AVINO SILVER & GOLD MINES (ASM.CA) Stock Fundamental Analysis
TSX:ASM - Toronto Stock Exchange - CA0539061030 - Common Stock - Currency: CAD
ASM gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 811 industry peers in the Metals & Mining industry. Both the health and profitability get an excellent rating, making ASM a very profitable company, without any liquidiy or solvency issues. ASM may be a bit undervalued, certainly considering the very reasonable score on growth These ratings would make ASM suitable for value and quality investing!
1. Profitability
1.1 Basic Checks
ASM had positive earnings in the past year.
In the past year ASM had a positive cash flow from operations.
In multiple years ASM reported negative net income over the last 5 years.
Each year in the past 5 years ASM had a positive operating cash flow.
1.2 Ratios
ASM has a better Return On Assets (5.45%) than 91.37% of its industry peers.
With an excellent Return On Equity value of 6.46%, ASM belongs to the best of the industry, outperforming 90.51% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 6.78%, ASM belongs to the top of the industry, outperforming 93.22% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for ASM is significantly below the industry average of 24.67%.
The last Return On Invested Capital (6.78%) for ASM is above the 3 year average (3.72%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.45% | ||
| ROE | 6.46% | ||
| ROIC | 6.78% |
ROA(3y)2.81%
ROA(5y)-1.02%
ROE(3y)3.38%
ROE(5y)-1.09%
ROIC(3y)3.72%
ROIC(5y)N/A
1.3 Margins
ASM has a better Profit Margin (12.24%) than 93.71% of its industry peers.
ASM has a better Operating Margin (24.30%) than 94.33% of its industry peers.
ASM has a Gross Margin of 36.79%. This is amongst the best in the industry. ASM outperforms 93.22% of its industry peers.
In the last couple of years the Gross Margin of ASM has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 24.3% | ||
| PM (TTM) | 12.24% | ||
| GM | 36.79% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y5.18%
GM growth 5YN/A
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ASM is destroying value.
The number of shares outstanding for ASM has been increased compared to 1 year ago.
Compared to 5 years ago, ASM has more shares outstanding
The debt/assets ratio for ASM has been reduced compared to a year ago.
2.2 Solvency
ASM has an Altman-Z score of 8.60. This indicates that ASM is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of ASM (8.60) is better than 73.12% of its industry peers.
The Debt to FCF ratio of ASM is 0.16, which is an excellent value as it means it would take ASM, only 0.16 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 0.16, ASM belongs to the best of the industry, outperforming 96.30% of the companies in the same industry.
ASM has a Debt/Equity ratio of 0.01. This is a healthy value indicating a solid balance between debt and equity.
ASM has a Debt to Equity ratio (0.01) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.16 | ||
| Altman-Z | 8.6 |
ROIC/WACC0.77
WACC8.84%
2.3 Liquidity
ASM has a Current Ratio of 2.62. This indicates that ASM is financially healthy and has no problem in meeting its short term obligations.
ASM's Current ratio of 2.62 is fine compared to the rest of the industry. ASM outperforms 61.53% of its industry peers.
A Quick Ratio of 2.13 indicates that ASM has no problem at all paying its short term obligations.
ASM's Quick ratio of 2.13 is in line compared to the rest of the industry. ASM outperforms 58.45% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.62 | ||
| Quick Ratio | 2.13 |
3. Growth
3.1 Past
ASM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 150.00%, which is quite impressive.
Looking at the last year, ASM shows a very strong growth in Revenue. The Revenue has grown by 50.75%.
The Revenue has been growing by 15.82% on average over the past years. This is quite good.
EPS 1Y (TTM)150%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%752.5%
Revenue 1Y (TTM)50.75%
Revenue growth 3Y80.63%
Revenue growth 5Y15.82%
Sales Q2Q%94.59%
3.2 Future
ASM is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 41.41% yearly.
The Revenue is expected to grow by 3.30% on average over the next years.
EPS Next Y122.2%
EPS Next 2Y108.4%
EPS Next 3Y41.41%
EPS Next 5YN/A
Revenue Next Year19.3%
Revenue Next 2Y22.22%
Revenue Next 3Y9.73%
Revenue Next 5Y3.3%
3.3 Evolution
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
Based on the Price/Earnings ratio of 41.43, the valuation of ASM can be described as expensive.
87.79% of the companies in the same industry are more expensive than ASM, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of ASM to the average of the S&P500 Index (27.85), we can say ASM is valued slightly more expensively.
ASM is valuated rather expensively with a Price/Forward Earnings ratio of 18.87.
