Agnico Eagle Mines Limited (AEM)
Valuation Overview•Is Agnico Eagle Mines Limited Overvalued or Undervalued?
Commands a premium valuation multiple over its peers, likely pricing in superior execution.
High-quality fundamentals with a strong composite quality score of 93/100, backed by robust profitability and solvency.
Analysts remain bullish, forecasting further upside expansion with consensus targets suggesting solid gains.
Verdict: Elite compounder with fortress-level fundamentals across every core pillar.
Wall Street is highly bullish, projecting significant upside alongside robust expected earnings growth. However, capital return yields remain modest, anchored by a strong, well-covered dividend yield.
AEM exhibits elite business quality, driven by exceptional capital efficiency and highly lucrative margins (highlighted by a massive 21.9% ROIC). This is backed by a fortress balance sheet, holding significant net cash ($2.5B) and minimal debt risk.
The company is driving exceptional top-line expansion (29.3% 3Y CAGR) paired with highly explosive earnings growth (79.6% EPS 3Y CAGR). This growth is supported by elite operational efficiency, sustaining an impressive 52.9% operating margin.
| Financial Metric | Trend (12Q) | Latest Qtr | 1Y Growth | 3Y CAGR | 5Y CAGR | 10Y CAGR |
|---|---|---|---|---|---|---|
| Revenue | $3.6B | +43.7% | +29.3% | +29.2% | +20.6% | |
| EBITDA | $2.4B | — | +47.3% | — | — | |
| Net Income | $1.5B | +135.4% | +90.7% | — | +69.6% | |
| EPS (Diluted) | $3.02 | +134.4% | +79.6% | +33.4% | +55.1% | |
| Free Cash Flow | $1.3B | +100.4% | +96.9% | +58.0% | — |
| Metric | TTM | 3Y Avg | 5Y Avg | 10Y Avg |
|---|---|---|---|---|
| Gross Margin | 57.3% | 44.0% | 38.6% | 30.2% |
| Operating Margin | 52.9% | 38.9% | 34.0% | 25.3% |
| Net Margin | 37.5% | 29.9% | 23.2% | 15.4% |
| FCF Margin | 37.1% | 25.2% | 19.2% | 9.4% |
| Quarter | EPS Est. | EPS Act. | Surprise | EPS | Rev |
|---|---|---|---|---|---|
| Q2'26Latest | $3.19 | $3.40 | +6.6% | ||
| Q1'26 | $2.58 | $2.69 | +4.3% | ||
| Q4'25 | $1.76 | $2.16 | +22.7% | ||
| Q3'25 | $1.83 | $1.94 | +6.0% | ||
| Q2'25 | $1.39 | $1.53 | +10.1% | ||
| Q1'25 | $1.70 | $1.26 | -25.9% | ||
| Q4'24 | $1.02 | $1.14 | +11.8% | ||
| Q3'24 | $0.90 | $1.07 | +18.9% |
Total return is +37.3% (1Y), outperforming the benchmark by +12.3%
| Period | Total Return | vs S&P 500 (Alpha) | Dividend Contribution |
|---|---|---|---|
| YTD | -1.7% | -11.0% | — |
| 1Y | +37.3% | +12.3% | +1.4% |
| 3YCAGR | +52.1% | +34.4% | +10.1% |
| 5YCAGR | +22.7% | +10.5% | +12.7% |
| 10YCAGR | +13.5% | +0.3% | — |
The S&P 500 is at 31.3x trailing P/E — Expensive relative to historical averages.
Quick answers to common questions about Agnico Eagle Mines Limited (AEM) valuation, health, and returns.
Agnico Eagle Mines Limited is estimated to be fair under our discounted cash flow framework. relative multiples indicate the stock is Expensive versus peers compared to industry peers. trading near fair value (DCF: $190.30)
Agnico Eagle Mines Limited has multiple valuation anchors: DCF Intrinsic Value: $190.30 | Peer Relative Fair Value: $132.63 | Wall Street Analyst Target: $248.17 (implying +48.9% upside). A convergence of these signals offers higher conviction.
Agnico Eagle Mines Limited displays excellent financial health with a composite quality score of 93/100, supported by a Altman Z-Score of 6.2 (safe zone), Piotroski F-Score of 8/9, Return on Invested Capital (ROIC) of 21.9%.
Agnico Eagle Mines Limited pays a 0.9% dividend yield, covered by a 16% payout ratio with 0 years of growth, supplemented by a 0.8% buyback yield.
Agnico Eagle Mines Limited's current growth trajectory is Accelerating. The company achieved +43.7% 1Y revenue growth and +134.4% 1Y EPS growth, compared to its 3Y revenue CAGR of +29.3%.
Wall Street consensus is Buy based on 31 analysts, beating EPS expectations in 83% of recent quarters with a 5-quarter streak. The consensus price target represents a +48.9% change from current levels.
Investment risks for Agnico Eagle Mines Limited include: -39.5% 1-year max drawdown, high beta (1.35x market volatility). Volatility risk is characterized by a beta of 1.35x.
No. These computations are purely quantitative model outputs for informational purposes. They do not account for qualitative management shifts or macro events. Always consult a licensed RIA before buying or selling shares.
Disclaimer: This page is for informational purposes only and does not constitute financial advice. All valuation models, scores, and target estimates are automated computations under stated assumptions and should not be relied upon as the sole basis for any investment decision.