SSR MINING INC (SSRM) Stock Fundamental Analysis
USA - NASDAQ:SSRM - CA7847301032 - Common Stock
22.45 USD
+0.32 (+1.45%)
22.43 USD
-0.02 (-0.09%)
Overall SSRM gets a fundamental rating of 5 out of 10. We evaluated SSRM against 155 industry peers in the Metals & Mining industry. Both the profitability and the financial health of SSRM get a neutral evaluation. Nothing too spectacular is happening here. SSRM scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
1. Profitability
1.1 Basic Checks
In the past year SSRM was profitable.
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 has a Return On Assets of 2.85%. This is in the better half of the industry: SSRM outperforms 68.39% of its industry peers.
SSRM has a Return On Equity of 5.06%. This is in the better half of the industry: SSRM outperforms 68.39% of its industry peers.
SSRM has a Return On Invested Capital of 4.48%. This is in the better half of the industry: SSRM outperforms 61.94% of its industry peers.
SSRM had an Average Return On Invested Capital over the past 3 years of 3.38%. This is significantly below the industry average of 12.30%.
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's Profit Margin of 12.66% is fine compared to the rest of the industry. SSRM outperforms 77.42% of its industry peers.
SSRM's Operating Margin of 23.13% is fine compared to the rest of the industry. SSRM outperforms 75.48% of its industry peers.
In the last couple of years the Operating Margin of SSRM has declined.
SSRM has a better Gross Margin (43.19%) than 81.29% 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.
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
Based on the Altman-Z score of 1.66, we must say that SSRM is in the distress zone and 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 74.19% of its industry peers.
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 has a better Debt to FCF ratio (2.22) than 79.35% of its industry peers.
A Debt/Equity ratio of 0.03 indicates that SSRM is not too dependend on debt financing.
The Debt to Equity ratio of SSRM (0.03) is better than 68.39% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 2.22 | ||
| Altman-Z | 1.66 |
ROIC/WACC0.51
WACC8.72%
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 comparable to the rest of the 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 of 1.20. This is in the lower half of the industry: SSRM underperforms 60.00% 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.
Measured over the past years, SSRM shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -19.34% on average per year.
Looking at the last year, SSRM shows a small growth in Revenue. The Revenue has grown by 6.22% in the last 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
SSRM is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 113.94% yearly.
Based on estimates for the next years, SSRM will show a very strong growth in Revenue. The Revenue will grow by 26.02% on average per year.
EPS Next Y445.91%
EPS Next 2Y193.92%
EPS Next 3Y113.94%
EPS Next 5YN/A
Revenue Next Year59.79%
Revenue Next 2Y37.11%
Revenue Next 3Y26.02%
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
The Price/Earnings ratio is 24.14, which indicates a rather expensive current valuation of SSRM.
Based on the Price/Earnings ratio, SSRM is valued a bit cheaper than 74.84% of the companies in the same industry.
SSRM's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.57.
With a Price/Forward Earnings ratio of 9.28, the valuation of SSRM can be described as very reasonable.
Based on the Price/Forward Earnings ratio, SSRM is valued cheaper than 87.74% of the companies in the same industry.
SSRM is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.09, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.14 | ||
| Fwd PE | 9.28 |
4.2 Price Multiples
SSRM's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. SSRM is cheaper than 74.84% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, SSRM is valued a bit cheaper than 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 28.45 | ||
| EV/EBITDA | 10.25 |
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.
SSRM has a very decent profitability rating, which may justify a higher PE ratio.
SSRM's earnings are expected to grow with 113.94% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.05
PEG (5Y)N/A
EPS Next 2Y193.92%
EPS Next 3Y113.94%
5. Dividend
5.1 Amount
SSRM has a Yearly Dividend Yield of 2.47%.
Compared to an average industry Dividend Yield of 2.41, SSRM pays a better dividend. On top of this SSRM pays more dividend than 90.32% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.32, SSRM has a dividend comparable with the average S&P500 company.
| 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 2Y193.92%
EPS Next 3Y113.94%
22.45
+0.32 (+1.45%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners73.23%
Inst Owner Change0.14%
Ins Owners0.63%
Ins Owner Change-2.39%
Market Cap4.55B
Revenue(TTM)1.30B
Net Income(TTM)164.97M
Analysts75.38
Price Target18.98 (-15.46%)
Short Float %5.47%
Short Ratio3.14
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)3.43%
EPS NY rev (1m)15.39%
EPS NY rev (3m)40.43%
Revenue NQ rev (1m)1.74%
Revenue NQ rev (3m)7.39%
Revenue NY rev (1m)0.45%
Revenue NY rev (3m)9.68%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.14 | ||
| Fwd PE | 9.28 | ||
| P/S | 3.49 | ||
| P/FCF | 28.45 | ||
| P/OCF | 13.54 | ||
| P/B | 1.4 | ||
| P/tB | 1.4 | ||
| EV/EBITDA | 10.25 |
EPS(TTM)0.93
EY4.14%
EPS(NY)2.42
Fwd EY10.77%
FCF(TTM)0.79
FCFY3.51%
OCF(TTM)1.66
OCFY7.39%
SpS6.42
BVpS16.08
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
WACC8.72%
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 Y445.91%
EPS Next 2Y193.92%
EPS Next 3Y113.94%
EPS Next 5YN/A
Revenue 1Y (TTM)6.22%
Revenue growth 3Y-12.26%
Revenue growth 5Y10.41%
Sales Q2Q%119.35%
Revenue Next Year59.79%
Revenue Next 2Y37.11%
Revenue Next 3Y26.02%
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%