TRIPLE FLAG PRECIOUS MET (TFPM) Stock Fundamental Analysis
NYSE:TFPM - New York Stock Exchange, Inc. - CA89679M1041 - Common Stock - Currency: USD
TFPM gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 154 industry peers in the Metals & Mining industry. Both the health and profitability get an excellent rating, making TFPM a very profitable company, without any liquidiy or solvency issues. TFPM has a correct valuation and a medium growth rate. These ratings could make TFPM a good candidate for quality investing.
1. Profitability
1.1 Basic Checks
TFPM had positive earnings in the past year.
TFPM had a positive operating cash flow in the past year.
TFPM had positive earnings in 4 of the past 5 years.
Each year in the past 5 years TFPM had a positive operating cash flow.
1.2 Ratios
The Return On Assets of TFPM (0.28%) is comparable to the rest of the industry.
Looking at the Return On Equity, with a value of 0.28%, TFPM is in line with its industry, outperforming 57.79% of the companies in the same industry.
TFPM has a better Return On Invested Capital (5.04%) than 64.94% of its industry peers.
The Average Return On Invested Capital over the past 3 years for TFPM is significantly below the industry average of 11.67%.
The last Return On Invested Capital (5.04%) for TFPM is above the 3 year average (3.48%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.28% | ||
| ROE | 0.28% | ||
| ROIC | 5.04% |
ROA(3y)1.58%
ROA(5y)2.5%
ROE(3y)1.62%
ROE(5y)2.76%
ROIC(3y)3.48%
ROIC(5y)3.45%
1.3 Margins
With a decent Profit Margin value of 1.71%, TFPM is doing good in the industry, outperforming 65.58% of the companies in the same industry.
TFPM's Operating Margin of 38.45% is amongst the best of the industry. TFPM outperforms 92.21% of its industry peers.
In the last couple of years the Operating Margin of TFPM has grown nicely.
The Gross Margin of TFPM (58.52%) is better than 91.56% of its industry peers.
In the last couple of years the Gross Margin of TFPM has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 38.45% | ||
| PM (TTM) | 1.71% | ||
| GM | 58.52% |
OM growth 3Y-10.48%
OM growth 5Y34.37%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.4%
GM growth 5Y22.86%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), TFPM is destroying value.
Compared to 1 year ago, TFPM has about the same amount of shares outstanding.
The number of shares outstanding for TFPM has been increased compared to 5 years ago.
Compared to 1 year ago, TFPM has an improved debt to assets ratio.
2.2 Solvency
TFPM has an Altman-Z score of 88.27. This indicates that TFPM is financially healthy and has little risk of bankruptcy at the moment.
TFPM has a better Altman-Z score (88.27) than 95.45% of its industry peers.
The Debt to FCF ratio of TFPM is 0.01, which is an excellent value as it means it would take TFPM, only 0.01 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 0.01, TFPM belongs to the best of the industry, outperforming 96.75% of the companies in the same industry.
TFPM has a Debt/Equity ratio of 0.00. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of TFPM (0.00) is better than 83.77% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Altman-Z | 88.27 |
ROIC/WACC0.58
WACC8.77%
2.3 Liquidity
A Current Ratio of 2.32 indicates that TFPM has no problem at all paying its short term obligations.
The Current ratio of TFPM (2.32) is comparable to the rest of the industry.
TFPM has a Quick Ratio of 2.11. This indicates that TFPM is financially healthy and has no problem in meeting its short term obligations.
TFPM has a better Quick ratio (2.11) than 61.69% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.32 | ||
| Quick Ratio | 2.11 |
3. Growth
3.1 Past
TFPM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 69.23%, which is quite impressive.
The Revenue has grown by 39.01% in the past year. This is a very strong growth!
The Revenue has been growing by 35.38% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)69.23%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%66.67%
Revenue 1Y (TTM)39.01%
Revenue growth 3Y21.38%
Revenue growth 5Y35.38%
Sales Q2Q%42.97%
3.2 Future
The Earnings Per Share is expected to grow by 15.92% on average over the next years. This is quite good.
Based on estimates for the next years, TFPM will show a very negative growth in Revenue. The Revenue will decrease by -16.66% on average per year.
EPS Next Y32.68%
EPS Next 2Y17.87%
EPS Next 3Y15.23%
EPS Next 5Y15.92%
Revenue Next Year17.48%
Revenue Next 2Y8.85%
Revenue Next 3Y6.77%
Revenue Next 5Y-16.66%
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 35.82, which means the current valuation is very expensive for TFPM.
Compared to the rest of the industry, the Price/Earnings ratio of TFPM indicates a somewhat cheap valuation: TFPM is cheaper than 61.69% of the companies listed in the same industry.
TFPM's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 27.52.
A Price/Forward Earnings ratio of 29.34 indicates a quite expensive valuation of TFPM.
TFPM's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 35.58. TFPM is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.82 | ||
| Fwd PE | 29.34 |
4.2 Price Multiples
TFPM's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, TFPM is valued a bit cheaper than the industry average as 70.13% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 39.27 | ||
| EV/EBITDA | 24.6 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of TFPM may justify a higher PE ratio.
