ELDORADO GOLD CORP (EGO) Stock Fundamental Analysis
USA - NYSE:EGO - CA2849021035 - Common Stock
25.51 USD
+0.42 (+1.67%)
24.74 USD
-0.77 (-3.02%)
We assign a fundamental rating of 6 out of 10 to EGO. EGO was compared to 154 industry peers in the Metals & Mining industry. While EGO has a great profitability rating, there are some minor concerns on its financial health. EGO is growing strongly while it also seems undervalued. 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.
The reported net income has been mixed in the past 5 years: EGO reported negative net income in multiple years.
Each year in the past 5 years EGO had a positive operating cash flow.
1.2 Ratios
EGO has a better Return On Assets (5.50%) than 77.27% of its industry peers.
Looking at the Return On Equity, with a value of 8.20%, EGO is in the better half of the industry, outperforming 73.38% of the companies in the same industry.
EGO has a Return On Invested Capital of 5.89%. This is in the better half of the industry: EGO outperforms 65.58% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for EGO is significantly below the industry average of 12.40%.
The 3 year average ROIC (2.90%) for EGO is below the current ROIC(5.89%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.5% | ||
| ROE | 8.2% | ||
| ROIC | 5.89% |
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
EGO has a Profit Margin of 23.06%. This is amongst the best in the industry. EGO outperforms 89.61% of its industry peers.
EGO's Profit Margin has improved in the last couple of years.
The Operating Margin of EGO (33.97%) is better than 86.36% of its industry peers.
EGO's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 40.37%, EGO is doing good in the industry, outperforming 77.27% of the companies in the same industry.
EGO's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 33.97% | ||
| PM (TTM) | 23.06% | ||
| GM | 40.37% |
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so EGO is destroying value.
EGO has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, EGO has more shares outstanding
Compared to 1 year ago, EGO has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.79, we must say that EGO is in the distress zone and has some risk of bankruptcy.
EGO has a Altman-Z score of 1.79. This is in the lower half of the industry: EGO underperforms 72.08% of its industry peers.
EGO has a debt to FCF ratio of 16.62. This is a negative value and a sign of low solvency as EGO would need 16.62 years to pay back of all of its debts.
EGO has a Debt to FCF ratio (16.62) which is in line with its industry peers.
EGO has a Debt/Equity ratio of 0.24. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of EGO (0.24) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 16.62 | ||
| Altman-Z | 1.79 |
ROIC/WACC0.76
WACC7.79%
2.3 Liquidity
EGO has a Current Ratio of 3.12. This indicates that EGO is financially healthy and has no problem in meeting its short term obligations.
EGO has a Current ratio of 3.12. This is in the better half of the industry: EGO outperforms 63.64% of its industry peers.
A Quick Ratio of 2.53 indicates that EGO has no problem at all paying its short term obligations.
EGO has a Quick ratio of 2.53. This is in the better half of the industry: EGO outperforms 65.58% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.12 | ||
| Quick Ratio | 2.53 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 56.44% over the past year.
The Earnings Per Share has been growing by 89.34% on average over the past years. This is a very strong growth
The Revenue has grown by 42.56% in the past year. This is a very strong growth!
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)56.44%
EPS 3Y31.64%
EPS 5Y89.34%
EPS Q2Q%33.33%
Revenue 1Y (TTM)42.56%
Revenue growth 3Y12.02%
Revenue growth 5Y16.44%
Sales Q2Q%52.02%
3.2 Future
EGO is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 15.26% yearly.
EGO is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 13.20% yearly.
EPS Next Y15.44%
EPS Next 2Y50.99%
EPS Next 3Y34.86%
EPS Next 5Y15.26%
Revenue Next Year11.37%
Revenue Next 2Y34.74%
Revenue Next 3Y16.78%
Revenue Next 5Y13.2%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of 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
EGO is valuated correctly with a Price/Earnings ratio of 16.15.
85.71% of the companies in the same industry are more expensive than EGO, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of EGO to the average of the S&P500 Index (26.19), we can say EGO is valued slightly cheaper.
Based on the Price/Forward Earnings ratio of 7.66, the valuation of EGO can be described as very cheap.
Based on the Price/Forward Earnings ratio, EGO is valued cheaply inside the industry as 92.86% of the companies are valued more expensively.
EGO's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.50.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.15 | ||
| Fwd PE | 7.66 |
4.2 Price Multiples
81.17% of the companies in the same industry are more expensive than EGO, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, EGO is valued a bit cheaper than the industry average as 61.04% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 90.85 | ||
| EV/EBITDA | 8.14 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of EGO may justify a higher PE ratio.
