Avino Silver & Gold Mines Ltd. (ASM) intrinsic value & 10-year financials

Avino Silver & Gold Mines Ltd. (ASM) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 8 fiscal years revenue shrank 4.6% a year to $11.2M, with an average return on invested capital of -8.3%.

Graham intrinsic value
—
Revenue (FY2021)
$11.2M
Revenue growth (8-yr CAGR)
-4.6%
ROIC (10-yr avg)
-8.3%
Free cash flow (FY2021)
—

ASM 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2021 $11.2M -$2.1M -$0.02 — — -4.0%
FY2020 $16.0M -$7.7M -$0.09 — — -15.3%
FY2019 $31.7M -$31.5M -$0.45 — — -48.8%
FY2018 $34.1M $1.6M $0.00 — — 2.1%
FY2017 $33.4M $2.7M $0.00 — — 4.0%
FY2016 $30.1M $1.5M $0.00 — — 2.5%
FY2015 $14.9M $378.1K $0.00 — — 1.0%
FY2014 — — — — — —

Source: annual 10-K filings on SEC EDGAR. Figures in USD.

Executive summary

AVINO SILVER & GOLD MINES LTD revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.

AVINO SILVER & GOLD MINES LTD has historically struggled to out-earn its cost of capital, averaging just -8.3% ROIC.

AVINO SILVER & GOLD 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, AVINO SILVER & GOLD MINES LTD is modeled at -4.6% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-0.00 per share.

ASM stock: frequently asked questions

What is the intrinsic value of Avino Silver & Gold Mines Ltd. (ASM) stock?

Graham's formula only works with positive earnings. Avino Silver & Gold Mines Ltd. reported diluted EPS of -$0.02 in fiscal 2021, so no Graham value is shown. The 10-year table shows revenue and cash-flow trends instead.

What is ASM's return on invested capital?

Average ROIC over the last 8 fiscal years was -8.3%, and average return on equity was -7.8%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this ASM data come from?

From Avino Silver & Gold Mines Ltd.'s annual 10-K filings on SEC EDGAR, most recently filed Mar 31, 2022. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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