FIRST MAJESTIC SILVER CORP (FMV.DE) Fundamental Analysis & Valuation

FRA:FMV • CA32076V1031

Current stock price

18.825 EUR
+0.07 (+0.4%)
Last:

This FMV.DE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

5

1. FMV.DE Profitability Analysis

1.1 Basic Checks

  • FMV had positive earnings in the past year.
  • In the past year FMV had a positive cash flow from operations.
  • FMV had negative earnings in 4 of the past 5 years.
  • Each year in the past 5 years FMV had a positive operating cash flow.
FMV.DE Yearly Net Income VS EBIT VS OCF VS FCFFMV.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M -200M 400M

1.2 Ratios

  • FMV has a Return On Assets of 3.51%. This is comparable to the rest of the industry: FMV outperforms 52.27% of its industry peers.
  • FMV has a Return On Equity (5.97%) which is in line with its industry peers.
  • With a Return On Invested Capital value of 4.65%, FMV perfoms like the industry average, outperforming 45.45% of the companies in the same industry.
Industry RankSector Rank
ROA 3.51%
ROE 5.97%
ROIC 4.65%
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
FMV.DE Yearly ROA, ROE, ROICFMV.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 -10 -20 -30

1.3 Margins

  • Looking at the Profit Margin, with a value of 13.12%, FMV is in the better half of the industry, outperforming 70.45% of the companies in the same industry.
  • In the last couple of years the Profit Margin of FMV has grown nicely.
  • The Operating Margin of FMV (29.33%) is better than 75.00% of its industry peers.
  • FMV's Operating Margin has improved in the last couple of years.
  • The Gross Margin of FMV (36.41%) is better than 61.36% of its industry peers.
  • FMV's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 29.33%
PM (TTM) 13.12%
GM 36.41%
OM growth 3YN/A
OM growth 5Y12.03%
PM growth 3YN/A
PM growth 5Y15.64%
GM growth 3Y138.51%
GM growth 5Y2.84%
FMV.DE Yearly Profit, Operating, Gross MarginsFMV.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 40 -40 -60

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

7

2. FMV.DE Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so FMV is destroying value.
  • FMV has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
FMV.DE Yearly Shares OutstandingFMV.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M
FMV.DE Yearly Total Debt VS Total AssetsFMV.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B

2.2 Solvency

  • An Altman-Z score of 3.90 indicates that FMV is not in any danger for bankruptcy at the moment.
  • FMV has a Altman-Z score of 3.90. This is in the better half of the industry: FMV outperforms 63.64% of its industry peers.
  • The Debt to FCF ratio of FMV is 0.98, which is an excellent value as it means it would take FMV, only 0.98 years of fcf income to pay off all of its debts.
  • With a decent Debt to FCF ratio value of 0.98, FMV is doing good in the industry, outperforming 79.55% of the companies in the same industry.
  • A Debt/Equity ratio of 0.11 indicates that FMV is not too dependend on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 0.11, FMV is in the better half of the industry, outperforming 77.27% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.11
Debt/FCF 0.98
Altman-Z 3.9
ROIC/WACC0.43
WACC10.92%
FMV.DE Yearly LT Debt VS Equity VS FCFFMV.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M 1B

2.3 Liquidity

  • FMV has a Current Ratio of 2.60. This indicates that FMV is financially healthy and has no problem in meeting its short term obligations.
  • With a decent Current ratio value of 2.60, FMV is doing good in the industry, outperforming 72.73% of the companies in the same industry.
  • A Quick Ratio of 2.41 indicates that FMV has no problem at all paying its short term obligations.
  • FMV has a Quick ratio of 2.41. This is amongst the best in the industry. FMV outperforms 88.64% of its industry peers.
Industry RankSector Rank
Current Ratio 2.6
Quick Ratio 2.41
FMV.DE Yearly Current Assets VS Current LiabilitesFMV.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

7

3. FMV.DE Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 453.85% over the past year.
  • The Earnings Per Share has been growing by 22.03% on average over the past years. This is a very strong growth
  • The Revenue has grown by 124.25% in the past year. This is a very strong growth!
  • The Revenue has been growing by 28.14% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)453.85%
EPS 3YN/A
EPS 5Y22.03%
EPS Q2Q%900%
Revenue 1Y (TTM)124.25%
Revenue growth 3Y26.28%
Revenue growth 5Y28.14%
Sales Q2Q%169.25%

3.2 Future

  • FMV is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.41% yearly.
  • FMV is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.75% yearly.
EPS Next Y109.58%
EPS Next 2Y55.22%
EPS Next 3Y25.21%
EPS Next 5Y9.41%
Revenue Next Year22.85%
Revenue Next 2Y24.63%
Revenue Next 3Y4.75%
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.
  • 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.
FMV.DE Yearly Revenue VS EstimatesFMV.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 500M 1B 1.5B
FMV.DE Yearly EPS VS EstimatesFMV.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 0.2 -0.2 0.4 0.6 0.8 1

More info and screens

Find the best growth stocksShow best growing peers

3

4. FMV.DE Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 47.06 indicates a quite expensive valuation of FMV.
  • Based on the Price/Earnings ratio, FMV is valued a bit more expensive than 63.64% 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 25.79.
  • Based on the Price/Forward Earnings ratio of 22.52, the valuation of FMV can be described as rather expensive.
  • FMV's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. FMV is more expensive than 63.64% of the companies in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 23.80. FMV is around the same levels.
Industry RankSector Rank
PE 47.06
Fwd PE 22.52
FMV.DE Price Earnings VS Forward Price EarningsFMV.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, FMV is valued a bit more expensive than the industry average as 63.64% of the companies are valued more cheaply.
  • Based on the Price/Free Cash Flow ratio, FMV is valued a bit cheaper than 63.64% of the companies in the same industry.
Industry RankSector Rank
P/FCF 33.93
EV/EBITDA 15.57
FMV.DE Per share dataFMV.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 1 2 3 4

