Turquoise Hill Resources Ltd (TRQ)
CA9004352071 - Common Stock
Overall TRQ gets a fundamental rating of 4 out of 10. We evaluated TRQ against 155 industry peers in the Metals & Mining industry. TRQ has a medium profitability rating, but doesn't score so well on its financial health evaluation. TRQ is valued quite expensive, but it does show an excellent growth.
1. Profitability
1.1 Basic Checks
In the past year TRQ was profitable.
TRQ had a positive operating cash flow in the past year.
Of the past 5 years TRQ 4 years were profitable.
TRQ had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
TRQ has a Return On Assets of 3.80%. This is comparable to the rest of the industry: TRQ outperforms 59.86% of its industry peers.
With a decent Return On Equity value of 6.12%, TRQ is doing good in the industry, outperforming 61.22% of the companies in the same industry.
The Return On Invested Capital of TRQ (2.66%) is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for TRQ is significantly below the industry average of 9.26%.
The 3 year average ROIC (2.58%) for TRQ is below the current ROIC(2.66%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.8% | ||
| ROE | 6.12% | ||
| ROIC | 2.66% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)2.58%
ROIC(5y)N/A
1.3 Margins
With an excellent Profit Margin value of 32.99%, TRQ belongs to the best of the industry, outperforming 90.48% of the companies in the same industry.
In the last couple of years the Profit Margin of TRQ has grown nicely.
With an excellent Operating Margin value of 30.81%, TRQ belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
TRQ's Operating Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 30.81% | ||
| PM (TTM) | 32.99% | ||
| GM | N/A |
OM growth 3Y54.65%
OM growth 5Y93.75%
PM growth 3Y-8.57%
PM growth 5Y8.76%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so TRQ is destroying value.
Compared to 1 year ago, TRQ has about the same amount of shares outstanding.
Compared to 1 year ago, TRQ has an improved debt to assets ratio.
2.2 Solvency
TRQ has an Altman-Z score of 0.48. This is a bad value and indicates that TRQ is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.48, TRQ is doing worse than 79.59% of the companies in the same industry.
A Debt/Equity ratio of 0.37 indicates that TRQ is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.37, TRQ is doing worse than 72.79% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.37 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.48 |
ROIC/WACC0.27
WACC9.84%
2.3 Liquidity
TRQ has a Current Ratio of 0.42. This is a bad value and indicates that TRQ is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.42, TRQ is not doing good in the industry: 95.24% of the companies in the same industry are doing better.
TRQ has a Quick Ratio of 0.42. This is a bad value and indicates that TRQ is not financially healthy enough and could expect problems in meeting its short term obligations.
TRQ's Quick ratio of 0.24 is on the low side compared to the rest of the industry. TRQ is outperformed by 95.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.42 | ||
| Quick Ratio | 0.24 |
3. Growth
3.1 Past
TRQ shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 6.49%.
Measured over the past years, TRQ shows a very strong growth in Earnings Per Share. The EPS has been growing by 21.15% on average per year.
The Revenue for TRQ has decreased by -11.63% in the past year. This is quite bad
The Revenue has been growing by 10.37% on average over the past years. This is quite good.
EPS 1Y (TTM)6.49%
EPS 3Y7.52%
EPS 5Y21.15%
EPS growth Q2Q35.29%
Revenue 1Y (TTM)-11.63%
Revenue growth 3Y18.65%
Revenue growth 5Y10.37%
Revenue growth Q2Q-40.94%
3.2 Future
Based on estimates for the next years, TRQ will show a very strong growth in Earnings Per Share. The EPS will grow by 37.99% on average per year.
Based on estimates for the next years, TRQ will show a very strong growth in Revenue. The Revenue will grow by 20.56% on average per year.
EPS Next Y-22.59%
EPS Next 2Y-40.66%
EPS Next 3Y7.83%
EPS Next 5Y37.99%
Revenue Next Year-25.18%
Revenue Next 2Y-22.26%
Revenue Next 3Y3.52%
Revenue Next 5Y20.56%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
The Price/Earnings ratio is 11.26, which indicates a very decent valuation of TRQ.
TRQ's Price/Earnings ratio is a bit cheaper when compared to the industry. TRQ is cheaper than 71.43% of the companies in the same industry.
When comparing the Price/Earnings ratio of TRQ to the average of the S&P500 Index (25.05), we can say TRQ is valued rather cheaply.
With a Price/Forward Earnings ratio of 34.17, TRQ can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Forward Earnings ratio of TRQ is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.53, TRQ is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.26 | ||
| Fwd PE | 34.17 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TRQ is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 14.68 |
4.3 Compensation for Growth
The decent profitability rating of TRQ may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.53
EPS Next 2Y-40.66%
EPS Next 3Y7.83%
5. Dividend
5.1 Amount
TRQ does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Turquoise Hill Resources Ltd
NYSE:TRQ (12/15/2022, 7:04:00 PM)
After market: 31.48 +0.07 (+0.22%)31.41
-0.29 (-0.91%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap6.32B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(4)
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EPS beat(8)
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EPS beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
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Revenue NQ rev (1m)
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Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.26 | ||
| Fwd PE | 34.17 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)0.53
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.8% | ||
| ROE | 6.12% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 30.81% | ||
| PM (TTM) | 32.99% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.12
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.37 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.42 | ||
| Quick Ratio | 0.24 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)6.49%
EPS 3Y7.52%
EPS 5Y
EPS growth Q2Q
EPS Next Y-22.59%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-11.63%
Revenue growth 3Y18.65%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
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