企業概要
IAMGOLD Corporation is a producer and developer of gold assets operating primarily within Canada and Burkina Faso, with its flagship project being the Côté Gold mine located in the Sudbury district of northeastern Ontario. The enterprise operates within the Basic Materials sector, specifically the Gold industry, positioning it as a key player in the extraction and development of precious metals. The company maintains a substantial scale, evidenced by a market capitalization of $11.66B, an annual revenue of $2.85B, and an employment base of 3741 employees. These financial metrics indicate that IAMGOLD holds a significant position within the global gold market, possessing the resources and operational capacity to manage large-scale extraction projects while supporting a workforce of nearly four thousand individuals.
財務健全性
The company reported a revenue of $2.85B over the trailing twelve months, generating a net income of $664.40M and an EBITDA of $1.37B. The substantial gap between the $2.85B revenue and the $664.40M net income reveals a cost structure where approximately 76.7% of sales revenue is consumed by operating expenses, taxes, and other deductions before reaching the bottom line. The free cash flow stands at $538.00M, which provides the company with significant financial flexibility to fund capital expenditures, service debt obligations, or pursue strategic acquisitions without relying heavily on external financing. Profitability is characterized by a gross margin of 42.3%, an operating margin of 51.9%, and a profit margin of 23.3%, indicating that the company retains a healthy portion of revenue after covering the cost of goods sold and overheads, though the spread between gross and operating margins suggests notable operating leverage or specific cost efficiencies. On the balance sheet, the company holds $422.90M in cash against $761.80M in debt, resulting in a debt-to-equity ratio of 17.94, which suggests a leveraged capital structure where debt obligations exceed available liquid assets. Despite the leverage, the current ratio of 1.75 indicates that the company possesses sufficient short-term assets to cover its short-term liabilities, reflecting a manageable level of liquidity for its operational cycle. Management effectiveness is further highlighted by a return on equity of 19.2% and a return on assets of 12.3%, demonstrating that the company generates efficient returns relative to the capital invested by shareholders and the total asset base utilized in operations.
バリュエーション評価
The stock trades with a trailing twelve-month P/E ratio of 17.35 and a forward P/E ratio of 8.76, implying that the market expects a significant acceleration in earnings per share that would bring the valuation multiple down over the coming year. The price-to-book ratio is recorded at 2.79, suggesting that the market values the company's equity at a premium of roughly 179% over its net book value, reflecting intangible assets or growth prospects not fully captured on the balance sheet. Alternative valuation metrics such as a price-to-sales ratio of 4.09 and an EV/EBITDA of 8.82 provide additional context, indicating that the company is priced relative to its top-line revenue and earnings power in a manner consistent with mid-tier mining equities. The stock has exhibited high volatility, trading between a 52-week low of $5.74 and a 52-week high of $24.87, meaning the current share price sits within a range that reflects substantial price discovery and market sentiment shifts. With a beta of 2.28, the company's price movements are expected to be more than twice as volatile as the broader market index, indicating a high-risk profile suitable for investors seeking exposure to leveraged commodity price movements.
Growth & Income
The company has demonstrated explosive expansion with a revenue growth rate of 131.6% and an earnings growth rate of 362.0% year-over-year, indicating that earnings are growing significantly faster than revenue, which often points to favorable cost dynamics, operational efficiencies, or the ramp-up of higher-margin assets. As the company does not distribute dividends, the dividend yield is N/A and the payout ratio is 0.0%, meaning that all generated earnings are retained within the business to fund growth initiatives, debt reduction, or share buybacks rather than being distributed to shareholders. This reinvestment strategy aligns the company's capital allocation with its high-growth trajectory, prioritizing expansion and balance sheet strengthening over immediate income distribution. Overall, the financial profile is defined by rapid earnings expansion, a conservative reinvestment policy, and a capital structure that balances significant leverage with strong cash flow generation.