FIRST MAJESTIC SILVER CORP (FR.CA) Stock Fundamental Analysis

TSX:FR • CA32076V1031

8.81 CAD
-0.2 (-2.22%)
Last: Nov 22, 2024, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

3

Overall FR gets a fundamental rating of 3 out of 10. We evaluated FR against 802 industry peers in the Metals & Mining industry. FR may be in some trouble as it scores bad on both profitability and health. FR is quite expensive at the moment. It does show a decent growth rate.


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

  • In the past year FR has reported negative net income.
  • FR had a positive operating cash flow in the past year.
  • In the past 5 years FR reported 4 times negative net income.
  • FR had a positive operating cash flow in each of the past 5 years.
FR.CA Yearly Net Income VS EBIT VS OCF VS FCFFR.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 0 100M -100M -200M

1.2 Ratios

  • FR has a Return On Assets of -2.46%. This is in the better half of the industry: FR outperforms 79.02% of its industry peers.
  • With a decent Return On Equity value of -3.58%, FR is doing good in the industry, outperforming 77.18% of the companies in the same industry.
Industry RankSector Rank
ROA -2.46%
ROE -3.58%
ROIC N/A
ROA(3y)-4.16%
ROA(5y)-2.91%
ROE(3y)-6.13%
ROE(5y)-4.36%
ROIC(3y)N/A
ROIC(5y)N/A
FR.CA Yearly ROA, ROE, ROICFR.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 0 -10 -20 -30

1.3 Margins

  • The Gross Margin of FR (7.67%) is better than 85.52% of its industry peers.
  • In the last couple of years the Gross Margin of FR has declined.
  • FR does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 7.67%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-40.08%
GM growth 5Y-24.18%
FR.CA Yearly Profit, Operating, Gross MarginsFR.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 0 20 -20 40 -40 -60

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3

2. Health

2.1 Basic Checks

  • FR does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • Compared to 1 year ago, FR has more shares outstanding
  • Compared to 1 year ago, FR has a worse debt to assets ratio.
FR.CA Yearly Shares OutstandingFR.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 50M 100M 150M 200M 250M
FR.CA Yearly Total Debt VS Total AssetsFR.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 500M 1B 1.5B 2B

2.2 Solvency

  • FR has an Altman-Z score of 1.70. This is a bad value and indicates that FR is not financially healthy and even has some risk of bankruptcy.
  • FR has a Altman-Z score of 1.70. This is comparable to the rest of the industry: FR outperforms 51.90% of its industry peers.
  • A Debt/Equity ratio of 0.18 indicates that FR is not too dependend on debt financing.
  • With a Debt to Equity ratio value of 0.18, FR is not doing good in the industry: 72.52% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 0.18
Debt/FCF N/A
Altman-Z 1.7
ROIC/WACCN/A
WACC9.97%
FR.CA Yearly LT Debt VS Equity VS FCFFR.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 0 500M 1B

2.3 Liquidity

  • A Current Ratio of 2.33 indicates that FR has no problem at all paying its short term obligations.
  • FR has a Current ratio (2.33) which is comparable to the rest of the industry.
  • FR has a Quick Ratio of 1.77. This is a normal value and indicates that FR is financially healthy and should not expect problems in meeting its short term obligations.
  • Looking at the Quick ratio, with a value of 1.77, FR is in line with its industry, outperforming 48.83% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 2.33
Quick Ratio 1.77
FR.CA Yearly Current Assets VS Current LiabilitesFR.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 100M 200M 300M

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. Growth

3.1 Past

  • FR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 22.22%, which is quite impressive.
  • FR shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -16.25%.
  • Measured over the past years, FR shows a quite strong growth in Revenue. The Revenue has been growing by 13.78% on average per year.
EPS 1Y (TTM)22.22%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%87.14%
Revenue 1Y (TTM)-16.25%
Revenue growth 3Y16.39%
Revenue growth 5Y13.78%
Sales Q2Q%-32.45%

3.2 Future

  • FR is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 30.06% yearly.
  • Based on estimates for the next years, FR will show a small growth in Revenue. The Revenue will grow by 2.43% on average per year.
EPS Next Y34.19%
EPS Next 2Y98.06%
EPS Next 3Y67.38%
EPS Next 5Y30.06%
Revenue Next Year-15.9%
Revenue Next 2Y0.59%
Revenue Next 3Y2.43%
Revenue Next 5YN/A

3.3 Evolution

  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
FR.CA Yearly Revenue VS EstimatesFR.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 200M 400M 600M
FR.CA Yearly EPS VS EstimatesFR.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 0.1 -0.1 0.2 -0.2 0.3

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3

4. Valuation

4.1 Price/Earnings Ratio

  • FR reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
  • Based on the Price/Forward Earnings ratio of 36.34, the valuation of FR can be described as expensive.
  • Based on the Price/Forward Earnings ratio, FR is valued cheaply inside the industry as 87.12% of the companies are valued more expensively.
  • FR is valuated rather expensively when we compare the Price/Forward Earnings ratio to 28.02, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE N/A
Fwd PE 36.34
FR.CA Price Earnings VS Forward Price EarningsFR.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 -20 40 -40 60

