AGNICO EAGLE MINES LTD (AEM) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:AEM - CA0084741085 - Common Stock
194.33 USD
+3.19 (+1.67%)
193.37 USD
-0.96 (-0.49%)
We assign a fundamental rating of 7 out of 10 to AEM. AEM was compared to 157 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 both an excellent growth and valuation score. This means it is growing and it is still cheap. This is a rare combination! These ratings would make AEM suitable for value and growth and quality investing!
1. Profitability
1.1 Basic Checks
AEM had positive earnings in the past year.
In the past year AEM had a positive cash flow from operations.
Each year in the past 5 years AEM has been profitable.
AEM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of AEM (10.55%) is better than 90.45% of its industry peers.
Looking at the Return On Equity, with a value of 14.67%, AEM belongs to the top of the industry, outperforming 87.26% of the companies in the same industry.
AEM has a Return On Invested Capital of 12.78%. This is amongst the best in the industry. AEM outperforms 86.62% of its industry peers.
AEM had an Average Return On Invested Capital over the past 3 years of 5.95%. This is below the industry average of 10.34%.
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
AEM's Profit Margin of 32.62% is amongst the best of the industry. AEM outperforms 94.90% of its industry peers.
In the last couple of years the Profit Margin of AEM has grown nicely.
AEM has a Operating Margin of 49.49%. This is amongst the best in the industry. AEM outperforms 94.90% of its industry peers.
In the last couple of years the Operating Margin of AEM has grown nicely.
With an excellent Gross Margin value of 70.29%, AEM belongs to the best of the industry, outperforming 95.54% of the companies in the same industry.
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
AEM has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, AEM has more shares outstanding
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 7.41 indicates that AEM is not in any danger for bankruptcy at the moment.
AEM has a Altman-Z score of 7.41. This is in the better half of the industry: AEM outperforms 74.52% of its industry peers.
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 has a better Debt to FCF ratio (0.09) than 95.54% of its industry peers.
A Debt/Equity ratio of 0.01 indicates that AEM is not too dependend on debt financing.
AEM has a better Debt to Equity ratio (0.01) than 72.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.09 | ||
| Altman-Z | 7.41 |
ROIC/WACC1.39
WACC9.19%
2.3 Liquidity
A Current Ratio of 2.12 indicates that AEM has no problem at all paying its short term obligations.
The Current ratio of AEM (2.12) is comparable to the rest of the 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 of 1.31. This is comparable to the rest of the industry: AEM outperforms 42.04% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.12 | ||
| Quick Ratio | 1.31 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 94.63% 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.
AEM shows a strong growth in Revenue. In the last year, the Revenue has grown by 35.16%.
The Revenue has been growing by 27.13% on average over the past years. This is a very strong growth!
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
The Earnings Per Share is expected to grow by 8.45% on average over the next years. This is quite good.
AEM is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.75% yearly.
EPS Next Y92.64%
EPS Next 2Y59.68%
EPS Next 3Y37.88%
EPS Next 5Y8.45%
Revenue Next Year40.43%
Revenue Next 2Y29.34%
Revenue Next 3Y17.94%
Revenue Next 5Y3.75%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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
With a Price/Earnings ratio of 28.20, AEM can be considered very expensive at the moment.
Based on the Price/Earnings ratio, AEM is valued a bit cheaper than the industry average as 73.25% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 27.25, AEM is valued at the same level.
Based on the Price/Forward Earnings ratio of 18.02, the valuation of AEM can be described as rather expensive.
AEM's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. AEM is cheaper than 63.06% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.98. AEM is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.2 | ||
| Fwd PE | 18.02 |
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 66.88% 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 83.44% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.74 | ||
| EV/EBITDA | 13.71 |
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 37.88% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.3
PEG (5Y)0.83
EPS Next 2Y59.68%
EPS Next 3Y37.88%
5. Dividend
5.1 Amount
AEM has a yearly dividend return of 0.87%, which is pretty low.
Compared to an average industry Dividend Yield of 0.98, AEM pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 1.92, AEM's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.87% |
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 in the last 3 years.
Dividend Growth(5Y)24.77%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
20.78% of the earnings are spent on dividend by AEM. This is a low number and sustainable payout ratio.
AEM's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP20.78%
EPS Next 2Y59.68%
EPS Next 3Y37.88%
194.33
+3.19 (+1.67%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners72.41%
Inst Owner Change0%
Ins Owners0.06%
Ins Owner ChangeN/A
Market Cap97.48B
Revenue(TTM)10.57B
Net Income(TTM)3.45B
Analysts83.75
Price Target205.27 (5.63%)
Short Float %1.09%
Short Ratio2.1
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.87% |
Yearly Dividend1.34
Dividend Growth(5Y)24.77%
DP20.78%
Div Incr Years0
Div Non Decr Years3
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)0.78%
PT rev (3m)37.97%
EPS NQ rev (1m)0%
EPS NQ rev (3m)19.75%
EPS NY rev (1m)0.99%
EPS NY rev (3m)10.15%
Revenue NQ rev (1m)8.85%
Revenue NQ rev (3m)13.27%
Revenue NY rev (1m)1.38%
Revenue NY rev (3m)4.99%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.2 | ||
| Fwd PE | 18.02 | ||
| P/S | 9.22 | ||
| P/FCF | 26.74 | ||
| P/OCF | 16.7 | ||
| P/B | 4.15 | ||
| P/tB | 5.04 | ||
| EV/EBITDA | 13.71 |
EPS(TTM)6.89
EY3.55%
EPS(NY)10.79
Fwd EY5.55%
FCF(TTM)7.27
FCFY3.74%
OCF(TTM)11.64
OCFY5.99%
SpS21.07
BVpS46.86
TBVpS38.57
PEG (NY)0.3
PEG (5Y)0.83
Graham Number85.23
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 | 7.41 |
F-Score9
WACC9.19%
ROIC/WACC1.39
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 Y92.64%
EPS Next 2Y59.68%
EPS Next 3Y37.88%
EPS Next 5Y8.45%
Revenue 1Y (TTM)35.16%
Revenue growth 3Y28.89%
Revenue growth 5Y27.13%
Sales Q2Q%41.93%
Revenue Next Year40.43%
Revenue Next 2Y29.34%
Revenue Next 3Y17.94%
Revenue Next 5Y3.75%
EBIT growth 1Y94.51%
EBIT growth 3Y42.69%
EBIT growth 5Y46.52%
EBIT Next Year157.69%
EBIT Next 3Y46.15%
EBIT Next 5Y15.05%
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.
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). 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 are the PE and PB ratios of AGNICO EAGLE MINES LTD (AEM) stock?
The Price/Earnings (PE) ratio for AGNICO EAGLE MINES LTD (AEM) is 28.2 and the Price/Book (PB) ratio is 4.15.
Is the dividend of AGNICO EAGLE MINES LTD sustainable?
The dividend rating of AGNICO EAGLE MINES LTD (AEM) is 5 / 10 and the dividend payout ratio is 20.78%.