AGNICO EAGLE MINES LTD (AEM) Stock Fundamental Analysis
NYSE:AEM - New York Stock Exchange, Inc. - CA0084741085 - Common Stock - Currency: USD
AEM gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 157 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 correct valuation and a medium growth rate. These ratings could make AEM a good candidate 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.
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
With an excellent Return On Assets value of 7.72%, AEM belongs to the best of the industry, outperforming 84.08% of the companies in the same industry.
The Return On Equity of AEM (10.92%) is better than 80.89% of its industry peers.
AEM has a Return On Invested Capital of 9.60%. This is amongst the best in the industry. AEM outperforms 83.44% of its industry peers.
The Average Return On Invested Capital over the past 3 years for AEM is significantly below the industry average of 12.11%.
The last Return On Invested Capital (9.60%) for AEM is above the 3 year average (5.95%), which is a sign of increasing profitability.
| 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
The Profit Margin of AEM (26.48%) is better than 92.99% of its industry peers.
In the last couple of years the Profit Margin of AEM has grown nicely.
AEM has a Operating Margin of 42.24%. This is amongst the best in the industry. AEM outperforms 93.63% of its industry peers.
In the last couple of years the Operating Margin of AEM has grown nicely.
The Gross Margin of AEM (65.64%) is better than 96.18% of its industry peers.
AEM's Gross Margin has improved in the last couple of years.
| 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.
Compared to 1 year ago, AEM has more shares outstanding
AEM has more shares outstanding than it did 5 years ago.
AEM has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 5.47 indicates that AEM is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 5.47, AEM is in the better half of the industry, outperforming 74.52% of the companies in the same industry.
The Debt to FCF ratio of AEM is 0.55, which is an excellent value as it means it would take AEM, only 0.55 years of fcf income to pay off all of its debts.
AEM has a Debt to FCF ratio of 0.55. This is amongst the best in the industry. AEM outperforms 91.72% of its industry peers.
AEM has a Debt/Equity ratio of 0.05. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of AEM (0.05) is better than 67.52% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.05 | ||
| Debt/FCF | 0.55 | ||
| Altman-Z | 5.47 |
ROIC/WACC1.12
WACC8.58%
2.3 Liquidity
A Current Ratio of 2.37 indicates that AEM has no problem at all paying its short term obligations.
The Current ratio of AEM (2.37) is comparable to the rest of the industry.
A Quick Ratio of 1.20 indicates that AEM should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.20, AEM is doing worse than 61.15% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.37 | ||
| Quick Ratio | 1.2 |
3. Growth
3.1 Past
AEM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 106.69%, which is quite impressive.
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.
The Revenue has grown by 25.03% 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)106.69%
EPS 3Y20.13%
EPS 5Y33.97%
EPS Q2Q%81.31%
Revenue 1Y (TTM)25.03%
Revenue growth 3Y28.89%
Revenue growth 5Y27.13%
Sales Q2Q%35.61%
3.2 Future
Based on estimates for the next years, AEM will show a small growth in Earnings Per Share. The EPS will grow by 0.81% on average per year.
The Revenue is expected to decrease by -0.96% on average over the next years.
EPS Next Y25.33%
EPS Next 2Y11.82%
EPS Next 3Y4.75%
EPS Next 5Y0.81%
Revenue Next Year25.94%
Revenue Next 2Y13.29%
Revenue Next 3Y8.01%
Revenue Next 5Y-0.96%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
The Price/Earnings ratio is 23.23, which indicates a rather expensive current valuation of AEM.
70.06% of the companies in the same industry are more expensive than AEM, based on the Price/Earnings ratio.
AEM's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.54.
A Price/Forward Earnings ratio of 25.78 indicates a quite expensive valuation of AEM.
AEM's Price/Forward Earnings ratio is in line with the industry average.
AEM is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 35.28, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.23 | ||
| Fwd PE | 25.78 |
4.2 Price Multiples
62.42% 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 76.43% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 29.48 | ||
| EV/EBITDA | 12.8 |
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)0.92
PEG (5Y)0.68
EPS Next 2Y11.82%
EPS Next 3Y4.75%
5. Dividend
5.1 Amount
AEM has a Yearly Dividend Yield of 1.20%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.68, AEM pays a bit more dividend than its industry peers.
With a Dividend Yield of 1.20, AEM pays less dividend than the S&P500 average, which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.2% |
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
AEM pays out 29.20% of its income as dividend. This is a 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 (8/8/2025, 12:48:43 PM)
136.355
+0.57 (+0.42%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners71.92%
Inst Owner Change-0.29%
Ins Owners0.08%
Ins Owner ChangeN/A
Market Cap68.55B
Analysts83.75
Price Target152.36 (11.74%)
Short Float %1.62%
Short Ratio2.89
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.2% |
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)-0.18%
PT rev (3m)17.6%
EPS NQ rev (1m)8.46%
EPS NQ rev (3m)22.74%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)5.11%
Revenue NY rev (1m)3.2%
Revenue NY rev (3m)8.68%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.23 | ||
| Fwd PE | 25.78 | ||
| P/S | 7.68 | ||
| P/FCF | 29.48 | ||
| P/OCF | 16.24 | ||
| P/B | 3.17 | ||
| P/tB | 3.92 | ||
| EV/EBITDA | 12.8 |
EPS(TTM)5.87
EY4.3%
EPS(NY)5.29
Fwd EY3.88%
FCF(TTM)4.63
FCFY3.39%
OCF(TTM)8.4
OCFY6.16%
SpS17.75
BVpS43.05
TBVpS34.78
PEG (NY)0.92
PEG (5Y)0.68
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 | 5.47 |
F-Score8
WACC8.58%
ROIC/WACC1.12
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 Y25.33%
EPS Next 2Y11.82%
EPS Next 3Y4.75%
EPS Next 5Y0.81%
Revenue 1Y (TTM)25.03%
Revenue growth 3Y28.89%
Revenue growth 5Y27.13%
Sales Q2Q%35.61%
Revenue Next Year25.94%
Revenue Next 2Y13.29%
Revenue Next 3Y8.01%
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%