ELDORADO GOLD CORP (EGO)
CA2849021035 - Common Stock
EGO gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 155 industry peers in the Metals & Mining industry. While EGO is still in line with the averages on profitability rating, there are concerns on its financial health. EGO is not overvalued while it is showing excellent growth. This is an interesting combination.
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.
In multiple years EGO reported negative net income over the last 5 years.
In the past 5 years EGO always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.10%, EGO is in the better half of the industry, outperforming 62.58% of the companies in the same industry.
Looking at the Return On Equity, with a value of 2.97%, EGO is in the better half of the industry, outperforming 61.29% of the companies in the same industry.
EGO has a Return On Invested Capital (2.95%) which is comparable to the rest of the industry.
EGO had an Average Return On Invested Capital over the past 3 years of 2.55%. This is significantly below the industry average of 9.26%.
The 3 year average ROIC (2.55%) for EGO is below the current ROIC(2.95%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.1% | ||
| ROE | 2.97% | ||
| ROIC | 2.95% |
ROA(3y)-2.87%
ROA(5y)-0.95%
ROE(3y)-3.96%
ROE(5y)-1.33%
ROIC(3y)2.55%
ROIC(5y)2.63%
1.3 Margins
The Profit Margin of EGO (10.37%) is better than 80.00% of its industry peers.
EGO's Profit Margin has been stable in the last couple of years.
EGO's Operating Margin of 17.42% is fine compared to the rest of the industry. EGO outperforms 75.48% of its industry peers.
In the last couple of years the Operating Margin of EGO has declined.
The Gross Margin of EGO (26.62%) is better than 68.39% of its industry peers.
EGO's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.42% | ||
| PM (TTM) | 10.37% | ||
| GM | 26.62% |
OM growth 3Y-12.21%
OM growth 5YN/A
PM growth 3Y0.64%
PM growth 5YN/A
GM growth 3Y-6.55%
GM growth 5Y7.83%
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.
Compared to 1 year ago, EGO has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.02, we must say that EGO is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.02, EGO is doing worse than 72.26% of the companies in the same industry.
A Debt/Equity ratio of 0.18 indicates that EGO is not too dependend on debt financing.
EGO has a Debt to Equity ratio of 0.18. This is comparable to the rest of the industry: EGO outperforms 47.10% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.02 |
ROIC/WACC0.4
WACC7.43%
2.3 Liquidity
EGO has a Current Ratio of 3.39. This indicates that EGO is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of EGO (3.39) is better than 69.03% of its industry peers.
A Quick Ratio of 2.53 indicates that EGO has no problem at all paying its short term obligations.
With a decent Quick ratio value of 2.53, EGO is doing good in the industry, outperforming 68.39% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.39 | ||
| Quick Ratio | 2.53 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 662.50% over the past year.
Measured over the past years, EGO shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -15.19% on average per year.
EGO shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 15.66%.
EGO shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 17.05% yearly.
EPS 1Y (TTM)662.5%
EPS 3Y-15.19%
EPS 5YN/A
EPS growth Q2Q71.43%
Revenue 1Y (TTM)15.66%
Revenue growth 3Y-0.59%
Revenue growth 5Y17.05%
Revenue growth Q2Q23.51%
3.2 Future
The Earnings Per Share is expected to grow by 29.74% 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 13.54% yearly.
EPS Next Y21.32%
EPS Next 2Y20.1%
EPS Next 3Y39.11%
EPS Next 5Y29.74%
Revenue Next Year17.96%
Revenue Next 2Y13.87%
Revenue Next 3Y21.16%
Revenue Next 5Y13.54%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 24.43, the valuation of EGO can be described as rather expensive.
66.45% of the companies in the same industry are more expensive than EGO, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 24.80, EGO is valued at the same level.
The Price/Forward Earnings ratio is 20.13, which indicates a rather expensive current valuation of EGO.
Based on the Price/Forward Earnings ratio, EGO is valued a bit cheaper than 61.94% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of EGO to the average of the S&P500 Index (21.27), we can say EGO is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.43 | ||
| Fwd PE | 20.13 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, EGO is valued a bit cheaper than 72.90% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 7.14 |
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 a very decent profitability rating, which may justify a higher PE ratio.
EGO's earnings are expected to grow with 39.11% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.15
PEG (5Y)N/A
EPS Next 2Y20.1%
EPS Next 3Y39.11%
5. Dividend
5.1 Amount
No dividends for EGO!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
ELDORADO GOLD CORP
NYSE:EGO (4/18/2024, 7:04:00 PM)
After market: 14.9 0 (0%)14.9
-0.06 (-0.4%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap3.04B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.43 | ||
| Fwd PE | 20.13 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)1.15
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.1% | ||
| ROE | 2.97% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 17.42% | ||
| PM (TTM) | 10.37% | ||
| GM | 26.62% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.2
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 3.39 | ||
| Quick Ratio | 2.53 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)662.5%
EPS 3Y-15.19%
EPS 5Y
EPS growth Q2Q
EPS Next Y21.32%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)15.66%
Revenue growth 3Y-0.59%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y