FIRST MAJESTIC SILVER CORP (AG.CA) Stock Fundamental Analysis
Canada - TSX:AG - CA32076V1031 - Common Stock
17.93 CAD
-0.3 (-1.65%)
Overall AG gets a fundamental rating of 6 out of 10. We evaluated AG against 792 industry peers in the Metals & Mining industry. AG has only an average score on both its financial health and profitability. AG is growing strongly while it is still valued neutral. This is a good combination! These ratings would make AG suitable 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.
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.
Looking at the Return On Invested Capital, with a value of 2.03%, AG belongs to the top 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.
Looking at the Operating Margin, with a value of 13.29%, AG belongs to the top of the industry, outperforming 90.91% of the companies in the same industry.
AG's Operating Margin has declined in the last couple of years.
AG has a better Gross Margin (23.31%) than 89.65% of its industry peers.
AG's Gross Margin has declined in the last couple of years.
| 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so AG is destroying value.
The number of shares outstanding for AG has been increased compared to 1 year ago.
The number of shares outstanding for AG has been increased compared to 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 2.59 indicates that AG is not a great score, but indicates only limited risk for bankruptcy at the moment.
AG has a Altman-Z score (2.59) which is comparable to the rest of the industry.
AG has a debt to FCF ratio of 2.24. This is a good value and a sign of high solvency as AG would need 2.24 years to pay back of all of its debts.
AG's Debt to FCF ratio of 2.24 is amongst the best of the industry. AG outperforms 92.30% of its industry peers.
A Debt/Equity ratio of 0.09 indicates that AG is not too dependend on debt financing.
AG has a Debt to Equity ratio of 0.09. This is in the lower half of the industry: AG underperforms 63.26% 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 | 2.24 | ||
| Altman-Z | 2.59 |
ROIC/WACC0.25
WACC8.25%
2.3 Liquidity
AG has a Current Ratio of 3.27. This indicates that AG is financially healthy and has no problem in meeting its short term obligations.
AG's Current ratio of 3.27 is fine compared to the rest of the industry. AG outperforms 61.49% of its industry peers.
AG has a Quick Ratio of 2.84. This indicates that AG is financially healthy and has no problem in meeting its short term obligations.
AG has a Quick ratio of 2.84. This is comparable to the rest of the industry: AG outperforms 59.34% of 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 145.00% over the past year.
Looking at the last year, AG shows a very strong growth in Revenue. The Revenue has grown by 61.34%.
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)145%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%157.14%
Revenue 1Y (TTM)61.34%
Revenue growth 3Y-1.36%
Revenue growth 5Y9.02%
Sales Q2Q%94.05%
3.2 Future
The Earnings Per Share is expected to grow by 34.32% 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 20.49% on average per year.
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
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 137.92, the valuation of AG can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of AG indicates a rather cheap valuation: AG is cheaper than 85.98% of the companies listed in the same industry.
AG is valuated expensively when we compare the Price/Earnings ratio to 26.11, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 105.62, AG can be considered very expensive at the moment.
85.86% of the companies in the same industry are more expensive than AG, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of AG to the average of the S&P500 Index (22.55), we can say AG is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 137.92 | ||
| Fwd PE | 105.62 |
4.2 Price Multiples
91.41% 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 91.16% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 59.79 | ||
| EV/EBITDA | 18.97 |
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.
A more expensive valuation may be justified as AG's earnings are expected to grow with 65.04% in the coming years.
PEG (NY)0.61
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.
AG's Dividend Yield is rather good when compared to the industry average which is at 12.97. AG pays more dividend than 94.82% of the companies in the same industry.
With a Dividend Yield of 0.18, AG pays less dividend than the S&P500 average, which is at 2.37.
| 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
AG pays out 52.76% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP52.76%
EPS Next 2Y71.2%
EPS Next 3Y65.04%
TSX:AG (10/31/2025, 7:00:00 PM)
17.93
-0.3 (-1.65%)
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 Cap8.79B
Revenue(TTM)826.60M
Net Income(TTM)14.74M
Analysts76.92
Price Target22.55 (25.77%)
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 | 137.92 | ||
| Fwd PE | 105.62 | ||
| P/S | 7.58 | ||
| P/FCF | 59.79 | ||
| P/OCF | 23.35 | ||
| P/B | 2.51 | ||
| P/tB | 2.51 | ||
| EV/EBITDA | 18.97 |
EPS(TTM)0.13
EY0.73%
EPS(NY)0.17
Fwd EY0.95%
FCF(TTM)0.3
FCFY1.67%
OCF(TTM)0.77
OCFY4.28%
SpS2.37
BVpS7.15
TBVpS7.15
PEG (NY)0.61
PEG (5Y)N/A
Graham Number4.57
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 | 2.59 |
F-Score7
WACC8.25%
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)145%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%157.14%
EPS Next Y226.77%
EPS Next 2Y71.2%
EPS Next 3Y65.04%
EPS Next 5Y34.32%
Revenue 1Y (TTM)61.34%
Revenue growth 3Y-1.36%
Revenue growth 5Y9.02%
Sales Q2Q%94.05%
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 137.92 and the Price/Book (PB) ratio is 2.51.
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%.