IAMGOLD CORP (IAG) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:IAG - CA4509131088 - Common Stock
17.21 USD
+0.17 (+1%)
17.3118 USD
+0.1 (+0.59%)
IAG gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 157 industry peers in the Metals & Mining industry. While IAG is still in line with the averages on profitability rating, there are concerns on its financial health. IAG has both an excellent growth and valuation score. This means it is growing and it is still cheap. This is a rare combination!
1. Profitability
1.1 Basic Checks
In the past year IAG was profitable.
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.
Each year in the past 5 years IAG had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 6.40%, IAG is in the better half of the industry, outperforming 77.71% of the companies in the same industry.
With a decent Return On Equity value of 9.65%, IAG is doing good in the industry, outperforming 73.25% of the companies in the same industry.
The Return On Invested Capital of IAG (10.85%) is better than 82.80% of its industry peers.
The Average Return On Invested Capital over the past 3 years for IAG is significantly below the industry average of 10.36%.
The last Return On Invested Capital (10.85%) for IAG is above the 3 year average (3.41%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.4% | ||
| ROE | 9.65% | ||
| ROIC | 10.85% |
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
With a decent Profit Margin value of 15.39%, IAG is doing good in the industry, outperforming 78.34% of the companies in the same industry.
Looking at the Operating Margin, with a value of 29.64%, IAG belongs to the top of the industry, outperforming 82.17% of the companies in the same industry.
IAG has a Gross Margin of 33.27%. This is in the better half of the industry: IAG outperforms 70.06% of its industry peers.
In the last couple of years the Gross Margin of IAG has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 29.64% | ||
| PM (TTM) | 15.39% | ||
| GM | 33.27% |
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.
IAG has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, IAG has a worse debt to assets ratio.
2.2 Solvency
IAG has an Altman-Z score of 4.29. This indicates that IAG is financially healthy and has little risk of bankruptcy at the moment.
IAG has a Altman-Z score of 4.29. This is comparable to the rest of the industry: IAG outperforms 59.87% of its industry peers.
IAG has a debt to FCF ratio of 5.03. This is a neutral value as IAG would need 5.03 years to pay back of all of its debts.
IAG's Debt to FCF ratio of 5.03 is fine compared to the rest of the industry. IAG outperforms 68.15% of its industry peers.
IAG has a Debt/Equity ratio of 0.30. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of IAG (0.30) is worse than 61.15% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | 5.03 | ||
| Altman-Z | 4.29 |
ROIC/WACC1.18
WACC9.17%
2.3 Liquidity
IAG has a Current Ratio of 1.68. This is a normal value and indicates that IAG is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.68, IAG is not doing good in the industry: 66.24% of the companies in the same industry are doing better.
A Quick Ratio of 0.95 indicates that IAG may have some problems paying its short term obligations.
IAG has a worse Quick ratio (0.95) than 71.34% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.68 | ||
| Quick Ratio | 0.95 |
3. Growth
3.1 Past
IAG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 23.53%, which is quite impressive.
Measured over the past years, IAG shows a very strong growth in Earnings Per Share. The EPS has been growing by 122.40% on average per year.
Looking at the last year, IAG shows a very strong growth in Revenue. The Revenue has grown by 52.98%.
IAG shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.92% yearly.
EPS 1Y (TTM)23.53%
EPS 3Y122.4%
EPS 5YN/A
EPS Q2Q%66.67%
Revenue 1Y (TTM)52.98%
Revenue growth 3Y23.1%
Revenue growth 5Y8.92%
Sales Q2Q%61.02%
3.2 Future
Based on estimates for the next years, IAG will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.47% on average per year.
IAG is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 15.43% yearly.
EPS Next Y75.14%
EPS Next 2Y81.62%
EPS Next 3Y49.89%
EPS Next 5Y12.47%
Revenue Next Year63.31%
Revenue Next 2Y47.18%
Revenue Next 3Y27.76%
Revenue Next 5Y15.43%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past 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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 27.32 indicates a quite expensive valuation of IAG.
Based on the Price/Earnings ratio, IAG is valued a bit cheaper than 73.89% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.19, IAG is valued at the same level.
