LUNDIN GOLD INC (LUG.CA) Stock Fundamental Analysis
TSX:LUG • CA5503711080
124.89 CAD
+2.89 (+2.37%)
Last: Feb 26, 2026, 07:00 PM
Taking everything into account, LUG scores 7 out of 10 in our fundamental rating. LUG was compared to 802 industry peers in the Metals & Mining industry. LUG has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. LUG may be a bit undervalued, certainly considering the very reasonable score on growth With these ratings, LUG could be worth investigating further for value and quality investing!.
1. Profitability
1.1 Basic Checks
- LUG had positive earnings in the past year.
- LUG had a positive operating cash flow in the past year.
- Of the past 5 years LUG 4 years were profitable.
- Each year in the past 5 years LUG had a positive operating cash flow.
1.2 Ratios
- Looking at the Return On Assets, with a value of 41.91%, LUG belongs to the top of the industry, outperforming 98.38% of the companies in the same industry.
- With an excellent Return On Equity value of 51.96%, LUG belongs to the best of the industry, outperforming 98.50% of the companies in the same industry.
- The Return On Invested Capital of LUG (45.27%) is better than 99.88% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for LUG is significantly above the industry average of 12.22%.
- The 3 year average ROIC (22.93%) for LUG is below the current ROIC(45.27%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 41.91% | ||
| ROE | 51.96% | ||
| ROIC | 45.27% |
ROA(3y)14.84%
ROA(5y)10.91%
ROE(3y)20.81%
ROE(5y)16.32%
ROIC(3y)22.93%
ROIC(5y)18.45%
1.3 Margins
- LUG's Profit Margin of 42.98% is amongst the best of the industry. LUG outperforms 97.88% of its industry peers.
- In the last couple of years the Profit Margin of LUG has grown nicely.
- Looking at the Operating Margin, with a value of 60.07%, LUG belongs to the top of the industry, outperforming 99.13% of the companies in the same industry.
- LUG's Operating Margin has improved in the last couple of years.
- LUG has a better Gross Margin (66.84%) than 97.76% of its industry peers.
- LUG's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 60.07% | ||
| PM (TTM) | 42.98% | ||
| GM | 66.84% |
OM growth 3Y5.36%
OM growth 5YN/A
PM growth 3Y5.75%
PM growth 5YN/A
GM growth 3Y6.72%
GM growth 5YN/A
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), LUG is creating value.
- Compared to 1 year ago, LUG has more shares outstanding
- Compared to 5 years ago, LUG has more shares outstanding
- There is no outstanding debt for LUG. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
- An Altman-Z score of 45.32 indicates that LUG is not in any danger for bankruptcy at the moment.
- The Altman-Z score of LUG (45.32) is better than 78.80% of its industry peers.
- There is no outstanding debt for LUG. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 45.32 |
ROIC/WACC4.08
WACC11.09%
2.3 Liquidity
- A Current Ratio of 3.23 indicates that LUG has no problem at all paying its short term obligations.
- The Current ratio of LUG (3.23) is better than 62.84% of its industry peers.
- LUG has a Quick Ratio of 2.88. This indicates that LUG is financially healthy and has no problem in meeting its short term obligations.
- LUG's Quick ratio of 2.88 is fine compared to the rest of the industry. LUG outperforms 61.47% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.23 | ||
| Quick Ratio | 2.88 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 111.11% over the past year.
- The Earnings Per Share has been growing by 18.19% on average over the past years. This is quite good.
- LUG shows a strong growth in Revenue. In the last year, the Revenue has grown by 53.38%.
- LUG shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 17.61% yearly.
EPS 1Y (TTM)111.11%
EPS 3Y18.19%
EPS 5YN/A
EPS Q2Q%53.57%
Revenue 1Y (TTM)53.38%
Revenue growth 3Y17.61%
Revenue growth 5YN/A
Sales Q2Q%38.39%
3.2 Future
- Based on estimates for the next years, LUG will show a small growth in Earnings Per Share. The EPS will grow by 3.31% on average per year.
