth 3Y4.57%
GM growth 5Y4.67%
AEM.CA Yearly Profit, Operating, Gross MarginsAEM.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 40 60

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ROAROEROICOperating and Profit MarginShow most profitable peers

6

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.
  • AEM has more shares outstanding than it did 1 year ago.
  • The number of shares outstanding for AEM has been increased compared to 5 years ago.
  • AEM has a better debt/assets ratio than last year.
AEM.CA Yearly Shares OutstandingAEM.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M 500M
AEM.CA Yearly Total Debt VS Total AssetsAEM.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B 20B 25B

2.2 Solvency

  • An Altman-Z score of 9.22 indicates that AEM is not in any danger for bankruptcy at the moment.
  • With a Altman-Z score value of 9.22, AEM perfoms like the industry average, outperforming 59.85% of the companies in the same industry.
  • The Debt to FCF ratio of AEM is 0.09, which is an excellent value as it means it would take AEM, only 0.09 years of fcf income to pay off all of its debts.
  • AEM's Debt to FCF ratio of 0.09 is amongst the best of the industry. AEM outperforms 96.51% of its industry peers.
  • A Debt/Equity ratio of 0.01 indicates that AEM is not too dependend on debt financing.
  • With a Debt to Equity ratio value of 0.01, AEM perfoms like the industry average, outperforming 46.63% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.01
Debt/FCF 0.09
Altman-Z 9.22
ROIC/WACC1.21
WACC10.54%
AEM.CA Yearly LT Debt VS Equity VS FCFAEM.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5B 10B 15B 20B

2.3 Liquidity

  • A Current Ratio of 2.12 indicates that AEM has no problem at all paying its short term obligations.
  • AEM has a Current ratio of 2.12. This is comparable to the rest of the industry: AEM outperforms 52.24% of its industry peers.
  • A Quick Ratio of 1.31 indicates that AEM should not have too much problems paying its short term obligations.
  • AEM has a Quick ratio of 1.31. This is comparable to the rest of the industry: AEM outperforms 46.26% of its industry peers.
Industry RankSector Rank
Current Ratio 2.12
Quick Ratio 1.31
AEM.CA Yearly Current Assets VS Current LiabilitesAEM.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B 2.5B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

7

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 96.69% over the past year.
  • 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 25.03%.
  • AEM shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 27.13% yearly.
EPS 1Y (TTM)96.69%
EPS 3Y20.13%
EPS 5Y33.97%
EPS Q2Q%113.49%
Revenue 1Y (TTM)25.03%
Revenue growth 3Y28.89%
Revenue growth 5Y27.13%
Sales Q2Q%60.27%

3.2 Future

  • AEM is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.82% yearly.
  • Based on estimates for the next years, AEM will show a small growth in Revenue. The Revenue will grow by 3.77% on average per year.
EPS Next Y95.68%
EPS Next 2Y61.33%
EPS Next 3Y45.23%
EPS Next 5Y9.82%
Revenue Next Year40.58%
Revenue Next 2Y29.07%
Revenue Next 3Y23.18%
Revenue Next 5Y3.77%

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.
AEM.CA Yearly Revenue VS EstimatesAEM.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 5B 10B 15B
AEM.CA Yearly EPS VS EstimatesAEM.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2 4 6 8 10

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Find the best growth stocksShow best growing peers

7

4. Valuation

4.1 Price/Earnings Ratio

  • AEM is valuated quite expensively with a Price/Earnings ratio of 30.11.
  • Based on the Price/Earnings ratio, AEM is valued cheaply inside the industry as 91.02% of the companies are valued more expensively.
  • AEM's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.10.
  • AEM is valuated rather expensively with a Price/Forward Earnings ratio of 22.76.
  • AEM's Price/Forward Earnings ratio is rather cheap when compared to the industry. AEM is cheaper than 90.02% of the companies in the same industry.
  • AEM's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 28.06.
Industry RankSector Rank
PE 30.11
Fwd PE 22.76
AEM.CA Price Earnings VS Forward Price EarningsAEM.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

  • 93.39% of the companies in the same industry are more expensive than AEM, based on the Enterprise Value to EBITDA ratio.
  • Based on the Price/Free Cash Flow ratio, AEM is valued cheaply inside the industry as 94.64% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 34.48
EV/EBITDA 17.77
AEM.CA Per share dataAEM.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60

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.
  • The excellent profitability rating of AEM may justify a higher PE ratio.
  • AEM's earnings are expected to grow with 45.23% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.31
PEG (5Y)0.89
EPS Next 2Y61.33%
EPS Next 3Y45.23%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. Dividend

5.1 Amount

  • AEM has a yearly dividend return of 0.80%, which is pretty low.
  • Compared to an average industry Dividend Yield of 0.41, AEM pays a better dividend. On top of this AEM pays more dividend than 96.63% of the companies listed in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.80, AEM's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.8%

5.2 History

  • The dividend of AEM is nicely growing with an annual growth rate of 24.77%!
  • 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
AEM.CA Yearly Dividends per shareAEM.CA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.5 1 1.5

5.3 Sustainability

  • 20.78% of the earnings are spent on dividend by AEM. This is a low number and sustainable payout ratio.
  • The dividend of AEM is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP20.78%
EPS Next 2Y61.33%
EPS Next 3Y45.23%
AEM.CA Yearly Income VS Free CF VS DividendAEM.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M 1B 1.5B 2B
AEM.CA Dividend Payout.AEM.CA Dividend Payout, showing the Payout Ratio.AEM.CA Dividend Payout.PayoutRetained Earnings

