TRIPLE FLAG PRECIOUS MET (TFPM) Stock Fundamental Analysis
NYSE:TFPM - New York Stock Exchange, Inc. - CA89679M1041 - Common Stock - Currency: USD
TFPM gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 155 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 is valied quite expensively at the moment, while it does show a decent growth rate. These ratings would make TFPM suitable for quality investing!
1. Profitability
1.1 Basic Checks
In the past year TFPM was profitable.
In the past year TFPM had a positive cash flow from operations.
Of the past 5 years TFPM 4 years were profitable.
In the past 5 years TFPM always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of 0.28%, TFPM perfoms like the industry average, outperforming 57.42% of the companies in the same industry.
TFPM has a Return On Equity of 0.28%. This is comparable to the rest of the industry: TFPM outperforms 57.42% of its industry peers.
With a decent Return On Invested Capital value of 5.04%, TFPM is doing good in the industry, outperforming 64.52% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for TFPM is significantly below the industry average of 11.61%.
The last Return On Invested Capital (5.04%) for TFPM is above the 3 year average (3.48%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.28% | ||
| ROE | 0.28% | ||
| ROIC | 5.04% |
ROA(3y)1.58%
ROA(5y)2.5%
ROE(3y)1.62%
ROE(5y)2.76%
ROIC(3y)3.48%
ROIC(5y)3.45%
1.3 Margins
The Profit Margin of TFPM (1.71%) is better than 65.16% of its industry peers.
TFPM has a Operating Margin of 38.45%. This is amongst the best in the industry. TFPM outperforms 92.26% 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 58.52%, TFPM belongs to the best of the industry, outperforming 91.61% 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 | 38.45% | ||
| PM (TTM) | 1.71% | ||
| GM | 58.52% |
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), TFPM is destroying value.
TFPM has about the same amout of shares outstanding than it did 1 year ago.
TFPM has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, TFPM has an improved debt to assets ratio.
2.2 Solvency
TFPM has an Altman-Z score of 86.18. This indicates that TFPM is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 86.18, TFPM belongs to the best of the industry, outperforming 96.13% of the companies in the same industry.
TFPM has a debt to FCF ratio of 0.01. This is a very positive value and a sign of high solvency as it would only need 0.01 years to pay back of all of its debts.
TFPM has a better Debt to FCF ratio (0.01) than 96.13% of its industry peers.
TFPM has a Debt/Equity ratio of 0.00. This is a healthy value indicating a solid balance between debt and equity.
TFPM's Debt to Equity ratio of 0.00 is amongst the best of the industry. TFPM outperforms 83.23% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Altman-Z | 86.18 |
ROIC/WACC0.58
WACC8.74%
2.3 Liquidity
TFPM has a Current Ratio of 2.32. This indicates that TFPM is financially healthy and has no problem in meeting its short term obligations.
TFPM has a Current ratio of 2.32. This is comparable to the rest of the industry: TFPM outperforms 49.68% of its industry peers.
TFPM has a Quick Ratio of 2.11. This indicates that TFPM is financially healthy and has no problem in meeting its short term obligations.
With a decent Quick ratio value of 2.11, TFPM is doing good in the industry, outperforming 61.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.32 | ||
| Quick Ratio | 2.11 |
3. Growth
3.1 Past
TFPM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 69.23%, which is quite impressive.
Looking at the last year, TFPM shows a very strong growth in Revenue. The Revenue has grown by 39.01%.
TFPM shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 35.38% yearly.
EPS 1Y (TTM)69.23%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%66.67%
Revenue 1Y (TTM)39.01%
Revenue growth 3Y21.38%
Revenue growth 5Y35.38%
Sales Q2Q%42.97%
3.2 Future
The Earnings Per Share is expected to grow by 15.92% on average over the next years. This is quite good.
Based on estimates for the next years, TFPM will show a very negative growth in Revenue. The Revenue will decrease by -16.66% on average per year.
EPS Next Y32.68%
EPS Next 2Y17.87%
EPS Next 3Y15.23%
EPS Next 5Y15.92%
Revenue Next Year17.48%
Revenue Next 2Y8.85%
Revenue Next 3Y6.77%
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
A Price/Earnings ratio of 34.91 indicates a quite expensive valuation of TFPM.
TFPM's Price/Earnings ratio is in line with the industry average.
TFPM is valuated rather expensively when we compare the Price/Earnings ratio to 27.30, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 28.59, which means the current valuation is very expensive for TFPM.
TFPM's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.76, TFPM is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.91 | ||
| Fwd PE | 28.59 |
4.2 Price Multiples
TFPM's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, TFPM is valued a bit cheaper than the industry average as 70.32% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 38.27 | ||
| EV/EBITDA | 24.02 |
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 has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as TFPM's earnings are expected to grow with 15.23% in the coming years.
PEG (NY)1.07
PEG (5Y)N/A
EPS Next 2Y17.87%
EPS Next 3Y15.23%
5. Dividend
5.1 Amount
TFPM has a yearly dividend return of 0.97%, which is pretty low.
