CENTERRA GOLD INC (CG.CA) Stock Fundamental Analysis
TSX:CG - Toronto Stock Exchange - CA1520061021 - Common Stock - Currency: CAD
Taking everything into account, CG scores 6 out of 10 in our fundamental rating. CG was compared to 818 industry peers in the Metals & Mining industry. While CG has a great health rating, its profitability is only average at the moment. CG may be a bit undervalued, certainly considering the very reasonable score on growth Finally CG also has an excellent dividend rating. These ratings would make CG suitable for value and dividend investing!
1. Profitability
1.1 Basic Checks
In the past year CG was profitable.
In the past year CG had a positive cash flow from operations.
CG had negative earnings in 4 of the past 5 years.
The reported operating cash flow has been mixed in the past 5 years: CG reported negative operating cash flow in multiple years.
1.2 Ratios
CG has a better Return On Assets (4.46%) than 90.23% of its industry peers.
CG has a better Return On Equity (5.97%) than 90.50% of its industry peers.
CG's Return On Invested Capital of 8.25% is amongst the best of the industry. CG outperforms 94.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.46% | ||
| ROE | 5.97% | ||
| ROIC | 8.25% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
CG has a Profit Margin of 8.32%. This is amongst the best in the industry. CG outperforms 92.67% of its industry peers.
CG has a better Operating Margin (18.95%) than 92.54% of its industry peers.
CG's Operating Margin has declined in the last couple of years.
CG has a Gross Margin of 34.86%. This is amongst the best in the industry. CG outperforms 92.81% of its industry peers.
In the last couple of years the Gross Margin of CG has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.95% | ||
| PM (TTM) | 8.32% | ||
| GM | 34.86% |
OM growth 3Y-43.37%
OM growth 5Y-12.27%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-19.92%
GM growth 5Y-5.05%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), CG is destroying value.
There is no outstanding debt for CG. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
An Altman-Z score of 3.07 indicates that CG is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.07, CG is in line with its industry, outperforming 59.70% of the companies in the same industry.
The Debt to FCF ratio of CG is 0.11, which is an excellent value as it means it would take CG, only 0.11 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.11, CG belongs to the top of the industry, outperforming 96.61% 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.
CG has a Debt to Equity ratio of 0.01. This is comparable to the rest of the industry: CG outperforms 44.37% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.11 | ||
| Altman-Z | 3.07 |
ROIC/WACC0.89
WACC9.29%
2.3 Liquidity
A Current Ratio of 3.60 indicates that CG has no problem at all paying its short term obligations.
With a decent Current ratio value of 3.60, CG is doing good in the industry, outperforming 65.40% of the companies in the same industry.
A Quick Ratio of 2.64 indicates that CG has no problem at all paying its short term obligations.
With a decent Quick ratio value of 2.64, CG is doing good in the industry, outperforming 60.11% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.6 | ||
| Quick Ratio | 2.64 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 1725.00% 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.
EPS 1Y (TTM)1725%
EPS 3Y-2.18%
EPS 5Y3.32%
EPS Q2Q%-39.29%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-11.05%
3.2 Future
Based on estimates for the next years, CG will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.99% on average per year.
The Revenue is expected to grow by 2.11% on average over the next years.
EPS Next Y-17.69%
EPS Next 2Y2.61%
EPS Next 3Y-13.95%
EPS Next 5Y8.99%
Revenue Next Year-8.47%
Revenue Next 2Y-2.48%
Revenue Next 3Y1.17%
Revenue Next 5Y2.11%
3.3 Evolution
The EPS 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
CG is valuated reasonably with a Price/Earnings ratio of 8.44.
CG's Price/Earnings ratio is rather cheap when compared to the industry. CG is cheaper than 94.57% of the companies in the same industry.
When comparing the Price/Earnings ratio of CG to the average of the S&P500 Index (29.62), we can say CG is valued rather cheaply.
A Price/Forward Earnings ratio of 10.29 indicates a reasonable valuation of CG.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CG indicates a rather cheap valuation: CG is cheaper than 91.45% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.70, CG is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.44 | ||
| Fwd PE | 10.29 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CG is valued cheaply inside the industry as 99.32% of the companies are valued more expensively.
97.42% of the companies in the same industry are more expensive than CG, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.41 | ||
| EV/EBITDA | 1.88 |
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 -13.95% in the coming years.
PEG (NY)N/A
PEG (5Y)2.54
EPS Next 2Y2.61%
EPS Next 3Y-13.95%
5. Dividend
5.1 Amount
CG has a Yearly Dividend Yield of 2.98%.
Compared to an average industry Dividend Yield of 7.55, CG pays a better dividend. On top of this CG pays more dividend than 97.96% of the companies listed in the same industry.
