IAMGOLD CORP (IMG.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:IMG - CA4509131088 - Common Stock
27.59 CAD
+0.96 (+3.6%)
IMG gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 817 industry peers in the Metals & Mining industry. While IMG belongs to the best of the industry regarding profitability, 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.
- In multiple years IMG reported negative net income over the last 5 years.
- Each year in the past 5 years IMG had a positive operating cash flow.
1.2 Ratios
- IMG has a Return On Assets of 6.40%. This is amongst the best in the industry. IMG outperforms 90.45% of its industry peers.
- IMG has a better Return On Equity (9.65%) than 90.82% of its industry peers.
- IMG has a Return On Invested Capital of 10.85%. This is amongst the best in the industry. IMG outperforms 94.49% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for IMG is significantly below the industry average of 11.97%.
- The last Return On Invested Capital (10.85%) for IMG is above the 3 year average (3.41%), which is a sign of increasing profitability.
| 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 has a better Operating Margin (29.64%) than 94.49% of its industry peers.
- With an excellent Gross Margin value of 33.27%, IMG belongs to the best of the industry, outperforming 91.68% of the companies in the same industry.
- 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
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), IMG is creating some value.
- IMG has more shares outstanding than it did 1 year ago.
- IMG has more shares outstanding than it did 5 years ago.
- Compared to 1 year ago, IMG has a worse debt to assets ratio.
2.2 Solvency
- IMG has an Altman-Z score of 4.81. This indicates that IMG is financially healthy and has little risk of bankruptcy at the moment.
- IMG's Altman-Z score of 4.81 is in line compared to the rest of the industry. IMG outperforms 52.63% of its industry peers.
- 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.
- The Debt to FCF ratio of IMG (5.03) is better than 90.94% of its industry peers.
- A Debt/Equity ratio of 0.30 indicates that IMG is not too dependend on debt financing.
- The Debt to Equity ratio of IMG (0.30) is worse than 69.03% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | 5.03 | ||
| Altman-Z | 4.81 |
ROIC/WACC1.14
WACC9.56%
2.3 Liquidity
- A Current Ratio of 1.68 indicates that IMG should not have too much problems paying its short term obligations.
- IMG's Current ratio of 1.68 is in line compared to the rest of the industry. IMG outperforms 48.35% of its industry peers.
- A Quick Ratio of 0.95 indicates that IMG may have some problems paying its short term obligations.
- The Quick ratio of IMG (0.95) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.68 | ||
| Quick Ratio | 0.95 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 23.53% over the past year.
- IMG shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 122.40% yearly.
- 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
- IMG is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.47% yearly.
- IMG is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 15.43% yearly.
EPS Next Y75.14%
EPS Next 2Y81.62%
EPS Next 3Y49.89%
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
- IMG is valuated quite expensively with a Price/Earnings ratio of 31.71.
- Based on the Price/Earnings ratio, IMG is valued cheaper than 90.70% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 27.30, IMG is valued at the same level.
- IMG is valuated reasonably with a Price/Forward Earnings ratio of 11.01.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of IMG indicates a rather cheap valuation: IMG is cheaper than 93.76% of the companies listed in the same industry.
- IMG is valuated cheaply when we compare the Price/Forward Earnings ratio to 24.32, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.71 | ||
| Fwd PE | 11.01 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of IMG indicates a rather cheap valuation: IMG is cheaper than 94.49% of the companies listed in the same industry.
- Based on the Price/Free Cash Flow ratio, IMG is valued cheaply inside the industry as 93.39% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 53.01 | ||
| EV/EBITDA | 11.76 |
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 IMG may justify a higher PE ratio.
- IMG's earnings are expected to grow with 49.89% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.42
PEG (5Y)N/A
EPS Next 2Y81.62%
EPS Next 3Y49.89%
5. Dividend
5.1 Amount
- No dividends for IMG!.
| 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 75.14% in the next year.