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 155 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
CGAU had positive earnings in the past year.
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
Looking at the Return On Assets, with a value of 1.92%, CGAU is in the better half of the industry, outperforming 65.81% of the companies in the same industry.
CGAU has a better Return On Equity (2.68%) than 63.87% of its industry peers.
CGAU's Return On Invested Capital of 9.08% is amongst the best of the industry. CGAU outperforms 81.94% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CGAU is significantly below the industry average of 11.10%.
The 3 year average ROIC (5.71%) for CGAU is below the current ROIC(9.08%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.92% | ||
| ROE | 2.68% | ||
| ROIC | 9.08% |
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 3.68%, CGAU is in the better half of the industry, outperforming 68.39% of the companies in the same industry.
CGAU's Operating Margin of 18.98% is fine compared to the rest of the industry. CGAU outperforms 74.84% of its industry peers.
In the last couple of years the Operating Margin of CGAU has grown nicely.
With a decent Gross Margin value of 29.46%, CGAU is doing good in the industry, outperforming 69.68% of the companies in the same industry.
CGAU's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.98% | ||
| PM (TTM) | 3.68% | ||
| GM | 29.46% |
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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), CGAU is creating some value.
The number of shares outstanding for CGAU has been reduced compared to 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 3.12. This indicates that CGAU is financially healthy and has little risk of bankruptcy at the moment.
CGAU has a better Altman-Z score (3.12) than 60.65% of its industry peers.
The Debt to FCF ratio of CGAU is 0.29, which is an excellent value as it means it would take CGAU, only 0.29 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.29, CGAU belongs to the top of the industry, outperforming 92.90% of the companies in the same industry.
A Debt/Equity ratio of 0.01 indicates that CGAU is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.01, CGAU is doing good in the industry, outperforming 76.13% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.29 | ||
| Altman-Z | 3.12 |
ROIC/WACC1.06
WACC8.58%
2.3 Liquidity
CGAU has a Current Ratio of 3.20. This indicates that CGAU is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of CGAU (3.20) is better than 70.32% of its industry peers.
CGAU has a Quick Ratio of 2.49. This indicates that CGAU is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of CGAU (2.49) is better than 68.39% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.2 | ||
| Quick Ratio | 2.49 |
3. Growth
3.1 Past
CGAU shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 65.12%, which is quite impressive.
The Earnings Per Share has been growing slightly by 3.32% on average over the past years.
Looking at the last year, CGAU shows a small growth in Revenue. The Revenue has grown by 2.88% in the last year.
The Revenue has been decreasing by -2.46% on average over the past years.
EPS 1Y (TTM)65.12%
EPS 3Y-2.18%
EPS 5Y3.32%
EPS Q2Q%-13.33%
Revenue 1Y (TTM)2.88%
Revenue growth 3Y10.5%
Revenue growth 5Y-2.46%
Sales Q2Q%-2.06%
3.2 Future
The Earnings Per Share is expected to grow by 8.44% on average over the next years. This is quite good.
CGAU is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 11.75% yearly.
EPS Next Y-10.58%
EPS Next 2Y12.15%
EPS Next 3Y-4.64%
EPS Next 5Y8.44%
Revenue Next Year-6.41%
Revenue Next 2Y0.59%
Revenue Next 3Y6.94%
Revenue Next 5Y11.75%
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 10.18, the valuation of CGAU can be described as very reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of CGAU indicates a rather cheap valuation: CGAU is cheaper than 94.84% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.60, CGAU is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 7.87, the valuation of CGAU can be described as very cheap.
Based on the Price/Forward Earnings ratio, CGAU is valued cheaply inside the industry as 85.81% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of CGAU to the average of the S&P500 Index (22.39), we can say CGAU is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.18 | ||
| Fwd PE | 7.87 |
4.2 Price Multiples
98.71% of the companies in the same industry are more expensive than CGAU, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, CGAU is valued a bit cheaper than 78.06% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.5 | ||
| EV/EBITDA | 2.65 |
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)3.07
EPS Next 2Y12.15%
EPS Next 3Y-4.64%
5. Dividend
5.1 Amount
CGAU has a Yearly Dividend Yield of 2.71%.
Compared to an average industry Dividend Yield of 2.85, CGAU pays a better dividend. On top of this CGAU pays more dividend than 87.74% of the companies listed in the same industry.
