FIRST MAJESTIC SILVER CORP (AG.CA) Stock Fundamental Analysis
Canada - TSX:AG - CA32076V1031 - Common Stock
15.4 CAD
+0.35 (+2.33%)
Taking everything into account, AG scores 6 out of 10 in our fundamental rating. AG was compared to 792 industry peers in the Metals & Mining industry. AG has an average financial health and profitability rating. AG has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year AG was profitable.
In the past year AG had a positive cash flow from operations.
AG had negative earnings in 4 of the past 5 years.
Each year in the past 5 years AG had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.36%, AG belongs to the top of the industry, outperforming 84.72% of the companies in the same industry.
Looking at the Return On Equity, with a value of 0.59%, AG belongs to the top of the industry, outperforming 85.48% of the companies in the same industry.
With an excellent Return On Invested Capital value of 2.03%, AG belongs to the best of the industry, outperforming 89.52% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.36% | ||
| ROE | 0.59% | ||
| ROIC | 2.03% |
ROA(3y)-5.8%
ROA(5y)-3.15%
ROE(3y)-8.53%
ROE(5y)-4.64%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With an excellent Profit Margin value of 1.78%, AG belongs to the best of the industry, outperforming 89.39% of the companies in the same industry.
AG has a better Operating Margin (13.29%) than 90.91% of its industry peers.
In the last couple of years the Operating Margin of AG has declined.
AG has a better Gross Margin (23.31%) than 89.65% of its industry peers.
In the last couple of years the Gross Margin of AG has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.29% | ||
| PM (TTM) | 1.78% | ||
| GM | 23.31% |
OM growth 3Y-29.38%
OM growth 5Y-16.12%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.28%
GM growth 5Y-14.71%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), AG is destroying value.
The number of shares outstanding for AG has been increased compared to 1 year ago.
AG has more shares outstanding than it did 5 years ago.
The debt/assets ratio for AG has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.20 indicates that AG is not a great score, but indicates only limited risk for bankruptcy at the moment.
AG's Altman-Z score of 2.20 is in line compared to the rest of the industry. AG outperforms 49.24% of its industry peers.
The Debt to FCF ratio of AG is 2.24, which is a good value as it means it would take AG, 2.24 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of AG (2.24) is better than 92.30% of its industry peers.
AG has a Debt/Equity ratio of 0.09. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.09, AG is doing worse than 63.26% of the companies in the same industry.
Even though the debt/equity ratio score it not favorable for AG, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 2.24 | ||
| Altman-Z | 2.2 |
ROIC/WACC0.25
WACC8.24%
2.3 Liquidity
A Current Ratio of 3.27 indicates that AG has no problem at all paying its short term obligations.
AG has a Current ratio of 3.27. This is in the better half of the industry: AG outperforms 61.49% of its industry peers.
A Quick Ratio of 2.84 indicates that AG has no problem at all paying its short term obligations.
AG has a Quick ratio (2.84) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.27 | ||
| Quick Ratio | 2.84 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 200.00% over the past year.
Looking at the last year, AG shows a decrease in Revenue. The Revenue has decreased by -2.30% in the last year.
Measured over the past years, AG shows a quite strong growth in Revenue. The Revenue has been growing by 9.02% on average per year.
EPS 1Y (TTM)200%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%333.33%
Revenue 1Y (TTM)-2.3%
Revenue growth 3Y-1.36%
Revenue growth 5Y9.02%
Sales Q2Q%95.11%
3.2 Future
AG is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 34.32% yearly.
AG is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 20.49% yearly.
EPS Next Y226.77%
EPS Next 2Y71.2%
EPS Next 3Y65.04%
EPS Next 5Y34.32%
Revenue Next Year90.5%
Revenue Next 2Y37.18%
Revenue Next 3Y33.83%
Revenue Next 5Y20.49%
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 57.04, the valuation of AG can be described as expensive.
Based on the Price/Earnings ratio, AG is valued cheaper than 86.99% of the companies in the same industry.
AG is valuated expensively when we compare the Price/Earnings ratio to 25.67, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 90.06, AG can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Forward Earnings ratio of AG indicates a rather cheap valuation: AG is cheaper than 85.98% of the companies listed in the same industry.
AG's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 31.86.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 57.04 | ||
| Fwd PE | 90.06 |
4.2 Price Multiples
91.79% of the companies in the same industry are more expensive than AG, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of AG indicates a rather cheap valuation: AG is cheaper than 91.41% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 50.98 | ||
| EV/EBITDA | 15.65 |
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.
AG has a very decent profitability rating, which may justify a higher PE ratio.
AG's earnings are expected to grow with 65.04% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.25
PEG (5Y)N/A
EPS Next 2Y71.2%
EPS Next 3Y65.04%
5. Dividend
5.1 Amount
With a yearly dividend of 0.18%, AG is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 12.97, AG pays a better dividend. On top of this AG pays more dividend than 94.82% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.40, AG's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.18% |
5.2 History
AG has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
52.76% of the earnings are spent on dividend by AG. This is a bit on the high side, but may be sustainable.