Compared to an average industry Dividend Yield of 2.90, TFPM pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.37, TFPM's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.97% |
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 873.09% of its income as dividend. This is not a sustainable payout ratio.
DP873.09%
EPS Next 2Y17.87%
EPS Next 3Y15.23%
23.04
-1.53 (-6.23%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners88.34%
Inst Owner Change0%
Ins Owners2.98%
Ins Owner ChangeN/A
Market Cap4.63B
Analysts80
Price Target26.43 (14.71%)
Short Float %0.51%
Short Ratio1.82
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.97% |
Yearly Dividend0.22
Dividend Growth(5Y)N/A
DP873.09%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)5.67%
Min EPS beat(2)5.36%
Max EPS beat(2)5.99%
EPS beat(4)4
Avg EPS beat(4)6.88%
Min EPS beat(4)5.36%
Max EPS beat(4)9.24%
EPS beat(8)6
Avg EPS beat(8)4.21%
EPS beat(12)8
Avg EPS beat(12)-1.67%
EPS beat(16)11
Avg EPS beat(16)0.51%
Revenue beat(2)1
Avg Revenue beat(2)-0.29%
Min Revenue beat(2)-1.88%
Max Revenue beat(2)1.3%
Revenue beat(4)2
Avg Revenue beat(4)0.38%
Min Revenue beat(4)-1.88%
Max Revenue beat(4)2.84%
Revenue beat(8)5
Avg Revenue beat(8)0.49%
Revenue beat(12)6
Avg Revenue beat(12)-1.3%
Revenue beat(16)9
Avg Revenue beat(16)-0.74%
PT rev (1m)5.39%
PT rev (3m)26.23%
EPS NQ rev (1m)2.88%
EPS NQ rev (3m)15.74%
EPS NY rev (1m)0%
EPS NY rev (3m)8.64%
Revenue NQ rev (1m)5.19%
Revenue NQ rev (3m)4.39%
Revenue NY rev (1m)0%
Revenue NY rev (3m)6.26%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.91 | ||
| Fwd PE | 28.59 | ||
| P/S | 15.75 | ||
| P/FCF | 38.27 | ||
| P/OCF | 19.24 | ||
| P/B | 2.63 | ||
| P/tB | 2.63 | ||
| EV/EBITDA | 24.02 |
EPS(TTM)0.66
EY2.86%
EPS(NY)0.81
Fwd EY3.5%
FCF(TTM)0.6
FCFY2.61%
OCF(TTM)1.2
OCFY5.2%
SpS1.46
BVpS8.77
TBVpS8.77
PEG (NY)1.07
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.28% | ||
| ROE | 0.28% | ||
| ROCE | 6.38% | ||
| ROIC | 5.04% | ||
| ROICexc | 5.11% | ||
| ROICexgc | 5.11% | ||
| OM | 38.45% | ||
| PM (TTM) | 1.71% | ||
| GM | 58.52% | ||
| FCFM | 41.17% |
ROA(3y)1.58%
ROA(5y)2.5%
ROE(3y)1.62%
ROE(5y)2.76%
ROIC(3y)3.48%
ROIC(5y)3.45%
ROICexc(3y)3.61%
ROICexc(5y)3.58%
ROICexgc(3y)3.61%
ROICexgc(5y)3.58%
ROCE(3y)4.41%
ROCE(5y)4.37%
ROICexcg growth 3Y-2.16%
ROICexcg growth 5Y48.72%
ROICexc growth 3Y-2.16%
ROICexc growth 5Y48.72%
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%
F-Score7
Asset Turnover0.16
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Debt/EBITDA | 0.01 | ||
| Cap/Depr | 151.88% | ||
| Cap/Sales | 40.71% | ||
| Interest Coverage | 25.43 | ||
| Cash Conversion | 125.48% | ||
| Profit Quality | 2412.09% | ||
| Current Ratio | 2.32 | ||
| Quick Ratio | 2.11 | ||
| Altman-Z | 86.18 |
F-Score7
WACC8.74%
ROIC/WACC0.58
Cap/Depr(3y)156.97%
Cap/Depr(5y)385.26%
Cap/Sales(3y)49.79%
Cap/Sales(5y)166.31%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)69.23%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%66.67%
EPS Next Y32.68%
EPS Next 2Y17.87%
EPS Next 3Y15.23%
EPS Next 5Y15.92%
Revenue 1Y (TTM)39.01%
Revenue growth 3Y21.38%
Revenue growth 5Y35.38%
Sales Q2Q%42.97%
Revenue Next Year17.48%
Revenue Next 2Y8.85%
Revenue Next 3Y6.77%
Revenue Next 5Y-16.66%
EBIT growth 1Y56.94%
EBIT growth 3Y8.66%
EBIT growth 5Y81.91%
EBIT Next Year89.59%
EBIT Next 3Y28.4%
EBIT Next 5Y18.07%
FCF growth 1Y307.59%
FCF growth 3Y31.41%
FCF growth 5YN/A
OCF growth 1Y83.73%
OCF growth 3Y21.17%
OCF growth 5Y39.99%