FIRST MAJESTIC SILVER CORP (FR.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:FR - CA32076V1031 - Common Stock
8.81 CAD
-0.2 (-2.22%)
FR gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 817 industry peers in the Metals & Mining industry. FR may be in some trouble as it scores bad on both profitability and health. While showing a medium growth rate, FR is valued expensive at the moment.
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.
- Each year in the past 5 years FR had a positive operating cash flow.
1.2 Ratios
- The Return On Assets of FR (-2.46%) is better than 79.02% of its industry peers.
- Looking at the Return On Equity, with a value of -3.58%, FR is in the better half of the industry, outperforming 77.18% of the companies in the same industry.
| Industry Rank | Sector 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
1.3 Margins
- The Gross Margin of FR (7.67%) is better than 85.52% of its industry peers.
- FR's Gross Margin has declined in the last couple of years.
- The Profit Margin and Operating Margin are not available for FR so they could not be analyzed.
| Industry Rank | Sector 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%
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
- FR has a worse debt/assets ratio than last year.
2.2 Solvency
- Based on the Altman-Z score of 1.70, we must say that FR is in the distress zone and 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.
- FR has a Debt/Equity ratio of 0.18. This is a healthy value indicating a solid balance between debt and equity.
- The Debt to Equity ratio of FR (0.18) is worse than 72.52% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.7 |
ROIC/WACCN/A
WACC9.97%
2.3 Liquidity
- FR has a Current Ratio of 2.33. This indicates that FR is financially healthy and has no problem in meeting its short term obligations.
- FR's Current ratio of 2.33 is in line compared to the rest of the industry. FR outperforms 51.78% of its industry peers.
- 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 Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.33 | ||
| Quick Ratio | 1.77 |
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%.
- The Revenue has been growing by 13.78% on average over the past years. This is quite good.
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
- Based on estimates for the next years, FR will show a very strong growth in Earnings Per Share. The EPS will grow by 30.06% on average per year.
- 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.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings Ratio is negative for FR. In the last year negative earnings were reported.
- Based on the Price/Forward Earnings ratio of 36.34, the valuation of FR can be described as expensive.
- 87.12% of the companies in the same industry are more expensive than FR, based on the Price/Forward Earnings ratio.
- FR's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 24.29.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 36.34 |
4.2 Price Multiples
- FR's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. FR is cheaper than 89.08% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 23.07 |
4.3 Compensation for Growth
- FR's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- FR's earnings are expected to grow with 67.38% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y98.06%
EPS Next 3Y67.38%
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 0.64. FR pays more dividend than 94.23% of the companies in the same industry.
- With a Dividend Yield of 0.26, FR pays less dividend than the S&P500 average, which is at 1.85.
| Industry Rank | Sector 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
5.3 Sustainability
- FR has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-12.01%
EPS Next 2Y98.06%
EPS Next 3Y67.38%
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 2024-04-16/bmo
Earnings (Next)08-01 2024-08-01/amc
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 Rank | Sector 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 Rank | Sector 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 Rank | Sector 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 Rank | Sector 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%.