AGNICO EAGLE MINES LTD (AEM) Stock Fundamental Analysis
USA - NYSE:AEM - CA0084741085 - Common Stock
167.92 USD
+6.51 (+4.03%)
168.91 USD
+0.99 (+0.59%)
Overall AEM gets a fundamental rating of 7 out of 10. We evaluated AEM against 154 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 scores decently on growth, while it is valued quite cheap. This could make an interesting combination. These ratings could make AEM a good candidate 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.
Each year in the past 5 years AEM has been profitable.
Each year in the past 5 years AEM had a positive operating cash flow.
1.2 Ratios
AEM has a Return On Assets of 10.55%. This is amongst the best in the industry. AEM outperforms 90.26% of its industry peers.
AEM's Return On Equity of 14.67% is amongst the best of the industry. AEM outperforms 86.36% of its industry peers.
AEM has a better Return On Invested Capital (12.78%) than 90.26% of its industry peers.
The Average Return On Invested Capital over the past 3 years for AEM is significantly below the industry average of 12.57%.
The 3 year average ROIC (5.95%) for AEM is below the current ROIC(12.78%), indicating increased profibility in the last year.
| Industry Rank | Sector 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%
1.3 Margins
The Profit Margin of AEM (32.62%) is better than 94.16% of its industry peers.
In the last couple of years the Profit Margin of AEM has grown nicely.
AEM has a better Operating Margin (49.49%) than 95.45% of its industry peers.
In the last couple of years the Operating Margin of AEM has grown nicely.
AEM has a Gross Margin of 70.29%. This is amongst the best in the industry. AEM outperforms 95.45% of its industry peers.
In the last couple of years the Gross Margin of AEM has grown nicely.
| Industry Rank | Sector 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%
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
The debt/assets ratio for AEM has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 6.95 indicates that AEM is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 6.95, AEM is in the better half of the industry, outperforming 75.32% of the companies in the same industry.
AEM has a debt to FCF ratio of 0.09. This is a very positive value and a sign of high solvency as it would only need 0.09 years to pay back of all of its debts.
AEM's Debt to FCF ratio of 0.09 is amongst the best of the industry. AEM outperforms 95.45% of its industry peers.
AEM has a Debt/Equity ratio of 0.01. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of AEM (0.01) is better than 74.03% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.09 | ||
| Altman-Z | 6.95 |
ROIC/WACC1.57
WACC8.15%
2.3 Liquidity
A Current Ratio of 2.12 indicates that AEM has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 2.12, AEM is in line with its industry, outperforming 42.21% of the companies in the same industry.
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 (1.31) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.12 | ||
| Quick Ratio | 1.31 |
3. Growth
3.1 Past
AEM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 94.63%, 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 35.16%.
Measured over the past years, AEM shows a very strong growth in Revenue. The Revenue has been growing by 27.13% on average per year.
EPS 1Y (TTM)94.63%
EPS 3Y20.13%
EPS 5Y33.97%
EPS Q2Q%89.47%
Revenue 1Y (TTM)35.16%
Revenue growth 3Y28.89%
Revenue growth 5Y27.13%
Sales Q2Q%41.93%
3.2 Future
AEM is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -3.28% yearly.
Based on estimates for the next years, AEM will show a decrease in Revenue. The Revenue will decrease by -3.66% on average per year.
EPS Next Y89.97%
EPS Next 2Y53.15%
EPS Next 3Y31.73%
EPS Next 5Y-3.28%
Revenue Next Year38.58%
Revenue Next 2Y26.51%
Revenue Next 3Y15.67%
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.
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
AEM is valuated rather expensively with a Price/Earnings ratio of 24.37.
Based on the Price/Earnings ratio, AEM is valued a bit cheaper than the industry average as 72.08% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of AEM to the average of the S&P500 Index (26.28), we can say AEM is valued inline with the index average.
With a Price/Forward Earnings ratio of 16.92, AEM is valued correctly.
AEM's Price/Forward Earnings ratio is in line with the industry average.
AEM is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 33.61, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.37 | ||
| Fwd PE | 16.92 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AEM indicates a somewhat cheap valuation: AEM is cheaper than 67.53% of the companies listed in the same industry.
81.82% 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 | 25.35 | ||
| EV/EBITDA | 12.68 |
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.
A more expensive valuation may be justified as AEM's earnings are expected to grow with 31.73% in the coming years.
PEG (NY)0.27
PEG (5Y)0.72
EPS Next 2Y53.15%
EPS Next 3Y31.73%
5. Dividend
5.1 Amount
AEM has a yearly dividend return of 0.99%, which is pretty low.
AEM's Dividend Yield is a higher than the industry average which is at 2.64.
