HUDBAY MINERALS INC (HBM.CA) Fundamental Analysis & Valuation
TSX:HBM • CA4436281022
Current stock price
33.67 CAD
+1.22 (+3.76%)
Last:
This HBM.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. HBM.CA Profitability Analysis
1.1 Basic Checks
- In the past year HBM was profitable.
- In the past year HBM had a positive cash flow from operations.
- HBM had positive earnings in 4 of the past 5 years.
- In the past 5 years HBM always reported a positive cash flow from operatings.
1.2 Ratios
- HBM has a better Return On Assets (9.14%) than 91.74% of its industry peers.
- Looking at the Return On Equity, with a value of 17.60%, HBM belongs to the top of the industry, outperforming 94.62% of the companies in the same industry.
- HBM has a Return On Invested Capital of 5.19%. This is amongst the best in the industry. HBM outperforms 91.11% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.14% | ||
| ROE | 17.6% | ||
| ROIC | 5.19% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- HBM's Profit Margin of 25.71% is amongst the best of the industry. HBM outperforms 94.37% of its industry peers.
- HBM's Profit Margin has improved in the last couple of years.
- HBM's Operating Margin of 26.40% is amongst the best of the industry. HBM outperforms 92.74% 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 33.61%, HBM belongs to the best of the industry, outperforming 90.99% of the companies in the same industry.
- HBM's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.4% | ||
| PM (TTM) | 25.71% | ||
| GM | 33.61% |
OM growth 3Y7.07%
OM growth 5YN/A
PM growth 3Y74.78%
PM growth 5YN/A
GM growth 3Y21.06%
GM growth 5Y56.59%
2. HBM.CA Health Analysis
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so HBM is destroying value.
- There is no outstanding debt for HBM. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
- HBM has an Altman-Z score of 2.72. 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's Altman-Z score of 2.72 is in line compared to the rest of the industry. HBM outperforms 47.56% of its industry peers.
- HBM has a debt to FCF ratio of 4.86. This is a neutral value as HBM would need 4.86 years to pay back of all of its debts.
- HBM's Debt to FCF ratio of 4.86 is amongst the best of the industry. HBM outperforms 90.99% of its industry peers.
- HBM has a Debt/Equity ratio of 0.20. This is a healthy value indicating a solid balance between debt and equity.
- With a Debt to Equity ratio value of 0.20, HBM is not doing good in the industry: 66.83% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 4.86 | ||
| Altman-Z | 2.72 |
ROIC/WACC0.44
WACC11.86%
2.3 Liquidity
- A Current Ratio of 0.95 indicates that HBM may have some problems paying its short term obligations.
- The Current ratio of HBM (0.95) is worse than 63.45% of its industry peers.
- HBM has a Quick Ratio of 0.95. This is a bad value and indicates that HBM is not financially healthy enough and could expect problems in meeting its short term obligations.
- HBM has a Quick ratio of 0.78. This is in the lower half of the industry: HBM underperforms 64.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.95 | ||
| Quick Ratio | 0.78 |
3. HBM.CA Growth Analysis
3.1 Past
- HBM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 44.68%, 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 89.45% on average per year.
- HBM shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 9.39%.
- HBM shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 15.14% yearly.
EPS 1Y (TTM)44.68%
EPS 3Y89.45%
EPS 5YN/A
EPS Q2Q%22.22%
Revenue 1Y (TTM)9.39%
Revenue growth 3Y14.8%
Revenue growth 5Y15.14%
Sales Q2Q%25.3%
3.2 Future
- Based on estimates for the next years, HBM will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.88% on average per year.
- Based on estimates for the next years, HBM will show a small growth in Revenue. The Revenue will grow by 3.32% on average per year.
EPS Next Y140.1%
EPS Next 2Y78.41%
EPS Next 3Y42.9%
EPS Next 5Y8.88%
Revenue Next Year27.21%
Revenue Next 2Y19.96%
Revenue Next 3Y11.55%
Revenue Next 5Y3.32%
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less 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. HBM.CA Valuation Analysis
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 35.82, which means the current valuation is very expensive for HBM.
- 88.11% of the companies in the same industry are more expensive than HBM, based on the Price/Earnings ratio.
- The average S&P500 Price/Earnings ratio is at 26.86. HBM is valued slightly more expensive when compared to this.
- The Price/Forward Earnings ratio is 14.92, which indicates a correct valuation of HBM.
- HBM's Price/Forward Earnings ratio is rather cheap when compared to the industry. HBM is cheaper than 91.11% of the companies in the same industry.
- HBM is valuated cheaply when we compare the Price/Forward Earnings ratio to 37.39, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.82 | ||
| Fwd PE | 14.92 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, HBM is valued cheaply inside the industry as 94.49% of the companies are valued more expensively.
- Based on the Price/Free Cash Flow ratio, HBM is valued cheaper than 92.24% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 40.66 | ||
| EV/EBITDA | 10.01 |
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 42.90% in the coming years.
PEG (NY)0.26
PEG (5Y)N/A
EPS Next 2Y78.41%
EPS Next 3Y42.9%
5. HBM.CA Dividend Analysis
5.1 Amount
- HBM has a yearly dividend return of 0.12%, which is pretty low.
- HBM's Dividend Yield is rather good when compared to the industry average which is at 0.90. HBM pays more dividend than 94.24% of the companies in the same industry.
- With a Dividend Yield of 0.12, HBM pays less dividend than the S&P500 average, which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.12% |
5.2 History
- The dividend of HBM decreases each year by -0.13%.
- HBM has paid a dividend for at least 10 years, which is 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 Years11
5.3 Sustainability
- HBM pays out 0.99% of its income as dividend. This is a sustainable payout ratio.