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 25.21% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.43
PEG (5Y)2.14
EPS Next 2Y55.22%
EPS Next 3Y25.21%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

2

5. FMV.DE Dividend Analysis

5.1 Amount

  • FMV has a yearly dividend return of 0.10%, which is pretty low.
  • Compared to an average industry Dividend Yield of 1.61, FMV is paying slightly less dividend.
  • Compared to an average S&P500 Dividend Yield of 1.91, FMV's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.1%

5.2 History

Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

  • FMV pays out 5.97% of its income as dividend. This is a sustainable payout ratio.
DP5.97%
EPS Next 2Y55.22%
EPS Next 3Y25.21%
FMV.DE Yearly Income VS Free CF VS DividendFMV.DE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M -100M 200M -200M 300M
FMV.DE Dividend Payout.FMV.DE Dividend Payout, showing the Payout Ratio.FMV.DE Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

FMV.DE Fundamentals: All Metrics, Ratios and Statistics

FIRST MAJESTIC SILVER CORP

FRA:FMV (3/17/2026, 7:00:00 PM)

18.825

+0.07 (+0.4%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)01-15
Earnings (Next)05-05
Inst Owners54.12%
Inst Owner ChangeN/A
Ins Owners1.1%
Ins Owner ChangeN/A
Market Cap9.28B
Revenue(TTM)1.26B
Net Income(TTM)164.92M
Analysts78.46
Price Target24.23 (28.71%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0.1%
Yearly Dividend0.02
Dividend Growth(5Y)N/A
DP5.97%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)36.91%
Min EPS beat(2)-34.23%
Max EPS beat(2)108.04%
EPS beat(4)2
Avg EPS beat(4)52.75%
Min EPS beat(4)-34.23%
Max EPS beat(4)158.9%
EPS beat(8)2
Avg EPS beat(8)-62.91%
EPS beat(12)5
Avg EPS beat(12)-57.28%
EPS beat(16)5
Avg EPS beat(16)-80.84%
Revenue beat(2)1
Avg Revenue beat(2)0.67%
Min Revenue beat(2)-10.14%
Max Revenue beat(2)11.49%
Revenue beat(4)1
Avg Revenue beat(4)-2.43%
Min Revenue beat(4)-10.14%
Max Revenue beat(4)11.49%
Revenue beat(8)3
Avg Revenue beat(8)-1.77%
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)21.85%
PT rev (3m)90.22%
EPS NQ rev (1m)81.08%
EPS NQ rev (3m)112.7%
EPS NY rev (1m)44%
EPS NY rev (3m)75.94%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)3.4%
Revenue NY rev (3m)3.4%
Valuation
Industry RankSector Rank
PE 47.06
Fwd PE 22.52
P/S 8.51
P/FCF 33.93
P/OCF 20.34
P/B 3.88
P/tB 3.88
EV/EBITDA 15.57
EPS(TTM)0.4
EY2.12%
EPS(NY)0.84
Fwd EY4.44%
FCF(TTM)0.55
FCFY2.95%
OCF(TTM)0.93
OCFY4.92%
SpS2.21
BVpS4.86
TBVpS4.86
PEG (NY)0.43
PEG (5Y)2.14
Graham Number6.61
Profitability
Industry RankSector Rank
ROA 3.51%
ROE 5.97%
ROCE 8.71%
ROIC 4.65%
ROICexc 6.02%
ROICexgc 6.02%
OM 29.33%
PM (TTM) 13.12%
GM 36.41%
FCFM 25.08%
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
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5Y12.03%
PM growth 3YN/A
PM growth 5Y15.64%
GM growth 3Y138.51%
GM growth 5Y2.84%
F-Score7
Asset Turnover0.27
Health
Industry RankSector Rank
Debt/Equity 0.11
Debt/FCF 0.98
Debt/EBITDA 0.47
Cap/Depr 79.55%
Cap/Sales 16.76%
Interest Coverage 45.97
Cash Conversion 83.03%
Profit Quality 191.21%
Current Ratio 2.6
Quick Ratio 2.41
Altman-Z 3.9
F-Score7
WACC10.92%
ROIC/WACC0.43
Cap/Depr(3y)95.66%
Cap/Depr(5y)121.03%
Cap/Sales(3y)20.91%
Cap/Sales(5y)25.99%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)453.85%
EPS 3YN/A
EPS 5Y22.03%
EPS Q2Q%900%
EPS Next Y109.58%
EPS Next 2Y55.22%
EPS Next 3Y25.21%
EPS Next 5Y9.41%
Revenue 1Y (TTM)124.25%
Revenue growth 3Y26.28%
Revenue growth 5Y28.14%
Sales Q2Q%169.25%
Revenue Next Year22.85%
Revenue Next 2Y24.63%
Revenue Next 3Y4.75%
Revenue Next 5YN/A
EBIT growth 1Y2081.22%
EBIT growth 3YN/A
EBIT growth 5Y43.56%
EBIT Next Year310.58%
EBIT Next 3Y56.03%
EBIT Next 5Y26.75%
FCF growth 1Y755.8%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y246.13%
OCF growth 3Y236.79%
OCF growth 5Y45.85%

FIRST MAJESTIC SILVER CORP / FMV.DE Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for FIRST MAJESTIC SILVER CORP?

ChartMill assigns a fundamental rating of 6 / 10 to FMV.DE.


What is the valuation status for FMV stock?

ChartMill assigns a valuation rating of 3 / 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 5 / 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 47.06 and the Price/Book (PB) ratio is 3.88.


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 5.97%.