Financials Eldorado Gold Corporation

Equities

ELD

CA2849025093

Gold

Delayed Toronto S.E. 01:38:03 2024-04-30 pm EDT 5-day change 1st Jan Change
20.13 CAD -3.27% Intraday chart for Eldorado Gold Corporation +2.03% +16.98%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,271 2,308 1,711 1,536 2,643 3,098 - -
Enterprise Value (EV) 1 1,591 2,357 1,719 1,750 2,738 3,334 3,091 2,430
P/E ratio 16 x 22.1 x -12.5 x -4.31 x 24 x 15.7 x 10.8 x 7.82 x
Yield - - - - - - - -
Capitalization / Revenue 2.06 x 2.25 x 1.82 x 1.76 x 2.62 x 2.49 x 2.3 x 1.8 x
EV / Revenue 2.58 x 2.3 x 1.83 x 2.01 x 2.72 x 2.68 x 2.29 x 1.42 x
EV / EBITDA 7.52 x 4.47 x 3.94 x 5.63 x 6.04 x 5.32 x 4.52 x 2.56 x
EV / FCF -30.3 x 10 x 20.5 x -22.2 x -98.9 x -17.8 x -25.9 x 5.1 x
FCF Yield -3.3% 9.96% 4.87% -4.51% -1.01% -5.62% -3.86% 19.6%
Price to Book 0.37 x 0.63 x 0.47 x 0.48 x - - - -
Nbr of stocks (in thousands) 158,462 174,234 182,391 184,416 203,706 203,201 - -
Reference price 2 8.024 13.24 9.380 8.326 12.97 15.24 15.24 15.24
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 1,245 1,350 1,716
EBITDA 1 211.6 526.7 436.3 310.8 453.1 626.6 683.9 949.3
EBIT 1 56.22 280.1 233.4 68.4 188.8 349.7 317.5 -
Operating Margin 9.1% 27.28% 24.81% 7.84% 18.72% 28.08% 23.53% -
Earnings before Tax (EBT) 113.5 176.5 151.1 11.86 163.4 - 498.1 719.3
Net income 1 80.59 104.5 -136 -353.8 104.6 207.8 247.2 399.4
Net margin 13.04% 10.18% -14.46% -40.58% 10.37% 16.68% 18.32% 23.27%
EPS 2 0.5000 0.6000 -0.7500 -1.930 0.5400 0.9700 1.413 1.950
Free Cash Flow 1 -52.53 234.7 83.77 -78.86 -27.69 -187.2 -119.4 476.9
FCF margin -8.5% 22.86% 8.9% -9.04% -2.75% -15.03% -8.84% 27.79%
FCF Conversion (EBITDA) - 44.56% 19.2% - - - - 50.24%
FCF Conversion (Net income) - 224.5% - - - - - 119.4%
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 1 244.6 194.7 213.4 217.7 246.2 229.4 229.9 245.3 306.9 258 309.5 325.8 322.7 - -
EBITDA 1 123.6 58.4 87.3 73.5 93.2 101.6 104.1 106.7 142.6 118.6 150.4 163.6 177 - -
EBIT 1 76.5 7.2 33.6 8.6 26.6 39.2 39.2 42.9 70.1 63.3 85.55 95.86 106.2 - -
Operating Margin 31.28% 3.7% 15.75% 3.95% 10.8% 17.09% 17.05% 17.49% 22.84% 24.54% 27.64% 29.42% 32.9% - -
Earnings before Tax (EBT) - - - - - - - - - - - - - - -
Net income 1 - - - - - 21.32 0.885 -7.998 92.42 33.6 43.45 49.97 56.48 - -
Net margin - - - - - 9.3% 0.39% -3.26% 30.12% 13.03% 14.04% 15.34% 17.5% - -
EPS 2 -0.2000 -1.740 -0.1200 -0.2700 0.2000 0.1200 - - - - 0.2500 - 0.3400 0.4000 0.3400
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 Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 320 49.2 8.44 215 95.6 236 - -
Net Cash position 1 - - - - - - 6.3 668
Leverage (Debt/EBITDA) 1.512 x 0.0934 x 0.0193 x 0.6907 x 0.211 x 0.3766 x - -
Free Cash Flow 1 -52.5 235 83.8 -78.9 -27.7 -187 -119 477
ROE (net income / shareholders' equity) 0.17% 4.86% 3.31% - 3.11% 5.7% 8.5% 11%
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
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 2.560 2.660 3.510
Capex 1 218 191 282 290 411 677 537 279
Capex / Sales 35.34% 18.59% 29.98% 33.24% 40.75% 54.33% 39.77% 16.25%
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-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
12
Last Close Price
15.24 USD
Average target price
16.95 USD
Spread / Average Target
+11.21%
Consensus
  1. Stock Market
  2. Equities
  3. ELD Stock
  4. Financials Eldorado Gold Corporation