AGNICO EAGLE MINES LTD (AEM) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:AEM - CA0084741085 - Common Stock
183.21 USD
+1.87 (+1.03%)
183.5 USD
+0.29 (+0.16%)
Overall AEM gets a fundamental rating of 7 out of 10. We evaluated AEM against 156 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 valued quite cheap, while showing a decent growth score. This is a good combination! These ratings would make AEM suitable for value and 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.
AEM had positive earnings in each of the past 5 years.
In the past 5 years AEM always reported a positive cash flow from operatings.
1.2 Ratios
AEM's Return On Assets of 10.55% is amongst the best of the industry. AEM outperforms 89.10% 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 85.90% of the companies in the same industry.
With an excellent Return On Invested Capital value of 12.78%, AEM belongs to the best of the industry, outperforming 86.54% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for AEM is significantly below the industry average of 13.25%.
The last Return On Invested Capital (12.78%) for AEM is above the 3 year average (5.95%), which is a sign of increasing profitability.
| 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
Looking at the Profit Margin, with a value of 32.62%, AEM belongs to the top of the industry, outperforming 94.87% of the companies in the same industry.
AEM's Profit Margin has improved in the last couple of years.
AEM's Operating Margin of 49.49% is amongst the best of the industry. AEM outperforms 94.87% of its industry peers.
AEM's Operating Margin has improved in the last couple of years.
AEM's Gross Margin of 70.29% is amongst the best of the industry. AEM outperforms 95.51% 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
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
AEM has an Altman-Z score of 7.15. This indicates that AEM is financially healthy and has little risk of bankruptcy at the moment.
AEM has a better Altman-Z score (7.15) than 71.79% of its industry peers.
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.
Looking at the Debt to FCF ratio, with a value of 0.09, AEM belongs to the top of the industry, outperforming 95.51% of the companies in the same industry.
A Debt/Equity ratio of 0.01 indicates that AEM is not too dependend on debt financing.
AEM's Debt to Equity ratio of 0.01 is fine compared to the rest of the industry. AEM outperforms 71.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.09 | ||
| Altman-Z | 7.15 |
ROIC/WACC1.38
WACC9.28%
2.3 Liquidity
AEM has a Current Ratio of 2.12. This indicates that AEM is financially healthy and has no problem in meeting its short term obligations.
With a Current ratio value of 2.12, AEM perfoms like the industry average, outperforming 41.67% 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.
Looking at the Quick ratio, with a value of 1.31, AEM is in line with its industry, outperforming 40.38% of the companies in the same 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.
The Earnings Per Share has been growing by 33.97% on average over the past years. This is a very strong growth
Looking at the last year, AEM shows a very strong growth in Revenue. 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
AEM is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -3.28% yearly.
AEM is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -3.66% yearly.
EPS Next Y90.76%
EPS Next 2Y57.27%
EPS Next 3Y34.93%
EPS Next 5Y-3.28%
Revenue Next Year39.47%
Revenue Next 2Y29.07%
Revenue Next 3Y18.21%
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.
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
The Price/Earnings ratio is 26.59, which means the current valuation is very expensive for AEM.
Based on the Price/Earnings ratio, AEM is valued a bit cheaper than 73.72% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.92, AEM is valued at the same level.
With a Price/Forward Earnings ratio of 17.51, AEM is valued on the expensive side.
Based on the Price/Forward Earnings ratio, AEM is valued a bit cheaper than 62.18% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.46. AEM is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.59 | ||
| Fwd PE | 17.51 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AEM is valued a bit cheaper than the industry average as 67.95% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, AEM is valued cheaper than 83.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.21 | ||
| EV/EBITDA | 13.13 |
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.
The excellent profitability rating of AEM may justify a higher PE ratio.
AEM's earnings are expected to grow with 34.93% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.29
PEG (5Y)0.78
EPS Next 2Y57.27%
EPS Next 3Y34.93%
5. Dividend
5.1 Amount
With a yearly dividend of 0.90%, AEM is not a good candidate for dividend investing.
AEM's Dividend Yield is a higher than the industry average which is at 0.98.
Compared to an average S&P500 Dividend Yield of 2.00, AEM's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.9% |
5.2 History
On average, the dividend of AEM grows each year by 24.77%, which is quite nice.
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
20.78% of the earnings are spent on dividend by AEM. This is a low number and sustainable payout ratio.
DP20.78%
EPS Next 2Y57.27%
EPS Next 3Y34.93%
183.21
+1.87 (+1.03%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners72.34%
Inst Owner Change1.08%
Ins Owners0.06%
Ins Owner ChangeN/A
Market Cap91.90B
Revenue(TTM)10.57B
Net Income(TTM)3.45B
Analysts83.75
Price Target205.27 (12.04%)
Short Float %1.39%
Short Ratio2.66
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.9% |
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)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)6.97%
PT rev (3m)39.95%
EPS NQ rev (1m)0%
EPS NQ rev (3m)23.26%
EPS NY rev (1m)-0.14%
EPS NY rev (3m)9.07%
Revenue NQ rev (1m)8.85%
Revenue NQ rev (3m)13.27%
Revenue NY rev (1m)0.58%
Revenue NY rev (3m)4.69%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.59 | ||
| Fwd PE | 17.51 | ||
| P/S | 8.7 | ||
| P/FCF | 25.21 | ||
| P/OCF | 15.74 | ||
| P/B | 3.91 | ||
| P/tB | 4.75 | ||
| EV/EBITDA | 13.13 |
EPS(TTM)6.89
EY3.76%
EPS(NY)10.46
Fwd EY5.71%
FCF(TTM)7.27
FCFY3.97%
OCF(TTM)11.64
OCFY6.35%
SpS21.07
BVpS46.86
TBVpS38.57
PEG (NY)0.29
PEG (5Y)0.78
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 | 7.15 |
F-Score9
WACC9.28%
ROIC/WACC1.38
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 Y90.76%
EPS Next 2Y57.27%
EPS Next 3Y34.93%
EPS Next 5Y-3.28%
Revenue 1Y (TTM)35.16%
Revenue growth 3Y28.89%
Revenue growth 5Y27.13%
Sales Q2Q%41.93%
Revenue Next Year39.47%
Revenue Next 2Y29.07%
Revenue Next 3Y18.21%
Revenue Next 5Y-3.66%
EBIT growth 1Y94.51%
EBIT growth 3Y42.69%
EBIT growth 5Y46.52%
EBIT Next Year155.8%
EBIT Next 3Y45.66%
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 26.59 and the Price/Book (PB) ratio is 3.91.
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 90.76% in the next year.