SSR MINING INC (SSRM) Stock Fundamental Analysis
USA - NASDAQ:SSRM - CA7847301032 - Common Stock
22.67 USD
+0.5 (+2.26%)
22.66 USD
-0.01 (-0.04%)
SSRM gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 154 industry peers in the Metals & Mining industry. SSRM has only an average score on both its financial health and profitability. SSRM scores decently on growth, while it is valued quite cheap. This could make an interesting combination. This makes SSRM very considerable for value investing!
1. Profitability
1.1 Basic Checks
SSRM had positive earnings in the past year.
SSRM had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: SSRM reported negative net income in multiple years.
SSRM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
SSRM's Return On Assets of 2.85% is fine compared to the rest of the industry. SSRM outperforms 68.18% of its industry peers.
SSRM has a better Return On Equity (5.06%) than 68.18% of its industry peers.
Looking at the Return On Invested Capital, with a value of 4.48%, SSRM is in the better half of the industry, outperforming 62.34% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for SSRM is significantly below the industry average of 12.40%.
The 3 year average ROIC (3.38%) for SSRM is below the current ROIC(4.48%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.85% | ||
| ROE | 5.06% | ||
| ROIC | 4.48% |
ROA(3y)-1.05%
ROA(5y)1.37%
ROE(3y)-1.96%
ROE(5y)1.81%
ROIC(3y)3.38%
ROIC(5y)4.32%
1.3 Margins
SSRM has a Profit Margin of 12.66%. This is in the better half of the industry: SSRM outperforms 77.92% of its industry peers.
The Operating Margin of SSRM (23.13%) is better than 75.97% of its industry peers.
In the last couple of years the Operating Margin of SSRM has declined.
The Gross Margin of SSRM (43.19%) is better than 81.82% of its industry peers.
In the last couple of years the Gross Margin of SSRM has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.13% | ||
| PM (TTM) | 12.66% | ||
| GM | 43.19% |
OM growth 3Y-28.45%
OM growth 5Y-10.11%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-12.65%
GM growth 5Y5.2%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so SSRM is destroying value.
The number of shares outstanding for SSRM has been reduced compared to 1 year ago.
Compared to 5 years ago, SSRM has more shares outstanding
The debt/assets ratio for SSRM is higher compared to a year ago.
2.2 Solvency
SSRM has an Altman-Z score of 1.66. This is a bad value and indicates that SSRM is not financially healthy and even has some risk of bankruptcy.
SSRM has a Altman-Z score of 1.66. This is in the lower half of the industry: SSRM underperforms 72.73% of its industry peers.
The Debt to FCF ratio of SSRM is 2.22, which is a good value as it means it would take SSRM, 2.22 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 2.22, SSRM is in the better half of the industry, outperforming 79.87% of the companies in the same industry.
A Debt/Equity ratio of 0.03 indicates that SSRM is not too dependend on debt financing.
SSRM's Debt to Equity ratio of 0.03 is fine compared to the rest of the industry. SSRM outperforms 68.18% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 2.22 | ||
| Altman-Z | 1.66 |
ROIC/WACC0.51
WACC8.77%
2.3 Liquidity
A Current Ratio of 2.39 indicates that SSRM has no problem at all paying its short term obligations.
The Current ratio of SSRM (2.39) is comparable to the rest of the industry.
SSRM has a Quick Ratio of 1.20. This is a normal value and indicates that SSRM is financially healthy and should not expect problems in meeting its short term obligations.
SSRM's Quick ratio of 1.20 is in line compared to the rest of the industry. SSRM outperforms 40.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.39 | ||
| Quick Ratio | 1.2 |
3. Growth
3.1 Past
The earnings per share for SSRM have decreased by -7.00% in the last year.
SSRM shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -19.34% yearly.
SSRM shows a small growth in Revenue. In the last year, the Revenue has grown by 6.22%.
Measured over the past years, SSRM shows a quite strong growth in Revenue. The Revenue has been growing by 10.41% on average per year.
