Financials Hudbay Minerals Inc.

Equities

HBM

CA4436281022

Specialty Mining & Metals

Market Closed - Toronto S.E. 04:00:00 2024-05-28 pm EDT 5-day change 1st Jan Change
13.66 CAD +1.71% Intraday chart for Hudbay Minerals Inc. -2.29% +87.38%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,081 1,828 1,895 1,321 1,919 3,874 - -
Enterprise Value (EV) 1 1,670 2,588 2,882 2,280 2,956 4,673 4,520 4,111
P/E ratio -3.14 x -12.7 x -7.79 x 18.7 x 25 x 24 x 13.1 x 18.7 x
Yield 0.36% 0.29% 0.22% 0.29% 0.27% 0.16% 0.15% 0.2%
Capitalization / Revenue 0.87 x 1.67 x 1.26 x 0.9 x 1.14 x 1.9 x 1.85 x 1.93 x
EV / Revenue 1.35 x 2.37 x 1.92 x 1.56 x 1.75 x 2.3 x 2.15 x 2.04 x
EV / EBITDA 4.39 x 8.44 x 5.27 x 4.79 x 4.56 x 5.51 x 4.57 x 4.68 x
EV / FCF 32.3 x -21.3 x 452 x 12.7 x 15.1 x 15.9 x 14.3 x 12.4 x
FCF Yield 3.09% -4.7% 0.22% 7.85% 6.62% 6.28% 6.98% 8.05%
Price to Book 0.59 x 1.08 x 1.28 x 0.84 x - - - -
Nbr of stocks (in thousands) 261,272 261,272 261,525 261,903 348,908 393,423 - -
Reference price 2 4.139 6.995 7.245 5.044 5.499 10.02 10.02 10.02
Announcement Date 2/20/20 2/18/21 2/23/22 2/23/23 2/23/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,237 1,092 1,502 1,461 1,690 2,036 2,099 2,011
EBITDA 1 380.1 306.7 547.1 475.9 647.8 848 989.9 878.4
EBIT 1 33.48 -37.19 189 138.3 256.1 398.5 592 541.8
Operating Margin 2.71% -3.4% 12.58% 9.46% 15.15% 19.57% 28.21% 26.94%
Earnings before Tax (EBT) 1 -452.8 -179.1 -202.8 95.8 151.8 317 492 333.5
Net income 1 -343.8 -144.6 -244.4 70.38 66.37 131.2 265.9 192.2
Net margin -27.78% -13.24% -16.27% 4.82% 3.93% 6.45% 12.67% 9.56%
EPS 2 -1.320 -0.5500 -0.9300 0.2700 0.2200 0.4175 0.7620 0.5350
Free Cash Flow 1 51.65 -121.7 6.383 178.8 195.8 293.5 315.4 330.9
FCF margin 4.17% -11.14% 0.42% 12.24% 11.58% 14.42% 15.03% 16.45%
FCF Conversion (EBITDA) 13.59% - 1.17% 37.58% 30.22% 34.61% 31.86% 37.67%
FCF Conversion (Net income) - - - 254.1% 294.95% 223.65% 118.58% 172.15%
Dividend per Share 2 0.0151 0.0200 0.0157 0.0147 0.0148 0.0162 0.0150 0.0200
Announcement Date 2/20/20 2/18/21 2/23/22 2/23/23 2/23/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 425.2 378.6 415.5 346.2 321.2 295.2 312.2 480.5 602.2 525 495.2 486.3 508.3 - -
EBITDA 1 180.3 110.2 141.4 99.3 124.7 101.9 81.2 190.7 274.4 214.2 181 189.3 224.6 261.4 274.1
EBIT 1 90 29.1 54.1 9.5 45.3 34.5 -7.5 76.9 152.5 104.9 103.1 100.4 113.8 - -
Operating Margin 21.17% 7.69% 13.02% 2.74% 14.1% 11.69% -2.4% 16.01% 25.32% 19.98% 20.82% 20.65% 22.38% - -
Earnings before Tax (EBT) - - - - - - - - - - - - - - -
Net income 1 -10.45 63.82 32.14 -8.135 -17.44 5.457 -14.93 45.5 30.72 18.54 29.75 30.09 36.86 - -
Net margin -2.46% 16.85% 7.74% -2.35% -5.43% 1.85% -4.78% 9.47% 5.1% 3.53% 6.01% 6.19% 7.25% - -
EPS 2 -0.0400 0.2400 0.1200 -0.0300 -0.0700 0.0200 -0.0500 0.1300 0.1000 0.0500 0.1033 0.1133 0.1667 0.2300 0.2167
Dividend per Share - - - - - - - - - - - - - - -
Announcement Date 2/23/22 5/9/22 8/8/22 11/2/22 2/23/23 5/8/23 8/8/23 11/8/23 2/23/24 5/14/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 589 760 987 958 1,038 799 646 237
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.55 x 2.478 x 1.805 x 2.014 x 1.602 x 0.9418 x 0.6525 x 0.2696 x
Free Cash Flow 1 51.7 -122 6.38 179 196 294 315 331
ROE (net income / shareholders' equity) -17.1% -8.15% 1.45% 1.73% 3.62% 8.15% 11.5% 6.1%
ROA (Net income/ Total Assets) -7.52% - - - - - - -
Assets 1 4,572 - - - - - - -
Book Value Per Share 7.070 6.510 5.650 6.000 - - - -
Cash Flow per Share 2 1.180 0.9300 1.850 1.490 1.830 1.770 2.040 2.070
Capex 1 259 361 377 309 281 346 510 657
Capex / Sales 20.95% 33.06% 25.13% 21.14% 16.63% 16.97% 24.31% 32.66%
Announcement Date 2/20/20 2/18/21 2/23/22 2/23/23 2/23/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
14
Last Close Price
10.02 USD
Average target price
10.71 USD
Spread / Average Target
+6.97%
Consensus
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