FIRST MAJESTIC SILVER CORP (FMV.DE) Stock Fundamental Analysis
FRA:FMV - Deutsche Boerse Ag - CA32076V1031 - Common Stock - Currency: EUR
FMV gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 40 industry peers in the Metals & Mining industry. FMV scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. FMV is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year FMV has reported negative net income.
FMV had a positive operating cash flow in the past year.
FMV had negative earnings in 4 of the past 5 years.
FMV had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
FMV's Return On Assets of -2.03% is on the low side compared to the rest of the industry. FMV is outperformed by 65.79% of its industry peers.
FMV has a worse Return On Equity (-3.39%) than 65.79% of its industry peers.
FMV has a Return On Invested Capital of 1.43%. This is in the lower half of the industry: FMV underperforms 63.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.03% | ||
| ROE | -3.39% | ||
| ROIC | 1.43% |
ROA(3y)-5.8%
ROA(5y)-3.15%
ROE(3y)-8.53%
ROE(5y)-4.64%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Operating Margin of FMV (11.16%) is better than 65.79% of its industry peers.
FMV's Operating Margin has declined in the last couple of years.
FMV has a Gross Margin (22.59%) which is comparable to the rest of the industry.
FMV's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.16% | ||
| PM (TTM) | N/A | ||
| GM | 22.59% |
OM growth 3Y-29.38%
OM growth 5Y-16.12%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.28%
GM growth 5Y-14.71%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so FMV is destroying value.
FMV has more shares outstanding than it did 1 year ago.
FMV has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, FMV has an improved debt to assets ratio.
2.2 Solvency
FMV has an Altman-Z score of 1.80. This is a bad value and indicates that FMV is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 1.80, FMV perfoms like the industry average, outperforming 42.11% of the companies in the same industry.
The Debt to FCF ratio of FMV is 4.34, which is a neutral value as it means it would take FMV, 4.34 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of FMV (4.34) is better than 73.68% of its industry peers.
A Debt/Equity ratio of 0.09 indicates that FMV is not too dependend on debt financing.
With an excellent Debt to Equity ratio value of 0.09, FMV belongs to the best of the industry, outperforming 81.58% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 4.34 | ||
| Altman-Z | 1.8 |
ROIC/WACC0.17
WACC8.54%
2.3 Liquidity
FMV has a Current Ratio of 3.19. This indicates that FMV is financially healthy and has no problem in meeting its short term obligations.
FMV's Current ratio of 3.19 is amongst the best of the industry. FMV outperforms 86.84% of its industry peers.
A Quick Ratio of 2.74 indicates that FMV has no problem at all paying its short term obligations.
FMV has a better Quick ratio (2.74) than 86.84% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.19 | ||
| Quick Ratio | 2.74 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 86.67% over the past year.
FMV shows a strong growth in Revenue. In the last year, the Revenue has grown by 33.60%.
Measured over the past years, FMV shows a quite strong growth in Revenue. The Revenue has been growing by 9.02% on average per year.
EPS 1Y (TTM)86.67%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%183.33%
Revenue 1Y (TTM)33.6%
Revenue growth 3Y-1.36%
Revenue growth 5Y9.02%
Sales Q2Q%130.1%
3.2 Future
Based on estimates for the next years, FMV will show a very strong growth in Earnings Per Share. The EPS will grow by 34.82% on average per year.
The Revenue is expected to grow by 17.29% on average over the next years. This is quite good.
EPS Next Y312.34%
EPS Next 2Y107.31%
EPS Next 3Y63.08%
EPS Next 5Y34.82%
Revenue Next Year67.86%
Revenue Next 2Y35.49%
Revenue Next 3Y25%
Revenue Next 5Y17.29%
3.3 Evolution
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
The Price/Earnings Ratio is negative for FMV. In the last year negative earnings were reported.
The Price/Forward Earnings ratio is 30.48, which means the current valuation is very expensive for FMV.
65.79% of the companies in the same industry are cheaper than FMV, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of FMV to the average of the S&P500 Index (35.19), we can say FMV is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 30.48 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FMV is valued a bit more expensive than 71.05% of the companies in the same industry.
60.53% of the companies in the same industry are cheaper than FMV, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 81.56 | ||
| EV/EBITDA | 17.37 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as FMV's earnings are expected to grow with 63.08% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y107.31%
EPS Next 3Y63.08%
5. Dividend
5.1 Amount
FMV has a yearly dividend return of 0.28%, which is pretty low.
