LUNDIN MINING CORP (LUN.CA) Stock Fundamental Analysis
TSX:LUN • CA5503721063
43.46 CAD
+0.15 (+0.35%)
Last: Feb 27, 2026, 07:00 PM
Taking everything into account, LUN scores 6 out of 10 in our fundamental rating. LUN was compared to 804 industry peers in the Metals & Mining industry. While LUN has a great profitability rating, there are some minor concerns on its financial health. LUN is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- In the past year LUN was profitable.
- LUN had a positive operating cash flow in the past year.
- In multiple years LUN reported negative net income over the last 5 years.
- LUN had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- LUN has a better Return On Assets (0.14%) than 84.41% of its industry peers.
- With an excellent Return On Equity value of 0.24%, LUN belongs to the best of the industry, outperforming 84.91% of the companies in the same industry.
- The Return On Invested Capital of LUN (4.91%) is better than 91.27% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for LUN is significantly below the industry average of 12.25%.
- The last Return On Invested Capital (4.91%) for LUN is above the 3 year average (3.70%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.14% | ||
| ROE | 0.24% | ||
| ROIC | 4.91% |
ROA(3y)1.83%
ROA(5y)3.62%
ROE(3y)3.02%
ROE(5y)6.17%
ROIC(3y)3.7%
ROIC(5y)4.6%
1.3 Margins
- With an excellent Profit Margin value of 0.42%, LUN belongs to the best of the industry, outperforming 89.15% of the companies in the same industry.
- With an excellent Operating Margin value of 27.31%, LUN belongs to the best of the industry, outperforming 93.89% of the companies in the same industry.
- In the last couple of years the Operating Margin of LUN has grown nicely.
- LUN has a Gross Margin of 31.23%. This is amongst the best in the industry. LUN outperforms 90.90% of its industry peers.
- In the last couple of years the Gross Margin of LUN has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 27.31% | ||
| PM (TTM) | 0.42% | ||
| GM | 31.23% |
OM growth 3Y-14.85%
OM growth 5Y8.15%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-13.35%
GM growth 5Y2.84%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), LUN is destroying value.
- There is no outstanding debt for LUN. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
- LUN has an Altman-Z score of 4.69. This indicates that LUN is financially healthy and has little risk of bankruptcy at the moment.
- LUN has a Altman-Z score (4.69) which is comparable to the rest of the industry.
- The Debt to FCF ratio of LUN is 0.99, which is an excellent value as it means it would take LUN, only 0.99 years of fcf income to pay off all of its debts.
- LUN's Debt to FCF ratio of 0.99 is amongst the best of the industry. LUN outperforms 93.64% of its industry peers.
- LUN has a Debt/Equity ratio of 0.07. This is a healthy value indicating a solid balance between debt and equity.
- LUN has a Debt to Equity ratio of 0.07. This is in the lower half of the industry: LUN underperforms 61.22% of its industry peers.
- Although LUN does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | 0.99 | ||
| Altman-Z | 4.69 |
ROIC/WACC0.47
WACC10.38%
2.3 Liquidity
- A Current Ratio of 1.45 indicates that LUN should not have too much problems paying its short term obligations.
- The Current ratio of LUN (1.45) is comparable to the rest of the industry.
- A Quick Ratio of 0.90 indicates that LUN may have some problems paying its short term obligations.
- LUN has a Quick ratio of 0.90. This is in the lower half of the industry: LUN underperforms 60.60% of its industry peers.
- LUN does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.45 | ||
| Quick Ratio | 0.9 |
3. Growth
3.1 Past
- LUN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 95.18%, which is quite impressive.
- The Earnings Per Share has been growing by 24.30% on average over the past years. This is a very strong growth
EPS 1Y (TTM)95.18%
EPS 3Y11.62%
EPS 5Y24.3%
EPS Q2Q%180%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%51.53%
3.2 Future
- Based on estimates for the next years, LUN will show a small growth in Earnings Per Share. The EPS will grow by 5.10% on average per year.
- Based on estimates for the next years, LUN will show a small growth in Revenue. The Revenue will grow by 3.60% on average per year.
