AGNICO EAGLE MINES LTD (AEM) Stock Fundamental Analysis
USA - NYSE:AEM - CA0084741085 - Common Stock
166.49 USD
+1.55 (+0.94%)
169.25 USD
+2.76 (+1.66%)
Taking everything into account, AEM scores 7 out of 10 in our fundamental rating. AEM was compared to 154 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 is not valued too expensively and it also shows a decent growth rate. These ratings could make AEM a good candidate for quality investing.
1. Profitability
1.1 Basic Checks
AEM had positive earnings in the past year.
In the past year AEM had a positive cash flow from operations.
Each year in the past 5 years AEM has been profitable.
In the past 5 years AEM always reported a positive cash flow from operatings.
1.2 Ratios
AEM has a Return On Assets of 10.55%. This is amongst the best in the industry. AEM outperforms 89.61% of its industry peers.
With an excellent Return On Equity value of 14.67%, AEM belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
The Return On Invested Capital of AEM (12.78%) is better than 88.96% of its industry peers.
The Average Return On Invested Capital over the past 3 years for AEM is significantly below the industry average of 12.85%.
The 3 year average ROIC (5.95%) for AEM is below the current ROIC(12.78%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.55% | ||
| ROE | 14.67% | ||
| ROIC | 12.78% |
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's Profit Margin of 32.62% is amongst the best of the industry. AEM outperforms 94.81% of its industry peers.
In the last couple of years the Profit Margin of AEM has grown nicely.
AEM has a better Operating Margin (49.49%) than 94.81% of its industry peers.
AEM's Operating Margin has improved in the last couple of years.
AEM has a better Gross Margin (70.29%) than 95.45% of its industry peers.
AEM's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 49.49% | ||
| PM (TTM) | 32.62% | ||
| GM | 70.29% |
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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), AEM is creating some value.
AEM has more shares outstanding than it did 1 year ago.
The number of shares outstanding for AEM has been increased compared to 5 years ago.
Compared to 1 year ago, AEM has an improved debt to assets ratio.
2.2 Solvency
AEM has an Altman-Z score of 7.13. This indicates that AEM is financially healthy and has little risk of bankruptcy at the moment.
AEM has a better Altman-Z score (7.13) than 74.03% of its industry peers.
The Debt to FCF ratio of AEM is 0.09, which is an excellent value as it means it would take AEM, only 0.09 years of fcf income to pay off all of its debts.
AEM's Debt to FCF ratio of 0.09 is amongst the best of the industry. AEM outperforms 95.45% of its industry peers.
AEM has a Debt/Equity ratio of 0.01. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of AEM (0.01) is better than 72.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.09 | ||
| Altman-Z | 7.13 |
ROIC/WACC1.48
WACC8.62%
2.3 Liquidity
A Current Ratio of 2.12 indicates that AEM has no problem at all paying its short term obligations.
AEM's Current ratio of 2.12 is in line compared to the rest of the industry. AEM outperforms 42.21% of its industry peers.
AEM has a Quick Ratio of 1.31. This is a normal value and indicates that AEM is financially healthy and should not expect problems in meeting its short term obligations.
AEM's Quick ratio of 1.31 is on the low side compared to the rest of the industry. AEM is outperformed by 60.39% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.12 | ||
| Quick Ratio | 1.31 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 94.63% over the past year.
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.
AEM shows a strong growth in Revenue. In the last year, the Revenue has grown by 35.16%.
Measured over the past years, AEM shows a very strong growth in Revenue. The Revenue has been growing by 27.13% on average per year.
EPS 1Y (TTM)94.63%
EPS 3Y20.13%
EPS 5Y33.97%
EPS Q2Q%89.47%
Revenue 1Y (TTM)35.16%
Revenue growth 3Y28.89%
Revenue growth 5Y27.13%
Sales Q2Q%41.93%
3.2 Future
Based on estimates for the next years, AEM will show a decrease in Earnings Per Share. The EPS will decrease by -3.28% on average per year.
AEM is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -3.66% yearly.
EPS Next Y82.87%
EPS Next 2Y49.83%
EPS Next 3Y28.66%
EPS Next 5Y-3.28%
Revenue Next Year37.3%
Revenue Next 2Y26.62%
Revenue Next 3Y16.64%
Revenue Next 5Y-3.66%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
With a Price/Earnings ratio of 24.16, AEM is valued on the expensive side.
72.08% of the companies in the same industry are more expensive than AEM, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of AEM to the average of the S&P500 Index (25.51), we can say AEM is valued inline with the index average.
The Price/Forward Earnings ratio is 17.53, which indicates a rather expensive current valuation of AEM.
Compared to the rest of the industry, the Price/Forward Earnings ratio of AEM is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of AEM to the average of the S&P500 Index (34.98), we can say AEM is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.16 | ||
| Fwd PE | 17.53 |
4.2 Price Multiples
AEM's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. AEM is cheaper than 65.58% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, AEM is valued a bit cheaper than the industry average as 78.57% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.14 | ||
| EV/EBITDA | 13.09 |
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.
AEM has an outstanding profitability rating, which may justify a higher PE ratio.
AEM's earnings are expected to grow with 28.66% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.29
PEG (5Y)0.71
EPS Next 2Y49.83%
EPS Next 3Y28.66%
5. Dividend
5.1 Amount
With a yearly dividend of 0.95%, AEM is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 2.63, AEM pays a bit more dividend than its industry peers.
With a Dividend Yield of 0.95, AEM pays less dividend than the S&P500 average, which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.95% |
5.2 History
The dividend of AEM is nicely growing with an annual growth rate of 24.77%!
