FIRST QUANTUM MINERALS LTD (FM.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:FM - CA3359341052 - Common Stock
36.49 CAD
+0.07 (+0.19%)
FM gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 804 industry peers in the Metals & Mining industry. While FM has a great profitability rating, there are some minor concerns on its financial health. FM has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
FM had positive earnings in the past year.
FM had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: FM reported negative net income in multiple years.
FM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.19%, FM belongs to the top of the industry, outperforming 84.08% of the companies in the same industry.
FM has a better Return On Equity (0.41%) than 84.83% of its industry peers.
FM's Return On Invested Capital of 3.33% is amongst the best of the industry. FM outperforms 90.17% of its industry peers.
The Average Return On Invested Capital over the past 3 years for FM is significantly below the industry average of 12.96%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.19% | ||
| ROE | 0.41% | ||
| ROIC | 3.33% |
ROA(3y)0.04%
ROA(5y)0.53%
ROE(3y)0.06%
ROE(5y)1.29%
ROIC(3y)4.33%
ROIC(5y)4.7%
1.3 Margins
FM has a better Profit Margin (0.92%) than 89.05% of its industry peers.
In the last couple of years the Profit Margin of FM has declined.
FM's Operating Margin of 21.18% is amongst the best of the industry. FM outperforms 92.41% of its industry peers.
In the last couple of years the Operating Margin of FM has grown nicely.
With an excellent Gross Margin value of 28.84%, FM belongs to the best of the industry, outperforming 90.42% of the companies in the same industry.
In the last couple of years the Gross Margin of FM has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 21.18% | ||
| PM (TTM) | 0.92% | ||
| GM | 28.84% |
OM growth 3Y-15.13%
OM growth 5Y4.01%
PM growth 3Y-84.66%
PM growth 5YN/A
GM growth 3Y-7.5%
GM growth 5Y7.67%
2. Health
2.1 Basic Checks
FM has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
FM has more shares outstanding than it did 1 year ago.
FM has more shares outstanding than it did 5 years ago.
The debt/assets ratio for FM has been reduced compared to a year ago.
2.2 Solvency
FM has an Altman-Z score of 1.69. This is a bad value and indicates that FM is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.69, FM is in line with its industry, outperforming 44.53% of the companies in the same industry.
FM has a debt to FCF ratio of 4.67. This is a neutral value as FM would need 4.67 years to pay back of all of its debts.
FM's Debt to FCF ratio of 4.67 is amongst the best of the industry. FM outperforms 90.67% of its industry peers.
FM has a Debt/Equity ratio of 0.59. This is a neutral value indicating FM is somewhat dependend on debt financing.
The Debt to Equity ratio of FM (0.59) is worse than 74.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.59 | ||
| Debt/FCF | 4.67 | ||
| Altman-Z | 1.69 |
ROIC/WACC0.36
WACC9.31%
2.3 Liquidity
FM has a Current Ratio of 1.94. This is a normal value and indicates that FM is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of FM (1.94) is comparable to the rest of the industry.
A Quick Ratio of 1.08 indicates that FM should not have too much problems paying its short term obligations.
FM has a Quick ratio of 1.08. This is comparable to the rest of the industry: FM outperforms 41.04% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.94 | ||
| Quick Ratio | 1.08 |
3. Growth
3.1 Past
FM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 108.89%, which is quite impressive.
FM shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -87.24% yearly.
The Revenue has been growing slightly by 5.33% in the past year.
Measured over the past years, FM shows a small growth in Revenue. The Revenue has been growing by 3.38% on average per year.
EPS 1Y (TTM)108.89%
EPS 3Y-87.24%
EPS 5YN/A
EPS Q2Q%-114.29%
Revenue 1Y (TTM)5.33%
Revenue growth 3Y-12.68%
Revenue growth 5Y3.38%
Sales Q2Q%5.24%
3.2 Future
Based on estimates for the next years, FM will show a very strong growth in Earnings Per Share. The EPS will grow by 135.91% on average per year.
