Stock Analysis
First Majestic Silver Corp.AG
P/E 47.76×· 5Y range 44.90–95.62×· bottom 6% of history
Sector: Basic Materials · Industry: Silver
AnalystsStrong Buy13 analystsP/E 47.8× sits at the 6th percentile of its 5.065023956194388-year history.
Cash covers 377% of debt · FY 2025.
PMP Verdict
Mixed fundamentals, cheap valuation
Strengths
- Financial Health78
- Quality71
Risks
- Growth50
Mixed business trading cheap — priced for skepticism.
Bull Case
- ✓Altman Z 3.6 — safe-zone balance sheet
- ✓Revenue CAGR 21.1% — durable top-line growth
- ✓P/E 47.8× at bottom 6% of 5-year history
What's happening with AG
Profile
Strong financial health; moat lags behind.
How is each axis scored?
- Valuation69/100 · Moderate
- P/E vs own history (6th pct)25/25
- FCF yield (7.9%)20/25
- P/S (6.2x)12/25
- EV/EBIT (18.8x)12/25
- Growth50/100 · Moderate
- Revenue CAGR (21.1%)25/25
- Net income CAGR (n/a)0/25
- EPS CAGR 5Y (n/a)0/25
- Fwd implied growth (109.8%)25/25
- Profitability62/100 · Moderate
- ROIC (11.8%)12/25
- ROE (4.9%)5/25
- Net margin (13.1%)20/25
- Operating margin (29.2%)25/25
- Financial Health78/100 · Strong
- Altman Z (3.61)25/25
- Current ratio (2.57)25/25
- Interest coverage (0.1x)3/25
- Net cash / debt (Net cash)25/25
- Quality71/100 · Moderate
- Piotroski F (6/9)15/25
- Beneish M (-2.59)25/25
- FCF conversion (372%)25/25
- Margin stability (σ 17.7%)6/25
- Moat23/100 · Weak
- ROIC >12% years (0/5 yrs)0/25
- Median gross margin (34.3%)13/25
- FCF-positive years (3/5 yrs)10/25
- Worst-year net margin (worst -23.5%)0/25
Risk Flags
- ⚠4 loss-making years in recent history
- ⚠Interest coverage 0.1× — thin debt cushion
About First Majestic Silver Corp.
First Majestic Silver Corp is in the business of production, development, exploration, and acquisition of mineral properties with a focus on silver and gold production in North America. Show more
The company owns four producing mines in Mexico, consisting of the Santa Elena Silver/Gold Mine, the San Dimas Silver/Gold Mine, the Los Gatos Silver Mine, and the La Encantada Silver Mine. It also owns the Jerritt Canyon Gold Mine in Nevada, USA. Additionally, the firm holds interests in the San Martin Silver Mine and the Del Toro Silver Mine, and several exploration-stage projects. The majority of the company's revenues are from the sale of precious metals contained in dore and concentrate form. It generates maximum revenue from the sale of silver, followed by gold, zinc, copper, and other metals.
Employees: 5,535 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
69BP/E (TTM)47.3xD
Grade D: ExpensivePrice / TTM EPS (own statements) — vs own 5Y history: 44.9x–95.6x · 6th pct
P/FCF12.3xA
Grade A: CheapPrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield7.9%A
Grade A: ValueTTM (OCF − CapEx) / Market Cap — vs own 5Y history: -11.1%–12.2% · 90th pct
P/S (TTM)6.20xC
Grade C: ExpensivePrice / TTM Revenue (own statements) — vs own 5Y history: 2.0x–15.4x · 72nd pct
EV/EBIT18.8xC
Grade C: ExpensiveEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: 17.7x–1434.5x · 1st pct
EV/Sales4.1xB
Grade B: FairEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E22.6xB
Grade B: FairPrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio2.31xA
Grade A: FairPrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio—
Finnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield0.23%A
Grade A: PaysTTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio5.0%A
Grade A: SafeDividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
62BROIC11.8%C
Grade C: AverageNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE4.9%D
Grade D: WeakReturn on Equity. Neg. equity = heavy buybacks
ROA7.4%C
Grade C: AverageReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin13.1%A
Grade A: HighNet Income / Revenue
Operating Margin29.2%A
Grade A: HighTTM EBIT / TTM Revenue
Gross Margin55.2%A
Grade A: PremiumGross Profit / Revenue
FCF Margin48.8%A
Grade A: HighFCF / Revenue
True FCF Margin47.8%A
Grade A: HighTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
50CRevenue CAGR21.1%A
Grade A: HighCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR—
Compound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)—
Compound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth109.8%A
Grade A: HighAnalyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)—
Share count change over 5Y
SBC / Net Income7.7%A
Grade A: LowStock-based comp/Net income. >30% = dilution risk
SBC / Revenue1.0%A
Grade A: LowTTM stock-based comp / TTM Revenue
Financial Health
78B+Altman Z-Score3.61A
Grade A: SafeBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio2.57xA
Grade A: HighCurrent Assets/Liabilities
Quick Ratio2.33xA
Grade A: High(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage0.1xD
Grade D: RiskyEBIT/Interest. >10 Strong
Debt RepaymentNet CashA
Grade A: FastYears to repay net debt via FCF
Net Debt/EBITNet CashA
Grade A: LowLeverage. <2x Low, >4x High
Debt/Equity0.10xA
Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt3.77xA
