HUDBAY MINERALS INC (HBM.CA) Stock Fundamental Analysis
Canada - TSX:HBM - CA4436281022 - Common Stock
18.75 CAD
-0.01 (-0.05%)
HBM gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 795 industry peers in the Metals & Mining industry. HBM has an excellent profitability rating, but there are some minor concerns on its financial health. HBM may be a bit undervalued, certainly considering the very reasonable score on growth
1. Profitability
1.1 Basic Checks
HBM had positive earnings in the past year.
In the past year HBM had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: HBM reported negative net income in multiple years.
HBM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
HBM has a Return On Assets of 5.13%. This is amongst the best in the industry. HBM outperforms 89.56% of its industry peers.
HBM has a Return On Equity of 10.09%. This is amongst the best in the industry. HBM outperforms 91.45% of its industry peers.
HBM has a better Return On Invested Capital (9.25%) than 93.96% of its industry peers.
The Average Return On Invested Capital over the past 3 years for HBM is significantly below the industry average of 11.87%.
The 3 year average ROIC (5.61%) for HBM is below the current ROIC(9.25%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.13% | ||
| ROE | 10.09% | ||
| ROIC | 9.25% |
ROA(3y)1.42%
ROA(5y)-0.82%
ROE(3y)3.55%
ROE(5y)-2.88%
ROIC(3y)5.61%
ROIC(5y)N/A
1.3 Margins
HBM has a Profit Margin of 13.13%. This is amongst the best in the industry. HBM outperforms 92.33% of its industry peers.
HBM has a better Operating Margin (26.94%) than 93.46% of its industry peers.
In the last couple of years the Operating Margin of HBM has grown nicely.
With an excellent Gross Margin value of 33.24%, HBM belongs to the best of the industry, outperforming 91.82% of the companies in the same industry.
HBM's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.94% | ||
| PM (TTM) | 13.13% | ||
| GM | 33.24% |
OM growth 3Y11.98%
OM growth 5Y50.87%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y8.24%
GM growth 5Y17.48%
2. Health
2.1 Basic Checks
HBM has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for HBM has been increased compared to 1 year ago.
Compared to 5 years ago, HBM has more shares outstanding
The debt/assets ratio for HBM has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 1.97 indicates that HBM is not a great score, but indicates only limited risk for bankruptcy at the moment.
HBM has a Altman-Z score (1.97) which is in line with its industry peers.
HBM has a debt to FCF ratio of 3.38. This is a good value and a sign of high solvency as HBM would need 3.38 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 3.38, HBM belongs to the best of the industry, outperforming 91.70% of the companies in the same industry.
A Debt/Equity ratio of 0.22 indicates that HBM is not too dependend on debt financing.
HBM has a worse Debt to Equity ratio (0.22) than 69.56% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 3.38 | ||
| Altman-Z | 1.97 |
ROIC/WACC1.02
WACC9.1%
2.3 Liquidity
HBM has a Current Ratio of 1.03. This is a normal value and indicates that HBM is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of HBM (1.03) is comparable to the rest of the industry.
A Quick Ratio of 0.86 indicates that HBM may have some problems paying its short term obligations.
HBM's Quick ratio of 0.86 is on the low side compared to the rest of the industry. HBM is outperformed by 60.25% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.03 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 72.09% over the past year.
Measured over the past years, HBM shows a very strong growth in Earnings Per Share. The EPS has been growing by 25.11% on average per year.
The Revenue has grown by 8.30% in the past year. This is quite good.
HBM shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.31% yearly.
EPS 1Y (TTM)72.09%
EPS 3Y25.11%
EPS 5YN/A
EPS Q2Q%760.89%
Revenue 1Y (TTM)8.3%
Revenue growth 3Y10.4%
Revenue growth 5Y10.31%
Sales Q2Q%26.06%
3.2 Future
The Earnings Per Share is expected to grow by 24.55% on average over the next years. This is a very strong growth
Based on estimates for the next years, HBM will show a small growth in Revenue. The Revenue will grow by 7.62% on average per year.
EPS Next Y69.79%
EPS Next 2Y39.08%
EPS Next 3Y33.3%
EPS Next 5Y24.55%
Revenue Next Year12.75%
Revenue Next 2Y5.6%
Revenue Next 3Y6.81%
Revenue Next 5Y7.62%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same 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
HBM is valuated rather expensively with a Price/Earnings ratio of 18.38.
Based on the Price/Earnings ratio, HBM is valued cheaper than 92.20% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.30. HBM is valued slightly cheaper when compared to this.
Based on the Price/Forward Earnings ratio of 14.89, the valuation of HBM can be described as correct.
Based on the Price/Forward Earnings ratio, HBM is valued cheaply inside the industry as 90.06% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of HBM to the average of the S&P500 Index (22.73), we can say HBM is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.38 | ||
| Fwd PE | 14.89 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, HBM is valued cheaply inside the industry as 96.35% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of HBM indicates a rather cheap valuation: HBM is cheaper than 96.23% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.87 | ||
| EV/EBITDA | 5.84 |
4.3 Compensation for Growth
HBM's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The excellent profitability rating of HBM may justify a higher PE ratio.
A more expensive valuation may be justified as HBM's earnings are expected to grow with 33.30% in the coming years.
PEG (NY)0.26
PEG (5Y)N/A
EPS Next 2Y39.08%
EPS Next 3Y33.3%
5. Dividend
5.1 Amount
HBM has a yearly dividend return of 0.11%, which is pretty low.
Compared to an average industry Dividend Yield of 13.72, HBM pays a better dividend. On top of this HBM pays more dividend than 94.21% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.41, HBM's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.11% |
5.2 History
The dividend of HBM decreases each year by -0.13%.
