LUNDIN MINING CORP (LUN.CA) Fundamental Analysis & Valuation
TSX:LUN • CA5503721063
Current stock price
34.86 CAD
+0.99 (+2.92%)
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.
- In the past year LUN had a positive cash flow from operations.
- LUN had positive earnings in 4 of the past 5 years.
- Each year in the past 5 years LUN had a positive operating cash flow.
1.2 Ratios
- Looking at the Return On Assets, with a value of 11.86%, LUN belongs to the top of the industry, outperforming 93.15% of the companies in the same industry.
- LUN has a better Return On Equity (19.38%) than 95.02% of its industry peers.
- LUN has a Return On Invested Capital of 7.22%. This is amongst the best in the industry. LUN outperforms 91.66% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for LUN is significantly below the industry average of 13.35%.
- The last Return On Invested Capital (7.22%) for LUN is above the 3 year average (4.85%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.86% | ||
| ROE | 19.38% | ||
| ROIC | 7.22% |
ROA(3y)4.04%
ROA(5y)5.51%
ROE(3y)6.55%
ROE(5y)9.2%
ROIC(3y)4.85%
ROIC(5y)5.69%
1.3 Margins
- LUN's Profit Margin of 31.66% is amongst the best of the industry. LUN outperforms 95.64% of its industry peers.
- LUN's Profit Margin has improved in the last couple of years.
- LUN's Operating Margin of 33.57% is amongst the best of the industry. LUN outperforms 94.02% 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 36.67%, LUN belongs to the best of the industry, outperforming 91.53% of the companies in the same industry.
- LUN's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 33.57% | ||
| PM (TTM) | 31.66% | ||
| GM | 36.67% |
OM growth 3Y17.62%
OM growth 5Y11.63%
PM growth 3Y31.14%
PM growth 5Y30.8%
GM growth 3Y10.37%
GM growth 5Y8.49%
2. LUN.CA Health Analysis
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), LUN is destroying value.
- The number of shares outstanding for LUN has been increased compared to 1 year ago.
- Compared to 5 years ago, LUN has more shares outstanding
- LUN has a better debt/assets ratio than last year.
2.2 Solvency
- LUN has an Altman-Z score of 4.16. This indicates that LUN is financially healthy and has little risk of bankruptcy at the moment.
- LUN's Altman-Z score of 4.16 is in line compared to the rest of the industry. LUN outperforms 52.05% of its industry peers.
- LUN has a debt to FCF ratio of 0.71. This is a very positive value and a sign of high solvency as it would only need 0.71 years to pay back of all of its debts.
- LUN's Debt to FCF ratio of 0.71 is amongst the best of the industry. LUN outperforms 94.40% of its industry peers.
- LUN has a Debt/Equity ratio of 0.03. This is a healthy value indicating a solid balance between debt and equity.
- LUN has a Debt to Equity ratio (0.03) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.71 | ||
| Altman-Z | 4.16 |
ROIC/WACC0.61
WACC11.88%
2.3 Liquidity
- A Current Ratio of 1.64 indicates that LUN should not have too much problems paying its short term obligations.
- LUN has a Current ratio (1.64) which is comparable to the rest of the industry.
- A Quick Ratio of 1.17 indicates that LUN should not have too much problems paying its short term obligations.
- LUN's Quick ratio of 1.17 is in line compared to the rest of the industry. LUN outperforms 40.60% 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 | 1.64 | ||
| Quick Ratio | 1.17 |
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.
- Measured over the past years, LUN shows a very strong growth in Earnings Per Share. The EPS has been growing by 24.57% on average per year.
- LUN shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 18.42%.
- Measured over the past years, LUN shows a quite strong growth in Revenue. The Revenue has been growing by 14.70% on average per year.
EPS 1Y (TTM)97.37%
EPS 3Y12.04%
EPS 5Y24.57%
EPS Q2Q%186.67%
Revenue 1Y (TTM)18.42%
Revenue growth 3Y10.05%
Revenue growth 5Y14.7%
Sales Q2Q%51.53%
3.2 Future
- LUN is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 18.59% yearly.
