ELDORADO GOLD CORP (EGO) Stock Fundamental Analysis
USA - NYSE:EGO - CA2849021035 - Common Stock
27.5 USD
-0.41 (-1.47%)
27.59 USD
+0.09 (+0.33%)
EGO gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 154 industry peers in the Metals & Mining industry. While EGO has a great profitability rating, there are quite some concerns on its financial health. EGO is growing strongly while it also seems undervalued. This is an interesting combination
1. Profitability
1.1 Basic Checks
In the past year EGO was profitable.
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
EGO has a better Return On Assets (5.73%) than 74.68% of its industry peers.
With a decent Return On Equity value of 9.06%, EGO is doing good in the industry, outperforming 70.78% of the companies in the same industry.
EGO has a better Return On Invested Capital (7.47%) than 69.48% of its industry peers.
The Average Return On Invested Capital over the past 3 years for EGO is significantly below the industry average of 12.85%.
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
EGO has a Profit Margin of 22.14%. This is amongst the best in the industry. EGO outperforms 86.36% of its industry peers.
EGO's Profit Margin has improved in the last couple of years.
EGO has a Operating Margin of 39.44%. This is amongst the best in the industry. EGO outperforms 90.26% of its industry peers.
In the last couple of years the Operating Margin of EGO has grown nicely.
Looking at the Gross Margin, with a value of 45.80%, EGO belongs to the top of the industry, outperforming 81.82% 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
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.
Compared to 1 year ago, EGO has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 1.81 indicates that EGO is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 1.81, EGO is not doing good in the industry: 69.48% of the companies in the same industry are doing better.
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 65.58% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.81 |
ROIC/WACC0.9
WACC8.27%
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 has a Current ratio of 2.79. This is comparable to the rest of the industry: EGO outperforms 55.84% of its industry peers.
A Quick Ratio of 2.28 indicates that EGO has no problem at all paying its short term obligations.
EGO has a Quick ratio of 2.28. This is in the better half of the industry: EGO outperforms 64.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.79 | ||
| Quick Ratio | 2.28 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 37.82% over the past year.
EGO shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 89.34% yearly.
Looking at the last year, EGO shows a very strong growth in Revenue. The Revenue has grown by 40.85%.
Measured over the past years, EGO shows a quite strong growth in Revenue. The Revenue has been growing by 16.44% on average per year.
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
EGO is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 25.61% 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 Y19.94%
EPS Next 2Y71.69%
EPS Next 3Y46.84%
EPS Next 5Y25.61%
Revenue Next Year28.92%
Revenue Next 2Y43.38%
Revenue Next 3Y21.99%
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.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 16.77, EGO is valued correctly.
85.71% of the companies in the same industry are more expensive than EGO, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of EGO to the average of the S&P500 Index (25.89), we can say EGO is valued slightly cheaper.
A Price/Forward Earnings ratio of 6.39 indicates a rather cheap valuation of EGO.
94.16% of the companies in the same industry are more expensive than EGO, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 34.59. EGO is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.77 | ||
| Fwd PE | 6.39 |
4.2 Price Multiples
83.77% 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 | 7.5 |
4.3 Compensation for Growth
EGO's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
EGO has an outstanding profitability rating, which may justify a higher PE ratio.
EGO's earnings are expected to grow with 46.84% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.84
PEG (5Y)0.19
EPS Next 2Y71.69%
EPS Next 3Y46.84%
5. Dividend
5.1 Amount
EGO does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
27.5
-0.41 (-1.47%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners81.5%
Inst Owner Change-7.14%
Ins Owners0.38%
Ins Owner ChangeN/A
Market Cap5.59B
Revenue(TTM)1.68B
Net Income(TTM)371.44M
Analysts72.31
Price Target30.53 (11.02%)
Short Float %2.02%
Short Ratio1.89
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)15.72%
PT rev (3m)13.7%
EPS NQ rev (1m)6.45%
EPS NQ rev (3m)7.84%
EPS NY rev (1m)3.9%
EPS NY rev (3m)9.8%
Revenue NQ rev (1m)1.89%
Revenue NQ rev (3m)-2.31%
Revenue NY rev (1m)15.75%
Revenue NY rev (3m)7.54%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.77 | ||
| Fwd PE | 6.39 | ||
| P/S | 3.33 | ||
| P/FCF | N/A | ||
| P/OCF | 7.8 | ||
| P/B | 1.36 | ||
| P/tB | 1.39 | ||
| EV/EBITDA | 7.5 |
EPS(TTM)1.64
EY5.96%
EPS(NY)4.3
Fwd EY15.65%
FCF(TTM)-0.23
FCFYN/A
OCF(TTM)3.53
OCFY12.83%
SpS8.25
BVpS20.18
TBVpS19.72
PEG (NY)0.84
PEG (5Y)0.19
Graham Number27.29
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 | 1.81 |
F-Score7
WACC8.27%
ROIC/WACC0.9
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 Y19.94%
EPS Next 2Y71.69%
EPS Next 3Y46.84%
EPS Next 5Y25.61%
Revenue 1Y (TTM)40.85%
Revenue growth 3Y12.02%
Revenue growth 5Y16.44%
Sales Q2Q%31.04%
Revenue Next Year28.92%
Revenue Next 2Y43.38%
Revenue Next 3Y21.99%
Revenue Next 5Y13.2%
EBIT growth 1Y103.97%
EBIT growth 3Y26.11%
EBIT growth 5Y49.86%
EBIT Next Year104.28%
EBIT Next 3Y48.91%
EBIT Next 5Y30.03%
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 19.94% in the next year.