LUNDIN MINING CORP (LUN.CA) Fundamental Analysis & Valuation
TSX:LUN • CA5503721063
Current stock price
32.42 CAD
-1.73 (-5.07%)
Last:
This LUN.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. LUN.CA Profitability Analysis
1.1 Basic Checks
- In the past year LUN was profitable.
- LUN had a positive operating cash flow in the past year.
- The reported net income has been mixed in the past 5 years: LUN reported negative net income in multiple years.
- Of the past 5 years LUN 4 years had a positive operating cash flow.
1.2 Ratios
- LUN has a better Return On Assets (0.14%) than 84.91% of its industry peers.
- LUN has a better Return On Equity (0.24%) than 85.52% of its industry peers.
- With an excellent Return On Invested Capital value of 4.91%, LUN belongs to the best of the industry, outperforming 91.36% of the companies in the same industry.
- The Average Return On Invested Capital over the past 3 years for LUN is significantly below the industry average of 12.84%.
- The last Return On Invested Capital (4.91%) for LUN is above the 3 year average (3.70%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.14% | ||
| ROE | 0.24% | ||
| ROIC | 4.91% |
ROA(3y)1.83%
ROA(5y)3.62%
ROE(3y)3.02%
ROE(5y)6.17%
ROIC(3y)3.7%
ROIC(5y)4.6%
1.3 Margins
- Looking at the Profit Margin, with a value of 0.42%, LUN belongs to the top of the industry, outperforming 89.78% of the companies in the same industry.
- LUN's Operating Margin of 27.31% is amongst the best of the industry. LUN outperforms 93.55% of its industry peers.
- In the last couple of years the Operating Margin of LUN has grown nicely.
- The Gross Margin of LUN (31.23%) is better than 90.63% of its industry peers.
- In the last couple of years the Gross Margin of LUN has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 27.31% | ||
| PM (TTM) | 0.42% | ||
| GM | 31.23% |
OM growth 3Y-14.85%
OM growth 5Y8.15%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-13.35%
GM growth 5Y2.84%
2. LUN.CA Health Analysis
2.1 Basic Checks
- LUN has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- LUN has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
- LUN has an Altman-Z score of 3.69. This indicates that LUN is financially healthy and has little risk of bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 3.69, LUN is in line with its industry, outperforming 52.07% of the companies in the same industry.
- The Debt to FCF ratio of LUN is 0.99, which is an excellent value as it means it would take LUN, only 0.99 years of fcf income to pay off all of its debts.
- The Debt to FCF ratio of LUN (0.99) is better than 93.07% of its industry peers.
- LUN has a Debt/Equity ratio of 0.07. This is a healthy value indicating a solid balance between debt and equity.
- The Debt to Equity ratio of LUN (0.07) is worse than 61.68% of its industry peers.
- Although LUN's pure debt/equity ratio does not look good, it has limited outstanding debt compared to the Free Cash Flow. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | 0.99 | ||
| Altman-Z | 3.69 |
ROIC/WACC0.46
WACC10.73%
2.3 Liquidity
- A Current Ratio of 1.45 indicates that LUN should not have too much problems paying its short term obligations.
- LUN has a Current ratio of 1.45. This is comparable to the rest of the industry: LUN outperforms 46.47% of its industry peers.
- LUN has a Quick Ratio of 1.45. This is a bad value and indicates that LUN is not financially healthy enough and could expect problems in meeting its short term obligations.
- LUN's Quick ratio of 0.90 is on the low side compared to the rest of the industry. LUN is outperformed by 60.22% of its industry peers.
- LUN does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.45 | ||
| Quick Ratio | 0.9 |
3. LUN.CA Growth Analysis
3.1 Past
- LUN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 97.37%, which is quite impressive.
- LUN shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 24.57% yearly.
EPS 1Y (TTM)97.37%
EPS 3Y12.04%
EPS 5Y24.57%
EPS Q2Q%186.67%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%51.53%
3.2 Future
- LUN is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -0.94% yearly.
- Based on estimates for the next years, LUN will show a small growth in Revenue. The Revenue will grow by 0.48% on average per year.
