LUNDIN GOLD INC (LUG.CA) Stock Fundamental Analysis
Canada • Toronto Stock Exchange • TSX:LUG • CA5503711080
100.5 CAD
-5.29 (-5%)
Last: Feb 5, 2026, 07:00 PM
Taking everything into account, LUG scores 7 out of 10 in our fundamental rating. LUG was compared to 814 industry peers in the Metals & Mining industry. LUG scores excellent points on both the profitability and health parts. This is a solid base for a good stock. LUG scores decently on growth, while it is valued quite cheap. This could make an interesting 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.
- LUG had a positive operating cash flow in the past year.
- LUG had positive earnings in 4 of the past 5 years.
- LUG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- LUG has a better Return On Assets (41.91%) than 98.28% of its industry peers.
- Looking at the Return On Equity, with a value of 51.96%, LUG belongs to the top of the industry, outperforming 98.40% of the companies in the same industry.
- Looking at the Return On Invested Capital, with a value of 45.27%, LUG belongs to the top of the industry, outperforming 99.88% of the companies in the same industry.
- LUG had an Average Return On Invested Capital over the past 3 years of 22.93%. This is significantly above the industry average of 12.04%.
- 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 97.91% of its industry peers.
- In the last couple of years the Profit Margin of LUG has grown nicely.
- LUG has a Operating Margin of 60.07%. This is amongst the best in the industry. LUG outperforms 99.14% of its industry peers.
- In the last couple of years the Operating Margin of LUG has grown nicely.
- The Gross Margin of LUG (66.84%) is better than 97.67% of its industry peers.
- 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
- The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so LUG 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
- An Altman-Z score of 37.14 indicates that LUG is not in any danger for bankruptcy at the moment.
- LUG's Altman-Z score of 37.14 is fine compared to the rest of the industry. LUG outperforms 78.62% 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 | 37.14 |
ROIC/WACC4.3
WACC10.52%
2.3 Liquidity
- A Current Ratio of 3.23 indicates that LUG has no problem at all paying its short term obligations.
- Looking at the Current ratio, with a value of 3.23, LUG is in the better half of the industry, outperforming 63.27% of the companies in the same industry.
- A Quick Ratio of 2.88 indicates that LUG has no problem at all paying its short term obligations.
- LUG has a better Quick ratio (2.88) than 62.04% of its industry peers.
| 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.
- The Earnings Per Share has been growing by 18.19% on average over the past years. This is quite good.
- The Revenue has grown by 53.38% in the past year. This is a very strong growth!
- The Revenue has been growing by 17.61% on average over the past years. This is quite good.
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 Year45.74%
Revenue Next 2Y29.87%
Revenue Next 3Y18.58%
Revenue Next 5Y4.41%
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.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 25.77, LUG can be considered very expensive at the moment.
- 90.79% of the companies in the same industry are more expensive than LUG, based on the Price/Earnings ratio.
- Compared to an average S&P500 Price/Earnings ratio of 27.67, LUG is valued at the same level.
- With a Price/Forward Earnings ratio of 19.68, LUG is valued on the expensive side.
- LUG's Price/Forward Earnings ratio is rather cheap when compared to the industry. LUG is cheaper than 89.93% of the companies in the same industry.
- LUG is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 27.20, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.77 | ||
| Fwd PE | 19.68 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, LUG is valued cheaply inside the industry as 92.87% of the companies are valued more expensively.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of LUG indicates a rather cheap valuation: LUG is cheaper than 95.95% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.78 | ||
| EV/EBITDA | 15.76 |
4.3 Compensation for Growth
- The 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.
- A more expensive valuation may be justified as LUG's earnings are expected to grow with 28.29% in the coming years.
PEG (NY)0.31
PEG (5Y)N/A
EPS Next 2Y46.03%
EPS Next 3Y28.29%
5. Dividend
5.1 Amount
- LUG has a Yearly Dividend Yield of 1.41%.
- LUG's Dividend Yield is rather good when compared to the industry average which is at 0.42. LUG pays more dividend than 97.79% of the companies in the same industry.
- LUG's Dividend Yield is slightly below the S&P500 average, which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.41% |
5.2 History
- LUG has been paying a dividend for less than 5 years, so it still needs to build a 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 (2/5/2026, 7:00:00 PM)
100.5
-5.29 (-5%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)11-06 2025-11-06/amc
Earnings (Next)02-19 2026-02-19/amc
Inst Owners27.15%
Inst Owner ChangeN/A
Ins Owners0.79%
Ins Owner ChangeN/A
Market Cap24.26B
Revenue(TTM)1.60B
Net Income(TTM)686.95M
Analysts52.63
Price Target102.28 (1.77%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.41% |
Yearly Dividend0.81
Dividend Growth(5Y)N/A
DP75.5%
Div Incr Years3
Div Non Decr Years3
Ex-DateN/A
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)0.91%
PT rev (3m)17.33%
EPS NQ rev (1m)-0.64%
EPS NQ rev (3m)8.84%
EPS NY rev (1m)0.61%
EPS NY rev (3m)12.27%
Revenue NQ rev (1m)5.02%
Revenue NQ rev (3m)9.3%
Revenue NY rev (1m)0%
Revenue NY rev (3m)6.02%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.77 | ||
| Fwd PE | 19.68 | ||
| P/S | 11.09 | ||
| P/FCF | 22.78 | ||
| P/OCF | 20.6 | ||
| P/B | 13.41 | ||
| P/tB | 13.41 | ||
| EV/EBITDA | 15.76 |
EPS(TTM)3.9
EY3.88%
EPS(NY)5.11
Fwd EY5.08%
FCF(TTM)4.41
FCFY4.39%
OCF(TTM)4.88
OCFY4.85%
SpS9.06
BVpS7.49
TBVpS7.49
PEG (NY)0.31
PEG (5Y)N/A
Graham Number25.64
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 | 37.14 |
F-Score7
WACC10.52%
ROIC/WACC4.3
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 Year45.74%
Revenue Next 2Y29.87%
Revenue Next 3Y18.58%
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 25.77 and the Price/Book (PB) ratio is 13.41.
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.