- The Revenue is expected to grow by 4.41% on average over the next years.
EPS Next Y83.73%
EPS Next 2Y46.03%
EPS Next 3Y28.29%
EPS Next 5Y3.31%
Revenue Next Year46.65%
Revenue Next 2Y33.04%
Revenue Next 3Y21.23%
Revenue Next 5Y4.41%
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 32.02, which means the current valuation is very expensive for LUG.
- Based on the Price/Earnings ratio, LUG is valued cheaper than 90.65% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 27.11, LUG is valued at the same level.
- With a Price/Forward Earnings ratio of 24.47, LUG is valued on the expensive side.
- 89.90% of the companies in the same industry are more expensive than LUG, based on the Price/Forward Earnings ratio.
- LUG is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 28.13, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.02 | ||
| Fwd PE | 24.47 |
4.2 Price Multiples
- LUG's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. LUG is cheaper than 92.64% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, LUG is valued cheaper than 95.26% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 28.33 | ||
| EV/EBITDA | 19.71 |
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.
- The excellent profitability rating of LUG may justify a higher PE ratio.
- A more expensive valuation may be justified as LUG's earnings are expected to grow with 28.29% in the coming years.
PEG (NY)0.38
PEG (5Y)N/A
EPS Next 2Y46.03%
EPS Next 3Y28.29%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 3.50%, LUG has a reasonable but not impressive dividend return.
- LUG's Dividend Yield is rather good when compared to the industry average which is at 0.41. LUG pays more dividend than 99.13% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.80, LUG pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.5% |
5.2 History
- LUG has been paying a dividend for less than 5 years, so it still needs to build a track record.
- LUG has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
- 75.50% of the earnings are spent on dividend by LUG. This is not a sustainable payout ratio.
DP75.5%
EPS Next 2Y46.03%
EPS Next 3Y28.29%
TSX:LUG (2/26/2026, 7:00:00 PM)
124.89
+2.89 (+2.37%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)02-19 2026-02-19/amc
Earnings (Next)05-06 2026-05-06
Inst Owners27.15%
Inst Owner ChangeN/A
Ins Owners0.79%
Ins Owner ChangeN/A
Market Cap30.15B
Revenue(TTM)1.60B
Net Income(TTM)686.95M
Analysts52.63
Price Target107.19 (-14.17%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.5% |
Yearly Dividend3.77
Dividend Growth(5Y)N/A
DP75.5%
Div Incr Years3
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)18.89%
Min EPS beat(2)17.27%
Max EPS beat(2)20.52%
EPS beat(4)4
Avg EPS beat(4)13.49%
Min EPS beat(4)7.12%
Max EPS beat(4)20.52%
EPS beat(8)6
Avg EPS beat(8)8.29%
EPS beat(12)6
Avg EPS beat(12)3.62%
EPS beat(16)8
Avg EPS beat(16)0.63%
Revenue beat(2)2
Avg Revenue beat(2)11.48%
Min Revenue beat(2)7.19%
Max Revenue beat(2)15.76%
Revenue beat(4)4
Avg Revenue beat(4)7.12%
Min Revenue beat(4)1.66%
Max Revenue beat(4)15.76%
