Victoria Gold Corp (VGCX.CA) Stock Fundamental Analysis
TSX:VGCX - Toronto Stock Exchange - CA92625W5072 - Common Stock - Currency: CAD
VGCX gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 806 industry peers in the Metals & Mining industry. Both the profitability and the financial health of VGCX get a neutral evaluation. Nothing too spectacular is happening here. A decent growth rate in combination with a cheap valuation! Better keep an eye on VGCX.
1. Profitability
1.1 Basic Checks
In the past year VGCX was profitable.
In the past year VGCX had a positive cash flow from operations.
VGCX had positive earnings in 4 of the past 5 years.
Of the past 5 years VGCX 4 years had a positive operating cash flow.
1.2 Ratios
VGCX's Return On Assets of 1.47% is amongst the best of the industry. VGCX outperforms 87.91% of its industry peers.
VGCX has a Return On Equity of 2.58%. This is amongst the best in the industry. VGCX outperforms 89.04% of its industry peers.
Looking at the Return On Invested Capital, with a value of 3.86%, VGCX belongs to the top of the industry, outperforming 92.19% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for VGCX is below the industry average of 11.60%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.47% | ||
| ROE | 2.58% | ||
| ROIC | 3.86% |
ROA(3y)6.16%
ROA(5y)3.63%
ROE(3y)11.29%
ROE(5y)6.79%
ROIC(3y)7.09%
ROIC(5y)N/A
1.3 Margins
VGCX has a better Profit Margin (3.77%) than 92.07% of its industry peers.
VGCX's Profit Margin has declined in the last couple of years.
The Operating Margin of VGCX (14.53%) is better than 92.57% of its industry peers.
In the last couple of years the Operating Margin of VGCX has declined.
The Gross Margin of VGCX (16.91%) is better than 88.67% of its industry peers.
In the last couple of years the Gross Margin of VGCX has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.53% | ||
| PM (TTM) | 3.77% | ||
| GM | 16.91% |
OM growth 3Y-23.31%
OM growth 5YN/A
PM growth 3Y-11.22%
PM growth 5YN/A
GM growth 3Y-23.32%
GM growth 5YN/A
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so VGCX is still creating some value.
The number of shares outstanding for VGCX has been increased compared to 1 year ago.
Compared to 5 years ago, VGCX has more shares outstanding
The debt/assets ratio for VGCX has been reduced compared to a year ago.
2.2 Solvency
VGCX has an Altman-Z score of 0.94. This is a bad value and indicates that VGCX is not financially healthy and even has some risk of bankruptcy.
VGCX has a Altman-Z score of 0.94. This is comparable to the rest of the industry: VGCX outperforms 46.60% of its industry peers.
The Debt to FCF ratio of VGCX is 4.38, which is a neutral value as it means it would take VGCX, 4.38 years of fcf income to pay off all of its debts.
VGCX's Debt to FCF ratio of 4.38 is amongst the best of the industry. VGCX outperforms 93.07% of its industry peers.
VGCX has a Debt/Equity ratio of 0.33. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.33, VGCX is not doing good in the industry: 75.82% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 4.38 | ||
| Altman-Z | 0.94 |
ROIC/WACC0.63
WACC6.17%
2.3 Liquidity
VGCX has a Current Ratio of 2.15. This indicates that VGCX is financially healthy and has no problem in meeting its short term obligations.
VGCX has a Current ratio (2.15) which is in line with its industry peers.
A Quick Ratio of 0.40 indicates that VGCX may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.40, VGCX is doing worse than 75.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.15 | ||
| Quick Ratio | 0.4 |
3. Growth
3.1 Past
VGCX shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -23.33%.
The Earnings Per Share has been growing by 16.37% on average over the past years. This is quite good.
VGCX shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 12.37%.
Measured over the past years, VGCX shows a very strong growth in Revenue. The Revenue has been growing by 32.63% on average per year.
EPS 1Y (TTM)-23.33%
EPS 3Y16.37%
EPS 5YN/A
EPS Q2Q%-750%
Revenue 1Y (TTM)12.37%
Revenue growth 3Y32.63%
Revenue growth 5YN/A
Sales Q2Q%-14.05%
3.2 Future
Based on estimates for the next years, VGCX will show a very strong growth in Earnings Per Share. The EPS will grow by 50.87% on average per year.
VGCX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.75% yearly.
EPS Next Y114.74%
EPS Next 2Y146.03%
EPS Next 3Y61.87%
EPS Next 5Y50.87%
Revenue Next Year5.36%
Revenue Next 2Y26.42%
Revenue Next 3Y9.96%
Revenue Next 5Y6.75%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
VGCX is valuated cheaply with a Price/Earnings ratio of 2.09.
97.61% of the companies in the same industry are more expensive than VGCX, based on the Price/Earnings ratio.
VGCX's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.86.
With a Price/Forward Earnings ratio of 0.21, the valuation of VGCX can be described as very cheap.
Based on the Price/Forward Earnings ratio, VGCX is valued cheaper than 99.87% of the companies in the same industry.
