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IBC Advanced Alloys Corp (TSE:IB)
:IB
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IBC Advanced Alloys
(IB)
Rating:45Neutral
Price Target:
C$0.00
▼(-100.00%Downside)
IBC Advanced Alloys (IB) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$6.06M
Dividend YieldN/A
Average Volume (3M)44.42K
Price to Earnings (P/E)―
Beta (1Y)0.99
Revenue GrowthN/A
EPS GrowthN/A
CountryCA
Employees38
SectorIndustrials
Sector Strength92
IndustryManufacturing - Metal Fabrication
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding114,430,855
10 Day Avg. Volume60,164
30 Day Avg. Volume44,420
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)2.12
Price to Sales (P/S)0.00
P/FCF Ratio1.20
Enterprise Value/Market Cap2.96
Enterprise Value/Revenue0.23
Enterprise Value/Gross Profit13.74
Enterprise Value/Ebitda3.49
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusHold
Number of Analyst Covering1
IBC Advanced Alloys Business Overview & Revenue Model
Company DescriptionIBC Advanced Alloys Corp. develops, produces, and sells specialty alloy products in the United States and internationally. The company operates through Copper Alloys and Engineered Materials segments. It offers various copper alloys as castings and forgings, such as beryllium copper, chrome copper, oxygen-free high conductivity copper, and aluminum bronze in the form of plates, blocks, bars, and rings, as well as specialty copper alloy forgings for industrial welding, oil and gas, plastic mold, metal melting, marine defense, electronic, and industrial equipment markets. The company also provides tooling components for the automotive industry, consumer plastic tooling producers, oil and gas service industry, submarine and aircraft carrier producers and repair facilities, electronics industries, and general equipment manufacturers. In addition, it manufactures and supplies precision-cast beryllium-aluminum components to defense, aerospace, high-tech manufacturing, and other sectors. The company was formerly known as International Beryllium Corporation and changed its name to IBC Advanced Alloys Corp. in March 2009. IBC Advanced Alloys Corp. was incorporated in 2002 and is headquartered in Franklin, Indiana.
How the Company Makes MoneyIBC Advanced Alloys generates revenue through the sale of its advanced alloy products and precision casting services. The company's primary revenue streams include the manufacturing and distribution of beryllium-aluminum alloys and copper-based alloys, which are supplied to clients in industries such as aerospace and defense that require materials with high performance and reliability. Additionally, IBC Advanced Alloys offers precision casting services, contributing to its earnings by providing specialized solutions tailored to the unique needs of its customers. The company may also benefit from strategic partnerships and contracts with major industrial and governmental organizations that seek its expertise in materials engineering and production.
IBC Advanced Alloys Earnings Call Summary
Earnings Call Date:May 29, 2025
(Q2-2025)
| % Change Since: 0.00%|
Next Earnings Date:Nov 03, 2025
Earnings Call Sentiment Neutral
The earnings call highlighted significant growth opportunities in the U.S. Naval defense sector and potential benefits from a federal investigation into copper imports, positioning IBC for future success. However, these positives were tempered by immediate challenges such as a notable revenue decline and financial losses due to the closure of the Engineered Materials division.Q2-2025 Updates
Positive Updates
Expansion and Modernization of Copper Alloys Facility
Completed a $5.7 million expansion and modernization of the copper alloys manufacturing facility in Franklin, Indiana, increasing production space to 83,000 square feet and positioning IBC for future growth.
Growth Opportunities in U.S. Naval Defense
IBC is in discussions with U.S. Navy shipbuilders and defense policy leaders to expand supply of specialized alloys for submarines, with potential for increased business due to aggressive shipbuilding plans.
Potential Benefits from Section 232 Investigation
A Section 232 investigation initiated by President Trump could strengthen competitiveness of U.S. copper producers like IBC, potentially leading to tariffs and quotas that could benefit domestic supply chains.
Negative Updates
Revenue Decline
Revenue dropped to $7.1 million for the 6 months ended December 2024 compared to $12 million in the prior period, primarily due to nonrecurring orders and softer market demand.
Consolidated Loss
IBC reported a $2.6 million loss year-to-date, driven by lower revenue, closing costs of the Engineered Materials division, and higher-than-normal corporate SG&A expenses.
Ongoing Lease Costs for Engineered Materials Division
IBC is continuing to pay lease costs for the closed Engineered Materials division, with the lease set to complete in January 2026, impacting financial performance.
