SSR MINING INC (SSRM) Stock Fundamental Analysis
NASDAQ:SSRM - Nasdaq - CA7847301032 - Common Stock - Currency: USD
SSRM gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 154 industry peers in the Metals & Mining industry. SSRM has a medium profitability rating, but doesn't score so well on its financial health evaluation. 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.
In multiple years SSRM reported negative net income over the last 5 years.
Each year in the past 5 years SSRM had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 1.50%, SSRM is doing good in the industry, outperforming 63.64% of the companies in the same industry.
Looking at the Return On Equity, with a value of 2.67%, SSRM is in the better half of the industry, outperforming 63.64% of the companies in the same industry.
SSRM has a Return On Invested Capital (2.48%) which is in line with its industry peers.
The Average Return On Invested Capital over the past 3 years for SSRM is significantly below the industry average of 11.16%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.5% | ||
| ROE | 2.67% | ||
| ROIC | 2.48% |
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 7.82%, SSRM is doing good in the industry, outperforming 77.92% of the companies in the same industry.
SSRM's Operating Margin of 15.64% is fine compared to the rest of the industry. SSRM outperforms 71.43% of its industry peers.
SSRM's Operating Margin has declined in the last couple of years.
SSRM has a better Gross Margin (38.41%) than 79.87% of its industry peers.
SSRM's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.64% | ||
| PM (TTM) | 7.82% | ||
| GM | 38.41% |
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.
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.
SSRM has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.14, we must say that SSRM is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of SSRM (1.14) is worse than 72.73% of its industry peers.
SSRM has a Debt/Equity ratio of 0.10. This is a healthy value indicating a solid balance between debt and equity.
SSRM has a Debt to Equity ratio of 0.10. This is in the better half of the industry: SSRM outperforms 61.04% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.14 |
ROIC/WACC0.29
WACC8.5%
2.3 Liquidity
SSRM has a Current Ratio of 3.95. This indicates that SSRM is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 3.95, SSRM is in the better half of the industry, outperforming 76.62% of the companies in the same industry.
SSRM has a Quick Ratio of 1.85. 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 1.85. This is comparable to the rest of the industry: SSRM outperforms 57.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.95 | ||
| Quick Ratio | 1.85 |
3. Growth
3.1 Past
SSRM shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -64.89%.
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.
The Revenue for SSRM has decreased by -19.41% in the past year. This is quite bad
SSRM shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.41% yearly.
EPS 1Y (TTM)-64.89%
EPS 3Y-45.92%
EPS 5Y-19.34%
EPS Q2Q%163.64%
Revenue 1Y (TTM)-19.41%
Revenue growth 3Y-12.26%
Revenue growth 5Y10.41%
Sales Q2Q%37.52%
3.2 Future
SSRM is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 85.00% yearly.
The Revenue is expected to grow by 16.08% on average over the next years. This is quite good.
EPS Next Y291.35%
EPS Next 2Y166.04%
EPS Next 3Y85%
EPS Next 5YN/A
Revenue Next Year43.94%
Revenue Next 2Y30.81%
Revenue Next 3Y16.08%
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
A Price/Earnings ratio of 27.70 indicates a quite expensive valuation of SSRM.
66.88% of the companies in the same industry are more expensive than SSRM, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of SSRM to the average of the S&P500 Index (26.35), we can say SSRM is valued inline with the index average.
Based on the Price/Forward Earnings ratio of 6.43, the valuation of SSRM can be described as very cheap.
89.61% of the companies in the same industry are more expensive than SSRM, based on the Price/Forward Earnings ratio.
SSRM's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.19.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.7 | ||
| Fwd PE | 6.43 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SSRM is valued a bit cheaper than the industry average as 72.08% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 9.03 |
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.
A more expensive valuation may be justified as SSRM's earnings are expected to grow with 85.00% in the coming years.