EPS Next Y26.86%
EPS Next 2Y13.99%
EPS Next 3Y5.25%
EPS Next 5Y-0.94%
Revenue Next Year11.36%
Revenue Next 2Y6.19%
Revenue Next 3Y0.5%
Revenue Next 5Y0.48%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. LUN.CA Valuation Analysis
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 26.36 indicates a quite expensive valuation of LUN.
- Compared to the rest of the industry, the Price/Earnings ratio of LUN indicates a rather cheap valuation: LUN is cheaper than 89.54% of the companies listed in the same industry.
- The average S&P500 Price/Earnings ratio is at 25.79. LUN is around the same levels.
- With a Price/Forward Earnings ratio of 20.70, LUN is valued on the expensive side.
- 89.29% of the companies in the same industry are more expensive than LUN, based on the Price/Forward Earnings ratio.
- The average S&P500 Price/Forward Earnings ratio is at 23.80. LUN is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.36 | ||
| Fwd PE | 20.7 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, LUN is valued cheaply inside the industry as 92.21% of the companies are valued more expensively.
- Based on the Price/Free Cash Flow ratio, LUN is valued cheaper than 93.55% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 30.57 | ||
| EV/EBITDA | 14.63 |
4.3 Compensation for Growth
- LUN's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- The excellent profitability rating of LUN may justify a higher PE ratio.
PEG (NY)0.98
PEG (5Y)1.07
EPS Next 2Y13.99%
EPS Next 3Y5.25%
5. LUN.CA Dividend Analysis
5.1 Amount
- With a yearly dividend of 0.31%, LUN is not a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 0.38, LUN pays a better dividend. On top of this LUN pays more dividend than 95.38% of the companies listed in the same industry.
- With a Dividend Yield of 0.31, LUN pays less dividend than the S&P500 average, which is at 1.91.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.31% |
5.2 History
- On average, the dividend of LUN grows each year by 23.66%, which is quite nice.
- LUN has paid a dividend for at least 10 years, which is a reliable track record.
- LUN has decreased its dividend recently.
Dividend Growth(5Y)23.66%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
- 1243.04% of the earnings are spent on dividend by LUN. This is not a sustainable payout ratio.
- The Dividend Rate of LUN has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP1243.04%
EPS Next 2Y13.99%
EPS Next 3Y5.25%
LUN.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:LUN (3/18/2026, 7:00:00 PM)
32.42
-1.73 (-5.07%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)02-19 2026-02-19/amc
Earnings (Next)05-05 2026-05-05/bmo
Inst Owners49.06%
Inst Owner ChangeN/A
Ins Owners0.74%
Ins Owner ChangeN/A
Market Cap27.71B
Revenue(TTM)N/A
Net Income(TTM)13.84M
Analysts75.17
Price Target37.38 (15.3%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.31% |
Yearly Dividend0.36
Dividend Growth(5Y)23.66%
DP1243.04%
Div Incr Years1
Div Non Decr Years1
Ex-Date03-20 2026-03-20 (0.0275)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)16.11%
Min EPS beat(2)4.28%
Max EPS beat(2)27.94%
EPS beat(4)2
Avg EPS beat(4)-4.87%
Min EPS beat(4)-45.6%
Max EPS beat(4)27.94%
EPS beat(8)2
Avg EPS beat(8)-11.97%
EPS beat(12)4
Avg EPS beat(12)-6.07%
EPS beat(16)6
Avg EPS beat(16)-11.51%
Revenue beat(2)2
