WESTGOLD RESOURCES LTD (WGX.CA) Stock Fundamental Analysis
TSX:WGX - Toronto Stock Exchange - AU000000WGX6 - Common Stock - Currency: CAD
Taking everything into account, WGX scores 6 out of 10 in our fundamental rating. WGX was compared to 794 industry peers in the Metals & Mining industry. While WGX has a great profitability rating, there are quite some concerns on its financial health. WGX is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one!
1. Profitability
1.1 Basic Checks
WGX had positive earnings 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
WGX's Return On Assets of 4.09% is amongst the best of the industry. WGX outperforms 88.16% of its industry peers.
WGX has a better Return On Equity (6.25%) than 89.17% of its industry peers.
Looking at the Return On Invested Capital, with a value of 6.83%, WGX belongs to the top of the industry, outperforming 92.32% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for WGX is significantly below the industry average of 11.36%.
The 3 year average ROIC (4.76%) for WGX is below the current ROIC(6.83%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.09% | ||
| ROE | 6.25% | ||
| ROIC | 6.83% |
ROA(3y)-1.05%
ROA(5y)1.99%
ROE(3y)-1.16%
ROE(5y)3.16%
ROIC(3y)4.76%
ROIC(5y)5.46%
1.3 Margins
WGX's Profit Margin of 7.73% is amongst the best of the industry. WGX outperforms 91.44% of its industry peers.
In the last couple of years the Profit Margin of WGX has grown nicely.
The Operating Margin of WGX (16.13%) is better than 91.18% of its industry peers.
In the last couple of years the Operating Margin of WGX has grown nicely.
Looking at the Gross Margin, with a value of 21.29%, WGX belongs to the top of the industry, outperforming 88.16% of the companies in the same industry.
WGX's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.13% | ||
| PM (TTM) | 7.73% | ||
| GM | 21.29% |
OM growth 3Y-3.01%
OM growth 5Y65.25%
PM growth 3Y-0.36%
PM growth 5Y31.52%
GM growth 3Y0.88%
GM growth 5Y55.02%
2. Health
2.1 Basic Checks
WGX has about the same amout of shares outstanding than it did 1 year ago.
WGX has more shares outstanding than it did 5 years ago.
The debt/assets ratio for WGX is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.53 indicates that WGX is not a great score, but indicates only limited risk for bankruptcy at the moment.
WGX has a Altman-Z score (2.53) which is comparable to the rest of the industry.
A Debt/Equity ratio of 0.02 indicates that WGX is not too dependend on debt financing.
WGX's Debt to Equity ratio of 0.02 is in line compared to the rest of the industry. WGX outperforms 44.46% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.53 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
WGX has a Current Ratio of 1.07. This is a normal value and indicates that WGX is financially healthy and should not expect problems in meeting its short term obligations.
WGX has a Current ratio of 1.07. This is comparable to the rest of the industry: WGX outperforms 43.45% of its industry peers.
A Quick Ratio of 0.71 indicates that WGX may have some problems paying its short term obligations.
WGX has a Quick ratio of 0.71. This is in the lower half of the industry: WGX underperforms 61.96% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.07 | ||
| Quick Ratio | 0.71 |
3. Growth
3.1 Past
WGX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 837.91%, which is quite impressive.
The Earnings Per Share has been growing by 40.85% on average over the past years. This is a very strong growth
The Revenue has grown by 9.11% in the past year. This is quite good.
The Revenue has been growing by 11.36% on average over the past years. This is quite good.
EPS 1Y (TTM)837.91%
EPS 3Y2.98%
EPS 5Y40.85%
EPS Q2Q%N/A
Revenue 1Y (TTM)9.11%
Revenue growth 3Y7.85%
Revenue growth 5Y11.36%
Sales Q2Q%N/A
3.2 Future
The Earnings Per Share is expected to grow by 10.22% on average over the next years. This is quite good.
Based on estimates for the next years, WGX will show a very strong growth in Revenue. The Revenue will grow by 33.32% on average per year.
EPS Next Y16.96%
EPS Next 2Y50.25%
EPS Next 3Y30.14%
EPS Next 5Y10.22%
Revenue Next Year92.33%
Revenue Next 2Y63.95%
Revenue Next 3Y41.07%
Revenue Next 5Y33.32%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 14.78 indicates a correct valuation of WGX.
