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IVANHOE ELECTRIC INC / US (IE.CA) Stock Fundamental Analysis

TSX:IE - Toronto Stock Exchange - US46578C1080 - Common Stock - Currency: CAD

8.66  +0.04 (+0.46%)

Fundamental Rating

2

Taking everything into account, IE scores 2 out of 10 in our fundamental rating. IE was compared to 832 industry peers in the Metals & Mining industry. IE has a bad profitability rating. Also its financial health evaluation is rather negative. IE does not seem to be growing, but still is valued expensively.


Dividend Valuation Growth Profitability Health

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1

1. Profitability

1.1 Basic Checks

IE had negative earnings in the past year.
IE had a negative operating cash flow in the past year.
IE had negative earnings in each of the past 5 years.
In the past 5 years IE always reported negative operating cash flow.
IE.CA Yearly Net Income VS EBIT VS OCF VS FCFIE.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2019 2020 2021 2022 2023 -50M -100M -150M -200M

1.2 Ratios

IE has a Return On Assets of -51.33%. This is in the lower half of the industry: IE underperforms 68.81% of its industry peers.
With a Return On Equity value of -77.05%, IE is not doing good in the industry: 67.07% of the companies in the same industry are doing better.
Industry RankSector Rank
ROA -51.33%
ROE -77.05%
ROIC N/A
ROA(3y)-45.69%
ROA(5y)N/A
ROE(3y)-132.11%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
IE.CA Yearly ROA, ROE, ROICIE.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2019 2020 2021 2022 2023 -50 -100 -150 -200 -250

1.3 Margins

Looking at the Gross Margin, with a value of 43.86%, IE belongs to the top of the industry, outperforming 94.38% of the companies in the same industry.
IE's Gross Margin has declined in the last couple of years.
The Profit Margin and Operating Margin are not available for IE so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 43.86%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-27.43%
GM growth 5YN/A
IE.CA Yearly Profit, Operating, Gross MarginsIE.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2019 2020 2021 2022 2023 0 -1K -2K -3K -4K -5K

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3

2. Health

2.1 Basic Checks

IE does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for IE has been increased compared to 1 year ago.
Compared to 1 year ago, IE has a worse debt to assets ratio.
IE.CA Yearly Shares OutstandingIE.CA Yearly Shares OutstandingYearly Shares Outstanding 2020 2021 2022 2023 20M 40M 60M 80M 100M
IE.CA Yearly Total Debt VS Total AssetsIE.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2020 2021 2022 2023 100M 200M 300M 400M

2.2 Solvency

IE has an Altman-Z score of -0.10. This is a bad value and indicates that IE is not financially healthy and even has some risk of bankruptcy.
IE's Altman-Z score of -0.10 is in line compared to the rest of the industry. IE outperforms 41.10% of its industry peers.
IE has a Debt/Equity ratio of 0.27. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.27, IE is not doing good in the industry: 75.23% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 0.27
Debt/FCF N/A
Altman-Z -0.1
ROIC/WACCN/A
WACC10.8%
IE.CA Yearly LT Debt VS Equity VS FCFIE.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2019 2020 2021 2022 2023 0 200M -200M

2.3 Liquidity

IE has a Current Ratio of 2.50. This indicates that IE is financially healthy and has no problem in meeting its short term obligations.
IE has a Current ratio of 2.50. This is comparable to the rest of the industry: IE outperforms 58.23% of its industry peers.
IE has a Quick Ratio of 2.50. This indicates that IE is financially healthy and has no problem in meeting its short term obligations.
IE has a better Quick ratio (2.50) than 60.51% of its industry peers.
Industry RankSector Rank
Current Ratio 2.5
Quick Ratio 2.5
IE.CA Yearly Current Assets VS Current LiabilitesIE.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2020 2021 2022 2023 50M 100M 150M 200M

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2

3. Growth

3.1 Past

The Earnings Per Share has grown by an nice 18.35% over the past year.
IE shows a strong growth in Revenue. In the last year, the Revenue has grown by 29.60%.
Measured over the past years, IE shows a decrease in Revenue. The Revenue has been decreasing by -5.56% on average per year.
EPS 1Y (TTM)18.35%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%51.35%
Revenue 1Y (TTM)29.6%
Revenue growth 3Y-5.56%
Revenue growth 5YN/A
Sales Q2Q%180.75%

