MAJESTIC GOLD CORP (MJS.CA) Stock Fundamental Analysis
TSX-V:MJS - TSX Venture Exchange - CA5609121077 - Common Stock - Currency: CAD
Taking everything into account, MJS scores 6 out of 10 in our fundamental rating. MJS was compared to 794 industry peers in the Metals & Mining industry. While MJS has a great profitability rating, there are some minor concerns on its financial health. MJS has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
MJS had positive earnings in the past year.
In the past year MJS had a positive cash flow from operations.
MJS had positive earnings in each of the past 5 years.
MJS had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
MJS's Return On Assets of 3.92% is amongst the best of the industry. MJS outperforms 88.04% of its industry peers.
Looking at the Return On Equity, with a value of 9.29%, MJS belongs to the top of the industry, outperforming 91.31% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 9.07%, MJS belongs to the top of the industry, outperforming 94.46% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for MJS is in line with the industry average of 12.37%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.92% | ||
| ROE | 9.29% | ||
| ROIC | 9.07% |
ROA(3y)5.75%
ROA(5y)5.64%
ROE(3y)9.69%
ROE(5y)9.37%
ROIC(3y)11.05%
ROIC(5y)11.56%
1.3 Margins
With an excellent Profit Margin value of 13.81%, MJS belongs to the best of the industry, outperforming 93.32% of the companies in the same industry.
MJS's Profit Margin has declined in the last couple of years.
MJS has a better Operating Margin (39.62%) than 97.36% of its industry peers.
In the last couple of years the Operating Margin of MJS has grown nicely.
The Gross Margin of MJS (51.30%) is better than 95.97% of its industry peers.
MJS's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 39.62% | ||
| PM (TTM) | 13.81% | ||
| GM | 51.3% |
OM growth 3Y1.45%
OM growth 5Y11.43%
PM growth 3Y6.06%
PM growth 5Y-9.29%
GM growth 3Y-5.5%
GM growth 5Y9.62%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so MJS is still creating some value.
Compared to 1 year ago, MJS has about the same amount of shares outstanding.
MJS has less shares outstanding than it did 5 years ago.
MJS has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.29, we must say that MJS is in the distress zone and has some risk of bankruptcy.
MJS has a Altman-Z score (1.29) which is comparable to the rest of the industry.
MJS has a debt to FCF ratio of 0.59. This is a very positive value and a sign of high solvency as it would only need 0.59 years to pay back of all of its debts.
MJS has a better Debt to FCF ratio (0.59) than 95.21% of its industry peers.
MJS has a Debt/Equity ratio of 0.15. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of MJS (0.15) is worse than 64.86% of its industry peers.
Even though the debt/equity ratio score it not favorable for MJS, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | 0.59 | ||
| Altman-Z | 1.29 |
ROIC/WACC1.03
WACC8.83%
2.3 Liquidity
MJS has a Current Ratio of 2.00. This indicates that MJS is financially healthy and has no problem in meeting its short term obligations.
With a Current ratio value of 2.00, MJS perfoms like the industry average, outperforming 55.04% of the companies in the same industry.
A Quick Ratio of 1.94 indicates that MJS should not have too much problems paying its short term obligations.
MJS's Quick ratio of 1.94 is in line compared to the rest of the industry. MJS outperforms 57.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2 | ||
| Quick Ratio | 1.94 |
3. Growth
3.1 Past
MJS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 37.50%, which is quite impressive.
Measured over the past years, MJS shows a very strong growth in Earnings Per Share. The EPS has been growing by 30.24% on average per year.
The Revenue has grown by 32.23% in the past year. This is a very strong growth!
The Revenue has been growing by 16.95% on average over the past years. This is quite good.
EPS 1Y (TTM)37.5%
EPS 3Y30.24%
EPS 5YN/A
EPS Q2Q%16%
Revenue 1Y (TTM)32.23%
Revenue growth 3Y22.66%
Revenue growth 5Y16.95%
Sales Q2Q%25.17%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 15.00, which indicates a correct valuation of MJS.
