FIRST QUANTUM MINERALS LTD (FM.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:FM - CA3359341052 - Common Stock
33.03 CAD
-0.13 (-0.39%)
We assign a fundamental rating of 6 out of 10 to FM. FM was compared to 796 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 decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year FM was profitable.
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 84.42% of the companies in the same industry.
With an excellent Return On Equity value of 0.41%, FM belongs to the best of the industry, outperforming 85.18% of the companies in the same industry.
With an excellent Return On Invested Capital value of 3.33%, FM belongs to the best of the industry, outperforming 90.45% 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 12.63%.
| 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's Profit Margin of 0.92% is amongst the best of the industry. FM outperforms 89.20% of its industry peers.
FM's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 21.18%, FM belongs to the top of the industry, outperforming 92.96% of the companies in the same industry.
FM's Operating Margin has improved in the last couple of years.
FM has a Gross Margin of 28.84%. This is amongst the best in the industry. FM outperforms 90.70% of its industry peers.
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), FM is destroying value.
Compared to 1 year ago, FM has more shares outstanding
The number of shares outstanding for FM has been increased compared to 5 years ago.
FM has a better debt/assets ratio than last year.
2.2 Solvency
FM has an Altman-Z score of 1.58. 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 (1.58) 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.
The Debt to FCF ratio of FM (4.67) is better than 90.70% 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.
Looking at the Debt to Equity ratio, with a value of 0.59, FM is doing worse than 74.37% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.59 | ||
| Debt/FCF | 4.67 | ||
| Altman-Z | 1.58 |
ROIC/WACC0.37
WACC8.89%
2.3 Liquidity
A Current Ratio of 1.94 indicates that FM should not have too much problems paying its short term obligations.
FM has a Current ratio (1.94) which is comparable to the rest of the industry.
FM has a Quick Ratio of 1.08. This is a normal value and indicates that FM is financially healthy and should not expect problems in meeting its short term obligations.
FM's Quick ratio of 1.08 is in line compared to the rest of the industry. FM outperforms 41.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.94 | ||
| Quick Ratio | 1.08 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 108.89% 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.
Looking at the last year, FM shows a small growth in Revenue. The Revenue has grown by 5.33% in the last 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.
The Revenue is expected to grow by 16.19% on average over the next years. This is quite good.
EPS Next Y465.5%
EPS Next 2Y383%
EPS Next 3Y280.99%
EPS Next 5Y135.91%
Revenue Next Year9.45%
Revenue Next 2Y15.49%
Revenue Next 3Y23.75%
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
FM is valuated quite expensively with a Price/Earnings ratio of 550.50.
85.30% of the companies in the same industry are more expensive than FM, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 26.46. FM is valued rather expensively when compared to this.
FM is valuated quite expensively with a Price/Forward Earnings ratio of 27.71.
FM's Price/Forward Earnings ratio is rather cheap when compared to the industry. FM is cheaper than 88.19% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.10, FM is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 550.5 | ||
| Fwd PE | 27.71 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FM indicates a rather cheap valuation: FM is cheaper than 92.21% of the companies listed 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 97.74% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.77 | ||
| EV/EBITDA | 14.75 |
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.
A more expensive valuation may be justified as FM's earnings are expected to grow with 280.99% in the coming years.
PEG (NY)1.18
PEG (5Y)N/A
EPS Next 2Y383%
EPS Next 3Y280.99%
5. Dividend
5.1 Amount
FM has a Yearly Dividend Yield of 2.78%.
FM's Dividend Yield is rather good when compared to the industry average which is at 11.98. FM pays more dividend than 98.62% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.32, FM has a dividend comparable with the average S&P500 company.
| 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 2Y383%
EPS Next 3Y280.99%
TSX:FM (12/4/2025, 7:00:00 PM)
33.03
-0.13 (-0.39%)
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 Cap27.55B
Revenue(TTM)5.02B
Net Income(TTM)46.00M
Analysts77.42
Price Target35.06 (6.15%)
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)27.8%
PT rev (3m)35.16%
EPS NQ rev (1m)-41.68%
EPS NQ rev (3m)63.84%
EPS NY rev (1m)34.23%
EPS NY rev (3m)31.21%
Revenue NQ rev (1m)-0.07%
Revenue NQ rev (3m)9.19%
Revenue NY rev (1m)0.62%
Revenue NY rev (3m)1.78%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 550.5 | ||
| Fwd PE | 27.71 | ||
| P/S | 3.93 | ||
| P/FCF | 12.77 | ||
| P/OCF | 7.3 | ||
| P/B | 1.74 | ||
| P/tB | 1.78 | ||
| EV/EBITDA | 14.75 |
EPS(TTM)0.06
EY0.18%
EPS(NY)1.19
Fwd EY3.61%
FCF(TTM)2.59
FCFY7.83%
OCF(TTM)4.52
OCFY13.7%
SpS8.4
BVpS18.98
TBVpS18.58
PEG (NY)1.18
PEG (5Y)N/A
Graham Number5.06
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
WACC8.89%
ROIC/WACC0.37
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 Y465.5%
EPS Next 2Y383%
EPS Next 3Y280.99%
EPS Next 5Y135.91%
Revenue 1Y (TTM)5.33%
Revenue growth 3Y-12.68%
Revenue growth 5Y3.38%
Sales Q2Q%5.24%
Revenue Next Year9.45%
Revenue Next 2Y15.49%
Revenue Next 3Y23.75%
Revenue Next 5Y16.19%
EBIT growth 1Y57.95%
EBIT growth 3Y-25.89%
EBIT growth 5Y7.52%
EBIT Next Year121.2%
EBIT Next 3Y75.08%
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 550.5 and the Price/Book (PB) ratio is 1.74.
How financially healthy is FIRST QUANTUM MINERALS LTD?
The financial health rating of FIRST QUANTUM MINERALS LTD (FM.CA) is 4 / 10.