Hudbay Minerals Inc. Ordinary Shares (Canada) (HBM)

FairStock Score: 72/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for durable pricing power and a margin of safety. Hudbay is a copper miner, so it sells a commodity; it has no wide moat, and its results depend on metal prices and operating costs. The numbers are mixed. In fiscal Q2 2026, revenue was $631.3 million and net income was $137.4 million, a 21.76% net margin. Debt/equity is only 0.20, and trailing free cash flow is $283.2 million. But return on capital employed is just 6.74%, while return on equity is 16.74%, so equity returns are not matched by strong capital productivity. At the 2026-10-13 close of $25.68, FairStock calculations show a P/E of 15.75, P/B of 2.38, EV/EBITDA of 5.76, and PEG of 0.94. Those earnings multiples are not demanding if copper stays firm. Yet the Graham Number is $19.90, leaving the price about 29% above that conservative value estimate. FCF yield is 2.9%, dividend yield is 0.11%, Piotroski F-Score is 5/9, and Altman Z-Score is 2.47. Beta of 2.31 and a 52-week range of $14.34 to $32.15 confirm this is a volatile cycle. FairStock gives no Lynch category because only zero years of filed results are available, so I cannot classify it as a steady compounder. I see a fair-to-fully priced cyclical resource company, not a bargain with a margin of safety.

In plain English: Hudbay Minerals mines copper and other metals in North and South America. In its latest reported quarter, fiscal Q2 2026, it earned $137.4 million on $631.3 million of revenue, and it carries only modest debt. At the recent price of $25.68, the shares look fair to somewhat expensive compared with the company's current profits and assets, and they are above a conservative value estimate.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer