Financial Analysis: Turquoise Hill Resources (IVN) versus Its Peers
Turquoise Hill Resources (NYSE: IVN) is one of 105 public companies in the “Integrated Mining” industry, but how does it compare to its peers? We will compare Turquoise Hill Resources to similar businesses based on the strength of its analyst recommendations, earnings, institutional ownership, profitability, risk, valuation and dividends.
This is a breakdown of current recommendations and price targets for Turquoise Hill Resources and its peers, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Turquoise Hill Resources||0||0||0||0||N/A|
|Turquoise Hill Resources Competitors||864||2858||3007||81||2.34|
As a group, “Integrated Mining” companies have a potential upside of 4.90%. Given Turquoise Hill Resources’ peers higher probable upside, analysts clearly believe Turquoise Hill Resources has less favorable growth aspects than its peers.
Risk and Volatility
Turquoise Hill Resources has a beta of 0.33, meaning that its share price is 67% less volatile than the S&P 500. Comparatively, Turquoise Hill Resources’ peers have a beta of 0.41, meaning that their average share price is 59% less volatile than the S&P 500.
Institutional & Insider Ownership
28.5% of shares of all “Integrated Mining” companies are owned by institutional investors. 13.1% of shares of all “Integrated Mining” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Valuation & Earnings
This table compares Turquoise Hill Resources and its peers gross revenue, earnings per share (EPS) and valuation.
|Gross Revenue||NetIncome||Price/Earnings Ratio|
|Turquoise Hill Resources||N/A||N/A||52.00|
|Turquoise Hill Resources Competitors||$11.93 billion||$1.07 billion||40.34|
Turquoise Hill Resources’ peers have higher revenue and earnings than Turquoise Hill Resources. Turquoise Hill Resources is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.
This table compares Turquoise Hill Resources and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Turquoise Hill Resources||-0.19%||1.09%||-0.01%|
|Turquoise Hill Resources Competitors||-35,586.18%||2.38%||-0.14%|
Turquoise Hill Resources peers beat Turquoise Hill Resources on 6 of the 8 factors compared.
Turquoise Hill Resources Company Profile
Turquoise Hill Resources Ltd. is an international mining company. The Company focuses on the operation and further development of the Oyu Tolgoi copper-gold mine in Southern Mongolia, which is the Company’s principal material mineral resource property. The Company’s Oyu Tolgoi mine is held through approximately 65% interest in Oyu Tolgoi LLC (Oyu Tolgoi) and the remaining approximately 35% interest is held by Erdenes Oyu Tolgoi LLC (Erdenes). The Company’s Oyu Tolgoi mine is located approximately 550 kilometers south of Ulaanbaatar, Mongolia’s capital city, and 80 kilometers north of the Mongolia-China border. The Company’s Mineralization on the property consists of porphyry-style copper, gold, silver and molybdenum contained in a linear structural trend (the Oyu Tolgoi Trend) of deposits throughout this trend. They include, from south to north, the Heruga Deposit, the Oyut deposit and the Hugo Dummett deposits (Hugo South, Hugo North and Hugo North Extension).
Receive News & Ratings for Turquoise Hill Resources Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Turquoise Hill Resources Ltd and related companies with MarketBeat.com's FREE daily email newsletter.