LUNDIN MINING CORP (LUN.CA) Stock Fundamental Analysis

Canada • Toronto Stock Exchange • TSX:LUN • CA5503721063

32.4 CAD
-0.62 (-1.88%)
Last: Feb 5, 2026, 07:00 PM
Fundamental Rating

6

LUN gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 814 industry peers in the Metals & Mining industry. While LUN has a great profitability rating, there are some minor concerns on its financial health. LUN may be a bit undervalued, certainly considering the very reasonable score on growth These ratings would make LUN suitable for value investing!


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

  • In the past year LUN was profitable.
  • In the past year LUN had a positive cash flow from operations.
  • Of the past 5 years LUN 4 years were profitable.
  • LUN had a positive operating cash flow in each 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

  • Looking at the Return On Assets, with a value of 0.14%, LUN belongs to the top of the industry, outperforming 84.40% of the companies in the same industry.
  • With an excellent Return On Equity value of 0.24%, LUN belongs to the best of the industry, outperforming 85.01% of the companies in the same industry.
  • LUN's Return On Invested Capital of 4.91% is amongst the best of the industry. LUN outperforms 91.15% of its industry peers.
  • LUN had an Average Return On Invested Capital over the past 3 years of 3.70%. This is significantly below the industry average of 12.04%.
  • 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

  • LUN has a better Profit Margin (0.42%) than 89.31% of its industry peers.
  • LUN has a better Operating Margin (27.31%) than 93.98% of its industry peers.
  • In the last couple of years the Operating Margin of LUN has grown nicely.
  • With an excellent Gross Margin value of 31.23%, LUN belongs to the best of the industry, outperforming 90.91% 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

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

6

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), LUN is destroying value.
  • Compared to 1 year ago, LUN has about the same amount of shares outstanding.
  • The number of shares outstanding for LUN has been increased compared to 5 years ago.
  • LUN has a worse debt/assets ratio than last year.
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 3.70. This indicates that LUN is financially healthy and has little risk of bankruptcy at the moment.
  • LUN has a Altman-Z score of 3.70. This is comparable to the rest of the industry: LUN outperforms 50.98% of its industry peers.
  • LUN has a debt to FCF ratio of 0.99. This is a very positive value and a sign of high solvency as it would only need 0.99 years to pay back of all of its debts.
  • LUN's Debt to FCF ratio of 0.99 is amongst the best of the industry. LUN outperforms 93.98% of its industry peers.
  • A Debt/Equity ratio of 0.07 indicates that LUN is not too dependend on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 0.07, LUN is doing worse than 61.92% of the companies in the same industry.
  • 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 3.7
ROIC/WACC0.51
WACC9.64%
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

  • A Current Ratio of 1.45 indicates that LUN should not have too much problems paying its short term obligations.
  • Looking at the Current ratio, with a value of 1.45, LUN is in line with its industry, outperforming 46.56% 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 (0.90) which is comparable to the rest of the industry.
  • 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 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

More info and screens

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

5

3. Growth

3.1 Past

  • LUN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 52.71%, which is quite impressive.
  • LUN shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.05% yearly.
  • LUN shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -22.06%.
  • Measured over the past years, LUN shows a quite strong growth in Revenue. The Revenue has been growing by 12.58% on average per year.
EPS 1Y (TTM)52.71%
EPS 3Y-25.88%
EPS 5Y11.05%
EPS Q2Q%100%
Revenue 1Y (TTM)-22.06%
Revenue growth 3Y0.93%
Revenue growth 5Y12.58%
Sales Q2Q%-6.15%

3.2 Future

  • Based on estimates for the next years, LUN will show a quite strong growth in Earnings Per Share. The EPS will grow by 14.92% on average per year.
  • The Revenue is expected to grow by 0.66% on average over the next years.
EPS Next Y54.93%
EPS Next 2Y50.59%
EPS Next 3Y24.95%
EPS Next 5Y14.92%
Revenue Next Year-4.66%
Revenue Next 2Y0.31%
Revenue Next 3Y-1.17%
Revenue Next 5Y0.66%

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 accelerating.
  • When comparing the Revenue 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

