LUNDIN MINING CORP (LUN.CA) Stock Fundamental Analysis

TSX:LUN • CA5503721063

43.31 CAD
+0.39 (+0.91%)
Last: Feb 26, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

6

We assign a fundamental rating of 6 out of 10 to LUN. LUN was compared to 802 industry peers in the Metals & Mining industry. LUN scores excellent on profitability, but there are some minor concerns on its financial health. LUN is valued correctly, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

8

1. Profitability

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.
  • LUN had a positive operating cash flow in 4 of the past 5 years.
LUN.CA Yearly Net Income VS EBIT VS OCF VS FCFLUN.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M -500M 1B 1.5B

1.2 Ratios

  • LUN has a Return On Assets of 0.14%. This is amongst the best in the industry. LUN outperforms 84.41% of its industry peers.
  • The Return On Equity of LUN (0.24%) is better than 84.91% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 4.91%, LUN belongs to the top of the industry, outperforming 91.27% of the companies in the same industry.
  • LUN had an Average Return On Invested Capital over the past 3 years of 3.70%. This is significantly below the industry average of 12.22%.
  • The 3 year average ROIC (3.70%) for LUN is below the current ROIC(4.91%), indicating increased profibility in the last year.
Industry RankSector 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%
LUN.CA Yearly ROA, ROE, ROICLUN.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 -20

1.3 Margins

  • Looking at the Profit Margin, with a value of 0.42%, LUN belongs to the top of the industry, outperforming 89.15% of the companies in the same industry.
  • With an excellent Operating Margin value of 27.31%, LUN belongs to the best of the industry, outperforming 93.89% of the companies in the same industry.
  • In the last couple of years the Operating Margin of LUN has grown nicely.
  • Looking at the Gross Margin, with a value of 31.23%, LUN belongs to the top of the industry, outperforming 90.90% of the companies in the same industry.
  • LUN's Gross Margin has improved in the last couple of years.
Industry RankSector 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%
LUN.CA Yearly Profit, Operating, Gross MarginsLUN.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40 -40

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ROAROEROICOperating and Profit MarginShow most profitable peers

6

2. Health

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.
LUN.CA Yearly Shares OutstandingLUN.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M
LUN.CA Yearly Total Debt VS Total AssetsLUN.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B 10B

2.2 Solvency

  • LUN has an Altman-Z score of 4.69. This indicates that LUN is financially healthy and has little risk of bankruptcy at the moment.
  • LUN's Altman-Z score of 4.69 is in line compared to the rest of the industry. LUN outperforms 50.87% of its industry peers.
  • 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.
  • With an excellent Debt to FCF ratio value of 0.99, LUN belongs to the best of the industry, outperforming 93.64% of the companies in the same industry.
  • LUN has a Debt/Equity ratio of 0.07. This is a healthy value indicating a solid balance between debt and equity.
  • LUN's Debt to Equity ratio of 0.07 is on the low side compared to the rest of the industry. LUN is outperformed by 61.22% of its industry peers.
  • Although LUN does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. 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 RankSector Rank
Debt/Equity 0.07
Debt/FCF 0.99
Altman-Z 4.69
ROIC/WACC0.47
WACC10.38%
LUN.CA Yearly LT Debt VS Equity VS FCFLUN.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B 2B 3B 4B

2.3 Liquidity

  • LUN has a Current Ratio of 1.45. This is a normal value and indicates that LUN is financially healthy and should not expect problems in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 1.45, LUN is in line with its industry, outperforming 46.13% of the companies in the same industry.
  • 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 has a Quick ratio of 0.90. This is in the lower half of the industry: LUN underperforms 60.60% of its industry peers.
  • The current and quick ratio evaluation for LUN is rather negative, while it does have excellent solvency and profitability. These ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
Industry RankSector Rank
Current Ratio 1.45
Quick Ratio 0.9
LUN.CA Yearly Current Assets VS Current LiabilitesLUN.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B 2.5B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. Growth

3.1 Past

  • LUN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 95.18%, which is quite impressive.
  • LUN shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 24.30% yearly.
EPS 1Y (TTM)95.18%
EPS 3Y11.62%
EPS 5Y24.3%
EPS Q2Q%180%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%51.53%

3.2 Future

  • Based on estimates for the next years, LUN will show a small growth in Earnings Per Share. The EPS will grow by 5.10% on average per year.
  • LUN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.60% yearly.
EPS Next Y16.19%
EPS Next 2Y-0.02%
EPS Next 3Y4.62%
EPS Next 5Y5.1%
Revenue Next Year8.05%
Revenue Next 2Y4.47%
Revenue Next 3Y-0.3%
Revenue Next 5Y3.6%

