ELDORADO GOLD CORP (EGO) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:EGO - CA2849021035 - Common Stock
31.1 USD
-0.19 (-0.61%)
31.1 USD
0 (0%)
EGO gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 154 industry peers in the Metals & Mining industry. EGO scores excellent on profitability, but there are concerns on its financial health. An interesting combination arises when we look at growth and value: EGO is growing strongly while it also seems undervalued.
1. Profitability
1.1 Basic Checks
EGO had positive earnings in the past year.
EGO had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: EGO reported negative net income in multiple years.
Each year in the past 5 years EGO had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 5.73%, EGO is in the better half of the industry, outperforming 74.03% of the companies in the same industry.
EGO's Return On Equity of 9.06% is fine compared to the rest of the industry. EGO outperforms 70.13% of its industry peers.
With a decent Return On Invested Capital value of 7.47%, EGO is doing good in the industry, outperforming 68.18% of the companies in the same industry.
EGO had an Average Return On Invested Capital over the past 3 years of 2.90%. This is significantly below the industry average of 13.20%.
The last Return On Invested Capital (7.47%) for EGO is above the 3 year average (2.90%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.73% | ||
| ROE | 9.06% | ||
| ROIC | 7.47% |
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
EGO has a Profit Margin of 22.14%. This is amongst the best in the industry. EGO outperforms 85.71% of its industry peers.
EGO's Profit Margin has improved in the last couple of years.
With an excellent Operating Margin value of 39.44%, EGO belongs to the best of the industry, outperforming 90.26% of the companies in the same industry.
EGO's Operating Margin has improved in the last couple of years.
The Gross Margin of EGO (45.80%) is better than 81.82% of its industry peers.
EGO's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 39.44% | ||
| PM (TTM) | 22.14% | ||
| GM | 45.8% |
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so EGO 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
EGO has an Altman-Z score of 1.97. This is not the best score and indicates that EGO is in the grey zone with still only limited risk for bankruptcy at the moment.
EGO has a worse Altman-Z score (1.97) than 68.18% of its industry peers.
A Debt/Equity ratio of 0.31 indicates that EGO is not too dependend on debt financing.
EGO has a worse Debt to Equity ratio (0.31) than 65.58% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.97 |
ROIC/WACC0.88
WACC8.47%
2.3 Liquidity
A Current Ratio of 2.79 indicates that EGO has no problem at all paying its short term obligations.
EGO's Current ratio of 2.79 is in line compared to the rest of the industry. EGO outperforms 57.14% of its industry peers.
A Quick Ratio of 2.28 indicates that EGO has no problem at all paying its short term obligations.
EGO has a Quick ratio of 2.28. This is in the better half of the industry: EGO outperforms 62.99% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.79 | ||
| Quick Ratio | 2.28 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 37.82% over the past year.
The Earnings Per Share has been growing by 89.34% on average over the past years. This is a very strong growth
EGO shows a strong growth in Revenue. In the last year, the Revenue has grown by 40.85%.
The Revenue has been growing by 16.44% on average over the past years. This is quite good.
EPS 1Y (TTM)37.82%
EPS 3Y31.64%
EPS 5Y89.34%
EPS Q2Q%17.14%
Revenue 1Y (TTM)40.85%
Revenue growth 3Y12.02%
Revenue growth 5Y16.44%
Sales Q2Q%31.04%
3.2 Future
The Earnings Per Share is expected to grow by 25.50% on average over the next years. This is a very strong growth
EGO is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 13.20% yearly.
EPS Next Y19.94%
EPS Next 2Y71.69%
EPS Next 3Y46.84%
EPS Next 5Y25.5%
Revenue Next Year28.92%
Revenue Next 2Y43.38%
Revenue Next 3Y21.99%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 18.96, EGO is valued on the expensive side.
Based on the Price/Earnings ratio, EGO is valued cheaply inside the industry as 83.12% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 26.46, EGO is valued a bit cheaper.
The Price/Forward Earnings ratio is 7.23, which indicates a rather cheap valuation of EGO.
Compared to the rest of the industry, the Price/Forward Earnings ratio of EGO indicates a rather cheap valuation: EGO is cheaper than 94.16% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.10, EGO is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.96 | ||
| Fwd PE | 7.23 |
4.2 Price Multiples
EGO's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. EGO is cheaper than 85.06% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.18 |
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 excellent profitability rating of EGO may justify a higher PE ratio.
