First Majestic Silver Corp.
stock CA:FR (TORONTO)

Alternative ID: CA32076V1031

Watch List

Exchange: TORONTO
Sector: Utilities
Industry: Mining
Market Cap: Mid (3.12B)
Data in CAD

EPS: 0.13
Current PE: 381.88
BVPS: 6.83
Price/BVPS: 7.24
Dividend: 0.02 / 0.1%

Hist Grade: E (17.42)
YOY Grade: F (2.04)
Debt/FCF: -1.55
ROIC: -7.4%
PEG: 1.25
PEGY: 1.25

Value Price: 2.51
MOS Price: 1.26
MOS %: -94.9%
Graham Number: 4.52
Graham MOS %: -90.9%
IRT: 30.72

Market Price

49.43

-1.82 -3.6%

as of Mar 22 '23

52 Week Range:

8.12 55.51

Stock Analyzer Tutorials

General Info

type: video (mp4); length: 3:30

Demonstrates how to use Stock Analyzer, shows how to analyze a stock and explains in detail "General Info" section of the Stock Analyzer result page.

Financial Statements

type: video (mp4); length: 5:10

Explains information presented in the Financial Statements section of the S2O Stock Analyzer: financial statements charts, absolute values and growth rates.

Growth Grade and Financial Ratios

type: video (mp4); length: 5:09

Demonstrates how to use Growth Grade & Financial Ratios section; shows the difference between historical and year-over-year Growth Grade on the real life example.

Demonstrates how to use Value Price (intrinsic value) and the Graham Number, MOS (margin of safety) and IRT - Investment Recovery Time; explains 3 different projection models used to compute value price - pessimistic, moderate and optimistic.

Price Charts

type: video (mp4); length: 8:34

Demonstrates basic rules of how to read a candlestick chart, long and short term moving averages, stochastic, MACD and relative strength (RS) charts. Explains how bull or bear market condition is computed.

General Info

Exchange: TORONTO
Sector: Utilities
Industry: Mining
Market Cap: Mid (3.12B)
Inst. Ownership: 34.85%
Insider Ownership: 9.75%
Full Time Employees: 4000

First Majestic Silver Corp. engages in the acquisition, exploration, development, and production of mineral properties with a focus on silver and gold production in North America. It holds 100% interests in the San Dimas Silver/Gold Mine covering an area of 71,868 hectares located in Durango and Sinaloa states; the Santa Elena Silver/Gold Mine covering an area of 102,244 hectares located in Sonora; Jerritt Canyon gold mine that covers an area of approximately of 30,821 hectares located in Elko County, Nevada; and the La Encantada Silver Mine covering an area of 4,076 hectares situated in Coahuila, as well as surface land ownership of 1,343 hectares. The company also holds 100% interests in the La Parrilla Silver Mine that covers an area of 69,478 hectares located in Durango; the Del Toro Silver Mine consisting of 3,815 hectares of mining concessions and 219 hectares of surface rights located in Zacatecas; the San Martin Silver Mine includes 33 mining concessions covering an area of 12,795 hectares located in Jalisco; and the La Guitarra Silver Mine that covers an area of 39,714 hectares located in Mexico. In addition, it holds interest in the Springpole project, a gold and silver project covering an area of approximately 41,913 hectares in Ontario, Canada. The company was formerly known as First Majestic Resource Corp. and changed its name to First Majestic Silver Corp. in November 2006. First Majestic Silver Corp. was incorporated in 1979 and is headquartered in Vancouver, Canada.

Financial Statements

The charts below show selected Annual and Quarterly Financial Data.

The purpose of these charts is to discover long and short term change dynamics. When numbers are growing year after year in the annual statements chart, the business become stronger and stronger and this is a good sign.

Quarterly Data Chart can be used to do a short term analysis. It makes sense to pay attention to the quarterly dynamics and do not wait for the next yearly statement. We should be alerted if we see that quarterly numbers are going down.

You can check "Annual Financial Statements" and "Quarterly Financial Statements" sections for exact numbers and growth rates.

Annual Statements

On a charts below the Line shows absolute values and the Bar chart shows Year-Over-Year Growth Rate for selected financial statement item. A consistent GROWTH is generally considered necessary to fund future growth from within a business.
NOTE: Growth Rate is not provided if either the latest period or the year-ago period contains a net loss. (source: WSJ Digest of Earnings)
TIP! move your mouse pointer over bar or a circle on any chart below to see details.

