LUNDIN MINING CORP (LUN.CA) Fundamental Analysis & Valuation
TSX:LUN • CA5503721063
35.27 CAD
+0.54 (+1.55%)
Last: Mar 9, 2026, 07:00 PM
This LUN.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
LUN gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 815 industry peers in the Metals & Mining industry. LUN scores excellent on profitability, but there are some minor concerns on its financial health. LUN has a valuation in line with the averages, but it does not seem to be growing.
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.
- In multiple years LUN reported negative net income over the last 5 years.
- LUN had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- LUN has a better Return On Assets (0.14%) than 84.91% of its industry peers.
- With an excellent Return On Equity value of 0.24%, LUN belongs to the best of the industry, outperforming 85.40% of the companies in the same industry.
- LUN has a better Return On Invested Capital (4.91%) than 91.29% 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 12.69%.
- 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
- LUN has a better Profit Margin (0.42%) than 89.69% of its industry peers.
- LUN's Operating Margin of 27.31% is amongst the best of the industry. LUN outperforms 93.50% of its industry peers.
- In the last couple of years the Operating Margin of LUN has grown nicely.
- LUN has a better Gross Margin (31.23%) than 90.67% 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
- An Altman-Z score of 3.99 indicates that LUN is not in any danger for bankruptcy at the moment.
- The Altman-Z score of LUN (3.99) is comparable to the rest of the 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.
- LUN's Debt to FCF ratio of 0.99 is amongst the best of the industry. LUN outperforms 93.13% 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.
- LUN has a worse Debt to Equity ratio (0.07) than 61.84% of its industry peers.
- Even though the debt/equity ratio score it not favorable for LUN, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | 0.99 | ||
| Altman-Z | 3.99 |
ROIC/WACC0.49
WACC9.97%
2.3 Liquidity
- A Current Ratio of 1.45 indicates that LUN should not have too much problems paying its short term obligations.
- The Current ratio of LUN (1.45) is comparable to the rest of the industry.
- A Quick Ratio of 0.90 indicates that LUN may have some problems paying its short term obligations.
- The Quick ratio of LUN (0.90) is worse than 60.74% 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
- The Earnings Per Share has grown by an impressive 97.37% over the past year.
- 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
- The Earnings Per Share is expected to decrease by -0.94% on average over the next years.
- The Revenue is expected to grow by 0.48% on average over the next years.
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
- Based on the Price/Earnings ratio of 28.91, the valuation of LUN can be described as expensive.
- Based on the Price/Earnings ratio, LUN is valued cheaply inside the industry as 89.94% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Earnings ratio of 26.46, LUN is valued at the same level.
- The Price/Forward Earnings ratio is 22.76, which indicates a rather expensive current valuation of LUN.
- LUN's Price/Forward Earnings ratio is rather cheap when compared to the industry. LUN is cheaper than 89.20% 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 24.65, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.91 | ||
| Fwd PE | 22.76 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, LUN is valued cheaply inside the industry as 92.39% of the companies are valued more expensively.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of LUN indicates a rather cheap valuation: LUN is cheaper than 93.62% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 33.61 | ||
| EV/EBITDA | 16.04 |
4.3 Compensation for Growth
- LUN's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- The excellent profitability rating of LUN may justify a higher PE ratio.
PEG (NY)1.08
PEG (5Y)1.18
EPS Next 2Y13.99%
EPS Next 3Y5.25%
5. LUN.CA Dividend Analysis
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 0.41. LUN pays more dividend than 95.34% 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 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.3% |
5.2 History
- The dividend of LUN is nicely growing with an annual growth rate of 23.66%!
- LUN has paid a dividend for at least 10 years, which is a reliable track record.
- The dividend of LUN decreased recently.
Dividend Growth(5Y)23.66%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
- LUN pays out 1243.04% of its income as dividend. 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 (3/9/2026, 7:00:00 PM)
35.27
+0.54 (+1.55%)
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 Cap30.14B
Revenue(TTM)N/A
Net Income(TTM)13.84M
Analysts75.17
Price Target37.38 (5.98%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.3% |
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 | 28.91 | ||
| Fwd PE | 22.76 | ||
| P/S | 6.73 | ||
| P/FCF | 33.61 | ||
| P/OCF | 17.47 | ||
| P/B | 3.86 | ||
| P/tB | 3.97 | ||
| EV/EBITDA | 16.04 |
EPS(TTM)1.22
EY3.46%
EPS(NY)1.55
Fwd EY4.39%
FCF(TTM)1.05
FCFY2.98%
OCF(TTM)2.02
OCFY5.72%
SpS5.24
BVpS9.14
TBVpS8.87
PEG (NY)1.08
PEG (5Y)1.18
Graham Number15.84
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 | 3.99 |
F-Score6
WACC9.97%
ROIC/WACC0.49
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 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 28.91 and the Price/Book (PB) ratio is 3.86.
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.