DP0.99%
EPS Next 2Y78.41%
EPS Next 3Y42.9%
HBM.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:HBM (4/10/2026, 7:00:00 PM)
33.67
+1.22 (+3.76%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)02-20 2026-02-20/bmo
Earnings (Next)05-01 2026-05-01
Inst Owners80.27%
Inst Owner ChangeN/A
Ins Owners0.16%
Ins Owner ChangeN/A
Market Cap13.36B
Revenue(TTM)2.21B
Net Income(TTM)568.50M
Analysts82.73
Price Target41.85 (24.29%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.12% |
Yearly Dividend0.02
Dividend Growth(5Y)-0.13%
DP0.99%
Div Incr Years0
Div Non Decr Years11
Ex-Date03-10 2026-03-10 (0.01)
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-62.17%
Min EPS beat(2)-78.84%
Max EPS beat(2)-45.5%
EPS beat(4)2
Avg EPS beat(4)13.01%
Min EPS beat(4)-78.84%
Max EPS beat(4)110.14%
EPS beat(8)4
Avg EPS beat(8)51.7%
EPS beat(12)5
Avg EPS beat(12)11.43%
EPS beat(16)6
Avg EPS beat(16)0.87%
Revenue beat(2)1
Avg Revenue beat(2)-14.46%
Min Revenue beat(2)-28.92%
Max Revenue beat(2)0.01%
Revenue beat(4)2
Avg Revenue beat(4)-4.95%
Min Revenue beat(4)-28.92%
Max Revenue beat(4)9.21%
Revenue beat(8)4
Avg Revenue beat(8)-1.07%
Revenue beat(12)4
Avg Revenue beat(12)-4.38%
Revenue beat(16)5
Avg Revenue beat(16)-3.93%
PT rev (1m)8.09%
PT rev (3m)58.88%
EPS NQ rev (1m)-1.98%
EPS NQ rev (3m)9.83%
EPS NY rev (1m)-0.83%
EPS NY rev (3m)15.58%
Revenue NQ rev (1m)3.9%
Revenue NQ rev (3m)6.44%
Revenue NY rev (1m)-0.24%
Revenue NY rev (3m)14.05%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.82 | ||
| Fwd PE | 14.92 | ||
| P/S | 4.37 | ||
| P/FCF | 40.66 | ||
| P/OCF | 13.67 | ||
| P/B | 2.99 | ||
| P/tB | 3.07 | ||
| EV/EBITDA | 10.01 |
EPS(TTM)0.94
EY2.79%
EPS(NY)2.26
Fwd EY6.7%
FCF(TTM)0.83
FCFY2.46%
OCF(TTM)2.46
OCFY7.32%
SpS7.7
BVpS11.25
TBVpS10.98
PEG (NY)0.26
PEG (5Y)N/A
Graham Number15.43
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.14% | ||
| ROE | 17.6% | ||
| ROCE | 11.68% | ||
| ROIC | 5.19% | ||
| ROICexc | 5.86% | ||
| ROICexgc | 5.96% | ||
| OM | 26.4% | ||
| PM (TTM) | 25.71% | ||
| GM | 33.61% | ||
| FCFM | 10.76% |
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 3Y7.07%
OM growth 5YN/A
PM growth 3Y74.78%
PM growth 5YN/A
GM growth 3Y21.06%
GM growth 5Y56.59%
F-Score6
Asset Turnover0.36
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 4.86 | ||
| Debt/EBITDA | 0.62 | ||
| Cap/Depr | 106.41% | ||
| Cap/Sales | 21.23% | ||
| Interest Coverage | 9.99 | ||
| Cash Conversion | 69.02% | ||
| Profit Quality | 41.83% | ||
| Current Ratio | 0.95 | ||
| Quick Ratio | 0.78 | ||
| Altman-Z | 2.72 |
F-Score6
WACC11.86%
ROIC/WACC0.44
Cap/Depr(3y)86.48%
Cap/Depr(5y)91.1%
Cap/Sales(3y)18.38%
Cap/Sales(5y)20.28%
Profit Quality(3y)250.16%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)44.68%
EPS 3Y89.45%
EPS 5YN/A
EPS Q2Q%22.22%
EPS Next Y140.1%
EPS Next 2Y78.41%
EPS Next 3Y42.9%
EPS Next 5Y8.88%
Revenue 1Y (TTM)9.39%
Revenue growth 3Y14.8%
Revenue growth 5Y15.14%
Sales Q2Q%25.3%
Revenue Next Year27.21%
Revenue Next 2Y19.96%
Revenue Next 3Y11.55%
Revenue Next 5Y3.32%
EBIT growth 1Y36.29%
EBIT growth 3Y22.91%
EBIT growth 5YN/A
EBIT Next Year81.91%
EBIT Next 3Y28.58%
EBIT Next 5Y6.39%
FCF growth 1Y-25.06%
FCF growth 3Y9.96%
FCF growth 5YN/A
OCF growth 1Y6.17%
OCF growth 3Y13.18%
OCF growth 5Y24.18%
HUDBAY MINERALS INC / HBM.CA Fundamental Analysis 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 8 / 10 to HUDBAY MINERALS INC (HBM.CA). This can be considered as Undervalued.
How profitable is HUDBAY MINERALS INC (HBM.CA) stock?
HUDBAY MINERALS INC (HBM.CA) has a profitability rating of 8 / 10.
What is the valuation of HUDBAY MINERALS INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for HUDBAY MINERALS INC (HBM.CA) is 35.82 and the Price/Book (PB) ratio is 2.99.
What is the earnings growth outlook for HUDBAY MINERALS INC?
The Earnings per Share (EPS) of HUDBAY MINERALS INC (HBM.CA) is expected to grow by 140.1% in the next year.