A-MARK PRECIOUS METALS INC (AMRK) Stock Fundamental Analysis
USA - NASDAQ:AMRK - US00181T1079 - Common Stock
26.29 USD
+0.28 (+1.08%)
26.29 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to AMRK. AMRK was compared to 23 industry peers in the Distributors industry. AMRK has a bad profitability rating. Also its financial health evaluation is rather negative. A decent growth rate in combination with a cheap valuation! Better keep an eye on AMRK.
1. Profitability
1.1 Basic Checks
In the past year AMRK was profitable.
In the past year AMRK had a positive cash flow from operations.
AMRK had positive earnings in each of the past 5 years.
In multiple years AMRK reported negative operating cash flow during the last 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.78%, AMRK is in line with its industry, outperforming 56.52% of the companies in the same industry.
With a Return On Equity value of 2.67%, AMRK perfoms like the industry average, outperforming 56.52% of the companies in the same industry.
AMRK has a Return On Invested Capital of 2.46%. This is comparable to the rest of the industry: AMRK outperforms 43.48% of its industry peers.
AMRK had an Average Return On Invested Capital over the past 3 years of 6.45%. This is significantly below the industry average of 14.78%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.78% | ||
| ROE | 2.67% | ||
| ROIC | 2.46% |
ROA(3y)4.88%
ROA(5y)7.45%
ROE(3y)13.35%
ROE(5y)22.24%
ROIC(3y)6.45%
ROIC(5y)8.55%
1.3 Margins
With a Profit Margin value of 0.16%, AMRK perfoms like the industry average, outperforming 52.17% of the companies in the same industry.
AMRK's Profit Margin has declined in the last couple of years.
AMRK's Operating Margin of 0.46% is in line compared to the rest of the industry. AMRK outperforms 43.48% of its industry peers.
In the last couple of years the Operating Margin of AMRK has declined.
The Gross Margin of AMRK (1.92%) is worse than 78.26% of its industry peers.
AMRK's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.46% | ||
| PM (TTM) | 0.16% | ||
| GM | 1.92% |
OM growth 3Y-38.17%
OM growth 5Y-6.56%
PM growth 3Y-54.03%
PM growth 5Y-22.34%
GM growth 3Y-15.72%
GM growth 5Y9.38%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), AMRK is destroying value.
Compared to 1 year ago, AMRK has more shares outstanding
Compared to 5 years ago, AMRK has more shares outstanding
Compared to 1 year ago, AMRK has an improved debt to assets ratio.
2.2 Solvency
AMRK has an Altman-Z score of 5.91. This indicates that AMRK is financially healthy and has little risk of bankruptcy at the moment.
AMRK has a better Altman-Z score (5.91) than 65.22% of its industry peers.
The Debt to FCF ratio of AMRK is 6.23, which is on the high side as it means it would take AMRK, 6.23 years of fcf income to pay off all of its debts.
AMRK has a Debt to FCF ratio of 6.23. This is in the better half of the industry: AMRK outperforms 65.22% of its industry peers.
A Debt/Equity ratio of 1.35 is on the high side and indicates that AMRK has dependencies on debt financing.
The Debt to Equity ratio of AMRK (1.35) is worse than 69.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.35 | ||
| Debt/FCF | 6.23 | ||
| Altman-Z | 5.91 |
ROIC/WACC0.27
WACC9.08%
2.3 Liquidity
AMRK has a Current Ratio of 1.56. This is a normal value and indicates that AMRK is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.56, AMRK perfoms like the industry average, outperforming 47.83% of the companies in the same industry.
A Quick Ratio of 0.42 indicates that AMRK may have some problems paying its short term obligations.
AMRK has a worse Quick ratio (0.42) than 78.26% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.56 | ||
| Quick Ratio | 0.42 |
3. Growth
3.1 Past
AMRK shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -52.87%.
The earnings per share for AMRK have been decreasing by -14.41% on average. This is quite bad
AMRK shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 13.19%.
AMRK shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 14.99% yearly.
