HUDBAY MINERALS INC (HBM.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:HBM - CA4436281022 - Common Stock
34.13 CAD
+1.76 (+5.44%)
Overall HBM gets a fundamental rating of 6 out of 10. We evaluated HBM against 817 industry peers in the Metals & Mining industry. HBM scores excellent on profitability, but there are concerns on its financial health. An interesting combination arises when we look at growth and value: HBM is growing strongly while it also seems undervalued.
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.
- Each year in the past 5 years HBM had a positive operating cash flow.
1.2 Ratios
- The Return On Assets of HBM (7.80%) is better than 91.31% of its industry peers.
- Looking at the Return On Equity, with a value of 14.99%, HBM belongs to the top of the industry, outperforming 93.39% of the companies in the same industry.
- With an excellent Return On Invested Capital value of 7.37%, HBM belongs to the best of the industry, outperforming 92.29% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for HBM is significantly below the industry average of 11.97%.
- The 3 year average ROIC (5.61%) for HBM is below the current ROIC(7.37%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.8% | ||
| ROE | 14.99% | ||
| ROIC | 7.37% |
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 22.38%. This is amongst the best in the industry. HBM outperforms 94.61% of its industry peers.
- HBM's Operating Margin of 24.24% is amongst the best of the industry. HBM outperforms 93.15% of its industry peers.
- In the last couple of years the Operating Margin of HBM has grown nicely.
- HBM has a better Gross Margin (31.87%) than 91.31% of its industry peers.
- In the last couple of years the Gross Margin of HBM has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 24.24% | ||
| PM (TTM) | 22.38% | ||
| GM | 31.87% |
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
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), HBM is destroying value.
- Compared to 1 year ago, HBM has more shares outstanding
- 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
- HBM has an Altman-Z score of 2.80. This is not the best score and indicates that HBM is in the grey zone with still only limited risk for bankruptcy at the moment.
- HBM has a Altman-Z score (2.80) which is comparable to the rest of the industry.
- HBM has a debt to FCF ratio of 3.78. This is a good value and a sign of high solvency as HBM would need 3.78 years to pay back of all of its debts.
- Looking at the Debt to FCF ratio, with a value of 3.78, HBM belongs to the top of the industry, outperforming 91.68% of the companies in the same industry.
- A Debt/Equity ratio of 0.20 indicates that HBM is not too dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.20, HBM is doing worse than 66.34% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 3.78 | ||
| Altman-Z | 2.8 |
ROIC/WACC0.78
WACC9.46%
2.3 Liquidity
- A Current Ratio of 0.97 indicates that HBM may have some problems paying its short term obligations.
- HBM's Current ratio of 0.97 is on the low side compared to the rest of the industry. HBM is outperformed by 60.34% of its industry peers.
- HBM has a Quick Ratio of 0.97. This is a bad value and indicates that HBM is not financially healthy enough and could expect problems in meeting its short term obligations.
- The Quick ratio of HBM (0.76) is worse than 62.42% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.97 | ||
| Quick Ratio | 0.76 |
3. Growth
3.1 Past
- HBM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 30.61%, which is quite impressive.
- HBM shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 25.11% yearly.
- HBM shows a small growth in Revenue. In the last year, the Revenue has grown by 1.20%.
- The Revenue has been growing by 10.31% on average over the past years. This is quite good.
EPS 1Y (TTM)30.61%
EPS 3Y25.11%
EPS 5YN/A
EPS Q2Q%-76.92%
Revenue 1Y (TTM)1.2%
Revenue growth 3Y10.4%
Revenue growth 5Y10.31%
Sales Q2Q%-28.61%
3.2 Future
- Based on estimates for the next years, HBM will show a very strong growth in Earnings Per Share. The EPS will grow by 37.29% on average per year.
- HBM is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 11.38% yearly.
EPS Next Y68.59%
EPS Next 2Y73.36%
EPS Next 3Y51.48%
EPS Next 5Y37.29%
Revenue Next Year9.8%
Revenue Next 2Y10.99%
Revenue Next 3Y10.76%
Revenue Next 5Y11.38%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- HBM is valuated quite expensively with a Price/Earnings ratio of 38.78.
- 89.11% of the companies in the same industry are more expensive than HBM, based on the Price/Earnings ratio.
- HBM's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 27.32.
- Based on the Price/Forward Earnings ratio of 17.48, the valuation of HBM can be described as rather expensive.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of HBM indicates a rather cheap valuation: HBM is cheaper than 90.70% of the companies listed in the same industry.
- HBM is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 24.30, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.78 | ||
| Fwd PE | 17.48 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, HBM is valued cheaply inside the industry as 94.86% of the companies are valued more expensively.
- 94.49% of the companies in the same industry are more expensive than HBM, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 31.05 | ||
| EV/EBITDA | 11.37 |
4.3 Compensation for Growth
- The 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.
- HBM's earnings are expected to grow with 51.48% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.57
PEG (5Y)N/A
EPS Next 2Y73.36%
EPS Next 3Y51.48%
5. Dividend
5.1 Amount
- With a yearly dividend of 0.06%, HBM is not a good candidate for dividend investing.
- HBM's Dividend Yield is rather good when compared to the industry average which is at 0.64. HBM pays more dividend than 94.37% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.86, HBM's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.06% |
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 its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)-0.13%
Div Incr Years0
Div Non Decr Years10
5.3 Sustainability
- 1.22% of the earnings are spent on dividend by HBM. This is a low number and sustainable payout ratio.
