HECLA MINING CO (HL) Stock Fundamental Analysis
NYSE:HL - New York Stock Exchange, Inc. - US4227041062 - Common Stock - Currency: USD
HL gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 154 industry peers in the Metals & Mining industry. While HL is still in line with the averages on profitability rating, there are concerns on its financial health. 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.
In multiple years HL reported negative net income over the last 5 years.
HL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of HL (2.31%) is better than 67.53% of its industry peers.
HL's Return On Equity of 3.37% is fine compared to the rest of the industry. HL outperforms 66.23% of its industry peers.
HL's Return On Invested Capital of 4.65% is fine compared to the rest of the industry. HL outperforms 64.29% 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 11.16%.
The last Return On Invested Capital (4.65%) for HL is above the 3 year average (1.48%), which is a sign of increasing profitability.
| 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 has a Profit Margin of 6.98%. This is in the better half of the industry: HL outperforms 75.97% of its industry peers.
HL's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 16.73%, HL is in the better half of 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 64.94% 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
HL has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for HL has been increased compared to 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
HL has an Altman-Z score of 2.70. This is not the best score and indicates that HL is in the grey zone with still only limited risk for bankruptcy at the moment.
HL has a Altman-Z score of 2.70. 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.
HL has a Debt to FCF ratio of 35.68. This is comparable to the rest of the industry: HL outperforms 57.79% 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.
HL has a Debt to Equity ratio (0.25) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.25 | ||
| Debt/FCF | 35.68 | ||
| Altman-Z | 2.7 |
ROIC/WACC0.51
WACC9.03%
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 Current ratio of 1.43. This is in the lower half of the industry: HL underperforms 73.38% 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 Quick ratio of 0.75. This is amonst the worse of the industry: HL underperforms 80.52% 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 1400.00%, which is quite impressive.
HL shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -17.17% yearly.
Looking at the last year, HL shows a very strong growth in Revenue. The Revenue has grown by 41.05%.
HL shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.67% yearly.
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
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 -1.44% yearly.
EPS Next Y130.46%
EPS Next 2Y94.89%
EPS Next 3Y43.02%
EPS Next 5Y28.86%
Revenue Next Year9.82%
Revenue Next 2Y5.09%
Revenue Next 3Y-3.14%
Revenue Next 5Y-1.44%
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 accelerating.
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 45.69, which means the current valuation is very expensive for HL.
HL's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 26.57. HL is valued rather expensively when compared to this.
The Price/Forward Earnings ratio is 15.64, which indicates a correct valuation of HL.
Compared to the rest of the industry, the Price/Forward Earnings ratio of HL is on the same level as its industry peers.
HL's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 45.69 | ||
| Fwd PE | 15.64 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, HL is valued a bit cheaper than the industry average as 61.69% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of HL is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 235.77 | ||
| EV/EBITDA | 12.43 |
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.
HL has a very decent profitability rating, which 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)0.35
PEG (5Y)N/A
EPS Next 2Y94.89%
EPS Next 3Y43.02%
5. Dividend
5.1 Amount
HL has a yearly dividend return of 0.25%, which is pretty low.
Compared to an average industry Dividend Yield of 2.99, HL has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.40, HL's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.25% |
5.2 History
The dividend of HL is nicely growing with an annual growth rate of 30.08%!
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.
The dividend of HL is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP34.13%
EPS Next 2Y94.89%
EPS Next 3Y43.02%
5.94
-0.07 (-1.16%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners68.29%
Inst Owner Change3.6%
Ins Owners0.56%
Ins Owner Change4.89%
Market Cap3.76B
Analysts78.89
Price Target7.08 (19.19%)
Short Float %4.74%
Short Ratio1.3
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.25% |
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)-0.89%
PT rev (3m)-8.42%
EPS NQ rev (1m)0.64%
EPS NQ rev (3m)-21.21%
EPS NY rev (1m)0%
EPS NY rev (3m)-4.79%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.95%
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.35%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 45.69 | ||
| Fwd PE | 15.64 | ||
| P/S | 3.75 | ||
| P/FCF | 235.77 | ||
| P/OCF | 15.86 | ||
| P/B | 1.81 | ||
| P/tB | 1.81 | ||
| EV/EBITDA | 12.43 |
EPS(TTM)0.13
EY2.19%
EPS(NY)0.38
Fwd EY6.39%
FCF(TTM)0.03
FCFY0.42%
OCF(TTM)0.37
OCFY6.31%
SpS1.58
BVpS3.28
TBVpS3.28
PEG (NY)0.35
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 | 2.7 |
F-Score7
WACC9.03%
ROIC/WACC0.51
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 5Y28.86%
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-1.44%
EBIT growth 1Y894.37%
EBIT growth 3Y2.34%
EBIT growth 5YN/A
EBIT Next Year188.41%
EBIT Next 3Y42.78%
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%