Logo image of STGO.CA

STEPPE GOLD LTD (STGO.CA) Stock Fundamental Analysis

TSX:STGO - Toronto Stock Exchange - CA85913R2063 - Common Stock - Currency: CAD

1.19  -0.01 (-0.83%)

Fundamental Rating

7

We assign a fundamental rating of 7 out of 10 to STGO. STGO was compared to 797 industry peers in the Metals & Mining industry. While STGO has a great profitability rating, there are some minor concerns on its financial health. An interesting combination arises when we look at growth and value: STGO is growing strongly while it also seems undervalued. These ratings would make STGO suitable for value and growth investing!


Dividend Valuation Growth Profitability Health

Quickly go to:

8

1. Profitability

1.1 Basic Checks

STGO had positive earnings in the past year.
In the past year STGO had a positive cash flow from operations.
In multiple years STGO reported negative net income over the last 5 years.
Of the past 5 years STGO 4 years had a positive operating cash flow.
STGO.CA Yearly Net Income VS EBIT VS OCF VS FCFSTGO.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20M -20M 40M 60M 80M

1.2 Ratios

STGO has a better Return On Assets (20.78%) than 97.37% of its industry peers.
STGO has a Return On Equity of 58.20%. This is amongst the best in the industry. STGO outperforms 98.87% of its industry peers.
The Return On Invested Capital of STGO (26.47%) is better than 99.37% of its industry peers.
The Average Return On Invested Capital over the past 3 years for STGO is significantly above the industry average of 12.25%.
The last Return On Invested Capital (26.47%) for STGO is above the 3 year average (25.06%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 20.78%
ROE 58.2%
ROIC 26.47%
ROA(3y)20.72%
ROA(5y)8.42%
ROE(3y)66.83%
ROE(5y)-23.79%
ROIC(3y)25.06%
ROIC(5y)N/A
STGO.CA Yearly ROA, ROE, ROICSTGO.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -100 -200 -300 -400

1.3 Margins

Looking at the Profit Margin, with a value of 32.28%, STGO belongs to the top of the industry, outperforming 97.24% of the companies in the same industry.
STGO has a better Operating Margin (48.40%) than 98.87% of its industry peers.
Looking at the Gross Margin, with a value of 54.04%, STGO belongs to the top of the industry, outperforming 96.24% of the companies in the same industry.
In the last couple of years the Gross Margin of STGO has grown nicely.
Industry RankSector Rank
OM 48.4%
PM (TTM) 32.28%
GM 54.04%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y10.44%
GM growth 5YN/A
STGO.CA Yearly Profit, Operating, Gross MarginsSTGO.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50 -50

More info and screens

6

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so STGO is creating value.
Compared to 1 year ago, STGO has more shares outstanding
The number of shares outstanding for STGO has been increased compared to 5 years ago.
STGO has a worse debt/assets ratio than last year.
STGO.CA Yearly Shares OutstandingSTGO.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M 250M
STGO.CA Yearly Total Debt VS Total AssetsSTGO.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M

2.2 Solvency

An Altman-Z score of 3.09 indicates that STGO is not in any danger for bankruptcy at the moment.
STGO's Altman-Z score of 3.09 is fine compared to the rest of the industry. STGO outperforms 60.10% of its industry peers.
STGO has a debt to FCF ratio of 2.50. This is a good value and a sign of high solvency as STGO would need 2.50 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 2.50, STGO belongs to the top of the industry, outperforming 92.85% of the companies in the same industry.
STGO has a Debt/Equity ratio of 1.40. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of STGO (1.40) is worse than 75.78% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.4
Debt/FCF 2.5
Altman-Z 3.09
ROIC/WACC2.58
WACC10.27%
STGO.CA Yearly LT Debt VS Equity VS FCFSTGO.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M 100M 150M

2.3 Liquidity

A Current Ratio of 3.57 indicates that STGO has no problem at all paying its short term obligations.
The Current ratio of STGO (3.57) is better than 68.51% of its industry peers.
A Quick Ratio of 2.27 indicates that STGO has no problem at all paying its short term obligations.
The Quick ratio of STGO (2.27) is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 3.57
Quick Ratio 2.27
STGO.CA Yearly Current Assets VS Current LiabilitesSTGO.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M

More info and screens

8

3. Growth

3.1 Past

STGO shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 397.73%, which is quite impressive.
STGO shows a strong growth in Revenue. In the last year, the Revenue has grown by 128.19%.
STGO shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 94.93% yearly.
EPS 1Y (TTM)397.73%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%121.97%
Revenue 1Y (TTM)128.19%
Revenue growth 3Y94.93%
Revenue growth 5YN/A
Sales Q2Q%306.07%

