ALPHAMIN RESOURCES CORP (AFM.CA) Stock Fundamental Analysis
TSX-V:AFM - TSX Venture Exchange - MU0456S00006 - Common Stock - Currency: CAD
We assign a fundamental rating of 7 out of 10 to AFM. AFM was compared to 832 industry peers in the Metals & Mining industry. AFM has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. AFM is valued quite cheap, while showing a decent growth score. This is a good combination! With these ratings, AFM could be worth investigating further for value and quality investing!.
1. Profitability
1.1 Basic Checks
AFM had positive earnings in the past year.
In the past year AFM had a positive cash flow from operations.
Of the past 5 years AFM 4 years were profitable.
AFM had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 12.41%, AFM belongs to the top of the industry, outperforming 94.78% of the companies in the same industry.
Looking at the Return On Equity, with a value of 20.45%, AFM belongs to the top of the industry, outperforming 95.72% of the companies in the same industry.
AFM has a better Return On Invested Capital (21.63%) than 99.20% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for AFM is significantly above the industry average of 11.94%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.41% | ||
| ROE | 20.45% | ||
| ROIC | 21.63% |
ROA(3y)13.73%
ROA(5y)7.95%
ROE(3y)21.38%
ROE(5y)12.49%
ROIC(3y)24.69%
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 16.75%, AFM belongs to the top of the industry, outperforming 95.58% of the companies in the same industry.
The Operating Margin of AFM (40.19%) is better than 97.86% of its industry peers.
AFM's Operating Margin has improved in the last couple of years.
With an excellent Gross Margin value of 46.42%, AFM belongs to the best of the industry, outperforming 94.65% of the companies in the same industry.
In the last couple of years the Gross Margin of AFM has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 40.19% | ||
| PM (TTM) | 16.75% | ||
| GM | 46.42% |
OM growth 3Y39.41%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y24.55%
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), AFM is creating value.
AFM has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, AFM has more shares outstanding
The debt/assets ratio for AFM is higher compared to a year ago.
2.2 Solvency
AFM has an Altman-Z score of 4.09. This indicates that AFM is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of AFM (4.09) is better than 64.79% of its industry peers.
The Debt to FCF ratio of AFM is 0.80, which is an excellent value as it means it would take AFM, only 0.80 years of fcf income to pay off all of its debts.
AFM's Debt to FCF ratio of 0.80 is amongst the best of the industry. AFM outperforms 94.38% of its industry peers.
A Debt/Equity ratio of 0.20 indicates that AFM is not too dependend on debt financing.
AFM's Debt to Equity ratio of 0.20 is on the low side compared to the rest of the industry. AFM is outperformed by 72.69% of its industry peers.
Although AFM does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 0.8 | ||
| Altman-Z | 4.09 |
ROIC/WACC1.96
WACC11.01%
2.3 Liquidity
A Current Ratio of 1.28 indicates that AFM should not have too much problems paying its short term obligations.
AFM has a Current ratio (1.28) which is comparable to the rest of the industry.
AFM has a Quick Ratio of 1.28. This is a bad value and indicates that AFM is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.96, AFM is not doing good in the industry: 61.04% of the companies in the same industry are doing better.
AFM does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.28 | ||
| Quick Ratio | 0.96 |
3. Growth
3.1 Past
AFM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 34.98%, which is quite impressive.
AFM shows a strong growth in Revenue. In the last year, the Revenue has grown by 43.18%.
AFM shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 15.46% yearly.
EPS 1Y (TTM)34.98%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%123.19%
Revenue 1Y (TTM)43.18%
Revenue growth 3Y15.46%
Revenue growth 5YN/A
Sales Q2Q%61.08%
3.2 Future
AFM is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 25.64% yearly.
AFM is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 17.80% yearly.
EPS Next Y8.43%
EPS Next 2Y13.49%
EPS Next 3Y25.64%
EPS Next 5YN/A
Revenue Next Year44.43%
Revenue Next 2Y25.03%
Revenue Next 3Y17.8%
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
AFM is valuated reasonably with a Price/Earnings ratio of 11.50.
Compared to the rest of the industry, the Price/Earnings ratio of AFM indicates a rather cheap valuation: AFM is cheaper than 92.37% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of AFM to the average of the S&P500 Index (28.36), we can say AFM is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 4.51, the valuation of AFM can be described as very cheap.
Based on the Price/Forward Earnings ratio, AFM is valued cheaply inside the industry as 97.32% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 92.49. AFM is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.5 | ||
| Fwd PE | 4.51 |
4.2 Price Multiples
AFM's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. AFM is cheaper than 96.25% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of AFM indicates a rather cheap valuation: AFM is cheaper than 96.39% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.36 | ||
| EV/EBITDA | 3.45 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
AFM has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as AFM's earnings are expected to grow with 25.64% in the coming years.
