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Agnico Eagle Mines Limited (NYSE: AEM) – Is this large market cap stock undervalued?

Agnico Eagle Mines Limited (NYSE: AEM), is firmly in the large market cap category with market cap of 10524.19. To be considered a large market cap stock companies have to be valued at more than $10 billion. The current price for Agnico Eagle Mines Limited is 45.94 (with a change from open of -0.43%), this in conjunction with a target price of 58.36. Volume today has so far reached 826740, with an average volume of about 1906.86. The GAP for this stock, is 0.11%.

The P/E ratio is 320.07, bringing the forward P/E to a value of 40.75. The current EPS for Agnico Eagle Mines Limited, is 0.14, with a EPS growth for this year coming to a value of -73.20%. Performance has been interesting with performance year to date coming to 76.42%.

Looking further into the growth statistics for Agnico Eagle Mines Limited, EPS is looking like it will grow 69.31% in the next year. Looking even further it is projected to be 38.30%. Quarter over quarter is 81.30% for EPS growth and for sales growth quarter over quarter it is 5.40%. Looking at past EPS growth statistics we see that for the past five years it has been -43.70%. Sales growth for the past five years has in fact been 6.90%.

Looking at the ownership, we see that the insider ownership is at 0.20% and institutional ownership is 78.10%. Shares outstanding is 228.34, while shares float is at a value of 224.94. Float short for Agnico Eagle Mines Limited is 1.94% and the short ratio is 2.28.

In terms of debt, long term debt/equity is 0.24, while the total debt/equity comes to 0.28. The ability to meet these debts, means that the current ratio is 2.9, and the quick ratio is 1.8. The most recent gross margin is 51.30% and their operating margin is 8.70%. The profit margin is 1.60%.

Agnico Eagle Mines Limited has seen returns on assets of 0.50%, and on investment, 1.90%. Return on equity is 0.80%. Price/Earnings to growth ratio is 8.36. Price/Sales ratio is at a value of 5.21, with Price/book ratio coming to 2.34 and Price/cash is 18.82, and finally Price/Free cash Flow is 87.85.

The simple moving averages are -14.18% and 3.61% for 20 day and 200 day simple moving average respectively. For the 52 week high and low the 52 week high is -23.42% and the 52 week low is 86.90%.

Agnico Eagle Mines Limited has a dividend yield of 0.87%, with a current price of 45.94. The ability to pay this means the payout ratio is 218.40%. This is in an industry, Gold, with equally high dividends from other companies in this sector, which it is Basic Materials. Agnico Eagle Mines Limited is based in Canada.

Performance in the Gold industry means that Agnico Eagle Mines Limited has seen performance for the past week of -1.43%, with performance for the month coming to -10.14%. Looking at the data for the quarter it is at a value of -17.66%, and for the half year the performance is 64.38%. Volatility for this week is 3.70% and for the month this is 3.68%.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Peter Clarke

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