FIRST MAJESTIC SILVER CORP (AG) Stock Fundamental Analysis

NYSE:AG • CA32076V1031

22.96 USD
+1.37 (+6.35%)
At close: Feb 13, 2026
22.9 USD
-0.06 (-0.26%)
After Hours: 2/13/2026, 8:04:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

6

Taking everything into account, AG scores 6 out of 10 in our fundamental rating. AG was compared to 157 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 not priced too expensively while it is growing strongly. Keep and eye on this one!


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

  • AG had positive earnings in the past year.
  • AG had a positive operating cash flow in the past year.
  • AG had negative earnings in 4 of the past 5 years.
  • In the past 5 years AG always reported a positive cash flow from operatings.
AG Yearly Net Income VS EBIT VS OCF VS FCFAG Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M -100M -200M

1.2 Ratios

  • The Return On Assets of AG (1.61%) is better than 61.78% of its industry peers.
  • AG's Return On Equity of 2.63% is fine compared to the rest of the industry. AG outperforms 62.42% of its industry peers.
  • AG has a Return On Invested Capital of 3.64%. This is comparable to the rest of the industry: AG outperforms 57.32% of its industry peers.
Industry RankSector 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
AG Yearly ROA, ROE, ROICAG Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -10 -20 -30

1.3 Margins

  • Looking at the Profit Margin, with a value of 7.07%, AG is in the better half of the industry, outperforming 71.97% of the companies in the same industry.
  • AG has a Operating Margin of 19.10%. This is in the better half of the industry: AG outperforms 70.70% of its industry peers.
  • AG's Operating Margin has declined in the last couple of years.
  • AG's Gross Margin of 27.78% is fine compared to the rest of the industry. AG outperforms 64.33% of its industry peers.
  • In the last couple of years the Gross Margin of AG has declined.
Industry RankSector 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%
AG Yearly Profit, Operating, Gross MarginsAG Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40 -40 -60

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ROAROEROICOperating and Profit MarginShow most profitable peers

7

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so AG is destroying value.
  • AG has more shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, AG has more shares outstanding
  • AG has a better debt/assets ratio than last year.
AG Yearly Shares OutstandingAG Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M
AG Yearly Total Debt VS Total AssetsAG Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B

2.2 Solvency

  • An Altman-Z score of 4.24 indicates that AG is not in any danger for bankruptcy at the moment.
  • The Altman-Z score of AG (4.24) is comparable to the rest of the industry.
  • 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 Debt to FCF ratio of 1.56. This is amongst the best in the industry. AG outperforms 81.53% of its industry peers.
  • A Debt/Equity ratio of 0.09 indicates that AG is not too dependend on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 0.09, AG is in the better half of the industry, outperforming 63.69% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.09
Debt/FCF 1.56
Altman-Z 4.24
ROIC/WACC0.35
WACC10.31%
AG Yearly LT Debt VS Equity VS FCFAG Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M 1B

2.3 Liquidity

  • A Current Ratio of 3.38 indicates that AG has no problem at all paying its short term obligations.
  • The Current ratio of AG (3.38) is better than 68.79% of its industry peers.
  • A Quick Ratio of 2.96 indicates that AG has no problem at all paying its short term obligations.
  • With a decent Quick ratio value of 2.96, AG is doing good in the industry, outperforming 68.79% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 3.38
Quick Ratio 2.96
AG Yearly Current Assets VS Current LiabilitesAG Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

8

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

  • Based on estimates for the next years, AG will show a very strong growth in Earnings Per Share. The EPS will grow by 47.84% on average per year.
  • The Revenue is expected to grow by 25.94% on average over the next years. This is a very strong growth
EPS Next Y345.62%
EPS Next 2Y167.39%
EPS Next 3Y93.71%
EPS Next 5Y47.84%
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.
AG Yearly Revenue VS EstimatesAG Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 500M 1B 1.5B
AG Yearly EPS VS EstimatesAG Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 0 0.2 -0.2 0.4 0.6

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Find the best growth stocksShow best growing peers

