Yamana Gold Inc (YRI.CA) Stock Fundamental Analysis
TSX:YRI - CA98462Y1007 - Common Stock
7.89 CAD
+0.01 (+0.13%)
YRI gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 803 industry peers in the Metals & Mining industry. YRI has a medium profitability rating, but doesn't score so well on its financial health evaluation. YRI has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year YRI was profitable.
In the past year YRI had a positive cash flow from operations.
In multiple years YRI reported negative net income over the last 5 years.
In the past 5 years YRI always reported a positive cash flow from operatings.
1.2 Ratios
The profitability ratios for YRI are negative, so there is not much use analyzing them.
The Return On Invested Capital of YRI (3.91%) is better than 91.94% of its industry peers.
The Average Return On Invested Capital over the past 3 years for YRI is significantly below the industry average of 11.82%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | N/A | ||
| ROE | N/A | ||
| ROIC | 3.91% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)4.7%
ROIC(5y)N/A
1.3 Margins
YRI has a better Operating Margin (17.93%) than 94.01% of its industry peers.
YRI's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 56.94%, YRI belongs to the top of the industry, outperforming 98.04% of the companies in the same industry.
YRI's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.93% | ||
| PM (TTM) | N/A | ||
| GM | 56.94% |
OM growth 3Y5.08%
OM growth 5Y11.32%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.44%
GM growth 5Y6.17%
2. Health
2.1 Basic Checks
YRI has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
YRI has about the same amout of shares outstanding than it did 1 year ago.
YRI has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.61, we must say that YRI is in the distress zone and has some risk of bankruptcy.
YRI has a Altman-Z score of 0.61. This is comparable to the rest of the industry: YRI outperforms 42.74% of its industry peers.
YRI has a debt to FCF ratio of 36.55. This is a negative value and a sign of low solvency as YRI would need 36.55 years to pay back of all of its debts.
YRI has a better Debt to FCF ratio (36.55) than 90.90% of its industry peers.
A Debt/Equity ratio of 0.25 indicates that YRI is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.25, YRI is doing worse than 75.81% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.25 | ||
| Debt/FCF | 36.55 | ||
| Altman-Z | 0.61 |
ROIC/WACC0.36
WACC10.93%
2.3 Liquidity
A Current Ratio of 1.44 indicates that YRI should not have too much problems paying its short term obligations.
With a Current ratio value of 1.44, YRI is not doing good in the industry: 60.25% of the companies in the same industry are doing better.
A Quick Ratio of 1.00 indicates that YRI should not have too much problems paying its short term obligations.
YRI has a worse Quick ratio (1.00) than 64.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.44 | ||
| Quick Ratio | 1 |
3. Growth
3.1 Past
The earnings per share for YRI have decreased by -3.23% in the last year.
Measured over the past years, YRI shows a very strong growth in Earnings Per Share. The EPS has been growing by 37.97% on average per year.
YRI shows a decrease in Revenue. In the last year, the revenue decreased by -0.45%.
YRI shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 0.04% yearly.
EPS 1Y (TTM)-3.23%
EPS 3Y44.23%
EPS 5Y37.97%
EPS Q2Q%-30%
Revenue 1Y (TTM)-0.45%
Revenue growth 3Y3.88%
Revenue growth 5Y0.04%
Sales Q2Q%-9.23%
3.2 Future
YRI is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -44.78% yearly.
Based on estimates for the next years, YRI will show a decrease in Revenue. The Revenue will decrease by -3.15% on average per year.
EPS Next Y-9.36%
EPS Next 2Y-5.84%
EPS Next 3Y-44.78%
EPS Next 5YN/A
Revenue Next Year-0.27%
Revenue Next 2Y-0.71%
Revenue Next 3Y-3.15%
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 decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 19.72, YRI is valued on the expensive side.
Based on the Price/Earnings ratio, YRI is valued cheaply inside the industry as 91.59% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of YRI to the average of the S&P500 Index (27.06), we can say YRI is valued slightly cheaper.
YRI is valuated rather expensively with a Price/Forward Earnings ratio of 21.79.
Based on the Price/Forward Earnings ratio, YRI is valued cheaply inside the industry as 92.05% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.69, YRI is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.72 | ||
| Fwd PE | 21.79 |
4.2 Price Multiples
YRI's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. YRI is cheaper than 92.28% of the companies in the same industry.
91.13% of the companies in the same industry are more expensive than YRI, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 244.66 | ||
| EV/EBITDA | 7.78 |
4.3 Compensation for Growth
A cheap valuation may be justified as YRI's earnings are expected to decrease with -44.78% in the coming years.
