MAG Silver Corp (MAG) Stock Fundamental Analysis

NYSEARCA:MAG • CA55903Q1046

24.47 USD
-0.29 (-1.17%)
At close: Sep 3, 2025
24.55 USD
+0.08 (+0.33%)
After Hours: 9/3/2025, 8:04:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

4

Overall MAG gets a fundamental rating of 4 out of 10. We evaluated MAG against 157 industry peers in the Metals & Mining industry. MAG has only an average score on both its financial health and profitability. MAG is valued expensive and it does not seem to be growing.


Dividend Valuation Growth Profitability Health

5

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.
  • MAG had a negative operating cash flow in each of the past 5 years.
MAG Yearly Net Income VS EBIT VS OCF VS FCFMAG Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20M -20M 40M -40M 60M

1.2 Ratios

  • MAG has a better Return On Assets (16.12%) than 96.15% of its industry peers.
  • The Return On Equity of MAG (16.73%) is better than 89.10% of its industry peers.
  • MAG's Return On Invested Capital of 12.93% is amongst the best of the industry. MAG outperforms 90.38% of its industry peers.
  • MAG had an Average Return On Invested Capital over the past 3 years of 7.92%. This is below the industry average of 10.56%.
  • The 3 year average ROIC (7.92%) for MAG is below the current ROIC(12.93%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 16.12%
ROE 16.73%
ROIC 12.93%
ROA(3y)8.8%
ROA(5y)5.16%
ROE(3y)9.05%
ROE(5y)5.31%
ROIC(3y)7.92%
ROIC(5y)N/A
MAG Yearly ROA, ROE, ROICMAG Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 -20 -30

1.3 Margins

  • MAG's Profit Margin of 83.12% is amongst the best of the industry. MAG outperforms 99.36% of its industry peers.
  • MAG's Operating Margin of 83.87% is amongst the best of the industry. MAG outperforms 99.36% of its industry peers.
Industry RankSector 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
MAG Yearly Profit, Operating, Gross MarginsMAG Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60 80

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ROAROEROICOperating and Profit MarginShow most profitable peers

6

2. Health

2.1 Basic Checks

  • MAG has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
  • The number of shares outstanding for MAG has been increased compared to 1 year ago.
  • MAG has more shares outstanding than it did 5 years ago.
  • The debt/assets ratio for MAG is higher compared to a year ago.
MAG Yearly Shares OutstandingMAG Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M
MAG Yearly Total Debt VS Total AssetsMAG Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

2.2 Solvency

  • MAG has an Altman-Z score of 65.75. 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 65.75, MAG belongs to the top of the industry, outperforming 91.67% of the companies in the same industry.
  • A Debt/Equity ratio of 0.00 indicates that MAG is not too dependend on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 0.00, MAG is in the better half of the industry, outperforming 78.85% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Altman-Z 65.75
ROIC/WACC1.39
WACC9.31%
MAG Yearly LT Debt VS Equity VS FCFMAG Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M

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 98.08% of its industry peers.
  • A Quick Ratio of 44.26 indicates that MAG has no problem at all paying its short term obligations.
  • The Quick ratio of MAG (44.26) is better than 98.08% of its industry peers.
Industry RankSector Rank
Current Ratio 44.26
Quick Ratio 44.26
MAG Yearly Current Assets VS Current LiabilitesMAG Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 67.80% 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)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.
  • Based on estimates for the next years, MAG will show a very negative growth in Revenue. The Revenue will decrease by -18.92% on average per year.
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.
MAG Yearly Revenue VS EstimatesMAG Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2021 2022 2023 2024 2025 2026 2027 100M 200M 300M 400M
MAG Yearly EPS VS EstimatesMAG Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 0 0.2 0.4 0.6 0.8 1

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3

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 a bit cheaper than the industry average as 73.72% of the companies are valued more expensively.
  • MAG's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 28.18.
  • With a Price/Forward Earnings ratio of 28.91, MAG can be considered very expensive at the moment.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of MAG is on the same level as its industry peers.
  • MAG's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 28.01.
Industry RankSector Rank
PE 24.72
Fwd PE 28.91
MAG Price Earnings VS Forward Price EarningsMAG Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 50 100 150 200

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MAG is on the same level as its industry peers.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 22.47
MAG Per share dataMAG EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 4

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%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

2

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 1.41%, MAG has a reasonable but not impressive dividend return.
  • MAG's Dividend Yield is a higher than the industry average which is at 1.03.
  • MAG's Dividend Yield is slightly below the S&P500 average, which is at 1.80.
Industry RankSector 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
MAG Yearly Dividends per shareMAG Yearly Dividends per shareYearly Dividends per share 2025 0.1 0.2 0.3 0.4 0.5

5.3 Sustainability

DPN/A
EPS Next 2Y6.23%
EPS Next 3Y5.42%
MAG Yearly Income VS Free CF VS DividendMAG Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20M -20M 40M -40M 60M

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MAG Silver Corp

NYSEARCA:MAG (9/3/2025, 8:04:00 PM)

After market: 24.55 +0.08 (+0.33%)

24.47

-0.29 (-1.17%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)08-11
Earnings (Next)11-10
Inst Owners54.85%
Inst Owner Change-1.18%
Ins Owners0.26%
Ins Owner ChangeN/A
Market Cap2.53B
Revenue(TTM)124.46M
Net Income(TTM)103.46M
Analysts71.67
Price Target22.33 (-8.75%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector 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)0.56%
PT rev (3m)8.17%
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 RankSector Rank
PE 24.72
Fwd PE 28.91
P/S 20.34
P/FCF N/A
P/OCF N/A
P/B 4.09
P/tB 4.09
EV/EBITDA 22.47
EPS(TTM)0.99
EY4.05%
EPS(NY)0.85
Fwd EY3.46%
FCF(TTM)-0.29
FCFYN/A
OCF(TTM)-0.07
OCFYN/A
SpS1.2
BVpS5.98
TBVpS5.98
PEG (NY)0.51
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA 16.12%
ROE 16.73%
ROCE 16.36%
ROIC 12.93%
ROICexc 17.69%
ROICexgc 17.69%
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)7.92%
ROIC(5y)N/A
ROICexc(3y)9.73%
ROICexc(5y)N/A
ROICexgc(3y)9.73%
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 RankSector 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 65.75
F-Score4
WACC9.31%
ROIC/WACC1.39
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 FAQ

Can you provide the ChartMill fundamental rating for MAG Silver Corp?

ChartMill assigns a fundamental rating of 4 / 10 to MAG.


Can you provide the valuation status for MAG Silver Corp?

ChartMill assigns a valuation rating of 2 / 10 to MAG Silver Corp (MAG). This can be considered as Overvalued.


Can you provide the profitability details for MAG Silver Corp?

MAG Silver Corp (MAG) 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) is 24.72 and the Price/Book (PB) ratio is 4.09.


What is the earnings growth outlook for MAG Silver Corp?

The Earnings per Share (EPS) of MAG Silver Corp (MAG) is expected to grow by 48.94% in the next year.