Compared to an average S&P500 Dividend Yield of 2.36, AEM's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.99% |
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 in the last 3 years.
Dividend Growth(5Y)24.77%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
AEM pays out 20.78% of its income as dividend. This is a sustainable payout ratio.
DP20.78%
EPS Next 2Y53.15%
EPS Next 3Y31.73%
167.92
+6.51 (+4.03%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners71.92%
Inst Owner Change-1.16%
Ins Owners0.08%
Ins Owner ChangeN/A
Market Cap92.40B
Revenue(TTM)10.57B
Net Income(TTM)3.45B
Analysts83.75
Price Target167.46 (-0.27%)
Short Float %1.25%
Short Ratio2.29
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.99% |
Yearly Dividend1.34
Dividend Growth(5Y)24.77%
DP20.78%
Div Incr Years0
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)10.15%
Min EPS beat(2)6.19%
Max EPS beat(2)14.11%
EPS beat(4)4
Avg EPS beat(4)9.64%
Min EPS beat(4)5.95%
Max EPS beat(4)14.11%
EPS beat(8)8
Avg EPS beat(8)12.67%
EPS beat(12)10
Avg EPS beat(12)10.37%
EPS beat(16)13
Avg EPS beat(16)13.4%
Revenue beat(2)2
Avg Revenue beat(2)7.33%
Min Revenue beat(2)5.17%
Max Revenue beat(2)9.49%
Revenue beat(4)3
Avg Revenue beat(4)3.77%
Min Revenue beat(4)-1.08%
Max Revenue beat(4)9.49%
Revenue beat(8)7
Avg Revenue beat(8)4.13%
Revenue beat(12)8
Avg Revenue beat(12)2.32%
Revenue beat(16)10
Avg Revenue beat(16)2.15%
PT rev (1m)12.55%
PT rev (3m)9.91%
EPS NQ rev (1m)10.85%
EPS NQ rev (3m)21.06%
EPS NY rev (1m)8.63%
EPS NY rev (3m)51.58%
Revenue NQ rev (1m)6.8%
Revenue NQ rev (3m)10.54%
Revenue NY rev (1m)3.61%
Revenue NY rev (3m)10.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.37 | ||
| Fwd PE | 16.92 | ||
| P/S | 8.74 | ||
| P/FCF | 25.35 | ||
| P/OCF | 15.83 | ||
| P/B | 3.93 | ||
| P/tB | 4.78 | ||
| EV/EBITDA | 12.68 |
EPS(TTM)6.89
EY4.1%
EPS(NY)9.92
Fwd EY5.91%
FCF(TTM)6.62
FCFY3.94%
OCF(TTM)10.61
OCFY6.32%
SpS19.2
BVpS42.72
TBVpS35.16
PEG (NY)0.27
PEG (5Y)0.72
Graham Number81.38
Profitability
| Industry Rank | Sector 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 Rank | Sector 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 | 6.95 |
F-Score9
WACC8.15%
ROIC/WACC1.57
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)94.63%
EPS 3Y20.13%
EPS 5Y33.97%
EPS Q2Q%89.47%
EPS Next Y89.97%
EPS Next 2Y53.15%
EPS Next 3Y31.73%
EPS Next 5Y-3.28%
Revenue 1Y (TTM)35.16%
Revenue growth 3Y28.89%
Revenue growth 5Y27.13%
Sales Q2Q%41.93%
Revenue Next Year38.58%
Revenue Next 2Y26.51%
Revenue Next 3Y15.67%
Revenue Next 5Y-3.66%
EBIT growth 1Y94.51%
EBIT growth 3Y42.69%
EBIT growth 5Y46.52%
EBIT Next Year155.16%
EBIT Next 3Y42.92%
EBIT Next 5Y3.64%
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 FAQ
What is the fundamental rating for AEM stock?
ChartMill assigns a fundamental rating of 7 / 10 to AEM.
What is the valuation status for AEM stock?
ChartMill assigns a valuation rating of 7 / 10 to AGNICO EAGLE MINES LTD (AEM). This can be considered as Undervalued.
Can you provide the profitability details for AGNICO EAGLE MINES LTD?
AGNICO EAGLE MINES LTD (AEM) has a profitability rating of 9 / 10.
What is the valuation of AGNICO EAGLE MINES LTD based on its PE and PB ratios?
The Price/Earnings (PE) ratio for AGNICO EAGLE MINES LTD (AEM) is 24.37 and the Price/Book (PB) ratio is 3.93.
What is the expected EPS growth for AGNICO EAGLE MINES LTD (AEM) stock?
The Earnings per Share (EPS) of AGNICO EAGLE MINES LTD (AEM) is expected to grow by 89.97% in the next year.