MAJESTIC GOLD CORP (MJS.CA) Stock Fundamental Analysis
Canada • TSX Venture Exchange • TSX-V:MJS • CA5609121077
0.18 CAD
-0.01 (-5.26%)
Last: Jan 30, 2026, 07:00 PM
Taking everything into account, MJS scores 6 out of 10 in our fundamental rating. MJS was compared to 820 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 has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
- MJS had positive earnings in the past year.
- MJS had a positive operating cash flow in the past year.
- In the past 5 years MJS has always been profitable.
- In the past 5 years MJS always reported a positive cash flow from operatings.
1.2 Ratios
- MJS has a better Return On Assets (3.00%) than 87.20% of its industry peers.
- MJS's Return On Equity of 6.93% is amongst the best of the industry. MJS outperforms 89.51% of its industry peers.
- MJS's Return On Invested Capital of 7.86% is amongst the best of the industry. MJS outperforms 92.80% 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 12.04%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3% | ||
| ROE | 6.93% | ||
| ROIC | 7.86% |
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
- Looking at the Profit Margin, with a value of 9.96%, MJS belongs to the top of the industry, outperforming 91.95% of the companies in the same industry.
- MJS's Profit Margin has declined in the last couple of years.
- MJS's Operating Margin of 34.68% is amongst the best of the industry. MJS outperforms 95.00% of its industry peers.
- In the last couple of years the Operating Margin of MJS has grown nicely.
- The Gross Margin of MJS (50.62%) is better 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 | 34.68% | ||
| PM (TTM) | 9.96% | ||
| GM | 50.62% |
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
- The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so MJS is still creating some value.
- The number of shares outstanding for MJS remains at a similar level compared to 1 year ago.
- MJS has less shares outstanding than it did 5 years ago.
- The debt/assets ratio for MJS has been reduced compared to a year ago.
2.2 Solvency
- Based on the Altman-Z score of 1.46, we must say that MJS is in the distress zone and has some risk of bankruptcy.
- MJS has a Altman-Z score (1.46) which is comparable to the rest of the industry.
- The Debt to FCF ratio of MJS is 1.62, which is an excellent value as it means it would take MJS, only 1.62 years of fcf income to pay off all of its debts.
- MJS has a better Debt to FCF ratio (1.62) than 92.80% of its industry peers.
- A Debt/Equity ratio of 0.21 indicates that MJS is not too dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.21, MJS is doing worse than 66.10% 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 | 0.21 | ||
| Debt/FCF | 1.62 | ||
| Altman-Z | 1.46 |
ROIC/WACC0.81
WACC9.73%
2.3 Liquidity
- A Current Ratio of 2.41 indicates that MJS has no problem at all paying its short term obligations.
- With a Current ratio value of 2.41, MJS perfoms like the industry average, outperforming 56.59% of the companies in the same industry.
- A Quick Ratio of 2.32 indicates that MJS has no problem at all paying its short term obligations.
- Looking at the Quick ratio, with a value of 2.32, MJS is in line with its industry, outperforming 57.56% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.41 | ||
| Quick Ratio | 2.32 |
3. Growth
3.1 Past
- MJS shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -12.22%.
- MJS shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 30.24% yearly.
- Looking at the last year, MJS shows a very strong growth in Revenue. The Revenue has grown by 24.86%.
- The Revenue has been growing by 16.95% on average over the past years. This is quite good.
EPS 1Y (TTM)-12.22%
EPS 3Y30.24%
EPS 5YN/A
EPS Q2Q%-10.34%
Revenue 1Y (TTM)24.86%
Revenue growth 3Y22.66%
Revenue growth 5Y16.95%
Sales Q2Q%14.04%
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 18.00, the valuation of MJS can be described as rather expensive.
- MJS's Price/Earnings ratio is rather cheap when compared to the industry. MJS is cheaper than 93.78% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 28.32. MJS is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18 | ||
| Fwd PE | N/A |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, MJS is valued cheaply inside the industry as 99.63% of the companies are valued more expensively.
- Based on the Price/Free Cash Flow ratio, MJS is valued cheaper than 98.66% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.14 | ||
| EV/EBITDA | 1.13 |
4.3 Compensation for Growth
- MJS has an outstanding profitability rating, which 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 3.79%, MJS has a reasonable but not impressive dividend return.
- MJS's Dividend Yield is rather good when compared to the industry average which is at 0.42. MJS pays more dividend than 99.39% of the companies in the same industry.
- MJS's Dividend Yield is rather good when compared to the S&P500 average which is at 1.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.79% |
5.2 History
- MJS is new to the dividend game and has less than 3 years of track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 61.63% of the earnings are spent on dividend by MJS. This is not a sustainable payout ratio.
DP61.63%
EPS Next 2YN/A
EPS Next 3YN/A
MAJESTIC GOLD CORP / MJS.CA FAQ
What is the fundamental rating for MJS stock?
ChartMill assigns a fundamental rating of 6 / 10 to MJS.CA.
What is the valuation status for MJS stock?
ChartMill assigns a valuation rating of 5 / 10 to MAJESTIC GOLD CORP (MJS.CA). This can be considered as Fairly Valued.
How profitable is MAJESTIC GOLD CORP (MJS.CA) stock?
MAJESTIC GOLD CORP (MJS.CA) has a profitability rating of 8 / 10.
Can you provide the financial health for MJS stock?
The financial health rating of MAJESTIC GOLD CORP (MJS.CA) is 7 / 10.
How sustainable is the dividend of MAJESTIC GOLD CORP (MJS.CA) stock?
The dividend rating of MAJESTIC GOLD CORP (MJS.CA) is 3 / 10 and the dividend payout ratio is 61.63%.