EPS 1Y (TTM)-7%
EPS 3Y-45.92%
EPS 5Y-19.34%
EPS Q2Q%1175%
Revenue 1Y (TTM)6.22%
Revenue growth 3Y-12.26%
Revenue growth 5Y10.41%
Sales Q2Q%119.35%
3.2 Future
The Earnings Per Share is expected to grow by 121.42% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 27.67% on average over the next years. This is a very strong growth
EPS Next Y454.24%
EPS Next 2Y205.12%
EPS Next 3Y121.42%
EPS Next 5YN/A
Revenue Next Year60.51%
Revenue Next 2Y37.56%
Revenue Next 3Y27.67%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 24.38, SSRM is valued on the expensive side.
Based on the Price/Earnings ratio, SSRM is valued a bit cheaper than 72.73% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.83. SSRM is around the same levels.
A Price/Forward Earnings ratio of 8.70 indicates a reasonable valuation of SSRM.
SSRM's Price/Forward Earnings ratio is rather cheap when compared to the industry. SSRM is cheaper than 88.31% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of SSRM to the average of the S&P500 Index (22.88), we can say SSRM is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.38 | ||
| Fwd PE | 8.7 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SSRM indicates a somewhat cheap valuation: SSRM is cheaper than 74.68% of the companies listed in the same industry.
SSRM's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. SSRM is cheaper than 77.92% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 28.73 | ||
| EV/EBITDA | 10.27 |
4.3 Compensation for Growth
SSRM's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of SSRM may justify a higher PE ratio.
SSRM's earnings are expected to grow with 121.42% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.05
PEG (5Y)N/A
EPS Next 2Y205.12%
EPS Next 3Y121.42%
5. Dividend
5.1 Amount
SSRM has a Yearly Dividend Yield of 2.47%.
SSRM's Dividend Yield is rather good when compared to the industry average which is at 2.52. SSRM pays more dividend than 89.61% of the companies in the same industry.
SSRM's Dividend Yield is comparable with the S&P500 average which is at 2.30.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.47% |
5.2 History
SSRM has been paying a dividend for less than 5 years, so it still needs to build a track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DP0%
EPS Next 2Y205.12%
EPS Next 3Y121.42%
22.67
+0.5 (+2.26%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners73.23%
Inst Owner Change0.86%
Ins Owners0.63%
Ins Owner Change-2.39%
Market Cap4.60B
Revenue(TTM)1.30B
Net Income(TTM)164.97M
Analysts75.38
Price Target18.98 (-16.28%)
Short Float %6.15%
Short Ratio3.45
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.47% |
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)128.4%
Min EPS beat(2)118.7%
Max EPS beat(2)138.1%
EPS beat(4)2
Avg EPS beat(4)34.94%
Min EPS beat(4)-77.66%
Max EPS beat(4)138.1%
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)2
Avg Revenue beat(2)8.75%
Min Revenue beat(2)4.5%
Max Revenue beat(2)13%
Revenue beat(4)4
Avg Revenue beat(4)14.25%
Min Revenue beat(4)4.5%
Max Revenue beat(4)21.26%
Revenue beat(8)5