Revenue beat(8)7
Avg Revenue beat(8)5.82%
Revenue beat(12)9
Avg Revenue beat(12)6%
Revenue beat(16)10
Avg Revenue beat(16)4.31%
PT rev (1m)4.81%
PT rev (3m)12.2%
EPS NQ rev (1m)6.78%
EPS NQ rev (3m)10.4%
EPS NY rev (1m)0%
EPS NY rev (3m)6.07%
Revenue NQ rev (1m)3.16%
Revenue NQ rev (3m)8.34%
Revenue NY rev (1m)0.62%
Revenue NY rev (3m)3.87%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.02 | ||
| Fwd PE | 24.47 | ||
| P/S | 13.8 | ||
| P/FCF | 28.33 | ||
| P/OCF | 25.62 | ||
| P/B | 16.68 | ||
| P/tB | 16.68 | ||
| EV/EBITDA | 19.71 |
EPS(TTM)3.9
EY3.12%
EPS(NY)5.1
Fwd EY4.09%
FCF(TTM)4.41
FCFY3.53%
OCF(TTM)4.87
OCFY3.9%
SpS9.05
BVpS7.49
TBVpS7.49
PEG (NY)0.38
PEG (5Y)N/A
Graham Number25.63
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 41.91% | ||
| ROE | 51.96% | ||
| ROCE | 69.57% | ||
| ROIC | 45.27% | ||
| ROICexc | 70.54% | ||
| ROICexgc | 70.54% | ||
| OM | 60.07% | ||
| PM (TTM) | 42.98% | ||
| GM | 66.84% | ||
| FCFM | 48.7% |
ROA(3y)14.84%
ROA(5y)10.91%
ROE(3y)20.81%
ROE(5y)16.32%
ROIC(3y)22.93%
ROIC(5y)18.45%
ROICexc(3y)30.94%
ROICexc(5y)24.1%
ROICexgc(3y)30.94%
ROICexgc(5y)24.1%
ROCE(3y)35.24%
ROCE(5y)28.35%
ROICexgc growth 3Y30%
ROICexgc growth 5YN/A
ROICexc growth 3Y30%
ROICexc growth 5YN/A
OM growth 3Y5.36%
OM growth 5YN/A
PM growth 3Y5.75%
PM growth 5YN/A
GM growth 3Y6.72%
GM growth 5YN/A
F-Score7
Asset Turnover0.98
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 61.78% | ||
| Cap/Sales | 5.16% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 78.71% | ||
| Profit Quality | 113.29% | ||
| Current Ratio | 3.23 | ||
| Quick Ratio | 2.88 | ||
| Altman-Z | 45.32 |
F-Score7
WACC11.09%
ROIC/WACC4.08
Cap/Depr(3y)45.6%
Cap/Depr(5y)59.18%
Cap/Sales(3y)6.29%
Cap/Sales(5y)8.61%
Profit Quality(3y)301.9%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)111.11%
EPS 3Y18.19%
EPS 5YN/A
EPS Q2Q%53.57%
EPS Next Y83.73%
EPS Next 2Y46.03%
EPS Next 3Y28.29%
EPS Next 5Y3.31%
Revenue 1Y (TTM)53.38%
Revenue growth 3Y17.61%
Revenue growth 5YN/A
Sales Q2Q%38.39%
Revenue Next Year46.65%
Revenue Next 2Y33.04%
Revenue Next 3Y21.23%
Revenue Next 5Y4.41%
EBIT growth 1Y89%
EBIT growth 3Y23.92%
EBIT growth 5YN/A
EBIT Next Year59.17%
EBIT Next 3Y28.43%
EBIT Next 5Y5.08%
FCF growth 1Y52.54%
FCF growth 3Y17.15%
FCF growth 5YN/A
OCF growth 1Y53.62%
OCF growth 3Y16.61%
OCF growth 5YN/A
LUNDIN GOLD INC / LUG.CA FAQ
What is the ChartMill fundamental rating of LUNDIN GOLD INC (LUG.CA) stock?
ChartMill assigns a fundamental rating of 7 / 10 to LUG.CA.
What is the valuation status for LUG stock?
ChartMill assigns a valuation rating of 7 / 10 to LUNDIN GOLD INC (LUG.CA). This can be considered as Undervalued.
What is the profitability of LUG stock?
LUNDIN GOLD INC (LUG.CA) has a profitability rating of 9 / 10.
Can you provide the PE and PB ratios for LUG stock?
The Price/Earnings (PE) ratio for LUNDIN GOLD INC (LUG.CA) is 32.02 and the Price/Book (PB) ratio is 16.68.
What is the earnings growth outlook for LUNDIN GOLD INC?
The Earnings per Share (EPS) of LUNDIN GOLD INC (LUG.CA) is expected to grow by 83.73% in the next year.