First Majestic Net Income vs. Earnings Per Share
| AG Stock | 8.81 0.20 2.22% |
Net Loss | First Reported 2010-12-31 | Previous Quarter -135.1 M | Current Value -128.4 M | Quarterly Volatility 61.3 M |
For First Majestic profitability analysis, we use financial ratios and fundamental drivers that measure the ability of First Majestic to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well First Majestic Silver utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between First Majestic's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of First Majestic Silver over time as well as its relative position and ranking within its peers.
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First Majestic Silver Earnings Per Share vs. Net Income Fundamental Analysis
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. First Majestic Silver is number one stock in net income category among its peers. It also is number one stock in earnings per share category among its peers . First Majestic reported last year Net Loss of (135.11 Million). 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 Earnings Per Share vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
First Majestic |
| = | (135.11 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
First Majestic |
| = | (0.36) X |
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
First Earnings Per Share Comparison
First Majestic is currently under evaluation in earnings per share category among its peers.
First Majestic Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in First Majestic, profitability is also one of the essential criteria for including it into their portfolios because, without profit, First Majestic will eventually generate negative long term returns. The profitability progress is the general direction of First Majestic's change in net profit over the period of time. It can combine multiple indicators of First Majestic, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Net Interest Income | -11.4 M | -12 M | |
| Interest Income | 6.5 M | 6.8 M | |
| Operating Income | -56.7 M | -53.8 M | |
| Net Loss | -135.1 M | -128.4 M | |
| Income Before Tax | -195.9 M | -186.1 M | |
| Total Other Income Expense Net | -127.8 M | -121.4 M | |
| Net Loss | -135.1 M | -128.4 M | |
| Net Loss | (0.48) | (0.45) | |
| Income Quality | (0.41) | (0.39) | |
| Net Income Per E B T | 0.69 | 0.83 |
First Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on First Majestic. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of First Majestic position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the First Majestic's important profitability drivers and their relationship over time.
Use First Majestic in pair-trading
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.First Majestic Pair Trading
First Majestic Silver Pair Trading Analysis
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.Use Investing Themes to Complement your First Majestic position
In addition to having First Majestic in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Wholesale Thematic Idea Now
Wholesale
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Wholesale theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Wholesale Theme or any other thematic opportunities.
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To fully project First Majestic's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of First Majestic Silver at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include First Majestic's income statement, its balance sheet, and the statement of cash flows.