IAMGOLD CORP (IAG) Stock Fundamental Analysis
NYSE:IAG - New York Stock Exchange, Inc. - CA4509131088 - Common Stock - Currency: USD
IAG gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 155 industry peers in the Metals & Mining industry. IAG scores excellent on profitability, but there are 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.
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
The Return On Assets of IAG (14.93%) is better than 94.19% of its industry peers.
IAG has a Return On Equity of 23.71%. This is amongst the best in the industry. IAG outperforms 94.84% of its industry peers.
Looking at the Return On Invested Capital, with a value of 8.53%, IAG is in the better half of the industry, outperforming 78.06% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for IAG is significantly below the industry average of 11.61%.
The last Return On Invested Capital (8.53%) for IAG is above the 3 year average (3.41%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.93% | ||
| ROE | 23.71% | ||
| ROIC | 8.53% |
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
IAG's Profit Margin of 45.42% is amongst the best of the industry. IAG outperforms 97.42% of its industry peers.
Looking at the Operating Margin, with a value of 29.03%, IAG belongs to the top of the industry, outperforming 83.87% of the companies in the same industry.
IAG's Gross Margin of 33.05% is fine compared to the rest of the industry. IAG outperforms 73.55% of its industry peers.
IAG's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 29.03% | ||
| PM (TTM) | 45.42% | ||
| GM | 33.05% |
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), IAG is destroying value.
The number of shares outstanding for IAG has been increased compared to 1 year ago.
Compared to 5 years ago, IAG has more shares outstanding
Compared to 1 year ago, IAG has a worse debt to assets ratio.
2.2 Solvency
IAG has an Altman-Z score of 1.97. 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 has a Altman-Z score of 1.97. This is in the lower half of the industry: IAG underperforms 61.29% of its industry peers.
The Debt to FCF ratio of IAG is 86.36, which is on the high side as it means it would take IAG, 86.36 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of IAG (86.36) is comparable to the rest of the industry.
A Debt/Equity ratio of 0.33 indicates that IAG is not too dependend on debt financing.
IAG's Debt to Equity ratio of 0.33 is on the low side compared to the rest of the industry. IAG is outperformed by 63.23% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 86.36 | ||
| Altman-Z | 1.97 |
ROIC/WACC0.99
WACC8.65%
2.3 Liquidity
IAG has a Current Ratio of 1.41. This is a normal value and indicates that IAG is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.41, IAG is not doing good in the industry: 74.84% of the companies in the same industry are doing better.
IAG has a Quick Ratio of 1.41. This is a bad value and indicates that IAG is not financially healthy enough and could expect problems in meeting its short term obligations.
IAG has a worse Quick ratio (0.83) than 78.06% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.41 | ||
| Quick Ratio | 0.83 |
3. Growth
3.1 Past
IAG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 260.00%, which is quite impressive.
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.
The Revenue has grown by 61.05% in the past year. This is a very strong growth!
IAG shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.92% yearly.
EPS 1Y (TTM)260%
EPS 3Y122.4%
EPS 5YN/A
EPS Q2Q%-9.09%
Revenue 1Y (TTM)61.05%
Revenue growth 3Y23.1%
Revenue growth 5Y8.92%
Sales Q2Q%40.78%
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.
IAG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.87% yearly.
EPS Next Y39.33%
EPS Next 2Y24.94%
EPS Next 3Y14.77%
EPS Next 5Y-5.98%
Revenue Next Year46.81%
Revenue Next 2Y26.4%
Revenue Next 3Y14.07%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 13.06, which indicates a correct valuation of IAG.
IAG's Price/Earnings ratio is rather cheap when compared to the industry. IAG is cheaper than 89.68% of the companies in the same industry.
IAG's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.30.
Based on the Price/Forward Earnings ratio of 8.21, the valuation of IAG can be described as reasonable.
84.52% of the companies in the same industry are more expensive than IAG, based on the Price/Forward Earnings ratio.
IAG is valuated cheaply when we compare the Price/Forward Earnings ratio to 21.76, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.06 | ||
| Fwd PE | 8.21 |
4.2 Price Multiples
IAG's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. IAG is cheaper than 85.81% of the companies in the same industry.
