14.16 USD
-0.48 (-3.28%)
14.61 USD
+0.45 (+3.18%)
EQX gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 157 industry peers in the Metals & Mining industry. There are concerns on the financial health of EQX while its profitability can be described as average. EQX is growing strongly while it is still valued neutral. This is a good combination!
1. Profitability
1.1 Basic Checks
In the past year EQX was profitable.
In the past year EQX had a positive cash flow from operations.
Of the past 5 years EQX 4 years were profitable.
Each year in the past 5 years EQX had a positive operating cash flow.
1.2 Ratios
EQX has a Return On Assets (0.47%) which is comparable to the rest of the industry.
EQX's Return On Equity of 0.88% is in line compared to the rest of the industry. EQX outperforms 57.96% of its industry peers.
EQX has a Return On Invested Capital of 3.08%. This is comparable to the rest of the industry: EQX outperforms 56.05% of its industry peers.
The Average Return On Invested Capital over the past 3 years for EQX is significantly below the industry average of 10.36%.
The 3 year average ROIC (1.45%) for EQX is below the current ROIC(3.08%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.47% | ||
| ROE | 0.88% | ||
| ROIC | 3.08% |
ROA(3y)0.99%
ROA(5y)3.56%
ROE(3y)2.22%
ROE(5y)5.93%
ROIC(3y)1.45%
ROIC(5y)2.87%
1.3 Margins
Looking at the Profit Margin, with a value of 2.45%, EQX is in the better half of the industry, outperforming 61.78% of the companies in the same industry.
EQX's Profit Margin has declined in the last couple of years.
With a decent Operating Margin value of 18.29%, EQX is doing good in the industry, outperforming 70.06% of the companies in the same industry.
In the last couple of years the Operating Margin of EQX has declined.
The Gross Margin of EQX (40.73%) is better than 76.43% of its industry peers.
EQX's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.29% | ||
| PM (TTM) | 2.45% | ||
| GM | 40.73% |
OM growth 3Y1.42%
OM growth 5Y-4.29%
PM growth 3Y-24.11%
PM growth 5YN/A
GM growth 3Y-4.28%
GM growth 5Y-4.45%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so EQX is destroying value.
The number of shares outstanding for EQX has been increased compared to 1 year ago.
Compared to 5 years ago, EQX has more shares outstanding
Compared to 1 year ago, EQX has a worse debt to assets ratio.
2.2 Solvency
EQX has an Altman-Z score of 1.80. This is a bad value and indicates that EQX is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of EQX (1.80) is worse than 73.25% of its industry peers.
EQX has a debt to FCF ratio of 12.57. This is a negative value and a sign of low solvency as EQX would need 12.57 years to pay back of all of its debts.
The Debt to FCF ratio of EQX (12.57) is comparable to the rest of the industry.
A Debt/Equity ratio of 0.34 indicates that EQX is not too dependend on debt financing.
EQX's Debt to Equity ratio of 0.34 is on the low side compared to the rest of the industry. EQX is outperformed by 65.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 12.57 | ||
| Altman-Z | 1.8 |
ROIC/WACC0.33
WACC9.46%
2.3 Liquidity
A Current Ratio of 0.94 indicates that EQX may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.94, EQX is doing worse than 84.71% of the companies in the same industry.
A Quick Ratio of 0.53 indicates that EQX may have some problems paying its short term obligations.
EQX has a worse Quick ratio (0.53) than 87.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.94 | ||
| Quick Ratio | 0.53 |
3. Growth
3.1 Past
EQX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 680.00%, which is quite impressive.
EQX shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -18.64% yearly.
EQX shows a strong growth in Revenue. In the last year, the Revenue has grown by 39.14%.
EQX shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 39.98% yearly.
EPS 1Y (TTM)680%
EPS 3Y-18.64%
EPS 5YN/A
EPS Q2Q%111.11%
Revenue 1Y (TTM)39.14%
Revenue growth 3Y11.84%
Revenue growth 5Y39.98%
Sales Q2Q%91.18%
3.2 Future
The Earnings Per Share is expected to grow by 48.07% on average over the next years. This is a very strong growth
Based on estimates for the next years, EQX will show a quite strong growth in Revenue. The Revenue will grow by 15.13% on average per year.
EPS Next Y139.67%
EPS Next 2Y121.67%
EPS Next 3Y88.53%
EPS Next 5Y48.07%
Revenue Next Year69.38%
Revenue Next 2Y47.88%
Revenue Next 3Y35.49%
Revenue Next 5Y15.13%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
EQX is valuated quite expensively with a Price/Earnings ratio of 36.31.
Compared to the rest of the industry, the Price/Earnings ratio of EQX indicates a somewhat cheap valuation: EQX is cheaper than 66.24% of the companies listed in the same industry.
EQX's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 27.19.
With a Price/Forward Earnings ratio of 13.72, EQX is valued correctly.
Based on the Price/Forward Earnings ratio, EQX is valued a bit cheaper than 73.89% of the companies in the same industry.
