FIRST QUANTUM MINERALS LTD (FM.CA) Stock Fundamental Analysis
Canada - TSX:FM - CA3359341052 - Common Stock
31.56 CAD
-0.78 (-2.41%)
FM gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 818 industry peers in the Metals & Mining industry. While FM belongs to the best of the industry regarding profitability, 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.
In multiple years FM reported negative net income over the last 5 years.
FM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
FM has a Return On Assets of 0.83%. This is amongst the best in the industry. FM outperforms 85.70% of its industry peers.
FM has a Return On Equity of 1.77%. This is amongst the best in the industry. FM outperforms 86.67% of its industry peers.
Looking at the Return On Invested Capital, with a value of 3.79%, FM belongs to the top of the industry, outperforming 90.95% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for FM is significantly below the industry average of 12.11%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.83% | ||
| ROE | 1.77% | ||
| ROIC | 3.79% |
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
Looking at the Profit Margin, with a value of 4.08%, FM belongs to the top of the industry, outperforming 90.71% of the companies in the same industry.
FM's Profit Margin has declined in the last couple of years.
FM's Operating Margin of 24.16% is amongst the best of the industry. FM outperforms 93.64% of its industry peers.
FM's Operating Margin has improved in the last couple of years.
The Gross Margin of FM (31.17%) is better than 91.69% of its industry peers.
In the last couple of years the Gross Margin of FM has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 24.16% | ||
| PM (TTM) | 4.08% | ||
| GM | 31.17% |
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), FM 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 1.63. This is a bad value and indicates that FM is not financially healthy and even has some risk of bankruptcy.
FM has a Altman-Z score (1.63) which is in line with its industry peers.
FM has a debt to FCF ratio of 13.68. This is a negative value and a sign of low solvency as FM would need 13.68 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 13.68, FM belongs to the top of the industry, outperforming 89.49% of the companies in the same industry.
FM has a Debt/Equity ratio of 0.63. This is a neutral value indicating FM is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.63, FM is doing worse than 73.47% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.63 | ||
| Debt/FCF | 13.68 | ||
| Altman-Z | 1.63 |
ROIC/WACC0.44
WACC8.53%
2.3 Liquidity
A Current Ratio of 2.00 indicates that FM has no problem at all paying its short term obligations.
FM has a Current ratio (2.00) which is comparable to the rest of the industry.
FM has a Quick Ratio of 1.00. This is a normal value and indicates that FM is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.00, FM is in line with its industry, outperforming 43.15% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2 | ||
| Quick Ratio | 1 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 385.71% over the past year.
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 for FM has decreased by -10.21% in the past year. This is quite bad
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)385.71%
EPS 3Y-87.24%
EPS 5YN/A
EPS Q2Q%200%
Revenue 1Y (TTM)-10.21%
Revenue growth 3Y-12.68%
Revenue growth 5Y3.38%
Sales Q2Q%-0.41%
3.2 Future
The Earnings Per Share is expected to grow by 116.75% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 13.17% on average over the next years. This is quite good.
EPS Next Y372.28%
EPS Next 2Y333.44%
EPS Next 3Y259.83%
EPS Next 5Y116.75%
Revenue Next Year8.77%
Revenue Next 2Y13.97%
Revenue Next 3Y23.91%
Revenue Next 5Y13.17%
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 112.71 indicates a quite expensive valuation of FM.
Based on the Price/Earnings ratio, FM is valued cheaply inside the industry as 86.31% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 27.90, FM is valued quite expensively.
Based on the Price/Forward Earnings ratio of 33.66, the valuation of FM can be described as expensive.
87.90% of the companies in the same industry are more expensive than FM, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.36, FM is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 112.71 | ||
| Fwd PE | 33.66 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FM is valued cheaper than 92.79% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, FM is valued cheaper than 93.03% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 33.66 | ||
| EV/EBITDA | 14.13 |
4.3 Compensation for Growth
FM's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
FM has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as FM's earnings are expected to grow with 259.83% in the coming years.
PEG (NY)0.3
PEG (5Y)N/A
EPS Next 2Y333.44%
EPS Next 3Y259.83%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.78%, FM has a reasonable but not impressive dividend return.
