AGNICO EAGLE MINES LTD (AEM) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:AEM - CA0084741085 - Common Stock
174.43 USD
+1.41 (+0.81%)
174.19 USD
-0.24 (-0.14%)
Overall AEM gets a fundamental rating of 7 out of 10. We evaluated AEM against 153 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 is not valued too expensively and it also shows a decent growth rate. With these ratings, AEM could be worth investigating further for 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.
Each year in the past 5 years AEM has been profitable.
AEM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
AEM's Return On Assets of 10.55% is amongst the best of the industry. AEM outperforms 89.54% of its industry peers.
AEM has a better Return On Equity (14.67%) than 86.27% of its industry peers.
AEM's Return On Invested Capital of 12.78% is amongst the best of the industry. AEM outperforms 88.89% of its industry peers.
The Average Return On Invested Capital over the past 3 years for AEM is significantly below the industry average of 13.09%.
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 better Profit Margin (32.62%) than 94.77% of its industry peers.
In the last couple of years the Profit Margin of AEM has grown nicely.
AEM has a Operating Margin of 49.49%. This is amongst the best in the industry. AEM outperforms 94.77% 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 95.42% 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
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
Compared to 1 year ago, AEM has an improved debt to assets ratio.
2.2 Solvency
AEM has an Altman-Z score of 7.36. This indicates that AEM is financially healthy and has little risk of bankruptcy at the moment.
AEM's Altman-Z score of 7.36 is fine compared to the rest of the industry. AEM outperforms 73.20% 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 better Debt to FCF ratio (0.09) than 95.42% of its industry peers.
A Debt/Equity ratio of 0.01 indicates that AEM is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.01, AEM is in the better half of the industry, outperforming 71.90% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.09 | ||
| Altman-Z | 7.36 |
ROIC/WACC1.5
WACC8.51%
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 41.83% 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 has a worse Quick ratio (1.31) than 60.13% 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.
AEM shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 33.97% yearly.
The Revenue has grown by 35.16% in the past year. This is a very strong growth!
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 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
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
With a Price/Earnings ratio of 25.32, AEM can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Earnings ratio of AEM indicates a somewhat cheap valuation: AEM is cheaper than 71.90% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 26.31. AEM is around the same levels.
AEM is valuated rather expensively with a Price/Forward Earnings ratio of 18.37.
Compared to the rest of the industry, the Price/Forward Earnings ratio of AEM is on the same level as its industry peers.
AEM is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 36.59, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.32 | ||
| Fwd PE | 18.37 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AEM is valued a bit cheaper than the industry average as 66.01% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, AEM is valued a bit cheaper than 79.74% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.33 | ||
| EV/EBITDA | 13.62 |
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.
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 28.66% in the coming years.
PEG (NY)0.31
PEG (5Y)0.75
EPS Next 2Y49.83%
EPS Next 3Y28.66%
5. Dividend
5.1 Amount
AEM has a Yearly Dividend Yield of 1.00%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.72, AEM pays a bit more dividend than its industry peers.
With a Dividend Yield of 1.00, AEM pays less dividend than the S&P500 average, which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1% |
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
20.78% of the earnings are spent on dividend by AEM. This is a low number and sustainable payout ratio.
DP20.78%
EPS Next 2Y49.83%
EPS Next 3Y28.66%
174.43
+1.41 (+0.81%)
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 Cap95.99B
Revenue(TTM)10.57B
Net Income(TTM)3.45B
Analysts83.75
Price Target191.9 (10.02%)
Short Float %1%
Short Ratio1.82
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1% |
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)28.98%
PT rev (3m)31.17%
EPS NQ rev (1m)19.75%
EPS NQ rev (3m)23.57%
EPS NY rev (1m)2.68%
EPS NY rev (3m)5.57%
Revenue NQ rev (1m)-4.34%
Revenue NQ rev (3m)7.71%
Revenue NY rev (1m)2.23%
Revenue NY rev (3m)3.36%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.32 | ||
| Fwd PE | 18.37 | ||
| P/S | 9.08 | ||
| P/FCF | 26.33 | ||
| P/OCF | 16.44 | ||
| P/B | 4.08 | ||
| P/tB | 4.96 | ||
| EV/EBITDA | 13.62 |
EPS(TTM)6.89
EY3.95%
EPS(NY)9.5
Fwd EY5.44%
FCF(TTM)6.62
FCFY3.8%
OCF(TTM)10.61
OCFY6.08%
SpS19.2
BVpS42.72
TBVpS35.16
PEG (NY)0.31
PEG (5Y)0.75
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 | 7.36 |
F-Score9
WACC8.51%
ROIC/WACC1.5
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 25.32 and the Price/Book (PB) ratio is 4.08.
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.