CG's Dividend Yield is a higher than the S&P500 average which is at 2.27.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.98% |
5.2 History
On average, the dividend of CG grows each year by 6.78%, 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)6.78%
Div Incr Years0
Div Non Decr Years4
5.3 Sustainability
42.41% of the earnings are spent on dividend by CG. This is a bit on the high side, but may be sustainable.
The dividend of CG is growing, but earnings are growing more, so the dividend growth is sustainable.
DP42.41%
EPS Next 2Y2.61%
EPS Next 3Y-13.95%
TSX:CG (2/21/2025, 7:00:00 PM)
8.78
-0.63 (-6.7%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners87.32%
Inst Owner ChangeN/A
Ins Owners0.2%
Ins Owner ChangeN/A
Market Cap1.85B
Analysts78.95
Price Target11.96 (36.22%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.98% |
Yearly Dividend0.18
Dividend Growth(5Y)6.78%
DP42.41%
Div Incr Years0
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)11.29%
Min EPS beat(2)-13.58%
Max EPS beat(2)36.16%
EPS beat(4)3
Avg EPS beat(4)10.02%
Min EPS beat(4)-13.58%
Max EPS beat(4)36.16%
EPS beat(8)5
Avg EPS beat(8)-23.21%
EPS beat(12)7
Avg EPS beat(12)-83.46%
EPS beat(16)10
Avg EPS beat(16)-58.37%
Revenue beat(2)0
Avg Revenue beat(2)-6.04%
Min Revenue beat(2)-6.08%
Max Revenue beat(2)-6.01%
Revenue beat(4)1
Avg Revenue beat(4)2.79%
Min Revenue beat(4)-6.97%
Max Revenue beat(4)30.22%
Revenue beat(8)5
Avg Revenue beat(8)8.73%
Revenue beat(12)9
Avg Revenue beat(12)9.38%
Revenue beat(16)11
Avg Revenue beat(16)6.78%
PT rev (1m)-4.09%
PT rev (3m)-7.27%
EPS NQ rev (1m)-15.5%
EPS NQ rev (3m)8.81%
EPS NY rev (1m)-4.4%
EPS NY rev (3m)-8.35%
Revenue NQ rev (1m)-2.71%
Revenue NQ rev (3m)-2.96%
Revenue NY rev (1m)-0.39%
Revenue NY rev (3m)0.48%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.44 | ||
| Fwd PE | 10.29 | ||
| P/S | 1.04 | ||
| P/FCF | 6.41 | ||
| P/OCF | 3.7 | ||
| P/B | 0.75 | ||
| P/tB | 0.75 | ||
| EV/EBITDA | 1.88 |
EPS(TTM)1.04
EY11.85%
EPS(NY)0.85
Fwd EY9.71%
FCF(TTM)1.37
FCFY15.6%
OCF(TTM)2.37
OCFY27%
SpS8.46
BVpS11.78
TBVpS11.78
PEG (NY)N/A
PEG (5Y)2.54
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.46% | ||
| ROE | 5.97% | ||
| ROCE | 11.46% | ||
| ROIC | 8.25% | ||
| ROICexc | 11.68% | ||
| ROICexgc | 11.68% | ||
| OM | 18.95% | ||
| PM (TTM) | 8.32% | ||
| GM | 34.86% | ||
| FCFM | 16.2% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-43.37%
OM growth 5Y-12.27%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-19.92%
GM growth 5Y-5.05%
F-Score7
Asset Turnover0.54
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.11 | ||
| Debt/EBITDA | 0.04 | ||
| Cap/Depr | 105.58% | ||
| Cap/Sales | 11.84% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 92.93% | ||
| Profit Quality | 194.75% | ||
| Current Ratio | 3.6 | ||
| Quick Ratio | 2.64 | ||
| Altman-Z | 3.07 |
F-Score7
WACC9.29%
ROIC/WACC0.89
Cap/Depr(3y)72.41%
Cap/Depr(5y)87.69%
Cap/Sales(3y)9.2%
Cap/Sales(5y)13.58%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)1725%
EPS 3Y-2.18%
EPS 5Y3.32%
EPS Q2Q%-39.29%
EPS Next Y-17.69%
EPS Next 2Y2.61%
EPS Next 3Y-13.95%
EPS Next 5Y8.99%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-11.05%
Revenue Next Year-8.47%
Revenue Next 2Y-2.48%
Revenue Next 3Y1.17%
Revenue Next 5Y2.11%
EBIT growth 1Y2070.4%
EBIT growth 3Y-50.99%
EBIT growth 5Y-12.81%
EBIT Next Year332.5%
EBIT Next 3Y58.15%
EBIT Next 5Y37.88%
FCF growth 1Y1173.03%
FCF growth 3Y-35.72%
FCF growth 5YN/A
OCF growth 1Y404.01%
OCF growth 3Y-35.84%
OCF growth 5Y2.46%