GOGOLD RESOURCES INC (GGD.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:GGD - CA38045Y1025 - Common Stock
3.84 CAD
-0.03 (-0.78%)
We assign a fundamental rating of 7 out of 10 to GGD. GGD was compared to 820 industry peers in the Metals & Mining industry. GGD has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. GGD is not priced too expensively while it is growing strongly. Keep and eye on this one! This makes GGD very considerable for growth and quality investing!
1. Profitability
1.1 Basic Checks
- GGD had positive earnings in the past year.
- In the past year GGD had a positive cash flow from operations.
- GGD had positive earnings in 4 of the past 5 years.
- In multiple years GGD reported negative operating cash flow during the last 5 years.
1.2 Ratios
- GGD's Return On Assets of 4.36% is amongst the best of the industry. GGD outperforms 89.15% of its industry peers.
- GGD has a Return On Equity of 4.81%. This is amongst the best in the industry. GGD outperforms 88.17% of its industry peers.
- GGD's Return On Invested Capital of 2.19% is amongst the best of the industry. GGD outperforms 89.63% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.36% | ||
| ROE | 4.81% | ||
| ROIC | 2.19% |
ROA(3y)0.75%
ROA(5y)1.13%
ROE(3y)0.85%
ROE(5y)1.26%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- GGD has a Profit Margin of 23.90%. This is amongst the best in the industry. GGD outperforms 94.88% of its industry peers.
- GGD's Profit Margin has declined in the last couple of years.
- Looking at the Operating Margin, with a value of 23.93%, GGD belongs to the top of the industry, outperforming 92.93% of the companies in the same industry.
- GGD's Operating Margin has improved in the last couple of years.
- GGD has a better Gross Margin (39.37%) than 92.80% of its industry peers.
- GGD's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.93% | ||
| PM (TTM) | 23.9% | ||
| GM | 39.37% |
OM growth 3Y155.05%
OM growth 5Y19.1%
PM growth 3Y132.01%
PM growth 5Y-26.19%
GM growth 3Y16.74%
GM growth 5Y11.71%
2. Health
2.1 Basic Checks
- GGD has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- The number of shares outstanding for GGD has been increased compared to 1 year ago.
- GGD has more shares outstanding than it did 5 years ago.
- GGD has a better debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 20.36 indicates that GGD is not in any danger for bankruptcy at the moment.
- With a decent Altman-Z score value of 20.36, GGD is doing good in the industry, outperforming 70.49% of the companies in the same industry.
- The Debt to FCF ratio of GGD is 0.07, which is an excellent value as it means it would take GGD, only 0.07 years of fcf income to pay off all of its debts.
- GGD has a better Debt to FCF ratio (0.07) than 96.71% of its industry peers.
- GGD has a Debt/Equity ratio of 0.00. This is a healthy value indicating a solid balance between debt and equity.
- GGD has a Debt to Equity ratio (0.00) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.07 | ||
| Altman-Z | 20.36 |
ROIC/WACC0.22
WACC9.76%
2.3 Liquidity
- A Current Ratio of 7.63 indicates that GGD has no problem at all paying its short term obligations.
- GGD's Current ratio of 7.63 is amongst the best of the industry. GGD outperforms 80.98% of its industry peers.
- GGD has a Quick Ratio of 7.22. This indicates that GGD is financially healthy and has no problem in meeting its short term obligations.
- GGD has a Quick ratio of 7.22. This is amongst the best in the industry. GGD outperforms 80.37% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 7.63 | ||
| Quick Ratio | 7.22 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 880.00% over the past year.
- The earnings per share for GGD have been decreasing by -24.77% on average. This is quite bad
- The Revenue has grown by 67.43% in the past year. This is a very strong growth!
- The Revenue has been growing by 12.89% on average over the past years. This is quite good.
EPS 1Y (TTM)880%
EPS 3Y190.44%
EPS 5Y-24.77%
EPS Q2Q%800%
Revenue 1Y (TTM)67.43%
Revenue growth 3Y26.23%
Revenue growth 5Y12.89%
Sales Q2Q%73.89%
3.2 Future
- GGD is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 79.13% yearly.
- Based on estimates for the next years, GGD will show a very strong growth in Revenue. The Revenue will grow by 70.90% on average per year.
EPS Next Y-8.28%
EPS Next 2Y36.2%
EPS Next 3Y90.24%
EPS Next 5Y79.13%
Revenue Next Year0.58%
Revenue Next 2Y30.96%
Revenue Next 3Y70.9%
Revenue Next 5YN/A
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 Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 54.86, the valuation of GGD can be described as expensive.
- Based on the Price/Earnings ratio, GGD is valued cheaply inside the industry as 87.68% of the companies are valued more expensively.
- The average S&P500 Price/Earnings ratio is at 28.60. GGD is valued rather expensively when compared to this.
- The Price/Forward Earnings ratio is 62.99, which means the current valuation is very expensive for GGD.
- 86.95% of the companies in the same industry are more expensive than GGD, based on the Price/Forward Earnings ratio.
- The average S&P500 Price/Forward Earnings ratio is at 25.83. GGD is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 54.86 | ||
| Fwd PE | 62.99 |
4.2 Price Multiples
- 89.51% of the companies in the same industry are more expensive than GGD, based on the Enterprise Value to EBITDA ratio.
- Based on the Price/Free Cash Flow ratio, GGD is valued cheaply inside the industry as 91.71% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 100.01 | ||
| EV/EBITDA | 49.42 |
4.3 Compensation for Growth
- GGD has a very decent profitability rating, which may justify a higher PE ratio.
- GGD's earnings are expected to grow with 90.24% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y36.2%
EPS Next 3Y90.24%
5. Dividend
5.1 Amount
- No dividends for GGD!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
GOGOLD RESOURCES INC / GGD.CA FAQ
What is the fundamental rating for GGD stock?
ChartMill assigns a fundamental rating of 7 / 10 to GGD.CA.
What is the valuation status for GGD stock?
ChartMill assigns a valuation rating of 5 / 10 to GOGOLD RESOURCES INC (GGD.CA). This can be considered as Fairly Valued.
What is the profitability of GGD stock?
GOGOLD RESOURCES INC (GGD.CA) has a profitability rating of 7 / 10.
Can you provide the PE and PB ratios for GGD stock?
The Price/Earnings (PE) ratio for GOGOLD RESOURCES INC (GGD.CA) is 54.86 and the Price/Book (PB) ratio is 3.4.
Can you provide the financial health for GGD stock?
The financial health rating of GOGOLD RESOURCES INC (GGD.CA) is 8 / 10.