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 1,699 - -
Change - -10.52% -5% -9.31% 3.25% -11.11% - -
Enterprise Value (EV) 1 2,319 2,109 2,028 1,809 1,897 1,684 1,681 1,674
Change - -9.05% -3.83% -10.81% 4.86% -11.22% -0.18% -0.42%
P/E 6.33x 8.09x 11x 10.6x 19x 18.3x 12.8x 14x
PBR - - - - - - - -
PEG - -0.3x -0.4x -1.71x -0.4x -2.39x 0.3x -1.64x
Capitalization / Revenue 8.59x 9.23x 10.1x 8.86x 11.5x 10.5x 9.82x 9.39x
EV / Revenue 8.29x 9.06x 10.1x 8.66x 11.4x 10.4x 9.72x 9.25x
EV / EBITDA 5.14x 6.25x 8.34x 8.03x 13x 11.1x 8.13x 8.93x
EV / EBIT 10.8x 11.9x 13.3x 11.4x 15.2x 15.3x 10.3x 10.3x
EV / FCF 5.76x 11.5x 13.3x 8.96x 19.5x 18.7x 14.7x -
FCF Yield 17.4% 8.73% 7.52% 11.2% 5.12% 5.34% 6.78% -
Dividend per Share 2 6 3.1 2.55 3 1.55 1.125 1.9 1.867
Rate of return 16% 9.23% 7.99% 10.4% 5.19% 4.24% 7.16% 7.03%
EPS 2 5.93 4.15 2.91 2.73 1.57 1.45 2.078 1.9
Distribution rate 101% 74.7% 87.6% 110% 98.7% 77.6% 91.5% 98.2%
Net sales 1 279.7 232.9 201.3 209 166.5 161.5 173 181
EBITDA 1 450.8 337.7 243.2 225.4 146.5 152 206.7 187.5
EBIT 1 215 177.2 152.5 158.5 124.4 110 163 162.5
Net income 1 379.8 265.4 186.3 175 100.6 73.1 123.5 121.5
Net Debt 1 -82.91 -39.9 -13.19 -42.3 -14.57 -15 -18 -25
Reference price 2 37.53 33.58 31.90 28.93 29.87 26.55 26.55 26.55
Nbr of stocks (in thousands) 64,000 64,000 64,000 64,000 64,000 64,000 - -
Announcement Date 3/11/22 3/7/23 3/13/24 3/11/25 3/11/26 - - -
1CAD in Million2CAD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
18.31x10.43x11.09x4.24% 1.21B
7.68x1.86x4.66x6.75% 62.52B
10.87x2.49x4.83x6.02% 41.11B
10.16x2.34x7.03x4.22% 7.76B
8.32x1.24x3.13x8.08% 5.51B
24.32x2x6.06x4.46% 5.6B
14.05x - - - 1.34B
Average 13.39x 3.39x 6.13x 5.63% 17.86B
Weighted average by Cap. 9.83x 2.16x 4.92x 6.28%

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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