STEPPE GOLD LTD (STGO.CA) Stock Fundamental Analysis
Canada • Toronto Stock Exchange • TSX:STGO • CA85913R2063
2.08 CAD
+0.1 (+5.05%)
Last: Feb 3, 2026, 07:00 PM
Overall STGO gets a fundamental rating of 6 out of 10. We evaluated STGO against 814 industry peers in the Metals & Mining industry. While STGO has a great profitability rating, there are some minor concerns on its financial health. STGO may be a bit undervalued, certainly considering the very reasonable score on growth This makes STGO very considerable for value investing!
1. Profitability
1.1 Basic Checks
- In the past year STGO was profitable.
- STGO had a positive operating cash flow in the past year.
- The reported net income has been mixed in the past 5 years: STGO reported negative net income in multiple years.
- STGO had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- Looking at the Return On Assets, with a value of 11.99%, STGO belongs to the top of the industry, outperforming 94.35% of the companies in the same industry.
- With an excellent Return On Equity value of 30.95%, STGO belongs to the best of the industry, outperforming 97.17% of the companies in the same industry.
- STGO has a Return On Invested Capital of 14.13%. This is amongst the best in the industry. STGO outperforms 96.19% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for STGO is significantly above the industry average of 12.04%.
- The last Return On Invested Capital (14.13%) for STGO is well below the 3 year average (25.06%), which needs to be investigated, but indicates that STGO had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.99% | ||
| ROE | 30.95% | ||
| ROIC | 14.13% |
ROA(3y)20.72%
ROA(5y)8.42%
ROE(3y)66.83%
ROE(5y)-23.79%
ROIC(3y)25.06%
ROIC(5y)N/A
1.3 Margins
- Looking at the Profit Margin, with a value of 29.28%, STGO belongs to the top of the industry, outperforming 96.44% of the companies in the same industry.
- STGO has a better Operating Margin (41.82%) than 97.54% of its industry peers.
- STGO has a better Gross Margin (49.74%) than 95.70% of its industry peers.
- In the last couple of years the Gross Margin of STGO has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 41.82% | ||
| PM (TTM) | 29.28% | ||
| GM | 49.74% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y10.44%
GM growth 5YN/A
2. Health
2.1 Basic Checks
- STGO has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
- Compared to 1 year ago, STGO has more shares outstanding
- The number of shares outstanding for STGO has been increased compared to 5 years ago.
- Compared to 1 year ago, STGO has a worse debt to assets ratio.
2.2 Solvency
- STGO has an Altman-Z score of 2.83. This is not the best score and indicates that STGO is in the grey zone with still only limited risk for bankruptcy at the moment.
- With a Altman-Z score value of 2.83, STGO perfoms like the industry average, outperforming 47.30% of the companies in the same industry.
- STGO has a debt to FCF ratio of 12.67. This is a negative value and a sign of low solvency as STGO would need 12.67 years to pay back of all of its debts.
- The Debt to FCF ratio of STGO (12.67) is better than 89.93% of its industry peers.
- A Debt/Equity ratio of 1.25 is on the high side and indicates that STGO has dependencies on debt financing.
- The Debt to Equity ratio of STGO (1.25) is worse than 74.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.25 | ||
| Debt/FCF | 12.67 | ||
| Altman-Z | 2.83 |
ROIC/WACC1.28
WACC11.02%
2.3 Liquidity
- A Current Ratio of 2.80 indicates that STGO has no problem at all paying its short term obligations.
- STGO's Current ratio of 2.80 is fine compared to the rest of the industry. STGO outperforms 60.20% of its industry peers.
- STGO has a Quick Ratio of 1.69. This is a normal value and indicates that STGO is financially healthy and should not expect problems in meeting its short term obligations.
- The Quick ratio of STGO (1.69) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.8 | ||
| Quick Ratio | 1.69 |
3. Growth
3.1 Past
- The earnings per share for STGO have decreased strongly by -42.23% in the last year.
- The Revenue for STGO has decreased by -27.72% in the past year. This is quite bad
- STGO shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 94.93% yearly.
EPS 1Y (TTM)-42.23%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-57.76%
Revenue 1Y (TTM)-27.72%
Revenue growth 3Y94.93%
Revenue growth 5YN/A
Sales Q2Q%-21.25%
3.2 Future
- STGO is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 177.75% yearly.
- STGO is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 104.49% yearly.
EPS Next Y514.29%
EPS Next 2Y177.75%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year240.18%
Revenue Next 2Y104.49%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
- STGO is valuated reasonably with a Price/Earnings ratio of 8.32.
- 96.93% of the companies in the same industry are more expensive than STGO, based on the Price/Earnings ratio.
- When comparing the Price/Earnings ratio of STGO to the average of the S&P500 Index (28.18), we can say STGO is valued rather cheaply.
