WallStSmart

First Majestic Silver Corp (AG)vsEndeavour Silver Corp. (EXK)

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Smart Verdict

WallStSmart Research — data-driven comparison

First Majestic Silver Corp generates 123% more annual revenue ($1.64B vs $737.20M). AG leads profitability with a 21.2% profit margin vs 8.9%. AG trades at a lower P/E of 22.8x. AG earns a higher WallStSmart Score of 66/100 (B-).

AG

Strong Buy

66

out of 100

Grade: B-

Growth: 10.0Profit: 8.0Value: 7.0Quality: 7.5
Piotroski: 4/9Altman Z: 1.84

EXK

Buy

53

out of 100

Grade: C-

Growth: 7.3Profit: 6.5Value: 6.3Quality: 5.0
Piotroski: 2/9Altman Z: 0.23
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

AGUndervalued (+80.7%)

Margin of Safety

+80.7%

Fair Value

$76.37

Current Price

$15.32

$61.05 discount

UndervaluedFair: $76.37Overvalued
EXKUndervalued (+72.5%)

Margin of Safety

+72.5%

Fair Value

$27.19

Current Price

$7.76

$19.43 discount

UndervaluedFair: $27.19Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

AG6 strengths · Avg: 9.3/10
Operating MarginProfitability
47.8%10/10

Strong operational efficiency at 47.8%

Revenue GrowthGrowth
57.3%10/10

Revenue surging 57.3% year-over-year

EPS GrowthGrowth
102.4%10/10

Earnings expanding 102.4% YoY

Profit MarginProfitability
21.2%9/10

Keeps 21 of every $100 in revenue as profit

Debt/EquityHealth
0.119/10

Conservative balance sheet, low leverage

Price/BookValuation
2.5x8/10

Reasonable price relative to book value

EXK2 strengths · Avg: 10.0/10
Operating MarginProfitability
30.5%10/10

Strong operational efficiency at 30.5%

Revenue GrowthGrowth
139.4%10/10

Revenue surging 139.4% year-over-year

Areas to Watch

AG1 concerns · Avg: 4.0/10
Altman Z-ScoreHealth
1.844/10

Grey zone — moderate risk

EXK4 concerns · Avg: 2.3/10
Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

P/E RatioValuation
41.2x2/10

Premium valuation, high expectations priced in

Return on EquityProfitability
-3.9%2/10

ROE of -3.9% — below average capital efficiency

EPS GrowthGrowth
-58.6%2/10

Earnings declined 58.6%

Comparative Analysis Report

WallStSmart Research

Bull Case : AG

The strongest argument for AG centers on Operating Margin, Revenue Growth, EPS Growth. Profitability is solid with margins at 21.2% and operating margin at 47.8%. Revenue growth of 57.3% demonstrates continued momentum.

Bull Case : EXK

The strongest argument for EXK centers on Operating Margin, Revenue Growth. Revenue growth of 139.4% demonstrates continued momentum.

Bear Case : AG

The primary concerns for AG are Altman Z-Score.

Bear Case : EXK

The primary concerns for EXK are Piotroski F-Score, P/E Ratio, Return on Equity. A P/E of 41.2x leaves little room for execution misses.

Key Dynamics to Monitor

AG profiles as a growth stock while EXK is a hypergrowth play — different risk/reward profiles.

EXK carries more volatility with a beta of 2.48 — expect wider price swings.

EXK is growing revenue faster at 139.4% — sustainability is the question.

AG generates stronger free cash flow (194M), providing more financial flexibility.

Bottom Line

AG scores higher overall (66/100 vs 53/100), backed by strong 21.2% margins and 57.3% revenue growth. EXK offers better value entry with a 72.5% margin of safety. Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

First Majestic Silver Corp

BASIC MATERIALS · SILVER · USA

First Majestic Silver Corp. The company is headquartered in Vancouver, Canada.

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Endeavour Silver Corp.

BASIC MATERIALS · SILVER · USA

Endeavor Silver Corp. The company is headquartered in Vancouver, Canada.

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