Avino Silver & Gold Mines Ltd. (ASM) Key Metrics
ASM valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $905.3M
- Enterprise value
- $890.1M
- P/E (TTM)
- 19.7 10-yr median 28.3
- Forward P/E
- 12.0
- PEG ratio
- —
- Price / sales
- 7.7 10-yr median 1.8
- Price / book
- 3.6 10-yr median 1.0
- EV / EBITDA
- 14.9 10-yr median 9.0
- Dividend yield
- —
- Beta
- 3.01
ASM key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsASM valuation Price multiples at each fiscal year-end price.
ASM returns How much profit the business earns on the capital it uses.
ASM per-share figures Results divided by the shares outstanding at year-end.
ASM financial health Debt, liquidity and how easily interest is covered.
ASM efficiency & capital use Working capital cycle and where the cash goes.
ASM valuation history
ASM returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
ASM debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
ASM price vs earnings per share
ASM key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $980.0M | $124.5M | $65.7M | $80.0M | $86.2M | $108.1M | $40.4M | $36.6M | $71.4M | $60.0M |
| Enterprise value | $884.5M | $99.8M | $66.4M | $75.4M | $62.5M | $99.5M | $34.7M | $43.0M | $79.3M | $52.5M |
| P/E ratio | 36.2 | 15.4 | 121.2 | 25.8 | — | — | — | 22.5 | 28.3 | 29.8 |
| Price / sales | 11.3 | 1.9 | 1.5 | 1.8 | 7.7 | 6.7 | 1.3 | 1.1 | 2.1 | 1.7 |
| Price / book | 4.2 | 1.0 | 0.6 | 0.8 | 1.1 | 1.8 | 0.7 | 0.5 | 1.0 | 1.0 |
| Price / free cash flow | 856.9 | 6.7 | — | 20.0 | — | — | 18.1 | — | — | 52.6 |
| Price / operating cash flow | 35.1 | 5.4 | 44.1 | 6.8 | 791.2 | — | 7.3 | 4.0 | — | 12.4 |
| EV / sales | 10.2 | 1.5 | 1.5 | 1.7 | 5.6 | 6.2 | 1.1 | 1.3 | 2.4 | 1.5 |
| EV / EBITDA | 19.6 | 5.5 | 23.8 | 7.6 | 119.8 | — | 34.3 | 7.9 | 9.0 | 6.0 |
| EV / free cash flow | 773.4 | 5.3 | — | 18.9 | — | — | 15.6 | — | — | 46.1 |
| Earnings yield | 2.8% | 6.5% | 0.8% | 3.9% | −2.4% | −7.1% | −77.9% | 4.4% | 3.5% | 3.4% |
| Free cash flow yield | 0.1% | 15.0% | −9.0% | 5.0% | −2.1% | −1.8% | 5.5% | −0.5% | −12.3% | 1.9% |
| Dividend yield | — | — | — | — | — | — | — | — | — | 0.0% |
| Shareholder yield (dividends + buybacks) | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Share price at fiscal year-end | $6.21 | $0.88 | $0.52 | $0.68 | $0.86 | $1.30 | $0.58 | $0.61 | $1.34 | $1.37 |
| Per share | ||||||||||
| Revenue per share | $0.55 | $0.47 | $0.35 | $0.38 | $0.11 | $0.19 | $0.45 | $0.57 | $0.63 | $0.79 |
| Earnings per share | $0.17 | $0.06 | $0.00 | $0.03 | −$0.02 | −$0.09 | −$0.45 | $0.03 | $0.05 | $0.05 |
| Operating cash flow per share | $0.18 | $0.16 | $0.01 | $0.10 | $0.00 | $0.00 | $0.08 | $0.15 | −$0.04 | $0.11 |
| Free cash flow per share | $0.01 | $0.13 | −$0.05 | $0.03 | −$0.02 | −$0.02 | $0.03 | −$0.00 | −$0.16 | $0.03 |
| Cash per share | $0.64 | $0.19 | $0.02 | $0.10 | $0.25 | $0.14 | $0.14 | $0.05 | $0.08 | $0.50 |
| Book value per share | $1.48 | $0.89 | $0.85 | $0.83 | $0.78 | $0.71 | $0.77 | $1.25 | $1.29 | $1.42 |
| Tangible book value per share | $1.48 | $0.89 | $0.85 | $0.83 | $0.78 | $0.71 | $0.77 | $1.25 | $1.29 | $1.42 |
| Dividends per share | — | — | — | — | — | — | — | — | — | $0.00 |
| Capex per share | $0.17 | $0.03 | $0.06 | $0.07 | $0.02 | $0.02 | $0.05 | $0.16 | $0.12 | $0.08 |
| Debt per share | $0.04 | $0.02 | $0.03 | $0.06 | $0.01 | $0.04 | $0.06 | $0.16 | $0.23 | $0.33 |
