Ivanhoe Mines Ltd
TSX:IVN

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Ivanhoe Mines Ltd Logo
Ivanhoe Mines Ltd
TSX:IVN
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Price: 17.35 CAD 2.97% Market Closed
Market Cap: 23.4B CAD
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Relative Value

The Relative Value of one IVN stock under the Base Case scenario is 7.18 CAD. Compared to the current market price of 17.35 CAD, Ivanhoe Mines Ltd is Overvalued by 59%.

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
7.18 CAD
Overvaluation 59%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

61
P/S
P/S
Price to Sales
61
vs History
19
vs Industry
Median 3Y
0
Median 5Y
0
Industry
1.7
Forward
209.1
More Details
104.2
P/E
P/E
Price to Earnings
104.2
vs History
39
vs Industry
2
Median 3Y
45.1
Median 5Y
45.1
Industry
15.4
Forward
35.6
More Details
Negative
P/OCF
P/OCF
Price to OCF
N/A
vs History
vs Industry
2
Median 3Y
-382.4
Median 5Y
-144.2
Industry
9.1
More Details
Negative
P/FCFE
P/FCFE
Price to FCFE
N/A
vs History
vs Industry
0
Median 3Y
-32.6
Median 5Y
-30.6
Industry
15
More Details
3.3
P/B
P/B
Price to Book Value
3.3
vs History
53
vs Industry
12
Median 3Y
3.7
Median 5Y
3.5
Industry
1.4
More Details
61.1
EV/S
EV/S
Enterprise Value to Sales
61.1
vs History
19
vs Industry
Median 3Y
0
Median 5Y
0
Industry
2.1
Forward
209.4
More Details
N/A
EV/GP
EV/GP
Enterprise Value to Gross Profit
N/A
vs History
vs Industry
Median 3Y
0
Median 5Y
0
Industry
7.2
More Details
116
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
116
vs History
14
vs Industry
Median 3Y
-82.8
Median 5Y
-70.9
Industry
9.9
Forward
19.9
More Details
118.7
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
118.7
vs History
9
vs Industry
Median 3Y
-86
Median 5Y
-69.5
Industry
12.6
Forward
104.4
More Details
Negative
EV/OCF
EV/OCF
Enterprise Value to OCF
N/A
vs History
vs Industry
3
Median 3Y
-374.1
Median 5Y
-141.9
Industry
10.3
More Details
Negative
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
N/A
vs History
vs Industry
0
Median 3Y
-30.4
Median 5Y
-34
Industry
13
More Details
3
EV/IC
EV/IC
Enterprise Value to IC
3
vs History
47
vs Industry
17
Median 3Y
3.2
Median 5Y
3
Industry
1.3
More Details

Multiples Across Competitors

IVN Competitors Multiples
Ivanhoe Mines Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Ivanhoe Mines Ltd
TSX:IVN
23.4B CAD 61 104.2 116 118.7
AU
BHP Group Ltd
ASX:BHP
201.5B AUD 2.3 16 4.6 5.7
AU
Rio Tinto Ltd
ASX:RIO
190.1B AUD 2.2 11.1 5.7 7.8
UK
Rio Tinto PLC
LSE:RIO
75.7B GBP 1.8 8.9 15.8 21.5
CH
Glencore PLC
LSE:GLEN
42.8B GBP 0.2 -103.3 198.7 481.8
SA
Saudi Arabian Mining Company SJSC
SAU:1211
150B SAR 5.2 53.3 17 32.5
UK
Anglo American PLC
LSE:AAL
30.9B GBP 1.3 -23.5 96.7 140.6
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
772.9B MXN 2.5 10.7 4.9 5.9
ZA
African Rainbow Minerals Ltd
JSE:ARI
29.8B Zac 0 0 0 0
IN
Hindustan Zinc Ltd
NSE:HINDZINC
2T INR 6.3 22.5 12.7 16.5
IN
Vedanta Ltd
NSE:VEDL
1.8T INR 1.2 33.8 5.2 7.2
P/E Multiple
Earnings Growth P/E to Growth
CA
Ivanhoe Mines Ltd
TSX:IVN
Average P/E: 32.6
104.2
206%
0.5
AU
BHP Group Ltd
ASX:BHP
16
-33%
N/A
AU
Rio Tinto Ltd
ASX:RIO
11.1
13%
0.8
UK
Rio Tinto PLC
LSE:RIO
8.9
9%
0.9
CH
Glencore PLC
LSE:GLEN
Negative Multiple: -103.3
41%
N/A
SA
Saudi Arabian Mining Company SJSC
SAU:1211
53.3
295%
0.2
UK
Anglo American PLC
LSE:AAL
Negative Multiple: -23.5
1 272%
N/A
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
10.7
26%
0.4
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
Not Available
-98%
N/A
IN
Hindustan Zinc Ltd
NSE:HINDZINC
22.5
55%
0.4
IN
Vedanta Ltd
NSE:VEDL
33.8
402%
0.1
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Ivanhoe Mines Ltd
TSX:IVN
Average EV/EBITDA: 47.7
116
1 060%
0.1
AU
BHP Group Ltd
ASX:BHP
4.6
-12%
N/A
AU
Rio Tinto Ltd
ASX:RIO
5.7
13%
0.4
UK
Rio Tinto PLC
LSE:RIO
15.8
9%
1.7
CH
Glencore PLC
LSE:GLEN
198.7
26%
7.6
SA
Saudi Arabian Mining Company SJSC
SAU:1211
17
58%
0.3
UK
Anglo American PLC
LSE:AAL
96.7
23%
4.2
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
4.9
38%
0.1
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
Not Available
5 315%
N/A
IN
Hindustan Zinc Ltd
NSE:HINDZINC
12.7
46%
0.3
IN
Vedanta Ltd
NSE:VEDL
5.2
56%
0.1
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Ivanhoe Mines Ltd
TSX:IVN
Average EV/EBIT: 83.8
118.7
373%
0.3
AU
BHP Group Ltd
ASX:BHP
5.7
-20%
N/A
AU
Rio Tinto Ltd
ASX:RIO
7.8
3%
2.6
UK
Rio Tinto PLC
LSE:RIO
21.5
4%
6.1
CH
Glencore PLC
LSE:GLEN
481.8
13%
37.4
SA
Saudi Arabian Mining Company SJSC
SAU:1211
32.5
155%
0.2
UK
Anglo American PLC
LSE:AAL
140.6
20%
7.2
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
5.9
38%
0.2
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
Not Available
3 771%
N/A
IN
Hindustan Zinc Ltd
NSE:HINDZINC
16.5
53%
0.3
IN
Vedanta Ltd
NSE:VEDL
7.2
77%
0.1

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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