ELDORADO GOLD CORP (EGO) Stock Fundamental Analysis
USA - NYSE:EGO - CA2849021035 - Common Stock
26.78 USD
+0.51 (+1.94%)
27.1299 USD
+0.35 (+1.31%)
Taking everything into account, EGO scores 6 out of 10 in our fundamental rating. EGO was compared to 154 industry peers in the Metals & Mining industry. EGO has an excellent profitability rating, but there are concerns on its financial health. EGO is evaluated to be cheap and growing strongly. This does not happen too often!
1. Profitability
1.1 Basic Checks
In the past year EGO was profitable.
EGO had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: EGO reported negative net income in multiple years.
EGO had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 5.72%, EGO is doing good in the industry, outperforming 77.27% of the companies in the same industry.
Looking at the Return On Equity, with a value of 9.05%, EGO is in the better half of the industry, outperforming 73.38% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 7.45%, EGO is in the better half of the industry, outperforming 71.43% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for EGO is significantly below the industry average of 12.58%.
The last Return On Invested Capital (7.45%) for EGO is above the 3 year average (2.89%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.72% | ||
| ROE | 9.05% | ||
| ROIC | 7.45% |
ROA(3y)-0.29%
ROA(5y)-0.3%
ROE(3y)-0.21%
ROE(5y)-0.31%
ROIC(3y)2.89%
ROIC(5y)3.08%
1.3 Margins
EGO has a Profit Margin of 22.12%. This is amongst the best in the industry. EGO outperforms 87.01% of its industry peers.
EGO's Profit Margin has improved in the last couple of years.
EGO has a better Operating Margin (39.45%) than 90.91% 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 83.77% of the companies in the same industry.
In the last couple of years the Gross Margin of EGO has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 39.45% | ||
| PM (TTM) | 22.12% | ||
| GM | 45.8% |
OM growth 3Y12.53%
OM growth 5Y28.66%
PM growth 3YN/A
PM growth 5Y10.87%
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.
Compared to 1 year ago, EGO has more shares outstanding
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
EGO has an Altman-Z score of 1.73. This is a bad value and indicates that EGO is not financially healthy and even has some risk of bankruptcy.
EGO has a worse Altman-Z score (1.73) than 70.13% of its industry peers.
EGO has a Debt/Equity ratio of 0.31. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.31, EGO is doing worse than 64.94% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.73 |
ROIC/WACC0.94
WACC7.88%
2.3 Liquidity
A Current Ratio of 2.79 indicates that EGO has no problem at all paying its short term obligations.
EGO has a Current ratio of 2.79. This is comparable to the rest of the industry: EGO outperforms 57.14% of its industry peers.
A Quick Ratio of 2.28 indicates that EGO has no problem at all paying its short term obligations.
The Quick ratio of EGO (2.28) is better than 64.94% 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.
Measured over the past years, EGO shows a very strong growth in Earnings Per Share. The EPS has been growing by 89.34% on average per year.
The Revenue has grown by 40.85% in the past year. This is a very strong growth!
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 25.61% 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 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
A Price/Earnings ratio of 16.33 indicates a correct valuation of EGO.
Compared to the rest of the industry, the Price/Earnings ratio of EGO indicates a rather cheap valuation: EGO is cheaper than 86.36% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.83, EGO is valued a bit cheaper.
With a Price/Forward Earnings ratio of 6.22, the valuation of EGO can be described as very cheap.
94.81% of the companies in the same industry are more expensive than EGO, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 32.68, EGO is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.33 | ||
| Fwd PE | 6.22 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, EGO is valued cheaply inside the industry as 85.71% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 7.14 |
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.
The excellent profitability rating of EGO 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)0.82
PEG (5Y)0.18
EPS Next 2Y71.69%
EPS Next 3Y46.84%
5. Dividend
5.1 Amount
No dividends for EGO!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
26.78
+0.51 (+1.94%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners81.5%
Inst Owner Change0.34%
Ins Owners0.38%
Ins Owner ChangeN/A
Market Cap5.44B
Revenue(TTM)1.68B
Net Income(TTM)371.00M
Analysts72.31
Price Target30.72 (14.71%)
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)17.91%
PT rev (3m)30.08%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)5.68%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-7.1%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.33 | ||
| Fwd PE | 6.22 | ||
| P/S | 3.24 | ||
| P/FCF | N/A | ||
| P/OCF | 7.59 | ||
| P/B | 1.33 | ||
| P/tB | 1.36 | ||
| EV/EBITDA | 7.14 |
EPS(TTM)1.64
EY6.12%
EPS(NY)4.3
Fwd EY16.07%
FCF(TTM)-0.23
FCFYN/A
OCF(TTM)3.53
OCFY13.18%
SpS8.25
BVpS20.18
TBVpS19.72
PEG (NY)0.82
PEG (5Y)0.18
Graham Number27.29
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.72% | ||
| ROE | 9.05% | ||
| ROCE | 11.16% | ||
| ROIC | 7.45% | ||
| ROICexc | 7.45% | ||
| ROICexgc | 7.56% | ||
| OM | 39.45% | ||
| PM (TTM) | 22.12% | ||
| GM | 45.8% | ||
| FCFM | N/A |
ROA(3y)-0.29%
ROA(5y)-0.3%
ROE(3y)-0.21%
ROE(5y)-0.31%
ROIC(3y)2.89%
ROIC(5y)3.08%
ROICexc(3y)3.41%
ROICexc(5y)3.56%
ROICexgc(3y)3.48%
ROICexgc(5y)3.64%
ROCE(3y)4.33%
ROCE(5y)4.62%
ROICexgc growth 3Y24.23%
ROICexgc growth 5Y48.52%
ROICexc growth 3Y24.27%
ROICexc growth 5Y48.54%
OM growth 3Y12.53%
OM growth 5Y28.66%
PM growth 3YN/A
PM growth 5Y10.87%
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 | 289.02% | ||
| Cap/Sales | 45.49% | ||
| Interest Coverage | 30.08 | ||
| Cash Conversion | 77.45% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.79 | ||
| Quick Ratio | 2.28 | ||
| Altman-Z | 1.73 |
F-Score7
WACC7.88%
ROIC/WACC0.94
Cap/Depr(3y)168.27%
Cap/Depr(5y)144.12%
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 1Y104.02%
EBIT growth 3Y26.05%
EBIT growth 5Y49.82%
EBIT Next Year104.28%
EBIT Next 3Y48.91%
EBIT Next 5Y30.03%
FCF growth 1Y-31.67%
FCF growth 3Y-13.48%
FCF growth 5YN/A
OCF growth 1Y124.86%
OCF growth 3Y21.25%
OCF growth 5Y31.26%
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.