ELDORADO GOLD CORP (EGO) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:EGO - CA2849021035 - Common Stock
35.92 USD
-0.21 (-0.58%)
35.951 USD
+0.03 (+0.09%)
EGO gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 156 industry peers in the Metals & Mining industry. EGO scores excellent on profitability, but there are concerns on its financial health. EGO is not overvalued while it is showing excellent growth. This is an interesting combination.
1. Profitability
1.1 Basic Checks
EGO had positive earnings in the past year.
In the past year EGO had a positive cash flow from operations.
In multiple years EGO reported negative net income over the last 5 years.
In the past 5 years EGO always reported a positive cash flow from operatings.
1.2 Ratios
With a decent Return On Assets value of 5.73%, EGO is doing good in the industry, outperforming 73.72% of the companies in the same industry.
EGO's Return On Equity of 9.06% is fine compared to the rest of the industry. EGO outperforms 69.87% of its industry peers.
Looking at the Return On Invested Capital, with a value of 7.47%, EGO is in the better half of the industry, outperforming 67.95% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for EGO is significantly below the industry average of 13.25%.
The 3 year average ROIC (2.90%) for EGO is below the current ROIC(7.47%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.73% | ||
| ROE | 9.06% | ||
| ROIC | 7.47% |
ROA(3y)-0.29%
ROA(5y)-0.3%
ROE(3y)-0.22%
ROE(5y)-0.31%
ROIC(3y)2.9%
ROIC(5y)3.1%
1.3 Margins
The Profit Margin of EGO (22.14%) is better than 85.26% of its industry peers.
EGO's Profit Margin has improved in the last couple of years.
The Operating Margin of EGO (39.44%) is better than 89.74% of its industry peers.
EGO's Operating Margin has improved in the last couple of years.
EGO has a better Gross Margin (45.80%) than 80.77% of its industry peers.
EGO's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 39.44% | ||
| PM (TTM) | 22.14% | ||
| GM | 45.8% |
OM growth 3Y12.58%
OM growth 5Y28.7%
PM growth 3YN/A
PM growth 5Y10.88%
GM growth 3Y7.51%
GM growth 5Y12.76%
2. Health
2.1 Basic Checks
EGO has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, EGO has more shares outstanding
EGO has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, EGO has a worse debt to assets ratio.
2.2 Solvency
EGO has an Altman-Z score of 2.21. This is not the best score and indicates that EGO is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of EGO (2.21) is worse than 67.31% of its industry peers.
A Debt/Equity ratio of 0.31 indicates that EGO is not too dependend on debt financing.
EGO's Debt to Equity ratio of 0.31 is on the low side compared to the rest of the industry. EGO is outperformed by 65.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.21 |
ROIC/WACC0.83
WACC8.95%
2.3 Liquidity
A Current Ratio of 2.79 indicates that EGO has no problem at all paying its short term obligations.
With a Current ratio value of 2.79, EGO perfoms like the industry average, outperforming 56.41% of the companies in the same industry.
EGO has a Quick Ratio of 2.28. This indicates that EGO is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 2.28, EGO is in the better half of the industry, outperforming 62.18% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.79 | ||
| Quick Ratio | 2.28 |
3. Growth
3.1 Past
EGO shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 37.82%, which is quite impressive.
The Earnings Per Share has been growing by 89.34% on average over the past years. This is a very strong growth
EGO shows a strong growth in Revenue. In the last year, the Revenue has grown by 40.85%.
EGO shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 16.44% yearly.
EPS 1Y (TTM)37.82%
EPS 3Y31.64%
EPS 5Y89.34%
EPS Q2Q%17.14%
Revenue 1Y (TTM)40.85%
Revenue growth 3Y12.02%
Revenue growth 5Y16.44%
Sales Q2Q%31.04%
3.2 Future
The Earnings Per Share is expected to grow by 25.50% on average over the next years. This is a very strong growth
Based on estimates for the next years, EGO will show a quite strong growth in Revenue. The Revenue will grow by 13.20% on average per year.
EPS Next Y16.45%
EPS Next 2Y75.91%
EPS Next 3Y53.27%
EPS Next 5Y25.5%
Revenue Next Year31.55%
Revenue Next 2Y47.62%
Revenue Next 3Y34.87%
Revenue Next 5Y13.2%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past 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 stable.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 21.90, the valuation of EGO can be described as rather expensive.
Based on the Price/Earnings ratio, EGO is valued cheaply inside the industry as 81.41% of the companies are valued more expensively.
EGO is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.51, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 7.95 indicates a rather cheap valuation of EGO.
EGO's Price/Forward Earnings ratio is rather cheap when compared to the industry. EGO is cheaper than 90.38% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of EGO to the average of the S&P500 Index (23.13), we can say EGO is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.9 | ||
| Fwd PE | 7.95 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of EGO indicates a rather cheap valuation: EGO is cheaper than 80.77% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 9.22 |
4.3 Compensation for Growth
EGO's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The excellent profitability rating of EGO may justify a higher PE ratio.
