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IAMGOLD CORP (IMG.CA) Stock Fundamental Analysis

TSX:IMG - Toronto Stock Exchange - CA4509131088 - Common Stock - Currency: CAD

9.27  +0.15 (+1.64%)

Fundamental Rating

5

IMG gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 832 industry peers in the Metals & Mining industry. While IMG has a great profitability rating, there are quite some concerns on its financial health. IMG is valued quite cheap, while showing a decent growth score. This is a good combination!


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

IMG had positive earnings in the past year.
IMG had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: IMG reported negative net income in multiple years.
Each year in the past 5 years IMG had a positive operating cash flow.
IMG.CA Yearly Net Income VS EBIT VS OCF VS FCFIMG.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 200M -200M 400M -400M -600M

1.2 Ratios

IMG has a better Return On Assets (13.01%) than 95.31% of its industry peers.
The Return On Equity of IMG (22.24%) is better than 96.25% of its industry peers.
IMG has a Return On Invested Capital of 6.22%. This is amongst the best in the industry. IMG outperforms 93.17% of its industry peers.
Industry RankSector Rank
ROA 13.01%
ROE 22.24%
ROIC 6.22%
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
IMG.CA Yearly ROA, ROE, ROICIMG.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 10 -10 -20 -30

1.3 Margins

IMG has a better Profit Margin (49.57%) than 98.53% of its industry peers.
In the last couple of years the Profit Margin of IMG has grown nicely.
IMG has a better Operating Margin (26.87%) than 95.31% of its industry peers.
In the last couple of years the Operating Margin of IMG has declined.
The Gross Margin of IMG (32.09%) is better than 92.37% of its industry peers.
IMG's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 26.87%
PM (TTM) 49.57%
GM 32.09%
OM growth 3Y-39.43%
OM growth 5Y-5.12%
PM growth 3Y40.69%
PM growth 5YN/A
GM growth 3Y-14.56%
GM growth 5Y0.4%
IMG.CA Yearly Profit, Operating, Gross MarginsIMG.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 20 -20 40 -40 -60 -80

1

2. Health

2.1 Basic Checks

IMG has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
There is no outstanding debt for IMG. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
IMG.CA Yearly Shares OutstandingIMG.CA Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 100M 200M 300M 400M
IMG.CA Yearly Total Debt VS Total AssetsIMG.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 1B 2B 3B 4B

2.2 Solvency

Based on the Altman-Z score of 1.48, we must say that IMG is in the distress zone and has some risk of bankruptcy.
IMG has a Altman-Z score (1.48) which is comparable to the rest of the industry.
IMG has a Debt/Equity ratio of 0.28. This is a healthy value indicating a solid balance between debt and equity.
IMG has a worse Debt to Equity ratio (0.28) than 75.50% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.28
Debt/FCF N/A
Altman-Z 1.48
ROIC/WACC0.65
WACC9.52%
IMG.CA Yearly LT Debt VS Equity VS FCFIMG.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 1B 2B

2.3 Liquidity

IMG has a Current Ratio of 0.89. This is a bad value and indicates that IMG is not financially healthy enough and could expect problems in meeting its short term obligations.
IMG has a worse Current ratio (0.89) than 65.19% of its industry peers.
A Quick Ratio of 0.61 indicates that IMG may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.61, IMG is doing worse than 68.94% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.89
Quick Ratio 0.61
IMG.CA Yearly Current Assets VS Current LiabilitesIMG.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 500M 1B 1.5B

6

3. Growth

3.1 Past

IMG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 2650.00%, which is quite impressive.
IMG shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -30.66% yearly.
IMG shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -11.38%.
The Revenue has been decreasing by -2.34% on average over the past years.
EPS 1Y (TTM)2650%
EPS 3Y-30.66%
EPS 5YN/A
EPS Q2Q%1900%
Revenue 1Y (TTM)-11.38%
Revenue growth 3Y-7.36%
Revenue growth 5Y-2.34%
Sales Q2Q%95.5%

3.2 Future

The Earnings Per Share is expected to grow by 61.86% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 37.27% on average over the next years. This is a very strong growth
EPS Next Y853.89%
EPS Next 2Y263.9%
EPS Next 3Y163.94%
EPS Next 5Y61.86%
Revenue Next Year72.31%
Revenue Next 2Y53.66%
Revenue Next 3Y37.27%
Revenue Next 5YN/A

3.3 Evolution

The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
IMG.CA Yearly Revenue VS EstimatesIMG.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 500M 1B 1.5B 2B 2.5B
IMG.CA Yearly EPS VS EstimatesIMG.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 0.5 1

