STEPPE GOLD LTD (STGO.CA) Stock Fundamental Analysis

TSX:STGO • CA85913R2063

1.81 CAD
-0.3 (-14.22%)
Last: Feb 24, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

6

STGO gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 802 industry peers in the Metals & Mining industry. STGO scores excellent on profitability, but there are some minor concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on STGO.


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

  • In the past year STGO was profitable.
  • In the past year STGO had a positive cash flow from operations.
  • In multiple years STGO reported negative net income over the last 5 years.
  • Of the past 5 years STGO 4 years had a positive operating cash flow.
STGO.CA Yearly Net Income VS EBIT VS OCF VS FCFSTGO.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20M -20M 40M 60M 80M

1.2 Ratios

  • STGO has a better Return On Assets (11.99%) than 94.39% of its industry peers.
  • Looking at the Return On Equity, with a value of 30.95%, STGO belongs to the top of the industry, outperforming 97.26% of the companies in the same industry.
  • The Return On Invested Capital of STGO (14.13%) is better than 96.13% of its industry peers.
  • STGO had an Average Return On Invested Capital over the past 3 years of 25.06%. This is significantly above the industry average of 12.22%.
  • 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 RankSector 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
STGO.CA Yearly ROA, ROE, ROICSTGO.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -100 -200 -300 -400

1.3 Margins

  • The Profit Margin of STGO (29.28%) is better than 96.13% of its industry peers.
  • STGO has a Operating Margin of 41.82%. This is amongst the best in the industry. STGO outperforms 97.63% of its industry peers.
  • STGO has a Gross Margin of 49.74%. This is amongst the best in the industry. STGO outperforms 95.64% of its industry peers.
  • In the last couple of years the Gross Margin of STGO has grown nicely.
Industry RankSector 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
STGO.CA Yearly Profit, Operating, Gross MarginsSTGO.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50 -50

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ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), STGO is creating value.
  • STGO has more shares outstanding than it did 1 year ago.
  • STGO has more shares outstanding than it did 5 years ago.
  • STGO has a worse debt/assets ratio than last year.
STGO.CA Yearly Shares OutstandingSTGO.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M 250M
STGO.CA Yearly Total Debt VS Total AssetsSTGO.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M

2.2 Solvency

  • STGO has an Altman-Z score of 2.69. 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.
  • The Altman-Z score of STGO (2.69) is comparable to the rest of the 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 89.53% 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.
  • STGO has a Debt to Equity ratio of 1.25. This is in the lower half of the industry: STGO underperforms 73.69% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.25
Debt/FCF 12.67
Altman-Z 2.69
ROIC/WACC1.23
WACC11.49%
STGO.CA Yearly LT Debt VS Equity VS FCFSTGO.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M 100M 150M

2.3 Liquidity

  • STGO has a Current Ratio of 2.80. This indicates that STGO is financially healthy and has no problem in meeting its short term obligations.
  • STGO has a Current ratio (2.80) which is comparable to the rest of the industry.
  • A Quick Ratio of 1.69 indicates that STGO should not have too much problems paying its short term obligations.
  • Looking at the Quick ratio, with a value of 1.69, STGO is in line with its industry, outperforming 50.50% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 2.8
Quick Ratio 1.69
STGO.CA Yearly Current Assets VS Current LiabilitesSTGO.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

6

3. Growth

3.1 Past

  • The earnings per share for STGO have decreased strongly by -42.23% in the last year.
  • Looking at the last year, STGO shows a very negative growth in Revenue. The Revenue has decreased by -27.72% in the last year.
  • 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.
  • The Revenue is expected to grow by 104.49% on average over the next years. This is a very strong growth
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

  • The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
STGO.CA Yearly Revenue VS EstimatesSTGO.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2020 2021 2022 2023 2024 2025 2026 50M 100M 150M 200M
STGO.CA Yearly EPS VS EstimatesSTGO.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 0 0.2 -0.2 0.4

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Find the best growth stocksShow best growing peers

10

4. Valuation

4.1 Price/Earnings Ratio

  • STGO is valuated cheaply with a Price/Earnings ratio of 7.24.
  • Based on the Price/Earnings ratio, STGO is valued cheaper than 97.38% of the companies in the same industry.
  • STGO is valuated cheaply when we compare the Price/Earnings ratio to 26.98, which is the current average of the S&P500 Index.
  • With a Price/Forward Earnings ratio of 2.40, the valuation of STGO can be described as very cheap.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of STGO indicates a rather cheap valuation: STGO is cheaper than 99.13% of the companies listed in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 28.01. STGO is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 7.24
Fwd PE 2.4
STGO.CA Price Earnings VS Forward Price EarningsSTGO.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

  • 99.38% 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 cheaply inside the industry as 95.51% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 25.26
EV/EBITDA 3.38
STGO.CA Per share dataSTGO.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0.2 0.4 0.6

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.
  • STGO's earnings are expected to grow with 177.75% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.01
PEG (5Y)N/A
EPS Next 2Y177.75%
EPS Next 3YN/A

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. Dividend

5.1 Amount

  • STGO does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

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Find the best dividend stocksShow peers with best dividend

STEPPE GOLD LTD

TSX:STGO (2/24/2026, 7:00:00 PM)

1.81

-0.3 (-14.22%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)11-14
Earnings (Next)03-30
Inst Owners3.16%
Inst Owner ChangeN/A
Ins Owners6.64%
Ins Owner ChangeN/A
Market Cap457.62M
Revenue(TTM)140.31M
Net Income(TTM)41.08M
Analysts82.86
Price Target4.35 (140.33%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector 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)56.04%
PT rev (3m)9.51%
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)-6.88%
Valuation
Industry RankSector Rank
PE 7.24
Fwd PE 2.4
P/S 2.38
P/FCF 25.26
P/OCF 9.47
P/B 2.51
P/tB 2.51
EV/EBITDA 3.38
EPS(TTM)0.25
EY13.81%
EPS(NY)0.76
Fwd EY41.73%
FCF(TTM)0.07
FCFY3.96%
OCF(TTM)0.19
OCFY10.55%
SpS0.76
BVpS0.72
TBVpS0.72
PEG (NY)0.01
PEG (5Y)N/A
Graham Number2.01
Profitability
Industry RankSector 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 RankSector 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 2.69
F-Score4
WACC11.49%
ROIC/WACC1.23
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 4 / 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%.