YAMANA GOLD INC (AUY) Stock Fundamental Analysis
NYSE:AUY - New York Stock Exchange, Inc. - CA98462Y1007 - Common Stock - Currency: USD
AUY gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 157 industry peers in the Metals & Mining industry. While AUY is still in line with the averages on profitability rating, there are concerns on its financial health. AUY is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
AUY had positive earnings in the past year.
In the past year AUY had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: AUY reported negative net income in multiple years.
AUY had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
AUY has negative profitability rations, so we won't be analyzing them here.
The Return On Invested Capital of AUY (4.29%) is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for AUY is significantly below the industry average of 12.07%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | N/A | ||
| ROE | N/A | ||
| ROIC | 4.29% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)5.16%
ROIC(5y)N/A
1.3 Margins
Looking at the Operating Margin, with a value of 17.93%, AUY is in the better half of the industry, outperforming 71.92% of the companies in the same industry.
AUY's Operating Margin has improved in the last couple of years.
AUY has a better Gross Margin (56.94%) than 89.73% of its industry peers.
In the last couple of years the Gross Margin of AUY has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.93% | ||
| PM (TTM) | N/A | ||
| GM | 56.94% |
OM growth 3Y5.08%
OM growth 5Y11.32%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.44%
GM growth 5Y6.17%
2. Health
2.1 Basic Checks
AUY has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, AUY has about the same amount of shares outstanding.
The debt/assets ratio for AUY is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.60, we must say that AUY is in the distress zone and has some risk of bankruptcy.
AUY has a worse Altman-Z score (0.60) than 81.51% of its industry peers.
AUY has a debt to FCF ratio of 36.55. This is a negative value and a sign of low solvency as AUY would need 36.55 years to pay back of all of its debts.
The Debt to FCF ratio of AUY (36.55) is better than 60.27% of its industry peers.
AUY has a Debt/Equity ratio of 0.25. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of AUY (0.25) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.25 | ||
| Debt/FCF | 36.55 | ||
| Altman-Z | 0.6 |
ROIC/WACC0.41
WACC10.41%
2.3 Liquidity
A Current Ratio of 1.44 indicates that AUY should not have too much problems paying its short term obligations.
The Current ratio of AUY (1.44) is worse than 84.93% of its industry peers.
A Quick Ratio of 1.00 indicates that AUY should not have too much problems paying its short term obligations.
AUY has a Quick ratio of 1.00. This is in the lower half of the industry: AUY underperforms 76.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.44 | ||
| Quick Ratio | 1 |
3. Growth
3.1 Past
The earnings per share for AUY have decreased by -3.23% in the last year.
AUY shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 37.97% yearly.
The Revenue has decreased by -0.45% in the past year.
AUY shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 0.04% yearly.
EPS 1Y (TTM)-3.23%
EPS 3Y44.23%
EPS 5Y37.97%
EPS Q2Q%-30%
Revenue 1Y (TTM)-0.45%
Revenue growth 3Y3.88%
Revenue growth 5Y0.04%
Sales Q2Q%-9.23%
3.2 Future
AUY is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -44.78% yearly.
Based on estimates for the next years, AUY will show a decrease in Revenue. The Revenue will decrease by -3.15% on average per year.
EPS Next Y-9.36%
EPS Next 2Y-5.84%
EPS Next 3Y-44.78%
EPS Next 5YN/A
Revenue Next Year-0.27%
Revenue Next 2Y-0.71%
Revenue Next 3Y-3.15%
Revenue Next 5YN/A
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 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 19.50, the valuation of AUY can be described as rather expensive.
AUY's Price/Earnings ratio is a bit cheaper when compared to the industry. AUY is cheaper than 67.12% of the companies in the same industry.
When comparing the Price/Earnings ratio of AUY to the average of the S&P500 Index (27.03), we can say AUY is valued slightly cheaper.
AUY is valuated rather expensively with a Price/Forward Earnings ratio of 21.51.
Based on the Price/Forward Earnings ratio, AUY is valued a bit cheaper than 61.64% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.28, AUY is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.5 | ||
| Fwd PE | 21.51 |
4.2 Price Multiples
65.75% of the companies in the same industry are more expensive than AUY, based on the Enterprise Value to EBITDA ratio.
The rest of the industry has a similar Price/Free Cash Flow ratio as AUY.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 241.58 | ||
| EV/EBITDA | 7.69 |
4.3 Compensation for Growth
AUY's earnings are expected to decrease with -44.78% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.51
EPS Next 2Y-5.84%
EPS Next 3Y-44.78%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.26%, AUY has a reasonable but not impressive dividend return.
