First Majestic Silver Stock Revenue
| AG Stock | USD 6.55 0.18 2.67% |
First Majestic Silver fundamentals help investors to digest information that contributes to First Majestic's financial success or failures. It also enables traders to predict the movement of First Stock. The fundamental analysis module provides a way to measure First Majestic's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to First Majestic stock.
| Last Reported | Projected for Next Year | ||
| Total Revenue | 584.3 M | 613.5 M |
First | Revenue |
First Majestic Silver Company Revenue Analysis
First Majestic's Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Current First Majestic Revenue | 584.32 M |
Most of First Majestic's fundamental indicators, such as Revenue, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, First Majestic Silver is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Historical and Projected quarterly revenue of First
Projected quarterly revenue analysis of First Majestic Silver provides investors and stakeholders with an insight into the company's performance and growth prospects. When actual revenues of First Majestic match or exceed analyst estimates, it positively influences investor confidence and market perception, often leading to a rise in First Majestic's stock price.
First Revenue Driver Correlations
Understanding the fundamental principles of building solid financial models for First Majestic is extremely important. It helps to project a fair market value of First Stock properly, considering its historical fundamentals such as Revenue. Since First Majestic's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of First Majestic's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of First Majestic's interrelated accounts and indicators.
| 0.55 | 0.51 | 0.28 | 0.27 | 0.27 | ||
| 0.55 | 0.95 | 0.56 | 0.4 | 0.56 | ||
| 0.51 | 0.95 | 0.45 | 0.22 | 0.44 | ||
| 0.28 | 0.56 | 0.45 | 0.8 | 1.0 | ||
| 0.27 | 0.4 | 0.22 | 0.8 | 0.81 | ||
| 0.27 | 0.56 | 0.44 | 1.0 | 0.81 |
Click cells to compare fundamentals
First Revenue Historical Pattern
Today, most investors in First Majestic Stock are looking for potential investment opportunities by analyzing not only static indicators but also various First Majestic's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's revenue growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of First Majestic revenue as a starting point in their analysis.
First Majestic Revenue |
| Timeline |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
| Competition |
First Current Deferred Revenue
Current Deferred Revenue |
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Based on the latest financial disclosure, First Majestic Silver reported 584.32 M of revenue. This is 92.56% lower than that of the Metals & Mining sector and 88.6% higher than that of the Materials industry. The revenue for all United States stocks is 93.81% higher than that of the company.
First Revenue Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses First Majestic's direct or indirect competition against its Revenue to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of First Majestic could also be used in its relative valuation, which is a method of valuing First Majestic by comparing valuation metrics of similar companies.First Majestic is currently under evaluation in revenue category among related companies.
First Majestic Current Valuation Drivers
We derive many important indicators used in calculating different scores of First Majestic from analyzing First Majestic's financial statements. These drivers represent accounts that assess First Majestic's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of First Majestic's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 2.5B | 2.9B | 2.7B | 2.2B | 1.7B | 961.8M | |
| Enterprise Value | 2.5B | 2.8B | 2.7B | 2.3B | 1.9B | 2.0B |
First Majestic Institutional Holders
Institutional Holdings refers to the ownership stake in First Majestic that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of First Majestic's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing First Majestic's value.| Shares | Two Sigma Investments Llc | 2023-12-31 | 799.9 K | Pictet Asset Manangement Sa | 2023-12-31 | 791.2 K | Dz Bank Ag Deutsche Zentral-genossenschaftsbank Frankfurt Am Main | 2023-12-31 | 790.7 K | Sprott Inc. | 2023-12-31 | 787.9 K | Td Asset Management Inc | 2023-12-31 | 757.7 K | Deutsche Bank Ag | 2023-12-31 | 609.6 K | Capital Fund Management Sa | 2023-12-31 | 573.6 K | Swiss National Bank | 2023-12-31 | 568.6 K | Legal & General Group Plc | 2023-12-31 | 509.6 K | Van Eck Associates Corporation | 2023-12-31 | 30.3 M | Vanguard Group Inc | 2023-12-31 | 10.3 M |
First Fundamentals
| Return On Equity | -0.0976 | ||||
| Return On Asset | -0.0424 | ||||
| Profit Margin | (0.24) % | ||||
| Operating Margin | (0.02) % | ||||
| Current Valuation | 2 B | ||||
| Shares Outstanding | 287.25 M | ||||
| Shares Owned By Insiders | 2.22 % | ||||
| Shares Owned By Institutions | 36.00 % | ||||
| Number Of Shares Shorted | 19.93 M | ||||
| Price To Book | 1.59 X | ||||
| Price To Sales | 3.79 X | ||||
| Revenue | 584.32 M | ||||
| Gross Profit | 140.6 M | ||||
| EBITDA | 79.27 M | ||||
| Net Income | (137.59 M) | ||||
| Cash And Equivalents | 162.59 M | ||||
| Cash Per Share | 0.61 X | ||||
| Total Debt | 255.2 M | ||||
| Debt To Equity | 0.19 % | ||||
| Current Ratio | 1.88 X | ||||
| Book Value Per Share | 4.73 X | ||||
| Cash Flow From Operations | 48.39 M | ||||
| Short Ratio | 2.52 X | ||||
| Earnings Per Share | (0.48) X | ||||
| Target Price | 6.77 | ||||
| Beta | 1.37 | ||||
| Market Capitalization | 1.94 B | ||||
| Total Asset | 1.97 B | ||||
| Retained Earnings | (606.76 M) | ||||
| Working Capital | 188.92 M | ||||
| Current Asset | 104.78 M | ||||
| Current Liabilities | 89.2 M | ||||
| Annual Yield | 0 % | ||||
| Net Asset | 1.97 B | ||||
| Last Dividend Paid | 0.02 |
About First Majestic Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze First Majestic Silver's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of First Majestic using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of First Majestic Silver based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with First Majestic
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if First Majestic position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in First Majestic will appreciate offsetting losses from the drop in the long position's value.Moving together with First Stock
| 0.93 | AA | Alcoa Corp Financial Report 17th of July 2024 | PairCorr |
| 0.86 | TX | Ternium SA ADR Earnings Call Today | PairCorr |
| 0.75 | WS | Worthington Steel | PairCorr |
Moving against First Stock
| 0.85 | SID | Companhia Siderurgica Financial Report 1st of May 2024 | PairCorr |
| 0.66 | X | United States Steel Earnings Call This Week | PairCorr |
| 0.66 | PKX | POSCO Holdings Financial Report 25th of April 2024 | PairCorr |
| 0.6 | ZKIN | ZK International | PairCorr |
The ability to find closely correlated positions to First Majestic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Majestic when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back First Majestic - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling First Majestic Silver to buy it.
The correlation of First Majestic is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First Majestic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Majestic Silver moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for First Majestic can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out First Majestic Piotroski F Score and First Majestic Altman Z Score analysis. 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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Complementary Tools for First Stock analysis
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 0.02 | Earnings Share (0.48) | Revenue Per Share 2.032 | Quarterly Revenue Growth (0.08) |
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.