HUDBAY MINERALS INC (HBM.CA) Fundamental Analysis & Valuation
TSX:HBM • CA4436281022
Current stock price
35.03 CAD
-0.46 (-1.3%)
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
- HBM had positive earnings in the past year.
- In the past year HBM had a positive cash flow from operations.
- HBM had positive earnings in 4 of the past 5 years.
- Each year in the past 5 years HBM had a positive operating cash flow.
1.2 Ratios
- HBM has a better Return On Assets (9.14%) than 91.39% of its industry peers.
- The Return On Equity of HBM (17.60%) is better than 94.51% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 5.19%, HBM belongs to the top of the industry, outperforming 91.14% 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
- HBM's Profit Margin of 25.71% is amongst the best of the industry. HBM outperforms 94.51% of its industry peers.
- HBM's Profit Margin has improved in the last couple of years.
- Looking at the Operating Margin, with a value of 26.40%, HBM belongs to the top of the industry, outperforming 92.88% of the companies in the same industry.
- In the last couple of years the Operating Margin of HBM has grown nicely.
- HBM's Gross Margin of 33.61% is amongst the best of the industry. HBM outperforms 91.14% of its industry peers.
- 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.
- 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
- HBM has an Altman-Z score of 2.85. 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 (2.85) which is in line with 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 has a Debt to FCF ratio of 4.86. This is amongst the best in the industry. HBM outperforms 90.39% 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: 66.92% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 4.86 | ||
| Altman-Z | 2.85 |
ROIC/WACC0.43
WACC12.05%
2.3 Liquidity
- A Current Ratio of 0.95 indicates that HBM may have some problems paying its short term obligations.
- Looking at the Current ratio, with a value of 0.95, HBM is doing worse than 64.04% of the companies in the same industry.
- 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 worse Quick ratio (0.78) than 65.17% of its industry peers.
| 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.
- The Earnings Per Share has been growing by 89.45% on average over the past years. This is a very strong growth
- 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
- HBM is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.88% yearly.
- 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
- The Price/Earnings ratio is 37.67, which means the current valuation is very expensive for HBM.
- Compared to the rest of the industry, the Price/Earnings ratio of HBM indicates a rather cheap valuation: HBM is cheaper than 88.39% of the companies listed in the same industry.
- HBM's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 27.95.
- HBM is valuated correctly with a Price/Forward Earnings ratio of 15.69.
- 90.89% of the companies in the same industry are more expensive than HBM, based on the Price/Forward Earnings ratio.
- HBM's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 38.68.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.67 | ||
| Fwd PE | 15.69 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of HBM indicates a rather cheap valuation: HBM is cheaper than 94.26% of the companies listed in the same industry.
- Based on the Price/Free Cash Flow ratio, HBM is valued cheaply inside the industry as 91.76% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 42.76 | ||
| EV/EBITDA | 10.63 |
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.
- A more expensive valuation may be justified as HBM's earnings are expected to grow with 42.90% in the coming years.
PEG (NY)0.27
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.
- Compared to an average industry Dividend Yield of 0.86, HBM pays a better dividend. On top of this HBM pays more dividend than 94.26% of the companies listed in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.81, HBM's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.12% |
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 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 (4/20/2026, 7:00:00 PM)
35.03
-0.46 (-1.3%)
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 Cap13.90B
Revenue(TTM)2.21B
Net Income(TTM)568.50M
Analysts82.73
Price Target41.85 (19.47%)
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 | 37.67 | ||
| Fwd PE | 15.69 | ||
| P/S | 4.6 | ||
| P/FCF | 42.76 | ||
| P/OCF | 14.38 | ||
| P/B | 3.15 | ||
| P/tB | 3.23 | ||
| EV/EBITDA | 10.63 |
EPS(TTM)0.93
EY2.65%
EPS(NY)2.23
Fwd EY6.37%
FCF(TTM)0.82
FCFY2.34%
OCF(TTM)2.44
OCFY6.96%
SpS7.62
BVpS11.13
TBVpS10.86
PEG (NY)0.27
PEG (5Y)N/A
Graham Number15.2612 (-56.43%)
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 | 2.85 |
F-Score6
WACC12.05%
ROIC/WACC0.43
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 37.67 and the Price/Book (PB) ratio is 3.15.
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.