TRX GOLD CORP (TRX.CA) Fundamental Analysis & Valuation

TSX:TRX • CA87283P1099

Current stock price

1.6 CAD
-0.08 (-4.76%)
Last:

This TRX.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

5

1. TRX.CA Profitability Analysis

1.1 Basic Checks

  • TRX had negative earnings in the past year.
  • In the past year TRX had a positive cash flow from operations.
  • In multiple years TRX reported negative net income over the last 5 years.
  • TRX had a positive operating cash flow in 4 of the past 5 years.
TRX.CA Yearly Net Income VS EBIT VS OCF VS FCFTRX.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 2025 0 10M -10M -20M

1.2 Ratios

  • TRX's Return On Assets of -14.09% is in line compared to the rest of the industry. TRX outperforms 57.16% of its industry peers.
  • TRX has a Return On Equity of -26.21%. This is comparable to the rest of the industry: TRX outperforms 52.55% of its industry peers.
  • The Return On Invested Capital of TRX (22.62%) is better than 98.26% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for TRX is in line with the industry average of 13.35%.
  • The last Return On Invested Capital (22.62%) for TRX is above the 3 year average (11.37%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA -14.09%
ROE -26.21%
ROIC 22.62%
ROA(3y)2.83%
ROA(5y)-0.36%
ROE(3y)4.47%
ROE(5y)0.07%
ROIC(3y)11.37%
ROIC(5y)N/A
TRX.CA Yearly ROA, ROE, ROICTRX.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 -50 -100 -150

1.3 Margins

  • TRX has a better Operating Margin (44.54%) than 97.01% of its industry peers.
  • TRX's Operating Margin has improved in the last couple of years.
  • TRX has a better Gross Margin (54.88%) than 96.26% of its industry peers.
  • TRX's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 44.54%
PM (TTM) N/A
GM 54.88%
OM growth 3Y108.79%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-12.57%
GM growth 5YN/A
TRX.CA Yearly Profit, Operating, Gross MarginsTRX.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 40 60

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ROAROEROICOperating and Profit MarginShow most profitable peers

6

2. TRX.CA Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so TRX is creating value.
  • The number of shares outstanding for TRX has been increased compared to 1 year ago.
  • Compared to 5 years ago, TRX has more shares outstanding
  • The debt/assets ratio for TRX is higher compared to a year ago.
TRX.CA Yearly Shares OutstandingTRX.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M 250M
TRX.CA Yearly Total Debt VS Total AssetsTRX.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M 80M 100M

2.2 Solvency

  • An Altman-Z score of 3.59 indicates that TRX is not in any danger for bankruptcy at the moment.
  • TRX has a Altman-Z score (3.59) which is comparable to the rest of the industry.
  • TRX has a debt to FCF ratio of 3.71. This is a good value and a sign of high solvency as TRX would need 3.71 years to pay back of all of its debts.
  • TRX has a better Debt to FCF ratio (3.71) than 90.66% of its industry peers.
  • TRX has a Debt/Equity ratio of 0.04. This is a healthy value indicating a solid balance between debt and equity.
  • TRX has a worse Debt to Equity ratio (0.04) than 60.27% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.04
Debt/FCF 3.71
Altman-Z 3.59
ROIC/WACC1.87
WACC12.08%
TRX.CA Yearly LT Debt VS Equity VS FCFTRX.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20M 40M

2.3 Liquidity

  • TRX has a Current Ratio of 2.37. This indicates that TRX is financially healthy and has no problem in meeting its short term obligations.
  • TRX's Current ratio of 2.37 is in line compared to the rest of the industry. TRX outperforms 51.43% of its industry peers.
  • TRX has a Quick Ratio of 1.52. This is a normal value and indicates that TRX is financially healthy and should not expect problems in meeting its short term obligations.
  • TRX has a Quick ratio of 1.52. This is comparable to the rest of the industry: TRX outperforms 45.70% of its industry peers.
Industry RankSector Rank
Current Ratio 2.37
Quick Ratio 1.52
TRX.CA Yearly Current Assets VS Current LiabilitesTRX.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5M 10M 15M 20M 25M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

6

3. TRX.CA Growth Analysis

3.1 Past

  • The earnings per share for TRX have decreased strongly by -600.00% in the last year.
  • The Revenue has grown by 109.60% in the past year. This is a very strong growth!
  • The Revenue has been growing by 56.29% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-600%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-600%
Revenue 1Y (TTM)109.6%
Revenue growth 3Y56.29%
Revenue growth 5YN/A
Sales Q2Q%274.13%

3.2 Future

  • No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
  • Based on estimates for the next years, TRX will show a very strong growth in Revenue. The Revenue will grow by 95.55% on average per year.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year94.2%
Revenue Next 2Y95.55%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
TRX.CA Yearly Revenue VS EstimatesTRX.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2022 2023 2024 2025 2026 2027 50M 100M 150M 200M
TRX.CA Yearly EPS VS EstimatesTRX.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 2025 2026 2027 0 0.1 0.2

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Find the best growth stocksShow best growing peers

5

4. TRX.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • TRX reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
  • The Price/Forward Earnings ratio is 4.16, which indicates a rather cheap valuation of TRX.
  • Based on the Price/Forward Earnings ratio, TRX is valued cheaply inside the industry as 98.01% of the companies are valued more expensively.
  • TRX is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.12, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE N/A
Fwd PE 4.16
TRX.CA Price Earnings VS Forward Price EarningsTRX.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 40

