TRIPLE FLAG PRECIOUS MET (TFPM) Stock Fundamental Analysis
NYSE:TFPM - New York Stock Exchange, Inc. - CA89679M1041 - Common Stock - Currency: USD
Overall TFPM gets a fundamental rating of 5 out of 10. We evaluated TFPM against 151 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 valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year TFPM was profitable.
TFPM had a positive operating cash flow in the past year.
Of the past 5 years TFPM 4 years were profitable.
Of the past 5 years TFPM 4 years had a positive operating cash flow.
1.2 Ratios
The Return On Assets of TFPM (-3.08%) is comparable to the rest of the industry.
TFPM has a Return On Equity of -3.19%. This is comparable to the rest of the industry: TFPM outperforms 46.85% of its industry peers.
TFPM has a Return On Invested Capital of 2.65%. This is comparable to the rest of the industry: TFPM outperforms 48.95% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for TFPM is significantly below the industry average of 8.84%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.08% | ||
| ROE | -3.19% | ||
| ROIC | 2.65% |
ROA(3y)3.18%
ROA(5y)2.34%
ROE(3y)3.23%
ROE(5y)2.57%
ROIC(3y)3.7%
ROIC(5y)2.85%
1.3 Margins
In the last couple of years the Profit Margin of TFPM has declined.
Looking at the Operating Margin, with a value of 23.88%, TFPM belongs to the top of the industry, outperforming 82.52% of the companies in the same industry.
TFPM's Operating Margin has declined in the last couple of years.
TFPM's Gross Margin of 54.87% is amongst the best of the industry. TFPM outperforms 90.21% of its industry peers.
TFPM's Gross Margin has improved in the last couple of years.
| 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.
TFPM has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
TFPM has an Altman-Z score of 31.54. This indicates that TFPM is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 31.54, TFPM belongs to the best of the industry, outperforming 90.91% of the companies in the same industry.
TFPM has a debt to FCF ratio of 0.30. This is a very positive value and a sign of high solvency as it would only need 0.30 years to pay back of all of its debts.
TFPM has a Debt to FCF ratio of 0.30. This is amongst the best in the industry. TFPM outperforms 93.01% of its industry peers.
A Debt/Equity ratio of 0.02 indicates that TFPM is not too dependend on debt financing.
TFPM has a better Debt to Equity ratio (0.02) than 71.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.3 | ||
| Altman-Z | 31.54 |
ROIC/WACC0.28
WACC9.48%
2.3 Liquidity
A Current Ratio of 3.18 indicates that TFPM has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 3.18, TFPM is in the better half of the industry, outperforming 65.73% of the companies in the same industry.
A Quick Ratio of 3.05 indicates that TFPM has no problem at all paying its short term obligations.
The Quick ratio of TFPM (3.05) is better than 74.13% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.18 | ||
| Quick Ratio | 3.05 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 70.59% over the past year.
EPS 1Y (TTM)70.59%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%100%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%43.43%
3.2 Future
The Earnings Per Share is expected to grow by 19.25% on average over the next years. This is quite good.
TFPM is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -1.85% yearly.
EPS Next Y23.02%
EPS Next 2Y12.3%
EPS Next 3Y18.66%
EPS Next 5Y19.25%
Revenue Next Year10.76%
Revenue Next 2Y5.08%
Revenue Next 3Y-1.85%
Revenue Next 5YN/A
3.3 Evolution
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 28.98, which means the current valuation is very expensive for TFPM.
TFPM's Price/Earnings ratio is a bit cheaper when compared to the industry. TFPM is cheaper than 63.64% of the companies in the same industry.
TFPM's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 29.63.
With a Price/Forward Earnings ratio of 23.56, TFPM is valued on the expensive side.
TFPM's Price/Forward Earnings ratio is in line with the industry average.
TFPM is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 22.68, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.98 | ||
| Fwd PE | 23.56 |
4.2 Price Multiples
TFPM's Enterprise Value to EBITDA ratio is in line with the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of TFPM indicates a somewhat cheap valuation: TFPM is cheaper than 70.63% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.53 | ||
| EV/EBITDA | 25.18 |
4.3 Compensation for Growth
TFPM's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
TFPM's earnings are expected to grow with 18.66% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.26
PEG (5Y)N/A
EPS Next 2Y12.3%
EPS Next 3Y18.66%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.20%, TFPM has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.16, TFPM pays a bit more dividend than its industry peers.
With a Dividend Yield of 1.20, TFPM pays less dividend than the S&P500 average, which is at 2.27.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.2% |
5.2 History
TFPM has been paying a dividend for less than 5 years, so it still needs to build a 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
The earnings of TFPM are negative and hence is the payout ratio. TFPM will probably not be able to sustain this dividend level.
DP-78.34%
EPS Next 2Y12.3%
EPS Next 3Y18.66%
16.81
+0.3 (+1.82%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners86.11%
Inst Owner Change-0.17%
Ins Owners2.39%
Ins Owner ChangeN/A
Market Cap3.38B
Analysts81.25
Price Target21.24 (26.35%)
Short Float %0.42%
Short Ratio2.94
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.2% |
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)0.56%
PT rev (3m)-0.4%
EPS NQ rev (1m)4.66%
EPS NQ rev (3m)15.08%
EPS NY rev (1m)1.81%
EPS NY rev (3m)2.34%
Revenue NQ rev (1m)0.2%
Revenue NQ rev (3m)9.48%
Revenue NY rev (1m)-0.01%
Revenue NY rev (3m)2.4%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.98 | ||
| Fwd PE | 23.56 | ||
| P/S | 13.72 | ||
| P/FCF | 27.53 | ||
| P/OCF | 18.02 | ||
| P/B | 1.98 | ||
| P/tB | 1.98 | ||
| EV/EBITDA | 25.18 |
EPS(TTM)0.58
EY3.45%
EPS(NY)0.71
Fwd EY4.24%
FCF(TTM)0.61
FCFY3.63%
OCF(TTM)0.93
OCFY5.55%
SpS1.23
BVpS8.5
TBVpS8.5
PEG (NY)1.26
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.08% | ||
| ROE | -3.19% | ||
| ROCE | 3.36% | ||
| ROIC | 2.65% | ||
| ROICexc | 2.69% | ||
| ROICexgc | 2.69% | ||
| 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)3.7%
ROIC(5y)2.85%
ROICexc(3y)3.86%
ROICexc(5y)2.97%
ROICexgc(3y)3.86%
ROICexgc(5y)2.97%
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 | 31.54 |
F-Score6
WACC9.48%
ROIC/WACC0.28
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)70.59%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%100%
EPS Next Y23.02%
EPS Next 2Y12.3%
EPS Next 3Y18.66%
EPS Next 5Y19.25%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%43.43%
Revenue Next Year10.76%
Revenue Next 2Y5.08%
Revenue Next 3Y-1.85%
Revenue Next 5YN/A
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%