HUDBAY MINERALS INC (HBM.CA) Stock Fundamental Analysis

TSX:HBM • CA4436281022

33.86 CAD
-0.33 (-0.97%)
Last: Feb 19, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

6

Overall HBM gets a fundamental rating of 6 out of 10. We evaluated HBM against 800 industry peers in the Metals & Mining industry. HBM scores excellent on profitability, but there are concerns on its financial health. An interesting combination arises when we look at growth and value: HBM is growing strongly while it also seems undervalued.


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

  • In the past year HBM was profitable.
  • HBM had a positive operating cash flow in the past year.
  • In multiple years HBM reported negative net income over the last 5 years.
  • HBM had a positive operating cash flow in each of the past 5 years.
HBM.CA Yearly Net Income VS EBIT VS OCF VS FCFHBM.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 2024 0 200M -200M 400M 600M

1.2 Ratios

  • The Return On Assets of HBM (7.80%) is better than 91.00% of its industry peers.
  • HBM's Return On Equity of 14.99% is amongst the best of the industry. HBM outperforms 93.13% of its industry peers.
  • With an excellent Return On Invested Capital value of 7.37%, HBM belongs to the best of the industry, outperforming 92.38% of the companies in the same industry.
  • HBM had an Average Return On Invested Capital over the past 3 years of 5.61%. This is significantly below the industry average of 12.05%.
  • The 3 year average ROIC (5.61%) for HBM is below the current ROIC(7.37%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 7.8%
ROE 14.99%
ROIC 7.37%
ROA(3y)1.42%
ROA(5y)-0.82%
ROE(3y)3.55%
ROE(5y)-2.88%
ROIC(3y)5.61%
ROIC(5y)N/A
HBM.CA Yearly ROA, ROE, ROICHBM.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 -5 -10 -15

1.3 Margins

  • HBM has a better Profit Margin (22.38%) than 94.38% of its industry peers.
  • HBM's Operating Margin of 24.24% is amongst the best of the industry. HBM outperforms 93.00% of its industry peers.
  • HBM's Operating Margin has improved in the last couple of years.
  • With an excellent Gross Margin value of 31.87%, HBM belongs to the best of the industry, outperforming 91.13% of the companies in the same industry.
  • HBM's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 24.24%
PM (TTM) 22.38%
GM 31.87%
OM growth 3Y11.98%
OM growth 5Y50.87%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y8.24%
GM growth 5Y17.48%
HBM.CA Yearly Profit, Operating, Gross MarginsHBM.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 20 -20

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ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), HBM is destroying value.
  • Compared to 1 year ago, HBM has more shares outstanding
  • The number of shares outstanding for HBM has been increased compared to 5 years ago.
  • Compared to 1 year ago, HBM has an improved debt to assets ratio.
HBM.CA Yearly Shares OutstandingHBM.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M
HBM.CA Yearly Total Debt VS Total AssetsHBM.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B 5B

2.2 Solvency

  • HBM has an Altman-Z score of 2.80. This is not the best score and indicates that HBM is in the grey zone with still only limited risk for bankruptcy at the moment.
  • HBM has a Altman-Z score (2.80) which is comparable to the rest of the industry.
  • The Debt to FCF ratio of HBM is 3.78, which is a good value as it means it would take HBM, 3.78 years of fcf income to pay off all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 3.78, HBM belongs to the top of the industry, outperforming 91.50% of the companies in the same industry.
  • A Debt/Equity ratio of 0.20 indicates that HBM is not too dependend on debt financing.
  • With a Debt to Equity ratio value of 0.20, HBM is not doing good in the industry: 66.75% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 0.2
Debt/FCF 3.78
Altman-Z 2.8
ROIC/WACC0.72
WACC10.2%
HBM.CA Yearly LT Debt VS Equity VS FCFHBM.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M 1B 1.5B 2B 2.5B

2.3 Liquidity

  • HBM has a Current Ratio of 0.97. 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 Current ratio of 0.97. This is in the lower half of the industry: HBM underperforms 61.50% of its industry peers.
  • HBM has a Quick Ratio of 0.97. This is a bad value and indicates that HBM is not financially healthy enough and could expect problems in meeting its short term obligations.
  • With a Quick ratio value of 0.76, HBM is not doing good in the industry: 63.13% of the companies in the same industry are doing better.
Industry RankSector Rank
Current Ratio 0.97
Quick Ratio 0.76
HBM.CA Yearly Current Assets VS Current LiabilitesHBM.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

