AVINO SILVER & GOLD MINES (ASM) Stock Fundamental Analysis
USA - NYSEARCA:ASM - CA0539061030 - Common Stock
4.6 USD
+0.23 (+5.26%)
4.6094 USD
+0.01 (+0.2%)
We assign a fundamental rating of 6 out of 10 to ASM. ASM was compared to 156 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 has a correct valuation and a medium growth rate. These ratings would make ASM suitable for quality investing!
1. Profitability
1.1 Basic Checks
In the past year ASM was profitable.
In the past year ASM had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: ASM reported negative net income in multiple years.
In the past 5 years ASM always reported a positive cash flow from operatings.
1.2 Ratios
ASM's Return On Assets of 8.32% is amongst the best of the industry. ASM outperforms 86.54% of its industry peers.
The Return On Equity of ASM (9.92%) is better than 76.28% of its industry peers.
With an excellent Return On Invested Capital value of 13.00%, ASM belongs to the best of the industry, outperforming 91.03% of the companies in the same industry.
ASM had an Average Return On Invested Capital over the past 3 years of 5.24%. This is significantly below the industry average of 12.92%.
The last Return On Invested Capital (13.00%) for ASM is above the 3 year average (5.24%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.32% | ||
| ROE | 9.92% | ||
| ROIC | 13% |
ROA(3y)2.81%
ROA(5y)-1.02%
ROE(3y)3.38%
ROE(5y)-1.09%
ROIC(3y)5.24%
ROIC(5y)N/A
1.3 Margins
ASM has a Profit Margin of 18.06%. This is amongst the best in the industry. ASM outperforms 86.54% of its industry peers.
ASM has a better Operating Margin (32.38%) than 85.26% of its industry peers.
With an excellent Gross Margin value of 44.85%, ASM belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
In the last couple of years the Gross Margin of ASM has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 32.38% | ||
| PM (TTM) | 18.06% | ||
| GM | 44.85% |
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so ASM is still creating some value.
Compared to 1 year ago, ASM has more shares outstanding
The number of shares outstanding for ASM has been increased compared to 5 years ago.
ASM has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 16.42 indicates that ASM is not in any danger for bankruptcy at the moment.
ASM's Altman-Z score of 16.42 is amongst the best of the industry. ASM outperforms 82.69% of its industry peers.
ASM has a debt to FCF ratio of 0.33. This is a very positive value and a sign of high solvency as it would only need 0.33 years to pay back of all of its debts.
The Debt to FCF ratio of ASM (0.33) is better than 92.31% of its industry peers.
ASM has a Debt/Equity ratio of 0.02. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.02, ASM is doing good in the industry, outperforming 73.08% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.33 | ||
| Altman-Z | 16.42 |
ROIC/WACC1.46
WACC8.93%
2.3 Liquidity
ASM has a Current Ratio of 3.11. This indicates that ASM is financially healthy and has no problem in meeting its short term obligations.
ASM has a better Current ratio (3.11) than 62.82% of its industry peers.
ASM has a Quick Ratio of 2.45. This indicates that ASM is financially healthy and has no problem in meeting its short term obligations.
ASM has a Quick ratio of 2.45. This is in the better half of the industry: ASM outperforms 66.03% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.11 | ||
| Quick Ratio | 2.45 |
3. Growth
3.1 Past
ASM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 600.00%, which is quite impressive.
Looking at the last year, ASM shows a very strong growth in Revenue. The Revenue has grown by 50.78%.
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)600%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%500%
Revenue 1Y (TTM)50.78%
Revenue growth 3Y80.63%
Revenue growth 5Y15.82%
Sales Q2Q%47.46%
3.2 Future
The Earnings Per Share is expected to grow by 78.17% on average over the next years. This is a very strong growth
ASM is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.30% yearly.
EPS Next Y216.47%
EPS Next 2Y130.64%
EPS Next 3Y78.17%
EPS Next 5YN/A
Revenue Next Year31.34%
Revenue Next 2Y35.8%
Revenue Next 3Y14.9%
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
With a Price/Earnings ratio of 32.86, ASM can be considered very expensive at the moment.
ASM's Price/Earnings ratio is a bit cheaper when compared to the industry. ASM is cheaper than 67.95% of the companies in the same industry.
ASM is valuated rather expensively when we compare the Price/Earnings ratio to 27.27, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 17.30 indicates a rather expensive valuation of ASM.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ASM indicates a somewhat cheap valuation: ASM is cheaper than 62.18% of the companies listed in the same industry.
ASM is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.77, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.86 | ||
| Fwd PE | 17.3 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as ASM.
