MAG SILVER CORP (MAG.CA) Stock Fundamental Analysis
TSX:MAG - CA55903Q1046 - Common Stock
33.62 CAD
+0.64 (+1.94%)
Taking everything into account, MAG scores 5 out of 10 in our fundamental rating. MAG was compared to 796 industry peers in the Metals & Mining industry. Both the profitability and the financial health of MAG get a neutral evaluation. Nothing too spectacular is happening here. MAG has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
MAG had positive earnings in the past year.
In the past year MAG has reported a negative cash flow from operations.
MAG had positive earnings in 4 of the past 5 years.
In the past 5 years MAG always reported negative operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 16.12%, MAG belongs to the top of the industry, outperforming 96.49% of the companies in the same industry.
The Return On Equity of MAG (16.73%) is better than 93.85% of its industry peers.
MAG's Return On Invested Capital of 11.78% is amongst the best of the industry. MAG outperforms 96.11% of its industry peers.
The Average Return On Invested Capital over the past 3 years for MAG is below the industry average of 11.97%.
The last Return On Invested Capital (11.78%) for MAG is above the 3 year average (7.22%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.12% | ||
| ROE | 16.73% | ||
| ROIC | 11.78% |
ROA(3y)8.8%
ROA(5y)5.16%
ROE(3y)9.05%
ROE(5y)5.31%
ROIC(3y)7.22%
ROIC(5y)N/A
1.3 Margins
The Profit Margin of MAG (83.12%) is better than 99.00% of its industry peers.
Looking at the Operating Margin, with a value of 83.87%, MAG belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 83.87% | ||
| PM (TTM) | 83.12% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), MAG is creating some value.
Compared to 1 year ago, MAG has more shares outstanding
The number of shares outstanding for MAG has been increased compared to 5 years ago.
Compared to 1 year ago, MAG has a worse debt to assets ratio.
2.2 Solvency
MAG has an Altman-Z score of 65.69. This indicates that MAG is financially healthy and has little risk of bankruptcy at the moment.
MAG has a Altman-Z score of 65.69. This is amongst the best in the industry. MAG outperforms 89.46% of its industry peers.
A Debt/Equity ratio of 0.00 indicates that MAG is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.00, MAG perfoms like the industry average, outperforming 51.94% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 65.69 |
ROIC/WACC1.26
WACC9.35%
2.3 Liquidity
A Current Ratio of 44.26 indicates that MAG has no problem at all paying its short term obligations.
The Current ratio of MAG (44.26) is better than 96.99% of its industry peers.
MAG has a Quick Ratio of 44.26. This indicates that MAG is financially healthy and has no problem in meeting its short term obligations.
MAG has a Quick ratio of 44.26. This is amongst the best in the industry. MAG outperforms 96.99% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 44.26 | ||
| Quick Ratio | 44.26 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 67.80% over the past year.
MAG shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 132.08% yearly.
The Revenue has grown by 42.67% in the past year. This is a very strong growth!
EPS 1Y (TTM)67.8%
EPS 3Y132.08%
EPS 5YN/A
EPS Q2Q%52.38%
Revenue 1Y (TTM)42.67%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A
3.2 Future
MAG is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -2.33% yearly.
MAG is expected to show a very negative growth in Revenue. In the coming years, the Revenue will decrease by -18.92% yearly.
EPS Next Y48.94%
EPS Next 2Y6.23%
EPS Next 3Y5.42%
EPS Next 5Y-2.33%
Revenue Next Year9.79%
Revenue Next 2Y-0.19%
Revenue Next 3Y47.01%
Revenue Next 5Y-18.92%
3.3 Evolution
The EPS 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
With a Price/Earnings ratio of 24.72, MAG is valued on the expensive side.
Based on the Price/Earnings ratio, MAG is valued cheaper than 89.59% of the companies in the same industry.
MAG's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.08.
MAG is valuated quite expensively with a Price/Forward Earnings ratio of 28.89.
