ELDORADO GOLD CORP (EGO) Stock Fundamental Analysis
USA - NYSE:EGO - CA2849021035 - Common Stock
28.89 USD
+0.77 (+2.74%)
29.5 USD
+0.61 (+2.11%)
We assign a fundamental rating of 6 out of 10 to EGO. EGO was compared to 154 industry peers in the Metals & Mining industry. EGO has an excellent profitability rating, but there are concerns on its financial health. EGO has both an excellent growth and valuation score. This means it is growing and it is still cheap. This is a rare combination!
1. Profitability
1.1 Basic Checks
In the past year EGO was profitable.
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.
EGO had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
EGO has a better Return On Assets (5.72%) than 75.97% of its industry peers.
With a decent Return On Equity value of 9.05%, EGO is doing good in the industry, outperforming 72.08% of the companies in the same industry.
EGO's Return On Invested Capital of 7.45% is fine compared to the rest of the industry. EGO outperforms 70.13% 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 12.69%.
The 3 year average ROIC (2.89%) for EGO is below the current ROIC(7.45%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.72% | ||
| ROE | 9.05% | ||
| ROIC | 7.45% |
ROA(3y)-0.29%
ROA(5y)-0.3%
ROE(3y)-0.21%
ROE(5y)-0.31%
ROIC(3y)2.89%
ROIC(5y)3.08%
1.3 Margins
EGO's Profit Margin of 22.12% is amongst the best of the industry. EGO outperforms 87.66% of its industry peers.
In the last couple of years the Profit Margin of EGO has grown nicely.
EGO's Operating Margin of 39.45% is amongst the best of the industry. EGO outperforms 90.91% of its industry peers.
In the last couple of years the Operating Margin of EGO has grown nicely.
EGO has a better Gross Margin (45.80%) than 83.12% of its industry peers.
EGO's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 39.45% | ||
| PM (TTM) | 22.12% | ||
| GM | 45.8% |
OM growth 3Y12.53%
OM growth 5Y28.66%
PM growth 3YN/A
PM growth 5Y10.87%
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
The number of shares outstanding for EGO has been increased compared to 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 1.86. 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 has a worse Altman-Z score (1.86) than 68.18% of its industry peers.
EGO has a Debt/Equity ratio of 0.31. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of EGO (0.31) is worse than 64.94% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.86 |
ROIC/WACC0.96
WACC7.78%
2.3 Liquidity
A Current Ratio of 2.79 indicates that EGO has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 2.79, EGO is in line with its industry, outperforming 55.84% 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.
EGO's Quick ratio of 2.28 is fine compared to the rest of the industry. EGO outperforms 64.29% 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.
Measured over the past years, EGO shows a very strong growth in Earnings Per Share. The EPS has been growing by 89.34% on average per year.
Looking at the last year, EGO shows a very strong growth in Revenue. The Revenue has grown by 40.85%.
Measured over the past years, EGO shows a quite strong growth in Revenue. The Revenue has been growing by 16.44% on average per year.
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 25.61% on average over the next years. This is a very strong growth
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 Y19.94%
EPS Next 2Y71.69%
EPS Next 3Y46.84%
EPS Next 5Y25.61%
Revenue Next Year28.92%
Revenue Next 2Y43.38%
Revenue Next 3Y21.99%
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.
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 17.62 indicates a rather expensive valuation of EGO.
EGO's Price/Earnings ratio is rather cheap when compared to the industry. EGO is cheaper than 85.71% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.34, EGO is valued a bit cheaper.
With a Price/Forward Earnings ratio of 6.71, the valuation of EGO can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of EGO indicates a rather cheap valuation: EGO is cheaper than 94.81% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 34.43. EGO is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.62 | ||
| Fwd PE | 6.71 |
4.2 Price Multiples
85.06% 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 | 7.72 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
EGO has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as EGO's earnings are expected to grow with 46.84% in the coming years.