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AGNICO EAGLE MINES LTD

TSX:AEM (2/27/2026, 7:00:00 PM)

342.63

+5.54 (+1.64%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)02-12
Earnings (Next)04-30
Inst Owners72.41%
Inst Owner ChangeN/A
Ins Owners0.06%
Ins Owner ChangeN/A
Market Cap171.87B
Revenue(TTM)8.29B
Net Income(TTM)3.45B
Analysts81.18
Price Target287.2 (-16.18%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0.8%
Yearly Dividend1.83
Dividend Growth(5Y)24.77%
DP20.78%
Div Incr Years0
Div Non Decr Years11
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)15.73%
Min EPS beat(2)14.11%
Max EPS beat(2)17.35%
EPS beat(4)4
Avg EPS beat(4)12.43%
Min EPS beat(4)5.95%
Max EPS beat(4)17.35%
EPS beat(8)8
Avg EPS beat(8)14.07%
EPS beat(12)10
Avg EPS beat(12)11.3%
EPS beat(16)13
Avg EPS beat(16)14.1%
Revenue beat(2)2
Avg Revenue beat(2)8.01%
Min Revenue beat(2)6.53%
Max Revenue beat(2)9.49%
Revenue beat(4)3
Avg Revenue beat(4)4.11%
Min Revenue beat(4)-1.08%
Max Revenue beat(4)9.49%
Revenue beat(8)7
Avg Revenue beat(8)4.3%
Revenue beat(12)8
Avg Revenue beat(12)2.43%
Revenue beat(16)10
Avg Revenue beat(16)2.24%
PT rev (1m)0%
PT rev (3m)23.08%
EPS NQ rev (1m)2.44%
EPS NQ rev (3m)17.16%
EPS NY rev (1m)1.26%
EPS NY rev (3m)7.01%
Revenue NQ rev (1m)0.32%
Revenue NQ rev (3m)6.4%
Revenue NY rev (1m)0.8%
Revenue NY rev (3m)2.39%
Valuation
Industry RankSector Rank
PE 30.11
Fwd PE 22.76
P/S 11.89
P/FCF 34.48
P/OCF 21.53
P/B 5.35
P/tB 6.5
EV/EBITDA 17.77
EPS(TTM)11.38
EY3.32%
EPS(NY)15.05
Fwd EY4.39%
FCF(TTM)9.94
FCFY2.9%
OCF(TTM)15.91
OCFY4.64%
SpS28.81
BVpS64.08
TBVpS52.75
PEG (NY)0.31
PEG (5Y)0.89
Graham Number128.09
Profitability
Industry RankSector Rank
ROA 10.55%
ROE 14.67%
ROCE 17.1%
ROIC 12.78%
ROICexc 13.86%
ROICexgc 16.25%
OM 49.49%
PM (TTM) 32.62%
GM 70.29%
FCFM 34.49%
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 Turnover0.32
Health
Industry RankSector Rank
Debt/Equity 0.01
Debt/FCF 0.09
Debt/EBITDA 0.04
Cap/Depr 136.02%
Cap/Sales 20.75%
Interest Coverage 71.52
Cash Conversion 85.32%
Profit Quality 105.72%
Current Ratio 2.12
Quick Ratio 1.31
Altman-Z 9.22
F-Score9
WACC10.54%
ROIC/WACC1.21
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)96.69%
EPS 3Y20.13%
EPS 5Y33.97%
EPS Q2Q%113.49%
EPS Next Y95.68%
EPS Next 2Y61.33%
EPS Next 3Y45.23%
EPS Next 5Y9.82%
Revenue 1Y (TTM)25.03%
Revenue growth 3Y28.89%
Revenue growth 5Y27.13%
Sales Q2Q%60.27%
Revenue Next Year40.58%
Revenue Next 2Y29.07%
Revenue Next 3Y23.18%
Revenue Next 5Y3.77%
EBIT growth 1Y94.51%
EBIT growth 3Y42.69%
EBIT growth 5Y46.52%
EBIT Next Year158.85%
EBIT Next 3Y53.01%
EBIT Next 5Y16.01%
FCF growth 1Y493.61%
FCF growth 3Y68.02%
FCF growth 5YN/A
OCF growth 1Y158.96%
OCF growth 3Y43.33%
OCF growth 5Y35.05%

AGNICO EAGLE MINES LTD / AEM.CA FAQ

What is the fundamental rating for AEM stock?

ChartMill assigns a fundamental rating of 7 / 10 to AEM.CA.


Can you provide the valuation status for AGNICO EAGLE MINES LTD?

ChartMill assigns a valuation rating of 7 / 10 to AGNICO EAGLE MINES LTD (AEM.CA). This can be considered as Undervalued.


Can you provide the profitability details for AGNICO EAGLE MINES LTD?

AGNICO EAGLE MINES LTD (AEM.CA) has a profitability rating of 9 / 10.


What are the PE and PB ratios of AGNICO EAGLE MINES LTD (AEM.CA) stock?

The Price/Earnings (PE) ratio for AGNICO EAGLE MINES LTD (AEM.CA) is 30.11 and the Price/Book (PB) ratio is 5.35.


Is the dividend of AGNICO EAGLE MINES LTD sustainable?

The dividend rating of AGNICO EAGLE MINES LTD (AEM.CA) is 6 / 10 and the dividend payout ratio is 20.78%.