EQUINOX GOLD CORP (EQX.CA) Stock Fundamental Analysis
Canada - TSX:EQX - CA29446Y5020 - Common Stock
17.59 CAD
+0.1 (+0.57%)
Taking everything into account, EQX scores 5 out of 10 in our fundamental rating. EQX was compared to 799 industry peers in the Metals & Mining industry. EQX has an excellent profitability rating, but there are concerns on its financial health. EQX is evaluated to be cheap and growing strongly. This does not happen too often!
1. Profitability
1.1 Basic Checks
In the past year EQX was profitable.
In the past year EQX had a positive cash flow from operations.
EQX had positive earnings in 4 of the past 5 years.
Each year in the past 5 years EQX had a positive operating cash flow.
1.2 Ratios
EQX has a better Return On Assets (0.47%) than 84.73% of its industry peers.
EQX has a better Return On Equity (0.88%) than 85.48% of its industry peers.
With an excellent Return On Invested Capital value of 2.10%, EQX belongs to the best of the industry, outperforming 89.24% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for EQX is significantly below the industry average of 12.43%.
The last Return On Invested Capital (2.10%) for EQX is above the 3 year average (0.99%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.47% | ||
| ROE | 0.88% | ||
| ROIC | 2.1% |
ROA(3y)0.99%
ROA(5y)3.56%
ROE(3y)2.22%
ROE(5y)5.93%
ROIC(3y)0.99%
ROIC(5y)1.95%
1.3 Margins
EQX's Profit Margin of 2.45% is amongst the best of the industry. EQX outperforms 89.36% of its industry peers.
EQX's Profit Margin has declined in the last couple of years.
EQX's Operating Margin of 18.29% is amongst the best of the industry. EQX outperforms 92.12% of its industry peers.
EQX's Operating Margin has declined in the last couple of years.
With an excellent Gross Margin value of 40.73%, EQX belongs to the best of the industry, outperforming 93.24% of the companies in the same industry.
EQX's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.29% | ||
| PM (TTM) | 2.45% | ||
| GM | 40.73% |
OM growth 3Y1.42%
OM growth 5Y-4.29%
PM growth 3Y-24.11%
PM growth 5YN/A
GM growth 3Y-4.28%
GM growth 5Y-4.45%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), EQX is destroying value.
Compared to 1 year ago, EQX has more shares outstanding
Compared to 5 years ago, EQX has more shares outstanding
Compared to 1 year ago, EQX has a worse debt to assets ratio.
2.2 Solvency
EQX has an Altman-Z score of 1.64. This is a bad value and indicates that EQX is not financially healthy and even has some risk of bankruptcy.
EQX has a Altman-Z score (1.64) which is comparable to the rest of the industry.
The Debt to FCF ratio of EQX is 12.57, which is on the high side as it means it would take EQX, 12.57 years of fcf income to pay off all of its debts.
EQX has a Debt to FCF ratio of 12.57. This is amongst the best in the industry. EQX outperforms 89.24% of its industry peers.
A Debt/Equity ratio of 0.34 indicates that EQX is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.34, EQX is not doing good in the industry: 71.84% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 12.57 | ||
| Altman-Z | 1.64 |
ROIC/WACC0.25
WACC8.55%
2.3 Liquidity
EQX has a Current Ratio of 0.94. This is a bad value and indicates that EQX is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.94, EQX is not doing good in the industry: 63.33% of the companies in the same industry are doing better.
A Quick Ratio of 0.53 indicates that EQX may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.53, EQX is doing worse than 69.21% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.94 | ||
| Quick Ratio | 0.53 |
3. Growth
3.1 Past
EQX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 680.00%, which is quite impressive.
EQX shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -18.64% yearly.
The Revenue has grown by 39.14% in the past year. This is a very strong growth!
The Revenue has been growing by 39.98% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)680%
EPS 3Y-18.64%
EPS 5YN/A
EPS Q2Q%111.11%
Revenue 1Y (TTM)39.14%
Revenue growth 3Y11.84%
Revenue growth 5Y39.98%
Sales Q2Q%91.18%
3.2 Future
EQX is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 45.01% yearly.
EQX is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 14.93% yearly.
EPS Next Y77.15%
EPS Next 2Y121.64%
EPS Next 3Y86.23%
EPS Next 5Y45.01%
Revenue Next Year60.38%
Revenue Next 2Y55.38%
Revenue Next 3Y34.1%
Revenue Next 5Y14.93%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
EQX is valuated quite expensively with a Price/Earnings ratio of 31.98.
Compared to the rest of the industry, the Price/Earnings ratio of EQX indicates a rather cheap valuation: EQX is cheaper than 89.24% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.51, EQX is valued a bit more expensive.
Based on the Price/Forward Earnings ratio of 12.16, the valuation of EQX can be described as correct.
EQX's Price/Forward Earnings ratio is rather cheap when compared to the industry. EQX is cheaper than 91.61% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of EQX to the average of the S&P500 Index (34.98), we can say EQX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.98 | ||
| Fwd PE | 12.16 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of EQX indicates a rather cheap valuation: EQX is cheaper than 91.24% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, EQX is valued cheaper than 90.99% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 59.13 | ||
| EV/EBITDA | 17 |
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.
EQX has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as EQX's earnings are expected to grow with 86.23% in the coming years.