Based on the Price/Forward Earnings ratio, ASM is valued cheaply inside the industry as 89.52% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 20.77. ASM is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 41.43 | ||
| Fwd PE | 18.87 |
4.2 Price Multiples
90.63% of the companies in the same industry are more expensive than ASM, based on the Enterprise Value to EBITDA ratio.
ASM's Price/Free Cash Flow ratio is rather cheap when compared to the industry. ASM is cheaper than 94.70% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.79 | ||
| EV/EBITDA | 14.49 |
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.
ASM has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as ASM's earnings are expected to grow with 41.41% in the coming years.
PEG (NY)0.34
PEG (5Y)N/A
EPS Next 2Y108.4%
EPS Next 3Y41.41%
5. Dividend
5.1 Amount
No dividends for ASM!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX:ASM (5/1/2025, 7:00:00 PM)
2.9
-0.12 (-3.97%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners10.25%
Inst Owner ChangeN/A
Ins Owners1.06%
Ins Owner ChangeN/A
Market Cap407.45M
Analysts80
Price Target3.29 (13.45%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-33.99%
Min EPS beat(2)-67%
Max EPS beat(2)-0.99%
EPS beat(4)0
Avg EPS beat(4)-54.62%
Min EPS beat(4)-100%
Max EPS beat(4)-0.99%
EPS beat(8)0
Avg EPS beat(8)-64.93%
EPS beat(12)2
Avg EPS beat(12)-10.45%
EPS beat(16)4
Avg EPS beat(16)-23.56%
Revenue beat(2)1
Avg Revenue beat(2)17.07%
Min Revenue beat(2)-14.7%
Max Revenue beat(2)48.83%
Revenue beat(4)2
Avg Revenue beat(4)6.93%
Min Revenue beat(4)-14.7%
Max Revenue beat(4)48.83%
Revenue beat(8)2
Avg Revenue beat(8)-7.92%
Revenue beat(12)4
Avg Revenue beat(12)-4.63%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)32.29%
PT rev (3m)18.71%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)6.46%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.99%
Revenue NY rev (3m)-2.31%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 41.43 | ||
| Fwd PE | 18.87 | ||
| P/S | 4.45 | ||
| P/FCF | 17.79 | ||
| P/OCF | 12.74 | ||
| P/B | 2.35 | ||
| P/tB | 2.35 | ||
| EV/EBITDA | 14.49 |
EPS(TTM)0.07
EY2.41%
EPS(NY)0.15
Fwd EY5.3%
FCF(TTM)0.16
FCFY5.62%
OCF(TTM)0.23
OCFY7.85%
SpS0.65
BVpS1.23
TBVpS1.23
PEG (NY)0.34
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.45% | ||
| ROE | 6.46% | ||
| ROCE | 12.08% | ||
| ROIC | 6.78% | ||
| ROICexc | 8.53% | ||
| ROICexgc | 8.53% | ||
| OM | 24.3% | ||
| PM (TTM) | 12.24% | ||
| GM | 36.79% | ||
| FCFM | 25.03% |
ROA(3y)2.81%
ROA(5y)-1.02%
ROE(3y)3.38%
ROE(5y)-1.09%
ROIC(3y)3.72%
ROIC(5y)N/A
ROICexc(3y)4.47%
ROICexc(5y)N/A
ROICexgc(3y)4.47%
ROICexgc(5y)N/A
ROCE(3y)6.75%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y5.18%
GM growth 5YN/A
F-Score8
Asset Turnover0.45
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.16 | ||
| Debt/EBITDA | 0.05 | ||
| Cap/Depr | 193.74% | ||
| Cap/Sales | 9.91% | ||
| Interest Coverage | 67.58 | ||
| Cash Conversion | 118.77% | ||
| Profit Quality | 204.49% | ||
| Current Ratio | 2.62 | ||
| Quick Ratio | 2.13 | ||
| Altman-Z | 8.6 |
F-Score8
WACC8.84%
ROIC/WACC0.77
Cap/Depr(3y)585.92%
Cap/Depr(5y)405.27%
Cap/Sales(3y)31.76%
Cap/Sales(5y)27.58%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)150%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%752.5%
EPS Next Y122.2%
EPS Next 2Y108.4%
EPS Next 3Y41.41%
EPS Next 5YN/A
Revenue 1Y (TTM)50.75%
Revenue growth 3Y80.63%
Revenue growth 5Y15.82%
Sales Q2Q%94.59%
Revenue Next Year19.3%
Revenue Next 2Y22.22%
Revenue Next 3Y9.73%
Revenue Next 5Y3.3%
EBIT growth 1Y4644.54%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year101.11%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y237.54%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y1454.03%
OCF growth 3Y494.6%
OCF growth 5Y33.22%