WESTGOLD RESOURCES LTD (WGX.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:WGX - AU000000WGX6 - Common Stock
5.33 CAD
-0.11 (-2.02%)
WGX gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 803 industry peers in the Metals & Mining industry. While WGX belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. An interesting combination arises when we look at growth and value: WGX is growing strongly while it also seems undervalued. These ratings could make WGX a good candidate for value and growth investing.
1. Profitability
1.1 Basic Checks
WGX had positive earnings in the past year.
WGX had a positive operating cash flow in the past year.
Of the past 5 years WGX 4 years were profitable.
In multiple years WGX reported negative operating cash flow during the last 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 4.23%, WGX belongs to the top of the industry, outperforming 88.04% of the companies in the same industry.
WGX's Return On Equity of 6.88% is amongst the best of the industry. WGX outperforms 88.67% of its industry peers.
With an excellent Return On Invested Capital value of 4.78%, WGX belongs to the best of the industry, outperforming 90.78% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for WGX is significantly below the industry average of 12.71%.
The last Return On Invested Capital (4.78%) for WGX is above the 3 year average (3.82%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.23% | ||
| ROE | 6.88% | ||
| ROIC | 4.78% |
ROA(3y)3.79%
ROA(5y)1.29%
ROE(3y)5.73%
ROE(5y)2.19%
ROIC(3y)3.82%
ROIC(5y)4.15%
1.3 Margins
With an excellent Profit Margin value of 6.79%, WGX belongs to the best of the industry, outperforming 90.66% of the companies in the same industry.
In the last couple of years the Profit Margin of WGX has declined.
With an excellent Operating Margin value of 13.40%, WGX belongs to the best of the industry, outperforming 90.78% of the companies in the same industry.
WGX's Operating Margin has improved in the last couple of years.
WGX has a better Gross Margin (18.38%) than 87.42% of its industry peers.
WGX's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.4% | ||
| PM (TTM) | 6.79% | ||
| GM | 18.38% |
OM growth 3Y46.33%
OM growth 5Y21.17%
PM growth 3YN/A
PM growth 5Y-18.33%
GM growth 3Y43.87%
GM growth 5Y22.72%
2. Health
2.1 Basic Checks
WGX has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
WGX has more shares outstanding than it did 1 year ago.
WGX has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, WGX has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.68 indicates that WGX is not in any danger for bankruptcy at the moment.
The Altman-Z score of WGX (3.68) is comparable to the rest of the industry.
The Debt to FCF ratio of WGX is 2.32, which is a good value as it means it would take WGX, 2.32 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of WGX (2.32) is better than 91.53% of its industry peers.
A Debt/Equity ratio of 0.02 indicates that WGX is not too dependend on debt financing.
WGX has a Debt to Equity ratio (0.02) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 2.32 | ||
| Altman-Z | 3.68 |
ROIC/WACC0.46
WACC10.39%
2.3 Liquidity
A Current Ratio of 1.16 indicates that WGX should not have too much problems paying its short term obligations.
WGX has a Current ratio (1.16) which is in line with its industry peers.
A Quick Ratio of 0.74 indicates that WGX may have some problems paying its short term obligations.
WGX has a Quick ratio of 0.74. This is in the lower half of the industry: WGX underperforms 64.38% of its industry peers.
WGX does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.16 | ||
| Quick Ratio | 0.74 |
3. Growth
3.1 Past
The earnings per share for WGX have decreased strongly by -80.75% in the last year.
Measured over the past years, WGX shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -15.12% on average per year.
The Revenue has grown by 89.86% in the past year. This is a very strong growth!
The Revenue has been growing by 22.54% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-80.75%
EPS 3YN/A
EPS 5Y-15.12%
EPS Q2Q%-33.68%
Revenue 1Y (TTM)89.86%
Revenue growth 3Y28.07%
Revenue growth 5Y22.54%
Sales Q2Q%108.38%
3.2 Future
The Earnings Per Share is expected to grow by 75.58% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 26.05% on average over the next years. This is a very strong growth
EPS Next Y313.47%
EPS Next 2Y130.17%
EPS Next 3Y75.58%
EPS Next 5YN/A
Revenue Next Year64.58%
Revenue Next 2Y37.98%
Revenue Next 3Y26.05%
Revenue Next 5YN/A
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 stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 35.53, WGX can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Earnings ratio of WGX indicates a rather cheap valuation: WGX is cheaper than 88.29% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of WGX to the average of the S&P500 Index (26.49), we can say WGX is valued slightly more expensively.
With a Price/Forward Earnings ratio of 8.60, the valuation of WGX can be described as very reasonable.
Based on the Price/Forward Earnings ratio, WGX is valued cheaply inside the industry as 93.90% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of WGX to the average of the S&P500 Index (23.69), we can say WGX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.53 | ||
| Fwd PE | 8.6 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, WGX is valued cheaper than 90.78% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 85.81 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
WGX's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
WGX has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as WGX's earnings are expected to grow with 75.58% in the coming years.
