FIRST MAJESTIC SILVER CORP (FMV.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:FMV - CA32076V1031 - Common Stock
18.915 EUR
+1.35 (+7.69%)
We assign a fundamental rating of 5 out of 10 to FMV. FMV was compared to 43 industry peers in the Metals & Mining industry. While FMV has a great health rating, there are worries on its profitability. FMV is valued quite expensively, but it does show have an excellent growth rating.
1. Profitability
1.1 Basic Checks
- FMV had positive earnings in the past year.
- In the past year FMV had a positive cash flow from operations.
- In the past 5 years FMV reported 4 times negative net income.
- Each year in the past 5 years FMV had a positive operating cash flow.
1.2 Ratios
- FMV's Return On Assets of 1.61% is on the low side compared to the rest of the industry. FMV is outperformed by 62.79% of its industry peers.
- With a Return On Equity value of 2.63%, FMV is not doing good in the industry: 67.44% of the companies in the same industry are doing better.
- With a Return On Invested Capital value of 3.24%, FMV is not doing good in the industry: 60.47% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.61% | ||
| ROE | 2.63% | ||
| ROIC | 3.24% |
ROA(3y)-5.8%
ROA(5y)-3.15%
ROE(3y)-8.53%
ROE(5y)-4.64%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- FMV has a Profit Margin (7.07%) which is comparable to the rest of the industry.
- FMV's Operating Margin of 19.10% is fine compared to the rest of the industry. FMV outperforms 65.12% of its industry peers.
- FMV's Operating Margin has declined in the last couple of years.
- Looking at the Gross Margin, with a value of 27.78%, FMV is in line with its industry, outperforming 48.84% of the companies in the same industry.
- FMV's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.1% | ||
| PM (TTM) | 7.07% | ||
| GM | 27.78% |
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
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), FMV is destroying value.
- Compared to 1 year ago, FMV has more shares outstanding
- The number of shares outstanding for FMV has been increased compared to 5 years ago.
- FMV has a better debt/assets ratio than last year.
2.2 Solvency
- FMV has an Altman-Z score of 4.32. This indicates that FMV is financially healthy and has little risk of bankruptcy at the moment.
- With a decent Altman-Z score value of 4.32, FMV is doing good in the industry, outperforming 65.12% of the companies in the same industry.
- The Debt to FCF ratio of FMV is 1.56, which is an excellent value as it means it would take FMV, only 1.56 years of fcf income to pay off all of its debts.
- FMV has a Debt to FCF ratio of 1.56. This is in the better half of the industry: FMV outperforms 76.74% of its industry peers.
- A Debt/Equity ratio of 0.09 indicates that FMV is not too dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.09, FMV belongs to the top of the industry, outperforming 86.05% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 1.56 | ||
| Altman-Z | 4.32 |
ROIC/WACC0.34
WACC9.51%
2.3 Liquidity
- A Current Ratio of 3.38 indicates that FMV has no problem at all paying its short term obligations.
- FMV has a Current ratio of 3.38. This is amongst the best in the industry. FMV outperforms 93.02% of its industry peers.
- FMV has a Quick Ratio of 2.96. This indicates that FMV is financially healthy and has no problem in meeting its short term obligations.
- With an excellent Quick ratio value of 2.96, FMV belongs to the best of the industry, outperforming 93.02% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.38 | ||
| Quick Ratio | 2.96 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 200.00% over the past year.
- Looking at the last year, FMV shows a very strong growth in Revenue. The Revenue has grown by 83.84%.
- The Revenue has been growing by 9.02% on average over the past years. This is quite good.
EPS 1Y (TTM)200%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%333.33%
Revenue 1Y (TTM)83.84%
Revenue growth 3Y-1.36%
Revenue growth 5Y9.02%
Sales Q2Q%95.11%
3.2 Future
- The Earnings Per Share is expected to grow by 47.84% on average over the next years. This is a very strong growth
- The Revenue is expected to grow by 25.94% on average over the next years. This is a very strong growth
EPS Next Y320.26%
EPS Next 2Y158.05%
EPS Next 3Y95.8%
EPS Next 5Y47.84%
Revenue Next Year106.65%
Revenue Next 2Y56.7%
Revenue Next 3Y44.34%
Revenue Next 5Y25.94%
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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 118.22, FMV can be considered very expensive at the moment.
- FMV's Price/Earnings ratio is a bit more expensive when compared to the industry. FMV is more expensive than 69.77% of the companies in the same industry.
- FMV's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 27.38.
- FMV is valuated quite expensively with a Price/Forward Earnings ratio of 36.33.
- FMV's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. FMV is more expensive than 72.09% of the companies in the same industry.
- FMV's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 24.29.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 118.22 | ||
| Fwd PE | 36.33 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, FMV is valued a bit more expensive than the industry average as 69.77% of the companies are valued more cheaply.
- The rest of the industry has a similar Price/Free Cash Flow ratio as FMV.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 71.12 | ||
| EV/EBITDA | 25.11 |
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.
- A more expensive valuation may be justified as FMV's earnings are expected to grow with 95.80% in the coming years.
PEG (NY)0.37
PEG (5Y)N/A
EPS Next 2Y158.05%
EPS Next 3Y95.8%
5. Dividend
5.1 Amount
- FMV has a yearly dividend return of 0.12%, which is pretty low.
- Compared to an average industry Dividend Yield of 1.65, FMV is paying slightly less dividend.
- With a Dividend Yield of 0.12, FMV pays less dividend than the S&P500 average, which is at 1.84.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.12% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 12.79% of the earnings are spent on dividend by FMV. This is a low number and sustainable payout ratio.
