Ivanhoe Mines Ltd
TSX:IVN

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Ivanhoe Mines Ltd Logo
Ivanhoe Mines Ltd
TSX:IVN
Watchlist
Price: 10.42 CAD -1.51% Market Closed
Market Cap: 14.1B CAD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one IVN stock under the Base Case scenario is 6.41 CAD. Compared to the current market price of 10.42 CAD, Ivanhoe Mines Ltd is Overvalued by 38%.

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
6.41 CAD
Overvaluation 38%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

21.9
P/S
P/S
Price to Sales
21.9
vs History
36
vs Industry
23
Median 3Y
26.3
Median 5Y
0
Industry
1.8
Forward
21.4
More Details
24.5
P/E
P/E
Price to Earnings
24.5
vs History
61
vs Industry
2
Median 3Y
33.8
Median 5Y
33.8
Industry
16.4
Forward
20.1
More Details
Negative
P/OCF
P/OCF
Price to OCF
N/A
vs History
vs Industry
2
Median 3Y
-105.2
Median 5Y
-133.3
Industry
9.7
More Details
31.5
P/FCFE
P/FCFE
Price to FCFE
31.5
vs History
12
vs Industry
0
Median 3Y
-32.6
Median 5Y
-32
Industry
16.2
More Details
2
P/B
P/B
Price to Book Value
2
vs History
87
vs Industry
22
Median 3Y
3.5
Median 5Y
3.5
Industry
1.7
More Details
22.5
EV/S
EV/S
Enterprise Value to Sales
22.5
vs History
36
vs Industry
22
Median 3Y
26.9
Median 5Y
0
Industry
2.1
Forward
22
More Details
64.1
EV/GP
EV/GP
Enterprise Value to Gross Profit
64.1
vs History
3
vs Industry
Median 3Y
0
Median 5Y
0
Industry
7.4
More Details
41.8
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
41.8
vs History
31
vs Industry
2
Median 3Y
40.9
Median 5Y
-70.9
Industry
10.6
Forward
10.4
More Details
48
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
48
vs History
26
vs Industry
2
Median 3Y
47.1
Median 5Y
-69.5
Industry
13.5
Forward
21.7
More Details
Negative
EV/OCF
EV/OCF
Enterprise Value to OCF
N/A
vs History
vs Industry
3
Median 3Y
-106.3
Median 5Y
-126.6
Industry
11
More Details
Negative
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
N/A
vs History
vs Industry
0
Median 3Y
-26.2
Median 5Y
-34
Industry
14.6
More Details
1.8
EV/IC
EV/IC
Enterprise Value to IC
1.8
vs History
92
vs Industry
23
Median 3Y
2.9
Median 5Y
3
Industry
1.4
More Details

Multiples Across Competitors

IVN Competitors Multiples
Ivanhoe Mines Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Ivanhoe Mines Ltd
TSX:IVN
14.1B CAD 21.9 24.5 41.8 48
AU
BHP Group Ltd
ASX:BHP
196.5B AUD 2.4 11.3 5.1 6.4
AU
Rio Tinto Ltd
ASX:RIO
176.5B AUD 2.2 10 5.5 7.5
UK
Rio Tinto PLC
LSE:RIO
69.3B GBP 1.8 8.2 24.8 34.2
CH
Glencore PLC
LSE:GLEN
36.8B GBP 0.2 -30.8 222.4 563.8
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
874.7B MXN 2.8 12.6 5.5 6.5
SA
Saudi Arabian Mining Company SJSC
SAU:1211
154.3B SAR 4.6 44.8 16.5 29.4
UK
Anglo American PLC
LSE:AAL
29.5B GBP 1.5 -13.1 104.6 169.1
ZA
African Rainbow Minerals Ltd
JSE:ARI
35.1B Zac 0 0 0 0
CN
CMOC Group Ltd
SSE:603993
184.5B CNY 0.9 12 5.4 5.4
IN
Hindustan Zinc Ltd
NSE:HINDZINC
1.9T INR 5.5 18.2 10.6 13.4
P/E Multiple
Earnings Growth PEG
CA
Ivanhoe Mines Ltd
TSX:IVN
Average P/E: 17.7
24.5
64%
0.4
AU
BHP Group Ltd
ASX:BHP
11.3
-13%
N/A
AU
Rio Tinto Ltd
ASX:RIO
10
-1%
N/A
UK
Rio Tinto PLC
LSE:RIO
8.2
-1%
N/A
CH
Glencore PLC
LSE:GLEN
Negative Multiple: -30.8 N/A N/A
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
12.6
9%
1.4
SA
Saudi Arabian Mining Company SJSC
SAU:1211
44.8
33%
1.4
UK
Anglo American PLC
LSE:AAL
Negative Multiple: -13.1 N/A N/A
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
Not Available
-76%
N/A
CN
CMOC Group Ltd
SSE:603993
12
12%
1
IN
Hindustan Zinc Ltd
NSE:HINDZINC
18.2
N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Ivanhoe Mines Ltd
TSX:IVN
Average EV/EBITDA: 44.2
41.8
124%
0.3
AU
BHP Group Ltd
ASX:BHP
5.1
-4%
N/A
AU
Rio Tinto Ltd
ASX:RIO
5.5
5%
1.1
UK
Rio Tinto PLC
LSE:RIO
24.8
6%
4.1
CH
Glencore PLC
LSE:GLEN
222.4
17%
13.1
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
5.5
7%
0.8
SA
Saudi Arabian Mining Company SJSC
SAU:1211
16.5
2%
8.2
UK
Anglo American PLC
LSE:AAL
104.6
7%
14.9
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
Not Available
283%
N/A
CN
CMOC Group Ltd
SSE:603993
5.4
14%
0.4
IN
Hindustan Zinc Ltd
NSE:HINDZINC
10.6
N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Ivanhoe Mines Ltd
TSX:IVN
Average EV/EBIT: 88.4
48
71%
0.7
AU
BHP Group Ltd
ASX:BHP
6.4
-5%
N/A
AU
Rio Tinto Ltd
ASX:RIO
7.5
5%
1.5
UK
Rio Tinto PLC
LSE:RIO
34.2
4%
8.5
CH
Glencore PLC
LSE:GLEN
563.8
32%
17.6
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
6.5
6%
1.1
SA
Saudi Arabian Mining Company SJSC
SAU:1211
29.4
5%
5.9
UK
Anglo American PLC
LSE:AAL
169.1
10%
16.9
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
Not Available
242%
N/A
CN
CMOC Group Ltd
SSE:603993
5.4
8%
0.7
IN
Hindustan Zinc Ltd
NSE:HINDZINC
13.4
N/A N/A

See Also

Summary
IVN intrinsic value, competitors valuation, and company profile.
DCF Valuation
IVN stock valuation using Discount Cash Flow valuation method.
Relative Valuation
IVN stock valuation using valuation multiples.
Wall Street Estimates
IVN price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
IVN stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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