AVINO SILVER & GOLD MINES (ASM) Stock Fundamental Analysis
NYSEARCA:ASM - NYSE Arca - CA0539061030 - Common Stock - Currency: USD
Overall ASM gets a fundamental rating of 6 out of 10. We evaluated ASM against 154 industry peers in the Metals & Mining industry. ASM gets an excellent profitability rating and is at the same time showing great financial health properties. ASM has a decent growth rate and is not valued too expensively. With these ratings, ASM could be worth investigating further for quality investing!.
1. Profitability
1.1 Basic Checks
ASM had positive earnings in the past year.
ASM had a positive operating cash flow in the past year.
In multiple years ASM reported negative net income over the last 5 years.
ASM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
ASM has a Return On Assets of 8.32%. This is amongst the best in the industry. ASM outperforms 87.01% of its industry peers.
ASM's Return On Equity of 9.92% is fine compared to the rest of the industry. ASM outperforms 78.57% of its industry peers.
With an excellent Return On Invested Capital value of 13.00%, ASM belongs to the best of the industry, outperforming 92.86% 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 11.67%.
The 3 year average ROIC (5.24%) for ASM is below the current ROIC(13.00%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.32% | ||
| ROE | 9.92% | ||
| ROIC | 13% |
ROA(3y)2.81%
ROA(5y)-1.02%
ROE(3y)3.38%
ROE(5y)-1.09%
ROIC(3y)5.24%
ROIC(5y)N/A
1.3 Margins
ASM has a better Profit Margin (18.06%) than 87.01% of its industry peers.
ASM has a better Operating Margin (32.38%) than 87.01% of its industry peers.
ASM has a better Gross Margin (44.85%) than 84.42% of its industry peers.
ASM's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 32.38% | ||
| PM (TTM) | 18.06% | ||
| GM | 44.85% |
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
ASM has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, ASM has more shares outstanding
ASM has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, ASM has an improved debt to assets ratio.
2.2 Solvency
ASM has an Altman-Z score of 13.83. This indicates that ASM is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of ASM (13.83) is better than 83.12% of its industry peers.
The Debt to FCF ratio of ASM is 0.33, which is an excellent value as it means it would take ASM, only 0.33 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 0.33, ASM belongs to the best of the industry, outperforming 92.86% of the companies in the same industry.
ASM has a Debt/Equity ratio of 0.02. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.02, ASM is doing good in the industry, outperforming 72.73% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.33 | ||
| Altman-Z | 13.83 |
ROIC/WACC1.49
WACC8.72%
2.3 Liquidity
A Current Ratio of 3.11 indicates that ASM has no problem at all paying its short term obligations.
ASM's Current ratio of 3.11 is fine compared to the rest of the industry. ASM outperforms 65.58% of its industry peers.
A Quick Ratio of 2.45 indicates that ASM has no problem at all paying its short term obligations.
ASM's Quick ratio of 2.45 is fine compared to the rest of the industry. ASM outperforms 66.88% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.11 | ||
| Quick Ratio | 2.45 |
3. Growth
3.1 Past
ASM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 350.00%, which is quite impressive.
ASM shows a strong growth in Revenue. In the last year, the Revenue has grown by 56.30%.
ASM shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 15.82% yearly.
EPS 1Y (TTM)350%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%744.44%
Revenue 1Y (TTM)56.3%
Revenue growth 3Y80.63%
Revenue growth 5Y15.82%
Sales Q2Q%51.99%
3.2 Future
Based on estimates for the next years, ASM will show a very strong growth in Earnings Per Share. The EPS will grow by 41.41% on average per year.
ASM is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.30% yearly.
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
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.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 40.89 indicates a quite expensive valuation of ASM.
ASM's Price/Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Earnings ratio of 27.48, ASM is valued a bit more expensive.
Based on the Price/Forward Earnings ratio of 16.95, the valuation of ASM can be described as correct.
The rest of the industry has a similar Price/Forward Earnings ratio as ASM.
