LUNDIN GOLD INC (LUG.CA) Stock Fundamental Analysis
TSX:LUG • CA5503711080
128.57 CAD
+3.68 (+2.95%)
Last: Feb 27, 2026, 07:00 PM
Taking everything into account, LUG scores 8 out of 10 in our fundamental rating. LUG was compared to 804 industry peers in the Metals & Mining industry. LUG gets an excellent profitability rating and is at the same time showing great financial health properties. LUG is valued quite cheap, while showing a decent growth score. This is a good combination! With these ratings, LUG could be worth investigating further for value and quality investing!.
1. Profitability
1.1 Basic Checks
- In the past year LUG was profitable.
- In the past year LUG had a positive cash flow from operations.
- In the past 5 years LUG has always been profitable.
- LUG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- The Return On Assets of LUG (41.91%) is better than 98.38% of its industry peers.
- LUG's Return On Equity of 51.96% is amongst the best of the industry. LUG outperforms 98.50% of its industry peers.
- LUG has a better Return On Invested Capital (45.27%) than 99.88% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for LUG is significantly above the industry average of 12.25%.
- The last Return On Invested Capital (45.27%) for LUG is above the 3 year average (22.93%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 41.91% | ||
| ROE | 51.96% | ||
| ROIC | 45.27% |
ROA(3y)14.84%
ROA(5y)10.91%
ROE(3y)20.81%
ROE(5y)16.32%
ROIC(3y)22.93%
ROIC(5y)18.45%
1.3 Margins
- The Profit Margin of LUG (42.98%) is better than 97.88% of its industry peers.
- In the last couple of years the Profit Margin of LUG has grown nicely.
- The Operating Margin of LUG (60.07%) is better than 99.13% of its industry peers.
- In the last couple of years the Operating Margin of LUG has grown nicely.
- Looking at the Gross Margin, with a value of 66.84%, LUG belongs to the top of the industry, outperforming 97.76% of the companies in the same industry.
- LUG's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 60.07% | ||
| PM (TTM) | 42.98% | ||
| GM | 66.84% |
OM growth 3Y5.36%
OM growth 5YN/A
PM growth 3Y5.75%
PM growth 5YN/A
GM growth 3Y6.72%
GM growth 5YN/A
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), 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 45.32. This indicates that LUG is financially healthy and has little risk of bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 45.32, LUG is in the better half of the industry, outperforming 78.80% 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 | 45.32 |
ROIC/WACC4.09
WACC11.08%
2.3 Liquidity
- LUG has a Current Ratio of 3.23. This indicates that LUG is financially healthy and has no problem in meeting its short term obligations.
- The Current ratio of LUG (3.23) is better than 62.84% of its industry peers.
- A Quick Ratio of 2.88 indicates that LUG has no problem at all paying its short term obligations.
- With a decent Quick ratio value of 2.88, LUG is doing good in the industry, outperforming 61.47% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.23 | ||
| Quick Ratio | 2.88 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 111.11% over the past year.
- Measured over the past years, LUG shows a quite strong growth in Earnings Per Share. The EPS has been growing by 18.19% on average per year.
- The Revenue has grown by 53.38% in the past year. This is a very strong growth!
- Measured over the past years, LUG shows a quite strong growth in Revenue. The Revenue has been growing by 17.61% on average per year.
EPS 1Y (TTM)111.11%
EPS 3Y18.19%
EPS 5YN/A
EPS Q2Q%53.57%
Revenue 1Y (TTM)53.38%
Revenue growth 3Y17.61%
Revenue growth 5YN/A
Sales Q2Q%38.39%
3.2 Future
- Based on estimates for the next years, LUG will show a small growth in Earnings Per Share. The EPS will grow by 3.31% on average per year.
- LUG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.41% yearly.
EPS Next Y83.73%
EPS Next 2Y46.03%
EPS Next 3Y28.29%
EPS Next 5Y3.31%
Revenue Next Year46.65%
Revenue Next 2Y33.04%
Revenue Next 3Y21.23%
Revenue Next 5Y4.41%
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- 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. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 32.97, LUG can be considered very expensive at the moment.
- LUG's Price/Earnings ratio is rather cheap when compared to the industry. LUG is cheaper than 90.65% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 27.10. LUG is valued slightly more expensive when compared to this.
- Based on the Price/Forward Earnings ratio of 25.19, the valuation of LUG can be described as expensive.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of LUG indicates a rather cheap valuation: LUG is cheaper than 89.90% of the companies listed in the same industry.
- LUG is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 28.06, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.97 | ||
| Fwd PE | 25.19 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, LUG is valued cheaper than 92.64% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, LUG is valued cheaper than 95.26% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 29.17 | ||
| EV/EBITDA | 19.71 |
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.
- LUG's earnings are expected to grow with 28.29% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.39
PEG (5Y)N/A
EPS Next 2Y46.03%
EPS Next 3Y28.29%
5. Dividend
5.1 Amount
- LUG has a Yearly Dividend Yield of 3.06%.
- Compared to an average industry Dividend Yield of 0.39, LUG pays a better dividend. On top of this LUG pays more dividend than 99.13% of the companies listed in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.83, LUG pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.06% |
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
- 75.50% of the earnings are spent on dividend by LUG. This is not a sustainable payout ratio.