Grade A: CoveredCash covers how much of total debt. >1 = could repay all debt from cash
Quality
71B+Piotroski F-Score6/9C
Grade C: AverageFinancial strength 0–9. >7 Strong
Beneish M-Score-2.59A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion372.3%A
Grade A: StrongFCF / Net Income
Margin Stability17.7%D
Grade D: VolatileEBIT margin std deviation. Lower = stable
Capex / Revenue16.8%D
Grade D: HeavyTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.35xD
Grade D: LowRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
23EROIC >12% Years0/5 yrsD
Grade D: WeakShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)34.3%C
Grade C: ModerateMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years3/5 yrsD
Grade D: WeakShare of completed fiscal years with positive free cash flow
Net Margin Floor-23.5%D
Grade D: WeakWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$0.33
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$2.52
Cash & short-term investments per share (Finnhub)
Book Value / Share$6.02
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$331.15M
Total debt obligations (short + long term)
Cash & Equiv.$1.25B
Cash and short-term investments
Net Debt$-917.29MA
Grade A: Net CashTotal Debt minus Cash. Negative = Net Cash position
Total Equity$3.37B
Shareholders' equity (book value)
Asset / Liability3.16xA
Grade A: SolidTotal Assets / Total Liabilities
Market
Market Cap$7.80B
Current Market Capitalization
Beta5.43D
Grade D: High volatilityPrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Dec 2025 · Ratio snapshot Oct 17, 2026
Key Insights: First Majestic Silver Corp. (AG)
AG is down 0.68% at the last close. Piotroski F-Score of 6/9 indicates mixed fundamentals for First Majestic Silver Corp.. Altman Z-Score of 3.61 sits comfortably in the safe zone (≥ 2.99), indicating low bankruptcy risk. Beneish M-Score of -2.59 suggests a low likelihood of earnings manipulation. Revenue has compounded at roughly 21% annually — a strong growth profile.
- First Majestic Silver Corp. converts about 49% of revenue into free cash flow — strong cash generation.
- Company is effectively debt-free after netting cash.
- Interest coverage of 0.1× leaves little room for earnings shocks.
- First Majestic Silver Corp. posted a net loss in 4 of 5 available completed fiscal years (2021–2025).
See how AG ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all AG moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 15 | After-hours | 16.07 | +5.38% | 2.08 |
| Oct 14 | Regular | 15.18 | -7.07% | -2.07 |
Frequently Asked Questions about AG
What is the current First Majestic Silver Corp. (AG) stock price?
AG is trading at $15.98 at the last market close, down 0.68% on the session. PreMarketPrice tracks AG pre-market, intraday and after-hours prices.
Is AG stock a buy right now?
PreMarketPrice's quantitative model rates First Majestic Silver Corp.'s financial health at 78/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is AG stock overvalued?
First Majestic Silver Corp. trades at a trailing P/E of 47.3 and our valuation score rates it 69/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does First Majestic Silver Corp. report earnings?
No confirmed earnings date is currently scheduled for AG. The Earnings section lists recent reports and updates as dates are announced.
What sector does First Majestic Silver Corp. operate in?
First Majestic Silver Corp. operates in the Basic Materials sector, within the Silver industry. The Related Stocks section lists sector peers for comparison.
What does First Majestic Silver Corp. do?
First Majestic Silver Corp is in the business of production, development, exploration, and acquisition of mineral properties with a focus on silver and gold production in North America.
About First Majestic Silver Corp. (AG) Stock
First Majestic Silver Corp. (AG) is a US-listed stock operating in the Basic Materials sector, specifically the Silver industry. As of the latest update, First Majestic Silver Corp. is trading at $15.98, down 0.68% on the day with a market capitalization of $7.8 billion. The financial health score for AG is 78/100, which indicates excellent financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for AG stock.
AG Stock Analysis & Key Metrics
On PreMarketPrice, you can track First Majestic Silver Corp. (AG) across multiple dimensions:
- Pre-market price & movement: Real-time AG stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for AG with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for First Majestic Silver Corp. across multiple reporting periods.
- Financial health score: A composite score of 78/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for AG.
- Sector peers: Compare AG against 4 other basic materials stocks on key financial metrics.
Is AG a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate First Majestic Silver Corp. (AG) as an investment. The financial health score of 78/100 suggests excellent financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.First Majestic Silver Corp. (AG) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.