LUNDIN GOLD INC (LUG.CA) Fundamental Analysis & Valuation
TSX:LUG • CA5503711080
Current stock price
103.92 CAD
-13.51 (-11.5%)
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.
- Each year in the past 5 years LUG has 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 (44.32%) is better than 98.63% of its industry peers.
- The Return On Equity of LUG (58.07%) is better than 99.00% of its industry peers.
- LUG has a better Return On Invested Capital (54.26%) than 99.88% of its industry peers.
- LUG had an Average Return On Invested Capital over the past 3 years of 36.09%. This is significantly above the industry average of 13.29%.
- The 3 year average ROIC (36.09%) for LUG is below the current ROIC(54.26%), indicating increased profibility in the last year.
| 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 better Profit Margin (44.43%) than 97.88% 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 99.25% of its industry peers.
- LUG's Operating Margin has improved in the last couple of years.
- With an excellent Gross Margin value of 68.78%, LUG belongs to the best of the industry, outperforming 98.00% of the companies in the same industry.
- 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.
- The number of shares outstanding for LUG has been increased compared to 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 32.55. 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 32.55, LUG is in the better half of the industry, outperforming 76.90% 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 Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 32.55 |
ROIC/WACC4.44
WACC12.23%
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 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 (2.29) which is comparable to the rest of the industry.
| 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.
- The Revenue has grown by 49.44% in the past year. This is a very strong growth!
- 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
- The Earnings Per Share is expected to decrease by -10.91% on average over the next years. This is quite bad
- LUG is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -4.09% yearly.
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
- 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. LUG.CA Valuation Analysis
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 23.20, the valuation of LUG can be described as rather expensive.
- Based on the Price/Earnings ratio, LUG is valued cheaply inside the industry as 90.39% of the companies are valued more expensively.
- The average S&P500 Price/Earnings ratio is at 27.71. LUG is around the same levels.
- With a Price/Forward Earnings ratio of 16.14, LUG is valued correctly.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of LUG indicates a rather cheap valuation: LUG is cheaper than 90.51% of the companies listed in the same industry.
- When comparing the Price/Forward Earnings ratio of LUG to the average of the S&P500 Index (38.09), we can say LUG is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.2 | ||
| Fwd PE | 16.14 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, LUG is valued cheaply inside the industry as 91.51% of the companies are valued more expensively.
- Based on the Price/Free Cash Flow ratio, LUG is valued cheaply inside the industry as 95.63% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.58 | ||
| EV/EBITDA | 15.75 |
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)0.53
PEG (5Y)0.48
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%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 0.86, LUG pays a better dividend. On top of this LUG pays more dividend than 98.88% of the companies listed in the same industry.
- LUG's Dividend Yield is rather good when compared to the S&P500 average which is at 1.81.
| 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 (4/21/2026, 7:00:00 PM)
103.92
-13.51 (-11.5%)
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 Cap25.13B
Revenue(TTM)1.78B
Net Income(TTM)792.15M
Analysts53.68
Price Target116.15 (11.77%)
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 | 23.2 | ||
| Fwd PE | 16.14 | ||
| P/S | 10.29 | ||
| P/FCF | 19.58 | ||
| P/OCF | 17.94 | ||
| P/B | 13.45 | ||
| P/tB | 13.45 | ||
| EV/EBITDA | 15.75 |
EPS(TTM)4.48
EY4.31%
EPS(NY)6.44
Fwd EY6.2%
FCF(TTM)5.31
FCFY5.11%
OCF(TTM)5.79
OCFY5.58%
SpS10.1
BVpS7.73
TBVpS7.73
PEG (NY)0.53
PEG (5Y)0.48
Graham Number27.906 (-73.15%)
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 | 32.55 |
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 23.2 and the Price/Book (PB) ratio is 13.45.
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%.