HECLA MINING CO (HL) Stock Fundamental Analysis
NYSE:HL - New York Stock Exchange, Inc. - US4227041062 - Common Stock - Currency: USD
Taking everything into account, HL scores 4 out of 10 in our fundamental rating. HL was compared to 154 industry peers in the Metals & Mining industry. HL has a medium profitability rating, but doesn't score so well on its financial health evaluation. HL is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
HL had positive earnings in the past year.
HL had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: HL reported negative net income in multiple years.
HL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 2.31%, HL is doing good in the industry, outperforming 67.53% of the companies in the same industry.
HL has a better Return On Equity (3.37%) than 66.23% of its industry peers.
Looking at the Return On Invested Capital, with a value of 4.65%, HL is in the better half of the industry, outperforming 63.64% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for HL is significantly below the industry average of 8.82%.
The 3 year average ROIC (1.48%) for HL is below the current ROIC(4.65%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.31% | ||
| ROE | 3.37% | ||
| ROIC | 4.65% |
ROA(3y)-0.98%
ROA(5y)-0.41%
ROE(3y)-1.5%
ROE(5y)-0.62%
ROIC(3y)1.48%
ROIC(5y)2.12%
1.3 Margins
HL's Profit Margin of 6.98% is fine compared to the rest of the industry. HL outperforms 76.62% of its industry peers.
HL's Profit Margin has declined in the last couple of years.
With a decent Operating Margin value of 16.73%, HL is doing good in the industry, outperforming 73.38% of the companies in the same industry.
HL's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 25.26%, HL is in the better half of the industry, outperforming 66.23% of the companies in the same industry.
HL's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.73% | ||
| PM (TTM) | 6.98% | ||
| GM | 25.26% |
OM growth 3Y-2.36%
OM growth 5YN/A
PM growth 3Y-3.91%
PM growth 5YN/A
GM growth 3Y-7.55%
GM growth 5Y33.53%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), HL is destroying value.
Compared to 1 year ago, HL has more shares outstanding
The number of shares outstanding for HL has been increased compared to 5 years ago.
The debt/assets ratio for HL has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.37 indicates that HL is not a great score, but indicates only limited risk for bankruptcy at the moment.
HL has a Altman-Z score of 2.37. This is comparable to the rest of the industry: HL outperforms 54.55% of its industry peers.
The Debt to FCF ratio of HL is 35.68, which is on the high side as it means it would take HL, 35.68 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 35.68, HL is in line with its industry, outperforming 57.14% of the companies in the same industry.
HL has a Debt/Equity ratio of 0.25. This is a healthy value indicating a solid balance between debt and equity.
HL has a Debt to Equity ratio (0.25) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.25 | ||
| Debt/FCF | 35.68 | ||
| Altman-Z | 2.37 |
ROIC/WACC0.45
WACC10.22%
2.3 Liquidity
A Current Ratio of 1.43 indicates that HL should not have too much problems paying its short term obligations.
HL has a worse Current ratio (1.43) than 74.03% of its industry peers.
A Quick Ratio of 0.75 indicates that HL may have some problems paying its short term obligations.
With a Quick ratio value of 0.75, HL is not doing good in the industry: 78.57% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.43 | ||
| Quick Ratio | 0.75 |
3. Growth
3.1 Past
HL shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 1400.00%, which is quite impressive.
Measured over the past years, HL shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -17.17% on average per year.
HL shows a strong growth in Revenue. In the last year, the Revenue has grown by 41.05%.
The Revenue has been growing slightly by 6.67% on average over the past years.
EPS 1Y (TTM)1400%
EPS 3Y-17.17%
EPS 5YN/A
EPS Q2Q%300%
Revenue 1Y (TTM)41.05%
Revenue growth 3Y4.82%
Revenue growth 5Y6.67%
Sales Q2Q%37.89%
3.2 Future
Based on estimates for the next years, HL will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.55% on average per year.
The Revenue is expected to decrease by -1.62% on average over the next years.
EPS Next Y130.46%
EPS Next 2Y94.89%
EPS Next 3Y43.02%
EPS Next 5Y15.55%
Revenue Next Year9.82%
Revenue Next 2Y5.09%
Revenue Next 3Y-3.14%
Revenue Next 5Y-1.62%
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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 39.23, the valuation of HL can be described as expensive.
HL's Price/Earnings is on the same level as the industry average.
When comparing the Price/Earnings ratio of HL to the average of the S&P500 Index (25.82), we can say HL is valued expensively.
The Price/Forward Earnings ratio is 13.43, which indicates a correct valuation of HL.
Compared to the rest of the industry, the Price/Forward Earnings ratio of HL indicates a somewhat cheap valuation: HL is cheaper than 61.69% of the companies listed in the same industry.
HL is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 21.76, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.23 | ||
| Fwd PE | 13.43 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, HL is valued a bit cheaper than the industry average as 62.34% of the companies are valued more expensively.
HL's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 202.43 | ||
| EV/EBITDA | 10.9 |
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 decent profitability rating of HL may justify a higher PE ratio.
A more expensive valuation may be justified as HL's earnings are expected to grow with 43.02% in the coming years.
PEG (NY)0.3
PEG (5Y)N/A
EPS Next 2Y94.89%
EPS Next 3Y43.02%
5. Dividend
5.1 Amount
HL has a yearly dividend return of 0.30%, which is pretty low.
