CCL-B.TO vs. LUN.TO

Last updated Apr 2, 2026

Compare and contrast key facts about CCL Industries Inc (CCL-B.TO) and Lundin Mining Corporation (LUN.TO).

Performance

CCL-B.TO vs. LUN.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in CCL Industries Inc (CCL-B.TO) and Lundin Mining Corporation (LUN.TO). The values are adjusted to include any dividend payments, if applicable.

CCL-B.TO vs. LUN.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CCL-B.TO CCL Industries Inc	1.53%	19.18%	26.04%	4.84%	-13.35%	18.83%	6.04%	11.82%	-13.08%	10.92%
LUN.TO Lundin Mining Corporation	19.23%	141.31%	17.72%	35.67%	-11.74%	-9.34%	49.12%	40.12%	-31.40%	32.67%

Fundamentals

Market Cap CCL-B.TO : CA$15.19B LUN.TO : CA$30.08B
EPS CCL-B.TO : CA$4.58 LUN.TO : CA$1.51
PE Ratio CCL-B.TO : 19.12 LUN.TO : 23.32
PEG Ratio CCL-B.TO : 1.67 LUN.TO : 0.14
PS Ratio CCL-B.TO : 2.00 LUN.TO : 7.85
PB Ratio CCL-B.TO : 2.69 LUN.TO : 4.55
Total Revenue (TTM) CCL-B.TO : CA$7.66B LUN.TO : CA$3.84B
Gross Profit (TTM) CCL-B.TO : CA$2.30B LUN.TO : CA$1.46B
EBITDA (TTM) CCL-B.TO : CA$1.60B LUN.TO : CA$1.72B

Returns By Period

In the year-to-date period, CCL-B.TO achieves a 1.53% return, which is significantly lower than LUN.TO's 19.23% return. Over the past 10 years, CCL-B.TO has underperformed LUN.TO with an annualized return of 7.36%, while LUN.TO has yielded a comparatively higher 27.03% annualized return.

CCL-B.TO

• 1D: 0.57%
• 1M: -6.13%
• YTD: 1.53%
• 6M: 12.98%
• 1Y: 27.74%
• 3Y*: 11.11%
• 5Y*: 6.14%
• 10Y*: 7.36%

LUN.TO

• 1D: 1.30%
• 1M: -15.84%
• YTD: 19.23%
• 6M: 70.18%
• 1Y: 199.25%
• 3Y*: 60.22%
• 5Y*: 25.36%
• 10Y*: 27.03%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

CCL-B.TO vs. LUN.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CCL-B.TO

CCL-B.TO Risk / Return Rank: 77
CCL-B.TO Sharpe Ratio Rank: 78
CCL-B.TO Sortino Ratio Rank: 76
CCL-B.TO Omega Ratio Rank: 73
CCL-B.TO Calmar Ratio Rank: 79
CCL-B.TO Martin Ratio Rank: 79

LUN.TO

LUN.TO Risk / Return Rank: 96
LUN.TO Sharpe Ratio Rank: 98
LUN.TO Sortino Ratio Rank: 95
LUN.TO Omega Ratio Rank: 95
LUN.TO Calmar Ratio Rank: 95
LUN.TO Martin Ratio Rank: 98

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CCL-B.TO vs. LUN.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CCL Industries Inc (CCL-B.TO) and Lundin Mining Corporation (LUN.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	CCL-B.TO	LUN.TO	Difference
Sharpe ratio Return per unit of total volatility	1.21	3.73	-2.53
Sortino ratio Return per unit of downside risk	1.93	3.65	-1.72
Omega ratio Gain probability vs. loss probability	1.24	1.51	-0.27
Calmar ratio Return relative to maximum drawdown	2.32	6.03	-3.71
Martin ratio Return relative to average drawdown	6.10	23.86	-17.76
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CCL-B.TO vs. LUN.TO - Sharpe Ratio Comparison

The current CCL-B.TO Sharpe Ratio is 1.21, which is lower than the LUN.TO Sharpe Ratio of 3.73. The chart below compares the historical Sharpe Ratios of CCL-B.TO and LUN.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CCL-B.TO	LUN.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.21	3.73	-2.53
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.28	0.56	-0.28
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.29	0.59	-0.30
Sharpe Ratio (All Time) Calculated using the full available price history	0.42	0.00	+0.42

Correlation

The correlation between CCL-B.TO and LUN.TO is 0.11, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

CCL-B.TO vs. LUN.TO - Dividend Comparison

CCL-B.TO's dividend yield for the trailing twelve months is around 1.51%, more than LUN.TO's 0.32% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CCL-B.TO CCL Industries Inc	1.51%	1.48%	1.57%	1.78%	1.66%	1.24%	1.25%	1.23%	1.04%	0.79%	0.76%	0.67%
LUN.TO Lundin Mining Corporation	0.32%	0.59%	3.64%	3.32%	5.66%	3.95%	1.42%	1.55%	2.13%	1.44%	0.00%	0.00%

Drawdowns

CCL-B.TO vs. LUN.TO - Drawdown Comparison

The maximum CCL-B.TO drawdown since its inception was -61.52%, smaller than the maximum LUN.TO drawdown of -95.33%. Use the drawdown chart below to compare losses from any high point for CCL-B.TO and LUN.TO.

Drawdown Indicators

	CCL-B.TO	LUN.TO	Difference
Max Drawdown Largest peak-to-trough decline	-61.52%	-95.33%	+33.81%
Max Drawdown (1Y) Largest decline over 1 year	-11.52%	-33.67%	+22.15%
Max Drawdown (5Y) Largest decline over 5 years	-25.60%	-57.61%	+32.01%
Max Drawdown (10Y) Largest decline over 10 years	-48.19%	-57.61%	+9.42%
Current Drawdown Current decline from peak	-7.22%	-20.80%	+13.58%
Average Drawdown Average peak-to-trough decline	-15.74%	-48.47%	+32.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.38%	8.51%	-4.13%

Volatility

CCL-B.TO vs. LUN.TO - Volatility Comparison

The current volatility for CCL Industries Inc (CCL-B.TO) is 6.46%, while Lundin Mining Corporation (LUN.TO) has a volatility of 21.11%. This indicates that CCL-B.TO experiences smaller price fluctuations and is considered to be less risky than LUN.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CCL-B.TO	LUN.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.46%	21.11%	-14.65%
Volatility (6M) Calculated over the trailing 6-month period	17.74%	40.84%	-23.10%
Volatility (1Y) Calculated over the trailing 1-year period	23.14%	53.74%	-30.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.14%	45.39%	-23.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.69%	45.83%	-20.14%

Financials

CCL-B.TO vs. LUN.TO - Profitability Comparison

The chart below illustrates the profitability comparison between CCL Industries Inc and Lundin Mining Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

CCL-B.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, CCL Industries Inc reported a gross profit of 540.80M and revenue of 1.88B. Therefore, the gross margin over that period was 28.8%.

LUN.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Lundin Mining Corporation reported a gross profit of 291.61M and revenue of 989.48M. Therefore, the gross margin over that period was 29.5%.

CCL-B.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, CCL Industries Inc reported an operating income of 262.40M and revenue of 1.88B, resulting in an operating margin of 14.0%.

LUN.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Lundin Mining Corporation reported an operating income of 278.62M and revenue of 989.48M, resulting in an operating margin of 28.2%.

CCL-B.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, CCL Industries Inc reported a net income of 171.10M and revenue of 1.88B, resulting in a net margin of 9.1%.

LUN.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Lundin Mining Corporation reported a net income of 779.09M and revenue of 989.48M, resulting in a net margin of 78.7%.