EQX's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.31 | ||
| Fwd PE | 13.72 |
4.2 Price Multiples
60.51% of the companies in the same industry are more expensive than EQX, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of EQX indicates a somewhat cheap valuation: EQX is cheaper than 68.79% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 66.92 | ||
| EV/EBITDA | 18.92 |
4.3 Compensation for Growth
EQX's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
EQX's earnings are expected to grow with 88.53% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.26
PEG (5Y)N/A
EPS Next 2Y121.67%
EPS Next 3Y88.53%
5. Dividend
5.1 Amount
No dividends for EQX!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
14.16
-0.48 (-3.28%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners60.9%
Inst Owner Change0.01%
Ins Owners3.82%
Ins Owner ChangeN/A
Market Cap11.11B
Revenue(TTM)1.51B
Net Income(TTM)46.63M
Analysts80
Price Target23.46 (65.68%)
Short Float %3.13%
Short Ratio2.28
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)261.18%
Min EPS beat(2)-155.58%
Max EPS beat(2)677.94%
EPS beat(4)1
Avg EPS beat(4)119.2%
Min EPS beat(4)-155.58%
Max EPS beat(4)677.94%
EPS beat(8)5
Avg EPS beat(8)146.29%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-5.39%
Min Revenue beat(2)-7.44%
Max Revenue beat(2)-3.34%
Revenue beat(4)1
Avg Revenue beat(4)-3.41%
Min Revenue beat(4)-7.44%
Max Revenue beat(4)0.27%
Revenue beat(8)1
Avg Revenue beat(8)-6.82%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)109.09%
EPS NQ rev (1m)0%
EPS NQ rev (3m)16.95%
EPS NY rev (1m)2.6%
EPS NY rev (3m)28.25%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)4.83%
Revenue NY rev (1m)0.11%
Revenue NY rev (3m)7.88%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.31 | ||
| Fwd PE | 13.72 | ||
| P/S | 5.83 | ||
| P/FCF | 66.92 | ||
| P/OCF | 19.34 | ||
| P/B | 2.1 | ||
| P/tB | 2.1 | ||
| EV/EBITDA | 18.92 |
EPS(TTM)0.39
EY2.75%
EPS(NY)1.03
Fwd EY7.29%
FCF(TTM)0.21
FCFY1.49%
OCF(TTM)0.73
OCFY5.17%
SpS2.43
BVpS6.74
TBVpS6.74
PEG (NY)0.26
PEG (5Y)N/A
Graham Number7.69
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.47% | ||
| ROE | 0.88% | ||
| ROCE | 3.9% | ||
| ROIC | 3.08% | ||
| ROICexc | 3.24% | ||
| ROICexgc | 3.24% | ||
| OM | 18.29% | ||
| PM (TTM) | 2.45% | ||
| GM | 40.73% | ||
| FCFM | 8.71% |
ROA(3y)0.99%
ROA(5y)3.56%
ROE(3y)2.22%
ROE(5y)5.93%
ROIC(3y)1.45%
ROIC(5y)2.87%
ROICexc(3y)1.53%
ROICexc(5y)3.25%
ROICexgc(3y)1.53%
ROICexgc(5y)3.25%
ROCE(3y)1.84%
ROCE(5y)3.63%
ROICexgc growth 3Y-8.65%
ROICexgc growth 5Y-13.76%
ROICexc growth 3Y-8.65%
ROICexc growth 5Y-13.76%
OM growth 3Y1.42%
OM growth 5Y-4.29%
PM growth 3Y-24.11%
PM growth 5YN/A
GM growth 3Y-4.28%
GM growth 5Y-4.45%
F-Score6
Asset Turnover0.19
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 12.57 | ||
| Debt/EBITDA | 2.67 | ||
| Cap/Depr | 125.73% | ||
| Cap/Sales | 21.44% | ||
| Interest Coverage | 2.69 | ||
| Cash Conversion | 85.31% | ||
| Profit Quality | 356.06% | ||
| Current Ratio | 0.94 | ||
| Quick Ratio | 0.53 | ||
| Altman-Z | 1.8 |
F-Score6
WACC9.46%
ROIC/WACC0.33
Cap/Depr(3y)240.75%
Cap/Depr(5y)202.16%
Cap/Sales(3y)44.6%
Cap/Sales(5y)37.26%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)680%
EPS 3Y-18.64%
EPS 5YN/A
EPS Q2Q%111.11%
EPS Next Y139.67%
EPS Next 2Y121.67%
EPS Next 3Y88.53%
EPS Next 5Y48.07%
Revenue 1Y (TTM)39.14%
Revenue growth 3Y11.84%
Revenue growth 5Y39.98%
Sales Q2Q%91.18%
Revenue Next Year69.38%
Revenue Next 2Y47.88%
Revenue Next 3Y35.49%
Revenue Next 5Y15.13%
EBIT growth 1Y772%
EBIT growth 3Y13.43%
EBIT growth 5Y33.98%
EBIT Next Year135.79%
EBIT Next 3Y64.35%
EBIT Next 5Y32.54%
FCF growth 1Y162.24%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y118.53%
OCF growth 3Y5.08%
OCF growth 5Y44.19%
EQUINOX GOLD CORP / EQX FAQ
What is the ChartMill fundamental rating of EQUINOX GOLD CORP (EQX) stock?
ChartMill assigns a fundamental rating of 4 / 10 to EQX.
What is the valuation status for EQX stock?
ChartMill assigns a valuation rating of 5 / 10 to EQUINOX GOLD CORP (EQX). This can be considered as Fairly Valued.
Can you provide the profitability details for EQUINOX GOLD CORP?
EQUINOX GOLD CORP (EQX) has a profitability rating of 5 / 10.
What are the PE and PB ratios of EQUINOX GOLD CORP (EQX) stock?
The Price/Earnings (PE) ratio for EQUINOX GOLD CORP (EQX) is 36.31 and the Price/Book (PB) ratio is 2.1.
Can you provide the expected EPS growth for EQX stock?
The Earnings per Share (EPS) of EQUINOX GOLD CORP (EQX) is expected to grow by 139.67% in the next year.