HUDBAY MINERALS INC (HBM.CA) Stock Fundamental Analysis

TSX:HBM • CA4436281022

38.65 CAD
+0.3 (+0.78%)
Last: Feb 27, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

5

HBM gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 816 industry peers in the Metals & Mining industry. HBM scores excellent on profitability, but there are some minor concerns on its financial health. HBM is valued quite cheap, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

8

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.
  • Of the past 5 years HBM 4 years had a positive operating cash flow.
HBM.CA Yearly Net Income VS EBIT VS OCF VS FCFHBM.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M -200M 400M 600M

1.2 Ratios

  • With an excellent Return On Assets value of 7.80%, HBM belongs to the best of the industry, outperforming 90.73% of the companies in the same industry.
  • Looking at the Return On Equity, with a value of 14.99%, HBM belongs to the top of the industry, outperforming 92.46% 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 92.21% 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 12.59%.
  • The 3 year average ROIC (5.61%) for HBM is below the current ROIC(7.37%), indicating increased profibility in the last year.
Industry RankSector 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
HBM.CA Yearly ROA, ROE, ROICHBM.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 -5 -10 -15

1.3 Margins

  • The Profit Margin of HBM (22.38%) is better than 93.82% of its industry peers.
  • HBM's Operating Margin of 24.24% is amongst the best of the industry. HBM outperforms 93.20% of its industry peers.
  • In the last couple of years the Operating Margin of HBM has grown nicely.
  • HBM has a better Gross Margin (31.87%) than 91.10% of its industry peers.
  • In the last couple of years the Gross Margin of HBM has grown nicely.
Industry RankSector 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%
HBM.CA Yearly Profit, Operating, Gross MarginsHBM.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 20 -20

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ROAROEROICOperating and Profit MarginShow most profitable peers

4

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 no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
HBM.CA Yearly Shares OutstandingHBM.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M
HBM.CA Yearly Total Debt VS Total AssetsHBM.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B 5B

2.2 Solvency

  • HBM has an Altman-Z score of 3.10. This indicates that HBM is financially healthy and has little risk of bankruptcy at the moment.
  • The Altman-Z score of HBM (3.10) 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 91.47% 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: 66.01% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 0.2
Debt/FCF 3.78
Altman-Z 3.1
ROIC/WACC0.71
WACC10.41%
HBM.CA Yearly LT Debt VS Equity VS FCFHBM.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M 1B 1.5B 2B 2.5B

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.
  • HBM's Current ratio of 0.97 is on the low side compared to the rest of the industry. HBM is outperformed by 61.06% of its industry peers.
  • A Quick Ratio of 0.76 indicates that HBM may have some problems paying its short term obligations.
  • HBM has a worse Quick ratio (0.76) than 63.41% of its industry peers.
Industry RankSector Rank
Current Ratio 0.97
Quick Ratio 0.76
HBM.CA Yearly Current Assets VS Current LiabilitesHBM.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. Growth

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.
  • The Earnings Per Share has been growing by 89.45% on average over the past years. This is a very strong growth
EPS 1Y (TTM)44.68%
EPS 3Y89.45%
EPS 5YN/A
EPS Q2Q%22.22%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%25.3%

3.2 Future

  • The Earnings Per Share is expected to grow by 4.52% on average over the next years.
  • Based on estimates for the next years, HBM will show a small growth in Revenue. The Revenue will grow by 2.01% on average per year.
EPS Next Y121.87%
EPS Next 2Y65.08%
EPS Next 3Y35.34%
EPS Next 5Y4.52%
Revenue Next Year19.18%
Revenue Next 2Y15.5%
Revenue Next 3Y7.34%
Revenue Next 5Y2.01%

3.3 Evolution

  • The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
HBM.CA Yearly Revenue VS EstimatesHBM.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 1B 2B 3B
HBM.CA Yearly EPS VS EstimatesHBM.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 0.5 -0.5 1 1.5 2

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7

4. Valuation

4.1 Price/Earnings Ratio

  • HBM is valuated quite expensively with a Price/Earnings ratio of 41.56.
  • Based on the Price/Earnings ratio, HBM is valued cheaply inside the industry as 88.38% of the companies are valued more expensively.
  • The average S&P500 Price/Earnings ratio is at 27.07. HBM is valued rather expensively when compared to this.
  • The Price/Forward Earnings ratio is 18.74, which indicates a rather expensive current valuation of HBM.
  • Based on the Price/Forward Earnings ratio, HBM is valued cheaply inside the industry as 90.98% of the companies are valued more expensively.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 28.05, HBM is valued a bit cheaper.
Industry RankSector Rank
PE 41.56
Fwd PE 18.74
HBM.CA Price Earnings VS Forward Price EarningsHBM.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, HBM is valued cheaper than 95.06% of the companies in the same industry.
  • HBM's Price/Free Cash Flow ratio is rather cheap when compared to the industry. HBM is cheaper than 94.07% of the companies in the same industry.
Industry RankSector Rank
P/FCF 35.56
EV/EBITDA 12.93
HBM.CA Per share dataHBM.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8 10

