Imperial Metals Corp
TSX:III

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Imperial Metals Corp
TSX:III
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Price: 4.44 CAD 2.78%
Market Cap: 723.7m CAD

Relative Value

The Relative Value of one III stock under the Base Case scenario is 5.52 CAD. Compared to the current market price of 4.44 CAD, Imperial Metals Corp is Undervalued by 20%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

III Relative Value
Base Case
5.52 CAD
Undervaluation 20%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
65
vs Industry
65
Median 3Y
1.1
Median 5Y
1.9
Industry
1.8
vs History
7
vs Industry
18
Median 3Y
-4.5
Median 5Y
-9.1
Industry
16.6
vs History
47
vs Industry
27
Median 3Y
-6
Median 5Y
2.5
Industry
9.8
vs History
vs Industry
4
Median 3Y
-11.6
Median 5Y
-10.7
Industry
16.4
vs History
9
vs Industry
70
Median 3Y
0.5
Median 5Y
0.5
Industry
1.7
vs History
85
vs Industry
55
Median 3Y
1.8
Median 5Y
2.3
Industry
2.2
vs History
60
vs Industry
37
Median 3Y
3
Median 5Y
15.6
Industry
7.6
vs History
55
vs Industry
24
Median 3Y
2.2
Median 5Y
4.7
Industry
10.8
vs History
12
vs Industry
20
Median 3Y
-5.5
Median 5Y
-10.5
Industry
13.8
vs History
47
vs Industry
23
Median 3Y
-8.2
Median 5Y
3.8
Industry
11.2
vs History
3
vs Industry
Median 3Y
-3.5
Median 5Y
-4.8
Industry
15
vs History
9
vs Industry
68
Median 3Y
0.4
Median 5Y
0.4
Industry
1.5

Multiples Across Competitors

III Competitors Multiples
Imperial Metals Corp Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Imperial Metals Corp
TSX:III
719.4m CAD 1.2 4.6 3.1 4.2
US
Southern Copper Corp
NYSE:SCCO
87.4B USD 7.3 24.4 13.3 15.2
US
Freeport-McMoRan Inc
NYSE:FCX
66.1B USD 2.7 37.7 8.1 10.7
UK
Antofagasta PLC
LSE:ANTO
19.3B GBP 3.9 31.4 -0.4 -0.9
CA
First Quantum Minerals Ltd
TSX:FM
20.3B CAD 3 107.1 11.8 18.2
CN
Jiangxi Copper Co Ltd
SSE:600362
83.2B CNY 0.2 11.6 10.1 10.1
CA
Lundin Mining Corp
TSX:LUN
12B CAD 2.5 -94.6 6.8 11
PL
KGHM Polska Miedz SA
WSE:KGH
26.8B PLN 0.7 9.7 4.6 6.8
CN
Tongling Nonferrous Metals Group Co Ltd
SZSE:000630
46.5B CNY 0.3 16.4 10.1 10.1
AU
OZ Minerals Ltd
ASX:OZL
9.4B AUD 4.9 45.5 30.1 30.1
DE
Aurubis AG
XETRA:NDA
4.1B EUR 0.2 5.9 3.5 4.4
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Imperial Metals Corp
TSX:III
Average EV/EBITDA: 10.2
3.1
N/A N/A
US
Southern Copper Corp
NYSE:SCCO
13.3
5%
2.7
US
Freeport-McMoRan Inc
NYSE:FCX
8.1
16%
0.5
UK
Antofagasta PLC
LSE:ANTO
Negative Multiple: -0.4
20%
N/A
CA
First Quantum Minerals Ltd
TSX:FM
11.8
41%
0.3
CN
Jiangxi Copper Co Ltd
SSE:600362
10.1
7%
1.4
CA
Lundin Mining Corp
TSX:LUN
6.8
5%
1.4
PL
KGHM Polska Miedz SA
WSE:KGH
4.6
15%
0.3
CN
Tongling Nonferrous Metals Group Co Ltd
SZSE:000630
10.1
N/A N/A
AU
OZ Minerals Ltd
ASX:OZL
30.1
55%
0.5
DE
A
Aurubis AG
XETRA:NDA
3.5
1%
3.5