ALPHAMIN RESOURCES CORP (AFM.CA) Stock Fundamental Analysis
TSX-V:AFM - TSX Venture Exchange - MU0456S00006 - Common Stock - Currency: CAD
AFM gets a fundamental rating of 8 out of 10. The analysis compared the fundamentals against 797 industry peers in the Metals & Mining industry. AFM has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. AFM is evaluated to be cheap and growing strongly. This does not happen too often! With these ratings, AFM could be worth investigating further for value and growth and quality investing!.
1. Profitability
1.1 Basic Checks
AFM had positive earnings in the past year.
In the past year AFM had a positive cash flow from operations.
Of the past 5 years AFM 4 years were profitable.
AFM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 16.90%, AFM belongs to the best of the industry, outperforming 96.24% of the companies in the same industry.
AFM has a Return On Equity of 28.97%. This is amongst the best in the industry. AFM outperforms 96.86% of its industry peers.
Looking at the Return On Invested Capital, with a value of 25.92%, AFM belongs to the top of the industry, outperforming 99.25% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for AFM is significantly above the industry average of 11.45%.
The last Return On Invested Capital (25.92%) for AFM is above the 3 year average (23.24%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.9% | ||
| ROE | 28.97% | ||
| ROIC | 25.92% |
ROA(3y)15.72%
ROA(5y)11.13%
ROE(3y)25.6%
ROE(5y)17.84%
ROIC(3y)23.24%
ROIC(5y)21.08%
1.3 Margins
AFM has a better Profit Margin (19.24%) than 95.23% of its industry peers.
AFM's Profit Margin has been stable in the last couple of years.
AFM has a better Operating Margin (40.88%) than 97.62% of its industry peers.
In the last couple of years the Operating Margin of AFM has declined.
AFM's Gross Margin of 47.18% is amongst the best of the industry. AFM outperforms 95.36% of its industry peers.
AFM's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 40.88% | ||
| PM (TTM) | 19.24% | ||
| GM | 47.18% |
OM growth 3Y-4.95%
OM growth 5YN/A
PM growth 3Y11.8%
PM growth 5Y0.85%
GM growth 3Y-4.25%
GM growth 5Y2%
2. Health
2.1 Basic Checks
AFM has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
AFM has more shares outstanding than it did 1 year ago.
AFM has more shares outstanding than it did 5 years ago.
AFM has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 4.39 indicates that AFM is not in any danger for bankruptcy at the moment.
The Altman-Z score of AFM (4.39) is better than 62.61% of its industry peers.
The Debt to FCF ratio of AFM is 0.57, which is an excellent value as it means it would take AFM, only 0.57 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.57, AFM belongs to the top of the industry, outperforming 95.48% of the companies in the same industry.
A Debt/Equity ratio of 0.19 indicates that AFM is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.19, AFM is doing worse than 66.88% of the companies in the same industry.
Although AFM does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 0.57 | ||
| Altman-Z | 4.39 |
ROIC/WACC2.75
WACC9.43%
2.3 Liquidity
A Current Ratio of 1.36 indicates that AFM should not have too much problems paying its short term obligations.
The Current ratio of AFM (1.36) is comparable to the rest of the industry.
A Quick Ratio of 1.00 indicates that AFM may have some problems paying its short term obligations.
AFM has a Quick ratio (1.00) which is in line with its industry peers.
AFM does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.36 | ||
| Quick Ratio | 1 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 100.25% over the past year.
Measured over the past years, AFM shows a very strong growth in Earnings Per Share. The EPS has been growing by 67.68% on average per year.
AFM shows a strong growth in Revenue. In the last year, the Revenue has grown by 71.25%.
AFM shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 80.94% yearly.
EPS 1Y (TTM)100.25%
EPS 3Y27.76%
EPS 5Y67.68%
EPS Q2Q%14.91%
Revenue 1Y (TTM)71.25%
Revenue growth 3Y14.37%
Revenue growth 5Y80.94%
Sales Q2Q%10.22%
3.2 Future
AFM is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 35.25% yearly.
AFM is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.17% yearly.
EPS Next Y18.79%
EPS Next 2Y35.25%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year4.68%
Revenue Next 2Y5.17%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past 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
With a Price/Earnings ratio of 8.45, the valuation of AFM can be described as very reasonable.
96.49% of the companies in the same industry are more expensive than AFM, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 26.48, AFM is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 3.12, the valuation of AFM can be described as very cheap.
