# Labrador Iron Ore Royalty Corporation (LIF.TO) fundamentals

Data as of 2026-09-08. TSX, Canada. Sector: Basic Materials / Metals & Mining. Price C$26.32, market value C$1.7 billion.

## Valuation
- **P/E (trailing): 21.9×** (5-yr avg 9.7×, 3-yr avg 12.6×). Labrador Iron Ore Royalty Corporation trades at 21.9× trailing earnings, well above its own five-year average of 9.7×: investors are paying up relative to the company's past. The Basic Materials median in the September 2026 study was 19.0×. Forward P/E is 14.3×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 11.0×**. Each dollar of revenue is priced at 11.0×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 2.7×**. The shares trade at 2.7× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 14.5×**. Enterprise value is 14.5× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 5.7%** (5-yr avg 12.1%). Free cash flow equals 5.7% of the market value, below its five-year average of 12.1%, so the shares are pricier on cash than usual. Above 5% is generally attractive.
- **Earnings yield: 4.6%**. The inverse of the P/E: 4.6% of the price is earned each year.

## Profitability
- **Gross margin: 92.8%**. Labrador Iron Ore Royalty Corporation keeps 92.8% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 74.6%**. 74.6% of revenue is left after running the business, an exceptional level.
- **Net margin: 60.6%**. 60.6% of each dollar of sales reaches the bottom line.
- **Return on equity: 15.6%**. 15.6% on shareholders' equity is solid.
- **Return on invested capital: 12.6%**. Return on all capital, debt included, is 12.6%.
- **Return on assets: 9.5%**. Each dollar of assets produces 9.5% of profit.

## Growth
- **Revenue growth (1 yr): -20.1%** (3-yr -10.6%/yr, 5-yr -3.9%/yr). Revenue fell 20.1% over the last year, against -3.9% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -42.5%** (3-yr -27.7%/yr, 5-yr -15.1%/yr). Earnings per share fell 42.5%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): -19.2%/yr**. Free cash flow has compounded at -19.2% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 0.00**. Debt is 0.00 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. Labrador Iron Ore Royalty Corporation holds more cash than debt.
- **Current ratio: 1.84** (quick 1.84). Current assets cover the next year's liabilities 1.84 times.
- **Altman Z-score: 8.02**. A Z-score of 8.02 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 5.13%** (C$1.35 per share, trailing). Labrador Iron Ore Royalty Corporation yields 5.13%, an income-level yield.
- **Payout ratio: 124%** (91% of free cash flow). The dividend exceeds earnings (124% payout), though free cash flow still covers it.
- **Dividend growth (5 yr): -12.7%/yr** (1-yr -48.3%). The dividend has not grown over five years.

## Price and momentum
- **Total return (1 yr): 1.3%** (YTD -10.0%, 3-mo -2.9%). The shares are up 1.3% over twelve months including dividends.
- **From 52-week high: -17.7%** (4.2% above the low). Trading 18% below its 52-week high.
- **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): 0.76** (volatility 21%). Beta of 0.76 against the S&P/TSX Composite: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=LIF.TO · Page: https://foliofundamentals.com/stocks/lif.to

Not investment advice.