Equinox Gold Corp. (EQX) 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

OceanaGold Corp.

Triple Flag Precious Metals Corp.

B2Gold Corp.

Lundin Gold, Inc.

Equinox Gold Corp.

First Majestic Silver Corp.

SSR Mining, Inc.

Osisko Gold Royalties Ltd.

Sandstorm Gold Ltd.

Eldorado Gold Corp.

Filo Corp.

Why is Equinox Gold Corp. ?

Healthy long term growth as Net Sales has grown by an annual rate of 25.81%

With a growth in Operating Profit of 1036.57%, the company declared Outstanding results in Mar 26

The company has declared positive results for the last 3 consecutive quarters
OPERATING CASH FLOW(Y) Highest at CAD 1,222.78 MM
INTEREST COVERAGE RATIO(Q) The company hardly has any interest cost
OPERATING PROFIT(Q) Highest at CAD 689.18 MM

With ROE of 7.53%, it has a fair valuation with a 1.36 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 71.31%, its profits have risen by 49%

High Institutional Holdings at 60.24%

These investors have better capability and resources to analyse fundamentals of companies than most retail investors.

Market Beating Performance

The stock has generated a return of 71.31% in the last 1 year, much higher than market (S&P/TSX 60) returns of 29.60%

Real-Time Research Report

Verdict Report

How much should you buy?

Overall Portfolio exposure to Equinox 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 Equinox Gold Corp. for you?

High Risk, High Return

Absolute

Risk Adjusted

Volatility

Equinox Gold Corp.

71.31%

2.03

61.63%

S&P/TSX 60

29.6%

2.31

12.81%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

25.81%

EBIT Growth (5y)

38.44%

EBIT to Interest (avg)

1.95

Debt to EBITDA (avg)

1.72

Net Debt to Equity (avg)

0.37

Sales to Capital Employed (avg)

0.29

Tax Ratio

52.67%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

60.24%

ROCE (avg)

4.44%

ROE (avg)

6.87%

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

1.36

EV to EBIT

8.69

EV to EBITDA

5.86

EV to Capital Employed

1.35

EV to Sales

3.01

PEG Ratio

Dividend Yield

ROCE (Latest)

15.58%

ROE (Latest)

7.53%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bearish

Bullish

RSI

No Signal

Bollinger Bands

Bearish

Mildly Bullish

Moving Averages

Bearish (Daily)

KST

Bearish

Bullish

Dow Theory

Mildly Bearish

OBV

Mildly Bullish

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

49What is working for the Company

OPERATING CASH FLOW(Y)

Highest at CAD 1,222.78 MM

INTEREST COVERAGE RATIO(Q)

The company hardly has any interest cost

OPERATING PROFIT(Q)

Highest at CAD 689.18 MM

OPERATING PROFIT MARGIN(Q)

Highest at 58.31 %

PRE-TAX PROFIT(Q)

Highest at CAD 501.82 MM

NET PROFIT(Q)

Highest at CAD 299.12 MM

DIVIDEND PAYOUT RATIO(Y)

Highest at 5.74%

RAW MATERIAL COST(Y)

Fallen by -750.52% (YoY

CASH AND EQV(HY)

Highest at CAD 1,478.62 MM

DEBT-EQUITY RATIO (HY)

Lowest at 1.88 %

INVENTORY TURNOVER RATIO(HY)

Highest at 5.07 times

DEBTORS TURNOVER RATIO(HY)

Highest at 29.17 times

DIVIDEND PER SHARE(HY)

Highest at CAD 29.17

NET SALES(Q)

Highest at CAD 1,181.85 MM

-2What is not working for the Company

INTEREST(9M)

At CAD 168.63 MM has Grown at 16.43%

Here's what is working for Equinox Gold Corp.

Net Sales

At CAD 1,181.85 MM has Grown at 210%

Year on Year (YoY)

MOJO Watch

Near term sales trend is extremely positive

Net Sales (CAD MM)

Pre-Tax Profit

At CAD 501.82 MM has Grown at 742.04%

Year on Year (YoY)

MOJO Watch

Near term Pre-Tax Profit trend is very positive

Pre-Tax Profit (CAD MM)

Net Profit

At CAD 299.12 MM has Grown at 428.63%

Year on Year (YoY)

MOJO Watch

Near term Net Profit trend is very positive

Net Profit (CAD MM)

Operating Cash Flow

Highest at CAD 1,222.78 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)

Operating Profit

Highest at CAD 689.18 MM and Grown

In each period in the last five periods

MOJO Watch

Near term Operating Profit trend is quite positive

Operating Profit (CAD MM)

Operating Profit Margin

Highest at 58.31 % and Grown

In each period in the last five periods

MOJO Watch

Company's profit margin has improved

Operating Profit to Sales

Pre-Tax Profit

Highest at CAD 501.82 MM and Grown

In each period in the last five periods

MOJO Watch

Near term Pre-Tax Profit trend is very positive

Pre-Tax Profit (CAD MM)

Net Profit

Highest at CAD 299.12 MM and Grown

In each period in the last five periods

MOJO Watch

Near term Net Profit trend is very positive

Net Profit (CAD MM)

Net Sales

Highest at CAD 1,181.85 MM

in the last five periods

MOJO Watch

Near term sales trend is positive

Net Sales (CAD MM)

Cash and Eqv

Highest at CAD 1,478.62 MM

in the last six Semi-Annual periods

MOJO Watch

Short Term liquidity is improving

Cash and Cash Equivalents

Debt-Equity Ratio

Lowest at 1.88 %

in the last five Semi-Annual periods

MOJO Watch

The company has been reducing its borrowing as compared to equity capital

Debt-Equity Ratio

Inventory Turnover Ratio

Highest at 5.07 times

in the last five Semi-Annual periods

MOJO Watch

Company has been able to sell its inventory faster

Inventory Turnover Ratio

Debtors Turnover Ratio

Highest at 29.17 times

in the last five Semi-Annual periods

MOJO Watch

Company has been able to sell its Debtors faster

Debtors Turnover Ratio

Dividend per share

Highest at CAD 29.17

in the last five years

MOJO Watch

Company is distributing higher dividend from profits generated

DPS (CAD)

Dividend Payout Ratio

Highest at 5.74%

in the last five years

MOJO Watch

Company is distributing higher proportion of profits generated as dividend

DPR (%)

Raw Material Cost

Fallen by -750.52% (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 Equinox Gold Corp.

Interest

At CAD 168.63 MM has Grown at 16.43%

over previous Semi-Annual period

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (CAD MM)