ELDORADO GOLD CORP (EGO) Stock Fundamental Analysis
NYSE:EGO - CA2849021035 - Common Stock
23.49 USD
+0.41 (+1.78%)
23.49 USD
0 (0%)
Overall EGO gets a fundamental rating of 6 out of 10. We evaluated EGO against 156 industry peers in the Metals & Mining industry. EGO has an excellent profitability rating, but there are some minor concerns on its financial health. EGO is evaluated to be cheap and growing strongly. This does not happen too often!
1. Profitability
1.1 Basic Checks
In the past year EGO was profitable.
In the past year EGO had a positive cash flow from operations.
In multiple years EGO reported negative net income over the last 5 years.
Each year in the past 5 years EGO had a positive operating cash flow.
1.2 Ratios
The Return On Assets of EGO (5.50%) is better than 75.00% of its industry peers.
EGO's Return On Equity of 8.20% is fine compared to the rest of the industry. EGO outperforms 72.44% of its industry peers.
EGO's Return On Invested Capital of 5.89% is fine compared to the rest of the industry. EGO outperforms 64.74% of its industry peers.
EGO had an Average Return On Invested Capital over the past 3 years of 2.90%. This is significantly below the industry average of 12.76%.
The last Return On Invested Capital (5.89%) for EGO is above the 3 year average (2.90%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.5% | ||
| ROE | 8.2% | ||
| ROIC | 5.89% |
ROA(3y)-0.29%
ROA(5y)-0.3%
ROE(3y)-0.22%
ROE(5y)-0.31%
ROIC(3y)2.9%
ROIC(5y)3.1%
1.3 Margins
With an excellent Profit Margin value of 23.06%, EGO belongs to the best of the industry, outperforming 89.10% of the companies in the same industry.
In the last couple of years the Profit Margin of EGO has grown nicely.
EGO has a Operating Margin of 33.97%. This is amongst the best in the industry. EGO outperforms 86.54% of its industry peers.
In the last couple of years the Operating Margin of EGO has grown nicely.
With a decent Gross Margin value of 40.37%, EGO is doing good in the industry, outperforming 77.56% of the companies in the same industry.
In the last couple of years the Gross Margin of EGO has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 33.97% | ||
| PM (TTM) | 23.06% | ||
| GM | 40.37% |
OM growth 3Y12.58%
OM growth 5Y28.7%
PM growth 3YN/A
PM growth 5Y10.88%
GM growth 3Y7.51%
GM growth 5Y12.76%
2. Health
2.1 Basic Checks
EGO has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
EGO has more shares outstanding than it did 1 year ago.
EGO has more shares outstanding than it did 5 years ago.
EGO has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.69, we must say that EGO is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of EGO (1.69) is worse than 67.95% of its industry peers.
EGO has a debt to FCF ratio of 16.62. This is a negative value and a sign of low solvency as EGO would need 16.62 years to pay back of all of its debts.
The Debt to FCF ratio of EGO (16.62) is comparable to the rest of the industry.
A Debt/Equity ratio of 0.24 indicates that EGO is not too dependend on debt financing.
EGO has a Debt to Equity ratio of 0.24. This is comparable to the rest of the industry: EGO outperforms 42.95% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 16.62 | ||
| Altman-Z | 1.69 |
ROIC/WACC0.67
WACC8.81%
2.3 Liquidity
EGO has a Current Ratio of 3.12. This indicates that EGO is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of EGO (3.12) is better than 63.46% of its industry peers.
EGO has a Quick Ratio of 2.53. This indicates that EGO is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of EGO (2.53) is better than 67.95% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.12 | ||
| Quick Ratio | 2.53 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 56.44% over the past year.
EGO shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 89.34% yearly.
The Revenue has grown by 42.56% in the past year. This is a very strong growth!
EGO shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 16.44% yearly.
EPS 1Y (TTM)56.44%
EPS 3Y31.64%
EPS 5Y89.34%
EPS Q2Q%33.33%
Revenue 1Y (TTM)42.56%
Revenue growth 3Y12.02%
Revenue growth 5Y16.44%
Sales Q2Q%52.02%
3.2 Future
EGO is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 15.18% yearly.
The Revenue is expected to grow by 13.20% on average over the next years. This is quite good.
EPS Next Y16.74%
EPS Next 2Y50.45%
EPS Next 3Y33.69%
EPS Next 5Y15.18%
Revenue Next Year7.68%
Revenue Next 2Y33.48%
Revenue Next 3Y15.57%
Revenue Next 5Y13.2%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
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
A Price/Earnings ratio of 14.87 indicates a correct valuation of EGO.
Based on the Price/Earnings ratio, EGO is valued cheaply inside the industry as 87.18% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 27.24. EGO is valued slightly cheaper when compared to this.
Based on the Price/Forward Earnings ratio of 7.11, the valuation of EGO can be described as very cheap.
91.03% of the companies in the same industry are more expensive than EGO, based on the Price/Forward Earnings ratio.
EGO's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 35.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.87 | ||
| Fwd PE | 7.11 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of EGO indicates a somewhat cheap valuation: EGO is cheaper than 79.49% of the companies listed in the same industry.
EGO's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. EGO is cheaper than 62.18% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 83.66 | ||
| EV/EBITDA | 7.7 |
4.3 Compensation for Growth
EGO's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of EGO may justify a higher PE ratio.
