First Capex To Revenue vs Roic Analysis

AG Stock

USD 7.94 0.51 6.86%

First Majestic financial indicator trend analysis is much more than just examining First Majestic Silver latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Majestic Silver is a good investment. Please check the relationship between First Majestic Capex To Revenue and its Roic accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in First Majestic Silver. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

Capex To Revenue vs Roic

Capex To Revenue vs Roic Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Majestic Silver Capex To Revenue account and Roic. At this time, the significance of the direction appears to have almost identical trend.

The correlation between First Majestic's Capex To Revenue and Roic is 0.97. Overlapping area represents the amount of variation of Capex To Revenue that can explain the historical movement of Roic in the same time period over historical financial statements of First Majestic Silver, assuming nothing else is changed. The correlation between historical values of First Majestic's Capex To Revenue and Roic is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Revenue of First Majestic Silver are associated (or correlated) with its Roic. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roic has no effect on the direction of Capex To Revenue i.e., First Majestic's Capex To Revenue and Roic go up and down completely randomly.

Correlation Coefficient

0.97

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.

Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.

Most indicators from First Majestic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Majestic Silver current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in First Majestic Silver. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

At this time, First Majestic's Enterprise Value Over EBITDA is most likely to increase significantly in the upcoming years. The First Majestic's current Enterprise Value Multiple is estimated to increase to 24.73, while Tax Provision is forecasted to increase to (58.9 M).