More info and screens

Find the best growth stocksShow best growing peers

7

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 38.12, which means the current valuation is very expensive for LUN.
  • Based on the Price/Earnings ratio, LUN is valued cheaply inside the industry as 88.45% of the companies are valued more expensively.
  • Compared to an average S&P500 Price/Earnings ratio of 27.92, LUN is valued a bit more expensive.
  • LUN is valuated rather expensively with a Price/Forward Earnings ratio of 22.90.
  • LUN's Price/Forward Earnings ratio is rather cheap when compared to the industry. LUN is cheaper than 89.56% 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 27.78, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 38.12
Fwd PE 22.9
LUN.CA Price Earnings VS Forward Price EarningsLUN.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, LUN is valued cheaper than 93.00% of the companies in the same industry.
  • Based on the Price/Free Cash Flow ratio, LUN is valued cheaper than 94.23% of the companies in the same industry.
Industry RankSector Rank
P/FCF 30.66
EV/EBITDA 14.67
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

  • LUN's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • LUN has an outstanding profitability rating, which may justify a higher PE ratio.
  • LUN's earnings are expected to grow with 24.95% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.69
PEG (5Y)3.45
EPS Next 2Y50.59%
EPS Next 3Y24.95%

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 0.30%, which is pretty low.
  • LUN's Dividend Yield is rather good when compared to the industry average which is at 0.42. LUN pays more dividend than 95.09% of the companies in the same industry.
  • With a Dividend Yield of 0.30, LUN pays less dividend than the S&P500 average, which is at 1.83.
Industry RankSector Rank
Dividend Yield 0.3%

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.
  • LUN has decreased its dividend 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

  • LUN pays out 1243.04% of its income as dividend. 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 2Y50.59%
EPS Next 3Y24.95%
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

Find the best dividend stocksShow peers with best dividend

LUNDIN MINING CORP

TSX:LUN (2/5/2026, 7:00:00 PM)

32.4

-0.62 (-1.88%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)11-05
Earnings (Next)02-19
Inst Owners46.4%
Inst Owner ChangeN/A
Ins Owners0.73%
Ins Owner ChangeN/A
Market Cap27.73B
Revenue(TTM)3.24B
Net Income(TTM)13.84M
Analysts76.67
Price Target29.81 (-7.99%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0.3%
Yearly Dividend0.35
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)9.63%
PT rev (3m)27.44%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-1.6%
EPS NY rev (1m)2.68%
EPS NY rev (3m)28.09%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.02%
Revenue NY rev (1m)0%
Revenue NY rev (3m)6.94%
Valuation
Industry RankSector Rank
PE 38.12
Fwd PE 22.9
P/S 6.13
P/FCF 30.66
P/OCF 15.94
P/B 3.52
P/tB 3.63
EV/EBITDA 14.67
EPS(TTM)0.85
EY2.62%
EPS(NY)1.41
Fwd EY4.37%
FCF(TTM)1.06
FCFY3.26%
OCF(TTM)2.03
OCFY6.27%
SpS5.28
BVpS9.2
TBVpS8.94
PEG (NY)0.69
PEG (5Y)3.45
Graham Number13.27
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 3.7
F-Score6
WACC9.64%
ROIC/WACC0.51
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)52.71%
EPS 3Y-25.88%
EPS 5Y11.05%
EPS Q2Q%100%
EPS Next Y54.93%
EPS Next 2Y50.59%
EPS Next 3Y24.95%
EPS Next 5Y14.92%
Revenue 1Y (TTM)-22.06%
Revenue growth 3Y0.93%
Revenue growth 5Y12.58%
Sales Q2Q%-6.15%
Revenue Next Year-4.66%
Revenue Next 2Y0.31%
Revenue Next 3Y-1.17%
Revenue Next 5Y0.66%
EBIT growth 1Y31.55%
EBIT growth 3Y-14.05%
EBIT growth 5Y21.76%
EBIT Next Year99%
EBIT Next 3Y28.58%
EBIT Next 5Y20.48%
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 7 / 10 to LUNDIN MINING CORP (LUN.CA). This can be considered as Undervalued.


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 38.12 and the Price/Book (PB) ratio is 3.52.


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 54.93% in the next year.