Labrador Iron Ore Royalty Corp
TSX:LIF

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Labrador Iron Ore Royalty Corp
TSX:LIF
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Price: 29.28 CAD -0.41%
Market Cap: 1.9B CAD

Relative Value

The Relative Value of one LIF stock under the Base Case scenario is 29.8 CAD. Compared to the current market price of 29.28 CAD, Labrador Iron Ore Royalty Corp is Undervalued by 2%.

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.

LIF Relative Value
Base Case
29.8 CAD
Undervaluation 2%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
19
vs Industry
33
Median 3Y
9.2
Median 5Y
8.9
Industry
1.8
Forward
10.1
vs History
3
vs Industry
19
Median 3Y
9.3
Median 5Y
8
Industry
16
Forward
10
vs History
44
vs Industry
17
Median 3Y
9.8
Median 5Y
9.2
Industry
9.3
vs History
44
vs Industry
17
Median 3Y
9.8
Median 5Y
9.2
Industry
15.6
vs History
53
vs Industry
21
Median 3Y
3
Median 5Y
3
Industry
1.6
vs History
15
vs Industry
32
Median 3Y
9
Median 5Y
8.8
Industry
2.1
Forward
10
vs History
17
vs Industry
25
Median 3Y
11.2
Median 5Y
11
Industry
7.2
vs History
15
vs Industry
15
Median 3Y
11.4
Median 5Y
11.2
Industry
10.2
Forward
6.7
vs History
12
vs Industry
17
Median 3Y
11.8
Median 5Y
11.6
Industry
13
Forward
9.5
vs History
41
vs Industry
19
Median 3Y
9.7
Median 5Y
9
Industry
10.5
vs History
41
vs Industry
17
Median 3Y
9.7
Median 5Y
9
Industry
13.9
vs History
53
vs Industry
24
Median 3Y
2.4
Median 5Y
2.4
Industry
1.4

Multiples Across Competitors

LIF Competitors Multiples
Labrador Iron Ore Royalty Corp Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Labrador Iron Ore Royalty Corp
TSX:LIF
1.9B CAD 9.9 13.7 12.5 13.1
ZA
Kumba Iron Ore Ltd
JSE:KIO
91.8B Zac 0 0 0 0
BR
Vale SA
BOVESPA:VALE3
225.6B BRL 1.1 7.2 3.9 5
AU
Fortescue Metals Group Ltd
ASX:FMG
46.9B AUD 1.9 7.8 5.3 5.3
AU
Fortescue Ltd
XMUN:FVJ
26.1B EUR 1.8 7.6 5.2 5.2
US
Nucor Corp
NYSE:NUE
28.3B USD 0.9 21.3 8.8 14.6
IN
JSW Steel Ltd
NSE:JSWSTEEL
2.4T INR 1.4 71.6 13.3 21.6
LU
ArcelorMittal SA
AEX:MT
22.8B EUR 0.4 21.5 4.8 8.6
IN
Tata Steel Ltd
NSE:TATASTEEL
2T INR 0.9 57.7 10.2 17.4
JP
Nippon Steel Corp
TSE:5401
3T JPY 0.3 8.6 4.7 8
US
Steel Dynamics Inc
NASDAQ:STLD
20.3B USD 1.2 17.4 11.7 15.7
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Labrador Iron Ore Royalty Corp
TSX:LIF
Average EV/EBITDA: 8.1
12.5
20%
0.6
ZA
K
Kumba Iron Ore Ltd
JSE:KIO
Not Available
12%
N/A
BR
Vale SA
BOVESPA:VALE3
3.9
8%
0.5
AU
Fortescue Metals Group Ltd
ASX:FMG
5.3
-9%
N/A
AU
F
Fortescue Ltd
XMUN:FVJ
5.2
-9%
N/A
US
Nucor Corp
NYSE:NUE
8.8
10%
0.9
IN
JSW Steel Ltd
NSE:JSWSTEEL
13.3
13%
1
LU
ArcelorMittal SA
AEX:MT
4.8
12%
0.4
IN
Tata Steel Ltd
NSE:TATASTEEL
10.2
19%
0.5
JP
Nippon Steel Corp
TSE:5401
4.7
11%
0.4
US
Steel Dynamics Inc
NASDAQ:STLD
11.7
12%
1
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Labrador Iron Ore Royalty Corp
TSX:LIF
Average EV/EBIT: 11.5
13.1
9%
1.5
ZA
K
Kumba Iron Ore Ltd
JSE:KIO
Not Available
3%
N/A
BR
Vale SA
BOVESPA:VALE3
5
4%
1.2
AU
Fortescue Metals Group Ltd
ASX:FMG
5.3
-25%
N/A
AU
F
Fortescue Ltd
XMUN:FVJ
5.2
-25%
N/A
US
Nucor Corp
NYSE:NUE
14.6
13%
1.1
IN
JSW Steel Ltd
NSE:JSWSTEEL
21.6
15%
1.4
LU
ArcelorMittal SA
AEX:MT
8.6
13%
0.7
IN
Tata Steel Ltd
NSE:TATASTEEL
17.4
27%
0.6
JP
Nippon Steel Corp
TSE:5401
8
N/A N/A
US
Steel Dynamics Inc
NASDAQ:STLD
15.7
13%
1.2