Company Valuation: Labrador Iron Ore Royalty Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,402 2,149 2,042 1,852 1,912 1,702 - -
Change - -10.52% -5% -9.31% 3.25% -10.98% - -
Enterprise Value (EV) 1 2,319 2,109 2,028 1,809 1,897 1,693 1,691 1,684
Change - -9.05% -3.83% -10.81% 4.86% -10.77% -0.12% -0.41%
P/E 6.33x 8.09x 11x 10.6x 19x 22.7x 14.4x 13.9x
PBR - - - - - - - -
PEG - -0.3x -0.4x -1.71x -0.4x -0.9x 0.3x 4.01x
Capitalization / Revenue 8.59x 9.23x 10.1x 8.86x 11.5x 10.8x 10x 9.51x
EV / Revenue 8.29x 9.06x 10.1x 8.66x 11.4x 10.7x 9.95x 9.41x
EV / EBITDA 5.14x 6.25x 8.34x 8.03x 13x 13.6x 9.14x 8.98x
EV / EBIT 10.8x 11.9x 13.3x 11.4x 15.2x 15x 10.6x 10.8x
EV / FCF 5.76x 11.5x 13.3x 8.96x 19.5x 18.8x 14.8x -
FCF Yield 17.4% 8.73% 7.52% 11.2% 5.12% 5.32% 6.74% -
Dividend per Share 2 6 3.1 2.55 3 1.55 1.312 1.787 1.817
Rate of return 16% 9.23% 7.99% 10.4% 5.19% 4.94% 6.72% 6.83%
EPS 2 5.93 4.15 2.91 2.73 1.57 1.172 1.846 1.91
Distribution rate 101% 74.7% 87.6% 110% 98.7% 112% 96.8% 95.1%
Net sales 1 279.7 232.9 201.3 209 166.5 157.5 170 179
EBITDA 1 450.8 337.7 243.2 225.4 146.5 124.5 185 187.5
EBIT 1 215 177.2 152.5 158.5 124.4 113 159 156
Net income 1 379.8 265.4 186.3 175 100.6 70.5 125 129
Net Debt 1 -82.91 -39.9 -13.19 -42.3 -14.57 -9 -11 -18
Reference price 2 37.53 33.58 31.90 28.93 29.87 26.59 26.59 26.59
Nbr of stocks (in thousands) 64,000 64,000 64,000 64,000 64,000 64,000 - -
Announcement Date 11/03/22 07/03/23 13/03/24 11/03/25 11/03/26 - - -
1CAD in Million2CAD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
22.69x10.75x13.6x4.94% 1.24B
8.3x1.82x4.7x7.19% 60.77B
15.27x2.63x5.82x4.19% 39.3B
10.08x2.32x6.96x4.26% 7.74B
32.17x2.41x7.3x4.95% 5.9B
8.16x1.06x2.89x7.71% 4.67B
15.4x - - - 1.48B
Average 16.01x 3.50x 6.88x 5.54% 17.3B
Weighted average by Cap. 12.07x 2.21x 5.37x 5.9%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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