87.45% of the companies in the same industry are more expensive than MAG, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 22.72. MAG is valued slightly more expensive when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.72 | ||
| Fwd PE | 28.89 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MAG is valued cheaply inside the industry as 90.21% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 22.45 |
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.
PEG (NY)0.51
PEG (5Y)N/A
EPS Next 2Y6.23%
EPS Next 3Y5.42%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.47%, MAG has a reasonable but not impressive dividend return.
MAG's Dividend Yield is rather good when compared to the industry average which is at 15.96. MAG pays more dividend than 97.11% of the companies in the same industry.
Compared to the average S&P500 Dividend Yield of 2.35, MAG is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.47% |
5.2 History
MAG does not have a reliable dividend history as it only pays dividend since a couple or years.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DPN/A
EPS Next 2Y6.23%
EPS Next 3Y5.42%
TSX:MAG (8/29/2025, 7:00:00 PM)
33.62
+0.64 (+1.94%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners54.85%
Inst Owner ChangeN/A
Ins Owners0.26%
Ins Owner ChangeN/A
Market Cap3.48B
Analysts71.67
Price Target31.06 (-7.61%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.47% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)17.35%
Min EPS beat(2)12.05%
Max EPS beat(2)22.65%
EPS beat(4)3
Avg EPS beat(4)7.14%
Min EPS beat(4)-20.79%
Max EPS beat(4)22.65%
EPS beat(8)6
Avg EPS beat(8)4.92%
EPS beat(12)7
Avg EPS beat(12)-8.39%
EPS beat(16)8
Avg EPS beat(16)-49.22%
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)8.1%
PT rev (3m)9.09%
EPS NQ rev (1m)5.98%
EPS NQ rev (3m)36.68%
EPS NY rev (1m)27.77%
EPS NY rev (3m)27.77%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-59.81%
Revenue NY rev (3m)4.85%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.72 | ||
| Fwd PE | 28.89 | ||
| P/S | 20.32 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 4.09 | ||
| P/tB | 4.09 | ||
| EV/EBITDA | 22.45 |
EPS(TTM)1.36
EY4.05%
EPS(NY)1.16
Fwd EY3.46%
FCF(TTM)-0.4
FCFYN/A
OCF(TTM)-0.1
OCFYN/A
SpS1.65
BVpS8.22
TBVpS8.22
PEG (NY)0.51
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.12% | ||
| ROE | 16.73% | ||
| ROCE | 16.36% | ||
| ROIC | 11.78% | ||
| ROICexc | 16.12% | ||
| ROICexgc | 16.12% | ||
| OM | 83.87% | ||
| PM (TTM) | 83.12% | ||
| GM | N/A | ||
| FCFM | N/A |
ROA(3y)8.8%
ROA(5y)5.16%
ROE(3y)9.05%
ROE(5y)5.31%
ROIC(3y)7.22%
ROIC(5y)N/A
ROICexc(3y)8.87%
ROICexc(5y)N/A
ROICexgc(3y)8.87%
ROICexgc(5y)N/A
ROCE(3y)10.03%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0.19
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0.02 | ||
| Cap/Depr | 3068.87% | ||
| Cap/Sales | 17.9% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 44.26 | ||
| Quick Ratio | 44.26 | ||
| Altman-Z | 65.69 |
F-Score4
WACC9.35%
ROIC/WACC1.26
Cap/Depr(3y)5745.33%
Cap/Depr(5y)5254.94%
Cap/Sales(3y)27.23%
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)67.8%
EPS 3Y132.08%
EPS 5YN/A
EPS Q2Q%52.38%
EPS Next Y48.94%
EPS Next 2Y6.23%
EPS Next 3Y5.42%
EPS Next 5Y-2.33%
Revenue 1Y (TTM)42.67%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A
Revenue Next Year9.79%
Revenue Next 2Y-0.19%
Revenue Next 3Y47.01%
Revenue Next 5Y-18.92%
EBIT growth 1Y855.68%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year19.83%
EBIT Next 3Y-10.2%
EBIT Next 5Y-10.7%
FCF growth 1Y-40.15%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-10.83%
OCF growth 3YN/A
OCF growth 5YN/A