DP1.22%
EPS Next 2Y73.36%
EPS Next 3Y51.48%
TSX:HBM (1/20/2026, 7:00:00 PM)
34.13
+1.76 (+5.44%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)11-12 2025-11-12/bmo
Earnings (Next)02-20 2026-02-20/amc
Inst Owners77.49%
Inst Owner ChangeN/A
Ins Owners0.18%
Ins Owner ChangeN/A
Market Cap13.52B
Revenue(TTM)2.06B
Net Income(TTM)461.66M
Analysts83.81
Price Target28.08 (-17.73%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.06% |
Yearly Dividend0.02
Dividend Growth(5Y)-0.13%
DP1.22%
Div Incr Years0
Div Non Decr Years10
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-6.31%
Min EPS beat(2)-78.84%
Max EPS beat(2)66.23%
EPS beat(4)2
Avg EPS beat(4)23.51%
Min EPS beat(4)-78.84%
Max EPS beat(4)110.14%
EPS beat(8)5
Avg EPS beat(8)65.86%
EPS beat(12)5
Avg EPS beat(12)10.77%
EPS beat(16)7
Avg EPS beat(16)3.84%
Revenue beat(2)0
Avg Revenue beat(2)-14.51%
Min Revenue beat(2)-28.92%
Max Revenue beat(2)-0.09%
Revenue beat(4)1
Avg Revenue beat(4)-5.34%
Min Revenue beat(4)-28.92%
Max Revenue beat(4)9.21%
Revenue beat(8)3
Avg Revenue beat(8)-2.65%
Revenue beat(12)3
Avg Revenue beat(12)-6.02%
Revenue beat(16)4
Avg Revenue beat(16)-4.19%
PT rev (1m)8.08%
PT rev (3m)47.25%
EPS NQ rev (1m)0%
EPS NQ rev (3m)35.5%
EPS NY rev (1m)-7.2%
EPS NY rev (3m)-5.24%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)17.01%
Revenue NY rev (1m)0.09%
Revenue NY rev (3m)-2.78%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.78 | ||
| Fwd PE | 17.48 | ||
| P/S | 4.74 | ||
| P/FCF | 31.05 | ||
| P/OCF | 13.22 | ||
| P/B | 3.17 | ||
| P/tB | 3.26 | ||
| EV/EBITDA | 11.37 |
EPS(TTM)0.88
EY2.58%
EPS(NY)1.95
Fwd EY5.72%
FCF(TTM)1.1
FCFY3.22%
OCF(TTM)2.58
OCFY7.56%
SpS7.2
BVpS10.75
TBVpS10.48
PEG (NY)0.57
PEG (5Y)N/A
Graham Number14.59
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.8% | ||
| ROE | 14.99% | ||
| ROCE | 10.23% | ||
| ROIC | 7.37% | ||
| ROICexc | 8.42% | ||
| ROICexgc | 8.58% | ||
| OM | 24.24% | ||
| PM (TTM) | 22.38% | ||
| GM | 31.87% | ||
| FCFM | 15.27% |
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
ROICexgc growth 3Y18.86%
ROICexgc 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-Score6
Asset Turnover0.35
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 3.78 | ||
| Debt/EBITDA | 0.69 | ||
| Cap/Depr | 103.45% | ||
| Cap/Sales | 20.59% | ||
| Interest Coverage | 8.25 | ||
| Cash Conversion | 81.23% | ||
| Profit Quality | 68.22% | ||
| Current Ratio | 0.97 | ||
| Quick Ratio | 0.76 | ||
| Altman-Z | 2.8 |
F-Score6
WACC9.46%
ROIC/WACC0.78
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)30.61%
EPS 3Y25.11%
EPS 5YN/A
EPS Q2Q%-76.92%
EPS Next Y68.59%
EPS Next 2Y73.36%
EPS Next 3Y51.48%
EPS Next 5Y37.29%
Revenue 1Y (TTM)1.2%
Revenue growth 3Y10.4%
Revenue growth 5Y10.31%
Sales Q2Q%-28.61%
Revenue Next Year9.8%
Revenue Next 2Y10.99%
Revenue Next 3Y10.76%
Revenue Next 5Y11.38%
EBIT growth 1Y21.35%
EBIT growth 3Y23.63%
EBIT growth 5Y66.43%
EBIT Next Year142.89%
EBIT Next 3Y51.93%
EBIT Next 5Y34.94%
FCF growth 1Y595.19%
FCF growth 3Y267.69%
FCF growth 5Y43.75%
OCF growth 1Y121.38%
OCF growth 3Y20.18%
OCF growth 5Y16.47%
HUDBAY MINERALS INC / HBM.CA FAQ
What is the fundamental rating for HBM stock?
ChartMill assigns a fundamental rating of 6 / 10 to HBM.CA.
What is the valuation status for HBM stock?
ChartMill assigns a valuation rating of 7 / 10 to HUDBAY MINERALS INC (HBM.CA). This can be considered as Undervalued.
What is the profitability of HBM stock?
HUDBAY MINERALS INC (HBM.CA) has a profitability rating of 8 / 10.
Can you provide the financial health for HBM stock?
The financial health rating of HUDBAY MINERALS INC (HBM.CA) is 3 / 10.
What is the expected EPS growth for HUDBAY MINERALS INC (HBM.CA) stock?
The Earnings per Share (EPS) of HUDBAY MINERALS INC (HBM.CA) is expected to grow by 68.59% in the next year.