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.
LUN.CA Yearly Revenue VS EstimatesLUN.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 1B 2B 3B 4B
LUN.CA Yearly EPS VS EstimatesLUN.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 0.2 0.4 0.6 0.8 1

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5

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 35.50, which means the current valuation is very expensive for LUN.
  • Based on the Price/Earnings ratio, LUN is valued cheaper than 89.65% of the companies in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 27.10, LUN is valued a bit more expensive.
  • A Price/Forward Earnings ratio of 30.63 indicates a quite expensive valuation of LUN.
  • LUN's Price/Forward Earnings ratio is rather cheap when compared to the industry. LUN is cheaper than 88.65% of the companies in the same industry.
  • LUN is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 28.06, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 35.5
Fwd PE 30.63
LUN.CA Price Earnings VS Forward Price EarningsLUN.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, LUN is valued cheaper than 92.77% of the companies in the same industry.
  • Based on the Price/Free Cash Flow ratio, LUN is valued cheaply inside the industry as 93.64% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 40.94
EV/EBITDA 19.44
LUN.CA Per share dataLUN.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • The excellent profitability rating of LUN may justify a higher PE ratio.
PEG (NY)2.19
PEG (5Y)1.46
EPS Next 2Y-0.02%
EPS Next 3Y4.62%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

3

5. Dividend

5.1 Amount

  • LUN has a yearly dividend return of 0.31%, which is pretty low.
  • LUN's Dividend Yield is rather good when compared to the industry average which is at 0.41. LUN pays more dividend than 95.01% of the companies in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.80, LUN's dividend is way lower than the S&P500 average.
Industry RankSector 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 been paying a dividend for over 5 years, so it has already some track record.
  • The dividend of LUN decreased recently.
Dividend Growth(5Y)23.66%
Div Incr Years1
Div Non Decr Years1
LUN.CA Yearly Dividends per shareLUN.CA Yearly Dividends per shareYearly Dividends per share 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.1 0.2 0.3 0.4

5.3 Sustainability

  • 1243.04% of the earnings are spent on dividend by LUN. This is not a sustainable payout ratio.
  • The dividend of LUN is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP1243.04%
EPS Next 2Y-0.02%
EPS Next 3Y4.62%
LUN.CA Yearly Income VS Free CF VS DividendLUN.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M -500M
LUN.CA Dividend Payout.LUN.CA Dividend Payout, showing the Payout Ratio.LUN.CA Dividend Payout.PayoutRetained Earnings

More info and screens

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LUNDIN MINING CORP

TSX:LUN (2/26/2026, 7:00:00 PM)

43.31

+0.39 (+0.91%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)02-19
Earnings (Next)05-05
Inst Owners46.4%
Inst Owner ChangeN/A
Ins Owners0.73%
Ins Owner ChangeN/A
Market Cap37.00B
Revenue(TTM)N/A
Net Income(TTM)13.84M
Analysts76
Price Target34.01 (-21.47%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0.31%
Yearly Dividend0.36
Dividend Growth(5Y)23.66%
DP1243.04%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
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)14.08%
PT rev (3m)37.31%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)20.01%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)2.24%
Revenue NY rev (3m)7.25%
Valuation
Industry RankSector Rank
PE 35.5
Fwd PE 30.63
P/S 8.19
P/FCF 40.94
P/OCF 21.28
P/B 4.7
P/tB 4.84
EV/EBITDA 19.44
EPS(TTM)1.22
EY2.82%
EPS(NY)1.41
Fwd EY3.26%
FCF(TTM)1.06
FCFY2.44%
OCF(TTM)2.03
OCFY4.7%
SpS5.29
BVpS9.21
TBVpS8.95
PEG (NY)2.19
PEG (5Y)1.46
Graham Number15.9
Profitability
Industry RankSector 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 RankSector 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 4.69
F-Score6
WACC10.38%
ROIC/WACC0.47
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)95.18%
EPS 3Y11.62%
EPS 5Y24.3%
EPS Q2Q%180%
EPS Next Y16.19%
EPS Next 2Y-0.02%
EPS Next 3Y4.62%
EPS Next 5Y5.1%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%51.53%
Revenue Next Year8.05%
Revenue Next 2Y4.47%
Revenue Next 3Y-0.3%
Revenue Next 5Y3.6%
EBIT growth 1Y31.55%
EBIT growth 3Y-14.05%
EBIT growth 5Y21.76%
EBIT Next Year99%
EBIT Next 3Y28.58%
EBIT Next 5Y22.64%
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 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 5 / 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 35.5 and the Price/Book (PB) ratio is 4.7.


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 16.19% in the next year.