MAJESTIC GOLD CORP (MJS.CA) Stock Fundamental Analysis
Canada - TSX-V:MJS - CA5609121077 - Common Stock
0.195 CAD
+0.01 (+2.63%)
Taking everything into account, MJS scores 6 out of 10 in our fundamental rating. MJS was compared to 810 industry peers in the Metals & Mining industry. MJS gets an excellent profitability rating and is at the same time showing great financial health properties. MJS is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
MJS had positive earnings in the past year.
In the past year MJS had a positive cash flow from operations.
Each year in the past 5 years MJS has been profitable.
MJS had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of MJS (3.20%) is better than 87.41% of its industry peers.
Looking at the Return On Equity, with a value of 7.45%, MJS belongs to the top of the industry, outperforming 89.75% of the companies in the same industry.
MJS has a better Return On Invested Capital (7.97%) than 92.96% of its industry peers.
MJS had an Average Return On Invested Capital over the past 3 years of 11.05%. This is in line with the industry average of 12.06%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.2% | ||
| ROE | 7.45% | ||
| ROIC | 7.97% |
ROA(3y)5.75%
ROA(5y)5.64%
ROE(3y)9.69%
ROE(5y)9.37%
ROIC(3y)11.05%
ROIC(5y)11.56%
1.3 Margins
MJS has a Profit Margin of 10.73%. This is amongst the best in the industry. MJS outperforms 92.10% of its industry peers.
In the last couple of years the Profit Margin of MJS has declined.
MJS has a Operating Margin of 35.38%. This is amongst the best in the industry. MJS outperforms 96.05% of its industry peers.
In the last couple of years the Operating Margin of MJS has grown nicely.
The Gross Margin of MJS (50.43%) is better than 95.93% of its industry peers.
In the last couple of years the Gross Margin of MJS has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 35.38% | ||
| PM (TTM) | 10.73% | ||
| GM | 50.43% |
OM growth 3Y1.45%
OM growth 5Y11.43%
PM growth 3Y6.06%
PM growth 5Y-9.29%
GM growth 3Y-5.5%
GM growth 5Y9.62%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), MJS is creating some value.
MJS has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for MJS has been reduced compared to 5 years ago.
The debt/assets ratio for MJS has been reduced compared to a year ago.
2.2 Solvency
MJS has an Altman-Z score of 1.46. This is a bad value and indicates that MJS is not financially healthy and even has some risk of bankruptcy.
MJS has a Altman-Z score of 1.46. This is comparable to the rest of the industry: MJS outperforms 43.95% of its industry peers.
MJS has a debt to FCF ratio of 1.17. This is a very positive value and a sign of high solvency as it would only need 1.17 years to pay back of all of its debts.
MJS has a Debt to FCF ratio of 1.17. This is amongst the best in the industry. MJS outperforms 94.07% of its industry peers.
A Debt/Equity ratio of 0.21 indicates that MJS is not too dependend on debt financing.
MJS has a worse Debt to Equity ratio (0.21) than 67.65% of its industry peers.
Although MJS does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | 1.17 | ||
| Altman-Z | 1.46 |
ROIC/WACC0.9
WACC8.85%
2.3 Liquidity
MJS has a Current Ratio of 2.34. This indicates that MJS is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of MJS (2.34) is comparable to the rest of the industry.
A Quick Ratio of 2.27 indicates that MJS has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 2.27, MJS is in line with its industry, outperforming 56.79% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.34 | ||
| Quick Ratio | 2.27 |
3. Growth
3.1 Past
MJS shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 2.50%.
The Earnings Per Share has been growing by 30.24% on average over the past years. This is a very strong growth
The Revenue has grown by 33.27% in the past year. This is a very strong growth!
Measured over the past years, MJS shows a quite strong growth in Revenue. The Revenue has been growing by 16.95% on average per year.
EPS 1Y (TTM)2.5%
EPS 3Y30.24%
EPS 5YN/A
EPS Q2Q%-60.71%
Revenue 1Y (TTM)33.27%
Revenue growth 3Y22.66%
Revenue growth 5Y16.95%
Sales Q2Q%28.83%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 19.50, the valuation of MJS can be described as rather expensive.
