TRIPLE FLAG PRECIOUS MET (TFPM.CA) Stock Fundamental Analysis
TSX:TFPM - Toronto Stock Exchange - CA89679M1041 - Common Stock
TFPM gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 825 industry peers in the Metals & Mining industry. TFPM is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. TFPM is evaluated to be cheap and growing strongly. This does not happen too often! With these ratings, TFPM could be worth investigating further for value and growth investing!.
1. Profitability
1.1 Basic Checks
In the past year TFPM was profitable.
TFPM had a positive operating cash flow in the past year.
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 Return On Assets of -3.08%. This is in the better half of the industry: TFPM outperforms 75.37% of its industry peers.
With a decent Return On Equity value of -3.19%, TFPM is doing good in the industry, outperforming 77.25% of the companies in the same industry.
The Return On Invested Capital of TFPM (2.42%) is better than 89.10% of its industry peers.
TFPM had an Average Return On Invested Capital over the past 3 years of 3.37%. This is significantly below the industry average of 11.88%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.08% | ||
| ROE | -3.19% | ||
| ROIC | 2.42% |
ROA(3y)3.18%
ROA(5y)2.34%
ROE(3y)3.23%
ROE(5y)2.57%
ROIC(3y)3.37%
ROIC(5y)2.59%
1.3 Margins
In the last couple of years the Profit Margin of TFPM has declined.
TFPM's Operating Margin of 23.88% is amongst the best of the industry. TFPM outperforms 94.48% of its industry peers.
TFPM's Operating Margin has declined in the last couple of years.
The Gross Margin of TFPM (54.87%) is better than 96.90% of its industry peers.
In the last couple of years the Gross Margin of TFPM has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.88% | ||
| PM (TTM) | N/A | ||
| GM | 54.87% |
OM growth 3Y-4.38%
OM growth 5YN/A
PM growth 3Y-28.84%
PM growth 5YN/A
GM growth 3Y3.99%
GM growth 5Y77.07%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so TFPM is destroying value.
The number of shares outstanding for TFPM has been increased compared to 1 year ago.
The number of shares outstanding for TFPM has been increased compared to 5 years ago.
The debt/assets ratio for TFPM is higher compared to a year ago.
2.2 Solvency
TFPM has an Altman-Z score of 30.09. This indicates that TFPM is financially healthy and has little risk of bankruptcy at the moment.
TFPM's Altman-Z score of 30.09 is amongst the best of the industry. TFPM outperforms 85.87% of its industry peers.
The Debt to FCF ratio of TFPM is 0.30, which is an excellent value as it means it would take TFPM, only 0.30 years of fcf income to pay off all of its debts.
TFPM's Debt to FCF ratio of 0.30 is amongst the best of the industry. TFPM outperforms 95.69% of its industry peers.
TFPM has a Debt/Equity ratio of 0.02. This is a healthy value indicating a solid balance between debt and equity.
TFPM's Debt to Equity ratio of 0.02 is in line compared to the rest of the industry. TFPM outperforms 41.72% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.3 | ||
| Altman-Z | 30.09 |
ROIC/WACC0.24
WACC10.21%
2.3 Liquidity
A Current Ratio of 3.18 indicates that TFPM has no problem at all paying its short term obligations.
TFPM has a Current ratio of 3.18. This is in the better half of the industry: TFPM outperforms 63.93% of its industry peers.
A Quick Ratio of 3.05 indicates that TFPM has no problem at all paying its short term obligations.
TFPM has a better Quick ratio (3.05) than 64.74% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.18 | ||
| Quick Ratio | 3.05 |
3. Growth
3.1 Past
TFPM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 32.43%, which is quite impressive.
TFPM shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -20.22% yearly.
The Revenue has grown by 25.66% in the past year. This is a very strong growth!
TFPM shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 36.51% yearly.
EPS 1Y (TTM)32.43%
EPS 3Y-20.22%
EPS 5YN/A
EPS Q2Q%66.67%
Revenue 1Y (TTM)25.66%
Revenue growth 3Y21.92%
Revenue growth 5Y36.51%
Sales Q2Q%49.05%
3.2 Future
TFPM is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 28.10% yearly.
The Revenue is expected to grow by 5.66% on average over the next years.
EPS Next Y63.84%
EPS Next 2Y46.1%
EPS Next 3Y26.55%
EPS Next 5Y28.1%
Revenue Next Year32.06%
Revenue Next 2Y21.26%
Revenue Next 3Y14.45%
Revenue Next 5Y5.66%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 31.97, TFPM can be considered very expensive at the moment.
Based on the Price/Earnings ratio, TFPM is valued cheaply inside the industry as 87.62% of the companies are valued more expensively.
TFPM's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.96.
With a Price/Forward Earnings ratio of 21.67, TFPM is valued on the expensive side.
Compared to the rest of the industry, the Price/Forward Earnings ratio of TFPM indicates a rather cheap valuation: TFPM is cheaper than 87.75% of the companies listed in the same industry.
TFPM is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 24.11, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.97 | ||
| Fwd PE | 21.67 |
4.2 Price Multiples
88.43% of the companies in the same industry are more expensive than TFPM, based on the Enterprise Value to EBITDA ratio.
92.73% of the companies in the same industry are more expensive than TFPM, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.78 | ||
| EV/EBITDA | 24.01 |
4.3 Compensation for Growth
TFPM's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of TFPM may justify a higher PE ratio.
