FIRST MAJESTIC SILVER CORP (AG) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:AG - CA32076V1031 - Common Stock
15.69 USD
+0.29 (+1.88%)
15.6516 USD
-0.04 (-0.24%)
AG gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 155 industry peers in the Metals & Mining industry. While AG has a great health rating, its profitability is only average at the moment. AG is not priced too expensively while it is growing strongly. Keep and eye on this one!
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
AG has a better Return On Assets (1.61%) than 61.29% of its industry peers.
AG has a Return On Equity of 2.63%. This is in the better half of the industry: AG outperforms 61.94% of its industry peers.
AG's Return On Invested Capital of 3.64% is in line compared to the rest of the industry. AG outperforms 58.06% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.61% | ||
| ROE | 2.63% | ||
| ROIC | 3.64% |
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
Looking at the Profit Margin, with a value of 7.07%, AG is in the better half of the industry, outperforming 71.61% of the companies in the same industry.
AG has a better Operating Margin (19.10%) than 70.97% of its industry peers.
AG's Operating Margin has declined in the last couple of years.
AG has a Gross Margin of 27.78%. This is in the better half of the industry: AG outperforms 64.52% 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
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.
The number of shares outstanding for AG has been increased compared to 5 years ago.
AG has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.13 indicates that AG is not in any danger for bankruptcy at the moment.
With a Altman-Z score value of 3.13, AG perfoms like the industry average, outperforming 49.68% of the companies in the same industry.
The Debt to FCF ratio of AG is 1.56, which is an excellent value as it means it would take AG, only 1.56 years of fcf income to pay off all of its debts.
AG has a better Debt to FCF ratio (1.56) than 81.94% 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.
AG has a better Debt to Equity ratio (0.09) than 62.58% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 1.56 | ||
| Altman-Z | 3.13 |
ROIC/WACC0.39
WACC9.3%
2.3 Liquidity
A Current Ratio of 3.38 indicates that AG has no problem at all paying its short term obligations.
AG's Current ratio of 3.38 is fine compared to the rest of the industry. AG outperforms 68.39% of its industry peers.
A Quick Ratio of 2.96 indicates that AG has no problem at all paying its short term obligations.
AG has a Quick ratio of 2.96. This is in the better half of the industry: AG outperforms 67.74% 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.
The Revenue has grown by 83.84% in the past year. This is a very strong growth!
AG shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.02% yearly.
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
AG is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 25.94% yearly.
EPS Next Y329.77%
EPS Next 2Y149.3%
EPS Next 3Y97.96%
EPS Next 5Y49.78%
Revenue Next Year106.65%
Revenue Next 2Y56.7%
Revenue Next 3Y44.34%
Revenue Next 5Y25.94%
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 82.58, the valuation of AG can be described as expensive.
AG's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 26.29, AG is valued quite expensively.
A Price/Forward Earnings ratio of 28.63 indicates a quite expensive valuation of AG.
The rest of the industry has a similar Price/Forward Earnings ratio as AG.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.51, AG is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 82.58 | ||
| Fwd PE | 28.63 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as AG.
AG's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. AG is cheaper than 70.32% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 50.72 | ||
| EV/EBITDA | 17.24 |
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.
A more expensive valuation may be justified as AG's earnings are expected to grow with 97.96% in the coming years.
PEG (NY)0.25
PEG (5Y)N/A
EPS Next 2Y149.3%
EPS Next 3Y97.96%
5. Dividend
5.1 Amount
AG has a yearly dividend return of 0.16%, which is pretty low.
AG's Dividend Yield is a higher than the industry average which is at 2.54.
With a Dividend Yield of 0.16, AG pays less dividend than the S&P500 average, which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.16% |
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 2Y149.3%
EPS Next 3Y97.96%
15.69
+0.29 (+1.88%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners52.79%
Inst Owner Change-1.58%
Ins Owners1.06%
Ins Owner Change0%
Market Cap7.71B
Revenue(TTM)965.57M
Net Income(TTM)68.31M
Analysts80
Price Target14.7 (-6.31%)
Short Float %4.52%
Short Ratio1.07
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.16% |
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)-9.03%
PT rev (3m)52.04%
EPS NQ rev (1m)33.33%
EPS NQ rev (3m)190.91%
EPS NY rev (1m)9.43%
EPS NY rev (3m)54.67%
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 | 82.58 | ||
| Fwd PE | 28.63 | ||
| P/S | 7.98 | ||
| P/FCF | 50.72 | ||
| P/OCF | 22.68 | ||
| P/B | 2.96 | ||
| P/tB | 2.96 | ||
| EV/EBITDA | 17.24 |
EPS(TTM)0.19
EY1.21%
EPS(NY)0.55
Fwd EY3.49%
FCF(TTM)0.31
FCFY1.97%
OCF(TTM)0.69
OCFY4.41%
SpS1.97
BVpS5.29
TBVpS5.29
PEG (NY)0.25
PEG (5Y)N/A
Graham Number4.76
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.61% | ||
| ROE | 2.63% | ||
| ROCE | 4.6% | ||
| ROIC | 3.64% | ||
| ROICexc | 4.24% | ||
| ROICexgc | 4.24% | ||
| 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 | 3.13 |
F-Score7
WACC9.3%
ROIC/WACC0.39
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 Y329.77%
EPS Next 2Y149.3%
EPS Next 3Y97.96%
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 Year181.52%
EBIT Next 3Y68.57%
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 FAQ
What is the fundamental rating for AG stock?
ChartMill assigns a fundamental rating of 6 / 10 to AG.
What is the valuation status for AG stock?
ChartMill assigns a valuation rating of 4 / 10 to FIRST MAJESTIC SILVER CORP (AG). This can be considered as Fairly Valued.
What is the profitability of AG stock?
FIRST MAJESTIC SILVER CORP (AG) has a profitability rating of 4 / 10.
What are the PE and PB ratios of FIRST MAJESTIC SILVER CORP (AG) stock?
The Price/Earnings (PE) ratio for FIRST MAJESTIC SILVER CORP (AG) is 82.58 and the Price/Book (PB) ratio is 2.96.
Is the dividend of FIRST MAJESTIC SILVER CORP sustainable?
The dividend rating of FIRST MAJESTIC SILVER CORP (AG) is 3 / 10 and the dividend payout ratio is 12.79%.