Compared to the rest of the industry, the Price/Earnings ratio of MJS indicates a rather cheap valuation: MJS is cheaper than 92.19% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.46, MJS is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MJS is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, MJS is valued cheaply inside the industry as 98.99% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4 | ||
| EV/EBITDA | 0.25 |
4.3 Compensation for Growth
The excellent profitability rating of MJS may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.62%, MJS is a good candidate for dividend investing.
MJS's Dividend Yield is rather good when compared to the industry average which is at 17.17. MJS pays more dividend than 99.50% of the companies in the same industry.
MJS's Dividend Yield is rather good when compared to the S&P500 average which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.62% |
5.2 History
MJS 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
MJS pays out 49.07% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP49.07%
EPS Next 2YN/A
EPS Next 3YN/A
TSX-V:MJS (7/21/2025, 7:00:00 PM)
0.15
+0.01 (+3.45%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst OwnersN/A
Inst Owner ChangeN/A
Ins Owners12.86%
Ins Owner ChangeN/A
Market Cap156.40M
Analysts0
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.62% |
Yearly Dividend0.01
Dividend Growth(5Y)N/A
DP49.07%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
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)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)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15 | ||
| Fwd PE | N/A | ||
| P/S | 1.52 | ||
| P/FCF | 4 | ||
| P/OCF | 3.17 | ||
| P/B | 1.02 | ||
| P/tB | 1.11 | ||
| EV/EBITDA | 0.25 |
EPS(TTM)0.01
EY6.67%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)0.04
FCFY25.02%
OCF(TTM)0.05
OCFY31.52%
SpS0.1
BVpS0.15
TBVpS0.14
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.92% | ||
| ROE | 9.29% | ||
| ROCE | 14.45% | ||
| ROIC | 9.07% | ||
| ROICexc | 18.17% | ||
| ROICexgc | 19.67% | ||
| OM | 39.62% | ||
| PM (TTM) | 13.81% | ||
| GM | 51.3% | ||
| FCFM | 38.09% |
ROA(3y)5.75%
ROA(5y)5.64%
ROE(3y)9.69%
ROE(5y)9.37%
ROIC(3y)11.05%
ROIC(5y)11.56%
ROICexc(3y)23.74%
ROICexc(5y)21.65%
ROICexgc(3y)23.74%
ROICexgc(5y)21.65%
ROCE(3y)17.18%
ROCE(5y)18.16%
ROICexcg growth 3Y27.7%
ROICexcg growth 5Y37.55%
ROICexc growth 3Y27.7%
ROICexc growth 5Y37.55%
OM growth 3Y1.45%
OM growth 5Y11.43%
PM growth 3Y6.06%
PM growth 5Y-9.29%
GM growth 3Y-5.5%
GM growth 5Y9.62%
F-Score4
Asset Turnover0.28
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | 0.59 | ||
| Debt/EBITDA | 0.42 | ||
| Cap/Depr | 71.87% | ||
| Cap/Sales | 9.89% | ||
| Interest Coverage | 400.83 | ||
| Cash Conversion | 89.9% | ||
| Profit Quality | 275.88% | ||
| Current Ratio | 2 | ||
| Quick Ratio | 1.94 | ||
| Altman-Z | 1.29 |
F-Score4
WACC8.83%
ROIC/WACC1.03
Cap/Depr(3y)117.14%
Cap/Depr(5y)175.26%
Cap/Sales(3y)14.21%
Cap/Sales(5y)19.85%
Profit Quality(3y)198.05%
Profit Quality(5y)188.76%
High Growth Momentum
Growth
EPS 1Y (TTM)37.5%
EPS 3Y30.24%
EPS 5YN/A
EPS Q2Q%16%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)32.23%
Revenue growth 3Y22.66%
Revenue growth 5Y16.95%
Sales Q2Q%25.17%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y50.79%
EBIT growth 3Y24.44%
EBIT growth 5Y30.32%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y37.18%
FCF growth 3Y46.69%
FCF growth 5Y33.87%
OCF growth 1Y24.27%
OCF growth 3Y22.66%
OCF growth 5Y35.48%