# Lucara Diamond Corp. (LUC.TO) fundamentals

Data as of 2026-09-08. TSX, Canada. Sector: Basic Materials / Metals & Mining. Price C$0.18, market value C$276 million.

## Valuation
- **P/E (trailing): 4.6×** (5-yr avg 6.0×, 3-yr avg 4.2×). Lucara Diamond Corp. trades at 4.6× trailing earnings, well below its own five-year average of 6.0×: cheap by its own standards. The Basic Materials median in the September 2026 study was 19.0×.
- **Price / sales: 1.4×**. Each dollar of revenue is priced at 1.4×.
- **Price / book: 0.5×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **EV / EBITDA: 11.0×**. Enterprise value is 11.0× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: -27.1%** (5-yr avg -8.0%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.
- **Earnings yield: 21.6%**. The inverse of the P/E: 21.6% of the price is earned each year.

## Profitability
- **Gross margin: 24.8%**. Lucara Diamond Corp. keeps 24.8% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: 12.0%**. 12.0% of revenue is left after running the business.
- **Net margin: 16.4%**. 16.4% of each dollar of sales reaches the bottom line.
- **Return on equity: 8.4%**. 8.4% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 3.0%**. Return on all capital, debt included, is 3.0%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: 1.9%**. Each dollar of assets produces 1.9% of profit.

## Growth
- **Revenue growth (1 yr): -20.3%** (3-yr -8.6%/yr, 5-yr 5.3%/yr). Revenue fell 20.3% over the last year, against 5.3% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -33.4%** (3-yr -14.4%/yr). Earnings per share fell 33.4%, slower than revenue, so margins compressed.

## Financial health
- **Debt to equity: 0.71**. Debt is 0.71 times equity, moderate leverage.
- **Net debt / EBITDA: 5.4×**. It would take 5.4 years of operating earnings to repay net borrowings, above the 3× level most lenders treat as comfortable.
- **Interest coverage: 4.7×**. Operating profit covers interest 4.7× over, a safe margin.
- **Current ratio: 1.47** (quick 0.78). Current assets cover the next year's liabilities 1.47 times.
- **Altman Z-score: 1.35**. A Z-score of 1.35 is in the distress zone, a signal to examine the balance sheet closely.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Lucara Diamond Corp. does not currently pay a dividend.

## Price and momentum
- **Total return (1 yr): -17.4%** (YTD -5.0%, 3-mo 11.8%). The shares are down 17.4% over twelve months including dividends.
- **From 52-week high: -47.1%** (23.3% above the low). Trading 47% 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): 69**. An RSI of 69 is neutral.
- **Beta (1 yr): 0.53** (volatility 84%). Beta of 0.53 against the S&P/TSX Composite: the shares move much less than the market.

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

Not investment advice.