CENTERRA GOLD INC (CGAU) Stock Fundamental Analysis
USA - NYSE:CGAU - CA1520061021 - Common Stock
9.24 USD
-0.01 (-0.11%)
9.18 USD
-0.06 (-0.65%)
We assign a fundamental rating of 6 out of 10 to CGAU. CGAU was compared to 156 industry peers in the Metals & Mining industry. CGAU has an excellent financial health rating, but there are some minor concerns on its profitability. CGAU is valued quite cheap, but it does not seem to be growing. With these ratings, CGAU could be worth investigating further for value investing!.
1. Profitability
1.1 Basic Checks
In the past year CGAU was profitable.
CGAU had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: CGAU reported negative net income in multiple years.
CGAU had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
The Return On Assets of CGAU (3.25%) is better than 69.87% of its industry peers.
With a decent Return On Equity value of 4.42%, CGAU is doing good in the industry, outperforming 66.03% of the companies in the same industry.
CGAU has a Return On Invested Capital of 9.23%. This is in the better half of the industry: CGAU outperforms 79.49% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CGAU is significantly below the industry average of 12.92%.
The 3 year average ROIC (5.71%) for CGAU is below the current ROIC(9.23%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.25% | ||
| ROE | 4.42% | ||
| ROIC | 9.23% |
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 Profit Margin of 6.20%. This is in the better half of the industry: CGAU outperforms 73.72% of its industry peers.
CGAU has a Operating Margin of 19.61%. This is in the better half of the industry: CGAU outperforms 72.44% of its industry peers.
In the last couple of years the Operating Margin of CGAU has grown nicely.
Looking at the Gross Margin, with a value of 28.91%, CGAU is in the better half of the industry, outperforming 66.03% of the companies in the same industry.
In the last couple of years the Gross Margin of CGAU has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.61% | ||
| PM (TTM) | 6.2% | ||
| GM | 28.91% |
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
CGAU has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for CGAU has been reduced compared to 1 year ago.
The number of shares outstanding for CGAU has been reduced compared to 5 years ago.
Compared to 1 year ago, CGAU has an improved debt to assets ratio.
2.2 Solvency
CGAU has an Altman-Z score of 3.58. This indicates that CGAU is financially healthy and has little risk of bankruptcy at the moment.
CGAU's Altman-Z score of 3.58 is in line compared to the rest of the industry. CGAU outperforms 59.62% of its industry peers.
CGAU has a debt to FCF ratio of 0.28. This is a very positive value and a sign of high solvency as it would only need 0.28 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.28, CGAU belongs to the top of the industry, outperforming 92.95% of the companies in the same industry.
CGAU has a Debt/Equity ratio of 0.01. This is a healthy value indicating a solid balance between debt and equity.
CGAU's Debt to Equity ratio of 0.01 is fine compared to the rest of the industry. CGAU outperforms 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.28 | ||
| Altman-Z | 3.58 |
ROIC/WACC1.04
WACC8.92%
2.3 Liquidity
A Current Ratio of 3.46 indicates that CGAU has no problem at all paying its short term obligations.
The Current ratio of CGAU (3.46) is better than 67.95% of its industry peers.
CGAU has a Quick Ratio of 2.59. This indicates that CGAU is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 2.59, CGAU is in the better half of the industry, outperforming 68.59% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.46 | ||
| Quick Ratio | 2.59 |
3. Growth
3.1 Past
CGAU shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -15.12%.
CGAU 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, CGAU shows a decrease in Revenue. The Revenue has decreased by -4.55% in the last year.
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)-15.12%
EPS 3Y-2.18%
EPS 5Y3.32%
EPS Q2Q%8.7%
Revenue 1Y (TTM)-4.55%
Revenue growth 3Y10.5%
Revenue growth 5Y-2.46%
Sales Q2Q%2.14%
3.2 Future
The Earnings Per Share is expected to decrease by -39.49% on average over the next years. This is quite bad
Based on estimates for the next years, CGAU will show a small growth in Revenue. The Revenue will grow by 7.75% on average per year.
EPS Next Y27.76%
EPS Next 2Y26.1%
EPS Next 3Y3.74%
EPS Next 5Y-39.49%
Revenue Next Year1.74%
Revenue Next 2Y5.51%
Revenue Next 3Y8.11%
Revenue Next 5Y7.75%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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 12.66, CGAU is valued correctly.
Based on the Price/Earnings ratio, CGAU is valued cheaper than 92.95% of the companies in the same industry.
CGAU is valuated cheaply when we compare the Price/Earnings ratio to 27.27, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 7.96, the valuation of CGAU can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CGAU indicates a rather cheap valuation: CGAU is cheaper than 91.03% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.77. CGAU is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.66 | ||
| Fwd PE | 7.96 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CGAU indicates a rather cheap valuation: CGAU is cheaper than 98.08% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, CGAU is valued a bit cheaper than the industry average as 78.21% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.12 | ||
| EV/EBITDA | 3.84 |
4.3 Compensation for Growth
CGAU's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of CGAU may justify a higher PE ratio.
