AGNICO EAGLE MINES LTD (AEM) Stock Fundamental Analysis
NYSE:AEM - New York Stock Exchange, Inc. - CA0084741085 - Common Stock - Currency: USD
We assign a fundamental rating of 7 out of 10 to AEM. AEM was compared to 154 industry peers in the Metals & Mining industry. Both the health and profitability get an excellent rating, making AEM a very profitable company, without any liquidiy or solvency issues. AEM is not valued too expensively and it also shows a decent growth rate. With these ratings, AEM could be worth investigating further for 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.
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
AEM's Return On Assets of 7.72% is amongst the best of the industry. AEM outperforms 85.06% of its industry peers.
AEM has a better Return On Equity (10.92%) than 80.52% of its industry peers.
AEM has a Return On Invested Capital of 9.60%. This is amongst the best in the industry. AEM outperforms 84.42% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for AEM is significantly below the industry average of 11.67%.
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
With an excellent Profit Margin value of 26.48%, AEM belongs to the best of the industry, outperforming 94.16% of the companies in the same industry.
AEM's Profit Margin has improved in the last couple of years.
The Operating Margin of AEM (42.24%) is better than 93.51% of its industry peers.
AEM's Operating Margin has improved in the last couple of years.
AEM's Gross Margin of 65.64% is amongst the best of the industry. AEM outperforms 96.10% of its industry peers.
In the last couple of years the Gross Margin of AEM has grown nicely.
| 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
AEM has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is 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.
Compared to 1 year ago, AEM has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 4.89 indicates that AEM is not in any danger for bankruptcy at the moment.
The Altman-Z score of AEM (4.89) is better than 72.73% of its industry peers.
AEM has a debt to FCF ratio of 0.55. This is a very positive value and a sign of high solvency as it would only need 0.55 years to pay back of all of its debts.
AEM's Debt to FCF ratio of 0.55 is amongst the best of the industry. AEM outperforms 92.21% of its industry peers.
A Debt/Equity ratio of 0.05 indicates that AEM is not too dependend on debt financing.
AEM has a Debt to Equity ratio of 0.05. This is in the better half of the industry: AEM outperforms 68.18% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.05 | ||
| Debt/FCF | 0.55 | ||
| Altman-Z | 4.89 |
ROIC/WACC1.1
WACC8.71%
2.3 Liquidity
A Current Ratio of 2.37 indicates that AEM has no problem at all paying its short term obligations.
AEM has a Current ratio (2.37) which is in line with its industry peers.
A Quick Ratio of 1.20 indicates that AEM should not have too much problems paying its short term obligations.
AEM has a Quick ratio (1.20) which is in line with 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.
Looking at the last year, AEM shows a very strong growth in Revenue. The Revenue has grown by 28.46%.
The Revenue has been growing by 27.13% on average over the past years. This is a very strong growth!
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
AEM is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 0.81% yearly.
Based on estimates for the next years, AEM will show a decrease in Revenue. The Revenue will decrease by -0.96% on average per year.
EPS Next Y25.33%
EPS Next 2Y11.82%
EPS Next 3Y4.75%
EPS Next 5Y0.81%
Revenue Next Year22.03%
Revenue Next 2Y10.06%
Revenue Next 3Y6.59%
Revenue Next 5Y-0.96%
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
Based on the Price/Earnings ratio of 23.63, the valuation of AEM can be described as rather expensive.
71.43% of the companies in the same industry are more expensive than AEM, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 27.48. AEM is around the same levels.
With a Price/Forward Earnings ratio of 22.34, AEM is valued on the expensive side.
AEM's Price/Forward Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.52, AEM is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.63 | ||
| Fwd PE | 22.34 |
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.
76.62% 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 | 25.54 | ||
| EV/EBITDA | 11.18 |
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.
PEG (NY)0.93
PEG (5Y)0.7
EPS Next 2Y11.82%
EPS Next 3Y4.75%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.39%, AEM has a reasonable but not impressive dividend return.
AEM's Dividend Yield is a higher than the industry average which is at 2.90.
Compared to an average S&P500 Dividend Yield of 2.34, AEM's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.39% |
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
29.20% 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.
DP29.2%
EPS Next 2Y11.82%
EPS Next 3Y4.75%
NYSE:AEM (7/18/2025, 3:19:00 PM)
118.145
-0.47 (-0.39%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners71.92%
Inst Owner Change0%
Ins Owners0.08%
Ins Owner ChangeN/A
Market Cap59.39B
Analysts83.53
Price Target142.12 (20.29%)
Short Float %1.68%
Short Ratio2.71
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.39% |
Yearly Dividend1.34
Dividend Growth(5Y)24.77%
DP29.2%
Div Incr Years0
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)9.14%
Min EPS beat(2)5.95%
Max EPS beat(2)12.33%
EPS beat(4)4
Avg EPS beat(4)11.01%
Min EPS beat(4)5.95%
Max EPS beat(4)15.78%
EPS beat(8)7
Avg EPS beat(8)11.21%
EPS beat(12)10
Avg EPS beat(12)12.68%
EPS beat(16)13
Avg EPS beat(16)13.25%
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)3.07%
PT rev (3m)24.53%
EPS NQ rev (1m)10.86%
EPS NQ rev (3m)33.03%
EPS NY rev (1m)0%
EPS NY rev (3m)7.39%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)5.8%
Revenue NY rev (1m)0%
Revenue NY rev (3m)9.08%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.63 | ||
| Fwd PE | 22.34 | ||
| P/S | 6.66 | ||
| P/FCF | 25.54 | ||
| P/OCF | 14.07 | ||
| P/B | 2.74 | ||
| P/tB | 3.4 | ||
| EV/EBITDA | 11.18 |
EPS(TTM)5
EY4.23%
EPS(NY)5.29
Fwd EY4.48%
FCF(TTM)4.63
FCFY3.92%
OCF(TTM)8.4
OCFY7.11%
SpS17.75
BVpS43.05
TBVpS34.78
PEG (NY)0.93
PEG (5Y)0.7
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 | 4.89 |
F-Score8
WACC8.71%
ROIC/WACC1.1
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 5Y0.81%
Revenue 1Y (TTM)28.46%
Revenue growth 3Y28.89%
Revenue growth 5Y27.13%
Sales Q2Q%34.89%
Revenue Next Year22.03%
Revenue Next 2Y10.06%
Revenue Next 3Y6.59%
Revenue Next 5Y-0.96%
EBIT growth 1Y101.89%
EBIT growth 3Y42.69%
EBIT growth 5Y46.52%
EBIT Next Year107.37%
EBIT Next 3Y24.69%
EBIT Next 5Y7.92%
FCF growth 1Y281.95%
FCF growth 3Y68.02%
FCF growth 5YN/A
OCF growth 1Y88.58%
OCF growth 3Y43.33%
OCF growth 5Y35.05%