AGNICO EAGLE MINES LTD (AEM) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:AEM - CA0084741085 - Common Stock
166.53 USD
-1.87 (-1.11%)
167.9 USD
+1.37 (+0.82%)
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 has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. AEM may be a bit undervalued, certainly considering the very reasonable score on growth These ratings would make AEM suitable for value and quality investing!
1. Profitability
1.1 Basic Checks
In the past year AEM was profitable.
In the past year AEM had a positive cash flow from operations.
Each year in the past 5 years AEM has been profitable.
Each year in the past 5 years AEM had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 10.55%, AEM belongs to the top of the industry, outperforming 89.10% of the companies in the same industry.
AEM has a Return On Equity of 14.67%. This is amongst the best in the industry. AEM outperforms 85.90% of its industry peers.
AEM has a better Return On Invested Capital (12.78%) than 86.54% of its industry peers.
The Average Return On Invested Capital over the past 3 years for AEM is significantly below the industry average of 13.25%.
The last Return On Invested Capital (12.78%) for AEM is above the 3 year average (5.95%), which is a sign of increasing profitability.
| 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 has a Profit Margin of 32.62%. This is amongst the best in the industry. AEM outperforms 94.87% of its industry peers.
AEM's Profit Margin has improved in the last couple of years.
AEM's Operating Margin of 49.49% is amongst the best of the industry. AEM outperforms 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), AEM is creating some value.
Compared to 1 year ago, AEM has more shares outstanding
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 6.60 indicates that AEM is not in any danger for bankruptcy at the moment.
AEM has a Altman-Z score of 6.60. This is in the better half of the industry: AEM outperforms 71.79% 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.
AEM has a Debt/Equity ratio of 0.01. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.01, AEM is in the better half of the industry, outperforming 71.79% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.09 | ||
| Altman-Z | 6.6 |
ROIC/WACC1.4
WACC9.13%
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.
AEM has a Current ratio (2.12) which is comparable to the rest of the industry.
A Quick Ratio of 1.31 indicates that AEM should not have too much problems paying its short term obligations.
The Quick ratio of AEM (1.31) 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.
AEM shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 33.97% yearly.
Looking at the last year, AEM shows a very strong growth in Revenue. 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.
The Revenue is expected to decrease by -3.66% on average over the next years.
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
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
A Price/Earnings ratio of 24.17 indicates a rather expensive valuation of AEM.
Based on the Price/Earnings ratio, AEM is valued a bit cheaper than 73.72% of the companies in the same industry.
When comparing the Price/Earnings ratio of AEM to the average of the S&P500 Index (26.43), we can say AEM is valued inline with the index average.
The Price/Forward Earnings ratio is 15.92, which indicates a correct valuation of AEM.
Based on the Price/Forward Earnings ratio, AEM is valued a bit cheaper than 63.46% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of AEM to the average of the S&P500 Index (23.66), we can say AEM is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.17 | ||
| Fwd PE | 15.92 |
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 69.23% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, AEM is valued cheaper than 85.26% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.92 | ||
| EV/EBITDA | 11.91 |
4.3 Compensation for Growth
The 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 34.15% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.27
PEG (5Y)0.71
EPS Next 2Y57.27%
EPS Next 3Y34.15%
5. Dividend
5.1 Amount
AEM has a yearly dividend return of 0.95%, which is pretty low.
Compared to an average industry Dividend Yield of 1.03, 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 1.87.
| 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 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
20.78% of the earnings are spent on dividend by AEM. This is a low number and sustainable payout ratio.
DP20.78%
EPS Next 2Y57.27%
EPS Next 3Y34.15%
166.53
-1.87 (-1.11%)
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 Cap83.54B
Revenue(TTM)10.57B
Net Income(TTM)3.45B
Analysts83.75
Price Target203.69 (22.31%)
Short Float %1.39%
Short Ratio2.66
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)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 | 24.17 | ||
| Fwd PE | 15.92 | ||
| P/S | 7.9 | ||
| P/FCF | 22.92 | ||
| P/OCF | 14.31 | ||
| P/B | 3.55 | ||
| P/tB | 4.32 | ||
| EV/EBITDA | 11.91 |
EPS(TTM)6.89
EY4.14%
EPS(NY)10.46
Fwd EY6.28%
FCF(TTM)7.27
FCFY4.36%
OCF(TTM)11.64
OCFY6.99%
SpS21.07
BVpS46.86
TBVpS38.57
PEG (NY)0.27
PEG (5Y)0.71
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 | 6.6 |
F-Score9
WACC9.13%
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 24.17 and the Price/Book (PB) ratio is 3.55.
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.