Labrador Iron Ore Royalty Corp (LIF) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Labrador Iron Ore Royalty Corp stock C$28.10, price C$21.47, upside +30.9%, quality 68 out of 100. Rating: undervalued. Calculated from audited financials with 25 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.
How to read this chart
60‑month range C$18.99 – C$35.48 · fair‑value band C$19.87 – C$38.74 · the C$21.47 price screens below the C$28.10 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 7, 2026.
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Labrador Iron Ore Royalty Corporation, through its subsidiary, Hollinger-Hanna Limited, holds a 15.10% equity interest in Iron Ore Company of Canada that produces and processes iron ores in Canada.
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The company offers standard and low silica acid, low silica fluxed, and direct reduction pellets; iron ore concentrates; and seaborne iron ore pellets. It also operates an iron mine, concentrator, and pellet plant at Labrador City, Newfoundland, and Labrador.
The company was formerly known as Labrador Iron Ore Royalty Income Fund. Labrador Iron Ore Royalty Corporation was incorporated in 2010 and is based in Toronto, Canada.
Stock analysis
Labrador Iron Ore Royalty Corp (LIF) currently trades at C$21.47, while our model-based Fair Value estimate is C$28.10, implying the stock looks roughly 24% undervalued today.
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Valuation
Bull case: the Dividend Discount group reads highest at a median of C$27.43 per share, and 11 of the 25 models we run sit above the C$21.47 price.
Bear case: the Asset-Based group reads lowest at C$4.55, and 14 of the 25 models stay below the price. Data coverage for this calculation is low.
Scenario range: C$19.87 (bear) to C$38.74 (bull), the price of C$21.47 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 68/100 (solid quality), in the Basic Materials sector.
Mixed Growth: Spin-off in 2009: revenue and profit before it include the divested business. Growth is measured afresh from 2009.
Labrador Iron Ore Royalty Corp reported revenue of C$166M in FY2025 versus C$279M in FY2021, a compound −12.2%/yr. Reported net income was C$101M in FY2025, compounding −28.3%/yr from FY2021.
Key figures
Market cap C$1.4B (≈ $1.0B) · P/E ratio 18.7 · P/S ratio 9.11 · EPS (TTM) C$1.15 · Dividend yield 5.8% · Net margin 47.6% · Return on equity 11.1% · Return on assets (EBIT) 24.6% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 76 out of 100 (low confidence).
What moves the price
The share trades about 31% below its 52-week high and 8% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −34% fair-value upside, at 31%, LIF screens cheaper than that median.
Fair Value models
BearC$19.87Fair Value C$28.10BullC$38.74
Price C$21.47 · Upside +30.9%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.55/100
Spin-off in 2009: revenue and profit before it include the divested business. Growth is measured afresh from 2009.
Revenue growth 1 year
−20.1%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−10.6%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−3.9%
Start year 2020 (pandemic). Over 10 years: +5.0% a year
Revenue growth 16 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+4.9%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
−9.2%
Earnings growth per share plus dividend.
Earnings per share, growth per year−15.0%
Dividend (yield on the price)5.8%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.base effect: −15.0% / 2.6%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.95% → 75%
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+5.4%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Canada: IMF forecast 2.1% a year to 2030, 2.6% from 2016 to 2025) that is about +3.2% a year for the price.
News mood ⓘNews mood, the average tone of recent news (75 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Neutral
Recent news coverage is roughly neutral, about typical for how stocks are covered.
Compare Labrador Iron Ore Royalty Corp with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Steel · 410 stocks
Beats the industry median on 1/2 measures
A mixed picture versus its industry peers.
Growth and dividend
Dividend yield (12 months)5.8% · Top 25%
Valuation Multiplesvs Steel median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Labrador Iron Ore Royalty Corp Fair Value". https://www.fairvalue-calculator.com/stock/LIF
Frequently asked questions
Is Labrador Iron Ore Royalty Corp (LIF) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of C$28.10 versus a price of C$21.47, about +31% upside (undervalued).
