| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 2/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
HBM Stock Overview
Hudbay Minerals Inc., a diversified mining company, together with its subsidiaries, focuses on the discovery, production, and marketing of base and precious metals in North and South America.
Risk Analysis
No risks detected for HBM from our risk checks.
Hudbay Minerals Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$5.89 |
| 52 Week High | CA$11.17 |
| 52 Week Low | CA$4.07 |
| Beta | 1.93 |
| 1 Month Change | 31.18% |
| 3 Month Change | -10.49% |
| 1 Year Change | -30.21% |
| 3 Year Change | 39.24% |
| 5 Year Change | -42.59% |
| Change since IPO | 180.45% |
Recent News & Updates
Here's What's Concerning About Hudbay Minerals' (TSE:HBM) Returns On Capital
When researching a stock for investment, what can tell us that the company is in decline? Typically, we'll see the...
Shareholder Returns
| HBM | CA Metals and Mining | CA Market | |
|---|---|---|---|
| 7D | 30.3% | 7.6% | 1.9% |
| 1Y | -30.2% | -14.4% | -1.1% |
Return vs Industry: HBM underperformed the Canadian Metals and Mining industry which returned -14.3% over the past year.
Return vs Market: HBM underperformed the Canadian Market which returned -2% over the past year.
Price Volatility
| HBM volatility | |
|---|---|
| HBM Average Weekly Movement | 9.7% |
| Metals and Mining Industry Average Movement | 11.9% |
| Market Average Movement | 10.8% |
| 10% most volatile stocks in CA Market | 19.4% |
| 10% least volatile stocks in CA Market | 4.3% |
Stable Share Price: HBM is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: HBM's weekly volatility (10%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1927 | n/a | Peter Gerald Kukielski | https://www.hudbayminerals.com |
Hudbay Minerals Inc., a diversified mining company, together with its subsidiaries, focuses on the discovery, production, and marketing of base and precious metals in North and South America. It produces copper concentrates containing copper, gold, and silver; silver/gold doré; molybdenum concentrates; and zinc metals. The company owns three polymetallic mines, four ore concentrators, and a zinc production facility in northern Manitoba and Saskatchewan, Canada, as well as in Cusco, Peru; and copper projects in Arizona and Nevada, the United States.
Hudbay Minerals Fundamentals Summary
| HBM fundamental statistics | |
|---|---|
| Market Cap | US$1.21b |
| Earnings (TTM) | -US$84.90m |
| Revenue (TTM) | US$1.58b |
0.8x
P/S Ratio-14.2x
P/E RatioIs HBM overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HBM income statement (TTM) | |
|---|---|
| Revenue | US$1.58b |
| Cost of Revenue | US$876.59m |
| Gross Profit | US$701.61m |
| Other Expenses | US$786.52m |
| Earnings | -US$84.90m |
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.32 |
| Gross Margin | 44.46% |
| Net Profit Margin | -5.38% |
| Debt/Equity Ratio | 73.8% |
How did HBM perform over the long term?
See historical performance and comparisonDividends
0.3%
Current Dividend Yield-5%
Payout RatioValuation
Is HBM undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
3/6Valuation Score 3/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast
Key Valuation Metric
Which metric is best to use when looking at relative valuation for HBM?
Other financial metrics that can be useful for relative valuation.
| What is HBM's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | US$1.21b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 1.4x |
| Enterprise Value/EBITDA | 4x |
| PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does HBM's PS Ratio compare to its peers?
| HBM PS Ratio vs Peers |
|---|
| Company | PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 3.5x | ||
ALS Altius Minerals | 8.9x | -12.2% | CA$871.3m |
MDI Major Drilling Group International | 1.2x | 10.7% | CA$778.0m |
LGO Largo | 2.4x | 5.7% | CA$628.8m |
AFM Alphamin Resources | 1.6x | 9.1% | CA$953.9m |
HBM Hudbay Minerals | 0.8x | -0.9% | CA$1.5b |
Price-To-Sales vs Peers: HBM is good value based on its Price-To-Sales Ratio (0.8x) compared to the peer average (3.5x).
Price to Earnings Ratio vs Industry
How does HBM's PE Ratio compare vs other companies in the CA Metals and Mining Industry?