- Based on estimates for the next years, LUN will show a quite strong growth in Revenue. The Revenue will grow by 8.87% on average per year.
EPS Next Y25.74%
EPS Next 2Y14.72%
EPS Next 3Y6.54%
EPS Next 5Y18.59%
Revenue Next Year12.08%
Revenue Next 2Y6.69%
Revenue Next 3Y0.93%
Revenue Next 5Y8.87%
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.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. LUN.CA Valuation Analysis
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 28.34, which means the current valuation is very expensive for LUN.
- Based on the Price/Earnings ratio, LUN is valued cheaper than 88.67% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 26.77. LUN is around the same levels.
- The Price/Forward Earnings ratio is 22.54, which indicates a rather expensive current valuation of LUN.
- Based on the Price/Forward Earnings ratio, LUN is valued cheaper than 88.79% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of LUN to the average of the S&P500 Index (21.75), we can say LUN is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.34 | ||
| Fwd PE | 22.54 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, LUN is valued cheaply inside the industry as 93.40% 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 92.53% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 34.3 | ||
| EV/EBITDA | 11.09 |
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)1.1
PEG (5Y)1.15
EPS Next 2Y14.72%
EPS Next 3Y6.54%
5. LUN.CA Dividend Analysis
5.1 Amount
- LUN has a yearly dividend return of 0.29%, which is pretty low.
- LUN's Dividend Yield is rather good when compared to the industry average which is at 0.85. LUN pays more dividend than 94.65% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.82, LUN's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.29% |
5.2 History
- The dividend of LUN has a limited annual growth rate of 1.63%.
- LUN has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)1.63%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- LUN pays out 8.24% of its income as dividend. This is a sustainable payout ratio.
- LUN's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP8.24%
EPS Next 2Y14.72%
EPS Next 3Y6.54%
LUN.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:LUN (4/30/2026, 7:00:00 PM)
34.86
+0.99 (+2.92%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Industry Strength92.13
Industry Growth19.4
Earnings (Last)02-19 2026-02-19/amc
Earnings (Next)05-06 2026-05-06/bmo
Inst Owners47.9%
Inst Owner ChangeN/A
Ins Owners0.8%
Ins Owner ChangeN/A
Market Cap29.82B
Revenue(TTM)4.05B
Net Income(TTM)1.28B
Analysts74.48
Price Target39.87 (14.37%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.29% |
Yearly Dividend0.18
Dividend Growth(5Y)1.63%
DP8.24%
Div Incr Years0
Div Non Decr Years0
Ex-Date03-20 2026-03-20 (0.0275)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)32.49%
Min EPS beat(2)16.1%
Max EPS beat(2)48.89%
EPS beat(4)4
Avg EPS beat(4)24.3%
Min EPS beat(4)4.28%
Max EPS beat(4)48.89%
EPS beat(8)4
Avg EPS beat(8)0.75%
EPS beat(12)5
Avg EPS beat(12)-5.98%
EPS beat(16)7
Avg EPS beat(16)-7.12%
Revenue beat(2)2
Avg Revenue beat(2)9.63%
