Agnico Eagle Mines Limited (AEM) vs. Its Peers Head to Head Survey

Agnico Eagle Mines Limited (NYSE: AEM) is one of 68 publicly-traded companies in the “Gold Mining” industry, but how does it compare to its rivals? We will compare Agnico Eagle Mines Limited to related companies based on the strength of its earnings, valuation, risk, profitability, analyst recommendations, dividends and institutional ownership.

Institutional & Insider Ownership

58.0% of Agnico Eagle Mines Limited shares are owned by institutional investors. Comparatively, 43.6% of shares of all “Gold Mining” companies are owned by institutional investors. 0.5% of Agnico Eagle Mines Limited shares are owned by company insiders. Comparatively, 7.9% of shares of all “Gold Mining” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Volatility and Risk

Agnico Eagle Mines Limited has a beta of -0.72, suggesting that its share price is 172% less volatile than the S&P 500. Comparatively, Agnico Eagle Mines Limited’s rivals have a beta of -0.18, suggesting that their average share price is 118% less volatile than the S&P 500.

Profitability

This table compares Agnico Eagle Mines Limited and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Agnico Eagle Mines Limited 12.47% 5.61% 3.55%
Agnico Eagle Mines Limited Competitors -2,700.76% -9.25% -4.38%

Valuation and Earnings

This table compares Agnico Eagle Mines Limited and its rivals gross revenue, earnings per share (EPS) and valuation.

Gross Revenue NetIncome Price/Earnings Ratio
Agnico Eagle Mines Limited $2.14 billion $158.82 million 38.52
Agnico Eagle Mines Limited Competitors $2.41 billion -$32.21 million 165.99

Agnico Eagle Mines Limited’s rivals have higher revenue, but lower earnings than Agnico Eagle Mines Limited. Agnico Eagle Mines Limited is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Analyst Ratings

This is a breakdown of recent ratings for Agnico Eagle Mines Limited and its rivals, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Agnico Eagle Mines Limited 0 3 5 0 2.63
Agnico Eagle Mines Limited Competitors 484 1844 2173 49 2.39

Agnico Eagle Mines Limited currently has a consensus target price of $54.93, suggesting a potential upside of 21.87%. As a group, “Gold Mining” companies have a potential upside of 48.30%. Given Agnico Eagle Mines Limited’s rivals higher probable upside, analysts clearly believe Agnico Eagle Mines Limited has less favorable growth aspects than its rivals.

Dividends

Agnico Eagle Mines Limited pays an annual dividend of $0.40 per share and has a dividend yield of 0.9%. Agnico Eagle Mines Limited pays out 34.2% of its earnings in the form of a dividend. As a group, “Gold Mining” companies pay a dividend yield of 0.9% and pay out 47.4% of their earnings in the form of a dividend. Agnico Eagle Mines Limited has increased its dividend for 5 consecutive years.

Summary

Agnico Eagle Mines Limited beats its rivals on 8 of the 15 factors compared.

Agnico Eagle Mines Limited Company Profile

Agnico Eagle Mines Limited is a gold producer with mining operations in northwestern Quebec, northern Mexico, northern Finland and Nunavut and exploration activities in Canada, Europe, Latin America and the United States. The Company operates through three business units. The Northern Business consists of its operations in Canada and Finland. The Company’s Canadian properties include the LaRonde mine, the Lapa mine, the Goldex mine, the Meadowbank mine and the Meliadine project, and Canadian Malartic Mine. The operations in Finland include the Kittila mine. The Southern Business consists of its operations in Mexico. Its Pinos Altos mine includes the Creston Mascota deposit. The La India mine is owned by its indirect subsidiary. Its Exploration group focuses on the identification of new mineral reserves and mineral resources, and new development opportunities in gold producing regions. Its exploration activities are concentrated in Canada, Europe, Latin America and the United States.

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