IAMGOLD CORP (IAG) Stock Fundamental Analysis
NYSE:IAG - New York Stock Exchange, Inc. - CA4509131088 - Common Stock - Currency: USD
We assign a fundamental rating of 4 out of 10 to IAG. IAG was compared to 152 industry peers in the Metals & Mining industry. There are concerns on the financial health of IAG while its profitability can be described as average. IAG is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
IAG had positive earnings in the past year.
IAG had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: IAG reported negative net income in multiple years.
Each year in the past 5 years IAG had a positive operating cash flow.
1.2 Ratios
IAG has a Return On Assets of 15.25%. This is amongst the best in the industry. IAG outperforms 94.08% of its industry peers.
IAG has a Return On Equity of 24.56%. This is amongst the best in the industry. IAG outperforms 95.39% of its industry peers.
With a decent Return On Invested Capital value of 8.25%, IAG is doing good in the industry, outperforming 78.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.25% | ||
| ROE | 24.56% | ||
| ROIC | 8.25% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
IAG has a better Profit Margin (50.19%) than 99.34% of its industry peers.
Looking at the Operating Margin, with a value of 29.94%, IAG belongs to the top of the industry, outperforming 86.18% of the companies in the same industry.
With a decent Gross Margin value of 33.67%, IAG is doing good in the industry, outperforming 73.03% of the companies in the same industry.
IAG's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 29.94% | ||
| PM (TTM) | 50.19% | ||
| GM | 33.67% |
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so IAG is destroying value.
There is no outstanding debt for IAG. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
IAG has an Altman-Z score of 2.02. 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.
IAG's Altman-Z score of 2.02 is in line compared to the rest of the industry. IAG outperforms 46.71% of its industry peers.
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 63.82% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.02 |
ROIC/WACC0.97
WACC8.52%
2.3 Liquidity
IAG has a Current Ratio of 1.21. This is a normal value and indicates that IAG is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.21, IAG is doing worse than 78.95% of the companies in the same industry.
A Quick Ratio of 0.72 indicates that IAG may have some problems paying its short term obligations.
IAG has a worse Quick ratio (0.72) than 79.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.21 | ||
| Quick Ratio | 0.72 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 816.67% over the past year.
Measured over the past years, IAG shows a very strong growth in Earnings Per Share. The EPS has been growing by 122.40% on average per year.
IAG shows a strong growth in Revenue. In the last year, the Revenue has grown by 65.43%.
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)816.67%
EPS 3Y122.4%
EPS 5YN/A
EPS Q2Q%66.67%
Revenue 1Y (TTM)65.43%
Revenue growth 3Y23.1%
Revenue growth 5Y8.92%
Sales Q2Q%57.9%
3.2 Future
Based on estimates for the next years, IAG will show a decrease in Earnings Per Share. The EPS will decrease by -5.98% on average per year.
Based on estimates for the next years, IAG will show a small growth in Revenue. The Revenue will grow by 6.92% on average per year.
EPS Next Y39.33%
EPS Next 2Y24.94%
EPS Next 3Y14.77%
EPS Next 5Y-5.98%
Revenue Next Year36.02%
Revenue Next 2Y20.24%
Revenue Next 3Y6.92%
Revenue Next 5YN/A
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
The Price/Earnings ratio is 14.24, which indicates a correct valuation of IAG.
IAG's Price/Earnings ratio is rather cheap when compared to the industry. IAG is cheaper than 84.87% 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 28.29.
Based on the Price/Forward Earnings ratio of 10.22, the valuation of IAG can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of IAG indicates a rather cheap valuation: IAG is cheaper than 84.87% of the companies listed in the same industry.
IAG's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 21.08.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.24 | ||
| Fwd PE | 10.22 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, IAG is valued a bit cheaper than 78.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 6.95 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
IAG has a very decent profitability rating, which may justify a higher PE ratio.
IAG's earnings are expected to grow with 14.77% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.36
PEG (5Y)N/A
EPS Next 2Y24.94%
EPS Next 3Y14.77%
5. Dividend
5.1 Amount
IAG does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
7.83
-0.26 (-3.21%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners66.11%
Inst Owner Change0.62%
Ins Owners0.09%
Ins Owner ChangeN/A
Market Cap4.50B
Analysts75.38
Price Target7.95 (1.53%)
Short Float %1.58%
Short Ratio0.72
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)29.71%
Min EPS beat(2)-20.79%
Max EPS beat(2)80.22%
EPS beat(4)3
Avg EPS beat(4)137.84%
Min EPS beat(4)-20.79%
Max EPS beat(4)415.92%
EPS beat(8)7
Avg EPS beat(8)118.72%
EPS beat(12)8
Avg EPS beat(12)-71.91%
EPS beat(16)9
Avg EPS beat(16)-92.17%
Revenue beat(2)0
Avg Revenue beat(2)-2.99%
Min Revenue beat(2)-4.99%
Max Revenue beat(2)-0.99%
Revenue beat(4)2
Avg Revenue beat(4)5.66%
Min Revenue beat(4)-4.99%
Max Revenue beat(4)25.6%
Revenue beat(8)4
Avg Revenue beat(8)1.05%
Revenue beat(12)7
Avg Revenue beat(12)14.98%
Revenue beat(16)7
Avg Revenue beat(16)4.36%
PT rev (1m)2.01%
PT rev (3m)10.3%
EPS NQ rev (1m)1.92%
EPS NQ rev (3m)-55.83%
EPS NY rev (1m)-2.49%
EPS NY rev (3m)-5.33%
Revenue NQ rev (1m)3.08%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.12%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.24 | ||
| Fwd PE | 10.22 | ||
| P/S | 2.76 | ||
| P/FCF | N/A | ||
| P/OCF | 9.26 | ||
| P/B | 1.35 | ||
| P/tB | 1.35 | ||
| EV/EBITDA | 6.95 |
EPS(TTM)0.55
EY7.02%
EPS(NY)0.77
Fwd EY9.79%
FCF(TTM)-0.13
FCFYN/A
OCF(TTM)0.85
OCFY10.8%
SpS2.84
BVpS5.8
TBVpS5.8
PEG (NY)0.36
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.25% | ||
| ROE | 24.56% | ||
| ROCE | 10.14% | ||
| ROIC | 8.25% | ||
| ROICexc | 8.89% | ||
| ROICexgc | 8.89% | ||
| OM | 29.94% | ||
| PM (TTM) | 50.19% | ||
| GM | 33.67% | ||
| FCFM | N/A |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
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 Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 1.47 | ||
| Cap/Depr | 203.13% | ||
| Cap/Sales | 34.21% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 63.69% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.21 | ||
| Quick Ratio | 0.72 | ||
| Altman-Z | 2.02 |
F-Score6
WACC8.52%
ROIC/WACC0.97
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)816.67%
EPS 3Y122.4%
EPS 5YN/A
EPS Q2Q%66.67%
EPS Next Y39.33%
EPS Next 2Y24.94%
EPS Next 3Y14.77%
EPS Next 5Y-5.98%
Revenue 1Y (TTM)65.43%
Revenue growth 3Y23.1%
Revenue growth 5Y8.92%
Sales Q2Q%57.9%
Revenue Next Year36.02%
Revenue Next 2Y20.24%
Revenue Next 3Y6.92%
Revenue Next 5YN/A
EBIT growth 1Y1568.6%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year39.38%
EBIT Next 3Y14.61%
EBIT Next 5Y1.83%
FCF growth 1Y90.37%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y206.75%
OCF growth 3Y19.51%
OCF growth 5Y6.03%