MAG SILVER CORP (MAG.CA) Stock Fundamental Analysis
TSX:MAG - Toronto Stock Exchange - CA55903Q1046 - Common Stock - Currency: CAD
Taking everything into account, MAG scores 4 out of 10 in our fundamental rating. MAG was compared to 794 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 does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
MAG had positive earnings in the past year.
MAG had a negative operating cash flow in the past year.
Of the past 5 years MAG 4 years were profitable.
MAG had a negative operating cash flow in each of the past 5 years.
1.2 Ratios
MAG has a better Return On Assets (14.26%) than 94.96% of its industry peers.
With an excellent Return On Equity value of 15.18%, MAG belongs to the best of the industry, outperforming 93.32% of the companies in the same industry.
With an excellent Return On Invested Capital value of 7.84%, MAG belongs to the best of the industry, outperforming 93.32% of the companies in the same industry.
MAG had an Average Return On Invested Capital over the past 3 years of 7.22%. This is significantly below the industry average of 12.37%.
The 3 year average ROIC (7.22%) for MAG is below the current ROIC(7.84%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.26% | ||
| ROE | 15.18% | ||
| ROIC | 7.84% |
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
With an excellent Profit Margin value of 111.24%, MAG belongs to the best of the industry, outperforming 98.74% of the companies in the same industry.
MAG has a better Operating Margin (82.11%) than 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 82.11% | ||
| PM (TTM) | 111.24% | ||
| 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) below the Cost of Capital (WACC), MAG is destroying value.
MAG has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, MAG has more shares outstanding
The debt/assets ratio for MAG is higher compared to a year ago.
2.2 Solvency
MAG has an Altman-Z score of 35.03. This indicates that MAG is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 35.03, MAG belongs to the top of the industry, outperforming 83.25% of the companies in the same industry.
A Debt/Equity ratio of 0.00 indicates that MAG is not too dependend on debt financing.
MAG has a Debt to Equity ratio of 0.00. This is comparable to the rest of the industry: MAG outperforms 53.02% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 35.03 |
ROIC/WACC0.88
WACC8.86%
2.3 Liquidity
A Current Ratio of 7.35 indicates that MAG has no problem at all paying its short term obligations.
The Current ratio of MAG (7.35) is better than 81.86% of its industry peers.
A Quick Ratio of 7.35 indicates that MAG has no problem at all paying its short term obligations.
MAG has a better Quick ratio (7.35) than 81.99% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 7.35 | ||
| Quick Ratio | 7.35 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 54.39% over the past year.
The Earnings Per Share has been growing by 132.08% on average over the past years. This is a very strong growth
Looking at the last year, MAG shows a very strong growth in Revenue. The Revenue has grown by 42.67%.
EPS 1Y (TTM)54.39%
EPS 3Y132.08%
EPS 5YN/A
EPS Q2Q%92.86%
Revenue 1Y (TTM)42.67%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-100%
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.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next Y16.57%
EPS Next 2Y-5.39%
EPS Next 3Y-1.95%
EPS Next 5Y-2.33%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
MAG is valuated rather expensively with a Price/Earnings ratio of 24.59.
MAG's Price/Earnings ratio is rather cheap when compared to the industry. MAG is cheaper than 89.29% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 28.04, MAG is valued at the same level.
A Price/Forward Earnings ratio of 32.28 indicates a quite expensive valuation of MAG.
86.52% of the companies in the same industry are more expensive than MAG, based on the Price/Forward Earnings ratio.
MAG's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 37.64.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.59 | ||
| Fwd PE | 32.28 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MAG is valued cheaper than 88.92% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 30.59 |
4.3 Compensation for Growth
MAG's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.48
PEG (5Y)N/A
EPS Next 2Y-5.39%
EPS Next 3Y-1.95%
5. Dividend
5.1 Amount
MAG has a yearly dividend return of 0.28%, which is pretty low.
MAG's Dividend Yield is rather good when compared to the industry average which is at 17.17. MAG pays more dividend than 94.46% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.35, MAG's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.28% |
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 2Y-5.39%
EPS Next 3Y-1.95%
TSX:MAG (7/25/2025, 7:00:00 PM)
29.51
-0.03 (-0.1%)
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 Cap3.05B
Analysts75
Price Target28.73 (-2.64%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.28% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-4.37%
Min EPS beat(2)-20.79%
Max EPS beat(2)12.05%
EPS beat(4)3
Avg EPS beat(4)9.31%
Min EPS beat(4)-20.79%
Max EPS beat(4)31.32%
EPS beat(8)6
Avg EPS beat(8)6.05%
EPS beat(12)6
Avg EPS beat(12)-12.43%
EPS beat(16)8
Avg EPS beat(16)-25.82%
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)1.35%
PT rev (3m)1.8%
EPS NQ rev (1m)2.44%
EPS NQ rev (3m)17.76%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-44.41%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.59 | ||
| Fwd PE | 32.28 | ||
| P/S | 27.22 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 3.72 | ||
| P/tB | 3.72 | ||
| EV/EBITDA | 30.59 |
EPS(TTM)1.2
EY4.07%
EPS(NY)0.91
Fwd EY3.1%
FCF(TTM)-0.42
FCFYN/A
OCF(TTM)-0.08
OCFYN/A
SpS1.08
BVpS7.94
TBVpS7.94
PEG (NY)1.48
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.26% | ||
| ROE | 15.18% | ||
| ROCE | 10.89% | ||
| ROIC | 7.84% | ||
| ROICexc | 10.48% | ||
| ROICexgc | 10.48% | ||
| OM | 82.11% | ||
| PM (TTM) | 111.24% | ||
| 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-Score3
Asset Turnover0.13
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0.03 | ||
| Cap/Depr | 3709.54% | ||
| Cap/Sales | 31.16% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 7.35 | ||
| Quick Ratio | 7.35 | ||
| Altman-Z | 35.03 |
F-Score3
WACC8.86%
ROIC/WACC0.88
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)54.39%
EPS 3Y132.08%
EPS 5YN/A
EPS Q2Q%92.86%
EPS Next Y16.57%
EPS Next 2Y-5.39%
EPS Next 3Y-1.95%
EPS Next 5Y-2.33%
Revenue 1Y (TTM)42.67%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-100%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y590.56%
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-32.48%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y41.01%
OCF growth 3YN/A
OCF growth 5YN/A