4

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 120.84, which means the current valuation is very expensive for AG.
  • Compared to the rest of the industry, the Price/Earnings ratio of AG is on the same level as its industry peers.
  • The average S&P500 Price/Earnings ratio is at 27.97. AG is valued rather expensively when compared to this.
  • AG is valuated quite expensively with a Price/Forward Earnings ratio of 34.29.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of AG is on the same level as its industry peers.
  • AG's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 27.96.
Industry RankSector Rank
PE 120.84
Fwd PE 34.29
AG Price Earnings VS Forward Price EarningsAG Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 50 100 150 200

4.2 Price Multiples

  • AG's Enterprise Value to EBITDA is on the same level as the industry average.
  • 68.79% of the companies in the same industry are more expensive than AG, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 74.22
EV/EBITDA 24.62
AG Per share dataAG EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 1 2 3 4 5

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 93.71% in the coming years.
PEG (NY)0.35
PEG (5Y)N/A
EPS Next 2Y167.39%
EPS Next 3Y93.71%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

3

5. Dividend

5.1 Amount

  • AG has a yearly dividend return of 0.12%, which is pretty low.
  • Compared to an average industry Dividend Yield of 1.04, AG pays a bit more dividend than its industry peers.
  • With a Dividend Yield of 0.12, AG pays less dividend than the S&P500 average, which is at 1.79.
Industry RankSector Rank
Dividend Yield 0.12%

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
AG Yearly Dividends per shareAG Yearly Dividends per shareYearly Dividends per share 2021 2022 2023 2024 2025 0 0 0 0 0

5.3 Sustainability

  • AG pays out 12.79% of its income as dividend. This is a sustainable payout ratio.
DP12.79%
EPS Next 2Y167.39%
EPS Next 3Y93.71%
AG Yearly Income VS Free CF VS DividendAG Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -50M -100M -150M -200M
AG Dividend Payout.AG Dividend Payout, showing the Payout Ratio.AG Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

FIRST MAJESTIC SILVER CORP

NYSE:AG (2/13/2026, 8:04:00 PM)

After market: 22.9 -0.06 (-0.26%)

22.96

+1.37 (+6.35%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)11-05
Earnings (Next)02-19
Inst Owners52.82%
Inst Owner Change1.87%
Ins Owners1.07%
Ins Owner Change0%
Market Cap11.28B
Revenue(TTM)965.57M
Net Income(TTM)68.31M
Analysts80
Price Target23.5 (2.35%)
Short Float %4.53%
Short Ratio0.92
Dividend
Industry RankSector Rank
Dividend Yield 0.12%
Yearly Dividend0.02
Dividend Growth(5Y)N/A
DP12.79%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
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)36.2%
PT rev (3m)45.44%
EPS NQ rev (1m)50%
EPS NQ rev (3m)75%
EPS NY rev (1m)11.51%
EPS NY rev (3m)93.75%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)8.48%
Valuation
Industry RankSector Rank
PE 120.84
Fwd PE 34.29
P/S 11.68
P/FCF 74.22
P/OCF 33.19
P/B 4.34
P/tB 4.34
EV/EBITDA 24.62
EPS(TTM)0.19
EY0.83%
EPS(NY)0.67
Fwd EY2.92%
FCF(TTM)0.31
FCFY1.35%
OCF(TTM)0.69
OCFY3.01%
SpS1.97
BVpS5.29
TBVpS5.29
PEG (NY)0.35
PEG (5Y)N/A
Graham Number4.76
Profitability
Industry RankSector 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 RankSector 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 4.24
F-Score7
WACC10.31%
ROIC/WACC0.35
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 Y345.62%
EPS Next 2Y167.39%
EPS Next 3Y93.71%
EPS Next 5Y47.84%
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 5Y30.45%
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 of FIRST MAJESTIC SILVER CORP (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.


Can you provide the expected EPS growth for AG stock?

The Earnings per Share (EPS) of FIRST MAJESTIC SILVER CORP (AG) is expected to grow by 345.62% in the next year.


Can you provide the dividend sustainability for AG stock?

The dividend rating of FIRST MAJESTIC SILVER CORP (AG) is 3 / 10 and the dividend payout ratio is 12.79%.