SSR MINING INC (SSRM)
CA7847301032 - Common Stock
SSRM gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 155 industry peers in the Metals & Mining industry. SSRM has an excellent financial health rating, but there are some minor concerns on its profitability. SSRM has a decent growth rate and is not valued too expensively.
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.
SSRM had positive earnings in 4 of the past 5 years.
SSRM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of -1.82%, SSRM is in line with its industry, outperforming 49.03% of the companies in the same industry.
SSRM has a Return On Equity of -2.90%. This is comparable to the rest of the industry: SSRM outperforms 49.03% of its industry peers.
The Return On Invested Capital of SSRM (5.06%) is better than 62.58% of its industry peers.
SSRM had an Average Return On Invested Capital over the past 3 years of 5.87%. This is below the industry average of 9.26%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.82% | ||
| ROE | -2.9% | ||
| ROIC | 5.06% |
ROA(3y)2.98%
ROA(5y)3.03%
ROE(3y)4.31%
ROE(5y)4.5%
ROIC(3y)5.87%
ROIC(5y)5.78%
1.3 Margins
SSRM's Operating Margin of 21.14% is fine compared to the rest of the industry. SSRM outperforms 79.35% of its industry peers.
In the last couple of years the Operating Margin of SSRM has grown nicely.
With an excellent Gross Margin value of 44.44%, SSRM belongs to the best of the industry, outperforming 85.16% of the companies in the same industry.
In the last couple of years the Gross Margin of SSRM has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 21.14% | ||
| PM (TTM) | N/A | ||
| GM | 44.44% |
OM growth 3Y-8.99%
OM growth 5Y24.3%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.4%
GM growth 5Y19.52%
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
The number of shares outstanding for SSRM has been increased compared to 5 years ago.
The debt/assets ratio for SSRM has been reduced compared to a year ago.
2.2 Solvency
SSRM has an Altman-Z score of 1.08. This is a bad value and indicates that SSRM is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 1.08, SSRM is not doing good in the industry: 69.68% of the companies in the same industry are doing better.
The Debt to FCF ratio of SSRM is 1.61, which is an excellent value as it means it would take SSRM, only 1.61 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 1.61, SSRM belongs to the best of the industry, outperforming 83.87% of the companies in the same industry.
A Debt/Equity ratio of 0.09 indicates that SSRM is not too dependend on debt financing.
SSRM's Debt to Equity ratio of 0.09 is in line compared to the rest of the industry. SSRM outperforms 58.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 1.61 | ||
| Altman-Z | 1.08 |
ROIC/WACC0.62
WACC8.19%
2.3 Liquidity
SSRM has a Current Ratio of 7.01. This indicates that SSRM is financially healthy and has no problem in meeting its short term obligations.
SSRM has a Current ratio of 7.01. This is amongst the best in the industry. SSRM outperforms 85.16% of its industry peers.
SSRM has a Quick Ratio of 3.99. This indicates that SSRM is financially healthy and has no problem in meeting its short term obligations.
SSRM has a Quick ratio of 3.99. This is in the better half of the industry: SSRM outperforms 75.48% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 7.01 | ||
| Quick Ratio | 3.99 |
3. Growth
3.1 Past
SSRM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 128.07%, which is quite impressive.
The Earnings Per Share has been growing by 35.94% on average over the past years. This is a very strong growth
SSRM shows a strong growth in Revenue. In the last year, the Revenue has grown by 24.29%.
Measured over the past years, SSRM shows a very strong growth in Revenue. The Revenue has been growing by 27.67% on average per year.
EPS 1Y (TTM)128.07%
EPS 3Y0.52%
EPS 5Y35.94%
EPS growth Q2Q391.67%
Revenue 1Y (TTM)24.29%
Revenue growth 3Y18.7%
Revenue growth 5Y27.67%
Revenue growth Q2Q39%
3.2 Future
SSRM is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -53.88% yearly.
Based on estimates for the next years, SSRM will show a very negative growth in Revenue. The Revenue will decrease by -19.77% on average per year.
EPS Next Y-95.95%
EPS Next 2Y-57.37%
EPS Next 3Y-53.88%
EPS Next 5YN/A
Revenue Next Year-43.94%
Revenue Next 2Y-27.44%
Revenue Next 3Y-19.77%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 3.95 indicates a rather cheap valuation of SSRM.
SSRM's Price/Earnings ratio is rather cheap when compared to the industry. SSRM is cheaper than 98.06% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 24.80, SSRM is valued rather cheaply.
The Price/Forward Earnings ratio is 97.53, which means the current valuation is very expensive for SSRM.
SSRM's Price/Forward Earnings is on the same level as the industry average.
The average S&P500 Price/Forward Earnings ratio is at 21.27. SSRM is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.95 | ||
| Fwd PE | 97.53 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SSRM is valued cheaply inside the industry as 99.35% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of SSRM indicates a rather cheap valuation: SSRM is cheaper than 96.77% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.23 | ||
| EV/EBITDA | 1.6 |
4.3 Compensation for Growth
SSRM's earnings are expected to decrease with -53.88% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.11
EPS Next 2Y-57.37%
EPS Next 3Y-53.88%
5. Dividend
5.1 Amount
SSRM has a Yearly Dividend Yield of 5.16%, which is a nice return.
In the last 3 months the price of SSRM has falen by -47.55%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
SSRM's Dividend Yield is rather good when compared to the industry average which is at 2.87. SSRM pays more dividend than 95.48% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.40, SSRM pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.16% |
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 Years2
Div Non Decr Years2
5.3 Sustainability
SSRM has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-58.88%
EPS Next 2Y-57.37%
EPS Next 3Y-53.88%
SSR MINING INC
NASDAQ:SSRM (4/18/2024, 7:21:43 PM)
After market: 5.14 0 (0%)5.14
+0.08 (+1.58%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap1.04B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.16% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
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EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
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Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.95 | ||
| Fwd PE | 97.53 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)0.11
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.82% | ||
| ROE | -2.9% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 21.14% | ||
| PM (TTM) | N/A | ||
| GM | 44.44% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.26
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 7.01 | ||
| Quick Ratio | 3.99 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)128.07%
EPS 3Y0.52%
EPS 5Y
EPS growth Q2Q
EPS Next Y-95.95%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)24.29%
Revenue growth 3Y18.7%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y