Question 1

What is Agnico Eagle Mines's P/FCF ratio?

Accepted Answer

Agnico Eagle Mines (AEM) P/FCF ratio is 16.2× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month free cash flow, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for Agnico Eagle Mines?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For Agnico Eagle Mines specifically, the relevant sector benchmark is the current sector median of 25.9×.

Question 5

Is Agnico Eagle Mines's P/FCF ratio high or low?

Accepted Answer

Agnico Eagle Mines's P/FCF ratio of 16.2× is below its own 5-year average of 29.3× and below the sector median of 25.9×. That places the current reading at the 1th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Agnico Eagle Mines's historical P/FCF ratio range?

Accepted Answer

In the available daily series, Agnico Eagle Mines (AEM) P/FCF ratio has ranged from a low of 15.1× in 2026 to a high of 473.0× in 2006. The 5-year average is 29.3× and the 5-year median is 26.7×.

Question 7

What was Agnico Eagle Mines's P/FCF ratio in 2025?

Accepted Answer

Agnico Eagle Mines (AEM) P/FCF ratio at the end of 2025 was 19.3×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 8

Why does Agnico Eagle Mines's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$84.9B	$4.41B	19.3×	+0.8×	Dec 31, 2025
2024	$39.2B	$2.12B	18.5×	-10.6×	Dec 31, 2024
2023	$27.2B	$936M	29.1×	—	Dec 31, 2023
2021	$13B	$398M	32.6×	-6.9×	Dec 31, 2021
2020	$17.1B	$433M	39.5×	—	Dec 31, 2020
2019	$14.7B	-$972K	—	—	Dec 31, 2019
2018	$9.46B	-$483M	—	—	Dec 31, 2018
2017	$10.8B	-$107M	—	—	Dec 31, 2017
2016	$9.44B	$263M	36.0×	+1.6×	Dec 31, 2016
2015	$5.72B	$166M	34.3×	+6.9×	Dec 31, 2015
2014	$5.29B	$193M	27.4×	—	Dec 31, 2014
2013	$4.58B	-$139M	—	—	Dec 31, 2013
2012	$9.01B	$250M	36.0×	+2.0×	Dec 31, 2012
2011	$6.15B	$181M	34.0×	—	Dec 31, 2011
2010	$12.7B	-$28.2M	—	—	Dec 31, 2010
2009	$8.43B	-$542M	—	—	Dec 31, 2009
2008	$7.7B	-$791M	—	—	Dec 31, 2008
2007	$7.54B	-$282M	—	—	Dec 31, 2007
2006	$4.87B	$77.1M	63.3×	-72.6×	Dec 31, 2006
2005	$1.73B	$12.7M	135.8×	—	Dec 31, 2005
2004	$1.17B	-$6.91M	—	—	Dec 31, 2004
2003	$1.02B	-$39.4M	—	—	Dec 31, 2003
2002	$1.01B	-$51.7M	—	—	Dec 31, 2002


Solstice Advanced Materials (SOLS)	93.8×
Nucor (NUE)	74.2×
Air Products and Chemicals (APD)	58.4×
International Flavors & Fragrances (IFF)	46.7×
Linde (LIN)	45.1×
Ecolab (ECL)	40.1×
Albemarle (ALB)	36.7×
International Paper (IP)	35.2×
Steel Dynamics (STLD)	34.7×
Martin Marietta Materials (MLM)	34.3×
Vulcan Materials (VMC)	32.2×
Corteva (CTVA)	27.5×
Sherwin-Williams (SHW)	27.1×
H.B. Fuller (FUL)	24.8×
CRH (CRH)	24.4×
PPG Industries (PPG)	19.5×
Eastman Chemical (EMN)	17.5×
DuPont de Nemours (DD)	17.0×
Avient (AVNT)	16.2×
Freeport-McMoRan (FCX)	13.6×
CF Industries Holdings (CF)	12.4×
Builders FirstSource (BLDR)	10.5×
Newmont (NEM)	9.6×
LyondellBasell (LYB)	9.3×
Ashland (ASH)	7.6×

P/FCF Ratio for Agnico Eagle Mines (AEM) 2005-2026

P/FCF Ratio daily chart for Agnico Eagle Mines (AEM)

Historical P/FCF Ratio for Agnico Eagle Mines (AEM) from 2002 to 2025

About P/FCF Ratio at Agnico Eagle Mines (AEM)

Agnico Eagle Mines P/FCF Ratio by Year

Agnico Eagle Mines P/FCF Ratio 2025: 19.3×

Agnico Eagle Mines P/FCF Ratio 2024: 18.5×

Agnico Eagle Mines P/FCF Ratio 2023: 29.1×

Agnico Eagle Mines P/FCF Ratio 2021: 32.6×

Agnico Eagle Mines P/FCF Ratio 2020: 39.5×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

Agnico Eagle Mines (AEM) Key Financials