FIRST MAJESTIC SILVER CORP (FMV.DE) Stock Fundamental Analysis
FRA:FMV - Deutsche Boerse Ag - CA32076V1031 - Common Stock - Currency: EUR
Taking everything into account, FMV scores 4 out of 10 in our fundamental rating. FMV was compared to 40 industry peers in the Metals & Mining industry. No worries on liquidiy or solvency for FMV as it has an excellent financial health rating, but there are worries on the profitability. FMV has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
FMV had negative earnings in the past year.
FMV had a positive operating cash flow in the past year.
In the past 5 years FMV reported 4 times negative net income.
FMV had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of -5.13%, FMV is doing worse than 85.00% of the companies in the same industry.
The Return On Equity of FMV (-7.42%) is worse than 72.50% of its industry peers.
Looking at the Return On Invested Capital, with a value of 0.63%, FMV is doing worse than 67.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -5.13% | ||
| ROE | -7.42% | ||
| ROIC | 0.63% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With a Operating Margin value of 3.02%, FMV is not doing good in the industry: 62.50% of the companies in the same industry are doing better.
In the last couple of years the Operating Margin of FMV has declined.
With a Gross Margin value of 16.71%, FMV perfoms like the industry average, outperforming 47.50% of the companies in the same industry.
FMV's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.02% | ||
| PM (TTM) | N/A | ||
| GM | 16.71% |
OM growth 3Y-29.38%
OM growth 5Y-16.12%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.28%
GM growth 5Y-14.71%
2. Health
2.1 Basic Checks
FMV has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
There is no outstanding debt for FMV. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
An Altman-Z score of 2.81 indicates that FMV is not a great score, but indicates only limited risk for bankruptcy at the moment.
FMV's Altman-Z score of 2.81 is amongst the best of the industry. FMV outperforms 82.50% of its industry peers.
FMV has a debt to FCF ratio of 6.94. This is a slightly negative value and a sign of low solvency as FMV would need 6.94 years to pay back of all of its debts.
FMV's Debt to FCF ratio of 6.94 is fine compared to the rest of the industry. FMV outperforms 67.50% of its industry peers.
FMV has a Debt/Equity ratio of 0.17. This is a healthy value indicating a solid balance between debt and equity.
FMV has a Debt to Equity ratio of 0.17. This is in the better half of the industry: FMV outperforms 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 6.94 | ||
| Altman-Z | 2.81 |
ROIC/WACC0.07
WACC9.24%
2.3 Liquidity
FMV has a Current Ratio of 3.05. This indicates that FMV is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 3.05, FMV belongs to the top of the industry, outperforming 90.00% of the companies in the same industry.
FMV has a Quick Ratio of 2.44. This indicates that FMV is financially healthy and has no problem in meeting its short term obligations.
FMV has a Quick ratio of 2.44. This is amongst the best in the industry. FMV outperforms 90.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.05 | ||
| Quick Ratio | 2.44 |
3. Growth
3.1 Past
FMV shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -44.44%.
The Revenue has decreased by -2.30% in the past year.
Measured over the past years, FMV shows a quite strong growth in Revenue. The Revenue has been growing by 9.02% on average per year.
EPS 1Y (TTM)-44.44%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%200%
Revenue 1Y (TTM)-2.3%
Revenue growth 3Y-1.36%
Revenue growth 5Y9.02%
Sales Q2Q%25.85%
3.2 Future
Based on estimates for the next years, FMV will show a very strong growth in Earnings Per Share. The EPS will grow by 52.52% on average per year.
Based on estimates for the next years, FMV will show a very strong growth in Revenue. The Revenue will grow by 36.66% on average per year.
EPS Next Y378.89%
EPS Next 2Y131.16%
EPS Next 3Y68.47%
EPS Next 5Y52.52%
Revenue Next Year62.04%
Revenue Next 2Y36.66%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
FMV reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
FMV is valuated correctly with a Price/Forward Earnings ratio of 16.03.
The rest of the industry has a similar Price/Forward Earnings ratio as FMV.
