STEPPE GOLD LTD (STGO.CA) Stock Fundamental Analysis
Canada • Toronto Stock Exchange • TSX:STGO • CA85913R2063
2 CAD
-0.27 (-11.89%)
Last: Jan 30, 2026, 07:00 PM
Taking everything into account, STGO scores 6 out of 10 in our fundamental rating. STGO was compared to 820 industry peers in the Metals & Mining industry. While STGO belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. STGO may be a bit undervalued, certainly considering the very reasonable score on growth With these ratings, STGO could be worth investigating further for value investing!.
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.
- STGO had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- With an excellent Return On Assets value of 11.99%, STGO belongs to the best of the industry, outperforming 94.27% of the companies in the same industry.
- STGO has a better Return On Equity (30.95%) than 97.20% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 14.13%, STGO belongs to the top of the industry, outperforming 96.22% of the companies in the same industry.
- STGO had an Average Return On Invested Capital over the past 3 years of 25.06%. This is significantly above the industry average of 12.04%.
- The 3 year average ROIC (25.06%) for STGO is well above the current ROIC(14.13%). The reason for the recent decline needs to be investigated.
| 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
- With an excellent Profit Margin value of 29.28%, STGO belongs to the best of the industry, outperforming 96.46% of the companies in the same industry.
- STGO has a Operating Margin of 41.82%. This is amongst the best in the industry. STGO outperforms 97.56% of its industry peers.
- The Gross Margin of STGO (49.74%) is better than 95.73% of its industry peers.
- STGO's Gross Margin has improved in the last couple of years.
| 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
- The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so STGO is creating value.
- Compared to 1 year ago, STGO has more shares outstanding
- STGO has more shares outstanding than it did 5 years ago.
- Compared to 1 year ago, STGO has a worse debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 2.80 indicates that STGO is not a great score, but indicates only limited risk for bankruptcy at the moment.
- STGO has a Altman-Z score (2.80) which is comparable to the rest of the industry.
- The Debt to FCF ratio of STGO is 12.67, which is on the high side as it means it would take STGO, 12.67 years of fcf income to pay off all of its debts.
- STGO's Debt to FCF ratio of 12.67 is amongst the best of the industry. STGO outperforms 89.76% 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.
- Looking at the Debt to Equity ratio, with a value of 1.25, STGO is doing worse than 73.54% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.25 | ||
| Debt/FCF | 12.67 | ||
| Altman-Z | 2.8 |
ROIC/WACC1.29
WACC10.92%
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 of 2.80. This is in the better half of the industry: STGO outperforms 60.37% 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.
- Looking at the Quick ratio, with a value of 1.69, STGO is in line with its industry, outperforming 51.10% of the companies in the same 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.
- STGO shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -27.72%.
- 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
- The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 8.00, the valuation of STGO can be described as reasonable.
- Based on the Price/Earnings ratio, STGO is valued cheaply inside the industry as 96.95% of the companies are valued more expensively.
- The average S&P500 Price/Earnings ratio is at 28.32. STGO is valued rather cheaply when compared to this.
- With a Price/Forward Earnings ratio of 2.68, the valuation of STGO can be described as very cheap.
- 98.90% of the companies in the same industry are more expensive than STGO, based on the Price/Forward Earnings ratio.
- Compared to an average S&P500 Price/Forward Earnings ratio of 25.57, STGO is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8 | ||
| Fwd PE | 2.68 |
4.2 Price Multiples
- STGO's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. STGO is cheaper than 98.78% of the companies in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of STGO indicates a rather cheap valuation: STGO is cheaper than 94.88% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 28.29 | ||
| EV/EBITDA | 3.93 |
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.
- STGO's earnings are expected to grow with 177.75% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.02
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 | 0% |
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%.