Aya Gold & Silver (TSE:AYA) Shareholders Will Want The ROCE Trajectory To Continue
Oct 20
Canadian (TSX) Silver Industry Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies33
- 7D-1.6%
- 3M-12.2%
- 1Y-16.0%
- YTD-24.3%
Over the last 7 days, the Silver industry has dropped 1.6%, driven by Endeavour Silver declining 3.7%. However, the industry is down 16% over the past year. Looking forward, earnings are forecast to grow by 143% annually.
Industry Valuation and Performance
Has the Canadian Silver Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 30 Oct 2023 | CA$16.4b | CA$5.0b | -CA$1,019,050,275.00 | 36.5x | -16.1x | 3.2x |
| Wed, 27 Sep 2023 | CA$15.3b | CA$4.9b | -CA$1,003,289,081.00 | 36.1x | -15.2x | 3.1x |
| Fri, 25 Aug 2023 | CA$17.3b | CA$4.9b | -CA$1,087,008,909.00 | 42x | -15.9x | 3.5x |
| Sun, 23 Jul 2023 | CA$18.2b | CA$4.4b | -CA$1,367,639,593.00 | 59x | -13.3x | 4.1x |
| Tue, 20 Jun 2023 | CA$16.7b | CA$4.4b | -CA$1,366,473,424.00 | 62.5x | -12.2x | 3.8x |
| Thu, 18 May 2023 | CA$18.4b | CA$4.5b | -CA$1,383,845,570.00 | 61.9x | -13.3x | 4x |
| Sat, 15 Apr 2023 | CA$21.3b | CA$4.6b | -CA$1,136,667,527.00 | 80.8x | -18.7x | 4.6x |
| Mon, 13 Mar 2023 | CA$14.4b | CA$4.8b | -CA$918,449,581.00 | 32.3x | -15.7x | 3x |
| Wed, 08 Feb 2023 | CA$15.8b | CA$4.8b | -CA$648,544,739.00 | 40.8x | -24.4x | 3.3x |
| Fri, 06 Jan 2023 | CA$17.0b | CA$4.8b | -CA$651,745,288.00 | 46.4x | -26.1x | 3.5x |
| Sun, 04 Dec 2022 | CA$17.0b | CA$4.8b | -CA$650,636,561.00 | 30.3x | -26.1x | 3.6x |
| Tue, 01 Nov 2022 | CA$14.9b | CA$5.0b | -CA$505,354,149.00 | 18.6x | -29.4x | 3x |
| Thu, 29 Sep 2022 | CA$13.6b | CA$5.0b | -CA$513,872,570.00 | 15.5x | -26.5x | 2.7x |
| Sat, 27 Aug 2022 | CA$14.0b | CA$4.7b | -CA$436,877,567.00 | 16.3x | -32x | 3x |
| Mon, 25 Jul 2022 | CA$14.1b | CA$4.7b | CA$170.5m | 21.9x | 82.5x | 3x |
| Wed, 22 Jun 2022 | CA$16.8b | CA$4.7b | CA$173.4m | 24.8x | 96.9x | 3.6x |
| Fri, 20 May 2022 | CA$15.7b | CA$4.7b | CA$215.7m | 32.9x | 72.6x | 3.3x |
| Sun, 17 Apr 2022 | CA$22.9b | CA$4.4b | CA$169.5m | 64.5x | 135x | 5.3x |
| Tue, 15 Mar 2022 | CA$21.2b | CA$4.4b | CA$167.7m | 56.4x | 126.4x | 4.9x |
| Thu, 10 Feb 2022 | CA$18.3b | CA$4.3b | CA$443.3m | 30.3x | 41.2x | 4.3x |
| Sat, 08 Jan 2022 | CA$17.9b | CA$4.2b | CA$450.6m | 28.9x | 39.8x | 4.2x |
| Mon, 06 Dec 2021 | CA$18.8b | CA$4.3b | CA$513.6m | 20.3x | 36.6x | 4.4x |
| Wed, 03 Nov 2021 | CA$19.1b | CA$3.8b | CA$591.0m | 20.4x | 32.3x | 5.1x |
| Fri, 01 Oct 2021 | CA$16.9b | CA$3.8b | CA$606.7m | 17.1x | 27.9x | 4.4x |
| Sun, 29 Aug 2021 | CA$19.1b | CA$3.7b | CA$589.6m | 19.4x | 32.4x | 5.1x |
| Mon, 05 Jul 2021 | CA$21.3b | CA$3.7b | CA$589.6m | 24.4x | 36.2x | 5.7x |
| Thu, 08 Apr 2021 | CA$20.4b | CA$3.3b | CA$471.3m | 26.6x | 43.2x | 6.2x |
| Sun, 10 Jan 2021 | CA$22.5b | CA$3.0b | CA$211.0m | 67x | 106.7x | 7.6x |
Price to Earnings Ratio
-282.4x
Current Industry PE
- Investors are pessimistic on the Canadian Silver industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 4.6x is higher than the industry's current PS ratio of 3.2x.
Past Earnings Growth
- The earnings for companies in the Silver industry have deteriorated over the last three years.
- Meanwhile revenues for these companies have grown 20% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has caused losses to expand.
Industry Comparison
How does Canadian Silver compare with similar industries?
| CA Market | -1.70% | |
| Materials | -1.65% | |
| Metals and Mining | -1.26% | |
| Silver | -1.62% | |
| Steel | 4.09% | |
| Aluminum | 0% | |
| Gold | -0.13% | |
| Precious Metals and Minerals | -1.00% | |
| Diversified Metals and Mining | -2.95% | |
| Copper | -4.04% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| PAAS Pan American Silver | CA$20.96 | 0.8% +CA$58.3m | -3.6% | PS3.2x | |
| AYA Aya Gold & Silver | CA$7.61 | 3.0% +CA$26.9m | -3.7% | PE232.1x | |
| FR First Majestic Silver | CA$7.58 | 1.1% +CA$23.0m | -33.9% | PS2.6x | |
| APM Andean Precious Metals | CA$0.61 | 7.0% +CA$6.3m | -16.4% | PS0.8x | |
| RSMX Regency Silver | CA$0.23 | 23.7% +CA$4.0m | 38.2% | PB3.3x |
