LUNDIN MINING CORPORATION |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 15.67 CAD | -1.51% |
|
-5.26% | +44.56% |
| May. 30 | UBS Raises its Copper Price Forecast on Dropping Supply | MT |
| May. 24 | Risk of Sharp Copper Price Correction "Very High," Macquarie Says | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 4,383 | 6,530 | 5,743 | 4,724 | 6,326 | 8,920 | - | - |
| Enterprise Value (EV) 1 | 4,441 | 6,591 | 5,180 | 4,735 | 7,543 | 10,346 | 10,564 | 11,097 |
| P/E ratio | 26 x | 38.6 x | 7.37 x | 10.9 x | 26.4 x | 20.7 x | 18 x | 21.7 x |
| Yield | 1.52% | 1.43% | 3.93% | 5.66% | 3.26% | 2.18% | 2.31% | 2.29% |
| Capitalization / Revenue | 2.32 x | 3.2 x | 1.73 x | 1.55 x | 1.86 x | 2.05 x | 2.04 x | 2.02 x |
| EV / Revenue | 2.35 x | 3.23 x | 1.56 x | 1.56 x | 2.22 x | 2.38 x | 2.42 x | 2.52 x |
| EV / EBITDA | 6.29 x | 7.69 x | 2.77 x | 3.66 x | 5.53 x | 5.47 x | 5.35 x | 5.41 x |
| EV / FCF | -44.1 x | 49 x | 5.44 x | 139 x | 2,158 x | 52.8 x | -1,886 x | -13.7 x |
| FCF Yield | -2.27% | 2.04% | 18.4% | 0.72% | 0.05% | 1.89% | -0.05% | -7.28% |
| Price to Book | 1.16 x | 1.64 x | 1.29 x | 0.97 x | 1.28 x | 1.72 x | 1.63 x | 1.55 x |
| Nbr of stocks (in thousands) | 734,234 | 736,020 | 734,987 | 770,747 | 773,689 | 776,642 | - | - |
| Reference price 2 | 5.970 | 8.872 | 7.814 | 6.129 | 8.177 | 11.49 | 11.49 | 11.49 |
| Announcement Date | 2/20/20 | 2/19/21 | 2/17/22 | 2/22/23 | 2/21/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,893 | 2,042 | 3,329 | 3,041 | 3,392 | 4,356 | 4,370 | 4,406 |
| EBITDA 1 | 705.7 | 856.9 | 1,869 | 1,293 | 1,364 | 1,890 | 1,973 | 2,052 |
| EBIT 1 | 315.4 | 409.7 | 1,273 | 564.3 | 530 | 1,281 | 1,401 | 1,274 |
| Operating Margin | 16.67% | 20.07% | 38.23% | 18.56% | 15.62% | 29.41% | 32.06% | 28.93% |
| Earnings before Tax (EBT) 1 | 269.6 | 341.5 | 1,245 | 598.2 | 531.8 | 1,096 | 1,124 | 1,129 |
| Net income 1 | 167.3 | 168.8 | 780.3 | 426.9 | 241.6 | 488.1 | 487.2 | 456.9 |
| Net margin | 8.84% | 8.27% | 23.44% | 14.04% | 7.12% | 11.21% | 11.15% | 10.37% |
| EPS 2 | 0.2300 | 0.2300 | 1.060 | 0.5600 | 0.3100 | 0.5545 | 0.6387 | 0.5289 |
| Free Cash Flow 1 | -100.7 | 134.7 | 952.9 | 33.99 | 3.495 | 195.8 | -5.6 | -808.3 |
| FCF margin | -5.32% | 6.6% | 28.62% | 1.12% | 0.1% | 4.49% | -0.13% | -18.34% |
| FCF Conversion (EBITDA) | - | 15.71% | 50.97% | 2.63% | 0.26% | 10.36% | - | - |
| FCF Conversion (Net income) | - | 79.77% | 122.11% | 7.96% | 1.45% | 40.11% | - | - |
| Dividend per Share 2 | 0.0905 | 0.1270 | 0.3072 | 0.3470 | 0.2665 | 0.2501 | 0.2652 | 0.2625 |
| Announcement Date | 2/20/20 | 2/19/21 | 2/17/22 | 2/22/23 | 2/21/24 | - | - | - |
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 | 1,019 | 991.1 | 590.2 | 648.5 | 811.4 | 751.3 | 588.5 | 992.2 | 1,060 | 937 | 1,081 | 1,176 | 1,213 | 1,107 | 1,155 |
