15.53 USD
+0.97 (+6.66%)
At close: Feb 9, 2026
15.42 USD
-0.11 (-0.71%)
Pre-Market: 2/10/2026, 9:24:05 AM
Overall EQX gets a fundamental rating of 4 out of 10. We evaluated EQX against 157 industry peers in the Metals & Mining industry. There are concerns on the financial health of EQX while its profitability can be described as average. EQX is not overvalued while it is showing excellent growth. This is an interesting combination.
1. Profitability
1.1 Basic Checks
- EQX had positive earnings in the past year.
- EQX had a positive operating cash flow in the past year.
- EQX had positive earnings in 4 of the past 5 years.
- EQX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- Looking at the Return On Assets, with a value of 0.47%, EQX is in line with its industry, outperforming 59.24% of the companies in the same industry.
- With a Return On Equity value of 0.88%, EQX perfoms like the industry average, outperforming 59.24% of the companies in the same industry.
- EQX has a Return On Invested Capital (3.08%) which is in line with its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for EQX is significantly below the industry average of 10.54%.
- 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 61.78% 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 70.06% of its industry peers.
- EQX's Operating Margin has declined in the last couple of years.
- EQX's Gross Margin of 40.73% is fine compared to the rest of the industry. EQX outperforms 77.07% 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.
- Compared to 1 year ago, EQX has more shares outstanding
- The number of shares outstanding for EQX has been increased compared to 5 years ago.
- The debt/assets ratio for EQX is higher compared to a year ago.
2.2 Solvency
- An Altman-Z score of 1.94 indicates that EQX is not a great score, but indicates only limited risk for bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 1.94, EQX is doing worse than 73.89% of the companies in the same 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's Debt to FCF ratio of 12.57 is in line compared to the rest of the industry. EQX outperforms 59.87% of its industry peers.
- A Debt/Equity ratio of 0.34 indicates that EQX is not too dependend on debt financing.
- EQX's Debt to Equity ratio of 0.34 is on the low side compared to the rest of the industry. EQX is outperformed by 66.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 12.57 | ||
| Altman-Z | 1.94 |
ROIC/WACC0.29
WACC10.6%
2.3 Liquidity
- A Current Ratio of 0.94 indicates that EQX may have some problems paying its short term obligations.
- Looking at the Current ratio, with a value of 0.94, EQX is doing worse than 85.99% of the companies in the same industry.
- A Quick Ratio of 0.53 indicates that EQX may have some problems paying its short term obligations.
- With a Quick ratio value of 0.53, EQX is not doing good in the industry: 89.81% of the companies in the same industry are doing better.
| 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.
- The earnings per share for EQX have been decreasing by -18.64% on average. This is quite bad
- Looking at the last year, EQX shows a very strong growth in Revenue. The Revenue has grown by 39.14%.
- EQX shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 39.98% yearly.
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 48.07% yearly.
- The Revenue is expected to grow by 15.13% on average over the next years. This is quite good.
EPS Next Y158.34%
EPS Next 2Y112.14%
EPS Next 3Y84.23%
EPS Next 5Y48.07%
Revenue Next Year69.38%
Revenue Next 2Y47.88%
Revenue Next 3Y35.49%
Revenue Next 5Y15.13%
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 39.82.
- Compared to the rest of the industry, the Price/Earnings ratio of EQX indicates a somewhat cheap valuation: EQX is cheaper than 68.15% of the companies listed in the same industry.
- EQX is valuated rather expensively when we compare the Price/Earnings ratio to 28.06, which is the current average of the S&P500 Index.
- EQX is valuated correctly with a Price/Forward Earnings ratio of 16.43.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of EQX indicates a somewhat cheap valuation: EQX is cheaper than 69.43% of the companies listed in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 27.86. EQX is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.82 | ||
| Fwd PE | 16.43 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, EQX is valued a bit cheaper than 62.42% of the companies in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of EQX indicates a somewhat cheap valuation: EQX is cheaper than 69.43% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 73.4 | ||
| EV/EBITDA | 20.51 |
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.
- A more expensive valuation may be justified as EQX's earnings are expected to grow with 84.22% in the coming years.
PEG (NY)0.25
PEG (5Y)N/A
EPS Next 2Y112.14%
EPS Next 3Y84.23%
5. Dividend
5.1 Amount
- EQX does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
15.53
+0.97 (+6.66%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)11-05 2025-11-05/amc
Earnings (Next)02-18 2026-02-18/amc
Inst Owners60.9%
Inst Owner Change0.53%
Ins Owners3.82%
Ins Owner ChangeN/A
Market Cap12.19B
Revenue(TTM)1.51B
Net Income(TTM)46.63M
Analysts80
Price Target25.5 (64.2%)
Short Float %2.71%
Short Ratio2.16
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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)8.7%
PT rev (3m)31.58%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.47%
EPS NY rev (1m)7.79%
EPS NY rev (3m)45.83%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)5.61%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.82 | ||
| Fwd PE | 16.43 | ||
| P/S | 6.4 | ||
| P/FCF | 73.4 | ||
| P/OCF | 21.21 | ||
| P/B | 2.3 | ||
| P/tB | 2.3 | ||
| EV/EBITDA | 20.51 |
EPS(TTM)0.39
EY2.51%
EPS(NY)0.95
Fwd EY6.09%
FCF(TTM)0.21
FCFY1.36%
OCF(TTM)0.73
OCFY4.72%
SpS2.43
BVpS6.74
TBVpS6.74
PEG (NY)0.25
PEG (5Y)N/A
Graham Number7.69
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 | 1.94 |
F-Score6
WACC10.6%
ROIC/WACC0.29
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 Y158.34%
EPS Next 2Y112.14%
EPS Next 3Y84.23%
EPS Next 5Y48.07%
Revenue 1Y (TTM)39.14%
Revenue growth 3Y11.84%
Revenue growth 5Y39.98%
Sales Q2Q%91.18%
Revenue Next Year69.38%
Revenue Next 2Y47.88%
Revenue Next 3Y35.49%
Revenue Next 5Y15.13%
EBIT growth 1Y772%
EBIT growth 3Y13.43%
EBIT growth 5Y33.98%
EBIT Next Year135.79%
EBIT Next 3Y64.35%
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 for EQX stock?
ChartMill assigns a valuation rating of 5 / 10 to EQUINOX GOLD CORP (EQX). This can be considered as Fairly Valued.
Can you provide the profitability details for EQUINOX GOLD CORP?
EQUINOX GOLD CORP (EQX) has a profitability rating of 5 / 10.
What are the PE and PB ratios of EQUINOX GOLD CORP (EQX) stock?
The Price/Earnings (PE) ratio for EQUINOX GOLD CORP (EQX) is 39.82 and the Price/Book (PB) ratio is 2.3.
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 158.34% in the next year.