ALM vs HBM Stock Comparison

Almonty Industries and Hudbay Minerals Prices as of Oct 26, 2026 Peers: Industry group
ALM Almonty Industries Inc.
$9.20 -32.9% 1M +32.4% 1Y
Market cap
$2.42B
P/E
33.6x
Revenue (TTM)
$62.16M
Div. yield
–
Copper Basic Materials
4 wins
HBM Hudbay Minerals Inc.
$22.16 -16.8% 1M +40.0% 1Y
Market cap
$8.76B
P/E
12.8x
Revenue (TTM)
$2.47B
Div. yield
0.14%
Copper Basic Materials
6 wins

Head to Head

10 decided of 12

Hudbay Minerals leads on 6 of the 12 questions below (Hudbay Minerals 6, Almonty Industries 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionALMHBMLeader
Larger companyMarket capitalisation $2.42B $8.76B HBM
Cheaper on earningsLower P/E, profitable companies only 33.6x 12.8x HBM
Cheaper on forward earningsLower price / next fiscal year consensus EPS 15.3x 15.0x HBM
Faster revenue growthRevenue growth, trailing twelve months +208.0% +12.1% ALM
More profitableNet margin, trailing twelve months 91.6% 27.7% ALM
Better return on capitalReturn on invested capital — 12.6% –
Less leveragedLower net debt / EBITDA -0.7x 0.1x ALM
Higher dividend yieldTrailing dividend yield — 0.14% –
Better 1-year returnPrice return, last 12 months +32.4% +40.0% HBM
Better 5-year returnAnnualised price return, 5 years +42.6%/yr +26.0%/yr ALM
Less volatileAnnualised volatility, 1 year 92.8% 62.6% HBM
Higher overall scoreMean of the five percentile scores vs peers 62/100 64/100 HBM

Percentile Scorecard

ALMHBM

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

AxisALMHBM
Valuation 35 #74 of 114 81 #22 of 114
Growth 93 #8 of 102 87 #14 of 102
Profitability 76 #20 of 81 80 #17 of 81
Financial Health 44 #68 of 120 41 #71 of 120
Shareholder Returns – 32 #50 of 73
Overall 62 64
  • ALM ranked among 128 companies in Metals and Mining
  • HBM ranked among 128 companies in Metals and Mining

Price Performance

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

Returns

PeriodALMHBMSPY
1 month -32.9%-16.8% -0.8%
3 months -31.1%-1.0% +3.5%
6 months -57.2%-9.2% +7.0%
Year to date +4.4%+11.6% +12.2%
1 year +32.4%+40.0% +13.0%
3 years +922.2%+405.9% +86.3%
3 years, per year +117.1%+71.7% +23.1%
5 years +489.7%+217.9% +68.6%
5 years, per year +42.6%+26.0% +11.0%
10 years +2,090.5%+475.6% +258.0%
10 years, per year +36.2%+19.1% +13.6%

Risk

MeasureALMHBMSPY
Volatility, 1Y 92.8%62.6% 12.7%
Downside volatility, 1Y 89.9%67.5% 12.7%
Beta vs S&P 500, 1Y 3.152.75 1.00
Return / volatility, 1Y 0.350.64 1.02
Max drawdown, 5Y -62.6%-63.3% -25.4%
From 52-week high -60.7%-30.5% -1.8%
52-week high $23.42$31.87 $779.14
52-week low $5.59$14.58 $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.

MultipleALMHBM
P/E now vs peer median 33.6xmedian 10.6x 12.8xmedian 10.6x
P/S now vs peer median 38.9xmedian 3.1x 3.6xmedian 3.1x
EV/EBITDA now vs peer median 5.4xmedian 5.9x 5.9xmedian 5.9x
P/FCF now vs peer median —median 11.3x 10.0xmedian 11.3x
P/B now vs peer median 6.2xmedian 2.3x 1.8xmedian 2.3x
PEG now vs peer median —median 0.17 0.04median 0.17

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 monthsALMHBM
Revenue $62.16M $2.47B
Gross profit $29.80M $972.40M
Operating income $30.20M $1.10B
Net income -$73.22B $680.00M
Free cash flow – $880.20M
R&D – $58.40M
EPS (diluted) $0.27 $1.72
Cash & equivalents $863.71M $890.90M
Total debt $887.79M $3.67B
Shares (diluted) 208.03M 396.65M
Enterprise value $1.26B $6.08B

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
MetricALMHBM
P/E 33.6x 12.8x
P/FCF – 10.0x
P/Operating cash flow – 10.0x
P/S 38.9x 3.6x
P/B 6.2x 1.8x
P/Tangible book 6.2x 1.8x
EV/EBITDA 5.4x 5.9x
EV/EBIT 70.4x 8.1x
EV/Revenue 34.2x 3.6x
EV/FCF – 10.2x
EV/Operating cash flow – 10.2x
PEG (3Y EPS CAGR) – 0.04