7

4. Valuation

4.1 Price/Earnings Ratio

Based on the Price/Earnings ratio of 12.70, the valuation of IMG can be described as correct.
Based on the Price/Earnings ratio, IMG is valued cheaper than 91.57% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 28.35. IMG is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 8.17, the valuation of IMG can be described as very reasonable.
Based on the Price/Forward Earnings ratio, IMG is valued cheaper than 94.51% of the companies in the same industry.
IMG's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 95.00.
Industry RankSector Rank
PE 12.7
Fwd PE 8.17
IMG.CA Price Earnings VS Forward Price EarningsIMG.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, IMG is valued cheaply inside the industry as 93.31% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 6.34
IMG.CA Per share dataIMG.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 4 6 8

4.3 Compensation for Growth

IMG's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
IMG has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as IMG's earnings are expected to grow with 163.94% in the coming years.
PEG (NY)0.01
PEG (5Y)N/A
EPS Next 2Y263.9%
EPS Next 3Y163.94%

0

5. Dividend

5.1 Amount

IMG does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

IAMGOLD CORP

TSX:IMG (2/5/2025, 7:00:00 PM)

9.27

+0.15 (+1.64%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)11-07 2024-11-07/amc
Earnings (Next)02-20 2025-02-20/amc
Inst Owners65.03%
Inst Owner ChangeN/A
Ins Owners0.08%
Ins Owner ChangeN/A
Market Cap5.30B
Analysts73.85
Price Target10.34 (11.54%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector 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)2
Avg EPS beat(2)78.12%
Min EPS beat(2)76.02%
Max EPS beat(2)80.22%
EPS beat(4)4
Avg EPS beat(4)184.88%
Min EPS beat(4)76.02%
Max EPS beat(4)415.92%
EPS beat(8)7
Avg EPS beat(8)-113.7%
EPS beat(12)9
Avg EPS beat(12)-46.08%
EPS beat(16)9
Avg EPS beat(16)-94.43%
Revenue beat(2)1
Avg Revenue beat(2)1.01%
Min Revenue beat(2)-0.99%
Max Revenue beat(2)3.02%
Revenue beat(4)3
Avg Revenue beat(4)6.95%
Min Revenue beat(4)-0.99%
Max Revenue beat(4)25.6%
Revenue beat(8)5
Avg Revenue beat(8)21.18%
Revenue beat(12)7
Avg Revenue beat(12)7.58%
Revenue beat(16)7
Avg Revenue beat(16)4.44%
PT rev (1m)0.01%
PT rev (3m)18.39%
EPS NQ rev (1m)10.63%
EPS NQ rev (3m)50.98%
EPS NY rev (1m)0.17%
EPS NY rev (3m)12.21%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.42%
Valuation
Industry RankSector Rank
PE 12.7
Fwd PE 8.17
P/S 2.54
P/FCF N/A
P/OCF 8.18
P/B 1.14
P/tB 1.14
EV/EBITDA 6.34
EPS(TTM)0.73
EY7.87%
EPS(NY)1.13
Fwd EY12.23%
FCF(TTM)-0.59
FCFYN/A
OCF(TTM)1.13
OCFY12.23%
SpS3.65
BVpS8.13
TBVpS8.13
PEG (NY)0.01
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 13.01%
ROE 22.24%
ROCE 8.64%
ROIC 6.22%
ROICexc 7.09%
ROICexgc 7.09%
OM 26.87%
PM (TTM) 49.57%
GM 32.09%
FCFM N/A
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-39.43%
OM growth 5Y-5.12%
PM growth 3Y40.69%
PM growth 5YN/A
GM growth 3Y-14.56%
GM growth 5Y0.4%
F-Score5
Asset Turnover0.26
Health
Industry RankSector Rank
Debt/Equity 0.28
Debt/FCF N/A
Debt/EBITDA 1.41
Cap/Depr 271.46%
Cap/Sales 47.2%
Interest Coverage 250
Cash Conversion 70.16%
Profit Quality N/A
Current Ratio 0.89
Quick Ratio 0.61
Altman-Z 1.48
F-Score5
WACC9.52%
ROIC/WACC0.65
Cap/Depr(3y)298.54%
Cap/Depr(5y)219.15%
Cap/Sales(3y)80.28%
Cap/Sales(5y)57.6%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)2650%
EPS 3Y-30.66%
EPS 5YN/A
EPS Q2Q%1900%
EPS Next Y853.89%
EPS Next 2Y263.9%
EPS Next 3Y163.94%
EPS Next 5Y61.86%
Revenue 1Y (TTM)-11.38%
Revenue growth 3Y-7.36%
Revenue growth 5Y-2.34%
Sales Q2Q%95.5%
Revenue Next Year72.31%
Revenue Next 2Y53.66%
Revenue Next 3Y37.27%
Revenue Next 5YN/A
EBIT growth 1Y524.01%
EBIT growth 3Y-43.89%
EBIT growth 5Y-7.34%
EBIT Next Year1158.73%
EBIT Next 3Y153.32%
EBIT Next 5Y67.22%
FCF growth 1Y50.51%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y10.8%
OCF growth 3Y-23.01%
OCF growth 5Y-3.66%