First Quantum Minerals Stock Five Year Return
| FM Stock | CAD 18.69 0.22 1.16% |
First Quantum Minerals fundamentals help investors to digest information that contributes to First Quantum'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 Quantum'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 Quantum stock.
First | Five Year Return |
First Quantum Minerals Company Five Year Return Analysis
First Quantum's Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
More About Five Year Return | All Equity Analysis
Five Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current First Quantum Five Year Return | 0.25 % |
Most of First Quantum's fundamental indicators, such as Five Year Return, 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 Quantum Minerals is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
First Five Year Return Driver Correlations
Understanding the fundamental principles of building solid financial models for First Quantum is extremely important. It helps to project a fair market value of First Stock properly, considering its historical fundamentals such as Five Year Return. Since First Quantum'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 Quantum'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 Quantum's interrelated accounts and indicators.
Click cells to compare fundamentals
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
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First Return On Tangible Assets
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According to the company disclosure, First Quantum Minerals has a Five Year Return of 0.25%. This is much higher than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The five year return for all Canada stocks is notably lower than that of the firm.
First Five Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses First Quantum's direct or indirect competition against its Five Year Return to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of First Quantum could also be used in its relative valuation, which is a method of valuing First Quantum by comparing valuation metrics of similar companies.First Quantum is currently under evaluation in five year return category among its peers.
First Quantum Current Valuation Drivers
We derive many important indicators used in calculating different scores of First Quantum from analyzing First Quantum's financial statements. These drivers represent accounts that assess First Quantum's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of First Quantum's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 7.0B | 12.3B | 16.5B | 14.4B | 5.7B | 4.6B | |
| Enterprise Value | 14.6B | 19.8B | 22.5B | 20.1B | 12.1B | 6.6B |
First Quantum 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 Quantum's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to First Quantum's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
First Fundamentals
| Return On Equity | -0.17 | ||||
| Return On Asset | 0.0167 | ||||
| Profit Margin | (0.32) % | ||||
| Operating Margin | 0.29 % | ||||
| Current Valuation | 23.9 B | ||||
| Shares Outstanding | 834.21 M | ||||
| Shares Owned By Insiders | 19.35 % | ||||
| Shares Owned By Institutions | 52.68 % | ||||
| Number Of Shares Shorted | 9.24 M | ||||
| Price To Earning | 32.92 X | ||||
| Price To Book | 1.02 X | ||||
| Price To Sales | 3.31 X | ||||
| Revenue | 6.46 B | ||||
| Gross Profit | 2.2 B | ||||
| EBITDA | 2.29 B | ||||
| Net Income | (1.24 B) | ||||
| Cash And Equivalents | 1.69 B | ||||
| Cash Per Share | 1.37 X | ||||
| Total Debt | 7.58 B | ||||
| Debt To Equity | 0.96 % | ||||
| Current Ratio | 1.03 X | ||||
| Book Value Per Share | 13.66 X | ||||
| Cash Flow From Operations | 1.43 B | ||||
| Short Ratio | 4.81 X | ||||
| Earnings Per Share | (3.08) X | ||||
| Price To Earnings To Growth | (9.80) X | ||||
| Target Price | 15.3 | ||||
| Beta | 1.73 | ||||
| Market Capitalization | 15.77 B | ||||
| Total Asset | 23.76 B | ||||
| Retained Earnings | 4.89 B | ||||
| Working Capital | 1.45 B | ||||
| Current Asset | 2.16 B | ||||
| Current Liabilities | 1.09 B | ||||
| Five Year Return | 0.25 % | ||||
| Net Asset | 23.76 B |
About First Quantum Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze First Quantum Minerals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of First Quantum using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of First Quantum Minerals 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.
Pair Trading with First Quantum
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 Quantum 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 Quantum will appreciate offsetting losses from the drop in the long position's value.Moving together with First Stock
| 0.69 | AG | First Majestic Silver | PairCorr |
| 0.72 | IE | Ivanhoe Energy | PairCorr |
| 0.76 | FDY | Faraday Copper Corp | PairCorr |
Moving against First Stock
The ability to find closely correlated positions to First Quantum 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 Quantum 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 Quantum - 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 Quantum Minerals to buy it.
The correlation of First Quantum 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 Quantum moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Quantum Minerals 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 Quantum 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.Other Information on Investing in First Stock
First Quantum financial ratios help investors to determine whether First Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in First with respect to the benefits of owning First Quantum security.