GOGOLD RESOURCES INC (GGD.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:GGD - CA38045Y1025 - Common Stock
3.93 CAD
+0.16 (+4.24%)
GGD gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 820 industry peers in the Metals & Mining industry. GGD gets an excellent profitability rating and is at the same time showing great financial health properties. GGD is growing strongly while it is still valued neutral. This is a good combination! With these ratings, GGD could be worth investigating further for growth and quality investing!.
1. Profitability
1.1 Basic Checks
- In the past year GGD was profitable.
- In the past year GGD had a positive cash flow from operations.
- GGD had positive earnings in 4 of the past 5 years.
- In multiple years GGD reported negative operating cash flow during the last 5 years.
1.2 Ratios
- GGD has a better Return On Assets (4.36%) than 89.15% of its industry peers.
- GGD's Return On Equity of 4.81% is amongst the best of the industry. GGD outperforms 88.17% of its industry peers.
- GGD's Return On Invested Capital of 2.19% is amongst the best of the industry. GGD outperforms 89.63% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.36% | ||
| ROE | 4.81% | ||
| ROIC | 2.19% |
ROA(3y)0.75%
ROA(5y)1.13%
ROE(3y)0.85%
ROE(5y)1.26%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- Looking at the Profit Margin, with a value of 23.90%, GGD belongs to the top of the industry, outperforming 94.88% of the companies in the same industry.
- In the last couple of years the Profit Margin of GGD has declined.
- GGD has a better Operating Margin (23.93%) than 92.93% of its industry peers.
- GGD's Operating Margin has improved in the last couple of years.
- GGD has a better Gross Margin (39.37%) than 92.80% of its industry peers.
- In the last couple of years the Gross Margin of GGD has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.93% | ||
| PM (TTM) | 23.9% | ||
| GM | 39.37% |
OM growth 3Y155.05%
OM growth 5Y19.1%
PM growth 3Y132.01%
PM growth 5Y-26.19%
GM growth 3Y16.74%
GM growth 5Y11.71%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), GGD is destroying value.
- The number of shares outstanding for GGD has been increased compared to 1 year ago.
- GGD has more shares outstanding than it did 5 years ago.
- Compared to 1 year ago, GGD has an improved debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 20.53 indicates that GGD is not in any danger for bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 20.53, GGD is in the better half of the industry, outperforming 71.22% of the companies in the same industry.
- The Debt to FCF ratio of GGD is 0.07, which is an excellent value as it means it would take GGD, only 0.07 years of fcf income to pay off all of its debts.
- The Debt to FCF ratio of GGD (0.07) is better than 96.71% of its industry peers.
- GGD has a Debt/Equity ratio of 0.00. This is a healthy value indicating a solid balance between debt and equity.
- The Debt to Equity ratio of GGD (0.00) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.07 | ||
| Altman-Z | 20.53 |
ROIC/WACC0.22
WACC9.76%
2.3 Liquidity
- GGD has a Current Ratio of 7.63. This indicates that GGD is financially healthy and has no problem in meeting its short term obligations.
- GGD has a Current ratio of 7.63. This is amongst the best in the industry. GGD outperforms 80.98% of its industry peers.
- A Quick Ratio of 7.22 indicates that GGD has no problem at all paying its short term obligations.
- With an excellent Quick ratio value of 7.22, GGD belongs to the best of the industry, outperforming 80.37% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 7.63 | ||
| Quick Ratio | 7.22 |
3. Growth
3.1 Past
- GGD shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 880.00%, which is quite impressive.
- Measured over the past years, GGD shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -24.77% on average per year.
- The Revenue has grown by 67.43% in the past year. This is a very strong growth!
- Measured over the past years, GGD shows a quite strong growth in Revenue. The Revenue has been growing by 12.89% on average per year.
EPS 1Y (TTM)880%
EPS 3Y190.44%
EPS 5Y-24.77%
EPS Q2Q%800%
Revenue 1Y (TTM)67.43%
Revenue growth 3Y26.23%
Revenue growth 5Y12.89%
Sales Q2Q%73.89%
3.2 Future
- GGD is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 79.13% yearly.
- Based on estimates for the next years, GGD will show a very strong growth in Revenue. The Revenue will grow by 70.90% on average per year.
EPS Next Y-8.28%
EPS Next 2Y36.2%
EPS Next 3Y90.24%
EPS Next 5Y79.13%
Revenue Next Year0.58%
Revenue Next 2Y30.96%
Revenue Next 3Y70.9%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 56.14, the valuation of GGD can be described as expensive.
- Compared to the rest of the industry, the Price/Earnings ratio of GGD indicates a rather cheap valuation: GGD is cheaper than 87.44% of the companies listed in the same industry.
- When comparing the Price/Earnings ratio of GGD to the average of the S&P500 Index (27.21), we can say GGD is valued expensively.
- With a Price/Forward Earnings ratio of 63.53, GGD can be considered very expensive at the moment.
- 86.71% of the companies in the same industry are more expensive than GGD, based on the Price/Forward Earnings ratio.
- GGD is valuated expensively when we compare the Price/Forward Earnings ratio to 25.98, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 56.14 | ||
| Fwd PE | 63.53 |
4.2 Price Multiples
- GGD's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. GGD is cheaper than 89.51% of the companies in the same industry.
- 91.59% of the companies in the same industry are more expensive than GGD, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 100.88 | ||
| EV/EBITDA | 49.9 |
4.3 Compensation for Growth
- The decent profitability rating of GGD may justify a higher PE ratio.
- GGD's earnings are expected to grow with 90.24% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y36.2%
EPS Next 3Y90.24%
5. Dividend
5.1 Amount
- No dividends for GGD!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
GOGOLD RESOURCES INC / GGD.CA FAQ
What is the fundamental rating for GGD stock?
ChartMill assigns a fundamental rating of 7 / 10 to GGD.CA.
What is the valuation status for GGD stock?
ChartMill assigns a valuation rating of 5 / 10 to GOGOLD RESOURCES INC (GGD.CA). This can be considered as Fairly Valued.
What is the profitability of GGD stock?
GOGOLD RESOURCES INC (GGD.CA) has a profitability rating of 7 / 10.
Can you provide the PE and PB ratios for GGD stock?
The Price/Earnings (PE) ratio for GOGOLD RESOURCES INC (GGD.CA) is 56.14 and the Price/Book (PB) ratio is 3.43.
Can you provide the financial health for GGD stock?
The financial health rating of GOGOLD RESOURCES INC (GGD.CA) is 8 / 10.