LUNDIN GOLD INC (LUG.CA) Fundamental Analysis & Valuation
TSX:LUG • CA5503711080
Current stock price
117.43 CAD
+5.17 (+4.61%)
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.
- In the past year LUG had a positive cash flow from operations.
- 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
- With an excellent Return On Assets value of 44.32%, LUG belongs to the best of the industry, outperforming 98.63% of the companies in the same industry.
- LUG has a Return On Equity of 58.07%. This is amongst the best in the industry. LUG outperforms 99.00% 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 13.29%.
- 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 97.88% of the companies in the same industry.
- In the last couple of years the Profit Margin of LUG has grown nicely.
- 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.
- LUG's Operating Margin has improved in the last couple of years.
- LUG's Gross Margin of 68.78% is amongst the best of the industry. LUG outperforms 98.00% 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
- LUG has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
- LUG has more shares outstanding than it did 1 year ago.
- Compared to 5 years ago, LUG has more shares outstanding
- 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 33.16. This indicates that LUG is financially healthy and has little risk of bankruptcy at the moment.
- The Altman-Z score of LUG (33.16) is better than 77.40% of its industry peers.
- 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 | 33.16 |
ROIC/WACC4.44
WACC12.23%
2.3 Liquidity
- A Current Ratio of 2.53 indicates that LUG has no problem at all paying its short term obligations.
- LUG has a Current ratio of 2.53. This is comparable to the rest of the industry: LUG outperforms 54.68% of its industry peers.
- 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 54.68% 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
- The Revenue has grown by 49.44% in the past year. This is a very strong growth!
- 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
- The Earnings Per Share is expected to decrease by -10.91% on average over the next years. This is quite bad
- 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 Y43.78%
EPS Next 2Y22.84%
EPS Next 3Y2.81%
EPS Next 5Y-10.91%
Revenue Next Year41.23%
Revenue Next 2Y16.01%
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.
- 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
- Based on the Price/Earnings ratio of 26.27, the valuation of LUG can be described as expensive.
- Based on the Price/Earnings ratio, LUG is valued cheaper than 90.26% of the companies in the same industry.
- When comparing the Price/Earnings ratio of LUG to the average of the S&P500 Index (27.95), we can say LUG is valued inline with the index average.
- The Price/Forward Earnings ratio is 18.27, which indicates a rather expensive current valuation of LUG.
- LUG's Price/Forward Earnings ratio is rather cheap when compared to the industry. LUG is cheaper than 90.51% of the companies in the same industry.
- LUG's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 38.68.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.27 | ||
| Fwd PE | 18.27 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, LUG is valued cheaper than 91.51% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, LUG is valued cheaply inside the industry as 95.51% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.16 | ||
| EV/EBITDA | 16.1 |
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)0.6
PEG (5Y)0.55
EPS Next 2Y22.84%
EPS Next 3Y2.81%
5. LUG.CA Dividend Analysis
5.1 Amount
- LUG has a Yearly Dividend Yield of 3.90%.
- LUG's Dividend Yield is rather good when compared to the industry average which is at 0.86. LUG pays more dividend than 98.88% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.81, LUG pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.9% |
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
- 83.80% of the earnings are spent on dividend by LUG. 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 (4/17/2026, 7:00:00 PM)
117.43
+5.17 (+4.61%)
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 Cap28.40B
Revenue(TTM)1.78B
Net Income(TTM)792.15M
Analysts53.68
Price Target116.15 (-1.09%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.9% |
Yearly Dividend3.77
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)13.57%
EPS NQ rev (1m)6.54%
EPS NQ rev (3m)32.59%
EPS NY rev (1m)3.07%
EPS NY rev (3m)27.21%
Revenue NQ rev (1m)10.97%
Revenue NQ rev (3m)32.12%
Revenue NY rev (1m)3.43%
Revenue NY rev (3m)22.81%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.27 | ||
| Fwd PE | 18.27 | ||
| P/S | 11.65 | ||
| P/FCF | 22.16 | ||
| P/OCF | 20.3 | ||
| P/B | 15.23 | ||
| P/tB | 15.23 | ||
| EV/EBITDA | 16.1 |
EPS(TTM)4.47
EY3.81%
EPS(NY)6.43
Fwd EY5.47%
FCF(TTM)5.3
FCFY4.51%
OCF(TTM)5.78
OCFY4.93%
SpS10.08
BVpS7.71
TBVpS7.71
PEG (NY)0.6
PEG (5Y)0.55
Graham Number27.8518 (-76.28%)
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 | 33.16 |
F-Score7
WACC12.23%
ROIC/WACC4.44
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 Year41.23%
Revenue Next 2Y16.01%
Revenue Next 3Y8.6%
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 26.27 and the Price/Book (PB) ratio is 15.23.
Can you provide the dividend sustainability for LUG stock?
The dividend rating of LUNDIN GOLD INC (LUG.CA) is 5 / 10 and the dividend payout ratio is 83.8%.