EQUINOX GOLD CORP (EQX) Stock Fundamental Analysis
USA - NYSEARCA:EQX - CA29446Y5020 - Common Stock
11.71 USD
+0.3 (+2.63%)
11.6311 USD
-0.08 (-0.67%)
Taking everything into account, EQX scores 4 out of 10 in our fundamental rating. EQX was compared to 154 industry peers in the Metals & Mining industry. While EQX is still in line with the averages on profitability rating, there are concerns on its financial health. EQX is growing strongly while it is still valued neutral. This is a good combination!
1. Profitability
1.1 Basic Checks
EQX had positive earnings in the past year.
In the past year EQX had a positive cash flow from operations.
Of the past 5 years EQX 4 years were profitable.
In the past 5 years EQX always reported a positive cash flow from operatings.
1.2 Ratios
EQX has a Return On Assets (0.47%) which is comparable to the rest of the industry.
EQX's Return On Equity of 0.88% is fine compared to the rest of the industry. EQX outperforms 60.39% of its industry peers.
EQX's Return On Invested Capital of 3.08% is in line compared to the rest of the industry. EQX outperforms 59.09% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for EQX is significantly below the industry average of 12.58%.
The 3 year average ROIC (1.45%) for EQX is below the current ROIC(3.08%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.47% | ||
| ROE | 0.88% | ||
| ROIC | 3.08% |
ROA(3y)0.99%
ROA(5y)3.56%
ROE(3y)2.22%
ROE(5y)5.93%
ROIC(3y)1.45%
ROIC(5y)2.87%
1.3 Margins
EQX has a better Profit Margin (2.45%) than 65.58% of its industry peers.
EQX's Profit Margin has declined in the last couple of years.
EQX has a better Operating Margin (18.29%) than 72.73% of its industry peers.
EQX's Operating Margin has declined in the last couple of years.
The Gross Margin of EQX (40.73%) is better than 78.57% of its industry peers.
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.
The number of shares outstanding for EQX has been increased compared to 1 year ago.
Compared to 5 years ago, EQX has more shares outstanding
EQX has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.52, we must say that EQX is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of EQX (1.52) is worse than 72.73% of its industry peers.
EQX has a debt to FCF ratio of 12.57. This is a negative value and a sign of low solvency as EQX would need 12.57 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 12.57, EQX is in the better half of the industry, outperforming 61.04% of the companies in the same industry.
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: 69.48% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 12.57 | ||
| Altman-Z | 1.52 |
ROIC/WACC0.36
WACC8.62%
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: 84.42% of the companies in the same industry are doing better.
EQX has a Quick 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.
Looking at the Quick ratio, with a value of 0.53, EQX is doing worse than 87.66% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.94 | ||
| Quick Ratio | 0.53 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 680.00% over the past year.
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!
Measured over the past years, EQX shows a very strong growth in Revenue. The Revenue has been growing by 39.98% on average per year.
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.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
EQX is valuated quite expensively with a Price/Earnings ratio of 30.03.
67.53% of the companies in the same industry are more expensive than EQX, based on the Price/Earnings ratio.
EQX is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 25.83, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 11.35 indicates a reasonable valuation of EQX.
Compared to the rest of the industry, the Price/Forward Earnings ratio of EQX indicates a somewhat cheap valuation: EQX is cheaper than 77.27% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 32.68, EQX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.03 | ||
| Fwd PE | 11.35 |
4.2 Price Multiples
EQX's Enterprise Value to EBITDA is on the same level as the industry average.
EQX's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. EQX is cheaper than 65.58% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 55.22 | ||
| EV/EBITDA | 15.68 |
4.3 Compensation for Growth
EQX's 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 EQX's earnings are expected to grow with 86.23% in the coming years.
PEG (NY)0.39
PEG (5Y)N/A
EPS Next 2Y121.64%
EPS Next 3Y86.23%
5. Dividend
5.1 Amount
EQX does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
11.71
+0.3 (+2.63%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners55.51%
Inst Owner Change0.05%
Ins Owners3.86%
Ins Owner ChangeN/A
Market Cap9.17B
Revenue(TTM)1.51B
Net Income(TTM)46.63M
Analysts80
Price Target19.38 (65.5%)
Short Float %4.43%
Short Ratio1.99
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)72.73%
PT rev (3m)58.33%
EPS NQ rev (1m)15.25%
EPS NQ rev (3m)-13.92%
EPS NY rev (1m)0%
EPS NY rev (3m)-57.63%
Revenue NQ rev (1m)4.83%
Revenue NQ rev (3m)24.89%
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.93%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.03 | ||
| Fwd PE | 11.35 | ||
| P/S | 4.81 | ||
| P/FCF | 55.22 | ||
| P/OCF | 15.95 | ||
| P/B | 1.73 | ||
| P/tB | 1.73 | ||
| EV/EBITDA | 15.68 |
EPS(TTM)0.39
EY3.33%
EPS(NY)1.03
Fwd EY8.81%
FCF(TTM)0.21
FCFY1.81%
OCF(TTM)0.73
OCFY6.27%
SpS2.43
BVpS6.76
TBVpS6.76
PEG (NY)0.39
PEG (5Y)N/A
Graham Number7.7
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.47% | ||
| ROE | 0.88% | ||
| ROCE | 3.9% | ||
| ROIC | 3.08% | ||
| ROICexc | 3.24% | ||
| ROICexgc | 3.24% | ||
| 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)1.45%
ROIC(5y)2.87%
ROICexc(3y)1.53%
ROICexc(5y)3.25%
ROICexgc(3y)1.53%
ROICexgc(5y)3.25%
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 | 1.52 |
F-Score6
WACC8.62%
ROIC/WACC0.36
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 FAQ
What is the ChartMill fundamental rating of EQUINOX GOLD CORP (EQX) stock?
ChartMill assigns a fundamental rating of 4 / 10 to EQX.
What is the valuation status of EQUINOX GOLD CORP (EQX) stock?
ChartMill assigns a valuation rating of 6 / 10 to EQUINOX GOLD CORP (EQX). This can be considered as Fairly Valued.
What is the profitability of EQX stock?
EQUINOX GOLD CORP (EQX) has a profitability rating of 5 / 10.
Can you provide the expected EPS growth for EQX stock?
The Earnings per Share (EPS) of EQUINOX GOLD CORP (EQX) is expected to grow by 77.15% in the next year.