FMV's Dividend Yield is slightly below the industry average, which is at 3.08.
With a Dividend Yield of 0.28, FMV pays less dividend than the S&P500 average, which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.28% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
FMV has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-8.13%
EPS Next 2Y107.31%
EPS Next 3Y63.08%
FRA:FMV (7/11/2025, 7:00:00 PM)
7.792
+0.58 (+8.04%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners53.25%
Inst Owner ChangeN/A
Ins Owners1.03%
Ins Owner ChangeN/A
Market Cap3.78B
Analysts76.92
Price Target7.04 (-9.65%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.28% |
Yearly Dividend0.02
Dividend Growth(5Y)N/A
DP-8.13%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-20.4%
Min EPS beat(2)-21.7%
Max EPS beat(2)-19.09%
EPS beat(4)0
Avg EPS beat(4)-121.63%
Min EPS beat(4)-239.81%
Max EPS beat(4)-19.09%
EPS beat(8)2
Avg EPS beat(8)-127.51%
EPS beat(12)3
Avg EPS beat(12)-116.76%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)1.74%
Min Revenue beat(2)-1.73%
Max Revenue beat(2)5.21%
Revenue beat(4)2
Avg Revenue beat(4)2.71%
Min Revenue beat(4)-1.73%
Max Revenue beat(4)7.48%
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)4%
PT rev (3m)11.98%
EPS NQ rev (1m)25%
EPS NQ rev (3m)33.33%
EPS NY rev (1m)0%
EPS NY rev (3m)11.67%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.59%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 30.48 | ||
| P/S | 6.31 | ||
| P/FCF | 81.56 | ||
| P/OCF | 22.61 | ||
| P/B | 1.82 | ||
| P/tB | 1.82 | ||
| EV/EBITDA | 17.37 |
EPS(TTM)-0.02
EYN/A
EPS(NY)0.26
Fwd EY3.28%
FCF(TTM)0.1
FCFY1.23%
OCF(TTM)0.34
OCFY4.42%
SpS1.23
BVpS4.28
TBVpS4.28
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.03% | ||
| ROE | -3.39% | ||
| ROCE | 2.02% | ||
| ROIC | 1.43% | ||
| ROICexc | 1.6% | ||
| ROICexgc | 1.6% | ||
| OM | 11.16% | ||
| PM (TTM) | N/A | ||
| GM | 22.59% | ||
| FCFM | 7.74% |
ROA(3y)-5.8%
ROA(5y)-3.15%
ROE(3y)-8.53%
ROE(5y)-4.64%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3Y-32.27%
ROICexcg growth 5Y-22.93%
ROICexc growth 3Y-32.27%
ROICexc growth 5Y-22.93%
OM growth 3Y-29.38%
OM growth 5Y-16.12%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.28%
GM growth 5Y-14.71%
F-Score6
Asset Turnover0.17
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 4.34 | ||
| Debt/EBITDA | 0.92 | ||
| Cap/Depr | 86.98% | ||
| Cap/Sales | 20.18% | ||
| Interest Coverage | 9.44 | ||
| Cash Conversion | 81.27% | ||
| Profit Quality | N/A | ||
| Current Ratio | 3.19 | ||
| Quick Ratio | 2.74 | ||
| Altman-Z | 1.8 |
F-Score6
WACC8.54%
ROIC/WACC0.17
Cap/Depr(3y)121.95%
Cap/Depr(5y)145.81%
Cap/Sales(3y)26.95%
Cap/Sales(5y)28.93%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)86.67%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%183.33%
EPS Next Y312.34%
EPS Next 2Y107.31%
EPS Next 3Y63.08%
EPS Next 5Y34.82%
Revenue 1Y (TTM)33.6%
Revenue growth 3Y-1.36%
Revenue growth 5Y9.02%
Sales Q2Q%130.1%
Revenue Next Year67.86%
Revenue Next 2Y35.49%
Revenue Next 3Y25%
Revenue Next 5Y17.29%
EBIT growth 1Y310.13%
EBIT growth 3Y-30.34%
EBIT growth 5Y-8.55%
EBIT Next Year123.2%
EBIT Next 3Y43.87%
EBIT Next 5Y21.37%
FCF growth 1Y126.94%
FCF growth 3YN/A
FCF growth 5Y11.46%
OCF growth 1Y594.47%
OCF growth 3Y30.28%
OCF growth 5Y1.65%