CGAU's Dividend Yield is comparable with the S&P500 average which is at 2.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.71% |
5.2 History
On average, the dividend of CGAU grows each year by 18.78%, which is quite nice.
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
CGAU pays out 96.07% of its income as dividend. This is not a sustainable payout ratio.
The dividend of CGAU is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP96.07%
EPS Next 2Y12.15%
EPS Next 3Y-4.64%
7.23
+0.18 (+2.55%)
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 Cap1.52B
Analysts77.78
Price Target8.95 (23.79%)
Short Float %1.6%
Short Ratio3.62
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.71% |
Yearly Dividend0.2
Dividend Growth(5Y)18.78%
DP96.07%
Div Incr Years0
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)4.86%
Min EPS beat(2)-11.05%
Max EPS beat(2)20.78%
EPS beat(4)2
Avg EPS beat(4)8.08%
Min EPS beat(4)-13.58%
Max EPS beat(4)36.16%
EPS beat(8)5
Avg EPS beat(8)5.25%
EPS beat(12)7
Avg EPS beat(12)-82.54%
EPS beat(16)10
Avg EPS beat(16)-58.22%
Revenue beat(2)1
Avg Revenue beat(2)-3.77%
Min Revenue beat(2)-7.8%
Max Revenue beat(2)0.25%
Revenue beat(4)1
Avg Revenue beat(4)-4.91%
Min Revenue beat(4)-7.8%
Max Revenue beat(4)0.25%
Revenue beat(8)4
Avg Revenue beat(8)1.35%
Revenue beat(12)8
Avg Revenue beat(12)6.63%
Revenue beat(16)11
Avg Revenue beat(16)4.92%
PT rev (1m)6.74%
PT rev (3m)6.93%
EPS NQ rev (1m)30.06%
EPS NQ rev (3m)40.98%
EPS NY rev (1m)0%
EPS NY rev (3m)8.64%
Revenue NQ rev (1m)-2.94%
Revenue NQ rev (3m)-2.94%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.25%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.18 | ||
| Fwd PE | 7.87 | ||
| P/S | 1.26 | ||
| P/FCF | 22.5 | ||
| P/OCF | 5.89 | ||
| P/B | 0.91 | ||
| P/tB | 0.91 | ||
| EV/EBITDA | 2.65 |
EPS(TTM)0.71
EY9.82%
EPS(NY)0.92
Fwd EY12.7%
FCF(TTM)0.32
FCFY4.44%
OCF(TTM)1.23
OCFY16.98%
SpS5.76
BVpS7.91
TBVpS7.91
PEG (NY)N/A
PEG (5Y)3.07
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.92% | ||
| ROE | 2.68% | ||
| ROCE | 11.5% | ||
| ROIC | 9.08% | ||
| ROICexc | 13.06% | ||
| ROICexgc | 13.06% | ||
| OM | 18.98% | ||
| PM (TTM) | 3.68% | ||
| GM | 29.46% | ||
| FCFM | 5.58% |
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-Score6
Asset Turnover0.52
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.29 | ||
| Debt/EBITDA | 0.04 | ||
| Cap/Depr | 157.41% | ||
| Cap/Sales | 15.74% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 73.57% | ||
| Profit Quality | 151.82% | ||
| Current Ratio | 3.2 | ||
| Quick Ratio | 2.49 | ||
| Altman-Z | 3.12 |
F-Score6
WACC8.58%
ROIC/WACC1.06
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)65.12%
EPS 3Y-2.18%
EPS 5Y3.32%
EPS Q2Q%-13.33%
EPS Next Y-10.58%
EPS Next 2Y12.15%
EPS Next 3Y-4.64%
EPS Next 5Y8.44%
Revenue 1Y (TTM)2.88%
Revenue growth 3Y10.5%
Revenue growth 5Y-2.46%
Sales Q2Q%-2.06%
Revenue Next Year-6.41%
Revenue Next 2Y0.59%
Revenue Next 3Y6.94%
Revenue Next 5Y11.75%
EBIT growth 1Y12.74%
EBIT growth 3Y16.16%
EBIT growth 5Y11.98%
EBIT Next Year36.84%
EBIT Next 3Y12.75%
EBIT Next 5Y16.75%
FCF growth 1Y134.07%
FCF growth 3Y-24.51%
FCF growth 5Y25.18%
OCF growth 1Y298.07%
OCF growth 3Y-10.39%
OCF growth 5Y-2.23%