First Majestic SilverTSX:AG -2.73%66 EBITDA Margin % is 63.20% as of Mar. 2026, which is 266% above its 10-year median of 17.25. GuruFocus rates TSX:AG with a GF Score™ of 66/100 and a GF Value™ of C$13.97 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 841 Metals & Mining companies, First Majestic Silver ranks better than 90.25% on this metric.
First Majestic Silver (TSX:AG) EBITDA Margin % Explanation
EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.
First Majestic Silver EBITDA Margin % Related Terms
First Majestic Silver EBITDA Margin % Historical Data
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The historical data trend for First Majestic Silver's EBITDA Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Silver subindustry, First Majestic Silver's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
First Majestic Silver EBITDA Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, First Majestic Silver's EBITDA Margin % distribution charts can be found below:
* The bar in red indicates where First Majestic Silver's EBITDA Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
First Majestic Silver (TSX:AG) has a EBITDA Margin % of 63.20% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on First Majestic Silver and its competitors. This is 266% above median its historical median of 17.25. According to the industry distribution chart, First Majestic Silver ranks #82 out of 841 companies in the Metals & Mining industry, placing it in the top 9.8%.
Is First Majestic Silver's EBITDA Margin % too high?
First Majestic Silver's current EBITDA Margin % of 63.20% is 266% above median its 10-year median of 17.25. The Metals & Mining industry median EBITDA Margin % is 8.89. First Majestic Silver's value of 63.20% is 610.9% above this industry median. Based on the distribution chart, First Majestic Silver ranks #82 out of 841 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, First Majestic Silver has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Majestic Silver's EBITDA Margin % compare to EXK?
According to the Metals & Mining industry distribution chart, First Majestic Silver ranks #82 out of 841 companies for EBITDA Margin %. This places First Majestic Silver in the top 10% of its industry — outperforming the majority of peers. The industry median EBITDA Margin % is 8.89. First Majestic Silver's value of 63.20% is 610.9% above this benchmark. While the company's 10-year median is 17.25 vs. the industry median of 8.89, First Majestic Silver has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Metals & Mining company?
The median EBITDA Margin % among Metals & Mining companies is 8.89, based on 841 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Majestic Silver's current EBITDA Margin % of 63.20% is 610.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on First Majestic Silver and its competitors. For the Metals & Mining industry, the median EBITDA Margin % is 8.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Majestic Silver's current EBITDA Margin % is 63.20%, which is 266% above median its own 10-year median of 17.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Majestic Silver stock overvalued right now?
Based on GuruFocus' analysis, First Majestic Silver (TSX:AG) is currently considered Significantly Overvalued. The stock's GF Value™ is C$13.97, compared to a current price of C$22.82 — trading 63.4% above its estimated fair value. The current EBITDA Margin % is 63.20%, which is 266% above median its 10-year median of 17.25 and 610.9% above the Metals & Mining industry median of 8.89. First Majestic Silver's overall GF Score™ is 66/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For First Majestic Silver (TSX:AG), the current EBITDA Margin % is 63.20% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is First Majestic Silver (TSX:AG) Overvalued in 2026?
Based on GuruFocus' analysis, First Majestic Silver stock appears to be overvalued.
The current stock price of C$22.82 is trading 63.4% above its estimated GF Value™ of C$13.97.
GuruFocus considers First Majestic Silver to be Significantly Overvalued.
Key valuation signals for TSX:AG:
EBITDA Margin %: 63.20% (266% above median its 10-year median of 17.25)
GF Value™: C$13.97 vs. price of C$22.82 (63.4% above fair value)
Industry Position: 610.9% above the Metals & Mining median (#82 of 841)
No single metric tells the full story. See the TSX:AG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Majestic Silver Corp is in the business of production, development, exploration, and acquisition of mineral properties with a focus on silver and gold production in North America. The company owns four producing mines in Mexico, consisting of the Santa Elena Silver/Gold Mine, the San Dimas Silver/Gold Mine, the Los Gatos Silver Mine, and the La Encantada Silver Mine. It also owns the Jerritt Canyon Gold Mine in Nevada, USA. Additionally, the firm holds interests in the San Martin Silver Mine and the Del Toro Silver Mine, and several exploration-stage projects. The majority of the company's revenues are from the sale of precious metals contained in dore and concentrate form. It generates maximum revenue from the sale of silver, followed by gold, zinc, copper, and other metals.
66GF Score
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