# Ivanhoe Electric Inc. (IE) fundamentals

Data as of 2026-09-08. AMEX, United States. Sector: Basic Materials / Metals & Mining. Price $9.99, market value $1.6 billion.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Ivanhoe Electric Inc. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 527.4×**. Each dollar of revenue is priced at 527.4×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 3.0×**. The shares trade at 3.0× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 85.7×**. Enterprise value is 85.7× operating earnings before depreciation, the multiple that ignores how the company is financed; above 20× is demanding.
- **Free-cash-flow yield: -7.3%** (5-yr avg -15.8%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.

## Profitability
- **Gross margin: 58.7%**. Ivanhoe Electric Inc. keeps 58.7% of revenue after the direct cost of what it sells.
- **Operating margin: 474.5%**. 474.5% of revenue is left after running the business, an exceptional level.
- **Return on equity: -25.4%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: 4.1%**. Return on all capital, debt included, is 4.1%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -7.1%**. Each dollar of assets produces -7.1% of profit.

## Growth
- **Revenue growth (1 yr): 11.8%** (3-yr -27.3%/yr). Revenue grew 11.8% over the last year.
- **EPS growth (1 yr): 26.2%**. Earnings per share rose 26.2%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Debt to equity: 0.09**. Debt is 0.09 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. Ivanhoe Electric Inc. holds more cash than debt.
- **Current ratio: 3.34** (quick 3.34). Current assets cover the next year's liabilities 3.34 times.
- **Altman Z-score: 16.79**. A Z-score of 16.79 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Ivanhoe Electric Inc. does not currently pay a dividend.

## Analyst view
- **Analyst consensus: buy** (6 analysts). 6 analysts cover Ivanhoe Electric Inc.; the consensus is buy, with an average price target of $21.42 (+114% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 12.6%** (YTD -37.5%, 3-mo -13.1%). The shares are up 12.6% over twelve months including dividends.
- **From 52-week high: -53.6%** (27.2% above the low). Trading 54% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 44**. An RSI of 44 is neutral.
- **Beta (1 yr): 3.15** (volatility 76%). Beta of 3.15 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=IE · Page: https://foliofundamentals.com/stocks/ie

Not investment advice.