ALPHAMIN RESOURCES CORP (AFM.CA) Stock Fundamental Analysis
TSX-V:AFM - TSX Venture Exchange - MU0456S00006 - Common Stock - Currency: CAD
Taking everything into account, AFM scores 8 out of 10 in our fundamental rating. AFM was compared to 797 industry peers in the Metals & Mining industry. Both the health and profitability get an excellent rating, making AFM a very profitable company, without any liquidiy or solvency issues. AFM is evaluated to be cheap and growing strongly. This does not happen too often! This makes AFM very considerable for value and growth and quality investing!
1. Profitability
1.1 Basic Checks
In the past year AFM was profitable.
In the past year AFM had a positive cash flow from operations.
AFM had positive earnings in 4 of the past 5 years.
Each year in the past 5 years AFM had a positive operating cash flow.
1.2 Ratios
The Return On Assets of AFM (16.90%) is better than 96.36% of its industry peers.
The Return On Equity of AFM (28.97%) is better than 97.11% of its industry peers.
With an excellent Return On Invested Capital value of 25.92%, AFM belongs to the best of the industry, outperforming 99.25% of the companies in the same industry.
AFM had an Average Return On Invested Capital over the past 3 years of 23.24%. This is significantly above the industry average of 12.25%.
The 3 year average ROIC (23.24%) for AFM is below the current ROIC(25.92%), indicating increased profibility in the last year.
| 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 Profit Margin of 19.24%. This is amongst the best in the industry. AFM outperforms 95.23% of its industry peers.
In the last couple of years the Profit Margin of AFM has remained more or less at the same level.
With an excellent Operating Margin value of 40.88%, AFM belongs to the best of the industry, outperforming 97.62% of the companies in the same industry.
AFM's Operating Margin has declined in the last couple of years.
AFM has a Gross Margin of 47.18%. This is amongst the best in 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.
The number of shares outstanding for AFM has been increased compared to 5 years ago.
Compared to 1 year ago, AFM has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 4.51 indicates that AFM is not in any danger for bankruptcy at the moment.
AFM's Altman-Z score of 4.51 is fine compared to the rest of the industry. AFM outperforms 64.24% of its industry peers.
AFM has a debt to FCF ratio of 0.57. This is a very positive value and a sign of high solvency as it would only need 0.57 years to pay back of 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 95.36% of the companies in the same industry.
AFM has a Debt/Equity ratio of 0.19. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of AFM (0.19) is worse than 66.50% of its industry peers.
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 | 4.51 |
ROIC/WACC2.64
WACC9.81%
2.3 Liquidity
A Current Ratio of 1.36 indicates that AFM should not have too much problems paying its short term obligations.
With a Current ratio value of 1.36, AFM perfoms like the industry average, outperforming 48.18% of the companies in the same industry.
AFM has a Quick Ratio of 1.36. This is a bad value and indicates that AFM is not financially healthy enough and could expect problems in meeting 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.
AFM shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 67.68% yearly.
Looking at the last year, AFM shows a very strong growth in Revenue. 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 6.39% yearly.
EPS Next Y18.79%
EPS Next 2Y35.25%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year8.23%
Revenue Next 2Y6.39%
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
The Price/Earnings ratio is 8.59, which indicates a very decent valuation of AFM.
Compared to the rest of the industry, the Price/Earnings ratio of AFM indicates a rather cheap valuation: AFM is cheaper than 95.98% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.30, AFM is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 3.18, the valuation of AFM can be described as very cheap.
Based on the Price/Forward Earnings ratio, AFM is valued cheaper than 98.24% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.76, AFM is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.59 | ||
| Fwd PE | 3.18 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AFM is valued cheaper than 97.74% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, AFM is valued cheaply inside the industry as 97.74% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.87 | ||
| EV/EBITDA | 3.16 |
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.
A more expensive valuation may be justified as AFM's earnings are expected to grow with 35.25% in the coming years.
PEG (NY)0.46
PEG (5Y)0.13
EPS Next 2Y35.25%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 14.29%, AFM is a good candidate for dividend investing.
AFM's Dividend Yield is rather good when compared to the industry average which is at 13.23. AFM pays more dividend than 99.87% of the companies in the same industry.
AFM's Dividend Yield is rather good when compared to the S&P500 average which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 14.29% |
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
AFM pays out 79.95% of its income as dividend. This is not a sustainable payout ratio.
DP79.95%
EPS Next 2Y35.25%
EPS Next 3YN/A
TSX-V:AFM (7/11/2025, 7:00:00 PM)
0.945
-0.04 (-3.57%)
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 Cap1.21B
Analysts0
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 14.29% |
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)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.59 | ||
| Fwd PE | 3.18 | ||
| P/S | 1.64 | ||
| P/FCF | 6.87 | ||
| P/OCF | 5.37 | ||
| P/B | 2.47 | ||
| P/tB | 2.47 | ||
| EV/EBITDA | 3.16 |
EPS(TTM)0.11
EY11.64%
EPS(NY)0.3
Fwd EY31.46%
FCF(TTM)0.14
FCFY14.57%
OCF(TTM)0.18
OCFY18.61%
SpS0.58
BVpS0.38
TBVpS0.38
PEG (NY)0.46
PEG (5Y)0.13
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 | 4.51 |
F-Score7
WACC9.81%
ROIC/WACC2.64
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 Year8.23%
Revenue Next 2Y6.39%
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