AGNICO EAGLE MINES LTD (AEM) Stock Fundamental Analysis
USA - NYSE:AEM - CA0084741085 - Common Stock
167.92 USD
+6.51 (+4.03%)
169.95 USD
+2.03 (+1.21%)
AEM gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 154 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 scores decently on growth, while it is valued quite cheap. This could make an interesting combination. This makes AEM very considerable for value 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.
In the past 5 years AEM has always been profitable.
In the past 5 years AEM always reported a positive cash flow from operatings.
1.2 Ratios
With an excellent Return On Assets value of 10.55%, AEM belongs to the best of the industry, outperforming 90.26% of the companies in the same industry.
AEM has a better Return On Equity (14.67%) than 86.36% of its industry peers.
The Return On Invested Capital of AEM (12.78%) is better than 90.26% of its industry peers.
AEM had an Average Return On Invested Capital over the past 3 years of 5.95%. This is significantly below the industry average of 12.61%.
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
AEM has a Profit Margin of 32.62%. This is amongst the best in the industry. AEM outperforms 94.16% of its industry peers.
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 94.81% of its industry peers.
In the last couple of years the Operating Margin of AEM has grown nicely.
AEM has a better Gross Margin (70.29%) than 95.45% 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so AEM is still 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 7.18 indicates that AEM is not in any danger for bankruptcy at the moment.
AEM's Altman-Z score of 7.18 is fine compared to the rest of the industry. AEM outperforms 74.68% 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 Debt to FCF ratio of 0.09. This is amongst the best in the industry. AEM outperforms 96.10% of its industry peers.
A Debt/Equity ratio of 0.01 indicates that AEM is not too dependend on debt financing.
AEM has a Debt to Equity ratio of 0.01. This is in the better half of the industry: AEM outperforms 74.68% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.09 | ||
| Altman-Z | 7.18 |
ROIC/WACC1.57
WACC8.15%
2.3 Liquidity
A Current Ratio of 2.12 indicates that AEM has no problem at all paying its short term obligations.
AEM's Current ratio of 2.12 is in line compared to the rest of the industry. AEM outperforms 42.86% of its industry peers.
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 (1.31) which is comparable to the rest of the 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.
AEM shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 33.97% yearly.
The Revenue has grown by 35.16% in the past year. This is a very strong growth!
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 Y89.97%
EPS Next 2Y53.15%
EPS Next 3Y31.73%
EPS Next 5Y-3.28%
Revenue Next Year38.58%
Revenue Next 2Y26.51%
Revenue Next 3Y15.67%
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
AEM is valuated rather expensively with a Price/Earnings ratio of 24.37.
72.73% of the companies in the same industry are more expensive than AEM, based on the Price/Earnings ratio.
AEM is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.28, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 16.92, AEM is valued correctly.
Compared to the rest of the industry, the Price/Forward Earnings ratio of AEM is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 33.61, AEM is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.37 | ||
| Fwd PE | 16.92 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AEM is valued a bit cheaper than 65.58% of the companies in the same industry.
81.17% 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 | 25.35 | ||
| EV/EBITDA | 13.21 |
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.
A more expensive valuation may be justified as AEM's earnings are expected to grow with 31.73% in the coming years.
PEG (NY)0.27
PEG (5Y)0.72
EPS Next 2Y53.15%
EPS Next 3Y31.73%
5. Dividend
5.1 Amount
With a yearly dividend of 0.99%, AEM is not a good candidate for dividend investing.
AEM's Dividend Yield is a higher than the industry average which is at 2.63.
Compared to an average S&P500 Dividend Yield of 2.36, AEM's dividend is way lower than the S&P500 average.
| 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
20.78% of the earnings are spent on dividend by AEM. This is a low number and sustainable payout ratio.
DP20.78%
EPS Next 2Y53.15%
EPS Next 3Y31.73%
167.92
+6.51 (+4.03%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners71.92%
Inst Owner Change-1.16%
Ins Owners0.08%
Ins Owner ChangeN/A
Market Cap92.40B
Revenue(TTM)10.57B
Net Income(TTM)3.45B
Analysts83.75
Price Target167.46 (-0.27%)
Short Float %1.25%
Short Ratio2.29
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.99% |
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)10.15%
Min EPS beat(2)6.19%
Max EPS beat(2)14.11%
EPS beat(4)4
Avg EPS beat(4)9.64%
Min EPS beat(4)5.95%
Max EPS beat(4)14.11%
EPS beat(8)8
Avg EPS beat(8)12.67%
EPS beat(12)10
Avg EPS beat(12)10.37%
EPS beat(16)13
Avg EPS beat(16)13.4%
Revenue beat(2)2
Avg Revenue beat(2)7.33%
Min Revenue beat(2)5.17%
Max Revenue beat(2)9.49%
Revenue beat(4)3
Avg Revenue beat(4)3.77%
Min Revenue beat(4)-1.08%
Max Revenue beat(4)9.49%
Revenue beat(8)7
Avg Revenue beat(8)4.13%
Revenue beat(12)8
Avg Revenue beat(12)2.32%
Revenue beat(16)10
Avg Revenue beat(16)2.15%
PT rev (1m)12.55%
PT rev (3m)9.91%
EPS NQ rev (1m)10.85%
EPS NQ rev (3m)21.06%
EPS NY rev (1m)8.63%
EPS NY rev (3m)51.58%
Revenue NQ rev (1m)6.8%
Revenue NQ rev (3m)10.54%
Revenue NY rev (1m)3.61%
Revenue NY rev (3m)10.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.37 | ||
| Fwd PE | 16.92 | ||
| P/S | 8.74 | ||
| P/FCF | 25.35 | ||
| P/OCF | 15.83 | ||
| P/B | 3.93 | ||
| P/tB | 4.78 | ||
| EV/EBITDA | 13.21 |
EPS(TTM)6.89
EY4.1%
EPS(NY)9.92
Fwd EY5.91%
FCF(TTM)6.62
FCFY3.94%
OCF(TTM)10.61
OCFY6.32%
SpS19.2
BVpS42.72
TBVpS35.16
PEG (NY)0.27
PEG (5Y)0.72
Graham Number81.38
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 | 7.18 |
F-Score9
WACC8.15%
ROIC/WACC1.57
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 Y89.97%
EPS Next 2Y53.15%
EPS Next 3Y31.73%
EPS Next 5Y-3.28%
Revenue 1Y (TTM)35.16%
Revenue growth 3Y28.89%
Revenue growth 5Y27.13%
Sales Q2Q%41.93%
Revenue Next Year38.58%
Revenue Next 2Y26.51%
Revenue Next 3Y15.67%
Revenue Next 5Y-3.66%
EBIT growth 1Y94.51%
EBIT growth 3Y42.69%
EBIT growth 5Y46.52%
EBIT Next Year155.16%
EBIT Next 3Y42.92%
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 24.37 and the Price/Book (PB) ratio is 3.93.
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 89.97% in the next year.