EGO's earnings are expected to grow with 34.86% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.05
PEG (5Y)0.18
EPS Next 2Y50.99%
EPS Next 3Y34.86%
5. Dividend
5.1 Amount
EGO does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
25.51
+0.42 (+1.67%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners81.5%
Inst Owner Change0.24%
Ins Owners0.38%
Ins Owner ChangeN/A
Market Cap5.18B
Revenue(TTM)1.57B
Net Income(TTM)327.44M
Analysts72.31
Price Target26.39 (3.45%)
Short Float %2.02%
Short Ratio1.89
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.89%
Min EPS beat(2)-6.25%
Max EPS beat(2)4.47%
EPS beat(4)3
Avg EPS beat(4)7.62%
Min EPS beat(4)-6.25%
Max EPS beat(4)30.69%
EPS beat(8)7
Avg EPS beat(8)40.84%
EPS beat(12)9
Avg EPS beat(12)38.41%
EPS beat(16)12
Avg EPS beat(16)19.75%
Revenue beat(2)1
Avg Revenue beat(2)1.96%
Min Revenue beat(2)-0.02%
Max Revenue beat(2)3.93%
Revenue beat(4)1
Avg Revenue beat(4)-2.49%
Min Revenue beat(4)-8.86%
Max Revenue beat(4)3.93%
Revenue beat(8)2
Avg Revenue beat(8)-4.75%
Revenue beat(12)2
Avg Revenue beat(12)-6.74%
Revenue beat(16)3
Avg Revenue beat(16)-6.47%
PT rev (1m)1.28%
PT rev (3m)11.73%
EPS NQ rev (1m)0%
EPS NQ rev (3m)3.6%
EPS NY rev (1m)0%
EPS NY rev (3m)5.68%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-0.34%
Revenue NY rev (3m)-3.02%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.15 | ||
| Fwd PE | 7.66 | ||
| P/S | 3.65 | ||
| P/FCF | 90.85 | ||
| P/OCF | 7.53 | ||
| P/B | 1.3 | ||
| P/tB | 1.33 | ||
| EV/EBITDA | 8.14 |
EPS(TTM)1.58
EY6.19%
EPS(NY)3.33
Fwd EY13.05%
FCF(TTM)0.28
FCFY1.1%
OCF(TTM)3.39
OCFY13.29%
SpS6.99
BVpS19.65
TBVpS19.19
PEG (NY)1.05
PEG (5Y)0.18
Graham Number26.43
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.5% | ||
| ROE | 8.2% | ||
| ROCE | 8.8% | ||
| ROIC | 5.89% | ||
| ROICexc | 5.89% | ||
| ROICexgc | 5.99% | ||
| OM | 33.97% | ||
| PM (TTM) | 23.06% | ||
| GM | 40.37% | ||
| FCFM | 4.02% |
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-Score6
Asset Turnover0.24
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 16.62 | ||
| Debt/EBITDA | 1.27 | ||
| Cap/Depr | 242.37% | ||
| Cap/Sales | 44.49% | ||
| Interest Coverage | 24.1 | ||
| Cash Conversion | 92.7% | ||
| Profit Quality | 17.42% | ||
| Current Ratio | 3.12 | ||
| Quick Ratio | 2.53 | ||
| Altman-Z | 1.79 |
F-Score6
WACC7.79%
ROIC/WACC0.76
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)56.44%
EPS 3Y31.64%
EPS 5Y89.34%
EPS Q2Q%33.33%
EPS Next Y15.44%
EPS Next 2Y50.99%
EPS Next 3Y34.86%
EPS Next 5Y15.26%
Revenue 1Y (TTM)42.56%
Revenue growth 3Y12.02%
Revenue growth 5Y16.44%
Sales Q2Q%52.02%
Revenue Next Year11.37%
Revenue Next 2Y34.74%
Revenue Next 3Y16.78%
Revenue Next 5Y13.2%
EBIT growth 1Y137.8%
EBIT growth 3Y26.11%
EBIT growth 5Y49.86%
EBIT Next Year104.28%
EBIT Next 3Y48.91%
EBIT Next 5Y21.52%
FCF growth 1Y160.63%
FCF growth 3Y-13.74%
FCF growth 5YN/A
OCF growth 1Y218.81%
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.
What is the valuation status of ELDORADO GOLD CORP (EGO) stock?
ChartMill assigns a valuation rating of 8 / 10 to ELDORADO GOLD CORP (EGO). This can be considered as Undervalued.
Can you provide the profitability details for ELDORADO GOLD CORP?
ELDORADO GOLD CORP (EGO) has a profitability rating of 7 / 10.
What is the financial health of ELDORADO GOLD CORP (EGO) stock?
The financial health rating of ELDORADO GOLD CORP (EGO) is 4 / 10.
What is the expected EPS growth for ELDORADO GOLD CORP (EGO) stock?
The Earnings per Share (EPS) of ELDORADO GOLD CORP (EGO) is expected to grow by 15.44% in the next year.