PEG (NY)0.88
PEG (5Y)0.2
EPS Next 2Y71.69%
EPS Next 3Y46.84%
5. Dividend
5.1 Amount
EGO does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
28.89
+0.77 (+2.74%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners81.5%
Inst Owner Change0.82%
Ins Owners0.38%
Ins Owner ChangeN/A
Market Cap5.87B
Revenue(TTM)1.68B
Net Income(TTM)371.00M
Analysts72.31
Price Target30.72 (6.33%)
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)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)16.42%
PT rev (3m)14.39%
EPS NQ rev (1m)5.43%
EPS NQ rev (3m)8.7%
EPS NY rev (1m)3.9%
EPS NY rev (3m)9.8%
Revenue NQ rev (1m)-3.35%
Revenue NQ rev (3m)-2.31%
Revenue NY rev (1m)15.75%
Revenue NY rev (3m)7.54%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.62 | ||
| Fwd PE | 6.71 | ||
| P/S | 3.5 | ||
| P/FCF | N/A | ||
| P/OCF | 8.19 | ||
| P/B | 1.43 | ||
| P/tB | 1.46 | ||
| EV/EBITDA | 7.72 |
EPS(TTM)1.64
EY5.68%
EPS(NY)4.3
Fwd EY14.9%
FCF(TTM)-0.23
FCFYN/A
OCF(TTM)3.53
OCFY12.21%
SpS8.25
BVpS20.18
TBVpS19.72
PEG (NY)0.88
PEG (5Y)0.2
Graham Number27.29
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.72% | ||
| ROE | 9.05% | ||
| ROCE | 11.16% | ||
| ROIC | 7.45% | ||
| ROICexc | 7.45% | ||
| ROICexgc | 7.56% | ||
| OM | 39.45% | ||
| PM (TTM) | 22.12% | ||
| GM | 45.8% | ||
| FCFM | N/A |
ROA(3y)-0.29%
ROA(5y)-0.3%
ROE(3y)-0.21%
ROE(5y)-0.31%
ROIC(3y)2.89%
ROIC(5y)3.08%
ROICexc(3y)3.41%
ROICexc(5y)3.56%
ROICexgc(3y)3.48%
ROICexgc(5y)3.64%
ROCE(3y)4.33%
ROCE(5y)4.62%
ROICexgc growth 3Y24.23%
ROICexgc growth 5Y48.52%
ROICexc growth 3Y24.27%
ROICexc growth 5Y48.54%
OM growth 3Y12.53%
OM growth 5Y28.66%
PM growth 3YN/A
PM growth 5Y10.87%
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 | 289.02% | ||
| Cap/Sales | 45.49% | ||
| Interest Coverage | 30.08 | ||
| Cash Conversion | 77.45% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.79 | ||
| Quick Ratio | 2.28 | ||
| Altman-Z | 1.86 |
F-Score7
WACC7.78%
ROIC/WACC0.96
Cap/Depr(3y)168.27%
Cap/Depr(5y)144.12%
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 Y19.94%
EPS Next 2Y71.69%
EPS Next 3Y46.84%
EPS Next 5Y25.61%
Revenue 1Y (TTM)40.85%
Revenue growth 3Y12.02%
Revenue growth 5Y16.44%
Sales Q2Q%31.04%
Revenue Next Year28.92%
Revenue Next 2Y43.38%
Revenue Next 3Y21.99%
Revenue Next 5Y13.2%
EBIT growth 1Y104.02%
EBIT growth 3Y26.05%
EBIT growth 5Y49.82%
EBIT Next Year104.28%
EBIT Next 3Y48.91%
EBIT Next 5Y30.03%
FCF growth 1Y-31.67%
FCF growth 3Y-13.48%
FCF growth 5YN/A
OCF growth 1Y124.86%
OCF growth 3Y21.25%
OCF growth 5Y31.26%
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 7 / 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 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 19.94% in the next year.