AGNICO EAGLE MINES LTD (AEM)
CA0084741085 - Common Stock
Taking everything into account, AEM scores 5 out of 10 in our fundamental rating. AEM was compared to 155 industry peers in the Metals & Mining industry. AEM scores excellent on profitability, but there are some minor concerns on its financial health. AEM has a correct valuation and a medium growth rate.
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.
In the past 5 years AEM always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of AEM (6.77%) is better than 81.29% of its industry peers.
AEM's Return On Equity of 9.99% is fine compared to the rest of the industry. AEM outperforms 79.35% of its industry peers.
With a decent Return On Invested Capital value of 4.46%, AEM is doing good in the industry, outperforming 61.94% of the companies in the same industry.
AEM had an Average Return On Invested Capital over the past 3 years of 5.79%. This is below the industry average of 9.26%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.77% | ||
| ROE | 9.99% | ||
| ROIC | 4.46% |
ROA(3y)5.04%
ROA(5y)5.17%
ROE(3y)7.83%
ROE(5y)8.35%
ROIC(3y)5.79%
ROIC(5y)5.59%
1.3 Margins
AEM's Profit Margin of 29.29% is amongst the best of the industry. AEM outperforms 96.77% of its industry peers.
In the last couple of years the Profit Margin of AEM has grown nicely.
AEM has a better Operating Margin (26.15%) than 85.81% 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 55.78%, AEM belongs to the best of the industry, outperforming 90.32% 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 | 26.15% | ||
| PM (TTM) | 29.29% | ||
| GM | 55.78% |
OM growth 3Y-0.11%
OM growth 5Y24.29%
PM growth 3Y21.57%
PM growth 5YN/A
GM growth 3Y0.68%
GM growth 5Y3.45%
2. Health
2.1 Basic Checks
AEM has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
AEM has more shares outstanding than it did 1 year ago.
AEM has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, AEM has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.52 indicates that AEM is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 2.52, AEM perfoms like the industry average, outperforming 49.68% of the companies in the same industry.
AEM has a debt to FCF ratio of 2.12. This is a good value and a sign of high solvency as AEM would need 2.12 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 2.12, AEM is in the better half of the industry, outperforming 78.06% of the companies in the same industry.
A Debt/Equity ratio of 0.10 indicates that AEM is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.10, AEM is in line with its industry, outperforming 58.06% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 2.12 | ||
| Altman-Z | 2.52 |
ROIC/WACC0.57
WACC7.88%
2.3 Liquidity
A Current Ratio of 2.09 indicates that AEM has no problem at all paying its short term obligations.
AEM's Current ratio of 2.09 is in line compared to the rest of the industry. AEM outperforms 40.65% of its industry peers.
A Quick Ratio of 0.74 indicates that AEM may have some problems paying its short term obligations.
AEM has a worse Quick ratio (0.74) than 85.81% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.09 | ||
| Quick Ratio | 0.74 |
3. Growth
3.1 Past
The earnings per share for AEM have decreased by -2.62% in the last year.
Measured over the past years, AEM shows a very strong growth in Earnings Per Share. The EPS has been growing by 48.38% on average per year.
AEM shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 15.43%.
AEM shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 24.77% yearly.
EPS 1Y (TTM)-2.62%
EPS 3Y6.23%
EPS 5Y48.38%
EPS growth Q2Q39.02%
Revenue 1Y (TTM)15.43%
Revenue growth 3Y28.3%
Revenue growth 5Y24.77%
Revenue growth Q2Q26.86%
3.2 Future
The Earnings Per Share is expected to decrease by -4.54% on average over the next years.
AEM is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -0.86% yearly.
EPS Next Y8.25%
EPS Next 2Y6.81%
EPS Next 3Y2.91%
EPS Next 5Y-4.54%
Revenue Next Year9.25%
Revenue Next 2Y5.91%
Revenue Next 3Y4%
Revenue Next 5Y-0.86%
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 27.69, 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 63.23% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of AEM to the average of the S&P500 Index (25.05), we can say AEM is valued inline with the index average.
AEM is valuated quite expensively with a Price/Forward Earnings ratio of 25.58.
AEM's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of AEM to the average of the S&P500 Index (21.53), we can say AEM is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.69 | ||
| Fwd PE | 25.58 |
4.2 Price Multiples
62.58% of the companies in the same industry are more expensive than AEM, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of AEM indicates a somewhat cheap valuation: AEM is cheaper than 71.61% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 32.51 | ||
| EV/EBITDA | 10.02 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates AEM does not grow enough to justify the current Price/Earnings ratio.
The excellent profitability rating of AEM may justify a higher PE ratio.
PEG (NY)3.36
PEG (5Y)0.57
EPS Next 2Y6.81%
EPS Next 3Y2.91%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.56%, AEM has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.87, AEM pays a better dividend. On top of this AEM pays more dividend than 86.45% of the companies listed in the same industry.
AEM's Dividend Yield is comparable with the S&P500 average which is at 2.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.56% |
5.2 History
On average, the dividend of AEM grows each year by 30.06%, which is quite nice.
AEM has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of AEM decreased in the last 3 years.
Dividend Growth(5Y)30.06%
Div Incr Years0
Div Non Decr Years2
5.3 Sustainability
AEM pays out 32.90% of its income as dividend. This is a sustainable payout ratio.
DP32.9%
EPS Next 2Y6.81%
EPS Next 3Y2.91%
AGNICO EAGLE MINES LTD
NYSE:AEM (4/16/2024, 4:05:00 PM)
After market: 61.74 0 (0%)61.74
+0.31 (+0.5%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap30.80B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.56% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(4)
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EPS beat(8)
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EPS beat(12)
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EPS beat(16)
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Revenue beat(2)
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Revenue beat(8)
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Revenue beat(12)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.69 | ||
| Fwd PE | 25.58 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)3.36
PEG (5Y)0.57
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.77% | ||
| ROE | 9.99% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 26.15% | ||
| PM (TTM) | 29.29% | ||
| GM | 55.78% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.23
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.09 | ||
| Quick Ratio | 0.74 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-2.62%
EPS 3Y6.23%
EPS 5Y
EPS growth Q2Q
EPS Next Y8.25%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)15.43%
Revenue growth 3Y28.3%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y