AGNICO EAGLE MINES LTD (AEM) Stock Fundamental Analysis
USA - NYSE:AEM - CA0084741085 - Common Stock
185.52 USD
+6.78 (+3.79%)
181.26 USD
-4.26 (-2.3%)
Overall AEM gets a fundamental rating of 7 out of 10. We evaluated AEM against 156 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 decent growth rate and is not valued too expensively. With these ratings, AEM could be worth investigating further 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.
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
The Return On Assets of AEM (9.34%) is better than 89.10% of its industry peers.
AEM has a better Return On Equity (13.13%) than 84.62% of its industry peers.
With an excellent Return On Invested Capital value of 11.16%, AEM belongs to the best of the industry, outperforming 88.46% 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 12.18%.
The 3 year average ROIC (5.95%) for AEM is below the current ROIC(11.16%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.34% | ||
| ROE | 13.13% | ||
| ROIC | 11.16% |
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 has a better Profit Margin (30.63%) than 94.87% of its industry peers.
AEM's Profit Margin has improved in the last couple of years.
AEM's Operating Margin of 46.34% is amongst the best of the industry. AEM outperforms 94.87% of its industry peers.
In the last couple of years the Operating Margin of AEM has grown nicely.
Looking at the Gross Margin, with a value of 68.09%, AEM belongs to the top of the industry, outperforming 95.51% 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 | 46.34% | ||
| PM (TTM) | 30.63% | ||
| GM | 68.09% |
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
Compared to 5 years ago, AEM has more shares outstanding
AEM has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 7.11 indicates that AEM is not in any danger for bankruptcy at the moment.
AEM has a Altman-Z score of 7.11. This is in the better half of the industry: AEM outperforms 71.79% of its industry peers.
The Debt to FCF ratio of AEM is 0.24, which is an excellent value as it means it would take AEM, only 0.24 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 0.24, AEM belongs to the best of the industry, outperforming 94.87% of the companies in the same industry.
A Debt/Equity ratio of 0.03 indicates that AEM is not too dependend on debt financing.
The Debt to Equity ratio of AEM (0.03) is better than 70.51% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.24 | ||
| Altman-Z | 7.11 |
ROIC/WACC1.26
WACC8.87%
2.3 Liquidity
A Current Ratio of 2.03 indicates that AEM has no problem at all paying its short term obligations.
AEM has a Current ratio (2.03) which is comparable to the rest of the industry.
AEM has a Quick Ratio of 1.16. This is a normal value and indicates that AEM is financially healthy and should not expect problems in meeting its short term obligations.
With a Quick ratio value of 1.16, AEM is not doing good in the industry: 61.54% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.03 | ||
| Quick Ratio | 1.16 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 106.69% over the past year.
Measured over the past years, AEM shows a very strong growth in Earnings Per Share. The EPS has been growing by 33.97% on average per year.
AEM shows a strong growth in Revenue. In the last year, the Revenue has grown by 32.28%.
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)106.69%
EPS 3Y20.13%
EPS 5Y33.97%
EPS Q2Q%81.31%
Revenue 1Y (TTM)32.28%
Revenue growth 3Y28.89%
Revenue growth 5Y27.13%
Sales Q2Q%35.61%
3.2 Future
The Earnings Per Share is expected to decrease by -4.08% 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 -3.66% on average per year.
EPS Next Y74.89%
EPS Next 2Y37.12%
EPS Next 3Y19.2%
EPS Next 5Y-4.08%
Revenue Next Year33.75%
Revenue Next 2Y19.29%
Revenue Next 3Y9.7%
Revenue Next 5Y-3.66%
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.
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
Based on the Price/Earnings ratio of 31.60, the valuation of AEM can be described as expensive.
Based on the Price/Earnings ratio, AEM is valued a bit cheaper than 69.87% of the companies in the same industry.
AEM's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.29.
Based on the Price/Forward Earnings ratio of 23.33, the valuation of AEM can be described as rather expensive.
The rest of the industry has a similar Price/Forward Earnings ratio as AEM.
The average S&P500 Price/Forward Earnings ratio is at 22.85. AEM is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.6 | ||
| Fwd PE | 23.33 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AEM is valued a bit cheaper than 64.10% of the companies in the same industry.
AEM's Price/Free Cash Flow ratio is rather cheap when compared to the industry. AEM is cheaper than 80.77% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 30.34 | ||
| EV/EBITDA | 15.26 |
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.
A more expensive valuation may be justified as AEM's earnings are expected to grow with 19.20% in the coming years.
