How does APX's PE Ratio compare to its peers?

APX is good value based on its Price-To-Earnings Ratio (5.1x) compared to the peer average (42.9x).

How does APX's PE Ratio compare vs other companies in the Asian Metals and Mining Industry?

APX is good value based on its Price-To-Earnings Ratio (5.1x) compared to the Asian Metals and Mining industry average (19.4x).

What is APX's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

APX is good value based on its Price-To-Earnings Ratio (5.1x) compared to the estimated Fair Price-To-Earnings Ratio (10x).

What is the Fair Price of APX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

APX (₱3.64) is trading below our estimate of [[fair value]] (₱9.03)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

Apex Mining (PSE:APX) - Stock Price, News & Analysis

APX Stock Overview

Engages in mining, milling, concentrating, converting, smelting, treating, and preparing gold deposits in the Philippines. More details

APX fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	1/6
Past Performance	4/6
Financial Health	5/6
Dividends	2/6

Rewards

Trading at 59.7% below our estimate of its fair value

Earnings are forecast to grow 10.06% per year

Earnings grew by 22.6% over the past year

Trading at good value compared to peers and industry

Risk Analysis

No risks detected for APX from our risk checks.

Apex Mining Co., Inc. Competitors

Lepanto Consolidated Mining

PSE:LCB

₱4.9b

OceanaGold (Philippines)

PSE:OGP

₱32.9b

Atlas Consolidated Mining and Development

PSE:AT

₱14.8b

Philex Mining

PSE:PX

₱16.1b

Price History & Performance

Summary of all time highs, changes and price drops for Apex Mining
Historical stock prices
Current Share Price	₱3.64
52 Week High	₱4.60
52 Week Low	₱2.41
Beta	1.02
11 Month Change	-13.33%
3 Month Change	-17.27%
1 Year Change	32.36%
33 Year Change	158.16%
5 Year Change	243.40%
Change since IPO	75,733.33%

Recent updates

Shareholder Returns

	APX	PH Metals and Mining	PH Market
7D	4.0%	-3.9%	1.5%
1Y	32.4%	-18.9%	15.9%

Return vs Industry: APX exceeded the PH Metals and Mining industry which returned -18.9% over the past year.

Return vs Market: APX exceeded the PH Market which returned 15.9% over the past year.

Price Volatility

Is APX's price volatile compared to industry and market?
APX volatility
APX Average Weekly Movement	4.4%
Metals and Mining Industry Average Movement	5.7%
Market Average Movement	5.1%
10% most volatile stocks in PH Market	9.9%
10% least volatile stocks in PH Market	2.9%

Stable Share Price: APX has not had significant price volatility in the past 3 months compared to the PH market.

Volatility Over Time: APX's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1970	1,630	Luis Sarmiento	www.apexmines.com

Apex Mining Co., Inc., together with its subsidiaries, engages in mining, milling, concentrating, converting, smelting, treating, and preparing gold deposits in the Philippines. Its principal property is the Maco mines located in Maco, Davao de Oro. The company is also involved in manufacturing, marketing, buying, selling, exchanging, producing, and dealing in silver, copper, lead, zinc, brass, iron, steel, and various kind of metals and minerals ores.

Apex Mining Co., Inc. Fundamentals Summary

How do Apex Mining's earnings and revenue compare to its market cap?
APX fundamental statistics
Market cap	₱20.76b
Earnings (TTM)	₱4.05b
Revenue (TTM)	₱14.05b

5.1x

P/E Ratio

1.5x

P/S Ratio

Is APX overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
APX income statement (TTM)
Revenue	₱14.05b
Cost of Revenue	₱7.66b
Gross Profit	₱6.38b
Other Expenses	₱2.33b
Earnings	₱4.05b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.71
Gross Margin	45.45%
Net Profit Margin	28.85%
Debt/Equity Ratio	36.4%

How did APX perform over the long term?

