MANDALAY RESOURCES CORP (MND.CA) Stock Fundamental Analysis
TSX:MND - Toronto Stock Exchange - CA5625684025 - Common Stock - Currency: CAD
We assign a fundamental rating of 7 out of 10 to MND. MND was compared to 820 industry peers in the Metals & Mining industry. MND scores excellent points on both the profitability and health parts. This is a solid base for a good stock. A decent growth rate in combination with a cheap valuation! Better keep an eye on MND. This makes MND very considerable for value and quality investing!
1. Profitability
1.1 Basic Checks
In the past year MND was profitable.
In the past year MND had a positive cash flow from operations.
MND had positive earnings in 4 of the past 5 years.
In the past 5 years MND always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of MND (9.21%) is better than 93.24% of its industry peers.
With an excellent Return On Equity value of 13.10%, MND belongs to the best of the industry, outperforming 93.65% of the companies in the same industry.
MND has a Return On Invested Capital of 13.66%. This is amongst the best in the industry. MND outperforms 96.35% of its industry peers.
MND had an Average Return On Invested Capital over the past 3 years of 10.28%. This is in line with the industry average of 11.94%.
The last Return On Invested Capital (13.66%) for MND is above the 3 year average (10.28%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.21% | ||
| ROE | 13.1% | ||
| ROIC | 13.66% |
ROA(3y)9.42%
ROA(5y)4.83%
ROE(3y)15.94%
ROE(5y)7.61%
ROIC(3y)10.28%
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 13.28%, MND belongs to the top of the industry, outperforming 94.46% of the companies in the same industry.
MND's Profit Margin has declined in the last couple of years.
MND has a Operating Margin of 29.27%. This is amongst the best in the industry. MND outperforms 96.08% of its industry peers.
In the last couple of years the Operating Margin of MND has declined.
With an excellent Gross Margin value of 36.09%, MND belongs to the best of the industry, outperforming 93.38% of the companies in the same industry.
MND's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 29.27% | ||
| PM (TTM) | 13.28% | ||
| GM | 36.09% |
OM growth 3Y-28.34%
OM growth 5YN/A
PM growth 3Y-4.43%
PM growth 5YN/A
GM growth 3Y-18.1%
GM growth 5YN/A
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so MND is still creating some value.
Compared to 1 year ago, MND has more shares outstanding
The number of shares outstanding for MND has been increased compared to 5 years ago.
The debt/assets ratio for MND has been reduced compared to a year ago.
2.2 Solvency
MND has an Altman-Z score of 3.69. This indicates that MND is financially healthy and has little risk of bankruptcy at the moment.
MND has a better Altman-Z score (3.69) than 62.03% of its industry peers.
The Debt to FCF ratio of MND is 0.16, which is an excellent value as it means it would take MND, only 0.16 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of MND (0.16) is better than 96.08% of its industry peers.
MND has a Debt/Equity ratio of 0.02. This is a healthy value indicating a solid balance between debt and equity.
MND has a Debt to Equity ratio of 0.02. This is comparable to the rest of the industry: MND outperforms 41.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.16 | ||
| Altman-Z | 3.69 |
ROIC/WACC1.47
WACC9.28%
2.3 Liquidity
A Current Ratio of 2.00 indicates that MND has no problem at all paying its short term obligations.
MND has a Current ratio (2.00) which is comparable to the rest of the industry.
A Quick Ratio of 1.48 indicates that MND should not have too much problems paying its short term obligations.
MND has a Quick ratio of 1.48. This is comparable to the rest of the industry: MND outperforms 47.70% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2 | ||
| Quick Ratio | 1.48 |
3. Growth
3.1 Past
MND shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 462.50%, which is quite impressive.
The earnings per share for MND have been decreasing by -31.90% on average. This is quite bad
MND shows a strong growth in Revenue. In the last year, the Revenue has grown by 36.74%.
The Revenue has been growing by 9.09% on average over the past years. This is quite good.
EPS 1Y (TTM)462.5%
EPS 3Y-31.9%
EPS 5YN/A
EPS Q2Q%175%
Revenue 1Y (TTM)36.74%
Revenue growth 3Y-1.06%
Revenue growth 5Y9.09%
Sales Q2Q%35.16%
3.2 Future
MND is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 42.58% yearly.
The Revenue is expected to grow by 1.78% on average over the next years.
EPS Next Y358.71%
EPS Next 2Y94.62%
EPS Next 3Y73.45%
EPS Next 5Y42.58%
Revenue Next Year33.44%
Revenue Next 2Y15.03%
Revenue Next 3Y13.29%
Revenue Next 5Y1.78%
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 accelerating.
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
MND is valuated cheaply with a Price/Earnings ratio of 7.55.
Based on the Price/Earnings ratio, MND is valued cheaply inside the industry as 95.54% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 29.63. MND is valued rather cheaply when compared to this.
MND is valuated cheaply with a Price/Forward Earnings ratio of 7.48.
95.00% of the companies in the same industry are more expensive than MND, based on the Price/Forward Earnings ratio.
