ELDORADO GOLD CORP (EGO) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:EGO - CA2849021035 - Common Stock
37.18 USD
+0.35 (+0.95%)
37.39 USD
+0.21 (+0.56%)
We assign a fundamental rating of 6 out of 10 to EGO. EGO was compared to 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
In the past year EGO was profitable.
EGO had a positive operating cash flow in the past year.
In multiple years EGO reported negative net income over the last 5 years.
EGO had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of EGO (5.73%) is better than 73.72% of its industry peers.
With a decent Return On Equity value of 9.06%, EGO is doing good in the industry, outperforming 69.87% of the companies in the same industry.
EGO has a better Return On Invested Capital (7.47%) than 67.95% of its industry peers.
EGO had an Average Return On Invested Capital over the past 3 years of 2.90%. This 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
EGO has a better Profit Margin (22.14%) than 85.26% of its industry peers.
In the last couple of years the Profit Margin of EGO has grown nicely.
EGO's Operating Margin of 39.44% is amongst the best of the industry. EGO outperforms 89.74% of its industry peers.
In the last couple of years the Operating Margin of EGO has grown nicely.
With an excellent Gross Margin value of 45.80%, EGO belongs to the best of the industry, outperforming 80.77% of the companies in the same industry.
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), EGO is destroying value.
Compared to 1 year ago, EGO has more shares outstanding
The number of shares outstanding for EGO has been increased compared to 5 years ago.
EGO has a worse debt/assets ratio than last year.
2.2 Solvency
EGO has an Altman-Z score of 2.25. 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.
EGO's Altman-Z score of 2.25 is on the low side compared to the rest of the industry. EGO is outperformed by 66.03% of its industry peers.
A Debt/Equity ratio of 0.31 indicates that EGO is not too dependend on debt financing.
EGO has a worse Debt to Equity ratio (0.31) than 65.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.25 |
ROIC/WACC0.84
WACC8.94%
2.3 Liquidity
EGO has a Current Ratio of 2.79. This indicates that EGO is financially healthy and has no problem in meeting 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.
A Quick Ratio of 2.28 indicates that EGO has no problem at all paying its short term obligations.
EGO's Quick ratio of 2.28 is fine compared to the rest of the industry. EGO outperforms 62.18% of its industry peers.
| 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.
EGO shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 89.34% yearly.
The Revenue has grown by 40.85% in the past year. This is a very strong growth!
The Revenue has been growing by 16.44% on average over the past years. This is quite good.
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
Based on estimates for the next years, EGO will show a very strong growth in Earnings Per Share. The EPS will grow by 25.50% on average per year.
The Revenue is expected to grow by 13.20% on average over the next years. This is quite good.
EPS Next Y16.22%
EPS Next 2Y76.13%
EPS Next 3Y53.27%
EPS Next 5Y25.5%
Revenue Next Year31.02%
Revenue Next 2Y47.49%
Revenue Next 3Y34.66%
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.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 22.67 indicates a rather expensive valuation of EGO.
Based on the Price/Earnings ratio, EGO is valued cheaply inside the industry as 80.13% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 26.57. EGO is around the same levels.
A Price/Forward Earnings ratio of 8.21 indicates a reasonable valuation of EGO.
91.03% of the companies in the same industry are more expensive than EGO, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 24.04. EGO is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.67 | ||
| Fwd PE | 8.21 |
4.2 Price Multiples
80.13% of the companies in the same industry are more expensive than EGO, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 9.37 |
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)1.4
PEG (5Y)0.25
EPS Next 2Y76.13%
EPS Next 3Y53.27%
5. Dividend
5.1 Amount
No dividends for EGO!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
37.18
+0.35 (+0.95%)
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 Cap7.47B
Revenue(TTM)1.68B
Net Income(TTM)371.44M
Analysts72.86
Price TargetN/A
Short Float %2.73%
Short Ratio2.71
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)22.17%
PT rev (3m)43.18%
EPS NQ rev (1m)8.8%
EPS NQ rev (3m)4.28%
EPS NY rev (1m)-3.1%
EPS NY rev (3m)-0.44%
Revenue NQ rev (1m)11.1%
Revenue NQ rev (3m)7.38%
Revenue NY rev (1m)1.64%
Revenue NY rev (3m)17.25%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.67 | ||
| Fwd PE | 8.21 | ||
| P/S | 4.45 | ||
| P/FCF | N/A | ||
| P/OCF | 10.42 | ||
| P/B | 1.82 | ||
| P/tB | 1.86 | ||
| EV/EBITDA | 9.37 |
EPS(TTM)1.64
EY4.41%
EPS(NY)4.53
Fwd EY12.18%
FCF(TTM)-0.23
FCFYN/A
OCF(TTM)3.57
OCFY9.59%
SpS8.35
BVpS20.41
TBVpS19.95
PEG (NY)1.4
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 | 2.25 |
F-Score7
WACC8.94%
ROIC/WACC0.84
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 Y16.22%
EPS Next 2Y76.13%
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 Year31.02%
Revenue Next 2Y47.49%
Revenue Next 3Y34.66%
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.
What is the valuation status of ELDORADO GOLD CORP (EGO) stock?
ChartMill assigns a valuation rating of 6 / 10 to ELDORADO GOLD CORP (EGO). This can be considered as Fairly Valued.
Can you provide the profitability details for ELDORADO GOLD CORP?
ELDORADO GOLD CORP (EGO) has a profitability rating of 8 / 10.
What is the financial health of ELDORADO GOLD CORP (EGO) stock?
The financial health rating of ELDORADO GOLD CORP (EGO) is 3 / 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 16.22% in the next year.