CENTERRA GOLD INC (CG.CA) Stock Fundamental Analysis
TSX:CG - Toronto Stock Exchange - CA1520061021 - Common Stock - Currency: CAD
We assign a fundamental rating of 7 out of 10 to CG. CG was compared to 797 industry peers in the Metals & Mining industry. CG has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. CG scores decently on growth, while it is valued quite cheap. This could make an interesting combination. These ratings could make CG a good candidate for value and quality investing.
1. Profitability
1.1 Basic Checks
CG had positive earnings in the past year.
CG had a positive operating cash flow in the past year.
In multiple years CG reported negative net income over the last 5 years.
Of the past 5 years CG 4 years had a positive operating cash flow.
1.2 Ratios
CG's Return On Assets of 1.92% is amongst the best of the industry. CG outperforms 87.20% of its industry peers.
CG's Return On Equity of 2.68% is amongst the best of the industry. CG outperforms 87.83% of its industry peers.
CG's Return On Invested Capital of 8.28% is amongst the best of the industry. CG outperforms 93.60% of its industry peers.
CG had an Average Return On Invested Capital over the past 3 years of 5.20%. This is significantly below the industry average of 12.25%.
The 3 year average ROIC (5.20%) for CG is below the current ROIC(8.28%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.92% | ||
| ROE | 2.68% | ||
| ROIC | 8.28% |
ROA(3y)-1.11%
ROA(5y)-0.91%
ROE(3y)-1.42%
ROE(5y)-1.28%
ROIC(3y)5.2%
ROIC(5y)6.35%
1.3 Margins
CG's Profit Margin of 3.68% is amongst the best of the industry. CG outperforms 90.34% of its industry peers.
CG has a better Operating Margin (18.98%) than 92.10% of its industry peers.
CG's Operating Margin has improved in the last couple of years.
With an excellent Gross Margin value of 29.46%, CG belongs to the best of the industry, outperforming 90.97% of the companies in the same industry.
In the last couple of years the Gross Margin of CG has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.98% | ||
| PM (TTM) | 3.68% | ||
| GM | 29.46% |
OM growth 3Y5.12%
OM growth 5Y14.8%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.36%
GM growth 5Y-1.39%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), CG is destroying value.
The number of shares outstanding for CG has been reduced compared to 1 year ago.
Compared to 5 years ago, CG has less shares outstanding
Compared to 1 year ago, CG has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.10 indicates that CG is not in any danger for bankruptcy at the moment.
CG has a Altman-Z score (3.10) which is comparable to the rest of the industry.
The Debt to FCF ratio of CG is 0.29, which is an excellent value as it means it would take CG, only 0.29 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of CG (0.29) is better than 95.98% of its industry peers.
A Debt/Equity ratio of 0.01 indicates that CG is not too dependend on debt financing.
The Debt to Equity ratio of CG (0.01) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.29 | ||
| Altman-Z | 3.1 |
ROIC/WACC0.95
WACC8.67%
2.3 Liquidity
A Current Ratio of 3.20 indicates that CG has no problem at all paying its short term obligations.
CG's Current ratio of 3.20 is fine compared to the rest of the industry. CG outperforms 66.37% of its industry peers.
CG has a Quick Ratio of 2.49. This indicates that CG is financially healthy and has no problem in meeting its short term obligations.
CG's Quick ratio of 2.49 is fine compared to the rest of the industry. CG outperforms 61.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.2 | ||
| Quick Ratio | 2.49 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 65.12% over the past year.
CG shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.32% yearly.
Looking at the last year, CG shows a small growth in Revenue. The Revenue has grown by 2.88% in the last year.
Measured over the past years, CG shows a decrease in Revenue. The Revenue has been decreasing by -2.46% on average per year.
EPS 1Y (TTM)65.12%
EPS 3Y-2.18%
EPS 5Y3.32%
EPS Q2Q%-13.33%
Revenue 1Y (TTM)2.88%
Revenue growth 3Y10.5%
Revenue growth 5Y-2.46%
Sales Q2Q%-2.06%
3.2 Future
The Earnings Per Share is expected to grow by 8.44% on average over the next years. This is quite good.
The Revenue is expected to grow by 11.75% on average over the next years. This is quite good.
EPS Next Y-10.58%
EPS Next 2Y12.15%
EPS Next 3Y-4.64%
EPS Next 5Y8.44%
Revenue Next Year-6.41%
Revenue Next 2Y0.59%
Revenue Next 3Y6.94%
Revenue Next 5Y11.75%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 10.29, the valuation of CG can be described as very reasonable.
95.11% of the companies in the same industry are more expensive than CG, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of CG to the average of the S&P500 Index (27.30), we can say CG is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 7.93, the valuation of CG can be described as very cheap.
93.73% of the companies in the same industry are more expensive than CG, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of CG to the average of the S&P500 Index (21.76), we can say CG is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.29 | ||
| Fwd PE | 7.93 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CG indicates a rather cheap valuation: CG is cheaper than 98.49% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CG indicates a rather cheap valuation: CG is cheaper than 93.10% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.29 | ||
| EV/EBITDA | 2.61 |
4.3 Compensation for Growth
CG has a very decent profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as CG's earnings are expected to decrease with -4.64% in the coming years.
PEG (NY)N/A
PEG (5Y)3.1
EPS Next 2Y12.15%
EPS Next 3Y-4.64%
5. Dividend
5.1 Amount
CG has a Yearly Dividend Yield of 2.86%. Purely for dividend investing, there may be better candidates out there.