EPS 1Y (TTM)-52.87%
EPS 3Y-43.33%
EPS 5Y-14.41%
EPS Q2Q%-45.95%
Revenue 1Y (TTM)13.19%
Revenue growth 3Y10.4%
Revenue growth 5Y14.99%
Sales Q2Q%35.57%
3.2 Future
AMRK is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 46.99% yearly.
The Revenue is expected to grow by 5.60% on average over the next years.
EPS Next Y118.55%
EPS Next 2Y80.59%
EPS Next 3Y71.67%
EPS Next 5Y46.99%
Revenue Next Year-4.13%
Revenue Next 2Y2.08%
Revenue Next 3Y4.88%
Revenue Next 5Y5.6%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
AMRK is valuated quite expensively with a Price/Earnings ratio of 32.06.
AMRK's Price/Earnings ratio is a bit cheaper when compared to the industry. AMRK is cheaper than 60.87% of the companies in the same industry.
AMRK's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 26.34.
Based on the Price/Forward Earnings ratio of 8.14, the valuation of AMRK can be described as reasonable.
Based on the Price/Forward Earnings ratio, AMRK is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 34.43. AMRK is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.06 | ||
| Fwd PE | 8.14 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AMRK indicates a somewhat cheap valuation: AMRK is cheaper than 65.22% of the companies listed in the same industry.
95.65% of the companies in the same industry are more expensive than AMRK, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.57 | ||
| EV/EBITDA | 12.41 |
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.
AMRK's earnings are expected to grow with 71.67% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.27
PEG (5Y)N/A
EPS Next 2Y80.59%
EPS Next 3Y71.67%
5. Dividend
5.1 Amount
AMRK has a Yearly Dividend Yield of 3.04%.
AMRK's Dividend Yield is rather good when compared to the industry average which is at 3.41. AMRK pays more dividend than 82.61% of the companies in the same industry.
AMRK's Dividend Yield is a higher than the S&P500 average which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.04% |
5.2 History
AMRK has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
108.57% of the earnings are spent on dividend by AMRK. This is not a sustainable payout ratio.
DP108.57%
EPS Next 2Y80.59%
EPS Next 3Y71.67%
26.29
+0.28 (+1.08%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustryDistributors
Earnings (Last)
Earnings (Next)
Inst Owners63.59%
Inst Owner Change0.79%
Ins Owners16.4%
Ins Owner Change-0.3%
Market Cap647.79M
Revenue(TTM)10.98B
Net Income(TTM)17.32M
Analysts80
Price Target41.31 (57.13%)
Short Float %9.5%
Short Ratio4.8
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.04% |
Yearly Dividend0.79
Dividend Growth(5Y)N/A
DP108.57%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-59.25%
Min EPS beat(2)-110%
Max EPS beat(2)-8.49%
EPS beat(4)0
Avg EPS beat(4)-57.69%
Min EPS beat(4)-110%
Max EPS beat(4)-8.49%
EPS beat(8)0
Avg EPS beat(8)-46.86%
EPS beat(12)3
Avg EPS beat(12)-25.2%
EPS beat(16)7
Avg EPS beat(16)-9%
Revenue beat(2)1
Avg Revenue beat(2)-4.97%
Min Revenue beat(2)-15.31%
Max Revenue beat(2)5.36%
Revenue beat(4)3
Avg Revenue beat(4)-0.13%
Min Revenue beat(4)-15.31%
Max Revenue beat(4)7.92%
Revenue beat(8)5
Avg Revenue beat(8)2.92%
Revenue beat(12)7
Avg Revenue beat(12)4.65%
