CENTERRA GOLD INC (CG.CA) Stock Fundamental Analysis

Canada • Toronto Stock Exchange • TSX:CG • CA1520061021

23.69 CAD
+1.15 (+5.1%)
Last: Feb 6, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

7

CG gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 814 industry peers in the Metals & Mining industry. Both the health and profitability get an excellent rating, making CG a very profitable company, without any liquidiy or solvency issues. CG may be a bit undervalued, certainly considering the very reasonable score on growth These ratings would make CG suitable for value investing!


Dividend Valuation Growth Profitability Health

7

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.
  • CG had a positive operating cash flow in 4 of the past 5 years.
CG.CA Yearly Net Income VS EBIT VS OCF VS FCFCG.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M -200M 400M 600M 800M

1.2 Ratios

  • CG's Return On Assets of 12.59% is amongst the best of the industry. CG outperforms 94.72% of its industry peers.
  • Looking at the Return On Equity, with a value of 17.46%, CG belongs to the top of the industry, outperforming 94.59% of the companies in the same industry.
  • CG's Return On Invested Capital of 9.87% is amongst the best of the industry. CG outperforms 93.98% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for CG is significantly below the industry average of 12.04%.
  • The 3 year average ROIC (5.20%) for CG is below the current ROIC(9.87%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 12.59%
ROE 17.46%
ROIC 9.87%
ROA(3y)-1.11%
ROA(5y)-0.91%
ROE(3y)-1.42%
ROE(5y)-1.28%
ROIC(3y)5.2%
ROIC(5y)6.35%
CG.CA Yearly ROA, ROE, ROICCG.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10

1.3 Margins

  • Looking at the Profit Margin, with a value of 26.35%, CG belongs to the top of the industry, outperforming 95.95% of the companies in the same industry.
  • CG has a better Operating Margin (24.73%) than 93.24% of its industry peers.
  • CG's Operating Margin has improved in the last couple of years.
  • CG's Gross Margin of 29.57% is amongst the best of the industry. CG outperforms 90.66% of its industry peers.
  • In the last couple of years the Gross Margin of CG has remained more or less at the same level.
Industry RankSector Rank
OM 24.73%
PM (TTM) 26.35%
GM 29.57%
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%
CG.CA Yearly Profit, Operating, Gross MarginsCG.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40 -40

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ROAROEROICOperating and Profit MarginShow most profitable peers

8

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), CG is creating some value.
  • The number of shares outstanding for CG has been reduced compared to 1 year ago.
  • CG has less shares outstanding than it did 5 years ago.
  • Compared to 1 year ago, CG has an improved debt to assets ratio.
CG.CA Yearly Shares OutstandingCG.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M 250M
CG.CA Yearly Total Debt VS Total AssetsCG.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B

2.2 Solvency

  • An Altman-Z score of 4.45 indicates that CG is not in any danger for bankruptcy at the moment.
  • CG has a Altman-Z score (4.45) which is in line with its industry peers.
  • The Debt to FCF ratio of CG is 0.14, which is an excellent value as it means it would take CG, only 0.14 years of fcf income to pay off all of its debts.
  • With an excellent Debt to FCF ratio value of 0.14, CG belongs to the best of the industry, outperforming 96.44% of the companies in the same industry.
  • CG has a Debt/Equity ratio of 0.01. This is a healthy value indicating a solid balance between debt and equity.
  • The Debt to Equity ratio of CG (0.01) is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.01
Debt/FCF 0.14
Altman-Z 4.45
ROIC/WACC1
WACC9.83%
CG.CA Yearly LT Debt VS Equity VS FCFCG.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M 1B 1.5B 2B

2.3 Liquidity

  • CG has a Current Ratio of 2.89. This indicates that CG is financially healthy and has no problem in meeting its short term obligations.
  • CG has a better Current ratio (2.89) than 61.30% of its industry peers.
  • CG has a Quick Ratio of 2.10. This indicates that CG is financially healthy and has no problem in meeting its short term obligations.
  • CG has a Quick ratio (2.10) which is in line with its industry peers.
Industry RankSector Rank
Current Ratio 2.89
Quick Ratio 2.1
CG.CA Yearly Current Assets VS Current LiabilitesCG.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. Growth

