LUNDIN GOLD INC (LUG.CA) Fundamental Analysis & Valuation

TSX:LUG • CA5503711080

Current stock price

97.01 CAD
+2.05 (+2.16%)
Last:

This LUG.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

10

1. LUG.CA Profitability Analysis

1.1 Basic Checks

  • LUG had positive earnings in the past year.
  • LUG had a positive operating cash flow in the past year.
  • In the past 5 years LUG has always been profitable.
  • Each year in the past 5 years LUG had a positive operating cash flow.
LUG.CA Yearly Net Income VS EBIT VS OCF VS FCFLUG.CA 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 2025 0 500M 1B

1.2 Ratios

  • LUG has a Return On Assets of 44.32%. This is amongst the best in the industry. LUG outperforms 98.63% of its industry peers.
  • The Return On Equity of LUG (58.07%) is better than 98.76% of its industry peers.
  • LUG has a better Return On Invested Capital (54.26%) than 99.88% 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 12.70%.
  • The 3 year average ROIC (36.09%) for LUG is below the current ROIC(54.26%), indicating increased profibility in the last year.
Industry RankSector 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%
LUG.CA Yearly ROA, ROE, ROICLUG.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 40

1.3 Margins

  • The Profit Margin of LUG (44.43%) is better than 97.76% of its industry peers.
  • LUG's Profit Margin has improved in the last couple of years.
  • LUG has a Operating Margin of 61.83%. This is amongst the best in the industry. LUG outperforms 99.25% of its industry peers.
  • In the last couple of years the Operating Margin of LUG has grown nicely.
  • The Gross Margin of LUG (68.78%) is better than 97.89% of its industry peers.
  • In the last couple of years the Gross Margin of LUG has grown nicely.
Industry RankSector 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%
LUG.CA Yearly Profit, Operating, Gross MarginsLUG.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 40 60

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8

2. LUG.CA Health Analysis

2.1 Basic Checks

  • LUG has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
  • Compared to 1 year ago, LUG has more shares outstanding
  • The number of shares outstanding for LUG has been increased compared to 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.
LUG.CA Yearly Shares OutstandingLUG.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M
LUG.CA Yearly Total Debt VS Total AssetsLUG.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B

2.2 Solvency

  • LUG has an Altman-Z score of 28.00. This indicates that LUG is financially healthy and has little risk of bankruptcy at the moment.
  • With a decent Altman-Z score value of 28.00, LUG is doing good in the industry, outperforming 77.24% of the companies in the same industry.
  • LUG has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Altman-Z 28
ROIC/WACC4.79
WACC11.32%
LUG.CA Yearly LT Debt VS Equity VS FCFLUG.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M 1B

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.
  • With a Current ratio value of 2.53, LUG perfoms like the industry average, outperforming 56.47% of the companies in the same industry.
  • A Quick Ratio of 2.29 indicates that LUG has no problem at all paying its short term obligations.
  • LUG has a Quick ratio of 2.29. This is comparable to the rest of the industry: LUG outperforms 56.09% of its industry peers.
Industry RankSector Rank
Current Ratio 2.53
Quick Ratio 2.29
LUG.CA Yearly Current Assets VS Current LiabilitesLUG.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M

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

5

3. LUG.CA Growth Analysis

3.1 Past

  • LUG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 86.86%, which is quite impressive.
  • Measured over the past years, LUG shows a very strong growth in Earnings Per Share. The EPS has been growing by 48.03% on average per year.
  • 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

  • LUG is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -10.91% yearly.
  • LUG is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -4.09% yearly.
EPS Next Y39.5%
EPS Next 2Y19.37%
EPS Next 3Y2.79%
EPS Next 5Y-10.91%
Revenue Next Year36.55%
Revenue Next 2Y14.37%
Revenue Next 3Y8.6%
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.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
LUG.CA Yearly Revenue VS EstimatesLUG.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2018 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 500M 1B 1.5B 2B
LUG.CA Yearly EPS VS EstimatesLUG.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 0 1 2 3 4

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7

4. LUG.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 21.65, the valuation of LUG can be described as rather expensive.
  • LUG's Price/Earnings ratio is rather cheap when compared to the industry. LUG is cheaper than 90.05% of the companies in the same industry.
  • LUG's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 25.50.
  • Based on the Price/Forward Earnings ratio of 15.51, the valuation of LUG can be described as correct.
  • Based on the Price/Forward Earnings ratio, LUG is valued cheaper than 89.68% of the companies in the same industry.
  • LUG is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.67, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 21.65
Fwd PE 15.51
LUG.CA Price Earnings VS Forward Price EarningsLUG.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40 50