MND's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.68.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.55 | ||
| Fwd PE | 7.48 |
4.2 Price Multiples
98.24% of the companies in the same industry are more expensive than MND, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, MND is valued cheaper than 97.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.51 | ||
| EV/EBITDA | 2.46 |
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 decent profitability rating of MND may justify a higher PE ratio.
MND's earnings are expected to grow with 73.45% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.02
PEG (5Y)N/A
EPS Next 2Y94.62%
EPS Next 3Y73.45%
5. Dividend
5.1 Amount
MND does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX:MND (2/21/2025, 7:00:00 PM)
4.83
+0.08 (+1.68%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners51.91%
Inst Owner ChangeN/A
Ins Owners1.58%
Ins Owner ChangeN/A
Market Cap449.67M
Analysts80
Price Target6.38 (32.09%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0.1
Dividend Growth(5Y)-0.73%
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)98.02%
Min EPS beat(2)78.22%
Max EPS beat(2)117.82%
EPS beat(4)3
Avg EPS beat(4)41.36%
Min EPS beat(4)-40.59%
Max EPS beat(4)117.82%
EPS beat(8)5
Avg EPS beat(8)-3.53%
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)1
Avg Revenue beat(2)10.08%
Min Revenue beat(2)-2.25%
Max Revenue beat(2)22.41%
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)0%
PT rev (3m)4.55%
EPS NQ rev (1m)50%
EPS NQ rev (3m)90.91%
EPS NY rev (1m)5.83%
EPS NY rev (3m)25.29%
Revenue NQ rev (1m)4.69%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-3.59%
Revenue NY rev (3m)0.48%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.55 | ||
| Fwd PE | 7.48 | ||
| P/S | 1.41 | ||
| P/FCF | 6.51 | ||
| P/OCF | 3.55 | ||
| P/B | 1.39 | ||
| P/tB | 1.39 | ||
| EV/EBITDA | 2.46 |
EPS(TTM)0.64
EY13.25%
EPS(NY)0.65
Fwd EY13.37%
FCF(TTM)0.74
FCFY15.37%
OCF(TTM)1.36
OCFY28.15%
SpS3.43
BVpS3.47
TBVpS3.47
PEG (NY)0.02
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.21% | ||
| ROE | 13.1% | ||
| ROCE | 24.32% | ||
| ROIC | 13.66% | ||
| ROICexc | 17.21% | ||
| ROICexgc | 17.21% | ||
| OM | 29.27% | ||
| PM (TTM) | 13.28% | ||
| GM | 36.09% | ||
| FCFM | 21.67% |
ROA(3y)9.42%
ROA(5y)4.83%
ROE(3y)15.94%
ROE(5y)7.61%
ROIC(3y)10.28%
ROIC(5y)N/A
ROICexc(3y)12.05%
ROICexc(5y)N/A
ROICexgc(3y)12.05%
ROICexgc(5y)N/A
ROCE(3y)18.29%
ROCE(5y)N/A
ROICexcg growth 3Y-33.59%
ROICexcg growth 5YN/A
ROICexc growth 3Y-33.59%
ROICexc growth 5YN/A
OM growth 3Y-28.34%
OM growth 5YN/A
PM growth 3Y-4.43%
PM growth 5YN/A
GM growth 3Y-18.1%
GM growth 5YN/A
F-Score9
Asset Turnover0.69
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.16 | ||
| Debt/EBITDA | 0.05 | ||
| Cap/Depr | 102.33% | ||
| Cap/Sales | 18.01% | ||
| Interest Coverage | 41.55 | ||
| Cash Conversion | 84.67% | ||
| Profit Quality | 163.15% | ||
| Current Ratio | 2 | ||
| Quick Ratio | 1.48 | ||
| Altman-Z | 3.69 |
F-Score9
WACC9.28%
ROIC/WACC1.47
Cap/Depr(3y)122.72%
Cap/Depr(5y)127.81%
Cap/Sales(3y)21.91%
Cap/Sales(5y)24.8%
Profit Quality(3y)72.3%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)462.5%
EPS 3Y-31.9%
EPS 5YN/A
EPS Q2Q%175%
EPS Next Y358.71%
EPS Next 2Y94.62%
EPS Next 3Y73.45%
EPS Next 5Y42.58%
Revenue 1Y (TTM)36.74%
Revenue growth 3Y-1.06%
Revenue growth 5Y9.09%
Sales Q2Q%35.16%
Revenue Next Year33.44%
Revenue Next 2Y15.03%
Revenue Next 3Y13.29%
Revenue Next 5Y1.78%
EBIT growth 1Y217.49%
EBIT growth 3Y-29.11%
EBIT growth 5YN/A
EBIT Next Year370.77%
EBIT Next 3Y66.36%
EBIT Next 5Y38.99%
FCF growth 1Y32.6%
FCF growth 3Y-54.7%
FCF growth 5YN/A
OCF growth 1Y16.08%
OCF growth 3Y-11.12%
OCF growth 5Y17.17%