Market Closed -
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5-day change | 1st Jan Change | |
12.45 CAD | +2.81% | +11.16% | +16.36% |
Valuation
Fiscal Period : December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
---|---|---|---|---|---|---|---|---|
Capitalization 1 | 1 754 | 3 904 | 6 490 | 9 873 | 9 456 | 11 107 | - | - |
Enterprise Value (EV) 1 | 1 212 | 3 252 | 6 278 | 9 755 | 9 379 | 11 900 | 12 389 | 13 264 |
P/E ratio | 57,8x | 163x | -269x | 163x | 23,9x | 28,4x | 24,7x | 13,5x |
Yield | - | - | - | - | - | - | - | - |
Capitalization / Revenue | - | - | - | - | - | - | 164x | 31,8x |
EV / Revenue | - | - | - | - | - | - | 183x | 38,0x |
EV / EBITDA | -20,6x | -119x | -72,5x | -95,7x | -107x | 18,7x | 13,3x | 7,93x |
EV / FCF | -8,50x | -25,7x | -61,3x | -163x | 509x | -16,4x | -37,8x | 13,2x |
FCF Yield | -11,8% | -3,89% | -1,63% | -0,62% | 0,20% | -6,08% | -2,64% | 7,58% |
Price to Book | 0,93x | - | - | - | - | 3,38x | 2,94x | 2,52x |
Nbr of stocks (in thousands) | 1 010 608 | 1 194 039 | 1 204 944 | 1 209 590 | 1 198 288 | 1 204 484 | - | - |
Reference price 2 | 1,74 | 3,27 | 5,39 | 8,16 | 7,89 | 9,22 | 9,22 | 9,22 |
Announcement Date | 03/28/19 | 03/09/20 | 03/08/21 | 03/08/22 | 03/13/23 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
Fiscal Period : December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
---|---|---|---|---|---|---|---|---|
Net sales 1 | - | - | - | - | - | - | 67,8 | 349 |
EBITDA 1 | -58,9 | -27,4 | -86,6 | -102 | -87,5 | 636 | 931 | 1 672 |
EBIT 1 | -63,1 | -28,4 | -94,4 | -111 | -92,8 | -82,4 | -112 | -54,0 |
Operating Margin | - | - | - | - | - | - | -165% | -15,5% |
Earnings before Tax (EBT) 1 | 19,2 | 11,8 | -38,1 | -29,6 | 321 | 394 | 528 | 1 069 |
Net income 1 | 26,1 | 19,2 | -19,9 | 55,2 | 411 | 407 | 455 | 862 |
Net margin | - | - | - | - | - | - | 671% | 247% |
EPS 2 | 0,03 | 0,02 | -0,02 | 0,05 | 0,33 | 0,32 | 0,37 | 0,68 |
Free Cash Flow 1 | -143 | -127 | -102 | -60,0 | 18,4 | -724 | -327 | 1 006 |
FCF margin | - | - | - | - | - | - | -483% | 288% |
FCF Conversion (EBITDA) | - | - | - | - | - | - | - | 60,1% |
FCF Conversion (Net income) | - | - | - | - | 4,49% | - | - | 117% |
Dividend per Share 2 | - | - | - | - | - | - | - | - |
Announcement Date | 03/28/19 | 03/09/20 | 03/08/21 | 03/08/22 | 03/13/23 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
Fiscal Period : December | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 |
---|---|---|---|---|
Net sales 1 | - | - | - | - |
EBITDA 1 | 162 | 172 | 152 | 164 |
EBIT 1 | -19,7 | -22,0 | -22,8 | -21,3 |
Operating Margin | - | - | - | - |
Earnings before Tax (EBT) | - | - | - | - |
Net income 1 | 86,6 | 92,0 | 113 | 85,9 |
Net margin | - | - | - | - |
EPS 2 | 0,07 | 0,07 | 0,08 | 0,09 |
Dividend per Share | - | - | - | - |
Announcement Date | 05/03/23 | 08/03/23 | 11/06/23 | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
Fiscal Period : December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
---|---|---|---|---|---|---|---|---|
Net Debt 1 | - | - | - | - | - | 793 | 1 281 | 2 156 |
Net Cash position 1 | 542 | 652 | 212 | 118 | 76,9 | - | - | - |
Leverage (Debt/EBITDA) | - | - | - | - | - | 1,25x | 1,38x | 1,29x |
Free Cash Flow 1 | -143 | -127 | -102 | -60,0 | 18,4 | -724 | -327 | 1 006 |
ROE (net income / shareholders' equity) | 1,64% | 0,88% | -0,81% | 2,24% | 15,1% | 13,3% | 14,7% | 20,1% |
Shareholders' equity 1 | 1 588 | 2 172 | 2 444 | 2 467 | 2 714 | 3 062 | 3 102 | 4 298 |
ROA (Net income/ Total Assets) | - | 0,89% | - | - | - | - | - | - |
Assets 1 | - | 2 165 | - | - | - | - | - | - |
Book Value Per Share 2 | 1,87 | - | - | - | - | 2,73 | 3,14 | 3,66 |
Cash Flow per Share 2 | -0,02 | -0,01 | -0,05 | -0,01 | 0,14 | 0,04 | 0,49 | 0,93 |
Capex 1 | 128 | 114 | 380 | 52,0 | 159 | 866 | 750 | 326 |
Capex / Sales | - | - | - | - | - | - | 1 107% | 93,4% |
Announcement Date | 03/28/19 | 03/09/20 | 03/08/21 | 03/08/22 | 03/13/23 | - | - | - |
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
BUY
Number of Analysts
12
Last Close Price
9.222USD
Average target price
11.34USD
Spread / Average Target
+22.96%
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
+16.36% | 11 107 M $ | |
+1.56% | 156 B $ | |
-3.43% | 120 B $ | |
-17.14% | 70 797 M $ | |
-7.61% | 39 217 M $ | |
+16.01% | 35 942 M $ | |
-28.60% | 35 530 M $ | |
+2.48% | 20 200 M $ | |
-6.78% | 15 248 M $ | |
-22.37% | 10 674 M $ |
- Stock
- Equities
- Stock Ivanhoe Mines Ltd. - Toronto Stock Exchange
- Financials Ivanhoe Mines Ltd.