IAG's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 304.82 | ||
| EV/EBITDA | 5.98 |
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)0.33
PEG (5Y)N/A
EPS Next 2Y24.94%
EPS Next 3Y14.77%
5. Dividend
5.1 Amount
No dividends for IAG!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
7.05
+0.1 (+1.44%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners69.14%
Inst Owner Change0%
Ins Owners0.11%
Ins Owner ChangeN/A
Market Cap4.05B
Analysts75.71
Price Target10.1 (43.26%)
Short Float %2.82%
Short Ratio0.97
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)-5.39%
Min EPS beat(2)-20.79%
Max EPS beat(2)10.01%
EPS beat(4)3
Avg EPS beat(4)36.36%
Min EPS beat(4)-20.79%
Max EPS beat(4)80.22%
EPS beat(8)7
Avg EPS beat(8)95.93%
EPS beat(12)8
Avg EPS beat(12)-88.71%
EPS beat(16)10
Avg EPS beat(16)-86.77%
Revenue beat(2)0
Avg Revenue beat(2)-7.17%
Min Revenue beat(2)-9.35%
Max Revenue beat(2)-4.99%
Revenue beat(4)1
Avg Revenue beat(4)-3.08%
Min Revenue beat(4)-9.35%
Max Revenue beat(4)3.02%
Revenue beat(8)4
Avg Revenue beat(8)1.13%
Revenue beat(12)6
Avg Revenue beat(12)13.73%
Revenue beat(16)7
Avg Revenue beat(16)4.26%
PT rev (1m)2.95%
PT rev (3m)27.06%
EPS NQ rev (1m)-7.5%
EPS NQ rev (3m)2.78%
EPS NY rev (1m)0%
EPS NY rev (3m)17.86%
Revenue NQ rev (1m)13.28%
Revenue NQ rev (3m)4.5%
Revenue NY rev (1m)0%
Revenue NY rev (3m)7.93%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.06 | ||
| Fwd PE | 8.21 | ||
| P/S | 2.29 | ||
| P/FCF | 304.82 | ||
| P/OCF | 8.38 | ||
| P/B | 1.2 | ||
| P/tB | 1.2 | ||
| EV/EBITDA | 5.98 |
EPS(TTM)0.54
EY7.66%
EPS(NY)0.86
Fwd EY12.18%
FCF(TTM)0.02
FCFY0.33%
OCF(TTM)0.84
OCFY11.93%
SpS3.08
BVpS5.9
TBVpS5.9
PEG (NY)0.33
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.93% | ||
| ROE | 23.71% | ||
| ROCE | 10.48% | ||
| ROIC | 8.53% | ||
| ROICexc | 9.12% | ||
| ROICexgc | 9.12% | ||
| OM | 29.03% | ||
| PM (TTM) | 45.42% | ||
| GM | 33.05% | ||
| FCFM | 0.75% |
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 Turnover0.33
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 86.36 | ||
| Debt/EBITDA | 1.39 | ||
| Cap/Depr | 160.77% | ||
| Cap/Sales | 26.56% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 59.96% | ||
| Profit Quality | 1.65% | ||
| Current Ratio | 1.41 | ||
| Quick Ratio | 0.83 | ||
| Altman-Z | 1.97 |
F-Score6
WACC8.65%
ROIC/WACC0.99
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)260%
EPS 3Y122.4%
EPS 5YN/A
EPS Q2Q%-9.09%
EPS Next Y39.33%
EPS Next 2Y24.94%
EPS Next 3Y14.77%
EPS Next 5Y-5.98%
Revenue 1Y (TTM)61.05%
Revenue growth 3Y23.1%
Revenue growth 5Y8.92%
Sales Q2Q%40.78%
Revenue Next Year46.81%
Revenue Next 2Y26.4%
Revenue Next 3Y14.07%
Revenue Next 5Y6.87%
EBIT growth 1Y415.13%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year48.25%
EBIT Next 3Y15.35%
EBIT Next 5Y5.87%
FCF growth 1Y102.48%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y90.73%
OCF growth 3Y19.51%
OCF growth 5Y6.03%