EQUINOX GOLD CORP (EQX) Stock Fundamental Analysis

NYSEARCA:EQX • CA29446Y5020

16.98 USD
+1.33 (+8.5%)
At close: Feb 19, 2026
16.98 USD
0 (0%)
After Hours: 2/19/2026, 6:56:08 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

4

Overall EQX gets a fundamental rating of 4 out of 10. We evaluated EQX 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 not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

4

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.
  • In multiple years EQX reported negative net income over the last 5 years.
  • EQX had a positive operating cash flow in 4 of the past 5 years.
EQX Yearly Net Income VS EBIT VS OCF VS FCFEQX Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M -200M 400M -400M

1.2 Ratios

  • EQX has a Return On Assets of 0.47%. This is comparable to the rest of the industry: EQX outperforms 59.24% of its industry peers.
  • With a Return On Equity value of 0.88%, EQX perfoms like the industry average, outperforming 59.24% of the companies in the same industry.
  • Looking at the Return On Invested Capital, with a value of 3.08%, EQX is in line with its industry, outperforming 56.05% 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 10.58%.
  • 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 RankSector 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%
EQX Yearly ROA, ROE, ROICEQX Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 20

1.3 Margins

  • With a decent Profit Margin value of 2.45%, EQX is doing good in the industry, outperforming 61.15% of the companies in the same industry.
  • In the last couple of years the Profit Margin of EQX has declined.
  • Looking at the Operating Margin, with a value of 18.29%, EQX is in the better half of the industry, outperforming 70.06% of the companies in the same industry.
  • EQX's Operating Margin has declined in the last couple of years.
  • EQX has a better Gross Margin (40.73%) than 77.07% of its industry peers.
  • In the last couple of years the Gross Margin of EQX has declined.
Industry RankSector 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%
EQX Yearly Profit, Operating, Gross MarginsEQX Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -100 -200 -300

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

2

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.
  • There is no outstanding debt for EQX. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
EQX Yearly Shares OutstandingEQX Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M
EQX Yearly Total Debt VS Total AssetsEQX Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B

2.2 Solvency

  • EQX has an Altman-Z score of 1.95. This is not the best score and indicates that EQX is in the grey zone with still only limited risk for bankruptcy at the moment.
  • EQX has a Altman-Z score of 1.95. This is in the lower half of the industry: EQX underperforms 71.34% of its industry peers.
  • The Debt to FCF ratio of EQX is 12.57, which is on the high side as it means it would take EQX, 12.57 years of fcf income to pay off all of its debts.
  • EQX has a better Debt to FCF ratio (12.57) than 61.15% of its industry peers.
  • A Debt/Equity ratio of 0.34 indicates that EQX is not too dependend on debt financing.
  • With a Debt to Equity ratio value of 0.34, EQX is not doing good in the industry: 64.97% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 0.34
Debt/FCF 12.57
Altman-Z 1.95
ROIC/WACC0.29
WACC10.55%
EQX Yearly LT Debt VS Equity VS FCFEQX Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B 2B 3B

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.
  • EQX has a Current ratio of 0.94. This is amonst the worse of the industry: EQX underperforms 85.99% 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.
  • The Quick ratio of EQX (0.53) is worse than 89.17% of its industry peers.
Industry RankSector Rank
Current Ratio 0.94
Quick Ratio 0.53
EQX Yearly Current Assets VS Current LiabilitesEQX Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 104.76% over the past year.
  • The Earnings Per Share has been growing by 17.75% on average over the past years. This is quite good.
EPS 1Y (TTM)104.76%
EPS 3YN/A
EPS 5Y17.75%
EPS Q2Q%23.53%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%18.5%

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 27.77% 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 10.90% on average per year.
EPS Next Y119.78%
EPS Next 2Y74.74%
EPS Next 3Y52.17%
EPS Next 5Y27.77%
Revenue Next Year29.78%
Revenue Next 2Y16.68%
Revenue Next 3Y12.82%
Revenue Next 5Y10.9%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
EQX Yearly Revenue VS EstimatesEQX Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2016 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 1B 2B 3B 4B
EQX Yearly EPS VS EstimatesEQX Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 0.5 1 1.5

More info and screens

Find the best growth stocksShow best growing peers

5

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 39.49, which means the current valuation is very expensive for EQX.
  • Based on the Price/Earnings ratio, EQX is valued a bit cheaper than the industry average as 67.52% of the companies are valued more expensively.
  • Compared to an average S&P500 Price/Earnings ratio of 27.09, EQX is valued a bit more expensive.
  • EQX is valuated rather expensively with a Price/Forward Earnings ratio of 17.97.
  • Based on the Price/Forward Earnings ratio, EQX is valued a bit cheaper than the industry average as 68.15% of the companies are valued more expensively.
  • EQX's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.98.
Industry RankSector Rank
PE 39.49
Fwd PE 17.97
EQX Price Earnings VS Forward Price EarningsEQX Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 50 100 150 200

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, EQX is valued a bit cheaper than the industry average as 60.51% of the companies are valued more expensively.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of EQX indicates a somewhat cheap valuation: EQX is cheaper than 67.52% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 80.34
EV/EBITDA 20.67
EQX Per share dataEQX EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6

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 52.16% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.33
PEG (5Y)2.23
EPS Next 2Y74.74%
EPS Next 3Y52.17%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. Dividend

5.1 Amount

  • EQX does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

EQUINOX GOLD CORP

NYSEARCA:EQX (2/19/2026, 6:56:08 PM)

After market: 16.98 0 (0%)

16.98

+1.33 (+8.5%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)02-18
Earnings (Next)05-05
Inst Owners60.9%
Inst Owner Change13.67%
Ins Owners3.82%
Ins Owner ChangeN/A
Market Cap13.34B
Revenue(TTM)N/A
Net Income(TTM)46.63M
Analysts80
Price Target25.5 (50.18%)
Short Float %2.52%
Short Ratio1.87
Dividend
Industry RankSector 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)8.7%
PT rev (3m)31.58%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.47%
EPS NY rev (1m)7.79%
EPS NY rev (3m)45.83%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)5.61%
Valuation
Industry RankSector Rank
PE 39.49
Fwd PE 17.97
P/S 7
P/FCF 80.34
P/OCF 23.21
P/B 2.52
P/tB 2.52
EV/EBITDA 20.67
EPS(TTM)0.43
EY2.53%
EPS(NY)0.95
Fwd EY5.57%
FCF(TTM)0.21
FCFY1.24%
OCF(TTM)0.73
OCFY4.31%
SpS2.43
BVpS6.74
TBVpS6.74
PEG (NY)0.33
PEG (5Y)2.23
Graham Number8.07
Profitability
Industry RankSector 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 RankSector 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 1.95
F-Score6
WACC10.55%
ROIC/WACC0.29
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)104.76%
EPS 3YN/A
EPS 5Y17.75%
EPS Q2Q%23.53%
EPS Next Y119.78%
EPS Next 2Y74.74%
EPS Next 3Y52.17%
EPS Next 5Y27.77%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%18.5%
Revenue Next Year29.78%
Revenue Next 2Y16.68%
Revenue Next 3Y12.82%
Revenue Next 5Y10.9%
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 4 / 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 39.49 and the Price/Book (PB) ratio is 2.52.


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 119.78% in the next year.