DP52.76%
EPS Next 2Y71.2%
EPS Next 3Y65.04%
TSX:AG (11/6/2025, 7:00:00 PM)
15.4
+0.35 (+2.33%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners54.86%
Inst Owner ChangeN/A
Ins Owners1.02%
Ins Owner ChangeN/A
Market Cap7.55B
Revenue(TTM)560.60M
Net Income(TTM)14.74M
Analysts76.92
Price Target22.55 (46.43%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.18% |
Yearly Dividend0.03
Dividend Growth(5Y)N/A
DP52.76%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)68.6%
Min EPS beat(2)-21.7%
Max EPS beat(2)158.9%
EPS beat(4)1
Avg EPS beat(4)-21.95%
Min EPS beat(4)-205.91%
Max EPS beat(4)158.9%
EPS beat(8)2
Avg EPS beat(8)-112.05%
EPS beat(12)4
Avg EPS beat(12)-88.25%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-5.54%
Min Revenue beat(2)-9.35%
Max Revenue beat(2)-1.73%
Revenue beat(4)1
Avg Revenue beat(4)-1.5%
Min Revenue beat(4)-9.35%
Max Revenue beat(4)5.21%
Revenue beat(8)3
Avg Revenue beat(8)-1.68%
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)59.51%
PT rev (3m)77.19%
EPS NQ rev (1m)87.87%
EPS NQ rev (3m)342.91%
EPS NY rev (1m)0%
EPS NY rev (3m)-40.3%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.94%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 57.04 | ||
| Fwd PE | 90.06 | ||
| P/S | 6.46 | ||
| P/FCF | 50.98 | ||
| P/OCF | 19.91 | ||
| P/B | 2.14 | ||
| P/tB | 2.14 | ||
| EV/EBITDA | 15.65 |
EPS(TTM)0.27
EY1.75%
EPS(NY)0.17
Fwd EY1.11%
FCF(TTM)0.3
FCFY1.96%
OCF(TTM)0.77
OCFY5.02%
SpS2.38
BVpS7.2
TBVpS7.2
PEG (NY)0.25
PEG (5Y)N/A
Graham Number6.61
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.36% | ||
| ROE | 0.59% | ||
| ROCE | 2.82% | ||
| ROIC | 2.03% | ||
| ROICexc | 2.3% | ||
| ROICexgc | 2.3% | ||
| OM | 13.29% | ||
| PM (TTM) | 1.78% | ||
| GM | 23.31% | ||
| FCFM | 12.68% |
ROA(3y)-5.8%
ROA(5y)-3.15%
ROE(3y)-8.53%
ROE(5y)-4.64%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3Y-32.27%
ROICexgc growth 5Y-22.93%
ROICexc growth 3Y-32.27%
ROICexc growth 5Y-22.93%
OM growth 3Y-29.38%
OM growth 5Y-16.12%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.28%
GM growth 5Y-14.71%
F-Score7
Asset Turnover0.2
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 2.24 | ||
| Debt/EBITDA | 0.71 | ||
| Cap/Depr | 80.1% | ||
| Cap/Sales | 19.78% | ||
| Interest Coverage | 13.25 | ||
| Cash Conversion | 85.46% | ||
| Profit Quality | 710.79% | ||
| Current Ratio | 3.27 | ||
| Quick Ratio | 2.84 | ||
| Altman-Z | 2.2 |
F-Score7
WACC8.24%
ROIC/WACC0.25
Cap/Depr(3y)121.95%
Cap/Depr(5y)145.81%
Cap/Sales(3y)26.95%
Cap/Sales(5y)28.93%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)200%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%333.33%
EPS Next Y226.77%
EPS Next 2Y71.2%
EPS Next 3Y65.04%
EPS Next 5Y34.32%
Revenue 1Y (TTM)-2.3%
Revenue growth 3Y-1.36%
Revenue growth 5Y9.02%
Sales Q2Q%95.11%
Revenue Next Year90.5%
Revenue Next 2Y37.18%
Revenue Next 3Y33.83%
Revenue Next 5Y20.49%
EBIT growth 1Y474.86%
EBIT growth 3Y-30.34%
EBIT growth 5Y-8.55%
EBIT Next Year161.6%
EBIT Next 3Y39.9%
EBIT Next 5Y21.35%
FCF growth 1Y179.13%
FCF growth 3YN/A
FCF growth 5Y11.46%
OCF growth 1Y304.14%
OCF growth 3Y30.28%
OCF growth 5Y1.65%
FIRST MAJESTIC SILVER CORP / AG.CA FAQ
What is the fundamental rating for AG stock?
ChartMill assigns a fundamental rating of 6 / 10 to AG.CA.
What is the valuation status for AG stock?
ChartMill assigns a valuation rating of 6 / 10 to FIRST MAJESTIC SILVER CORP (AG.CA). This can be considered as Fairly Valued.
What is the profitability of AG stock?
FIRST MAJESTIC SILVER CORP (AG.CA) has a profitability rating of 6 / 10.
What are the PE and PB ratios of FIRST MAJESTIC SILVER CORP (AG.CA) stock?
The Price/Earnings (PE) ratio for FIRST MAJESTIC SILVER CORP (AG.CA) is 57.04 and the Price/Book (PB) ratio is 2.14.
Is the dividend of FIRST MAJESTIC SILVER CORP sustainable?
The dividend rating of FIRST MAJESTIC SILVER CORP (AG.CA) is 3 / 10 and the dividend payout ratio is 52.76%.