WESTGOLD RESOURCES LTD (WGX.CA) Stock Fundamental Analysis
Canada - TSX:WGX - AU000000WGX6 - Common Stock
4.7 CAD
-0.14 (-2.89%)
We assign a fundamental rating of 7 out of 10 to WGX. WGX was compared to 792 industry peers in the Metals & Mining industry. While WGX has a great profitability rating, there are some minor concerns on its financial health. WGX is evaluated to be cheap and growing strongly. This does not happen too often! These ratings could make WGX a good candidate for value and growth investing.
1. Profitability
1.1 Basic Checks
In the past year WGX was profitable.
In the past year WGX had a positive cash flow from operations.
Of the past 5 years WGX 4 years were profitable.
The reported operating cash flow has been mixed in the past 5 years: WGX reported negative operating cash flow in multiple years.
1.2 Ratios
With an excellent Return On Assets value of 4.23%, WGX belongs to the best of the industry, outperforming 88.51% of the companies in the same industry.
WGX's Return On Equity of 6.88% is amongst the best of the industry. WGX outperforms 89.27% of its industry peers.
WGX has a better Return On Invested Capital (4.78%) than 91.41% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for WGX is significantly below the industry average of 12.40%.
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
The Profit Margin of WGX (6.79%) is better than 90.91% of its industry peers.
WGX's Profit Margin has declined in the last couple of years.
With an excellent Operating Margin value of 13.40%, WGX belongs to the best of the industry, outperforming 91.04% of the companies in the same industry.
In the last couple of years the Operating Margin of WGX has grown nicely.
With an excellent Gross Margin value of 18.38%, WGX belongs to the best of the industry, outperforming 87.88% of the companies in the same industry.
In the last couple of years the Gross Margin of WGX has grown nicely.
| 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so WGX is destroying value.
Compared to 1 year ago, WGX has more shares outstanding
The number of shares outstanding for WGX has been increased compared to 5 years ago.
WGX has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.40 indicates that WGX is not in any danger for bankruptcy at the moment.
With a Altman-Z score value of 3.40, WGX perfoms like the industry average, outperforming 54.92% of the companies in the same 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.
WGX has a Debt to FCF ratio of 2.32. This is amongst the best in the industry. WGX outperforms 92.05% 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 of 0.02. This is comparable to the rest of the industry: WGX outperforms 42.80% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 2.32 | ||
| Altman-Z | 3.4 |
ROIC/WACC0.51
WACC9.33%
2.3 Liquidity
WGX has a Current Ratio of 1.16. This is a normal value and indicates that WGX is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of WGX (1.16) is comparable to the rest of the industry.
A Quick Ratio of 0.74 indicates that WGX may have some problems paying its short term obligations.
WGX has a worse Quick ratio (0.74) than 63.89% 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.
The earnings per share for WGX have been decreasing by -15.12% on average. This is quite bad
The Revenue has grown by 89.86% in the past year. This is a very strong growth!
Measured over the past years, WGX shows a very strong growth in Revenue. The Revenue has been growing by 22.54% on average per year.
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
Based on estimates for the next years, WGX will show a very strong growth in Earnings Per Share. The EPS will grow by 58.93% on average per year.
The Revenue is expected to grow by 21.47% on average over the next years. This is a very strong growth
EPS Next Y187.66%
EPS Next 2Y60.19%
EPS Next 3Y58.93%
EPS Next 5YN/A
Revenue Next Year52.62%
Revenue Next 2Y31.01%
Revenue Next 3Y21.47%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
The Price/Earnings ratio is 33.57, which means the current valuation is very expensive for WGX.
88.76% of the companies in the same industry are more expensive than WGX, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of WGX to the average of the S&P500 Index (26.03), we can say WGX is valued slightly more expensively.
The Price/Forward Earnings ratio is 11.03, which indicates a very decent valuation of WGX.
WGX's Price/Forward Earnings ratio is rather cheap when compared to the industry. WGX is cheaper than 92.68% of the companies in the same industry.
WGX is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.27, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.57 | ||
| Fwd PE | 11.03 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, WGX is valued cheaper than 90.40% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 76.54 | ||
| 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 58.93% in the coming years.
PEG (NY)0.18
PEG (5Y)N/A
EPS Next 2Y60.19%
EPS Next 3Y58.93%
5. Dividend
5.1 Amount
WGX has a yearly dividend return of 0.59%, which is pretty low.
Compared to an average industry Dividend Yield of 12.97, WGX pays a better dividend. On top of this WGX pays more dividend than 95.83% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.38, WGX's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.59% |
5.2 History
WGX has been paying a dividend for less than 5 years, so it still needs to build a track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
4.38% of the earnings are spent on dividend by WGX. This is a low number and sustainable payout ratio.
DP4.38%
EPS Next 2Y60.19%
EPS Next 3Y58.93%
TSX:WGX (11/4/2025, 7:00:00 PM)
4.7
-0.14 (-2.89%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners64.66%
Inst Owner ChangeN/A
Ins Owners0.17%
Ins Owner ChangeN/A
Market Cap4.44B
Revenue(TTM)1.99B
Net Income(TTM)135.44M
Analysts82.22
Price Target6.24 (32.77%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.59% |
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)59.96%
PT rev (3m)78.9%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)4.27%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)8.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.57 | ||
| Fwd PE | 11.03 | ||
| P/S | 2.43 | ||
| P/FCF | 76.54 | ||
| P/OCF | 13.6 | ||
| P/B | 2.47 | ||
| P/tB | 2.47 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.14
EY2.98%
EPS(NY)0.43
Fwd EY9.07%
FCF(TTM)0.06
FCFY1.31%
OCF(TTM)0.35
OCFY7.35%
SpS1.93
BVpS1.91
TBVpS1.91
PEG (NY)0.18
PEG (5Y)N/A
Graham Number2.45
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 | 3.4 |
F-Score4
WACC9.33%
ROIC/WACC0.51
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 Y187.66%
EPS Next 2Y60.19%
EPS Next 3Y58.93%
EPS Next 5YN/A
Revenue 1Y (TTM)89.86%
Revenue growth 3Y28.07%
Revenue growth 5Y22.54%
Sales Q2Q%108.38%
Revenue Next Year52.62%
Revenue Next 2Y31.01%
Revenue Next 3Y21.47%
Revenue Next 5YN/A
EBIT growth 1Y39.4%
EBIT growth 3Y87.4%
EBIT growth 5Y48.48%
EBIT Next Year304.1%
EBIT Next 3Y77.44%
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 187.66% in the next year.