FIRST MAJESTIC SILVER CORP (AG.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:AG - CA32076V1031 - Common Stock
22.19 CAD
+1.09 (+5.17%)
We assign a fundamental rating of 7 out of 10 to AG. AG was compared to 796 industry peers in the Metals & Mining industry. AG has an excellent financial health rating, but there are some minor concerns on its profitability. AG is not priced too expensively while it is growing strongly. Keep and eye on this one! With these ratings, AG could be worth investigating further for growth investing!.
1. Profitability
1.1 Basic Checks
In the past year AG was profitable.
AG had a positive operating cash flow in the past year.
In the past 5 years AG reported 4 times negative net income.
AG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of AG (1.61%) is better than 85.43% of its industry peers.
AG has a Return On Equity of 2.63%. This is amongst the best in the industry. AG outperforms 86.31% of its industry peers.
The Return On Invested Capital of AG (3.31%) is better than 90.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.61% | ||
| ROE | 2.63% | ||
| ROIC | 3.31% |
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
AG has a Profit Margin of 7.07%. This is amongst the best in the industry. AG outperforms 90.83% of its industry peers.
With an excellent Operating Margin value of 19.10%, AG belongs to the best of the industry, outperforming 92.09% of the companies in the same industry.
In the last couple of years the Operating Margin of AG has declined.
Looking at the Gross Margin, with a value of 27.78%, AG belongs to the top of the industry, outperforming 90.20% of the companies in the same industry.
In the last couple of years the Gross Margin of AG has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.1% | ||
| PM (TTM) | 7.07% | ||
| GM | 27.78% |
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so AG is destroying value.
Compared to 1 year ago, AG has more shares outstanding
AG has more shares outstanding than it did 5 years ago.
AG has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.15 indicates that AG is not in any danger for bankruptcy at the moment.
AG has a Altman-Z score (3.15) which is in line with its industry peers.
AG has a debt to FCF ratio of 1.56. This is a very positive value and a sign of high solvency as it would only need 1.56 years to pay back of all of its debts.
AG's Debt to FCF ratio of 1.56 is amongst the best of the industry. AG outperforms 92.71% of its industry peers.
A Debt/Equity ratio of 0.09 indicates that AG is not too dependend on debt financing.
AG has a worse Debt to Equity ratio (0.09) than 63.82% of its industry peers.
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 | 1.56 | ||
| Altman-Z | 3.15 |
ROIC/WACC0.38
WACC8.79%
2.3 Liquidity
A Current Ratio of 3.38 indicates that AG has no problem at all paying its short term obligations.
The Current ratio of AG (3.38) is better than 63.44% of its industry peers.
AG has a Quick Ratio of 2.96. This indicates that AG is financially healthy and has no problem in meeting its short term obligations.
AG has a better Quick ratio (2.96) than 61.06% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.38 | ||
| Quick Ratio | 2.96 |
3. Growth
3.1 Past
AG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 200.00%, which is quite impressive.
The Revenue has grown by 83.84% in the past year. This is a very strong growth!
The Revenue has been growing by 9.02% on average over the past years. This is quite good.
EPS 1Y (TTM)200%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%333.33%
Revenue 1Y (TTM)83.84%
Revenue growth 3Y-1.36%
Revenue growth 5Y9.02%
Sales Q2Q%95.11%
3.2 Future
The Earnings Per Share is expected to grow by 49.78% on average over the next years. This is a very strong growth
Based on estimates for the next years, AG will show a very strong growth in Revenue. The Revenue will grow by 25.94% on average per year.
EPS Next Y309.96%
EPS Next 2Y103.94%
EPS Next 3Y68.99%
EPS Next 5Y49.78%
Revenue Next Year106.3%
Revenue Next 2Y56.07%
Revenue Next 3Y40.49%
Revenue Next 5Y25.94%
3.3 Evolution
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 82.19, AG can be considered very expensive at the moment.
AG's Price/Earnings ratio is rather cheap when compared to the industry. AG is cheaper than 85.80% of the companies in the same industry.
When comparing the Price/Earnings ratio of AG to the average of the S&P500 Index (26.15), we can say AG is valued expensively.
A Price/Forward Earnings ratio of 56.46 indicates a quite expensive valuation of AG.
Based on the Price/Forward Earnings ratio, AG is valued cheaper than 86.43% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.22, AG is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 82.19 | ||
| Fwd PE | 56.46 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AG indicates a rather cheap valuation: AG is cheaper than 91.58% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of AG indicates a rather cheap valuation: AG is cheaper than 92.34% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 51.22 | ||
| EV/EBITDA | 17.38 |
4.3 Compensation for Growth
AG's 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.