68.59% of the companies in the same industry are more expensive than ASM, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 45.52 | ||
| EV/EBITDA | 23.53 |
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 has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as ASM's earnings are expected to grow with 78.17% in the coming years.
PEG (NY)0.15
PEG (5Y)N/A
EPS Next 2Y130.64%
EPS Next 3Y78.17%
5. Dividend
5.1 Amount
No dividends for ASM!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
4.6
+0.23 (+5.26%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners9.91%
Inst Owner Change117.72%
Ins Owners4%
Ins Owner ChangeN/A
Market Cap689.40M
Analysts80
Price Target3.24 (-29.57%)
Short Float %7.44%
Short Ratio2.02
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)1
Avg EPS beat(2)15.51%
Min EPS beat(2)-0.99%
Max EPS beat(2)32.01%
EPS beat(4)1
Avg EPS beat(4)-21.62%
Min EPS beat(4)-67%
Max EPS beat(4)32.01%
EPS beat(8)1
Avg EPS beat(8)-48.43%
EPS beat(12)2
Avg EPS beat(12)-40.87%
EPS beat(16)4
Avg EPS beat(16)-21.62%
Revenue beat(2)2
Avg Revenue beat(2)31.91%
Min Revenue beat(2)14.98%
Max Revenue beat(2)48.83%
Revenue beat(4)3
Avg Revenue beat(4)13.22%
Min Revenue beat(4)-14.7%
Max Revenue beat(4)48.83%
Revenue beat(8)3
Avg Revenue beat(8)-2.78%
Revenue beat(12)4
Avg Revenue beat(12)-6.33%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)16.87%
PT rev (3m)-16.36%
EPS NQ rev (1m)0%
EPS NQ rev (3m)20%
EPS NY rev (1m)42.43%
EPS NY rev (3m)42.43%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)9.99%
Revenue NY rev (1m)2.75%
Revenue NY rev (3m)10.09%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.86 | ||
| Fwd PE | 17.3 | ||
| P/S | 9.49 | ||
| P/FCF | 45.52 | ||
| P/OCF | 32.01 | ||
| P/B | 5.21 | ||
| P/tB | 5.21 | ||
| EV/EBITDA | 23.53 |
EPS(TTM)0.14
EY3.04%
EPS(NY)0.27
Fwd EY5.78%
FCF(TTM)0.1
FCFY2.2%
OCF(TTM)0.14
OCFY3.12%
SpS0.48
BVpS0.88
TBVpS0.88
PEG (NY)0.15
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.32% | ||
| ROE | 9.92% | ||
| ROCE | 16.46% | ||
| ROIC | 13% | ||
| ROICexc | 15.98% | ||
| ROICexgc | 15.98% | ||
| OM | 32.38% | ||
| PM (TTM) | 18.06% | ||
| GM | 44.85% | ||
| FCFM | 20.86% |
ROA(3y)2.81%
ROA(5y)-1.02%
ROE(3y)3.38%
ROE(5y)-1.09%
ROIC(3y)5.24%
ROIC(5y)N/A
ROICexc(3y)6.29%
ROICexc(5y)N/A
ROICexgc(3y)6.29%
ROICexgc(5y)N/A
ROCE(3y)6.75%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y5.18%
GM growth 5YN/A
F-Score7
Asset Turnover0.46
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.33 | ||
| Debt/EBITDA | 0.09 | ||
| Cap/Depr | 187.86% | ||
| Cap/Sales | 8.8% | ||
| Interest Coverage | 97.18 | ||
| Cash Conversion | 80% | ||
| Profit Quality | 115.46% | ||
| Current Ratio | 3.11 | ||
| Quick Ratio | 2.45 | ||
| Altman-Z | 16.42 |
F-Score7
WACC8.93%
ROIC/WACC1.46
Cap/Depr(3y)585.92%
Cap/Depr(5y)405.27%
Cap/Sales(3y)31.76%
Cap/Sales(5y)27.58%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)600%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%500%
EPS Next Y216.47%
EPS Next 2Y130.64%
EPS Next 3Y78.17%
EPS Next 5YN/A
Revenue 1Y (TTM)50.78%
Revenue growth 3Y80.63%
Revenue growth 5Y15.82%
Sales Q2Q%47.46%
Revenue Next Year31.34%
Revenue Next 2Y35.8%
Revenue Next 3Y14.9%
Revenue Next 5Y3.3%
EBIT growth 1Y3501.38%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year101.11%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y292.7%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y143.88%
OCF growth 3Y494.6%
OCF growth 5Y33.22%