HUDBAY MINERALS INC (HBM.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:HBM - CA4436281022 - Common Stock
25.19 CAD
+0.83 (+3.41%)
Taking everything into account, HBM scores 6 out of 10 in our fundamental rating. HBM was compared to 803 industry peers in the Metals & Mining industry. While HBM belongs to the best of the industry regarding profitability, 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.
HBM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
HBM has a better Return On Assets (7.80%) than 90.41% 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 92.65% of the companies in the same industry.
HBM has a Return On Invested Capital of 7.37%. This is amongst the best in the industry. HBM outperforms 92.15% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for HBM is significantly below the industry average of 12.71%.
The last Return On Invested Capital (7.37%) for HBM is above the 3 year average (5.61%), which is a sign of increasing profitability.
| 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
With an excellent Profit Margin value of 22.38%, HBM belongs to the best of the industry, outperforming 94.65% of the companies in the same industry.
The Operating Margin of HBM (24.24%) is better than 93.28% of its industry peers.
HBM's Operating Margin has improved in the last couple of years.
HBM has a Gross Margin of 31.87%. This is amongst the best in the industry. HBM outperforms 91.41% 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so HBM is destroying value.
The number of shares outstanding for HBM has been increased compared to 1 year ago.
HBM has more shares outstanding than it did 5 years ago.
The debt/assets ratio for HBM has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.20 indicates that HBM is not a great score, but indicates only limited risk for bankruptcy at the moment.
HBM has a Altman-Z score (2.20) 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.
The Debt to FCF ratio of HBM (3.78) is better than 91.16% of its industry peers.
A Debt/Equity ratio of 0.20 indicates that HBM is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.20, HBM is not doing good in the industry: 68.12% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 3.78 | ||
| Altman-Z | 2.2 |
ROIC/WACC0.8
WACC9.22%
2.3 Liquidity
HBM has a Current 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.
With a Current ratio value of 0.97, HBM is not doing good in the industry: 62.52% of the companies in the same industry are doing better.
A Quick Ratio of 0.76 indicates that HBM may have some problems paying its short term obligations.
HBM's Quick ratio of 0.76 is on the low side compared to the rest of the industry. HBM is outperformed by 63.64% 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.
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.
Looking at the last year, HBM shows a small growth in Revenue. The Revenue has grown by 1.20% in the last year.
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
The Earnings Per Share is expected to grow by 37.29% on average over the next years. This is a very strong growth
Based on estimates for the next years, HBM will show a quite strong growth in Revenue. The Revenue will grow by 11.38% on average per year.
EPS Next Y81.68%
EPS Next 2Y71.34%
EPS Next 3Y50.11%
EPS Next 5Y37.29%
Revenue Next Year9.71%
Revenue Next 2Y11.08%
Revenue Next 3Y10.76%
Revenue Next 5Y11.38%
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 accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 28.30 indicates a quite expensive valuation of HBM.
HBM's Price/Earnings ratio is rather cheap when compared to the industry. HBM is cheaper than 89.79% of the companies in the same industry.
HBM's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.59.
A Price/Forward Earnings ratio of 13.18 indicates a correct valuation of HBM.
Based on the Price/Forward Earnings ratio, HBM is valued cheaply inside the industry as 91.53% of the companies are valued more expensively.
HBM's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.80.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.3 | ||
| Fwd PE | 13.18 |
4.2 Price Multiples
HBM's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. HBM is cheaper than 95.64% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of HBM indicates a rather cheap valuation: HBM is cheaper than 95.02% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.88 | ||
| EV/EBITDA | 8.29 |
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 50.11% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.35
PEG (5Y)N/A
EPS Next 2Y71.34%
EPS Next 3Y50.11%
5. Dividend
5.1 Amount
With a yearly dividend of 0.08%, 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 10.79. HBM pays more dividend than 94.52% 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 2.31.
| 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
HBM pays out 1.22% of its income as dividend. This is a sustainable payout ratio.
DP1.22%
EPS Next 2Y71.34%
EPS Next 3Y50.11%
TSX:HBM (12/10/2025, 7:00:00 PM)
25.19
+0.83 (+3.41%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners77.38%
Inst Owner ChangeN/A
Ins Owners0.18%
Ins Owner ChangeN/A
Market Cap9.98B
Revenue(TTM)2.06B
Net Income(TTM)461.66M
Analysts84
Price Target25.98 (3.14%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.08% |
Yearly Dividend0.02
Dividend Growth(5Y)-0.13%
DP1.22%
Div Incr Years0
Div Non Decr Years10
Ex-Date
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)10.95%
EPS beat(16)7
Avg EPS beat(16)3.97%
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)13.03%
PT rev (3m)41%
EPS NQ rev (1m)27.21%
EPS NQ rev (3m)78.88%
EPS NY rev (1m)-1.25%
EPS NY rev (3m)7%
Revenue NQ rev (1m)13.62%
Revenue NQ rev (3m)20.83%
Revenue NY rev (1m)-1.76%
Revenue NY rev (3m)-2.48%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.3 | ||
| Fwd PE | 13.18 | ||
| P/S | 3.49 | ||
| P/FCF | 22.88 | ||
| P/OCF | 9.74 | ||
| P/B | 2.34 | ||
| P/tB | 2.4 | ||
| EV/EBITDA | 8.29 |
EPS(TTM)0.89
EY3.53%
EPS(NY)1.91
Fwd EY7.58%
FCF(TTM)1.1
FCFY4.37%
OCF(TTM)2.59
OCFY10.27%
SpS7.21
BVpS10.77
TBVpS10.49
PEG (NY)0.35
PEG (5Y)N/A
Graham Number14.68
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 | 2.2 |
F-Score6
WACC9.22%
ROIC/WACC0.8
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 Y81.68%
EPS Next 2Y71.34%
EPS Next 3Y50.11%
EPS Next 5Y37.29%
Revenue 1Y (TTM)1.2%
Revenue growth 3Y10.4%
Revenue growth 5Y10.31%
Sales Q2Q%-28.61%
Revenue Next Year9.71%
Revenue Next 2Y11.08%
Revenue Next 3Y10.76%
Revenue Next 5Y11.38%
EBIT growth 1Y21.35%
EBIT growth 3Y23.63%
EBIT growth 5Y66.43%
EBIT Next Year151.03%
EBIT Next 3Y50.18%
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 of HUDBAY MINERALS INC (HBM.CA) stock?
ChartMill assigns a valuation rating of 8 / 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.
What is the financial health of HUDBAY MINERALS INC (HBM.CA) stock?
The financial health rating of HUDBAY MINERALS INC (HBM.CA) is 3 / 10.
Can you provide the expected EPS growth for HBM stock?
The Earnings per Share (EPS) of HUDBAY MINERALS INC (HBM.CA) is expected to grow by 81.68% in the next year.