IBC ADVANCED ALLOYS CORP (IB.CA) Stock Fundamental Analysis
TSX-V:IB - TSX Venture Exchange - CA44923T8683 - Common Stock - Currency: CAD
IB gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 822 industry peers in the Metals & Mining industry. While IB is still in line with the averages on profitability rating, there are concerns on its financial health. IB is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year IB has reported negative net income.
In the past year IB had a positive cash flow from operations.
In the past 5 years IB reported 4 times negative net income.
In multiple years IB reported negative operating cash flow during the last 5 years.
1.2 Ratios
The Return On Assets of IB (5.52%) is better than 92.00% of its industry peers.
With an excellent Return On Equity value of 29.40%, IB belongs to the best of the industry, outperforming 96.97% of the companies in the same industry.
IB has a Return On Invested Capital of 16.89%. This is amongst the best in the industry. IB outperforms 97.82% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for IB is below the industry average of 11.99%.
The last Return On Invested Capital (16.89%) for IB is above the 3 year average (8.59%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.52% | ||
| ROE | 29.4% | ||
| ROIC | 16.89% |
ROA(3y)-6.04%
ROA(5y)-6%
ROE(3y)-61.56%
ROE(5y)-45.38%
ROIC(3y)8.59%
ROIC(5y)N/A
1.3 Margins
IB has a Profit Margin of 2.94%. This is amongst the best in the industry. IB outperforms 90.67% of its industry peers.
IB's Operating Margin of 8.28% is amongst the best of the industry. IB outperforms 90.18% of its industry peers.
IB has a Gross Margin of 24.73%. This is amongst the best in the industry. IB outperforms 90.42% of its industry peers.
In the last couple of years the Gross Margin of IB has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.28% | ||
| PM (TTM) | 2.94% | ||
| GM | 24.73% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y7.81%
GM growth 5Y37.22%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so IB is still creating some value.
The number of shares outstanding for IB has been increased compared to 1 year ago.
IB has more shares outstanding than it did 5 years ago.
IB has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of -1.41, we must say that IB is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of IB (-1.41) is comparable to the rest of the industry.
The Debt to FCF ratio of IB is 2.42, which is a good value as it means it would take IB, 2.42 years of fcf income to pay off all of its debts.
IB has a Debt to FCF ratio of 2.42. This is amongst the best in the industry. IB outperforms 93.70% of its industry peers.
IB has a Debt/Equity ratio of 2.53. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of IB (2.53) is worse than 76.12% of its industry peers.
Although IB does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.53 | ||
| Debt/FCF | 2.42 | ||
| Altman-Z | -1.41 |
ROIC/WACC1.11
WACC15.2%
2.3 Liquidity
IB has a Current Ratio of 0.81. This is a bad value and indicates that IB is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.81, IB is doing worse than 60.85% of the companies in the same industry.
A Quick Ratio of 0.33 indicates that IB may have some problems paying its short term obligations.
IB's Quick ratio of 0.33 is on the low side compared to the rest of the industry. IB is outperformed by 69.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.81 | ||
| Quick Ratio | 0.33 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 103.08% over the past year.
Looking at the last year, IB shows a very strong growth in Revenue. The Revenue has grown by 38.68%.
Measured over the past years, IB shows a small growth in Revenue. The Revenue has been growing by 6.57% on average per year.
EPS 1Y (TTM)103.08%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%34.83%
Revenue 1Y (TTM)38.68%
Revenue growth 3Y5.58%
Revenue growth 5Y6.57%
Sales Q2Q%-26.5%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
IB's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. IB is cheaper than 97.94% of the companies in the same industry.
IB's Price/Free Cash Flow ratio is rather cheap when compared to the industry. IB is cheaper than 99.52% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.18 | ||
| EV/EBITDA | 2.75 |
4.3 Compensation for Growth
IB has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for IB!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX-V:IB (3/7/2025, 7:00:00 PM)
0.07
0 (0%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst OwnersN/A
Inst Owner ChangeN/A
Ins Owners26.39%
Ins Owner ChangeN/A
Market Cap7.94M
Analysts0
Price TargetN/A
Short Float %N/A
Short RatioN/A
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)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 0.14 | ||
| P/FCF | 1.18 | ||
| P/OCF | 1.07 | ||
| P/B | 1.36 | ||
| P/tB | 1.36 | ||
| EV/EBITDA | 2.75 |
EPS(TTM)0
EYN/A
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)0.06
FCFY84.96%
OCF(TTM)0.07
OCFY93.39%
SpS0.51
BVpS0.05
TBVpS0.05
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.52% | ||
| ROE | 29.4% | ||
| ROCE | 38.03% | ||
| ROIC | 16.89% | ||
| ROICexc | 18.14% | ||
| ROICexgc | 18.14% | ||
| OM | 8.28% | ||
| PM (TTM) | 2.94% | ||
| GM | 24.73% | ||
| FCFM | 11.59% |
ROA(3y)-6.04%
ROA(5y)-6%
ROE(3y)-61.56%
ROE(5y)-45.38%
ROIC(3y)8.59%
ROIC(5y)N/A
ROICexc(3y)8.94%
ROICexc(5y)N/A
ROICexgc(3y)8.94%
ROICexgc(5y)N/A
ROCE(3y)22.06%
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 3Y7.81%
GM growth 5Y37.22%
F-Score7
Asset Turnover1.88
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.53 | ||
| Debt/FCF | 2.42 | ||
| Debt/EBITDA | 2.7 | ||
| Cap/Depr | 106.14% | ||
| Cap/Sales | 1.15% | ||
| Interest Coverage | 1.31 | ||
| Cash Conversion | 135.96% | ||
| Profit Quality | 393.72% | ||
| Current Ratio | 0.81 | ||
| Quick Ratio | 0.33 | ||
| Altman-Z | -1.41 |
F-Score7
WACC15.2%
ROIC/WACC1.11
Cap/Depr(3y)123.98%
Cap/Depr(5y)119.16%
Cap/Sales(3y)6.42%
Cap/Sales(5y)6.31%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)103.08%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%34.83%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)38.68%
Revenue growth 3Y5.58%
Revenue growth 5Y6.57%
Sales Q2Q%-26.5%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y243.76%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y212.16%
FCF growth 3Y91.32%
FCF growth 5YN/A
OCF growth 1Y425.49%
OCF growth 3Y16.46%
OCF growth 5YN/A