VGCX is valuated cheaply when we compare the Price/Forward Earnings ratio to 34.94, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 2.09 | ||
| Fwd PE | 0.21 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, VGCX is valued cheaply inside the industry as 99.37% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, VGCX is valued cheaply inside the industry as 99.87% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 0.6 | ||
| EV/EBITDA | 1.66 |
4.3 Compensation for Growth
VGCX'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 VGCX may justify a higher PE ratio.
A more expensive valuation may be justified as VGCX's earnings are expected to grow with 61.87% in the coming years.
PEG (NY)0.02
PEG (5Y)N/A
EPS Next 2Y146.03%
EPS Next 3Y61.87%
5. Dividend
5.1 Amount
No dividends for VGCX!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX:VGCX (8/13/2024, 7:00:00 PM)
0.48
+0.02 (+4.35%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners24.47%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap32.51M
Analysts80
Price Target13.18 (2645.83%)
Short Float %N/A
Short RatioN/A
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)0
Avg EPS beat(2)-173.31%
Min EPS beat(2)-266.23%
Max EPS beat(2)-80.39%
EPS beat(4)0
Avg EPS beat(4)-105.83%
Min EPS beat(4)-266.23%
Max EPS beat(4)-25.7%
EPS beat(8)2
Avg EPS beat(8)-77.62%
EPS beat(12)5
Avg EPS beat(12)-25.66%
EPS beat(16)9
Avg EPS beat(16)47.36%
Revenue beat(2)0
Avg Revenue beat(2)-13.67%
Min Revenue beat(2)-16.34%
Max Revenue beat(2)-10.99%
Revenue beat(4)1
Avg Revenue beat(4)-6.41%
Min Revenue beat(4)-16.34%
Max Revenue beat(4)4.46%
Revenue beat(8)2
Avg Revenue beat(8)4.52%
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)15.46%
PT rev (3m)-12%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-142.86%
EPS NY rev (1m)-2.83%
EPS NY rev (3m)15.39%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-8.6%
Revenue NY rev (3m)0.63%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 2.09 | ||
| Fwd PE | 0.21 | ||
| P/S | 0.08 | ||
| P/FCF | 0.6 | ||
| P/OCF | 0.25 | ||
| P/B | 0.06 | ||
| P/tB | 0.06 | ||
| EV/EBITDA | 1.66 |
EPS(TTM)0.23
EY47.92%
EPS(NY)2.3
Fwd EY479.19%
FCF(TTM)0.8
FCFY165.79%
OCF(TTM)1.95
OCFY407.01%
SpS5.96
BVpS8.7
TBVpS8.7
PEG (NY)0.02
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.47% | ||
| ROE | 2.58% | ||
| ROCE | 6.47% | ||
| ROIC | 3.86% | ||
| ROICexc | 4.03% | ||
| ROICexgc | 4.03% | ||
| OM | 14.53% | ||
| PM (TTM) | 3.77% | ||
| GM | 16.91% | ||
| FCFM | 13.36% |
ROA(3y)6.16%
ROA(5y)3.63%
ROE(3y)11.29%
ROE(5y)6.79%
ROIC(3y)7.09%
ROIC(5y)N/A
ROICexc(3y)7.43%
ROICexc(5y)N/A
ROICexgc(3y)7.43%
ROICexgc(5y)N/A
ROCE(3y)11.89%
ROCE(5y)N/A
ROICexcg growth 3Y-10.92%
ROICexcg growth 5YN/A
ROICexc growth 3Y-10.92%
ROICexc growth 5YN/A
OM growth 3Y-23.31%
OM growth 5YN/A
PM growth 3Y-11.22%
PM growth 5YN/A
GM growth 3Y-23.32%
GM growth 5YN/A
F-Score6
Asset Turnover0.39
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 4.38 | ||
| Debt/EBITDA | 1.48 | ||
| Cap/Depr | 107.85% | ||
| Cap/Sales | 19.44% | ||
| Interest Coverage | 2.87 | ||
| Cash Conversion | 100.76% | ||
| Profit Quality | 354.68% | ||
| Current Ratio | 2.15 | ||
| Quick Ratio | 0.4 | ||
| Altman-Z | 0.94 |
F-Score6
WACC6.17%
ROIC/WACC0.63
Cap/Depr(3y)155.47%
Cap/Depr(5y)N/A
Cap/Sales(3y)28.99%
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-23.33%
EPS 3Y16.37%
EPS 5YN/A
EPS Q2Q%-750%
EPS Next Y114.74%
EPS Next 2Y146.03%
EPS Next 3Y61.87%
EPS Next 5Y50.87%
Revenue 1Y (TTM)12.37%
Revenue growth 3Y32.63%
Revenue growth 5YN/A
Sales Q2Q%-14.05%
Revenue Next Year5.36%
Revenue Next 2Y26.42%
Revenue Next 3Y9.96%
Revenue Next 5Y6.75%
EBIT growth 1Y-20.17%
EBIT growth 3Y1.71%
EBIT growth 5YN/A
EBIT Next Year-60.46%
EBIT Next 3Y20.34%
EBIT Next 5Y13.23%
FCF growth 1Y302.11%
FCF growth 3Y-7.11%
FCF growth 5YN/A
OCF growth 1Y17.38%
OCF growth 3Y0.58%
OCF growth 5YN/A