HUDBAY MINERALS INC (HBM.CA) Stock Fundamental Analysis
TSX:HBM - CA4436281022 - Common Stock
16.17 CAD
+0.5 (+3.19%)
HBM gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 791 industry peers in the Metals & Mining industry. HBM has an excellent profitability rating, but there are some minor concerns on its financial health. HBM is valued quite cheap, while showing a decent growth score. This is a good combination!
1. Profitability
1.1 Basic Checks
HBM had positive earnings in the past year.
HBM had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: HBM reported negative net income in multiple years.
HBM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
HBM's Return On Assets of 5.13% is amongst the best of the industry. HBM outperforms 89.38% of its industry peers.
HBM's Return On Equity of 10.09% is amongst the best of the industry. HBM outperforms 91.40% of its industry peers.
HBM has a Return On Invested Capital of 9.25%. This is amongst the best in the industry. HBM outperforms 93.93% of its industry peers.
The Average Return On Invested Capital over the past 3 years for HBM is significantly below the industry average of 11.97%.
The 3 year average ROIC (5.61%) for HBM is below the current ROIC(9.25%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.13% | ||
| ROE | 10.09% | ||
| ROIC | 9.25% |
ROA(3y)1.42%
ROA(5y)-0.82%
ROE(3y)3.55%
ROE(5y)-2.88%
ROIC(3y)5.61%
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 13.13%, HBM belongs to the top of the industry, outperforming 92.41% of the companies in the same industry.
HBM's Operating Margin of 26.94% is amongst the best of the industry. HBM outperforms 93.30% of its industry peers.
HBM's Operating Margin has improved in the last couple of years.
With an excellent Gross Margin value of 33.24%, HBM belongs to the best of the industry, outperforming 91.53% of the companies in the same industry.
HBM's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.94% | ||
| PM (TTM) | 13.13% | ||
| GM | 33.24% |
OM growth 3Y11.98%
OM growth 5Y50.87%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y8.24%
GM growth 5Y17.48%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so HBM is still creating some value.
The number of shares outstanding for HBM has been increased compared to 1 year ago.
Compared to 5 years ago, HBM has more shares outstanding
Compared to 1 year ago, HBM has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.81, we must say that HBM is in the distress zone and has some risk of bankruptcy.
HBM has a Altman-Z score (1.81) which is in line with its industry peers.
The Debt to FCF ratio of HBM is 3.38, which is a good value as it means it would take HBM, 3.38 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 3.38, HBM belongs to the top of the industry, outperforming 92.04% of the companies in the same industry.
HBM has a Debt/Equity ratio of 0.22. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.22, HBM is doing worse than 68.90% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 3.38 | ||
| Altman-Z | 1.81 |
ROIC/WACC1.02
WACC9.09%
2.3 Liquidity
HBM has a Current Ratio of 1.03. This is a normal value and indicates that HBM is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.03, HBM perfoms like the industry average, outperforming 42.60% of the companies in the same industry.
HBM has a Quick Ratio of 1.03. This is a bad value and indicates that HBM is not financially healthy enough and could expect problems in meeting its short term obligations.
HBM has a Quick ratio (0.86) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.03 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 72.09% over the past year.
Measured over the past years, HBM shows a very strong growth in Earnings Per Share. The EPS has been growing by 25.11% on average per year.
Looking at the last year, HBM shows a quite strong growth in Revenue. The Revenue has grown by 8.30% in the last year.
HBM shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.31% yearly.
EPS 1Y (TTM)72.09%
EPS 3Y25.11%
EPS 5YN/A
EPS Q2Q%760.89%
Revenue 1Y (TTM)8.3%
Revenue growth 3Y10.4%
Revenue growth 5Y10.31%
Sales Q2Q%26.06%
3.2 Future
Based on estimates for the next years, HBM will show a very strong growth in Earnings Per Share. The EPS will grow by 24.55% on average per year.
HBM is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.62% yearly.
EPS Next Y69.79%
EPS Next 2Y39.08%
EPS Next 3Y33.3%
EPS Next 5Y24.55%
Revenue Next Year12.5%
Revenue Next 2Y5.09%
Revenue Next 3Y6.51%
Revenue Next 5Y7.62%
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 stable.
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 15.70, which indicates a correct valuation of HBM.
Compared to the rest of the industry, the Price/Earnings ratio of HBM indicates a rather cheap valuation: HBM is cheaper than 92.29% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.03, HBM is valued a bit cheaper.
The Price/Forward Earnings ratio is 12.78, which indicates a correct valuation of HBM.
Compared to the rest of the industry, the Price/Forward Earnings ratio of HBM indicates a rather cheap valuation: HBM is cheaper than 90.01% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of HBM to the average of the S&P500 Index (22.63), we can say HBM is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.7 | ||
| Fwd PE | 12.78 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, HBM is valued cheaply inside the industry as 96.33% of the companies are valued more expensively.
HBM's Price/Free Cash Flow ratio is rather cheap when compared to the industry. HBM is cheaper than 96.08% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.77 | ||
| EV/EBITDA | 5.12 |
4.3 Compensation for Growth
HBM's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
HBM has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as HBM's earnings are expected to grow with 33.30% in the coming years.
PEG (NY)0.22
PEG (5Y)N/A
EPS Next 2Y39.08%
EPS Next 3Y33.3%
5. Dividend
5.1 Amount
With a yearly dividend of 0.13%, HBM is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 18.57, HBM pays a better dividend. On top of this HBM pays more dividend than 94.18% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.34, HBM's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.13% |
5.2 History
The dividend of HBM decreases each year by -0.13%.
