First Majestic Silver Stock Fundamentals
| AG Stock | USD 6.86 0.02 0.29% |
First Majestic Silver fundamentals help investors to digest information that contributes to First Majestic's financial success or failures. It also enables traders to predict the movement of First Stock. The fundamental analysis module provides a way to measure First Majestic's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to First Majestic stock.
At this time, First Majestic's Selling General Administrative is most likely to increase significantly in the upcoming years. The First Majestic's current Total Revenue is estimated to increase to about 613.5 M, while Operating Income is forecasted to increase to (54.8 M). First | Select Account or Indicator |
First Majestic Silver Company Current Valuation Analysis
First Majestic's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current First Majestic Current Valuation | 2.22 B |
Most of First Majestic's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, First Majestic Silver is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
First Current Valuation Historical Pattern
Today, most investors in First Majestic Stock are looking for potential investment opportunities by analyzing not only static indicators but also various First Majestic's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current valuation growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of First Majestic current valuation as a starting point in their analysis.
First Majestic Current Valuation |
| Timeline |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, First Majestic Silver has a Current Valuation of 2.22 B. This is 80.54% lower than that of the Metals & Mining sector and 200.24% higher than that of the Materials industry. The current valuation for all United States stocks is 86.65% higher than that of the company.
First Majestic Silver Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining First Majestic's current stock value. Our valuation model uses many indicators to compare First Majestic value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across First Majestic competition to find correlations between indicators driving First Majestic's intrinsic value. More Info.First Majestic Silver is rated fifth in return on equity category among related companies. It is rated fifth in return on asset category among related companies . At this time, First Majestic's Return On Equity is most likely to increase slightly in the upcoming years.Comparative valuation analysis is a catch-all model that can be used if you cannot value First Majestic by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for First Majestic's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the First Majestic's earnings, one of the primary drivers of an investment's value.First Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses First Majestic's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of First Majestic could also be used in its relative valuation, which is a method of valuing First Majestic by comparing valuation metrics of similar companies.First Majestic is currently under evaluation in current valuation category among related companies.
First Majestic Current Valuation Drivers
We derive many important indicators used in calculating different scores of First Majestic from analyzing First Majestic's financial statements. These drivers represent accounts that assess First Majestic's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of First Majestic's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 2.5B | 2.9B | 2.7B | 2.2B | 1.7B | 961.8M | |
| Enterprise Value | 2.5B | 2.8B | 2.7B | 2.3B | 1.9B | 2.0B |
First Fundamentals
| Return On Equity | -0.0976 | ||||
| Return On Asset | -0.0424 | ||||
| Profit Margin | (0.24) % | ||||
| Operating Margin | (0.02) % | ||||
| Current Valuation | 2.22 B | ||||
| Shares Outstanding | 287.15 M | ||||
| Shares Owned By Insiders | 2.22 % | ||||
| Shares Owned By Institutions | 35.94 % | ||||
| Number Of Shares Shorted | 19.93 M | ||||
| Price To Book | 1.59 X | ||||
| Price To Sales | 3.79 X | ||||
| Revenue | 584.32 M | ||||
| Gross Profit | 140.6 M | ||||
| EBITDA | 79.27 M | ||||
| Net Income | (137.59 M) | ||||
| Cash And Equivalents | 162.59 M | ||||
| Cash Per Share | 0.61 X | ||||
| Total Debt | 255.2 M | ||||
| Debt To Equity | 0.19 % | ||||
| Current Ratio | 1.88 X | ||||
| Book Value Per Share | 4.73 X | ||||
| Cash Flow From Operations | 48.39 M | ||||
| Short Ratio | 2.52 X | ||||
| Earnings Per Share | (0.48) X | ||||
| Target Price | 6.06 | ||||
| Beta | 1.37 | ||||
| Market Capitalization | 2.15 B | ||||
| Total Asset | 1.97 B | ||||
| Retained Earnings | (606.76 M) | ||||
| Working Capital | 188.92 M | ||||
| Current Asset | 104.78 M | ||||
| Current Liabilities | 89.2 M | ||||
| Annual Yield | 0 % | ||||
| Net Asset | 1.97 B | ||||
| Last Dividend Paid | 0.02 |
About First Majestic Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze First Majestic Silver's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of First Majestic using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of First Majestic Silver based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 2.3 M | 2.6 M | |
| Total Revenue | 584.3 M | 613.5 M | |
| Cost Of Revenue | 568.2 M | 596.6 M | |
| Stock Based Compensation To Revenue | 0.02 | 0.03 | |
| Sales General And Administrative To Revenue | 0.09 | 0.12 | |
| Research And Ddevelopement To Revenue | 0.00 | 0.00 | |
| Capex To Revenue | (0.26) | (0.27) | |
| Revenue Per Share | 2.07 | 1.15 | |
| Ebit Per Revenue | (0.1) | (0.10) |
First Majestic Investors Sentiment
The influence of First Majestic's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in First. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to First Majestic's public news can be used to forecast risks associated with an investment in First. The trend in average sentiment can be used to explain how an investor holding First can time the market purely based on public headlines and social activities around First Majestic Silver. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
First Majestic's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for First Majestic's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average First Majestic's news discussions. The higher the estimated score, the more favorable is the investor's outlook on First Majestic.
First Majestic Implied Volatility | 100.96 |
First Majestic's implied volatility exposes the market's sentiment of First Majestic Silver stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if First Majestic's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that First Majestic stock will not fluctuate a lot when First Majestic's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards First Majestic in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, First Majestic's short interest history, or implied volatility extrapolated from First Majestic options trading.
Pair Trading with First Majestic
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if First Majestic position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in First Majestic will appreciate offsetting losses from the drop in the long position's value.Moving together with First Stock
| 0.9 | AA | Alcoa Corp Financial Report 17th of July 2024 | PairCorr |
| 0.83 | KALU | Kaiser Aluminum Earnings Call This Week | PairCorr |
| 0.91 | CENX | Century Aluminum Financial Report 13th of May 2024 | PairCorr |
| 0.77 | CSTM | Constellium Nv Earnings Call This Week | PairCorr |
Moving against First Stock
| 0.67 | NC | NACCO Industries | PairCorr |
| 0.63 | X | United States Steel Earnings Call This Week | PairCorr |
| 0.59 | VALE | Vale SA ADR Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to First Majestic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Majestic when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back First Majestic - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling First Majestic Silver to buy it.
The correlation of First Majestic is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First Majestic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Majestic Silver moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for First Majestic can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out First Majestic Piotroski F Score and First Majestic Altman Z Score analysis. Note that the First Majestic Silver information on this page should be used as a complementary analysis to other First Majestic's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Complementary Tools for First Stock analysis
When running First Majestic's price analysis, check to measure First Majestic's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Majestic is operating at the current time. Most of First Majestic's value examination focuses on studying past and present price action to predict the probability of First Majestic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Majestic's price. Additionally, you may evaluate how the addition of First Majestic to your portfolios can decrease your overall portfolio volatility.
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Is First Majestic's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Majestic. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Majestic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.359 | Dividend Share 0.02 | Earnings Share (0.48) | Revenue Per Share 2.032 | Quarterly Revenue Growth (0.08) |
The market value of First Majestic Silver is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Majestic's value that differs from its market value or its book value, called intrinsic value, which is First Majestic's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Majestic's market value can be influenced by many factors that don't directly affect First Majestic's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Majestic's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Majestic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Majestic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.