EPS Next Y16.19%
EPS Next 2Y-0.02%
EPS Next 3Y4.62%
EPS Next 5Y5.1%
Revenue Next Year8.05%
Revenue Next 2Y4.47%
Revenue Next 3Y-0.3%
Revenue Next 5Y3.6%
3.3 Evolution
- The EPS 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
- A Price/Earnings ratio of 35.62 indicates a quite expensive valuation of LUN.
- Compared to the rest of the industry, the Price/Earnings ratio of LUN indicates a rather cheap valuation: LUN is cheaper than 89.65% of the companies listed in the same industry.
- LUN is valuated rather expensively when we compare the Price/Earnings ratio to 27.10, which is the current average of the S&P500 Index.
- With a Price/Forward Earnings ratio of 30.73, LUN can be considered very expensive at the moment.
- 88.65% of the companies in the same industry are more expensive than LUN, based on the Price/Forward Earnings ratio.
- LUN is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 28.06, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.62 | ||
| Fwd PE | 30.73 |
4.2 Price Multiples
- 92.77% of the companies in the same industry are more expensive than LUN, based on the Enterprise Value to EBITDA ratio.
- Based on the Price/Free Cash Flow ratio, LUN is valued cheaply inside the industry as 93.64% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 41.09 | ||
| EV/EBITDA | 19.44 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates LUN does not grow enough to justify the current Price/Earnings ratio.
- LUN has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)2.2
PEG (5Y)1.47
EPS Next 2Y-0.02%
EPS Next 3Y4.62%
5. Dividend
5.1 Amount
- With a yearly dividend of 0.25%, LUN is not a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 0.39, LUN pays a better dividend. On top of this LUN pays more dividend than 95.01% of the companies listed in the same industry.
- With a Dividend Yield of 0.25, LUN pays less dividend than the S&P500 average, which is at 1.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.25% |
5.2 History
- The dividend of LUN is nicely growing with an annual growth rate of 23.66%!
- LUN has been paying a dividend for at least 10 years, so it has a reliable track record.
- The dividend of LUN decreased recently.
Dividend Growth(5Y)23.66%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
- LUN pays out 1243.04% of its income as dividend. This is not a sustainable payout ratio.
- The dividend of LUN is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP1243.04%
EPS Next 2Y-0.02%
EPS Next 3Y4.62%
TSX:LUN (2/27/2026, 7:00:00 PM)
43.46
+0.15 (+0.35%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)02-19 2026-02-19/amc
Earnings (Next)05-05 2026-05-05/bmo
Inst Owners46.4%
Inst Owner ChangeN/A
Ins Owners0.73%
Ins Owner ChangeN/A
Market Cap37.13B
Revenue(TTM)N/A
Net Income(TTM)13.84M
Analysts76
Price Target37.38 (-13.99%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.25% |
Yearly Dividend0.36
Dividend Growth(5Y)23.66%
DP1243.04%
Div Incr Years1
Div Non Decr Years1
Ex-Date03-20 2026-03-20 (0.0275)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)16.11%
Min EPS beat(2)4.28%
Max EPS beat(2)27.94%
EPS beat(4)2
Avg EPS beat(4)-4.87%
Min EPS beat(4)-45.6%
Max EPS beat(4)27.94%
EPS beat(8)2
Avg EPS beat(8)-11.97%
EPS beat(12)4
Avg EPS beat(12)-6.07%
EPS beat(16)6
Avg EPS beat(16)-11.51%
