First Historical Financial Ratios
AG Stock | USD 6.70 0.02 0.30% |
First Majestic is recently reporting on over 109 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Dividend Yield of 0.0021 or PTB Ratio of 1.35 will help investors to properly organize and evaluate First Majestic Silver financial condition quickly.
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About First Financial Ratios Analysis
First Majestic SilverFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate First Majestic investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on First financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across First Majestic history.
First Majestic Financial Ratios Chart
First Majestic Silver financial ratios usually calculated using numerical values taken directly from First Majestic financial statements such as income statements or balance sheets. They help investors to obtain meaningful information about First Majestic. Most financial ratios help to conduct quantitative analysis to assess vital information about the company's valuation as well as profitability and liquidity indicators such as leverage, growth, profit margins, and different types of rates of return.
At this time, First Majestic's Operating Cash Flow Per Share is most likely to slightly decrease in the upcoming years. The First Majestic's current Average Payables is estimated to increase to about 48.6 M, while Days Sales Outstanding is projected to decrease to 28.74. Add Fundamental
Price To Sales Ratio
Price to Sales Ratio is figured by comparing First Majestic Silver stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on First Majestic sales, a figure that is much harder to manipulate than other First Majestic Silver multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is First Majestic Silver dividend as a percentage of First Majestic stock price. First Majestic Silver dividend yield is a measure of First Majestic stock productivity, which can be interpreted as interest rate earned on an First Majestic investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Most ratios from First Majestic's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into First Majestic Silver current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in First Majestic Silver. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. At this time, First Majestic's Operating Cash Flow Per Share is most likely to slightly decrease in the upcoming years. The First Majestic's current Average Payables is estimated to increase to about 48.6 M, while Days Sales Outstanding is projected to decrease to 28.74.
2022 | 2023 | 2024 (projected) | Dividend Yield | 0.003129 | 0.00338 | 0.002121 | Price To Sales Ratio | 3.5 | 2.97 | 2.82 |
First Majestic fundamentals Correlations
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First Majestic Account Relationship Matchups
High Positive Relationship
High Negative Relationship
First Majestic fundamentals Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Price To Sales Ratio | 6.7 | 7.84 | 4.63 | 3.5 | 2.97 | 2.82 | |
Ptb Ratio | 3.73 | 3.38 | 1.93 | 1.55 | 1.29 | 1.35 | |
Days Sales Outstanding | 33.58 | 45.7 | 33.73 | 24.0 | 30.26 | 28.74 | |
Book Value Per Share | 3.24 | 3.29 | 3.98 | 5.76 | 4.79 | 5.03 | |
Free Cash Flow Yield | 0.008665 | (0.0121) | (0.0442) | (0.0905) | (0.0586) | (0.0615) | |
Invested Capital | 0.0705 | 0.26 | 0.27 | 0.2 | 0.18 | 0.17 | |
Operating Cash Flow Per Share | 0.69 | 0.37 | 0.28 | 0.0722 | 0.17 | 0.29 | |
Capex To Depreciation | (0.99) | (2.3) | (4.76) | (1.58) | (1.1) | (1.15) | |
Pb Ratio | 3.73 | 3.38 | 1.93 | 1.55 | 1.29 | 1.35 | |
Ev To Sales | 6.73 | 7.66 | 4.6 | 3.65 | 3.19 | 3.03 | |
Free Cash Flow Per Share | (0.42) | 0.11 | (0.16) | (0.49) | (0.76) | (0.36) | |
Roic | 0.035 | 0.0306 | (0.005878) | (0.0567) | (0.0251) | (0.0238) | |
Inventory Turnover | 9.93 | 9.86 | 8.05 | 9.42 | 8.97 | 7.03 | |
Net Income Per Share | (0.2) | 0.11 | (0.0201) | (0.43) | (0.49) | (0.46) | |
Days Of Inventory On Hand | 37.01 | 45.36 | 45.54 | 38.74 | 40.7 | 51.18 | |
Payables Turnover | 8.29 | 5.24 | 6.71 | 8.58 | 17.93 | 18.82 | |
Sales General And Administrative To Revenue | 0.0906 | 0.0908 | 0.0852 | 0.0642 | 0.0777 | 0.0862 | |
Capex To Revenue | (0.36) | (0.32) | (0.31) | (0.35) | (0.26) | (0.27) | |
Cash Per Share | 0.87 | 1.29 | 1.08 | 0.71 | 0.66 | 0.42 | |
Pocfratio | 17.65 | 36.06 | 39.57 | 115.57 | 35.88 | 58.11 | |
Interest Coverage | 2.36 | 3.34 | 3.92 | (3.91) | (3.78) | (3.59) | |
Capex To Operating Cash Flow | (0.85) | (1.44) | (2.75) | (11.46) | (3.1) | (3.26) | |
Pfcf Ratio | 115.41 | (82.66) | (22.61) | (11.04) | (17.08) | (17.93) | |
Days Payables Outstanding | 44.02 | 69.61 | 54.43 | 42.53 | 20.36 | 19.34 | |
Income Quality | (3.46) | 3.45 | (13.96) | (0.17) | (0.35) | (0.33) | |
Roe | (0.0611) | 0.0272 | (0.003489) | (0.081) | (0.1) | (0.0967) | |
Ev To Operating Cash Flow | 17.72 | 35.24 | 39.32 | 120.65 | 38.57 | 58.86 | |
Pe Ratio | (61.07) | 124.51 | (552.34) | (19.2) | (12.62) | (13.25) | |
Return On Tangible Assets | (0.0394) | 0.0187 | (0.002198) | (0.0511) | (0.07) | (0.0735) | |
Ev To Free Cash Flow | 115.82 | (80.78) | (22.47) | (11.53) | (18.36) | (19.27) | |
Earnings Yield | (0.0164) | 0.008032 | (0.00181) | (0.0521) | (0.0792) | (0.0753) | |
Net Debt To E B I T D A | 0.0915 | (0.62) | (0.1) | 1.11 | 1.64 | 1.73 | |
Current Ratio | 3.38 | 3.5 | 2.3 | 2.21 | 2.57 | 2.44 | |
Tangible Book Value Per Share | 3.29 | 3.98 | 5.76 | 5.36 | 4.79 | 5.03 | |
Receivables Turnover | 10.87 | 7.99 | 10.82 | 15.21 | 12.06 | 7.17 |
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
0.94 | AA | Alcoa Corp Financial Report 17th of July 2024 | PairCorr |
0.75 | OR | Osisko Gold Ro Earnings Call This Week | PairCorr |
0.88 | EQX | Equinox Gold Corp Earnings Call This Week | PairCorr |
Moving against First Stock
0.86 | SID | Companhia Siderurgica Earnings Call This Week | PairCorr |
0.69 | X | United States Steel | PairCorr |
0.52 | MSB | Mesabi Trust | PairCorr |
0.41 | IAUX | I 80 Gold Financial Report 13th of May 2024 | 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in First Majestic Silver. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. 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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
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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.