Snowflake Score | |
---|---|
Valuation | 3/6 |
Future Growth | 1/6 |
Past Performance | 5/6 |
Financial Health | 4/6 |
Dividends | 0/6 |
FM Stock Overview
First Quantum Minerals Ltd., together with its subsidiaries, engages in the exploration, development, and production of mineral properties.
First Quantum Minerals Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | CA$36.59 |
52 Week High | CA$45.38 |
52 Week Low | CA$20.67 |
Beta | 1.99 |
1 Month Change | -10.78% |
3 Month Change | 5.27% |
1 Year Change | 19.89% |
3 Year Change | 232.64% |
5 Year Change | 204.66% |
Change since IPO | 14,654.09% |
Recent News & Updates
Shareholder Returns
FM | CA Metals and Mining | CA Market | |
---|---|---|---|
7D | 15.4% | 0.7% | 2.8% |
1Y | 19.9% | -10.4% | 5.9% |
Return vs Industry: FM exceeded the Canadian Metals and Mining industry which returned -12% over the past year.
Return vs Market: FM exceeded the Canadian Market which returned 4.3% over the past year.
Price Volatility
FM volatility | |
---|---|
FM Average Weekly Movement | 7.2% |
Metals and Mining Industry Average Movement | 10.7% |
Market Average Movement | 9.8% |
10% most volatile stocks in CA Market | 16.7% |
10% least volatile stocks in CA Market | 4.2% |
Stable Share Price: FM is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: FM's weekly volatility (7%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
1983 | n/a | Anthony Pascall | https://www.first-quantum.com |
First Quantum Minerals Ltd., together with its subsidiaries, engages in the exploration, development, and production of mineral properties. It primarily explores for copper, nickel, pyrite, gold, silver, and zinc ores, as well as produces acid. The company has operating mines located in Zambia, Panama, Finland, Turkey, Spain, Australia, and Mauritania, as well as a development project in Zambia.
First Quantum Minerals Fundamentals Summary
FM fundamental statistics | |
---|---|
Market Cap | US$18.25b |
Earnings (TTM) | US$1.08b |
Revenue (TTM) | US$7.75b |
18.2x
P/E Ratio2.5x
P/S RatioIs FM overvalued?
See Fair Value and valuation analysisEarnings & Revenue
FM income statement (TTM) | |
---|---|
Revenue | US$7.75b |
Cost of Revenue | US$4.82b |
Gross Profit | US$2.93b |
Other Expenses | US$1.86b |
Earnings | US$1.08b |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
Earnings per share (EPS) | 1.57 |
Gross Margin | 37.79% |
Net Profit Margin | 13.87% |
Debt/Equity Ratio | 65.1% |
How did FM perform over the long term?
See historical performance and comparisonDividends
0.03%
Current Dividend Yield0.506%
Payout RatioValuation
Is First Quantum Minerals undervalued compared to its fair value and its price relative to the market?
Valuation Score
3/6Valuation Score 3/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FM (CA$36.59) is trading below our estimate of fair value (CA$171.12)
Significantly Below Fair Value: FM is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: FM is poor value based on its PE Ratio (18.2x) compared to the Canadian Metals and Mining industry average (10.9x).
PE vs Market: FM is poor value based on its PE Ratio (18.2x) compared to the Canadian market (11.4x).
Price to Earnings Growth Ratio
PEG Ratio: FM is poor value based on its PEG Ratio (2.5x)
Price to Book Ratio
PB vs Industry: FM is good value based on its PB Ratio (1.9x) compared to the CA Metals and Mining industry average (2x).
Future Growth
How is First Quantum Minerals forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?
Future Growth Score
1/6Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
7.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FM's forecast earnings growth (7.2% per year) is above the savings rate (1.6%).
Earnings vs Market: FM's earnings (7.2% per year) are forecast to grow slower than the Canadian market (7.4% per year).
High Growth Earnings: FM's earnings are forecast to grow, but not significantly.
Revenue vs Market: FM's revenue (2.1% per year) is forecast to grow slower than the Canadian market (6.3% per year).
High Growth Revenue: FM's revenue (2.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FM's Return on Equity is forecast to be low in 3 years time (11.7%).
Past Performance
How has First Quantum Minerals performed over the past 5 years?
Past Performance Score
5/6Past Performance Score 5/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
39.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FM has high quality earnings.
Growing Profit Margin: FM's current net profit margins (13.9%) are higher than last year (0.4%).
Past Earnings Growth Analysis
Earnings Trend: FM's earnings have grown significantly by 39.5% per year over the past 5 years.
Accelerating Growth: FM's earnings growth over the past year (4379.2%) exceeds its 5-year average (39.5% per year).
Earnings vs Industry: FM earnings growth over the past year (4379.2%) exceeded the Metals and Mining industry -5.8%.
Return on Equity
High ROE: FM's Return on Equity (11.3%) is considered low.
Financial Health
How is First Quantum Minerals's financial position?
Financial Health Score
4/6Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: FM's short term assets ($4.3B) exceed its short term liabilities ($1.8B).
Long Term Liabilities: FM's short term assets ($4.3B) do not cover its long term liabilities ($11.8B).
Debt to Equity History and Analysis
Debt Level: FM's net debt to equity ratio (48.8%) is considered high.
Reducing Debt: FM's debt to equity ratio has reduced from 65.9% to 65.1% over the past 5 years.
Debt Coverage: FM's debt is well covered by operating cash flow (36.2%).
Interest Coverage: FM's interest payments on its debt are well covered by EBIT (4.3x coverage).
Balance Sheet
Dividend
What is First Quantum Minerals's current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
0.026%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FM's dividend (0.026%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.88%).
High Dividend: FM's dividend (0.026%) is low compared to the top 25% of dividend payers in the Canadian market (4.99%).
Stability and Growth of Payments
Stable Dividend: FM is not paying a notable dividend for the Canadian market, therefore no need to check if payments are stable.
Growing Dividend: FM is not paying a notable dividend for the Canadian market, therefore no need to check if payments are increasing.
Earnings Payout to Shareholders
Earnings Coverage: FM is not paying a notable dividend for the Canadian market.
Cash Payout to Shareholders
Cash Flow Coverage: FM is not paying a notable dividend for the Canadian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
9.3yrs
Average management tenure
CEO
Anthony Pascall (45 yo)
1.33yrs
Tenure
US$2,062,007
Compensation
Mr. Anthony Tristan Pascall serves as the Chief Operating Officer at First Quantum Minerals Limited since January 01, 2021. He serves as Chief Executive Officer and Director at First Quantum Minerals Ltd....
CEO Compensation Analysis
Compensation vs Market: Anthony's total compensation ($USD2.06M) is below average for companies of similar size in the Canadian market ($USD7.25M).
Compensation vs Earnings: Anthony's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: FM's management team is seasoned and experienced (9.3 years average tenure).
Board Members
Experienced Board: FM's board of directors are considered experienced (7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: FM insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
First Quantum Minerals Ltd.'s employee growth, exchange listings and data sources
Key Information
- Name: First Quantum Minerals Ltd.
- Ticker: FM
- Exchange: TSX
- Founded: 1983
- Industry: Copper
- Sector: Materials
- Implied Market Cap: CA$23.433b
- Shares outstanding: 686.78m
- Website: https://www.first-quantum.com
Number of Employees
Location
- First Quantum Minerals Ltd.
- 330 Bay Street
- Suite 1101
- Toronto
- Ontario
- M5H 2S8
- Canada
Listings
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/05/17 00:00 |
End of Day Share Price | 2022/05/17 00:00 |
Earnings | 2022/03/31 |
Annual Earnings | 2021/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.