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. There are concerns on the financial health of HL while its profitability can be described as average. HL is not valued too expensively and it also shows a decent 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
HL has a better Return On Assets (2.31%) than 67.53% of its industry peers.
The Return On Equity of HL (3.37%) is better than 66.88% of its industry peers.
HL has a better Return On Invested Capital (4.65%) than 64.29% of its industry peers.
The Average Return On Invested Capital over the past 3 years for HL is significantly below the industry average of 8.83%.
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
With a decent Profit Margin value of 6.98%, HL is doing good in the industry, outperforming 76.62% of the companies in the same industry.
In the last couple of years the Profit Margin of HL has declined.
HL's Operating Margin of 16.73% is fine compared to the rest of the industry. HL outperforms 72.73% 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 64.94% 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
HL has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, HL has more shares outstanding
Compared to 5 years ago, HL has more shares outstanding
Compared to 1 year ago, HL has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.33 indicates that HL is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of HL (2.33) 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.
Looking at the Debt to FCF ratio, with a value of 35.68, HL is in line with its industry, outperforming 58.44% 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 in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.25 | ||
| Debt/FCF | 35.68 | ||
| Altman-Z | 2.33 |
ROIC/WACC0.45
WACC10.28%
2.3 Liquidity
A Current Ratio of 1.43 indicates that HL should not have too much problems paying its short term obligations.
With a Current ratio value of 1.43, HL is not doing good in the industry: 73.38% of the companies in the same industry are doing better.
A Quick Ratio of 0.75 indicates that HL may have some problems paying its short term obligations.
The Quick ratio of HL (0.75) is worse than 77.92% 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.
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
The Earnings Per Share is expected to grow by 15.55% on average over the next years. This is quite good.
Based on estimates for the next years, HL will show a decrease in Revenue. The Revenue will decrease by -1.62% on average per year.
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
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
A Price/Earnings ratio of 38.62 indicates a quite expensive valuation of HL.
HL's Price/Earnings ratio is a bit cheaper when compared to the industry. HL is cheaper than 60.39% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 25.91. HL is valued slightly more expensive when compared to this.
Based on the Price/Forward Earnings ratio of 13.22, the valuation of HL can be described as correct.
65.58% of the companies in the same industry are more expensive than HL, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of HL to the average of the S&P500 Index (21.85), we can say HL is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.62 | ||
| Fwd PE | 13.22 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of HL indicates a somewhat cheap valuation: HL is cheaper than 63.64% of the companies listed in the same industry.
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 | 199.17 | ||
| EV/EBITDA | 10.75 |
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.
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)0.3
PEG (5Y)N/A
EPS Next 2Y94.89%
EPS Next 3Y43.02%
5. Dividend
5.1 Amount
With a yearly dividend of 0.31%, HL is not a good candidate for dividend investing.
HL's Dividend Yield is comparable with the industry average which is at 3.00.
Compared to an average S&P500 Dividend Yield of 2.36, HL's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.31% |
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
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%
5.02
-0.05 (-0.99%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners68.42%
Inst Owner Change3.5%
Ins Owners0.56%
Ins Owner Change4.98%
Market Cap3.17B
Analysts78.89
Price Target7.14 (42.23%)
Short Float %5.06%
Short Ratio1.28
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.31% |
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)-9.79%
EPS NQ rev (1m)-13.88%
EPS NQ rev (3m)-33.11%
EPS NY rev (1m)0%
EPS NY rev (3m)-18.56%
Revenue NQ rev (1m)4.53%
Revenue NQ rev (3m)11.12%
Revenue NY rev (1m)4.28%
Revenue NY rev (3m)2.54%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.62 | ||
| Fwd PE | 13.22 | ||
| P/S | 3.17 | ||
| P/FCF | 199.17 | ||
| P/OCF | 13.4 | ||
| P/B | 1.53 | ||
| P/tB | 1.53 | ||
| EV/EBITDA | 10.75 |
EPS(TTM)0.13
EY2.59%
EPS(NY)0.38
Fwd EY7.57%
FCF(TTM)0.03
FCFY0.5%
OCF(TTM)0.37
OCFY7.46%
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 | 2.33 |
F-Score7
WACC10.28%
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 Year207.09%
EBIT Next 3Y47.68%
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%