PEG (NY)0.42
PEG (5Y)0.93
EPS Next 2Y37.12%
EPS Next 3Y19.2%
5. Dividend
5.1 Amount
With a yearly dividend of 0.99%, AEM is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 2.41, AEM pays a bit more dividend than its industry peers.
With a Dividend Yield of 0.99, AEM pays less dividend than the S&P500 average, which is at 2.38.
| 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 23.87% of its income as dividend. This is a sustainable payout ratio.
DP23.87%
EPS Next 2Y37.12%
EPS Next 3Y19.2%
185.52
+6.78 (+3.79%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners71.92%
Inst Owner Change0.01%
Ins Owners0.08%
Ins Owner ChangeN/A
Market Cap93.19B
Analysts83.75
Price Target148.78 (-19.8%)
Short Float %1.53%
Short Ratio2.61
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.99% |
Yearly Dividend1.34
Dividend Growth(5Y)24.77%
DP23.87%
Div Incr Years0
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)13.22%
Min EPS beat(2)12.33%
Max EPS beat(2)14.11%
EPS beat(4)4
Avg EPS beat(4)10.59%
Min EPS beat(4)5.95%
Max EPS beat(4)14.11%
EPS beat(8)7
Avg EPS beat(8)10.88%
EPS beat(12)10
Avg EPS beat(12)11.44%
EPS beat(16)13
Avg EPS beat(16)13.04%
Revenue beat(2)2
Avg Revenue beat(2)5.49%
Min Revenue beat(2)1.49%
Max Revenue beat(2)9.49%
Revenue beat(4)3
Avg Revenue beat(4)2.79%
Min Revenue beat(4)-1.08%
Max Revenue beat(4)9.49%
Revenue beat(8)6
Avg Revenue beat(8)3.24%
Revenue beat(12)7
Avg Revenue beat(12)1.84%
Revenue beat(16)10
Avg Revenue beat(16)2%
PT rev (1m)1.69%
PT rev (3m)4.69%
EPS NQ rev (1m)1.88%
EPS NQ rev (3m)25.66%
EPS NY rev (1m)0.96%
EPS NY rev (3m)39.54%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.11%
Revenue NY rev (1m)0.4%
Revenue NY rev (3m)9.6%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.6 | ||
| Fwd PE | 23.33 | ||
| P/S | 9.64 | ||
| P/FCF | 30.34 | ||
| P/OCF | 18.25 | ||
| P/B | 4.13 | ||
| P/tB | 5.07 | ||
| EV/EBITDA | 15.26 |
EPS(TTM)5.87
EY3.16%
EPS(NY)7.95
Fwd EY4.29%
FCF(TTM)6.11
FCFY3.3%
OCF(TTM)10.16
OCFY5.48%
SpS19.24
BVpS44.87
TBVpS36.6
PEG (NY)0.42
PEG (5Y)0.93
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.34% | ||
| ROE | 13.13% | ||
| ROCE | 14.94% | ||
| ROIC | 11.16% | ||
| ROICexc | 11.78% | ||
| ROICexgc | 13.8% | ||
| OM | 46.34% | ||
| PM (TTM) | 30.63% | ||
| GM | 68.09% | ||
| FCFM | 31.79% |
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-Score9
Asset Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.24 | ||
| Debt/EBITDA | 0.11 | ||
| Cap/Depr | 129.4% | ||
| Cap/Sales | 21.05% | ||
| Interest Coverage | 48.56 | ||
| Cash Conversion | 84.4% | ||
| Profit Quality | 103.78% | ||
| Current Ratio | 2.03 | ||
| Quick Ratio | 1.16 | ||
| Altman-Z | 7.11 |
F-Score9
WACC8.87%
ROIC/WACC1.26
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)106.69%
EPS 3Y20.13%
EPS 5Y33.97%
EPS Q2Q%81.31%
EPS Next Y74.89%
EPS Next 2Y37.12%
EPS Next 3Y19.2%
EPS Next 5Y-4.08%
Revenue 1Y (TTM)32.28%
Revenue growth 3Y28.89%
Revenue growth 5Y27.13%
Sales Q2Q%35.61%
Revenue Next Year33.75%
Revenue Next 2Y19.29%
Revenue Next 3Y9.7%
Revenue Next 5Y-3.66%
EBIT growth 1Y104.39%
EBIT growth 3Y42.69%
EBIT growth 5Y46.52%
EBIT Next Year141.28%
EBIT Next 3Y30.49%
EBIT Next 5Y8.03%
FCF growth 1Y350.06%
FCF growth 3Y68.02%
FCF growth 5YN/A
OCF growth 1Y119.38%
OCF growth 3Y43.33%
OCF growth 5Y35.05%