SSR MINING INC (SSRM) Stock Fundamental Analysis
NASDAQ:SSRM - CA7847301032 - Common Stock
19.95 USD
+0.64 (+3.31%)
20 USD
+0.05 (+0.25%)
We assign a fundamental rating of 6 out of 10 to SSRM. SSRM was compared to 156 industry peers in the Metals & Mining industry. SSRM has only an average score on both its financial health and profitability. A decent growth rate in combination with a cheap valuation! Better keep an eye on SSRM. These ratings would make SSRM suitable 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.
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
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.
The Return On Invested Capital of SSRM (4.48%) is better than 62.18% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for SSRM is significantly below the industry average of 13.00%.
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
With a decent Profit Margin value of 12.66%, SSRM is doing good in the industry, outperforming 76.92% of the companies in the same industry.
SSRM has a Operating Margin of 23.13%. This is in the better half of the industry: SSRM outperforms 75.00% of its industry peers.
In the last couple of years the Operating Margin of SSRM has declined.
Looking at the Gross Margin, with a value of 43.19%, SSRM belongs to the top of the industry, outperforming 82.05% of the companies in the same industry.
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.
SSRM has less shares outstanding than it did 1 year ago.
The number of shares outstanding for SSRM has been increased compared to 5 years ago.
Compared to 1 year ago, SSRM has a worse debt to assets ratio.
2.2 Solvency
SSRM has an Altman-Z score of 1.55. This is a bad value and indicates that SSRM is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.55, SSRM is doing worse than 71.15% of the companies in the same industry.
SSRM has a debt to FCF ratio of 2.22. This is a good value and a sign of high solvency as SSRM would need 2.22 years to pay back of all of its debts.
SSRM's Debt to FCF ratio of 2.22 is fine compared to the rest of the industry. SSRM outperforms 78.85% of its industry peers.
A Debt/Equity ratio of 0.03 indicates that SSRM is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.03, SSRM is doing good in the industry, outperforming 69.23% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 2.22 | ||
| Altman-Z | 1.55 |
ROIC/WACC0.45
WACC9.91%
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.
With a Current ratio value of 2.39, SSRM perfoms like the industry average, outperforming 52.56% of the companies in the same industry.
A Quick Ratio of 1.20 indicates that SSRM should not have too much problems paying its short term obligations.
SSRM has a Quick ratio (1.20) which is comparable to the rest of the industry.
| 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.
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.
The Revenue has been growing by 10.41% on average over the past years. This is quite good.
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 104.86% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 24.45% 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 Year57.94%
Revenue Next 2Y35.72%
Revenue Next 3Y24.45%
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.
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
With a Price/Earnings ratio of 21.45, SSRM is valued on the expensive side.
Based on the Price/Earnings ratio, SSRM is valued a bit cheaper than 78.21% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.90. SSRM is valued slightly cheaper when compared to this.
Based on the Price/Forward Earnings ratio of 9.00, the valuation of SSRM can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of SSRM indicates a rather cheap valuation: SSRM is cheaper than 84.62% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of SSRM to the average of the S&P500 Index (22.52), we can say SSRM is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.45 | ||
| Fwd PE | 9 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SSRM is valued a bit cheaper than the industry average as 75.64% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of SSRM indicates a somewhat cheap valuation: SSRM is cheaper than 77.56% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.29 | ||
| EV/EBITDA | 9.22 |
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.
SSRM has a very decent profitability rating, which 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)0.06
PEG (5Y)N/A
EPS Next 2Y181.32%
EPS Next 3Y104.86%
5. Dividend
5.1 Amount
SSRM has a Yearly Dividend Yield of 2.47%.
Compared to an average industry Dividend Yield of 2.67, SSRM pays a better dividend. On top of this SSRM pays more dividend than 89.10% of the companies listed in the same industry.
SSRM's Dividend Yield is comparable with the S&P500 average which is at 2.32.
| 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%
19.95
+0.64 (+3.31%)
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-2.69%
Market Cap4.05B
Analysts73.85
Price Target15.8 (-20.8%)
Short Float %4.79%
Short Ratio3.3
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)16.59%
PT rev (3m)34.29%
EPS NQ rev (1m)-24.52%
EPS NQ rev (3m)-11.36%
EPS NY rev (1m)21.7%
EPS NY rev (3m)20.89%
Revenue NQ rev (1m)5.55%
Revenue NQ rev (3m)9.31%
Revenue NY rev (1m)6.16%
Revenue NY rev (3m)11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.45 | ||
| Fwd PE | 9 | ||
| P/S | 3.11 | ||
| P/FCF | 25.29 | ||
| P/OCF | 12.03 | ||
| P/B | 1.24 | ||
| P/tB | 1.24 | ||
| EV/EBITDA | 9.22 |
EPS(TTM)0.93
EY4.66%
EPS(NY)2.22
Fwd EY11.11%
FCF(TTM)0.79
FCFY3.95%
OCF(TTM)1.66
OCFY8.31%
SpS6.42
BVpS16.08
TBVpS16.08
PEG (NY)0.06
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 | 1.55 |
F-Score5
WACC9.91%
ROIC/WACC0.45
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 Year57.94%
Revenue Next 2Y35.72%
Revenue Next 3Y24.45%
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%