AGNICO EAGLE MINES LTD (AEM) Stock Fundamental Analysis
USA - NYSE:AEM - CA0084741085 - Common Stock
159.68 USD
+3.77 (+2.42%)
158.074 USD
-1.61 (-1.01%)
Overall AEM gets a fundamental rating of 7 out of 10. We evaluated AEM against 154 industry peers in the Metals & Mining industry. Both the health and profitability get an excellent rating, making AEM a very profitable company, without any liquidiy or solvency issues. AEM may be a bit undervalued, certainly considering the very reasonable score on growth With these ratings, AEM could be worth investigating further 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.
In the past 5 years AEM has always been profitable.
Each year in the past 5 years AEM had a positive operating cash flow.
1.2 Ratios
AEM has a Return On Assets of 10.55%. This is amongst the best in the industry. AEM outperforms 90.26% of its industry peers.
Looking at the Return On Equity, with a value of 14.67%, AEM belongs to the top of the industry, outperforming 86.36% of the companies in the same industry.
AEM's Return On Invested Capital of 12.78% is amongst the best of the industry. AEM outperforms 90.26% of its industry peers.
AEM had an Average Return On Invested Capital over the past 3 years of 5.95%. This is significantly below the industry average of 12.58%.
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
The Profit Margin of AEM (32.62%) is better than 94.16% of its industry peers.
AEM's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 49.49%, AEM belongs to the top of the industry, outperforming 95.45% of the companies in the same industry.
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.
In the last couple of years the Gross Margin of AEM has grown nicely.
| 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so AEM is still creating some value.
AEM has more shares outstanding than it did 1 year ago.
AEM has more shares outstanding than it did 5 years ago.
The debt/assets ratio for AEM has been reduced compared to a year ago.
2.2 Solvency
AEM has an Altman-Z score of 6.75. This indicates that AEM is financially healthy and has little risk of bankruptcy at the moment.
AEM has a better Altman-Z score (6.75) than 75.32% 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 has a better Debt to FCF ratio (0.09) than 95.45% of its industry peers.
A Debt/Equity ratio of 0.01 indicates that AEM is not too dependend on debt financing.
The Debt to Equity ratio of AEM (0.01) is better than 74.03% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.09 | ||
| Altman-Z | 6.75 |
ROIC/WACC1.54
WACC8.31%
2.3 Liquidity
AEM has a Current Ratio of 2.12. This indicates that AEM is financially healthy and has no problem in meeting its short term obligations.
With a Current ratio value of 2.12, AEM perfoms like the industry average, outperforming 42.86% of the companies in the same industry.
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 has a Quick ratio (1.31) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.12 | ||
| Quick Ratio | 1.31 |
3. Growth
3.1 Past
AEM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 94.63%, 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.
AEM shows a strong growth in Revenue. In the last year, the Revenue has grown by 35.16%.
AEM shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 27.13% yearly.
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
AEM is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -3.28% yearly.
AEM is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -3.66% yearly.
EPS Next Y89.97%
EPS Next 2Y53.15%
EPS Next 3Y31.73%
EPS Next 5Y-3.28%
Revenue Next Year38.58%
Revenue Next 2Y26.51%
Revenue Next 3Y15.67%
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.
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
The Price/Earnings ratio is 23.18, which indicates a rather expensive current valuation of AEM.
Based on the Price/Earnings ratio, AEM is valued a bit cheaper than the industry average as 72.73% of the companies are valued more expensively.
AEM's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.13.
The Price/Forward Earnings ratio is 16.09, which indicates a correct valuation of AEM.
AEM's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.35, AEM is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.18 | ||
| Fwd PE | 16.09 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AEM indicates a somewhat cheap valuation: AEM is cheaper than 67.53% of the companies listed in the same industry.
AEM's Price/Free Cash Flow ratio is rather cheap when compared to the industry. AEM is cheaper than 81.17% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.11 | ||
| EV/EBITDA | 12.24 |
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 31.73% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.26
PEG (5Y)0.68
EPS Next 2Y53.15%
EPS Next 3Y31.73%
5. Dividend
5.1 Amount
AEM has a Yearly Dividend Yield of 1.02%. Purely for dividend investing, there may be better candidates out there.
AEM's Dividend Yield is a higher than the industry average which is at 2.63.
Compared to an average S&P500 Dividend Yield of 2.39, AEM's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.02% |
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
20.78% of the earnings are spent on dividend by AEM. This is a low number and sustainable payout ratio.
DP20.78%
EPS Next 2Y53.15%
EPS Next 3Y31.73%
159.68
+3.77 (+2.42%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners71.92%
Inst Owner Change-1.25%
Ins Owners0.08%
Ins Owner ChangeN/A
Market Cap87.87B
Revenue(TTM)10.57B
Net Income(TTM)3.45B
Analysts83.75
Price Target167.46 (4.87%)
Short Float %1.25%
Short Ratio2.29
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.02% |
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)14.17%
PT rev (3m)18.04%
EPS NQ rev (1m)-3.75%
EPS NQ rev (3m)16.15%
EPS NY rev (1m)1.84%
EPS NY rev (3m)42.1%
Revenue NQ rev (1m)5.47%
Revenue NQ rev (3m)9.16%
Revenue NY rev (1m)0.42%
Revenue NY rev (3m)6.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.18 | ||
| Fwd PE | 16.09 | ||
| P/S | 8.32 | ||
| P/FCF | 24.11 | ||
| P/OCF | 15.05 | ||
| P/B | 3.74 | ||
| P/tB | 4.54 | ||
| EV/EBITDA | 12.24 |
EPS(TTM)6.89
EY4.31%
EPS(NY)9.92
Fwd EY6.21%
FCF(TTM)6.62
FCFY4.15%
OCF(TTM)10.61
OCFY6.64%
SpS19.2
BVpS42.72
TBVpS35.16
PEG (NY)0.26
PEG (5Y)0.68
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 | 6.75 |
F-Score9
WACC8.31%
ROIC/WACC1.54
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 Y89.97%
EPS Next 2Y53.15%
EPS Next 3Y31.73%
EPS Next 5Y-3.28%
Revenue 1Y (TTM)35.16%
Revenue growth 3Y28.89%
Revenue growth 5Y27.13%
Sales Q2Q%41.93%
Revenue Next Year38.58%
Revenue Next 2Y26.51%
Revenue Next 3Y15.67%
Revenue Next 5Y-3.66%
EBIT growth 1Y94.51%
EBIT growth 3Y42.69%
EBIT growth 5Y46.52%
EBIT Next Year155.16%
EBIT Next 3Y42.92%
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 7 / 10 to AGNICO EAGLE MINES LTD (AEM). This can be considered as Undervalued.
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 23.18 and the Price/Book (PB) ratio is 3.74.
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 89.97% in the next year.