Silver · NYSE
Current Price
$18.95
Intrinsic Value
Use the calculator below to estimate
Run a full DCF analysis on First Majestic Silver Corp. with auto-filled fundamentals, adjustable assumptions, and sensitivity heatmap.
First Majestic Silver Corp. engages in the acquisition, exploration, development, and production of mineral properties with a focus on silver and gold production in North America. It holds 100% interests in the San Dimas Silver/Gold Mine covering an area of 71,868 hectares located in Durango and Sinaloa states; the Santa Elena Silver/Gold Mine covering an area of 102,244 hectares located in Sonora; Jerritt Canyon gold mine that covers an area of approximately of 30,821 hectares located in Elko County, Nevada; and the La Encantada Silver Mine covering an area of 4,076 hectares situated in Coahuila, as well as surface land ownership of 1,343 hectares. The company also holds 100% interests in the La Parrilla Silver Mine that covers an area of 69,478 hectares located in Durango; the Del Toro Silver Mine consisting of 3,815 hectares of mining concessions and 219 hectares of surface rights located in Zacatecas; the San Martin Silver Mine includes 33 mining concessions covering an area of 12,795 hectares located in Jalisco; and the La Guitarra Silver Mine that covers an area of 39,714 hectares located in Mexico. In addition, it holds interest in the Springpole project, a gold and silver project covering an area of approximately 41,913 hectares in Ontario, Canada. The company was formerly known as First Majestic Resource Corp. and changed its name to First Majestic Silver Corp. in November 2006. First Majestic Silver Corp. was incorporated in 1979 and is headquartered in Vancouver, Canada.
ROIC (TTM)
4.6%
ROE (TTM)
6.8%
FCF Yield
3.76%
Based on trailing twelve-month data, AG shows a free cash flow per share of N/A and a ROIC of 4.6%, key inputs for stock valuation using the DCF method. The P/FCF ratio of N/A and FCF yield of 3.76% are important context metrics when evaluating AG's stock valuation relative to peers.
The intrinsic value of AG depends on assumptions about future growth rate, discount rate (WACC), and terminal value. A DCF model discounts projected free cash flows back to present value — small changes in WACC can shift the estimate by 20% or more, which is why sensitivity analysis is essential.
Whether AG is undervalued depends on comparing the DCF-derived intrinsic value to the current market price of $18.95. A positive margin of safety (intrinsic value above market price) suggests potential undervaluation, but the degree of confidence depends on the reliability of your growth and discount rate assumptions.
To perform a DCF valuation on First Majestic Silver Corp.: (1) Start with the trailing free cash flow per share as the base, (2) project future FCF growth over 5-10 years based on Silver industry trends and company fundamentals, (3) apply a discount rate (WACC) reflecting AG's risk profile, and (4) add a terminal value for cash flows beyond the projection period.
DCF (Discounted Cash Flow) estimates what a company is worth today based on its future cash generation. For First Majestic Silver Corp., this means projecting how much free cash flow the Silver will produce over the next 5-10 years, then discounting those amounts to today's dollars. AG's ROIC of 4.6% suggests the company may face challenges generating returns above its cost of capital.
WACC (Weighted Average Cost of Capital) is the discount rate in a DCF model — it reflects the minimum return investors require. For AG, the capital structure and equity risk premium determine WACC. A 1% increase in WACC typically reduces the intrinsic value by 10-15%.