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of LUG indicates a rather cheap valuation: LUG is cheaper than 92.29% of the companies listed in the same industry.
  • 95.40% of the companies in the same industry are more expensive than LUG, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 18.26
EV/EBITDA 13.15
LUG.CA Per share dataLUG.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8 10

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.
  • LUG has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)0.55
PEG (5Y)0.45
EPS Next 2Y19.37%
EPS Next 3Y2.79%

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4

5. LUG.CA Dividend Analysis

5.1 Amount

  • LUG has a Yearly Dividend Yield of 1.68%.
  • Compared to an average industry Dividend Yield of 0.49, LUG pays a better dividend. On top of this LUG pays more dividend than 97.64% of the companies listed in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.89, LUG has a dividend comparable with the average S&P500 company.
Industry RankSector Rank
Dividend Yield 1.68%

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
LUG.CA Yearly Dividends per shareLUG.CA Yearly Dividends per shareYearly Dividends per share 2022 2023 2024 2025 2026 1 2 3

5.3 Sustainability

  • LUG pays out 83.80% of its income as dividend. This is not a sustainable payout ratio.
DP83.8%
EPS Next 2Y19.37%
EPS Next 3Y2.79%
LUG.CA Yearly Income VS Free CF VS DividendLUG.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M -200M 400M -400M 600M 800M
LUG.CA Dividend Payout.LUG.CA Dividend Payout, showing the Payout Ratio.LUG.CA Dividend Payout.PayoutRetained Earnings

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LUG.CA Fundamentals: All Metrics, Ratios and Statistics

LUNDIN GOLD INC

TSX:LUG (3/24/2026, 7:00:00 PM)

97.01

+2.05 (+2.16%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)02-19
Earnings (Next)05-06
Inst Owners25.9%
Inst Owner ChangeN/A
Ins Owners0.81%
Ins Owner ChangeN/A
Market Cap23.45B
Revenue(TTM)1.78B
Net Income(TTM)792.15M
Analysts52.63
Price Target115.12 (18.67%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.68%
Yearly Dividend3.78
Dividend Growth(5Y)N/A
DP83.8%
Div Incr Years3
Div Non Decr Years3
Ex-Date03-11
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)7.4%
PT rev (3m)19.26%
EPS NQ rev (1m)21.74%
EPS NQ rev (3m)24.45%
EPS NY rev (1m)22.23%
EPS NY rev (3m)20.99%
Revenue NQ rev (1m)19.06%
Revenue NQ rev (3m)19.06%
Revenue NY rev (1m)13.13%
Revenue NY rev (3m)19.03%
Valuation
Industry RankSector Rank
PE 21.65
Fwd PE 15.51
P/S 9.59
P/FCF 18.26
P/OCF 16.72
P/B 12.54
P/tB 12.54
EV/EBITDA 13.15
EPS(TTM)4.48
EY4.62%
EPS(NY)6.25
Fwd EY6.45%
FCF(TTM)5.31
FCFY5.48%
OCF(TTM)5.8
OCFY5.98%
SpS10.11
BVpS7.74
TBVpS7.74
PEG (NY)0.55
PEG (5Y)0.45
Graham Number27.92
Profitability
Industry RankSector 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 RankSector 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 28
F-Score7
WACC11.32%
ROIC/WACC4.79
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 Y39.5%
EPS Next 2Y19.37%
EPS Next 3Y2.79%
EPS Next 5Y-10.91%
Revenue 1Y (TTM)49.44%
Revenue growth 3Y29.78%
Revenue growth 5Y37.85%
Sales Q2Q%54.07%
Revenue Next Year36.55%
Revenue Next 2Y14.37%
Revenue Next 3Y8.6%
Revenue Next 5Y-4.09%
EBIT growth 1Y75.03%
EBIT growth 3Y48.76%
EBIT growth 5Y48.67%
EBIT Next Year58.05%
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.


What is the valuation status for LUG stock?

ChartMill assigns a valuation rating of 7 / 10 to LUNDIN GOLD INC (LUG.CA). This can be considered as Undervalued.


What is the profitability of LUG stock?

LUNDIN GOLD INC (LUG.CA) has a profitability rating of 10 / 10.


Can you provide the PE and PB ratios for LUG stock?

The Price/Earnings (PE) ratio for LUNDIN GOLD INC (LUG.CA) is 21.65 and the Price/Book (PB) ratio is 12.54.


What is the earnings growth outlook for LUNDIN GOLD INC?

The Earnings per Share (EPS) of LUNDIN GOLD INC (LUG.CA) is expected to grow by 39.5% in the next year.