Ivanhoe Mines Stock Fundamentals
| IVN Stock | CAD 18.85 0.22 1.18% |
Ivanhoe Mines fundamentals help investors to digest information that contributes to Ivanhoe Mines' financial success or failures. It also enables traders to predict the movement of Ivanhoe Stock. The fundamental analysis module provides a way to measure Ivanhoe Mines' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Ivanhoe Mines stock.
At this time, Ivanhoe Mines' Discontinued Operations is very stable compared to the past year. As of the 30th of November 2024, Net Income From Continuing Ops is likely to grow to about 318.1 M, while Interest Expense is likely to drop about 6.9 M. Ivanhoe | Select Account or Indicator |
Ivanhoe Mines Company Current Valuation Analysis
Ivanhoe Mines' Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Ivanhoe Mines Current Valuation | 25.11 B |
Most of Ivanhoe Mines' fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ivanhoe Mines is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Ivanhoe Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for Ivanhoe Mines is extremely important. It helps to project a fair market value of Ivanhoe Stock properly, considering its historical fundamentals such as Current Valuation. Since Ivanhoe Mines' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Ivanhoe Mines' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Ivanhoe Mines' interrelated accounts and indicators.
Click cells to compare fundamentals
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Ivanhoe Mines has a Current Valuation of 25.11 B. This is 120.07% higher than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The current valuation for all Canada stocks is 51.04% lower than that of the firm.
Ivanhoe Mines Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Ivanhoe Mines's current stock value. Our valuation model uses many indicators to compare Ivanhoe Mines value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ivanhoe Mines competition to find correlations between indicators driving Ivanhoe Mines's intrinsic value. More Info.Ivanhoe Mines is currently regarded as number one stock in return on equity category among its peers. It is rated second overall in return on asset category among its peers . At this time, Ivanhoe Mines' Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Ivanhoe Mines by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ivanhoe Mines' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Ivanhoe Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ivanhoe Mines' direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ivanhoe Mines could also be used in its relative valuation, which is a method of valuing Ivanhoe Mines by comparing valuation metrics of similar companies.Ivanhoe Mines is currently under evaluation in current valuation category among its peers.
Ivanhoe Mines Current Valuation Drivers
We derive many important indicators used in calculating different scores of Ivanhoe Mines from analyzing Ivanhoe Mines' financial statements. These drivers represent accounts that assess Ivanhoe Mines' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Ivanhoe Mines' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 3.5B | 6.5B | 9.9B | 9.6B | 11.9B | 12.5B | |
| Enterprise Value | 2.9B | 6.3B | 9.7B | 9.5B | 12.0B | 12.6B |
Ivanhoe Fundamentals
| Return On Equity | 0.0332 | ||||
| Return On Asset | -0.0147 | ||||
| Current Valuation | 25.11 B | ||||
| Shares Outstanding | 1.35 B | ||||
| Shares Owned By Insiders | 44.95 % | ||||
| Shares Owned By Institutions | 36.00 % | ||||
| Number Of Shares Shorted | 7.15 M | ||||
| Price To Earning | 321.88 X | ||||
| Price To Book | 3.65 X | ||||
| EBITDA | (90.44 M) | ||||
| Net Income | 295.29 M | ||||
| Cash And Equivalents | 597.45 M | ||||
| Cash Per Share | 0.41 X | ||||
| Total Debt | 647.42 M | ||||
| Debt To Equity | 0.02 % | ||||
| Current Ratio | 25.97 X | ||||
| Book Value Per Share | 3.64 X | ||||
| Cash Flow From Operations | (31.57 M) | ||||
| Short Ratio | 4.59 X | ||||
| Earnings Per Share | 0.17 X | ||||
| Target Price | 17.68 | ||||
| Beta | 1.93 | ||||
| Market Capitalization | 25.46 B | ||||
| Total Asset | 5 B | ||||
| Retained Earnings | 819.25 M | ||||
| Working Capital | 451.05 M | ||||
| Current Asset | 439.04 M | ||||
| Current Liabilities | 15.65 M | ||||
| Net Asset | 5 B |
About Ivanhoe Mines Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ivanhoe Mines's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ivanhoe Mines using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ivanhoe Mines based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 13.8 M | 14.5 M | |
| Cost Of Revenue | 22.7 M | 44.9 M | |
| Stock Based Compensation To Revenue | 2.15 | 1.91 | |
| Sales General And Administrative To Revenue | 6.38 | 5.67 | |
| Capex To Revenue | 0.92 | 0.82 | |
| Ebit Per Revenue | (21.85) | (22.94) |
Pair Trading with Ivanhoe Mines
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ivanhoe Mines position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ivanhoe Mines will appreciate offsetting losses from the drop in the long position's value.Moving together with Ivanhoe Stock
The ability to find closely correlated positions to Ivanhoe Mines could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ivanhoe Mines when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ivanhoe Mines - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ivanhoe Mines to buy it.
The correlation of Ivanhoe Mines is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ivanhoe Mines moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ivanhoe Mines moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ivanhoe Mines can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Ivanhoe Stock
Ivanhoe Mines financial ratios help investors to determine whether Ivanhoe Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ivanhoe with respect to the benefits of owning Ivanhoe Mines security.