ELDORADO GOLD CORP (EGO) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:EGO - CA2849021035 - Common Stock
34.41 USD
+0.07 (+0.2%)
34.93 USD
+0.52 (+1.51%)
Taking everything into account, EGO scores 6 out of 10 in our fundamental rating. EGO was compared to 156 industry peers in the Metals & Mining industry. While EGO belongs to the best of the industry regarding profitability, 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.
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 74.36% of its industry peers.
EGO has a better Return On Equity (9.06%) than 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.
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 Profit Margin of 22.14%. This is amongst the best in the industry. EGO outperforms 85.26% of its industry peers.
EGO's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 39.44%, EGO belongs to the top of the industry, outperforming 89.74% of the companies in the same industry.
EGO's Operating Margin has improved in the last couple of years.
EGO's Gross Margin of 45.80% is amongst the best of the industry. EGO outperforms 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so EGO is destroying value.
The number of shares outstanding for EGO has been increased compared to 1 year ago.
EGO has more shares outstanding than it did 5 years ago.
EGO has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.13 indicates that EGO is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 2.13, EGO is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
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 | 2.13 |
ROIC/WACC0.85
WACC8.77%
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.
A Quick Ratio of 2.28 indicates that EGO has no problem at all paying 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.
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.
The Revenue has grown by 40.85% 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)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.
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 Y16.22%
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
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
With a Price/Earnings ratio of 20.98, EGO is valued on the expensive side.
Compared to the rest of the industry, the Price/Earnings ratio of EGO indicates a rather cheap valuation: EGO is cheaper than 80.13% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 26.43. EGO is valued slightly cheaper when compared to this.
The Price/Forward Earnings ratio is 7.60, which indicates a rather cheap valuation of EGO.
Compared to the rest of the industry, the Price/Forward Earnings ratio of EGO indicates a rather cheap valuation: EGO is cheaper than 91.03% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of EGO to the average of the S&P500 Index (23.66), we can say EGO is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.98 | ||
| Fwd PE | 7.6 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, EGO is valued cheaper than 81.41% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.84 |
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.
A more expensive valuation may be justified as EGO's earnings are expected to grow with 53.27% in the coming years.
PEG (NY)1.29
PEG (5Y)0.23
EPS Next 2Y76.13%
EPS Next 3Y53.27%
5. Dividend
5.1 Amount
EGO does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
34.41
+0.07 (+0.2%)
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 Cap6.91B
Revenue(TTM)1.68B
Net Income(TTM)371.44M
Analysts72.86
Price Target37.3 (8.4%)
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)21.44%
PT rev (3m)43.18%
EPS NQ rev (1m)-2.18%
EPS NQ rev (3m)3.13%
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 | 20.98 | ||
| Fwd PE | 7.6 | ||
| P/S | 4.12 | ||
| P/FCF | N/A | ||
| P/OCF | 9.65 | ||
| P/B | 1.69 | ||
| P/tB | 1.73 | ||
| EV/EBITDA | 8.84 |
EPS(TTM)1.64
EY4.77%
EPS(NY)4.53
Fwd EY13.16%
FCF(TTM)-0.23
FCFYN/A
OCF(TTM)3.57
OCFY10.37%
SpS8.35
BVpS20.41
TBVpS19.95
PEG (NY)1.29
PEG (5Y)0.23
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 | 2.13 |
F-Score7
WACC8.77%
ROIC/WACC0.85
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 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 16.22% in the next year.