SSR MINING INC (SSRM) Stock Fundamental Analysis
USA - NASDAQ:SSRM - CA7847301032 - Common Stock
23.74 USD
+0.92 (+4.03%)
23.69 USD
-0.05 (-0.21%)
Taking everything into account, SSRM scores 6 out of 10 in our fundamental rating. SSRM was compared to 156 industry peers in the Metals & Mining industry. SSRM has an average financial health and profitability rating. SSRM may be a bit undervalued, certainly considering the very reasonable score on growth These ratings could make SSRM a good candidate for value investing.
1. Profitability
1.1 Basic Checks
In the past year SSRM was profitable.
In the past year SSRM had a positive cash flow from operations.
In multiple years SSRM reported negative net income over the last 5 years.
In the past 5 years SSRM always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of SSRM (2.85%) is better than 68.59% of its industry peers.
With a decent Return On Equity value of 5.06%, SSRM is doing good in the industry, outperforming 68.59% of the companies in the same industry.
With a decent Return On Invested Capital value of 4.48%, SSRM is doing good in the industry, outperforming 62.18% of the companies in the same industry.
SSRM had an Average Return On Invested Capital over the past 3 years of 3.38%. This is significantly below the industry average of 12.88%.
The last Return On Invested Capital (4.48%) for SSRM is above the 3 year average (3.38%), which is a sign of increasing profitability.
| 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 76.92% of its industry peers.
SSRM has a better Operating Margin (23.13%) than 75.64% of its industry peers.
In the last couple of years the Operating Margin of SSRM has declined.
SSRM has a Gross Margin of 43.19%. This is amongst the best in the industry. SSRM outperforms 81.41% of its industry peers.
SSRM's Gross Margin has improved in the last couple of years.
| 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
SSRM has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, SSRM has less shares outstanding
SSRM has more shares outstanding than it did 5 years ago.
SSRM has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.74, we must say that SSRM is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 1.74, SSRM is not doing good in the industry: 73.72% of the companies in the same industry are doing better.
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.
SSRM's Debt to FCF ratio of 2.22 is fine compared to the rest of the industry. SSRM outperforms 79.49% of its industry peers.
SSRM has a Debt/Equity ratio of 0.03. This is a healthy value indicating a solid balance between debt and equity.
SSRM's Debt to Equity ratio of 0.03 is fine compared to the rest of the industry. SSRM outperforms 69.87% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 2.22 | ||
| Altman-Z | 1.74 |
ROIC/WACC0.49
WACC9.12%
2.3 Liquidity
SSRM has a Current Ratio of 2.39. This indicates that SSRM is financially healthy and has no problem in meeting its short term obligations.
SSRM has a Current ratio (2.39) which is in line with its industry peers.
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 has a Quick ratio of 1.20. This is comparable to the rest of the industry: SSRM outperforms 41.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.39 | ||
| Quick Ratio | 1.2 |
3. Growth
3.1 Past
SSRM shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -7.00%.
The earnings per share for SSRM have been decreasing by -19.34% on average. This is quite bad
The Revenue has been growing slightly by 6.22% in the past year.
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
Based on estimates for the next years, SSRM will show a very strong growth in Earnings Per Share. The EPS will grow by 104.86% on average per year.
The Revenue is expected to grow by 25.11% on average over the next years. This is a very strong growth
EPS Next Y373.12%
EPS Next 2Y181.32%
EPS Next 3Y104.86%
EPS Next 5YN/A
Revenue Next Year59.07%
Revenue Next 2Y36.51%
Revenue Next 3Y25.11%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 25.53 indicates a quite expensive valuation of SSRM.
SSRM's Price/Earnings ratio is a bit cheaper when compared to the industry. SSRM is cheaper than 72.44% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.06, SSRM is valued at the same level.
With a Price/Forward Earnings ratio of 10.71, the valuation of SSRM can be described as very reasonable.
Based on the Price/Forward Earnings ratio, SSRM is valued cheaper than 81.41% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.64. SSRM is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.53 | ||
| Fwd PE | 10.71 |
4.2 Price Multiples
SSRM's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. SSRM is cheaper than 73.08% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of SSRM indicates a somewhat cheap valuation: SSRM is cheaper than 76.92% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 30.09 | ||
| EV/EBITDA | 11.02 |
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 104.86% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.07
PEG (5Y)N/A
EPS Next 2Y181.32%
EPS Next 3Y104.86%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.47%, SSRM has a reasonable but not impressive dividend return.
SSRM's Dividend Yield is rather good when compared to the industry average which is at 2.51. SSRM pays more dividend than 89.74% of the companies in the same industry.
SSRM's Dividend Yield is comparable with the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.47% |
5.2 History
SSRM has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DP0%
EPS Next 2Y181.32%
EPS Next 3Y104.86%
23.74
+0.92 (+4.03%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners72.13%
Inst Owner Change0.9%
Ins Owners0.63%
Ins Owner Change-1.18%
Market Cap4.81B
Analysts75.38
Price Target15.8 (-33.45%)
Short Float %4.1%
Short Ratio2.66
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)8.97%
PT rev (3m)27.82%
EPS NQ rev (1m)13.05%
EPS NQ rev (3m)15.51%
EPS NY rev (1m)0%
EPS NY rev (3m)19.94%
Revenue NQ rev (1m)-10.51%
Revenue NQ rev (3m)9.31%
Revenue NY rev (1m)0.72%
Revenue NY rev (3m)10.67%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.53 | ||
| Fwd PE | 10.71 | ||
| P/S | 3.7 | ||
| P/FCF | 30.09 | ||
| P/OCF | 14.32 | ||
| P/B | 1.48 | ||
| P/tB | 1.48 | ||
| EV/EBITDA | 11.02 |
EPS(TTM)0.93
EY3.92%
EPS(NY)2.22
Fwd EY9.33%
FCF(TTM)0.79
FCFY3.32%
OCF(TTM)1.66
OCFY6.99%
SpS6.42
BVpS16.08
TBVpS16.08
PEG (NY)0.07
PEG (5Y)N/A
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%
ROICexcg growth 3Y-42.5%
ROICexcg 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 | 1.74 |
F-Score5
WACC9.12%
ROIC/WACC0.49
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 Y373.12%
EPS Next 2Y181.32%
EPS Next 3Y104.86%
EPS Next 5YN/A
Revenue 1Y (TTM)6.22%
Revenue growth 3Y-12.26%
Revenue growth 5Y10.41%
Sales Q2Q%119.35%
Revenue Next Year59.07%
Revenue Next 2Y36.51%
Revenue Next 3Y25.11%
Revenue Next 5YN/A
EBIT growth 1Y22.42%
EBIT growth 3Y-37.22%
EBIT growth 5Y-0.76%
EBIT Next Year194.04%
EBIT Next 3Y69.03%
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%