HBM has been paying a dividend for at least 10 years, so it has a reliable track record.
HBM has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-0.13%
Div Incr Years0
Div Non Decr Years10
5.3 Sustainability
HBM pays out 1.98% of its income as dividend. This is a sustainable payout ratio.
DP1.98%
EPS Next 2Y39.08%
EPS Next 3Y33.3%
TSX:HBM (8/25/2025, 7:00:00 PM)
16.17
+0.5 (+3.19%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners66.56%
Inst Owner ChangeN/A
Ins Owners0.19%
Ins Owner ChangeN/A
Market Cap6.40B
Analysts83.81
Price Target18.04 (11.56%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.13% |
Yearly Dividend0.02
Dividend Growth(5Y)-0.13%
DP1.98%
Div Incr Years0
Div Non Decr Years10
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)88.18%
Min EPS beat(2)66.23%
Max EPS beat(2)110.14%
EPS beat(4)3
Avg EPS beat(4)88.52%
Min EPS beat(4)-3.49%
Max EPS beat(4)181.22%
EPS beat(8)5
Avg EPS beat(8)71.51%
EPS beat(12)6
Avg EPS beat(12)18.68%
EPS beat(16)8
Avg EPS beat(16)26.45%
Revenue beat(2)1
Avg Revenue beat(2)4.56%
Min Revenue beat(2)-0.09%
Max Revenue beat(2)9.21%
Revenue beat(4)2
Avg Revenue beat(4)3.35%
Min Revenue beat(4)-1.56%
Max Revenue beat(4)9.21%
Revenue beat(8)3
Avg Revenue beat(8)-0.08%
Revenue beat(12)4
Avg Revenue beat(12)-2.04%
Revenue beat(16)4
Avg Revenue beat(16)-2.67%
PT rev (1m)11.37%
PT rev (3m)20.94%
EPS NQ rev (1m)-6.17%
EPS NQ rev (3m)-20%
EPS NY rev (1m)45.37%
EPS NY rev (3m)45.37%
Revenue NQ rev (1m)1.77%
Revenue NQ rev (3m)-2.92%
Revenue NY rev (1m)5.13%
Revenue NY rev (3m)5.13%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.7 | ||
| Fwd PE | 12.78 | ||
| P/S | 2.09 | ||
| P/FCF | 12.77 | ||
| P/OCF | 5.95 | ||
| P/B | 1.61 | ||
| P/tB | 1.65 | ||
| EV/EBITDA | 5.12 |
EPS(TTM)1.03
EY6.37%
EPS(NY)1.26
Fwd EY7.82%
FCF(TTM)1.27
FCFY7.83%
OCF(TTM)2.72
OCFY16.8%
SpS7.74
BVpS10.07
TBVpS9.79
PEG (NY)0.22
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.13% | ||
| ROE | 10.09% | ||
| ROCE | 12.85% | ||
| ROIC | 9.25% | ||
| ROICexc | 10.7% | ||
| ROICexgc | 10.92% | ||
| OM | 26.94% | ||
| PM (TTM) | 13.13% | ||
| GM | 33.24% | ||
| FCFM | 16.36% |
ROA(3y)1.42%
ROA(5y)-0.82%
ROE(3y)3.55%
ROE(5y)-2.88%
ROIC(3y)5.61%
ROIC(5y)N/A
ROICexc(3y)6.09%
ROICexc(5y)N/A
ROICexgc(3y)6.21%
ROICexgc(5y)N/A
ROCE(3y)7.79%
ROCE(5y)N/A
ROICexcg growth 3Y18.86%
ROICexcg growth 5Y61.23%
ROICexc growth 3Y18.39%
ROICexc growth 5Y60.76%
OM growth 3Y11.98%
OM growth 5Y50.87%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y8.24%
GM growth 5Y17.48%
F-Score7
Asset Turnover0.39
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 3.38 | ||
| Debt/EBITDA | 0.63 | ||
| Cap/Depr | 96.95% | ||
| Cap/Sales | 18.73% | ||
| Interest Coverage | 9.2 | ||
| Cash Conversion | 75.85% | ||
| Profit Quality | 124.63% | ||
| Current Ratio | 1.03 | ||
| Quick Ratio | 0.86 | ||
| Altman-Z | 1.81 |
F-Score7
WACC9.09%
ROIC/WACC1.02
Cap/Depr(3y)81.38%
Cap/Depr(5y)89.68%
Cap/Sales(3y)18.35%
Cap/Sales(5y)22.65%
Profit Quality(3y)320.92%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)72.09%
EPS 3Y25.11%
EPS 5YN/A
EPS Q2Q%760.89%
EPS Next Y69.79%
EPS Next 2Y39.08%
EPS Next 3Y33.3%
EPS Next 5Y24.55%
Revenue 1Y (TTM)8.3%
Revenue growth 3Y10.4%
Revenue growth 5Y10.31%
Sales Q2Q%26.06%
Revenue Next Year12.5%
Revenue Next 2Y5.09%
Revenue Next 3Y6.51%
Revenue Next 5Y7.62%
EBIT growth 1Y39.99%
EBIT growth 3Y23.63%
EBIT growth 5Y66.43%
EBIT Next Year126.4%
EBIT Next 3Y37.44%
EBIT Next 5Y27.84%
FCF growth 1Y624.49%
FCF growth 3Y267.69%
FCF growth 5Y43.75%
OCF growth 1Y117.84%
OCF growth 3Y20.18%
OCF growth 5Y16.47%