Agnico Net Income

AEM
 Stock
  

USD 51.77  0.40  0.77%   

Agnico Eagle Mines fundamentals help investors to digest information that contributes to Agnico Eagle's financial success or failures. It also enables traders to predict the movement of Agnico Stock. The fundamental analysis module provides a way to measure Agnico Eagle's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Agnico Eagle stock.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  
Agnico Eagle Net Income is relatively stable at the moment as compared to the past year. The company's current value of Net Income is estimated at 585.88 Million. Net Income Common Stock is expected to hike to about 585.9 M this year, although the value of Net Income to Non Controlling Interests will most likely fall to (58.3 K).

Agnico Net Income Analysis

Agnico Eagle's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Agnico Eagle Net Income

585.88 Million

Net Income 
 = 
(Rev + Gain) 
-  
(Exp + Loss) 
More About Net Income | All Equity Analysis

Current Agnico Eagle Net Income

    
  543.01 M  
Most of Agnico Eagle's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Agnico Eagle Mines is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Agnico Net Income Historical Pattern

Today, most investors in Agnico Eagle Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Agnico Eagle's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's net income growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Agnico Eagle net income as a starting point in their analysis.
   Agnico Eagle Net Income   
Share
       Timeline  
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Compare to competition

Agnico Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

39.86 Million

Agnico Eagle Accumulated Other Comprehensive Income is relatively stable at the moment as compared to the past year. The company's current value of Accumulated Other Comprehensive Income is estimated at 39.86 Million
Based on the recorded statements, Agnico Eagle Mines reported net income of 543.01 M. This is 4612.14% lower than that of the Metals & Mining sector and notably lower than that of the Materials industry. The net income for all United States stocks is 4.9% higher than that of the company.

Agnico Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Agnico Eagle's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Agnico Eagle could also be used in its relative valuation, which is a method of valuing Agnico Eagle by comparing valuation metrics of similar companies.
Agnico Eagle is currently under evaluation in net income category among related companies.

Agnico Eagle Current Valuation Drivers

We derive many important indicators used in calculating different scores of Agnico Eagle from analyzing Agnico Eagle's financial statements. These drivers represent accounts that assess Agnico Eagle's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Agnico Eagle's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Average Assets7.71 B8.09 B8.28 B9.39 B9.93 B9.4 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA926.96 M391.45 M1.39 B1.49 B1.73 B1.87 B
Earnings Before Interest Taxes and Depreciation Amortization USD926.96 M391.45 M1.39 B1.49 B1.73 B1.87 B
Earnings before Tax339.29 M(259.05 M)738.74 M767.57 M903.41 M974.73 M
Average Equity4.87 B4.84 B4.78 B5.36 B5.86 B5.63 B
Enterprise Value10.93 B10.6 B15.99 B18.26 B14.38 B13.46 B
Free Cash Flow(106.6 M)(448.2 M)2.72 M433.65 M451.01 M486.61 M
Invested Capital7.58 B8.5 B9.13 B9.97 B10.56 B9.86 B
Invested Capital Average7.15 B8.22 B8.79 B9.9 B10.3 B9.67 B
Market Capitalization10.41 B9.4 B14.44 B16.9 B12.93 B12.13 B
Tangible Asset Value7.17 B7.45 B8.38 B9.21 B9.81 B9.11 B
Working Capital1.13 B711 M326.69 M731.49 M540.58 M658.23 M

Agnico Eagle ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Agnico Eagle's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Agnico Eagle's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

Agnico Eagle Institutional Holders

Institutional Holdings refers to the ownership stake in Agnico Eagle that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Agnico Eagle's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Agnico Eagle's value.
Security TypeSharesValue
Zweigdimenna Associates LlcCommon Shares51.4 K2.2 M
Zweigdimenna Associates LlcCommon Shares51.4 K2.4 M
Zweigdimenna Associates LlcCommon Shares145.5 K8.9 M
Zurich Insurance Group LtdCommon Shares17.1 K584 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares140.9 KM
Zurcher Kantonalbank Zurich CantonalbankCommon Shares148.1 K6.8 M
Zurcher Kantonalbank Zurich CantonalbankCommon Shares154.5 K9.5 M

Agnico Fundamentals

About Agnico Eagle Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Agnico Eagle Mines's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Agnico Eagle using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Agnico Eagle Mines based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2022
Net Income543 M585.9 M
Net Income Common Stock543 M585.9 M
Net Income to Non Controlling Interests-54 K-58.3 K
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Agnico Eagle in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Agnico Eagle's short interest history, or implied volatility extrapolated from Agnico Eagle options trading.

Pair Trading with Agnico Eagle

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Agnico Eagle position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Agnico Eagle will appreciate offsetting losses from the drop in the long position's value.

Moving together with Agnico Eagle

+0.92EGOEldorado Gold Corp Aggressive PushPairCorr
+0.84VALEVale SA ADR Potential GrowthPairCorr
+0.81JPMJPMorgan Chase Fiscal Year End 13th of January 2023 PairCorr
+0.74BABoeing TrendingPairCorr
The ability to find closely correlated positions to Agnico Eagle could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Agnico Eagle when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Agnico Eagle - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Agnico Eagle Mines to buy it.
The correlation of Agnico Eagle is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Agnico Eagle moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Agnico Eagle Mines moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Agnico Eagle can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to Agnico Eagle Piotroski F Score and Agnico Eagle Altman Z Score analysis. Note that the Agnico Eagle Mines information on this page should be used as a complementary analysis to other Agnico Eagle's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

Complementary Tools for Agnico Stock analysis

When running Agnico Eagle Mines price analysis, check to measure Agnico Eagle's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Agnico Eagle is operating at the current time. Most of Agnico Eagle's value examination focuses on studying past and present price action to predict the probability of Agnico Eagle's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Agnico Eagle's price. Additionally, you may evaluate how the addition of Agnico Eagle to your portfolios can decrease your overall portfolio volatility.
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Go
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Go
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Go
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Go
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Go
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Go
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Go
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Go
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
Is Agnico Eagle's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Agnico Eagle. If investors know Agnico will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Agnico Eagle listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
(0.64) 
Market Capitalization
23.1 B
Quarterly Revenue Growth YOY
0.47
Return On Assets
0.0515
Return On Equity
0.0497
The market value of Agnico Eagle Mines is measured differently than its book value, which is the value of Agnico that is recorded on the company's balance sheet. Investors also form their own opinion of Agnico Eagle's value that differs from its market value or its book value, called intrinsic value, which is Agnico Eagle's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Agnico Eagle's market value can be influenced by many factors that don't directly affect Agnico Eagle's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Agnico Eagle's value and its price as these two are different measures arrived at by different means. Investors typically determine Agnico Eagle value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agnico Eagle's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.