Avino Silver (ASM) vs McEwen Inc. (MUX)

Avino Silver and McEwen Inc. are both Other Precious Metals & Mining companies. McEwen Inc. is the larger, with a market value of $1.1B against $1.0B — 1.1× the size. McEwen Inc. trades at the lower P/E: 13.9× against 21.2×. Avino Silver grew revenue faster over the last twelve months: 47.9% against 47.7%. Avino Silver has the higher net margin (38.2% vs 32.5%) and the higher return on invested capital (21.8% vs 5.28%). Across the 21 metrics below, Avino Silver leads on 15 and McEwen Inc. on 6.

Valuation

Metric ASM MUX Other Precious Metals & Mining median
P/E 21.21 13.88 18.01
P/S 8.57 4.59 7.00
P/B 3.57 1.61 2.46
Price to free cash flow 58.81 180.05 58.16
EV/EBITDA 15.38 12.70 12.47
EV/Sales 7.39 4.73 5.74
Earnings yield 4.71% 7.20% 2.75%
Free cash flow yield 1.70% 0.56% 0.51%

Profitability

Metric ASM MUX Other Precious Metals & Mining median
Gross margin 54.44% 30.91% 39.51%
Operating margin 42.31% 25.20% 25.20%
Net margin 38.18% 32.46% 5.02%
Free cash flow margin 14.58% 2.55% 2.55%
Return on equity 21.05% 13.54% 13.37%
Return on assets 18.09% 9.34% 3.84%
Return on invested capital 21.80% 5.28% 5.28%

Growth

Metric ASM MUX Other Precious Metals & Mining median
Revenue growth (TTM) 47.93% 47.73% 54.39%
EPS growth (last fiscal year) 183.33% 168.60% —
Revenue growth, 5-year CAGR 41.91% 13.52% 20.68%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric ASM MUX Other Precious Metals & Mining median
Debt to equity 0.02 0.18 0.00
Current ratio 5.85 2.04 5.20
Net debt to EBITDA (2.50) 1.73 0.28

Dividend

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

Size

Metric ASM MUX Other Precious Metals & Mining median
Market cap 1.03b 1.14b 1.03b

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