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ANTO

Antofagasta LSE:ANTO Stock Report

Last Price

UK£14.70

Market Cap

UK£14.5b

7D

3.3%

1Y

-4.8%

Updated

27 May, 2022

Data

Company Financials +
ANTO fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance6/6
Financial Health6/6
Dividends4/6

ANTO Stock Overview

Antofagasta plc operates as a mining company.

Antofagasta Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Antofagasta
Historical stock prices
Current Share PriceUK£14.70
52 Week HighUK£18.00
52 Week LowUK£11.99
Beta0.96
1 Month Change-4.82%
3 Month Change1.55%
1 Year Change-4.82%
3 Year Change87.79%
5 Year Change82.61%
Change since IPO1,953.07%

Recent News & Updates

May 12
We Think Antofagasta (LON:ANTO) Might Have The DNA Of A Multi-Bagger

We Think Antofagasta (LON:ANTO) Might Have The DNA Of A Multi-Bagger

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

Apr 06
We Think Antofagasta (LON:ANTO) Can Manage Its Debt With Ease

We Think Antofagasta (LON:ANTO) Can Manage Its Debt With Ease

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Feb 27
Do Antofagasta's (LON:ANTO) Earnings Warrant Your Attention?

Do Antofagasta's (LON:ANTO) Earnings Warrant Your Attention?

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...

Shareholder Returns

ANTOGB Metals and MiningGB Market
7D3.3%5.2%1.0%
1Y-4.8%3.6%-2.8%

Return vs Industry: ANTO underperformed the UK Metals and Mining industry which returned 3.6% over the past year.

Return vs Market: ANTO underperformed the UK Market which returned -2.8% over the past year.

Price Volatility

Is ANTO's price volatile compared to industry and market?
ANTO volatility
ANTO Average Weekly Movement6.1%
Metals and Mining Industry Average Movement8.5%
Market Average Movement6.0%
10% most volatile stocks in GB Market11.4%
10% least volatile stocks in GB Market3.0%

Stable Share Price: ANTO is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 6% a week.

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

About the Company

FoundedEmployeesCEOWebsite
18886,883Ivan Arriagada Herrerahttps://www.antofagasta.co.uk

Antofagasta plc operates as a mining company. It operates through Los Pelambres, Centinela, Antucoya, Zaldívar, Exploration and Evaluation, and Transport Division segments. The company holds a 60% interest in the Los Pelambres mine, a 70% interest in the Centinela mine, a 70% interest in the Antucoya mine, and a 50% interest in the Zaldívar mine located in Chile.

Antofagasta Fundamentals Summary

How do Antofagasta's earnings and revenue compare to its market cap?
ANTO fundamental statistics
Market CapUS$18.28b
Earnings (TTM)US$1.29b
Revenue (TTM)US$7.47b

14.2x

P/E Ratio

2.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ANTO income statement (TTM)
RevenueUS$7.47b
Cost of RevenueUS$3.12b
Gross ProfitUS$4.35b
Other ExpensesUS$3.06b
EarningsUS$1.29b

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

Aug 11, 2022

Earnings per share (EPS)1.31
Gross Margin58.23%
Net Profit Margin17.27%
Debt/Equity Ratio27.3%

How did ANTO perform over the long term?

See historical performance and comparison

Dividends

7.7%

Current Dividend Yield

109%

Payout Ratio

Valuation

Is Antofagasta 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


>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: ANTO (£14.7) is trading below our estimate of fair value (£69.6)

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


Price To Earnings Ratio

PE vs Industry: ANTO is poor value based on its Price-To-Earnings Ratio (14.2x) compared to the UK Metals and Mining industry average (6.2x).

PE vs Market: ANTO is good value based on its Price-To-Earnings Ratio (14.2x) compared to the UK market (15.3x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ANTO is overvalued based on its Price-To-Book Ratio (2.2x) compared to the GB Metals and Mining industry average (1.4x).