EGO's earnings are expected to grow with 46.84% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.95
PEG (5Y)0.21
EPS Next 2Y71.69%
EPS Next 3Y46.84%
5. Dividend
5.1 Amount
No dividends for EGO!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
31.1
-0.19 (-0.61%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners81.5%
Inst Owner Change-6.84%
Ins Owners0.38%
Ins Owner ChangeN/A
Market Cap6.26B
Revenue(TTM)1.68B
Net Income(TTM)371.44M
Analysts72.31
Price Target34.75 (11.74%)
Short Float %3.15%
Short Ratio3
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)0
Avg EPS beat(2)-12.16%
Min EPS beat(2)-15.08%
Max EPS beat(2)-9.24%
EPS beat(4)1
Avg EPS beat(4)-6.52%
Min EPS beat(4)-15.08%
Max EPS beat(4)4.47%
EPS beat(8)5
Avg EPS beat(8)15.35%
EPS beat(12)9
Avg EPS beat(12)49.71%
EPS beat(16)10
Avg EPS beat(16)15.74%
Revenue beat(2)2
Avg Revenue beat(2)4.66%
Min Revenue beat(2)0.11%
Max Revenue beat(2)9.21%
Revenue beat(4)3
Avg Revenue beat(4)3.31%
Min Revenue beat(4)-0.02%
Max Revenue beat(4)9.21%
Revenue beat(8)4
Avg Revenue beat(8)-0.97%
Revenue beat(12)4
Avg Revenue beat(12)-2.61%
Revenue beat(16)5
Avg Revenue beat(16)-5.38%
PT rev (1m)31.69%
PT rev (3m)32.22%
EPS NQ rev (1m)-6.98%
EPS NQ rev (3m)-2.72%
EPS NY rev (1m)3.9%
EPS NY rev (3m)2.74%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.31%
Revenue NY rev (1m)15.75%
Revenue NY rev (3m)19.72%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.96 | ||
| Fwd PE | 7.23 | ||
| P/S | 3.73 | ||
| P/FCF | N/A | ||
| P/OCF | 8.73 | ||
| P/B | 1.53 | ||
| P/tB | 1.56 | ||
| EV/EBITDA | 8.18 |
EPS(TTM)1.64
EY5.27%
EPS(NY)4.3
Fwd EY13.84%
FCF(TTM)-0.23
FCFYN/A
OCF(TTM)3.56
OCFY11.45%
SpS8.33
BVpS20.38
TBVpS19.91
PEG (NY)0.95
PEG (5Y)0.21
Graham Number27.42
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.73% | ||
| ROE | 9.06% | ||
| ROCE | 11.16% | ||
| ROIC | 7.47% | ||
| ROICexc | 7.47% | ||
| ROICexgc | 7.59% | ||
| OM | 39.44% | ||
| PM (TTM) | 22.14% | ||
| GM | 45.8% | ||
| FCFM | N/A |
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%
ROICexgc growth 3Y24.28%
ROICexgc 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-Score7
Asset Turnover0.26
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 1.37 | ||
| Cap/Depr | 288.69% | ||
| Cap/Sales | 45.5% | ||
| Interest Coverage | 30.63 | ||
| Cash Conversion | 77.41% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.79 | ||
| Quick Ratio | 2.28 | ||
| Altman-Z | 1.97 |
F-Score7
WACC8.47%
ROIC/WACC0.88
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)37.82%
EPS 3Y31.64%
EPS 5Y89.34%
EPS Q2Q%17.14%
EPS Next Y19.94%
EPS Next 2Y71.69%
EPS Next 3Y46.84%
EPS Next 5Y25.5%
Revenue 1Y (TTM)40.85%
Revenue growth 3Y12.02%
Revenue growth 5Y16.44%
Sales Q2Q%31.04%
Revenue Next Year28.92%
Revenue Next 2Y43.38%
Revenue Next 3Y21.99%
Revenue Next 5Y13.2%
EBIT growth 1Y103.97%
EBIT growth 3Y26.11%
EBIT growth 5Y49.86%
EBIT Next Year104.28%
EBIT Next 3Y48.91%
EBIT Next 5Y29.98%
FCF growth 1Y-32.87%
FCF growth 3Y-13.74%
FCF growth 5YN/A
OCF growth 1Y124.8%
OCF growth 3Y21.23%
OCF growth 5Y31.25%
ELDORADO GOLD CORP / EGO FAQ
What is the fundamental rating for EGO stock?
ChartMill assigns a fundamental rating of 6 / 10 to EGO.
What is the valuation status of ELDORADO GOLD CORP (EGO) stock?
ChartMill assigns a valuation rating of 7 / 10 to ELDORADO GOLD CORP (EGO). This can be considered as Undervalued.
Can you provide the profitability details for ELDORADO GOLD CORP?
ELDORADO GOLD CORP (EGO) has a profitability rating of 8 / 10.
What is the financial health of ELDORADO GOLD CORP (EGO) stock?
The financial health rating of ELDORADO GOLD CORP (EGO) is 3 / 10.
What is the expected EPS growth for ELDORADO GOLD CORP (EGO) stock?
The Earnings per Share (EPS) of ELDORADO GOLD CORP (EGO) is expected to grow by 19.94% in the next year.