See historical performance and comparison

Dividends

1.5%

Current Dividend Yield

8%

Payout Ratio

APX Stock Overview

Rewards

Risk Analysis

Apex Mining Co., Inc. Competitors

PSE:LCB

₱4.9b

PSE:OGP

₱32.9b

PSE:AT

₱14.8b

PSE:PX

₱16.1b

Price History & Performance

Recent News & Updates

Third quarter 2024 earnings released: EPS: ₱0.23 (vs ₱0.18 in 3Q 2023)

Price target increased by 20% to ₱4.80

Second quarter 2024 earnings released: EPS: ₱0.18 (vs ₱0.13 in 2Q 2023)

Consensus EPS estimates fall by 22%, revenue upgraded

First quarter 2024 earnings released: EPS: ₱0.15 (vs ₱0.097 in 1Q 2023)

Upcoming dividend of ₱0.081 per share

Recent updates

Third quarter 2024 earnings released: EPS: ₱0.23 (vs ₱0.18 in 3Q 2023)

Price target increased by 20% to ₱4.80

Second quarter 2024 earnings released: EPS: ₱0.18 (vs ₱0.13 in 2Q 2023)

Consensus EPS estimates fall by 22%, revenue upgraded

First quarter 2024 earnings released: EPS: ₱0.15 (vs ₱0.097 in 1Q 2023)

Upcoming dividend of ₱0.081 per share

Dividend of ₱0.081 announced

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Apex Mining Co., Inc. Approves Special Cash Dividend, Payable on May 15, 2024

Apex Mining Co., Inc. Approves Special Cash Dividend, Payable on May 15, 2024

Apex Mining Co., Inc., Annual General Meeting, May 31, 2024

Third quarter 2023 earnings released: EPS: ₱0.18 (vs ₱0.16 in 3Q 2022)

Second quarter 2023 earnings released: EPS: ₱0.15 (vs ₱0.16 in 2Q 2022)

Apex Mining Co., Inc. Announces Board Changes

First quarter 2023 earnings released: EPS: ₱0.097 (vs ₱0.11 in 1Q 2022)

Upcoming dividend of ₱0.054 per share at 2.2% yield

Investor sentiment improves as stock rises 17%

Investor sentiment improves as stock rises 16%

Full year 2022 earnings released: EPS: ₱0.59 (vs ₱0.14 in FY 2021)

Apex Mining Co., Inc. Announces Retirement of Mr. Gil A. Marvilla as SVP for Project Development

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Apex Mining Co., Inc. (PSE:APX) intends to acquire Asia- Alliance Mining Resources Corp. from Clariden Holdings, Inc.and others

Third quarter 2022 earnings released: EPS: ₱0.16 (vs ₱0.084 loss in 3Q 2021)

Less than half of directors are independent

Second quarter 2022 earnings released: EPS: ₱0.16 (vs ₱0.037 in 2Q 2021)

Apex Mining Co., Inc. Approves New Dividend Policy

Full year 2021 earnings released: EPS: ₱0.14 (vs ₱0.27 in FY 2020)

Less than half of directors are independent

Apex Mining Co., Inc., Annual General Meeting, Jun 30, 2022

Apex Mining Co., Inc. Announces Board Changes

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Prime Strategic Holdings Inc made an offer to acquire additional 59.7% stake in Apex Mining Co., Inc. (PSE:APX) from Monte Oro Resources & Energy, Inc., Lakeland Village Holdings,Inc., Devoncourt Estates Inc. and others for PHP 2.9 billion.

Corporate Secretary recently sold ₱8.2m worth of stock

Third quarter 2021 earnings released: ₱0.084 loss per share (vs ₱0.12 profit in 3Q 2020)

Chairman of the Board Ramon Sy has left the company

Second quarter 2021 earnings released: EPS ₱0.037 (vs ₱0.034 in 2Q 2020)

Full year 2020 earnings released

New 90-day low: ₱1.48

New 90-day low: ₱1.67

Third quarter 2020 earnings released: EPS ₱0.12

Market bids up stock over the past week

New 90-day high: ₱2.09

Apex Mining Co's Ordinary Shares to Be Delisted from Other OTC

First half earnings released

New 90-day high - ₱1.45

Shareholder Returns

Price Volatility

About the Company

Apex Mining Co., Inc. Fundamentals Summary

5.1x

1.5x

Earnings & Revenue

Dividends

1.5%

8%