IAMGOLD CORP (IAG) Stock Fundamental Analysis
NYSE:IAG - CA4509131088 - Common Stock
9.31 USD
+0.36 (+4.02%)
9.33 USD
+0.02 (+0.21%)
Taking everything into account, IAG scores 5 out of 10 in our fundamental rating. IAG was compared to 156 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.
IAG had a positive operating cash flow in the past year.
In multiple years IAG reported negative net income over the last 5 years.
IAG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
IAG's Return On Assets of 14.99% is amongst the best of the industry. IAG outperforms 94.87% of its industry peers.
The Return On Equity of IAG (23.26%) is better than 95.51% of its industry peers.
IAG has a Return On Invested Capital of 9.22%. This is in the better half of the industry: IAG outperforms 78.21% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for IAG is significantly below the industry average of 12.87%.
The last Return On Invested Capital (9.22%) for IAG is above the 3 year average (3.41%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.99% | ||
| ROE | 23.26% | ||
| ROIC | 9.22% |
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's Profit Margin of 40.61% is amongst the best of the industry. IAG outperforms 96.15% of its industry peers.
IAG has a Operating Margin of 28.32%. This is amongst the best in the industry. IAG outperforms 81.41% of its industry peers.
IAG has a Gross Margin of 32.21%. This is in the better half of the industry: IAG outperforms 71.15% of its industry peers.
In the last couple of years the Gross Margin of IAG has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 28.32% | ||
| PM (TTM) | 40.61% | ||
| GM | 32.21% |
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
IAG has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for IAG has been increased compared to 1 year ago.
IAG has more shares outstanding than it did 5 years ago.
IAG has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.54 indicates that IAG is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of IAG (2.54) is comparable to the rest of the industry.
The Debt to FCF ratio of IAG is 35.78, which is on the high side as it means it would take IAG, 35.78 years of fcf income to pay off all of its debts.
IAG's Debt to FCF ratio of 35.78 is in line compared to the rest of the industry. IAG outperforms 56.41% of its industry peers.
A Debt/Equity ratio of 0.34 indicates that IAG is not too dependend on debt financing.
IAG has a Debt to Equity ratio of 0.34. This is in the lower half of the industry: IAG underperforms 64.74% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 35.78 | ||
| Altman-Z | 2.54 |
ROIC/WACC0.99
WACC9.27%
2.3 Liquidity
IAG has a Current Ratio of 1.47. This is a normal value and indicates that IAG is financially healthy and should not expect problems in meeting its short term obligations.
IAG's Current ratio of 1.47 is on the low side compared to the rest of the industry. IAG is outperformed by 70.51% of its industry peers.
A Quick Ratio of 0.76 indicates that IAG may have some problems paying its short term obligations.
IAG has a Quick ratio of 0.76. This is in the lower half of the industry: IAG underperforms 78.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.47 | ||
| Quick Ratio | 0.76 |
3. Growth
3.1 Past
IAG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 59.38%, 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.
IAG shows a strong growth in Revenue. In the last year, the Revenue has grown by 57.81%.
Measured over the past years, IAG shows a quite strong growth in Revenue. The Revenue has been growing by 8.92% on average per year.
EPS 1Y (TTM)59.38%
EPS 3Y122.4%
EPS 5YN/A
EPS Q2Q%-18.75%
Revenue 1Y (TTM)57.81%
Revenue growth 3Y23.1%
Revenue growth 5Y8.92%
Sales Q2Q%50.77%
3.2 Future
The Earnings Per Share is expected to decrease by -5.98% on average over the next years.
Based on estimates for the next years, IAG will show a small growth in Revenue. The Revenue will grow by 6.87% on average per year.
EPS Next Y51.87%
EPS Next 2Y51.63%
EPS Next 3Y23.12%
EPS Next 5Y-5.98%
Revenue Next Year55.3%
Revenue Next 2Y33.26%
Revenue Next 3Y17.24%
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
Based on the Price/Earnings ratio of 18.25, the valuation of IAG can be described as rather expensive.
IAG's Price/Earnings ratio is rather cheap when compared to the industry. IAG is cheaper than 82.05% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.08, IAG is valued a bit cheaper.
Based on the Price/Forward Earnings ratio of 7.36, the valuation of IAG can be described as very cheap.
Based on the Price/Forward Earnings ratio, IAG is valued cheaper than 91.67% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of IAG to the average of the S&P500 Index (22.72), we can say IAG is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.25 | ||
| Fwd PE | 7.36 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, IAG is valued cheaper than 85.26% of the companies in the same industry.