What is the fair value of LIF?
Our model-based fair value for Labrador Iron Ore Royalty Corp is C$28.10 (as of Nov 7, 2026), built from audited fundamentals. The current price: C$21.47.
What is the quality score of LIF?
Labrador Iron Ore Royalty Corp has a Quality Score of 68/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Labrador Iron Ore Royalty Corp (LIF)?
Our model-based price target is the fair value of C$28.10 (as of Nov 7, 2026) from 25 valuation models. Cautious scenario C$19.87, optimistic scenario C$38.74. It is a calculation from audited fundamentals, not an analyst target.
What is the Labrador Iron Ore Royalty Corp stock forecast for 2026?
Our models put fair value at C$28.10, about +31% upside versus a price of C$21.47 (undervalued). Cautious scenario C$19.87, optimistic scenario C$38.74. The calculation is refreshed regularly with new filings.
What is the revenue of Labrador Iron Ore Royalty Corp (LIF)?
Labrador Iron Ore Royalty Corp reported trailing-twelve-month revenue of about C$150M (latest available figure, as of Nov 7, 2026).
Does Labrador Iron Ore Royalty Corp pay a dividend?
Labrador Iron Ore Royalty Corp currently shows a dividend yield of 5.82% relative to its recent price (as of Nov 7, 2026).
How much is the dividend of Labrador Iron Ore Royalty Corp (LIF) and when is the ex-dividend date?
Labrador Iron Ore Royalty Corp pays a dividend of C$1.25 per share a year, a dividend yield of 5.8%. The last ex-dividend date was Sep 29, 2026. A dividend has been paid every year since at least 2008. The payout ratio is 109% of earnings. Free cash flow covers the dividend 1.21 times. Our assessment: Sustainable. Payout and cash coverage both look sustainable.
What growth is priced into Labrador Iron Ore Royalty Corp (LIF)?
For today's price to be fair in a discounted-cash-flow model, Labrador Iron Ore Royalty Corp would have to grow free cash flow by +5.4 % per year for five years (discount rate 10.4 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew -3.9 % per year. As of Nov 7, 2026.
What discount rate (WACC) does the fair value of LIF use?
Our models discount Labrador Iron Ore Royalty Corp at 10.4 %: a base by market capitalisation (small), damped by beta 0.80, country premium for Canada. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Labrador Iron Ore Royalty Corp that is +5.4 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (10.4 %) and the same formula as our fair value.
How much growth has Labrador Iron Ore Royalty Corp (LIF) delivered so far?
Over the past 5 years revenue at Labrador Iron Ore Royalty Corp grew -3.9 % a year. The price currently implies free-cash-flow growth of +5.4 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Labrador Iron Ore Royalty Corp (LIF) growing?
The median revenue growth in the sector is +9.8 % a year. That is the yardstick for the growth priced into Labrador Iron Ore Royalty Corp (+5.4 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Labrador Iron Ore Royalty Corp (LIF)?
The free-cash-flow yield on the price is 6.83 %: that much free cash flow Labrador Iron Ore Royalty Corp produces per unit of market value. When it exceeds the discount rate of our models (10.4 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Labrador Iron Ore Royalty Corp (LIF)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Labrador Iron Ore Royalty Corp it is C$28.10 per share (as of Nov 7, 2026), against a price of C$21.47. It is the blended result of 25 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Labrador Iron Ore Royalty Corp stock overvalued or undervalued in 2026?
As of Nov 7, 2026, LIF trades below its calculated fair value: price C$21.47, fair value C$28.10, a gap of about +31% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of LIF?
No. The price is what the market pays today (C$21.47); the fair value is what the company's own numbers justify (C$28.10). For Labrador Iron Ore Royalty Corp the two are C$6.63 per share apart. That gap is exactly why we show both numbers side by side.
How much is Labrador Iron Ore Royalty Corp worth?