A more expensive valuation may be justified as AG's earnings are expected to grow with 68.99% in the coming years.
PEG (NY)0.27
PEG (5Y)N/A
EPS Next 2Y103.94%
EPS Next 3Y68.99%
5. Dividend
5.1 Amount
With a yearly dividend of 0.17%, AG is not a good candidate for dividend investing.
AG's Dividend Yield is rather good when compared to the industry average which is at 11.98. AG pays more dividend than 94.72% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.32, AG's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.17% |
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
AG pays out 12.79% of its income as dividend. This is a sustainable payout ratio.
DP12.79%
EPS Next 2Y103.94%
EPS Next 3Y68.99%
TSX:AG (12/2/2025, 7:00:00 PM)
22.19
+1.09 (+5.17%)
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 Cap10.90B
Revenue(TTM)965.57M
Net Income(TTM)68.31M
Analysts80
Price Target21.73 (-2.07%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.17% |
Yearly Dividend0.03
Dividend Growth(5Y)N/A
DP12.79%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)62.34%
Min EPS beat(2)-34.23%
Max EPS beat(2)158.9%
EPS beat(4)1
Avg EPS beat(4)20.97%
Min EPS beat(4)-34.23%
Max EPS beat(4)158.9%
EPS beat(8)2
Avg EPS beat(8)-73.49%
EPS beat(12)4
Avg EPS beat(12)-71.43%
EPS beat(16)4
Avg EPS beat(16)-92.21%
Revenue beat(2)0
Avg Revenue beat(2)-9.75%
Min Revenue beat(2)-10.14%
Max Revenue beat(2)-9.35%
Revenue beat(4)1
Avg Revenue beat(4)-4%
Min Revenue beat(4)-10.14%
Max Revenue beat(4)5.21%
Revenue beat(8)3
Avg Revenue beat(8)-2.51%
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)43.39%
PT rev (3m)61.92%
EPS NQ rev (1m)33.33%
EPS NQ rev (3m)190.91%
EPS NY rev (1m)65.63%
EPS NY rev (3m)41.33%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)8.29%
Revenue NY rev (3m)8.29%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 82.19 | ||
| Fwd PE | 56.46 | ||
| P/S | 8.06 | ||
| P/FCF | 51.22 | ||
| P/OCF | 22.91 | ||
| P/B | 2.99 | ||
| P/tB | 2.99 | ||
| EV/EBITDA | 17.38 |
EPS(TTM)0.27
EY1.22%
EPS(NY)0.39
Fwd EY1.77%
FCF(TTM)0.43
FCFY1.95%
OCF(TTM)0.97
OCFY4.37%
SpS2.75
BVpS7.41
TBVpS7.41
PEG (NY)0.27
PEG (5Y)N/A
Graham Number6.71
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.61% | ||
| ROE | 2.63% | ||
| ROCE | 4.6% | ||
| ROIC | 3.31% | ||
| ROICexc | 3.86% | ||
| ROICexgc | 3.86% | ||
| OM | 19.1% | ||
| PM (TTM) | 7.07% | ||
| GM | 27.78% | ||
| FCFM | 15.74% |
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 Turnover0.23
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 1.56 | ||
| Debt/EBITDA | 0.54 | ||
| Cap/Depr | 82.72% | ||
| Cap/Sales | 19.45% | ||
| Interest Coverage | 23.4 | ||
| Cash Conversion | 82.56% | ||
| Profit Quality | 222.42% | ||
| Current Ratio | 3.38 | ||
| Quick Ratio | 2.96 | ||
| Altman-Z | 3.15 |
F-Score7
WACC8.79%
ROIC/WACC0.38
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 Y309.96%
EPS Next 2Y103.94%
EPS Next 3Y68.99%
EPS Next 5Y49.78%
Revenue 1Y (TTM)83.84%
Revenue growth 3Y-1.36%
Revenue growth 5Y9.02%
Sales Q2Q%95.11%
Revenue Next Year106.3%
Revenue Next 2Y56.07%
Revenue Next 3Y40.49%
Revenue Next 5Y25.94%
EBIT growth 1Y1652.11%
EBIT growth 3Y-30.34%
EBIT growth 5Y-8.55%
EBIT Next Year161.6%
EBIT Next 3Y39.9%
EBIT Next 5Y32.49%
FCF growth 1Y198.11%
FCF growth 3YN/A
FCF growth 5Y11.46%
OCF growth 1Y1519.43%
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 7 / 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 82.19 and the Price/Book (PB) ratio is 2.99.
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 12.79%.