First Majestic fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Other Assets	Other Current Liab	Other Liab	Net Tangible Assets	Long Term Debt	Good Will	Common Stock Total Equity
Total Assets		0.94	1.0	0.99	0.55	-0.82	0.74	0.57	1.0	0.7	0.77	0.73	0.93	0.99	0.73	0.14	0.99	0.93	0.9	0.9	0.97	0.93	0.97	0.9	0.58	0.91
Total Current Liabilities	0.94		0.93	0.95	0.46	-0.68	0.84	0.58	0.94	0.79	0.71	0.63	0.82	0.92	0.68	0.03	0.95	0.89	0.84	0.77	0.93	0.82	0.86	0.78	0.53	0.81
Total Stockholder Equity	1.0	0.93		0.99	0.53	-0.81	0.72	0.57	0.99	0.68	0.78	0.71	0.94	0.98	0.72	0.16	0.98	0.94	0.9	0.91	0.96	0.93	0.98	0.88	0.6	0.91
Property Plant And Equipment Net	0.99	0.95	0.99		0.6	-0.77	0.72	0.49	1.0	0.69	0.7	0.69	0.91	0.98	0.72	0.11	0.99	0.95	0.85	0.9	0.96	0.91	0.96	0.87	0.59	0.88
Net Debt	0.55	0.46	0.53	0.6		-0.62	0.13	-0.27	0.6	0.22	0.0	0.49	0.49	0.61	0.32	-0.01	0.59	0.6	0.24	0.66	0.6	0.54	0.56	0.67	0.2	0.5
Retained Earnings	-0.82	-0.68	-0.81	-0.77	-0.62		-0.55	-0.45	-0.8	-0.48	-0.68	-0.75	-0.89	-0.85	-0.48	-0.17	-0.83	-0.7	-0.79	-0.83	-0.78	-0.88	-0.82	-0.92	-0.35	-0.92
Accounts Payable	0.74	0.84	0.72	0.72	0.13	-0.55		0.77	0.7	0.89	0.73	0.64	0.68	0.73	0.55	0.14	0.77	0.65	0.82	0.52	0.7	0.61	0.61	0.63	0.43	0.67
Cash	0.57	0.58	0.57	0.49	-0.27	-0.45	0.77		0.5	0.58	0.92	0.49	0.61	0.54	0.42	0.1	0.56	0.35	0.83	0.31	0.49	0.46	0.49	0.5	0.4	0.63
Non Current Assets Total	1.0	0.94	0.99	1.0	0.6	-0.8	0.7	0.5		0.68	0.71	0.7	0.92	0.99	0.73	0.13	0.99	0.95	0.86	0.92	0.97	0.93	0.97	0.89	0.57	0.89
Non Currrent Assets Other	0.7	0.79	0.68	0.69	0.22	-0.48	0.89	0.58	0.68		0.56	0.48	0.53	0.71	0.63	0.18	0.73	0.7	0.71	0.6	0.75	0.59	0.58	0.59	0.14	0.5
Cash And Short Term Investments	0.77	0.71	0.78	0.7	0.0	-0.68	0.73	0.92	0.71	0.56		0.62	0.81	0.74	0.53	0.13	0.74	0.58	0.95	0.57	0.7	0.7	0.74	0.71	0.49	0.83
Net Receivables	0.73	0.63	0.71	0.69	0.49	-0.75	0.64	0.49	0.7	0.48	0.62		0.79	0.76	0.61	0.2	0.75	0.59	0.75	0.64	0.65	0.66	0.7	0.83	0.57	0.81
Common Stock Shares Outstanding	0.93	0.82	0.94	0.91	0.49	-0.89	0.68	0.61	0.92	0.53	0.81	0.79		0.93	0.58	0.21	0.92	0.79	0.91	0.84	0.83	0.9	0.93	0.9	0.7	0.98
Non Current Liabilities Total	0.99	0.92	0.98	0.98	0.61	-0.85	0.73	0.54	0.99	0.71	0.74	0.76	0.93		0.73	0.13	1.0	0.91	0.89	0.91	0.96	0.92	0.95	0.94	0.53	0.92
Other Current Assets	0.73	0.68	0.72	0.72	0.32	-0.48	0.55	0.42	0.73	0.63	0.53	0.61	0.58	0.73		0.36	0.73	0.69	0.63	0.77	0.75	0.68	0.73	0.62	0.33	0.53
Other Stockholder Equity	0.14	0.03	0.16	0.11	-0.01	-0.17	0.14	0.1	0.13	0.18	0.13	0.2	0.21	0.13	0.36		0.11	0.12	0.19	0.29	0.11	0.16	0.28	0.13	0.26	0.09
Total Liab	0.99	0.95	0.98	0.99	0.59	-0.83	0.77	0.56	0.99	0.73	0.74	0.75	0.92	1.0	0.73	0.11		0.92	0.89	0.89	0.97	0.91	0.94	0.92	0.54	0.91
Property Plant And Equipment Gross	0.93	0.89	0.94	0.95	0.6	-0.7	0.65	0.35	0.95	0.7	0.58	0.59	0.79	0.91	0.69	0.12	0.92		0.75	0.9	0.94	0.89	0.92	0.77	0.43	0.75
Total Current Assets	0.9	0.84	0.9	0.85	0.24	-0.79	0.82	0.83	0.86	0.71	0.95	0.75	0.91	0.89	0.63	0.19	0.89	0.75		0.73	0.85	0.81	0.86	0.85	0.54	0.91
Other Assets	0.9	0.77	0.91	0.9	0.66	-0.83	0.52	0.31	0.92	0.6	0.57	0.64	0.84	0.91	0.77	0.29	0.89	0.9	0.73		0.9	0.95	0.93	0.84	0.39	0.79
Other Current Liab	0.97	0.93	0.96	0.96	0.6	-0.78	0.7	0.49	0.97	0.75	0.7	0.65	0.83	0.96	0.75	0.11	0.97	0.94	0.85	0.9		0.89	0.94	0.88	0.4	0.82
Other Liab	0.93	0.82	0.93	0.91	0.54	-0.88	0.61	0.46	0.93	0.59	0.7	0.66	0.9	0.92	0.68	0.16	0.91	0.89	0.81	0.95	0.89		0.93	0.83	0.44	0.88
Net Tangible Assets	0.97	0.86	0.98	0.96	0.56	-0.82	0.61	0.49	0.97	0.58	0.74	0.7	0.93	0.95	0.73	0.28	0.94	0.92	0.86	0.93	0.94	0.93		0.87	0.6	0.89
Long Term Debt	0.9	0.78	0.88	0.87	0.67	-0.92	0.63	0.5	0.89	0.59	0.71	0.83	0.9	0.94	0.62	0.13	0.92	0.77	0.85	0.84	0.88	0.83	0.87		0.45	0.92
Good Will	0.58	0.53	0.6	0.59	0.2	-0.35	0.43	0.4	0.57	0.14	0.49	0.57	0.7	0.53	0.33	0.26	0.54	0.43	0.54	0.39	0.4	0.44	0.6	0.45		0.62
Common Stock Total Equity	0.91	0.81	0.91	0.88	0.5	-0.92	0.67	0.63	0.89	0.5	0.83	0.81	0.98	0.92	0.53	0.09	0.91	0.75	0.91	0.79	0.82	0.88	0.89	0.92	0.62

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First Majestic Account Relationship Matchups