Revenue beat(16)8
Avg Revenue beat(16)2.3%
PT rev (1m)0%
PT rev (3m)1.25%
EPS NQ rev (1m)0%
EPS NQ rev (3m)3.05%
EPS NY rev (1m)0%
EPS NY rev (3m)2.72%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-4.69%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-6.74%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.06 | ||
| Fwd PE | 8.14 | ||
| P/S | 0.06 | ||
| P/FCF | 4.57 | ||
| P/OCF | 4.25 | ||
| P/B | 1 | ||
| P/tB | 2.28 | ||
| EV/EBITDA | 12.41 |
EPS(TTM)0.82
EY3.12%
EPS(NY)3.23
Fwd EY12.28%
FCF(TTM)5.75
FCFY21.87%
OCF(TTM)6.18
OCFY23.52%
SpS445.56
BVpS26.36
TBVpS11.51
PEG (NY)0.27
PEG (5Y)N/A
Graham Number22.05
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.78% | ||
| ROE | 2.67% | ||
| ROCE | 4.62% | ||
| ROIC | 2.46% | ||
| ROICexc | 2.58% | ||
| ROICexgc | 3.38% | ||
| OM | 0.46% | ||
| PM (TTM) | 0.16% | ||
| GM | 1.92% | ||
| FCFM | 1.29% |
ROA(3y)4.88%
ROA(5y)7.45%
ROE(3y)13.35%
ROE(5y)22.24%
ROIC(3y)6.45%
ROIC(5y)8.55%
ROICexc(3y)6.68%
ROICexc(5y)9.06%
ROICexgc(3y)8.03%
ROICexgc(5y)11.08%
ROCE(3y)14.86%
ROCE(5y)20.52%
ROICexgc growth 3Y-36.5%
ROICexgc growth 5Y-9.18%
ROICexc growth 3Y-38.7%
ROICexc growth 5Y-13.46%
OM growth 3Y-38.17%
OM growth 5Y-6.56%
PM growth 3Y-54.03%
PM growth 5Y-22.34%
GM growth 3Y-15.72%
GM growth 5Y9.38%
F-Score5
Asset Turnover4.96
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.35 | ||
| Debt/FCF | 6.23 | ||
| Debt/EBITDA | 11.92 | ||
| Cap/Depr | 46.59% | ||
| Cap/Sales | 0.1% | ||
| Interest Coverage | 1.19 | ||
| Cash Conversion | 206.56% | ||
| Profit Quality | 817.95% | ||
| Current Ratio | 1.56 | ||
| Quick Ratio | 0.42 | ||
| Altman-Z | 5.91 |
F-Score5
WACC9.08%
ROIC/WACC0.27
Cap/Depr(3y)87.67%
Cap/Depr(5y)58.62%
Cap/Sales(3y)0.12%
Cap/Sales(5y)0.09%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-52.87%
EPS 3Y-43.33%
EPS 5Y-14.41%
EPS Q2Q%-45.95%
EPS Next Y118.55%
EPS Next 2Y80.59%
EPS Next 3Y71.67%
EPS Next 5Y46.99%
Revenue 1Y (TTM)13.19%
Revenue growth 3Y10.4%
Revenue growth 5Y14.99%
Sales Q2Q%35.57%
Revenue Next Year-4.13%
Revenue Next 2Y2.08%
Revenue Next 3Y4.88%
Revenue Next 5Y5.6%
EBIT growth 1Y-31.39%
EBIT growth 3Y-31.74%
EBIT growth 5Y7.44%
EBIT Next Year171.12%
EBIT Next 3Y64.85%
EBIT Next 5Y42.53%
FCF growth 1Y213.68%
FCF growth 3YN/A
FCF growth 5Y24.72%
OCF growth 1Y150.02%
OCF growth 3YN/A
OCF growth 5Y26.02%
A-MARK PRECIOUS METALS INC / AMRK FAQ
What is the ChartMill fundamental rating of A-MARK PRECIOUS METALS INC (AMRK) stock?
ChartMill assigns a fundamental rating of 4 / 10 to AMRK.
What is the valuation status of A-MARK PRECIOUS METALS INC (AMRK) stock?
ChartMill assigns a valuation rating of 7 / 10 to A-MARK PRECIOUS METALS INC (AMRK). This can be considered as Undervalued.
How profitable is A-MARK PRECIOUS METALS INC (AMRK) stock?
A-MARK PRECIOUS METALS INC (AMRK) has a profitability rating of 3 / 10.
Can you provide the expected EPS growth for AMRK stock?
The Earnings per Share (EPS) of A-MARK PRECIOUS METALS INC (AMRK) is expected to grow by 118.55% in the next year.
How sustainable is the dividend of A-MARK PRECIOUS METALS INC (AMRK) stock?
The dividend rating of A-MARK PRECIOUS METALS INC (AMRK) is 4 / 10 and the dividend payout ratio is 108.57%.