AUY's Dividend Yield is a higher than the industry average which is at 2.93.
Compared to an average S&P500 Dividend Yield of 2.40, AUY's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.26% |
5.2 History
AUY has been paying a dividend for at least 10 years, so it has a reliable track record.
AUY has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)N/A
Div Incr Years4
Div Non Decr Years6
5.3 Sustainability
The earnings of AUY are negative and hence is the payout ratio. AUY will probably not be able to sustain this dividend level.
DP-11.67%
EPS Next 2Y-5.84%
EPS Next 3Y-44.78%
5.85
-0.04 (-0.68%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners0.03%
Inst Owner Change0%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap5.63B
Analysts73.33
Price Target6.48 (10.77%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.26% |
Yearly Dividend0.3
Dividend Growth(5Y)N/A
DP-11.67%
Div Incr Years4
Div Non Decr Years6
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)19.14%
Min EPS beat(2)16.48%
Max EPS beat(2)21.8%
EPS beat(4)4
Avg EPS beat(4)24.88%
Min EPS beat(4)16.48%
Max EPS beat(4)36.78%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-2.48%
Min Revenue beat(2)-2.82%
Max Revenue beat(2)-2.13%
Revenue beat(4)1
Avg Revenue beat(4)-1.46%
Min Revenue beat(4)-4.44%
Max Revenue beat(4)3.55%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
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)32.11%
PT rev (3m)42.14%
EPS NQ rev (1m)0%
EPS NQ rev (3m)15.63%
EPS NY rev (1m)0%
EPS NY rev (3m)18.6%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.12%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.5 | ||
| Fwd PE | 21.51 | ||
| P/S | 3.11 | ||
| P/FCF | 241.58 | ||
| P/OCF | 10.66 | ||
| P/B | 1.72 | ||
| P/tB | 1.95 | ||
| EV/EBITDA | 7.69 |
EPS(TTM)0.3
EY5.13%
EPS(NY)0.27
Fwd EY4.65%
FCF(TTM)0.02
FCFY0.41%
OCF(TTM)0.55
OCFY9.38%
SpS1.88
BVpS3.41
TBVpS3.01
PEG (NY)N/A
PEG (5Y)0.51
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | N/A | ||
| ROE | N/A | ||
| ROCE | N/A | ||
| ROIC | 4.29% | ||
| ROICexc | 4.59% | ||
| ROICexgc | 4.93% | ||
| OM | 17.93% | ||
| PM (TTM) | N/A | ||
| GM | 56.94% | ||
| FCFM | N/A |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)5.16%
ROIC(5y)N/A
ROICexc(3y)4.86%
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3Y15.46%
ROICexcg growth 5Y19.42%
ROICexc growth 3Y15.08%
ROICexc growth 5Y19.12%
OM growth 3Y5.08%
OM growth 5Y11.32%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.44%
GM growth 5Y6.17%
F-Score3
Asset Turnover0.28
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.25 | ||
| Debt/FCF | 36.55 | ||
| Debt/EBITDA | 1.08 | ||
| Cap/Depr | 108.14% | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.44 | ||
| Quick Ratio | 1 | ||
| Altman-Z | 0.6 |
F-Score3
WACC10.41%
ROIC/WACC0.41
Cap/Depr(3y)87.77%
Cap/Depr(5y)87.12%
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-3.23%
EPS 3Y44.23%
EPS 5Y37.97%
EPS Q2Q%-30%
EPS Next Y-9.36%
EPS Next 2Y-5.84%
EPS Next 3Y-44.78%
EPS Next 5YN/A
Revenue 1Y (TTM)-0.45%
Revenue growth 3Y3.88%
Revenue growth 5Y0.04%
Sales Q2Q%-9.23%
Revenue Next Year-0.27%
Revenue Next 2Y-0.71%
Revenue Next 3Y-3.15%
Revenue Next 5YN/A
EBIT growth 1Y-37.38%
EBIT growth 3Y9.16%
EBIT growth 5Y11.36%
EBIT Next Year131.94%
EBIT Next 3Y19.93%
EBIT Next 5YN/A
FCF growth 1Y-93.49%
FCF growth 3Y-50.33%
FCF growth 5YN/A
OCF growth 1Y-28.86%
OCF growth 3Y0.4%
OCF growth 5Y2.03%