3.2 Future

The Earnings Per Share is expected to grow by 46.39% on average over the next years. This is a very strong growth
STGO is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 61.68% yearly.
EPS Next Y-242.86%
EPS Next 2Y46.39%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year239.21%
Revenue Next 2Y61.68%
Revenue Next 3YN/A
Revenue Next 5YN/A

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.
STGO.CA Yearly Revenue VS EstimatesSTGO.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2020 2021 2022 2023 2024 2025 2026 50M 100M 150M
STGO.CA Yearly EPS VS EstimatesSTGO.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 0 0.1 -0.1 -0.2 -0.3

More info and screens

9

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 1.89, which indicates a rather cheap valuation of STGO.
Based on the Price/Earnings ratio, STGO is valued cheaper than 99.25% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.29. STGO is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 5.72, the valuation of STGO can be described as very cheap.
STGO's Price/Forward Earnings ratio is rather cheap when compared to the industry. STGO is cheaper than 95.23% of the companies in the same industry.
STGO's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 21.74.
Industry RankSector Rank
PE 1.89
Fwd PE 5.72
STGO.CA Price Earnings VS Forward Price EarningsSTGO.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

STGO's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. STGO is cheaper than 99.87% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, STGO is valued cheaply inside the industry as 99.12% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 3.39
EV/EBITDA 1.19
STGO.CA Per share dataSTGO.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0.2 0.4 0.6 0.8 1

4.3 Compensation for Growth

STGO has an outstanding profitability rating, which may justify a higher PE ratio.
STGO's earnings are expected to grow with 46.39% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y46.39%
EPS Next 3YN/A

More info and screens

0

5. Dividend

5.1 Amount

STGO does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

More info and screens

STEPPE GOLD LTD

TSX:STGO (7/4/2025, 7:00:00 PM)

1.19

-0.01 (-0.83%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)05-15 2025-05-15
Earnings (Next)08-12 2025-08-12
Inst Owners2.88%
Inst Owner ChangeN/A
Ins Owners6.64%
Ins Owner ChangeN/A
Market Cap300.87M
Analysts82.86
Price Target2.35 (97.48%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly Dividend0.64
Dividend Growth(5Y)N/A
DP89.03%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
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)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
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)6.98%
PT rev (3m)23.66%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE 1.89
Fwd PE 5.72
P/S 1.05
P/FCF 3.39
P/OCF 2.74
P/B 1.9
P/tB 1.9
EV/EBITDA 1.19
EPS(TTM)0.63
EY52.94%
EPS(NY)0.21
Fwd EY17.48%
FCF(TTM)0.35
FCFY29.49%
OCF(TTM)0.43
OCFY36.53%
SpS1.13
BVpS0.63
TBVpS0.63
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 20.78%
ROE 58.2%
ROCE 37.37%
ROIC 26.47%
ROICexc 43.21%
ROICexgc 43.21%
OM 48.4%
PM (TTM) 32.28%
GM 54.04%
FCFM 31.01%
ROA(3y)20.72%
ROA(5y)8.42%
ROE(3y)66.83%
ROE(5y)-23.79%
ROIC(3y)25.06%
ROIC(5y)N/A
ROICexc(3y)32.02%
ROICexc(5y)N/A
ROICexgc(3y)32.02%
ROICexgc(5y)N/A
ROCE(3y)42.8%
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 3Y10.44%
GM growth 5YN/A
F-Score5
Asset Turnover0.64
Health
Industry RankSector Rank
Debt/Equity 1.4
Debt/FCF 2.5
Debt/EBITDA 1.33
Cap/Depr 75.74%
Cap/Sales 7.4%
Interest Coverage 5.78
Cash Conversion 66.04%
Profit Quality 96.07%
Current Ratio 3.57
Quick Ratio 2.27
Altman-Z 3.09
F-Score5
WACC10.27%
ROIC/WACC2.58
Cap/Depr(3y)92.68%
Cap/Depr(5y)87.13%
Cap/Sales(3y)8.41%
Cap/Sales(5y)8.3%
Profit Quality(3y)100.02%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)397.73%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%121.97%
EPS Next Y-242.86%
EPS Next 2Y46.39%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)128.19%
Revenue growth 3Y94.93%
Revenue growth 5YN/A
Sales Q2Q%306.07%
Revenue Next Year239.21%
Revenue Next 2Y61.68%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y300.27%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year-96.4%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y511.83%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y393.31%
OCF growth 3YN/A
OCF growth 5YN/A