Financial Statements

Income Statement

Cash Flow Statement

Balance Sheet

Liquidity Ratios

Current Ratio

Current Ratio measures the ability to meet short term obligations. Generally accepted standard is 2 (current assets should be 2 times or 200% of current liabilities).

Quick Ratio

Measures immediate liquidity or the cash available to cover immediate liabilities. A safe margin would be at least 1 (100%).

Financial Leverage

Defined as total assets divided by total shareholders' equity. The higher the ratio, the more debt a company uses in its capital structure.

Profitability Ratios

ROA

Return on Assets (ROA) measures the income (profit) that is generated by the use of the assets of the business.

ROE

Return on Equity (ROE) is a measure of profitability that calculates how many dollars of profit a company generates with each dollar of shareholders equity. ROE is sometimes called "return on net worth."

ROIC

The Return on Invested Capital (ROIC) measure gives a sense of how well a company is using its money to generate returns. Some investors use this figure as a final evaluation to determine whether or not to invest in a company.

Annual Statements

Item Name	Dec '11	Dec '12	Dec '13	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21
Equity (BVPS)	3.15	5.06	5.91	5.77	4.84	5.09	4.82	5.17	4.16	4.61	6.83
growth rate		60.6%	16.8%	-2.4%	-16.1%	5.2%	-5.3%	7.3%	-19.5%	10.8%	48.2%
Earnings BIT	153.43	123.81	48.21	-74.20	-70.47	26.22	-54.45	-193.31	0.68	55.16	46.78
growth rate		-19.3%	-61.1%	-100.0%	0.0%	100.0%	-100.0%	0.0%	100.0%	7,988.1%	-15.2%
Avg.PE	17.45	25.58	-4.99	-4.99	-4.99	234.80	252.50	252.50	252.50	204.63	94.97
growth rate		46.6%	-100.0%	0.0%	0.0%	100.0%	7.5%	0.0%	0.0%	-19.0%	-53.6%
ROA	27.09	14.15	-4.58	-7.56	-13.89	1.04	-6.50	-23.91	-4.14	2.04	-0.29
growth rate		-47.8%	-100.0%	0.0%	0.0%	100.0%	-100.0%	0.0%	0.0%	100.0%	-100.0%
ROE	34.16	18.83	-6.57	-11.26	-20.36	1.47	-8.85	-34.69	-6.44	3.05	-0.44
growth rate		-44.9%	-100.0%	0.0%	0.0%	100.0%	-100.0%	0.0%	0.0%	100.0%	-100.0%
ROIC	33.46	17.49	-5.61	-9.10	-17.36	1.70	-8.05	-28.91	-4.57	3.40	0.26
growth rate		-47.7%	-100.0%	0.0%	0.0%	100.0%	-100.0%	0.0%	0.0%	100.0%	-92.4%
Cur. Ratio	4.94	3.02	1.43	0.96	1.17	3.64	3.14	2.86	3.38	3.50	2.30
growth rate		-38.9%	-52.7%	-32.9%	21.9%	211.1%	-13.7%	-8.9%	18.2%	3.6%	-34.3%
Quick Ratio	4.18	2.51	1.05	0.72	0.91	3.21	2.76	2.23	2.91	3.16	1.84
growth rate		-40.0%	-58.2%	-31.4%	26.4%	252.8%	-14.0%	-19.2%	30.5%	8.6%	-41.8%
Leverage	1.26	1.37	1.49	1.48	1.45	1.38	1.34	1.56	1.55	1.46	1.51
growth rate		8.7%	8.8%	-0.7%	-2.0%	-4.8%	-2.9%	16.4%	-0.6%	-5.8%	3.4%
Balance Sheet	Dec '11	Dec '12	Dec '13	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21
Acct.Receivable	7.03	7.36	22.05	13.56	24.49	16.47	20.86	66.25	33.93	45.91	54.26
growth rate		4.8%	199.4%	-38.5%	80.6%	-32.7%	26.6%	217.7%	-48.8%	35.3%	18.2%
Acct.Payable			20.89	25.95	28.29	10.75	18.28	26.42	23.98	31.26	41.83
growth rate				24.2%	9.0%	-62.0%	70.0%	44.5%	-9.2%	30.4%	33.8%
Cur.Assets	153.49	192.87	109.53	75.35	104.79	180.20	170.66	166.27	242.98	356.05	397.21
growth rate		25.7%	-43.2%	-31.2%	39.1%	72.0%	-5.3%	-2.6%	46.1%	46.5%	11.6%