EGO's earnings are expected to grow with 53.27% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.33
PEG (5Y)0.25
EPS Next 2Y75.91%
EPS Next 3Y53.27%
5. Dividend
5.1 Amount
No dividends for EGO!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
35.92
-0.21 (-0.58%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners79.87%
Inst Owner Change-6.84%
Ins Owners0.38%
Ins Owner ChangeN/A
Market Cap7.22B
Revenue(TTM)1.68B
Net Income(TTM)371.44M
Analysts72.86
Price Target38.52 (7.24%)
Short Float %3.14%
Short Ratio3.54
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-12.16%
Min EPS beat(2)-15.08%
Max EPS beat(2)-9.24%
EPS beat(4)1
Avg EPS beat(4)-6.52%
Min EPS beat(4)-15.08%
Max EPS beat(4)4.47%
EPS beat(8)5
Avg EPS beat(8)15.35%
EPS beat(12)9
Avg EPS beat(12)49.71%
EPS beat(16)10
Avg EPS beat(16)15.74%
Revenue beat(2)2
Avg Revenue beat(2)4.66%
Min Revenue beat(2)0.11%
Max Revenue beat(2)9.21%
Revenue beat(4)3
Avg Revenue beat(4)3.31%
Min Revenue beat(4)-0.02%
Max Revenue beat(4)9.21%
Revenue beat(8)4
Avg Revenue beat(8)-0.97%
Revenue beat(12)4
Avg Revenue beat(12)-2.61%
Revenue beat(16)5
Avg Revenue beat(16)-5.38%
PT rev (1m)10.85%
PT rev (3m)47.85%
EPS NQ rev (1m)8.8%
EPS NQ rev (3m)4.28%
EPS NY rev (1m)-2.91%
EPS NY rev (3m)0.87%
Revenue NQ rev (1m)8.64%
Revenue NQ rev (3m)5%
Revenue NY rev (1m)2.04%
Revenue NY rev (3m)17.72%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.9 | ||
| Fwd PE | 7.95 | ||
| P/S | 4.3 | ||
| P/FCF | N/A | ||
| P/OCF | 10.07 | ||
| P/B | 1.76 | ||
| P/tB | 1.8 | ||
| EV/EBITDA | 9.22 |
EPS(TTM)1.64
EY4.57%
EPS(NY)4.52
Fwd EY12.58%
FCF(TTM)-0.23
FCFYN/A
OCF(TTM)3.57
OCFY9.93%
SpS8.35
BVpS20.41
TBVpS19.95
PEG (NY)1.33
PEG (5Y)0.25
Graham Number27.44
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.73% | ||
| ROE | 9.06% | ||
| ROCE | 11.16% | ||
| ROIC | 7.47% | ||
| ROICexc | 7.47% | ||
| ROICexgc | 7.59% | ||
| OM | 39.44% | ||
| PM (TTM) | 22.14% | ||
| GM | 45.8% | ||
| FCFM | N/A |
ROA(3y)-0.29%
ROA(5y)-0.3%
ROE(3y)-0.22%
ROE(5y)-0.31%
ROIC(3y)2.9%
ROIC(5y)3.1%
ROICexc(3y)3.42%
ROICexc(5y)3.57%
ROICexgc(3y)3.5%
ROICexgc(5y)3.65%
ROCE(3y)4.33%
ROCE(5y)4.63%
ROICexgc growth 3Y24.28%
ROICexgc growth 5Y48.55%
ROICexc growth 3Y24.32%
ROICexc growth 5Y48.58%
OM growth 3Y12.58%
OM growth 5Y28.7%
PM growth 3YN/A
PM growth 5Y10.88%
GM growth 3Y7.51%
GM growth 5Y12.76%
F-Score7
Asset Turnover0.26
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 1.37 | ||
| Cap/Depr | 288.69% | ||
| Cap/Sales | 45.5% | ||
| Interest Coverage | 30.63 | ||
| Cash Conversion | 77.41% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.79 | ||
| Quick Ratio | 2.28 | ||
| Altman-Z | 2.21 |
F-Score7
WACC8.95%
ROIC/WACC0.83
Cap/Depr(3y)168.21%
Cap/Depr(5y)144.08%
Cap/Sales(3y)39.34%
Cap/Sales(5y)33.32%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)37.82%
EPS 3Y31.64%
EPS 5Y89.34%
EPS Q2Q%17.14%
EPS Next Y16.45%
EPS Next 2Y75.91%
EPS Next 3Y53.27%
EPS Next 5Y25.5%
Revenue 1Y (TTM)40.85%
Revenue growth 3Y12.02%
Revenue growth 5Y16.44%
Sales Q2Q%31.04%
Revenue Next Year31.55%
Revenue Next 2Y47.62%
Revenue Next 3Y34.87%
Revenue Next 5Y13.2%
EBIT growth 1Y103.97%
EBIT growth 3Y26.11%
EBIT growth 5Y49.86%
EBIT Next Year105.17%
EBIT Next 3Y65.64%
EBIT Next 5Y29.98%
FCF growth 1Y-32.87%
FCF growth 3Y-13.74%
FCF growth 5YN/A
OCF growth 1Y124.8%
OCF growth 3Y21.23%
OCF growth 5Y31.25%
ELDORADO GOLD CORP / EGO FAQ
What is the fundamental rating for EGO stock?
ChartMill assigns a fundamental rating of 6 / 10 to EGO.
Can you provide the valuation status for ELDORADO GOLD CORP?
ChartMill assigns a valuation rating of 6 / 10 to ELDORADO GOLD CORP (EGO). This can be considered as Fairly Valued.
How profitable is ELDORADO GOLD CORP (EGO) stock?
ELDORADO GOLD CORP (EGO) has a profitability rating of 8 / 10.
Can you provide the expected EPS growth for EGO stock?
The Earnings per Share (EPS) of ELDORADO GOLD CORP (EGO) is expected to grow by 16.45% in the next year.
Is the dividend of ELDORADO GOLD CORP sustainable?
The dividend rating of ELDORADO GOLD CORP (EGO) is 0 / 10 and the dividend payout ratio is 0%.