3.1 Past

  • CG shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 3.57%.
  • CG shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.32% yearly.
  • CG shows a small growth in Revenue. In the last year, the Revenue has grown by 2.66%.
  • 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)3.57%
EPS 3Y-2.18%
EPS 5Y3.32%
EPS Q2Q%77.78%
Revenue 1Y (TTM)2.66%
Revenue growth 3Y10.5%
Revenue growth 5Y-2.46%
Sales Q2Q%22%

3.2 Future

  • The Earnings Per Share is expected to grow by 13.59% on average over the next years. This is quite good.
  • The Revenue is expected to grow by 2.44% on average over the next years.
EPS Next Y42.04%
EPS Next 2Y43.82%
EPS Next 3Y28.68%
EPS Next 5Y13.59%
Revenue Next Year10.21%
Revenue Next 2Y11.41%
Revenue Next 3Y9.84%
Revenue Next 5Y2.44%

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.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
CG.CA Yearly Revenue VS EstimatesCG.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 500M 1B 1.5B
CG.CA Yearly EPS VS EstimatesCG.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 0 0.5 1 1.5

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Find the best growth stocksShow best growing peers

8

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 19.91, CG is valued on the expensive side.
  • Based on the Price/Earnings ratio, CG is valued cheaper than 93.12% of the companies in the same industry.
  • CG's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.92.
  • A Price/Forward Earnings ratio of 11.47 indicates a reasonable valuation of CG.
  • 93.00% of the companies in the same industry are more expensive than CG, based on the Price/Forward Earnings ratio.
  • The average S&P500 Price/Forward Earnings ratio is at 27.78. CG is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 19.91
Fwd PE 11.47
CG.CA Price Earnings VS Forward Price EarningsCG.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

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 96.93% of the companies listed in the same industry.
  • 95.33% of the companies in the same industry are more expensive than CG, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 26.85
EV/EBITDA 6.32
CG.CA Per share dataCG.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8 10

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • The decent profitability rating of CG may justify a higher PE ratio.
  • A more expensive valuation may be justified as CG's earnings are expected to grow with 28.68% in the coming years.
PEG (NY)0.47
PEG (5Y)6
EPS Next 2Y43.82%
EPS Next 3Y28.68%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

5

5. Dividend

5.1 Amount

  • CG has a Yearly Dividend Yield of 1.24%. 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 0.40. CG pays more dividend than 97.42% of the companies in the same industry.
  • CG's Dividend Yield is slightly below the S&P500 average, which is at 1.81.
Industry RankSector Rank
Dividend Yield 1.24%

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
CG.CA Yearly Dividends per shareCG.CA Yearly Dividends per shareYearly Dividends per share 2016 2020 2021 2022 2023 2024 2025 0.05 0.1 0.15 0.2 0.25

5.3 Sustainability

  • CG pays out 12.28% of its income as dividend. This is a sustainable payout ratio.
  • The dividend of CG is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP12.28%
EPS Next 2Y43.82%
EPS Next 3Y28.68%
CG.CA Yearly Income VS Free CF VS DividendCG.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M -200M 400M 600M
CG.CA Dividend Payout.CG.CA Dividend Payout, showing the Payout Ratio.CG.CA Dividend Payout.PayoutRetained Earnings

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Find the best dividend stocksShow peers with best dividend

CENTERRA GOLD INC

TSX:CG (2/6/2026, 7:00:00 PM)

