IAMGOLD CORP (IMG.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:IMG - CA4509131088 - Common Stock
28.69 CAD
+1.1 (+3.99%)
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 belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. IMG is evaluated to be cheap and growing strongly. This does not happen too often!
1. Profitability
1.1 Basic Checks
- In the past year IMG was profitable.
- IMG had a positive operating cash flow in the past year.
- The reported net income has been mixed in the past 5 years: IMG reported negative net income in multiple years.
- In the past 5 years IMG always reported a positive cash flow from operatings.
1.2 Ratios
- IMG has a better Return On Assets (6.40%) than 90.37% of its industry peers.
- The Return On Equity of IMG (9.65%) is better than 90.85% of its industry peers.
- With an excellent Return On Invested Capital value of 10.85%, IMG belongs to the best of the industry, outperforming 94.51% of the companies in the same industry.
- IMG had an Average Return On Invested Capital over the past 3 years of 3.41%. This 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
- Looking at the Profit Margin, with a value of 15.39%, IMG belongs to the top 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.
- IMG has a better Gross Margin (33.27%) than 91.71% 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
- IMG has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is 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.
- IMG has a worse debt/assets ratio than last year.
2.2 Solvency
- IMG has an Altman-Z score of 4.98. This indicates that IMG is financially healthy and has little risk of bankruptcy at the moment.
- IMG has a Altman-Z score (4.98) which is in line with 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.
- IMG has a Debt to FCF ratio of 5.03. This is amongst the best in the industry. IMG outperforms 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.
- With a Debt to Equity ratio value of 0.30, IMG is not doing good in the industry: 68.66% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | 5.03 | ||
| Altman-Z | 4.98 |
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.
- IMG's Current ratio of 1.68 is in line compared to the rest of the industry. IMG outperforms 48.41% of its industry peers.
- 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.
- Measured over the past years, IMG shows a very strong growth in Earnings Per Share. The EPS has been growing by 122.40% on average per year.
- The Revenue has grown by 52.98% in the past year. This is a very strong growth!
- Measured over the past years, IMG shows a quite strong growth in Revenue. The Revenue has been growing by 8.92% on average per year.
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.
- 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
- With a Price/Earnings ratio of 32.98, IMG can be considered very expensive at the moment.
- IMG's Price/Earnings ratio is rather cheap when compared to the industry. IMG is cheaper than 90.49% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 27.21, IMG is valued a bit more expensive.
- With a Price/Forward Earnings ratio of 11.72, the valuation of IMG can be described as very reasonable.
- Based on the Price/Forward Earnings ratio, IMG is valued cheaper than 93.41% of the companies 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 94.51% of the companies in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of IMG indicates a rather cheap valuation: IMG is cheaper than 93.29% of the companies listed 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.
- IMG's earnings are expected to grow with 49.83% in the coming years. This may justify a more expensive valuation.
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.