A-MARK PRECIOUS METALS INC (AMRK)
US00181T1079 - Common Stock
Taking everything into account, AMRK scores 4 out of 10 in our fundamental rating. AMRK was compared to 14 industry peers in the Distributors industry. There are concerns on the financial health of AMRK while its profitability can be described as average. AMRK has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
AMRK had positive earnings in the past year.
AMRK had a negative operating cash flow in the past year.
In the past 5 years AMRK has always been profitable.
In the past 5 years AMRK reported 4 times negative operating cash flow.
1.2 Ratios
The Return On Assets of AMRK (4.75%) is comparable to the rest of the industry.
Looking at the Return On Equity, with a value of 13.61%, AMRK is in the better half of the industry, outperforming 69.23% of the companies in the same industry.
AMRK's Return On Invested Capital of 5.99% is on the low side compared to the rest of the industry. AMRK is outperformed by 61.54% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for AMRK is in line with the industry average of 13.40%.
The 3 year average ROIC (12.07%) for AMRK is well above the current ROIC(5.99%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.75% | ||
| ROE | 13.61% | ||
| ROIC | 5.99% |
ROA(3y)10.9%
ROA(5y)7.41%
ROE(3y)32.41%
ROE(5y)26.12%
ROIC(3y)12.07%
ROIC(5y)8.23%
1.3 Margins
AMRK's Profit Margin of 0.77% is in line compared to the rest of the industry. AMRK outperforms 46.15% of its industry peers.
AMRK's Profit Margin has improved in the last couple of years.
AMRK has a worse Operating Margin (1.07%) than 61.54% of its industry peers.
AMRK's Operating Margin has improved in the last couple of years.
AMRK has a worse Gross Margin (2.03%) than 92.31% of its industry peers.
In the last couple of years the Gross Margin of AMRK has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.07% | ||
| PM (TTM) | 0.77% | ||
| GM | 2.03% |
OM growth 3Y48.98%
OM growth 5YN/A
PM growth 3Y44.47%
PM growth 5YN/A
GM growth 3Y37.27%
GM growth 5Y52.36%
2. Health
2.1 Basic Checks
AMRK has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for AMRK has been reduced compared to 1 year ago.
AMRK has more shares outstanding than it did 5 years ago.
AMRK has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 7.64 indicates that AMRK is not in any danger for bankruptcy at the moment.
The Altman-Z score of AMRK (7.64) is better than 84.62% of its industry peers.
AMRK has a Debt/Equity ratio of 1.42. This is a high value indicating a heavy dependency on external financing.
AMRK has a Debt to Equity ratio of 1.42. This is amonst the worse of the industry: AMRK underperforms 92.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.42 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 7.64 |
ROIC/WACC0.57
WACC10.47%
2.3 Liquidity
AMRK has a Current Ratio of 1.76. This is a normal value and indicates that AMRK is financially healthy and should not expect problems in meeting its short term obligations.
AMRK has a Current ratio (1.76) which is in line with its industry peers.
A Quick Ratio of 0.34 indicates that AMRK may have some problems paying its short term obligations.
The Quick ratio of AMRK (0.34) is worse than 92.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.76 | ||
| Quick Ratio | 0.34 |
3. Growth
3.1 Past
The earnings per share for AMRK have decreased strongly by -47.08% in the last year.
The Earnings Per Share has been growing by 43.36% on average over the past years. This is a very strong growth
AMRK shows a strong growth in Revenue. In the last year, the Revenue has grown by 24.66%.
Measured over the past years, AMRK shows a small growth in Revenue. The Revenue has been growing by 4.07% on average per year.
EPS 1Y (TTM)-47.08%
EPS 3Y43.36%
EPS 5YN/A
EPS Q2Q%-85.62%
Revenue 1Y (TTM)24.66%
Revenue growth 3Y19.36%
Revenue growth 5Y4.07%
Sales Q2Q%12.67%
3.2 Future
The Earnings Per Share is expected to decrease by -0.60% on average over the next years.
AMRK is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.77% yearly.
EPS Next Y-64.18%
EPS Next 2Y-23.6%
EPS Next 3Y-8.27%
EPS Next 5Y-0.6%
Revenue Next Year16.42%
Revenue Next 2Y11.29%
Revenue Next 3Y10.43%
Revenue Next 5Y8.77%
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 decreasing.
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
AMRK is valuated reasonably with a Price/Earnings ratio of 11.78.
AMRK's Price/Earnings ratio is a bit cheaper when compared to the industry. AMRK is cheaper than 69.23% of the companies in the same industry.
When comparing the Price/Earnings ratio of AMRK to the average of the S&P500 Index (24.41), we can say AMRK is valued rather cheaply.
With a Price/Forward Earnings ratio of 10.36, the valuation of AMRK can be described as very reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of AMRK indicates a somewhat cheap valuation: AMRK is cheaper than 69.23% of the companies listed in the same industry.
AMRK's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 20.59.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.78 | ||
| Fwd PE | 10.36 |
4.2 Price Multiples
61.54% of the companies in the same industry are more expensive than AMRK, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 9.06 |
4.3 Compensation for Growth
AMRK's earnings are expected to decrease with -8.27% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-23.6%
EPS Next 3Y-8.27%
5. Dividend
5.1 Amount
AMRK has a Yearly Dividend Yield of 2.18%. Purely for dividend investing, there may be better candidates out there.
AMRK's Dividend Yield is a higher than the industry average which is at 7.39.
Compared to an average S&P500 Dividend Yield of 2.30, AMRK has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.18% |
5.2 History
The dividend of AMRK is nicely growing with an annual growth rate of 60.60%!
AMRK has been paying a dividend for over 5 years, so it has already some track record.
The dividend of AMRK decreased in the last 3 years.
Dividend Growth(5Y)60.6%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
52.87% of the earnings are spent on dividend by AMRK. This is a bit on the high side, but may be sustainable.
The Dividend Rate of AMRK has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP52.87%
EPS Next 2Y-23.6%
EPS Next 3Y-8.27%
A-MARK PRECIOUS METALS INC
NASDAQ:AMRK (7/26/2024, 7:16:21 PM)
After market: 38.4 0 (0%)38.4
+1.78 (+4.86%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustryDistributors
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap878.98M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.18% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
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PT rev (1m)
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EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
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Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.78 | ||
| Fwd PE | 10.36 | ||
| 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 Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.75% | ||
| ROE | 13.61% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 1.07% | ||
| PM (TTM) | 0.77% | ||
| GM | 2.03% | ||
| 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 Turnover6.17
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.42 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.76 | ||
| Quick Ratio | 0.34 | ||
| 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)
High Growth Momentum
Growth
EPS 1Y (TTM)-47.08%
EPS 3Y43.36%
EPS 5Y
EPS Q2Q%
EPS Next Y-64.18%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)24.66%
Revenue growth 3Y19.36%
Revenue growth 5Y
Sales 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