EQUINOX GOLD CORP (EQX) Stock Fundamental Analysis
USA - NYSEARCA:EQX - CA29446Y5020 - Common Stock
11.8087 USD
-0.31 (-2.57%)
EQX gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 154 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 showing excellent growth while it is valued at reasonable prices. Keep and eye on this one!
1. Profitability
1.1 Basic Checks
In the past year EQX was profitable.
EQX had a positive operating cash flow in the past year.
EQX had positive earnings in 4 of the past 5 years.
Each year in the past 5 years EQX had a positive operating cash flow.
1.2 Ratios
The Return On Assets of EQX (0.47%) is comparable to the rest of the industry.
With a Return On Equity value of 0.88%, EQX perfoms like the industry average, outperforming 57.14% of the companies in the same industry.
EQX has a Return On Invested Capital (3.08%) which is comparable to the rest of the industry.
EQX had an Average Return On Invested Capital over the past 3 years of 1.45%. This is significantly below the industry average of 12.85%.
The last Return On Invested Capital (3.08%) for EQX is above the 3 year average (1.45%), which is a sign of increasing profitability.
| 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 62.34% of its industry peers.
In the last couple of years the Profit Margin of EQX has declined.
EQX has a Operating Margin of 18.29%. This is in the better half of the industry: EQX outperforms 72.08% 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 77.92% 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.
Compared to 5 years ago, EQX has more shares outstanding
The debt/assets ratio for EQX is higher compared to a year ago.
2.2 Solvency
EQX has an Altman-Z score of 1.59. 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 (1.59) is worse than 73.38% 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.
Looking at the Debt to FCF ratio, with a value of 12.57, EQX is in the better half of the industry, outperforming 61.04% of the companies in the same industry.
A Debt/Equity ratio of 0.34 indicates that EQX is not too dependend on debt financing.
EQX has a Debt to Equity ratio of 0.34. This is in the lower half of the industry: EQX underperforms 70.13% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 12.57 | ||
| Altman-Z | 1.59 |
ROIC/WACC0.34
WACC8.95%
2.3 Liquidity
EQX has a Current 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.
The Current ratio of EQX (0.94) is worse than 86.36% 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 88.96% 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.
The earnings per share for EQX have been decreasing by -18.64% on average. This is quite bad
Looking at the last year, EQX shows a very strong growth in Revenue. The Revenue has grown by 39.14%.
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
EQX is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 45.01% yearly.
The Revenue is expected to grow by 14.93% on average over the next years. This is quite good.
EPS Next Y77.15%
EPS Next 2Y121.64%
EPS Next 3Y86.23%
EPS Next 5Y45.01%
Revenue Next Year60.38%
Revenue Next 2Y55.38%
Revenue Next 3Y34.1%
Revenue Next 5Y14.93%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
A Price/Earnings ratio of 30.28 indicates a quite expensive valuation of EQX.
64.94% of the companies in the same industry are more expensive than EQX, based on the Price/Earnings ratio.
EQX's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 25.07.
A Price/Forward Earnings ratio of 11.45 indicates a reasonable valuation of EQX.
Based on the Price/Forward Earnings ratio, EQX is valued a bit cheaper than 72.08% of the companies in the same industry.
EQX's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 34.08.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.28 | ||
| Fwd PE | 11.45 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as EQX.
Based on the Price/Free Cash Flow ratio, EQX is valued a bit cheaper than 65.58% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 55.68 | ||
| EV/EBITDA | 16.51 |
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 86.23% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.39
PEG (5Y)N/A
EPS Next 2Y121.64%
EPS Next 3Y86.23%
5. Dividend
5.1 Amount
EQX does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
NYSEARCA:EQX (11/21/2025, 3:38:06 PM)
11.8087
-0.31 (-2.57%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners55.51%
Inst Owner Change-11.77%
Ins Owners3.86%
Ins Owner ChangeN/A
Market Cap9.25B
Revenue(TTM)1.51B
Net Income(TTM)46.63M
Analysts80
Price Target19.38 (64.12%)
Short Float %3.75%
Short Ratio1.76
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)72.73%
PT rev (3m)58.33%
EPS NQ rev (1m)6.25%
EPS NQ rev (3m)-8.11%
EPS NY rev (1m)-5.21%
EPS NY rev (3m)-59.84%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)24.89%
Revenue NY rev (1m)2.15%
Revenue NY rev (3m)6.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.28 | ||
| Fwd PE | 11.45 | ||
| P/S | 4.85 | ||
| P/FCF | 55.68 | ||
| P/OCF | 16.09 | ||
| P/B | 1.75 | ||
| P/tB | 1.75 | ||
| EV/EBITDA | 16.51 |
EPS(TTM)0.39
EY3.3%
EPS(NY)1.03
Fwd EY8.74%
FCF(TTM)0.21
FCFY1.8%
OCF(TTM)0.73
OCFY6.22%
SpS2.43
BVpS6.76
TBVpS6.76
PEG (NY)0.39
PEG (5Y)N/A
Graham Number7.7
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 | 1.59 |
F-Score6
WACC8.95%
ROIC/WACC0.34
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 Y77.15%
EPS Next 2Y121.64%
EPS Next 3Y86.23%
EPS Next 5Y45.01%
Revenue 1Y (TTM)39.14%
Revenue growth 3Y11.84%
Revenue growth 5Y39.98%
Sales Q2Q%91.18%
Revenue Next Year60.38%
Revenue Next 2Y55.38%
Revenue Next 3Y34.1%
Revenue Next 5Y14.93%
EBIT growth 1Y772%
EBIT growth 3Y13.43%
EBIT growth 5Y33.98%
EBIT Next Year105.26%
EBIT Next 3Y63.35%
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 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 77.15% in the next year.