ELDORADO GOLD CORP (EGO) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:EGO - CA2849021035 - Common Stock
33.57 USD
+1.21 (+3.74%)
33.87 USD
+0.3 (+0.89%)
We assign a fundamental rating of 6 out of 10 to EGO. EGO was compared to 155 industry peers in the Metals & Mining industry. EGO has an excellent profitability rating, but there are 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.
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.
EGO had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
EGO has a better Return On Assets (5.73%) than 74.19% of its industry peers.
With a decent Return On Equity value of 9.06%, EGO is doing good in the industry, outperforming 69.68% of the companies in the same industry.
EGO has a better Return On Invested Capital (7.47%) than 68.39% of its industry peers.
The Average Return On Invested Capital over the past 3 years for EGO is significantly below the industry average of 13.15%.
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
The Profit Margin of EGO (22.14%) is better than 85.81% of its industry peers.
EGO's Profit Margin has improved in the last couple of years.
EGO has a better Operating Margin (39.44%) than 90.32% of its industry peers.
In the last couple of years the Operating Margin of EGO has grown nicely.
EGO has a Gross Margin of 45.80%. This is amongst the best in the industry. EGO outperforms 81.29% 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
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.
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.
2.2 Solvency
An Altman-Z score of 2.08 indicates that EGO is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of EGO (2.08) is worse than 65.81% of its industry peers.
EGO has a Debt/Equity ratio of 0.31. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of EGO (0.31) is worse than 65.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.08 |
ROIC/WACC0.83
WACC8.99%
2.3 Liquidity
EGO has a Current Ratio of 2.79. This indicates that EGO is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 2.79, EGO is in line with its industry, outperforming 56.77% of the companies in the same industry.
EGO has a Quick Ratio of 2.28. This indicates that EGO is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 2.28, EGO is in the better half of the industry, outperforming 63.23% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.79 | ||
| Quick Ratio | 2.28 |
3. Growth
3.1 Past
EGO shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 37.82%, which is quite impressive.
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 40.85% in the past year. This is a very strong growth!
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 Y16.22%
EPS Next 2Y76.13%
EPS Next 3Y53.27%
EPS Next 5Y25.5%
Revenue Next Year31.02%
Revenue Next 2Y47.49%
Revenue Next 3Y34.66%
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 20.47, EGO is valued on the expensive side.
Based on the Price/Earnings ratio, EGO is valued cheaply inside the industry as 81.94% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of EGO to the average of the S&P500 Index (26.59), we can say EGO is valued slightly cheaper.
EGO is valuated cheaply with a Price/Forward Earnings ratio of 7.41.
Based on the Price/Forward Earnings ratio, EGO is valued cheaper than 90.32% of the companies in the same industry.
EGO is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.80, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.47 | ||
| Fwd PE | 7.41 |
4.2 Price Multiples
81.29% of the companies in the same industry are more expensive than EGO, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.66 |
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 53.27% in the coming years.
PEG (NY)1.26
PEG (5Y)0.23
EPS Next 2Y76.13%
EPS Next 3Y53.27%
5. Dividend
5.1 Amount
EGO does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
33.57
+1.21 (+3.74%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners79.87%
Inst Owner Change-6.84%
Ins Owners0.38%
Ins Owner ChangeN/A
Market Cap6.75B
Revenue(TTM)1.68B
Net Income(TTM)371.44M
Analysts72.86
Price Target37.3 (11.11%)
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)21.44%
PT rev (3m)41.94%
EPS NQ rev (1m)-2.18%
EPS NQ rev (3m)3.13%
EPS NY rev (1m)-3.1%
EPS NY rev (3m)-0.44%
Revenue NQ rev (1m)11.1%
Revenue NQ rev (3m)7.38%
Revenue NY rev (1m)1.64%
Revenue NY rev (3m)21.68%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.47 | ||
| Fwd PE | 7.41 | ||
| P/S | 4.02 | ||
| P/FCF | N/A | ||
| P/OCF | 9.41 | ||
| P/B | 1.64 | ||
| P/tB | 1.68 | ||
| EV/EBITDA | 8.66 |
EPS(TTM)1.64
EY4.89%
EPS(NY)4.53
Fwd EY13.49%
FCF(TTM)-0.23
FCFYN/A
OCF(TTM)3.57
OCFY10.63%
SpS8.35
BVpS20.41
TBVpS19.95
PEG (NY)1.26
PEG (5Y)0.23
Graham Number27.44
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 | 2.08 |
F-Score7
WACC8.99%
ROIC/WACC0.83
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 Y16.22%
EPS Next 2Y76.13%
EPS Next 3Y53.27%
EPS Next 5Y25.5%
Revenue 1Y (TTM)40.85%
Revenue growth 3Y12.02%
Revenue growth 5Y16.44%
Sales Q2Q%31.04%
Revenue Next Year31.02%
Revenue Next 2Y47.49%
Revenue Next 3Y34.66%
Revenue Next 5Y13.2%
EBIT growth 1Y103.97%
EBIT growth 3Y26.11%
EBIT growth 5Y49.86%
EBIT Next Year105.17%
EBIT Next 3Y65.64%
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 16.22% in the next year.