MAJESTIC GOLD CORP (MJS.CA) Stock Fundamental Analysis
TSX-V:MJS - TSX Venture Exchange - CA5609121077 - Common Stock - Currency: CAD
We assign a fundamental rating of 6 out of 10 to MJS. MJS was compared to 797 industry peers in the Metals & Mining industry. MJS has an excellent profitability rating, but there are some minor concerns on its financial health. MJS has a correct valuation and a medium 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.
In the past 5 years MJS has always been profitable.
MJS had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
MJS has a Return On Assets of 3.92%. This is amongst the best in the industry. MJS outperforms 88.21% of its industry peers.
With an excellent Return On Equity value of 9.29%, MJS belongs to the best of the industry, outperforming 91.34% of the companies in the same industry.
With an excellent Return On Invested Capital value of 9.07%, MJS belongs to the best of the industry, outperforming 94.48% of the companies in the same industry.
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 12.25%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.92% | ||
| ROE | 9.29% | ||
| ROIC | 9.07% |
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
The Profit Margin of MJS (13.81%) is better than 93.35% of its industry peers.
MJS's Profit Margin has declined in the last couple of years.
MJS's Operating Margin of 39.62% is amongst the best of the industry. MJS outperforms 97.37% of its industry peers.
In the last couple of years the Operating Margin of MJS has grown nicely.
MJS has a better Gross Margin (51.30%) than 95.98% of its industry peers.
In the last couple of years the Gross Margin of MJS has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 39.62% | ||
| PM (TTM) | 13.81% | ||
| GM | 51.3% |
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
MJS has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
MJS has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, MJS has less shares outstanding
Compared to 1 year ago, MJS has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.36, we must say that MJS is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.36, MJS is in line with its industry, outperforming 51.69% of the companies in the same industry.
The Debt to FCF ratio of MJS is 0.59, which is an excellent value as it means it would take MJS, only 0.59 years of fcf income to pay off all of its debts.
MJS's Debt to FCF ratio of 0.59 is amongst the best of the industry. MJS outperforms 95.11% of its industry peers.
MJS has a Debt/Equity ratio of 0.15. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.15, MJS is doing worse than 64.62% of the companies in the same industry.
Even though the debt/equity ratio score it not favorable for MJS, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | 0.59 | ||
| Altman-Z | 1.36 |
ROIC/WACC1.05
WACC8.66%
2.3 Liquidity
MJS has a Current Ratio of 2.00. This indicates that MJS is financially healthy and has no problem in meeting its short term obligations.
MJS has a Current ratio (2.00) which is comparable to the rest of the industry.
MJS has a Quick Ratio of 1.94. This is a normal value and indicates that MJS is financially healthy and should not expect problems in meeting its short term obligations.
MJS has a Quick ratio (1.94) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2 | ||
| Quick Ratio | 1.94 |
3. Growth
3.1 Past
MJS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 37.50%, which is quite impressive.
The Earnings Per Share has been growing by 30.24% on average over the past years. This is a very strong growth
MJS shows a strong growth in Revenue. In the last year, the Revenue has grown by 32.23%.
MJS shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 16.95% yearly.
EPS 1Y (TTM)37.5%
EPS 3Y30.24%
EPS 5YN/A
EPS Q2Q%16%
Revenue 1Y (TTM)32.23%
Revenue growth 3Y22.66%
Revenue growth 5Y16.95%
Sales Q2Q%25.17%
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
A Price/Earnings ratio of 16.50 indicates a correct valuation of MJS.
Based on the Price/Earnings ratio, MJS is valued cheaper than 91.59% of the companies in the same industry.
MJS's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.30.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.5 | ||
| 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 100.00% of the companies listed in the same industry.
MJS's Price/Free Cash Flow ratio is rather cheap when compared to the industry. MJS is cheaper than 99.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.42 | ||
| EV/EBITDA | 0.64 |
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
MJS has a Yearly Dividend Yield of 5.60%, which is a nice return.
MJS's Dividend Yield is rather good when compared to the industry average which is at 13.23. MJS pays more dividend than 99.37% of the companies in the same industry.
MJS's Dividend Yield is rather good when compared to the S&P500 average which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.6% |
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
49.07% of the earnings are spent on dividend by MJS. This is a bit on the high side, but may be sustainable.
DP49.07%
EPS Next 2YN/A
EPS Next 3YN/A
TSX-V:MJS (7/8/2025, 7:00:00 PM)
0.165
-0.01 (-2.94%)
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 Cap172.04M
Analysts0
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.6% |
Yearly Dividend0.01
Dividend Growth(5Y)N/A
DP49.07%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
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 | 16.5 | ||
| Fwd PE | N/A | ||
| P/S | 1.68 | ||
| P/FCF | 4.42 | ||
| P/OCF | 3.51 | ||
| P/B | 1.13 | ||
| P/tB | 1.22 | ||
| EV/EBITDA | 0.64 |
EPS(TTM)0.01
EY6.06%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)0.04
FCFY22.64%
OCF(TTM)0.05
OCFY28.52%
SpS0.1
BVpS0.15
TBVpS0.14
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.92% | ||
| ROE | 9.29% | ||
| ROCE | 14.45% | ||
| ROIC | 9.07% | ||
| ROICexc | 18.17% | ||
| ROICexgc | 19.67% | ||
| OM | 39.62% | ||
| PM (TTM) | 13.81% | ||
| GM | 51.3% | ||
| FCFM | 38.09% |
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 Turnover0.28
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | 0.59 | ||
| Debt/EBITDA | 0.42 | ||
| Cap/Depr | 71.87% | ||
| Cap/Sales | 9.89% | ||
| Interest Coverage | 400.83 | ||
| Cash Conversion | 89.9% | ||
| Profit Quality | 275.88% | ||
| Current Ratio | 2 | ||
| Quick Ratio | 1.94 | ||
| Altman-Z | 1.36 |
F-Score4
WACC8.66%
ROIC/WACC1.05
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)37.5%
EPS 3Y30.24%
EPS 5YN/A
EPS Q2Q%16%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)32.23%
Revenue growth 3Y22.66%
Revenue growth 5Y16.95%
Sales Q2Q%25.17%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y50.79%
EBIT growth 3Y24.44%
EBIT growth 5Y30.32%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y37.18%
FCF growth 3Y46.69%
FCF growth 5Y33.87%
OCF growth 1Y24.27%
OCF growth 3Y22.66%
OCF growth 5Y35.48%