AGNICO EAGLE MINES LTD (AEM) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:AEM - CA0084741085 - Common Stock
174.21 USD
+5.6 (+3.32%)
174.21 USD
0 (0%)
AEM gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 156 industry peers in the Metals & Mining industry. AEM scores excellent points on both the profitability and health parts. This is a solid base for a good stock. AEM scores decently on growth, while it is valued quite cheap. This could make an interesting combination. This makes AEM very considerable 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.
AEM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
AEM has a better Return On Assets (10.55%) than 89.10% of its industry peers.
AEM has a better Return On Equity (14.67%) than 85.90% of its industry peers.
AEM has a Return On Invested Capital of 12.78%. This is amongst the best in the industry. AEM outperforms 86.54% 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 13.25%.
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
With an excellent Profit Margin value of 32.62%, AEM belongs to the best of the industry, outperforming 94.87% of the companies in the same industry.
In the last couple of years the Profit Margin of AEM has grown nicely.
AEM has a better Operating Margin (49.49%) than 94.87% of its industry peers.
AEM's Operating Margin has improved in the last couple of years.
The Gross Margin of AEM (70.29%) is better than 95.51% 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.
Compared to 5 years ago, AEM has more shares outstanding
The debt/assets ratio for AEM has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 6.67 indicates that AEM is not in any danger for bankruptcy at the moment.
AEM has a Altman-Z score of 6.67. This is in the better half of the industry: AEM outperforms 72.44% of its industry peers.
AEM has a debt to FCF ratio of 0.09. This is a very positive value and a sign of high solvency as it would only need 0.09 years to pay back of all of its debts.
AEM has a Debt to FCF ratio of 0.09. This is amongst the best in the industry. AEM outperforms 95.51% 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 71.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.09 | ||
| Altman-Z | 6.67 |
ROIC/WACC1.4
WACC9.14%
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.
The Current ratio of AEM (2.12) is comparable to the rest of the 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 comparable to the rest of the industry.
| 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.
The Earnings Per Share has been growing by 33.97% on average over the past years. This is a very strong growth
Looking at the last year, AEM shows a very strong growth in Revenue. The Revenue has grown by 35.16%.
The Revenue has been growing by 27.13% on average over the past years. This is a very strong growth!
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 Y90.76%
EPS Next 2Y57.27%
EPS Next 3Y34.15%
EPS Next 5Y-3.28%
Revenue Next Year38.51%
Revenue Next 2Y27.35%
Revenue Next 3Y17.09%
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
AEM is valuated quite expensively with a Price/Earnings ratio of 25.28.
Based on the Price/Earnings ratio, AEM is valued a bit cheaper than the industry average as 73.08% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 26.38. AEM is around the same levels.
The Price/Forward Earnings ratio is 16.65, which indicates a correct valuation of AEM.
62.82% of the companies in the same industry are more expensive than AEM, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.83, AEM is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.28 | ||
| Fwd PE | 16.65 |
4.2 Price Multiples
AEM's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. AEM is cheaper than 68.59% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, AEM is valued cheaply inside the industry as 85.26% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.98 | ||
| EV/EBITDA | 12.06 |
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.
A more expensive valuation may be justified as AEM's earnings are expected to grow with 34.15% in the coming years.
PEG (NY)0.28
PEG (5Y)0.74
EPS Next 2Y57.27%
EPS Next 3Y34.15%
5. Dividend
5.1 Amount
AEM has a yearly dividend return of 0.96%, which is pretty low.
AEM's Dividend Yield is a higher than the industry average which is at 1.03.
Compared to an average S&P500 Dividend Yield of 1.87, AEM's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.96% |
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 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 2Y57.27%
EPS Next 3Y34.15%
174.21
+5.6 (+3.32%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners72.34%
Inst Owner Change1.08%
Ins Owners0.06%
Ins Owner ChangeN/A
Market Cap87.39B
Revenue(TTM)10.57B
Net Income(TTM)3.45B
Analysts83.75
Price Target203.69 (16.92%)
Short Float %1.39%
Short Ratio2.66
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.96% |
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)15.73%
Min EPS beat(2)14.11%
Max EPS beat(2)17.35%
EPS beat(4)4
Avg EPS beat(4)12.43%
Min EPS beat(4)5.95%
Max EPS beat(4)17.35%
EPS beat(8)8
Avg EPS beat(8)14.07%
EPS beat(12)10
Avg EPS beat(12)11.3%
EPS beat(16)13
Avg EPS beat(16)14.1%
Revenue beat(2)2
Avg Revenue beat(2)8.01%
Min Revenue beat(2)6.53%
Max Revenue beat(2)9.49%
Revenue beat(4)3
Avg Revenue beat(4)4.11%
Min Revenue beat(4)-1.08%
Max Revenue beat(4)9.49%
Revenue beat(8)7
Avg Revenue beat(8)4.3%
Revenue beat(12)8
Avg Revenue beat(12)2.43%
Revenue beat(16)10
Avg Revenue beat(16)2.24%
PT rev (1m)21.64%
PT rev (3m)38.88%
EPS NQ rev (1m)8.03%
EPS NQ rev (3m)23.26%
EPS NY rev (1m)4.31%
EPS NY rev (3m)10.12%
Revenue NQ rev (1m)-2.56%
Revenue NQ rev (3m)4.07%
Revenue NY rev (1m)0.88%
Revenue NY rev (3m)3.97%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.28 | ||
| Fwd PE | 16.65 | ||
| P/S | 8.27 | ||
| P/FCF | 23.98 | ||
| P/OCF | 14.97 | ||
| P/B | 3.72 | ||
| P/tB | 4.52 | ||
| EV/EBITDA | 12.06 |
EPS(TTM)6.89
EY3.95%
EPS(NY)10.46
Fwd EY6.01%
FCF(TTM)7.27
FCFY4.17%
OCF(TTM)11.64
OCFY6.68%
SpS21.07
BVpS46.86
TBVpS38.57
PEG (NY)0.28
PEG (5Y)0.74
Graham Number85.23
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 | 6.67 |
F-Score9
WACC9.14%
ROIC/WACC1.4
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 Y90.76%
EPS Next 2Y57.27%
EPS Next 3Y34.15%
EPS Next 5Y-3.28%
Revenue 1Y (TTM)35.16%
Revenue growth 3Y28.89%
Revenue growth 5Y27.13%
Sales Q2Q%41.93%
Revenue Next Year38.51%
Revenue Next 2Y27.35%
Revenue Next 3Y17.09%
Revenue Next 5Y-3.66%
EBIT growth 1Y94.51%
EBIT growth 3Y42.69%
EBIT growth 5Y46.52%
EBIT Next Year155.61%
EBIT Next 3Y45.64%
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 25.28 and the Price/Book (PB) ratio is 3.72.
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 90.76% in the next year.