TASEKO MINES LTD (TGB) Stock Fundamental Analysis
NYSEARCA:TGB - NYSE Arca - CA8765111064 - Common Stock - Currency: USD
Taking everything into account, TGB scores 4 out of 10 in our fundamental rating. TGB was compared to 155 industry peers in the Metals & Mining industry. TGB has a bad profitability rating. Also its financial health evaluation is rather negative. TGB has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
TGB had positive earnings in the past year.
In the past year TGB had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: TGB reported negative net income in multiple years.
TGB had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
TGB has a Return On Assets (-2.74%) which is comparable to the rest of the industry.
TGB has a Return On Equity of -11.99%. This is in the lower half of the industry: TGB underperforms 63.87% of its industry peers.
Looking at the Return On Invested Capital, with a value of 3.57%, TGB is in line with its industry, outperforming 58.71% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for TGB is significantly below the industry average of 11.61%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.74% | ||
| ROE | -11.99% | ||
| ROIC | 3.57% |
ROA(3y)0.88%
ROA(5y)0.63%
ROE(3y)3.03%
ROE(5y)2.37%
ROIC(3y)4.61%
ROIC(5y)4.94%
1.3 Margins
TGB's Operating Margin of 15.00% is fine compared to the rest of the industry. TGB outperforms 69.03% of its industry peers.
In the last couple of years the Operating Margin of TGB has declined.
With a Gross Margin value of 19.44%, TGB perfoms like the industry average, outperforming 56.13% of the companies in the same industry.
TGB's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15% | ||
| PM (TTM) | N/A | ||
| GM | 19.44% |
OM growth 3Y-21.05%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-18.43%
GM growth 5YN/A
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so TGB is destroying value.
Compared to 1 year ago, TGB has more shares outstanding
TGB has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, TGB has an improved debt to assets ratio.
2.2 Solvency
TGB has an Altman-Z score of 0.86. This is a bad value and indicates that TGB is not financially healthy and even has some risk of bankruptcy.
TGB's Altman-Z score of 0.86 is on the low side compared to the rest of the industry. TGB is outperformed by 79.35% of its industry peers.
TGB has a debt to FCF ratio of 4.65. This is a neutral value as TGB would need 4.65 years to pay back of all of its debts.
The Debt to FCF ratio of TGB (4.65) is better than 69.03% of its industry peers.
TGB has a Debt/Equity ratio of 1.49. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.49, TGB is not doing good in the industry: 90.32% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.49 | ||
| Debt/FCF | 4.65 | ||
| Altman-Z | 0.86 |
ROIC/WACC0.36
WACC9.96%
2.3 Liquidity
A Current Ratio of 1.08 indicates that TGB should not have too much problems paying its short term obligations.
TGB's Current ratio of 1.08 is on the low side compared to the rest of the industry. TGB is outperformed by 83.87% of its industry peers.
TGB has a Quick Ratio of 1.08. This is a bad value and indicates that TGB is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of TGB (0.60) is worse than 87.10% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.08 | ||
| Quick Ratio | 0.6 |
3. Growth
3.1 Past
The earnings per share for TGB have decreased strongly by -12.50% in the last year.
TGB shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.78% yearly.
Looking at the last year, TGB shows a small growth in Revenue. The Revenue has grown by 7.90% in the last year.
The Revenue has been growing by 13.06% on average over the past years. This is quite good.
EPS 1Y (TTM)-12.5%
EPS 3Y3.78%
EPS 5YN/A
EPS Q2Q%-166.67%
Revenue 1Y (TTM)7.9%
Revenue growth 3Y11.96%
Revenue growth 5Y13.06%
Sales Q2Q%-5.31%
3.2 Future
The Earnings Per Share is expected to grow by 43.57% on average over the next years. This is a very strong growth
Based on estimates for the next years, TGB will show a quite strong growth in Revenue. The Revenue will grow by 17.21% on average per year.
EPS Next Y38.65%
EPS Next 2Y67.6%
EPS Next 3Y63.06%
EPS Next 5Y43.57%
Revenue Next Year19.58%
Revenue Next 2Y27.59%
Revenue Next 3Y25.51%
Revenue Next 5Y17.21%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 35.90, the valuation of TGB can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of TGB is on the same level as its industry peers.
Compared to an average S&P500 Price/Earnings ratio of 27.30, TGB is valued a bit more expensive.
The Price/Forward Earnings ratio is 9.21, which indicates a very decent valuation of TGB.
Based on the Price/Forward Earnings ratio, TGB is valued a bit cheaper than the industry average as 80.00% of the companies are valued more expensively.
TGB is valuated cheaply when we compare the Price/Forward Earnings ratio to 21.76, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.9 | ||
| Fwd PE | 9.21 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TGB is valued a bit cheaper than 61.94% of the companies in the same industry.
