MAG Silver Corp (MAG.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:MAG - CA55903Q1046 - Common Stock
34.38 CAD
+0.97 (+2.9%)
Taking everything into account, MAG scores 5 out of 10 in our fundamental rating. MAG was compared to 813 industry peers in the Metals & Mining industry. MAG has an average financial health and profitability rating. MAG has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- In the past year MAG was profitable.
- In the past year MAG has reported a negative cash flow from operations.
- Of the past 5 years MAG 4 years were profitable.
- 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 96.60% of the companies in the same industry.
- Looking at the Return On Equity, with a value of 16.73%, MAG belongs to the top of the industry, outperforming 93.96% of the companies in the same industry.
- MAG has a Return On Invested Capital of 11.78%. This is amongst the best in the industry. MAG outperforms 95.97% of its industry peers.
- MAG had an Average Return On Invested Capital over the past 3 years of 7.22%. This is below the industry average of 11.94%.
- 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
- MAG's Profit Margin of 83.12% is amongst the best of the industry. MAG outperforms 98.99% of its industry peers.
- MAG has a better Operating Margin (83.87%) than 100.00% of its industry peers.
| 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.
- The number of shares outstanding for MAG has been increased compared to 1 year ago.
- The number of shares outstanding for MAG has been increased compared to 5 years ago.
- MAG has a worse debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 66.69 indicates that MAG is not in any danger for bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 66.69, MAG belongs to the top of the industry, outperforming 87.80% of the companies in the same industry.
- MAG has a Debt/Equity ratio of 0.00. This is a healthy value indicating a solid balance between debt and equity.
- MAG has a Debt to Equity ratio (0.00) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 66.69 |
ROIC/WACC1.27
WACC9.31%
2.3 Liquidity
- A Current Ratio of 44.26 indicates that MAG has no problem at all paying its short term obligations.
- With an excellent Current ratio value of 44.26, MAG belongs to the best of the industry, outperforming 96.86% of the companies in the same industry.
- A Quick Ratio of 44.26 indicates that MAG has no problem at all paying its short term obligations.
- MAG has a Quick ratio of 44.26. This is amongst the best in the industry. MAG outperforms 96.86% 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.
- Looking at the last year, MAG shows a very strong growth in Revenue. The Revenue has grown by 42.67%.
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
- MAG is valuated quite expensively with a Price/Earnings ratio of 25.09.
- Compared to the rest of the industry, the Price/Earnings ratio of MAG indicates a rather cheap valuation: MAG is cheaper than 90.06% of the companies listed in the same industry.
- When comparing the Price/Earnings ratio of MAG to the average of the S&P500 Index (27.47), we can say MAG is valued inline with the index average.
- With a Price/Forward Earnings ratio of 29.33, MAG can be considered very expensive at the moment.
- Based on the Price/Forward Earnings ratio, MAG is valued cheaper than 87.42% of the companies in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 24.26. MAG is valued slightly more expensive when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.09 | ||
| Fwd PE | 29.33 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, MAG is valued cheaper than 90.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 22.82 |
4.3 Compensation for Growth
- MAG's 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
- MAG has a Yearly Dividend Yield of 1.41%.
- Compared to an average industry Dividend Yield of 0.63, MAG pays a better dividend. On top of this MAG pays more dividend than 97.23% of the companies listed in the same industry.
- MAG's Dividend Yield is slightly below the S&P500 average, which is at 1.89.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.41% |
5.2 History
- MAG is new to the dividend game and has less than 3 years of track record.
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 (9/5/2025, 7:00:00 PM)
34.38
+0.97 (+2.9%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)08-11 2025-08-11/bmo
Earnings (Next)11-10 2025-11-10/amc
Inst Owners54.85%
Inst Owner ChangeN/A
Ins Owners0.26%
Ins Owner ChangeN/A
Market Cap3.56B
Revenue(TTM)124.46M
Net Income(TTM)103.46M
Analysts71.67
Price Target31.06 (-9.66%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.41% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
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)4.53%
PT rev (3m)9.56%
EPS NQ rev (1m)2.99%
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 | 25.09 | ||
| Fwd PE | 29.33 | ||
| P/S | 20.64 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 4.15 | ||
| P/tB | 4.15 | ||
| EV/EBITDA | 22.82 |
EPS(TTM)1.37
EY3.98%
EPS(NY)1.17
Fwd EY3.41%
FCF(TTM)-0.4
FCFYN/A
OCF(TTM)-0.1
OCFYN/A
SpS1.67
BVpS8.28
TBVpS8.28
PEG (NY)0.51
PEG (5Y)N/A
Graham NumberN/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
ROICexgc growth 3YN/A
ROICexgc 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 | 66.69 |
F-Score4
WACC9.31%
ROIC/WACC1.27
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
MAG Silver Corp / MAG.CA FAQ
Can you provide the ChartMill fundamental rating for MAG Silver Corp?
ChartMill assigns a fundamental rating of 5 / 10 to MAG.CA.
Can you provide the valuation status for MAG Silver Corp?
ChartMill assigns a valuation rating of 4 / 10 to MAG Silver Corp (MAG.CA). This can be considered as Fairly Valued.
Can you provide the profitability details for MAG Silver Corp?
MAG Silver Corp (MAG.CA) has a profitability rating of 5 / 10.
Can you provide the PE and PB ratios for MAG stock?
The Price/Earnings (PE) ratio for MAG Silver Corp (MAG.CA) is 25.09 and the Price/Book (PB) ratio is 4.15.
What is the earnings growth outlook for MAG Silver Corp?
The Earnings per Share (EPS) of MAG Silver Corp (MAG.CA) is expected to grow by 48.94% in the next year.