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 7 out of 10. The analysis compared the fundamentals against 153 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 scores decently on growth, while it is valued quite cheap. This could make an interesting combination. These ratings would make CGAU suitable for value investing!
1. Profitability
1.1 Basic Checks
In the past year CGAU was profitable.
In the past year CGAU had a positive cash flow from operations.
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 3.55%. This is in the better half of the industry: CGAU outperforms 71.24% of its industry peers.
Looking at the Return On Equity, with a value of 4.85%, CGAU is in the better half of the industry, outperforming 68.63% of the companies in the same industry.
CGAU has a Return On Invested Capital of 10.87%. This is amongst the best in the industry. CGAU outperforms 88.89% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CGAU is below the industry average of 8.53%.
The last Return On Invested Capital (10.87%) for CGAU is above the 3 year average (5.71%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.55% | ||
| ROE | 4.85% | ||
| ROIC | 10.87% |
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 6.62%, CGAU is in the better half of the industry, outperforming 75.82% of the companies in the same industry.
CGAU has a Operating Margin of 22.45%. This is in the better half of the industry: CGAU outperforms 77.12% of its industry peers.
CGAU's Operating Margin has improved in the last couple of years.
The Gross Margin of CGAU (31.13%) is better than 70.59% of its industry peers.
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 | 22.45% | ||
| PM (TTM) | 6.62% | ||
| GM | 31.13% |
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
CGAU has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
CGAU has less shares outstanding than it did 1 year ago.
CGAU has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, CGAU has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.13 indicates that CGAU is not in any danger for bankruptcy at the moment.
With a decent Altman-Z score value of 3.13, CGAU is doing good in the industry, outperforming 60.78% of the companies in the same industry.
CGAU has a debt to FCF ratio of 0.15. This is a very positive value and a sign of high solvency as it would only need 0.15 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.15, CGAU belongs to the top of the industry, outperforming 92.81% of the companies in the same industry.
A Debt/Equity ratio of 0.01 indicates that CGAU is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.01, CGAU is in the better half of the industry, outperforming 76.47% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.15 | ||
| Altman-Z | 3.13 |
ROIC/WACC1.23
WACC8.83%
2.3 Liquidity
CGAU has a Current Ratio of 3.50. This indicates that CGAU is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of CGAU (3.50) is better than 72.55% of its industry peers.
CGAU has a Quick Ratio of 2.67. This indicates that CGAU is financially healthy and has no problem in meeting its short term obligations.
CGAU has a better Quick ratio (2.67) than 72.55% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.5 | ||
| Quick Ratio | 2.67 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 1725.00% over the past year.
Measured over the past 5 years, CGAU shows a small growth in Earnings Per Share. The EPS has been growing by 3.32% on average per year.
The Revenue has grown by 10.92% in the past year. This is quite good.
The Revenue has been decreasing by -2.46% on average over the past years.
EPS 1Y (TTM)1725%
EPS 3Y-2.18%
EPS 5Y3.32%
EPS Q2Q%-39.29%
Revenue 1Y (TTM)10.92%
Revenue growth 3Y10.5%
Revenue growth 5Y-2.46%
Sales Q2Q%-11.05%
3.2 Future
CGAU is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.99% yearly.
The Revenue is expected to grow by 2.11% on average over the next years.
EPS Next Y-10.58%
EPS Next 2Y12.15%
EPS Next 3Y-4.64%
EPS Next 5Y8.99%
Revenue Next Year-5.46%
Revenue Next 2Y0.59%
Revenue Next 3Y5.19%
Revenue Next 5Y2.11%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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
The Price/Earnings ratio is 8.74, which indicates a very decent valuation of CGAU.
Based on the Price/Earnings ratio, CGAU is valued cheaper than 96.08% of the companies in the same industry.
When comparing the Price/Earnings ratio of CGAU to the average of the S&P500 Index (28.22), we can say CGAU is valued rather cheaply.
The Price/Forward Earnings ratio is 9.77, which indicates a very decent valuation of CGAU.
81.70% of the companies in the same industry are more expensive than CGAU, based on the Price/Forward Earnings ratio.
CGAU's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 20.86.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.74 | ||
| Fwd PE | 9.77 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CGAU indicates a rather cheap valuation: CGAU is cheaper than 99.35% of the companies listed in the same industry.
92.16% of the companies in the same industry are more expensive than CGAU, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.66 | ||
| EV/EBITDA | 1.82 |
4.3 Compensation for Growth
The decent profitability rating of CGAU may justify a higher PE ratio.
A cheap valuation may be justified as CGAU's earnings are expected to decrease with -4.64% in the coming years.
