LUNDIN GOLD INC (LUG.CA) Fundamental Analysis & Valuation
TSX:LUG • CA5503711080
Current stock price
94.96 CAD
-3.18 (-3.24%)
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.
- In the past 5 years LUG always reported a positive cash flow from operatings.
1.2 Ratios
- LUG's Return On Assets of 44.32% is amongst the best of the industry. LUG outperforms 98.30% 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 98.66% of the companies in the same industry.
- 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 12.84%.
- 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
- LUG has a Profit Margin of 44.43%. This is amongst the best in the industry. LUG outperforms 97.93% of its industry peers.
- In the last couple of years the Profit Margin of LUG has grown nicely.
- 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's Gross Margin of 68.78% is amongst the best of 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
- 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.
- 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.
2.2 Solvency
- An Altman-Z score of 28.21 indicates that LUG is not in any danger for bankruptcy at the moment.
- The Altman-Z score of LUG (28.21) is better than 76.76% 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 | 28.21 |
ROIC/WACC4.96
WACC10.94%
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 has a Current ratio (2.53) which is in line with its industry peers.
- A Quick Ratio of 2.29 indicates that LUG has no problem at all paying its short term obligations.
- LUG's Quick ratio of 2.29 is in line compared 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.
- 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%.
- Measured over the past years, LUG shows a very strong growth in Revenue. The Revenue has been growing by 37.85% on average per year.
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 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.
- 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
- A Price/Earnings ratio of 21.15 indicates a rather expensive valuation of LUG.
- Based on the Price/Earnings ratio, LUG is valued cheaper than 90.51% of the companies in the same industry.
- LUG's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 25.23.
- Based on the Price/Forward Earnings ratio of 15.17, the valuation of LUG can be described as correct.
- Based on the Price/Forward Earnings ratio, LUG is valued cheaper than 89.90% of the companies in the same industry.
- LUG is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.28, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.15 | ||
| Fwd PE | 15.17 |
4.2 Price Multiples
- 92.58% of the companies in the same industry are more expensive than LUG, based on the Enterprise Value to EBITDA ratio.
- 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 | 17.85 | ||
| EV/EBITDA | 13.28 |
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)0.54
PEG (5Y)0.44
EPS Next 2Y19.37%
EPS Next 3Y2.79%
5. LUG.CA Dividend Analysis
5.1 Amount
- LUG has a Yearly Dividend Yield of 1.68%.
- 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.
- Compared to an average S&P500 Dividend Yield of 1.91, LUG has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector 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
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 (3/20/2026, 7:00:00 PM)
94.96
-3.18 (-3.24%)
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 Cap22.95B
Revenue(TTM)1.78B
Net Income(TTM)792.15M
Analysts52.63
Price Target115.12 (21.23%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector 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 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 | 21.15 | ||
| Fwd PE | 15.17 | ||
| P/S | 9.38 | ||
| P/FCF | 17.85 | ||
| P/OCF | 16.35 | ||
| P/B | 12.26 | ||
| P/tB | 12.26 | ||
| EV/EBITDA | 13.28 |
EPS(TTM)4.49
EY4.73%
EPS(NY)6.26
Fwd EY6.59%
FCF(TTM)5.32
FCFY5.6%
OCF(TTM)5.81
OCFY6.12%
SpS10.12
BVpS7.75
TBVpS7.75
PEG (NY)0.54
PEG (5Y)0.44
Graham Number27.97
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 | 28.21 |
F-Score7
WACC10.94%
ROIC/WACC4.96
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 21.15 and the Price/Book (PB) ratio is 12.26.
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.