ELDORADO GOLD CORP (EGO)
CA2849021035 - Common Stock
Overall EGO gets a fundamental rating of 5 out of 10. We evaluated EGO against 157 industry peers in the Metals & Mining industry. EGO has a medium profitability rating, but doesn't score so well on its financial health evaluation. EGO is growing strongly while it is still valued neutral. This is a good combination!
1. Profitability
1.1 Basic Checks
EGO had positive earnings in the past year.
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 has a better Return On Assets (2.35%) than 63.06% of its industry peers.
EGO's Return On Equity of 3.32% is fine compared to the rest of the industry. EGO outperforms 61.15% of its industry peers.
EGO has a Return On Invested Capital (3.34%) which is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for EGO is significantly below the industry average of 8.91%.
The 3 year average ROIC (2.55%) for EGO is below the current ROIC(3.34%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.35% | ||
| ROE | 3.32% | ||
| ROIC | 3.34% |
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
With an excellent Profit Margin value of 11.47%, EGO belongs to the best of the industry, outperforming 82.80% of the companies in the same industry.
In the last couple of years the Profit Margin of EGO has remained more or less at the same level.
With a decent Operating Margin value of 19.57%, EGO is doing good in the industry, outperforming 77.07% of the companies in the same industry.
In the last couple of years the Operating Margin of EGO has declined.
Looking at the Gross Margin, with a value of 28.27%, EGO is in the better half of the industry, outperforming 70.06% of the companies in the same industry.
EGO's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.57% | ||
| PM (TTM) | 11.47% | ||
| GM | 28.27% |
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.
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
Based on the Altman-Z score of 1.11, we must say that EGO is in the distress zone and has some risk of bankruptcy.
EGO has a Altman-Z score of 1.11. This is in the lower half of the industry: EGO underperforms 68.79% of its industry peers.
A Debt/Equity ratio of 0.18 indicates that EGO is not too dependend on debt financing.
The Debt to Equity ratio of EGO (0.18) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.11 |
ROIC/WACC0.45
WACC7.42%
2.3 Liquidity
EGO has a Current Ratio of 3.50. This indicates that EGO is financially healthy and has no problem in meeting its short term obligations.
With a decent Current ratio value of 3.50, EGO is doing good in the industry, outperforming 70.06% of the companies in the same industry.
EGO has a Quick Ratio of 2.52. This indicates that EGO is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of EGO (2.52) is better than 68.15% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.5 | ||
| Quick Ratio | 2.52 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 236.67% over the past year.
EGO shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -15.19% yearly.
Looking at the last year, EGO shows a quite strong growth in Revenue. The Revenue has grown by 15.66% in the last year.
The Revenue has been growing by 17.05% on average over the past years. This is quite good.
EPS 1Y (TTM)236.67%
EPS 3Y-15.19%
EPS 5YN/A
EPS Q2Q%266.67%
Revenue 1Y (TTM)15.66%
Revenue growth 3Y-0.59%
Revenue growth 5Y17.05%
Sales Q2Q%29.27%
3.2 Future
EGO is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 32.70% yearly.
Based on estimates for the next years, EGO will show a quite strong growth in Revenue. The Revenue will grow by 13.67% on average per year.
EPS Next Y92.62%
EPS Next 2Y43.35%
EPS Next 3Y46.23%
EPS Next 5Y32.7%
Revenue Next Year27.18%
Revenue Next 2Y20.14%
Revenue Next 3Y15.82%
Revenue Next 5Y13.67%
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.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 15.85, which indicates a correct valuation of EGO.
76.43% of the companies in the same industry are more expensive than EGO, based on the Price/Earnings ratio.
EGO's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 24.41.
EGO is valuated correctly with a Price/Forward Earnings ratio of 12.77.
Compared to the rest of the industry, the Price/Forward Earnings ratio of EGO indicates a somewhat cheap valuation: EGO is cheaper than 69.43% of the companies listed in the same industry.
EGO is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 20.59, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.85 | ||
| Fwd PE | 12.77 |
4.2 Price Multiples
72.61% 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 | 7.26 |
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.
The decent profitability rating of EGO may justify a higher PE ratio.
EGO's earnings are expected to grow with 46.23% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.17
PEG (5Y)N/A
EPS Next 2Y43.35%
EPS Next 3Y46.23%
5. Dividend
5.1 Amount
EGO does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
ELDORADO GOLD CORP
NYSE:EGO (7/26/2024, 7:26:38 PM)
After market: 16.01 0 (0%)16.01
+0.32 (+2.04%)
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 Cap3.27B
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 | 15.85 | ||
| Fwd PE | 12.77 | ||
| 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)0.17
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.35% | ||
| ROE | 3.32% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 19.57% | ||
| PM (TTM) | 11.47% | ||
| GM | 28.27% | ||
| 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 | 3.5 | ||
| Quick Ratio | 2.52 | ||
| 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)
High Growth Momentum
Growth
EPS 1Y (TTM)236.67%
EPS 3Y-15.19%
EPS 5Y
EPS Q2Q%
EPS Next Y92.62%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)15.66%
Revenue growth 3Y-0.59%
Revenue growth 5Y
Sales 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