Fresnillo plc mines, develops, and produces non-ferrous minerals in Mexico. More Details
Excellent balance sheet with proven track record and pays a dividend.
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 is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: FRES's weekly volatility (5%) has been stable over the past year.
7 Day Return
GB Metals and Mining
1 Year Return
GB Metals and Mining
Return vs Industry: FRES underperformed the UK Metals and Mining industry which returned 72.3% over the past year.
Return vs Market: FRES underperformed the UK Market which returned 27.6% over the past year.
Long-Term 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
4 weeks ago | Simply Wall StBe Sure To Check Out Fresnillo Plc (LON:FRES) Before It Goes Ex-Dividend
1 month ago | Simply Wall StThese 4 Measures Indicate That Fresnillo (LON:FRES) Is Using Debt Reasonably Well
2 months ago | Simply Wall StAre Fresnillo Plc's (LON:FRES) Mixed Financials Driving The Negative Sentiment?
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 (£8.85) is trading above our estimate of fair value (£3.34)
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 (24.6x) compared to the UK Metals and Mining industry average (12x).
PE vs Market: FRES is good value based on its PE Ratio (24.6x) compared to the UK market (25.7x).
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 (2.6x) compared to the GB Metals and Mining industry average (2.2x).
How is Fresnillo forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FRES's forecast earnings growth (11.5% per year) is above the savings rate (0.9%).
Earnings vs Market: FRES's earnings (11.5% per year) are forecast to grow slower than the UK market (17.6% per year).
High Growth Earnings: FRES's earnings are forecast to grow, but not significantly.
Revenue vs Market: FRES's revenue (5.7% per year) is forecast to grow faster than the UK market (5.3% per year).
High Growth Revenue: FRES's revenue (5.7% 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 (12%).
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 (15.4%) are higher than last year (9.6%).
Past Earnings Growth Analysis
Earnings Trend: FRES's earnings have declined by 2.4% per year over the past 5 years.
Accelerating Growth: FRES's earnings growth over the past year (83.4%) exceeds its 5-year average (-2.4% per year).
Earnings vs Industry: FRES earnings growth over the past year (83.4%) exceeded the Metals and Mining industry 20.4%.
Return on Equity
High ROE: FRES's Return on Equity (10.4%) is considered low.
How is Fresnillo's financial position?
Financial Position Analysis
Short Term Liabilities: FRES's short term assets ($2.0B) exceed its short term liabilities ($339.8M).
Long Term Liabilities: FRES's short term assets ($2.0B) exceed its long term liabilities ($1.7B).
Debt to Equity History and Analysis
Debt Level: FRES's debt to equity ratio (33.8%) is considered satisfactory.
Reducing Debt: FRES's debt to equity ratio has increased from 33.5% to 33.8% over the past 5 years.
Debt Coverage: FRES's debt is well covered by operating cash flow (75.2%).
Interest Coverage: FRES's interest payments on its debt are well covered by EBIT (12.8x coverage).
What is Fresnillo current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FRES's dividend (2.07%) is higher than the bottom 25% of dividend payers in the UK market (1.37%).
High Dividend: FRES's dividend (2.07%) is low compared to the top 25% of dividend payers in the UK market (4.09%).
Stability and Growth of Payments
Stable Dividend: FRES's dividend payments have been volatile in the past 10 years.
Growing Dividend: FRES's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (50.8%), FRES's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: FRES's dividends in 3 years are forecast to be well covered by earnings (43.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Octavio M. Alvidrez (55 yo)
Mr. Octavio M. Alvidrez has been Chief Executive Officer of Fresnillo plc since August 15, 2012. Mr. Alvidrez has extensive experience within the mining industry having previously held the position of Gene...
CEO Compensation Analysis
Compensation vs Market: Octavio M.'s total compensation ($USD939.00K) is below average for companies of similar size in the UK market ($USD2.25M).
Compensation vs Earnings: Octavio M.'s compensation has been consistent with company performance over the past year.
Experienced Management: FRES's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.
Experienced Board: FRES's board of directors are considered experienced (6 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
- Founded: 1887
- Industry: Precious Metals and Minerals
- Sector: Materials
- Market Cap: UK£6.523b
- Shares outstanding: 736.89m
- Website: https://www.fresnilloplc.com
Number of Employees
- Fresnillo plc
- Calzada Legaria No. 549
- Torre 2
- Mexico City
- Distrito Federal
Fresnillo plc mines, develops, and produces non-ferrous minerals in Mexico. The company primarily explores for silver, gold, lead, and zinc concentrates. Its flagship project is Fresnillo silver mine locat...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/16 17:40|
|End of Day Share Price||2021/05/14 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.