FM's Dividend Yield is rather good when compared to the industry average which is at 9.91. FM pays more dividend than 98.41% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.44, FM has a dividend comparable with the average S&P500 company.
| 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 2Y333.44%
EPS Next 3Y259.83%
TSX:FM (10/6/2025, 7:00:00 PM)
31.56
-0.78 (-2.41%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners48.24%
Inst Owner ChangeN/A
Ins Owners0.12%
Ins Owner ChangeN/A
Market Cap26.33B
Analysts76.13
Price Target27.44 (-13.05%)
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)2
Avg EPS beat(2)154.39%
Min EPS beat(2)100%
Max EPS beat(2)208.78%
EPS beat(4)4
Avg EPS beat(4)335.44%
Min EPS beat(4)32.41%
Max EPS beat(4)1000.59%
EPS beat(8)6
Avg EPS beat(8)148.05%
EPS beat(12)7
Avg EPS beat(12)93.74%
EPS beat(16)9
Avg EPS beat(16)71.19%
Revenue beat(2)2
Avg Revenue beat(2)7.21%
Min Revenue beat(2)2.68%
Max Revenue beat(2)11.74%
Revenue beat(4)4
Avg Revenue beat(4)6.82%
Min Revenue beat(4)2.61%
Max Revenue beat(4)11.74%
Revenue beat(8)7
Avg Revenue beat(8)6.06%
Revenue beat(12)7
Avg Revenue beat(12)3.12%
Revenue beat(16)8
Avg Revenue beat(16)1.19%
PT rev (1m)5.76%
PT rev (3m)20.88%
EPS NQ rev (1m)2%
EPS NQ rev (3m)734.33%
EPS NY rev (1m)-2.26%
EPS NY rev (3m)203.67%
Revenue NQ rev (1m)4.27%
Revenue NQ rev (3m)15.99%
Revenue NY rev (1m)1.15%
Revenue NY rev (3m)10.52%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 112.71 | ||
| Fwd PE | 33.66 | ||
| P/S | 3.81 | ||
| P/FCF | 33.66 | ||
| P/OCF | 10.68 | ||
| P/B | 1.65 | ||
| P/tB | 1.69 | ||
| EV/EBITDA | 14.13 |
EPS(TTM)0.28
EY0.89%
EPS(NY)0.94
Fwd EY2.97%
FCF(TTM)0.94
FCFY2.97%
OCF(TTM)2.96
OCFY9.37%
SpS8.29
BVpS19.09
TBVpS18.69
PEG (NY)0.3
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.83% | ||
| ROE | 1.77% | ||
| ROCE | 5.27% | ||
| ROIC | 3.79% | ||
| ROICexc | 3.92% | ||
| ROICexgc | 3.96% | ||
| OM | 24.16% | ||
| PM (TTM) | 4.08% | ||
| GM | 31.17% | ||
| FCFM | 11.31% |
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%
ROICexcg growth 3Y-25.91%
ROICexcg 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-Score6
Asset Turnover0.2
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.63 | ||
| Debt/FCF | 13.68 | ||
| Debt/EBITDA | 3.85 | ||
| Cap/Depr | 183.01% | ||
| Cap/Sales | 24.36% | ||
| Interest Coverage | 2.12 | ||
| Cash Conversion | 95.2% | ||
| Profit Quality | 277.23% | ||
| Current Ratio | 2 | ||
| Quick Ratio | 1 | ||
| Altman-Z | 1.63 |
F-Score6
WACC8.53%
ROIC/WACC0.44
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)385.71%
EPS 3Y-87.24%
EPS 5YN/A
EPS Q2Q%200%
EPS Next Y372.28%
EPS Next 2Y333.44%
EPS Next 3Y259.83%
EPS Next 5Y116.75%
Revenue 1Y (TTM)-10.21%
Revenue growth 3Y-12.68%
Revenue growth 5Y3.38%
Sales Q2Q%-0.41%
Revenue Next Year8.77%
Revenue Next 2Y13.97%
Revenue Next 3Y23.91%
Revenue Next 5Y13.17%
EBIT growth 1Y32.15%
EBIT growth 3Y-25.89%
EBIT growth 5Y7.52%
EBIT Next Year121.2%
EBIT Next 3Y75.08%
EBIT Next 5Y41.19%
FCF growth 1Y-3.95%
FCF growth 3Y-42.2%
FCF growth 5YN/A
OCF growth 1Y-0.9%
OCF growth 3Y-16.98%
OCF growth 5Y13.18%