YAMANA GOLD INC (AUY) Stock Fundamental Analysis
NYSE:AUY - New York Stock Exchange, Inc. - CA98462Y1007 - Common Stock - Currency: USD
Taking everything into account, AUY scores 3 out of 10 in our fundamental rating. AUY was compared to 152 industry peers in the Metals & Mining industry. While AUY is still in line with the averages on profitability rating, there are concerns on its financial health. AUY has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year AUY was profitable.
In the past year AUY had a positive cash flow from operations.
In multiple years AUY reported negative net income over the last 5 years.
Each year in the past 5 years AUY had a positive operating cash flow.
1.2 Ratios
AUY has negative profitability rations, so we won't be analyzing them here.
Looking at the Return On Invested Capital, with a value of 4.29%, AUY is in line with its industry, outperforming 58.22% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for AUY is below the industry average of 8.57%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | N/A | ||
| ROE | N/A | ||
| ROIC | 4.29% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)5.16%
ROIC(5y)N/A
1.3 Margins
The Operating Margin of AUY (17.93%) is better than 71.92% of its industry peers.
AUY's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 56.94%, AUY belongs to the top of the industry, outperforming 89.73% of the companies in the same industry.
In the last couple of years the Gross Margin of AUY has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.93% | ||
| PM (TTM) | N/A | ||
| GM | 56.94% |
OM growth 3Y5.08%
OM growth 5Y11.32%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.44%
GM growth 5Y6.17%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), AUY is destroying value.
Compared to 1 year ago, AUY has about the same amount of shares outstanding.
AUY has a worse debt/assets ratio than last year.
2.2 Solvency
AUY has an Altman-Z score of 0.60. This is a bad value and indicates that AUY is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.60, AUY is doing worse than 81.51% of the companies in the same industry.
AUY has a debt to FCF ratio of 36.55. This is a negative value and a sign of low solvency as AUY would need 36.55 years to pay back of all of its debts.
AUY has a Debt to FCF ratio of 36.55. This is in the better half of the industry: AUY outperforms 60.27% of its industry peers.
AUY has a Debt/Equity ratio of 0.25. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.25, AUY is in line with its industry, outperforming 41.10% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.25 | ||
| Debt/FCF | 36.55 | ||
| Altman-Z | 0.6 |
ROIC/WACC0.41
WACC10.41%
2.3 Liquidity
AUY has a Current Ratio of 1.44. This is a normal value and indicates that AUY is financially healthy and should not expect problems in meeting its short term obligations.
AUY has a Current ratio of 1.44. This is amonst the worse of the industry: AUY underperforms 84.93% of its industry peers.
AUY has a Quick Ratio of 1.00. This is a normal value and indicates that AUY is financially healthy and should not expect problems in meeting its short term obligations.
AUY's Quick ratio of 1.00 is on the low side compared to the rest of the industry. AUY is outperformed by 76.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.44 | ||
| Quick Ratio | 1 |
3. Growth
3.1 Past
AUY shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -3.23%.
Measured over the past years, AUY shows a very strong growth in Earnings Per Share. The EPS has been growing by 37.97% on average per year.
The Revenue has decreased by -0.45% in the past year.
Measured over the past years, AUY shows a small growth in Revenue. The Revenue has been growing by 0.04% on average per year.
EPS 1Y (TTM)-3.23%
EPS 3Y44.23%
EPS 5Y37.97%
EPS Q2Q%-30%
Revenue 1Y (TTM)-0.45%
Revenue growth 3Y3.88%
Revenue growth 5Y0.04%
Sales Q2Q%-9.23%
3.2 Future
The Earnings Per Share is expected to decrease by -44.78% on average over the next years. This is quite bad
Based on estimates for the next years, AUY will show a decrease in Revenue. The Revenue will decrease by -3.15% on average per year.
EPS Next Y-9.36%
EPS Next 2Y-5.84%
EPS Next 3Y-44.78%
EPS Next 5YN/A
Revenue Next Year-0.27%
Revenue Next 2Y-0.71%
Revenue Next 3Y-3.15%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 19.50, AUY is valued on the expensive side.
Based on the Price/Earnings ratio, AUY is valued a bit cheaper than 67.12% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 28.79. AUY is valued slightly cheaper when compared to this.
With a Price/Forward Earnings ratio of 21.51, AUY is valued on the expensive side.
AUY's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. AUY is cheaper than 61.64% of the companies in the same industry.
AUY is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 21.38, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.5 | ||
| Fwd PE | 21.51 |
4.2 Price Multiples
AUY's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. AUY is cheaper than 65.75% of the companies in the same industry.
