LUNDIN GOLD INC (LUG.CA) Fundamental Analysis & Valuation
TSX:LUG • CA5503711080
Current stock price
109.62 CAD
-0.33 (-0.3%)
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.
- LUG had positive earnings in each of the past 5 years.
- Each year in the past 5 years LUG had a positive operating cash flow.
1.2 Ratios
- LUG has a Return On Assets of 44.32%. This is amongst the best in the industry. LUG outperforms 98.30% of its industry peers.
- LUG's Return On Equity of 58.07% is amongst the best of the industry. LUG outperforms 98.66% of its industry peers.
- LUG's Return On Invested Capital of 54.26% is amongst the best of the industry. LUG outperforms 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 12.84%.
- The last Return On Invested Capital (54.26%) for LUG is above the 3 year average (36.09%), which is a sign of increasing profitability.
| 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
- With an excellent Profit Margin value of 44.43%, LUG belongs to the best of the industry, outperforming 97.93% of the companies in the same industry.
- LUG's Profit Margin has improved in the last couple of years.
- LUG's Operating Margin of 61.83% is amongst the best of the industry. LUG outperforms 99.27% of its industry peers.
- LUG's Operating Margin has improved in the last couple of years.
- LUG has a Gross Margin of 68.78%. This is amongst the best in the industry. LUG outperforms 97.81% of its industry peers.
- 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
- The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so LUG 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.
- LUG has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
- LUG has an Altman-Z score of 31.12. This indicates that LUG is financially healthy and has little risk of bankruptcy at the moment.
- LUG has a Altman-Z score of 31.12. This is in the better half of the industry: LUG outperforms 76.76% of its industry peers.
- LUG has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 31.12 |
ROIC/WACC4.95
WACC10.96%
2.3 Liquidity
- A Current Ratio of 2.53 indicates that LUG has no problem at all paying its short term obligations.
- Looking at the Current ratio, with a value of 2.53, LUG is in line with its industry, outperforming 58.03% of the companies in the same industry.
- 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.
- LUG has a Quick ratio of 2.29. This is comparable to the rest of the industry: LUG outperforms 57.30% of its industry peers.
| 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.
- Based on estimates for the next years, LUG will show a decrease in Revenue. The Revenue will decrease by -4.09% on average per year.
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
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. LUG.CA Valuation Analysis
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 24.47, which indicates a rather expensive current valuation of LUG.
- LUG's Price/Earnings ratio is rather cheap when compared to the industry. LUG is cheaper than 90.51% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 26.11. LUG is around the same levels.
- With a Price/Forward Earnings ratio of 17.53, LUG is valued on the expensive side.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of LUG indicates a rather cheap valuation: LUG is cheaper than 90.15% of the companies listed in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.12, LUG is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.47 | ||
| Fwd PE | 17.53 |
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 92.58% of the companies listed in the same industry.
- 95.50% of the companies in the same industry are more expensive than LUG, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.63 | ||
| EV/EBITDA | 14.94 |
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.
- The excellent profitability rating of LUG may justify a higher PE ratio.
PEG (NY)0.62
PEG (5Y)0.51
EPS Next 2Y19.37%
EPS Next 3Y2.79%
5. LUG.CA Dividend Analysis
5.1 Amount
- LUG has a Yearly Dividend Yield of 3.46%. Purely for dividend investing, there may be better candidates out there.
- LUG's Dividend Yield is rather good when compared to the industry average which is at 0.38. LUG pays more dividend than 99.03% of the companies in the same industry.
- LUG's Dividend Yield is rather good when compared to the S&P500 average which is at 1.91.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.46% |
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 2Y19.37%
EPS Next 3Y2.79%
LUG.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:LUG (3/17/2026, 7:00:00 PM)
109.62
-0.33 (-0.3%)
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 Owners25.9%
Inst Owner ChangeN/A
Ins Owners0.81%
Ins Owner ChangeN/A
Market Cap26.50B
Revenue(TTM)1.78B
Net Income(TTM)792.15M
Analysts52.63
Price Target115.12 (5.02%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.46% |
Yearly Dividend3.78
Dividend Growth(5Y)N/A
DP83.8%
Div Incr Years3
Div Non Decr Years3
Ex-Date03-11 2026-03-11 (1.16416)
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)17.15%
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)18.73%
Revenue NY rev (3m)19.03%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.47 | ||
| Fwd PE | 17.53 | ||
| P/S | 10.84 | ||
| P/FCF | 20.63 | ||
| P/OCF | 18.9 | ||
| P/B | 14.17 | ||
| P/tB | 14.17 | ||
| EV/EBITDA | 14.94 |
EPS(TTM)4.48
EY4.09%
EPS(NY)6.25
Fwd EY5.7%
FCF(TTM)5.31
FCFY4.85%
OCF(TTM)5.8
OCFY5.29%
SpS10.11
BVpS7.73
TBVpS7.73
PEG (NY)0.62
PEG (5Y)0.51
Graham Number27.92
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 | 31.12 |
F-Score7
WACC10.96%
ROIC/WACC4.95
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 24.47 and the Price/Book (PB) ratio is 14.17.
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.