Agnico Competitors

AEM Stock  USD 63.47  0.98  1.57%   
Agnico Eagle Mines competes with Franco Nevada, Wheaton Precious, Osisko Gold, Royal Gold, and Fortuna Silver; as well as few others. The company runs under Metals & Mining sector within Materials industry. Analyzing Agnico Eagle competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Agnico Eagle to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Agnico Eagle Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Agnico Eagle competition on your existing holdings.
  
As of the 19th of April 2024, Return On Tangible Assets is likely to grow to 0.08. Also, Return On Capital Employed is likely to grow to 0.1. At this time, Agnico Eagle's Return On Tangible Assets are very stable compared to the past year. As of the 19th of April 2024, Intangibles To Total Assets is likely to grow to 0.15, while Net Tangible Assets are likely to drop about 4.6 B.
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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Agnico Eagle's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
61.3563.1764.99
Details
Intrinsic
Valuation
LowRealHigh
56.9365.6167.43
Details
20 Analysts
Consensus
LowTargetHigh
60.7866.7974.14
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.510.530.65
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Agnico Eagle. Your research has to be compared to or analyzed against Agnico Eagle's peers to derive any actionable benefits. When done correctly, Agnico Eagle's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Agnico Eagle Mines.

Agnico Eagle Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Agnico Eagle and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Agnico and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Agnico Eagle Mines does not affect the price movement of the other competitor.
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Risk-Adjusted Indicators

There is a big difference between Agnico Stock performing well and Agnico Eagle Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Agnico Eagle's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Cross Equities Net Income Analysis

Compare Agnico Eagle Mines and related stocks such as Franco Nevada, Wheaton Precious Metals, and Osisko Gold Ro Net Income Over Time
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Price To Sales RatioDividend Yield
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Return On Equity
201020112012201320142015201620172018201920202021202220232024
FNV(33.1 M)(6.8 M)102.6 M11.7 M106.7 M24.6 M122.2 M194.7 M139 M344.1 M326.2 M733.7 M700.6 M(475 M)(451.2 M)
WPM6.6 K550 M586 M375.5 M199.8 M(162 M)195.1 M57.7 M427.1 M86.1 M507.8 M754.9 M669.1 M537.6 M564.5 M
RGLD(15 M)92.5 M69.2 M62.6 M52 M(77.1 M)101.5 M(113.1 M)93.8 M199.3 M302.5 M239 M239 M274.8 M288.6 M
GFI188 M881.5 M654.3 M(247.9 M)(27.2 M)(345 M)162.8 M(35 M)(348.2 M)161.6 M723 M789.3 M711 M703.3 M738.5 M
CGAU9.1 M370.9 M(184 M)157.7 M(44.1 M)41.6 M151.5 M209.5 M107.5 M(93.5 M)408.5 M446.9 M(77.2 M)(82.8 M)(78.6 M)

Agnico Eagle Mines and related stocks such as Franco Nevada, Wheaton Precious Metals, and Osisko Gold Ro Net Income description

Net income is one of the most important fundamental items in finance. It plays a large role in Agnico Eagle Mines financial statement analysis. It represents the amount of money remaining after all of Agnico Eagle Mines operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Agnico Eagle Competitive Analysis

The better you understand Agnico Eagle competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Agnico Eagle's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Agnico Eagle's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
AEM FNV WPM OR RGLD FSM AGI DRD GFI CGAU
 1.57 
 63.47 
Agnico
 1.00 
 121.67 
Franco
 0.04 
 52.69 
Wheaton
 2.09 
 16.14 
Osisko
 1.09 
 121.66 
Royal
 1.31 
 4.51 
Fortuna
 0.80 
 15.06 
Alamos
 0.35 
 8.48 
DRDGOLD
 0.17 
 17.77 
Gold
 0.17 
 6.07 
Centerra
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Agnico Eagle Competition Performance Charts

Five steps to successful analysis of Agnico Eagle Competition

Agnico Eagle's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Agnico Eagle Mines in relation to its competition. Agnico Eagle's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Agnico Eagle in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Agnico Eagle's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Agnico Eagle Mines, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Agnico Eagle position

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When determining whether Agnico Eagle Mines is a strong investment it is important to analyze Agnico Eagle's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Agnico Eagle's future performance. For an informed investment choice regarding Agnico Stock, refer to the following important reports:
Check out Agnico Eagle Correlation with its peers.
Note that the Agnico Eagle Mines information on this page should be used as a complementary analysis to other Agnico Eagle's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

Complementary Tools for Agnico Stock analysis

When running Agnico Eagle's price analysis, check to measure Agnico Eagle's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Agnico Eagle is operating at the current time. Most of Agnico Eagle's value examination focuses on studying past and present price action to predict the probability of Agnico Eagle's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Agnico Eagle's price. Additionally, you may evaluate how the addition of Agnico Eagle to your portfolios can decrease your overall portfolio volatility.
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Is Agnico Eagle's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Agnico Eagle. If investors know Agnico will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Agnico Eagle listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.431
Dividend Share
1.6
Earnings Share
3.95
Revenue Per Share
13.56
Quarterly Revenue Growth
0.269
The market value of Agnico Eagle Mines is measured differently than its book value, which is the value of Agnico that is recorded on the company's balance sheet. Investors also form their own opinion of Agnico Eagle's value that differs from its market value or its book value, called intrinsic value, which is Agnico Eagle's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Agnico Eagle's market value can be influenced by many factors that don't directly affect Agnico Eagle's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Agnico Eagle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Agnico Eagle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agnico Eagle's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.