IAMGOLD CORP (IAG) Stock Fundamental Analysis
NYSE:IAG - New York Stock Exchange, Inc. - CA4509131088 - Common Stock - Currency: USD
Overall IAG gets a fundamental rating of 5 out of 10. We evaluated IAG against 154 industry peers in the Metals & Mining industry. While IAG belongs to the best of the industry regarding profitability, there are concerns on its financial health. IAG scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
1. Profitability
1.1 Basic Checks
IAG had positive earnings in the past year.
In the past year IAG had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: IAG reported negative net income in multiple years.
IAG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 14.93%, IAG belongs to the top of the industry, outperforming 94.16% of the companies in the same industry.
The Return On Equity of IAG (23.71%) is better than 94.16% of its industry peers.
IAG's Return On Invested Capital of 8.53% is fine compared to the rest of the industry. IAG outperforms 77.92% of its industry peers.
IAG had an Average Return On Invested Capital over the past 3 years of 3.41%. This is significantly below the industry average of 11.16%.
The last Return On Invested Capital (8.53%) for IAG is above the 3 year average (3.41%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.93% | ||
| ROE | 23.71% | ||
| ROIC | 8.53% |
ROA(3y)5.25%
ROA(5y)2.07%
ROE(3y)8.52%
ROE(5y)3.18%
ROIC(3y)3.41%
ROIC(5y)N/A
1.3 Margins
IAG has a Profit Margin of 45.42%. This is amongst the best in the industry. IAG outperforms 98.05% of its industry peers.
Looking at the Operating Margin, with a value of 29.03%, IAG belongs to the top of the industry, outperforming 84.42% of the companies in the same industry.
IAG has a better Gross Margin (33.05%) than 73.38% of its industry peers.
In the last couple of years the Gross Margin of IAG has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 29.03% | ||
| PM (TTM) | 45.42% | ||
| GM | 33.05% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y67.98%
GM growth 5Y38.81%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so IAG is still creating some value.
The number of shares outstanding for IAG has been increased compared to 1 year ago.
The number of shares outstanding for IAG has been increased compared to 5 years ago.
The debt/assets ratio for IAG is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.06 indicates that IAG is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of IAG (2.06) is comparable to the rest of the industry.
The Debt to FCF ratio of IAG is 86.36, which is on the high side as it means it would take IAG, 86.36 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 86.36, IAG perfoms like the industry average, outperforming 57.14% of the companies in the same industry.
A Debt/Equity ratio of 0.33 indicates that IAG is not too dependend on debt financing.
The Debt to Equity ratio of IAG (0.33) is worse than 63.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 86.36 | ||
| Altman-Z | 2.06 |
ROIC/WACC1.11
WACC7.66%
2.3 Liquidity
IAG has a Current Ratio of 1.41. This is a normal value and indicates that IAG is financially healthy and should not expect problems in meeting its short term obligations.
IAG has a Current ratio of 1.41. This is in the lower half of the industry: IAG underperforms 74.03% of its industry peers.
A Quick Ratio of 0.83 indicates that IAG may have some problems paying its short term obligations.
IAG has a worse Quick ratio (0.83) than 76.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.41 | ||
| Quick Ratio | 0.83 |
3. Growth
3.1 Past
IAG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 260.00%, which is quite impressive.
IAG shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 122.40% yearly.
The Revenue has grown by 61.05% in the past year. This is a very strong growth!
The Revenue has been growing by 8.92% on average over the past years. This is quite good.
EPS 1Y (TTM)260%
EPS 3Y122.4%
EPS 5YN/A
EPS Q2Q%-9.09%
Revenue 1Y (TTM)61.05%
Revenue growth 3Y23.1%
Revenue growth 5Y8.92%
Sales Q2Q%40.78%
3.2 Future
Based on estimates for the next years, IAG will show a decrease in Earnings Per Share. The EPS will decrease by -5.98% on average per year.
The Revenue is expected to grow by 6.87% on average over the next years.
EPS Next Y39.33%
EPS Next 2Y24.94%
EPS Next 3Y14.77%
EPS Next 5Y-5.98%
Revenue Next Year46.81%
Revenue Next 2Y26.4%
Revenue Next 3Y14.07%
Revenue Next 5Y6.87%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 13.96, IAG is valued correctly.
88.31% of the companies in the same industry are more expensive than IAG, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 26.32, IAG is valued a bit cheaper.
IAG is valuated reasonably with a Price/Forward Earnings ratio of 8.78.
Compared to the rest of the industry, the Price/Forward Earnings ratio of IAG indicates a rather cheap valuation: IAG is cheaper than 82.47% of the companies listed in the same industry.
IAG's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.19.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.96 | ||
| Fwd PE | 8.78 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of IAG indicates a rather cheap valuation: IAG is cheaper than 85.06% of the companies listed in the same industry.
