ORLA MINING LTD (ORLA) Stock Fundamental Analysis
NYSEARCA:ORLA - NYSE Arca - CA68634K1066 - Common Stock - Currency: USD
We assign a fundamental rating of 6 out of 10 to ORLA. ORLA was compared to 154 industry peers in the Metals & Mining industry. Both the profitability and the financial health of ORLA get a neutral evaluation. Nothing too spectacular is happening here. ORLA is growing strongly while it also seems undervalued. This is an interesting combination
1. Profitability
1.1 Basic Checks
ORLA had positive earnings in the past year.
In the past year ORLA had a positive cash flow from operations.
In multiple years ORLA reported negative net income over the last 5 years.
The reported operating cash flow has been mixed in the past 5 years: ORLA reported negative operating cash flow in multiple years.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.09%, ORLA is in line with its industry, outperforming 55.84% of the companies in the same industry.
ORLA has a Return On Equity of 0.37%. This is comparable to the rest of the industry: ORLA outperforms 57.79% of its industry peers.
The Return On Invested Capital of ORLA (9.42%) is better than 83.77% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ORLA is significantly above the industry average of 11.67%.
The last Return On Invested Capital (9.42%) for ORLA is well below the 3 year average (17.28%), which needs to be investigated, but indicates that ORLA had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.09% | ||
| ROE | 0.37% | ||
| ROIC | 9.42% |
ROA(3y)5.76%
ROA(5y)-0.3%
ROE(3y)7.44%
ROE(5y)-1.84%
ROIC(3y)17.28%
ROIC(5y)N/A
1.3 Margins
With a Profit Margin value of 0.40%, ORLA perfoms like the industry average, outperforming 59.09% of the companies in the same industry.
ORLA has a Operating Margin of 42.30%. This is amongst the best in the industry. ORLA outperforms 94.16% of its industry peers.
ORLA's Gross Margin of 60.19% is amongst the best of the industry. ORLA outperforms 92.86% of its industry peers.
ORLA's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 42.3% | ||
| PM (TTM) | 0.4% | ||
| GM | 60.19% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.32%
GM growth 5YN/A
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so ORLA is creating value.
Compared to 1 year ago, ORLA has more shares outstanding
Compared to 5 years ago, ORLA has more shares outstanding
The debt/assets ratio for ORLA has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 1.89 indicates that ORLA 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 1.89, ORLA is doing worse than 61.04% of the companies in the same industry.
ORLA has a debt to FCF ratio of 0.81. This is a very positive value and a sign of high solvency as it would only need 0.81 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.81, ORLA belongs to the top of the industry, outperforming 91.56% of the companies in the same industry.
A Debt/Equity ratio of 0.92 indicates that ORLA is somewhat dependend on debt financing.
ORLA has a Debt to Equity ratio of 0.92. This is amonst the worse of the industry: ORLA underperforms 87.01% of its industry peers.
Although ORLA does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.92 | ||
| Debt/FCF | 0.81 | ||
| Altman-Z | 1.89 |
ROIC/WACC1.19
WACC7.94%
2.3 Liquidity
A Current Ratio of 0.81 indicates that ORLA may have some problems paying its short term obligations.
ORLA's Current ratio of 0.81 is on the low side compared to the rest of the industry. ORLA is outperformed by 88.31% of its industry peers.
ORLA has a Quick Ratio of 0.81. This is a bad value and indicates that ORLA is not financially healthy enough and could expect problems in meeting its short term obligations.
ORLA's Quick ratio of 0.62 is on the low side compared to the rest of the industry. ORLA is outperformed by 85.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.81 | ||
| Quick Ratio | 0.62 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 93.94% over the past year.
Looking at the last year, ORLA shows a very strong growth in Revenue. The Revenue has grown by 67.07%.
Measured over the past years, ORLA shows a very strong growth in Revenue. The Revenue has been growing by 337.75% on average per year.
EPS 1Y (TTM)93.94%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%140%
Revenue 1Y (TTM)67.07%
Revenue growth 3Y337.75%
Revenue growth 5YN/A
Sales Q2Q%109.02%
3.2 Future
ORLA is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 47.70% yearly.
ORLA is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 26.67% yearly.
EPS Next Y201.87%
EPS Next 2Y88.93%
EPS Next 3Y52.15%
EPS Next 5Y47.7%
Revenue Next Year163.28%
Revenue Next 2Y72.58%
Revenue Next 3Y39.32%
Revenue Next 5Y26.67%
3.3 Evolution
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
The Price/Earnings ratio is 31.41, which means the current valuation is very expensive for ORLA.
Based on the Price/Earnings ratio, ORLA is valued a bit cheaper than the industry average as 64.94% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 27.28. ORLA is around the same levels.
A Price/Forward Earnings ratio of 11.26 indicates a reasonable valuation of ORLA.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ORLA indicates a somewhat cheap valuation: ORLA is cheaper than 72.73% of the companies listed in the same industry.
