AGNICO EAGLE MINES LTD (AEM.CA) Stock Fundamental Analysis
Canada - TSX:AEM - CA0084741085 - Common Stock
212.24 CAD
-0.49 (-0.23%)
We assign a fundamental rating of 7 out of 10 to AEM. AEM was compared to 795 industry peers in the Metals & Mining industry. AEM gets an excellent profitability rating and is at the same time showing great financial health properties. AEM scores decently on growth, while it is valued quite cheap. This could make an interesting combination. These ratings would make AEM suitable for value and quality investing!
1. Profitability
1.1 Basic Checks
AEM had positive earnings in the past year.
AEM had a positive operating cash flow in the past year.
AEM had positive earnings in each of the past 5 years.
Each year in the past 5 years AEM had a positive operating cash flow.
1.2 Ratios
AEM has a better Return On Assets (9.34%) than 93.21% of its industry peers.
Looking at the Return On Equity, with a value of 13.13%, AEM belongs to the top of the industry, outperforming 93.21% of the companies in the same industry.
AEM's Return On Invested Capital of 11.16% is amongst the best of the industry. AEM outperforms 95.35% of its industry peers.
The Average Return On Invested Capital over the past 3 years for AEM is significantly below the industry average of 11.87%.
The last Return On Invested Capital (11.16%) for AEM is above the 3 year average (5.95%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.34% | ||
| ROE | 13.13% | ||
| ROIC | 11.16% |
ROA(3y)5.31%
ROA(5y)5.35%
ROE(3y)7.74%
ROE(5y)8.32%
ROIC(3y)5.95%
ROIC(5y)6.64%
1.3 Margins
AEM has a Profit Margin of 30.63%. This is amongst the best in the industry. AEM outperforms 96.73% of its industry peers.
In the last couple of years the Profit Margin of AEM has grown nicely.
The Operating Margin of AEM (46.34%) is better than 98.49% of its industry peers.
AEM's Operating Margin has improved in the last couple of years.
With an excellent Gross Margin value of 68.09%, AEM belongs to the best of the industry, outperforming 97.99% of the companies in the same industry.
In the last couple of years the Gross Margin of AEM has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 46.34% | ||
| PM (TTM) | 30.63% | ||
| GM | 68.09% |
OM growth 3Y10.7%
OM growth 5Y15.25%
PM growth 3Y16.36%
PM growth 5Y3.82%
GM growth 3Y4.57%
GM growth 5Y4.67%
2. Health
2.1 Basic Checks
AEM has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for AEM has been increased compared to 1 year ago.
AEM has more shares outstanding than it did 5 years ago.
AEM has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 6.05 indicates that AEM is not in any danger for bankruptcy at the moment.
AEM's Altman-Z score of 6.05 is fine compared to the rest of the industry. AEM outperforms 64.15% of its industry peers.
AEM has a debt to FCF ratio of 0.24. This is a very positive value and a sign of high solvency as it would only need 0.24 years to pay back of all of its debts.
AEM has a better Debt to FCF ratio (0.24) than 96.60% of its industry peers.
AEM has a Debt/Equity ratio of 0.03. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.03, AEM perfoms like the industry average, outperforming 42.14% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.24 | ||
| Altman-Z | 6.05 |
ROIC/WACC1.2
WACC9.31%
2.3 Liquidity
AEM has a Current Ratio of 2.03. This indicates that AEM is financially healthy and has no problem in meeting its short term obligations.
AEM has a Current ratio of 2.03. This is comparable to the rest of the industry: AEM outperforms 54.34% of its industry peers.
AEM has a Quick Ratio of 1.16. This is a normal value and indicates that AEM is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of AEM (1.16) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.03 | ||
| Quick Ratio | 1.16 |
3. Growth
3.1 Past
AEM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 106.69%, which is quite impressive.
Measured over the past years, AEM shows a very strong growth in Earnings Per Share. The EPS has been growing by 33.97% on average per year.
