FIRST MAJESTIC SILVER CORP (AG) Stock Fundamental Analysis
USA - NYSE:AG - CA32076V1031 - Common Stock
12.01 USD
-0.21 (-1.72%)
12.0001 USD
-0.01 (-0.08%)
AG gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 154 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 showing excellent growth while it is valued at reasonable prices. 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.
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 is in the better half of the industry, outperforming 61.69% of the companies in the same industry.
With a decent Return On Equity value of 2.63%, AG is doing good in the industry, outperforming 61.04% of the companies in the same industry.
AG has a Return On Invested Capital (3.64%) which is in line with 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
AG has a Profit Margin of 7.07%. This is in the better half of the industry: AG outperforms 72.08% of its industry peers.
AG has a Operating Margin of 19.10%. This is in the better half of the industry: AG outperforms 72.73% of its industry peers.
In the last couple of years the Operating Margin of AG has declined.
With a decent Gross Margin value of 27.78%, AG is doing good in the industry, outperforming 65.58% of the companies in the same industry.
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
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
Compared to 5 years ago, AG has more shares outstanding
Compared to 1 year ago, AG has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.51 indicates that AG is not a great score, but indicates only limited risk for bankruptcy at the moment.
AG's Altman-Z score of 2.51 is in line compared to the rest of the industry. AG outperforms 42.86% of its industry peers.
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.
Looking at the Debt to FCF ratio, with a value of 1.56, AG belongs to the top of the industry, outperforming 83.12% of the companies in the same industry.
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 Debt to Equity ratio of 0.09. This is in the better half of the industry: AG outperforms 61.04% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 1.56 | ||
| Altman-Z | 2.51 |
ROIC/WACC0.42
WACC8.63%
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.
AG's Current ratio of 3.38 is fine compared to the rest of the industry. AG outperforms 68.83% 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 68.18% 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!
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
AG is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 44.38% yearly.
The Revenue is expected to grow by 20.49% on average over the next years. This is a very strong growth
EPS Next Y309.96%
EPS Next 2Y103.94%
EPS Next 3Y68.99%
EPS Next 5Y44.38%
Revenue Next Year106.3%
Revenue Next 2Y56.07%
Revenue Next 3Y40.49%
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 63.21, the valuation of AG can be described as expensive.
AG's Price/Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Earnings ratio of 25.89, AG is valued quite expensively.
With a Price/Forward Earnings ratio of 42.79, AG can be considered very expensive at the moment.
The rest of the industry has a similar Price/Forward Earnings ratio as AG.
AG's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 34.59.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 63.21 | ||
| Fwd PE | 42.79 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AG indicates a somewhat cheap valuation: AG is cheaper than 65.58% 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 somewhat cheap valuation: AG is cheaper than 70.13% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 38.73 | ||
| EV/EBITDA | 13.16 |
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 68.99% in the coming years.
PEG (NY)0.2
PEG (5Y)N/A
EPS Next 2Y103.94%
EPS Next 3Y68.99%
5. Dividend
5.1 Amount
AG has a yearly dividend return of 0.19%, which is pretty low.
Compared to an average industry Dividend Yield of 2.63, AG pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.44, AG's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.19% |
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
12.79% of the earnings are spent on dividend by AG. This is a low number and sustainable payout ratio.
DP12.79%
EPS Next 2Y103.94%
EPS Next 3Y68.99%
12.01
-0.21 (-1.72%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners54.86%
Inst Owner Change-1.61%
Ins Owners1.02%
Ins Owner Change0%
Market Cap5.89B
Revenue(TTM)965.57M
Net Income(TTM)68.31M
Analysts80
Price Target16.06 (33.72%)
Short Float %4.96%
Short Ratio1.06
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.19% |
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)47.77%
PT rev (3m)60.52%
EPS NQ rev (1m)0%
EPS NQ rev (3m)56.51%
EPS NY rev (1m)65.63%
EPS NY rev (3m)-1.12%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)8.29%
Revenue NY rev (3m)9.31%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 63.21 | ||
| Fwd PE | 42.79 | ||
| P/S | 6.1 | ||
| P/FCF | 38.73 | ||
| P/OCF | 17.32 | ||
| P/B | 2.26 | ||
| P/tB | 2.26 | ||
| EV/EBITDA | 13.16 |
EPS(TTM)0.19
EY1.58%
EPS(NY)0.28
Fwd EY2.34%
FCF(TTM)0.31
FCFY2.58%
OCF(TTM)0.69
OCFY5.77%
SpS1.97
BVpS5.3
TBVpS5.3
PEG (NY)0.2
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 | 2.51 |
F-Score7
WACC8.63%
ROIC/WACC0.42
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 5Y44.38%
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 5Y20.49%
EBIT growth 1Y1652.11%
EBIT growth 3Y-30.34%
EBIT growth 5Y-8.55%
EBIT Next Year161.6%
EBIT Next 3Y39.9%
EBIT Next 5Y21.35%
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 63.21 and the Price/Book (PB) ratio is 2.26.
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%.