AVINO SILVER & GOLD MINES (ASM) Stock Fundamental Analysis
NYSEARCA:ASM - NYSE Arca - CA0539061030 - Common Stock - Currency: USD
Overall ASM gets a fundamental rating of 5 out of 10. We evaluated ASM against 151 industry peers in the Metals & Mining industry. ASM is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. ASM is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
ASM had positive earnings in the past year.
ASM had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: ASM reported negative net income in multiple years.
Each year in the past 5 years ASM had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 2.64%, ASM is doing good in the industry, outperforming 68.53% of the companies in the same industry.
With a decent Return On Equity value of 3.12%, ASM is doing good in the industry, outperforming 62.94% of the companies in the same industry.
ASM has a better Return On Invested Capital (5.10%) than 65.03% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.64% | ||
| ROE | 3.12% | ||
| ROIC | 5.1% |
ROA(3y)0.2%
ROA(5y)-10.77%
ROE(3y)0.35%
ROE(5y)-14.06%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of ASM (6.57%) is better than 75.52% of its industry peers.
ASM's Profit Margin has declined in the last couple of years.
ASM has a better Operating Margin (14.71%) than 72.73% of its industry peers.
In the last couple of years the Operating Margin of ASM has declined.
With a decent Gross Margin value of 29.80%, ASM is doing good in the industry, outperforming 69.93% of the companies in the same industry.
ASM's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.71% | ||
| PM (TTM) | 6.57% | ||
| GM | 29.8% |
OM growth 3YN/A
OM growth 5Y-33.59%
PM growth 3YN/A
PM growth 5Y-23.71%
GM growth 3Y151.02%
GM growth 5Y0.41%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ASM is destroying value.
ASM has more shares outstanding than it did 1 year ago.
ASM has more shares outstanding than it did 5 years ago.
The debt/assets ratio for ASM has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 6.29 indicates that ASM is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 6.29, ASM is in the better half of the industry, outperforming 74.83% of the companies in the same industry.
ASM has a debt to FCF ratio of 1.57. This is a very positive value and a sign of high solvency as it would only need 1.57 years to pay back of all of its debts.
ASM's Debt to FCF ratio of 1.57 is amongst the best of the industry. ASM outperforms 80.42% of its industry peers.
ASM has a Debt/Equity ratio of 0.01. This is a healthy value indicating a solid balance between debt and equity.
ASM has a better Debt to Equity ratio (0.01) than 75.52% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 1.57 | ||
| Altman-Z | 6.29 |
ROIC/WACC0.55
WACC9.34%
2.3 Liquidity
A Current Ratio of 2.36 indicates that ASM has no problem at all paying its short term obligations.
With a Current ratio value of 2.36, ASM perfoms like the industry average, outperforming 54.55% of the companies in the same industry.
A Quick Ratio of 1.43 indicates that ASM should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.43, ASM perfoms like the industry average, outperforming 48.95% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.36 | ||
| Quick Ratio | 1.43 |
3. Growth
3.1 Past
ASM shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -33.33%.
ASM shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -12.84% yearly.
The Revenue has grown by 18.05% in the past year. This is quite good.
Measured over the past years, ASM shows a small growth in Revenue. The Revenue has been growing by 5.16% on average per year.
EPS 1Y (TTM)-33.33%
EPS 3YN/A
EPS 5Y-12.84%
EPS Q2Q%0%
Revenue 1Y (TTM)18.05%
Revenue growth 3Y39.93%
Revenue growth 5Y5.16%
Sales Q2Q%18.64%
3.2 Future
ASM is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 68.60% yearly.
Based on estimates for the next years, ASM will show a quite strong growth in Revenue. The Revenue will grow by 10.26% on average per year.
EPS Next Y236.68%
EPS Next 2Y128.43%
EPS Next 3Y117.95%
EPS Next 5Y68.6%
Revenue Next Year29.14%
Revenue Next 2Y30.05%
Revenue Next 3Y31.33%
Revenue Next 5Y10.26%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better 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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 68.00, ASM can be considered very expensive at the moment.
ASM's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 29.63, ASM is valued quite expensively.
The Price/Forward Earnings ratio is 13.03, which indicates a correct valuation of ASM.
69.23% of the companies in the same industry are more expensive than ASM, based on the Price/Forward Earnings ratio.
