CENTERRA GOLD INC (CGAU) Stock Fundamental Analysis
NYSE:CGAU - New York Stock Exchange, Inc. - CA1520061021 - Common Stock - Currency: USD
CGAU gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 156 industry peers in the Metals & Mining industry. CGAU is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. CGAU is cheap, but on the other hand it scores bad on growth. These ratings would make CGAU suitable for value investing!
1. Profitability
1.1 Basic Checks
In the past year CGAU was profitable.
CGAU had a positive operating cash flow in the past year.
In multiple years CGAU reported negative net income over the last 5 years.
Of the past 5 years CGAU 4 years had a positive operating cash flow.
1.2 Ratios
CGAU has a Return On Assets of 3.25%. This is in the better half of the industry: CGAU outperforms 67.95% of its industry peers.
CGAU has a Return On Equity of 4.42%. This is in the better half of the industry: CGAU outperforms 63.46% of its industry peers.
The Return On Invested Capital of CGAU (9.23%) is better than 80.13% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CGAU is significantly below the industry average of 12.32%.
The 3 year average ROIC (5.71%) for CGAU is below the current ROIC(9.23%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.25% | ||
| ROE | 4.42% | ||
| ROIC | 9.23% |
ROA(3y)-1.11%
ROA(5y)-0.91%
ROE(3y)-1.42%
ROE(5y)-1.28%
ROIC(3y)5.71%
ROIC(5y)6.97%
1.3 Margins
Looking at the Profit Margin, with a value of 6.20%, CGAU is in the better half of the industry, outperforming 72.44% of the companies in the same industry.
CGAU's Operating Margin of 19.61% is fine compared to the rest of the industry. CGAU outperforms 71.79% of its industry peers.
In the last couple of years the Operating Margin of CGAU has grown nicely.
Looking at the Gross Margin, with a value of 28.91%, CGAU is in the better half of the industry, outperforming 67.31% of the companies in the same industry.
In the last couple of years the Gross Margin of CGAU has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.61% | ||
| PM (TTM) | 6.2% | ||
| GM | 28.91% |
OM growth 3Y5.12%
OM growth 5Y14.8%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.36%
GM growth 5Y-1.39%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CGAU is still creating some value.
CGAU has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, CGAU has less shares outstanding
Compared to 1 year ago, CGAU has an improved debt to assets ratio.
2.2 Solvency
CGAU has an Altman-Z score of 3.20. This indicates that CGAU is financially healthy and has little risk of bankruptcy at the moment.
CGAU has a Altman-Z score (3.20) which is comparable to the rest of the industry.
The Debt to FCF ratio of CGAU is 0.28, which is an excellent value as it means it would take CGAU, only 0.28 years of fcf income to pay off all of its debts.
CGAU has a better Debt to FCF ratio (0.28) than 92.95% of its industry peers.
CGAU has a Debt/Equity ratio of 0.01. This is a healthy value indicating a solid balance between debt and equity.
CGAU's Debt to Equity ratio of 0.01 is fine compared to the rest of the industry. CGAU outperforms 74.36% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.28 | ||
| Altman-Z | 3.2 |
ROIC/WACC1.03
WACC8.94%
2.3 Liquidity
A Current Ratio of 3.46 indicates that CGAU has no problem at all paying its short term obligations.
CGAU has a Current ratio of 3.46. This is in the better half of the industry: CGAU outperforms 69.23% of its industry peers.
CGAU has a Quick Ratio of 2.59. This indicates that CGAU is financially healthy and has no problem in meeting its short term obligations.
CGAU has a better Quick ratio (2.59) than 67.95% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.46 | ||
| Quick Ratio | 2.59 |
3. Growth
3.1 Past
CGAU shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -15.12%.
CGAU shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.32% yearly.
The Revenue has decreased by -4.55% in the past year.
CGAU shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -2.46% yearly.
EPS 1Y (TTM)-15.12%
EPS 3Y-2.18%
EPS 5Y3.32%
EPS Q2Q%8.7%
Revenue 1Y (TTM)-4.55%
Revenue growth 3Y10.5%
Revenue growth 5Y-2.46%
Sales Q2Q%2.14%
3.2 Future
CGAU is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -39.49% yearly.
Based on estimates for the next years, CGAU will show a small growth in Revenue. The Revenue will grow by 7.75% on average per year.
EPS Next Y-10.58%
EPS Next 2Y12.15%
EPS Next 3Y-4.64%
EPS Next 5Y-39.49%
Revenue Next Year-0.87%
Revenue Next 2Y3.38%
Revenue Next 3Y6.83%
Revenue Next 5Y7.75%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
A Price/Earnings ratio of 9.96 indicates a reasonable valuation of CGAU.
CGAU's Price/Earnings ratio is rather cheap when compared to the industry. CGAU is cheaper than 93.59% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.87. CGAU is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 7.92, the valuation of CGAU can be described as very cheap.
Based on the Price/Forward Earnings ratio, CGAU is valued cheaper than 89.10% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of CGAU to the average of the S&P500 Index (35.34), we can say CGAU is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.96 | ||
| Fwd PE | 7.92 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CGAU is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
CGAU's Price/Free Cash Flow ratio is rather cheap when compared to the industry. CGAU is cheaper than 80.13% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.44 | ||
| EV/EBITDA | 2.73 |
4.3 Compensation for Growth
CGAU has a very decent profitability rating, which may justify a higher PE ratio.
CGAU's earnings are expected to decrease with -4.64% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)3
EPS Next 2Y12.15%
EPS Next 3Y-4.64%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.89%, CGAU has a reasonable but not impressive dividend return.
