ELDORADO GOLD CORP (EGO) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:EGO - CA2849021035 - Common Stock
28.74 USD
+1.6 (+5.9%)
28.64 USD
-0.1 (-0.35%)
Taking everything into account, EGO scores 6 out of 10 in our fundamental rating. EGO was compared to 153 industry peers in the Metals & Mining industry. EGO scores excellent on profitability, but there are concerns on its financial health. An interesting combination arises when we look at growth and value: EGO is growing strongly while it also seems undervalued.
1. Profitability
1.1 Basic Checks
In the past year EGO was profitable.
EGO had a positive operating cash flow in the past year.
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 (5.73%) than 74.51% of its industry peers.
With a decent Return On Equity value of 9.06%, EGO is doing good in the industry, outperforming 70.59% of the companies in the same industry.
EGO has a Return On Invested Capital of 7.47%. This is in the better half of the industry: EGO outperforms 69.28% of its industry peers.
The Average Return On Invested Capital over the past 3 years for EGO is significantly below the industry average of 13.09%.
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 Profit Margin of 22.14%. This is amongst the best in the industry. EGO outperforms 85.62% 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 90.20% of its industry peers.
EGO's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 45.80%, EGO belongs to the top of the industry, outperforming 81.70% of the companies in the same industry.
In the last couple of years the Gross Margin of EGO has grown nicely.
| 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.
EGO has more shares outstanding than it did 1 year ago.
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
An Altman-Z score of 1.86 indicates that EGO is not a great score, but indicates only limited risk for bankruptcy at the moment.
EGO has a Altman-Z score of 1.86. This is in the lower half of the industry: EGO underperforms 67.32% 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.
Looking at the Debt to Equity ratio, with a value of 0.31, EGO is doing worse than 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.86 |
ROIC/WACC0.92
WACC8.1%
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.
EGO has a Current ratio (2.79) which is in line with its industry peers.
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 62.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.79 | ||
| Quick Ratio | 2.28 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 37.82% 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
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
EGO is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 25.61% yearly.
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 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
Based on the Price/Earnings ratio of 17.52, the valuation of EGO can be described as rather expensive.
Based on the Price/Earnings ratio, EGO is valued cheaper than 84.97% of the companies in the same industry.
When comparing the Price/Earnings ratio of EGO to the average of the S&P500 Index (25.65), we can say EGO is valued slightly cheaper.
EGO is valuated cheaply with a Price/Forward Earnings ratio of 6.68.
Based on the Price/Forward Earnings ratio, EGO is valued cheaply inside the industry as 94.12% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of EGO to the average of the S&P500 Index (34.45), we can say EGO is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.52 | ||
| Fwd PE | 6.68 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, EGO is valued cheaper than 83.66% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 7.68 |
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.
The excellent profitability rating of EGO 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 |
28.74
+1.6 (+5.9%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners81.5%
Inst Owner Change-6.84%
Ins Owners0.38%
Ins Owner ChangeN/A
Market Cap5.84B
Revenue(TTM)1.68B
Net Income(TTM)371.44M
Analysts72.31
Price Target34.75 (20.91%)
Short Float %2.4%
Short Ratio2.14
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)31.69%
PT rev (3m)32.22%
EPS NQ rev (1m)-3.23%
EPS NQ rev (3m)-1.96%
EPS NY rev (1m)3.9%
EPS NY rev (3m)2.74%
Revenue NQ rev (1m)1.89%
Revenue NQ rev (3m)-2.31%
Revenue NY rev (1m)15.75%
Revenue NY rev (3m)19.72%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.52 | ||
| Fwd PE | 6.68 | ||
| P/S | 3.48 | ||
| P/FCF | N/A | ||
| P/OCF | 8.15 | ||
| P/B | 1.42 | ||
| P/tB | 1.46 | ||
| EV/EBITDA | 7.68 |
EPS(TTM)1.64
EY5.71%
EPS(NY)4.3
Fwd EY14.97%
FCF(TTM)-0.23
FCFYN/A
OCF(TTM)3.53
OCFY12.27%
SpS8.25
BVpS20.18
TBVpS19.72
PEG (NY)0.88
PEG (5Y)0.2
Graham Number27.29
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 | 1.86 |
F-Score7
WACC8.1%
ROIC/WACC0.92
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 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 1Y103.97%
EBIT growth 3Y26.11%
EBIT growth 5Y49.86%
EBIT Next Year104.28%
EBIT Next 3Y48.91%
EBIT Next 5Y30.03%
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 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.