HUDBAY MINERALS INC (HBM.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:HBM - CA4436281022 - Common Stock
27.28 CAD
+0.66 (+2.48%)
HBM gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 804 industry peers in the Metals & Mining industry. HBM scores excellent on profitability, but there are concerns on its financial health. HBM has both an excellent growth and valuation score. This means it is growing and it is still cheap. This is a rare combination!
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.
In multiple years HBM reported negative net income over the last 5 years.
HBM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of HBM (7.80%) is better than 90.92% of its industry peers.
HBM has a better Return On Equity (14.99%) than 92.91% of its industry peers.
The Return On Invested Capital of HBM (7.37%) is better than 91.92% 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 12.96%.
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
Looking at the Profit Margin, with a value of 22.38%, HBM belongs to the top of the industry, outperforming 94.40% of the companies in the same industry.
Looking at the Operating Margin, with a value of 24.24%, HBM belongs to the top of the industry, outperforming 93.16% of the companies in the same industry.
HBM's Operating Margin has improved in the last couple of years.
The Gross Margin of HBM (31.87%) is better than 91.17% of its industry peers.
HBM's Gross Margin has improved in the last couple of years.
| 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.
HBM has more shares outstanding than it did 1 year ago.
HBM has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, HBM has an improved debt to assets ratio.
2.2 Solvency
HBM has an Altman-Z score of 2.40. 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 of 2.40. This is comparable to the rest of the industry: HBM outperforms 47.26% of its industry peers.
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.
HBM has a better Debt to FCF ratio (3.78) than 91.29% of its industry peers.
A Debt/Equity ratio of 0.20 indicates that HBM is not too dependend on debt financing.
HBM has a worse Debt to Equity ratio (0.20) than 68.41% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 3.78 | ||
| Altman-Z | 2.4 |
ROIC/WACC0.8
WACC9.17%
2.3 Liquidity
A Current Ratio of 0.97 indicates that HBM may have some problems paying its short term obligations.
With a Current ratio value of 0.97, HBM is not doing good in the industry: 63.43% 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.
Looking at the Quick ratio, with a value of 0.76, HBM is doing worse than 65.17% of the companies in the same industry.
| 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.
The Earnings Per Share has been growing by 25.11% on average over the past years. This is a very strong growth
Looking at the last year, HBM shows a small growth in Revenue. The Revenue has grown by 1.20% in the last year.
Measured over the past years, HBM shows a quite strong growth in Revenue. The Revenue has been growing by 10.31% on average per year.
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
The Revenue is expected to grow by 11.38% on average over the next years. This is quite good.
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.
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
Based on the Price/Earnings ratio of 31.00, the valuation of HBM can be described as expensive.
89.30% 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 26.77. HBM is around the same levels.
A Price/Forward Earnings ratio of 14.10 indicates a correct valuation of HBM.
Based on the Price/Forward Earnings ratio, HBM is valued cheaply inside the industry as 91.04% 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 23.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31 | ||
| Fwd PE | 14.1 |
4.2 Price Multiples
95.52% of the companies in the same industry are more expensive than HBM, based on the Enterprise Value to EBITDA ratio.
94.90% 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 | 25.05 | ||
| EV/EBITDA | 9.3 |
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 51.48% in the coming years.
PEG (NY)0.45
PEG (5Y)N/A
EPS Next 2Y73.36%
EPS Next 3Y51.48%
5. Dividend
5.1 Amount
With a yearly dividend of 0.07%, HBM is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 0.66, HBM pays a better dividend. On top of this HBM pays more dividend than 94.53% of the companies listed in the same industry.
With a Dividend Yield of 0.07, HBM pays less dividend than the S&P500 average, which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.07% |
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 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 (12/30/2025, 7:00:00 PM)
27.28
+0.66 (+2.48%)
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 Cap10.81B
Revenue(TTM)2.06B
Net Income(TTM)461.66M
Analysts84
Price Target26.34 (-3.45%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.07% |
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)10.77%
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)9%
PT rev (3m)42.39%
EPS NQ rev (1m)-14.23%
EPS NQ rev (3m)43.22%
EPS NY rev (1m)-8.36%
EPS NY rev (3m)-5.24%
Revenue NQ rev (1m)-0.4%
Revenue NQ rev (3m)18.62%
Revenue NY rev (1m)-1.67%
Revenue NY rev (3m)-2.61%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31 | ||
| Fwd PE | 14.1 | ||
| P/S | 3.82 | ||
| P/FCF | 25.05 | ||
| P/OCF | 10.67 | ||
| P/B | 2.56 | ||
| P/tB | 2.63 | ||
| EV/EBITDA | 9.3 |
EPS(TTM)0.88
EY3.23%
EPS(NY)1.93
Fwd EY7.09%
FCF(TTM)1.09
FCFY3.99%
OCF(TTM)2.56
OCFY9.38%
SpS7.13
BVpS10.65
TBVpS10.38
PEG (NY)0.45
PEG (5Y)N/A
Graham Number14.52
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 | 2.4 |
F-Score6
WACC9.17%
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 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 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 68.59% in the next year.