# Agnico Eagle Mines Limited (AEM) fundamentals

Data as of 2026-11-04. NYSE, United States. Sector: Basic Materials / Mining & Metals. Price $167.28, market value $84.6 billion.

## Valuation
- **P/E (trailing): 13.6×** (5-yr avg 21.2×, 3-yr avg 17.5×). Agnico Eagle Mines Limited trades at 13.6× trailing earnings, well below its own five-year average of 21.2×: cheap by its own standards. The Basic Materials median in the September 2026 study was 19.0×. Forward P/E is 14.3×, higher than trailing, so analysts expect earnings to fall.
- **PEG: 0.10**. A PEG of 0.10 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 5.6×**. Each dollar of revenue is priced at 5.6×.
- **Price / book: 2.9×**. The shares trade at 2.9× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 7.7×**. Enterprise value is 7.7× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 5.0%** (5-yr avg 4.1%). Free cash flow equals 5.0% of the market value, above its five-year average of 4.1%, so the shares are cheaper on cash than they have usually been.
- **Earnings yield: 7.3%**. The inverse of the P/E: 7.3% of the price is earned each year.

## Profitability
- **Gross margin: 62.8%**. Agnico Eagle Mines Limited keeps 62.8% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 59.0%**. 59.0% of revenue is left after running the business, an exceptional level.
- **Net margin: 37.5%**. 37.5% of each dollar of sales reaches the bottom line.
- **Return on equity: 18.4%**. 18.4% on shareholders' equity is solid.
- **Return on invested capital: 27.1%**. Return on all capital, debt included, is 27.1%: comfortably above what that capital costs.
- **Return on assets: 18.0%**. Each dollar of assets produces 18.0% of profit.

## Growth
- **Revenue growth (1 yr): 46.2%** (3-yr 28.3%/yr, 5-yr 31.0%/yr). Revenue grew 46.2% over the last year, against 31.0% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): 138.6%** (3-yr 83.1%/yr, 5-yr 32.4%/yr). Earnings per share rose 138.6%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): 99.8%/yr**. Free cash flow has compounded at 99.8% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 0.01**. Debt is 0.01 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. Agnico Eagle Mines Limited holds more cash than debt.
- **Interest coverage: 138.9×**. Operating profit covers interest 138.9× over, a safe margin.
- **Current ratio: 2.02** (quick 1.33). Current assets cover the next year's liabilities 2.02 times.
- **Altman Z-score: 7.29**. A Z-score of 7.29 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 8/9**. 8 of 9 fundamental checks pass: strong and improving financials.

## Dividends
- **Dividend yield: 1.08%** ($1.75 per share, trailing). Agnico Eagle Mines Limited yields 1.08%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 16%** (19% of free cash flow). 16% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 3**. 3 straight years of increases.
- **Dividend growth (5 yr): 11.0%/yr** (1-yr 0.0%). The dividend has compounded at 11.0% a year over five years, doubling roughly every 7 years at that pace.
- **Shareholder yield: 2.4%**. Dividends plus net buybacks return 2.4% of the market value a year.

## Analyst view
- **Analyst consensus: buy** (14 analysts). 14 analysts cover Agnico Eagle Mines Limited; the consensus is buy, with an average price target of $211.49 (+26% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 3.6%** (YTD -0.9%, 3-mo 11.1%). The shares are up 3.6% over twelve months including dividends.
- **From 52-week high: -34.5%** (24.5% above the low). Trading 34% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 38**. An RSI of 38 is neutral.
- **Beta (1 yr): 1.62** (volatility 48%). Beta of 1.62 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=AEM · Page: https://foliofundamentals.com/stocks/aem

Not investment advice.