Eldorado Gold Corp. (ELD) Stock Recommendation | Score, Valuation, Technicals & Financial Trend

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Comparison

Company

Score

Quality

Valuation

Financial

Technical

Alamos Gold, Inc.

Kinross Gold Corp.

SSR Mining, Inc.

Triple Flag Precious Metals Corp.

B2Gold Corp.

Pan American Silver Corp.

Lundin Gold, Inc.

Eldorado Gold Corp.

Osisko Gold Royalties Ltd.

Endeavour Mining Plc

Filo Corp.

Why is Eldorado Gold Corp. ?

Company has a low Debt to Equity ratio (avg) at times

Healthy long term growth as Net Sales has grown by an annual rate of 14.74% and Operating profit at 31.19%

The company has declared Positive results for the last 8 consecutive quarters

OPERATING CASH FLOW(Y) Highest at CAD 980.92 MM
ROCE(HY) Highest at 11.02%
INTEREST COVERAGE RATIO(Q) Highest at 4,029.35

With ROE of 12.32%, it has a attractive valuation with a 1.37 Price to Book Value

The stock is trading at a premium compared to its peers' average historical valuations
Over the past year, while the stock has generated a return of 61.50%, its profits have risen by 128.6% ; the PEG ratio of the company is 0.1

High Institutional Holdings at 79.44%

These investors have better capability and resources to analyse fundamentals of companies than most retail investors.
Their stake has increased by 2.14% over the previous quarter.

Real-Time Research Report

Verdict Report

How much should you buy?

Overall Portfolio exposure to Eldorado Gold Corp. should be less than 10%
Overall Portfolio exposure to Gems, Jewellery And Watches should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Gems, Jewellery And Watches)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is Eldorado Gold Corp. for you?

High Risk, High Return

Absolute

Risk Adjusted

Volatility

Eldorado Gold Corp.

190.9%

7.89

43.45%

S&P/TSX 60

27.5%

1.54

14.62%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

12.87%

EBIT Growth (5y)

21.54%

EBIT to Interest (avg)

7.71

Debt to EBITDA (avg)

0.23

Net Debt to Equity (avg)

-0.01

Sales to Capital Employed (avg)

0.27

Tax Ratio

19.89%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

77.98%

ROCE (avg)

6.59%

ROE (avg)

4.02%

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

1.50

EV to EBIT

10.38

EV to EBITDA

7.10

EV to Capital Employed

1.49

EV to Sales

3.87

PEG Ratio

0.10

Dividend Yield

ROCE (Latest)

14.38%

ROE (Latest)

12.32%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bullish

RSI

No Signal

Bollinger Bands

Mildly Bullish

Moving Averages

Mildly Bullish (Daily)

KST

Bullish

Dow Theory

Mildly Bearish

No Trend

OBV

No Trend

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

16What is working for the Company

OPERATING CASH FLOW(Y)

Highest at CAD 942.22 MM

ROCE(HY)

Highest at 12.65%

INTEREST COVERAGE RATIO(Q)

Highest at 4,467.92

RAW MATERIAL COST(Y)

Fallen by -20.28% (YoY

CASH AND EQV(HY)

Highest at CAD 2,644.2 MM

NET SALES(Q)

Highest at CAD 804.77 MM

OPERATING PROFIT(Q)

Highest at CAD 468.8 MM

PRE-TAX PROFIT(Q)

Highest at CAD 276.23 MM

NET PROFIT(Q)

Highest at CAD 321.67 MM

EPS(Q)

Highest at CAD 1.68

-4What is not working for the Company

DEBT-EQUITY RATIO (HY)

Highest at 9.82 %

DEBTORS TURNOVER RATIO(HY)

Lowest at 9.39 times

Here's what is working for Eldorado Gold Corp.

Operating Cash Flow

Highest at CAD 942.22 MM and Grown

In each year in the last three years

MOJO Watch

The company has generated higher cash revenues from business operations

Operating Cash Flows (CAD MM)

Interest Coverage Ratio

Highest at 4,467.92

in the last five periods

MOJO Watch

The company's ability to manage interest payments is improving

Operating Profit to Interest

Net Sales

Highest at CAD 804.77 MM

in the last five periods

MOJO Watch

Near term sales trend is positive

Net Sales (CAD MM)

Operating Profit

Highest at CAD 468.8 MM

in the last five periods

MOJO Watch

Near term Operating Profit trend is positive

Operating Profit (CAD MM)

Pre-Tax Profit

Highest at CAD 276.23 MM

in the last five periods

MOJO Watch

Near term Pre-Tax Profit trend is positive

Pre-Tax Profit (CAD MM)

Net Profit

Highest at CAD 321.67 MM

in the last five periods

MOJO Watch

Near term Net Profit trend is positive

Net Profit (CAD MM)

Net Profit

At CAD 321.67 MM has Grown at 108.2%

Year on Year (YoY)

MOJO Watch

Near term Net Profit trend is positive

Net Profit (CAD MM)

EPS

Highest at CAD 1.68

in the last five periods

MOJO Watch

Increasing profitability; company has created higher earnings for shareholders

EPS (CAD)

Cash and Eqv

Highest at CAD 2,644.2 MM

in the last six Semi-Annual periods

MOJO Watch

Short Term liquidity is improving

Cash and Cash Equivalents

Raw Material Cost

Fallen by -20.28% (YoY)

MOJO Watch

The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin

Raw Material Cost as a percentage of Sales

Here's what is not working for Eldorado Gold Corp.

Debt-Equity Ratio

Highest at 9.82 %

in the last five Semi-Annual periods

MOJO Watch

The company is borrowing more to fund its operations; it's liquidity situation may be stressed

Debt-Equity Ratio

Debtors Turnover Ratio

Lowest at 9.39 times

in the last five Semi-Annual periods

MOJO Watch

Company's pace of selling Debtors has slowed

Debtors Turnover Ratio