The market values Labrador Iron Ore Royalty Corp at about C$1.4B (market capitalisation, as of Nov 7, 2026). Per share that is C$21.47; our models calculate a fair value of C$28.10 per share.
What do the bullish and bearish scenarios say about LIF?
Our models span a range for Labrador Iron Ore Royalty Corp: cautious scenario C$19.87, base C$28.10, optimistic C$38.74 per share (as of Nov 7, 2026, price C$21.47). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of LIF?
Labrador Iron Ore Royalty Corp trades at a price-to-earnings ratio of 18.7 (as of Nov 7, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of C$28.10 is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings, FY2025 ex one-offs: 10.8.
How far is LIF from its 52-week high?
Labrador Iron Ore Royalty Corp trades at C$21.47, about 31% below its 52-week high of C$31.19 and 8% above the low of C$19.96 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of C$28.10 is for.
Which stocks are comparable to Labrador Iron Ore Royalty Corp?
From the same area (Basic Materials) we also value Nucor Corporation, ArcelorMittal S.A, Steel Dynamics, Inc, JSW Steel Limited, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Labrador Iron Ore Royalty Corp stock attractive at the current price?
The data as of Nov 7, 2026: price C$21.47, calculated fair value C$28.10 (+31%), Quality Score 68/100, from 25 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of LIF calculated?
We run Labrador Iron Ore Royalty Corp through 25 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of C$28.10 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. Labrador Iron Ore Royalty Corp currently trades 24% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Labrador Iron Ore Royalty Corp (LIF)?
The closing price on Nov 6, 2026 was C$21.47. Our model-based fair value is C$28.10, about +31% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Labrador Iron Ore Royalty Corp right now?
The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid quality (68/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range (C$19.87 to C$38.74) leaves room in how you read the outcome.
Where does the earnings growth of Labrador Iron Ore Royalty Corp (LIF) come from?
Earnings per share at Labrador Iron Ore Royalty Corp grew +7.7 % a year from 2014 to 2025. Broken into its drivers: revenue per share +6.2 %, EBIT margin −0.5 %, tax rate +0.3 %, residual (interest, one-offs) +1.6 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Labrador Iron Ore Royalty Corp
How large is the market capitalisation of Labrador Iron Ore Royalty Corp (LIF)?
The market capitalisation of Labrador Iron Ore Royalty Corp is C$1.4B (≈ $1.0B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Labrador Iron Ore Royalty Corp (LIF)?
The price-to-sales ratio of Labrador Iron Ore Royalty Corp is 9.11 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Labrador Iron Ore Royalty Corp (LIF)?
Earnings per share at Labrador Iron Ore Royalty Corp are C$1.15 (price ÷ EPS = P/E 18.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Labrador Iron Ore Royalty Corp (LIF)?
The dividend yield of Labrador Iron Ore Royalty Corp is 5.8% (payout 109%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Labrador Iron Ore Royalty Corp (LIF)?
The net margin of Labrador Iron Ore Royalty Corp is 47.6% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Labrador Iron Ore Royalty Corp (LIF)?
The return on equity (ROE) of Labrador Iron Ore Royalty Corp is 11.1% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Labrador Iron Ore Royalty Corp (LIF)?
On an EBIT basis the return on assets of Labrador Iron Ore Royalty Corp is 24.6% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Labrador Iron Ore Royalty Corp (LIF)?
The operating margin of Labrador Iron Ore Royalty Corp is 74.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Labrador Iron Ore Royalty Corp (LIF)?
Revenue at Labrador Iron Ore Royalty Corp is growing −7.8% versus a year earlier (3y avg −10.6%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Labrador Iron Ore Royalty Corp (LIF)?
Earnings per share at Labrador Iron Ore Royalty Corp are growing −19.1% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Labrador Iron Ore Royalty Corp (LIF) hold?
Labrador Iron Ore Royalty Corp holds more cash than debt, C$14.6M net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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Nov 7, 2026