PEG (NY)0.41
PEG (5Y)N/A
EPS Next 2Y121.64%
EPS Next 3Y86.23%
5. Dividend
5.1 Amount
No dividends for EQX!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX:EQX (11/18/2025, 7:00:00 PM)
17.59
+0.1 (+0.57%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners55.51%
Inst Owner ChangeN/A
Ins Owners3.86%
Ins Owner ChangeN/A
Market Cap13.77B
Revenue(TTM)1.51B
Net Income(TTM)46.63M
Analysts80
Price Target27.14 (54.29%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)261.18%
Min EPS beat(2)-155.58%
Max EPS beat(2)677.94%
EPS beat(4)1
Avg EPS beat(4)119.2%
Min EPS beat(4)-155.58%
Max EPS beat(4)677.94%
EPS beat(8)5
Avg EPS beat(8)146.29%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-5.39%
Min Revenue beat(2)-7.44%
Max Revenue beat(2)-3.34%
Revenue beat(4)1
Avg Revenue beat(4)-3.41%
Min Revenue beat(4)-7.44%
Max Revenue beat(4)0.27%
Revenue beat(8)1
Avg Revenue beat(8)-6.82%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)73.66%
PT rev (3m)67.31%
EPS NQ rev (1m)6.25%
EPS NQ rev (3m)-13.92%
EPS NY rev (1m)-5.21%
EPS NY rev (3m)-59.84%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)24.89%
Revenue NY rev (1m)2.15%
Revenue NY rev (3m)6.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.98 | ||
| Fwd PE | 12.16 | ||
| P/S | 5.15 | ||
| P/FCF | 59.13 | ||
| P/OCF | 17.08 | ||
| P/B | 1.86 | ||
| P/tB | 1.86 | ||
| EV/EBITDA | 17 |
EPS(TTM)0.55
EY3.13%
EPS(NY)1.45
Fwd EY8.23%
FCF(TTM)0.3
FCFY1.69%
OCF(TTM)1.03
OCFY5.85%
SpS3.41
BVpS9.48
TBVpS9.48
PEG (NY)0.41
PEG (5Y)N/A
Graham Number10.83
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.47% | ||
| ROE | 0.88% | ||
| ROCE | 3.9% | ||
| ROIC | 2.1% | ||
| ROICexc | 2.21% | ||
| ROICexgc | 2.21% | ||
| OM | 18.29% | ||
| PM (TTM) | 2.45% | ||
| GM | 40.73% | ||
| FCFM | 8.71% |
ROA(3y)0.99%
ROA(5y)3.56%
ROE(3y)2.22%
ROE(5y)5.93%
ROIC(3y)0.99%
ROIC(5y)1.95%
ROICexc(3y)1.04%
ROICexc(5y)2.21%
ROICexgc(3y)1.04%
ROICexgc(5y)2.21%
ROCE(3y)1.84%
ROCE(5y)3.63%
ROICexgc growth 3Y-8.65%
ROICexgc growth 5Y-13.76%
ROICexc growth 3Y-8.65%
ROICexc growth 5Y-13.76%
OM growth 3Y1.42%
OM growth 5Y-4.29%
PM growth 3Y-24.11%
PM growth 5YN/A
GM growth 3Y-4.28%
GM growth 5Y-4.45%
F-Score6
Asset Turnover0.19
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 12.57 | ||
| Debt/EBITDA | 2.67 | ||
| Cap/Depr | 125.73% | ||
| Cap/Sales | 21.44% | ||
| Interest Coverage | 2.69 | ||
| Cash Conversion | 85.31% | ||
| Profit Quality | 356.06% | ||
| Current Ratio | 0.94 | ||
| Quick Ratio | 0.53 | ||
| Altman-Z | 1.64 |
F-Score6
WACC8.55%
ROIC/WACC0.25
Cap/Depr(3y)240.75%
Cap/Depr(5y)202.16%
Cap/Sales(3y)44.6%
Cap/Sales(5y)37.26%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)680%
EPS 3Y-18.64%
EPS 5YN/A
EPS Q2Q%111.11%
EPS Next Y77.15%
EPS Next 2Y121.64%
EPS Next 3Y86.23%
EPS Next 5Y45.01%
Revenue 1Y (TTM)39.14%
Revenue growth 3Y11.84%
Revenue growth 5Y39.98%
Sales Q2Q%91.18%
Revenue Next Year60.38%
Revenue Next 2Y55.38%
Revenue Next 3Y34.1%
Revenue Next 5Y14.93%
EBIT growth 1Y772%
EBIT growth 3Y13.43%
EBIT growth 5Y33.98%
EBIT Next Year105.26%
EBIT Next 3Y63.35%
EBIT Next 5Y32.54%
FCF growth 1Y162.24%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y118.53%
OCF growth 3Y5.08%
OCF growth 5Y44.19%
EQUINOX GOLD CORP / EQX.CA FAQ
What is the ChartMill fundamental rating of EQUINOX GOLD CORP (EQX.CA) stock?
ChartMill assigns a fundamental rating of 5 / 10 to EQX.CA.
What is the valuation status of EQUINOX GOLD CORP (EQX.CA) stock?
ChartMill assigns a valuation rating of 8 / 10 to EQUINOX GOLD CORP (EQX.CA). This can be considered as Undervalued.
What is the profitability of EQX stock?
EQUINOX GOLD CORP (EQX.CA) has a profitability rating of 7 / 10.
Can you provide the expected EPS growth for EQX stock?
The Earnings per Share (EPS) of EQUINOX GOLD CORP (EQX.CA) is expected to grow by 77.15% in the next year.