IGO Ltd
ASX:IGO
Intrinsic Value
IGO Ltd. is a mining and exploration company focused on metals critical to clean energy, primarily nickel, copper, cobalt and lithium. [ Read More ]
The intrinsic value of one IGO stock under the Base Case scenario is 7.77 AUD. Compared to the current market price of 7.29 AUD, IGO Ltd is Undervalued by 6%.
Valuation Backtest
IGO Ltd
Run backtest to discover the historical profit from buying and selling IGO stocks based on their intrinsic value.
Analyze the historical link between intrinsic value and market price to make more informed investment decisions.
Fundamental Analysis
Balance Sheet Decomposition
IGO Ltd
Current Assets | 710m |
Cash & Short-Term Investments | 339.6m |
Receivables | 204.6m |
Other Current Assets | 165.8m |
Non-Current Assets | 3.4B |
Long-Term Investments | 2.3B |
PP&E | 977.6m |
Other Non-Current Assets | 111.1m |
Current Liabilities | 169.2m |
Accounts Payable | 100.7m |
Other Current Liabilities | 68.5m |
Non-Current Liabilities | 339.6m |
Long-Term Debt | 36.1m |
Other Non-Current Liabilities | 303.5m |
Earnings Waterfall
IGO Ltd
Revenue
|
920.4m
AUD
|
Cost of Revenue
|
-391.9m
AUD
|
Gross Profit
|
528.5m
AUD
|
Operating Expenses
|
-493.1m
AUD
|
Operating Income
|
35.4m
AUD
|
Other Expenses
|
211m
AUD
|
Net Income
|
246.4m
AUD
|
Free Cash Flow Analysis
IGO Ltd
What is Free Cash Flow?
IGO Profitability Score
Profitability Due Diligence
IGO Ltd's profitability score is 60/100. The higher the profitability score, the more profitable the company is.
Score
IGO Ltd's profitability score is 60/100. The higher the profitability score, the more profitable the company is.
IGO Solvency Score
Solvency Due Diligence
IGO Ltd's solvency score is 75/100. The higher the solvency score, the more solvent the company is.
Score
IGO Ltd's solvency score is 75/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
IGO Price Targets Summary
IGO Ltd
According to Wall Street analysts, the average 1-year price target for IGO is 8.24 AUD with a low forecast of 5.56 AUD and a high forecast of 11.03 AUD.
Shareholder Return
IGO Price
IGO Ltd
Average Annual Return | 33% |
Standard Deviation of Annual Returns | 31.75% |
Max Drawdown | -59% |
Market Capitalization | 5.5B AUD |
Shares Outstanding | 757 267 968 |
Percentage of Shares Shorted |
N/A
|
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
IGO Ltd. is a mining and exploration company focused on metals critical to clean energy, primarily nickel, copper, cobalt and lithium. The company is headquartered in Perth, Western Australia. The company went IPO on 2002-01-17. The company is focused on discovering, developing and operating assets focused on metals critical to enabling clean energy. Its operations include the Nova Ni-Cu-Co Operation and an indirect and non-operated interest in the Greenbushes Lithium Mine and Kwinana Lithium Hydroxide Refinery via a joint venture with Tianqi Lithium Corporation. The Nova Ni-Cu-Co Operation is located approximately 160 kilometers (kms) east-northeast of Norseman, 360 kms southeast of Kalgoorlie and 380 kms from the Port of Esperance in Western Australia. Nova has produced over 29,000 tons of nickel, 13,000 tons of copper and 1,000 tons of cobalt in concentrate. Its Lithium Joint Venture is focused on developing and operating upstream and downstream lithium assets in Greenbushes Lithium Mine, located approximately 250 kms south of Perth, Western Australia and a lithium hydroxide refinery in Kwinana, located over 35 kms south of Perth, Western Australia.
Contact
IPO
Employees
Officers
The intrinsic value of one IGO stock under the Base Case scenario is 7.77 AUD.
Compared to the current market price of 7.29 AUD, IGO Ltd is Undervalued by 6%.