HUDBAY MINERALS INC (HBM.CA) Fundamental Analysis & Valuation
TSX:HBM • CA4436281022
Current stock price
35.49 CAD
+1.32 (+3.86%)
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.
- HBM had a positive operating cash flow in the past year.
- HBM had positive earnings in 4 of the past 5 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 9.14%. This is amongst the best in the industry. HBM outperforms 91.34% of its industry peers.
- With an excellent Return On Equity value of 17.60%, HBM belongs to the best of the industry, outperforming 94.48% of the companies in the same industry.
- Looking at the Return On Invested Capital, with a value of 5.19%, HBM belongs to the top of the industry, outperforming 90.97% of the companies in the same industry.
| 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
- The Profit Margin of HBM (25.71%) is better than 94.48% 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 92.85% of its industry peers.
- In the last couple of years the Operating Margin of HBM has grown nicely.
- Looking at the Gross Margin, with a value of 33.61%, HBM belongs to the top of the industry, outperforming 90.97% 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
- HBM has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- HBM has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
- An Altman-Z score of 2.85 indicates that HBM is not a great score, but indicates only limited risk for bankruptcy at the moment.
- HBM's Altman-Z score of 2.85 is in line compared to the rest of the industry. HBM outperforms 46.93% of its industry peers.
- The Debt to FCF ratio of HBM is 4.86, which is a neutral value as it means it would take HBM, 4.86 years of fcf income to pay off all of its debts.
- Looking at the Debt to FCF ratio, with a value of 4.86, HBM belongs to the top of the industry, outperforming 90.34% of the companies in the same industry.
- A Debt/Equity ratio of 0.20 indicates that HBM is not too dependend on debt financing.
- HBM has a Debt to Equity ratio of 0.20. This is in the lower half of the industry: HBM underperforms 67.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 4.86 | ||
| Altman-Z | 2.85 |
ROIC/WACC0.44
WACC11.92%
2.3 Liquidity
- HBM has a Current 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.
- The Current ratio of HBM (0.95) is worse than 64.49% of its industry peers.
- A Quick Ratio of 0.78 indicates that HBM may have some problems paying its short term obligations.
- With a Quick ratio value of 0.78, HBM is not doing good in the industry: 65.50% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.95 | ||
| Quick Ratio | 0.78 |
3. HBM.CA Growth Analysis
3.1 Past
- The Earnings Per Share has grown by an impressive 44.68% over the past year.
- HBM shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 89.45% yearly.
- Looking at the last year, HBM shows a quite strong growth in Revenue. The Revenue has grown by 9.39% in the last year.
- The Revenue has been growing by 15.14% on average over the past years. This is quite good.
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
- The Earnings Per Share is expected to grow by 8.88% on average over the next years. This is quite good.
- 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 Year28.23%
Revenue Next 2Y21.19%
Revenue Next 3Y12.06%
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.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. HBM.CA Valuation Analysis
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 38.16, the valuation of HBM can be described as expensive.
- Compared to the rest of the industry, the Price/Earnings ratio of HBM indicates a rather cheap valuation: HBM is cheaper than 88.33% of the companies listed in the same industry.
- The average S&P500 Price/Earnings ratio is at 27.87. HBM is valued slightly more expensive when compared to this.
- With a Price/Forward Earnings ratio of 15.90, HBM is valued correctly.
- Based on the Price/Forward Earnings ratio, HBM is valued cheaper than 90.84% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of HBM to the average of the S&P500 Index (38.51), we can say HBM is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.16 | ||
| Fwd PE | 15.9 |
4.2 Price Multiples
- HBM's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. HBM is cheaper than 94.23% of the companies in the same industry.
- 91.72% 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 | 43.32 | ||
| EV/EBITDA | 10.63 |
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.
- HBM has an outstanding profitability rating, which may justify a higher PE ratio.
- HBM's earnings are expected to grow with 42.90% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.27
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 0.86. HBM pays more dividend than 94.23% 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 1.81.
| 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 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 Years11
5.3 Sustainability
- 0.99% of the earnings are spent on dividend by HBM. This is a low number and sustainable payout ratio.
DP0.99%
EPS Next 2Y78.41%
EPS Next 3Y42.9%
HBM.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:HBM (4/17/2026, 7:00:00 PM)
35.49
+1.32 (+3.86%)
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 Cap14.09B
Revenue(TTM)2.21B
Net Income(TTM)568.50M
Analysts82.73
Price Target41.85 (17.92%)
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)49.04%
EPS NQ rev (1m)-3.79%
EPS NQ rev (3m)7.23%
EPS NY rev (1m)-0.83%
EPS NY rev (3m)15.58%
Revenue NQ rev (1m)3.52%
Revenue NQ rev (3m)6.06%
Revenue NY rev (1m)0.56%
Revenue NY rev (3m)14.96%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.16 | ||
| Fwd PE | 15.9 | ||
| P/S | 4.66 | ||
| P/FCF | 43.32 | ||
| P/OCF | 14.57 | ||
| P/B | 3.19 | ||
| P/tB | 3.27 | ||
| EV/EBITDA | 10.63 |
EPS(TTM)0.93
EY2.62%
EPS(NY)2.23
Fwd EY6.29%
FCF(TTM)0.82
FCFY2.31%
OCF(TTM)2.44
OCFY6.87%
SpS7.62
BVpS11.13
TBVpS10.86
PEG (NY)0.27
PEG (5Y)N/A
Graham Number15.2612 (-57%)
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 | 2.85 |
F-Score6
WACC11.92%
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 Year28.23%
Revenue Next 2Y21.19%
Revenue Next 3Y12.06%
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 38.16 and the Price/Book (PB) ratio is 3.19.
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.