Ivanhoe Electric Inc's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Ivanhoe Electric Inc (IE) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Ivanhoe Electric Inc vs Its Competitors
- TTM: Trailing 12-month revenue of 3M vs -M combined for its competitors (100.0% combined share).
- Trending: Latest-quarter revenue run-rate is decelerating (-4.2% annualized vs trailing 12 months).
- Scale: Ivanhoe Electric Inc ranks #48 of 155 companies by market capitalization in the Metal Mining industry, holding 0.1% of industry market cap.
- Peer revenue share: Ivanhoe Electric Inc accounted for 100.0% of combined revenue among its tracked peer group, up from 100.0% a year earlier.
- Structure: Ivanhoe Electric Inc operates in the following segments: Data Processing.
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
IE Sales vs. its Competitors, Q2 2026
Ivanhoe Electric Inc generated 100.00 % of the combined sales of its peer group, up from 100.00 % a year earlier.
API endpoints for this dataset
For context: the Metal Mining industry grew revenue 21.6% year over year, combined, vs -32.2% for Ivanhoe Electric Inc. Ivanhoe Electric Inc's share of combined industry revenue moved from 0.00% to 0.00%, a gain of 0.00 percentage points.
Ivanhoe Electric Inc's Competitor Quality Breadth
Group definitions: see Methodology: Performance Group Definitions.
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Ivanhoe Electric Inc | - | No | No | Yes |
| Competitors combined (1) | - | - | - | |
| High-Confidence Competitors (1) | - | - | - | |
| Similar-Size Competitors (9) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
IE Stock Performance relative to its Competitors
IE Stock Performance relative to High-Confidence Competitors
IE Stock Performance relative to Similar-Size Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Lithium Corporation | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Ivanhoe Electric Inc's best-performing competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Publicly Traded Peers of Ivanhoe Electric Inc
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
 Ivanhoe Electric Inc |
1,282.65 | 3.02 |
 Lithium Corporation |
5.54 | - |
| SUBTOTAL | 1,288.20 | 3.02 |
Sources: see Methodology: Peer & Competitor Identification, Sourcing.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Ivanhoe Electric Inc versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Ivanhoe Electric Inc's Competitors Named by the Company
Competitive relationships identified from Ivanhoe Electric Inc reports and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Dalian Rongke Power Co., Ltd. | Company report | 85% |
| Vionx Energy Corporation | Company report | 85% |
| Invinity Energy Systems plc | Company report | 85% |
| Sumitomo Corporation | Company report | 85% |
| Lithium Corporation | Company report | 85% |
Company report basis, confidence, active dates and source counts for Ivanhoe Electric Inc's named competitors require a Commercial License.
Methodology: see Methodology: Peer & Competitor Identification, Sourcing.
Ivanhoe Electric Inc's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Ivanhoe Electric Inc | Data Processing 100.00 % |
Source: operating segment revenue as reported in each company's reports (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
Ivanhoe Electric Inc's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Ivanhoe Electric Inc | 1,283 | 10,570 | -416,437 |
| Lithium Corporation | 6 | - | - |
| PEERS TOTAL | 6 | - | - |
Ivanhoe Electric Inc's Position in Industry Market Structure
Market-capitalization share and concentration across all 130 companies in Ivanhoe Electric Inc's industry classification, broader than the peer set above. Market cap in millions of $.Ivanhoe Electric Inc ranks #48 of 130 companies by market capitalization in its industry, holding 0.10 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 731, indicating a unconcentrated market structure (see Methodology: Market Structure & Concentration).
| Rank | Company | Market Cap | Industry Share |
|---|---|---|---|
| 1 | Bhp Group Limited | 208,750 | 15.75 % |
| 2 | Southern Copper Corp | 147,619 | 11.14 % |
| 3 | Newmont Corporation | 135,445 | 10.22 % |
| 4 | Rio Tinto Plc | 107,980 | 8.15 % |
| 5 | Agnico Eagle Mines Limited | 1,234 | 5.2% |
| 6 | Freeport mcmoran Inc | 1,234 | 5.2% |
| 7 | Wheaton Precious Metals Corp | 1,234 | 5.2% |
| 8 | Franco nevada Corporation | 1,234 | 5.2% |
| 9 | Anglogold Ashanti Plc | 1,234 | 5.2% |
| 10 | Gold Fields Limited | 1,234 | 5.2% |
| 48 | Ivanhoe Electric Inc | 1,283 | 0.10 % |
Market cap and industry share for the rest of Ivanhoe Electric Inc's industry peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2026-11-09.
