IAMGOLD CORP (IAG) Stock Fundamental Analysis
USA - NYSE:IAG - CA4509131088 - Common Stock
11.03 USD
+0.02 (+0.18%)
11.02 USD
-0.01 (-0.09%)
We assign a fundamental rating of 5 out of 10 to IAG. IAG was compared to 156 industry peers in the Metals & Mining industry. While IAG has a great profitability rating, there are quite some concerns on its financial health. IAG is valued quite cheap, while showing a decent growth score. This is a good combination!
1. Profitability
1.1 Basic Checks
In the past year IAG was profitable.
In the past year IAG had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: IAG reported negative net income in multiple years.
In the past 5 years IAG always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of IAG (14.99%) is better than 95.51% of its industry peers.
The Return On Equity of IAG (23.26%) is better than 95.51% of its industry peers.
IAG has a better Return On Invested Capital (9.22%) than 78.85% of its industry peers.
IAG had an Average Return On Invested Capital over the past 3 years of 3.41%. This is significantly below the industry average of 12.92%.
The last Return On Invested Capital (9.22%) for IAG is above the 3 year average (3.41%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.99% | ||
| ROE | 23.26% | ||
| ROIC | 9.22% |
ROA(3y)5.25%
ROA(5y)2.07%
ROE(3y)8.52%
ROE(5y)3.18%
ROIC(3y)3.41%
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 40.61%, IAG belongs to the top of the industry, outperforming 96.79% of the companies in the same industry.
The Operating Margin of IAG (28.32%) is better than 82.05% of its industry peers.
The Gross Margin of IAG (32.21%) is better than 70.51% of its industry peers.
IAG's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 28.32% | ||
| PM (TTM) | 40.61% | ||
| GM | 32.21% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y67.98%
GM growth 5Y38.81%
2. Health
2.1 Basic Checks
IAG has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for IAG has been increased compared to 1 year ago.
IAG has more shares outstanding than it did 5 years ago.
IAG has a worse debt/assets ratio than last year.
2.2 Solvency
IAG has an Altman-Z score of 2.85. This is not the best score and indicates that IAG is in the grey zone with still only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.85, IAG is in line with its industry, outperforming 51.28% of the companies in the same industry.
IAG has a debt to FCF ratio of 35.78. This is a negative value and a sign of low solvency as IAG would need 35.78 years to pay back of all of its debts.
IAG has a Debt to FCF ratio (35.78) which is comparable to the rest of the industry.
A Debt/Equity ratio of 0.34 indicates that IAG is not too dependend on debt financing.
The Debt to Equity ratio of IAG (0.34) is worse than 65.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 35.78 | ||
| Altman-Z | 2.85 |
ROIC/WACC1.04
WACC8.87%
2.3 Liquidity
IAG has a Current Ratio of 1.47. This is a normal value and indicates that IAG is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of IAG (1.47) is worse than 70.51% of its industry peers.
A Quick Ratio of 0.76 indicates that IAG may have some problems paying its short term obligations.
IAG has a Quick ratio of 0.76. This is in the lower half of the industry: IAG underperforms 79.49% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.47 | ||
| Quick Ratio | 0.76 |
3. Growth
3.1 Past
IAG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 59.38%, which is quite impressive.
The Earnings Per Share has been growing by 122.40% on average over the past years. This is a very strong growth
IAG shows a strong growth in Revenue. In the last year, the Revenue has grown by 57.81%.
Measured over the past years, IAG shows a quite strong growth in Revenue. The Revenue has been growing by 8.92% on average per year.
EPS 1Y (TTM)59.38%
EPS 3Y122.4%
EPS 5YN/A
EPS Q2Q%-18.75%
Revenue 1Y (TTM)57.81%
Revenue growth 3Y23.1%
Revenue growth 5Y8.92%
Sales Q2Q%50.77%
3.2 Future
IAG is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -5.98% yearly.
Based on estimates for the next years, IAG will show a small growth in Revenue. The Revenue will grow by 6.87% on average per year.
EPS Next Y51.87%
EPS Next 2Y51.63%
EPS Next 3Y23.12%
EPS Next 5Y-5.98%
Revenue Next Year57.11%
Revenue Next 2Y34.59%
Revenue Next 3Y17.95%
Revenue Next 5Y6.87%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 21.63 indicates a rather expensive valuation of IAG.
Based on the Price/Earnings ratio, IAG is valued a bit cheaper than 78.85% of the companies in the same industry.
IAG's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.20.
With a Price/Forward Earnings ratio of 8.72, the valuation of IAG can be described as very reasonable.
IAG's Price/Forward Earnings ratio is rather cheap when compared to the industry. IAG is cheaper than 88.46% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of IAG to the average of the S&P500 Index (22.71), we can say IAG is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.63 | ||
| Fwd PE | 8.72 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of IAG indicates a rather cheap valuation: IAG is cheaper than 82.05% of the companies listed in the same industry.