With a Price/Forward Earnings ratio of 9.49, the valuation of IAG can be described as very reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of IAG indicates a rather cheap valuation: IAG is cheaper than 87.26% 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 23.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.32 | ||
| Fwd PE | 9.49 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of IAG indicates a somewhat cheap valuation: IAG is cheaper than 77.07% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of IAG indicates a somewhat cheap valuation: IAG is cheaper than 70.70% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 45.68 | ||
| EV/EBITDA | 10.23 |
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 49.89% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.36
PEG (5Y)N/A
EPS Next 2Y81.62%
EPS Next 3Y49.89%
5. Dividend
5.1 Amount
IAG does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
17.21
+0.17 (+1%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners75.97%
Inst Owner Change0.01%
Ins Owners0.11%
Ins Owner ChangeN/A
Market Cap9.90B
Revenue(TTM)2.23B
Net Income(TTM)344.00M
Analysts78.57
Price Target17.33 (0.7%)
Short Float %1.52%
Short Ratio0.92
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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)10.1%
Min EPS beat(2)-14.82%
Max EPS beat(2)35.01%
EPS beat(4)2
Avg EPS beat(4)2.35%
Min EPS beat(4)-20.79%
Max EPS beat(4)35.01%
EPS beat(8)6
Avg EPS beat(8)93.62%
EPS beat(12)9
Avg EPS beat(12)-75.02%
EPS beat(16)11
Avg EPS beat(16)-33.97%
Revenue beat(2)2
Avg Revenue beat(2)1.66%
Min Revenue beat(2)0.79%
Max Revenue beat(2)2.53%
Revenue beat(4)2
Avg Revenue beat(4)-2.75%
Min Revenue beat(4)-9.35%
Max Revenue beat(4)2.53%
Revenue beat(8)5
Avg Revenue beat(8)2.1%
Revenue beat(12)7
Avg Revenue beat(12)13.2%
Revenue beat(16)9
Avg Revenue beat(16)4.99%
PT rev (1m)3.49%
PT rev (3m)48.82%
EPS NQ rev (1m)0%
EPS NQ rev (3m)45.36%
EPS NY rev (1m)0%
EPS NY rev (3m)14.63%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)7.23%
Revenue NY rev (1m)0%
Revenue NY rev (3m)4.59%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.32 | ||
| Fwd PE | 9.49 | ||
| P/S | 4.43 | ||
| P/FCF | 45.68 | ||
| P/OCF | 18.22 | ||
| P/B | 2.78 | ||
| P/tB | 2.78 | ||
| EV/EBITDA | 10.23 |
EPS(TTM)0.63
EY3.66%
EPS(NY)1.81
Fwd EY10.54%
FCF(TTM)0.38
FCFY2.19%
OCF(TTM)0.94
OCFY5.49%
SpS3.88
BVpS6.2
TBVpS6.2
PEG (NY)0.36
PEG (5Y)N/A
Graham Number9.37
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.4% | ||
| ROE | 9.65% | ||
| ROCE | 13.33% | ||
| ROIC | 10.85% | ||
| ROICexc | 11.59% | ||
| ROICexgc | 11.59% | ||
| OM | 29.64% | ||
| PM (TTM) | 15.39% | ||
| GM | 33.27% | ||
| FCFM | 9.7% |
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
ROICexgc growth 3YN/A
ROICexgc 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 Turnover0.42
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | 5.03 | ||
| Debt/EBITDA | 1.01 | ||
| Cap/Depr | 85.73% | ||
| Cap/Sales | 14.63% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 52.1% | ||
| Profit Quality | 63.02% | ||
| Current Ratio | 1.68 | ||
| Quick Ratio | 0.95 | ||
| Altman-Z | 4.29 |
F-Score6
WACC9.17%
ROIC/WACC1.18
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)23.53%
EPS 3Y122.4%
EPS 5YN/A
EPS Q2Q%66.67%
EPS Next Y75.14%
EPS Next 2Y81.62%
EPS Next 3Y49.89%
EPS Next 5Y12.47%
Revenue 1Y (TTM)52.98%
Revenue growth 3Y23.1%
Revenue growth 5Y8.92%
Sales Q2Q%61.02%
Revenue Next Year63.31%
Revenue Next 2Y47.18%
Revenue Next 3Y27.76%
Revenue Next 5Y15.43%
EBIT growth 1Y68.74%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year70%
EBIT Next 3Y37.32%
EBIT Next 5Y8.79%
FCF growth 1Y134.35%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y374.02%
OCF growth 3Y19.51%
OCF growth 5Y6.03%
IAMGOLD CORP / IAG FAQ
What is the fundamental rating for IAG stock?
ChartMill assigns a fundamental rating of 5 / 10 to IAG.
What is the valuation status of IAMGOLD CORP (IAG) stock?
ChartMill assigns a valuation rating of 7 / 10 to IAMGOLD CORP (IAG). This can be considered as Undervalued.
How profitable is IAMGOLD CORP (IAG) stock?
IAMGOLD CORP (IAG) has a profitability rating of 6 / 10.
What are the PE and PB ratios of IAMGOLD CORP (IAG) stock?
The Price/Earnings (PE) ratio for IAMGOLD CORP (IAG) is 27.32 and the Price/Book (PB) ratio is 2.78.