ELDORADO GOLD CORP (EGO) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:EGO - CA2849021035 - Common Stock
36.83 USD
-0.56 (-1.5%)
36.83 USD
0 (0%)
EGO gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 156 industry peers in the Metals & Mining industry. While EGO has a great profitability rating, there are quite some concerns on its financial health. EGO is growing strongly while it is still valued neutral. This is a good 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.
The reported net income has been mixed in the past 5 years: EGO reported negative net income in multiple years.
In the past 5 years EGO always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 5.73%, EGO is in the better half of the industry, outperforming 73.72% of the companies in the same industry.
EGO has a Return On Equity of 9.06%. This is in the better half of the industry: EGO outperforms 69.87% of its industry peers.
The Return On Invested Capital of EGO (7.47%) is better than 67.95% 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 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
Looking at the Profit Margin, with a value of 22.14%, EGO belongs to the top of the industry, outperforming 85.26% of the companies in the same industry.
EGO's Profit Margin has improved in the last couple of years.
EGO has a better Operating Margin (39.44%) than 89.74% of its industry peers.
EGO's Operating Margin has improved in the last couple of years.
EGO has a Gross Margin of 45.80%. This is amongst the best in 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.
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.
The debt/assets ratio for EGO is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.25 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 2.25. This is in the lower half of the industry: EGO underperforms 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.
EGO has a Current ratio (2.79) which is comparable to the rest of the 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 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
With a Price/Earnings ratio of 22.46, 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.
EGO's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.59.
Based on the Price/Forward Earnings ratio of 8.13, the valuation of EGO can be described as reasonable.
Based on the Price/Forward Earnings ratio, EGO is valued cheaper than 91.03% of the companies in the same industry.
EGO's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 24.03.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.46 | ||
| Fwd PE | 8.13 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of EGO indicates a rather cheap valuation: EGO is cheaper than 80.13% of the companies listed in the same industry.
| 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.
A more expensive valuation may be justified as EGO's earnings are expected to grow with 53.27% in the coming years.
PEG (NY)1.38
PEG (5Y)0.25
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% |
36.83
-0.56 (-1.5%)
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 Cap7.40B
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 | 22.46 | ||
| Fwd PE | 8.13 | ||
| P/S | 4.41 | ||
| P/FCF | N/A | ||
| P/OCF | 10.32 | ||
| P/B | 1.8 | ||
| P/tB | 1.85 | ||
| EV/EBITDA | 9.37 |
EPS(TTM)1.64
EY4.45%
EPS(NY)4.53
Fwd EY12.3%
FCF(TTM)-0.23
FCFYN/A
OCF(TTM)3.57
OCFY9.69%
SpS8.35
BVpS20.41
TBVpS19.95
PEG (NY)1.38
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.