TASEKO MINES LTD (TGB) Stock Fundamental Analysis
NYSEARCA:TGB - NYSE Arca - CA8765111064 - Common Stock - Currency: USD
Taking everything into account, TGB scores 4 out of 10 in our fundamental rating. TGB was compared to 155 industry peers in the Metals & Mining industry. TGB may be in some trouble as it scores bad on both profitability and health. A decent growth rate in combination with a cheap valuation! Better keep an eye on TGB.
1. Profitability
1.1 Basic Checks
TGB had positive earnings in the past year.
In the past year TGB had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: TGB reported negative net income in multiple years.
Each year in the past 5 years TGB had a positive operating cash flow.
1.2 Ratios
The Return On Assets of TGB (-2.74%) is comparable to the rest of the industry.
Looking at the Return On Equity, with a value of -11.99%, TGB is doing worse than 65.16% of the companies in the same industry.
TGB has a Return On Invested Capital of 3.57%. This is comparable to the rest of the industry: TGB outperforms 59.35% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for TGB is significantly below the industry average of 11.10%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.74% | ||
| ROE | -11.99% | ||
| ROIC | 3.57% |
ROA(3y)0.88%
ROA(5y)0.63%
ROE(3y)3.03%
ROE(5y)2.37%
ROIC(3y)4.61%
ROIC(5y)4.94%
1.3 Margins
TGB has a Operating Margin of 15.00%. This is in the better half of the industry: TGB outperforms 69.68% of its industry peers.
In the last couple of years the Operating Margin of TGB has declined.
TGB has a Gross Margin of 19.44%. This is comparable to the rest of the industry: TGB outperforms 56.13% of its industry peers.
In the last couple of years the Gross Margin of TGB has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15% | ||
| PM (TTM) | N/A | ||
| GM | 19.44% |
OM growth 3Y-21.05%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-18.43%
GM growth 5YN/A
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so TGB is destroying value.
Compared to 1 year ago, TGB has more shares outstanding
TGB has more shares outstanding than it did 5 years ago.
The debt/assets ratio for TGB has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.77, we must say that TGB is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.77, TGB is doing worse than 80.00% of the companies in the same industry.
TGB has a debt to FCF ratio of 4.65. This is a neutral value as TGB would need 4.65 years to pay back of all of its debts.
TGB has a Debt to FCF ratio of 4.65. This is in the better half of the industry: TGB outperforms 68.39% of its industry peers.
TGB has a Debt/Equity ratio of 1.49. This is a high value indicating a heavy dependency on external financing.
TGB has a worse Debt to Equity ratio (1.49) than 90.32% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.49 | ||
| Debt/FCF | 4.65 | ||
| Altman-Z | 0.77 |
ROIC/WACC0.37
WACC9.78%
2.3 Liquidity
TGB has a Current Ratio of 1.08. This is a normal value and indicates that TGB is financially healthy and should not expect problems in meeting its short term obligations.
TGB has a Current ratio of 1.08. This is amonst the worse of the industry: TGB underperforms 83.87% of its industry peers.
TGB has a Quick Ratio of 1.08. This is a bad value and indicates that TGB is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of TGB (0.60) is worse than 87.10% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.08 | ||
| Quick Ratio | 0.6 |
3. Growth
3.1 Past
TGB shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -12.50%.
The Earnings Per Share has been growing slightly by 3.78% on average over the past years.
The Revenue has been growing slightly by 7.90% in the past year.
The Revenue has been growing by 13.06% on average over the past years. This is quite good.
EPS 1Y (TTM)-12.5%
EPS 3Y3.78%
EPS 5YN/A
EPS Q2Q%-166.67%
Revenue 1Y (TTM)7.9%
Revenue growth 3Y11.96%
Revenue growth 5Y13.06%
Sales Q2Q%-5.31%
3.2 Future
TGB is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 43.58% yearly.
The Revenue is expected to grow by 17.23% on average over the next years. This is quite good.
EPS Next Y38.65%
EPS Next 2Y67.6%
EPS Next 3Y63.06%
EPS Next 5Y43.58%
Revenue Next Year19.58%
Revenue Next 2Y27.59%
Revenue Next 3Y25.51%
Revenue Next 5Y17.23%
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
Based on the Price/Earnings ratio of 31.00, the valuation of TGB can be described as expensive.
Based on the Price/Earnings ratio, TGB is valued a bit cheaper than the industry average as 64.52% of the companies are valued more expensively.
TGB's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.53.
The Price/Forward Earnings ratio is 7.96, which indicates a rather cheap valuation of TGB.
Based on the Price/Forward Earnings ratio, TGB is valued cheaper than 85.16% of the companies in the same industry.
TGB is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.27, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31 | ||
| Fwd PE | 7.96 |
4.2 Price Multiples
TGB's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. TGB is cheaper than 62.58% of the companies in the same industry.