HBM has been paying a dividend for at least 10 years, so it has a reliable track record.
HBM has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-0.13%
Div Incr Years0
Div Non Decr Years10
5.3 Sustainability
HBM pays out 1.98% of its income as dividend. This is a sustainable payout ratio.
DP1.98%
EPS Next 2Y39.08%
EPS Next 3Y33.3%
TSX:HBM (9/12/2025, 7:00:00 PM)
18.75
-0.01 (-0.05%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners66.56%
Inst Owner ChangeN/A
Ins Owners0.19%
Ins Owner ChangeN/A
Market Cap7.42B
Analysts84
Price Target18.5 (-1.33%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.11% |
Yearly Dividend0.02
Dividend Growth(5Y)-0.13%
DP1.98%
Div Incr Years0
Div Non Decr Years10
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)88.18%
Min EPS beat(2)66.23%
Max EPS beat(2)110.14%
EPS beat(4)3
Avg EPS beat(4)88.52%
Min EPS beat(4)-3.49%
Max EPS beat(4)181.22%
EPS beat(8)5
Avg EPS beat(8)71.51%
EPS beat(12)6
Avg EPS beat(12)18.68%
EPS beat(16)8
Avg EPS beat(16)26.45%
Revenue beat(2)1
Avg Revenue beat(2)4.56%
Min Revenue beat(2)-0.09%
Max Revenue beat(2)9.21%
Revenue beat(4)2
Avg Revenue beat(4)3.35%
Min Revenue beat(4)-1.56%
Max Revenue beat(4)9.21%
Revenue beat(8)3
Avg Revenue beat(8)-0.08%
Revenue beat(12)4
Avg Revenue beat(12)-2.04%
Revenue beat(16)4
Avg Revenue beat(16)-2.67%
PT rev (1m)12.93%
PT rev (3m)21.03%
EPS NQ rev (1m)5.4%
EPS NQ rev (3m)-12.89%
EPS NY rev (1m)45.37%
EPS NY rev (3m)45.37%
Revenue NQ rev (1m)-3.53%
Revenue NQ rev (3m)-7.99%
Revenue NY rev (1m)1.59%
Revenue NY rev (3m)5.36%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.38 | ||
| Fwd PE | 14.89 | ||
| P/S | 2.43 | ||
| P/FCF | 14.87 | ||
| P/OCF | 6.93 | ||
| P/B | 1.87 | ||
| P/tB | 1.93 | ||
| EV/EBITDA | 5.84 |
EPS(TTM)1.02
EY5.44%
EPS(NY)1.26
Fwd EY6.71%
FCF(TTM)1.26
FCFY6.72%
OCF(TTM)2.7
OCFY14.42%
SpS7.71
BVpS10.02
TBVpS9.74
PEG (NY)0.26
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.13% | ||
| ROE | 10.09% | ||
| ROCE | 12.85% | ||
| ROIC | 9.25% | ||
| ROICexc | 10.7% | ||
| ROICexgc | 10.92% | ||
| OM | 26.94% | ||
| PM (TTM) | 13.13% | ||
| GM | 33.24% | ||
| FCFM | 16.36% |
ROA(3y)1.42%
ROA(5y)-0.82%
ROE(3y)3.55%
ROE(5y)-2.88%
ROIC(3y)5.61%
ROIC(5y)N/A
ROICexc(3y)6.09%
ROICexc(5y)N/A
ROICexgc(3y)6.21%
ROICexgc(5y)N/A
ROCE(3y)7.79%
ROCE(5y)N/A
ROICexcg growth 3Y18.86%
ROICexcg growth 5Y61.23%
ROICexc growth 3Y18.39%
ROICexc growth 5Y60.76%
OM growth 3Y11.98%
OM growth 5Y50.87%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y8.24%
GM growth 5Y17.48%
F-Score7
Asset Turnover0.39
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 3.38 | ||
| Debt/EBITDA | 0.63 | ||
| Cap/Depr | 96.95% | ||
| Cap/Sales | 18.73% | ||
| Interest Coverage | 9.2 | ||
| Cash Conversion | 75.85% | ||
| Profit Quality | 124.63% | ||
| Current Ratio | 1.03 | ||
| Quick Ratio | 0.86 | ||
| Altman-Z | 1.97 |
F-Score7
WACC9.1%
ROIC/WACC1.02
Cap/Depr(3y)81.38%
Cap/Depr(5y)89.68%
Cap/Sales(3y)18.35%
Cap/Sales(5y)22.65%
Profit Quality(3y)320.92%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)72.09%
EPS 3Y25.11%
EPS 5YN/A
EPS Q2Q%760.89%
EPS Next Y69.79%
EPS Next 2Y39.08%
EPS Next 3Y33.3%
EPS Next 5Y24.55%
Revenue 1Y (TTM)8.3%
Revenue growth 3Y10.4%
Revenue growth 5Y10.31%
Sales Q2Q%26.06%
Revenue Next Year12.75%
Revenue Next 2Y5.6%
Revenue Next 3Y6.81%
Revenue Next 5Y7.62%
EBIT growth 1Y39.99%
EBIT growth 3Y23.63%
EBIT growth 5Y66.43%
EBIT Next Year126.4%
EBIT Next 3Y37.44%
EBIT Next 5Y27.84%
FCF growth 1Y624.49%
FCF growth 3Y267.69%
FCF growth 5Y43.75%
OCF growth 1Y117.84%
OCF growth 3Y20.18%
OCF growth 5Y16.47%