IAMGOLD CORP (IAG) Stock Fundamental Analysis
NYSE:IAG - New York Stock Exchange, Inc. - CA4509131088 - Common Stock - Currency: USD
Overall IAG gets a fundamental rating of 5 out of 10. We evaluated IAG against 150 industry peers in the Metals & Mining industry. IAG has a medium profitability rating, but doesn't score so well on its financial health evaluation. IAG is growing strongly while it also seems undervalued. This is an interesting combination
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.
In multiple years IAG reported negative net income over the last 5 years.
In the past 5 years IAG always reported a positive cash flow from operatings.
1.2 Ratios
IAG has a Return On Assets of 15.25%. This is amongst the best in the industry. IAG outperforms 95.07% of its industry peers.
Looking at the Return On Equity, with a value of 24.56%, IAG belongs to the top of the industry, outperforming 95.77% of the companies in the same industry.
IAG has a Return On Invested Capital of 8.25%. This is in the better half of the industry: IAG outperforms 78.87% of its industry peers.
| 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 98.59% of its industry peers.
With an excellent Operating Margin value of 29.94%, IAG belongs to the best of the industry, outperforming 87.32% of the companies in the same industry.
IAG has a Gross Margin of 33.67%. This is in the better half of the industry: IAG outperforms 74.65% of its industry peers.
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), IAG is destroying value.
IAG has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
Based on the Altman-Z score of 1.63, we must say that IAG is in the distress zone and has some risk of bankruptcy.
IAG has a worse Altman-Z score (1.63) than 62.68% of its industry peers.
IAG has a Debt/Equity ratio of 0.34. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.34, IAG is doing worse than 64.79% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.63 |
ROIC/WACC0.88
WACC9.41%
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 82.39% 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 Quick ratio of 0.72. This is amonst the worse of the industry: IAG underperforms 83.80% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.21 | ||
| Quick Ratio | 0.72 |
3. Growth
3.1 Past
IAG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 816.67%, 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 65.43%.
The Revenue has been growing by 8.92% on average over the past years. This is quite good.
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
The Earnings Per Share is expected to decrease by -5.98% on average over the next years.
Based on estimates for the next years, IAG will show a very strong growth in Revenue. The Revenue will grow by 22.87% on average per year.
EPS Next Y42.89%
EPS Next 2Y38.32%
EPS Next 3Y23.81%
EPS Next 5Y-5.98%
Revenue Next Year40%
Revenue Next 2Y22.87%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 10.07, the valuation of IAG can be described as reasonable.
89.44% of the companies in the same industry are more expensive than IAG, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 29.75, IAG is valued rather cheaply.
IAG is valuated cheaply with a Price/Forward Earnings ratio of 7.05.
Based on the Price/Forward Earnings ratio, IAG is valued cheaply inside the industry as 90.85% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of IAG to the average of the S&P500 Index (22.44), we can say IAG is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.07 | ||
| Fwd PE | 7.05 |
4.2 Price Multiples
83.80% of the companies in the same industry are more expensive than IAG, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 5.2 |
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.
The decent profitability rating of IAG may justify a higher PE ratio.
IAG's earnings are expected to grow with 23.81% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.23
PEG (5Y)N/A
EPS Next 2Y38.32%
EPS Next 3Y23.81%
5. Dividend
5.1 Amount
IAG does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
5.54
+0.02 (+0.36%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners66.11%
Inst Owner Change6.87%
Ins Owners0.09%
Ins Owner ChangeN/A
Market Cap3.17B
Analysts73.85
Price Target7.2 (29.96%)
Short Float %1.17%
Short Ratio0.59
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)-6.63%
Min Revenue beat(2)-12.28%
Max Revenue beat(2)-0.99%
Revenue beat(4)2
Avg Revenue beat(4)3.84%
Min Revenue beat(4)-12.28%
Max Revenue beat(4)25.6%
Revenue beat(8)4
Avg Revenue beat(8)0.14%
Revenue beat(12)7
Avg Revenue beat(12)14.38%
Revenue beat(16)7
Avg Revenue beat(16)3.9%
PT rev (1m)0%
PT rev (3m)1.74%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-27.78%
EPS NY rev (1m)-1.09%
EPS NY rev (3m)-2.91%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)1.44%
Revenue NY rev (3m)-0.21%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.07 | ||
| Fwd PE | 7.05 | ||
| P/S | 1.94 | ||
| P/FCF | N/A | ||
| P/OCF | 6.51 | ||
| P/B | 0.95 | ||
| P/tB | 0.95 | ||
| EV/EBITDA | 5.2 |
EPS(TTM)0.55
EY9.93%
EPS(NY)0.79
Fwd EY14.19%
FCF(TTM)-0.13
FCFYN/A
OCF(TTM)0.85
OCFY15.37%
SpS2.86
BVpS5.84
TBVpS5.84
PEG (NY)0.23
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 | 1.63 |
F-Score6
WACC9.41%
ROIC/WACC0.88
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 Y42.89%
EPS Next 2Y38.32%
EPS Next 3Y23.81%
EPS Next 5Y-5.98%
Revenue 1Y (TTM)65.43%
Revenue growth 3Y23.1%
Revenue growth 5Y8.92%
Sales Q2Q%57.9%
Revenue Next Year40%
Revenue Next 2Y22.87%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y1568.6%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year37.83%
EBIT Next 3Y3.52%
EBIT Next 5Y1.65%
FCF growth 1Y90.37%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y206.75%
OCF growth 3Y19.51%
OCF growth 5Y6.03%