HUDBAY MINERALS INC (HBM.CA) Stock Fundamental Analysis
Canada - TSX:HBM - CA4436281022 - Common Stock
24.32 CAD
+0.4 (+1.67%)
Taking everything into account, HBM scores 6 out of 10 in our fundamental rating. HBM was compared to 810 industry peers in the Metals & Mining industry. HBM scores excellent on profitability, but there are some minor concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on HBM.
1. Profitability
1.1 Basic Checks
HBM had positive earnings in the past year.
HBM had a positive operating cash flow in the past year.
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
HBM has a Return On Assets of 5.13%. This is amongst the best in the industry. HBM outperforms 89.26% of its industry peers.
With an excellent Return On Equity value of 10.09%, HBM belongs to the best of the industry, outperforming 90.99% of the companies in the same industry.
HBM's Return On Invested Capital of 9.25% is amongst the best of the industry. HBM outperforms 94.20% of its industry peers.
HBM had an Average Return On Invested Capital over the past 3 years of 5.61%. This is significantly below the industry average of 12.06%.
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
With an excellent Profit Margin value of 13.13%, HBM belongs to the best of the industry, outperforming 92.59% of the companies in the same industry.
HBM has a better Operating Margin (26.94%) than 93.95% 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 91.98% of the companies in the same industry.
In the last couple of years the Gross Margin of HBM has grown nicely.
| 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.
Compared to 1 year ago, HBM has more shares outstanding
Compared to 5 years ago, HBM has more shares outstanding
HBM has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.29 indicates that HBM is not a great score, but indicates only limited risk for bankruptcy at the moment.
HBM has a Altman-Z score (2.29) which is comparable to the rest of the industry.
The Debt to FCF ratio of HBM is 3.38, which is a good value as it means it would take HBM, 3.38 years of fcf income to pay off all of its debts.
HBM has a better Debt to FCF ratio (3.38) than 91.73% of its industry peers.
A Debt/Equity ratio of 0.22 indicates that HBM is not too dependend on debt financing.
HBM's Debt to Equity ratio of 0.22 is on the low side compared to the rest of the industry. HBM is outperformed by 68.40% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 3.38 | ||
| Altman-Z | 2.29 |
ROIC/WACC1.06
WACC8.72%
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.
HBM has a Current ratio (1.03) which is in line with its industry peers.
A Quick Ratio of 0.86 indicates that HBM may have some problems paying its short term obligations.
HBM has a Quick ratio of 0.86. This is in the lower half of the industry: HBM underperforms 60.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.03 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
HBM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 72.09%, which is quite impressive.
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.
The Revenue has been growing by 10.31% on average over the past years. This is quite good.
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
Based on estimates for the next years, HBM will show a very strong growth in Earnings Per Share. The EPS will grow by 24.55% on average per year.
The Revenue is expected to grow by 7.62% on average over the next years.
EPS Next Y77.92%
EPS Next 2Y42.25%
EPS Next 3Y35.82%
EPS Next 5Y24.55%
Revenue Next Year12.94%
Revenue Next 2Y6.02%
Revenue Next 3Y7.01%
Revenue Next 5Y7.62%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
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 23.38.
Based on the Price/Earnings ratio, HBM is valued cheaply inside the industry as 91.60% of the companies are valued more expensively.
HBM's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.31.
The Price/Forward Earnings ratio is 18.21, which indicates a rather expensive current valuation of HBM.
Based on the Price/Forward Earnings ratio, HBM is valued cheaply inside the industry as 90.12% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of HBM to the average of the S&P500 Index (22.85), we can say HBM is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.38 | ||
| Fwd PE | 18.21 |
4.2 Price Multiples
HBM's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. HBM is cheaper than 96.42% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, HBM is valued cheaply inside the industry as 95.80% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.02 | ||
| EV/EBITDA | 7.31 |
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.
HBM has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as HBM's earnings are expected to grow with 35.82% in the coming years.
PEG (NY)0.3
PEG (5Y)N/A
EPS Next 2Y42.25%
EPS Next 3Y35.82%
5. Dividend
5.1 Amount
HBM has a yearly dividend return of 0.08%, which is pretty low.
HBM's Dividend Yield is rather good when compared to the industry average which is at 12.86. HBM pays more dividend than 94.57% of the companies in the same industry.
With a Dividend Yield of 0.08, HBM pays less dividend than the S&P500 average, which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.08% |
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
1.98% of the earnings are spent on dividend by HBM. This is a low number and sustainable payout ratio.
DP1.98%
EPS Next 2Y42.25%
EPS Next 3Y35.82%
TSX:HBM (10/15/2025, 7:00:00 PM)
24.32
+0.4 (+1.67%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners80.14%
Inst Owner ChangeN/A
Ins Owners0.18%
Ins Owner ChangeN/A
Market Cap9.62B
Analysts83.81
Price Target19.07 (-21.59%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.08% |
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)3.5%
PT rev (3m)23.47%
EPS NQ rev (1m)0%
EPS NQ rev (3m)12.37%
EPS NY rev (1m)4.79%
EPS NY rev (3m)52.33%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.43%
Revenue NY rev (1m)0.17%
Revenue NY rev (3m)5.54%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.38 | ||
| Fwd PE | 18.21 | ||
| P/S | 3.11 | ||
| P/FCF | 19.02 | ||
| P/OCF | 8.87 | ||
| P/B | 2.39 | ||
| P/tB | 2.46 | ||
| EV/EBITDA | 7.31 |
EPS(TTM)1.04
EY4.28%
EPS(NY)1.34
Fwd EY5.49%
FCF(TTM)1.28
FCFY5.26%
OCF(TTM)2.74
OCFY11.28%
SpS7.82
BVpS10.16
TBVpS9.88
PEG (NY)0.3
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 | 2.29 |
F-Score7
WACC8.72%
ROIC/WACC1.06
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 Y77.92%
EPS Next 2Y42.25%
EPS Next 3Y35.82%
EPS Next 5Y24.55%
Revenue 1Y (TTM)8.3%
Revenue growth 3Y10.4%
Revenue growth 5Y10.31%
Sales Q2Q%26.06%
Revenue Next Year12.94%
Revenue Next 2Y6.02%
Revenue Next 3Y7.01%
Revenue Next 5Y7.62%
EBIT growth 1Y39.99%
EBIT growth 3Y23.63%
EBIT growth 5Y66.43%
EBIT Next Year145.38%
EBIT Next 3Y40.82%
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%