23.69

+1.15 (+5.1%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)10-28
Earnings (Next)02-19
Inst Owners95.8%
Inst Owner ChangeN/A
Ins Owners0.26%
Ins Owner ChangeN/A
Market Cap4.78B
Revenue(TTM)1.29B
Net Income(TTM)338.72M
Analysts75.56
Price Target28.92 (22.08%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.24%
Yearly Dividend0.28
Dividend Growth(5Y)18.78%
DP12.28%
Div Incr Years0
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)44.96%
Min EPS beat(2)43.71%
Max EPS beat(2)46.2%
EPS beat(4)3
Avg EPS beat(4)24.91%
Min EPS beat(4)-11.05%
Max EPS beat(4)46.2%
EPS beat(8)6
Avg EPS beat(8)17.47%
EPS beat(12)8
Avg EPS beat(12)-7.17%
EPS beat(16)10
Avg EPS beat(16)-56.37%
Revenue beat(2)1
Avg Revenue beat(2)7.84%
Min Revenue beat(2)-4.65%
Max Revenue beat(2)20.33%
Revenue beat(4)2
Avg Revenue beat(4)2.03%
Min Revenue beat(4)-7.8%
Max Revenue beat(4)20.33%
Revenue beat(8)3
Avg Revenue beat(8)2.41%
Revenue beat(12)7
Avg Revenue beat(12)6.5%
Revenue beat(16)11
Avg Revenue beat(16)7.54%
PT rev (1m)0%
PT rev (3m)27.11%
EPS NQ rev (1m)-11.04%
EPS NQ rev (3m)27.67%
EPS NY rev (1m)-2.74%
EPS NY rev (3m)14.39%
Revenue NQ rev (1m)2.59%
Revenue NQ rev (3m)8.94%
Revenue NY rev (1m)0%
Revenue NY rev (3m)8.49%
Valuation
Industry RankSector Rank
PE 19.91
Fwd PE 11.47
P/S 2.72
P/FCF 26.85
P/OCF 10.32
P/B 1.8
P/tB 1.8
EV/EBITDA 6.32
EPS(TTM)1.19
EY5.02%
EPS(NY)2.07
Fwd EY8.72%
FCF(TTM)0.88
FCFY3.72%
OCF(TTM)2.29
OCFY9.69%
SpS8.72
BVpS13.15
TBVpS13.15
PEG (NY)0.47
PEG (5Y)6
Graham Number18.77
Profitability
Industry RankSector Rank
ROA 12.59%
ROE 17.46%
ROCE 13.7%
ROIC 9.87%
ROICexc 13.07%
ROICexgc 13.07%
OM 24.73%
PM (TTM) 26.35%
GM 29.57%
FCFM 10.12%
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%
ROICexgc growth 3Y20.1%
ROICexgc 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-Score5
Asset Turnover0.48
Health
Industry RankSector Rank
Debt/Equity 0.01
Debt/FCF 0.14
Debt/EBITDA 0.03
Cap/Depr 174.01%
Cap/Sales 16.2%
Interest Coverage 250
Cash Conversion 77.33%
Profit Quality 38.41%
Current Ratio 2.89
Quick Ratio 2.1
Altman-Z 4.45
F-Score5
WACC9.83%
ROIC/WACC1
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)3.57%
EPS 3Y-2.18%
EPS 5Y3.32%
EPS Q2Q%77.78%
EPS Next Y42.04%
EPS Next 2Y43.82%
EPS Next 3Y28.68%
EPS Next 5Y13.59%
Revenue 1Y (TTM)2.66%
Revenue growth 3Y10.5%
Revenue growth 5Y-2.46%
Sales Q2Q%22%
Revenue Next Year10.21%
Revenue Next 2Y11.41%
Revenue Next 3Y9.84%
Revenue Next 5Y2.44%
EBIT growth 1Y33.93%
EBIT growth 3Y16.16%
EBIT growth 5Y11.98%
EBIT Next Year100.52%
EBIT Next 3Y27.08%
EBIT Next 5Y20.08%
FCF growth 1Y446.79%
FCF growth 3Y-24.51%
FCF growth 5Y25.18%
OCF growth 1Y274.53%
OCF growth 3Y-10.39%
OCF growth 5Y-2.23%

CENTERRA GOLD INC / CG.CA FAQ

Can you provide the ChartMill fundamental rating for CENTERRA GOLD INC?

ChartMill assigns a fundamental rating of 7 / 10 to CG.CA.


What is the valuation status for CG stock?

ChartMill assigns a valuation rating of 8 / 10 to CENTERRA GOLD INC (CG.CA). This can be considered as Undervalued.


Can you provide the profitability details for CENTERRA GOLD INC?

CENTERRA GOLD INC (CG.CA) has a profitability rating of 7 / 10.


Can you provide the PE and PB ratios for CG stock?

The Price/Earnings (PE) ratio for CENTERRA GOLD INC (CG.CA) is 19.91 and the Price/Book (PB) ratio is 1.8.


How sustainable is the dividend of CENTERRA GOLD INC (CG.CA) stock?

The dividend rating of CENTERRA GOLD INC (CG.CA) is 5 / 10 and the dividend payout ratio is 12.28%.