HUDBAY MINERALS INC (HBM.CA) Stock Fundamental Analysis

TSX:HBM • CA4436281022

34.19 CAD
+0.33 (+0.97%)
Last: Feb 20, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

5

Taking everything into account, HBM scores 5 out of 10 in our fundamental rating. HBM was compared to 803 industry peers in the Metals & Mining industry. HBM scores excellent on profitability, but there are concerns on its financial health. HBM has a bad growth rate and is valued cheaply.


Dividend Valuation Growth Profitability Health

8

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.
  • 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 4 of the past 5 years.
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 91.15% of the companies in the same industry.
  • HBM has a Return On Equity of 14.99%. This is amongst the best in the industry. HBM outperforms 93.14% of its industry peers.
  • The Return On Invested Capital of HBM (7.37%) is better than 92.39% 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 12.05%.
  • 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

  • With an excellent Profit Margin value of 22.38%, HBM belongs to the best of the industry, outperforming 94.39% of the companies in the same industry.
  • HBM has a Operating Margin of 24.24%. This is amongst the best in the industry. HBM outperforms 93.02% of its industry peers.
  • HBM's Operating Margin has improved in the last couple of years.
  • HBM has a better Gross Margin (31.87%) than 91.27% of its industry peers.
  • HBM's Gross Margin has improved in the last couple of years.
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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3

2. Health

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.
  • There is no outstanding debt for HBM. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and 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

  • An Altman-Z score of 2.82 indicates that HBM is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • With a Altman-Z score value of 2.82, HBM perfoms like the industry average, outperforming 47.13% of the companies in the same industry.
  • The Debt to FCF ratio of HBM is 3.78, which is a good value as it means it would take HBM, 3.78 years of fcf income to pay off all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 3.78, HBM belongs to the top of the industry, outperforming 91.52% of the companies in the same industry.
  • HBM has a Debt/Equity ratio of 0.20. This is a healthy value indicating a solid balance between debt and equity.
  • Looking at the Debt to Equity ratio, with a value of 0.20, HBM is doing worse than 65.84% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.2
Debt/FCF 3.78
Altman-Z 2.82
ROIC/WACC0.72
WACC10.21%
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 has a worse Current ratio (0.97) than 61.10% of its industry peers.
  • HBM has a Quick 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 Quick ratio value of 0.76, HBM is not doing good in the industry: 63.22% of the companies in the same industry are doing better.
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

  • The Earnings Per Share has grown by an impressive 44.68% over the past year.
  • Measured over the past years, HBM shows a very strong growth in Earnings Per Share. The EPS has been growing by 89.45% on average per year.
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

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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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8

4. Valuation

4.1 Price/Earnings Ratio

  • HBM is valuated quite expensively with a Price/Earnings ratio of 36.76.
  • Based on the Price/Earnings ratio, HBM is valued cheaply inside the industry as 88.90% of the companies are valued more expensively.
  • The average S&P500 Price/Earnings ratio is at 26.99. HBM is valued slightly more expensive when compared to this.
  • The Price/Forward Earnings ratio is 16.55, which indicates a correct valuation of HBM.
  • HBM's Price/Forward Earnings ratio is rather cheap when compared to the industry. HBM is cheaper than 91.15% of the companies in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 28.06. HBM is valued slightly cheaper when compared to this.
Industry RankSector Rank
PE 36.76
Fwd PE 16.55
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

  • 95.26% of the companies in the same industry are more expensive than HBM, based on the Enterprise Value to EBITDA ratio.
  • 94.51% of the companies in the same industry are more expensive than HBM, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 31.41
EV/EBITDA 11.5
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)0.3
PEG (5Y)N/A
EPS Next 2Y65.08%
EPS Next 3Y35.34%

More info and screens

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

5

5. Dividend

5.1 Amount

  • HBM has a yearly dividend return of 0.06%, which is pretty low.
  • HBM's Dividend Yield is rather good when compared to the industry average which is at 0.41. HBM pays more dividend than 94.26% of the companies 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 RankSector Rank
Dividend Yield 0.06%

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 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 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 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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HUDBAY MINERALS INC

TSX:HBM (2/20/2026, 7:00:00 PM)

34.19

+0.33 (+0.97%)

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 Cap13.54B
Revenue(TTM)N/A
Net Income(TTM)461.66M
Analysts82.61
Price Target34.91 (2.11%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0.06%
Yearly Dividend0.02
Dividend Growth(5Y)-0.13%
DP1.22%
Div Incr Years0
Div Non Decr Years10
Ex-DateN/A
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)24.32%
PT rev (3m)44.46%
EPS NQ rev (1m)-2.23%
EPS NQ rev (3m)25.84%
EPS NY rev (1m)0%
EPS NY rev (3m)1.62%
Revenue NQ rev (1m)2.02%
Revenue NQ rev (3m)17.2%
Revenue NY rev (1m)0.76%
Revenue NY rev (3m)-0.92%
Valuation
Industry RankSector Rank
PE 36.76
Fwd PE 16.55
P/S 4.79
P/FCF 31.41
P/OCF 13.37
P/B 3.21
P/tB 3.3
EV/EBITDA 11.5
EPS(TTM)0.93
EY2.72%
EPS(NY)2.07
Fwd EY6.04%
FCF(TTM)1.09
FCFY3.18%
OCF(TTM)2.56
OCFY7.48%
SpS7.13
BVpS10.65
TBVpS10.38
PEG (NY)0.3
PEG (5Y)N/A
Graham Number14.93
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 2.82
F-Score6
WACC10.21%
ROIC/WACC0.72
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 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 for HBM 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.


Can you provide the financial health for HBM stock?

The financial health rating of HUDBAY MINERALS INC (HBM.CA) is 3 / 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.