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

8

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 30.61% over the past year.
  • The Earnings Per Share has been growing by 25.11% on average over the past years. This is a very strong growth
  • HBM shows a small growth in Revenue. In the last year, the Revenue has grown by 1.20%.
  • 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)30.61%
EPS 3Y25.11%
EPS 5YN/A
EPS Q2Q%-76.92%
Revenue 1Y (TTM)1.2%
Revenue growth 3Y10.4%
Revenue growth 5Y10.31%
Sales Q2Q%-28.61%

3.2 Future

  • The Earnings Per Share is expected to grow by 37.29% on average over the next years. This is a very strong growth
  • Based on estimates for the next years, HBM will show a quite strong growth in Revenue. The Revenue will grow by 11.38% on average per year.
EPS Next Y86.96%
EPS Next 2Y79.17%
EPS Next 3Y57.98%
EPS Next 5Y37.29%
Revenue Next Year9.8%
Revenue Next 2Y10.99%
Revenue Next 3Y10.76%
Revenue Next 5Y11.38%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
HBM.CA Yearly Revenue VS EstimatesHBM.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 1B 2B 3B
HBM.CA Yearly EPS VS EstimatesHBM.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 0.5 -0.5 1 1.5 2

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8

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 38.48 indicates a quite expensive 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 88.25% of the companies listed in the same industry.
  • When comparing the Price/Earnings ratio of HBM to the average of the S&P500 Index (27.09), we can say HBM is valued slightly more expensively.
  • A Price/Forward Earnings ratio of 16.38 indicates a correct valuation of HBM.
  • Based on the Price/Forward Earnings ratio, HBM is valued cheaply inside the industry as 91.00% of the companies are valued more expensively.
  • HBM is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 27.98, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 38.48
Fwd PE 16.38
HBM.CA Price Earnings VS Forward Price EarningsHBM.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of HBM indicates a rather cheap valuation: HBM is cheaper than 95.13% of the companies listed in the same industry.
  • Based on the Price/Free Cash Flow ratio, HBM is valued cheaper than 94.50% of the companies in the same industry.
Industry RankSector Rank
P/FCF 31.08
EV/EBITDA 11.38
HBM.CA Per share dataHBM.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8 10

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.
  • The excellent profitability rating of HBM may justify a higher PE ratio.
  • A more expensive valuation may be justified as HBM's earnings are expected to grow with 57.98% in the coming years.
PEG (NY)0.44
PEG (5Y)N/A
EPS Next 2Y79.17%
EPS Next 3Y57.98%

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

5

5. Dividend

5.1 Amount

  • HBM has a yearly dividend return of 0.06%, which is pretty low.
  • Compared to an average industry Dividend Yield of 0.40, HBM pays a better dividend. On top of this HBM pays more dividend than 94.13% of the companies listed in the same industry.
  • With a Dividend Yield of 0.06, HBM pays less dividend than the S&P500 average, which is at 1.85.
Industry RankSector Rank
Dividend Yield 0.06%

5.2 History

  • The dividend of HBM decreases each year by -0.13%.
  • HBM has paid a dividend for at least 10 years, which is a reliable track record.
  • HBM has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)-0.13%
Div Incr Years0
Div Non Decr Years10
HBM.CA Yearly Dividends per shareHBM.CA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.01 0.01 0.02

5.3 Sustainability

  • 1.22% of the earnings are spent on dividend by HBM. This is a low number and sustainable payout ratio.
DP1.22%
EPS Next 2Y79.17%
EPS Next 3Y57.98%
HBM.CA Yearly Income VS Free CF VS DividendHBM.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M -200M
HBM.CA Dividend Payout.HBM.CA Dividend Payout, showing the Payout Ratio.HBM.CA Dividend Payout.PayoutRetained Earnings

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HUDBAY MINERALS INC

TSX:HBM (2/19/2026, 7:00:00 PM)

