Ivanhoe Mines Ltd
TSX:IVN

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Ivanhoe Mines Ltd Logo
Ivanhoe Mines Ltd
TSX:IVN
Watchlist
Price: 10.21 CAD -2.76% Market Closed
Market Cap: 13.8B 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 6.43 CAD. Compared to the current market price of 10.21 CAD, Ivanhoe Mines Ltd is Overvalued by 37%.

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
6.43 CAD
Overvaluation 37%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

21.3
P/S
P/S
Price to Sales
21.3
vs History
38
vs Industry
23
Median 3Y
26.3
Median 5Y
0
Industry
1.8
Forward
20.8
More Details
23.8
P/E
P/E
Price to Earnings
23.8
vs History
65
vs Industry
2
Median 3Y
38.6
Median 5Y
38.6
Industry
16.1
Forward
19.6
More Details
Negative
P/OCF
P/OCF
Price to OCF
N/A
vs History
vs Industry
2
Median 3Y
-286.9
Median 5Y
-133.3
Industry
9.6
More Details
30.7
P/FCFE
P/FCFE
Price to FCFE
30.7
vs History
14
vs Industry
0
Median 3Y
-32.8
Median 5Y
-32
Industry
16
More Details
2
P/B
P/B
Price to Book Value
2
vs History
90
vs Industry
22
Median 3Y
3.5
Median 5Y
3.5
Industry
1.6
More Details
21.9
EV/S
EV/S
Enterprise Value to Sales
21.9
vs History
38
vs Industry
22
Median 3Y
26.9
Median 5Y
0
Industry
2.2
Forward
21.4
More Details
62.4
EV/GP
EV/GP
Enterprise Value to Gross Profit
62.4
vs History
4
vs Industry
Median 3Y
0
Median 5Y
0
Industry
7.3
More Details
40.7
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
40.7
vs History
33
vs Industry
2
Median 3Y
-70.9
Median 5Y
-70.9
Industry
10.4
Forward
10.1
More Details
46.8
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
46.8
vs History
28
vs Industry
2
Median 3Y
-64.5
Median 5Y
-69.5
Industry
13.2
Forward
21.1
More Details
Negative
EV/OCF
EV/OCF
Enterprise Value to OCF
N/A
vs History
vs Industry
3
Median 3Y
-287.3
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
-26.4
Median 5Y
-34
Industry
14.6
More Details
1.8
EV/IC
EV/IC
Enterprise Value to IC
1.8
vs History
93
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
13.8B CAD 21.3 23.8 40.7 46.8
AU
BHP Group Ltd
ASX:BHP
183.7B AUD 2.2 10.5 4.8 5.9
AU
Rio Tinto Ltd
ASX:RIO
167.2B AUD 2 9.4 5.1 7.1
UK
Rio Tinto PLC
LSE:RIO
67.6B GBP 1.7 7.9 24.6 34
CH
Glencore PLC
LSE:GLEN
35B GBP 0.2 -28.8 222.2 563.3
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
818.7B MXN 2.6 11.6 5 5.9
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
27.2B GBP 1.3 -12 104.2 168.4
ZA
African Rainbow Minerals Ltd
JSE:ARI
33.3B Zac 0 0 0 0
CN
CMOC Group Ltd
SSE:603993
168.5B CNY 0.8 11 4.9 4.9
IN
Hindustan Zinc Ltd
NSE:HINDZINC
1.8T INR 5.4 17.8 10.4 13.2
P/E Multiple
Earnings Growth PEG
CA
Ivanhoe Mines Ltd
TSX:IVN
Average P/E: 17.1
23.8
64%
0.4
AU
BHP Group Ltd
ASX:BHP
10.5
-13%
N/A
AU
Rio Tinto Ltd
ASX:RIO
9.4
-1%
N/A
UK
Rio Tinto PLC
LSE:RIO
7.9
-1%
N/A
CH
Glencore PLC
LSE:GLEN
Negative Multiple: -28.8 N/A N/A
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
11.6
9%
1.3
SA
Saudi Arabian Mining Company SJSC
SAU:1211
44.8
33%
1.4
UK
Anglo American PLC
LSE:AAL
Negative Multiple: -12 N/A N/A
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
Not Available
-76%
N/A
CN
CMOC Group Ltd
SSE:603993
11
12%
0.9
IN
Hindustan Zinc Ltd
NSE:HINDZINC
17.8
N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Ivanhoe Mines Ltd
TSX:IVN
Average EV/EBITDA: 43.8
40.7
124%
0.3
AU
BHP Group Ltd
ASX:BHP
4.8
-4%
N/A
AU
Rio Tinto Ltd
ASX:RIO
5.1
5%
1
UK
Rio Tinto PLC
LSE:RIO
24.6
6%
4.1
CH
Glencore PLC
LSE:GLEN
222.2
17%
13.1
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
5
7%
0.7
SA
Saudi Arabian Mining Company SJSC
SAU:1211
16.5
2%
8.2
UK
Anglo American PLC
LSE:AAL
104.2
7%
14.9
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
Not Available
283%
N/A
CN
CMOC Group Ltd
SSE:603993
4.9
14%
0.4
IN
Hindustan Zinc Ltd
NSE:HINDZINC
10.4
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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