FMV is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.10, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 16.03 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FMV is valued a bit more expensive than 75.00% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of FMV is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 76.11 | ||
| EV/EBITDA | 19.62 |
4.3 Compensation for Growth
FMV's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
FMV's earnings are expected to grow with 68.47% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y131.16%
EPS Next 3Y68.47%
5. Dividend
5.1 Amount
With a yearly dividend of 0.39%, FMV is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.52, FMV is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.33, FMV's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.39% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
FMV has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-5.2%
EPS Next 2Y131.16%
EPS Next 3Y68.47%
FRA:FMV (3/7/2025, 7:00:00 PM)
5.354
-0.13 (-2.3%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners39.36%
Inst Owner ChangeN/A
Ins Owners1.01%
Ins Owner ChangeN/A
Market Cap2.58B
Analysts76.92
Price Target6.57 (22.71%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.39% |
Yearly Dividend0.02
Dividend Growth(5Y)N/A
DP-5.2%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-116.55%
Min EPS beat(2)-205.91%
Max EPS beat(2)-27.18%
EPS beat(4)0
Avg EPS beat(4)-180.59%
Min EPS beat(4)-249.44%
Max EPS beat(4)-27.18%
EPS beat(8)3
Avg EPS beat(8)-113.3%
EPS beat(12)3
Avg EPS beat(12)-126.05%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)2.56%
Min Revenue beat(2)-0.11%
Max Revenue beat(2)5.23%
Revenue beat(4)2
Avg Revenue beat(4)-1.1%
Min Revenue beat(4)-16.99%
Max Revenue beat(4)7.48%
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)-4.11%
PT rev (3m)-3.87%
EPS NQ rev (1m)0%
EPS NQ rev (3m)59.09%
EPS NY rev (1m)9.32%
EPS NY rev (3m)35.38%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)11.29%
Revenue NY rev (3m)24.97%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 16.03 | ||
| P/S | 5 | ||
| P/FCF | 76.11 | ||
| P/OCF | 18.46 | ||
| P/B | 2.04 | ||
| P/tB | 2.04 | ||
| EV/EBITDA | 19.62 |
EPS(TTM)-0.12
EYN/A
EPS(NY)0.33
Fwd EY6.24%
FCF(TTM)0.07
FCFY1.31%
OCF(TTM)0.29
OCFY5.42%
SpS1.07
BVpS2.62
TBVpS2.62
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -5.13% | ||
| ROE | -7.42% | ||
| ROCE | 0.9% | ||
| ROIC | 0.63% | ||
| ROICexc | 0.71% | ||
| ROICexgc | 0.71% | ||
| OM | 3.02% | ||
| PM (TTM) | N/A | ||
| GM | 16.71% | ||
| FCFM | 6.57% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
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 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-29.38%
OM growth 5Y-16.12%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.28%
GM growth 5Y-14.71%
F-Score5
Asset Turnover0.28
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 6.94 | ||
| Debt/EBITDA | 1.67 | ||
| Cap/Depr | 91.74% | ||
| Cap/Sales | 20.54% | ||
| Interest Coverage | 1.93 | ||
| Cash Conversion | 106.72% | ||
| Profit Quality | N/A | ||
| Current Ratio | 3.05 | ||
| Quick Ratio | 2.44 | ||
| Altman-Z | 2.81 |
F-Score5
WACC9.24%
ROIC/WACC0.07
Cap/Depr(3y)121.95%
Cap/Depr(5y)145.81%
Cap/Sales(3y)26.95%
Cap/Sales(5y)28.93%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-44.44%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%200%
EPS Next Y378.89%
EPS Next 2Y131.16%
EPS Next 3Y68.47%
EPS Next 5Y52.52%
Revenue 1Y (TTM)-2.3%
Revenue growth 3Y-1.36%
Revenue growth 5Y9.02%
Sales Q2Q%25.85%
Revenue Next Year62.04%
Revenue Next 2Y36.66%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y148.45%
EBIT growth 3Y-30.34%
EBIT growth 5Y-8.55%
EBIT Next Year48.43%
EBIT Next 3Y35.89%
EBIT Next 5Y27.4%
FCF growth 1Y143.28%
FCF growth 3YN/A
FCF growth 5Y11.46%
OCF growth 1Y149.82%
OCF growth 3Y30.28%
OCF growth 5Y1.65%