Based on the Price/Forward Earnings ratio, AFM is valued cheaply inside the industry as 98.62% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 34.04. AFM is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.45 | ||
| Fwd PE | 3.12 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AFM is valued cheaply inside the industry as 98.12% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of AFM indicates a rather cheap valuation: AFM is cheaper than 97.99% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.73 | ||
| EV/EBITDA | 2.98 |
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.
AFM has an outstanding profitability rating, which may justify a higher PE ratio.
AFM's earnings are expected to grow with 35.25% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.45
PEG (5Y)0.12
EPS Next 2Y35.25%
EPS Next 3YN/A
5. Dividend
5.1 Amount
AFM has a Yearly Dividend Yield of 13.04%, which is a nice return.
Compared to an average industry Dividend Yield of 16.93, AFM pays a better dividend. On top of this AFM pays more dividend than 99.75% of the companies listed in the same industry.
AFM's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 13.04% |
5.2 History
AFM has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years2
5.3 Sustainability
79.95% of the earnings are spent on dividend by AFM. This is not a sustainable payout ratio.
DP79.95%
EPS Next 2Y35.25%
EPS Next 3YN/A
TSX-V:AFM (8/7/2025, 7:00:00 PM)
0.93
+0.02 (+1.64%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners4.39%
Inst Owner ChangeN/A
Ins Owners1.45%
Ins Owner ChangeN/A
Market Cap1.19B
Analysts0
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 13.04% |
Yearly Dividend0.09
Dividend Growth(5Y)N/A
DP79.95%
Div Incr Years1
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-3.28%
Revenue NY rev (3m)-3.28%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.45 | ||
| Fwd PE | 3.12 | ||
| P/S | 1.61 | ||
| P/FCF | 6.73 | ||
| P/OCF | 5.27 | ||
| P/B | 2.42 | ||
| P/tB | 2.42 | ||
| EV/EBITDA | 2.98 |
EPS(TTM)0.11
EY11.83%
EPS(NY)0.3
Fwd EY32.09%
FCF(TTM)0.14
FCFY14.86%
OCF(TTM)0.18
OCFY18.98%
SpS0.58
BVpS0.38
TBVpS0.38
PEG (NY)0.45
PEG (5Y)0.12
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.9% | ||
| ROE | 28.97% | ||
| ROCE | 47.58% | ||
| ROIC | 25.92% | ||
| ROICexc | 30.1% | ||
| ROICexgc | 30.1% | ||
| OM | 40.88% | ||
| PM (TTM) | 19.24% | ||
| GM | 47.18% | ||
| FCFM | 23.85% |
ROA(3y)15.72%
ROA(5y)11.13%
ROE(3y)25.6%
ROE(5y)17.84%
ROIC(3y)23.24%
ROIC(5y)21.08%
ROICexc(3y)32.99%
ROICexc(5y)29.12%
ROICexgc(3y)32.99%
ROICexgc(5y)29.12%
ROCE(3y)41.03%
ROCE(5y)36.55%
ROICexcg growth 3Y-11.02%
ROICexcg growth 5YN/A
ROICexc growth 3Y-11.02%
ROICexc growth 5YN/A
OM growth 3Y-4.95%
OM growth 5YN/A
PM growth 3Y11.8%
PM growth 5Y0.85%
GM growth 3Y-4.25%
GM growth 5Y2%
F-Score7
Asset Turnover0.88
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 0.57 | ||
| Debt/EBITDA | 0.25 | ||
| Cap/Depr | 67.63% | ||
| Cap/Sales | 6.62% | ||
| Interest Coverage | 44.8 | ||
| Cash Conversion | 60.13% | ||
| Profit Quality | 123.98% | ||
| Current Ratio | 1.36 | ||
| Quick Ratio | 1 | ||
| Altman-Z | 4.39 |
F-Score7
WACC9.43%
ROIC/WACC2.75
Cap/Depr(3y)221.05%
Cap/Depr(5y)155.38%
Cap/Sales(3y)21.16%
Cap/Sales(5y)14.77%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)100.25%
EPS 3Y27.76%
EPS 5Y67.68%
EPS Q2Q%14.91%
EPS Next Y18.79%
EPS Next 2Y35.25%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)71.25%
Revenue growth 3Y14.37%
Revenue growth 5Y80.94%
Sales Q2Q%10.22%
Revenue Next Year4.68%
Revenue Next 2Y5.17%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y93.85%
EBIT growth 3Y8.71%
EBIT growth 5YN/A
EBIT Next Year33.42%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y183.56%
FCF growth 3Y4.19%
FCF growth 5YN/A
OCF growth 1Y44.33%
OCF growth 3Y9.06%
OCF growth 5YN/A