FIRST MAJESTIC SILVER CORP (AG)

CA32076V1031 - Common Stock

5.88  +0.3 (+5.38%)

After market: 5.9 +0.02 (+0.34%)

Fundamental Rating

2

Taking everything into account, AG scores 2 out of 10 in our fundamental rating. AG was compared to 156 industry peers in the Metals & Mining industry. AG may be in some trouble as it scores bad on both profitability and health. AG has a expensive valuation and it also scores bad on growth.



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1. Profitability

1.1 Basic Checks

In the past year AG has reported negative net income.
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 worse Return On Assets (-6.84%) than 67.31% of its industry peers.
The Return On Equity of AG (-9.95%) is worse than 66.03% of its industry peers.
Industry RankSector Rank
ROA -6.84%
ROE -9.95%
ROIC N/A
ROA(3y)-4.16%
ROA(5y)-2.91%
ROE(3y)-6.13%
ROE(5y)-4.36%
ROIC(3y)N/A
ROIC(5y)N/A

1.3 Margins

The Gross Margin of AG (6.81%) is worse than 62.82% of its industry peers.
AG's Gross Margin has declined in the last couple of years.
AG does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 6.81%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-40.08%
GM growth 5Y-24.18%

3

2. Health

2.1 Basic Checks

AG does not have a ROIC to compare to the WACC, probably because it is not profitable.
AG has more shares outstanding than it did 1 year ago.
AG has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, AG has a worse debt to assets ratio.

2.2 Solvency

Based on the Altman-Z score of 1.55, we must say that AG is in the distress zone and has some risk of bankruptcy.
AG has a Altman-Z score of 1.55. This is in the lower half of the industry: AG underperforms 63.46% of its industry peers.
AG has a Debt/Equity ratio of 0.18. This is a healthy value indicating a solid balance between debt and equity.
AG has a Debt to Equity ratio (0.18) which is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.18
Debt/FCF N/A
Altman-Z 1.55
ROIC/WACCN/A
WACC7.2%

2.3 Liquidity

A Current Ratio of 2.57 indicates that AG has no problem at all paying its short term obligations.
The Current ratio of AG (2.57) is comparable to the rest of the industry.
A Quick Ratio of 2.04 indicates that AG has no problem at all paying its short term obligations.
AG has a Quick ratio of 2.04. This is comparable to the rest of the industry: AG outperforms 59.62% of its industry peers.
Industry RankSector Rank
Current Ratio 2.57
Quick Ratio 2.04

3

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 55.00% over the past year.
AG shows a decrease in Revenue. In the last year, the revenue decreased by -8.08%.
AG shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.78% yearly.
EPS 1Y (TTM)55%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q57.14%
Revenue 1Y (TTM)-8.08%
Revenue growth 3Y16.39%
Revenue growth 5Y13.78%
Revenue growth Q2Q-7.59%

3.2 Future

The Earnings Per Share is expected to decrease by -2.83% on average over the next years.
Based on estimates for the next years, AG will show a small growth in Revenue. The Revenue will grow by 0.49% on average per year.
EPS Next Y14.17%
EPS Next 2Y101.49%
EPS Next 3Y-2.83%
EPS Next 5YN/A
Revenue Next Year-19.73%
Revenue Next 2Y-10.66%
Revenue Next 3Y0.49%
Revenue Next 5YN/A

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 decreasing.

0

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for AG. In the last year negative earnings were reported.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for AG. No positive earnings are expected for the next year.
Industry RankSector Rank
PE N/A
Fwd PE N/A

4.2 Price Multiples

AG's Enterprise Value to EBITDA ratio is in line with the industry average.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 17.63

4.3 Compensation for Growth

AG's earnings are expected to decrease with -2.83% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y101.49%
EPS Next 3Y-2.83%

1

5. Dividend

5.1 Amount

With a yearly dividend of 0.34%, AG is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.00, AG has a dividend in line with its industry peers.
With a Dividend Yield of 0.34, AG pays less dividend than the S&P500 average, which is at 2.34.
Industry RankSector Rank
Dividend Yield 0.34%

5.2 History

AG has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

AG has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-4.34%
EPS Next 2Y101.49%
EPS Next 3Y-2.83%

FIRST MAJESTIC SILVER CORP

NYSE:AG (3/28/2024, 8:04:00 PM)

After market: 5.9 +0.02 (+0.34%)

5.88

+0.3 (+5.38%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap1.69B
Analysts
Price Target
Dividend
Industry RankSector Rank
Dividend Yield 0.34%
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S
P/FCF
P/OCF
P/B
P/tB
EV/EBITDA
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -6.84%
ROE -9.95%
ROCE
ROIC
ROICexc
ROICexgc
OM N/A
PM (TTM) N/A
GM 6.81%
FCFM
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.29
Health
Industry RankSector Rank
Debt/Equity 0.18
Debt/FCF
Debt/EBITDA
Cap/Depr
Cap/Sales
Interest Coverage
Cash Conversion
Profit Quality
Current Ratio 2.57
Quick Ratio 2.04
Altman-Z
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)55%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y14.17%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-8.08%
Revenue growth 3Y16.39%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y