Compared to an average industry Dividend Yield of 2.97, HL has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.39, HL's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.3% |
5.2 History
On average, the dividend of HL grows each year by 30.08%, which is quite nice.
HL has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of HL decreased in the last 3 years.
Dividend Growth(5Y)30.08%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
34.13% of the earnings are spent on dividend by HL. This is a low number and sustainable payout ratio.
HL's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP34.13%
EPS Next 2Y94.89%
EPS Next 3Y43.02%
5.1
+0.08 (+1.59%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners68.42%
Inst Owner Change3.59%
Ins Owners0.56%
Ins Owner Change4.98%
Market Cap3.23B
Analysts78.89
Price Target7.14 (40%)
Short Float %5.06%
Short Ratio1.28
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.3% |
Yearly Dividend0.04
Dividend Growth(5Y)30.08%
DP34.13%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-25.55%
Min EPS beat(2)-26.27%
Max EPS beat(2)-24.84%
EPS beat(4)0
Avg EPS beat(4)-33.93%
Min EPS beat(4)-46.06%
Max EPS beat(4)-24.84%
EPS beat(8)N/A
Avg EPS beat(8)N/A
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)2
Avg Revenue beat(2)4.05%
Min Revenue beat(2)0.71%
Max Revenue beat(2)7.39%
Revenue beat(4)4
Avg Revenue beat(4)5.16%
Min Revenue beat(4)0.71%
Max Revenue beat(4)8.8%
Revenue beat(8)7
Avg Revenue beat(8)2.83%
Revenue beat(12)7
Avg Revenue beat(12)-0.36%
Revenue beat(16)8
Avg Revenue beat(16)-1.2%
PT rev (1m)-5.08%
PT rev (3m)-8.2%
EPS NQ rev (1m)-13.33%
EPS NQ rev (3m)-32.69%
EPS NY rev (1m)0%
EPS NY rev (3m)-4.79%
Revenue NQ rev (1m)4.53%
Revenue NQ rev (3m)11.12%
Revenue NY rev (1m)3.87%
Revenue NY rev (3m)1.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.23 | ||
| Fwd PE | 13.43 | ||
| P/S | 3.22 | ||
| P/FCF | 202.43 | ||
| P/OCF | 13.62 | ||
| P/B | 1.56 | ||
| P/tB | 1.56 | ||
| EV/EBITDA | 10.9 |
EPS(TTM)0.13
EY2.55%
EPS(NY)0.38
Fwd EY7.45%
FCF(TTM)0.03
FCFY0.49%
OCF(TTM)0.37
OCFY7.34%
SpS1.58
BVpS3.28
TBVpS3.28
PEG (NY)0.3
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.31% | ||
| ROE | 3.37% | ||
| ROCE | 5.88% | ||
| ROIC | 4.65% | ||
| ROICexc | 4.68% | ||
| ROICexgc | 4.68% | ||
| OM | 16.73% | ||
| PM (TTM) | 6.98% | ||
| GM | 25.26% | ||
| FCFM | 1.59% |
ROA(3y)-0.98%
ROA(5y)-0.41%
ROE(3y)-1.5%
ROE(5y)-0.62%
ROIC(3y)1.48%
ROIC(5y)2.12%
ROICexc(3y)1.51%
ROICexc(5y)2.22%
ROICexgc(3y)1.51%
ROICexgc(5y)2.22%
ROCE(3y)1.88%
ROCE(5y)2.68%
ROICexcg growth 3Y-2.84%
ROICexcg growth 5YN/A
ROICexc growth 3Y-2.84%
ROICexc growth 5YN/A
OM growth 3Y-2.36%
OM growth 5YN/A
PM growth 3Y-3.91%
PM growth 5YN/A
GM growth 3Y-7.55%
GM growth 5Y33.53%
F-Score7
Asset Turnover0.33
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.25 | ||
| Debt/FCF | 35.68 | ||
| Debt/EBITDA | 1.52 | ||
| Cap/Depr | 123.87% | ||
| Cap/Sales | 22.06% | ||
| Interest Coverage | 3.53 | ||
| Cash Conversion | 68.47% | ||
| Profit Quality | 22.81% | ||
| Current Ratio | 1.43 | ||
| Quick Ratio | 0.75 | ||
| Altman-Z | 2.37 |
F-Score7
WACC10.22%
ROIC/WACC0.45
Cap/Depr(3y)117.46%
Cap/Depr(5y)94.19%
Cap/Sales(3y)24.98%
Cap/Sales(5y)20.32%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)1400%
EPS 3Y-17.17%
EPS 5YN/A
EPS Q2Q%300%
EPS Next Y130.46%
EPS Next 2Y94.89%
EPS Next 3Y43.02%
EPS Next 5Y15.55%
Revenue 1Y (TTM)41.05%
Revenue growth 3Y4.82%
Revenue growth 5Y6.67%
Sales Q2Q%37.89%
Revenue Next Year9.82%
Revenue Next 2Y5.09%
Revenue Next 3Y-3.14%
Revenue Next 5Y-1.62%
EBIT growth 1Y894.37%
EBIT growth 3Y2.34%
EBIT growth 5YN/A
EBIT Next Year188.41%
EBIT Next 3Y42.78%
EBIT Next 5Y30%
FCF growth 1Y117.77%
FCF growth 3Y-67.6%
FCF growth 5YN/A
OCF growth 1Y155.87%
OCF growth 3Y-0.31%
OCF growth 5Y12.54%