Avg Revenue beat(8)2.55%
Revenue beat(12)5
Avg Revenue beat(12)-4.79%
Revenue beat(16)8
Avg Revenue beat(16)-2.66%
PT rev (1m)20.18%
PT rev (3m)40.12%
EPS NQ rev (1m)-5.14%
EPS NQ rev (3m)-10.75%
EPS NY rev (1m)1.53%
EPS NY rev (3m)42.57%
Revenue NQ rev (1m)2.16%
Revenue NQ rev (3m)7.83%
Revenue NY rev (1m)0.91%
Revenue NY rev (3m)10.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.38 | ||
| Fwd PE | 8.7 | ||
| P/S | 3.53 | ||
| P/FCF | 28.73 | ||
| P/OCF | 13.67 | ||
| P/B | 1.41 | ||
| P/tB | 1.41 | ||
| EV/EBITDA | 10.27 |
EPS(TTM)0.93
EY4.1%
EPS(NY)2.61
Fwd EY11.5%
FCF(TTM)0.79
FCFY3.48%
OCF(TTM)1.66
OCFY7.31%
SpS6.42
BVpS16.07
TBVpS16.08
PEG (NY)0.05
PEG (5Y)N/A
Graham Number18.34
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.85% | ||
| ROE | 5.06% | ||
| ROCE | 5.67% | ||
| ROIC | 4.48% | ||
| ROICexc | 4.88% | ||
| ROICexgc | 4.88% | ||
| OM | 23.13% | ||
| PM (TTM) | 12.66% | ||
| GM | 43.19% | ||
| FCFM | 12.28% |
ROA(3y)-1.05%
ROA(5y)1.37%
ROE(3y)-1.96%
ROE(5y)1.81%
ROIC(3y)3.38%
ROIC(5y)4.32%
ROICexc(3y)3.75%
ROICexc(5y)5.24%
ROICexgc(3y)3.77%
ROICexgc(5y)5.29%
ROCE(3y)4.28%
ROCE(5y)5.47%
ROICexgc growth 3Y-42.5%
ROICexgc growth 5Y-29.55%
ROICexc growth 3Y-42.25%
ROICexc growth 5Y-28.78%
OM growth 3Y-28.45%
OM growth 5Y-10.11%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-12.65%
GM growth 5Y5.2%
F-Score5
Asset Turnover0.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 2.22 | ||
| Debt/EBITDA | 0.26 | ||
| Cap/Depr | 140.32% | ||
| Cap/Sales | 13.53% | ||
| Interest Coverage | 39.71 | ||
| Cash Conversion | 78.76% | ||
| Profit Quality | 96.98% | ||
| Current Ratio | 2.39 | ||
| Quick Ratio | 1.2 | ||
| Altman-Z | 1.66 |
F-Score5
WACC8.77%
ROIC/WACC0.51
Cap/Depr(3y)96.81%
Cap/Depr(5y)97.98%
Cap/Sales(3y)14.02%
Cap/Sales(5y)13.9%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-7%
EPS 3Y-45.92%
EPS 5Y-19.34%
EPS Q2Q%1175%
EPS Next Y454.24%
EPS Next 2Y205.12%
EPS Next 3Y121.42%
EPS Next 5YN/A
Revenue 1Y (TTM)6.22%
Revenue growth 3Y-12.26%
Revenue growth 5Y10.41%
Sales Q2Q%119.35%
Revenue Next Year60.51%
Revenue Next 2Y37.56%
Revenue Next 3Y27.67%
Revenue Next 5YN/A
EBIT growth 1Y22.42%
EBIT growth 3Y-37.22%
EBIT growth 5Y-0.76%
EBIT Next Year215.99%
EBIT Next 3Y76.14%
EBIT Next 5YN/A
FCF growth 1Y647.92%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y125.39%
OCF growth 3Y-59.61%
OCF growth 5Y-21.45%
SSR MINING INC / SSRM FAQ
Can you provide the ChartMill fundamental rating for SSR MINING INC?
ChartMill assigns a fundamental rating of 6 / 10 to SSRM.
What is the valuation status of SSR MINING INC (SSRM) stock?
ChartMill assigns a valuation rating of 7 / 10 to SSR MINING INC (SSRM). This can be considered as Undervalued.
How profitable is SSR MINING INC (SSRM) stock?
SSR MINING INC (SSRM) has a profitability rating of 6 / 10.
What are the PE and PB ratios of SSR MINING INC (SSRM) stock?
The Price/Earnings (PE) ratio for SSR MINING INC (SSRM) is 24.38 and the Price/Book (PB) ratio is 1.41.
Can you provide the financial health for SSRM stock?
The financial health rating of SSR MINING INC (SSRM) is 5 / 10.