3.2 Future

Based on estimates for the next years, IE will show a small growth in Earnings Per Share. The EPS will grow by 5.17% on average per year.
The Revenue is expected to decrease by -8.00% on average over the next years.
EPS Next Y20.51%
EPS Next 2Y30.17%
EPS Next 3Y19.3%
EPS Next 5Y5.17%
Revenue Next Year-29.95%
Revenue Next 2Y8.53%
Revenue Next 3Y5.87%
Revenue Next 5Y-8%

3.3 Evolution

The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
IE.CA Yearly Revenue VS EstimatesIE.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 200M 400M 600M 800M 1B
IE.CA Yearly EPS VS EstimatesIE.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 1 -1 2 3

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0

4. Valuation

4.1 Price/Earnings Ratio

IE reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Also next year IE is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
IE.CA Price Earnings VS Forward Price EarningsIE.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 40 60 80

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
IE.CA Per share dataIE.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 1 -1 2 -2

4.3 Compensation for Growth

A more expensive valuation may be justified as IE's earnings are expected to grow with 19.30% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y30.17%
EPS Next 3Y19.3%

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0

5. Dividend

5.1 Amount

No dividends for IE!.
Industry RankSector Rank
Dividend Yield N/A

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IVANHOE ELECTRIC INC / US

TSX:IE (2/3/2025, 7:00:00 PM)

8.66

+0.04 (+0.46%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)11-08 2024-11-08/bmo
Earnings (Next)N/A N/A
Inst Owners59.39%
Inst Owner ChangeN/A
Ins Owners8.99%
Ins Owner ChangeN/A
Market Cap1.04B
Analysts85.71
Price Target22.57 (160.62%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector 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)0
Avg EPS beat(2)-91.62%
Min EPS beat(2)-99.28%
Max EPS beat(2)-83.95%
EPS beat(4)0
Avg EPS beat(4)-109.92%
Min EPS beat(4)-155.2%
Max EPS beat(4)-83.95%
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)0
Avg Revenue beat(2)-41.31%
Min Revenue beat(2)-47.77%
Max Revenue beat(2)-34.85%
Revenue beat(4)0
Avg Revenue beat(4)-41.64%
Min Revenue beat(4)-65.05%
Max Revenue beat(4)-18.88%
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)-9.59%
PT rev (3m)-1.76%
EPS NQ rev (1m)-99.5%
EPS NQ rev (3m)-124.44%
EPS NY rev (1m)-13.81%
EPS NY rev (3m)-28.01%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-32.33%
Revenue NY rev (3m)-24.11%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 222.84
P/FCF N/A
P/OCF N/A
P/B 2.89
P/tB 2.89
EV/EBITDA N/A
EPS(TTM)-2.3
EYN/A
EPS(NY)-0.85
Fwd EYN/A
FCF(TTM)-2.67
FCFYN/A
OCF(TTM)-2.1
OCFYN/A
SpS0.04
BVpS3
TBVpS3
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -51.33%
ROE -77.05%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 43.86%
FCFM N/A
ROA(3y)-45.69%
ROA(5y)N/A
ROE(3y)-132.11%
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 3Y-27.43%
GM growth 5YN/A
F-Score3
Asset Turnover0.01
Health
Industry RankSector Rank
Debt/Equity 0.27
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 2023.16%
Cap/Sales 1458.67%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 2.5
Quick Ratio 2.5
Altman-Z -0.1
F-Score3
WACC10.8%
ROIC/WACCN/A
Cap/Depr(3y)1532.23%
Cap/Depr(5y)1022.81%
Cap/Sales(3y)1008.23%
Cap/Sales(5y)698.49%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)18.35%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%51.35%
EPS Next Y20.51%
EPS Next 2Y30.17%
EPS Next 3Y19.3%
EPS Next 5Y5.17%
Revenue 1Y (TTM)29.6%
Revenue growth 3Y-5.56%
Revenue growth 5YN/A
Sales Q2Q%180.75%
Revenue Next Year-29.95%
Revenue Next 2Y8.53%
Revenue Next 3Y5.87%
Revenue Next 5Y-8%
EBIT growth 1Y-10.31%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year-11.33%
EBIT Next 3Y20.93%
EBIT Next 5YN/A
FCF growth 1Y-55.45%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-80.18%
OCF growth 3YN/A
OCF growth 5YN/A