IVANHOE MINES LTD. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 20.36 CAD | +5.93% |
|
+5.99% | +58.44% |
| Apr. 26 | Copper Hits US$10,000 a Ton as BHP Bid Shows Tight Supply Pipeline | MT |
| Apr. 23 | TSX climbs as tech stocks power broader recovery | RE |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 3,904 | 6,490 | 9,873 | 9,456 | 12,295 | 18,571 | - | - |
| Enterprise Value (EV) 1 | 3,252 | 6,278 | 9,755 | 9,379 | 12,357 | 19,835 | 20,054 | 20,057 |
| P/E ratio | 163 x | -269 x | 163 x | 23.9 x | 37.3 x | 40.5 x | 21.7 x | 27.3 x |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | - | - | - | - | - | 176 x | 41.5 x | 22.6 x |
| EV / Revenue | - | - | - | - | - | 188 x | 44.8 x | 24.4 x |
| EV / EBITDA | -119 x | -72.5 x | -95.7 x | -107 x | -132 x | 29 x | 12.6 x | 15.7 x |
| EV / FCF | -25.7 x | -61.3 x | -163 x | 509 x | -24.3 x | -34.4 x | 36.9 x | 21.1 x |
| FCF Yield | -3.89% | -1.63% | -0.62% | 0.2% | -4.12% | -2.9% | 2.71% | 4.74% |
| Price to Book | - | - | - | - | 3.33 x | 4.66 x | 3.96 x | 3.36 x |
| Nbr of stocks (in thousands) | 1,194,039 | 1,204,944 | 1,209,590 | 1,198,288 | 1,268,519 | 1,248,620 | - | - |
| Reference price 2 | 3.270 | 5.386 | 8.162 | 7.891 | 9.693 | 14.87 | 14.87 | 14.87 |
| Announcement Date | 3/9/20 | 3/8/21 | 3/8/22 | 3/13/23 | 2/26/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | - | - | - | - | - | 105.4 | 447.6 | 823.5 |
| EBITDA 1 | -27.42 | -86.55 | -102 | -87.51 | -93.46 | 683.6 | 1,591 | 1,280 |
| EBIT 1 | -28.44 | -94.41 | -110.6 | -92.84 | -95.76 | -104 | -59.98 | - |
| Operating Margin | - | - | - | - | - | -98.64% | -13.4% | - |
| Earnings before Tax (EBT) 1 | 11.77 | -38.09 | -29.62 | 320.7 | 295.3 | 452.8 | 1,256 | 1,183 |
| Net income 1 | 19.22 | -19.88 | 55.24 | 410.9 | 318.9 | 395.7 | 785.1 | 820.3 |
| Net margin | - | - | - | - | - | 375.28% | 175.4% | 99.62% |
| EPS 2 | 0.0200 | -0.0200 | 0.0500 | 0.3300 | 0.2600 | 0.3668 | 0.6866 | 0.5450 |
| Free Cash Flow 1 | -126.6 | -102.3 | -60.03 | 18.43 | -509.5 | -576 | 544 | 951 |
| FCF margin | - | - | - | - | - | -546.32% | 121.54% | 115.49% |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | 34.2% | 74.3% |
| FCF Conversion (Net income) | - | - | - | 4.49% | - | - | 69.29% | 115.93% |
| Dividend per Share 2 | - | - | - | - | - | - | - | - |
| Announcement Date | 3/9/20 | 3/8/21 | 3/8/22 | 3/13/23 | 2/26/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | - | - | - | - | - | - | - | - | - | - | - | 15.69 | 59.67 | 82.95 | - |
| EBITDA 1 | -24.85 | -31.77 | 63.5 | 214 | -18.94 | -23.46 | 161.8 | 172.2 | 151.9 | -30.58 | 99.09 | 183 | 252.7 | 306.7 | - |
| EBIT | -27.02 | -33.95 | -25.87 | -20.05 | -19.32 | -23.86 | -19.65 | -21.97 | -22.84 | -31.3 | - | - | - | - | - |
| Operating Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Earnings before Tax (EBT) 1 | - | - | - | - | - | - | - | - | - | 21.86 | 123.2 | 123.2 | 166 | - | - |
| Net income 1 | 89.81 | 45.83 | 26.39 | 316.2 | 26.34 | 41.88 | 86.64 | 92.04 | 112.5 | 27.74 | 128.2 | 128.2 | 113.6 | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - | - | 817.52% | 190.3% | - | - |
| EPS 2 | 0.0700 | 0.0400 | 0.0200 | 0.2600 | 0.0200 | 0.0300 | 0.0700 | 0.0700 | 0.0800 | 0.0200 | 0.0300 | 0.0680 | 0.0850 | 0.1133 | 0.1150 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/15/21 | 3/8/22 | 5/10/22 | 8/15/22 | 11/14/22 | 3/13/23 | 5/3/23 | 8/3/23 | 11/6/23 | 2/26/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | 61.7 | 1,264 | 1,484 | 1,486 |
| Net Cash position 1 | 652 | 212 | 118 | 76.9 | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | -0.66 x | 1.849 x | 0.9329 x | 1.161 x |
| Free Cash Flow 1 | -127 | -102 | -60 | 18.4 | -509 | -576 | 544 | 951 |
| ROE (net income / shareholders' equity) | 0.88% | -0.81% | 2.24% | 15.1% | 9.62% | 10% | 20.8% | 15.7% |
| ROA (Net income/ Total Assets) | 0.89% | - | - | - | - | - | - | - |
| Assets 1 | 2,165 | - | - | - | - | - | - | - |
| Book Value Per Share 2 | - | - | - | - | 2.920 | 3.190 | 3.760 | 4.420 |
| Cash Flow per Share 2 | -0.0100 | -0.0500 | -0.0100 | 0.1400 | -0.0300 | 0.0900 | 0.4900 | 0.3400 |
| Capex 1 | 114 | 380 | 52 | 159 | 478 | 816 | 447 | 189 |
| Capex / Sales | - | - | - | - | - | 773.96% | 99.76% | 22.95% |
| Announcement Date | 3/9/20 | 3/8/21 | 3/8/22 | 3/13/23 | 2/26/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Sell
Buy
Mean consensus
BUY
Number of Analysts
12
Last Close Price
14.87
USD
Average target price
14.35
USD
Spread / Average Target
-3.53%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +58.44% | 18.57B | |
| -14.40% | 143B | |
| -6.66% | 117B | |
| -0.55% | 71.07B | |
| +6.69% | 50.97B | |
| +13.30% | 48.38B | |
| +34.12% | 39.93B | |
| +22.92% | 26.1B | |
| +32.58% | 21.36B | |
| +53.37% | 17.66B |
- Stock Market
- Equities
- IVN Stock
- Financials Ivanhoe Mines Ltd.
