ELDORADO GOLD CORPORATION |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 22.04 CAD | -1.12% |
|
+3.38% | +28.14% |
| May. 31 | Eldorado Gold Upgraded by Moody's | MT |
| May. 29 | Eldorado Gold Upgraded to Outperform at RBC | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 1,271 | 2,308 | 1,711 | 1,536 | 2,643 | 3,288 | - | - |
| Enterprise Value (EV) 1 | 1,591 | 2,357 | 1,719 | 1,750 | 2,738 | 3,585 | 3,628 | 3,164 |
| P/E ratio | 16 x | 22.1 x | -12.5 x | -4.31 x | 24 x | 15.5 x | 11.2 x | 8.43 x |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | 2.06 x | 2.25 x | 1.82 x | 1.76 x | 2.62 x | 2.64 x | 2.35 x | 1.73 x |
| EV / Revenue | 2.58 x | 2.3 x | 1.83 x | 2.01 x | 2.72 x | 2.88 x | 2.59 x | 1.67 x |
| EV / EBITDA | 7.52 x | 4.47 x | 3.94 x | 5.63 x | 6.04 x | 5.61 x | 5.18 x | 3.22 x |
| EV / FCF | -30.3 x | 10 x | 20.5 x | -22.2 x | -98.9 x | -21.9 x | -177 x | 7.36 x |
| FCF Yield | -3.3% | 9.96% | 4.87% | -4.51% | -1.01% | -4.58% | -0.56% | 13.6% |
| Price to Book | 0.37 x | 0.63 x | 0.47 x | 0.48 x | - | - | - | - |
| Nbr of stocks (in thousands) | 158,462 | 174,234 | 182,391 | 184,416 | 203,706 | 203,529 | - | - |
| Reference price 2 | 8.024 | 13.24 | 9.380 | 8.326 | 12.97 | 16.15 | 16.15 | 16.15 |
| Announcement Date | 2/20/20 | 2/25/21 | 2/24/22 | 2/23/23 | 2/22/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 617.8 | 1,027 | 940.9 | 872 | 1,008 | 1,246 | 1,399 | 1,895 |
| EBITDA 1 | 211.6 | 526.7 | 436.3 | 310.8 | 453.1 | 639.2 | 700.5 | 981.3 |
| EBIT 1 | 56.22 | 280.1 | 233.4 | 68.4 | 188.8 | 391.5 | 473.9 | 758 |
| Operating Margin | 9.1% | 27.28% | 24.81% | 7.84% | 18.72% | 31.43% | 33.89% | 39.99% |
| Earnings before Tax (EBT) 1 | 113.5 | 176.5 | 151.1 | 11.86 | 163.4 | 335.5 | 491.5 | 682.5 |
| Net income 1 | 80.59 | 104.5 | -136 | -353.8 | 104.6 | 217 | 259.1 | 391.7 |
| Net margin | 13.04% | 10.18% | -14.46% | -40.58% | 10.37% | 17.42% | 18.52% | 20.67% |
| EPS 2 | 0.5000 | 0.6000 | -0.7500 | -1.930 | 0.5400 | 1.045 | 1.447 | 1.917 |
| Free Cash Flow 1 | -52.53 | 234.7 | 83.77 | -78.86 | -27.69 | -164 | -20.47 | 429.8 |
| FCF margin | -8.5% | 22.86% | 8.9% | -9.04% | -2.75% | -13.17% | -1.46% | 22.68% |
| FCF Conversion (EBITDA) | - | 44.56% | 19.2% | - | - | - | - | 43.79% |
| FCF Conversion (Net income) | - | 224.5% | - | - | - | - | - | 109.72% |
| Dividend per Share 2 | - | - | - | - | - | - | - | - |
| Announcement Date | 2/20/20 | 2/25/21 | 2/24/22 | 2/23/23 | 2/22/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 244.6 | 194.7 | 213.4 | 217.7 | 246.2 | 229.4 | 229.9 | 245.3 | 306.9 | 258 | 303.1 | 356.9 | 372.2 | - | - |
| EBITDA 1 | 123.6 | 58.4 | 87.3 | 73.5 | 93.2 | 101.6 | 104.1 | 106.7 | 142.6 | 118.6 | 142.1 | 182.6 | 196.5 | - | - |
| EBIT 1 | 76.5 | 7.2 | 33.6 | 8.6 | 26.6 | 39.2 | 39.2 | 42.9 | 70.1 | 63.3 | 81.68 | 112.3 | 122.9 | - | - |
| Operating Margin | 31.28% | 3.7% | 15.75% | 3.95% | 10.8% | 17.09% | 17.05% | 17.49% | 22.84% | 24.54% | 26.95% | 31.47% | 33.01% | - | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net income 1 | - | - | - | - | - | 21.32 | 0.885 | -7.998 | 92.42 | 33.6 | 41.36 | 61.84 | 68.51 | - | - |
| Net margin | - | - | - | - | - | 9.3% | 0.39% | -3.26% | 30.12% | 13.03% | 13.65% | 17.33% | 18.41% | - | - |
| EPS | -0.2000 | -1.740 | -0.1200 | -0.2700 | 0.2000 | 0.1200 | - | - | - | - | - | - | - | 0.3600 | 0.3700 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/24/22 | 4/28/22 | 7/28/22 | 10/27/22 | 2/23/23 | 4/27/23 | 7/27/23 | 10/26/23 | 2/22/24 | 4/25/24 | - | - | - | - | - |
1USD in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 320 | 49.2 | 8.44 | 215 | 95.6 | 297 | 341 | - |
| Net Cash position 1 | - | - | - | - | - | - | - | 124 |
| Leverage (Debt/EBITDA) | 1.512 x | 0.0934 x | 0.0193 x | 0.6907 x | 0.211 x | 0.4646 x | 0.4861 x | - |
| Free Cash Flow 1 | -52.5 | 235 | 83.8 | -78.9 | -27.7 | -164 | -20.5 | 430 |
| ROE (net income / shareholders' equity) | 0.17% | 4.86% | 3.31% | - | 3.11% | 5.93% | 8.6% | 10.8% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | 4.3% | 6.4% | 7.6% |
| Assets 1 | - | - | - | - | - | 5,046 | 4,048 | 5,154 |
| Book Value Per Share | 21.50 | 21.10 | 19.80 | 17.40 | - | - | - | - |
| Cash Flow per Share 2 | 0.9300 | 2.230 | 2.060 | 1.310 | 2.140 | 2.590 | 2.850 | 3.760 |
| Capex 1 | 218 | 191 | 282 | 290 | 411 | 679 | 561 | 291 |
| Capex / Sales | 35.34% | 18.59% | 29.98% | 33.24% | 40.75% | 54.51% | 40.15% | 15.35% |
| Announcement Date | 2/20/20 | 2/25/21 | 2/24/22 | 2/23/23 | 2/22/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
A-
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
11
Last Close Price
16.15
USD
Average target price
17.01
USD
Spread / Average Target
+5.30%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +28.14% | 3.28B | |
| +1.35% | 48.34B | |
| +24.36% | 33.99B | |
| -2.88% | 29.92B | |
| +14.20% | 24.81B | |
| +5.13% | 10.94B | |
| +29.43% | 10.1B | |
| +38.03% | 9.97B | |
| -.--% | 8.77B | |
| +5.98% | 8.43B |
- Stock Market
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- Financials Eldorado Gold Corporation