First Majestic fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.0B	1.2B	2.1B	2.1B	2.0B	2.1B
Total Current Liabilities	71.9M	101.6M	172.8M	167.4M	119.5M	125.5M
Total Stockholder Equity	662.3M	850.2M	1.4B	1.4B	1.4B	1.4B
Property Plant And Equipment Net	712.1M	782.3M	1.5B	1.5B	1.4B	1.5B
Net Debt	8.7M	(65.3M)	(16.8M)	96.5M	130.3M	136.8M
Retained Earnings	(361.6M)	(338.9M)	(347.8M)	(468.9M)	(606.8M)	(576.4M)
Accounts Payable	36.3M	49.9M	72.4M	71.1M	31.7M	24.9M
Cash	169.0M	238.6M	237.9M	151.4M	124.9M	77.3M
Non Current Assets Total	784.9M	881.5M	1.7B	1.7B	1.7B	1.7B
Non Currrent Assets Other	21.7M	29.5M	126.5M	143.6M	20.5M	16.3M
Cash And Short Term Investments	175.5M	274.9M	264.4M	186.0M	187.0M	196.3M
Net Receivables	33.9M	45.9M	54.3M	41.2M	48.4M	50.9M
Common Stock Shares Outstanding	201.6M	215.9M	244.7M	263.1M	282.3M	296.4M
Liabilities And Stockholders Equity	1.0B	1.2B	2.1B	2.1B	2.0B	2.1B
Non Current Liabilities Total	293.8M	285.7M	541.2M	531.3M	495.5M	520.3M
Other Current Assets	3.0M	(1K)	17.9M	5.6M	8.7M	9.1M
Other Stockholder Equity	74.1M	1K	98.9M	98.9M	113.8M	95.5M
Total Liab	365.6M	387.3M	714.0M	698.7M	615.1M	645.8M
Property Plant And Equipment Gross	(41.6M)	782.3M	2.1B	2.5B	2.0B	2.1B
Total Current Assets	243.0M	356.0M	397.2M	370.3M	307.5M	322.8M
Accumulated Other Comprehensive Income	90.7M	102.0M	98.9M	98.9M	87.6M	92.0M
Other Assets	57.9M	1K	200.8M	200.6M	230.7M	242.2M
Other Current Liab	23.0M	32.7M	76.2M	78.5M	67.4M	70.8M
Other Liab	109.1M	128.7M	332.1M	297.7M	342.4M	359.5M
Net Tangible Assets	662.3M	850.2M	1.4B	1.4B	1.6B	1.7B
Long Term Debt	154.6M	141.7M	181.1M	209.8M	219.0M	229.9M
Common Stock Total Equity	636.7M	827.6M	933.2M	1.1B	1.3B	1.3B
Short Term Investments	6.5M	36.3M	26.5M	34.5M	62.1M	65.2M
Inventory	30.5M	32.5M	60.6M	64.8M	63.4M	66.5M
Short Long Term Debt	1.2M	11.0M	125K	551K	426K	404.7K
Short Term Debt	8.1M	16.3M	12.0M	14.4M	18.1M	16.1M
Common Stock	933.2M	1.1B	1.7B	1.8B	1.9B	2.0B
Property Plant Equipment	712.1M	782.3M	1.5B	1.5B	1.8B	1.9B
Short Long Term Debt Total	177.8M	173.3M	221.1M	247.9M	255.2M	268.0M
Current Deferred Revenue	4.5M	2.7M	12.2M	3.4M	2.3M	2.6M
Long Term Debt Total	151.2M	169.7M	157.0M	209.1M	240.5M	252.5M

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When determining whether First Majestic Silver is a strong investment it is important to analyze First Majestic'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 First Majestic's future performance. For an informed investment choice regarding First Stock, refer to the following important reports:

How To Invest In First

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Is First Stock a good investment?

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What is First Majestic's Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in First Majestic Silver. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

Note that the First Majestic Silver information on this page should be used as a complementary analysis to other First Majestic'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 Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

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When running First Majestic's price analysis, check to measure First Majestic'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 First Majestic is operating at the current time. Most of First Majestic's value examination focuses on studying past and present price action to predict the probability of First Majestic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Majestic's price. Additionally, you may evaluate how the addition of First Majestic to your portfolios can decrease your overall portfolio volatility.

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Is First Majestic'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 First Majestic. If investors know First 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 First Majestic 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

2.359

Dividend Share

0.018

Earnings Share

(0.16)

Revenue Per Share

1.831

Quarterly Revenue Growth

(0.33)

The market value of First Majestic Silver is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Majestic's value that differs from its market value or its book value, called intrinsic value, which is First Majestic'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 First Majestic's market value can be influenced by many factors that don't directly affect First Majestic'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 First Majestic's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Majestic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Majestic'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.

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First Capex To Revenue vs Roic Analysis

Capex To Revenue vs Roic

Capex To Revenue vs Roic Correlation Analysis

Correlation Coefficient

Capex To Revenue

Roic

First Majestic fundamental ratios Correlations

First Majestic Account Relationship Matchups

High Positive Relationship

High Negative Relationship

First Majestic fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 1.0	Non Current Liabilities Total
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Total Assets

Common Stock Total Equity	- 0.92	Retained Earnings
Long Term Debt	- 0.92	Retained Earnings
Common Stock Shares Outstanding	- 0.89	Retained Earnings
Other Liab	- 0.88	Retained Earnings
Non Current Liabilities Total	- 0.85	Retained Earnings
Other Assets	- 0.83	Retained Earnings