Growth

14 metrics
MetricALMHBM
Revenue growth (1Y) 208.0% 12.1%
Revenue CAGR (3Y) – 24.6%
Gross profit growth (1Y) 7,264% 32.8%
Gross profit CAGR (3Y) – 71.9%
Operating income growth (1Y) 9,134% 89.3%
Operating income CAGR (3Y) – 126.5%
Net income growth (1Y) -161.1% 139.9%
Net income CAGR (3Y) – 410.6%
EPS growth (1Y) 162.7% 122.6%
EPS CAGR (3Y) – 346.8%
Operating cash flow growth (1Y) – 1.5%
Operating cash flow CAGR (3Y) – –
Free cash flow growth (1Y) – 2,912%
Free cash flow CAGR (3Y) – 115.3%

Profitability

14 metrics
MetricALMHBM
Gross margin 47.9% 39.4%
EBITDA margin 635.6% 61.9%
Operating margin 48.6% 44.7%
Pretax margin 234.8% 47.3%
Net margin 91.6% 27.7%
FCF margin – 35.7%
Operating cash flow margin – 35.6%
Return on equity – 16.3%
Return on assets – 43.1%
Return on invested capital – 12.6%
Return on capital employed – –
Asset turnover – 1.6x
Cash conversion (OCF / net income) – 1.3x
Stock comp / revenue 7,418% 3.3%

Financial Health

11 metrics
MetricALMHBM
Debt / assets 47.7% 78.4%
Debt / equity 1.5x 0.2x
Net debt / EBITDA -0.7x 0.1x
Debt / FCF – 1.3x
Liabilities / assets 67.6% -231.7%
Equity / assets 32.4% 331.7%
Interest coverage 4.8x 14.9x
Current ratio 9.6x –
Quick ratio 9.4x –
Cash ratio 9.3x –
Altman Z-score 2.63 –

Shareholder Returns

7 metrics
MetricALMHBM
Dividend yield – 0.1%
Net buyback yield – -0.4%
Shareholder yield – -0.2%
Payout ratio (earnings) – 1.3%
Payout ratio (FCF) – 1.0%
Dividend growth (1Y) – -260.4%
Dividend CAGR (3Y) – -59.0%

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.

ConsensusALMHBM
Forward P/E 15.3xFY2026 15.0xFY2026
EPS, next fiscal year $0.60FY2026 $1.48FY2026
EPS growth, next FY – +120.9%FY2026
EPS growth, the year after +115.0% +27.7%
Revenue, next fiscal year $227.48MFY2026 $3.04BFY2026
Revenue growth, next FY +860.6%FY2026 +37.3%FY2026
Revenue growth, the year after +190.0% +19.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersALMHBM
Held by institutions 59.4% 83.1%
Institutions holding 181 319
Change in shares held, QoQ +27.9% +10.9%
Institutions buying 140 200
Institutions selling 30 82
Buyers to sellers 4.67 2.44

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.

ALMHBM
ALM 1.00 0.56
HBM 0.56 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, ALM and HBM?

Hudbay Minerals (HBM) is the largest by market capitalisation: Almonty Industries (ALM) $2.42B, Hudbay Minerals (HBM) $8.76B.

Which stock is cheaper, ALM and HBM?

Hudbay Minerals (HBM) trades on the lowest price-to-earnings ratio (Almonty Industries (ALM) 33.6x, Hudbay Minerals (HBM) 12.8x). On next year's consensus earnings, Hudbay Minerals (HBM) is cheapest (Almonty Industries (ALM) 15.3x, Hudbay Minerals (HBM) 15.0x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Almonty Industries (ALM) grew revenue fastest over the trailing twelve months: Almonty Industries (ALM) +208.0%, Hudbay Minerals (HBM) +12.1%.

Which company is more profitable?

Almonty Industries (ALM) has the highest net margin (Almonty Industries (ALM) 91.6%, Hudbay Minerals (HBM) 27.7%).

Which stock has performed better?

Over the past year Hudbay Minerals (HBM) returned the most: Almonty Industries (ALM) +32.4%, Hudbay Minerals (HBM) +40.0%. Over five years, Almonty Industries (ALM) compounded fastest (Almonty Industries (ALM) +42.6%/yr, Hudbay Minerals (HBM) +26.0%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Hudbay Minerals (HBM) 0.14%. Almonty Industries (ALM) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Hudbay Minerals (HBM) has been the steadiest (Almonty Industries (ALM) 92.8%, Hudbay Minerals (HBM) 62.6%). Volatility measures how widely the price swings, not the risk of the business.

Do ALM and HBM move together?

Their daily returns over the past year have a correlation of 0.56, a moderate positive relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, ALM and HBM?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Hudbay Minerals (HBM) leads on 6. 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.