IAMGOLD CORP (IMG.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:IMG - CA4509131088 - Common Stock
29.01 CAD
+0.23 (+0.8%)
Overall IMG gets a fundamental rating of 6 out of 10. We evaluated IMG 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
- In the past year IMG was profitable.
- 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
- IMG has a better Return On Assets (6.40%) than 90.37% of its industry peers.
- IMG has a Return On Equity of 9.65%. This is amongst the best in the industry. IMG outperforms 90.85% of its industry peers.
- IMG has a better Return On Invested Capital (10.85%) than 94.51% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for IMG is significantly below the industry average of 12.04%.
- 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
- With an excellent Profit Margin value of 15.39%, IMG belongs to the best of the industry, outperforming 93.29% of the companies in the same industry.
- IMG's Operating Margin of 29.64% is amongst the best of the industry. IMG outperforms 94.39% of its industry peers.
- With an excellent Gross Margin value of 33.27%, IMG belongs to the best of the industry, outperforming 91.71% of the companies in the same industry.
- IMG's Gross Margin has improved in the last couple of years.
| 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.
- 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 5.05 indicates that IMG is not in any danger for bankruptcy at the moment.
- IMG has a Altman-Z score (5.05) which is comparable to the rest of the industry.
- The Debt to FCF ratio of IMG is 5.03, which is a neutral value as it means it would take IMG, 5.03 years of fcf income to pay off all of its debts.
- The Debt to FCF ratio of IMG (5.03) is better than 90.85% 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.
- IMG has a worse Debt to Equity ratio (0.30) than 68.66% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | 5.03 | ||
| Altman-Z | 5.05 |
ROIC/WACC1.12
WACC9.73%
2.3 Liquidity
- IMG has a Current Ratio of 1.68. This is a normal value and indicates that IMG is financially healthy and should not expect problems in meeting its short term obligations.
- Looking at the Current ratio, with a value of 1.68, IMG is in line with its industry, outperforming 48.41% of the companies in the same industry.
- A Quick Ratio of 0.95 indicates that IMG may have some problems paying its short term obligations.
- IMG has a Quick ratio (0.95) which 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.
- The Earnings Per Share has been growing by 122.40% on average over the past years. This is a very strong growth
- Looking at the last year, IMG shows a very strong growth in Revenue. The Revenue has grown by 52.98%.
- 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
- The Earnings Per Share is expected to grow by 12.47% on average over the next years. This is quite good.
- 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
- The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
- 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
- The Price/Earnings ratio is 33.73, which means the current valuation is very expensive for IMG.
- Based on the Price/Earnings ratio, IMG is valued cheaper than 90.12% of the companies in the same industry.
- IMG's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 28.82.
- The Price/Forward Earnings ratio is 11.92, which indicates a very decent 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 93.54% of the companies listed in the same industry.
- When comparing the Price/Forward Earnings ratio of IMG to the average of the S&P500 Index (25.95), we can say IMG is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.73 | ||
| Fwd PE | 11.92 |
4.2 Price Multiples
- 94.76% of the companies in the same industry are more expensive than IMG, based on the Enterprise Value to EBITDA ratio.
- 93.29% of the companies in the same industry are more expensive than IMG, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 56.3 | ||
| EV/EBITDA | 12.44 |
4.3 Compensation for Growth
- IMG's 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.
- A more expensive valuation may be justified as IMG's earnings are expected to grow with 49.83% in the coming years.
PEG (NY)0.46
PEG (5Y)N/A
EPS Next 2Y79.83%
EPS Next 3Y49.83%
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 73.03% in the next year.