IAG's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 326.01 | ||
| EV/EBITDA | 6.36 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
IAG has a very decent profitability rating, which may justify a higher PE ratio.
IAG's earnings are expected to grow with 14.77% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.35
PEG (5Y)N/A
EPS Next 2Y24.94%
EPS Next 3Y14.77%
5. Dividend
5.1 Amount
IAG does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
7.54
+0.06 (+0.8%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners69.14%
Inst Owner Change3.54%
Ins Owners0.11%
Ins Owner ChangeN/A
Market Cap4.34B
Analysts75.71
Price Target10.03 (33.02%)
Short Float %1.95%
Short Ratio0.63
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-5.39%
Min EPS beat(2)-20.79%
Max EPS beat(2)10.01%
EPS beat(4)3
Avg EPS beat(4)36.36%
Min EPS beat(4)-20.79%
Max EPS beat(4)80.22%
EPS beat(8)7
Avg EPS beat(8)95.93%
EPS beat(12)8
Avg EPS beat(12)-88.71%
EPS beat(16)10
Avg EPS beat(16)-86.77%
Revenue beat(2)0
Avg Revenue beat(2)-7.17%
Min Revenue beat(2)-9.35%
Max Revenue beat(2)-4.99%
Revenue beat(4)1
Avg Revenue beat(4)-3.08%
Min Revenue beat(4)-9.35%
Max Revenue beat(4)3.02%
Revenue beat(8)4
Avg Revenue beat(8)1.13%
Revenue beat(12)6
Avg Revenue beat(12)13.73%
Revenue beat(16)7
Avg Revenue beat(16)4.26%
PT rev (1m)2.27%
PT rev (3m)28.75%
EPS NQ rev (1m)33.33%
EPS NQ rev (3m)11.11%
EPS NY rev (1m)0%
EPS NY rev (3m)-2.49%
Revenue NQ rev (1m)-7.75%
Revenue NQ rev (3m)-7.75%
Revenue NY rev (1m)0%
Revenue NY rev (3m)7.93%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.96 | ||
| Fwd PE | 8.78 | ||
| P/S | 2.45 | ||
| P/FCF | 326.01 | ||
| P/OCF | 8.96 | ||
| P/B | 1.28 | ||
| P/tB | 1.28 | ||
| EV/EBITDA | 6.36 |
EPS(TTM)0.54
EY7.16%
EPS(NY)0.86
Fwd EY11.39%
FCF(TTM)0.02
FCFY0.31%
OCF(TTM)0.84
OCFY11.16%
SpS3.08
BVpS5.9
TBVpS5.9
PEG (NY)0.35
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.93% | ||
| ROE | 23.71% | ||
| ROCE | 10.48% | ||
| ROIC | 8.53% | ||
| ROICexc | 9.12% | ||
| ROICexgc | 9.12% | ||
| OM | 29.03% | ||
| PM (TTM) | 45.42% | ||
| GM | 33.05% | ||
| FCFM | 0.75% |
ROA(3y)5.25%
ROA(5y)2.07%
ROE(3y)8.52%
ROE(5y)3.18%
ROIC(3y)3.41%
ROIC(5y)N/A
ROICexc(3y)3.46%
ROICexc(5y)N/A
ROICexgc(3y)3.46%
ROICexgc(5y)N/A
ROCE(3y)4.18%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y67.98%
GM growth 5Y38.81%
F-Score6
Asset Turnover0.33
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 86.36 | ||
| Debt/EBITDA | 1.39 | ||
| Cap/Depr | 160.77% | ||
| Cap/Sales | 26.56% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 59.96% | ||
| Profit Quality | 1.65% | ||
| Current Ratio | 1.41 | ||
| Quick Ratio | 0.83 | ||
| Altman-Z | 2.06 |
F-Score6
WACC7.66%
ROIC/WACC1.11
Cap/Depr(3y)306.69%
Cap/Depr(5y)241.59%
Cap/Sales(3y)67.93%
Cap/Sales(5y)59.72%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)260%
EPS 3Y122.4%
EPS 5YN/A
EPS Q2Q%-9.09%
EPS Next Y39.33%
EPS Next 2Y24.94%
EPS Next 3Y14.77%
EPS Next 5Y-5.98%
Revenue 1Y (TTM)61.05%
Revenue growth 3Y23.1%
Revenue growth 5Y8.92%
Sales Q2Q%40.78%
Revenue Next Year46.81%
Revenue Next 2Y26.4%
Revenue Next 3Y14.07%
Revenue Next 5Y6.87%
EBIT growth 1Y415.13%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year48.25%
EBIT Next 3Y15.35%
EBIT Next 5Y5.87%
FCF growth 1Y102.48%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y90.73%
OCF growth 3Y19.51%
OCF growth 5Y6.03%