First Majestic Financials

AG Stock   8.68  0.02  0.23%   
You can utilize First Majestic Silver fundamental data analysis to find out if markets are presently mispricing the company. We were able to interpolate and analyze data for fourty-five available fundamental indicators for First Majestic Silver, which can be compared to its peers. The stock experiences a normal upward fluctuation. Check odds of First Majestic to be traded at 9.11 in 90 days. Key indicators impacting First Majestic's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.110.1619
Way Down
Very volatile
Current Ratio2.442.5725
Notably Down
Slightly volatile
  
Understanding current and past First Majestic Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of First Majestic's financial statements are interrelated, with each one affecting the others. For example, an increase in First Majestic's assets may result in an increase in income on the income statement.

First Majestic Stock Summary

First Majestic competes with Precious Metals, Thunderbird Entertainment, CNJ Capital, Arbor Metals, and Atrium Mortgage. First Majestic is entity of Canada. It is traded as Stock on TO exchange.
Foreign Associate
  USA
Specialization
Basic Materials, Materials
InstrumentCanada Stock View All
ExchangeToronto Exchange
Business Address925 West Georgia
SectorMetals & Mining
IndustryMaterials
BenchmarkDow Jones Industrial
Websitewww.firstmajestic.com
Phone604 688 3033
You should never invest in First Majestic without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of First Stock, because this is throwing your money away. Analyzing the key information contained in First Majestic's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

First Majestic Key Financial Ratios

First Majestic's financial ratios allow both analysts and investors to convert raw data from First Majestic's financial statements into concise, actionable information that can be used to evaluate the performance of First Majestic over time and compare it to other companies across industries.

First Majestic Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets1.0B1.2B2.1B2.1B2.0B2.1B
Net Debt8.7M(65.3M)(16.8M)96.5M130.9M137.5M
Retained Earnings(361.6M)(338.9M)(347.8M)(468.9M)(609.9M)(579.4M)
Accounts Payable36.3M49.9M72.4M71.1M48.2M25.0M
Cash169.0M238.6M237.9M151.4M125.6M79.9M
Net Receivables4.3M45.9M54.3M41.2M48.7M51.1M
Other Current Assets3.0M2.7M17.9M78.3M8.7M7.4M
Total Liab365.6M387.3M714.0M698.7M618.2M649.1M
Total Current Assets243.0M356.0M397.2M370.3M309.1M324.5M
Inventory30.5M32.5M60.6M64.8M63.7M66.9M
Other Current Liab22.8M36.0M48.3M60.3M43.2M45.4M
Short Term Debt8.1M6.5M11.9M14.4M18.2M16.0M
Common Stock933.2M1.1B1.7B1.8B1.9B1.0B

First Majestic Key Income Statement Accounts

201920202021202220232024 (projected)
Total Revenue368.8M366.7M587.2M626.9M576.4M605.2M
Gross Profit67.9M105.1M101.4M16.8M25.6M48.3M
Operating Income28.4M40.4M49.2M(50.5M)(178.8M)(169.8M)
Ebit(27.0M)40.4M49.2M(48.5M)(180.7M)(171.6M)
Ebitda40.2M105.0M165.6M88.9M(54.5M)(51.8M)
Income Before Tax(39.0M)29.7M25.3M(61.4M)(195.9M)(186.1M)
Net Income(40.5M)23.1M(4.9M)(114.3M)(135.1M)(128.4M)
Income Tax Expense1.5M6.6M30.2M52.9M(60.8M)(57.8M)
Cost Of Revenue301.0M261.6M485.8M610.1M550.7M578.3M
Interest Expense12.0M12.1M12.6M12.9M15.2M16.0M

First Majestic Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash112.0M69.6M(652K)(86.5M)(25.9M)(24.6M)
Free Cash Flow21.4M(34.8M)(120.2M)(198.7M)(90.4M)(85.8M)
Depreciation119.7M49.8M39.7M137.4M234.3M246.0M
Other Non Cash Items13.7M14.8M23.0M(43.3M)23.3M25.0M
Capital Expenditures118.6M114.5M189.0M217.7M146.0M85.5M
Net Income(40.5M)23.1M(4.9M)(114.3M)(135.1M)(128.4M)
End Period Cash Flow169.0M238.6M237.9M151.4M125.6M80.1M
Change To Inventory2.8M(4.3M)(9.0M)(3.4M)(505K)(530.3K)

First Financial Ratios 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 second in return on equity category among its peers. It also is rated second in return on asset category among its peers . At this time, First Majestic's Return On Equity is very stable compared to the past year. 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.

First Majestic Silver Systematic Risk

First Majestic's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. First Majestic volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on First Majestic Silver correlated with the market. If Beta is less than 0 First Majestic generally moves in the opposite direction as compared to the market. If First Majestic Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one First Majestic Silver is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of First Majestic is generally in the same direction as the market. If Beta > 1 First Majestic moves generally in the same direction as, but more than the movement of the benchmark.

First Majestic Silver Total Assets Over Time

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 decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of First Majestic growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(1.03)

At this time, First Majestic's Price Earnings To Growth Ratio is very stable compared to the past year.

First Majestic December 2, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of First Majestic help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of First Majestic Silver. We use our internally-developed statistical techniques to arrive at the intrinsic value of First Majestic Silver based on widely used predictive technical indicators. In general, we focus on analyzing First Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build First Majestic's daily price indicators and compare them against related drivers.
When determining whether First Majestic Silver is a strong investment it is important to analyze First Majestic's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact First Majestic's future performance. For an informed investment choice regarding First Stock, refer to the following important reports:
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 closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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.