LUNDIN GOLD INC (LUG.CA) Fundamental Analysis & Valuation
TSX:LUG • CA5503711080
Current stock price
118.32 CAD
+5.54 (+4.91%)
Last:
This LUG.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. LUG.CA Profitability Analysis
1.1 Basic Checks
- In the past year LUG was profitable.
- LUG had a positive operating cash flow in the past year.
- Each year in the past 5 years LUG has been profitable.
- LUG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- LUG's Return On Assets of 44.32% is amongst the best of the industry. LUG outperforms 98.75% of its industry peers.
- Looking at the Return On Equity, with a value of 58.07%, LUG belongs to the top of the industry, outperforming 99.00% of the companies in the same industry.
- LUG's Return On Invested Capital of 54.26% is amongst the best of the industry. LUG outperforms 99.87% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for LUG is significantly above the industry average of 12.74%.
- The 3 year average ROIC (36.09%) for LUG is below the current ROIC(54.26%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 44.32% | ||
| ROE | 58.07% | ||
| ROIC | 54.26% |
ROA(3y)28.15%
ROA(5y)20.4%
ROE(3y)37.29%
ROE(5y)29.54%
ROIC(3y)36.09%
ROIC(5y)28.73%
1.3 Margins
- LUG has a better Profit Margin (44.43%) than 97.75% of its industry peers.
- LUG's Profit Margin has improved in the last couple of years.
- Looking at the Operating Margin, with a value of 61.83%, LUG belongs to the top of the industry, outperforming 99.25% of the companies in the same industry.
- In the last couple of years the Operating Margin of LUG has grown nicely.
- With an excellent Gross Margin value of 68.78%, LUG belongs to the best of the industry, outperforming 97.87% of the companies in the same industry.
- In the last couple of years the Gross Margin of LUG has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 61.83% | ||
| PM (TTM) | 44.43% | ||
| GM | 68.78% |
OM growth 3Y14.62%
OM growth 5Y7.85%
PM growth 3Y70.16%
PM growth 5YN/A
GM growth 3Y14.91%
GM growth 5Y7.4%
2. LUG.CA Health Analysis
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), LUG is creating value.
- LUG has more shares outstanding than it did 1 year ago.
- LUG has more shares outstanding than it did 5 years ago.
- There is no outstanding debt for LUG. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
- LUG has an Altman-Z score of 33.05. This indicates that LUG is financially healthy and has little risk of bankruptcy at the moment.
- With a decent Altman-Z score value of 33.05, LUG is doing good in the industry, outperforming 77.85% of the companies in the same industry.
- There is no outstanding debt for LUG. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 33.05 |
ROIC/WACC4.51
WACC12.04%
2.3 Liquidity
- LUG has a Current Ratio of 2.53. This indicates that LUG is financially healthy and has no problem in meeting its short term obligations.
- LUG's Current ratio of 2.53 is in line compared to the rest of the industry. LUG outperforms 55.32% of its industry peers.
- LUG has a Quick Ratio of 2.29. This indicates that LUG is financially healthy and has no problem in meeting its short term obligations.
- Looking at the Quick ratio, with a value of 2.29, LUG is in line with its industry, outperforming 55.32% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.53 | ||
| Quick Ratio | 2.29 |
3. LUG.CA Growth Analysis
3.1 Past
- The Earnings Per Share has grown by an impressive 86.86% over the past year.
- The Earnings Per Share has been growing by 48.03% on average over the past years. This is a very strong growth
- LUG shows a strong growth in Revenue. In the last year, the Revenue has grown by 49.44%.
- LUG shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 37.85% yearly.
EPS 1Y (TTM)86.86%
EPS 3Y82.27%
EPS 5Y48.03%
EPS Q2Q%77.78%
Revenue 1Y (TTM)49.44%
Revenue growth 3Y29.78%
Revenue growth 5Y37.85%
Sales Q2Q%54.07%
3.2 Future
- Based on estimates for the next years, LUG will show a very negative growth in Earnings Per Share. The EPS will decrease by -10.91% on average per year.
- LUG is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -4.09% yearly.