PEG (NY)1.36
PEG (5Y)N/A
EPS Next 2Y13.49%
EPS Next 3Y25.64%
5. Dividend
5.1 Amount
AFM has a Yearly Dividend Yield of 13.04%, which is a nice return.
The stock price of AFM dropped by -27.20% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
Compared to an average industry Dividend Yield of 7.68, AFM pays a better dividend. On top of this AFM pays more dividend than 99.87% of the companies listed in the same industry.
AFM's Dividend Yield is rather good when compared to the S&P500 average which is at 2.28.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 13.04% |
5.2 History
AFM has been paying a dividend for less than 5 years, so it still needs to build a track record.
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years2
5.3 Sustainability
AFM pays out 38.23% of its income as dividend. This is a sustainable payout ratio.
DP38.23%
EPS Next 2Y13.49%
EPS Next 3Y25.64%
ALPHAMIN RESOURCES CORP
TSX-V:AFM (2/3/2025, 7:00:00 PM)
0.92
0 (0%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners4.02%
Inst Owner ChangeN/A
Ins Owners1.45%
Ins Owner ChangeN/A
Market Cap1.18B
Analysts0
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 13.04% |
Yearly Dividend0.04
Dividend Growth(5Y)N/A
DP38.23%
Div Incr Years1
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)-6.1%
EPS NY rev (3m)-6.1%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)17.95%
Revenue NY rev (3m)17.95%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.5 | ||
| Fwd PE | 4.51 | ||
| P/S | 1.86 | ||
| P/FCF | 8.36 | ||
| P/OCF | 4.82 | ||
| P/B | 2.27 | ||
| P/tB | 2.27 | ||
| EV/EBITDA | 3.45 |
EPS(TTM)0.08
EY8.7%
EPS(NY)0.2
Fwd EY22.18%
FCF(TTM)0.11
FCFY11.95%
OCF(TTM)0.19
OCFY20.75%
SpS0.49
BVpS0.4
TBVpS0.4
PEG (NY)1.36
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.41% | ||
| ROE | 20.45% | ||
| ROCE | 39.01% | ||
| ROIC | 21.63% | ||
| ROICexc | 25.02% | ||
| ROICexgc | 25.02% | ||
| OM | 40.19% | ||
| PM (TTM) | 16.75% | ||
| GM | 46.42% | ||
| FCFM | 22.26% |
ROA(3y)13.73%
ROA(5y)7.95%
ROE(3y)21.38%
ROE(5y)12.49%
ROIC(3y)24.69%
ROIC(5y)N/A
ROICexc(3y)32.41%
ROICexc(5y)N/A
ROICexgc(3y)32.41%
ROICexgc(5y)N/A
ROCE(3y)40.88%
ROCE(5y)N/A
ROICexcg growth 3Y31.94%
ROICexcg growth 5YN/A
ROICexc growth 3Y31.94%
ROICexc growth 5YN/A
OM growth 3Y39.41%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y24.55%
GM growth 5YN/A
F-Score7
Asset Turnover0.74
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 0.8 | ||
| Debt/EBITDA | 0.33 | ||
| Cap/Depr | 174.09% | ||
| Cap/Sales | 16.38% | ||
| Interest Coverage | 20.11 | ||
| Cash Conversion | 77.9% | ||
| Profit Quality | 132.91% | ||
| Current Ratio | 1.28 | ||
| Quick Ratio | 0.96 | ||
| Altman-Z | 4.09 |
F-Score7
WACC11.01%
ROIC/WACC1.96
Cap/Depr(3y)214.56%
Cap/Depr(5y)188.18%
Cap/Sales(3y)20.19%
Cap/Sales(5y)28.52%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)34.98%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%123.19%
EPS Next Y8.43%
EPS Next 2Y13.49%
EPS Next 3Y25.64%
EPS Next 5YN/A
Revenue 1Y (TTM)43.18%
Revenue growth 3Y15.46%
Revenue growth 5YN/A
Sales Q2Q%61.08%
Revenue Next Year44.43%
Revenue Next 2Y25.03%
Revenue Next 3Y17.8%
Revenue Next 5YN/A
EBIT growth 1Y61.43%
EBIT growth 3Y60.96%
EBIT growth 5YN/A
EBIT Next Year126.64%
EBIT Next 3Y40.28%
EBIT Next 5YN/A
FCF growth 1Y-44.56%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-25.53%
OCF growth 3Y-49.61%
OCF growth 5YN/A