AEM has been paying a dividend for at least 10 years, so it has a reliable track record.
AEM has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)24.77%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
AEM pays out 20.78% of its income as dividend. This is a sustainable payout ratio.
DP20.78%
EPS Next 2Y49.83%
EPS Next 3Y28.66%
166.49
+1.55 (+0.94%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners71.92%
Inst Owner Change1.01%
Ins Owners0.08%
Ins Owner ChangeN/A
Market Cap91.62B
Revenue(TTM)10.57B
Net Income(TTM)3.45B
Analysts83.75
Price Target166.27 (-0.13%)
Short Float %1%
Short Ratio1.82
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.95% |
Yearly Dividend1.34
Dividend Growth(5Y)24.77%
DP20.78%
Div Incr Years0
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)10.15%
Min EPS beat(2)6.19%
Max EPS beat(2)14.11%
EPS beat(4)4
Avg EPS beat(4)9.64%
Min EPS beat(4)5.95%
Max EPS beat(4)14.11%
EPS beat(8)8
Avg EPS beat(8)12.67%
EPS beat(12)10
Avg EPS beat(12)10.37%
EPS beat(16)13
Avg EPS beat(16)13.4%
Revenue beat(2)2
Avg Revenue beat(2)7.33%
Min Revenue beat(2)5.17%
Max Revenue beat(2)9.49%
Revenue beat(4)3
Avg Revenue beat(4)3.77%
Min Revenue beat(4)-1.08%
Max Revenue beat(4)9.49%
Revenue beat(8)7
Avg Revenue beat(8)4.13%
Revenue beat(12)8
Avg Revenue beat(12)2.32%
Revenue beat(16)10
Avg Revenue beat(16)2.15%
PT rev (1m)11.76%
PT rev (3m)9.13%
EPS NQ rev (1m)10.85%
EPS NQ rev (3m)14.39%
EPS NY rev (1m)4.57%
EPS NY rev (3m)45.91%
Revenue NQ rev (1m)-1.82%
Revenue NQ rev (3m)10.54%
Revenue NY rev (1m)2.66%
Revenue NY rev (3m)9.02%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.16 | ||
| Fwd PE | 17.53 | ||
| P/S | 8.67 | ||
| P/FCF | 25.14 | ||
| P/OCF | 15.69 | ||
| P/B | 3.9 | ||
| P/tB | 4.73 | ||
| EV/EBITDA | 13.09 |
EPS(TTM)6.89
EY4.14%
EPS(NY)9.5
Fwd EY5.7%
FCF(TTM)6.62
FCFY3.98%
OCF(TTM)10.61
OCFY6.37%
SpS19.2
BVpS42.72
TBVpS35.16
PEG (NY)0.29
PEG (5Y)0.71
Graham Number81.38
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.55% | ||
| ROE | 14.67% | ||
| ROCE | 17.1% | ||
| ROIC | 12.78% | ||
| ROICexc | 13.86% | ||
| ROICexgc | 16.25% | ||
| OM | 49.49% | ||
| PM (TTM) | 32.62% | ||
| GM | 70.29% | ||
| FCFM | 34.49% |
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%
ROICexgc growth 3Y3.23%
ROICexgc 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 Turnover0.32
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.09 | ||
| Debt/EBITDA | 0.04 | ||
| Cap/Depr | 136.02% | ||
| Cap/Sales | 20.75% | ||
| Interest Coverage | 71.52 | ||
| Cash Conversion | 85.32% | ||
| Profit Quality | 105.72% | ||
| Current Ratio | 2.12 | ||
| Quick Ratio | 1.31 | ||
| Altman-Z | 7.13 |
F-Score9
WACC8.62%
ROIC/WACC1.48
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)94.63%
EPS 3Y20.13%
EPS 5Y33.97%
EPS Q2Q%89.47%
EPS Next Y82.87%
EPS Next 2Y49.83%
EPS Next 3Y28.66%
EPS Next 5Y-3.28%
Revenue 1Y (TTM)35.16%
Revenue growth 3Y28.89%
Revenue growth 5Y27.13%
Sales Q2Q%41.93%
Revenue Next Year37.3%
Revenue Next 2Y26.62%
Revenue Next 3Y16.64%
Revenue Next 5Y-3.66%
EBIT growth 1Y94.51%
EBIT growth 3Y42.69%
EBIT growth 5Y46.52%
EBIT Next Year146.51%
EBIT Next 3Y34.7%
EBIT Next 5Y3.64%
FCF growth 1Y493.61%
FCF growth 3Y68.02%
FCF growth 5YN/A
OCF growth 1Y158.96%
OCF growth 3Y43.33%
OCF growth 5Y35.05%
AGNICO EAGLE MINES LTD / AEM FAQ
What is the fundamental rating for AEM stock?
ChartMill assigns a fundamental rating of 7 / 10 to AEM.
What is the valuation status for AEM stock?
ChartMill assigns a valuation rating of 6 / 10 to AGNICO EAGLE MINES LTD (AEM). This can be considered as Fairly Valued.
Can you provide the profitability details for AGNICO EAGLE MINES LTD?
AGNICO EAGLE MINES LTD (AEM) has a profitability rating of 9 / 10.
What is the valuation of AGNICO EAGLE MINES LTD based on its PE and PB ratios?
The Price/Earnings (PE) ratio for AGNICO EAGLE MINES LTD (AEM) is 24.16 and the Price/Book (PB) ratio is 3.9.
What is the expected EPS growth for AGNICO EAGLE MINES LTD (AEM) stock?
The Earnings per Share (EPS) of AGNICO EAGLE MINES LTD (AEM) is expected to grow by 82.87% in the next year.