TFPM's earnings are expected to grow with 15.23% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.1
PEG (5Y)N/A
EPS Next 2Y17.87%
EPS Next 3Y15.23%
5. Dividend
5.1 Amount
With a yearly dividend of 1.00%, TFPM is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 2.90, TFPM pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.35, TFPM's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1% |
5.2 History
TFPM has been paying a dividend for over 5 years, so it has already some track record.
TFPM has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
873.09% of the earnings are spent on dividend by TFPM. This is not a sustainable payout ratio.
DP873.09%
EPS Next 2Y17.87%
EPS Next 3Y15.23%
23.64
+0.04 (+0.17%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners88.34%
Inst Owner Change0%
Ins Owners2.98%
Ins Owner ChangeN/A
Market Cap4.75B
Analysts80
Price Target26.43 (11.8%)
Short Float %0.51%
Short Ratio1.82
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1% |
Yearly Dividend0.22
Dividend Growth(5Y)N/A
DP873.09%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)5.67%
Min EPS beat(2)5.36%
Max EPS beat(2)5.99%
EPS beat(4)4
Avg EPS beat(4)6.88%
Min EPS beat(4)5.36%
Max EPS beat(4)9.24%
EPS beat(8)6
Avg EPS beat(8)4.21%
EPS beat(12)8
Avg EPS beat(12)-1.67%
EPS beat(16)11
Avg EPS beat(16)0.51%
Revenue beat(2)1
Avg Revenue beat(2)-0.29%
Min Revenue beat(2)-1.88%
Max Revenue beat(2)1.3%
Revenue beat(4)2
Avg Revenue beat(4)0.38%
Min Revenue beat(4)-1.88%
Max Revenue beat(4)2.84%
Revenue beat(8)5
Avg Revenue beat(8)0.49%
Revenue beat(12)6
Avg Revenue beat(12)-1.3%
Revenue beat(16)9
Avg Revenue beat(16)-0.74%
PT rev (1m)4.11%
PT rev (3m)26.23%
EPS NQ rev (1m)2.88%
EPS NQ rev (3m)21.12%
EPS NY rev (1m)0%
EPS NY rev (3m)8.64%
Revenue NQ rev (1m)5.19%
Revenue NQ rev (3m)17.23%
Revenue NY rev (1m)0%
Revenue NY rev (3m)6.26%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.82 | ||
| Fwd PE | 29.34 | ||
| P/S | 16.17 | ||
| P/FCF | 39.27 | ||
| P/OCF | 19.74 | ||
| P/B | 2.7 | ||
| P/tB | 2.7 | ||
| EV/EBITDA | 24.6 |
EPS(TTM)0.66
EY2.79%
EPS(NY)0.81
Fwd EY3.41%
FCF(TTM)0.6
FCFY2.55%
OCF(TTM)1.2
OCFY5.07%
SpS1.46
BVpS8.77
TBVpS8.77
PEG (NY)1.1
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.28% | ||
| ROE | 0.28% | ||
| ROCE | 6.38% | ||
| ROIC | 5.04% | ||
| ROICexc | 5.11% | ||
| ROICexgc | 5.11% | ||
| OM | 38.45% | ||
| PM (TTM) | 1.71% | ||
| GM | 58.52% | ||
| FCFM | 41.17% |
ROA(3y)1.58%
ROA(5y)2.5%
ROE(3y)1.62%
ROE(5y)2.76%
ROIC(3y)3.48%
ROIC(5y)3.45%
ROICexc(3y)3.61%
ROICexc(5y)3.58%
ROICexgc(3y)3.61%
ROICexgc(5y)3.58%
ROCE(3y)4.41%
ROCE(5y)4.37%
ROICexcg growth 3Y-2.16%
ROICexcg growth 5Y48.72%
ROICexc growth 3Y-2.16%
ROICexc growth 5Y48.72%
OM growth 3Y-10.48%
OM growth 5Y34.37%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.4%
GM growth 5Y22.86%
F-Score7
Asset Turnover0.16
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Debt/EBITDA | 0.01 | ||
| Cap/Depr | 151.88% | ||
| Cap/Sales | 40.71% | ||
| Interest Coverage | 25.43 | ||
| Cash Conversion | 125.48% | ||
| Profit Quality | 2412.09% | ||
| Current Ratio | 2.32 | ||
| Quick Ratio | 2.11 | ||
| Altman-Z | 88.27 |
F-Score7
WACC8.77%
ROIC/WACC0.58
Cap/Depr(3y)156.97%
Cap/Depr(5y)385.26%
Cap/Sales(3y)49.79%
Cap/Sales(5y)166.31%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)69.23%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%66.67%
EPS Next Y32.68%
EPS Next 2Y17.87%
EPS Next 3Y15.23%
EPS Next 5Y15.92%
Revenue 1Y (TTM)39.01%
Revenue growth 3Y21.38%
Revenue growth 5Y35.38%
Sales Q2Q%42.97%
Revenue Next Year17.48%
Revenue Next 2Y8.85%
Revenue Next 3Y6.77%
Revenue Next 5Y-16.66%
EBIT growth 1Y56.94%
EBIT growth 3Y8.66%
EBIT growth 5Y81.91%
EBIT Next Year89.59%
EBIT Next 3Y28.4%
EBIT Next 5Y18.07%
FCF growth 1Y307.59%
FCF growth 3Y31.41%
FCF growth 5YN/A
OCF growth 1Y83.73%
OCF growth 3Y21.17%
OCF growth 5Y39.99%