AG Fair Value Estimate
$12.2438.5% overvalued
Blended fair value estimate based on DCF, Graham Number, and earnings-based models.
First Majestic Silver Corporation
Exchange: NYSESector: Basic MaterialsIndustry: Silver
First Majestic Silver Corp. engages in the acquisition, exploration, development, and production of mineral properties with a focus on silver projects in Mexico. The company owns and operates five producing mines, including the La Encantada silver mine in Coahuila State, the La Parrilla silver mine in Durango State, the Del Toro silver mine in Zacatecas State, the San Martin silver mine in Jalisco State, and the La Guitarra silver mine in Mexico State. It also holds interests in the La Luz silver project located in in San Luis Potosi State; the Plomosas silver project located in Sinaloa State; and the Jalisco group of properties located in the Etzatlan mining district in Jalisco, Mexico. 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 founded in 1979 and is headquartered in Vancouver, Canada.
Current Price
$19.90
-0.20%GoodMoat Value
$12.24
38.5% overvaluedProfile
Valuation (TTM)
Market Cap$9.78B
P/E33.63
EV—
P/B3.54
Shares Out491.32M
P/Sales6.56
Revenue$1.49B
EV/EBITDA10.75
First Majestic Silver Corporation (AG) Valuation
AG Valuation Metrics
FCF$315.35M
FCF Growth Rate50.00%
EPS Growth (CAGR)48.18%
WACC10.00%
Fair Value Models
Graham Number, PEG-based, and Earnings-based models
View Fair Value →AG Valuation & Fair Value Analysis
First Majestic Silver Corporation (AG) valuation analysis using multiple fair value methodologies. GoodMoat calculates a blended fair value target using discounted cash flow (DCF) analysis, the Graham Number, and earnings-based valuation models.
The GoodMoat Fair Value target for First Majestic Silver Corporation is $12.24. The current stock price is $19.90, suggesting the stock is 62.6% overvalued.
The price-to-earnings (P/E) ratio is 33.63. Price-to-book ratio is 3.54. Price-to-sales ratio is 6.56. Enterprise value to EBITDA is 10.75. PEG ratio is 0.01.
GoodMoat's valuation models include the Graham Number (based on EPS and book value), an earnings-based model (discounted future EPS), and a PEG-adjusted valuation. The three models are averaged to produce a blended fair value estimate. Use these tools alongside the DCF calculator and reverse DCF to form a comprehensive view of First Majestic Silver Corporation's intrinsic value.