92.90% of the companies in the same industry are more expensive than TGB, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.86 | ||
| EV/EBITDA | 11.61 |
4.3 Compensation for Growth
TGB's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
TGB's earnings are expected to grow with 63.06% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.8
PEG (5Y)N/A
EPS Next 2Y67.6%
EPS Next 3Y63.06%
5. Dividend
5.1 Amount
No dividends for TGB!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
3.1
+0.04 (+1.31%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners28.61%
Inst Owner Change14.96%
Ins Owners2.7%
Ins Owner ChangeN/A
Market Cap979.23M
Analysts81.82
Price Target3.29 (6.13%)
Short Float %2.31%
Short Ratio0.54
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
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)0
Avg Revenue beat(2)-3.08%
Min Revenue beat(2)-3.82%
Max Revenue beat(2)-2.34%
Revenue beat(4)1
Avg Revenue beat(4)-0.8%
Min Revenue beat(4)-3.82%
Max Revenue beat(4)5.11%
Revenue beat(8)3
Avg Revenue beat(8)-0.15%
Revenue beat(12)4
Avg Revenue beat(12)-1.54%
Revenue beat(16)4
Avg Revenue beat(16)-2.7%
PT rev (1m)-0.92%
PT rev (3m)5.81%
EPS NQ rev (1m)-54.55%
EPS NQ rev (3m)-58.33%
EPS NY rev (1m)0%
EPS NY rev (3m)-9.16%
Revenue NQ rev (1m)-0.81%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.31%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31 | ||
| Fwd PE | 7.96 | ||
| P/S | 2.23 | ||
| P/FCF | 7.86 | ||
| P/OCF | 5.86 | ||
| P/B | 2.64 | ||
| P/tB | 2.67 | ||
| EV/EBITDA | 11.61 |
EPS(TTM)0.1
EY3.23%
EPS(NY)0.39
Fwd EY12.57%
FCF(TTM)0.39
FCFY12.73%
OCF(TTM)0.53
OCFY17.07%
SpS1.39
BVpS1.17
TBVpS1.16
PEG (NY)0.8
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.74% | ||
| ROE | -11.99% | ||
| ROCE | 4.53% | ||
| ROIC | 3.57% | ||
| ROICexc | 3.81% | ||
| ROICexgc | 3.82% | ||
| OM | 15% | ||
| PM (TTM) | N/A | ||
| GM | 19.44% | ||
| FCFM | 28.44% |
ROA(3y)0.88%
ROA(5y)0.63%
ROE(3y)3.03%
ROE(5y)2.37%
ROIC(3y)4.61%
ROIC(5y)4.94%
ROICexc(3y)5.02%
ROICexc(5y)5.79%
ROICexgc(3y)5.04%
ROICexgc(5y)5.82%
ROCE(3y)5.83%
ROCE(5y)6.25%
ROICexcg growth 3Y-31.69%
ROICexcg growth 5YN/A
ROICexc growth 3Y-31.63%
ROICexc growth 5YN/A
OM growth 3Y-21.05%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-18.43%
GM growth 5YN/A
F-Score3
Asset Turnover0.27
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.49 | ||
| Debt/FCF | 4.65 | ||
| Debt/EBITDA | 4.41 | ||
| Cap/Depr | 71.24% | ||
| Cap/Sales | 9.7% | ||
| Interest Coverage | 1.81 | ||
| Cash Conversion | 133.27% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.08 | ||
| Quick Ratio | 0.6 | ||
| Altman-Z | 0.77 |
F-Score3
WACC9.78%
ROIC/WACC0.37
Cap/Depr(3y)155.58%
Cap/Depr(5y)128.33%
Cap/Sales(3y)19.52%
Cap/Sales(5y)18.79%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-12.5%
EPS 3Y3.78%
EPS 5YN/A
EPS Q2Q%-166.67%
EPS Next Y38.65%
EPS Next 2Y67.6%
EPS Next 3Y63.06%
EPS Next 5Y43.58%
Revenue 1Y (TTM)7.9%
Revenue growth 3Y11.96%
Revenue growth 5Y13.06%
Sales Q2Q%-5.31%
Revenue Next Year19.58%
Revenue Next 2Y27.59%
Revenue Next 3Y25.51%
Revenue Next 5Y17.23%
EBIT growth 1Y-26.98%
EBIT growth 3Y-11.61%
EBIT growth 5YN/A
EBIT Next Year152.27%
EBIT Next 3Y76.84%
EBIT Next 5Y45.31%
FCF growth 1Y300.13%
FCF growth 3Y20.05%
FCF growth 5YN/A
OCF growth 1Y298.14%
OCF growth 3Y9.99%
OCF growth 5Y40.43%