AGNICO EAGLE MINES LTD (AEM) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:AEM - CA0084741085 - Common Stock
191.14 USD
+4.67 (+2.5%)
191.78 USD
+0.64 (+0.33%)
We assign a fundamental rating of 7 out of 10 to AEM. AEM was compared to 157 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 is growing strongly while it also seems undervalued. This is an interesting combination This makes AEM very considerable for value and growth 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
Looking at the Return On Assets, with a value of 10.55%, AEM belongs to the top of the industry, outperforming 90.45% 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 87.26% of its industry peers.
With an excellent Return On Invested Capital value of 12.78%, AEM belongs to the best of the industry, outperforming 86.62% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for AEM is below the industry average of 10.36%.
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's Profit Margin of 32.62% is amongst the best of the industry. AEM outperforms 94.90% of its industry peers.
AEM's Profit Margin has improved in the last couple of years.
AEM has a Operating Margin of 49.49%. This is amongst the best in the industry. AEM outperforms 94.90% of its industry peers.
In the last couple of years the Operating Margin of AEM has grown nicely.
With an excellent Gross Margin value of 70.29%, AEM belongs to the best of the industry, outperforming 95.54% of the companies in the same industry.
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
AEM has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, AEM has more shares outstanding
Compared to 5 years ago, AEM has more shares outstanding
AEM has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 7.41 indicates that AEM is not in any danger for bankruptcy at the moment.
With a decent Altman-Z score value of 7.41, AEM is doing good in the industry, outperforming 74.52% of the companies in the same industry.
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.
With an excellent Debt to FCF ratio value of 0.09, AEM belongs to the best of the industry, outperforming 95.54% of the companies in the same industry.
AEM has a Debt/Equity ratio of 0.01. This is a healthy value indicating a solid balance between debt and equity.
AEM has a Debt to Equity ratio of 0.01. This is in the better half of the industry: AEM outperforms 72.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.09 | ||
| Altman-Z | 7.41 |
ROIC/WACC1.38
WACC9.27%
2.3 Liquidity
A Current Ratio of 2.12 indicates that AEM has no problem at all paying its short term obligations.
AEM has a Current ratio of 2.12. This is comparable to the rest of the industry: AEM outperforms 43.31% of its industry peers.
A Quick Ratio of 1.31 indicates that AEM should not have too much problems paying its short term obligations.
AEM's Quick ratio of 1.31 is in line compared to the rest of the industry. AEM outperforms 42.04% 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.
Looking at the last year, AEM shows a very strong growth in Revenue. 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
The Earnings Per Share is expected to grow by 8.45% on average over the next years. This is quite good.
The Revenue is expected to grow by 3.75% on average over the next years.
EPS Next Y92.64%
EPS Next 2Y59.68%
EPS Next 3Y37.88%
EPS Next 5Y8.45%
Revenue Next Year40.43%
Revenue Next 2Y29.34%
Revenue Next 3Y17.94%
Revenue Next 5Y3.75%
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
With a Price/Earnings ratio of 27.74, AEM can be considered very expensive at the moment.
AEM's Price/Earnings ratio is a bit cheaper when compared to the industry. AEM is cheaper than 73.25% of the companies in the same industry.
When comparing the Price/Earnings ratio of AEM to the average of the S&P500 Index (27.19), we can say AEM is valued inline with the index average.
AEM is valuated rather expensively with a Price/Forward Earnings ratio of 17.72.
Based on the Price/Forward Earnings ratio, AEM is valued a bit cheaper than 63.06% of the companies in the same industry.
AEM's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.74 | ||
| Fwd PE | 17.72 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AEM is valued a bit cheaper than 66.88% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of AEM indicates a rather cheap valuation: AEM is cheaper than 82.80% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.31 | ||
| EV/EBITDA | 13.71 |
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.
A more expensive valuation may be justified as AEM's earnings are expected to grow with 37.88% in the coming years.
PEG (NY)0.3
PEG (5Y)0.82
EPS Next 2Y59.68%
EPS Next 3Y37.88%
5. Dividend
5.1 Amount
AEM has a yearly dividend return of 0.87%, which is pretty low.
AEM's Dividend Yield is a higher than the industry average which is at 0.98.
Compared to an average S&P500 Dividend Yield of 1.92, AEM's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.87% |
5.2 History
On average, the dividend of AEM grows each year by 24.77%, which is quite nice.
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.
The dividend of AEM is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP20.78%
EPS Next 2Y59.68%
EPS Next 3Y37.88%
191.14
+4.67 (+2.5%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners72.41%
Inst Owner Change0%
Ins Owners0.06%
Ins Owner ChangeN/A
Market Cap95.88B
Revenue(TTM)10.57B
Net Income(TTM)3.45B
Analysts83.75
Price Target205.27 (7.39%)
Short Float %1.09%
Short Ratio2.1
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.87% |
Yearly Dividend1.34
Dividend Growth(5Y)24.77%
DP20.78%
Div Incr Years0
Div Non Decr Years3
Ex-DateN/A
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)0.78%
PT rev (3m)37.97%
EPS NQ rev (1m)0%
EPS NQ rev (3m)19.75%
EPS NY rev (1m)0.99%
EPS NY rev (3m)10.15%
Revenue NQ rev (1m)8.85%
Revenue NQ rev (3m)13.27%
Revenue NY rev (1m)1.38%
Revenue NY rev (3m)4.99%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.74 | ||
| Fwd PE | 17.72 | ||
| P/S | 9.07 | ||
| P/FCF | 26.31 | ||
| P/OCF | 16.43 | ||
| P/B | 4.08 | ||
| P/tB | 4.96 | ||
| EV/EBITDA | 13.71 |
EPS(TTM)6.89
EY3.6%
EPS(NY)10.79
Fwd EY5.64%
FCF(TTM)7.27
FCFY3.8%
OCF(TTM)11.64
OCFY6.09%
SpS21.07
BVpS46.86
TBVpS38.57
PEG (NY)0.3
PEG (5Y)0.82
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 | 7.41 |
F-Score9
WACC9.27%
ROIC/WACC1.38
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 Y92.64%
EPS Next 2Y59.68%
EPS Next 3Y37.88%
EPS Next 5Y8.45%
Revenue 1Y (TTM)35.16%
Revenue growth 3Y28.89%
Revenue growth 5Y27.13%
Sales Q2Q%41.93%
Revenue Next Year40.43%
Revenue Next 2Y29.34%
Revenue Next 3Y17.94%
Revenue Next 5Y3.75%
EBIT growth 1Y94.51%
EBIT growth 3Y42.69%
EBIT growth 5Y46.52%
EBIT Next Year157.69%
EBIT Next 3Y46.15%
EBIT Next 5Y15.05%
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.
Can you provide the valuation status for AGNICO EAGLE MINES LTD?
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 are the PE and PB ratios of AGNICO EAGLE MINES LTD (AEM) stock?
The Price/Earnings (PE) ratio for AGNICO EAGLE MINES LTD (AEM) is 27.74 and the Price/Book (PB) ratio is 4.08.
Is the dividend of AGNICO EAGLE MINES LTD sustainable?
The dividend rating of AGNICO EAGLE MINES LTD (AEM) is 5 / 10 and the dividend payout ratio is 20.78%.