Avino Silver (ASM) vs Hecla Mining Company (HL)

Avino Silver and Hecla Mining Company are both Other Precious Metals & Mining companies. Hecla Mining Company is the larger, with a market value of $12.1B against $1.0B — 11.7× the size. Avino Silver trades at the lower P/E: 21.2× against 36.4×. Hecla Mining Company grew revenue faster over the last twelve months: 89.8% against 47.9%. Avino Silver has the higher net margin (38.2% vs 19.1%) and the lower return on invested capital (21.8% vs 22.1%). Across the 21 metrics below, Hecla Mining Company leads on 11 and Avino Silver on 10.

Valuation

Metric ASM HL Other Precious Metals & Mining median
P/E 21.21 36.38 18.01
P/S 8.57 7.00 7.00
P/B 3.57 4.56 2.46
Price to free cash flow 58.81 25.14 58.16
EV/EBITDA 15.38 12.35 12.47
EV/Sales 7.39 6.74 5.74
Earnings yield 4.71% 2.75% 2.75%
Free cash flow yield 1.70% 3.98% 0.51%

Profitability

Metric ASM HL Other Precious Metals & Mining median
Gross margin 54.44% 51.99% 39.51%
Operating margin 42.31% 44.62% 25.20%
Net margin 38.18% 19.12% 5.02%
Free cash flow margin 14.58% 27.83% 2.55%
Return on equity 21.05% 13.37% 13.37%
Return on assets 18.09% 10.27% 3.84%
Return on invested capital 21.80% 22.11% 5.28%

Growth

Metric ASM HL Other Precious Metals & Mining median
Revenue growth (TTM) 47.93% 89.76% 54.39%
EPS growth (last fiscal year) 183.33% 716.67% —
Revenue growth, 5-year CAGR 41.91% 15.51% 20.68%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric ASM HL Other Precious Metals & Mining median
Debt to equity 0.02 0.00 0.00
Current ratio 5.85 5.20 5.20
Net debt to EBITDA (2.50) (0.05) 0.28

Dividend

Metric ASM HL Other Precious Metals & Mining median
Dividend yield — 0.84% 1.64%
Payout ratio 0.00 1.17 0.00

Size

Metric ASM HL Other Precious Metals & Mining median
Market cap 1.03b 12.06b 1.03b

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