Based on estimates for the next years, FM will show a quite strong growth in Revenue. The Revenue will grow by 16.19% on average per year.
EPS Next Y331.29%
EPS Next 2Y408.96%
EPS Next 3Y291.51%
EPS Next 5Y135.91%
Revenue Next Year7.66%
Revenue Next 2Y15.75%
Revenue Next 3Y23.81%
Revenue Next 5Y16.19%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 729.80 indicates a quite expensive valuation of FM.
Compared to the rest of the industry, the Price/Earnings ratio of FM indicates a rather cheap valuation: FM is cheaper than 85.32% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 26.84. FM is valued rather expensively when compared to this.
The Price/Forward Earnings ratio is 27.88, which means the current valuation is very expensive for FM.
Based on the Price/Forward Earnings ratio, FM is valued cheaply inside the industry as 87.94% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 23.40. FM is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 729.8 | ||
| Fwd PE | 27.88 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FM is valued cheaper than 91.79% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of FM indicates a rather cheap valuation: FM is cheaper than 97.51% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.4 | ||
| EV/EBITDA | 16.18 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates FM does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of FM may justify a higher PE ratio.
FM's earnings are expected to grow with 291.50% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.2
PEG (5Y)N/A
EPS Next 2Y408.96%
EPS Next 3Y291.51%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.78%, FM has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 0.66, FM pays a better dividend. On top of this FM pays more dividend than 98.63% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.00, FM pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.78% |
5.2 History
FM has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DP0%
EPS Next 2Y408.96%
EPS Next 3Y291.51%
TSX:FM (12/29/2025, 7:00:00 PM)
36.49
+0.07 (+0.19%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners52.4%
Inst Owner ChangeN/A
Ins Owners0.12%
Ins Owner ChangeN/A
Market Cap30.44B
Revenue(TTM)5.02B
Net Income(TTM)46.00M
Analysts76.77
Price Target35.52 (-2.66%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.78% |
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)41.65%
Min EPS beat(2)-125.48%
Max EPS beat(2)208.78%
EPS beat(4)3
Avg EPS beat(4)53.93%
Min EPS beat(4)-125.48%
Max EPS beat(4)208.78%
EPS beat(8)5
Avg EPS beat(8)118.88%
EPS beat(12)7
Avg EPS beat(12)84.75%
EPS beat(16)8
Avg EPS beat(16)63.28%
Revenue beat(2)1
Avg Revenue beat(2)-2.94%
Min Revenue beat(2)-8.56%
Max Revenue beat(2)2.68%
Revenue beat(4)3
Avg Revenue beat(4)2.12%
Min Revenue beat(4)-8.56%
Max Revenue beat(4)11.74%
Revenue beat(8)6
Avg Revenue beat(8)4.77%
Revenue beat(12)7
Avg Revenue beat(12)2.69%
Revenue beat(16)8
Avg Revenue beat(16)0.92%
PT rev (1m)1.29%
PT rev (3m)36.71%
EPS NQ rev (1m)30.28%
