IAMGOLD CORP (IAG) Stock Fundamental Analysis
USA - NYSE:IAG - CA4509131088 - Common Stock
11.97 USD
+0.63 (+5.56%)
11.98 USD
+0.01 (+0.08%)
IAG gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 156 industry peers in the Metals & Mining industry. IAG has an excellent profitability rating, but there are concerns on its financial health. IAG has a decent growth rate and is not valued too expensively.
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 has a Return On Assets of 14.99%. This is amongst the best in the industry. IAG outperforms 95.51% of its industry peers.
IAG has a Return On Equity of 23.26%. This is amongst the best in the industry. IAG outperforms 95.51% of its industry peers.
With a decent Return On Invested Capital value of 9.22%, IAG is doing good in the industry, outperforming 78.85% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for IAG is significantly below the industry average of 12.88%.
The 3 year average ROIC (3.41%) for IAG is below the current ROIC(9.22%), indicating increased profibility in the last year.
| 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 has a better Profit Margin (40.61%) than 96.79% of its industry peers.
The Operating Margin of IAG (28.32%) is better than 82.05% of its industry peers.
Looking at the Gross Margin, with a value of 32.21%, IAG is in the better half of the industry, outperforming 70.51% of the companies in the same industry.
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 just above the Cost of Capital (WACC), which means it is creating some value.
IAG has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, IAG has more shares outstanding
The debt/assets ratio for IAG is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.91 indicates that IAG is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.91, IAG is in line with its industry, outperforming 49.36% of the companies in the same industry.
IAG has a debt to FCF ratio of 35.78. This is a negative value and a sign of low solvency as IAG would need 35.78 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 35.78, IAG is in line with its industry, outperforming 56.41% of the companies in the same industry.
IAG has a Debt/Equity ratio of 0.34. This is a healthy value indicating a solid balance between debt and equity.
IAG's Debt to Equity ratio of 0.34 is on the low side compared to the rest of the industry. IAG is outperformed by 64.74% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 35.78 | ||
| Altman-Z | 2.91 |
ROIC/WACC1.08
WACC8.55%
2.3 Liquidity
A Current Ratio of 1.47 indicates that IAG should not have too much problems paying its short term obligations.
IAG has a Current ratio of 1.47. This is in the lower half of the industry: IAG underperforms 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 79.49% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.47 | ||
| Quick Ratio | 0.76 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 59.38% over the past year.
The Earnings Per Share has been growing by 122.40% on average over the past years. This is a very strong growth
Looking at the last year, IAG shows a very strong growth in Revenue. 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
IAG is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -5.98% yearly.
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 Year57.11%
Revenue Next 2Y34.59%
Revenue Next 3Y17.95%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 23.47, the valuation of IAG can be described as rather expensive.
IAG's Price/Earnings ratio is a bit cheaper when compared to the industry. IAG is cheaper than 76.92% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.41, IAG is valued at the same level.
IAG is valuated reasonably with a Price/Forward Earnings ratio of 9.47.
Based on the Price/Forward Earnings ratio, IAG is valued cheaper than 87.82% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.87. IAG is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.47 | ||
| Fwd PE | 9.47 |
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 82.69% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of IAG is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 206.74 | ||
| EV/EBITDA | 8.41 |
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.
A more expensive valuation may be justified as IAG's earnings are expected to grow with 23.12% in the coming years.
PEG (NY)0.45
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 |
11.97
+0.63 (+5.56%)
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 Cap6.88B
Analysts75.71
Price Target11.06 (-7.6%)
Short Float %2.08%
Short Ratio0.95
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)1.02%
PT rev (3m)9.48%
EPS NQ rev (1m)14.67%
EPS NQ rev (3m)27.78%
EPS NY rev (1m)0%
EPS NY rev (3m)9%
Revenue NQ rev (1m)4.25%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)1.16%
Revenue NY rev (3m)7.02%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.47 | ||
| Fwd PE | 9.47 | ||
| P/S | 3.5 | ||
| P/FCF | 206.74 | ||
| P/OCF | 16.83 | ||
| P/B | 2.01 | ||
| P/tB | 2.01 | ||
| EV/EBITDA | 8.41 |
EPS(TTM)0.51
EY4.26%
EPS(NY)1.26
Fwd EY10.56%
FCF(TTM)0.06
FCFY0.48%
OCF(TTM)0.71
OCFY5.94%
SpS3.42
BVpS5.97
TBVpS5.97
PEG (NY)0.45
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 | 2.91 |
F-Score6
WACC8.55%
ROIC/WACC1.08
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 Year57.11%
Revenue Next 2Y34.59%
Revenue Next 3Y17.95%
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%