Yamana Gold Inc.
AUY : NYSE : Basic Materials

$14.69 0.07 | 0.48%
Today's Range: 14.08 - 14.88
Avg. Daily Volume: 7,322,700
05/30/12 - 4:07 PM ET
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Financial Analysis


YAMANA GOLD INC's gross profit margin for the first quarter of its fiscal year 2012 is essentially unchanged when compared to the same period a year ago. The company managed to grow both sales and net income at a faster pace than the average competitor in its industry this quarter as compared to the same quarter a year ago.

During the same period, stockholders' equity ("net worth") has increased by 5.83% from the same quarter last year.



Income Statement Q1 FY12 Q1 FY11
Net Sales ($mil)559.75476.08
EBITDA ($mil)321.67285.06
EBIT ($mil)233.9204.55
Net Income ($mil)170.03148.25


Balance Sheet Q1 FY12 Q1 FY11
Cash & Equiv. ($mil)867.58460.43
Total Assets ($mil)11238.2110419.98
Total Debt ($mil)766.0485.48
Equity ($mil)7585.527167.1


Profitability Q1 FY12 Q1 FY11
Gross Profit Margin65.7367.0
EBITDA Margin57.4759.88
Operating Margin41.7942.97
Sales Turnover0.20.17
Return on Assets5.074.99
Return on Equity7.527.2
Debt Q1 FY12 Q1 FY11
Current Ratio2.822.84
Debt/Capital0.090.06
Interest Expense19.670.0
Interest Coverage11.890.0


Share Data Q1 FY12 Q1 FY11
Shares outstanding (mil)745.98744.86
Div / share0.060.03
EPS0.230.2
Book value / share10.179.62
Institutional Own % n/a n/a
Avg Daily Volume7351673.06683539.0

Valuation


BUY. YAMANA GOLD INC's P/E ratio indicates a premium compared to an average of 12.88 for the Metals & Mining industry and a premium compared to the S&P 500 average of 15.19. For additional comparison, its price-to-book ratio of 1.42 indicates a discount versus the S&P 500 average of 2.12 and a discount versus the industry average of 2.01. The price-to-sales ratio is well above the S&P 500 average, but well below the industry average.


Price/Earnings
1 2 3 4 5
premium   discount
  Price/Cash Flow
1 2 3 4 5
premium   discount
AUY 18.78 Peers 12.88   AUY 8.40 Peers 9.05

Premium. A higher P/E ratio than its peers can signify a more expensive stock or higher growth expectations.

AUY is trading at a significant premium to its peers.

 

Average. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.

AUY is trading at a valuation on par to its peers.

 
Price/Projected
Earnings
1 2 3 4 5
premium   discount
  Price to
Earnings/Growth
1 2 3 4 5
premium   discount
AUY NA Peers 10.13   AUY NA Peers 0.34

Neutral. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth potential.

Ratio not available.

 

Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.

Ratio not available.

 
Price/Book
1 2 3 4 5
premium   discount
  Earnings Growth
1 2 3 4 5
lower   higher
AUY 1.42 Peers 2.01   AUY 10.00 Peers 38.83

Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.

AUY is trading at a significant discount to its peers.

 

Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.

However, AUY is expected to significantly trail its peers on the basis of its earnings growth rate.

 
Price/Sales
1 2 3 4 5
premium   discount
  Sales Growth
1 2 3 4 5
premium   discount
AUY 4.78 Peers 14.55   AUY 24.24 Peers 22.03

Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.

AUY is trading at a significant discount to its industry on this measurement.

 

Higher. A sales growth rate that exceeds the industry implies that a company is gaining market share.

AUY has a sales growth rate that exceeds its peers.

 

 

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