A more expensive valuation may be justified as TFPM's earnings are expected to grow with 26.55% in the coming years.
PEG (NY)0.5
PEG (5Y)N/A
EPS Next 2Y46.1%
EPS Next 3Y26.55%
5. Dividend
5.1 Amount
TFPM has a Yearly Dividend Yield of 1.24%. Purely for dividend investing, there may be better candidates out there.
TFPM's Dividend Yield is rather good when compared to the industry average which is at 3.30. TFPM pays more dividend than 95.96% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.29, TFPM's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.24% |
5.2 History
TFPM has paid a dividend for less than 5 years, so there is no long track record yet.
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 has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-78.34%
EPS Next 2Y46.1%
EPS Next 3Y26.55%
TRIPLE FLAG PRECIOUS MET
TSX:TFPM (1/16/2025, 7:00:00 PM)
22.7
+0.42 (+1.89%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners86.68%
Inst Owner ChangeN/A
Ins Owners2.44%
Ins Owner ChangeN/A
Market Cap4.57B
Analysts81.25
Price Target30.34 (33.66%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.24% |
Yearly Dividend0.23
Dividend Growth(5Y)N/A
DP-78.34%
Div Incr Years3
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)8.1%
Min EPS beat(2)6.95%
Max EPS beat(2)9.24%
EPS beat(4)4
Avg EPS beat(4)9.26%
Min EPS beat(4)6.95%
Max EPS beat(4)12.04%
EPS beat(8)5
Avg EPS beat(8)-0.6%
EPS beat(12)7
Avg EPS beat(12)-2.4%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)1.05%
Min Revenue beat(2)-0.74%
Max Revenue beat(2)2.84%
Revenue beat(4)3
Avg Revenue beat(4)0.97%
Min Revenue beat(4)-0.74%
Max Revenue beat(4)2.84%
Revenue beat(8)5
Avg Revenue beat(8)1.03%
Revenue beat(12)6
Avg Revenue beat(12)-1.74%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)5.52%
EPS NQ rev (1m)0%
EPS NQ rev (3m)9.95%
EPS NY rev (1m)0%
EPS NY rev (3m)3.05%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)9.26%
Revenue NY rev (1m)0.69%
Revenue NY rev (3m)4.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.97 | ||
| Fwd PE | 21.67 | ||
| P/S | 12.85 | ||
| P/FCF | 25.78 | ||
| P/OCF | 16.88 | ||
| P/B | 1.85 | ||
| P/tB | 1.85 | ||
| EV/EBITDA | 24.01 |
EPS(TTM)0.71
EY3.13%
EPS(NY)1.05
Fwd EY4.61%
FCF(TTM)0.88
FCFY3.88%
OCF(TTM)1.34
OCFY5.92%
SpS1.77
BVpS12.25
TBVpS12.25
PEG (NY)0.5
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.08% | ||
| ROE | -3.19% | ||
| ROCE | 3.36% | ||
| ROIC | 2.42% | ||
| ROICexc | 2.45% | ||
| ROICexgc | 2.45% | ||
| OM | 23.88% | ||
| PM (TTM) | N/A | ||
| GM | 54.87% | ||
| FCFM | 49.85% |
ROA(3y)3.18%
ROA(5y)2.34%
ROE(3y)3.23%
ROE(5y)2.57%
ROIC(3y)3.37%
ROIC(5y)2.59%
ROICexc(3y)3.52%
ROICexc(5y)2.7%
ROICexgc(3y)3.52%
ROICexgc(5y)2.7%
ROCE(3y)4.68%
ROCE(5y)3.6%
ROICexcg growth 3Y2.33%
ROICexcg growth 5YN/A
ROICexc growth 3Y2.33%
ROICexc growth 5YN/A
OM growth 3Y-4.38%
OM growth 5YN/A
PM growth 3Y-28.84%
PM growth 5YN/A
GM growth 3Y3.99%
GM growth 5Y77.07%
F-Score6
Asset Turnover0.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.3 | ||
| Debt/EBITDA | 0.28 | ||
| Cap/Depr | 88.33% | ||
| Cap/Sales | 26.28% | ||
| Interest Coverage | 10.28 | ||
| Cash Conversion | 141.95% | ||
| Profit Quality | N/A | ||
| Current Ratio | 3.18 | ||
| Quick Ratio | 3.05 | ||
| Altman-Z | 30.09 |
F-Score6
WACC10.21%
ROIC/WACC0.24
Cap/Depr(3y)163.32%
Cap/Depr(5y)452.33%
Cap/Sales(3y)54.02%
Cap/Sales(5y)220.36%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)32.43%
EPS 3Y-20.22%
EPS 5YN/A
EPS Q2Q%66.67%
EPS Next Y63.84%
EPS Next 2Y46.1%
EPS Next 3Y26.55%
EPS Next 5Y28.1%
Revenue 1Y (TTM)25.66%
Revenue growth 3Y21.92%
Revenue growth 5Y36.51%
Sales Q2Q%49.05%
Revenue Next Year32.06%
Revenue Next 2Y21.26%
Revenue Next 3Y14.45%
Revenue Next 5Y5.66%
EBIT growth 1Y-20.71%
EBIT growth 3Y16.57%
EBIT growth 5YN/A
EBIT Next Year148.47%
EBIT Next 3Y48.96%
EBIT Next 5Y25.82%
FCF growth 1Y34.92%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y69.61%
OCF growth 3Y22.24%
OCF growth 5Y40.73%