Total Assets	494.50	906.90	854.95	771.34	789.70	857.18	781.44	926.11	1,012.95	1,237.52	2,124.99
growth rate		83.4%	-5.7%	-9.8%	2.4%	8.5%	-8.8%	18.5%	9.4%	22.2%	71.7%
Cash	101.73	124.49	54.77	40.35	51.02	129.05	118.14	57.01	169.01	238.58	237.93
growth rate		22.4%	-56.0%	-26.3%	26.5%	153.0%	-8.5%	-51.7%	196.4%	41.2%	-0.3%
Inventory	16.40	26.33	26.79	17.65	22.20	20.25	18.86	32.47	30.52	32.51	60.61
growth rate		60.5%	1.7%	-34.1%	25.8%	-8.8%	-6.9%	72.2%	-6.0%	6.5%	86.4%
Cur.Liabilities	31.12	63.81	76.72	78.22	89.20	49.57	54.38	58.14	71.85	101.63	172.82
growth rate		105.0%	20.2%	2.0%	14.0%	-44.4%	9.7%	6.9%	23.6%	41.4%	70.1%
Liabilities	103.41	244.85	284.21	250.81	244.98	235.47	198.96	331.54	350.63	387.28	714.02
growth rate		136.8%	16.1%	-11.8%	-2.3%	-3.9%	-15.5%	66.6%	5.8%	10.5%	84.4%
LT Debt	10.93	15.84	26.34	29.65	11.38	31.56	24.04	148.23	154.64	141.73	181.11
growth rate		44.9%	66.3%	12.6%	-61.6%	177.3%	-23.8%	516.7%	4.3%	-8.4%	27.8%
Equity	391.09	662.05	570.75	520.53	544.72	621.70	582.49	594.57	662.32	850.24	1,410.97
growth rate		69.3%	-13.8%	-8.8%	4.7%	14.1%	-6.3%	2.1%	11.4%	28.4%	66.0%
Common Shares	107.00	113.00	117.00	117.00	129.00	164.00	165.00	827.62	933.18	1,087.14	1,659.78
growth rate		5.6%	3.5%	0.0%	10.3%	27.1%	0.6%	401.6%	12.8%	16.5%	52.7%
Cash Flow Statement	Dec '11	Dec '12	Dec '13	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21
Capital Expenditures	106.98	195.32	178.74	104.28	56.94	62.46	75.51	111.31	118.61	111.97	188.97
growth rate		82.6%	-8.5%	-41.7%	-45.4%	9.7%	20.9%	47.4%	6.6%	-5.6%	68.8%
Cash Dividends	0.00	0.00						3.93	3.93	3.93	3.93
growth rate									0.0%	0.0%	0.0%
Cash From OA	142.23	151.93	134.27	93.38	56.09	100.01	70.45	33.26	140.03	79.71	68.72
growth rate		6.8%	-11.6%	-30.5%	-39.9%	78.3%	-29.6%	-52.8%	321.0%	-43.1%	-13.8%
FCF per Share	0.50	-0.34	-0.48	-0.39	0.11	0.24	0.06	-0.51	-0.06	-0.15	-0.77
growth rate		-100.0%	0.0%	0.0%	100.0%	118.2%	-75.0%	-100.0%	0.0%	0.0%	0.0%
Sale Purchase of Stock			1.79	1.43	22.97	65.09	5.74
growth rate				-19.9%	1,502.8%	183.4%	-91.2%
FCF	32.00	-39.00	-44.00	-11.00	-1.00	38.00	-5.00	-78.00	21.00	-35.00	-120.00
growth rate		-100.0%	0.0%	0.0%	0.0%	100.0%	-100.0%	0.0%	100.0%	-100.0%	0.0%
Income Statement	Dec '11	Dec '12	Dec '13	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21
Sales	273.86	275.75	251.31	245.47	219.44	278.08	252.29	300.93	363.94	363.88	584.12
growth rate		0.7%	-8.9%	-2.3%	-10.6%	26.7%	-9.3%	19.3%	20.9%	0.0%	60.5%
Op.Income	155.95	118.91	48.21	-74.20	-70.47	26.22	-54.45	-193.31	0.68	55.16	46.78
growth rate		-23.8%	-59.5%	-100.0%	0.0%	100.0%	-100.0%	0.0%	100.0%	7,988.1%	-15.2%
IBT	153.38	123.82	26.19	-80.94	-126.25	25.49	-75.30	-263.05	-39.02	29.73	25.25
growth rate		-19.3%	-78.9%	-100.0%	0.0%	100.0%	-100.0%	0.0%	0.0%	100.0%	-15.1%
Net Income	115.57	99.17	-38.23	-61.45	-108.42	8.60	-53.27	-204.16	-40.47	23.09	-4.92
growth rate		-14.2%	-100.0%	0.0%	0.0%	100.0%	-100.0%	0.0%	0.0%	100.0%	-100.0%
EPS	0.96	0.79	-0.33	-0.52	-0.84	0.05	-0.32	-1.11	-0.20	0.11	-0.02
growth rate		-17.7%	-100.0%	0.0%	0.0%	100.0%	-100.0%	0.0%	0.0%	100.0%	-100.0%
Gross Profit	199.34	186.73	135.66	90.63	83.77	128.80	93.02	79.66	127.46	145.04	205.98
growth rate		-6.3%	-27.4%	-33.2%	-7.6%	53.8%	-27.8%	-14.4%	60.0%	13.8%	42.0%

