ELDORADO GOLD CORP (EGO)

CA2849021035 - Common Stock

10.59  -0.68 (-6.03%)

After market: 10.55 -0.04 (-0.38%)

Fundamental Rating

5

Taking everything into account, EGO scores 5 out of 10 in our fundamental rating. EGO was compared to 156 industry peers in the Metals & Mining industry. Both the profitability and the financial health of EGO get a neutral evaluation. Nothing too spectacular is happening here. EGO is growing strongly while it is still valued neutral. This is a good combination!



4

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.
In multiple years EGO reported negative net income over the last 5 years.
Of the past 5 years EGO 4 years had a positive operating cash flow.

1.2 Ratios

EGO has a Return On Assets of 1.01%. This is comparable to the rest of the industry: EGO outperforms 56.41% of its industry peers.
EGO has a Return On Equity (1.42%) which is in line with its industry peers.
EGO's Return On Invested Capital of 2.13% is in line compared to the rest of the industry. EGO outperforms 52.56% of its industry peers.
The Average Return On Invested Capital over the past 3 years for EGO is significantly below the industry average of 8.83%.
Industry RankSector Rank
ROA 1.01%
ROE 1.42%
ROIC 2.13%
ROA(3y)-2.85%
ROA(5y)-2.93%
ROE(3y)-3.99%
ROE(5y)-4.12%
ROIC(3y)3.07%
ROIC(5y)N/A

1.3 Margins

EGO has a better Profit Margin (5.09%) than 69.87% of its industry peers.
EGO's Operating Margin of 13.07% is fine compared to the rest of the industry. EGO outperforms 70.51% of its industry peers.
In the last couple of years the Operating Margin of EGO has grown nicely.
EGO has a better Gross Margin (23.09%) than 66.03% of its industry peers.
In the last couple of years the Gross Margin of EGO has declined.
Industry RankSector Rank
OM 13.07%
PM (TTM) 5.09%
GM 23.09%
OM growth 3Y-6.34%
OM growth 5Y23.43%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.07%
GM growth 5Y-9.32%

4

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), EGO is destroying value.
There is no outstanding debt for EGO. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.

2.2 Solvency

Based on the Altman-Z score of 0.67, we must say that EGO is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of EGO (0.67) is worse than 76.28% of its industry peers.
A Debt/Equity ratio of 0.18 indicates that EGO is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.18, EGO perfoms like the industry average, outperforming 51.28% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.18
Debt/FCF N/A
Altman-Z 0.67
ROIC/WACC0.29
WACC7.45%

2.3 Liquidity

A Current Ratio of 4.00 indicates that EGO has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 4.00, EGO is in the better half of the industry, outperforming 69.87% of the companies in the same industry.
EGO has a Quick Ratio of 2.89. 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 2.89, EGO is in the better half of the industry, outperforming 69.23% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 4
Quick Ratio 2.89

7

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 537.50% over the past year.
The Earnings Per Share has been decreasing by -4.36% on average over the past years.
Looking at the last year, EGO shows a quite strong growth in Revenue. The Revenue has grown by 9.21% in the last year.
EGO shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 17.38% yearly.
EPS 1Y (TTM)537.5%
EPS 3Y10.06%
EPS 5Y-4.36%
EPS growth Q2Q525%
Revenue 1Y (TTM)9.21%
Revenue growth 3Y12.17%
Revenue growth 5Y17.38%
Revenue growth Q2Q12.66%

3.2 Future

The Earnings Per Share is expected to grow by 90.55% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 16.03% on average over the next years. This is quite good.
EPS Next Y592.97%
EPS Next 2Y195.58%
EPS Next 3Y131.6%
EPS Next 5Y90.55%
Revenue Next Year14.39%
Revenue Next 2Y14.89%
Revenue Next 3Y14.54%
Revenue Next 5Y16.03%

3.3 Evolution

The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.

5

4. Valuation

4.1 Price/Earnings Ratio

With a Price/Earnings ratio of 20.76, EGO is valued on the expensive side.
62.82% of the companies in the same industry are more expensive than EGO, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 26.35. EGO is valued slightly cheaper when compared to this.
The Price/Forward Earnings ratio is 15.15, which indicates a correct valuation of EGO.
Based on the Price/Forward Earnings ratio, EGO is valued a bit cheaper than 61.54% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 21.63. EGO is valued slightly cheaper when compared to this.
Industry RankSector Rank
PE 20.76
Fwd PE 15.15

4.2 Price Multiples

76.92% of the companies in the same industry are more expensive than EGO, based on the Enterprise Value to EBITDA ratio.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 6.19

4.3 Compensation for Growth

The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as EGO's earnings are expected to grow with 131.60% in the coming years.
PEG (NY)0.04
PEG (5Y)N/A
EPS Next 2Y195.58%
EPS Next 3Y131.6%

0

5. Dividend

5.1 Amount

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

ELDORADO GOLD CORP

NYSE:EGO (2/23/2024, 7:04:00 PM)

After market: 10.55 -0.04 (-0.38%)

10.59

-0.68 (-6.03%)

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 Cap2.15B
Analysts
Price Target
Dividend
Industry RankSector 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 RankSector Rank
PE 20.76
Fwd PE 15.15
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)0.04
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 1.01%
ROE 1.42%
ROCE
ROIC
ROICexc
ROICexgc
OM 13.07%
PM (TTM) 5.09%
GM 23.09%
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 RankSector Rank
Debt/Equity 0.18
Debt/FCF
Debt/EBITDA
Cap/Depr
Cap/Sales
Interest Coverage
Cash Conversion
Profit Quality
Current Ratio 4
Quick Ratio 2.89
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)537.5%
EPS 3Y10.06%
EPS 5Y
EPS growth Q2Q
EPS Next Y592.97%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)9.21%
Revenue growth 3Y12.17%
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