The rest of the industry has a similar Price/Free Cash Flow ratio as AUY.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 241.58 | ||
| EV/EBITDA | 7.69 |
4.3 Compensation for Growth
AUY's earnings are expected to decrease with -44.78% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.51
EPS Next 2Y-5.84%
EPS Next 3Y-44.78%
5. Dividend
5.1 Amount
AUY has a Yearly Dividend Yield of 1.26%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.97, AUY pays a bit more dividend than its industry peers.
With a Dividend Yield of 1.26, AUY pays less dividend than the S&P500 average, which is at 2.51.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.26% |
5.2 History
AUY has been paying a dividend for at least 10 years, so it has a reliable track record.
As AUY did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)N/A
Div Incr Years4
Div Non Decr Years6
5.3 Sustainability
The earnings of AUY are negative and hence is the payout ratio. AUY will probably not be able to sustain this dividend level.
DP-11.67%
EPS Next 2Y-5.84%
EPS Next 3Y-44.78%
5.85
-0.04 (-0.68%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners0.03%
Inst Owner Change0%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap5.63B
Analysts73.33
Price Target6.48 (10.77%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.26% |
Yearly Dividend0.3
Dividend Growth(5Y)N/A
DP-11.67%
Div Incr Years4
Div Non Decr Years6
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)19.14%
Min EPS beat(2)16.48%
Max EPS beat(2)21.8%
EPS beat(4)4
Avg EPS beat(4)24.88%
Min EPS beat(4)16.48%
Max EPS beat(4)36.78%
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)0
Avg Revenue beat(2)-2.48%
Min Revenue beat(2)-2.82%
Max Revenue beat(2)-2.13%
Revenue beat(4)1
Avg Revenue beat(4)-1.46%
Min Revenue beat(4)-4.44%
Max Revenue beat(4)3.55%
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)32.11%
PT rev (3m)42.14%
EPS NQ rev (1m)0%
EPS NQ rev (3m)15.63%
EPS NY rev (1m)0%
EPS NY rev (3m)18.6%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.12%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.5 | ||
| Fwd PE | 21.51 | ||
| P/S | 3.11 | ||
| P/FCF | 241.58 | ||
| P/OCF | 10.66 | ||
| P/B | 1.72 | ||
| P/tB | 1.95 | ||
| EV/EBITDA | 7.69 |
EPS(TTM)0.3
EY5.13%
EPS(NY)0.27
Fwd EY4.65%
FCF(TTM)0.02
FCFY0.41%
OCF(TTM)0.55
OCFY9.38%
SpS1.88
BVpS3.41
TBVpS3.01
PEG (NY)N/A
PEG (5Y)0.51
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | N/A | ||
| ROE | N/A | ||
| ROCE | N/A | ||
| ROIC | 4.29% | ||
| ROICexc | 4.59% | ||
| ROICexgc | 4.93% | ||
| OM | 17.93% | ||
| PM (TTM) | N/A | ||
| GM | 56.94% | ||
| FCFM | N/A |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)5.16%
ROIC(5y)N/A
ROICexc(3y)4.86%
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3Y15.46%
ROICexcg growth 5Y19.42%
ROICexc growth 3Y15.08%
ROICexc growth 5Y19.12%
OM growth 3Y5.08%
OM growth 5Y11.32%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.44%
GM growth 5Y6.17%
F-Score3
Asset Turnover0.28
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.25 | ||
| Debt/FCF | 36.55 | ||
| Debt/EBITDA | 1.08 | ||
| Cap/Depr | 108.14% | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.44 | ||
| Quick Ratio | 1 | ||
| Altman-Z | 0.6 |
F-Score3
WACC10.41%
ROIC/WACC0.41
Cap/Depr(3y)87.77%
Cap/Depr(5y)87.12%
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-3.23%
EPS 3Y44.23%
EPS 5Y37.97%
EPS Q2Q%-30%
EPS Next Y-9.36%
EPS Next 2Y-5.84%
EPS Next 3Y-44.78%
EPS Next 5YN/A
Revenue 1Y (TTM)-0.45%
Revenue growth 3Y3.88%
Revenue growth 5Y0.04%
Sales Q2Q%-9.23%
Revenue Next Year-0.27%
Revenue Next 2Y-0.71%
Revenue Next 3Y-3.15%
Revenue Next 5YN/A
EBIT growth 1Y-37.38%
EBIT growth 3Y9.16%
EBIT growth 5Y11.36%
EBIT Next Year131.94%
EBIT Next 3Y19.93%
EBIT Next 5YN/A
FCF growth 1Y-93.49%
FCF growth 3Y-50.33%
FCF growth 5YN/A
OCF growth 1Y-28.86%
OCF growth 3Y0.4%
OCF growth 5Y2.03%