ASM is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.68, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 68 | ||
| Fwd PE | 13.03 |
4.2 Price Multiples
ASM's Enterprise Value to EBITDA is on the same level as the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ASM is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 95.16 | ||
| EV/EBITDA | 17.97 |
4.3 Compensation for Growth
ASM's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
ASM's earnings are expected to grow with 117.95% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.29
PEG (5Y)N/A
EPS Next 2Y128.43%
EPS Next 3Y117.95%
5. Dividend
5.1 Amount
No dividends for ASM!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
1.36
-0.11 (-7.48%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners10.25%
Inst Owner Change1.68%
Ins Owners1.06%
Ins Owner ChangeN/A
Market Cap191.08M
Analysts80
Price Target1.46 (7.35%)
Short Float %0.24%
Short Ratio0.24
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-58.75%
Min EPS beat(2)-67%
Max EPS beat(2)-50.49%
EPS beat(4)0
Avg EPS beat(4)-79.37%
Min EPS beat(4)-100%
Max EPS beat(4)-50.49%
EPS beat(8)0
Avg EPS beat(8)-64.93%
EPS beat(12)3
Avg EPS beat(12)-6.33%
EPS beat(16)5
Avg EPS beat(16)-21.37%
Revenue beat(2)1
Avg Revenue beat(2)-5.46%
Min Revenue beat(2)-14.7%
Max Revenue beat(2)3.78%
Revenue beat(4)1
Avg Revenue beat(4)-8.96%
Min Revenue beat(4)-14.72%
Max Revenue beat(4)3.78%
Revenue beat(8)2
Avg Revenue beat(8)-11.98%
Revenue beat(12)3
Avg Revenue beat(12)-10.07%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-25.02%
PT rev (3m)-31.76%
EPS NQ rev (1m)0%
EPS NQ rev (3m)50%
EPS NY rev (1m)42.85%
EPS NY rev (3m)17.65%
Revenue NQ rev (1m)-5.88%
Revenue NQ rev (3m)8.21%
Revenue NY rev (1m)3.26%
Revenue NY rev (3m)1.7%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 68 | ||
| Fwd PE | 13.03 | ||
| P/S | 3.52 | ||
| P/FCF | 95.16 | ||
| P/OCF | 23.33 | ||
| P/B | 1.67 | ||
| P/tB | 1.67 | ||
| EV/EBITDA | 17.97 |
EPS(TTM)0.02
EY1.47%
EPS(NY)0.1
Fwd EY7.67%
FCF(TTM)0.01
FCFY1.05%
OCF(TTM)0.06
OCFY4.29%
SpS0.39
BVpS0.81
TBVpS0.81
PEG (NY)0.29
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.64% | ||
| ROE | 3.12% | ||
| ROCE | 6.46% | ||
| ROIC | 5.1% | ||
| ROICexc | 5.45% | ||
| ROICexgc | 5.45% | ||
| OM | 14.71% | ||
| PM (TTM) | 6.57% | ||
| GM | 29.8% | ||
| FCFM | 3.7% |
ROA(3y)0.2%
ROA(5y)-10.77%
ROE(3y)0.35%
ROE(5y)-14.06%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y-32.33%
ROICexc growth 3YN/A
ROICexc growth 5Y-32.33%
OM growth 3YN/A
OM growth 5Y-33.59%
PM growth 3YN/A
PM growth 5Y-23.71%
GM growth 3Y151.02%
GM growth 5Y0.41%
F-Score8
Asset Turnover0.4
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 1.57 | ||
| Debt/EBITDA | 0.13 | ||
| Cap/Depr | 190.66% | ||
| Cap/Sales | 11.38% | ||
| Interest Coverage | 34.15 | ||
| Cash Conversion | 72.91% | ||
| Profit Quality | 56.23% | ||
| Current Ratio | 2.36 | ||
| Quick Ratio | 1.43 | ||
| Altman-Z | 6.29 |
F-Score8
WACC9.34%
ROIC/WACC0.55
Cap/Depr(3y)571.81%
Cap/Depr(5y)414.91%
Cap/Sales(3y)37.98%
Cap/Sales(5y)31.27%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-33.33%
EPS 3YN/A
EPS 5Y-12.84%
EPS Q2Q%0%
EPS Next Y236.68%
EPS Next 2Y128.43%
EPS Next 3Y117.95%
EPS Next 5Y68.6%
Revenue 1Y (TTM)18.05%
Revenue growth 3Y39.93%
Revenue growth 5Y5.16%
Sales Q2Q%18.64%
Revenue Next Year29.14%
Revenue Next 2Y30.05%
Revenue Next 3Y31.33%
Revenue Next 5Y10.26%
EBIT growth 1Y275.16%
EBIT growth 3YN/A
EBIT growth 5Y-30.16%
EBIT Next Year263.2%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y119.16%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-31.91%
OCF growth 3Y177.01%
OCF growth 5Y-30.57%