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.
  • HBM's earnings are expected to grow with 35.34% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.34
PEG (5Y)N/A
EPS Next 2Y65.08%
EPS Next 3Y35.34%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

5

5. Dividend

5.1 Amount

  • With a yearly dividend of 0.10%, 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 0.38. HBM pays more dividend than 94.31% of the companies in the same industry.
  • With a Dividend Yield of 0.10, HBM pays less dividend than the S&P500 average, which is at 1.82.
Industry RankSector Rank
Dividend Yield 0.1%

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
HBM.CA Yearly Dividends per shareHBM.CA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.01 0.01 0.02

5.3 Sustainability

  • HBM pays out 1.22% of its income as dividend. This is a sustainable payout ratio.
DP1.22%
EPS Next 2Y65.08%
EPS Next 3Y35.34%
HBM.CA Yearly Income VS Free CF VS DividendHBM.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M -200M
HBM.CA Dividend Payout.HBM.CA Dividend Payout, showing the Payout Ratio.HBM.CA Dividend Payout.PayoutRetained Earnings

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Find the best dividend stocksShow peers with best dividend

HUDBAY MINERALS INC

TSX:HBM (2/27/2026, 7:00:00 PM)

38.65

+0.3 (+0.78%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)02-20
Earnings (Next)05-05
Inst Owners77.49%
Inst Owner ChangeN/A
Ins Owners0.18%
Ins Owner ChangeN/A
Market Cap15.31B
Revenue(TTM)N/A
Net Income(TTM)461.66M
Analysts82.61
Price Target38.72 (0.18%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0.1%
Yearly Dividend0.02
Dividend Growth(5Y)-0.13%
DP1.22%
Div Incr Years0
Div Non Decr Years10
Ex-Date03-10
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)37.89%
PT rev (3m)60.22%
EPS NQ rev (1m)-5.01%
EPS NQ rev (3m)4.94%
EPS NY rev (1m)0%
EPS NY rev (3m)1.62%
Revenue NQ rev (1m)0.88%
Revenue NQ rev (3m)1.26%
Revenue NY rev (1m)0.76%
Revenue NY rev (3m)-0.92%
Valuation
Industry RankSector Rank
PE 41.56
Fwd PE 18.74
P/S 5.43
P/FCF 35.56
P/OCF 15.14
P/B 3.64
P/tB 3.73
EV/EBITDA 12.93
EPS(TTM)0.93
EY2.41%
EPS(NY)2.06
Fwd EY5.34%
FCF(TTM)1.09
FCFY2.81%
OCF(TTM)2.55
OCFY6.61%
SpS7.12
BVpS10.63
TBVpS10.36
PEG (NY)0.34
PEG (5Y)N/A
Graham Number14.91
Profitability
Industry RankSector 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 RankSector 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 3.1
F-Score6
WACC10.41%
ROIC/WACC0.71
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)44.68%
EPS 3Y89.45%
EPS 5YN/A
EPS Q2Q%22.22%
EPS Next Y121.87%
EPS Next 2Y65.08%
EPS Next 3Y35.34%
EPS Next 5Y4.52%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%25.3%
Revenue Next Year19.18%
Revenue Next 2Y15.5%
Revenue Next 3Y7.34%
Revenue Next 5Y2.01%
EBIT growth 1Y21.35%
EBIT growth 3Y23.63%
EBIT growth 5Y66.43%
EBIT Next Year149.9%
EBIT Next 3Y60.06%
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 5 / 10 to HBM.CA.


What is the valuation status for HBM stock?

ChartMill assigns a valuation rating of 7 / 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.


Can you provide the financial health for HBM stock?

The financial health rating of HUDBAY MINERALS INC (HBM.CA) is 4 / 10.


What is the expected EPS growth for HUDBAY MINERALS INC (HBM.CA) stock?

The Earnings per Share (EPS) of HUDBAY MINERALS INC (HBM.CA) is expected to grow by 121.87% in the next year.