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, FR is valued cheaper than 89.08% of the companies in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 23.07
FR.CA Per share dataFR.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 4 6

4.3 Compensation for Growth

  • FR's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • A more expensive valuation may be justified as FR's earnings are expected to grow with 67.38% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y98.06%
EPS Next 3Y67.38%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

2

5. Dividend

5.1 Amount

  • FR has a yearly dividend return of 0.26%, which is pretty low.
  • FR's Dividend Yield is rather good when compared to the industry average which is at 0.41. FR pays more dividend than 94.23% of the companies in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.81, FR's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.26%

5.2 History

  • FR has been paying a dividend for less than 5 years, so it still needs to build a track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
FR.CA Yearly Dividends per shareFR.CA Yearly Dividends per shareYearly Dividends per share 2021 2022 2023 2024 0 0 0 0 0

5.3 Sustainability

  • The earnings of FR are negative and hence is the payout ratio. FR will probably not be able to sustain this dividend level.
DP-12.01%
EPS Next 2Y98.06%
EPS Next 3Y67.38%
FR.CA Yearly Income VS Free CF VS DividendFR.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 0 -50M -100M -150M -200M

More info and screens

Find the best dividend stocksShow peers with best dividend

FIRST MAJESTIC SILVER CORP

TSX:FR (11/22/2024, 7:00:00 PM)

8.81

-0.2 (-2.22%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)04-16
Earnings (Next)08-01
Inst Owners27.7%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap2.53B
Revenue(TTM)522.86M
Net Income(TTM)-48.02M
Analysts46.67
Price Target10.28 (16.69%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0.26%
Yearly Dividend0.02
Dividend Growth(5Y)N/A
DP-12.01%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-83.93%
Min EPS beat(2)-191.2%
Max EPS beat(2)23.35%
EPS beat(4)2
Avg EPS beat(4)-118.82%
Min EPS beat(4)-342.72%
Max EPS beat(4)35.28%
EPS beat(8)3
Avg EPS beat(8)-107.05%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)-5.74%
Min Revenue beat(2)-16.99%
Max Revenue beat(2)5.52%
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
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)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 36.34
P/S 3.45
P/FCF N/A
P/OCF 23.18
P/B 1.35
P/tB 1.35
EV/EBITDA 23.07
EPS(TTM)-0.2
EYN/A
EPS(NY)0.24
Fwd EY2.75%
FCF(TTM)-0.24
FCFYN/A
OCF(TTM)0.38
OCFY4.31%
SpS2.55
BVpS6.53
TBVpS6.53
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -2.46%
ROE -3.58%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 7.67%
FCFM N/A
ROA(3y)-4.16%
ROA(5y)-2.91%
ROE(3y)-6.13%
ROE(5y)-4.36%
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 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-40.08%
GM growth 5Y-24.18%
F-Score5
Asset Turnover0.27
Health
Industry RankSector Rank
Debt/Equity 0.18
Debt/FCF N/A
Debt/EBITDA 2.96
Cap/Depr 108.08%
Cap/Sales 24.3%
Interest Coverage N/A
Cash Conversion 96.84%
Profit Quality N/A
Current Ratio 2.33
Quick Ratio 1.77
Altman-Z 1.7
F-Score5
WACC9.97%
ROIC/WACCN/A
Cap/Depr(3y)144.63%
Cap/Depr(5y)162.75%
Cap/Sales(3y)30.89%
Cap/Sales(5y)31.34%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)22.22%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%87.14%
EPS Next Y34.19%
EPS Next 2Y98.06%
EPS Next 3Y67.38%
EPS Next 5Y30.06%
Revenue 1Y (TTM)-16.25%
Revenue growth 3Y16.39%
Revenue growth 5Y13.78%
Sales Q2Q%-32.45%
Revenue Next Year-15.9%
Revenue Next 2Y0.59%
Revenue Next 3Y2.43%
Revenue Next 5YN/A
EBIT growth 1Y38.73%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year-69.89%
EBIT Next 3Y1.3%
EBIT Next 5Y-8.07%
FCF growth 1Y65.1%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y84.08%
OCF growth 3Y-8.61%
OCF growth 5Y12.81%

FIRST MAJESTIC SILVER CORP / FR.CA FAQ

Can you provide the ChartMill fundamental rating for FIRST MAJESTIC SILVER CORP?

ChartMill assigns a fundamental rating of 3 / 10 to FR.CA.


What is the valuation status for FR stock?

ChartMill assigns a valuation rating of 3 / 10 to FIRST MAJESTIC SILVER CORP (FR.CA). This can be considered as Overvalued.


What is the profitability of FR stock?

FIRST MAJESTIC SILVER CORP (FR.CA) has a profitability rating of 3 / 10.


How sustainable is the dividend of FIRST MAJESTIC SILVER CORP (FR.CA) stock?

The dividend rating of FIRST MAJESTIC SILVER CORP (FR.CA) is 2 / 10 and the dividend payout ratio is -12.01%.