EPS NQ rev (3m)34.91%
EPS NY rev (1m)-36.72%
EPS NY rev (3m)-15.06%
Revenue NQ rev (1m)0.52%
Revenue NQ rev (3m)8.35%
Revenue NY rev (1m)-1.63%
Revenue NY rev (3m)-0.19%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 729.8 | ||
| Fwd PE | 27.88 | ||
| P/S | 4.43 | ||
| P/FCF | 14.4 | ||
| P/OCF | 8.23 | ||
| P/B | 1.96 | ||
| P/tB | 2 | ||
| EV/EBITDA | 16.18 |
EPS(TTM)0.05
EY0.14%
EPS(NY)1.31
Fwd EY3.59%
FCF(TTM)2.53
FCFY6.94%
OCF(TTM)4.43
OCFY12.15%
SpS8.23
BVpS18.59
TBVpS18.2
PEG (NY)2.2
PEG (5Y)N/A
Graham Number4.57
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.19% | ||
| ROE | 0.41% | ||
| ROCE | 4.62% | ||
| ROIC | 3.33% | ||
| ROICexc | 3.47% | ||
| ROICexgc | 3.51% | ||
| OM | 21.18% | ||
| PM (TTM) | 0.92% | ||
| GM | 28.84% | ||
| FCFM | 30.77% |
ROA(3y)0.04%
ROA(5y)0.53%
ROE(3y)0.06%
ROE(5y)1.29%
ROIC(3y)4.33%
ROIC(5y)4.7%
ROICexc(3y)4.6%
ROICexc(5y)5.02%
ROICexgc(3y)4.65%
ROICexgc(5y)5.07%
ROCE(3y)6.03%
ROCE(5y)6.54%
ROICexgc growth 3Y-25.91%
ROICexgc growth 5Y7.47%
ROICexc growth 3Y-25.91%
ROICexc growth 5Y7.47%
OM growth 3Y-15.13%
OM growth 5Y4.01%
PM growth 3Y-84.66%
PM growth 5YN/A
GM growth 3Y-7.5%
GM growth 5Y7.67%
F-Score8
Asset Turnover0.2
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.59 | ||
| Debt/FCF | 4.67 | ||
| Debt/EBITDA | 3.82 | ||
| Cap/Depr | 166.24% | ||
| Cap/Sales | 23.06% | ||
| Interest Coverage | 1.66 | ||
| Cash Conversion | 153.55% | ||
| Profit Quality | 3356.52% | ||
| Current Ratio | 1.94 | ||
| Quick Ratio | 1.08 | ||
| Altman-Z | 1.69 |
F-Score8
WACC9.31%
ROIC/WACC0.36
Cap/Depr(3y)138%
Cap/Depr(5y)109.78%
Cap/Sales(3y)20.74%
Cap/Sales(5y)17.55%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)108.89%
EPS 3Y-87.24%
EPS 5YN/A
EPS Q2Q%-114.29%
EPS Next Y331.29%
EPS Next 2Y408.96%
EPS Next 3Y291.51%
EPS Next 5Y135.91%
Revenue 1Y (TTM)5.33%
Revenue growth 3Y-12.68%
Revenue growth 5Y3.38%
Sales Q2Q%5.24%
Revenue Next Year7.66%
Revenue Next 2Y15.75%
Revenue Next 3Y23.81%
Revenue Next 5Y16.19%
EBIT growth 1Y57.95%
EBIT growth 3Y-25.89%
EBIT growth 5Y7.52%
EBIT Next Year116.27%
EBIT Next 3Y80.82%
EBIT Next 5Y48.83%
FCF growth 1Y167.13%
FCF growth 3Y-42.2%
FCF growth 5YN/A
OCF growth 1Y45.92%
OCF growth 3Y-16.98%
OCF growth 5Y13.18%
FIRST QUANTUM MINERALS LTD / FM.CA FAQ
Can you provide the ChartMill fundamental rating for FIRST QUANTUM MINERALS LTD?
ChartMill assigns a fundamental rating of 6 / 10 to FM.CA.
What is the valuation status for FM stock?
ChartMill assigns a valuation rating of 6 / 10 to FIRST QUANTUM MINERALS LTD (FM.CA). This can be considered as Fairly Valued.
How profitable is FIRST QUANTUM MINERALS LTD (FM.CA) stock?
FIRST QUANTUM MINERALS LTD (FM.CA) has a profitability rating of 7 / 10.
What are the PE and PB ratios of FIRST QUANTUM MINERALS LTD (FM.CA) stock?
The Price/Earnings (PE) ratio for FIRST QUANTUM MINERALS LTD (FM.CA) is 729.8 and the Price/Book (PB) ratio is 1.96.
How financially healthy is FIRST QUANTUM MINERALS LTD?
The financial health rating of FIRST QUANTUM MINERALS LTD (FM.CA) is 4 / 10.