Company Guidance
During the IBC Advanced Alloys Investor Update Webcast, CEO Mark Smith provided detailed guidance on the company's financial performance and strategic outlook. For the six months ended December 31, 2024, the company reported $7.1 million in revenue, down from $12 million in the prior period, largely due to two nonrecurring orders and softer market demand. The company recorded a $2.6 million loss year-to-date, influenced by closure costs at the Engineered Materials division, elevated corporate SG&A expenses, and debt service obligations. However, Smith expressed optimism for future growth, citing the completion of Engineered Materials division closure activities and anticipated recovery in copper market demand. He highlighted IBC's strategic position to capitalize on the U.S. Navy's aggressive shipbuilding plans through expanded supply of copper alloy products, supported by potential policy measures like the Section 232 investigation initiated by President Trump. Smith also emphasized the company's enhanced production capabilities following a $5.7 million expansion of its copper alloys manufacturing facility in Franklin, Indiana, positioning IBC for future growth as market conditions improve.IBC Advanced Alloys Financial Statement Overview
Summary
IBC Advanced Alloys faces profitability challenges with negative net income and high leverage, impacting financial stability. While operating cash flows are positive, inconsistent revenue and profit margins highlight operational inefficiencies. The company must address leverage and profitability to improve its financial health.Income Statement
The company shows inconsistent revenue growth with a decline in TTM. The gross profit margin for TTM is 20.96%, which is moderate, whereas the net profit margin is negative due to net losses, indicating profitability issues. EBIT and EBITDA margins are low, suggesting operational inefficiencies.48
Neutral
Balance Sheet
The balance sheet shows a high debt-to-equity ratio, indicating leverage risk. The equity ratio is low at 14.06%, reflecting limited shareholder equity compared to assets. ROE is negative in TTM, indicating profitability challenges.42
Neutral
Cash Flow
Positive free cash flow in TTM with a strong operating cash flow to net income ratio, indicating solid cash generation relative to income. However, free cash flow growth has been inconsistent over the periods analyzed.55
Neutral
| Breakdown | TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 11.68M | 25.66M | 28.55M | 26.91M | 21.81M | 21.15M |
| Gross Profit | 1.31M | 6.23M | 1.55M | 5.54M | 4.23M | 2.96M |
| EBITDA | -1.66M | 2.71M | -366.00K | 2.01M | 945.00K | 1.31M |
| Net Income | -2.77M | 1.70M | -5.93M | -1.13M | -1.52M | -1.12M |
Balance Sheet | ||||||
| Total Assets | 21.13M | 24.54M | 28.32M | 27.65M | 25.18M | 19.28M |
| Cash, Cash Equivalents and Short-Term Investments | 418.00K | 1.42M | 83.00K | 478.00K | 2.36M | 509.00K |
| Total Debt | 13.36M | 14.30M | 14.88M | 12.96M | 11.13M | 9.08M |
| Total Liabilities | 18.78M | 19.25M | 25.36M | 20.77M | 18.51M | 13.50M |
| Stockholders Equity | 2.35M | 5.29M | 2.96M | 6.88M | 6.67M | 5.78M |
Cash Flow | ||||||
| Free Cash Flow | 4.19M | 4.22M | -1.89M | -3.01M | 603.00K | -2.33M |
| Operating Cash Flow | 4.65M | 4.75M | -1.43M | 1.05M | 3.01M | -2.06M |
| Investing Cash Flow | 10.00K | -530.00K | -459.00K | -3.91M | -2.40M | -270.00K |
| Financing Cash Flow | -5.48M | -3.04M | 1.48M | 1.01M | 1.25M | 2.13M |
IBC Advanced Alloys Technical Analysis
Negative
0.06
Price Trends
0.06
Negative
0.07
Negative
0.08
Negative
Market Momentum
>-0.01
Negative
29.82
Positive
44.44
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:IB, the sentiment is Negative. The current price of 0.06 is above the 20-day moving average (MA) of 0.06, below the 50-day MA of 0.06, and below the 200-day MA of 0.08, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 29.82 is Positive, neither overbought nor oversold. The STOCH value of 44.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:IB.
IBC Advanced Alloys Peers Comparison
Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
81 Outperform | C$221.73M | 4.85 | 29.02% | 0.69% | -19.66% | 15.33% | |
55 Neutral | HK$4.04B | -0.55 | 10.69% | 5.37% | -6.34% | -55.88% | |
53 Neutral | C$12.48M | ― | 78.34% | ― | 81.96% | 42.19% | |
47 Neutral | C$9.98M | ― | -9.88% | ― | 7.33% | 31.77% | |
45 Neutral | C$6.06M | ― | 34.86% | ― | ― | ― | |
36 Underperform | C$9.37M | ― | -336.15% | ― | -58.04% | -71.29% | |
| $6.44M | ― | -7.09% | ― | ― | ― |
* Industrials Sector Average
Performance Comparison
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IBC Advanced Alloys Corporate Events
Private Placements and FinancingBusiness Operations and Strategy
IBC Advanced Alloys Amends Credit Facilities to Enhance Financial Flexibility
Neutral
Jun 10, 2025
IBC Advanced Alloys Corp. has amended its existing credit facilities with its CEO, Mark Smith, extending the maturity dates to December 31, 2025, and increasing the available principal by $452,500. This amendment, which involves a related party transaction, is subject to TSX Venture Exchange approval and reflects the company’s strategic financial management, potentially impacting its operational flexibility and stakeholder relations.
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.