| Shares outstanding | 157.8M | 141.3M | 125.3M | 117.6M | 100.2M | 83.2M | 70.0M | 60.0M | 53.3M | 43.8M |
| Change in shares outstanding | +11.7% | +12.8% | +6.6% | +17.4% | +20.4% | +18.9% | +16.6% | +12.5% | +21.8% | +19.2% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 15.1% | 7.0% | 0.5% | 3.5% | −3.0% | −13.5% | −48.7% | 2.3% | 3.9% | 4.1% |
| Return on invested capital (ROIC) | 16.4% | 8.0% | −0.1% | 5.9% | −2.6% | −7.5% | −5.5% | 1.9% | 4.6% | 5.8% |
| Return on assets (ROA) | 12.4% | 5.8% | 0.4% | 3.0% | −2.7% | −10.8% | −34.7% | 1.5% | 2.6% | 2.6% |
| Return on tangible assets | 9.4% | 5.4% | 0.4% | 2.6% | −2.4% | −11.1% | −43.4% | 1.5% | 2.5% | 2.1% |
| Free cash flow margin | 1.3% | 28.2% | −13.4% | 9.0% | −16.1% | −12.1% | 7.0% | −0.6% | −26.3% | 3.3% |
| Income quality (OCF / net income) | 1.03 | 2.85 | 2.75 | 3.82 | — | — | — | 5.67 | −0.86 | 2.39 |
| Financial health | ||||||||||
| Total debt | $6.0M | $2.6M | $3.5M | $6.6M | $1.1M | $3.1M | $3.9M | $9.6M | $12.3M | $14.3M |
| Cash & short-term investments | $101.5M | $27.3M | $2.7M | $11.2M | $24.8M | $11.7M | $9.6M | $3.3M | $4.4M | $21.8M |
| Net debt | −$95.5M | −$24.7M | $766,000 | −$4.6M | −$23.7M | −$8.6M | −$5.7M | $6.4M | $7.8M | −$7.5M |
| Debt / equity | 0.03 | 0.02 | 0.03 | 0.07 | 0.01 | 0.05 | 0.07 | 0.13 | 0.18 | 0.23 |
| Debt / assets | 0.02 | 0.02 | 0.03 | 0.05 | 0.01 | 0.04 | 0.05 | 0.09 | 0.12 | 0.15 |
| Net debt / EBITDA | −2.11 | −1.36 | 0.27 | −0.46 | −45.39 | — | −5.62 | 1.18 | 0.89 | −0.84 |
| Current ratio | 4.06 | 2.62 | 1.70 | 1.53 | 9.23 | 3.92 | 2.38 | 2.33 | 2.61 | 2.97 |
| Quick ratio | 3.69 | 2.13 | 1.07 | 1.15 | 7.88 | 3.59 | 1.80 | 1.39 | 1.72 | 2.48 |
| Interest coverage | 51.3 | 38.1 | -0.3 | 89.0 | -22.7 | -19.8 | -30.4 | 3.5 | 23.3 | 21.8 |
| Working capital | $99.4M | $25.2M | $9.7M | $8.8M | $31.6M | $14.7M | $13.2M | $13.1M | $16.4M | $23.3M |
| Invested capital | $138.1M | $100.7M | $106.8M | $93.4M | $54.8M | $50.4M | $48.2M | $81.6M | $76.6M | $54.6M |
| Tangible asset value | $233.6M | $125.4M | $106.0M | $98.0M | $78.5M | $59.0M | $53.9M | $75.2M | $68.8M | $62.0M |
| Net current asset value | $78.2M | $17.5M | $1.2M | $2.4M | $27.7M | $9.9M | $4.1M | −$10.5M | −$7.2M | $2.8M |
| Graham number | $2.39 | $1.07 | $0.29 | $0.70 | — | — | — | $0.87 | $1.17 | $1.21 |
| Graham net-net per share | $0.41 | $0.07 | −$0.06 | −$0.03 | $0.23 | $0.08 | −$0.01 | −$0.31 | −$0.31 | −$0.06 |
| Capital allocation | ||||||||||
| Dividends paid | — | — | — | — | — | — | — | — | — | $0 |
| Share buybacks (net) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividend payout ratio | — | — | — | — | — | — | — | — | — | 0.0% |
| Dividends + buybacks / free cash flow | 0.0% | 0.0% | — | 0.0% | — | — | 0.0% | — | — | 0.0% |
| Capex / revenue | 30.9% | 6.7% | 16.8% | 17.7% | 17.0% | 12.6% | 10.3% | 27.6% | 19.8% | 10.6% |
| Capex / operating cash flow | 95.9% | 19.3% | 495.6% | 66.2% | 1,755.0% | 2,797.2% | 59.5% | 102.1% | — | 76.4% |
| Capex / depreciation | 6.66 | 1.32 | 2.53 | 3.58 | 0.90 | 1.05 | 0.84 | 2.89 | 2.16 | 1.75 |
| Stock-based compensation / revenue | 4.3% | 3.1% | 5.2% | 4.6% | 13.1% | 11.6% | 3.0% | 1.8% | 6.0% | 3.5% |
| SG&A / revenue | 14.1% | 12.3% | 17.7% | 13.7% | 43.6% | 29.0% | 12.9% | 12.4% | 15.0% | 14.4% |
| Efficiency | ||||||||||