92.26% of the companies in the same industry are more expensive than TGB, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.09 | ||
| EV/EBITDA | 13.11 |
4.3 Compensation for Growth
TGB's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
TGB's earnings are expected to grow with 63.06% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.93
PEG (5Y)N/A
EPS Next 2Y67.6%
EPS Next 3Y63.06%
5. Dividend
5.1 Amount
No dividends for TGB!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
3.59
-0.07 (-1.91%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners32.82%
Inst Owner Change0%
Ins Owners2.44%
Ins Owner ChangeN/A
Market Cap1.13B
Analysts81.82
Price Target3.44 (-4.18%)
Short Float %3.06%
Short Ratio0.74
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
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)0
Avg Revenue beat(2)-3.08%
Min Revenue beat(2)-3.82%
Max Revenue beat(2)-2.34%
Revenue beat(4)1
Avg Revenue beat(4)-0.8%
Min Revenue beat(4)-3.82%
Max Revenue beat(4)5.11%
Revenue beat(8)3
Avg Revenue beat(8)-0.15%
Revenue beat(12)4
Avg Revenue beat(12)-1.54%
Revenue beat(16)4
Avg Revenue beat(16)-2.7%
PT rev (1m)3.67%
PT rev (3m)8.89%
EPS NQ rev (1m)-220%
EPS NQ rev (3m)-154.54%
EPS NY rev (1m)0%
EPS NY rev (3m)10.6%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.81%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.31%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.9 | ||
| Fwd PE | 9.21 | ||
| P/S | 2.59 | ||
| P/FCF | 9.09 | ||
| P/OCF | 6.78 | ||
| P/B | 3.05 | ||
| P/tB | 3.09 | ||
| EV/EBITDA | 13.11 |
EPS(TTM)0.1
EY2.79%
EPS(NY)0.39
Fwd EY10.86%
FCF(TTM)0.39
FCFY11%
OCF(TTM)0.53
OCFY14.75%
SpS1.39
BVpS1.18
TBVpS1.16
PEG (NY)0.93
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.74% | ||
| ROE | -11.99% | ||
| ROCE | 4.53% | ||
| ROIC | 3.57% | ||
| ROICexc | 3.81% | ||
| ROICexgc | 3.82% | ||
| OM | 15% | ||
| PM (TTM) | N/A | ||
| GM | 19.44% | ||
| FCFM | 28.44% |
ROA(3y)0.88%
ROA(5y)0.63%
ROE(3y)3.03%
ROE(5y)2.37%
ROIC(3y)4.61%
ROIC(5y)4.94%
ROICexc(3y)5.02%
ROICexc(5y)5.79%
ROICexgc(3y)5.04%
ROICexgc(5y)5.82%
ROCE(3y)5.83%
ROCE(5y)6.25%
ROICexcg growth 3Y-31.69%
ROICexcg growth 5YN/A
ROICexc growth 3Y-31.63%
ROICexc growth 5YN/A
OM growth 3Y-21.05%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-18.43%
GM growth 5YN/A
F-Score3
Asset Turnover0.27
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.49 | ||
| Debt/FCF | 4.65 | ||
| Debt/EBITDA | 4.41 | ||
| Cap/Depr | 71.24% | ||
| Cap/Sales | 9.7% | ||
| Interest Coverage | 1.81 | ||
| Cash Conversion | 133.27% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.08 | ||
| Quick Ratio | 0.6 | ||
| Altman-Z | 0.86 |
F-Score3
WACC9.96%
ROIC/WACC0.36
Cap/Depr(3y)155.58%
Cap/Depr(5y)128.33%
Cap/Sales(3y)19.52%
Cap/Sales(5y)18.79%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-12.5%
EPS 3Y3.78%
EPS 5YN/A
EPS Q2Q%-166.67%
EPS Next Y38.65%
EPS Next 2Y67.6%
EPS Next 3Y63.06%
EPS Next 5Y43.57%
Revenue 1Y (TTM)7.9%
Revenue growth 3Y11.96%
Revenue growth 5Y13.06%
Sales Q2Q%-5.31%
Revenue Next Year19.58%
Revenue Next 2Y27.59%
Revenue Next 3Y25.51%
Revenue Next 5Y17.21%
EBIT growth 1Y-26.98%
EBIT growth 3Y-11.61%
EBIT growth 5YN/A
EBIT Next Year152.27%
EBIT Next 3Y76.84%
EBIT Next 5Y45.3%
FCF growth 1Y300.13%
FCF growth 3Y20.05%
FCF growth 5YN/A
OCF growth 1Y298.14%
OCF growth 3Y9.99%
OCF growth 5Y40.43%