HUDBAY MINERALS INC (HBM.CA) Stock Fundamental Analysis
Canada - TSX:HBM - CA4436281022 - Common Stock
22.64 CAD
+0.4 (+1.8%)
Overall HBM gets a fundamental rating of 6 out of 10. We evaluated HBM against 803 industry peers in the Metals & Mining industry. While HBM belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on HBM.
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.
In the past 5 years HBM always reported a positive cash flow from operatings.
1.2 Ratios
HBM has a Return On Assets of 5.13%. This is amongst the best in the industry. HBM outperforms 89.29% of its industry peers.
With an excellent Return On Equity value of 10.09%, HBM belongs to the best of the industry, outperforming 90.68% of the companies in the same industry.
With an excellent Return On Invested Capital value of 9.25%, HBM belongs to the best of the industry, outperforming 94.08% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for HBM is significantly below the industry average of 12.29%.
The last Return On Invested Capital (9.25%) for HBM is above the 3 year average (5.61%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.13% | ||
| ROE | 10.09% | ||
| ROIC | 9.25% |
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
The Profit Margin of HBM (13.13%) is better than 92.44% of its industry peers.
HBM's Operating Margin of 26.94% is amongst the best of the industry. HBM outperforms 94.33% 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 33.24%, HBM belongs to the top of the industry, outperforming 92.19% of the companies in the same industry.
HBM's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.94% | ||
| PM (TTM) | 13.13% | ||
| GM | 33.24% |
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
HBM has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
HBM has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, HBM has more shares outstanding
Compared to 1 year ago, HBM has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.18 indicates that HBM is not a great score, but indicates only limited risk for bankruptcy at the moment.
HBM has a Altman-Z score of 2.18. This is comparable to the rest of the industry: HBM outperforms 48.87% of its industry peers.
HBM has a debt to FCF ratio of 3.38. This is a good value and a sign of high solvency as HBM would need 3.38 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 3.38, HBM belongs to the top of the industry, outperforming 91.44% of the companies in the same industry.
HBM has a Debt/Equity ratio of 0.22. This is a healthy value indicating a solid balance between debt and equity.
HBM has a worse Debt to Equity ratio (0.22) than 69.02% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 3.38 | ||
| Altman-Z | 2.18 |
ROIC/WACC1.13
WACC8.16%
2.3 Liquidity
A Current Ratio of 1.03 indicates that HBM should not have too much problems paying its short term obligations.
HBM's Current ratio of 1.03 is on the low side compared to the rest of the industry. HBM is outperformed by 60.96% of its industry peers.
A Quick Ratio of 0.86 indicates that HBM may have some problems paying its short term obligations.
HBM's Quick ratio of 0.86 is on the low side compared to the rest of the industry. HBM is outperformed by 62.47% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.03 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 72.09% 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 25.11% on average per year.
The Revenue has grown by 8.30% in the past year. This is quite good.
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)72.09%
EPS 3Y25.11%
EPS 5YN/A
EPS Q2Q%760.89%
Revenue 1Y (TTM)8.3%
Revenue growth 3Y10.4%
Revenue growth 5Y10.31%
Sales Q2Q%26.06%
3.2 Future
The Earnings Per Share is expected to grow by 24.55% on average over the next years. This is a very strong growth
HBM is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.62% yearly.
EPS Next Y83.98%
EPS Next 2Y57.68%
EPS Next 3Y43.14%
EPS Next 5Y24.55%
Revenue Next Year11.67%
Revenue Next 2Y8.01%
Revenue Next 3Y8.23%
Revenue Next 5Y7.62%
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 stable.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
HBM is valuated rather expensively with a Price/Earnings ratio of 21.77.
90.93% of the companies in the same industry are more expensive than HBM, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 26.06, HBM is valued at the same level.
Based on the Price/Forward Earnings ratio of 13.73, the valuation of HBM can be described as correct.
Based on the Price/Forward Earnings ratio, HBM is valued cheaply inside the industry as 89.80% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of HBM to the average of the S&P500 Index (32.73), we can say HBM is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.77 | ||
| Fwd PE | 13.73 |
4.2 Price Multiples
96.10% of the companies in the same industry are more expensive than HBM, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of HBM indicates a rather cheap valuation: HBM is cheaper than 95.72% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.63 | ||
| EV/EBITDA | 6.81 |
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.
The excellent profitability rating of HBM may justify a higher PE ratio.
HBM's earnings are expected to grow with 43.14% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.26
PEG (5Y)N/A
EPS Next 2Y57.68%
EPS Next 3Y43.14%
5. Dividend
5.1 Amount
HBM has a yearly dividend return of 0.09%, which is pretty low.
HBM's Dividend Yield is rather good when compared to the industry average which is at 12.16. HBM pays more dividend than 94.46% of the companies in the same industry.