DP12.79%
EPS Next 2Y158.05%
EPS Next 3Y95.8%
FRA:FMV (1/19/2026, 7:00:00 PM)
18.915
+1.35 (+7.69%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)11-05 2025-11-05/bmo
Earnings (Next)02-18 2026-02-18/amc
Inst Owners52.82%
Inst Owner ChangeN/A
Ins Owners1.07%
Ins Owner ChangeN/A
Market Cap9.29B
Revenue(TTM)965.57M
Net Income(TTM)68.31M
Analysts80
Price Target14.93 (-21.07%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.12% |
Yearly Dividend0.02
Dividend Growth(5Y)N/A
DP12.79%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)62.34%
Min EPS beat(2)-34.23%
Max EPS beat(2)158.9%
EPS beat(4)1
Avg EPS beat(4)20.97%
Min EPS beat(4)-34.23%
Max EPS beat(4)158.9%
EPS beat(8)2
Avg EPS beat(8)-73.49%
EPS beat(12)4
Avg EPS beat(12)-71.43%
EPS beat(16)4
Avg EPS beat(16)-92.21%
Revenue beat(2)0
Avg Revenue beat(2)-9.75%
Min Revenue beat(2)-10.14%
Max Revenue beat(2)-9.35%
Revenue beat(4)1
Avg Revenue beat(4)-4%
Min Revenue beat(4)-10.14%
Max Revenue beat(4)5.21%
Revenue beat(8)3
Avg Revenue beat(8)-2.51%
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)17.2%
PT rev (3m)58.15%
EPS NQ rev (1m)-12.5%
EPS NQ rev (3m)16.67%
EPS NY rev (1m)-4.14%
EPS NY rev (3m)73.75%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)8.48%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 118.22 | ||
| Fwd PE | 36.33 | ||
| P/S | 11.19 | ||
| P/FCF | 71.12 | ||
| P/OCF | 31.8 | ||
| P/B | 4.16 | ||
| P/tB | 4.16 | ||
| EV/EBITDA | 25.11 |
EPS(TTM)0.16
EY0.85%
EPS(NY)0.52
Fwd EY2.75%
FCF(TTM)0.27
FCFY1.41%
OCF(TTM)0.59
OCFY3.14%
SpS1.69
BVpS4.55
TBVpS4.55
PEG (NY)0.37
PEG (5Y)N/A
Graham Number4.05
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.61% | ||
| ROE | 2.63% | ||
| ROCE | 4.6% | ||
| ROIC | 3.24% | ||
| ROICexc | 3.78% | ||
| ROICexgc | 3.78% | ||
| OM | 19.1% | ||
| PM (TTM) | 7.07% | ||
| GM | 27.78% | ||
| FCFM | 15.74% |
ROA(3y)-5.8%
ROA(5y)-3.15%
ROE(3y)-8.53%
ROE(5y)-4.64%
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
ROICexgc growth 3Y-32.27%
ROICexgc growth 5Y-22.93%
ROICexc growth 3Y-32.27%
ROICexc growth 5Y-22.93%
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-Score7
Asset Turnover0.23
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 1.56 | ||
| Debt/EBITDA | 0.54 | ||
| Cap/Depr | 82.72% | ||
| Cap/Sales | 19.45% | ||
| Interest Coverage | 23.4 | ||
| Cash Conversion | 82.56% | ||
| Profit Quality | 222.42% | ||
| Current Ratio | 3.38 | ||
| Quick Ratio | 2.96 | ||
| Altman-Z | 4.32 |
F-Score7
WACC9.51%
ROIC/WACC0.34
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)200%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%333.33%
EPS Next Y320.26%
EPS Next 2Y158.05%
EPS Next 3Y95.8%
EPS Next 5Y47.84%
Revenue 1Y (TTM)83.84%
Revenue growth 3Y-1.36%
Revenue growth 5Y9.02%
Sales Q2Q%95.11%
Revenue Next Year106.65%
Revenue Next 2Y56.7%
Revenue Next 3Y44.34%
Revenue Next 5Y25.94%
EBIT growth 1Y1652.11%
EBIT growth 3Y-30.34%
EBIT growth 5Y-8.55%
EBIT Next Year191.95%
EBIT Next 3Y69.69%
EBIT Next 5Y30.45%
FCF growth 1Y198.11%
FCF growth 3YN/A
FCF growth 5Y11.46%
OCF growth 1Y1519.43%
OCF growth 3Y30.28%
OCF growth 5Y1.65%
FIRST MAJESTIC SILVER CORP / FMV.DE FAQ
Can you provide the ChartMill fundamental rating for FIRST MAJESTIC SILVER CORP?
ChartMill assigns a fundamental rating of 5 / 10 to FMV.DE.
What is the valuation status for FMV stock?
ChartMill assigns a valuation rating of 2 / 10 to FIRST MAJESTIC SILVER CORP (FMV.DE). This can be considered as Overvalued.
How profitable is FIRST MAJESTIC SILVER CORP (FMV.DE) stock?
FIRST MAJESTIC SILVER CORP (FMV.DE) has a profitability rating of 2 / 10.
What is the valuation of FIRST MAJESTIC SILVER CORP based on its PE and PB ratios?
The Price/Earnings (PE) ratio for FIRST MAJESTIC SILVER CORP (FMV.DE) is 118.22 and the Price/Book (PB) ratio is 4.16.
Is the dividend of FIRST MAJESTIC SILVER CORP sustainable?
The dividend rating of FIRST MAJESTIC SILVER CORP (FMV.DE) is 2 / 10 and the dividend payout ratio is 12.79%.