Ivanhoe Mines Ltd
TSX:IVN

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Ivanhoe Mines Ltd
TSX:IVN
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Price: 14.54 CAD 5.98% Market Closed
Market Cap: 20.6B CAD

Relative Value

The Relative Value of one IVN stock under the Base Case scenario is 6.77 CAD. Compared to the current market price of 14.54 CAD, Ivanhoe Mines Ltd is Overvalued by 53%.

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.

IVN Relative Value
Base Case
6.77 CAD
Overvaluation 53%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
41
vs Industry
23
Median 3Y
26.8
Median 5Y
0
Industry
2
Forward
31.4
vs History
44
vs Industry
2
Median 3Y
42.5
Median 5Y
42.5
Industry
18.8
Forward
55.2
vs History
vs Industry
2
Median 3Y
-84.2
Median 5Y
-128.4
Industry
10.9
vs History
14
vs Industry
0
Median 3Y
-30.6
Median 5Y
-29.6
Industry
18.2
vs History
85
vs Industry
22
Median 3Y
3.4
Median 5Y
3.5
Industry
2.1
vs History
41
vs Industry
22
Median 3Y
26.9
Median 5Y
0
Industry
2.5
Forward
31.3
vs History
7
vs Industry
Median 3Y
0
Median 5Y
0
Industry
8.3
vs History
20
vs Industry
2
Median 3Y
56.4
Median 5Y
-70.9
Industry
12.3
Forward
23.6
vs History
9
vs Industry
2
Median 3Y
65.2
Median 5Y
-69.5
Industry
14.9
Forward
99.8
vs History
vs Industry
3
Median 3Y
-85.1
Median 5Y
-126.6
Industry
12.2
vs History
vs Industry
0
Median 3Y
-26.2
Median 5Y
-30.4
Industry
16.4
vs History
90
vs Industry
23
Median 3Y
2.9
Median 5Y
3
Industry
1.9

Multiples Across Competitors

IVN Competitors Multiples
Ivanhoe Mines Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Ivanhoe Mines Ltd
TSX:IVN
20.6B CAD 27.1 48.8 94.5 161.8
AU
Rio Tinto Ltd
ASX:RIO
232.3B AUD 2.9 15 7.9 11.3
AU
BHP Group Ltd
ASX:BHP
225.1B AUD 2.9 16.5 6.3 8.1
UK
Rio Tinto PLC
LSE:RIO
94.9B GBP 2.4 12.4 120.8 173.6
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
1.3T MXN 4.2 16.6 8 9.4
SA
Saudi Arabian Mining Company SJSC
SAU:1211
248.9B SAR 6.6 44.7 20 30.2
CH
Glencore PLC
LSE:GLEN
46.5B GBP 0.3 -30.3 259.4 781.4
CN
CMOC Group Ltd
SSE:603993
392.8B CNY 1.9 20.1 12.5 12.5
CN
China Molybdenum Co Ltd
OTC:CMCLF
54.1B USD 1.9 19.5 12.1 12.1
UK
Anglo American PLC
LSE:AAL
34.4B GBP 2.1 -10.8 129.5 229.8
ZA
African Rainbow Minerals Ltd
JSE:ARI
37.7B Zac 0 0 0 0
P/E Multiple
Earnings Growth PEG
CA
Ivanhoe Mines Ltd
TSX:IVN
Average P/E: 24.2
48.8
46%
1.1
AU
Rio Tinto Ltd
ASX:RIO
15
1%
15
AU
BHP Group Ltd
ASX:BHP
16.5
6%
2.8
UK
Rio Tinto PLC
LSE:RIO
12.4
1%
12.4
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
16.6
15%
1.1
SA
Saudi Arabian Mining Company SJSC
SAU:1211
44.7
45%
1
CH
Glencore PLC
LSE:GLEN
Negative Multiple: -30.3 N/A N/A
CN
CMOC Group Ltd
SSE:603993
20.1
23%
0.9
CN
C
China Molybdenum Co Ltd
OTC:CMCLF
19.5
23%
0.8
UK
Anglo American PLC
LSE:AAL
Negative Multiple: -10.8 N/A N/A
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
Not Available
-49%
N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Ivanhoe Mines Ltd
TSX:IVN
Average EV/EBITDA: 67.1
94.5
107%
0.9
AU
Rio Tinto Ltd
ASX:RIO
7.9
7%
1.1
AU
BHP Group Ltd
ASX:BHP
6.3
2%
3.2
UK
Rio Tinto PLC
LSE:RIO
120.8
8%
15.1
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
8
10%
0.8
SA
Saudi Arabian Mining Company SJSC
SAU:1211
20
12%
1.7
CH
Glencore PLC
LSE:GLEN
259.4
16%
16.2
CN
CMOC Group Ltd
SSE:603993
12.5
24%
0.5
CN
C
China Molybdenum Co Ltd
OTC:CMCLF
12.1
24%
0.5
UK
Anglo American PLC
LSE:AAL
129.5
4%
32.4
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
Not Available N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Ivanhoe Mines Ltd
TSX:IVN
Average EV/EBIT: 143
161.8
38%
4.3
AU
Rio Tinto Ltd
ASX:RIO
11.3
9%
1.3
AU
BHP Group Ltd
ASX:BHP
8.1
2%
4.1
UK
Rio Tinto PLC
LSE:RIO
173.6
8%
21.7
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
9.4
10%
0.9
SA
Saudi Arabian Mining Company SJSC
SAU:1211
30.2
18%
1.7
CH
Glencore PLC
LSE:GLEN
781.4
29%
26.9
CN
CMOC Group Ltd
SSE:603993
12.5
18%
0.7
CN
C
China Molybdenum Co Ltd
OTC:CMCLF
12.1
18%
0.7
UK
Anglo American PLC
LSE:AAL
229.8
9%
25.5
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
Not Available N/A N/A