TRIPLE FLAG PRECIOUS MET (TFPM.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:TFPM - CA89679M1041 - Common Stock
52.2 CAD
-0.83 (-1.57%)
Overall TFPM gets a fundamental rating of 7 out of 10. We evaluated TFPM against 820 industry peers in the Metals & Mining industry. Both the health and profitability get an excellent rating, making TFPM a very profitable company, without any liquidiy or solvency issues. TFPM has a decent growth rate and is not valued too expensively. This makes TFPM very considerable for quality investing!
1. Profitability
1.1 Basic Checks
- TFPM had positive earnings in the past year.
- In the past year TFPM had a positive cash flow from operations.
- TFPM had positive earnings in 4 of the past 5 years.
- TFPM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- TFPM has a better Return On Assets (9.99%) than 92.80% of its industry peers.
- Looking at the Return On Equity, with a value of 10.32%, TFPM belongs to the top of the industry, outperforming 91.10% of the companies in the same industry.
- With an excellent Return On Invested Capital value of 7.06%, TFPM belongs to the best of the industry, outperforming 91.95% of the companies in the same industry.
- TFPM had an Average Return On Invested Capital over the past 3 years of 3.17%. This is significantly below the industry average of 12.04%.
- The 3 year average ROIC (3.17%) for TFPM is below the current ROIC(7.06%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.99% | ||
| ROE | 10.32% | ||
| ROIC | 7.06% |
ROA(3y)1.58%
ROA(5y)2.5%
ROE(3y)1.62%
ROE(5y)2.76%
ROIC(3y)3.17%
ROIC(5y)3.15%
1.3 Margins
- Looking at the Profit Margin, with a value of 59.43%, TFPM belongs to the top of the industry, outperforming 98.90% of the companies in the same industry.
- TFPM has a Operating Margin of 57.24%. This is amongst the best in the industry. TFPM outperforms 98.90% of its industry peers.
- In the last couple of years the Operating Margin of TFPM has grown nicely.
- With an excellent Gross Margin value of 64.74%, TFPM belongs to the best of the industry, outperforming 97.32% of the companies in the same industry.
- In the last couple of years the Gross Margin of TFPM has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 57.24% | ||
| PM (TTM) | 59.43% | ||
| GM | 64.74% |
OM growth 3Y-10.48%
OM growth 5Y34.37%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.4%
GM growth 5Y22.86%
2. Health
2.1 Basic Checks
- TFPM has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- The number of shares outstanding for TFPM remains at a similar level compared to 1 year ago.
- Compared to 5 years ago, TFPM has more shares outstanding
- TFPM has a better debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 73.28 indicates that TFPM is not in any danger for bankruptcy at the moment.
- The Altman-Z score of TFPM (73.28) is better than 85.12% of its industry peers.
- The Debt to FCF ratio of TFPM is 0.21, which is an excellent value as it means it would take TFPM, only 0.21 years of fcf income to pay off all of its debts.
- The Debt to FCF ratio of TFPM (0.21) is better than 95.73% of its industry peers.
- TFPM has a Debt/Equity ratio of 0.01. This is a healthy value indicating a solid balance between debt and equity.
- TFPM has a Debt to Equity ratio of 0.01. This is comparable to the rest of the industry: TFPM outperforms 48.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.21 | ||
| Altman-Z | 73.28 |
ROIC/WACC0.72
WACC9.79%
2.3 Liquidity
- A Current Ratio of 1.68 indicates that TFPM should not have too much problems paying its short term obligations.
- TFPM has a Current ratio of 1.68. This is comparable to the rest of the industry: TFPM outperforms 48.29% of its industry peers.
- A Quick Ratio of 1.68 indicates that TFPM should not have too much problems paying its short term obligations.
- With a Quick ratio value of 1.68, TFPM perfoms like the industry average, outperforming 50.98% of the companies in the same industry.