IAG's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 190.5 | ||
| EV/EBITDA | 8.2 |
4.3 Compensation for Growth
IAG's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of IAG may justify a higher PE ratio.
A more expensive valuation may be justified as IAG's earnings are expected to grow with 23.12% in the coming years.
PEG (NY)0.42
PEG (5Y)N/A
EPS Next 2Y51.63%
EPS Next 3Y23.12%
5. Dividend
5.1 Amount
IAG does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
11.03
+0.02 (+0.18%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners69.14%
Inst Owner Change10.63%
Ins Owners0.11%
Ins Owner ChangeN/A
Market Cap6.34B
Analysts75.71
Price Target11.06 (0.27%)
Short Float %2.08%
Short Ratio0.95
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-2.41%
Min EPS beat(2)-14.82%
Max EPS beat(2)10.01%
EPS beat(4)2
Avg EPS beat(4)13.65%
Min EPS beat(4)-20.79%
Max EPS beat(4)80.22%
EPS beat(8)6
Avg EPS beat(8)92.22%
EPS beat(12)8
Avg EPS beat(12)-78%
EPS beat(16)10
Avg EPS beat(16)-67.7%
Revenue beat(2)1
Avg Revenue beat(2)-3.41%
Min Revenue beat(2)-9.35%
Max Revenue beat(2)2.53%
Revenue beat(4)1
Avg Revenue beat(4)-3.2%
Min Revenue beat(4)-9.35%
Max Revenue beat(4)2.53%
Revenue beat(8)4
Avg Revenue beat(8)1.38%
Revenue beat(12)7
Avg Revenue beat(12)14.31%
Revenue beat(16)8
Avg Revenue beat(16)4.72%
PT rev (1m)1.02%
PT rev (3m)10.21%
EPS NQ rev (1m)18.88%
EPS NQ rev (3m)27.78%
EPS NY rev (1m)9%
EPS NY rev (3m)9%
Revenue NQ rev (1m)1.1%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)4.65%
Revenue NY rev (3m)7.02%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.63 | ||
| Fwd PE | 8.72 | ||
| P/S | 3.23 | ||
| P/FCF | 190.5 | ||
| P/OCF | 15.51 | ||
| P/B | 1.85 | ||
| P/tB | 1.85 | ||
| EV/EBITDA | 8.2 |
EPS(TTM)0.51
EY4.62%
EPS(NY)1.26
Fwd EY11.46%
FCF(TTM)0.06
FCFY0.52%
OCF(TTM)0.71
OCFY6.45%
SpS3.42
BVpS5.97
TBVpS5.97
PEG (NY)0.42
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.99% | ||
| ROE | 23.26% | ||
| ROCE | 11.33% | ||
| ROIC | 9.22% | ||
| ROICexc | 9.66% | ||
| ROICexgc | 9.66% | ||
| OM | 28.32% | ||
| PM (TTM) | 40.61% | ||
| GM | 32.21% | ||
| FCFM | 1.69% |
ROA(3y)5.25%
ROA(5y)2.07%
ROE(3y)8.52%
ROE(5y)3.18%
ROIC(3y)3.41%
ROIC(5y)N/A
ROICexc(3y)3.46%
ROICexc(5y)N/A
ROICexgc(3y)3.46%
ROICexgc(5y)N/A
ROCE(3y)4.18%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y67.98%
GM growth 5Y38.81%
F-Score6
Asset Turnover0.37
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 35.78 | ||
| Debt/EBITDA | 1.3 | ||
| Cap/Depr | 112.82% | ||
| Cap/Sales | 19.11% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 45.97% | ||
| Profit Quality | 4.17% | ||
| Current Ratio | 1.47 | ||
| Quick Ratio | 0.76 | ||
| Altman-Z | 2.85 |
F-Score6
WACC8.87%
ROIC/WACC1.04
Cap/Depr(3y)306.69%
Cap/Depr(5y)241.59%
Cap/Sales(3y)67.93%
Cap/Sales(5y)59.72%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)59.38%
EPS 3Y122.4%
EPS 5YN/A
EPS Q2Q%-18.75%
EPS Next Y51.87%
EPS Next 2Y51.63%
EPS Next 3Y23.12%
EPS Next 5Y-5.98%
Revenue 1Y (TTM)57.81%
Revenue growth 3Y23.1%
Revenue growth 5Y8.92%
Sales Q2Q%50.77%
Revenue Next Year57.11%
Revenue Next 2Y34.59%
Revenue Next 3Y17.95%
Revenue Next 5Y6.87%
EBIT growth 1Y139.84%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year48.25%
EBIT Next 3Y15.35%
EBIT Next 5Y5.38%
FCF growth 1Y106.05%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y109.9%
OCF growth 3Y19.51%
OCF growth 5Y6.03%