ELDORADO GOLD CORP (EGO) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:EGO - CA2849021035 - Common Stock
40.12 USD
+1.84 (+4.81%)
40.43 USD
+0.31 (+0.77%)
We assign a fundamental rating of 6 out of 10 to EGO. EGO was compared to 157 industry peers in the Metals & Mining industry. EGO has an excellent profitability rating, but there are concerns on its financial health. EGO is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one!
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.
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
EGO's Return On Assets of 5.73% is fine compared to the rest of the industry. EGO outperforms 75.16% of its industry peers.
EGO has a Return On Equity of 9.06%. This is in the better half of the industry: EGO outperforms 70.70% of its industry peers.
EGO has a Return On Invested Capital of 7.47%. This is in the better half of the industry: EGO outperforms 68.15% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for EGO is significantly below the industry average of 10.34%.
The 3 year average ROIC (2.90%) for EGO is below the current ROIC(7.47%), indicating increased profibility in the last year.
| 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 85.35% of its industry peers.
In the last couple of years the Profit Margin of EGO has grown nicely.
EGO has a Operating Margin of 39.44%. This is amongst the best in the industry. EGO outperforms 89.81% of its industry peers.
EGO's Operating Margin has improved in the last couple of years.
With an excellent Gross Margin value of 45.80%, EGO belongs to the best of the industry, outperforming 80.89% of the companies in the same industry.
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), EGO is destroying value.
The number of shares outstanding for EGO has been increased compared to 1 year ago.
Compared to 5 years ago, EGO has more shares outstanding
Compared to 1 year ago, EGO has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.32 indicates that EGO is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.32, EGO is doing worse than 66.24% of the companies in the same industry.
EGO has a Debt/Equity ratio of 0.31. This is a healthy value indicating a solid balance between debt and equity.
EGO has a worse Debt to Equity ratio (0.31) than 63.06% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.32 |
ROIC/WACC0.84
WACC8.87%
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.
EGO's Current ratio of 2.79 is in line compared to the rest of the industry. EGO outperforms 57.96% of its industry peers.
A Quick Ratio of 2.28 indicates that EGO has no problem at all paying 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 63.06% 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.
The Earnings Per Share has been growing by 89.34% on average over the past years. This is a very strong growth
Looking at the last year, EGO shows a very strong growth in Revenue. The Revenue has grown by 40.85%.
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)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
Based on estimates for the next years, EGO will show a very strong growth in Earnings Per Share. The EPS will grow by 26.49% on average per year.
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 Y16.45%
EPS Next 2Y75.91%
EPS Next 3Y53.27%
EPS Next 5Y26.49%
Revenue Next Year31.55%
Revenue Next 2Y47.62%
Revenue Next 3Y34.87%
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
Based on the Price/Earnings ratio of 24.46, the valuation of EGO can be described as rather expensive.
Based on the Price/Earnings ratio, EGO is valued a bit cheaper than the industry average as 79.62% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 27.25, EGO is valued at the same level.
Based on the Price/Forward Earnings ratio of 8.88, the valuation of EGO can be described as reasonable.
Based on the Price/Forward Earnings ratio, EGO is valued cheaper than 90.45% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.98. EGO is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.46 | ||
| Fwd PE | 8.88 |
4.2 Price Multiples
80.25% 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 | 9.68 |
4.3 Compensation for Growth
EGO's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
EGO has an outstanding profitability rating, which 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)1.49
PEG (5Y)0.27
EPS Next 2Y75.91%
EPS Next 3Y53.27%
5. Dividend
5.1 Amount
EGO does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
40.12
+1.84 (+4.81%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners80.24%
Inst Owner Change-0.01%
Ins Owners0.38%
Ins Owner ChangeN/A
Market Cap8.06B
Revenue(TTM)1.68B
Net Income(TTM)371.44M
Analysts72.86
Price Target38.52 (-3.99%)
Short Float %3.14%
Short Ratio3.54
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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)3.26%
PT rev (3m)45.98%
EPS NQ rev (1m)1.12%
EPS NQ rev (3m)4.28%
EPS NY rev (1m)0.2%
EPS NY rev (3m)0.87%
Revenue NQ rev (1m)-2.22%
Revenue NQ rev (3m)5%
Revenue NY rev (1m)0.4%
Revenue NY rev (3m)18.12%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.46 | ||
| Fwd PE | 8.88 | ||
| P/S | 4.81 | ||
| P/FCF | N/A | ||
| P/OCF | 11.25 | ||
| P/B | 1.97 | ||
| P/tB | 2.01 | ||
| EV/EBITDA | 9.68 |
EPS(TTM)1.64
EY4.09%
EPS(NY)4.52
Fwd EY11.26%
FCF(TTM)-0.23
FCFYN/A
OCF(TTM)3.57
OCFY8.89%
SpS8.35
BVpS20.41
TBVpS19.95
PEG (NY)1.49
PEG (5Y)0.27
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 | 2.32 |
F-Score7
WACC8.87%
ROIC/WACC0.84
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 Y16.45%
EPS Next 2Y75.91%
EPS Next 3Y53.27%
EPS Next 5Y26.49%
Revenue 1Y (TTM)40.85%
Revenue growth 3Y12.02%
Revenue growth 5Y16.44%
Sales Q2Q%31.04%
Revenue Next Year31.55%
Revenue Next 2Y47.62%
Revenue Next 3Y34.87%
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 5Y31.42%
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.
Can you provide the valuation status for ELDORADO GOLD CORP?
ChartMill assigns a valuation rating of 6 / 10 to ELDORADO GOLD CORP (EGO). This can be considered as Fairly Valued.
How profitable is ELDORADO GOLD CORP (EGO) stock?
ELDORADO GOLD CORP (EGO) has a profitability rating of 8 / 10.
Can you provide the expected EPS growth for EGO stock?
The Earnings per Share (EPS) of ELDORADO GOLD CORP (EGO) is expected to grow by 16.45% in the next year.
Is the dividend of ELDORADO GOLD CORP sustainable?
The dividend rating of ELDORADO GOLD CORP (EGO) is 0 / 10 and the dividend payout ratio is 0%.