The rest of the industry has a similar Price/Free Cash Flow ratio as IAG.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 160.8 | ||
| EV/EBITDA | 7.1 |
4.3 Compensation for Growth
IAG's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of IAG may justify a higher PE ratio.
A more expensive valuation may be justified as IAG's earnings are expected to grow with 23.12% in the coming years.
PEG (NY)0.35
PEG (5Y)N/A
EPS Next 2Y51.63%
EPS Next 3Y23.12%
5. Dividend
5.1 Amount
IAG does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
9.31
+0.36 (+4.02%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners69.14%
Inst Owner Change10.63%
Ins Owners0.11%
Ins Owner ChangeN/A
Market Cap5.35B
Analysts75.71
Price Target10.35 (11.17%)
Short Float %2.39%
Short Ratio0.9
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)-2.41%
Min EPS beat(2)-14.82%
Max EPS beat(2)10.01%
EPS beat(4)2
Avg EPS beat(4)13.65%
Min EPS beat(4)-20.79%
Max EPS beat(4)80.22%
EPS beat(8)6
Avg EPS beat(8)92.22%
EPS beat(12)8
Avg EPS beat(12)-78%
EPS beat(16)10
Avg EPS beat(16)-67.7%
Revenue beat(2)1
Avg Revenue beat(2)-3.41%
Min Revenue beat(2)-9.35%
Max Revenue beat(2)2.53%
Revenue beat(4)1
Avg Revenue beat(4)-3.2%
Min Revenue beat(4)-9.35%
Max Revenue beat(4)2.53%
Revenue beat(8)4
Avg Revenue beat(8)1.38%
Revenue beat(12)7
Avg Revenue beat(12)14.31%
Revenue beat(16)8
Avg Revenue beat(16)4.72%
PT rev (1m)-0.12%
PT rev (3m)5.46%
EPS NQ rev (1m)22.04%
EPS NQ rev (3m)26.19%
EPS NY rev (1m)9%
EPS NY rev (3m)9%
Revenue NQ rev (1m)-1.87%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)3.45%
Revenue NY rev (3m)5.79%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.25 | ||
| Fwd PE | 7.36 | ||
| P/S | 2.72 | ||
| P/FCF | 160.8 | ||
| P/OCF | 13.09 | ||
| P/B | 1.56 | ||
| P/tB | 1.56 | ||
| EV/EBITDA | 7.1 |
EPS(TTM)0.51
EY5.48%
EPS(NY)1.26
Fwd EY13.58%
FCF(TTM)0.06
FCFY0.62%
OCF(TTM)0.71
OCFY7.64%
SpS3.42
BVpS5.97
TBVpS5.97
PEG (NY)0.35
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.99% | ||
| ROE | 23.26% | ||
| ROCE | 11.33% | ||
| ROIC | 9.22% | ||
| ROICexc | 9.66% | ||
| ROICexgc | 9.66% | ||
| OM | 28.32% | ||
| PM (TTM) | 40.61% | ||
| GM | 32.21% | ||
| FCFM | 1.69% |
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 Turnover0.37
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 35.78 | ||
| Debt/EBITDA | 1.3 | ||
| Cap/Depr | 112.82% | ||
| Cap/Sales | 19.11% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 45.97% | ||
| Profit Quality | 4.17% | ||
| Current Ratio | 1.47 | ||
| Quick Ratio | 0.76 | ||
| Altman-Z | 2.54 |
F-Score6
WACC9.27%
ROIC/WACC0.99
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)59.38%
EPS 3Y122.4%
EPS 5YN/A
EPS Q2Q%-18.75%
EPS Next Y51.87%
EPS Next 2Y51.63%
EPS Next 3Y23.12%
EPS Next 5Y-5.98%
Revenue 1Y (TTM)57.81%
Revenue growth 3Y23.1%
Revenue growth 5Y8.92%
Sales Q2Q%50.77%
Revenue Next Year55.3%
Revenue Next 2Y33.26%
Revenue Next 3Y17.24%
Revenue Next 5Y6.87%
EBIT growth 1Y139.84%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year48.25%
EBIT Next 3Y15.35%
EBIT Next 5Y5.38%
FCF growth 1Y106.05%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y109.9%
OCF growth 3Y19.51%
OCF growth 5Y6.03%