33.86

-0.33 (-0.97%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)11-12
Earnings (Next)02-20
Inst Owners77.49%
Inst Owner ChangeN/A
Ins Owners0.18%
Ins Owner ChangeN/A
Market Cap13.41B
Revenue(TTM)2.06B
Net Income(TTM)461.66M
Analysts82.61
Price Target34.91 (3.1%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0.06%
Yearly Dividend0.02
Dividend Growth(5Y)-0.13%
DP1.22%
Div Incr Years0
Div Non Decr Years10
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-6.31%
Min EPS beat(2)-78.84%
Max EPS beat(2)66.23%
EPS beat(4)2
Avg EPS beat(4)23.51%
Min EPS beat(4)-78.84%
Max EPS beat(4)110.14%
EPS beat(8)5
Avg EPS beat(8)65.86%
EPS beat(12)5
Avg EPS beat(12)10.77%
EPS beat(16)7
Avg EPS beat(16)3.84%
Revenue beat(2)0
Avg Revenue beat(2)-14.51%
Min Revenue beat(2)-28.92%
Max Revenue beat(2)-0.09%
Revenue beat(4)1
Avg Revenue beat(4)-5.34%
Min Revenue beat(4)-28.92%
Max Revenue beat(4)9.21%
Revenue beat(8)3
Avg Revenue beat(8)-2.65%
Revenue beat(12)3
Avg Revenue beat(12)-6.02%
Revenue beat(16)4
Avg Revenue beat(16)-4.19%
PT rev (1m)32.53%
PT rev (3m)51.89%
EPS NQ rev (1m)26.57%
EPS NQ rev (3m)35.56%
EPS NY rev (1m)10.89%
EPS NY rev (3m)1.62%
Revenue NQ rev (1m)2.78%
Revenue NQ rev (3m)17.16%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.67%
Valuation
Industry RankSector Rank
PE 38.48
Fwd PE 16.38
P/S 4.74
P/FCF 31.08
P/OCF 13.23
P/B 3.18
P/tB 3.26
EV/EBITDA 11.38
EPS(TTM)0.88
EY2.6%
EPS(NY)2.07
Fwd EY6.11%
FCF(TTM)1.09
FCFY3.22%
OCF(TTM)2.56
OCFY7.56%
SpS7.14
BVpS10.66
TBVpS10.39
PEG (NY)0.44
PEG (5Y)N/A
Graham Number14.53
Profitability
Industry RankSector Rank
ROA 7.8%
ROE 14.99%
ROCE 10.23%
ROIC 7.37%
ROICexc 8.42%
ROICexgc 8.58%
OM 24.24%
PM (TTM) 22.38%
GM 31.87%
FCFM 15.27%
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
ROICexgc growth 3Y18.86%
ROICexgc 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-Score6
Asset Turnover0.35
Health
Industry RankSector Rank
Debt/Equity 0.2
Debt/FCF 3.78
Debt/EBITDA 0.69
Cap/Depr 103.45%
Cap/Sales 20.59%
Interest Coverage 8.25
Cash Conversion 81.23%
Profit Quality 68.22%
Current Ratio 0.97
Quick Ratio 0.76
Altman-Z 2.8
F-Score6
WACC10.2%
ROIC/WACC0.72
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)30.61%
EPS 3Y25.11%
EPS 5YN/A
EPS Q2Q%-76.92%
EPS Next Y86.96%
EPS Next 2Y79.17%
EPS Next 3Y57.98%
EPS Next 5Y37.29%
Revenue 1Y (TTM)1.2%
Revenue growth 3Y10.4%
Revenue growth 5Y10.31%
Sales Q2Q%-28.61%
Revenue Next Year9.8%
Revenue Next 2Y10.99%
Revenue Next 3Y10.76%
Revenue Next 5Y11.38%
EBIT growth 1Y21.35%
EBIT growth 3Y23.63%
EBIT growth 5Y66.43%
EBIT Next Year142.89%
EBIT Next 3Y51.93%
EBIT Next 5Y34.94%
FCF growth 1Y595.19%
FCF growth 3Y267.69%
FCF growth 5Y43.75%
OCF growth 1Y121.38%
OCF growth 3Y20.18%
OCF growth 5Y16.47%

HUDBAY MINERALS INC / HBM.CA FAQ

What is the fundamental rating for HBM stock?

ChartMill assigns a fundamental rating of 6 / 10 to HBM.CA.


What is the valuation status for HBM stock?

ChartMill assigns a valuation rating of 8 / 10 to HUDBAY MINERALS INC (HBM.CA). This can be considered as Undervalued.


What is the profitability of HBM stock?

HUDBAY MINERALS INC (HBM.CA) has a profitability rating of 8 / 10.


Can you provide the financial health for HBM stock?

The financial health rating of HUDBAY MINERALS INC (HBM.CA) is 3 / 10.


What is the expected EPS growth for HUDBAY MINERALS INC (HBM.CA) stock?

The Earnings per Share (EPS) of HUDBAY MINERALS INC (HBM.CA) is expected to grow by 86.96% in the next year.