The average S&P500 Price/Forward Earnings ratio is at 36.52. ASM is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 40.89 | ||
| Fwd PE | 16.95 |
4.2 Price Multiples
ASM's Enterprise Value to EBITDA is on the same level as the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ASM indicates a somewhat cheap valuation: ASM is cheaper than 71.43% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 34.14 | ||
| EV/EBITDA | 19.45 |
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)0.33
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 |
3.68
-0.2 (-5.15%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners9.91%
Inst Owner Change0%
Ins Owners4%
Ins Owner ChangeN/A
Market Cap517.04M
Analysts80
Price Target2.77 (-24.73%)
Short Float %3.59%
Short Ratio0.87
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)1
Avg EPS beat(2)15.51%
Min EPS beat(2)-0.99%
Max EPS beat(2)32.01%
EPS beat(4)1
Avg EPS beat(4)-21.62%
Min EPS beat(4)-67%
Max EPS beat(4)32.01%
EPS beat(8)1
Avg EPS beat(8)-48.43%
EPS beat(12)2
Avg EPS beat(12)-40.87%
EPS beat(16)4
Avg EPS beat(16)-21.62%
Revenue beat(2)2
Avg Revenue beat(2)31.91%
Min Revenue beat(2)14.98%
Max Revenue beat(2)48.83%
Revenue beat(4)3
Avg Revenue beat(4)13.22%
Min Revenue beat(4)-14.7%
Max Revenue beat(4)48.83%
Revenue beat(8)3
Avg Revenue beat(8)-2.78%
Revenue beat(12)4
Avg Revenue beat(12)-6.33%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-28.59%
PT rev (3m)22.94%
EPS NQ rev (1m)0%
EPS NQ rev (3m)66.67%
EPS NY rev (1m)0%
EPS NY rev (3m)6.46%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)20.51%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.99%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 40.89 | ||
| Fwd PE | 16.95 | ||
| P/S | 7.12 | ||
| P/FCF | 34.14 | ||
| P/OCF | 24.01 | ||
| P/B | 3.91 | ||
| P/tB | 3.91 | ||
| EV/EBITDA | 19.45 |
EPS(TTM)0.09
EY2.45%
EPS(NY)0.22
Fwd EY5.9%
FCF(TTM)0.11
FCFY2.93%
OCF(TTM)0.15
OCFY4.17%
SpS0.52
BVpS0.94
TBVpS0.94
PEG (NY)0.33
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.32% | ||
| ROE | 9.92% | ||
| ROCE | 16.46% | ||
| ROIC | 13% | ||
| ROICexc | 15.98% | ||
| ROICexgc | 15.98% | ||
| OM | 32.38% | ||
| PM (TTM) | 18.06% | ||
| GM | 44.85% | ||
| FCFM | 20.86% |
ROA(3y)2.81%
ROA(5y)-1.02%
ROE(3y)3.38%
ROE(5y)-1.09%
ROIC(3y)5.24%
ROIC(5y)N/A
ROICexc(3y)6.29%
ROICexc(5y)N/A
ROICexgc(3y)6.29%
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-Score7
Asset Turnover0.46
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.33 | ||
| Debt/EBITDA | 0.09 | ||
| Cap/Depr | 187.86% | ||
| Cap/Sales | 8.8% | ||
| Interest Coverage | 97.18 | ||
| Cash Conversion | 80% | ||
| Profit Quality | 115.46% | ||
| Current Ratio | 3.11 | ||
| Quick Ratio | 2.45 | ||
| Altman-Z | 13.83 |
F-Score7
WACC8.72%
ROIC/WACC1.49
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)350%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%744.44%
EPS Next Y122.2%
EPS Next 2Y108.4%
EPS Next 3Y41.41%
EPS Next 5YN/A
Revenue 1Y (TTM)56.3%
Revenue growth 3Y80.63%
Revenue growth 5Y15.82%
Sales Q2Q%51.99%
Revenue Next Year19.3%
Revenue Next 2Y22.22%
Revenue Next 3Y9.73%
Revenue Next 5Y3.3%
EBIT growth 1Y3501.38%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year101.11%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y292.7%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y143.88%
OCF growth 3Y494.6%
OCF growth 5Y33.22%