ORLA's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 21.76.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.41 | ||
| Fwd PE | 11.26 |
4.2 Price Multiples
ORLA's Enterprise Value to EBITDA is on the same level as the industry average.
ORLA's Price/Free Cash Flow ratio is rather cheap when compared to the industry. ORLA is cheaper than 95.45% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.29 | ||
| EV/EBITDA | 15.4 |
4.3 Compensation for Growth
ORLA's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of ORLA may justify a higher PE ratio.
ORLA's earnings are expected to grow with 52.15% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.16
PEG (5Y)N/A
EPS Next 2Y88.93%
EPS Next 3Y52.15%
5. Dividend
5.1 Amount
ORLA does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
10.05
+0.15 (+1.52%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners53.22%
Inst Owner Change10.74%
Ins Owners12.11%
Ins Owner ChangeN/A
Market Cap3.24B
Analysts78.46
Price Target12.06 (20%)
Short Float %2.45%
Short Ratio3.23
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)2
Avg EPS beat(2)9.45%
Min EPS beat(2)5.01%
Max EPS beat(2)13.88%
EPS beat(4)2
Avg EPS beat(4)-1.49%
Min EPS beat(4)-23.32%
Max EPS beat(4)13.88%
EPS beat(8)5
Avg EPS beat(8)4.88%
EPS beat(12)7
Avg EPS beat(12)13.56%
EPS beat(16)9
Avg EPS beat(16)14.25%
Revenue beat(2)1
Avg Revenue beat(2)8.32%
Min Revenue beat(2)-14.56%
Max Revenue beat(2)31.21%
Revenue beat(4)2
Avg Revenue beat(4)8.69%
Min Revenue beat(4)-14.56%
Max Revenue beat(4)31.21%
Revenue beat(8)5
Avg Revenue beat(8)6.83%
Revenue beat(12)8
Avg Revenue beat(12)7.01%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)1.39%
PT rev (3m)67.99%
EPS NQ rev (1m)0%
EPS NQ rev (3m)4.71%
EPS NY rev (1m)0%
EPS NY rev (3m)10.52%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)8.63%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.41 | ||
| Fwd PE | 11.26 | ||
| P/S | 7.76 | ||
| P/FCF | 6.29 | ||
| P/OCF | 5.85 | ||
| P/B | 7.28 | ||
| P/tB | 7.28 | ||
| EV/EBITDA | 15.4 |
EPS(TTM)0.32
EY3.18%
EPS(NY)0.89
Fwd EY8.88%
FCF(TTM)1.6
FCFY15.9%
OCF(TTM)1.72
OCFY17.09%
SpS1.29
BVpS1.38
TBVpS1.38
PEG (NY)0.16
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.09% | ||
| ROE | 0.37% | ||
| ROCE | 11.92% | ||
| ROIC | 9.42% | ||
| ROICexc | 10.76% | ||
| ROICexgc | 10.76% | ||
| OM | 42.3% | ||
| PM (TTM) | 0.4% | ||
| GM | 60.19% | ||
| FCFM | 123.43% |
ROA(3y)5.76%
ROA(5y)-0.3%
ROE(3y)7.44%
ROE(5y)-1.84%
ROIC(3y)17.28%
ROIC(5y)N/A
ROICexc(3y)22.72%
ROICexc(5y)N/A
ROICexgc(3y)22.72%
ROICexgc(5y)N/A
ROCE(3y)21.87%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.32%
GM growth 5YN/A
F-Score4
Asset Turnover0.23
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.92 | ||
| Debt/FCF | 0.81 | ||
| Debt/EBITDA | 1.81 | ||
| Cap/Depr | 78.63% | ||
| Cap/Sales | 9.25% | ||
| Interest Coverage | 25.85 | ||
| Cash Conversion | 245.43% | ||
| Profit Quality | 30954.6% | ||
| Current Ratio | 0.81 | ||
| Quick Ratio | 0.62 | ||
| Altman-Z | 1.89 |
F-Score4
WACC7.94%
ROIC/WACC1.19
Cap/Depr(3y)87.07%
Cap/Depr(5y)18575.2%
Cap/Sales(3y)8.93%
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)93.94%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%140%
EPS Next Y201.87%
EPS Next 2Y88.93%
EPS Next 3Y52.15%
EPS Next 5Y47.7%
Revenue 1Y (TTM)67.07%
Revenue growth 3Y337.75%
Revenue growth 5YN/A
Sales Q2Q%109.02%
Revenue Next Year163.28%
Revenue Next 2Y72.58%
Revenue Next 3Y39.32%
Revenue Next 5Y26.67%
EBIT growth 1Y81.02%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year236.79%
EBIT Next 3Y70.77%
EBIT Next 5Y41.29%
FCF growth 1Y824.09%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y692.1%
OCF growth 3YN/A
OCF growth 5YN/A