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TRX indicates a rather cheap valuation: TRX is cheaper than 95.52% of the companies listed in the same industry.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of TRX indicates a rather cheap valuation: TRX is cheaper than 89.54% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 275.66
EV/EBITDA 7.58
TRX.CA Per share dataTRX.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.1 0.2 0.3

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. TRX.CA Dividend Analysis

5.1 Amount

  • TRX does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

TRX.CA Fundamentals: All Metrics, Ratios and Statistics

TRX GOLD CORP

TSX:TRX (4/27/2026, 7:00:00 PM)

1.6

-0.08 (-4.76%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)04-14
Earnings (Next)07-13
Inst Owners3.93%
Inst Owner ChangeN/A
Ins Owners2.01%
Ins Owner ChangeN/A
Market Cap521.49M
Revenue(TTM)95.17M
Net Income(TTM)-22.32M
Analysts80
Price Target3.1 (93.75%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
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)0
Avg EPS beat(2)-218.81%
Min EPS beat(2)-298.02%
Max EPS beat(2)-139.6%
EPS beat(4)0
Avg EPS beat(4)-142.9%
Min EPS beat(4)-298.02%
Max EPS beat(4)-33.99%
EPS beat(8)0
Avg EPS beat(8)-140.02%
EPS beat(12)0
Avg EPS beat(12)-126.68%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)13.89%
Min Revenue beat(2)0.14%
Max Revenue beat(2)27.63%
Revenue beat(4)3
Avg Revenue beat(4)3.91%
Min Revenue beat(4)-27.4%
Max Revenue beat(4)27.63%
Revenue beat(8)3
Avg Revenue beat(8)-9.07%
Revenue beat(12)3
Avg Revenue beat(12)-12.35%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)19.23%
PT rev (3m)47.58%
EPS NQ rev (1m)-12.5%
EPS NQ rev (3m)40%
EPS NY rev (1m)24.14%
EPS NY rev (3m)28.57%
Revenue NQ rev (1m)0.28%
Revenue NQ rev (3m)-0.79%
Revenue NY rev (1m)6.52%
Revenue NY rev (3m)-4.44%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 4.16
P/S 4.03
P/FCF 275.66
P/OCF 15.5
P/B 4.5
P/tB 4.5
EV/EBITDA 7.58
EPS(TTM)-0.1
EYN/A
EPS(NY)0.38
Fwd EY24.04%
FCF(TTM)0.01
FCFY0.36%
OCF(TTM)0.1
OCFY6.45%
SpS0.4
BVpS0.36
TBVpS0.36
PEG (NY)N/A
PEG (5Y)N/A
Graham Number0 (-100%)
Profitability
Industry RankSector Rank
ROA -14.09%
ROE -26.21%
ROCE 31.42%
ROIC 22.62%
ROICexc 28.03%
ROICexgc 28.03%
OM 44.54%
PM (TTM) N/A
GM 54.88%
FCFM 1.46%
ROA(3y)2.83%
ROA(5y)-0.36%
ROE(3y)4.47%
ROE(5y)0.07%
ROIC(3y)11.37%
ROIC(5y)N/A
ROICexc(3y)12.66%
ROICexc(5y)N/A
ROICexgc(3y)12.66%
ROICexgc(5y)N/A
ROCE(3y)15.8%
ROCE(5y)N/A
ROICexgc growth 3Y166.22%
ROICexgc growth 5YN/A
ROICexc growth 3Y166.22%
ROICexc growth 5YN/A
OM growth 3Y108.79%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-12.57%
GM growth 5YN/A
F-Score5
Asset Turnover0.6
Health
Industry RankSector Rank
Debt/Equity 0.04
Debt/FCF 3.71
Debt/EBITDA 0.07
Cap/Depr 426.7%
Cap/Sales 24.54%
Interest Coverage 250
Cash Conversion 51.7%
Profit Quality N/A
Current Ratio 2.37
Quick Ratio 1.52
Altman-Z 3.59
F-Score5
WACC12.08%
ROIC/WACC1.87
Cap/Depr(3y)756.49%
Cap/Depr(5y)3523.26%
Cap/Sales(3y)34.48%
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-600%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-600%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)109.6%
Revenue growth 3Y56.29%
Revenue growth 5YN/A
Sales Q2Q%274.13%
Revenue Next Year94.2%
Revenue Next 2Y95.55%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y315.74%
EBIT growth 3Y226.33%
EBIT growth 5YN/A
EBIT Next Year322.31%
EBIT Next 3Y82.17%
EBIT Next 5Y50.54%
FCF growth 1Y222.34%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y105.06%
OCF growth 3Y76.52%
OCF growth 5YN/A

TRX GOLD CORP / TRX.CA Fundamental Analysis FAQ

What is the ChartMill fundamental rating of TRX GOLD CORP (TRX.CA) stock?

ChartMill assigns a fundamental rating of 5 / 10 to TRX.CA.


What is the valuation status of TRX GOLD CORP (TRX.CA) stock?

ChartMill assigns a valuation rating of 5 / 10 to TRX GOLD CORP (TRX.CA). This can be considered as Fairly Valued.


Can you provide the profitability details for TRX GOLD CORP?

TRX GOLD CORP (TRX.CA) has a profitability rating of 5 / 10.


How financially healthy is TRX GOLD CORP?

The financial health rating of TRX GOLD CORP (TRX.CA) is 6 / 10.