STEPPE GOLD LTD (STGO.CA) Stock Fundamental Analysis
Canada - TSX:STGO - CA85913R2063 - Common Stock
2.11 CAD
+0.08 (+3.94%)
Taking everything into account, STGO scores 7 out of 10 in our fundamental rating. STGO was compared to 792 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. These ratings would make STGO suitable for value investing!
1. Profitability
1.1 Basic Checks
STGO had positive earnings in the past year.
In the past year STGO had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: STGO reported negative net income in multiple years.
Of the past 5 years STGO 4 years had a positive operating cash flow.
1.2 Ratios
STGO has a Return On Assets of 12.91%. This is amongst the best in the industry. STGO outperforms 94.07% of its industry peers.
STGO has a Return On Equity of 33.65%. This is amongst the best in the industry. STGO outperforms 97.35% of its industry peers.
STGO has a better Return On Invested Capital (15.98%) than 97.47% 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 12.40%.
The 3 year average ROIC (25.06%) for STGO is well above the current ROIC(15.98%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.91% | ||
| ROE | 33.65% | ||
| ROIC | 15.98% |
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
With an excellent Profit Margin value of 28.51%, STGO belongs to the best of the industry, outperforming 96.34% of the companies in the same industry.
STGO's Operating Margin of 41.80% is amongst the best of the industry. STGO outperforms 97.98% of its industry peers.
With an excellent Gross Margin value of 49.10%, STGO belongs to the best of the industry, outperforming 95.96% of the companies in the same industry.
STGO's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 41.8% | ||
| PM (TTM) | 28.51% | ||
| GM | 49.1% |
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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), STGO is creating value.
Compared to 1 year ago, STGO has more shares outstanding
Compared to 5 years ago, STGO has more shares outstanding
STGO has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.99 indicates that STGO is not a great score, but indicates only limited risk for bankruptcy at the moment.
STGO's Altman-Z score of 2.99 is in line compared to the rest of the industry. STGO outperforms 53.16% of its industry peers.
The Debt to FCF ratio of STGO is 2.32, which is a good value as it means it would take STGO, 2.32 years of fcf income to pay off all of its debts.
STGO's Debt to FCF ratio of 2.32 is amongst the best of the industry. STGO outperforms 92.17% 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 75.76% of its industry peers.
Although STGO does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.25 | ||
| Debt/FCF | 2.32 | ||
| Altman-Z | 2.99 |
ROIC/WACC1.67
WACC9.54%
2.3 Liquidity
A Current Ratio of 3.87 indicates that STGO has no problem at all paying its short term obligations.
STGO's Current ratio of 3.87 is fine compared to the rest of the industry. STGO outperforms 65.66% of its industry peers.
STGO has a Quick Ratio of 2.39. This indicates that STGO is financially healthy and has no problem in meeting its short term obligations.
STGO has a Quick ratio of 2.39. This is comparable to the rest of the industry: STGO outperforms 56.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.87 | ||
| Quick Ratio | 2.39 |
3. Growth
3.1 Past
The earnings per share for STGO have decreased strongly by -21.99% in the last year.
The Revenue for STGO has decreased by -14.09% 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)-21.99%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-87.19%
Revenue 1Y (TTM)-14.09%
Revenue growth 3Y94.93%
Revenue growth 5YN/A
Sales Q2Q%-65.82%
3.2 Future
The Earnings Per Share is expected to grow by 177.75% on average over the next years. This is a very strong growth
Based on estimates for the next years, STGO will show a very strong growth in Revenue. The Revenue will grow by 144.20% on average per year.
EPS Next Y514.29%
EPS Next 2Y177.75%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year234.93%
Revenue Next 2Y144.2%
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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 6.81, the valuation of STGO can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of STGO indicates a rather cheap valuation: STGO is cheaper than 97.22% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 25.83. STGO is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 2.72, the valuation of STGO can be described as very cheap.
Based on the Price/Forward Earnings ratio, STGO is valued cheaper than 98.61% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 32.68, STGO is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.81 | ||
| Fwd PE | 2.72 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, STGO is valued cheaply inside the industry as 98.61% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, STGO is valued cheaply inside the industry as 99.12% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.58 | ||
| EV/EBITDA | 3.38 |
4.3 Compensation for Growth
STGO's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
STGO has an outstanding profitability rating, which 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)0.01
PEG (5Y)N/A
EPS Next 2Y177.75%
EPS Next 3YN/A
5. Dividend
5.1 Amount
STGO does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX:STGO (11/7/2025, 7:00:00 PM)
2.11
+0.08 (+3.94%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners3.13%
Inst Owner ChangeN/A
Ins Owners6.64%
Ins Owner ChangeN/A
Market Cap533.47M
Revenue(TTM)148.25M
Net Income(TTM)42.27M
Analysts82.86
Price Target3.97 (88.15%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0.66
Dividend Growth(5Y)N/A
DP143.12%
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)18.96%
PT rev (3m)69.13%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)530%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.26%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.81 | ||
| Fwd PE | 2.72 | ||
| P/S | 2.55 | ||
| P/FCF | 5.58 | ||
| P/OCF | 4.18 | ||
| P/B | 3.01 | ||
| P/tB | 3.01 | ||
| EV/EBITDA | 3.38 |
EPS(TTM)0.31
EY14.69%
EPS(NY)0.78
Fwd EY36.79%
FCF(TTM)0.38
FCFY17.92%
OCF(TTM)0.51
OCFY23.94%
SpS0.83
BVpS0.7
TBVpS0.7
PEG (NY)0.01
PEG (5Y)N/A
Graham Number2.21
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.91% | ||
| ROE | 33.65% | ||
| ROCE | 22.28% | ||
| ROIC | 15.98% | ||
| ROICexc | 24.91% | ||
| ROICexgc | 24.91% | ||
| OM | 41.8% | ||
| PM (TTM) | 28.51% | ||
| GM | 49.1% | ||
| FCFM | 45.77% |
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 Turnover0.45
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.25 | ||
| Debt/FCF | 2.32 | ||
| Debt/EBITDA | 1.82 | ||
| Cap/Depr | 93.62% | ||
| Cap/Sales | 15.35% | ||
| Interest Coverage | 2.71 | ||
| Cash Conversion | 105.02% | ||
| Profit Quality | 160.51% | ||
| Current Ratio | 3.87 | ||
| Quick Ratio | 2.39 | ||
| Altman-Z | 2.99 |
F-Score4
WACC9.54%
ROIC/WACC1.67
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)-21.99%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-87.19%
EPS Next Y514.29%
EPS Next 2Y177.75%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-14.09%
Revenue growth 3Y94.93%
Revenue growth 5YN/A
Sales Q2Q%-65.82%
Revenue Next Year234.93%
Revenue Next 2Y144.2%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-18.27%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year-10.43%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y905.2%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y645.78%
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 7 / 10 to STGO.CA.
Can you provide the valuation status for STEPPE GOLD LTD?
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.
What is the financial health of STEPPE GOLD LTD (STGO.CA) stock?
The financial health rating of STEPPE GOLD LTD (STGO.CA) is 6 / 10.
How sustainable is the dividend of STEPPE GOLD LTD (STGO.CA) stock?
The dividend rating of STEPPE GOLD LTD (STGO.CA) is 0 / 10 and the dividend payout ratio is 143.12%.