CGAU's Dividend Yield is rather good when compared to the industry average which is at 2.85. CGAU pays more dividend than 90.38% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.36, CGAU pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.89% |
5.2 History
The dividend of CGAU is nicely growing with an annual growth rate of 18.78%!
CGAU has paid a dividend for at least 10 years, which is a reliable track record.
CGAU has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)18.78%
Div Incr Years0
Div Non Decr Years4
5.3 Sustainability
56.24% of the earnings are spent on dividend by CGAU. This is a bit on the high side, but may be sustainable.
CGAU's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP56.24%
EPS Next 2Y12.15%
EPS Next 3Y-4.64%
7.27
+0.26 (+3.71%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners88.55%
Inst Owner ChangeN/A
Ins Owners0.23%
Ins Owner ChangeN/A
Market Cap1.48B
Analysts77.78
Price Target9.47 (30.26%)
Short Float %2.39%
Short Ratio5.17
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.89% |
Yearly Dividend0.2
Dividend Growth(5Y)18.78%
DP56.24%
Div Incr Years0
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)32.25%
Min EPS beat(2)20.78%
Max EPS beat(2)43.71%
EPS beat(4)2
Avg EPS beat(4)9.96%
Min EPS beat(4)-13.58%
Max EPS beat(4)43.71%
EPS beat(8)6
Avg EPS beat(8)14.05%
EPS beat(12)8
Avg EPS beat(12)-9.56%
EPS beat(16)10
Avg EPS beat(16)-58.78%
Revenue beat(2)1
Avg Revenue beat(2)-2.2%
Min Revenue beat(2)-4.65%
Max Revenue beat(2)0.25%
Revenue beat(4)1
Avg Revenue beat(4)-4.57%
Min Revenue beat(4)-7.8%
Max Revenue beat(4)0.25%
Revenue beat(8)3
Avg Revenue beat(8)0.16%
Revenue beat(12)7
Avg Revenue beat(12)5.63%
Revenue beat(16)11
Avg Revenue beat(16)6.47%
PT rev (1m)5%
PT rev (3m)12.98%
EPS NQ rev (1m)-7.19%
EPS NQ rev (3m)97.72%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)-4.03%
Revenue NQ rev (3m)9.51%
Revenue NY rev (1m)5.92%
Revenue NY rev (3m)5.92%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.96 | ||
| Fwd PE | 7.92 | ||
| P/S | 1.22 | ||
| P/FCF | 21.44 | ||
| P/OCF | 5.27 | ||
| P/B | 0.87 | ||
| P/tB | 0.87 | ||
| EV/EBITDA | 2.73 |
EPS(TTM)0.73
EY10.04%
EPS(NY)0.92
Fwd EY12.63%
FCF(TTM)0.34
FCFY4.66%
OCF(TTM)1.38
OCFY18.96%
SpS5.97
BVpS8.38
TBVpS8.38
PEG (NY)N/A
PEG (5Y)3
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.25% | ||
| ROE | 4.42% | ||
| ROCE | 11.69% | ||
| ROIC | 9.23% | ||
| ROICexc | 12.42% | ||
| ROICexgc | 12.42% | ||
| OM | 19.61% | ||
| PM (TTM) | 6.2% | ||
| GM | 28.91% | ||
| FCFM | 5.68% |
ROA(3y)-1.11%
ROA(5y)-0.91%
ROE(3y)-1.42%
ROE(5y)-1.28%
ROIC(3y)5.71%
ROIC(5y)6.97%
ROICexc(3y)8.18%
ROICexc(5y)9.75%
ROICexgc(3y)8.18%
ROICexgc(5y)9.75%
ROCE(3y)7.22%
ROCE(5y)8.82%
ROICexcg growth 3Y20.1%
ROICexcg growth 5Y25.59%
ROICexc growth 3Y20.1%
ROICexc growth 5Y25.59%
OM growth 3Y5.12%
OM growth 5Y14.8%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.36%
GM growth 5Y-1.39%
F-Score5
Asset Turnover0.52
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.28 | ||
| Debt/EBITDA | 0.04 | ||
| Cap/Depr | 178.08% | ||
| Cap/Sales | 17.41% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 78.55% | ||
| Profit Quality | 91.52% | ||
| Current Ratio | 3.46 | ||
| Quick Ratio | 2.59 | ||
| Altman-Z | 3.2 |
F-Score5
WACC8.94%
ROIC/WACC1.03
Cap/Depr(3y)88.77%
Cap/Depr(5y)88.62%
Cap/Sales(3y)10.16%
Cap/Sales(5y)12.01%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-15.12%
EPS 3Y-2.18%
EPS 5Y3.32%
EPS Q2Q%8.7%
EPS Next Y-10.58%
EPS Next 2Y12.15%
EPS Next 3Y-4.64%
EPS Next 5Y-39.49%
Revenue 1Y (TTM)-4.55%
Revenue growth 3Y10.5%
Revenue growth 5Y-2.46%
Sales Q2Q%2.14%
Revenue Next Year-0.87%
Revenue Next 2Y3.38%
Revenue Next 3Y6.83%
Revenue Next 5Y7.75%
EBIT growth 1Y-15.64%
EBIT growth 3Y16.16%
EBIT growth 5Y11.98%
EBIT Next Year36.84%
EBIT Next 3Y12.75%
EBIT Next 5Y3.74%
FCF growth 1Y144.16%
FCF growth 3Y-24.51%
FCF growth 5Y25.18%
OCF growth 1Y400.81%
OCF growth 3Y-10.39%
OCF growth 5Y-2.23%