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 5 out of 10 in our fundamental rating. HL was compared to 157 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 has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year HL was profitable.
HL had a positive operating cash flow in the past year.
In multiple years HL reported negative net income over the last 5 years.
In the past 5 years HL always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of HL (2.31%) is better than 67.52% of its industry peers.
With a decent Return On Equity value of 3.37%, HL is doing good in the industry, outperforming 67.52% of the companies in the same industry.
HL has a Return On Invested Capital of 4.65%. This is in the better half of the industry: HL outperforms 63.69% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for HL is significantly below the industry average of 12.11%.
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
The Profit Margin of HL (6.98%) is better than 74.52% of its industry peers.
In the last couple of years the Profit Margin of HL has declined.
The Operating Margin of HL (16.73%) is better than 72.61% of its industry peers.
HL's Operating Margin has declined in the last couple of years.
HL's Gross Margin of 25.26% is fine compared to the rest of the industry. HL outperforms 64.97% of its industry peers.
In the last couple of years the Gross Margin of HL has grown nicely.
| 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.
HL has more shares outstanding than it did 1 year ago.
HL has more shares outstanding than it did 5 years ago.
HL has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.77 indicates that HL is not a great score, but indicates only limited risk for bankruptcy at the moment.
HL has a Altman-Z score (2.77) which is comparable to the rest of the industry.
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.
HL has a Debt to FCF ratio of 35.68. This is comparable to the rest of the industry: HL outperforms 59.24% of its industry peers.
HL has a Debt/Equity ratio of 0.25. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of HL (0.25) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.25 | ||
| Debt/FCF | 35.68 | ||
| Altman-Z | 2.77 |
ROIC/WACC0.49
WACC9.56%
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 72.61% of its industry peers.
A Quick Ratio of 0.75 indicates that HL may have some problems paying its short term obligations.
HL has a worse Quick ratio (0.75) than 79.62% of its industry peers.
| 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 1050.00%, 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.
The Revenue has grown by 29.12% in the past year. This is a very strong growth!
The Revenue has been growing slightly by 6.67% on average over the past years.
EPS 1Y (TTM)1050%
EPS 3Y-17.17%
EPS 5YN/A
EPS Q2Q%300%
Revenue 1Y (TTM)29.12%
Revenue growth 3Y4.82%
Revenue growth 5Y6.67%
Sales Q2Q%23.76%
3.2 Future
HL is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 28.86% yearly.
HL is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -2.13% yearly.
EPS Next Y126.6%
EPS Next 2Y98.58%
EPS Next 3Y43.68%
EPS Next 5Y28.86%
Revenue Next Year10.55%
Revenue Next 2Y6.78%
Revenue Next 3Y-1.46%
Revenue Next 5Y-2.13%
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 38.00, the valuation of HL can be described as expensive.
64.33% of the companies in the same industry are more expensive than HL, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of HL to the average of the S&P500 Index (26.54), we can say HL is valued slightly more expensively.
With a Price/Forward Earnings ratio of 18.31, HL is valued on the expensive side.
Based on the Price/Forward Earnings ratio, HL is valued a bit cheaper than the industry average as 62.42% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 35.28, HL is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38 | ||
| Fwd PE | 18.31 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, HL is valued a bit cheaper than 63.06% of the companies in the same industry.
HL's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 286.57 | ||
| EV/EBITDA | 12.74 |
4.3 Compensation for Growth
HL's 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 43.68% in the coming years.
PEG (NY)0.3
PEG (5Y)N/A
EPS Next 2Y98.58%
EPS Next 3Y43.68%
5. Dividend
5.1 Amount
With a yearly dividend of 0.24%, HL is not a good candidate for dividend investing.
HL's Dividend Yield is comparable with the industry average which is at 2.68.
With a Dividend Yield of 0.24, HL pays less dividend than the S&P500 average, which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.24% |
5.2 History
On average, the dividend of HL grows each year by 30.08%, which is quite nice.
HL has paid a dividend for at least 10 years, which is 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
HL pays out 34.13% of its income as dividend. This is a sustainable payout ratio.
The dividend of HL is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP34.13%
EPS Next 2Y98.58%
EPS Next 3Y43.68%
7.22
+1.11 (+18.17%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners68.29%
Inst Owner Change-0.32%
Ins Owners0.56%
Ins Owner Change6.25%
Market Cap4.57B
Analysts78.89
Price Target7.57 (4.85%)
Short Float %4.46%
Short Ratio1.26
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.24% |
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)2.78%
PT rev (3m)-3.11%
EPS NQ rev (1m)-3.85%
EPS NQ rev (3m)-16.67%
EPS NY rev (1m)-2.53%
EPS NY rev (3m)-1.68%
Revenue NQ rev (1m)1.86%
Revenue NQ rev (3m)6.47%
Revenue NY rev (1m)0.67%
Revenue NY rev (3m)4.56%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38 | ||
| Fwd PE | 18.31 | ||
| P/S | 4.56 | ||
| P/FCF | 286.57 | ||
| P/OCF | 19.28 | ||
| P/B | 2.2 | ||
| P/tB | 2.2 | ||
| EV/EBITDA | 12.74 |
EPS(TTM)0.19
EY2.63%
EPS(NY)0.39
Fwd EY5.46%
FCF(TTM)0.03
FCFY0.35%
OCF(TTM)0.37
OCFY5.19%
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 | 2.77 |
F-Score7
WACC9.56%
ROIC/WACC0.49
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)1050%
EPS 3Y-17.17%
EPS 5YN/A
EPS Q2Q%300%
EPS Next Y126.6%
EPS Next 2Y98.58%
EPS Next 3Y43.68%
EPS Next 5Y28.86%
Revenue 1Y (TTM)29.12%
Revenue growth 3Y4.82%
Revenue growth 5Y6.67%
Sales Q2Q%23.76%
Revenue Next Year10.55%
Revenue Next 2Y6.78%
Revenue Next 3Y-1.46%
Revenue Next 5Y-2.13%
EBIT growth 1Y894.37%
EBIT growth 3Y2.34%
EBIT growth 5YN/A
EBIT Next Year205.88%
EBIT Next 3Y44.87%
EBIT Next 5Y25.55%
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%