15.11 USD
+0.96 (+6.78%)
At close: Feb 3, 2026
15.1408 USD
+0.03 (+0.2%)
After Hours: 2/3/2026, 5:09:17 PM
Taking everything into account, EQX scores 4 out of 10 in our fundamental rating. EQX was compared to 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
- EQX had positive earnings in the past year.
- In the past year EQX had a positive cash flow from operations.
- EQX had positive earnings in 4 of the past 5 years.
- EQX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- With a Return On Assets value of 0.47%, EQX perfoms like the industry average, outperforming 59.24% of the companies in the same industry.
- EQX has a Return On Equity (0.88%) which is comparable to the rest of the industry.
- EQX has a Return On Invested Capital (3.08%) which is in line with its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for EQX is significantly below the industry average of 10.48%.
- 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
- EQX has a Profit Margin of 2.45%. This is in the better half of the industry: EQX outperforms 61.78% of its industry peers.
- In the last couple of years the Profit Margin of EQX has declined.
- EQX's Operating Margin of 18.29% is fine compared to the rest of the industry. EQX outperforms 70.06% of its industry peers.
- In the last couple of years the Operating Margin of EQX has declined.
- The Gross Margin of EQX (40.73%) is better than 77.07% 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
- EQX has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- EQX has more shares outstanding than it did 1 year ago.
- EQX has more shares outstanding than it did 5 years ago.
- EQX has a worse debt/assets ratio than last year.
2.2 Solvency
- Based on the Altman-Z score of 1.80, we must say that EQX is in the distress zone and has some risk of bankruptcy.
- With a Altman-Z score value of 1.80, EQX is not doing good in the industry: 72.61% of the companies in the same industry are doing better.
- 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.
- EQX's Debt to FCF ratio of 12.57 is in line compared to the rest of the industry. EQX outperforms 59.87% of its industry peers.
- EQX has a Debt/Equity ratio of 0.34. This is a healthy value indicating a solid balance between debt and equity.
- EQX has a worse Debt to Equity ratio (0.34) than 66.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 12.57 | ||
| Altman-Z | 1.8 |
ROIC/WACC0.31
WACC10.07%
2.3 Liquidity
- A Current Ratio of 0.94 indicates that EQX may have some problems paying its short term obligations.
- EQX's Current ratio of 0.94 is on the low side compared to the rest of the industry. EQX is outperformed by 85.35% of its industry peers.
- EQX has a Quick Ratio of 0.94. This is a bad value and indicates that EQX is not financially healthy enough and could expect problems in meeting its short term obligations.
- EQX has a worse Quick ratio (0.53) than 89.17% 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.
- The earnings per share for EQX have been decreasing by -18.64% on average. This is quite bad
- The Revenue has grown by 39.14% in the past year. This is a very strong growth!
- The Revenue has been growing by 39.98% on average over the past years. This is a very strong growth!
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
- Based on estimates for the next years, EQX will show a very strong growth in Earnings Per Share. The EPS will grow by 48.07% on average per year.
- 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 Y158.34%
EPS Next 2Y112.14%
EPS Next 3Y84.23%
EPS Next 5Y48.07%
Revenue Next Year69.38%
Revenue Next 2Y47.88%
Revenue Next 3Y35.49%
Revenue Next 5Y15.13%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
- EQX is valuated quite expensively with a Price/Earnings ratio of 38.74.
- EQX's Price/Earnings ratio is a bit cheaper when compared to the industry. EQX is cheaper than 68.15% of the companies in the same industry.
- When comparing the Price/Earnings ratio of EQX to the average of the S&P500 Index (28.41), we can say EQX is valued slightly more expensively.
- Based on the Price/Forward Earnings ratio of 15.99, the valuation of EQX can be described as correct.
- Based on the Price/Forward Earnings ratio, EQX is valued a bit cheaper than the industry average as 70.70% of the companies are valued more expensively.
- The average S&P500 Price/Forward Earnings ratio is at 25.64. EQX is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.74 | ||
| Fwd PE | 15.99 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, EQX is valued a bit cheaper than 61.78% of the companies in the same industry.
- 68.15% of the companies in the same industry are more expensive than EQX, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 71.41 | ||
| EV/EBITDA | 18.91 |
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.
- EQX's earnings are expected to grow with 84.22% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.24
PEG (5Y)N/A
EPS Next 2Y112.14%
EPS Next 3Y84.23%
5. Dividend
5.1 Amount
- No dividends for EQX!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
15.11
+0.96 (+6.78%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)11-05 2025-11-05/amc
Earnings (Next)02-18 2026-02-18/amc
Inst Owners60.9%
Inst Owner Change0.54%
Ins Owners3.82%
Ins Owner ChangeN/A
Market Cap11.86B
Revenue(TTM)1.51B
Net Income(TTM)46.63M
Analysts80
Price Target26.52 (75.51%)
Short Float %N/A
Short RatioN/A
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)13.04%
PT rev (3m)36.84%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.47%
EPS NY rev (1m)7.79%
EPS NY rev (3m)38.24%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)7.88%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.74 | ||
| Fwd PE | 15.99 | ||
| P/S | 6.22 | ||
| P/FCF | 71.41 | ||
| P/OCF | 20.63 | ||
| P/B | 2.24 | ||
| P/tB | 2.24 | ||
| EV/EBITDA | 18.91 |
EPS(TTM)0.39
EY2.58%
EPS(NY)0.95
Fwd EY6.25%
FCF(TTM)0.21
FCFY1.4%
OCF(TTM)0.73
OCFY4.85%
SpS2.43
BVpS6.74
TBVpS6.74
PEG (NY)0.24
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
WACC10.07%
ROIC/WACC0.31
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 Y158.34%
EPS Next 2Y112.14%
EPS Next 3Y84.23%
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 38.74 and the Price/Book (PB) ratio is 2.24.
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 158.34% in the next year.