CG's Dividend Yield is rather good when compared to the industry average which is at 14.97. CG pays more dividend than 98.37% of the companies in the same industry.
CG's Dividend Yield is a higher than the S&P500 average which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.86% |
5.2 History
On average, the dividend of CG grows each year by 18.78%, which is quite nice.
CG has been paying a dividend for at least 10 years, so it has a reliable track record.
CG has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)18.78%
Div Incr Years0
Div Non Decr Years4
5.3 Sustainability
96.07% of the earnings are spent on dividend by CG. This is not a sustainable payout ratio.
CG's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP96.07%
EPS Next 2Y12.15%
EPS Next 3Y-4.64%
TSX:CG (7/11/2025, 7:00:00 PM)
9.98
+0.18 (+1.84%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners88.55%
Inst Owner ChangeN/A
Ins Owners0.23%
Ins Owner ChangeN/A
Market Cap2.06B
Analysts77.78
Price Target12.39 (24.15%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.86% |
Yearly Dividend0.28
Dividend Growth(5Y)18.78%
DP96.07%
Div Incr Years0
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)4.86%
Min EPS beat(2)-11.05%
Max EPS beat(2)20.78%
EPS beat(4)2
Avg EPS beat(4)8.08%
Min EPS beat(4)-13.58%
Max EPS beat(4)36.16%
EPS beat(8)5
Avg EPS beat(8)5.25%
EPS beat(12)7
Avg EPS beat(12)-82.54%
EPS beat(16)10
Avg EPS beat(16)-58.22%
Revenue beat(2)1
Avg Revenue beat(2)-3.77%
Min Revenue beat(2)-7.8%
Max Revenue beat(2)0.25%
Revenue beat(4)1
Avg Revenue beat(4)-4.91%
Min Revenue beat(4)-7.8%
Max Revenue beat(4)0.25%
Revenue beat(8)4
Avg Revenue beat(8)1.35%
Revenue beat(12)8
Avg Revenue beat(12)6.63%
Revenue beat(16)11
Avg Revenue beat(16)4.92%
PT rev (1m)0.83%
PT rev (3m)7.14%
EPS NQ rev (1m)20%
EPS NQ rev (3m)56.07%
EPS NY rev (1m)0%
EPS NY rev (3m)23.06%
Revenue NQ rev (1m)7.45%
Revenue NQ rev (3m)4.29%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.29 | ||
| Fwd PE | 7.93 | ||
| P/S | 1.24 | ||
| P/FCF | 22.29 | ||
| P/OCF | 5.83 | ||
| P/B | 0.91 | ||
| P/tB | 0.91 | ||
| EV/EBITDA | 2.61 |
EPS(TTM)0.97
EY9.72%
EPS(NY)1.26
Fwd EY12.61%
FCF(TTM)0.45
FCFY4.49%
OCF(TTM)1.71
OCFY17.14%
SpS8.02
BVpS11.03
TBVpS11.03
PEG (NY)N/A
PEG (5Y)3.1
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.92% | ||
| ROE | 2.68% | ||
| ROCE | 11.5% | ||
| ROIC | 8.28% | ||
| ROICexc | 11.91% | ||
| ROICexgc | 11.91% | ||
| OM | 18.98% | ||
| PM (TTM) | 3.68% | ||
| GM | 29.46% | ||
| FCFM | 5.58% |
ROA(3y)-1.11%
ROA(5y)-0.91%
ROE(3y)-1.42%
ROE(5y)-1.28%
ROIC(3y)5.2%
ROIC(5y)6.35%
ROICexc(3y)7.46%
ROICexc(5y)8.89%
ROICexgc(3y)7.46%
ROICexgc(5y)8.89%
ROCE(3y)7.22%
ROCE(5y)8.82%
ROICexcg growth 3Y20.1%
ROICexcg growth 5Y25.59%
ROICexc growth 3Y20.1%
ROICexc growth 5Y25.59%
OM growth 3Y5.12%
OM growth 5Y14.8%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.36%
GM growth 5Y-1.39%
F-Score6
Asset Turnover0.52
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.29 | ||
| Debt/EBITDA | 0.04 | ||
| Cap/Depr | 157.41% | ||
| Cap/Sales | 15.74% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 73.57% | ||
| Profit Quality | 151.82% | ||
| Current Ratio | 3.2 | ||
| Quick Ratio | 2.49 | ||
| Altman-Z | 3.1 |
F-Score6
WACC8.67%
ROIC/WACC0.95
Cap/Depr(3y)88.77%
Cap/Depr(5y)88.62%
Cap/Sales(3y)10.16%
Cap/Sales(5y)12.01%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)65.12%
EPS 3Y-2.18%
EPS 5Y3.32%
EPS Q2Q%-13.33%
EPS Next Y-10.58%
EPS Next 2Y12.15%
EPS Next 3Y-4.64%
EPS Next 5Y8.44%
Revenue 1Y (TTM)2.88%
Revenue growth 3Y10.5%
Revenue growth 5Y-2.46%
Sales Q2Q%-2.06%
Revenue Next Year-6.41%
Revenue Next 2Y0.59%
Revenue Next 3Y6.94%
Revenue Next 5Y11.75%
EBIT growth 1Y12.74%
EBIT growth 3Y16.16%
EBIT growth 5Y11.98%
EBIT Next Year36.84%
EBIT Next 3Y12.75%
EBIT Next 5Y16.75%
FCF growth 1Y134.07%
FCF growth 3Y-24.51%
FCF growth 5Y25.18%
OCF growth 1Y298.07%
OCF growth 3Y-10.39%
OCF growth 5Y-2.23%