| EBITDA 1 | 623 | 587.8 | 148.6 | 202.4 | 353.7 | 336.9 | 162.2 | 415.1 | 419.7 | 362.9 | 434 | 514.4 | 553 | 475 | 518.6 |
| EBIT 1 | 405.9 | 459 | -16.31 | -4.695 | 126.7 | 183.5 | 24.24 | 165.1 | 157.1 | 155.1 | 280 | 416.7 | 448.9 | 307 | 349.6 |
| Operating Margin | 39.85% | 46.32% | -2.76% | -0.72% | 15.62% | 24.42% | 4.12% | 16.64% | 14.82% | 16.56% | 25.89% | 35.44% | 37% | 27.73% | 30.26% |
| Earnings before Tax (EBT) 1 | 393.6 | 455.3 | 0.377 | -0.479 | 142.9 | 214 | 41.7 | 106.8 | 169.4 | 109.1 | 240.2 | 364.2 | 409.2 | 275.2 | 318.1 |
| Net income 1 | 228.8 | 345.1 | -52.58 | -11.21 | 145.6 | 146.6 | 59.1 | -2.964 | 38.8 | 13.88 | 90.86 | 147 | 227.3 | 115.9 | 138.1 |
| Net margin | 22.46% | 34.82% | -8.91% | -1.73% | 17.94% | 19.51% | 10.04% | -0.3% | 3.66% | 1.48% | 8.4% | 12.5% | 18.73% | 10.47% | 11.96% |
| EPS 2 | 0.3100 | 0.4700 | -0.0700 | -0.0100 | 0.1900 | 0.1900 | 0.0800 | - | 0.0500 | 0.0200 | 0.1172 | 0.1897 | 0.2933 | 0.1496 | 0.1782 |
| Dividend per Share 2 | 0.0709 | 0.0701 | 0.0698 | 0.0664 | 0.0664 | 0.0661 | 0.0675 | 0.0648 | 0.0666 | - | 0.0581 | 0.0581 | 0.0581 | 0.0495 | 0.0495 |
| Announcement Date | 2/17/22 | 4/27/22 | 7/27/22 | 10/26/22 | 2/22/23 | 5/3/23 | 8/2/23 | 11/1/23 | 2/21/24 | 5/1/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 58 | 61.6 | - | 10.9 | 1,217 | 1,426 | 1,644 | 2,177 |
| Net Cash position 1 | - | - | 563 | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 0.0822 x | 0.0719 x | - | 0.008433 x | 0.8926 x | 0.7543 x | 0.8332 x | 1.061 x |
| Free Cash Flow 1 | -101 | 135 | 953 | 34 | 3.5 | 196 | -5.6 | -808 |
| ROE (net income / shareholders' equity) | 4.48% | 4.36% | 18.5% | 9.17% | 6.85% | 11.3% | 10.9% | 10.3% |
| ROA (Net income/ Total Assets) | 2.6% | 2.42% | 10.6% | 5.4% | 2.54% | 3.65% | 3.8% | 3.1% |
| Assets 1 | 6,426 | 6,988 | 7,347 | 7,905 | 9,519 | 13,389 | 12,821 | 14,755 |
| Book Value Per Share 2 | 5.140 | 5.420 | 6.050 | 6.310 | 6.410 | 6.670 | 7.060 | 7.410 |
| Cash Flow per Share 2 | 0.7700 | 0.7700 | 2.010 | 1.150 | 1.310 | 1.820 | 1.850 | 1.920 |
| Capex 1 | 665 | 431 | 532 | 843 | 1,013 | 1,090 | 1,450 | 1,815 |
| Capex / Sales | 35.15% | 21.12% | 15.98% | 27.72% | 29.87% | 25.03% | 33.19% | 41.18% |
| Announcement Date | 2/20/20 | 2/19/21 | 2/17/22 | 2/22/23 | 2/21/24 | - | - | - |
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
Trading Rating
Investor Rating
ESG Refinitiv
C+
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
21
Last Close Price
11.49
USD
Average target price
12.7
USD
Spread / Average Target
+10.57%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +44.56% | 8.92B | |
| -10.53% | 150B | |
| -6.26% | 119B | |
| +1.83% | 74.34B | |
| +11.36% | 47.91B | |
| -7.31% | 45.45B | |
| +27.55% | 38.79B | |
| +116.04% | 34.78B | |
| +26.57% | 26.97B | |
| +74.05% | 20.02B |
- Stock Market
- Equities
- LUN Stock
- Financials Lundin Mining Corporation
