AG vs USAS Stock Comparison

First Majestic Silver and Americas Gold & Silver Prices as of Oct 26, 2026 Peers: Industry group

Head to Head

10 decided of 12

First Majestic Silver leads on 8 of the 12 questions below (First Majestic Silver 8, Americas Gold & Silver 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAGUSASLeader
Larger companyMarket capitalisation $7.50B $848.79M AG
Cheaper on earningsLower P/E, profitable companies only 21.6x -20.6x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 18.3x 33.4x AG
Faster revenue growthRevenue growth, trailing twelve months +98.5% +88.0% AG
More profitableNet margin, trailing twelve months 21.2% -22.7% AG
Better return on capitalReturn on invested capital 12.0% 1.3% AG
Less leveragedLower net debt / EBITDA -1.0x -6.9x USAS
Higher dividend yieldTrailing dividend yield 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +15.7% -25.1% AG
Better 5-year returnAnnualised price return, 5 years +2.4%/yr +5.3%/yr USAS
Less volatileAnnualised volatility, 1 year 73.7% 88.2% AG
Higher overall scoreMean of the five percentile scores vs peers 76/100 60/100 AG

Percentile Scorecard

AGUSAS

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisAGUSAS
Valuation 75 #41 of 162 52 #78 of 162
Growth 99 #2 of 147 80 #30 of 147
Profitability 84 #20 of 122 44 #69 of 122
Financial Health 69 #52 of 165 77 #39 of 165
Shareholder Returns 50 #54 of 107 47 #57 of 107
Overall 76 60
  • AG ranked among 176 companies in Metals and Mining
  • USAS ranked among 176 companies in Metals and Mining

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodAGUSASSPY
1 month -21.9%-37.6% -0.8%
3 months -8.4%-25.9% +3.5%
6 months -27.5%-49.1% +7.0%
Year to date -10.9%-41.1% +12.2%
1 year +15.7%-25.1% +13.0%
3 years +171.0%+280.1% +86.3%
3 years, per year +39.4%+56.1% +23.1%
5 years +12.5%+29.7% +68.6%
5 years, per year +2.4%+5.3% +11.0%
10 years +85.9%-55.6% +258.0%
10 years, per year +6.4%-7.8% +13.6%

Risk

MeasureAGUSASSPY
Volatility, 1Y 73.7%88.2% 12.7%
Downside volatility, 1Y 74.3%93.8% 12.7%
Beta vs S&P 500, 1Y 2.813.79 1.00
Return / volatility, 1Y 0.21-0.28 1.02
Max drawdown, 5Y -70.5%-83.6% -25.4%
From 52-week high -53.6%-70.0% -1.8%
52-week high $32.01$10.03 $779.14
52-week low $10.67$3.01 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleAGUSAS
P/E now vs peer median 20.5xmedian 12.8x -19.5xmedian 12.8x
P/S now vs peer median 4.4xmedian 3.1x 5.3xmedian 3.1x
EV/EBITDA now vs peer median 6.4xmedian 7.0x 74.5xmedian 7.0x
P/FCF now vs peer median 11.8xmedian 15.2x 16.8xmedian 15.2x
P/B now vs peer median 2.2xmedian 2.1x 3.3xmedian 2.1x
PEG now vs peer median 0.42median 0.29 -0.50median 0.29

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsAGUSAS
Revenue $1.64B $181.59M
Gross profit $827.10M $92.90M
Operating income $756.62M $4.62M
Net income $421.54M -$47.71M
Free cash flow $617.41M $57.37M
R&D – $7.36M
EPS (diluted) $0.72 $-0.15
Cash & equivalents $1.09B $88.88M
Total debt $1.03B $6.95M
Shares (diluted) 484.56M 267.34M
Enterprise value $3.56B $468.60M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricAGUSAS
P/E 20.5x -19.5x
P/FCF 11.8x 16.8x
P/Operating cash flow 8.8x 21.4x
P/S 4.4x 5.3x
P/B 2.2x 3.3x
P/Tangible book 2.2x 3.3x
EV/EBITDA 6.4x 74.5x
EV/EBIT 8.4x 191.1x
EV/Revenue 3.9x 4.9x
EV/FCF 10.3x 15.4x
EV/Operating cash flow 7.7x 19.5x
PEG (3Y EPS CAGR) 0.42 -0.50