Revenue beat(2)2
Avg Revenue beat(2)8.49%
Min Revenue beat(2)6.83%
Max Revenue beat(2)10.15%
Revenue beat(4)2
Avg Revenue beat(4)-2.47%
Min Revenue beat(4)-21.49%
Max Revenue beat(4)10.15%
Revenue beat(8)3
Avg Revenue beat(8)-1.97%
Revenue beat(12)4
Avg Revenue beat(12)-2.89%
Revenue beat(16)6
Avg Revenue beat(16)-3.61%
PT rev (1m)14.08%
PT rev (3m)37.31%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)20.01%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)2.24%
Revenue NY rev (3m)7.25%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.62 | ||
| Fwd PE | 30.73 | ||
| P/S | 8.22 | ||
| P/FCF | 41.09 | ||
| P/OCF | 21.36 | ||
| P/B | 4.72 | ||
| P/tB | 4.86 | ||
| EV/EBITDA | 19.44 |
EPS(TTM)1.22
EY2.81%
EPS(NY)1.41
Fwd EY3.25%
FCF(TTM)1.06
FCFY2.43%
OCF(TTM)2.03
OCFY4.68%
SpS5.29
BVpS9.21
TBVpS8.95
PEG (NY)2.2
PEG (5Y)1.47
Graham Number15.9
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.14% | ||
| ROE | 0.24% | ||
| ROCE | 10.2% | ||
| ROIC | 4.91% | ||
| ROICexc | 4.91% | ||
| ROICexgc | 5.01% | ||
| OM | 27.31% | ||
| PM (TTM) | 0.42% | ||
| GM | 31.23% | ||
| FCFM | 20.01% |
ROA(3y)1.83%
ROA(5y)3.62%
ROE(3y)3.02%
ROE(5y)6.17%
ROIC(3y)3.7%
ROIC(5y)4.6%
ROICexc(3y)3.85%
ROICexc(5y)4.87%
ROICexgc(3y)3.97%
ROICexgc(5y)5.05%
ROCE(3y)7.68%
ROCE(5y)9.55%
ROICexgc growth 3Y-22.24%
ROICexgc growth 5Y13.91%
ROICexc growth 3Y-21.75%
ROICexc growth 5Y14.37%
OM growth 3Y-14.85%
OM growth 5Y8.15%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-13.35%
GM growth 5Y2.84%
F-Score6
Asset Turnover0.33
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | 0.99 | ||
| Debt/EBITDA | 0.29 | ||
| Cap/Depr | 116.64% | ||
| Cap/Sales | 18.48% | ||
| Interest Coverage | 8.37 | ||
| Cash Conversion | 89.2% | ||
| Profit Quality | 4776.32% | ||
| Current Ratio | 1.45 | ||
| Quick Ratio | 0.9 | ||
| Altman-Z | 4.69 |
F-Score6
WACC10.38%
ROIC/WACC0.47
Cap/Depr(3y)146.6%
Cap/Depr(5y)127.59%
Cap/Sales(3y)29.41%
Cap/Sales(5y)25.07%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)95.18%
EPS 3Y11.62%
EPS 5Y24.3%
EPS Q2Q%180%
EPS Next Y16.19%
EPS Next 2Y-0.02%
EPS Next 3Y4.62%
EPS Next 5Y5.1%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%51.53%
Revenue Next Year8.05%
Revenue Next 2Y4.47%
Revenue Next 3Y-0.3%
Revenue Next 5Y3.6%
EBIT growth 1Y31.55%
EBIT growth 3Y-14.05%
EBIT growth 5Y21.76%
EBIT Next Year99%
EBIT Next 3Y28.58%
EBIT Next 5Y22.64%
FCF growth 1Y262.46%
FCF growth 3Y-9.28%
FCF growth 5YN/A
OCF growth 1Y111.92%
OCF growth 3Y0.76%
OCF growth 5Y21.89%
LUNDIN MINING CORP / LUN.CA FAQ
What is the fundamental rating for LUN stock?
ChartMill assigns a fundamental rating of 6 / 10 to LUN.CA.
Can you provide the valuation status for LUNDIN MINING CORP?
ChartMill assigns a valuation rating of 5 / 10 to LUNDIN MINING CORP (LUN.CA). This can be considered as Fairly Valued.
Can you provide the profitability details for LUNDIN MINING CORP?
LUNDIN MINING CORP (LUN.CA) has a profitability rating of 8 / 10.
Can you provide the PE and PB ratios for LUN stock?
The Price/Earnings (PE) ratio for LUNDIN MINING CORP (LUN.CA) is 35.62 and the Price/Book (PB) ratio is 4.72.
Can you provide the expected EPS growth for LUN stock?
The Earnings per Share (EPS) of LUNDIN MINING CORP (LUN.CA) is expected to grow by 16.19% in the next year.