- The current and quick ratio evaluation for TFPM is rather negative, while it does have excellent solvency and profitability. These ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.68 | ||
| Quick Ratio | 1.68 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 75.51% over the past year.
- Looking at the last year, TFPM shows a very strong growth in Revenue. The Revenue has grown by 39.54%.
- The Revenue has been growing by 35.38% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)75.51%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%60%
Revenue 1Y (TTM)39.54%
Revenue growth 3Y21.38%
Revenue growth 5Y35.38%
Sales Q2Q%26.86%
3.2 Future
- Based on estimates for the next years, TFPM will show a very strong growth in Earnings Per Share. The EPS will grow by 24.63% on average per year.
- TFPM is expected to show a very negative growth in Revenue. In the coming years, the Revenue will decrease by -16.66% yearly.
EPS Next Y70%
EPS Next 2Y39.86%
EPS Next 3Y28.27%
EPS Next 5Y24.63%
Revenue Next Year40.03%
Revenue Next 2Y25.15%
Revenue Next 3Y15.77%
Revenue Next 5Y-16.66%
3.3 Evolution
- 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
- The Price/Earnings ratio is 44.24, which means the current valuation is very expensive for TFPM.
- Based on the Price/Earnings ratio, TFPM is valued cheaply inside the industry as 88.66% of the companies are valued more expensively.
- TFPM is valuated expensively when we compare the Price/Earnings ratio to 28.60, which is the current average of the S&P500 Index.
- With a Price/Forward Earnings ratio of 33.64, TFPM can be considered very expensive at the moment.
- Based on the Price/Forward Earnings ratio, TFPM is valued cheaply inside the industry as 88.17% of the companies are valued more expensively.
- TFPM is valuated rather expensively when we compare the Price/Forward Earnings ratio to 25.83, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 44.24 | ||
| Fwd PE | 33.64 |
4.2 Price Multiples
- TFPM's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. TFPM is cheaper than 90.98% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, TFPM is valued cheaply inside the industry as 91.10% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 115.27 | ||
| EV/EBITDA | 28.44 |
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 TFPM may justify a higher PE ratio.
- TFPM's earnings are expected to grow with 28.27% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.63
PEG (5Y)N/A
EPS Next 2Y39.86%
EPS Next 3Y28.27%
5. Dividend
5.1 Amount
- TFPM has a yearly dividend return of 0.59%, which is pretty low.
- TFPM's Dividend Yield is rather good when compared to the industry average which is at 0.56. TFPM pays more dividend than 96.10% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.82, TFPM's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.59% |
5.2 History
- TFPM has been paying a dividend for over 5 years, so it has already some track record.
- TFPM has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
- TFPM pays out 22.03% of its income as dividend. This is a sustainable payout ratio.
DP22.03%
EPS Next 2Y39.86%
EPS Next 3Y28.27%
TRIPLE FLAG PRECIOUS MET / TFPM.CA FAQ
What is the fundamental rating for TFPM stock?
ChartMill assigns a fundamental rating of 7 / 10 to TFPM.CA.
Can you provide the valuation status for TRIPLE FLAG PRECIOUS MET?
ChartMill assigns a valuation rating of 6 / 10 to TRIPLE FLAG PRECIOUS MET (TFPM.CA). This can be considered as Fairly Valued.
Can you provide the profitability details for TRIPLE FLAG PRECIOUS MET?
TRIPLE FLAG PRECIOUS MET (TFPM.CA) has a profitability rating of 8 / 10.
What is the financial health of TRIPLE FLAG PRECIOUS MET (TFPM.CA) stock?
The financial health rating of TRIPLE FLAG PRECIOUS MET (TFPM.CA) is 7 / 10.
Is the dividend of TRIPLE FLAG PRECIOUS MET sustainable?
The dividend rating of TRIPLE FLAG PRECIOUS MET (TFPM.CA) is 4 / 10 and the dividend payout ratio is 22.03%.