Growth

14 metrics
MetricAGUSAS
Revenue growth (1Y) 98.5% 88.0%
Revenue CAGR (3Y) 39.0% 28.8%
Gross profit growth (1Y) 335.5% 684.7%
Gross profit CAGR (3Y) 283.4% 109.3%
Operating income growth (1Y) 622.0% -37.5%
Operating income CAGR (3Y) 78.9% 63.9%
Net income growth (1Y) 517.9% -42.6%
Net income CAGR (3Y) 98.2% 3.6%
EPS growth (1Y) 294.7% -281.6%
EPS CAGR (3Y) 48.3% 39.1%
Operating cash flow growth (1Y) 207.8% 712.7%
Operating cash flow CAGR (3Y) 131.1% 84.2%
Free cash flow growth (1Y) 232.3% 207.2%
Free cash flow CAGR (3Y) 80.3% 60.6%

Profitability

14 metrics
MetricAGUSAS
Gross margin 50.4% 51.2%
EBITDA margin 60.3% 6.5%
Operating margin 46.1% 2.5%
Pretax margin 46.5% -16.4%
Net margin 21.2% -22.7%
FCF margin 37.6% 31.6%
Operating cash flow margin 50.3% 24.9%
Return on equity 12.2% -8.5%
Return on assets 8.4% -5.2%
Return on invested capital 12.0% 1.3%
Return on capital employed 17.5% –
Asset turnover 0.3x 0.4x
Cash conversion (OCF / net income) 2.0x -0.9x
Stock comp / revenue 0.8% 5.7%

Financial Health

11 metrics
MetricAGUSAS
Debt / assets 6.1% 1.6%
Debt / equity 0.1x 0.0x
Net debt / EBITDA -1.0x -6.9x
Debt / FCF 0.5x 0.1x
Liabilities / assets 31.7% 31.5%
Equity / assets 68.3% 68.5%
Interest coverage 34.3x 1.2x
Current ratio 2.6x –
Quick ratio 2.3x –
Cash ratio 2.2x –
Altman Z-score 3.75 –

Shareholder Returns

7 metrics
MetricAGUSAS
Dividend yield 0.4% –
Net buyback yield -1.0% -0.8%
Shareholder yield -0.6% -0.8%
Payout ratio (earnings) 0.5% –
Payout ratio (FCF) 0.4% –
Dividend growth (1Y) -20.6% –
Dividend CAGR (3Y) -32.9% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusAGUSAS
Forward P/E 18.3xFY2026 33.4xFY2026
EPS, next fiscal year $0.81FY2026 $0.09FY2026
EPS growth, next FY +76.1%FY2026 –
EPS growth, the year after +17.3% +244.4%
Revenue, next fiscal year $1.58BFY2026 $244.05MFY2026
Revenue growth, next FY +25.6%FY2026 +107.0%FY2026
Revenue growth, the year after +8.3% +63.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAGUSAS
Held by institutions 47.0% –
Institutions holding 347 –
Change in shares held, QoQ -4.4% –
Institutions buying 193 –
Institutions selling 104 –
Buyers to sellers 1.86 –

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

AGUSAS
AG 1.00 0.83
USAS 0.83 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, AG and USAS?

First Majestic Silver (AG) is the largest by market capitalisation: First Majestic Silver (AG) $7.50B, Americas Gold & Silver (USAS) $848.79M.

Which company is growing faster?

First Majestic Silver (AG) grew revenue fastest over the trailing twelve months: First Majestic Silver (AG) +98.5%, Americas Gold & Silver (USAS) +88.0%.

Which company is more profitable?

First Majestic Silver (AG) has the highest net margin (First Majestic Silver (AG) 21.2%, Americas Gold & Silver (USAS) -22.7%). On return on invested capital, First Majestic Silver (AG) leads (First Majestic Silver (AG) 12.0%, Americas Gold & Silver (USAS) 1.3%).

Which stock has performed better?

Over the past year First Majestic Silver (AG) returned the most: First Majestic Silver (AG) +15.7%, Americas Gold & Silver (USAS) -25.1%. Over five years, Americas Gold & Silver (USAS) compounded fastest (First Majestic Silver (AG) +2.4%/yr, Americas Gold & Silver (USAS) +5.3%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: First Majestic Silver (AG) 0.00%, Americas Gold & Silver (USAS) 0.00%. Americas Gold & Silver (USAS) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, First Majestic Silver (AG) has been the steadiest (First Majestic Silver (AG) 73.7%, Americas Gold & Silver (USAS) 88.2%). Volatility measures how widely the price swings, not the risk of the business.

Do AG and USAS move together?

Their daily returns over the past year have a correlation of 0.83, a strong positive relationship. Holding both adds little diversification.

Which is the better stock, AG and USAS?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, First Majestic Silver (AG) leads on 8. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.