Min Revenue beat(2)8.12%
Max Revenue beat(2)11.14%
Revenue beat(4)4
Avg Revenue beat(4)9.06%
Min Revenue beat(4)6.83%
Max Revenue beat(4)11.14%
Revenue beat(8)4
Avg Revenue beat(8)0.32%
Revenue beat(12)5
Avg Revenue beat(12)-1.28%
Revenue beat(16)7
Avg Revenue beat(16)-2.47%
PT rev (1m)6.64%
PT rev (3m)33.71%
EPS NQ rev (1m)2.69%
EPS NQ rev (3m)18.45%
EPS NY rev (1m)-0.88%
EPS NY rev (3m)9.44%
Revenue NQ rev (1m)1.5%
Revenue NQ rev (3m)7.88%
Revenue NY rev (1m)0.65%
Revenue NY rev (3m)9.62%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.34 | ||
| Fwd PE | 22.54 | ||
| P/S | 5.38 | ||
| P/FCF | 34.3 | ||
| P/OCF | 16.52 | ||
| P/B | 3.3 | ||
| P/tB | 3.38 | ||
| EV/EBITDA | 11.09 |
EPS(TTM)1.23
EY3.53%
EPS(NY)1.55
Fwd EY4.44%
FCF(TTM)1.02
FCFY2.92%
OCF(TTM)2.11
OCFY6.05%
SpS6.48
BVpS10.58
TBVpS10.32
PEG (NY)1.1
PEG (5Y)1.15
Graham Number17.1096 (-50.92%)
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.86% | ||
| ROE | 19.38% | ||
| ROCE | 14.2% | ||
| ROIC | 7.22% | ||
| ROICexc | 7.46% | ||
| ROICexgc | 7.59% | ||
| OM | 33.57% | ||
| PM (TTM) | 31.66% | ||
| GM | 36.67% | ||
| FCFM | 15.69% |
ROA(3y)4.04%
ROA(5y)5.51%
ROE(3y)6.55%
ROE(5y)9.2%
ROIC(3y)4.85%
ROIC(5y)5.69%
ROICexc(3y)5.04%
ROICexc(5y)6.01%
ROICexgc(3y)5.15%
ROICexgc(5y)6.19%
ROCE(3y)9.55%
ROCE(5y)11.18%
ROICexgc growth 3Y17.05%
ROICexgc growth 5Y18.08%
ROICexc growth 3Y17.83%
ROICexc growth 5Y18.62%
OM growth 3Y17.62%
OM growth 5Y11.63%
PM growth 3Y31.14%
PM growth 5Y30.8%
GM growth 3Y10.37%
GM growth 5Y8.49%
F-Score8
Asset Turnover0.37
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.71 | ||
| Debt/EBITDA | 0.11 | ||
| Cap/Depr | 110.62% | ||
| Cap/Sales | 16.89% | ||
| Interest Coverage | 20.34 | ||
| Cash Conversion | 66.72% | ||
| Profit Quality | 49.57% | ||
| Current Ratio | 1.64 | ||
| Quick Ratio | 1.17 | ||
| Altman-Z | 4.16 |
F-Score8
WACC11.88%
ROIC/WACC0.61
Cap/Depr(3y)132.82%
Cap/Depr(5y)130.44%
Cap/Sales(3y)26.17%
Cap/Sales(5y)24.44%
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 Y25.74%
EPS Next 2Y14.72%
EPS Next 3Y6.54%
EPS Next 5Y18.59%
Revenue 1Y (TTM)18.42%
Revenue growth 3Y10.05%
Revenue growth 5Y14.7%
Sales Q2Q%51.53%
Revenue Next Year12.08%
Revenue Next 2Y6.69%
Revenue Next 3Y0.93%
Revenue Next 5Y8.87%
EBIT growth 1Y79.16%
EBIT growth 3Y29.44%
EBIT growth 5Y28.04%
EBIT Next Year81.54%
EBIT Next 3Y18.15%
EBIT Next 5Y25.09%
FCF growth 1Y-10.62%
FCF growth 3Y165.49%
FCF growth 5Y36.4%
OCF growth 1Y-13.05%
OCF growth 3Y14.62%
OCF growth 5Y18.47%
LUNDIN MINING CORP / LUN.CA Fundamental Analysis FAQ
What is the fundamental rating for LUN stock?
ChartMill assigns a fundamental rating of 7 / 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.
How profitable is LUNDIN MINING CORP (LUN.CA) stock?
LUNDIN MINING CORP (LUN.CA) has a profitability rating of 9 / 10.
What is the valuation of LUNDIN MINING CORP based on its PE and PB ratios?
The Price/Earnings (PE) ratio for LUNDIN MINING CORP (LUN.CA) is 28.34 and the Price/Book (PB) ratio is 3.3.
Can you provide the dividend sustainability for LUN stock?
The dividend rating of LUNDIN MINING CORP (LUN.CA) is 5 / 10 and the dividend payout ratio is 8.24%.