In the fast-paced and highly competitive business world of today, conducting thorough company analysis is essential for investors and industry observers. In this article, we will conduct an extensive industry comparison, evaluating Coeur Mining (NYSE:CDE) in relation to its major competitors in the Metals & Mining industry. Through a detailed examination of key financial metrics, market standing, and growth prospects, our objective is to provide valuable insights and illuminate company's performance in the industry.

Coeur Mining Background

Coeur Mining Inc is a metals producer focused on mining precious minerals in the Americas. It is involved in the discovery and mining of gold and silver and generates the vast majority of revenue from the sale of these precious metals. The operating mines of the company are palmarejo, Rochester, Wharf, and Kensington. Its projects are located in the United States, Canada, and Mexico generating maximum revenue from United States.

Company P/E P/B P/S ROE EBITDA (in billions) Gross Profit (in billions) Revenue Growth
Coeur Mining Inc 18.78 5.57 5.30 6.71% $0.41 $0.39 120.94%
Newmont Corp 15.89 3.26 4.96 3.88% $3.94 $4.13 20.63%
Agnico Eagle Mines Ltd 21.68 3.89 8.12 6.31% $2.7 $2.2 60.27%
Barrick Mining Corp 13.30 2.46 3.92 9.31% $4.64 $3.29 64.53%
Wheaton Precious Metals Corp 37.89 6.41 24.09 6.65% $0.74 $0.66 127.25%
Anglogold Ashanti PLC 17.25 5.59 4.57 9.25% $1.14 $1.19 -27.6%
Kinross Gold Corp 14.88 4.05 5.04 10.97% $1.39 $1.24 42.89%
Pan American Silver Corp 20.10 3.10 5.43 6.63% $0.69 $0.57 44.66%
Royal Gold Inc 34.83 2.76 15.73 1.77% $0.24 $0.24 85.29%
Alamos Gold Inc 19.93 3.95 9.78 10.25% $0.61 $0.36 53.09%
Iamgold Corp 15.56 2.49 3.62 10.48% $0.7 $0.59 131.56%
Eldorado Gold Corp 13.63 1.60 3.90 5.75% $0.35 $0.3 32.46%
Triple Flag Precious Metals Corp 27.52 3.28 17.05 3.82% $0.11 $0.09 60.24%
OR Royalties Inc 31.90 4.55 23.71 4.61% $0.09 $0.08 59.43%
B2Gold Corp 14.96 1.57 2.03 4.93% $0.53 $0.55 110.88%
SSR Mining Inc 14.10 1.51 3.47 5.31% $0.24 $0.3 61.43%
Orla Mining Ltd 48.53 7.55 4.84 12.89% $0.2 $0.23 308.02%
Aris Mining Corp 42.63 2.49 3.60 3.95% $0.12 $0.17 104.24%
Centerra Gold Inc 5.96 1.65 2.52 9.64% $0.28 $0.16 32.8%
Average 22.81 3.45 8.13 7.02% $1.04 $0.91 76.23%

Through a meticulous analysis of Coeur Mining, we can observe the following trends:

  • The stock's Price to Earnings ratio of 18.78 is lower than the industry average by 0.82x, suggesting potential value in the eyes of market participants.

  • With a Price to Book ratio of 5.57, which is 1.61x the industry average, Coeur Mining might be considered overvalued in terms of its book value, as it is trading at a higher multiple compared to its industry peers.

  • The Price to Sales ratio is 5.3, which is 0.65x the industry average. This suggests a possible undervaluation based on sales performance.

  • The company has a lower Return on Equity (ROE) of 6.71%, which is 0.31% below the industry average. This indicates potential inefficiency in utilizing equity to generate profits, which could be attributed to various factors.

  • The Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of $410 Million is 0.39x below the industry average, suggesting potential lower profitability or financial challenges.

  • Compared to its industry, the company has lower gross profit of $390 Million, which indicates 0.43x below the industry average, potentially indicating lower revenue after accounting for production costs.

  • With a revenue growth of 120.94%, which surpasses the industry average of 76.23%, the company is demonstrating robust sales expansion and gaining market share.

Debt To Equity Ratio

debt to equity

The debt-to-equity (D/E) ratio gauges the extent to which a company has financed its operations through debt relative to equity.

Considering the debt-to-equity ratio in industry comparisons allows for a concise evaluation of a company's financial health and risk profile, aiding in informed decision-making.

In terms of the Debt-to-Equity ratio, Coeur Mining stands in comparison with its top 4 peers, leading to the following comparisons:

  • Among its top 4 peers, Coeur Mining has a stronger financial position with a lower debt-to-equity ratio of 0.11.

  • This indicates that the company relies less on debt financing and maintains a more favorable balance between debt and equity, which can be viewed positively by investors.

Key Takeaways

For Coeur Mining, the PE ratio is low compared to peers, indicating potential undervaluation. The high PB ratio suggests the market values the company's assets highly. A low PS ratio implies the stock may be undervalued based on sales. In terms of ROE, EBITDA, gross profit, and revenue growth, Coeur Mining lags behind its industry peers, indicating weaker financial performance and growth prospects.

This article was generated by Benzinga's automated content engine and reviewed by an editor.