Financials First Majestic Silver Corp.

Equities

FR

CA32076V1031

Non-Gold Precious Metals & Minerals

Market Closed - Toronto S.E. 04:00:00 2024-04-26 pm EDT 5-day change 1st Jan Change
9.6 CAD +1.37% Intraday chart for First Majestic Silver Corp. +3.45% +18.08%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 3,262 3,786 3,611 2,994 2,333 2,758 - -
Enterprise Value (EV) 1 3,262 3,786 3,611 2,994 2,333 2,758 2,758 2,758
P/E ratio -60.1 x 122 x -549 x -19.3 x -12.5 x -87.3 x 77.4 x -
Yield - - 0.21% - - 0.29% 0.29% 0.43%
Capitalization / Revenue 6.76 x 8.19 x 4.82 x 3.54 x 3.01 x 3.9 x 3.17 x 2.27 x
EV / Revenue 6.76 x 8.19 x 4.82 x 3.54 x 3.01 x 3.9 x 3.17 x 2.27 x
EV / EBITDA 26.6 x 30.1 x 16.9 x 24.5 x 22.6 x 21.2 x 8.93 x 6.42 x
EV / FCF -155 x -92.4 x -23.5 x - - 161 x 16.2 x -
FCF Yield -0.64% -1.08% -4.26% - - 0.62% 6.17% -
Price to Book - - - - - - - -
Nbr of stocks (in thousands) 204,792 221,687 256,626 265,461 286,941 287,246 - -
Reference price 2 15.93 17.08 14.07 11.28 8.130 9.600 9.600 9.600
Announcement Date 2/19/20 2/18/21 3/10/22 2/23/23 2/22/24 - - -
1CAD in Million2CAD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 482.6 462.2 748.6 846.6 774.6 707.3 870.7 1,217
EBITDA 1 122.4 125.6 213.5 122.4 103 129.8 308.7 429.8
EBIT 87.8 - - - - - - -
Operating Margin 18.19% - - - - - - -
Earnings before Tax (EBT) -51.75 - - - - - - -
Net income 1 -53.67 29.33 -6.309 -155 - -24.05 93.31 113.9
Net margin -11.12% 6.34% -0.84% -18.31% - -3.4% 10.72% 9.36%
EPS 2 -0.2652 0.1397 -0.0256 -0.5832 -0.6480 -0.1100 0.1240 -
Free Cash Flow 1 -21.04 -40.97 -153.7 - - 17.14 170 -
FCF margin -4.36% -8.86% -20.54% - - 2.42% 19.53% -
FCF Conversion (EBITDA) - - - - - 13.21% 55.08% -
FCF Conversion (Net income) - - - - - - 182.22% -
Dividend per Share 2 - - 0.0298 - - 0.0280 0.0280 0.0410
Announcement Date 2/19/20 2/18/21 3/10/22 2/23/23 2/22/24 - - -
1CAD in Million2CAD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1
Net sales 1 154.7 262.6 204.2 205.3 214.2 201 - 195.7 183.7 184.9 150.7
EBITDA 1 24.84 91.38 35.62 - 31.52 11.37 15.13 20.03 22.97 39.95 17.86
EBIT - - - - - - - - - - -
Operating Margin - - - - - - - - - - -
Earnings before Tax (EBT) - - - - - - - - - - -
Net income - - - - - - - - - - -
Net margin - - - - - - - - - - -
EPS - - - - - - - - - - -
Dividend per Share - - - - - - - - - - -
Announcement Date 11/4/21 3/10/22 5/12/22 8/4/22 11/9/22 2/23/23 5/4/23 8/3/23 11/2/23 2/22/24 -
1CAD in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 -21 -41 -154 - - 17.1 170 -
ROE (net income / shareholders' equity) 1.16% 4.95% 0.53% - - -1.3% 4.8% 5.6%
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share - - - - - - - -
Cash Flow per Share 2 0.7100 0.4700 0.3600 - - 0.5500 0.8100 1.350
Capex 1 157 142 242 - - 173 147 89.7
Capex / Sales 32.5% 30.77% 32.28% - - 24.41% 16.85% 7.37%
Announcement Date 2/19/20 2/18/21 3/10/22 2/23/23 2/22/24 - - -
1CAD in Million2CAD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
6
Last Close Price
9.6 CAD
Average target price
10 CAD
Spread / Average Target
+4.17%
Consensus

Quarterly revenue - Rate of surprise

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