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ELDORADO GOLD CORP (EGO) Stock Fundamental Analysis

NYSE:EGO - New York Stock Exchange, Inc. - CA2849021035 - Common Stock - Currency: USD

19.75  -0.38 (-1.89%)

After market: 19.75 0 (0%)

Fundamental Rating

6

Overall EGO gets a fundamental rating of 6 out of 10. We evaluated EGO against 154 industry peers in the Metals & Mining industry. While EGO belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. EGO is growing strongly while it also seems undervalued. This is an interesting combination


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

EGO had positive earnings in the past year.
In the past year EGO had a positive cash flow from operations.
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.
EGO Yearly Net Income VS EBIT VS OCF VS FCFEGO Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M -500M -1B -1.5B

1.2 Ratios

EGO's Return On Assets of 5.50% is fine compared to the rest of the industry. EGO outperforms 76.62% of its industry peers.
The Return On Equity of EGO (8.20%) is better than 74.03% of its industry peers.
EGO has a Return On Invested Capital of 5.89%. This is in the better half of the industry: EGO outperforms 66.88% 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 11.67%.
The 3 year average ROIC (2.90%) for EGO is below the current ROIC(5.89%), indicating increased profibility in the last year.
Industry RankSector 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%
EGO Yearly ROA, ROE, ROICEGO Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -10 -20 -30 -40

1.3 Margins

Looking at the Profit Margin, with a value of 23.06%, EGO belongs to the top of the industry, outperforming 91.56% of the companies in the same industry.
In the last couple of years the Profit Margin of EGO has grown nicely.
With an excellent Operating Margin value of 33.97%, EGO belongs to the best of the industry, outperforming 88.31% of the companies in the same industry.
EGO's Operating Margin has improved in the last couple of years.
EGO has a better Gross Margin (40.37%) than 81.82% of its industry peers.
EGO's Gross Margin has improved in the last couple of years.
Industry RankSector 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%
EGO Yearly Profit, Operating, Gross MarginsEGO Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -100 -200 -300

4

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.
The number of shares outstanding for EGO has been increased compared to 1 year ago.
The number of shares outstanding for EGO has been increased compared to 5 years ago.
EGO has a worse debt/assets ratio than last year.
EGO Yearly Shares OutstandingEGO Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M
EGO Yearly Total Debt VS Total AssetsEGO Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B 5B

2.2 Solvency

Based on the Altman-Z score of 1.48, we must say that EGO is in the distress zone and has some risk of bankruptcy.
EGO has a worse Altman-Z score (1.48) than 68.18% of its industry peers.
The Debt to FCF ratio of EGO is 16.62, which is on the high side as it means it would take EGO, 16.62 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 16.62, EGO is doing good in the industry, outperforming 61.69% of the companies in the same industry.
EGO has a Debt/Equity ratio of 0.24. This is a healthy value indicating a solid balance between debt and equity.
EGO has a Debt to Equity ratio of 0.24. This is comparable to the rest of the industry: EGO outperforms 46.75% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.24
Debt/FCF 16.62
Altman-Z 1.48
ROIC/WACC0.72
WACC8.17%
EGO Yearly LT Debt VS Equity VS FCFEGO Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B 2B 3B

2.3 Liquidity

A Current Ratio of 3.12 indicates that EGO has no problem at all paying its short term obligations.
EGO has a Current ratio of 3.12. This is in the better half of the industry: EGO outperforms 66.23% of its industry peers.
A Quick Ratio of 2.53 indicates that EGO has no problem at all paying its short term obligations.
EGO has a better Quick ratio (2.53) than 68.18% of its industry peers.
Industry RankSector Rank
Current Ratio 3.12
Quick Ratio 2.53
EGO Yearly Current Assets VS Current LiabilitesEGO Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B

8

3. Growth

3.1 Past

EGO shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 90.91%, which is quite impressive.
Measured over the past years, EGO shows a very strong growth in Earnings Per Share. The EPS has been growing by 89.34% on average per year.
EGO shows a strong growth in Revenue. In the last year, the Revenue has grown by 36.90%.
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)90.91%
EPS 3Y31.64%
EPS 5Y89.34%
EPS Q2Q%3.7%
Revenue 1Y (TTM)36.9%
Revenue growth 3Y12.02%
Revenue growth 5Y16.44%
Sales Q2Q%37.71%

