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TFPM

Triple Flag Precious Metals TSX:TFPM Stock Report

Last Price

CA$15.79

Market Cap

CA$2.5b

7D

-1.9%

1Y

3.1%

Updated

26 May, 2022

Data

Company Financials +
TFPM fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance2/6
Financial Health6/6
Dividends2/6

TFPM Stock Overview

Triple Flag Precious Metals Corp., a gold-focused streaming and royalty company, engages in acquiring and managing precious metals and other streams and royalties in Australia, Canada, Colombia, Mongolia, Peru, South Africa, and the United States.

Triple Flag Precious Metals Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Triple Flag Precious Metals
Historical stock prices
Current Share PriceCA$15.79
52 Week HighCA$20.83
52 Week LowCA$10.50
Beta0
1 Month Change-15.56%
3 Month Change1.22%
1 Year Change3.14%
3 Year Changen/a
5 Year Changen/a
Change since IPO0.89%

Recent News & Updates

May 21
Triple Flag Precious Metals (TSE:TFPM) Is Experiencing Growth In Returns On Capital

Triple Flag Precious Metals (TSE:TFPM) Is Experiencing Growth In Returns On Capital

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...

Shareholder Returns

TFPMCA Metals and MiningCA Market
7D-1.9%4.5%1.7%
1Y3.1%-7.5%4.7%

Return vs Industry: TFPM exceeded the Canadian Metals and Mining industry which returned -7.5% over the past year.

Return vs Market: TFPM underperformed the Canadian Market which returned 4.7% over the past year.

Price Volatility

Is TFPM's price volatile compared to industry and market?
TFPM volatility
TFPM Average Weekly Movement6.4%
Metals and Mining Industry Average Movement10.9%
Market Average Movement9.9%
10% most volatile stocks in CA Market17.0%
10% least volatile stocks in CA Market4.3%

Stable Share Price: TFPM is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: TFPM's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201613Shaun Usmarhttps://www.tripleflagpm.com

Triple Flag Precious Metals Corp., a gold-focused streaming and royalty company, engages in acquiring and managing precious metals and other streams and royalties in Australia, Canada, Colombia, Mongolia, Peru, South Africa, and the United States. The company has a portfolio of streams and royalties providing exposure primarily to gold and silver. It has 78 assets, including 9 streams and 69 royalties.

Triple Flag Precious Metals Fundamentals Summary

How do Triple Flag Precious Metals's earnings and revenue compare to its market cap?
TFPM fundamental statistics
Market CapUS$1.93b
Earnings (TTM)US$52.74m
Revenue (TTM)US$152.81m

36.5x

P/E Ratio

12.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TFPM income statement (TTM)
RevenueUS$152.81m
Cost of RevenueUS$13.55m
Gross ProfitUS$139.26m
Other ExpensesUS$86.52m
EarningsUS$52.74m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.34
Gross Margin91.13%
Net Profit Margin34.51%
Debt/Equity Ratio0%

How did TFPM perform over the long term?

See historical performance and comparison

Dividends

1.5%

Current Dividend Yield

41%

Payout Ratio

Does TFPM pay a reliable dividends?

See TFPM dividend history and benchmarks
When do you need to buy TFPM by to receive an upcoming dividend?
Triple Flag Precious Metals dividend dates
Ex Dividend DateMay 30 2022
Dividend Pay DateJun 15 2022
Days until Ex dividend3 days
Days until Dividend pay date19 days

Does TFPM pay a reliable dividends?

See TFPM dividend history and benchmarks

Valuation

Is Triple Flag Precious Metals undervalued compared to its fair value and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


47.5%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: TFPM (CA$15.79) is trading below our estimate of fair value (CA$30.08)

Significantly Below Fair Value: TFPM is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: TFPM is poor value based on its Price-To-Earnings Ratio (36.5x) compared to the Canadian Metals and Mining industry average (11x).