Quarterly Statements

Item Name	Jun '21	Sep '21	Dec '21	Mar '22	Jun '22
Earnings BIT	16.47	-9.82	27.08	-4.71	-4.69
growth rate		-100.0%	100.0%	-100.0%	0.0%
Balance Sheet	Jun '21	Sep '21	Dec '21	Mar '22	Jun '22
Acct.Receivable	85.43	62.92	54.26	42.49	37.11
growth rate		-26.4%	-13.8%	-21.7%	-12.7%
Acct.Payable	34.07	34.05	41.83	28.74	31.43
growth rate		-0.1%	22.8%	-31.3%	9.4%
Cur.Assets	409.24	400.12	397.21	351.09	336.26
growth rate		-2.2%	-0.7%	-11.6%	-4.2%
Total Assets	2,032.33	2,051.49	2,124.99	2,133.42	2,034.76
growth rate		0.9%	3.6%	0.4%	-4.6%
Cash	227.11	192.81	237.93	192.80	117.72
growth rate		-15.1%	23.4%	-19.0%	-38.9%
Inventory	52.22	71.76	60.61	65.37	66.61
growth rate		37.4%	-15.5%	7.8%	1.9%
Cur.Liabilities	132.97	137.65	172.82	156.67	136.43
growth rate		3.5%	25.6%	-9.4%	-12.9%
Liabilities	632.69	659.08	714.02	695.42	670.49
growth rate		4.2%	8.3%	-2.6%	-3.6%
LT Debt	154.67	186.39	181.11	183.23	185.39
growth rate		20.5%	-2.8%	1.2%	1.2%
Equity	1,399.64	1,392.41	1,410.97	1,438.00	1,364.27
growth rate		-0.5%	1.3%	1.9%	-5.1%
Common Shares	1,602.14	1,620.42	1,659.78	1,677.08	1,696.26
growth rate		1.1%	2.4%	1.0%	1.1%
Cash Flow Statement	Jun '21	Sep '21	Dec '21	Mar '22	Jun '22
Capital Expenditures	41.17	46.05	57.53	38.32	67.47
growth rate		11.9%	24.9%	-33.4%	76.0%
Cash Dividends	1.13	1.54	1.26	3.63	3.63
growth rate		35.6%	-17.7%	187.7%	0.0%
Cash From OA	-16.53	-11.99	89.81	-18.98	-13.25
growth rate		0.0%	100.0%	-100.0%	0.0%
Sale Purchase of Stock
growth rate
FCF	-57.70	-58.04	32.28	-57.31	-80.72
growth rate		0.0%	100.0%	-100.0%	0.0%
Income Statement	Jun '21	Sep '21	Dec '21	Mar '22	Jun '22
Sales	154.07	124.65	204.88	156.84	159.44
growth rate		-19.1%	64.4%	-23.5%	1.7%
Op.Income	16.47	-9.82	27.08	-4.71	-4.69
growth rate		-100.0%	100.0%	-100.0%	0.0%
IBT	16.56	-19.80	19.93	-4.45	-5.34
growth rate		-100.0%	100.0%	-100.0%	0.0%
Net Income	15.60	-18.41	-3.97	7.29	-84.05
growth rate		-100.0%	0.0%	100.0%	-100.0%
EPS
growth rate
Gross Profit	55.93	29.30	81.16	42.46	43.39
growth rate		-47.6%	177.0%	-47.7%	2.2%

