Taseko Mines Ltd

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TGB : AMEX : Basic Materials
$1.82 | %
Today's Range: 1.77 - 1.84
Avg. Daily Volume: 1010200.0
09/22/17 - 3:59 PM ET

Financial Analysis


TASEKO MINES LTD's gross profit margin for the second quarter of its fiscal year 2017 has significantly increased when compared to the same period a year ago. The company grew its sales and net income significantly quarter versus same quarter a year prior, and was able to outpace the average competitor in the industry when comparing revenue growth, but not when comparing net income growth. TASEKO MINES LTD has strong liquidity. Currently, the Quick Ratio is 1.96 which shows the ability to cover short-term cash needs. The company managed to increase its liquidity from the same period a year ago, despite already having strong liquidity to begin with. This would indicate improved cash flow.

At the same time, stockholders' equity ("net worth") has remained virtually unchanged only increasing by 4.82% from the same quarter last year. The key liquidity measurements indicate that the company is unlikely to face financial difficulties in the near future.

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Income Statement Q2 FY17 Q2 FY16
Net Sales ($mil)100.2955.31
EBITDA ($mil)44.03-6.95
EBIT ($mil)31.64-21.67
Net Income ($mil)5.25-19.38


Balance Sheet Q2 FY17 Q2 FY16
Cash & Equiv. ($mil)98.2690.89
Total Assets ($mil)985.57984.76
Total Debt ($mil)335.24376.58
Equity ($mil)361.94345.28


Profitability Q2 FY17 Q2 FY16
Gross Profit Margin46.62-5.32
EBITDA Margin43.89-12.56
Operating Margin31.55-39.17
Sales Turnover0.360.26
Return on Assets1.13-6.3
Return on Equity3.1-17.97
Debt Q2 FY17 Q2 FY16
Current Ratio2.992.62
Debt/Capital0.480.52
Interest Expense8.857.91
Interest Coverage3.58-2.74


Share Data Q2 FY17 Q2 FY16
Shares outstanding (mil)226.23221.83
Div / share0.00.0
EPS0.02-0.09
Book value / share1.61.56
Institutional Own % n/a n/a
Avg Daily Volume936561.0572841.0

Valuation


SELL. This stock's P/E ratio indicates a premium compared to an average of 40.62 for the Metals & Mining industry and a significant premium compared to the S&P 500 average of 24.88. Conducting a second comparison, its price-to-book ratio of 1.18 indicates a significant discount versus the S&P 500 average of 3.10 and a discount versus the industry average of 1.90. The price-to-sales ratio is well below both the S&P 500 average and the industry average, indicating a discount.


Price/Earnings
1 2 3 4 5
premium   discount
  Price/Cash Flow
1 2 3 4 5
premium   discount
TGB 47.25 Peers 40.62   TGB 2.31 Peers 11.98

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

TGB is trading at a premium to its peers.

 

Discount. 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.

TGB is trading at a significant discount to its peers.

 
Price/Projected
Earnings
1 2 3 4 5
premium   discount
  Price to
Earnings/Growth
1 2 3 4 5
premium   discount
TGB NA Peers 27.51   TGB NA Peers 0.62

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
TGB 1.18 Peers 1.90   TGB 114.28 Peers 1398.57

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.

TGB 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, TGB 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
TGB 1.20 Peers 3.07   TGB 39.27 Peers 23.20

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.

TGB 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.

TGB has a sales growth rate that significantly exceeds its peers.

 

 

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