PE vs Market: TFPM is poor value based on its Price-To-Earnings Ratio (36.5x) compared to the Canadian market (11.5x).


Price to Earnings Growth Ratio

PEG Ratio: TFPM is poor value based on its PEG Ratio (5.3x)


Price to Book Ratio

PB vs Industry: TFPM is good value based on its Price-To-Book Ratio (1.5x) compared to the CA Metals and Mining industry average (2x).


Future Growth

How is Triple Flag Precious Metals forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


6.9%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TFPM's forecast earnings growth (6.9% per year) is above the savings rate (1.6%).

Earnings vs Market: TFPM's earnings (6.9% per year) are forecast to grow slower than the Canadian market (7.6% per year).

High Growth Earnings: TFPM's earnings are forecast to grow, but not significantly.

Revenue vs Market: TFPM's revenue (3% per year) is forecast to grow slower than the Canadian market (6.4% per year).

High Growth Revenue: TFPM's revenue (3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: TFPM's Return on Equity is forecast to be low in 3 years time (4.9%).


Past Performance

How has Triple Flag Precious Metals performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


61.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: TFPM has high quality earnings.

Growing Profit Margin: TFPM's current net profit margins (34.5%) are lower than last year (62.4%).


Past Earnings Growth Analysis

Earnings Trend: TFPM has become profitable over the past 5 years, growing earnings by 61.6% per year.

Accelerating Growth: TFPM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: TFPM had negative earnings growth (-34.7%) over the past year, making it difficult to compare to the Metals and Mining industry average (-1.3%).


Return on Equity

High ROE: TFPM's Return on Equity (4%) is considered low.


Financial Health

How is Triple Flag Precious Metals's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: TFPM's short term assets ($86.4M) exceed its short term liabilities ($2.6M).

Long Term Liabilities: TFPM's short term assets ($86.4M) exceed its long term liabilities ($5.3M).


Debt to Equity History and Analysis

Debt Level: TFPM is debt free.

Reducing Debt: TFPM currently has no debt however we can't compare to 5 years ago as we have no data for that period.

Debt Coverage: TFPM has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: TFPM has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Triple Flag Precious Metals's current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


1.54%

Current Dividend Yield

Upcoming Dividend Payment

TodayMay 27 2022Ex Dividend DateMay 30 2022Dividend Pay DateJun 15 202216 days from Ex DividendBuy in the next 3 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: TFPM's dividend (1.54%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.87%).

High Dividend: TFPM's dividend (1.54%) is low compared to the top 25% of dividend payers in the Canadian market (4.94%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether TFPM's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if TFPM's dividend payments are increasing as they only just started paying a dividend.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (41.4%), TFPM's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (32.3%), TFPM's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

1.0yrs

Average board tenure


CEO

Shaun Usmar (51 yo)

no data

Tenure

US$3,850,385

Compensation

Mr. Shaun A. Usmar, MBA, Eng. founded Triple Flag Mining Finance Ltd. (“Triple Flag”) in May 2016 and serves as its Chief Executive Officer and Director.Mr. Usmar served as an Advisor of Barrick Gold Corp...


CEO Compensation Analysis

Compensation vs Market: Shaun's total compensation ($USD3.85M) is above average for companies of similar size in the Canadian market ($USD2.17M).

Compensation vs Earnings: Shaun's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Board Members

Experienced Board: TFPM's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if 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

Triple Flag Precious Metals Corp.'s employee growth, exchange listings and data sources


Key Information

  • Name: Triple Flag Precious Metals Corp.
  • Ticker: TFPM
  • Exchange: TSX
  • Founded: 2016
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Implied Market Cap: CA$2.464b
  • Shares outstanding: 156.02m
  • Website: https://www.tripleflagpm.com

Number of Employees


Location

  • Triple Flag Precious Metals Corp.
  • TD Canada Trust Tower
  • Suite 4535
  • Toronto
  • Ontario
  • M5J 2S1
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/26 00:00
End of Day Share Price2022/05/26 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.