Looking at the last year, AEM shows a very strong growth in Revenue. The Revenue has grown by 32.28%.
The Revenue has been growing by 27.13% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)106.69%
EPS 3Y20.13%
EPS 5Y33.97%
EPS Q2Q%81.31%
Revenue 1Y (TTM)32.28%
Revenue growth 3Y28.89%
Revenue growth 5Y27.13%
Sales Q2Q%35.61%
3.2 Future
AEM is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -4.08% yearly.
AEM is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -3.66% yearly.
EPS Next Y73.23%
EPS Next 2Y34.74%
EPS Next 3Y16.7%
EPS Next 5Y-4.08%
Revenue Next Year32.84%
Revenue Next 2Y18.08%
Revenue Next 3Y8.83%
Revenue Next 5Y-3.66%
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.
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
A Price/Earnings ratio of 26.04 indicates a quite expensive valuation of AEM.
Compared to the rest of the industry, the Price/Earnings ratio of AEM indicates a rather cheap valuation: AEM is cheaper than 89.94% of the companies listed in the same industry.
AEM's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.30.
AEM is valuated rather expensively with a Price/Forward Earnings ratio of 19.91.
Compared to the rest of the industry, the Price/Forward Earnings ratio of AEM indicates a rather cheap valuation: AEM is cheaper than 88.81% of the companies listed in the same industry.
AEM is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 22.73, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.04 | ||
| Fwd PE | 19.91 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AEM is valued cheaply inside the industry as 92.33% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of AEM indicates a rather cheap valuation: AEM is cheaper than 94.21% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25 | ||
| EV/EBITDA | 12.58 |
4.3 Compensation for Growth
AEM's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The excellent profitability rating of AEM may justify a higher PE ratio.
AEM's earnings are expected to grow with 16.70% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.36
PEG (5Y)0.77
EPS Next 2Y34.74%
EPS Next 3Y16.7%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.09%, AEM has a reasonable but not impressive dividend return.
AEM's Dividend Yield is rather good when compared to the industry average which is at 15.26. AEM pays more dividend than 96.23% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.45, AEM's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.09% |
5.2 History
On average, the dividend of AEM grows each year by 24.77%, which is quite nice.
AEM has paid a dividend for at least 10 years, which is a reliable track record.
AEM has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)24.77%
Div Incr Years0
Div Non Decr Years11
5.3 Sustainability
AEM pays out 23.87% of its income as dividend. This is a sustainable payout ratio.
DP23.87%
EPS Next 2Y34.74%
EPS Next 3Y16.7%
TSX:AEM (9/12/2025, 7:00:00 PM)
212.24
-0.49 (-0.23%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners71.92%
Inst Owner ChangeN/A
Ins Owners0.08%
Ins Owner ChangeN/A
