FIRST MAJESTIC SILVER CORP (FMV.DE) Stock Fundamental Analysis
FRA:FMV • CA32076V1031
26.31 EUR
-0.32 (-1.2%)
Last: Mar 2, 2026, 07:00 PM
We assign a fundamental rating of 5 out of 10 to FMV. FMV was compared to 39 industry peers in the Metals & Mining industry. FMV is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. FMV is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
- In the past year FMV was profitable.
- FMV had a positive operating cash flow in the past year.
- In the past 5 years FMV reported 4 times negative net income.
- FMV had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- FMV has a Return On Assets (3.51%) which is comparable to the rest of the industry.
- With a Return On Equity value of 5.97%, FMV perfoms like the industry average, outperforming 48.72% of the companies in the same industry.
- The Return On Invested Capital of FMV (4.65%) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.51% | ||
| ROE | 5.97% | ||
| ROIC | 4.65% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- FMV has a Profit Margin of 13.12%. This is in the better half of the industry: FMV outperforms 69.23% of its industry peers.
- In the last couple of years the Profit Margin of FMV has grown nicely.
- FMV has a Operating Margin of 29.33%. This is in the better half of the industry: FMV outperforms 74.36% of its industry peers.
- In the last couple of years the Operating Margin of FMV has grown nicely.
- With a Gross Margin value of 36.41%, FMV perfoms like the industry average, outperforming 58.97% of the companies in the same industry.
- In the last couple of years the Gross Margin of FMV has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 29.33% | ||
| PM (TTM) | 13.12% | ||
| GM | 36.41% |
OM growth 3YN/A
OM growth 5Y12.03%
PM growth 3YN/A
PM growth 5Y15.64%
GM growth 3Y138.51%
GM growth 5Y2.84%
2. Health
2.1 Basic Checks
- FMV has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- There is no outstanding debt for FMV. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
- An Altman-Z score of 5.29 indicates that FMV is not in any danger for bankruptcy at the moment.
- FMV has a Altman-Z score of 5.29. This is in the better half of the industry: FMV outperforms 74.36% of its industry peers.
- The Debt to FCF ratio of FMV is 0.98, which is an excellent value as it means it would take FMV, only 0.98 years of fcf income to pay off all of its debts.
- With a decent Debt to FCF ratio value of 0.98, FMV is doing good in the industry, outperforming 79.49% of the companies in the same industry.
- A Debt/Equity ratio of 0.11 indicates that FMV is not too dependend on debt financing.
- FMV has a Debt to Equity ratio of 0.11. This is in the better half of the industry: FMV outperforms 76.92% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 0.98 | ||
| Altman-Z | 5.29 |
ROIC/WACC0.46
WACC10.03%
2.3 Liquidity
- FMV has a Current Ratio of 2.60. This indicates that FMV is financially healthy and has no problem in meeting its short term obligations.
- Looking at the Current ratio, with a value of 2.60, FMV belongs to the top of the industry, outperforming 82.05% of the companies in the same industry.
- FMV has a Quick Ratio of 2.41. This indicates that FMV is financially healthy and has no problem in meeting its short term obligations.
- FMV's Quick ratio of 2.41 is amongst the best of the industry. FMV outperforms 92.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.6 | ||
| Quick Ratio | 2.41 |
3. Growth
3.1 Past
- FMV shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 453.85%, which is quite impressive.
- FMV shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 22.03% yearly.
- The Revenue has grown by 124.25% in the past year. This is a very strong growth!
- The Revenue has been growing by 28.14% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)453.85%
EPS 3YN/A
EPS 5Y22.03%
EPS Q2Q%900%
Revenue 1Y (TTM)124.25%
Revenue growth 3Y26.28%
Revenue growth 5Y28.14%
Sales Q2Q%169.25%
3.2 Future
- FMV is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.71% yearly.
- FMV is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.05% yearly.
EPS Next Y45.54%
EPS Next 2Y22.03%
EPS Next 3Y9.75%
EPS Next 5Y6.71%
Revenue Next Year20.37%
Revenue Next 2Y23.36%
Revenue Next 3Y6.05%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- FMV is valuated quite expensively with a Price/Earnings ratio of 67.46.
- FMV's Price/Earnings ratio is a bit more expensive when compared to the industry. FMV is more expensive than 61.54% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 27.13, FMV is valued quite expensively.
- Based on the Price/Forward Earnings ratio of 45.97, the valuation of FMV can be described as expensive.
- 64.10% of the companies in the same industry are cheaper than FMV, based on the Price/Forward Earnings ratio.
- FMV is valuated expensively when we compare the Price/Forward Earnings ratio to 28.11, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 67.46 | ||
| Fwd PE | 45.97 |
4.2 Price Multiples
- FMV's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. FMV is more expensive than 66.67% of the companies in the same industry.
- FMV's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 48.11 | ||
| EV/EBITDA | 22.62 |
4.3 Compensation for Growth
- FMV's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.48
PEG (5Y)3.06
EPS Next 2Y22.03%
EPS Next 3Y9.75%
5. Dividend
5.1 Amount
- FMV has a yearly dividend return of 0.08%, which is pretty low.
- FMV's Dividend Yield is slightly below the industry average, which is at 1.56.
- With a Dividend Yield of 0.08, FMV pays less dividend than the S&P500 average, which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.08% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 5.97% of the earnings are spent on dividend by FMV. This is a low number and sustainable payout ratio.