Growth Grade & Financial Ratios

All financial ratios below are calculated based on latest annual statements available and present the most up to date snapshot of a company finances.

Growth Grade

Historical Growth Grade:

E (17.42)

YOY Growth Grade:

F (2.04)

Click on buttons above for detailed yearly growth rates.

Market Ratios

Dividend Yield: 0.1%
Beta: 0.97
Beta of 0.9668 suggests that the asset is volatile as the rest of the market (fairly priced).
PE: 381.88
EY: 0.3%
PEG: 1.25
PEG Ratio of 1.25 suggests that stock is reasonably priced.
PEGY: 1.25
PEGY Ratio of 1.25 suggests that stock is reasonably priced.
Price/BVPS: 7.24

Profitability Ratios

ROE: -0.4%
Return on Equity (ROE) of -0.4% suggests that a company may not be able to fund future growth from within.
ROS: 8.0%
The value of Return on Sales depends on the business and/or industry. Usually the higher ratio the better.
ROA: 1.2%
Return on Assets (ROA). Low ratio usually means poor performance, or ineffective use of assets by management. High ratio usually means good performance.
ROI: 1.8%
Return on Investment (ROI) of 1.8% suggests that a company may not be able to fund future growth from within.
ROIC: -7.4%
Return on Invested Capital (ROIC) of -7.4% suggests that a company may not be able to fund future growth from within.

Liquidity Ratios

Current Ratio: 2.30
Current Ratio of 2.30 suggests that money that could be working for the business is tied up in government securities, cash savings or other safe funds.
Quick Ratio: 1.69
Quick Ratio of 1.69 suggests that a company is doing well.
Cash Turnover: 2.60
Turnover Of Cash Ratio of 2.60 suggests that a company may have funds tied up in short-term low-yielding assets or may have a cash surplus, which is not invested in the business.
Equity Ratio: 66.4%
Equity Ratio of 66.4% suggests that a large percent of the company's assets financed by shareholder equity, which is good.
Debt/Equity: 50.6%
Debt to Equity Ratio of 50.6% suggests that a company is doing well.
Debt/FCF: -1.55
Debt/FCF of -1.55 suggests that a company has a negative Free Cash Flow and probably will not be able to pay off its long term debt.

Efficiency Ratios

Avg Collection Period: 33.91
Average Collection Period of 33.91 days suggests that a company is doing well.
Inventory Turnover: 6.24
Inventory Turnover Ratio of 6.24 suggests that a company is doing well.
Cash Flow Ratio: 2.75
Cash Flow Ratio of 2.75 suggests a company is doing OK, but lower inventory is generally viewed as a positive trend.
Profit Margin: -0.8%

Value Price

PE and EPS

	Historical	Current	Forward
PE	91.43	371.65	17.62
EPS / Growth	-33.5%	0.13	305.5%

Value Price & Investment Recovery Time

Read more about Stock2Own value price in Stock Market: Fundamental Analysis.

Equity Growth Rate: 25.5%

Estimates	Pessimistic	Moderate	Optimistic
Rate of Return	15.0%
MOS Price %	50 %
Future EPS Growth	1.0%	13.2%	13.2%
Future PE	2.00	22.05	22.05
Future EPS	0.15	0.46	0.46
Value Price MOS %	0.07 -99.9%	2.51 -94.9%	2.51 -94.9%
MOS Price	0.04	1.26	1.26
IRT	99.00	30.50	30.50

Graham Number:

NOTE: The Graham Number applies only to certain types of stocks in combination with a number of other criteria.

Read more about Graham Number in Stock Market: Fundamental Analysis.

Graham Number: 4.52
Graham MOS: -90.9%

Price Chart

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