Victoria Gold Corp (VGCX.CA) Stock Fundamental Analysis
TSX:VGCX - Toronto Stock Exchange - CA92625W5072 - Common Stock - Currency: CAD
Overall VGCX gets a fundamental rating of 6 out of 10. We evaluated VGCX against 805 industry peers in the Metals & Mining industry. VGCX has only an average score on both its financial health and profitability. VGCX scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
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.
Of the past 5 years VGCX 4 years were profitable.
Of the past 5 years VGCX 4 years had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.47%, VGCX belongs to the top of the industry, outperforming 87.91% of the companies in the same industry.
Looking at the Return On Equity, with a value of 2.58%, VGCX belongs to the top of the industry, outperforming 89.04% of the companies in the same industry.
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.
VGCX had an Average Return On Invested Capital over the past 3 years of 7.09%. This is significantly below the industry average of 12.37%.
| 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
The Profit Margin of VGCX (3.77%) is better than 92.07% of its industry peers.
VGCX's Profit Margin has declined in the last couple of years.
VGCX has a Operating Margin of 14.53%. This is amongst the best in the industry. VGCX outperforms 92.57% of its industry peers.
In the last couple of years the Operating Margin of VGCX has declined.
VGCX has a better Gross Margin (16.91%) than 88.67% of its industry peers.
VGCX's Gross Margin has declined in the last couple of years.
| 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
VGCX has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
VGCX has more shares outstanding than it did 1 year ago.
VGCX has more shares outstanding than it did 5 years ago.
The debt/assets ratio for VGCX has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.94, we must say that VGCX is in the distress zone and 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 has a Debt to FCF ratio of 4.38. This is amongst the best in the industry. VGCX outperforms 93.07% of its industry peers.
A Debt/Equity ratio of 0.33 indicates that VGCX is not too dependend on debt financing.
The Debt to Equity ratio of VGCX (0.33) is worse than 75.82% of its industry peers.
| 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 of 2.15. This is comparable to the rest of the industry: VGCX outperforms 51.13% of its industry peers.
VGCX has a Quick Ratio of 2.15. This is a bad value and indicates that VGCX is not financially healthy enough and could expect problems in meeting its short term obligations.
VGCX's Quick ratio of 0.40 is on the low side compared to the rest of the industry. VGCX is outperformed by 75.57% of its industry peers.
| 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.
The Revenue has grown by 12.37% in the past year. This is quite good.
VGCX shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 32.63% yearly.
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
VGCX is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 50.87% yearly.
Based on estimates for the next years, VGCX will show a small growth in Revenue. The Revenue will grow by 6.75% on average per year.
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
With a Price/Earnings ratio of 2.09, the valuation of VGCX can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of VGCX indicates a rather cheap valuation: VGCX is cheaper than 97.61% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of VGCX to the average of the S&P500 Index (27.48), we can say VGCX is valued rather cheaply.
With a Price/Forward Earnings ratio of 0.21, the valuation of VGCX can be described as very cheap.
VGCX's Price/Forward Earnings ratio is rather cheap when compared to the industry. VGCX is cheaper than 99.87% of the companies in the same industry.
VGCX's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 36.52.
| 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.
VGCX's Price/Free Cash Flow ratio is rather cheap when compared to the industry. VGCX is cheaper than 99.87% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 0.6 | ||
| EV/EBITDA | 1.66 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
VGCX has a very decent profitability rating, which may justify a higher PE ratio.
VGCX's earnings are expected to grow with 61.87% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.02
PEG (5Y)N/A
EPS Next 2Y146.03%
EPS Next 3Y61.87%
5. Dividend
5.1 Amount
VGCX does not give a dividend.
| 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