Market Cap106.62B
Analysts83.75
Price Target202.96 (-4.37%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.09% |
Yearly Dividend1.86
Dividend Growth(5Y)24.77%
DP23.87%
Div Incr Years0
Div Non Decr Years11
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)13.22%
Min EPS beat(2)12.33%
Max EPS beat(2)14.11%
EPS beat(4)4
Avg EPS beat(4)10.59%
Min EPS beat(4)5.95%
Max EPS beat(4)14.11%
EPS beat(8)7
Avg EPS beat(8)10.88%
EPS beat(12)10
Avg EPS beat(12)11.44%
EPS beat(16)13
Avg EPS beat(16)13.04%
Revenue beat(2)2
Avg Revenue beat(2)5.49%
Min Revenue beat(2)1.49%
Max Revenue beat(2)9.49%
Revenue beat(4)3
Avg Revenue beat(4)2.79%
Min Revenue beat(4)-1.08%
Max Revenue beat(4)9.49%
Revenue beat(8)6
Avg Revenue beat(8)3.24%
Revenue beat(12)7
Avg Revenue beat(12)1.84%
Revenue beat(16)10
Avg Revenue beat(16)2%
PT rev (1m)4.27%
PT rev (3m)11.39%
EPS NQ rev (1m)4.28%
EPS NQ rev (3m)36.61%
EPS NY rev (1m)38.22%
EPS NY rev (3m)38.22%
Revenue NQ rev (1m)-0.1%
Revenue NQ rev (3m)9.28%
Revenue NY rev (1m)5.48%
Revenue NY rev (3m)8.86%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.04 | ||
| Fwd PE | 19.91 | ||
| P/S | 7.95 | ||
| P/FCF | 25 | ||
| P/OCF | 15.04 | ||
| P/B | 3.41 | ||
| P/tB | 4.18 | ||
| EV/EBITDA | 12.58 |
EPS(TTM)8.15
EY3.84%
EPS(NY)10.66
Fwd EY5.02%
FCF(TTM)8.49
FCFY4%
OCF(TTM)14.11
OCFY6.65%
SpS26.71
BVpS62.3
TBVpS50.81
PEG (NY)0.36
PEG (5Y)0.77
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.34% | ||
| ROE | 13.13% | ||
| ROCE | 14.94% | ||
| ROIC | 11.16% | ||
| ROICexc | 11.78% | ||
| ROICexgc | 13.8% | ||
| OM | 46.34% | ||
| PM (TTM) | 30.63% | ||
| GM | 68.09% | ||
| FCFM | 31.79% |
ROA(3y)5.31%
ROA(5y)5.35%
ROE(3y)7.74%
ROE(5y)8.32%
ROIC(3y)5.95%
ROIC(5y)6.64%
ROICexc(3y)6.12%
ROICexc(5y)6.83%
ROICexgc(3y)7.08%
ROICexgc(5y)7.56%
ROCE(3y)7.96%
ROCE(5y)8.88%
ROICexcg growth 3Y3.23%
ROICexcg growth 5Y15.99%
ROICexc growth 3Y-0.77%
ROICexc growth 5Y13.49%
OM growth 3Y10.7%
OM growth 5Y15.25%
PM growth 3Y16.36%
PM growth 5Y3.82%
GM growth 3Y4.57%
GM growth 5Y4.67%
F-Score9
Asset Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.24 | ||
| Debt/EBITDA | 0.11 | ||
| Cap/Depr | 129.4% | ||
| Cap/Sales | 21.05% | ||
| Interest Coverage | 48.56 | ||
| Cash Conversion | 84.4% | ||
| Profit Quality | 103.78% | ||
| Current Ratio | 2.03 | ||
| Quick Ratio | 1.16 | ||
| Altman-Z | 6.05 |
F-Score9
WACC9.31%
ROIC/WACC1.2
Cap/Depr(3y)124.43%
Cap/Depr(5y)123.02%
Cap/Sales(3y)24.69%
Cap/Sales(5y)24.29%
Profit Quality(3y)81.25%
Profit Quality(5y)81.62%
High Growth Momentum
Growth
EPS 1Y (TTM)106.69%
EPS 3Y20.13%
EPS 5Y33.97%
EPS Q2Q%81.31%
EPS Next Y73.23%
EPS Next 2Y34.74%
EPS Next 3Y16.7%
EPS Next 5Y-4.08%
Revenue 1Y (TTM)32.28%
Revenue growth 3Y28.89%
Revenue growth 5Y27.13%
Sales Q2Q%35.61%
Revenue Next Year32.84%
Revenue Next 2Y18.08%
Revenue Next 3Y8.83%
Revenue Next 5Y-3.66%
EBIT growth 1Y104.39%
EBIT growth 3Y42.69%
EBIT growth 5Y46.52%
EBIT Next Year107.37%
EBIT Next 3Y24.69%
EBIT Next 5Y8.03%
FCF growth 1Y350.06%
FCF growth 3Y68.02%
FCF growth 5YN/A
OCF growth 1Y119.38%
OCF growth 3Y43.33%
OCF growth 5Y35.05%