13.92 USD
-0.03 (-0.22%)
13.92 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to EQX. EQX was compared to 155 industry peers in the Metals & Mining industry. While EQX is still in line with the averages on profitability rating, there are concerns on its financial health. EQX is not priced too expensively while it is growing strongly. Keep and eye on this one!
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.
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
EQX has a Return On Assets of 0.47%. This is comparable to the rest of the industry: EQX outperforms 56.13% of its industry peers.
EQX's Return On Equity of 0.88% is in line compared to the rest of the industry. EQX outperforms 56.77% of its industry peers.
With a Return On Invested Capital value of 3.08%, EQX perfoms like the industry average, outperforming 56.13% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for EQX is significantly below the industry average of 13.15%.
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 62.58% of the companies in the same industry.
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 70.32% of its industry peers.
In the last couple of years the Operating Margin of EQX has declined.
EQX has a Gross Margin of 40.73%. This is in the better half of the industry: EQX outperforms 76.13% of its industry peers.
In the last couple of years the Gross Margin of EQX has declined.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), EQX is destroying value.
Compared to 1 year ago, EQX has more shares outstanding
EQX has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, EQX has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.78, we must say that EQX is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.78, EQX is doing worse than 72.90% of the companies in the same industry.
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 has a Debt to FCF ratio (12.57) which is comparable to the rest of the industry.
EQX has a Debt/Equity ratio of 0.34. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.34, EQX is doing worse than 68.39% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 12.57 | ||
| Altman-Z | 1.78 |
ROIC/WACC0.32
WACC9.63%
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 86.45% 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.
Looking at the Quick ratio, with a value of 0.53, EQX is doing worse than 89.68% of the companies in the same industry.
| 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.
Measured over the past years, EQX shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -18.64% on average per year.
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
EQX is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 48.27% yearly.
Based on estimates for the next years, EQX will show a quite strong growth in Revenue. The Revenue will grow by 14.92% on average per year.
EPS Next Y133.6%
EPS Next 2Y154.27%
EPS Next 3Y105.17%
EPS Next 5Y48.27%
Revenue Next Year69.19%
Revenue Next 2Y64.58%
Revenue Next 3Y40.57%
Revenue Next 5Y14.92%
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
Based on the Price/Earnings ratio of 35.69, the valuation of EQX can be described as expensive.
EQX's Price/Earnings ratio is a bit cheaper when compared to the industry. EQX is cheaper than 65.16% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.49. EQX is valued slightly more expensive when compared to this.
A Price/Forward Earnings ratio of 10.25 indicates a reasonable valuation of EQX.
80.00% of the companies in the same industry are more expensive than EQX, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of EQX to the average of the S&P500 Index (23.69), we can say EQX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.69 | ||
| Fwd PE | 10.25 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as EQX.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of EQX indicates a somewhat cheap valuation: EQX is cheaper than 64.52% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 65.79 | ||
| EV/EBITDA | 18.64 |
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 105.17% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.27
PEG (5Y)N/A
EPS Next 2Y154.27%
EPS Next 3Y105.17%
5. Dividend
5.1 Amount
No dividends for EQX!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
13.92
-0.03 (-0.22%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners61.03%
Inst Owner Change-11.75%
Ins Owners3.83%
Ins Owner ChangeN/A
Market Cap10.92B
Revenue(TTM)1.51B
Net Income(TTM)46.63M
Analysts80
Price Target23.46 (68.53%)
Short Float %3.69%
Short Ratio2.18
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)21.05%
PT rev (3m)109.09%
EPS NQ rev (1m)1.47%
EPS NQ rev (3m)6.15%
EPS NY rev (1m)31.87%
EPS NY rev (3m)25.08%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)4.83%
Revenue NY rev (1m)5.49%
Revenue NY rev (3m)7.89%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.69 | ||
| Fwd PE | 10.25 | ||
| P/S | 5.73 | ||
| P/FCF | 65.79 | ||
| P/OCF | 19.01 | ||
| P/B | 2.06 | ||
| P/tB | 2.06 | ||
| EV/EBITDA | 18.64 |
EPS(TTM)0.39
EY2.8%
EPS(NY)1.36
Fwd EY9.75%
FCF(TTM)0.21
FCFY1.52%
OCF(TTM)0.73
OCFY5.26%
SpS2.43
BVpS6.74
TBVpS6.74
PEG (NY)0.27
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 | 1.78 |
F-Score6
WACC9.63%
ROIC/WACC0.32
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 Y133.6%
EPS Next 2Y154.27%
EPS Next 3Y105.17%
EPS Next 5Y48.27%
Revenue 1Y (TTM)39.14%
Revenue growth 3Y11.84%
Revenue growth 5Y39.98%
Sales Q2Q%91.18%
Revenue Next Year69.19%
Revenue Next 2Y64.58%
Revenue Next 3Y40.57%
Revenue Next 5Y14.92%
EBIT growth 1Y772%
EBIT growth 3Y13.43%
EBIT growth 5Y33.98%
EBIT Next Year131.18%
EBIT Next 3Y76.67%
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 of EQUINOX GOLD CORP (EQX) stock?
ChartMill assigns a valuation rating of 6 / 10 to EQUINOX GOLD CORP (EQX). This can be considered as Fairly Valued.
What is the profitability of EQX stock?
EQUINOX GOLD CORP (EQX) has a profitability rating of 5 / 10.
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 133.6% in the next year.