Agnico Eagle Mines Ltd. (AEM) intrinsic value & 10-year financials
Agnico Eagle Mines Ltd. (AEM) has a Graham intrinsic value of $49.88 per share. Over the last 7 fiscal years revenue grew 33.0% a year to $1.9B, with an average return on invested capital of 1.7%.
- Graham intrinsic value
- $49.88
- Revenue (FY2012)
- $1.9B
- Revenue growth (7-yr CAGR)
- 33.0%
- ROIC (10-yr avg)
- 1.7%
- Free cash flow (FY2012)
- —
AEM 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2012 | $1.9B | $310.9M | $1.81 | — | 32.5% | 7.9% |
| FY2011 | $1.8B | -$569.0M | -$3.36 | — | -33.0% | -13.9% |
| FY2010 | $1.4B | $332.1M | $2.00 | — | 33.6% | 8.8% |
| FY2009 | $640.1M | $86.5M | $0.55 | — | 24.8% | 2.6% |
| FY2008 | $406.3M | $73.2M | $0.50 | — | — | 2.9% |
| FY2007 | $461.4M | $139.3M | $1.04 | — | — | — |
| FY2006 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
AGNICO EAGLE MINES LTD revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
AGNICO EAGLE MINES LTD has historically struggled to out-earn its cost of capital, averaging just 1.7% ROIC.
AGNICO EAGLE MINES LTD capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, AGNICO EAGLE MINES LTD is modeled at 11.7% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $49.88 per share.