Price-To-Sales vs Industry: HBM is good value based on its Price-To-Sales Ratio (0.8x) compared to the Canadian Metals and Mining industry average (2.4x)
Price to Sales Ratio vs Fair Ratio
What is HBM's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PS Ratio | 0.8x |
| Fair PS Ratio | 1.6x |
Price-To-Sales vs Fair Ratio: HBM is good value based on its Price-To-Sales Ratio (0.8x) compared to the estimated Fair Price-To-Sales Ratio (1.6x).
Share Price vs Fair Value
What is the Fair Price of HBM when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: HBM (CA$5.89) is trading above our estimate of fair value (CA$0.15)
Significantly Below Fair Value: HBM is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.
Discover undervalued companies
Future Growth
How is Hudbay Minerals forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
Future Growth Score
2/6Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
0.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HBM's forecast earnings growth (0.5% per year) is below the savings rate (1.6%).
Earnings vs Market: HBM is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: HBM is expected to become profitable in the next 3 years.
Revenue vs Market: HBM's revenue is expected to decline over the next 3 years (-0.9% per year).
High Growth Revenue: HBM's revenue is forecast to decline over the next 3 years (-0.9% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HBM's Return on Equity is forecast to be low in 3 years time (2.5%).
Discover growth companies
Past Performance
How has Hudbay Minerals performed over the past 5 years?
Past Performance Score
0/6Past Performance Score 0/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-40.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HBM is currently unprofitable.
Growing Profit Margin: HBM is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: HBM is unprofitable, and losses have increased over the past 5 years at a rate of 40.8% per year.
Accelerating Growth: Unable to compare HBM's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: HBM is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-16.2%).
Return on Equity
High ROE: HBM has a negative Return on Equity (-5.3%), as it is currently unprofitable.
Discover strong past performing companies
Financial Health
How is Hudbay Minerals's financial position?
Financial Health Score
3/6Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: HBM's short term assets ($619.7M) exceed its short term liabilities ($439.4M).
Long Term Liabilities: HBM's short term assets ($619.7M) do not cover its long term liabilities ($2.3B).
Debt to Equity History and Analysis
Debt Level: HBM's net debt to equity ratio (57.7%) is considered high.
Reducing Debt: HBM's debt to equity ratio has increased from 61.3% to 73.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable HBM has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: HBM is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 35.6% per year.
Discover healthy companies
Dividend
What is Hudbay 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
Cash Flow Coverage
0.34%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HBM's dividend (0.34%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.93%).
High Dividend: HBM's dividend (0.34%) is low compared to the top 25% of dividend payers in the Canadian market (5.39%).
Stability and Growth of Payments
Stable Dividend: HBM is not paying a notable dividend for the Canadian market, therefore no need to check if payments are stable.
Growing Dividend: HBM 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: HBM is not paying a notable dividend for the Canadian market.
Cash Payout to Shareholders
Cash Flow Coverage: HBM is not paying a notable dividend for the Canadian market.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
3.1yrs
Average management tenure
CEO
Peter Gerald Kukielski (66 yo)
3.08yrs
Tenure
US$3,690,389
Compensation
Mr. Peter Gerald Jan Kukielski, MSc, BSc serves as President and Chief Executive Officer of Hudbay Minerals Inc. since January 22, 2020. He had been Interim President of Hudbay Minerals Inc. since July 201...
CEO Compensation Analysis
Compensation vs Market: Peter Gerald's total compensation ($USD3.69M) is above average for companies of similar size in the Canadian market ($USD2.30M).
Compensation vs Earnings: Peter Gerald's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: HBM's management team is considered experienced (3.1 years average tenure).
Board Members
Experienced Board: HBM's board of directors are considered experienced (3.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: HBM insiders have bought more shares than they have sold 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
Hudbay Minerals Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Hudbay Minerals Inc.
- Ticker: HBM
- Exchange: TSX
- Founded: 1927
- Industry: Diversified Metals and Mining
- Sector: Materials
- Implied Market Cap: CA$1.543b
- Shares outstanding: 261.89m
- Website: https://www.hudbayminerals.com
Number of Employees
Location
- Hudbay Minerals Inc.
- 25 York Street
- Suite 800
- Toronto
- Ontario
- M5J 2V5
- Canada
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/08/10 00:00 |
| End of Day Share Price | 2022/08/10 00:00 |
| Earnings | 2022/06/30 |
| 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.