IVANHOE MINES LTD. |
Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
| 12.67 EUR | -2.46% |
|
+1.60% | +51.05% |
| Jul. 08 | Canada Move To Limit Mining M&A Hurts Big Metals Producers, Scotia says | MT |
| Jul. 08 | Canadian critical mineral shares fall on concern after tighter M&A announcement | 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 | 19,247 | - | - |
| Enterprise Value (EV) 1 | 3,252 | 6,278 | 9,755 | 9,379 | 12,357 | 19,663 | 19,650 | 20,102 |
| P/E ratio | 163 x | -269 x | 163 x | 23.9 x | 37.3 x | 56.1 x | 19.4 x | 14.1 x |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | - | - | - | - | - | 130 x | 37.9 x | 23.6 x |
| EV / Revenue | - | - | - | - | - | 133 x | 38.7 x | 24.6 x |
| EV / EBITDA | -119 x | -72.5 x | -95.7 x | -107 x | -132 x | 20.8 x | 10.7 x | 8.78 x |
| EV / FCF | -25.7 x | -61.3 x | -163 x | 509 x | -24.3 x | -33.2 x | 32.4 x | 16.3 x |
| FCF Yield | -3.89% | -1.63% | -0.62% | 0.2% | -4.12% | -3.01% | 3.09% | 6.13% |
| Price to Book | - | - | - | - | 3.33 x | 3.89 x | 3.19 x | 2.62 x |
| Nbr of stocks (in thousands) | 1,194,039 | 1,204,944 | 1,209,590 | 1,198,288 | 1,268,519 | 1,344,972 | - | - |
| Reference price 2 | 3.270 | 5.386 | 8.162 | 7.891 | 9.693 | 14.31 | 14.31 | 14.31 |
| 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 | - | - | - | - | - | 148.2 | 507.9 | 817 |
| EBITDA 1 | -27.42 | -86.55 | -102 | -87.51 | -93.46 | 944 | 1,844 | 2,288 |
| EBIT 1 | -28.44 | -94.41 | -110.6 | -92.84 | -95.76 | 399.8 | 580 | 654.7 |
| Operating Margin | - | - | - | - | - | 269.74% | 114.18% | 80.14% |
| Earnings before Tax (EBT) 1 | 11.77 | -38.09 | -29.62 | 320.7 | 295.3 | 412 | 1,235 | 1,265 |
| Net income 1 | 19.22 | -19.88 | 55.24 | 410.9 | 318.9 | 282.4 | 971.2 | 1,360 |
| Net margin | - | - | - | - | - | 190.56% | 191.22% | 166.42% |
| EPS 2 | 0.0200 | -0.0200 | 0.0500 | 0.3300 | 0.2600 | 0.2549 | 0.7359 | 1.016 |
| Free Cash Flow 1 | -126.6 | -102.3 | -60.03 | 18.43 | -509.5 | -591.7 | 606.3 | 1,233 |
| FCF margin | - | - | - | - | - | -399.22% | 119.37% | 150.92% |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | 32.89% | 53.88% |
| FCF Conversion (Net income) | - | - | - | 4.49% | - | - | 62.43% | 90.69% |
| 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 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 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | - | - | - | - | - | - | - | - | - | - | 108.7 | 78.32 | 78.5 | 145.3 | 144.5 |
| EBITDA 1 | -31.77 | 63.5 | 214 | -18.94 | -23.46 | 161.8 | 172.2 | 151.9 | -30.58 | 119.1 | 207.5 | 301.1 | 372.6 | 420.1 | 445.6 |
| EBIT 1 | -33.95 | -25.87 | -20.05 | -19.32 | -23.86 | -19.65 | -21.97 | -22.84 | -31.3 | 118.3 | 5.627 | 18.4 | 12.89 | 25.42 | - |
| Operating Margin | - | - | - | - | - | - | - | - | - | - | 5.18% | 23.5% | 16.42% | 17.49% | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | 21.86 | -69.41 | - | - | - | - | - |
| Net income 1 | 45.83 | 26.39 | 316.2 | 26.34 | 41.88 | 86.64 | 92.04 | 112.5 | 27.74 | -65.55 | -86.09 | 151.7 | 205.6 | 236.2 | 261.9 |
| Net margin | - | - | - | - | - | - | - | - | - | - | -79.22% | 193.72% | 261.92% | 162.53% | 181.18% |
| EPS 2 | 0.0400 | 0.0200 | 0.2600 | 0.0200 | 0.0300 | 0.0700 | 0.0700 | 0.0800 | 0.0200 | -0.0500 | 0.0424 | 0.1143 | 0.1461 | 0.1612 | 0.1734 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 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 | 4/30/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | 61.7 | 417 | 404 | 856 |
| Net Cash position 1 | 652 | 212 | 118 | 76.9 | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | -0.66 x | 0.4414 x | 0.2189 x | 0.3739 x |
| Free Cash Flow 1 | -127 | -102 | -60 | 18.4 | -509 | -592 | 606 | 1,233 |
| ROE (net income / shareholders' equity) | 0.88% | -0.81% | 2.24% | 15.1% | 9.62% | 9.41% | 18.9% | 21.1% |
| ROA (Net income/ Total Assets) | 0.89% | - | - | - | - | - | - | - |
| Assets 1 | 2,165 | - | - | - | - | - | - | - |
| Book Value Per Share 2 | - | - | - | - | 2.920 | 3.680 | 4.480 | 5.470 |
| Cash Flow per Share 2 | -0.0100 | -0.0500 | -0.0100 | 0.1400 | -0.0300 | 0.2300 | 0.5500 | 0.8700 |
| Capex 1 | 114 | 380 | 52 | 159 | 478 | 858 | 505 | 274 |
| Capex / Sales | - | - | - | - | - | 578.72% | 99.47% | 33.55% |
| 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
14
Last Close Price
14.31
USD
Average target price
17.45
USD
Spread / Average Target
+21.92%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -15.29% | 147B | |
| -13.21% | 111B | |
| -2.86% | 72.2B | |
| +12.93% | 46.83B | |
| -7.52% | 44.12B | |
| +15.68% | 36.29B | |
| +108.07% | 33.46B | |
| +19.78% | 25.79B | |
| +76.17% | 20.22B |
- Stock Market
- Equities
- IVN Stock
- IYAA Stock
- Financials Ivanhoe Mines Ltd.