EPS Next Y43.78%
EPS Next 2Y22.84%
EPS Next 3Y2.81%
EPS Next 5Y-10.91%
Revenue Next Year40.05%
Revenue Next 2Y12.8%
Revenue Next 3Y8.47%
Revenue Next 5Y-4.09%
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 decreasing.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. LUG.CA Valuation Analysis
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 26.18, LUG can be considered very expensive at the moment.
- 89.86% of the companies in the same industry are more expensive than LUG, based on the Price/Earnings ratio.
- Compared to an average S&P500 Price/Earnings ratio of 26.78, LUG is valued at the same level.
- A Price/Forward Earnings ratio of 18.21 indicates a rather expensive valuation of LUG.
- Based on the Price/Forward Earnings ratio, LUG is valued cheaply inside the industry as 89.99% of the companies are valued more expensively.
- The average S&P500 Price/Forward Earnings ratio is at 23.54. LUG is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.18 | ||
| Fwd PE | 18.21 |
4.2 Price Multiples
- LUG's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. LUG is cheaper than 91.61% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, LUG is valued cheaply inside the industry as 95.62% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.08 | ||
| EV/EBITDA | 16.03 |
4.3 Compensation for Growth
- LUG's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- LUG has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)0.6
PEG (5Y)0.54
EPS Next 2Y22.84%
EPS Next 3Y2.81%
5. LUG.CA Dividend Analysis
5.1 Amount
- LUG has a Yearly Dividend Yield of 1.47%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 0.90, LUG pays a better dividend. On top of this LUG pays more dividend than 97.25% of the companies listed in the same industry.
- LUG's Dividend Yield is slightly below the S&P500 average, which is at 1.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.47% |
5.2 History
- LUG has been paying a dividend for over 5 years, so it has already some track record.
- LUG has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
- LUG pays out 83.80% of its income as dividend. This is not a sustainable payout ratio.
DP83.8%
EPS Next 2Y22.84%
EPS Next 3Y2.81%
LUG.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:LUG (4/10/2026, 7:00:00 PM)
118.32
+5.54 (+4.91%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)02-19 2026-02-19/amc
Earnings (Next)05-06 2026-05-06
Inst Owners25.52%
Inst Owner ChangeN/A
Ins Owners0.82%
Ins Owner ChangeN/A
Market Cap28.60B
Revenue(TTM)1.78B
Net Income(TTM)792.15M
Analysts53.68
Price Target116.15 (-1.83%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.47% |
Yearly Dividend3.81
Dividend Growth(5Y)N/A
DP83.8%
Div Incr Years3
Div Non Decr Years3
Ex-Date03-11 2026-03-11 (1.1536)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)11.24%
Min EPS beat(2)1.96%
Max EPS beat(2)20.52%
EPS beat(4)4
Avg EPS beat(4)12.2%
Min EPS beat(4)1.96%
Max EPS beat(4)20.52%
EPS beat(8)7
Avg EPS beat(8)9.22%
EPS beat(12)7
Avg EPS beat(12)3.97%
EPS beat(16)8
Avg EPS beat(16)-4.62%
Revenue beat(2)2
Avg Revenue beat(2)6.91%
Min Revenue beat(2)6.62%
Max Revenue beat(2)7.19%
Revenue beat(4)4
Avg Revenue beat(4)8.36%
Min Revenue beat(4)3.87%