DP5.97%
EPS Next 2Y22.03%
EPS Next 3Y9.75%
FRA:FMV (3/2/2026, 7:00:00 PM)
26.31
-0.32 (-1.2%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)01-15 2026-01-15/bmo
Earnings (Next)05-05 2026-05-05/bmo
Inst Owners52.82%
Inst Owner ChangeN/A
Ins Owners1.07%
Ins Owner ChangeN/A
Market Cap12.97B
Revenue(TTM)1.26B
Net Income(TTM)164.92M
Analysts80
Price Target24.23 (-7.91%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.08% |
Yearly Dividend0.02
Dividend Growth(5Y)N/A
DP5.97%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)36.91%
Min EPS beat(2)-34.23%
Max EPS beat(2)108.04%
EPS beat(4)2
Avg EPS beat(4)52.75%
Min EPS beat(4)-34.23%
Max EPS beat(4)158.9%
EPS beat(8)2
Avg EPS beat(8)-62.91%
EPS beat(12)5
Avg EPS beat(12)-57.28%
EPS beat(16)5
Avg EPS beat(16)-80.84%
Revenue beat(2)1
Avg Revenue beat(2)0.67%
Min Revenue beat(2)-10.14%
Max Revenue beat(2)11.49%
Revenue beat(4)1
Avg Revenue beat(4)-2.43%
Min Revenue beat(4)-10.14%
Max Revenue beat(4)11.49%
Revenue beat(8)3
Avg Revenue beat(8)-1.77%
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)62.3%
PT rev (3m)79.89%
EPS NQ rev (1m)81.08%
EPS NQ rev (3m)112.7%
EPS NY rev (1m)0%
EPS NY rev (3m)138.53%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)3.4%
Revenue NY rev (3m)4.23%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 67.46 | ||
| Fwd PE | 45.97 | ||
| P/S | 12.07 | ||
| P/FCF | 48.11 | ||
| P/OCF | 28.84 | ||
| P/B | 5.49 | ||
| P/tB | 5.49 | ||
| EV/EBITDA | 22.62 |
EPS(TTM)0.39
EY1.48%
EPS(NY)0.57
Fwd EY2.18%
FCF(TTM)0.55
FCFY2.08%
OCF(TTM)0.91
OCFY3.47%
SpS2.18
BVpS4.79
TBVpS4.79
PEG (NY)1.48
PEG (5Y)3.06
Graham Number6.48
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.51% | ||
| ROE | 5.97% | ||
| ROCE | 8.71% | ||
| ROIC | 4.65% | ||
| ROICexc | 6.02% | ||
| ROICexgc | 6.02% | ||
| OM | 29.33% | ||
| PM (TTM) | 13.12% | ||
| GM | 36.41% | ||
| FCFM | 25.08% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
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
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5Y12.03%
PM growth 3YN/A
PM growth 5Y15.64%
GM growth 3Y138.51%
GM growth 5Y2.84%
F-Score7
Asset Turnover0.27
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 0.98 | ||
| Debt/EBITDA | 0.47 | ||
| Cap/Depr | 79.55% | ||
| Cap/Sales | 16.76% | ||
| Interest Coverage | 45.97 | ||
| Cash Conversion | 83.03% | ||
| Profit Quality | 191.21% | ||
| Current Ratio | 2.6 | ||
| Quick Ratio | 2.41 | ||
| Altman-Z | 5.29 |
F-Score7
WACC10.03%
ROIC/WACC0.46
Cap/Depr(3y)95.66%
Cap/Depr(5y)121.03%
Cap/Sales(3y)20.91%
Cap/Sales(5y)25.99%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)453.85%
EPS 3YN/A
EPS 5Y22.03%
EPS Q2Q%900%
EPS Next Y45.54%
EPS Next 2Y22.03%
EPS Next 3Y9.75%
EPS Next 5Y6.71%
Revenue 1Y (TTM)124.25%
Revenue growth 3Y26.28%
Revenue growth 5Y28.14%
Sales Q2Q%169.25%
Revenue Next Year20.37%
Revenue Next 2Y23.36%
Revenue Next 3Y6.05%
Revenue Next 5YN/A
EBIT growth 1Y2081.22%
EBIT growth 3YN/A
EBIT growth 5Y43.56%
EBIT Next Year310.58%
EBIT Next 3Y56.03%
EBIT Next 5Y26.75%
FCF growth 1Y755.8%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y246.13%
OCF growth 3Y236.79%
OCF growth 5Y45.85%
FIRST MAJESTIC SILVER CORP / FMV.DE FAQ
Can you provide the ChartMill fundamental rating for FIRST MAJESTIC SILVER CORP?
ChartMill assigns a fundamental rating of 5 / 10 to FMV.DE.
What is the valuation status for FMV stock?
ChartMill assigns a valuation rating of 1 / 10 to FIRST MAJESTIC SILVER CORP (FMV.DE). This can be considered as Overvalued.
How profitable is FIRST MAJESTIC SILVER CORP (FMV.DE) stock?
FIRST MAJESTIC SILVER CORP (FMV.DE) has a profitability rating of 5 / 10.
What is the valuation of FIRST MAJESTIC SILVER CORP based on its PE and PB ratios?
The Price/Earnings (PE) ratio for FIRST MAJESTIC SILVER CORP (FMV.DE) is 67.46 and the Price/Book (PB) ratio is 5.49.
Is the dividend of FIRST MAJESTIC SILVER CORP sustainable?
The dividend rating of FIRST MAJESTIC SILVER CORP (FMV.DE) is 2 / 10 and the dividend payout ratio is 5.97%.