CENTERRA GOLD INC (CGAU) Stock Fundamental Analysis
NYSE:CGAU - New York Stock Exchange, Inc. - CA1520061021 - Common Stock - Currency: USD
CGAU gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 154 industry peers in the Metals & Mining industry. While CGAU has a great health rating, its profitability is only average at the moment. CGAU is valued quite cheap, while showing a decent growth score. This is a good combination! These ratings could make CGAU a good candidate for value investing.
1. Profitability
1.1 Basic Checks
CGAU had positive earnings in the past year.
In the past year CGAU had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: CGAU reported negative net income in multiple years.
Of the past 5 years CGAU 4 years had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 1.92%, CGAU is doing good in the industry, outperforming 66.23% of the companies in the same industry.
Looking at the Return On Equity, with a value of 2.68%, CGAU is in the better half of the industry, outperforming 64.29% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 9.08%, CGAU belongs to the top of the industry, outperforming 81.82% of the companies in the same industry.
CGAU had an Average Return On Invested Capital over the past 3 years of 5.71%. This is significantly below the industry average of 11.67%.
The last Return On Invested Capital (9.08%) for CGAU is above the 3 year average (5.71%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.92% | ||
| ROE | 2.68% | ||
| ROIC | 9.08% |
ROA(3y)-1.11%
ROA(5y)-0.91%
ROE(3y)-1.42%
ROE(5y)-1.28%
ROIC(3y)5.71%
ROIC(5y)6.97%
1.3 Margins
CGAU has a better Profit Margin (3.68%) than 68.18% of its industry peers.
With a decent Operating Margin value of 18.98%, CGAU is doing good in the industry, outperforming 74.03% of the companies in the same industry.
In the last couple of years the Operating Margin of CGAU has grown nicely.
CGAU has a better Gross Margin (29.46%) than 68.83% of its industry peers.
CGAU's Gross Margin has been stable in the last couple of years.
| 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) just above the Cost of Capital (WACC), CGAU is creating some value.
Compared to 1 year ago, CGAU has less shares outstanding
The number of shares outstanding for CGAU has been reduced compared to 5 years ago.
The debt/assets ratio for CGAU has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.15 indicates that CGAU is not in any danger for bankruptcy at the moment.
CGAU's Altman-Z score of 3.15 is in line compared to the rest of the industry. CGAU outperforms 59.09% of its industry peers.
The Debt to FCF ratio of CGAU is 0.29, which is an excellent value as it means it would take CGAU, only 0.29 years of fcf income to pay off all of its debts.
CGAU has a better Debt to FCF ratio (0.29) than 93.51% of its industry peers.
CGAU 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 CGAU (0.01) is better than 75.97% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.29 | ||
| Altman-Z | 3.15 |
ROIC/WACC1.16
WACC7.85%
2.3 Liquidity
A Current Ratio of 3.20 indicates that CGAU has no problem at all paying its short term obligations.
CGAU's Current ratio of 3.20 is fine compared to the rest of the industry. CGAU outperforms 70.13% of its industry peers.
A Quick Ratio of 2.49 indicates that CGAU has no problem at all paying its short term obligations.
CGAU has a better Quick ratio (2.49) than 68.18% 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.
CGAU shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.32% yearly.
CGAU shows a small growth in Revenue. In the last year, the Revenue has grown by 2.88%.
Measured over the past years, CGAU 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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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.
4. Valuation
4.1 Price/Earnings Ratio
CGAU is valuated reasonably with a Price/Earnings ratio of 10.59.
Based on the Price/Earnings ratio, CGAU is valued cheaper than 94.81% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.45. CGAU is valued rather cheaply when compared to this.
CGAU is valuated reasonably with a Price/Forward Earnings ratio of 8.19.
Based on the Price/Forward Earnings ratio, CGAU is valued cheaply inside the industry as 84.42% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of CGAU to the average of the S&P500 Index (21.90), we can say CGAU is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.59 | ||
| Fwd PE | 8.19 |
4.2 Price Multiples
CGAU's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. CGAU is cheaper than 98.05% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, CGAU is valued a bit cheaper than 79.22% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.4 | ||
| EV/EBITDA | 2.77 |
4.3 Compensation for Growth
CGAU has a very decent profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as CGAU's earnings are expected to decrease with -4.64% in the coming years.
PEG (NY)N/A
PEG (5Y)3.19
EPS Next 2Y12.15%
EPS Next 3Y-4.64%
5. Dividend
5.1 Amount
CGAU has a Yearly Dividend Yield of 2.81%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.98, CGAU pays a better dividend. On top of this CGAU pays more dividend than 88.96% of the companies listed in the same industry.
CGAU's Dividend Yield is comparable with the S&P500 average which is at 2.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.81% |
5.2 History
On average, the dividend of CGAU grows each year by 18.78%, which is quite nice.
CGAU has been paying a dividend for at least 10 years, so it has a reliable track record.
CGAU 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
CGAU pays out 96.07% of its income as dividend. This is not a sustainable payout ratio.
CGAU'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%
7.52
+0.09 (+1.21%)
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 Cap1.58B
Analysts77.78
Price Target9.02 (19.95%)
Short Float %1.84%
Short Ratio4.18
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.81% |
Yearly Dividend0.2
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)7.6%
PT rev (3m)12.57%
EPS NQ rev (1m)0%
EPS NQ rev (3m)27.74%
EPS NY rev (1m)0%
EPS NY rev (3m)8.64%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.94%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.59 | ||
| Fwd PE | 8.19 | ||
| P/S | 1.31 | ||
| P/FCF | 23.4 | ||
| P/OCF | 6.13 | ||
| P/B | 0.95 | ||
| P/tB | 0.95 | ||
| EV/EBITDA | 2.77 |
EPS(TTM)0.71
EY9.44%
EPS(NY)0.92
Fwd EY12.21%
FCF(TTM)0.32
FCFY4.27%
OCF(TTM)1.23
OCFY16.32%
SpS5.76
BVpS7.91
TBVpS7.91
PEG (NY)N/A
PEG (5Y)3.19
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.92% | ||
| ROE | 2.68% | ||
| ROCE | 11.5% | ||
| ROIC | 9.08% | ||
| ROICexc | 13.06% | ||
| ROICexgc | 13.06% | ||
| 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)5.71%
ROIC(5y)6.97%
ROICexc(3y)8.18%
ROICexc(5y)9.75%
ROICexgc(3y)8.18%
ROICexgc(5y)9.75%
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 | 3.15 |
F-Score6
WACC7.85%
ROIC/WACC1.16
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%