AVINO SILVER & GOLD MINES (ASM.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:ASM - CA0539061030 - Common Stock
14.09 CAD
+1.17 (+9.06%)
Overall ASM gets a fundamental rating of 6 out of 10. We evaluated ASM against 820 industry peers in the Metals & Mining industry. ASM scores excellent points on both the profitability and health parts. This is a solid base for a good stock. ASM is not valued too expensively and it also shows a decent growth rate. These ratings could make ASM a good candidate for quality investing.
1. Profitability
1.1 Basic Checks
- In the past year ASM was profitable.
- ASM had a positive operating cash flow in the past year.
- In multiple years ASM reported negative net income over the last 5 years.
- ASM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- ASM has a Return On Assets of 9.59%. This is amongst the best in the industry. ASM outperforms 92.44% of its industry peers.
- ASM has a Return On Equity of 11.68%. This is amongst the best in the industry. ASM outperforms 91.46% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 9.09%, ASM belongs to the top of the industry, outperforming 93.17% of the companies in the same industry.
- ASM had an Average Return On Invested Capital over the past 3 years of 3.72%. This is significantly below the industry average of 12.04%.
- The 3 year average ROIC (3.72%) for ASM is below the current ROIC(9.09%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.59% | ||
| ROE | 11.68% | ||
| ROIC | 9.09% |
ROA(3y)2.81%
ROA(5y)-1.02%
ROE(3y)3.38%
ROE(5y)-1.09%
ROIC(3y)3.72%
ROIC(5y)N/A
1.3 Margins
- With an excellent Profit Margin value of 24.72%, ASM belongs to the best of the industry, outperforming 95.24% of the companies in the same industry.
- Looking at the Operating Margin, with a value of 36.28%, ASM belongs to the top of the industry, outperforming 95.73% of the companies in the same industry.
- ASM has a Gross Margin of 48.96%. This is amongst the best in the industry. ASM outperforms 95.61% of its industry peers.
- In the last couple of years the Gross Margin of ASM has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 36.28% | ||
| PM (TTM) | 24.72% | ||
| GM | 48.96% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y5.18%
GM growth 5YN/A
2. Health
2.1 Basic Checks
- ASM has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- The number of shares outstanding for ASM has been increased compared to 1 year ago.
- ASM has more shares outstanding than it did 5 years ago.
- ASM has a better debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 25.43 indicates that ASM is not in any danger for bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 25.43, ASM is in the better half of the industry, outperforming 73.78% of the companies in the same industry.
- ASM has a debt to FCF ratio of 0.54. This is a very positive value and a sign of high solvency as it would only need 0.54 years to pay back of all of its debts.
- Looking at the Debt to FCF ratio, with a value of 0.54, ASM belongs to the top of the industry, outperforming 94.76% of the companies in the same industry.
- ASM has a Debt/Equity ratio of 0.01. This is a healthy value indicating a solid balance between debt and equity.
- ASM's Debt to Equity ratio of 0.01 is in line compared to the rest of the industry. ASM outperforms 46.95% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.54 | ||
| Altman-Z | 25.43 |
ROIC/WACC0.93
WACC9.76%
2.3 Liquidity
- A Current Ratio of 2.75 indicates that ASM has no problem at all paying its short term obligations.
- ASM has a Current ratio (2.75) which is comparable to the rest of the industry.
- ASM has a Quick Ratio of 2.34. This indicates that ASM is financially healthy and has no problem in meeting its short term obligations.
- ASM's Quick ratio of 2.34 is in line compared to the rest of the industry. ASM outperforms 58.05% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.75 | ||
| Quick Ratio | 2.34 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 900.00% over the past year.
- Looking at the last year, ASM shows a very strong growth in Revenue. The Revenue has grown by 58.42%.
- ASM shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 15.82% yearly.
EPS 1Y (TTM)900%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%600%
Revenue 1Y (TTM)58.42%
Revenue growth 3Y80.63%
Revenue growth 5Y15.82%
Sales Q2Q%187.93%
3.2 Future
- Based on estimates for the next years, ASM will show a very strong growth in Earnings Per Share. The EPS will grow by 78.17% on average per year.
- Based on estimates for the next years, ASM will show a small growth in Revenue. The Revenue will grow by 3.30% on average per year.
EPS Next Y263.6%
EPS Next 2Y150.24%
EPS Next 3Y78.17%
EPS Next 5YN/A
Revenue Next Year34.48%
Revenue Next 2Y37.12%
Revenue Next 3Y22.79%
Revenue Next 5Y3.3%
3.3 Evolution
- 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
- The Price/Earnings ratio is 52.19, which means the current valuation is very expensive for ASM.
- Compared to the rest of the industry, the Price/Earnings ratio of ASM indicates a rather cheap valuation: ASM is cheaper than 87.68% of the companies listed in the same industry.
- ASM is valuated expensively when we compare the Price/Earnings ratio to 28.82, which is the current average of the S&P500 Index.
- A Price/Forward Earnings ratio of 32.90 indicates a quite expensive valuation of ASM.
- Based on the Price/Forward Earnings ratio, ASM is valued cheaper than 88.41% of the companies in the same industry.
- ASM's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 25.95.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 52.19 | ||
| Fwd PE | 32.9 |
4.2 Price Multiples
- ASM's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. ASM is cheaper than 90.00% of the companies in the same industry.
- ASM's Price/Free Cash Flow ratio is rather cheap when compared to the industry. ASM is cheaper than 90.49% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 187.14 | ||
| EV/EBITDA | 44.87 |
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.
- ASM has a very decent profitability rating, which may justify a higher PE ratio.
- ASM's earnings are expected to grow with 78.17% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.2
PEG (5Y)N/A
EPS Next 2Y150.24%
EPS Next 3Y78.17%
5. Dividend
5.1 Amount
- No dividends for ASM!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
AVINO SILVER & GOLD MINES / ASM.CA FAQ
Can you provide the ChartMill fundamental rating for AVINO SILVER & GOLD MINES?
ChartMill assigns a fundamental rating of 6 / 10 to ASM.CA.
Can you provide the valuation status for AVINO SILVER & GOLD MINES?
ChartMill assigns a valuation rating of 6 / 10 to AVINO SILVER & GOLD MINES (ASM.CA). This can be considered as Fairly Valued.
Can you provide the profitability details for AVINO SILVER & GOLD MINES?
AVINO SILVER & GOLD MINES (ASM.CA) has a profitability rating of 7 / 10.
What is the valuation of AVINO SILVER & GOLD MINES based on its PE and PB ratios?
The Price/Earnings (PE) ratio for AVINO SILVER & GOLD MINES (ASM.CA) is 52.19 and the Price/Book (PB) ratio is 8.87.