AGNICO EAGLE MINES LTD (AEM) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:AEM - CA0084741085 - Common Stock
166.28 USD
+1.56 (+0.95%)
166.51 USD
+0.23 (+0.14%)
We assign a fundamental rating of 7 out of 10 to AEM. AEM was compared to 155 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 This makes AEM very considerable for value and quality investing!
1. Profitability
1.1 Basic Checks
In the past year AEM was profitable.
AEM had a positive operating cash flow in the past year.
In the past 5 years AEM has always been profitable.
In the past 5 years AEM always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of AEM (10.55%) is better than 89.03% of its industry peers.
With an excellent Return On Equity value of 14.67%, AEM belongs to the best of the industry, outperforming 85.81% of the companies in the same industry.
The Return On Invested Capital of AEM (12.78%) is better than 87.10% of its industry peers.
The Average Return On Invested Capital over the past 3 years for AEM is significantly below the industry average of 13.15%.
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 94.84% of its industry peers.
AEM's Profit Margin has improved in the last couple of years.
With an excellent Operating Margin value of 49.49%, AEM belongs to the best of the industry, outperforming 94.84% of the companies in the same industry.
AEM's Operating Margin has improved in the last couple of years.
The Gross Margin of AEM (70.29%) is better than 95.48% 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
AEM has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is 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.
AEM has a better debt/assets ratio than last year.
2.2 Solvency
AEM has an Altman-Z score of 6.54. This indicates that AEM is financially healthy and has little risk of bankruptcy at the moment.
AEM has a better Altman-Z score (6.54) than 71.61% 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.
The Debt to FCF ratio of AEM (0.09) is better than 95.48% 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.
The Debt to Equity ratio of AEM (0.01) is better than 72.26% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.09 | ||
| Altman-Z | 6.54 |
ROIC/WACC1.37
WACC9.35%
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.
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's Quick ratio of 1.31 is in line compared to the rest of the industry. AEM outperforms 40.65% of 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.
AEM shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 33.97% yearly.
AEM shows a strong growth in Revenue. In the last year, 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
The Earnings Per Share is expected to decrease by -3.28% on average over the next years.
Based on estimates for the next years, AEM will show a decrease in Revenue. The Revenue will decrease by -3.66% on average per year.
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
AEM is valuated rather expensively with a Price/Earnings ratio of 24.13.
Based on the Price/Earnings ratio, AEM is valued a bit cheaper than 72.26% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.28. AEM is around the same levels.
A Price/Forward Earnings ratio of 15.89 indicates a correct valuation of AEM.
Based on the Price/Forward Earnings ratio, AEM is valued a bit cheaper than the industry average as 62.58% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.52, AEM is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.13 | ||
| Fwd PE | 15.89 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AEM is valued a bit cheaper than the industry average as 67.74% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, AEM is valued cheaper than 83.23% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.88 | ||
| EV/EBITDA | 11.78 |
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.
A more expensive valuation may be justified as AEM's earnings are expected to grow with 34.15% in the coming years.
PEG (NY)0.27
PEG (5Y)0.71
EPS Next 2Y57.27%
EPS Next 3Y34.15%
5. Dividend
5.1 Amount
With a yearly dividend of 0.93%, AEM is not a good candidate for dividend investing.
AEM's Dividend Yield is a higher than the industry average which is at 2.54.
With a Dividend Yield of 0.93, AEM pays less dividend than the S&P500 average, which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.93% |
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%
166.28
+1.56 (+0.95%)
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 Cap83.41B
Revenue(TTM)10.57B
Net Income(TTM)3.45B
Analysts83.75
Price Target203.69 (22.5%)
Short Float %1.41%
Short Ratio2.57
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.93% |
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)39.22%
EPS NQ rev (1m)8.03%
EPS NQ rev (3m)23.26%
EPS NY rev (1m)0.41%
EPS NY rev (3m)10.12%
Revenue NQ rev (1m)-2.56%
Revenue NQ rev (3m)4.07%
Revenue NY rev (1m)-0.05%
Revenue NY rev (3m)4.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.13 | ||
| Fwd PE | 15.89 | ||
| P/S | 7.89 | ||
| P/FCF | 22.88 | ||
| P/OCF | 14.29 | ||
| P/B | 3.55 | ||
| P/tB | 4.31 | ||
| EV/EBITDA | 11.78 |
EPS(TTM)6.89
EY4.14%
EPS(NY)10.46
Fwd EY6.29%
FCF(TTM)7.27
FCFY4.37%
OCF(TTM)11.64
OCFY7%
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 | 6.54 |
F-Score9
WACC9.35%
ROIC/WACC1.37
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 24.13 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.