Ivanhoe Electric Inc's Same-Size Peers & Stock Performance
Peers chosen by closeness in market-cap rank within the same industry classification (not the named-competitor list above). Trailing 12-month total return, 3-month price momentum, beta and Sharpe ratio vs the broad U.S. market.| Rank | Company | Market Cap | TTM Return |
|---|---|---|---|
| 43 | Denison Mines Corp | 2,026 | -11.72 % |
| 44 | Silvercorp Metals Inc | 1,919 | 50.73 % |
| 45 | Usa Rare Earth Inc | 1,902 | -47.76 % |
| 46 | Almonty Industries Inc | 1,768 | 32.61 % |
| 47 | Nexa Resources S a | 1,234 | 12.3% |
| 48 | Ivanhoe Electric Inc | 1,283 | -35.66 % |
| 49 | I 80 Gold Corp | 1,234 | 12.3% |
| 50 | Solaris Resources Inc | 1,234 | 12.3% |
| 51 | Mcewen Inc | 1,234 | 12.3% |
| 52 | New Pacific Metals Corp | 1,234 | 12.3% |
| 53 | Tmc The Metals Co Inc | 1,234 | 12.3% |
Market cap, return, momentum, beta and Sharpe ratio for the rest of Ivanhoe Electric Inc's same-size peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation); returns and risk metrics as of 2026-11-09. Beta and Sharpe ratio are versus the broad U.S. equity market, not this industry.
Ivanhoe Electric Inc's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Metal Mining industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (111 companies). See the full Metal Mining industry profitability benchmarks.| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 58.72 % | 28.55 % (avg) | +30.2 pp |
| Operating Margin | - | industry median | - |
| EBITDA Margin | -70.20 % | 21.74 % (avg) | -91.9 pp |
| Capital Intensity (Capex / Revenue) | 272.81 % | 15.47 % (avg) | +257.3 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Ivanhoe Electric Inc's Valuation vs Competitive Position
Valuation multiples vs the Metal Mining industry average (111 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns. See the full Metal Mining industry valuation benchmarks.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | - | 23.9x | - |
| EV / EBITDA | - | 14.6x | - |
| P/B | 4.5x | 3.4x | +1.1x |
| Return on Equity | -26.56 % | industry aggregate | -45.66 % |
| Return on Invested Capital | -0.36 % | 6.16 % (avg) | -6.52 % |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Ivanhoe Electric Inc's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in company reports.| Metric | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue Growth | -65.44 % | -0.55 % | 11.82 % |
| Operating Margin | - | - | - |
| Return on Invested Capital | -28.92 % | 26.02 % | 15.57 % |
| P/E | 9.8x | 6.8x | 42.1x |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Ivanhoe Electric Inc's BCG Growth-Share Matrix
See Methodology: BCG Growth-Share Matrix for how relative share and growth are calculated and thresholded.
Ivanhoe Electric Inc falls in the Question Mark quadrant: relative market share of 0.01x vs its largest competitor, in an industry growing revenue 30.1% (median, trailing 12 months).
Source: CSIMarket API (market-cap share and industry revenue growth). The 10% growth and 1.0x share lines are standard textbook thresholds, not derived from this industry's own distribution.
Ivanhoe Electric Inc's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Competitive Rivalry | High | Industry HHI of 731 (see Industry Market Structure & Concentration above) |
| Barriers to Entry | High (capital intensive) | Capital intensity (capex / revenue) of 272.81 % vs industry average 15.47 % (see Profitability & Cost Structure above) |
Note: see Methodology: Porter's Five Forces. Supplier power and buyer power are covered on Ivanhoe Electric Inc's dedicated Suppliers and Customers pages, not here.
Ivanhoe Electric Inc's Industry Attractiveness & Competitive Strength
See Methodology: GE/McKinsey Matrix for how the two axes are built.
Ivanhoe Electric Inc falls in the Medium attractiveness / Low strength cell: Harvest.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Ivanhoe Electric Inc's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
No rule matched.
Weaknesses
- Return on equity 45.7 points below the industry aggregate.
- Latest-quarter revenue run-rate is decelerating (-4.2% annualized vs trailing 12 months).
- Underperforming the U.S.A. 500 over the trailing 12 months.
- Low relative market share vs the industry leader (0.01x).
- Piotroski F-Score of 2 or below, the standard financial-distress signal.
Opportunities
- Industry revenue growing at a healthy 30.1% median pace.
- A meaningful share of competitors (100.00 %) show financial-distress signals, a possible opening to gain share.
Threats
- High capital intensity requires continuous reinvestment just to keep pace with the industry.
Methodology: see Methodology: SWOT Analysis.
Ivanhoe Electric Inc's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Ivanhoe Electric Inc | 3.63 | 3.86 | 0.08 |
| Lithium Corporation | - | 1.09 | - |
Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Ivanhoe Electric Inc's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Ivanhoe Electric Inc | Q2 2026 | -32.2 % | - |
| Lithium Corporation | Q2 2026 | - | - |
| PEERS TOTAL | -32.2 % | - |
Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Ivanhoe Electric Inc's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Ivanhoe Electric Inc | Q2 2026 | +21.1 % | +513.5 % |
| Lithium Corporation | Q2 2026 | - | - |
Ivanhoe Electric Inc's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Ivanhoe Electric Inc | - | - | - |
| Lithium Corporation | - | - | - |
ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Ivanhoe Electric Inc's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Ivanhoe Electric Inc | - | 424.30 |
| Lithium Corporation | - | - |
| PEERS AVERAGE | - | 426.13 |
P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.