First Majestic Silver Stock Z Score
| AG Stock | USD 6.44 0.10 1.53% |
First | Z Score |
First Majestic Silver Company Z Score Analysis
First Majestic's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
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First Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for First Majestic is extremely important. It helps to project a fair market value of First Stock properly, considering its historical fundamentals such as Z Score. Since First Majestic's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of First Majestic's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of First Majestic's interrelated accounts and indicators.
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To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
| Competition |
In accordance with the company's disclosures, First Majestic Silver has a Z Score of 0.0. This is 100.0% lower than that of the Metals & Mining sector and 100.0% lower than that of the Materials industry. The z score for all United States stocks is 100.0% higher than that of the company.
First Z Score 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 Z Score 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 z score category among its peers.
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 Majestic ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, First Majestic's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to First Majestic's managers, analysts, and investors.Environmental | Governance | Social |
First Majestic Institutional Holders
Institutional Holdings refers to the ownership stake in First Majestic that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of First Majestic's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing First Majestic's value.| Shares | Bmo Capital Markets Corp. | 2024-06-30 | 1.2 M | Susquehanna International Group, Llp | 2024-06-30 | 1.1 M | Qube Research & Technologies | 2024-06-30 | 958 K | Two Sigma Investments Llc | 2024-06-30 | 932.8 K | Td Asset Management Inc | 2024-09-30 | 801.3 K | Dz Bank Ag Deutsche Zentral-genossenschaftsbank Frankfurt Am Main | 2024-06-30 | 798.6 K | D. E. Shaw & Co Lp | 2024-06-30 | 776.7 K | Marshall Wace Asset Management Ltd | 2024-06-30 | 659.4 K | Pictet Asset Manangement Sa | 2024-06-30 | 578.3 K | Van Eck Associates Corporation | 2024-06-30 | 28.1 M | Vanguard Group Inc | 2024-09-30 | 10.8 M |
First Fundamentals
| Return On Equity | -0.0576 | ||||
| Return On Asset | -0.0681 | ||||
| Profit Margin | (0.15) % | ||||
| Operating Margin | 0.05 % | ||||
| Current Valuation | 1.99 B | ||||
| Shares Outstanding | 301.76 M | ||||
| Shares Owned By Insiders | 1.46 % | ||||
| Shares Owned By Institutions | 42.96 % | ||||
| Number Of Shares Shorted | 30.41 M | ||||
| Price To Book | 1.43 X | ||||
| Price To Sales | 3.71 X | ||||
| Revenue | 576.38 M | ||||
| Gross Profit | 140.6 M | ||||
| EBITDA | (47.02 M) | ||||
| Net Income | (137.59 M) | ||||
| Cash And Equivalents | 162.59 M | ||||
| Cash Per Share | 0.61 X | ||||
| Total Debt | 256.11 M | ||||
| Debt To Equity | 0.19 % | ||||
| Current Ratio | 1.88 X | ||||
| Book Value Per Share | 4.57 X | ||||
| Cash Flow From Operations | 55.61 M | ||||
| Short Ratio | 2.98 X | ||||
| Earnings Per Share | (0.26) X | ||||
| Target Price | 8.75 | ||||
| Beta | 1.39 | ||||
| Market Capitalization | 1.95 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 | 0.018 |
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.
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Check out First Majestic Piotroski F Score and First Majestic Valuation analysis. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Metals & Mining space 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 0.018 | Earnings Share (0.26) | Revenue Per Share 1.8 | Quarterly Revenue Growth 0.097 |
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.