Fresnillo Plc mines, develops, and produces non-ferrous minerals in Mexico.
Excellent balance sheet with reasonable growth potential.
Share Price & News
How has Fresnillo's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FRES's share price has been volatile over the past 3 months.
7 Day Return
GB Metals and Mining
1 Year Return
GB Metals and Mining
Return vs Industry: FRES exceeded the UK Metals and Mining industry which returned 3.4% over the past year.
Return vs Market: FRES exceeded the UK Market which returned -16.3% over the past year.
Price Volatility Vs. Market
How volatile is Fresnillo's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall StFresnillo Plc (LON:FRES) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?
2 weeks ago | Simply Wall StFresnillo Plc's (LON:FRES) Earnings Haven't Escaped The Attention Of Investors
3 weeks ago | Simply Wall StHow Does Fresnillo's (LON:FRES) CEO Salary Compare to Peers?
Is Fresnillo undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: FRES (£12.75) is trading above our estimate of fair value (£8.39)
Significantly Below Fair Value: FRES is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: FRES is poor value based on its PE Ratio (61.8x) compared to the GB Metals and Mining industry average (12.1x).
PE vs Market: FRES is poor value based on its PE Ratio (61.8x) compared to the UK market (15.5x).
Price to Earnings Growth Ratio
PEG Ratio: FRES is poor value based on its PEG Ratio (2.1x)
Price to Book Ratio
PB vs Industry: FRES is overvalued based on its PB Ratio (3.9x) compared to the GB Metals and Mining industry average (1.4x).
How is Fresnillo forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FRES's forecast earnings growth (28.9% per year) is above the savings rate (1.2%).
Earnings vs Market: FRES's earnings (28.9% per year) are forecast to grow faster than the UK market (22% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: FRES's revenue (7% per year) is forecast to grow faster than the UK market (4.4% per year).
High Growth Revenue: FRES's revenue (7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FRES's Return on Equity is forecast to be low in 3 years time (11.1%).
How has Fresnillo performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FRES has high quality earnings.
Growing Profit Margin: FRES's current net profit margins (9.1%) are lower than last year (9.5%).
Past Earnings Growth Analysis
Earnings Trend: FRES's earnings have grown by 6.1% per year over the past 5 years.
Accelerating Growth: FRES's earnings growth over the past year (4.4%) is below its 5-year average (6.1% per year).
Earnings vs Industry: FRES earnings growth over the past year (4.4%) exceeded the Metals and Mining industry 3.4%.
Return on Equity
High ROE: FRES's Return on Equity (5.9%) is considered low.
How is Fresnillo's financial position?
Financial Position Analysis
Short Term Liabilities: FRES's short term assets ($1.2B) exceed its short term liabilities ($192.8M).
Long Term Liabilities: FRES's short term assets ($1.2B) do not cover its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: FRES's debt to equity ratio (25.3%) is considered satisfactory.
Reducing Debt: FRES's debt to equity ratio has reduced from 33.8% to 25.3% over the past 5 years.
Debt Coverage: FRES's debt is well covered by operating cash flow (83.7%).
Interest Coverage: FRES's interest payments on its debt are well covered by EBIT (14.6x coverage).
What is Fresnillo current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: FRES's dividend (0.87%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.91%).
High Dividend: FRES's dividend (0.87%) is low compared to the top 25% of dividend payers in the UK market (5.49%).
Stability and Growth of Payments
Stable Dividend: FRES is not paying a notable dividend for the UK market, therefore no need to check if payments are stable.
Growing Dividend: FRES is not paying a notable dividend for the UK market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: FRES is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of FRES's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Octavio M. Alvídrez (55 yo)
Mr. Octavio M. Alvídrez has been Chief Executive Officer of Fresnillo plc since August 15, 2012. Mr. Alvídrez has extensive experience within the mining industry having previously held the position of Gene ...
CEO Compensation Analysis
Compensation vs Market: Octavio M.'s total compensation ($USD1.16M) is below average for companies of similar size in the UK market ($USD4.88M).
Compensation vs Earnings: Octavio M.'s compensation has increased by more than 20% in the past year.
|Chief Executive Officer||8yrs||US$1.16m||no data|
|Chief Financial Officer||12.33yrs||no data||no data|
|Chief Operating Officer||1.58yrs||no data||no data|
|Head of Investor Relations||no data||no data||no data|
|Vice President of Exploration||12.33yrs||no data||no data|
|Head of Sustainability||no data||no data||no data|
Experienced Management: FRES's management team is seasoned and experienced (10.2 years average tenure).
|Non-Independent Non-Executive Chairman||12.33yrs||US$45.00k||no data|
|Senior Independent Non-Executive Director||6.25yrs||US$118.00k||0.00022% |
|Non-Independent Non-Executive Deputy Chairman||2.5yrs||US$45.00k||no data|
|Non-Independent Non-Executive Director||12.58yrs||US$45.00k||0.0020% |
|Independent Non-Executive Director||1.25yrs||US$31.00k||no data|
|Independent Non Executive Director||2.25yrs||US$45.00k||no data|
|Non-Independent Non-Executive Director||12.33yrs||US$45.00k||no data|
|Non-Independent Non-Executive Director||12.33yrs||US$45.00k||0.0041% |
|Independent Non-Executive Director||4.25yrs||US$64.00k||no data|
|Independent Non-Executive Director||6.25yrs||US$45.00k||no data|
|Independent Non-Executive Director||3.25yrs||US$115.00k||no data|
|Independent Non-Executive Director||0.25yr||no data||no data|
Experienced Board: FRES's board of directors are considered experienced (5.3 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Fresnillo Plc's company bio, employee growth, exchange listings and data sources
- Name: Fresnillo Plc
- Ticker: FRES
- Exchange: LSE
- Industry: Precious Metals and Minerals
- Sector: Materials
- Market Cap: UK£9.395b
- Shares outstanding: 736.89m
- Website: https://www.fresnilloplc.com
Number of Employees
- Fresnillo Plc
- Calzada Legaria No. 549
- Torre 2
- Mexico City
- Distrito Federal
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FRES||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||GBP||May 2008|
|FNL||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||May 2008|
|FRES *||BMV (Bolsa Mexicana de Valores)||Yes||Ordinary Shares||MX||MXN||May 2008|
|FNLP.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||May 2008|
|FRESL||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||GBP||May 2008|
Fresnillo Plc mines, develops, and produces non-ferrous minerals in Mexico. It primarily explores for silver, gold, lead, and zinc concentrates. The company’s flagship project is Fresnillo silver mine loca ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/03 21:51|
|End of Day Share Price||2020/08/03 00:00|
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.