PEG (NY)0.46
PEG (5Y)3.81
EPS Next 2Y26.1%
EPS Next 3Y3.74%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.20%, CGAU has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.51, CGAU pays a better dividend. On top of this CGAU pays more dividend than 86.54% of the companies listed in the same industry.
CGAU's Dividend Yield is comparable with the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.2% |
5.2 History
The dividend of CGAU is nicely growing with an annual growth rate of 18.78%!
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
56.24% of the earnings are spent on dividend by CGAU. This is a bit on the high side, but may be sustainable.
The Dividend Rate of CGAU has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP56.24%
EPS Next 2Y26.1%
EPS Next 3Y3.74%
9.24
-0.01 (-0.11%)
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 Cap1.87B
Analysts76.67
Price Target9.61 (4%)
Short Float %2.68%
Short Ratio4.59
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.2% |
Yearly Dividend0.2
Dividend Growth(5Y)18.78%
DP56.24%
Div Incr Years0
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)32.25%
Min EPS beat(2)20.78%
Max EPS beat(2)43.71%
EPS beat(4)2
Avg EPS beat(4)9.96%
Min EPS beat(4)-13.58%
Max EPS beat(4)43.71%
EPS beat(8)6
Avg EPS beat(8)14.05%
EPS beat(12)8
Avg EPS beat(12)-9.56%
EPS beat(16)10
Avg EPS beat(16)-58.78%
Revenue beat(2)1
Avg Revenue beat(2)-2.2%
Min Revenue beat(2)-4.65%
Max Revenue beat(2)0.25%
Revenue beat(4)1
Avg Revenue beat(4)-4.57%
Min Revenue beat(4)-7.8%
Max Revenue beat(4)0.25%
Revenue beat(8)3
Avg Revenue beat(8)0.16%
Revenue beat(12)7
Avg Revenue beat(12)5.63%
Revenue beat(16)11
Avg Revenue beat(16)6.47%
PT rev (1m)1.44%
PT rev (3m)7.37%
EPS NQ rev (1m)-17.02%
EPS NQ rev (3m)64.06%
EPS NY rev (1m)42.87%
EPS NY rev (3m)42.87%
Revenue NQ rev (1m)-1.54%
Revenue NQ rev (3m)7.82%
Revenue NY rev (1m)2.63%
Revenue NY rev (3m)8.71%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.66 | ||
| Fwd PE | 7.96 | ||
| P/S | 1.54 | ||
| P/FCF | 27.12 | ||
| P/OCF | 6.67 | ||
| P/B | 1.1 | ||
| P/tB | 1.1 | ||
| EV/EBITDA | 3.84 |
EPS(TTM)0.73
EY7.9%
EPS(NY)1.16
Fwd EY12.56%
FCF(TTM)0.34
FCFY3.69%
OCF(TTM)1.39
OCFY14.99%
SpS6
BVpS8.42
TBVpS8.42
PEG (NY)0.46
PEG (5Y)3.81
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.25% | ||
| ROE | 4.42% | ||
| ROCE | 11.69% | ||
| ROIC | 9.23% | ||
| ROICexc | 12.42% | ||
| ROICexgc | 12.42% | ||
| OM | 19.61% | ||
| PM (TTM) | 6.2% | ||
| GM | 28.91% | ||
| FCFM | 5.68% |
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-Score5
Asset Turnover0.52
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.28 | ||
| Debt/EBITDA | 0.04 | ||
| Cap/Depr | 178.08% | ||
| Cap/Sales | 17.41% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 78.55% | ||
| Profit Quality | 91.52% | ||
| Current Ratio | 3.46 | ||
| Quick Ratio | 2.59 | ||
| Altman-Z | 3.58 |
F-Score5
WACC8.92%
ROIC/WACC1.04
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)-15.12%
EPS 3Y-2.18%
EPS 5Y3.32%
EPS Q2Q%8.7%
EPS Next Y27.76%
EPS Next 2Y26.1%
EPS Next 3Y3.74%
EPS Next 5Y-39.49%
Revenue 1Y (TTM)-4.55%
Revenue growth 3Y10.5%
Revenue growth 5Y-2.46%
Sales Q2Q%2.14%
Revenue Next Year1.74%
Revenue Next 2Y5.51%
Revenue Next 3Y8.11%
Revenue Next 5Y7.75%
EBIT growth 1Y-15.64%
EBIT growth 3Y16.16%
EBIT growth 5Y11.98%
EBIT Next Year36.84%
EBIT Next 3Y12.75%
EBIT Next 5Y3.74%
FCF growth 1Y144.16%
FCF growth 3Y-24.51%
FCF growth 5Y25.18%
OCF growth 1Y400.81%
OCF growth 3Y-10.39%
OCF growth 5Y-2.23%