IAMGOLD CORP (IMG.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:IMG - CA4509131088 - Common Stock
28.69 CAD
+1.1 (+3.99%)
IMG gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 820 industry peers in the Metals & Mining industry. While IMG has a great profitability rating, there are some minor concerns on its financial health. IMG has both an excellent growth and valuation score. This means it is growing and it is still cheap. This is a rare combination!
1. Profitability
1.1 Basic Checks
- IMG had positive earnings in the past year.
- In the past year IMG had a positive cash flow from operations.
- The reported net income has been mixed in the past 5 years: IMG reported negative net income in multiple years.
- Each year in the past 5 years IMG had a positive operating cash flow.
1.2 Ratios
- The Return On Assets of IMG (6.40%) is better than 90.45% of its industry peers.
- The Return On Equity of IMG (9.65%) is better than 90.82% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 10.85%, IMG belongs to the top of the industry, outperforming 94.49% of the companies in the same industry.
- The Average Return On Invested Capital over the past 3 years for IMG is significantly below the industry average of 12.04%.
- The 3 year average ROIC (3.41%) for IMG is below the current ROIC(10.85%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.4% | ||
| ROE | 9.65% | ||
| ROIC | 10.85% |
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
- IMG has a better Profit Margin (15.39%) than 93.27% of its industry peers.
- IMG's Operating Margin of 29.64% is amongst the best of the industry. IMG outperforms 94.37% of its industry peers.
- The Gross Margin of IMG (33.27%) is better than 91.68% of its industry peers.
- In the last couple of years the Gross Margin of IMG has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 29.64% | ||
| PM (TTM) | 15.39% | ||
| GM | 33.27% |
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 just above the Cost of Capital (WACC), so IMG is still creating some value.
- Compared to 1 year ago, IMG has more shares outstanding
- The number of shares outstanding for IMG has been increased compared to 5 years ago.
- Compared to 1 year ago, IMG has a worse debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 4.98 indicates that IMG is not in any danger for bankruptcy at the moment.
- IMG has a Altman-Z score (4.98) which is comparable to the rest of the industry.
- IMG has a debt to FCF ratio of 5.03. This is a neutral value as IMG would need 5.03 years to pay back of all of its debts.
- IMG has a Debt to FCF ratio of 5.03. This is amongst the best in the industry. IMG outperforms 90.94% of its industry peers.
- IMG has a Debt/Equity ratio of 0.30. This is a healthy value indicating a solid balance between debt and equity.
- Looking at the Debt to Equity ratio, with a value of 0.30, IMG is doing worse than 69.03% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | 5.03 | ||
| Altman-Z | 4.98 |
ROIC/WACC1.13
WACC9.57%
2.3 Liquidity
- A Current Ratio of 1.68 indicates that IMG should not have too much problems paying its short term obligations.
- IMG has a Current ratio (1.68) which is comparable to the rest of the industry.
- A Quick Ratio of 0.95 indicates that IMG may have some problems paying its short term obligations.
- IMG has a Quick ratio of 0.95. This is comparable to the rest of the industry: IMG outperforms 42.23% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.68 | ||
| Quick Ratio | 0.95 |
3. Growth
3.1 Past
- IMG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 23.53%, 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
- The Revenue has grown by 52.98% in the past year. This is a very strong growth!
- The Revenue has been growing by 8.92% on average over the past years. This is quite good.
EPS 1Y (TTM)23.53%
EPS 3Y122.4%
EPS 5YN/A
EPS Q2Q%66.67%
Revenue 1Y (TTM)52.98%
Revenue growth 3Y23.1%
Revenue growth 5Y8.92%
Sales Q2Q%61.02%
3.2 Future
- Based on estimates for the next years, IMG will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.47% on average per year.
- Based on estimates for the next years, IMG will show a quite strong growth in Revenue. The Revenue will grow by 15.43% on average per year.
EPS Next Y73.03%
EPS Next 2Y79.83%
EPS Next 3Y49.83%
EPS Next 5Y12.47%
Revenue Next Year63.31%
Revenue Next 2Y47.18%
Revenue Next 3Y27.76%
Revenue Next 5Y15.43%
3.3 Evolution
- Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past 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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 32.98, which means the current valuation is very expensive for IMG.
- 90.58% of the companies in the same industry are more expensive than IMG, based on the Price/Earnings ratio.
- IMG is valuated rather expensively when we compare the Price/Earnings ratio to 27.21, which is the current average of the S&P500 Index.
- A Price/Forward Earnings ratio of 11.72 indicates a reasonable valuation of IMG.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of IMG indicates a rather cheap valuation: IMG is cheaper than 93.39% of the companies listed in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 25.98. IMG is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.98 | ||
| Fwd PE | 11.72 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, IMG is valued cheaper than 94.49% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, IMG is valued cheaper than 93.27% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 55.33 | ||
| EV/EBITDA | 12.24 |
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.
- IMG has a very decent profitability rating, which may justify a higher PE ratio.
- A more expensive valuation may be justified as IMG's earnings are expected to grow with 49.83% in the coming years.
PEG (NY)0.45
PEG (5Y)N/A
EPS Next 2Y79.83%
EPS Next 3Y49.83%
5. Dividend
5.1 Amount
- IMG does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
IAMGOLD CORP / IMG.CA FAQ
What is the fundamental rating for IMG stock?
ChartMill assigns a fundamental rating of 6 / 10 to IMG.CA.
What is the valuation status for IMG stock?
ChartMill assigns a valuation rating of 8 / 10 to IAMGOLD CORP (IMG.CA). This can be considered as Undervalued.
Can you provide the profitability details for IAMGOLD CORP?
IAMGOLD CORP (IMG.CA) has a profitability rating of 7 / 10.
Can you provide the financial health for IMG stock?
The financial health rating of IAMGOLD CORP (IMG.CA) is 4 / 10.
What is the expected EPS growth for IAMGOLD CORP (IMG.CA) stock?
The Earnings per Share (EPS) of IAMGOLD CORP (IMG.CA) is expected to grow by 73.03% in the next year.