AEM

The core problem is that the fundamentals provided are from fiscal 2013 while the price and market cap are live 2026 figures, so the two cannot be reconciled into a clean valuation. On the trailing data shown, AEM is a loss-maker: FY2013 net income of -$407M (down 230.8% YoY), diluted EPS of -$2.35, a net margin of -63.5% and ROE of -13.7%. Retained earnings swung to -$513M and cash fell 53.3% to $139M while long-term debt rose 20.5% to $1.00B — a deteriorating year by any reading. The net income history is also whipsawing (+$86.5M, +$332M, -$569M, +$311M, -$407M from 2009 to 2013), which is exactly what you'd expect from a gold/silver miner whose earnings track commodity prices and periodic asset write-downs rather than a durable compounding business.