PEG (NY)N/A
PEG (5Y)0.52
EPS Next 2Y-5.84%
EPS Next 3Y-44.78%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.26%, YRI has a reasonable but not impressive dividend return.
YRI's Dividend Yield is rather good when compared to the industry average which is at 15.99. YRI pays more dividend than 94.24% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.32, YRI's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.26% |
5.2 History
YRI has been paying a dividend for over 5 years, so it has already some track record.
YRI has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)N/A
Div Incr Years4
Div Non Decr Years6
5.3 Sustainability
YRI has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-11.67%
EPS Next 2Y-5.84%
EPS Next 3Y-44.78%
TSX:YRI (4/3/2023, 7:00:00 PM)
7.89
+0.01 (+0.13%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners49.02%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap7.59B
Analysts73.33
Price Target8.77 (11.15%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.26% |
Yearly Dividend0.3
Dividend Growth(5Y)N/A
DP-11.67%
Div Incr Years4
Div Non Decr Years6
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)19.14%
Min EPS beat(2)16.48%
Max EPS beat(2)21.8%
EPS beat(4)4
Avg EPS beat(4)24.88%
Min EPS beat(4)16.48%
Max EPS beat(4)36.78%
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)-2.48%
Min Revenue beat(2)-2.82%
Max Revenue beat(2)-2.13%
Revenue beat(4)1
Avg Revenue beat(4)-1.46%
Min Revenue beat(4)-4.44%
Max Revenue beat(4)3.55%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)41.29%
EPS NQ rev (1m)0%
EPS NQ rev (3m)15.63%
EPS NY rev (1m)0%
EPS NY rev (3m)18.6%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.12%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.72 | ||
| Fwd PE | 21.79 | ||
| P/S | 3.15 | ||
| P/FCF | 244.66 | ||
| P/OCF | 10.79 | ||
| P/B | 1.74 | ||
| P/tB | 1.97 | ||
| EV/EBITDA | 7.78 |
EPS(TTM)0.4
EY5.07%
EPS(NY)0.36
Fwd EY4.59%
FCF(TTM)0.03
FCFY0.41%
OCF(TTM)0.73
OCFY9.26%
SpS2.5
BVpS4.54
TBVpS4
PEG (NY)N/A
PEG (5Y)0.52
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | N/A | ||
| ROE | N/A | ||
| ROCE | N/A | ||
| ROIC | 3.91% | ||
| ROICexc | 4.18% | ||
| ROICexgc | 4.49% | ||
| OM | 17.93% | ||
| PM (TTM) | N/A | ||
| GM | 56.94% | ||
| FCFM | N/A |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)4.7%
ROIC(5y)N/A
ROICexc(3y)4.43%
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3Y15.46%
ROICexcg growth 5Y19.42%
ROICexc growth 3Y15.08%
ROICexc growth 5Y19.12%
OM growth 3Y5.08%
OM growth 5Y11.32%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.44%
GM growth 5Y6.17%
F-Score3
Asset Turnover0.28
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.25 | ||
| Debt/FCF | 36.55 | ||
| Debt/EBITDA | 1.08 | ||
| Cap/Depr | 108.14% | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.44 | ||
| Quick Ratio | 1 | ||
| Altman-Z | 0.61 |
F-Score3
WACC10.93%
ROIC/WACC0.36
Cap/Depr(3y)87.77%
Cap/Depr(5y)87.12%
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-3.23%
EPS 3Y44.23%
EPS 5Y37.97%
EPS Q2Q%-30%
EPS Next Y-9.36%
EPS Next 2Y-5.84%
EPS Next 3Y-44.78%
EPS Next 5YN/A
Revenue 1Y (TTM)-0.45%
Revenue growth 3Y3.88%
Revenue growth 5Y0.04%
Sales Q2Q%-9.23%
Revenue Next Year-0.27%
Revenue Next 2Y-0.71%
Revenue Next 3Y-3.15%
Revenue Next 5YN/A
EBIT growth 1Y-37.38%
EBIT growth 3Y9.16%
EBIT growth 5Y11.36%
EBIT Next Year131.94%
EBIT Next 3Y19.93%
EBIT Next 5YN/A
FCF growth 1Y-93.49%
FCF growth 3Y-50.33%
FCF growth 5YN/A
OCF growth 1Y-28.86%
OCF growth 3Y0.4%
OCF growth 5Y2.03%