EGO's earnings are expected to grow with 33.69% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.89
PEG (5Y)0.17
EPS Next 2Y50.45%
EPS Next 3Y33.69%
5. Dividend
5.1 Amount
EGO does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
23.49
+0.41 (+1.78%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners85.38%
Inst Owner Change-7.83%
Ins Owners0.37%
Ins Owner ChangeN/A
Market Cap4.77B
Analysts72.31
Price Target26.28 (11.88%)
Short Float %1.27%
Short Ratio1.5
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.89%
Min EPS beat(2)-6.25%
Max EPS beat(2)4.47%
EPS beat(4)3
Avg EPS beat(4)7.62%
Min EPS beat(4)-6.25%
Max EPS beat(4)30.69%
EPS beat(8)7
Avg EPS beat(8)40.84%
EPS beat(12)9
Avg EPS beat(12)38.41%
EPS beat(16)12
Avg EPS beat(16)19.75%
Revenue beat(2)1
Avg Revenue beat(2)1.96%
Min Revenue beat(2)-0.02%
Max Revenue beat(2)3.93%
Revenue beat(4)1
Avg Revenue beat(4)-2.49%
Min Revenue beat(4)-8.86%
Max Revenue beat(4)3.93%
Revenue beat(8)2
Avg Revenue beat(8)-4.75%
Revenue beat(12)2
Avg Revenue beat(12)-6.74%
Revenue beat(16)3
Avg Revenue beat(16)-6.47%
PT rev (1m)11.29%
PT rev (3m)17.58%
EPS NQ rev (1m)3.6%
EPS NQ rev (3m)26.32%
EPS NY rev (1m)6.87%
EPS NY rev (3m)6.87%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)6.09%
Revenue NY rev (1m)-6.23%
Revenue NY rev (3m)-6.23%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.87 | ||
| Fwd PE | 7.11 | ||
| P/S | 3.36 | ||
| P/FCF | 83.66 | ||
| P/OCF | 6.93 | ||
| P/B | 1.2 | ||
| P/tB | 1.22 | ||
| EV/EBITDA | 7.7 |
EPS(TTM)1.58
EY6.73%
EPS(NY)3.3
Fwd EY14.07%
FCF(TTM)0.28
FCFY1.2%
OCF(TTM)3.39
OCFY14.43%
SpS6.99
BVpS19.65
TBVpS19.19
PEG (NY)0.89
PEG (5Y)0.17
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.5% | ||
| ROE | 8.2% | ||
| ROCE | 8.8% | ||
| ROIC | 5.89% | ||
| ROICexc | 5.89% | ||
| ROICexgc | 5.99% | ||
| OM | 33.97% | ||
| PM (TTM) | 23.06% | ||
| GM | 40.37% | ||
| FCFM | 4.02% |
ROA(3y)-0.29%
ROA(5y)-0.3%
ROE(3y)-0.22%
ROE(5y)-0.31%
ROIC(3y)2.9%
ROIC(5y)3.1%
ROICexc(3y)3.42%
ROICexc(5y)3.57%
ROICexgc(3y)3.5%
ROICexgc(5y)3.65%
ROCE(3y)4.33%
ROCE(5y)4.63%
ROICexcg growth 3Y24.28%
ROICexcg growth 5Y48.55%
ROICexc growth 3Y24.32%
ROICexc growth 5Y48.58%
OM growth 3Y12.58%
OM growth 5Y28.7%
PM growth 3YN/A
PM growth 5Y10.88%
GM growth 3Y7.51%
GM growth 5Y12.76%
F-Score6
Asset Turnover0.24
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 16.62 | ||
| Debt/EBITDA | 1.27 | ||
| Cap/Depr | 242.37% | ||
| Cap/Sales | 44.49% | ||
| Interest Coverage | 24.1 | ||
| Cash Conversion | 92.7% | ||
| Profit Quality | 17.42% | ||
| Current Ratio | 3.12 | ||
| Quick Ratio | 2.53 | ||
| Altman-Z | 1.69 |
F-Score6
WACC8.81%
ROIC/WACC0.67
Cap/Depr(3y)168.21%
Cap/Depr(5y)144.08%
Cap/Sales(3y)39.34%
Cap/Sales(5y)33.32%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)56.44%
EPS 3Y31.64%
EPS 5Y89.34%
EPS Q2Q%33.33%
EPS Next Y16.74%
EPS Next 2Y50.45%
EPS Next 3Y33.69%
EPS Next 5Y15.18%
Revenue 1Y (TTM)42.56%
Revenue growth 3Y12.02%
Revenue growth 5Y16.44%
Sales Q2Q%52.02%
Revenue Next Year7.68%
Revenue Next 2Y33.48%
Revenue Next 3Y15.57%
Revenue Next 5Y13.2%
EBIT growth 1Y137.8%
EBIT growth 3Y26.11%
EBIT growth 5Y49.86%
EBIT Next Year86.25%
EBIT Next 3Y47.77%
EBIT Next 5Y21.52%
FCF growth 1Y160.63%
FCF growth 3Y-13.74%
FCF growth 5YN/A
OCF growth 1Y218.81%
OCF growth 3Y21.23%
OCF growth 5Y31.25%