Based on the Price/Earnings ratio, MJS is valued cheaply inside the industry as 93.21% of the companies are valued more expensively.
MJS's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.29.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.5 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MJS indicates a rather cheap valuation: MJS is cheaper than 99.51% of the companies listed in the same industry.
98.89% of the companies in the same industry are more expensive than MJS, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.93 | ||
| EV/EBITDA | 1.36 |
4.3 Compensation for Growth
The excellent profitability rating of MJS may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 16.46%, MJS is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 12.86, MJS pays a better dividend. On top of this MJS pays more dividend than 99.88% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.38, MJS pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 16.46% |
5.2 History
MJS does not have a reliable dividend history as it only pays dividend since a couple or years.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
59.03% of the earnings are spent on dividend by MJS. This is a bit on the high side, but may be sustainable.
DP59.03%
EPS Next 2YN/A
EPS Next 3YN/A
TSX-V:MJS (10/16/2025, 7:00:00 PM)
0.195
+0.01 (+2.63%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst OwnersN/A
Inst Owner ChangeN/A
Ins Owners12.86%
Ins Owner ChangeN/A
Market Cap203.32M
Analysts0
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 16.46% |
Yearly Dividend0.01
Dividend Growth(5Y)N/A
DP59.03%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.5 | ||
| Fwd PE | N/A | ||
| P/S | 1.81 | ||
| P/FCF | 6.93 | ||
| P/OCF | 5.01 | ||
| P/B | 1.25 | ||
| P/tB | 1.31 | ||
| EV/EBITDA | 1.36 |
EPS(TTM)0.01
EY5.13%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)0.03
FCFY14.42%
OCF(TTM)0.04
OCFY19.98%
SpS0.11
BVpS0.16
TBVpS0.15
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.2% | ||
| ROE | 7.45% | ||
| ROCE | 12.82% | ||
| ROIC | 7.97% | ||
| ROICexc | 14.31% | ||
| ROICexgc | 14.89% | ||
| OM | 35.38% | ||
| PM (TTM) | 10.73% | ||
| GM | 50.43% | ||
| FCFM | 26.06% |
ROA(3y)5.75%
ROA(5y)5.64%
ROE(3y)9.69%
ROE(5y)9.37%
ROIC(3y)11.05%
ROIC(5y)11.56%
ROICexc(3y)23.74%
ROICexc(5y)21.65%
ROICexgc(3y)23.74%
ROICexgc(5y)21.65%
ROCE(3y)17.18%
ROCE(5y)18.16%
ROICexcg growth 3Y27.7%
ROICexcg growth 5Y37.55%
ROICexc growth 3Y27.7%
ROICexc growth 5Y37.55%
OM growth 3Y1.45%
OM growth 5Y11.43%
PM growth 3Y6.06%
PM growth 5Y-9.29%
GM growth 3Y-5.5%
GM growth 5Y9.62%
F-Score4
Asset Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | 1.17 | ||
| Debt/EBITDA | 0.63 | ||
| Cap/Depr | 75.74% | ||
| Cap/Sales | 10.03% | ||
| Interest Coverage | 107.49 | ||
| Cash Conversion | 74.22% | ||
| Profit Quality | 242.86% | ||
| Current Ratio | 2.34 | ||
| Quick Ratio | 2.27 | ||
| Altman-Z | 1.46 |
F-Score4
WACC8.85%
ROIC/WACC0.9
Cap/Depr(3y)117.14%
Cap/Depr(5y)175.26%
Cap/Sales(3y)14.21%
Cap/Sales(5y)19.85%
Profit Quality(3y)198.05%
Profit Quality(5y)188.76%
High Growth Momentum
Growth
EPS 1Y (TTM)2.5%
EPS 3Y30.24%
EPS 5YN/A
EPS Q2Q%-60.71%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)33.27%
Revenue growth 3Y22.66%
Revenue growth 5Y16.95%
Sales Q2Q%28.83%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y26.99%
EBIT growth 3Y24.44%
EBIT growth 5Y30.32%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y20.97%
FCF growth 3Y46.69%
FCF growth 5Y33.87%
OCF growth 1Y3.88%
OCF growth 3Y22.66%
OCF growth 5Y35.48%