DP75.5%
EPS Next 2Y46.03%
EPS Next 3Y28.29%
TSX:LUG (2/27/2026, 7:00:00 PM)
128.57
+3.68 (+2.95%)
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 Owners27.15%
Inst Owner ChangeN/A
Ins Owners0.79%
Ins Owner ChangeN/A
Market Cap31.04B
Revenue(TTM)1.60B
Net Income(TTM)686.95M
Analysts52.63
Price Target115.12 (-10.46%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.06% |
Yearly Dividend3.77
Dividend Growth(5Y)N/A
DP75.5%
Div Incr Years3
Div Non Decr Years3
Ex-Date03-11 2026-03-11 (0.85)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)18.89%
Min EPS beat(2)17.27%
Max EPS beat(2)20.52%
EPS beat(4)4
Avg EPS beat(4)13.49%
Min EPS beat(4)7.12%
Max EPS beat(4)20.52%
EPS beat(8)6
Avg EPS beat(8)8.29%
EPS beat(12)6
Avg EPS beat(12)3.62%
EPS beat(16)8
Avg EPS beat(16)0.63%
Revenue beat(2)2
Avg Revenue beat(2)11.48%
Min Revenue beat(2)7.19%
Max Revenue beat(2)15.76%
Revenue beat(4)4
Avg Revenue beat(4)7.12%
Min Revenue beat(4)1.66%
Max Revenue beat(4)15.76%
Revenue beat(8)7
Avg Revenue beat(8)5.82%
Revenue beat(12)9
Avg Revenue beat(12)6%
Revenue beat(16)10
Avg Revenue beat(16)4.31%
PT rev (1m)4.81%
PT rev (3m)12.2%
EPS NQ rev (1m)6.78%
EPS NQ rev (3m)10.4%
EPS NY rev (1m)0%
EPS NY rev (3m)6.07%
Revenue NQ rev (1m)3.16%
Revenue NQ rev (3m)8.34%
Revenue NY rev (1m)0.62%
Revenue NY rev (3m)3.87%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.97 | ||
| Fwd PE | 25.19 | ||
| P/S | 14.2 | ||
| P/FCF | 29.17 | ||
| P/OCF | 26.38 | ||
| P/B | 17.17 | ||
| P/tB | 17.17 | ||
| EV/EBITDA | 19.71 |
EPS(TTM)3.9
EY3.03%
EPS(NY)5.1
Fwd EY3.97%
FCF(TTM)4.41
FCFY3.43%
OCF(TTM)4.87
OCFY3.79%
SpS9.05
BVpS7.49
TBVpS7.49
PEG (NY)0.39
PEG (5Y)N/A
Graham Number25.63
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 41.91% | ||
| ROE | 51.96% | ||
| ROCE | 69.57% | ||
| ROIC | 45.27% | ||
| ROICexc | 70.54% | ||
| ROICexgc | 70.54% | ||
| OM | 60.07% | ||
| PM (TTM) | 42.98% | ||
| GM | 66.84% | ||
| FCFM | 48.7% |
ROA(3y)14.84%
ROA(5y)10.91%
ROE(3y)20.81%
ROE(5y)16.32%
ROIC(3y)22.93%
ROIC(5y)18.45%
ROICexc(3y)30.94%
ROICexc(5y)24.1%
ROICexgc(3y)30.94%
ROICexgc(5y)24.1%
ROCE(3y)35.24%
ROCE(5y)28.35%
ROICexgc growth 3Y30%
ROICexgc growth 5YN/A
ROICexc growth 3Y30%
ROICexc growth 5YN/A
OM growth 3Y5.36%
OM growth 5YN/A
PM growth 3Y5.75%
PM growth 5YN/A
GM growth 3Y6.72%
GM growth 5YN/A
F-Score7
Asset Turnover0.98
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 61.78% | ||
| Cap/Sales | 5.16% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 78.71% | ||
| Profit Quality | 113.29% | ||
| Current Ratio | 3.23 | ||
| Quick Ratio | 2.88 | ||
| Altman-Z | 45.32 |
F-Score7
WACC11.08%
ROIC/WACC4.09
Cap/Depr(3y)45.6%
Cap/Depr(5y)59.18%
Cap/Sales(3y)6.29%
Cap/Sales(5y)8.61%
Profit Quality(3y)301.9%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)111.11%
EPS 3Y18.19%
EPS 5YN/A
EPS Q2Q%53.57%
EPS Next Y83.73%
EPS Next 2Y46.03%
EPS Next 3Y28.29%
EPS Next 5Y3.31%
Revenue 1Y (TTM)53.38%
Revenue growth 3Y17.61%
Revenue growth 5YN/A
Sales Q2Q%38.39%
Revenue Next Year46.65%
Revenue Next 2Y33.04%
Revenue Next 3Y21.23%
Revenue Next 5Y4.41%
EBIT growth 1Y89%
EBIT growth 3Y23.92%
EBIT growth 5YN/A
EBIT Next Year59.17%
EBIT Next 3Y28.43%
EBIT Next 5Y5.08%
FCF growth 1Y52.54%
FCF growth 3Y17.15%
FCF growth 5YN/A
OCF growth 1Y53.62%
OCF growth 3Y16.61%
OCF growth 5YN/A
LUNDIN GOLD INC / LUG.CA FAQ
What is the ChartMill fundamental rating of LUNDIN GOLD INC (LUG.CA) stock?
ChartMill assigns a fundamental rating of 7 / 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 9 / 10.
Can you provide the PE and PB ratios for LUG stock?
The Price/Earnings (PE) ratio for LUNDIN GOLD INC (LUG.CA) is 32.97 and the Price/Book (PB) ratio is 17.17.
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 83.73% in the next year.