Avg Revenue beat(2)8.49%
Min Revenue beat(2)6.83%
Max Revenue beat(2)10.15%
Revenue beat(4)2
Avg Revenue beat(4)-2.47%
Min Revenue beat(4)-21.49%
Max Revenue beat(4)10.15%
Revenue beat(8)3
Avg Revenue beat(8)-1.97%
Revenue beat(12)4
Avg Revenue beat(12)-2.89%
Revenue beat(16)6
Avg Revenue beat(16)-3.61%
PT rev (1m)9.91%
PT rev (3m)49.13%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)11.09%
EPS NY rev (3m)12.74%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)3.22%
Revenue NY rev (3m)2.86%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.36 | ||
| Fwd PE | 20.7 | ||
| P/S | 6.12 | ||
| P/FCF | 30.57 | ||
| P/OCF | 15.89 | ||
| P/B | 3.51 | ||
| P/tB | 3.61 | ||
| EV/EBITDA | 14.63 |
EPS(TTM)1.23
EY3.79%
EPS(NY)1.57
Fwd EY4.83%
FCF(TTM)1.06
FCFY3.27%
OCF(TTM)2.04
OCFY6.29%
SpS5.3
BVpS9.24
TBVpS8.97
PEG (NY)0.98
PEG (5Y)1.07
Graham Number15.99
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.14% | ||
| ROE | 0.24% | ||
| ROCE | 10.2% | ||
| ROIC | 4.91% | ||
| ROICexc | 4.91% | ||
| ROICexgc | 5.01% | ||
| OM | 27.31% | ||
| PM (TTM) | 0.42% | ||
| GM | 31.23% | ||
| FCFM | 20.01% |
ROA(3y)1.83%
ROA(5y)3.62%
ROE(3y)3.02%
ROE(5y)6.17%
ROIC(3y)3.7%
ROIC(5y)4.6%
ROICexc(3y)3.85%
ROICexc(5y)4.87%
ROICexgc(3y)3.97%
ROICexgc(5y)5.05%
ROCE(3y)7.68%
ROCE(5y)9.55%
ROICexgc growth 3Y-22.24%
ROICexgc growth 5Y13.91%
ROICexc growth 3Y-21.75%
ROICexc growth 5Y14.37%
OM growth 3Y-14.85%
OM growth 5Y8.15%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-13.35%
GM growth 5Y2.84%
F-Score6
Asset Turnover0.33
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | 0.99 | ||
| Debt/EBITDA | 0.29 | ||
| Cap/Depr | 116.64% | ||
| Cap/Sales | 18.48% | ||
| Interest Coverage | 8.37 | ||
| Cash Conversion | 89.2% | ||
| Profit Quality | 4776.32% | ||
| Current Ratio | 1.45 | ||
| Quick Ratio | 0.9 | ||
| Altman-Z | 3.69 |
F-Score6
WACC10.73%
ROIC/WACC0.46
Cap/Depr(3y)146.6%
Cap/Depr(5y)127.59%
Cap/Sales(3y)29.41%
Cap/Sales(5y)25.07%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)97.37%
EPS 3Y12.04%
EPS 5Y24.57%
EPS Q2Q%186.67%
EPS Next Y26.86%
EPS Next 2Y13.99%
EPS Next 3Y5.25%
EPS Next 5Y-0.94%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%51.53%
Revenue Next Year11.36%
Revenue Next 2Y6.19%
Revenue Next 3Y0.5%
Revenue Next 5Y0.48%
EBIT growth 1Y31.55%
EBIT growth 3Y-14.05%
EBIT growth 5Y21.76%
EBIT Next Year106.74%
EBIT Next 3Y39.99%
EBIT Next 5Y19.53%
FCF growth 1Y262.46%
FCF growth 3Y-9.28%
FCF growth 5YN/A
OCF growth 1Y111.92%
OCF growth 3Y0.76%
OCF growth 5Y21.89%
LUNDIN MINING CORP / LUN.CA Fundamental Analysis FAQ
What is the fundamental rating for LUN stock?
ChartMill assigns a fundamental rating of 6 / 10 to LUN.CA.
Can you provide the valuation status for LUNDIN MINING CORP?
ChartMill assigns a valuation rating of 6 / 10 to LUNDIN MINING CORP (LUN.CA). This can be considered as Fairly Valued.
Can you provide the profitability details for LUNDIN MINING CORP?
LUNDIN MINING CORP (LUN.CA) has a profitability rating of 8 / 10.
Can you provide the PE and PB ratios for LUN stock?
The Price/Earnings (PE) ratio for LUNDIN MINING CORP (LUN.CA) is 26.36 and the Price/Book (PB) ratio is 3.51.
Can you provide the expected EPS growth for LUN stock?
The Earnings per Share (EPS) of LUNDIN MINING CORP (LUN.CA) is expected to grow by 26.86% in the next year.