# Agnico Eagle Mines Limited (AEM) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Basic Materials / Metals & Mining. Price $204.73, market value $103.7 billion.

## Valuation
- **P/E (trailing): 17.5×** (5-yr avg 21.2×, 3-yr avg 17.5×). Agnico Eagle Mines Limited trades at 17.5× trailing earnings, close to its own five-year average of 21.2×. The Basic Materials median in the September 2026 study was 19.0×. Forward P/E is 16.4×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.12**. A PEG of 0.12 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 7.1×**. Each dollar of revenue is priced at 7.1×.
- **Price / book: 3.6×**. The shares trade at 3.6× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 9.8×**. Enterprise value is 9.8× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 4.4%** (5-yr avg 4.1%). Free cash flow equals 4.4% of the market value, in line with its five-year average of 4.1%.
- **Earnings yield: 5.7%**. The inverse of the P/E: 5.7% of the price is earned each year.

## Profitability
- **Gross margin: 62.1%**. Agnico Eagle Mines Limited keeps 62.1% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 58.8%**. 58.8% 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: 25.8%**. Return on all capital, debt included, is 25.8%: comfortably above what that capital costs.
- **Return on assets: 17.1%**. Each dollar of assets produces 17.1% 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: 117.0×**. Operating profit covers interest 117.0× 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: 8.47**. A Z-score of 8.47 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: 0.88%** ($1.70 per share, trailing). Agnico Eagle Mines Limited yields 0.88%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 16%** (17% 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: 1.8%**. Dividends plus net buybacks return 1.8% 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 $214.98 (+5% 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): 38.9%** (YTD 21.3%, 3-mo 25.1%). The shares are up 38.9% over twelve months including dividends.
- **From 52-week high: -19.8%** (52.4% above the low). Trading 20% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 59**. An RSI of 59 is neutral.
- **Beta (1 yr): 1.43** (volatility 48%). Beta of 1.43 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.