Future Growth

How is Antofagasta forecast to perform in the next 1 to 3 years based on estimates from 13 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


2.7%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ANTO's forecast earnings growth (2.7% per year) is above the savings rate (0.9%).

Earnings vs Market: ANTO's earnings (2.7% per year) are forecast to grow slower than the UK market (11.1% per year).

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

Revenue vs Market: ANTO's revenue (1.8% per year) is forecast to grow slower than the UK market (4% per year).

High Growth Revenue: ANTO's revenue (1.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ANTO's Return on Equity is forecast to be low in 3 years time (10.2%).


Past Performance

How has Antofagasta performed over the past 5 years?

Past Performance Score

6/6

Past Performance Score 6/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


19.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ANTO has high quality earnings.

Growing Profit Margin: ANTO's current net profit margins (17.3%) are higher than last year (9.7%).


Past Earnings Growth Analysis

Earnings Trend: ANTO's earnings have grown by 19.5% per year over the past 5 years.

Accelerating Growth: ANTO's earnings growth over the past year (158.5%) exceeds its 5-year average (19.5% per year).

Earnings vs Industry: ANTO earnings growth over the past year (158.5%) exceeded the Metals and Mining industry 42.5%.


Return on Equity

High ROE: ANTO's Return on Equity (20.3%) is considered high.


Financial Health

How is Antofagasta'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: ANTO's short term assets ($5.4B) exceed its short term liabilities ($1.6B).

Long Term Liabilities: ANTO's short term assets ($5.4B) exceed its long term liabilities ($4.7B).


Debt to Equity History and Analysis

Debt Level: ANTO has more cash than its total debt.

Reducing Debt: ANTO's debt to equity ratio has reduced from 35.4% to 27.3% over the past 5 years.

Debt Coverage: ANTO's debt is well covered by operating cash flow (121.8%).

Interest Coverage: ANTO's interest payments on its debt are well covered by EBIT (58.6x coverage).


Balance Sheet


Dividend

What is Antofagasta current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


7.68%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: ANTO's dividend (7.68%) is higher than the bottom 25% of dividend payers in the UK market (1.82%).

High Dividend: ANTO's dividend (7.68%) is in the top 25% of dividend payers in the UK market (4.78%)


Stability and Growth of Payments

Stable Dividend: ANTO's dividend payments have been volatile in the past 10 years.

Growing Dividend: ANTO's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (108.9%), ANTO's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (74.2%), ANTO's dividend payments are covered by cash flows.


Discover strong dividend paying companies

Management

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

6.1yrs

Average management tenure


CEO

Ivan Arriagada Herrera (57 yo)

6.08yrs

Tenure

US$3,775,000

Compensation

Mr. Ivan Arriagada Herrera has been the Chief Executive Officer of Antofagasta Minerals S.A. since February 16, 2015 and Antofagasta plc since April 8, 2016. He joined Antofagasta plc in February 16, 2015....


CEO Compensation Analysis

Compensation vs Market: Ivan's total compensation ($USD3.78M) is about average for companies of similar size in the UK market ($USD5.11M).

Compensation vs Earnings: Ivan's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: ANTO's management team is seasoned and experienced (6.1 years average tenure).


Board Members

Experienced Board: ANTO's board of directors are considered experienced (7.8 years average tenure).


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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Antofagasta plc's employee growth, exchange listings and data sources


Key Information

  • Name: Antofagasta plc
  • Ticker: ANTO
  • Exchange: LSE
  • Founded: 1888
  • Industry: Copper
  • Sector: Materials
  • Implied Market Cap: UK£14.492b
  • Shares outstanding: 985.86m
  • Website: https://www.antofagasta.co.uk

Number of Employees


Location

  • Antofagasta plc
  • 103 Mount Street
  • London
  • Greater London
  • W1K 2TJ
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/27 00:00
End of Day Share Price2022/05/27 00:00
Earnings2021/12/31
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.