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 14.62% yearly.
Based on estimates for the next years, EGO will show a quite strong growth in Revenue. The Revenue will grow by 13.20% on average per year.
EPS Next Y9.23%
EPS Next 2Y32.48%
EPS Next 3Y23.36%
EPS Next 5Y14.62%
Revenue Next Year14.83%
Revenue Next 2Y26.59%
Revenue Next 3Y22.24%
Revenue Next 5Y13.2%

3.3 Evolution

Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of 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.
EGO Yearly Revenue VS EstimatesEGO Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 500M 1B 1.5B 2B 2.5B
EGO Yearly EPS VS EstimatesEGO Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 0 1 2 3

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4. Valuation

4.1 Price/Earnings Ratio

Based on the Price/Earnings ratio of 13.44, the valuation of EGO can be described as correct.
Compared to the rest of the industry, the Price/Earnings ratio of EGO indicates a rather cheap valuation: EGO is cheaper than 89.61% of the companies listed in the same industry.
EGO is valuated cheaply when we compare the Price/Earnings ratio to 27.50, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 7.71 indicates a rather cheap valuation of EGO.
85.71% 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 36.44.
Industry RankSector Rank
PE 13.44
Fwd PE 7.71
EGO Price Earnings VS Forward Price EarningsEGO Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, EGO is valued cheaply inside the industry as 84.42% of the companies are valued more expensively.
EGO's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. EGO is cheaper than 62.99% of the companies in the same industry.
Industry RankSector Rank
P/FCF 71.13
EV/EBITDA 6.74
EGO Per share dataEGO EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15

4.3 Compensation for Growth

EGO's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The excellent profitability rating of EGO may justify a higher PE ratio.
A more expensive valuation may be justified as EGO's earnings are expected to grow with 23.36% in the coming years.
PEG (NY)1.46
PEG (5Y)0.15
EPS Next 2Y32.48%
EPS Next 3Y23.36%

0

5. Dividend

5.1 Amount

EGO does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

ELDORADO GOLD CORP

NYSE:EGO (7/18/2025, 8:04:00 PM)

After market: 19.75 0 (0%)

19.75

-0.38 (-1.89%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)05-01 2025-05-01/amc
Earnings (Next)07-31 2025-07-31/amc
Inst Owners85.38%
Inst Owner Change0%
Ins Owners0.37%
Ins Owner ChangeN/A
Market Cap4.06B
Analysts72.31
Price Target23.61 (19.54%)
Short Float %1.58%
Short Ratio1.69
Dividend
Industry RankSector 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)4.1%
PT rev (3m)25.13%
EPS NQ rev (1m)12.63%
EPS NQ rev (3m)32.92%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)6.54%
Revenue NQ rev (3m)16.95%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.97%
Valuation
Industry RankSector Rank
PE 13.44
Fwd PE 7.71
P/S 2.86
P/FCF 71.13
P/OCF 5.89
P/B 1.02
P/tB 1.04
EV/EBITDA 6.74
EPS(TTM)1.47
EY7.44%
EPS(NY)2.56
Fwd EY12.97%
FCF(TTM)0.28
FCFY1.41%
OCF(TTM)3.35
OCFY16.97%
SpS6.91
BVpS19.43
TBVpS18.98
PEG (NY)1.46
PEG (5Y)0.15
Profitability
Industry RankSector 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 RankSector 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 1.48
F-Score6
WACC8.17%
ROIC/WACC0.72
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)90.91%
EPS 3Y31.64%
EPS 5Y89.34%
EPS Q2Q%3.7%
EPS Next Y9.23%
EPS Next 2Y32.48%
EPS Next 3Y23.36%
EPS Next 5Y14.62%
Revenue 1Y (TTM)36.9%
Revenue growth 3Y12.02%
Revenue growth 5Y16.44%
Sales Q2Q%37.71%
Revenue Next Year14.83%
Revenue Next 2Y26.59%
Revenue Next 3Y22.24%
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 5Y21.35%
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%