PEG (NY)0.11
PEG (5Y)N/A
EPS Next 2Y130.17%
EPS Next 3Y75.58%
5. Dividend
5.1 Amount
WGX has a yearly dividend return of 0.56%, which is pretty low.
WGX's Dividend Yield is rather good when compared to the industry average which is at 10.79. WGX pays more dividend than 95.77% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.31, WGX's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.56% |
5.2 History
WGX has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
WGX pays out 4.38% of its income as dividend. This is a sustainable payout ratio.
DP4.38%
EPS Next 2Y130.17%
EPS Next 3Y75.58%
TSX:WGX (12/5/2025, 7:00:00 PM)
5.33
-0.11 (-2.02%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners66.68%
Inst Owner ChangeN/A
Ins Owners0.17%
Ins Owner ChangeN/A
Market Cap5.04B
Revenue(TTM)1.99B
Net Income(TTM)135.44M
Analysts82.22
Price Target6.56 (23.08%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.56% |
Yearly Dividend0.01
Dividend Growth(5Y)N/A
DP4.38%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
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)5.2%
PT rev (3m)84.93%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.33%
EPS NY rev (3m)38.4%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.04%
Revenue NY rev (3m)18.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.53 | ||
| Fwd PE | 8.6 | ||
| P/S | 2.73 | ||
| P/FCF | 85.81 | ||
| P/OCF | 15.25 | ||
| P/B | 2.76 | ||
| P/tB | 2.76 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.15
EY2.81%
EPS(NY)0.62
Fwd EY11.62%
FCF(TTM)0.06
FCFY1.17%
OCF(TTM)0.35
OCFY6.56%
SpS1.95
BVpS1.93
TBVpS1.93
PEG (NY)0.11
PEG (5Y)N/A
Graham Number2.55
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.23% | ||
| ROE | 6.88% | ||
| ROCE | 9.51% | ||
| ROIC | 4.78% | ||
| ROICexc | 5.23% | ||
| ROICexgc | 5.23% | ||
| OM | 13.4% | ||
| PM (TTM) | 6.79% | ||
| GM | 18.38% | ||
| FCFM | 3.18% |
ROA(3y)3.79%
ROA(5y)1.29%
ROE(3y)5.73%
ROE(5y)2.19%
ROIC(3y)3.82%
ROIC(5y)4.15%
ROICexc(3y)4.93%
ROICexc(5y)5.31%
ROICexgc(3y)4.93%
ROICexgc(5y)5.31%
ROCE(3y)7.59%
ROCE(5y)8.26%
ROICexgc growth 3Y10.03%
ROICexgc growth 5Y7.71%
ROICexc growth 3Y10.03%
ROICexc growth 5Y7.71%
OM growth 3Y46.33%
OM growth 5Y21.17%
PM growth 3YN/A
PM growth 5Y-18.33%
GM growth 3Y43.87%
GM growth 5Y22.72%
F-Score4
Asset Turnover0.62
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 2.32 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 14.72% | ||
| Interest Coverage | -32.09 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 46.84% | ||
| Current Ratio | 1.16 | ||
| Quick Ratio | 0.74 | ||
| Altman-Z | 3.68 |
F-Score4
WACC10.39%
ROIC/WACC0.46
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-80.75%
EPS 3YN/A
EPS 5Y-15.12%
EPS Q2Q%-33.68%
EPS Next Y313.47%
EPS Next 2Y130.17%
EPS Next 3Y75.58%
EPS Next 5YN/A
Revenue 1Y (TTM)89.86%
Revenue growth 3Y28.07%
Revenue growth 5Y22.54%
Sales Q2Q%108.38%
Revenue Next Year64.58%
Revenue Next 2Y37.98%
Revenue Next 3Y26.05%
Revenue Next 5YN/A
EBIT growth 1Y39.4%
EBIT growth 3Y87.4%
EBIT growth 5Y48.48%
EBIT Next Year422.39%
EBIT Next 3Y87.68%
EBIT Next 5YN/A
FCF growth 1YN/A
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1YN/A
OCF growth 3Y25.68%
OCF growth 5Y18.05%
WESTGOLD RESOURCES LTD / WGX.CA FAQ
Can you provide the ChartMill fundamental rating for WESTGOLD RESOURCES LTD?
ChartMill assigns a fundamental rating of 7 / 10 to WGX.CA.
What is the valuation status for WGX stock?
ChartMill assigns a valuation rating of 7 / 10 to WESTGOLD RESOURCES LTD (WGX.CA). This can be considered as Undervalued.
What is the profitability of WGX stock?
WESTGOLD RESOURCES LTD (WGX.CA) has a profitability rating of 8 / 10.
How financially healthy is WESTGOLD RESOURCES LTD?
The financial health rating of WESTGOLD RESOURCES LTD (WGX.CA) is 6 / 10.
What is the expected EPS growth for WESTGOLD RESOURCES LTD (WGX.CA) stock?
The Earnings per Share (EPS) of WESTGOLD RESOURCES LTD (WGX.CA) is expected to grow by 313.47% in the next year.