TRX GOLD CORP (TRX) Fundamental Analysis & Valuation

NYSEARCA:TRX • CA87283P1099

Current stock price

1.24 USD
0 (0%)
At close:
1.23 USD
-0.01 (-0.81%)
After Hours:

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

4

1. TRX 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 Yearly Net Income VS EBIT VS OCF VS FCFTRX 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

  • With a Return On Assets value of -14.09%, TRX is not doing good in the industry: 71.17% of the companies in the same industry are doing better.
  • TRX has a Return On Equity of -26.21%. This is in the lower half of the industry: TRX underperforms 75.46% of its industry peers.
  • TRX has a Return On Invested Capital of 24.82%. This is amongst the best in the industry. TRX outperforms 96.32% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for TRX is significantly below the industry average of 58.81%.
  • The last Return On Invested Capital (24.82%) for TRX is above the 3 year average (12.48%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA -14.09%
ROE -26.21%
ROIC 24.82%
ROA(3y)2.83%
ROA(5y)-0.36%
ROE(3y)4.47%
ROE(5y)0.07%
ROIC(3y)12.48%
ROIC(5y)N/A
TRX Yearly ROA, ROE, ROICTRX 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 Operating Margin of 44.54%. This is amongst the best in the industry. TRX outperforms 90.80% of its industry peers.
  • TRX's Operating Margin has improved in the last couple of years.
  • TRX has a Gross Margin of 54.88%. This is amongst the best in the industry. TRX outperforms 86.50% of its industry peers.
  • In the last couple of years the Gross Margin of TRX has declined.
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 Yearly Profit, Operating, Gross MarginsTRX 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 Health Analysis

2.1 Basic Checks

  • TRX has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
  • The number of shares outstanding for TRX has been increased compared to 1 year ago.
  • The number of shares outstanding for TRX has been increased compared to 5 years ago.
  • The debt/assets ratio for TRX is higher compared to a year ago.
TRX Yearly Shares OutstandingTRX Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M 250M
TRX Yearly Total Debt VS Total AssetsTRX 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 3.76 indicates that TRX is not in any danger for bankruptcy at the moment.
  • TRX has a Altman-Z score (3.76) which is comparable to the rest of the industry.
  • The Debt to FCF ratio of TRX is 3.71, which is a good value as it means it would take TRX, 3.71 years of fcf income to pay off all of its debts.
  • TRX's Debt to FCF ratio of 3.71 is fine compared to the rest of the industry. TRX outperforms 71.78% 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.
  • Looking at the Debt to Equity ratio, with a value of 0.04, TRX is in the better half of the industry, outperforming 61.96% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.04
Debt/FCF 3.71
Altman-Z 3.76
ROIC/WACC2.03
WACC12.21%
TRX Yearly LT Debt VS Equity VS FCFTRX 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.
  • With a Current ratio value of 2.37, TRX perfoms like the industry average, outperforming 48.47% of the companies in the same industry.
  • 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.
  • The Quick ratio of TRX (1.52) is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 2.37
Quick Ratio 1.52
TRX Yearly Current Assets VS Current LiabilitesTRX 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 Growth Analysis

3.1 Past

  • TRX shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -600.00%.
  • Looking at the last year, TRX shows a very strong growth in Revenue. The Revenue has grown by 109.60%.
  • 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.
  • TRX is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 95.55% yearly.
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 Yearly Revenue VS EstimatesTRX Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2020 2022 2023 2024 2025 2026 2027 50M 100M 150M 200M
TRX Yearly EPS VS EstimatesTRX Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 0 0.1 0.2

More info and screens

Find the best growth stocksShow best growing peers

4

4. TRX Valuation Analysis

4.1 Price/Earnings Ratio

  • TRX reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
  • Based on the Price/Forward Earnings ratio of 4.38, the valuation of TRX can be described as very cheap.
  • Based on the Price/Forward Earnings ratio, TRX is valued cheaper than 96.93% of the companies in the same industry.
  • When comparing the Price/Forward Earnings ratio of TRX to the average of the S&P500 Index (22.24), we can say TRX is valued rather cheaply.
Industry RankSector Rank
PE N/A
Fwd PE 4.38
TRX Price Earnings VS Forward Price EarningsTRX Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 -10 20

4.2 Price Multiples

  • 84.66% of the companies in the same industry are more expensive than TRX, based on the Enterprise Value to EBITDA ratio.
  • The rest of the industry has a similar Price/Free Cash Flow ratio as TRX.
Industry RankSector Rank
P/FCF 290.55
EV/EBITDA 8.01
TRX Per share dataTRX EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.1 0.2

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 Dividend Analysis

5.1 Amount

  • No dividends for TRX!.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

TRX Fundamentals: All Metrics, Ratios and Statistics

TRX GOLD CORP

NYSEARCA:TRX (4/24/2026, 8:11:48 PM)

After market: 1.23 -0.01 (-0.81%)

1.24

0 (0%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)04-14
Earnings (Next)07-13
Inst Owners3.93%
Inst Owner Change0.75%
Ins Owners2.01%
Ins Owner ChangeN/A
Market Cap404.15M
Revenue(TTM)95.17M
Net Income(TTM)-22.32M
Analysts80
Price Target2.26 (82.26%)
Short Float %0.77%
Short Ratio0.4
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)21.23%
PT rev (3m)50.85%
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 4.38
P/S 4.25
P/FCF 290.55
P/OCF 16.33
P/B 4.75
P/tB 4.75
EV/EBITDA 8.01
EPS(TTM)-0.07
EYN/A
EPS(NY)0.28
Fwd EY22.81%
FCF(TTM)0
FCFY0.34%
OCF(TTM)0.08
OCFY6.12%
SpS0.29
BVpS0.26
TBVpS0.26
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 24.82%
ROICexc 30.75%
ROICexgc 30.75%
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)12.48%
ROIC(5y)N/A
ROICexc(3y)14.6%
ROICexc(5y)N/A
ROICexgc(3y)14.88%
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 3.76
F-Score5
WACC12.21%
ROIC/WACC2.03
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 Fundamental Analysis FAQ

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

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


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

ChartMill assigns a valuation rating of 4 / 10 to TRX GOLD CORP (TRX). This can be considered as Fairly Valued.


Can you provide the profitability details for TRX GOLD CORP?

TRX GOLD CORP (TRX) has a profitability rating of 4 / 10.


How financially healthy is TRX GOLD CORP?

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