92.19% of the companies in the same industry are more expensive than WGX, based on the Price/Earnings ratio.
WGX is valuated rather cheaply when we compare the Price/Earnings ratio to 27.11, which is the current average of the S&P500 Index.
WGX is valuated cheaply with a Price/Forward Earnings ratio of 6.60.
Based on the Price/Forward Earnings ratio, WGX is valued cheaper than 94.84% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 35.78, WGX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.78 | ||
| Fwd PE | 6.6 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| 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.
The excellent profitability rating of WGX may justify a higher PE ratio.
A more expensive valuation may be justified as WGX's earnings are expected to grow with 30.14% in the coming years.
PEG (NY)0.87
PEG (5Y)0.36
EPS Next 2Y50.25%
EPS Next 3Y30.14%
5. Dividend
5.1 Amount
With a yearly dividend of 0.47%, WGX is not a good candidate for dividend investing.
WGX's Dividend Yield is rather good when compared to the industry average which is at 17.11. WGX pays more dividend than 94.96% of the companies in the same industry.
With a Dividend Yield of 0.47, WGX pays less dividend than the S&P500 average, which is at 2.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.47% |
5.2 History
WGX is new to the dividend game and has less than 3 years of track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
8.56% of the earnings are spent on dividend by WGX. This is a low number and sustainable payout ratio.
DP8.56%
EPS Next 2Y50.25%
EPS Next 3Y30.14%
TSX:WGX (8/13/2025, 7:00:00 PM)
2.66
+0.03 (+1.14%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners61.72%
Inst Owner ChangeN/A
Ins Owners0.11%
Ins Owner ChangeN/A
Market Cap2.51B
Analysts82.22
Price Target3.61 (35.71%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.47% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP8.56%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
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)2.86%
PT rev (3m)0.34%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-3.75%
Revenue NY rev (3m)-3.75%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.78 | ||
| Fwd PE | 6.6 | ||
| P/S | 1.73 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 1.4 | ||
| P/tB | 1.4 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.18
EY6.77%
EPS(NY)0.4
Fwd EY15.15%
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpS1.54
BVpS1.9
TBVpS1.9
PEG (NY)0.87
PEG (5Y)0.36
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.09% | ||
| ROE | 6.25% | ||
| ROCE | 9.67% | ||
| ROIC | 6.83% | ||
| ROICexc | 7.31% | ||
| ROICexgc | 7.31% | ||
| OM | 16.13% | ||
| PM (TTM) | 7.73% | ||
| GM | 21.29% | ||
| FCFM | N/A |
ROA(3y)-1.05%
ROA(5y)1.99%
ROE(3y)-1.16%
ROE(5y)3.16%
ROIC(3y)4.76%
ROIC(5y)5.46%
ROICexc(3y)6.51%
ROICexc(5y)7.15%
ROICexgc(3y)6.51%
ROICexgc(5y)7.15%
ROCE(3y)6.74%
ROCE(5y)7.73%
ROICexcg growth 3Y4.65%
ROICexcg growth 5Y75.71%
ROICexc growth 3Y4.65%
ROICexc growth 5Y75.71%
OM growth 3Y-3.01%
OM growth 5Y65.25%
PM growth 3Y-0.36%
PM growth 5Y31.52%
GM growth 3Y0.88%
GM growth 5Y55.02%
F-ScoreN/A
Asset Turnover0.53
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.07 | ||
| Quick Ratio | 0.71 | ||
| Altman-Z | 2.53 |
F-ScoreN/A
WACCN/A
ROIC/WACCN/A
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)837.91%
EPS 3Y2.98%
EPS 5Y40.85%
EPS Q2Q%N/A
EPS Next Y16.96%
EPS Next 2Y50.25%
EPS Next 3Y30.14%
EPS Next 5Y10.22%
Revenue 1Y (TTM)9.11%
Revenue growth 3Y7.85%
Revenue growth 5Y11.36%
Sales Q2Q%N/A
Revenue Next Year92.33%
Revenue Next 2Y63.95%
Revenue Next 3Y41.07%
Revenue Next 5Y33.32%
EBIT growth 1Y1400.35%
EBIT growth 3Y4.6%
EBIT growth 5Y84.03%
EBIT Next Year324.67%
EBIT Next 3Y91.39%
EBIT Next 5Y69.04%
FCF growth 1YN/A
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1YN/A
OCF growth 3YN/A
OCF growth 5YN/A