TASEKO MINES LTD (TGB) Stock Fundamental Analysis
NYSEARCA:TGB - NYSE Arca - CA8765111064 - Common Stock - Currency: USD
TGB gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 157 industry peers in the Metals & Mining industry. Both the profitability and financial health of TGB have multiple concerns. 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
TGB's Return On Assets of -2.74% is in line compared to the rest of the industry. TGB outperforms 45.22% of its industry peers.
TGB has a worse Return On Equity (-11.99%) than 63.06% of its industry peers.
TGB has a Return On Invested Capital (3.57%) which is comparable to the rest of the industry.
TGB had an Average Return On Invested Capital over the past 3 years of 4.61%. This is significantly below the industry average of 11.70%.
| 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
The Operating Margin of TGB (15.00%) is better than 69.43% of its industry peers.
In the last couple of years the Operating Margin of TGB has declined.
The Gross Margin of TGB (19.44%) is comparable to the rest of the industry.
TGB's Gross Margin has declined in the last couple of years.
| 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
TGB has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for TGB has been increased compared to 1 year ago.
The number of shares outstanding for TGB has been increased compared to 5 years ago.
The debt/assets ratio for TGB has been reduced compared to a year ago.
2.2 Solvency
TGB has an Altman-Z score of 0.82. This is a bad value and indicates that TGB is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.82, TGB is doing worse than 78.98% of the companies in the same industry.
The Debt to FCF ratio of TGB is 4.65, which is a neutral value as it means it would take TGB, 4.65 years of fcf income to pay off all of its debts.
TGB has a better Debt to FCF ratio (4.65) than 68.79% of its industry peers.
A Debt/Equity ratio of 1.49 is on the high side and indicates that TGB has dependencies on debt financing.
The Debt to Equity ratio of TGB (1.49) is worse than 89.17% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.49 | ||
| Debt/FCF | 4.65 | ||
| Altman-Z | 0.82 |
ROIC/WACC0.35
WACC10.1%
2.3 Liquidity
A Current Ratio of 1.08 indicates that TGB should not have too much problems paying its short term obligations.
TGB's Current ratio of 1.08 is on the low side compared to the rest of the industry. TGB is outperformed by 83.44% of its industry peers.
A Quick Ratio of 0.60 indicates that TGB may have some problems paying its short term obligations.
TGB has a Quick ratio of 0.60. This is amonst the worse of the industry: TGB underperforms 86.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.08 | ||
| Quick Ratio | 0.6 |
3. Growth
3.1 Past
The earnings per share for TGB have decreased strongly by -12.50% in the last year.
The Earnings Per Share has been growing slightly by 3.78% on average over the past years.
Looking at the last year, TGB shows a small growth in Revenue. The Revenue has grown by 7.90% in the last year.
Measured over the past years, TGB shows a quite strong growth in Revenue. The Revenue has been growing by 13.06% on average per year.
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
Based on estimates for the next years, TGB will show a very strong growth in Earnings Per Share. The EPS will grow by 43.57% on average per year.
Based on estimates for the next years, TGB will show a quite strong growth in Revenue. The Revenue will grow by 17.21% on average per year.
EPS Next Y38.65%
EPS Next 2Y67.6%
EPS Next 3Y63.06%
EPS Next 5Y43.57%
Revenue Next Year19.58%
Revenue Next 2Y27.59%
Revenue Next 3Y25.51%
Revenue Next 5Y17.21%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 31.00 indicates a quite expensive valuation of TGB.
Compared to the rest of the industry, the Price/Earnings ratio of TGB indicates a somewhat cheap valuation: TGB is cheaper than 63.06% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 27.61. TGB is around the same levels.
Based on the Price/Forward Earnings ratio of 8.00, the valuation of TGB can be described as reasonable.
Based on the Price/Forward Earnings ratio, TGB is valued cheaper than 84.71% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of TGB to the average of the S&P500 Index (37.13), we can say TGB is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31 | ||
| Fwd PE | 8 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TGB is valued a bit cheaper than the industry average as 62.42% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, TGB is valued cheaper than 92.99% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.9 | ||
| EV/EBITDA | 12.41 |
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.
A more expensive valuation may be justified as TGB's earnings are expected to grow with 63.06% in the coming years.
PEG (NY)0.8
PEG (5Y)N/A
EPS Next 2Y67.6%
EPS Next 3Y63.06%
5. Dividend
5.1 Amount
TGB does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
3.1
-0.26 (-7.74%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners32.82%
Inst Owner Change0.24%
Ins Owners2.44%
Ins Owner ChangeN/A
Market Cap979.23M
Analysts81.82
Price Target3.69 (19.03%)
Short Float %3.59%
Short Ratio1.03
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)7.23%
PT rev (3m)10.87%
EPS NQ rev (1m)-360%
EPS NQ rev (3m)-218.18%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)-5.83%
Revenue NQ rev (3m)-6.59%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.31%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31 | ||
| Fwd PE | 8 | ||
| P/S | 2.25 | ||
| P/FCF | 7.9 | ||
| P/OCF | 5.89 | ||
| P/B | 2.65 | ||
| P/tB | 2.69 | ||
| EV/EBITDA | 12.41 |
EPS(TTM)0.1
EY3.23%
EPS(NY)0.39
Fwd EY12.5%
FCF(TTM)0.39
FCFY12.66%
OCF(TTM)0.53
OCFY16.97%
SpS1.38
BVpS1.17
TBVpS1.15
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 | 0.82 |
F-Score3
WACC10.1%
ROIC/WACC0.35
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 5Y43.57%
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 5Y17.21%
EBIT growth 1Y-26.98%
EBIT growth 3Y-11.61%
EBIT growth 5YN/A
EBIT Next Year152.27%
EBIT Next 3Y76.84%
EBIT Next 5Y45.3%
FCF growth 1Y300.13%
FCF growth 3Y20.05%
FCF growth 5YN/A
OCF growth 1Y298.14%
OCF growth 3Y9.99%
OCF growth 5Y40.43%