Max Revenue beat(4)15.76%
Revenue beat(8)8
Avg Revenue beat(8)7.35%
Revenue beat(12)9
Avg Revenue beat(12)6.01%
Revenue beat(16)11
Avg Revenue beat(16)4.83%
PT rev (1m)0.9%
PT rev (3m)14.6%
EPS NQ rev (1m)3.31%
EPS NQ rev (3m)28.57%
EPS NY rev (1m)3.07%
EPS NY rev (3m)27.21%
Revenue NQ rev (1m)17.99%
Revenue NQ rev (3m)40.47%
Revenue NY rev (1m)2.56%
Revenue NY rev (3m)21.78%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.18 | ||
| Fwd PE | 18.21 | ||
| P/S | 11.61 | ||
| P/FCF | 22.08 | ||
| P/OCF | 20.23 | ||
| P/B | 15.17 | ||
| P/tB | 15.17 | ||
| EV/EBITDA | 16.03 |
EPS(TTM)4.52
EY3.82%
EPS(NY)6.5
Fwd EY5.49%
FCF(TTM)5.36
FCFY4.53%
OCF(TTM)5.85
OCFY4.94%
SpS10.19
BVpS7.8
TBVpS7.8
PEG (NY)0.6
PEG (5Y)0.54
Graham Number28.17
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 44.32% | ||
| ROE | 58.07% | ||
| ROCE | 78.82% | ||
| ROIC | 54.26% | ||
| ROICexc | 98.76% | ||
| ROICexgc | 98.76% | ||
| OM | 61.83% | ||
| PM (TTM) | 44.43% | ||
| GM | 68.78% | ||
| FCFM | 52.56% |
ROA(3y)28.15%
ROA(5y)20.4%
ROE(3y)37.29%
ROE(5y)29.54%
ROIC(3y)36.09%
ROIC(5y)28.73%
ROICexc(3y)56.77%
ROICexc(5y)43.49%
ROICexgc(3y)56.77%
ROICexgc(5y)43.49%
ROCE(3y)52.43%
ROCE(5y)41.72%
ROICexgc growth 3Y54.74%
ROICexgc growth 5Y62.35%
ROICexc growth 3Y54.74%
ROICexc growth 5Y62.35%
OM growth 3Y14.62%
OM growth 5Y7.85%
PM growth 3Y70.16%
PM growth 5YN/A
GM growth 3Y14.91%
GM growth 5Y7.4%
F-Score7
Asset Turnover1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 63.62% | ||
| Cap/Sales | 4.82% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 82.67% | ||
| Profit Quality | 118.29% | ||
| Current Ratio | 2.53 | ||
| Quick Ratio | 2.29 | ||
| Altman-Z | 33.05 |
F-Score7
WACC12.04%
ROIC/WACC4.51
Cap/Depr(3y)53.02%
Cap/Depr(5y)50.68%
Cap/Sales(3y)5.69%
Cap/Sales(5y)6.29%
Profit Quality(3y)172.7%
Profit Quality(5y)237.38%
High Growth Momentum
Growth
EPS 1Y (TTM)86.86%
EPS 3Y82.27%
EPS 5Y48.03%
EPS Q2Q%77.78%
EPS Next Y43.78%
EPS Next 2Y22.84%
EPS Next 3Y2.81%
EPS Next 5Y-10.91%
Revenue 1Y (TTM)49.44%
Revenue growth 3Y29.78%
Revenue growth 5Y37.85%
Sales Q2Q%54.07%
Revenue Next Year40.05%
Revenue Next 2Y12.8%
Revenue Next 3Y8.47%
Revenue Next 5Y-4.09%
EBIT growth 1Y75.03%
EBIT growth 3Y48.76%
EBIT growth 5Y48.67%
EBIT Next Year65.4%
EBIT Next 3Y15.83%
EBIT Next 5Y-5.09%
FCF growth 1Y61.56%
FCF growth 3Y36.05%
FCF growth 5Y76.44%
OCF growth 1Y54.45%
OCF growth 3Y33.9%
OCF growth 5Y55.2%
LUNDIN GOLD INC / LUG.CA Fundamental Analysis FAQ
What is the ChartMill fundamental rating of LUNDIN GOLD INC (LUG.CA) stock?
ChartMill assigns a fundamental rating of 8 / 10 to LUG.CA.
Can you provide the valuation status for LUNDIN GOLD INC?
ChartMill assigns a valuation rating of 7 / 10 to LUNDIN GOLD INC (LUG.CA). This can be considered as Undervalued.
Can you provide the profitability details for LUNDIN GOLD INC?
LUNDIN GOLD INC (LUG.CA) has a profitability rating of 10 / 10.
What is the valuation of LUNDIN GOLD INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for LUNDIN GOLD INC (LUG.CA) is 26.18 and the Price/Book (PB) ratio is 15.17.
Can you provide the dividend sustainability for LUG stock?
The dividend rating of LUNDIN GOLD INC (LUG.CA) is 4 / 10 and the dividend payout ratio is 83.8%.