FIRST QUANTUM MINERALS LTD (FM.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:FM - CA3359341052 - Common Stock
32.25 CAD
-1.06 (-3.18%)
FM gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 803 industry peers in the Metals & Mining industry. FM has an excellent profitability rating, but there are some minor concerns on its financial health. FM is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
FM had positive earnings in the past year.
In the past year FM had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: FM reported negative net income in multiple years.
Each year in the past 5 years FM had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.19%, FM belongs to the top of the industry, outperforming 83.81% of the companies in the same industry.
FM's Return On Equity of 0.41% is amongst the best of the industry. FM outperforms 84.68% of its industry peers.
FM has a better Return On Invested Capital (3.33%) than 90.29% of its industry peers.
The Average Return On Invested Capital over the past 3 years for FM is significantly below the industry average of 12.71%.
| 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
Looking at the Profit Margin, with a value of 0.92%, FM belongs to the top of the industry, outperforming 89.29% of the companies in the same industry.
In the last couple of years the Profit Margin of FM has declined.
With an excellent Operating Margin value of 21.18%, FM belongs to the best of the industry, outperforming 92.78% of the companies in the same industry.
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 90.41% of the companies in the same industry.
FM's Gross Margin has improved in the last couple of years.
| 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.
The number of shares outstanding for FM has been increased compared to 1 year ago.
FM has more shares outstanding than it did 5 years ago.
FM has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.58, we must say that FM is in the distress zone and has some risk of bankruptcy.
FM has a Altman-Z score (1.58) which is comparable to the rest of the 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 has a Debt to FCF ratio of 4.67. This is amongst the best in the industry. FM outperforms 90.41% of its industry peers.
A Debt/Equity ratio of 0.59 indicates that FM is somewhat dependend on debt financing.
FM's Debt to Equity ratio of 0.59 is on the low side compared to the rest of the industry. FM is outperformed by 73.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.59 | ||
| Debt/FCF | 4.67 | ||
| Altman-Z | 1.58 |
ROIC/WACC0.36
WACC9.37%
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.
With a Current ratio value of 1.94, FM perfoms like the industry average, outperforming 49.81% of the companies in the same industry.
A Quick Ratio of 1.08 indicates that FM should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.08, FM perfoms like the industry average, outperforming 41.84% of the companies in the same industry.
| 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.
The earnings per share for FM have been decreasing by -87.24% on average. This is quite bad
FM shows a small growth in Revenue. In the last year, the Revenue has grown by 5.33%.
The Revenue has been growing slightly by 3.38% on average over the past years.
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
The Earnings Per Share is expected to grow by 135.91% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 16.19% on average over the next years. This is quite good.
EPS Next Y420.95%
EPS Next 2Y391.9%
EPS Next 3Y285%
EPS Next 5Y135.91%
Revenue Next Year8.07%
Revenue Next 2Y15.35%
Revenue Next 3Y23.61%
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 537.50, FM can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Earnings ratio of FM indicates a rather cheap valuation: FM is cheaper than 84.81% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 26.28. FM is valued rather expensively when compared to this.
FM is valuated quite expensively with a Price/Forward Earnings ratio of 26.31.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FM indicates a rather cheap valuation: FM is cheaper than 87.92% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.52. FM is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 537.5 | ||
| Fwd PE | 26.31 |
4.2 Price Multiples
92.15% of the companies in the same industry are more expensive than FM, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, FM is valued cheaply inside the industry as 97.38% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.62 | ||
| EV/EBITDA | 14.78 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
FM has a very decent profitability rating, which may justify a higher PE ratio.
FM's earnings are expected to grow with 285.00% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.28
PEG (5Y)N/A
EPS Next 2Y391.9%
EPS Next 3Y285%
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 10.79. FM pays more dividend than 98.63% of the companies in the same industry.
FM's Dividend Yield is a higher than the S&P500 average which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.78% |
5.2 History
FM has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DP0%
EPS Next 2Y391.9%
EPS Next 3Y285%
TSX:FM (12/9/2025, 7:00:00 PM)
32.25
-1.06 (-3.18%)
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 Cap26.90B
Revenue(TTM)5.02B
Net Income(TTM)46.00M
Analysts76.77
Price Target34.89 (8.19%)
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)4.91%
PT rev (3m)34.32%
EPS NQ rev (1m)-28.11%
EPS NQ rev (3m)63.84%
EPS NY rev (1m)-12.19%
EPS NY rev (3m)15.22%
Revenue NQ rev (1m)0.67%
Revenue NQ rev (3m)9.43%
Revenue NY rev (1m)-1.26%
Revenue NY rev (3m)0.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 537.5 | ||
| Fwd PE | 26.31 | ||
| P/S | 3.88 | ||
| P/FCF | 12.62 | ||
| P/OCF | 7.22 | ||
| P/B | 1.72 | ||
| P/tB | 1.76 | ||
| EV/EBITDA | 14.78 |
EPS(TTM)0.06
EY0.19%
EPS(NY)1.23
Fwd EY3.8%
FCF(TTM)2.56
FCFY7.92%
OCF(TTM)4.47
OCFY13.86%
SpS8.3
BVpS18.75
TBVpS18.36
PEG (NY)1.28
PEG (5Y)N/A
Graham Number5.03
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 | 1.58 |
F-Score8
WACC9.37%
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 Y420.95%
EPS Next 2Y391.9%
EPS Next 3Y285%
EPS Next 5Y135.91%
Revenue 1Y (TTM)5.33%
Revenue growth 3Y-12.68%
Revenue growth 5Y3.38%
Sales Q2Q%5.24%
Revenue Next Year8.07%
Revenue Next 2Y15.35%
Revenue Next 3Y23.61%
Revenue Next 5Y16.19%
EBIT growth 1Y57.95%
EBIT growth 3Y-25.89%
EBIT growth 5Y7.52%
EBIT Next Year119.18%
EBIT Next 3Y81%
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 537.5 and the Price/Book (PB) ratio is 1.72.
How financially healthy is FIRST QUANTUM MINERALS LTD?
The financial health rating of FIRST QUANTUM MINERALS LTD (FM.CA) is 4 / 10.