PEG (NY)N/A
PEG (5Y)2.63
EPS Next 2Y12.15%
EPS Next 3Y-4.64%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.01%, CGAU has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.91, CGAU pays a better dividend. On top of this CGAU pays more dividend than 87.58% of the companies listed in the same industry.
CGAU's Dividend Yield is a higher than the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.01% |
5.2 History
The dividend of CGAU is nicely growing with an annual growth rate of 18.78%!
CGAU has been paying a dividend for at least 10 years, so it has 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
54.12% of the earnings are spent on dividend by CGAU. This is a bit on the high side, but may be sustainable.
The dividend of CGAU is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP54.12%
EPS Next 2Y12.15%
EPS Next 3Y-4.64%
6.38
-0.02 (-0.31%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners87.32%
Inst Owner ChangeN/A
Ins Owners0.2%
Ins Owner ChangeN/A
Market Cap1.34B
Analysts76.67
Price Target8.24 (29.15%)
Short Float %1.64%
Short Ratio3.34
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.01% |
Yearly Dividend0.2
Dividend Growth(5Y)18.78%
DP54.12%
Div Incr Years0
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-12.32%
Min EPS beat(2)-13.58%
Max EPS beat(2)-11.05%
EPS beat(4)2
Avg EPS beat(4)6.78%
Min EPS beat(4)-13.58%
Max EPS beat(4)36.16%
EPS beat(8)4
Avg EPS beat(8)-25.87%
EPS beat(12)7
Avg EPS beat(12)-82.67%
EPS beat(16)10
Avg EPS beat(16)-58.71%
Revenue beat(2)0
Avg Revenue beat(2)-6.94%
Min Revenue beat(2)-7.8%
Max Revenue beat(2)-6.08%
Revenue beat(4)1
Avg Revenue beat(4)2.58%
Min Revenue beat(4)-7.8%
Max Revenue beat(4)30.22%
Revenue beat(8)4
Avg Revenue beat(8)5.38%
Revenue beat(12)8
Avg Revenue beat(12)8.19%
Revenue beat(16)11
Avg Revenue beat(16)6.32%
PT rev (1m)2.82%
PT rev (3m)-5.02%
EPS NQ rev (1m)19.48%
EPS NQ rev (3m)-9.88%
EPS NY rev (1m)23.06%
EPS NY rev (3m)2.63%
Revenue NQ rev (1m)7.42%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.5%
Revenue NY rev (3m)3.02%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.74 | ||
| Fwd PE | 9.77 | ||
| P/S | 1.1 | ||
| P/FCF | 9.66 | ||
| P/OCF | 4.49 | ||
| P/B | 0.81 | ||
| P/tB | 0.81 | ||
| EV/EBITDA | 1.82 |
EPS(TTM)0.73
EY11.44%
EPS(NY)0.65
Fwd EY10.23%
FCF(TTM)0.66
FCFY10.35%
OCF(TTM)1.42
OCFY22.29%
SpS5.79
BVpS7.89
TBVpS7.89
PEG (NY)N/A
PEG (5Y)2.63
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.55% | ||
| ROE | 4.85% | ||
| ROCE | 13.76% | ||
| ROIC | 10.87% | ||
| ROICexc | 15.91% | ||
| ROICexgc | 15.91% | ||
| OM | 22.45% | ||
| PM (TTM) | 6.62% | ||
| GM | 31.13% | ||
| FCFM | 11.41% |
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-Score9
Asset Turnover0.54
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.15 | ||
| Debt/EBITDA | 0.03 | ||
| Cap/Depr | 122.29% | ||
| Cap/Sales | 13.16% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 74% | ||
| Profit Quality | 172.41% | ||
| Current Ratio | 3.5 | ||
| Quick Ratio | 2.67 | ||
| Altman-Z | 3.13 |
F-Score9
WACC8.83%
ROIC/WACC1.23
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)1725%
EPS 3Y-2.18%
EPS 5Y3.32%
EPS Q2Q%-39.29%
EPS Next Y-10.58%
EPS Next 2Y12.15%
EPS Next 3Y-4.64%
EPS Next 5Y8.99%
Revenue 1Y (TTM)10.92%
Revenue growth 3Y10.5%
Revenue growth 5Y-2.46%
Sales Q2Q%-11.05%
Revenue Next Year-5.46%
Revenue Next 2Y0.59%
Revenue Next 3Y5.19%
Revenue Next 5Y2.11%
EBIT growth 1Y424.78%
EBIT growth 3Y16.16%
EBIT growth 5Y11.98%
EBIT Next Year21.59%
EBIT Next 3Y9.72%
EBIT Next 5Y15.16%
FCF growth 1Y-13.53%
FCF growth 3Y-24.51%
FCF growth 5Y25.18%
OCF growth 1Y21.5%
OCF growth 3Y-10.39%
OCF growth 5Y-2.23%