| Days sales outstanding | 36.8 | 37.5 | 68.4 | 45.4 | 164.9 | 142.8 | 94.2 | 109.3 | 96.2 | 60.3 |
| Days of inventory on hand | 80.5 | 69.8 | 76.3 | 71.7 | 162.5 | 83.6 | 84.5 | 120.1 | 123.7 | 72.5 |
| Days payables outstanding | 99.6 | 94.1 | 108.0 | 79.8 | 126.6 | 80.4 | 61.5 | 61.6 | 60.1 | 53.5 |
| Cash conversion cycle (days) | 17.7 | 13.2 | 36.8 | 37.3 | 200.8 | 145.9 | 117.2 | 167.9 | 159.8 | 79.3 |
| Receivables turnover | 9.93 | 9.72 | 5.33 | 8.05 | 2.21 | 2.56 | 3.87 | 3.34 | 3.80 | 6.05 |
| Payables turnover | 3.66 | 3.88 | 3.38 | 4.58 | 2.88 | 4.54 | 5.93 | 5.93 | 6.07 | 6.82 |
| Inventory turnover | 4.53 | 5.23 | 4.78 | 5.09 | 2.25 | 4.37 | 4.32 | 3.04 | 2.95 | 5.03 |
| Asset turnover | 0.40 | 0.48 | 0.35 | 0.43 | 0.14 | 0.23 | 0.35 | 0.32 | 0.34 | 0.44 |
| Average receivables | $8.7M | $6.8M | $8.2M | $5.5M | $5.1M | $6.3M | $8.2M | $10.2M | $8.8M | $5.7M |
| Average payables | $12.2M | $11.1M | $10.7M | $6.4M | $2.7M | $3.5M | $5.4M | $4.7M | $3.6M | $3.4M |
| Average inventory | $9.9M | $8.2M | $7.5M | $5.7M | $3.4M | $3.6M | $7.4M | $9.2M | $7.5M | $4.6M |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Computed from ASM's annual financial statements (latest annual report filed March 27, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
ASM valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Avino Silver & Gold Mines traded at 36.2 times earnings, against a 10-year median of 28.3. Based on the latest twelve months, the trailing P/E is 19.7 and the forward P/E is 12.0. Avino Silver & Gold Mines earned a return on equity of 15.1% and a return on invested capital of 16.4% in fiscal 2025. It ended the year with $6.0 million of debt and $101.5 million in cash and short-term investments, a net cash position of $95.5 million. The share count rose 260.4% from 43.8M to 157.8M over 9 years.
See the ASM income statement, the ASM chart for price history, or the ASM stock overview for the latest quote and news.
ASM key metrics FAQ
What is Avino Silver & Gold Mines's P/E ratio?
Avino Silver & Gold Mines's trailing P/E ratio is 19.7 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 12.0. At the end of fiscal 2025 it was 36.2, compared with a 10-year median of 28.3.
What is Avino Silver & Gold Mines's EV/EBITDA?
Avino Silver & Gold Mines's enterprise value was 19.6 times EBITDA at the end of fiscal 2025 (enterprise value $884.5 million, EBITDA $45.2 million); the current EV/EBITDA is 14.9.
What is Avino Silver & Gold Mines's return on equity?
Avino Silver & Gold Mines's return on equity (ROE) was 15.1% in fiscal 2025: net income of $27.1 million on average shareholders' equity of $179.5 million.
What is Avino Silver & Gold Mines's ROIC?
Avino Silver & Gold Mines's return on invested capital was 16.4% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Avino Silver & Gold Mines have?
Avino Silver & Gold Mines had total debt of $6.0 million at the end of fiscal 2025, a debt-to-equity ratio of 0.03 and more cash than debt.
What is Avino Silver & Gold Mines's free cash flow yield?
Avino Silver & Gold Mines generated $1.1 million of free cash flow in fiscal 2025, a free cash flow yield of 0.1% on its market value at year-end ($980.0 million).
What is Avino Silver & Gold Mines's current ratio?
Avino Silver & Gold Mines's current ratio was 4.06 at the end of fiscal 2025: current assets were 4.06 times current liabilities.