- The Price/Forward Earnings ratio is 2.77, which indicates a rather cheap valuation of STGO.
- 99.02% of the companies in the same industry are more expensive than STGO, based on the Price/Forward Earnings ratio.
- STGO's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.51.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.32 | ||
| Fwd PE | 2.77 |
4.2 Price Multiples
- 98.77% of the companies in the same industry are more expensive than STGO, based on the Enterprise Value to EBITDA ratio.
- Based on the Price/Free Cash Flow ratio, STGO is valued cheaper than 94.84% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 29.14 | ||
| EV/EBITDA | 4.09 |
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 STGO may justify a higher PE ratio.
- A more expensive valuation may be justified as STGO's earnings are expected to grow with 177.75% in the coming years.
PEG (NY)0.02
PEG (5Y)N/A
EPS Next 2Y177.75%
EPS Next 3YN/A
5. Dividend
5.1 Amount
- No dividends for STGO!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
TSX:STGO (2/3/2026, 7:00:00 PM)
2.08
+0.1 (+5.05%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)11-14 2025-11-14
Earnings (Next)03-30 2026-03-30/amc
Inst Owners3.16%
Inst Owner ChangeN/A
Ins Owners6.64%
Ins Owner ChangeN/A
Market Cap525.89M
Revenue(TTM)140.31M
Net Income(TTM)41.08M
Analysts82.86
Price Target2.78 (33.65%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly Dividend0.64
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)-16.51%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.57%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.32 | ||
| Fwd PE | 2.77 | ||
| P/S | 2.74 | ||
| P/FCF | 29.14 | ||
| P/OCF | 10.93 | ||
| P/B | 2.9 | ||
| P/tB | 2.9 | ||
| EV/EBITDA | 4.09 |
EPS(TTM)0.25
EY12.02%
EPS(NY)0.75
Fwd EY36.16%
FCF(TTM)0.07
FCFY3.43%
OCF(TTM)0.19
OCFY9.15%
SpS0.76
BVpS0.72
TBVpS0.72
PEG (NY)0.02
PEG (5Y)N/A
Graham Number2.01
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.99% | ||
| ROE | 30.95% | ||
| ROCE | 21.46% | ||
| ROIC | 14.13% | ||
| ROICexc | 21.27% | ||
| ROICexgc | 21.27% | ||
| OM | 41.82% | ||
| PM (TTM) | 29.28% | ||
| GM | 49.74% | ||
| FCFM | 9.42% |
ROA(3y)20.72%
ROA(5y)8.42%
ROE(3y)66.83%
ROE(5y)-23.79%
ROIC(3y)25.06%
ROIC(5y)N/A
ROICexc(3y)32.02%
ROICexc(5y)N/A
ROICexgc(3y)32.02%
ROICexgc(5y)N/A
ROCE(3y)42.8%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y10.44%
GM growth 5YN/A
F-Score4
Asset Turnover0.41
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.25 | ||
| Debt/FCF | 12.67 | ||
| Debt/EBITDA | 2.29 | ||
| Cap/Depr | 162.02% | ||
| Cap/Sales | 15.69% | ||
| Interest Coverage | 2.38 | ||
| Cash Conversion | 48.75% | ||
| Profit Quality | 32.17% | ||
| Current Ratio | 2.8 | ||
| Quick Ratio | 1.69 | ||
| Altman-Z | 2.83 |
F-Score4
WACC11.02%
ROIC/WACC1.28
Cap/Depr(3y)92.68%
Cap/Depr(5y)87.13%
Cap/Sales(3y)8.41%
Cap/Sales(5y)8.3%
Profit Quality(3y)100.02%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-42.23%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-57.76%
EPS Next Y514.29%
EPS Next 2Y177.75%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-27.72%
Revenue growth 3Y94.93%
Revenue growth 5YN/A
Sales Q2Q%-21.25%
Revenue Next Year240.18%
Revenue Next 2Y104.49%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-32.33%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year0.27%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y83.27%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y228.91%
OCF growth 3YN/A
OCF growth 5YN/A
STEPPE GOLD LTD / STGO.CA FAQ
What is the fundamental rating for STGO stock?
ChartMill assigns a fundamental rating of 6 / 10 to STGO.CA.
What is the valuation status for STGO stock?
ChartMill assigns a valuation rating of 10 / 10 to STEPPE GOLD LTD (STGO.CA). This can be considered as Undervalued.
What is the profitability of STGO stock?
STEPPE GOLD LTD (STGO.CA) has a profitability rating of 8 / 10.
Can you provide the financial health for STGO stock?
The financial health rating of STEPPE GOLD LTD (STGO.CA) is 5 / 10.
Can you provide the dividend sustainability for STGO stock?
The dividend rating of STEPPE GOLD LTD (STGO.CA) is 0 / 10 and the dividend payout ratio is 0%.