FIRST MAJESTIC SILVER CORP (AG.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:AG - CA32076V1031 - Common Stock
23.53 CAD
-0.25 (-1.05%)
AG gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 804 industry peers in the Metals & Mining industry. AG is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. AG is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! This makes AG very considerable for growth investing!
1. Profitability
1.1 Basic Checks
AG had positive earnings in the past year.
In the past year AG had a positive cash flow from operations.
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
Looking at the Return On Assets, with a value of 1.61%, AG belongs to the top of the industry, outperforming 85.29% of the companies in the same industry.
The Return On Equity of AG (2.63%) is better than 86.15% of its industry peers.
With an excellent Return On Invested Capital value of 3.31%, AG belongs to the best of the industry, outperforming 89.95% of the companies in the same industry.
| 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 better Profit Margin (7.07%) than 91.05% of its industry peers.
The Operating Margin of AG (19.10%) is better than 91.91% of its industry peers.
AG's Operating Margin has declined in the last couple of years.
AG's Gross Margin of 27.78% is amongst the best of the industry. AG outperforms 90.07% of its industry peers.
AG's Gross Margin has declined in the last couple of years.
| 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
AG has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
AG has more shares outstanding than it did 1 year ago.
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 3.45 indicates that AG is not in any danger for bankruptcy at the moment.
AG has a Altman-Z score of 3.45. This is comparable to the rest of the industry: AG outperforms 50.98% of 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 has a better Debt to FCF ratio (1.56) than 92.65% of its industry peers.
A Debt/Equity ratio of 0.09 indicates that AG is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.09, AG is not doing good in the industry: 63.97% of the companies in the same industry are doing better.
Although AG 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 | 0.09 | ||
| Debt/FCF | 1.56 | ||
| Altman-Z | 3.45 |
ROIC/WACC0.36
WACC9.23%
2.3 Liquidity
AG has a Current Ratio of 3.38. This indicates that AG is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of AG (3.38) is better than 63.60% 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 Quick ratio of 2.96. This is in the better half of the industry: AG outperforms 61.40% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.38 | ||
| Quick Ratio | 2.96 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 200.00% over the past year.
AG shows a strong growth in Revenue. In the last year, the Revenue has grown by 83.84%.
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)83.84%
Revenue growth 3Y-1.36%
Revenue growth 5Y9.02%
Sales Q2Q%95.11%
3.2 Future
Based on estimates for the next years, AG will show a very strong growth in Earnings Per Share. The EPS will grow by 49.78% on average per year.
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 Y320.26%
EPS Next 2Y158.05%
EPS Next 3Y95.8%
EPS Next 5Y49.78%
Revenue Next Year106.65%
Revenue Next 2Y56.7%
Revenue Next 3Y44.34%
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
Based on the Price/Earnings ratio of 90.50, the valuation of AG can be described as expensive.
Based on the Price/Earnings ratio, AG is valued cheaply inside the industry as 86.03% of the companies are valued more expensively.
AG's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 26.92.
AG is valuated quite expensively with a Price/Forward Earnings ratio of 28.39.
Based on the Price/Forward Earnings ratio, AG is valued cheaper than 87.87% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of AG to the average of the S&P500 Index (23.46), we can say AG is valued slightly more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 90.5 | ||
| Fwd PE | 28.39 |
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 91.18% of the companies listed in the same industry.
AG's Price/Free Cash Flow ratio is rather cheap when compared to the industry. AG is cheaper than 92.65% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 55.59 | ||
| EV/EBITDA | 19.38 |
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.
The decent profitability rating of AG may justify a higher PE ratio.
AG's earnings are expected to grow with 95.80% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.28
PEG (5Y)N/A
EPS Next 2Y158.05%
EPS Next 3Y95.8%
5. Dividend
5.1 Amount
AG has a yearly dividend return of 0.14%, which is pretty low.
Compared to an average industry Dividend Yield of 0.66, AG pays a better dividend. On top of this AG pays more dividend than 94.73% of the companies listed in the same industry.
With a Dividend Yield of 0.14, AG pays less dividend than the S&P500 average, which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.14% |
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 2Y158.05%
EPS Next 3Y95.8%
TSX:AG (12/24/2025, 7:00:00 PM)
23.53
-0.25 (-1.05%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners52.79%
Inst Owner ChangeN/A
Ins Owners1.06%
Ins Owner ChangeN/A
Market Cap11.56B
Revenue(TTM)965.57M
Net Income(TTM)68.31M
Analysts80
Price Target23.87 (1.44%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.14% |
Yearly Dividend0.02
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)9.86%
PT rev (3m)68.89%
EPS NQ rev (1m)-12.5%
EPS NQ rev (3m)154.54%
EPS NY rev (1m)4.91%
EPS NY rev (3m)73.75%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.17%
Revenue NY rev (3m)8.48%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 90.5 | ||
| Fwd PE | 28.39 | ||
| P/S | 8.75 | ||
| P/FCF | 55.59 | ||
| P/OCF | 24.86 | ||
| P/B | 3.25 | ||
| P/tB | 3.25 | ||
| EV/EBITDA | 19.38 |
EPS(TTM)0.26
EY1.1%
EPS(NY)0.83
Fwd EY3.52%
FCF(TTM)0.42
FCFY1.8%
OCF(TTM)0.95
OCFY4.02%
SpS2.69
BVpS7.24
TBVpS7.24
PEG (NY)0.28
PEG (5Y)N/A
Graham Number6.51
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 | 3.45 |
F-Score7
WACC9.23%
ROIC/WACC0.36
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 Y320.26%
EPS Next 2Y158.05%
EPS Next 3Y95.8%
EPS Next 5Y49.78%
Revenue 1Y (TTM)83.84%
Revenue growth 3Y-1.36%
Revenue growth 5Y9.02%
Sales Q2Q%95.11%
Revenue Next Year106.65%
Revenue Next 2Y56.7%
Revenue Next 3Y44.34%
Revenue Next 5Y25.94%
EBIT growth 1Y1652.11%
EBIT growth 3Y-30.34%
EBIT growth 5Y-8.55%
EBIT Next Year191.95%
EBIT Next 3Y69.69%
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 90.5 and the Price/Book (PB) ratio is 3.25.
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%.