With a Dividend Yield of 0.09, HBM pays less dividend than the S&P500 average, which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.09% |
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 Years10
5.3 Sustainability
HBM pays out 1.98% of its income as dividend. This is a sustainable payout ratio.
DP1.98%
EPS Next 2Y57.68%
EPS Next 3Y43.14%
TSX:HBM (11/7/2025, 7:00:00 PM)
22.64
+0.4 (+1.8%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners80.14%
Inst Owner ChangeN/A
Ins Owners0.18%
Ins Owner ChangeN/A
Market Cap8.96B
Revenue(TTM)2.20B
Net Income(TTM)289.02M
Analysts83.81
Price Target22.98 (1.5%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.09% |
Yearly Dividend0.02
Dividend Growth(5Y)-0.13%
DP1.98%
Div Incr Years0
Div Non Decr Years10
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)88.18%
Min EPS beat(2)66.23%
Max EPS beat(2)110.14%
EPS beat(4)3
Avg EPS beat(4)88.52%
Min EPS beat(4)-3.49%
Max EPS beat(4)181.22%
EPS beat(8)5
Avg EPS beat(8)71.51%
EPS beat(12)6
Avg EPS beat(12)18.68%
EPS beat(16)8
Avg EPS beat(16)26.45%
Revenue beat(2)1
Avg Revenue beat(2)4.56%
Min Revenue beat(2)-0.09%
Max Revenue beat(2)9.21%
Revenue beat(4)2
Avg Revenue beat(4)3.35%
Min Revenue beat(4)-1.56%
Max Revenue beat(4)9.21%
Revenue beat(8)3
Avg Revenue beat(8)-0.08%
Revenue beat(12)4
Avg Revenue beat(12)-2.04%
Revenue beat(16)4
Avg Revenue beat(16)-2.67%
PT rev (1m)20.53%
PT rev (3m)40.31%
EPS NQ rev (1m)-29.95%
EPS NQ rev (3m)-26.86%
EPS NY rev (1m)3.41%
EPS NY rev (3m)57.52%
Revenue NQ rev (1m)-14%
Revenue NQ rev (3m)-17.04%
Revenue NY rev (1m)-1.13%
Revenue NY rev (3m)0.62%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.77 | ||
| Fwd PE | 13.73 | ||
| P/S | 2.88 | ||
| P/FCF | 17.63 | ||
| P/OCF | 8.22 | ||
| P/B | 2.22 | ||
| P/tB | 2.28 | ||
| EV/EBITDA | 6.81 |
EPS(TTM)1.04
EY4.59%
EPS(NY)1.65
Fwd EY7.28%
FCF(TTM)1.28
FCFY5.67%
OCF(TTM)2.76
OCFY12.17%
SpS7.85
BVpS10.21
TBVpS9.92
PEG (NY)0.26
PEG (5Y)N/A
Graham Number15.46
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.13% | ||
| ROE | 10.09% | ||
| ROCE | 12.85% | ||
| ROIC | 9.25% | ||
| ROICexc | 10.7% | ||
| ROICexgc | 10.92% | ||
| OM | 26.94% | ||
| PM (TTM) | 13.13% | ||
| GM | 33.24% | ||
| FCFM | 16.36% |
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-Score7
Asset Turnover0.39
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 3.38 | ||
| Debt/EBITDA | 0.63 | ||
| Cap/Depr | 96.95% | ||
| Cap/Sales | 18.73% | ||
| Interest Coverage | 9.2 | ||
| Cash Conversion | 75.85% | ||
| Profit Quality | 124.63% | ||
| Current Ratio | 1.03 | ||
| Quick Ratio | 0.86 | ||
| Altman-Z | 2.18 |
F-Score7
WACC8.16%
ROIC/WACC1.13
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)72.09%
EPS 3Y25.11%
EPS 5YN/A
EPS Q2Q%760.89%
EPS Next Y83.98%
EPS Next 2Y57.68%
EPS Next 3Y43.14%
EPS Next 5Y24.55%
Revenue 1Y (TTM)8.3%
Revenue growth 3Y10.4%
Revenue growth 5Y10.31%
Sales Q2Q%26.06%
Revenue Next Year11.67%
Revenue Next 2Y8.01%
Revenue Next 3Y8.23%
Revenue Next 5Y7.62%
EBIT growth 1Y39.99%
EBIT growth 3Y23.63%
EBIT growth 5Y66.43%
EBIT Next Year145.38%
EBIT Next 3Y40.82%
EBIT Next 5Y27.84%
FCF growth 1Y624.49%
FCF growth 3Y267.69%
FCF growth 5Y43.75%
OCF growth 1Y117.84%
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 4 / 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 83.98% in the next year.