PEG (NY)0.1
PEG (5Y)N/A
EPS Next 2Y166.04%
EPS Next 3Y85%
5. Dividend
5.1 Amount
SSRM has a Yearly Dividend Yield of 2.47%. Purely for dividend investing, there may be better candidates out there.
SSRM's Dividend Yield is rather good when compared to the industry average which is at 2.99. SSRM pays more dividend than 84.42% of the companies in the same industry.
SSRM's Dividend Yield is comparable with the S&P500 average which is at 2.40.
| 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 2Y166.04%
EPS Next 3Y85%
12.74
-0.33 (-2.52%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners71.36%
Inst Owner Change1.72%
Ins Owners0.63%
Ins Owner Change17.98%
Market Cap2.58B
Analysts76.67
Price Target12.36 (-2.98%)
Short Float %3.35%
Short Ratio2.55
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)1
Avg EPS beat(2)39.67%
Min EPS beat(2)-39.36%
Max EPS beat(2)118.7%
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
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)11.37%
Min Revenue beat(2)4.5%
Max Revenue beat(2)18.23%
Revenue beat(4)3
Avg Revenue beat(4)9.97%
Min Revenue beat(4)-4.1%
Max Revenue beat(4)21.26%
Revenue beat(8)4
Avg Revenue beat(8)0.23%
Revenue beat(12)5
Avg Revenue beat(12)-5.42%
Revenue beat(16)8
Avg Revenue beat(16)-2.77%
PT rev (1m)5.06%
PT rev (3m)17.83%
EPS NQ rev (1m)-2.25%
EPS NQ rev (3m)-14.71%
EPS NY rev (1m)0%
EPS NY rev (3m)0.27%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)1.16%
Revenue NY rev (3m)2.42%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.7 | ||
| Fwd PE | 6.43 | ||
| P/S | 2.39 | ||
| P/FCF | N/A | ||
| P/OCF | 25.76 | ||
| P/B | 0.82 | ||
| P/tB | 0.82 | ||
| EV/EBITDA | 9.03 |
EPS(TTM)0.46
EY3.61%
EPS(NY)1.98
Fwd EY15.56%
FCF(TTM)-0.27
FCFYN/A
OCF(TTM)0.49
OCFY3.88%
SpS5.34
BVpS15.62
TBVpS15.62
PEG (NY)0.1
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.5% | ||
| ROE | 2.67% | ||
| ROCE | 3.14% | ||
| ROIC | 2.48% | ||
| ROICexc | 2.65% | ||
| ROICexgc | 2.65% | ||
| OM | 15.64% | ||
| PM (TTM) | 7.82% | ||
| GM | 38.41% | ||
| FCFM | N/A |
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-Score6
Asset Turnover0.19
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 1.13 | ||
| Cap/Depr | 126.63% | ||
| Cap/Sales | 14.33% | ||
| Interest Coverage | 22.79 | ||
| Cash Conversion | 34.39% | ||
| Profit Quality | N/A | ||
| Current Ratio | 3.95 | ||
| Quick Ratio | 1.85 | ||
| Altman-Z | 1.14 |
F-Score6
WACC8.5%
ROIC/WACC0.29
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)-64.89%
EPS 3Y-45.92%
EPS 5Y-19.34%
EPS Q2Q%163.64%
EPS Next Y291.35%
EPS Next 2Y166.04%
EPS Next 3Y85%
EPS Next 5YN/A
Revenue 1Y (TTM)-19.41%
Revenue growth 3Y-12.26%
Revenue growth 5Y10.41%
Sales Q2Q%37.52%
Revenue Next Year43.94%
Revenue Next 2Y30.81%
Revenue Next 3Y16.08%
Revenue Next 5YN/A
EBIT growth 1Y-41.47%
EBIT growth 3Y-37.22%
EBIT growth 5Y-0.76%
EBIT Next Year178.41%
EBIT Next 3Y56.72%
EBIT Next 5YN/A
FCF growth 1Y9.58%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-1.37%
OCF growth 3Y-59.61%
OCF growth 5Y-21.45%