Equinox Gold Valuation
| EQX Stock | CAD 9.79 0.21 2.10% |
At this time, the firm appears to be undervalued. Equinox Gold Corp shows a prevailing Real Value of C$11.26 per share. The current price of the firm is C$9.79. Our model computes the value of Equinox Gold Corp from reviewing the firm fundamentals such as Shares Outstanding of 456.06 M, profit margin of 0.22 %, and Current Valuation of 6.21 B as well as analyzing its technical indicators and probability of bankruptcy. Key fundamental drivers impacting Equinox Gold's valuation include:
Undervalued
Today
Please note that Equinox Gold's price fluctuation is somewhat reliable at this time. Calculation of the real value of Equinox Gold Corp is based on 3 months time horizon. Increasing Equinox Gold's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Equinox Gold is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Equinox Stock. However, Equinox Gold's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 9.79 | Real 11.26 | Hype 9.61 | Naive 10.48 |
The intrinsic value of Equinox Gold's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Equinox Gold's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Equinox Gold Corp helps investors to forecast how Equinox stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Equinox Gold more accurately as focusing exclusively on Equinox Gold's fundamentals will not take into account other important factors: Traditionally, analysts and sophisticated investors use multiple methods for valuing a cash-flow-generating entity or its stock. For example, some money managers use Equinox Gold's intrinsic value based on its ongoing forecasts of Equinox Gold's financial statements. In contrast, other private, professional wealth advisors use a multiplier approach by looking to relative value analysis against Equinox Gold's closest peers.
Equinox Gold Cash |
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Equinox Valuation Drivers Correlation
Many accounts on the financial statements of Equinox Gold Corp are highly interrelated and sometimes correlated. Consequently, when conducting Equinox's valuation analysis, one should examine all of the accounts reported to obtain a complete picture of its financial situation. We provide a unique feature to present a conventional correlation table purposely composed against different valuation-related drivers of Equinox
Click cells to compare fundamentals
Equinox Valuation Trend
Knowing Equinox Gold's actual value is paramount for traders when making sound investment determinations. Using both Equinox Gold's enterprise value as well as its market capitalization is the best way to estimate the value of the company and is usually enough for investors to make market timing decisions.
Equinox Gold Total Value Analysis
Equinox Gold Corp is currently anticipated to have takeover price of 6.21 B with market capitalization of 4.56 B, debt of 135.59 M, and cash on hands of 200.77 M. Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the Equinox Gold fundamentals before making investing decisions based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
6.21 B | 4.56 B | 135.59 M | 200.77 M |
Equinox Gold Investor Information
About 69.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 0.94. Some equities with similar Price to Book (P/B) outperform the market in the long run. Equinox Gold Corp last dividend was issued on the 20th of August 2019. The entity had 1:5 split on the 20th of August 2019. Based on the measurements of operating efficiency obtained from Equinox Gold's historical financial statements, Equinox Gold Corp is doing better financially today then in previous quarter. It has a moderate likelihood of reporting better financial numbers in April.Equinox Gold Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Equinox Gold has an asset utilization ratio of 22.55 percent. This suggests that the Company is making C$0.23 for each dollar of assets. An increasing asset utilization means that Equinox Gold Corp is more efficient with each dollar of assets it utilizes for everyday operations.Equinox Gold Ownership Allocation
Equinox Gold holds a total of 456.06 Million outstanding shares. Over half of Equinox Gold's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that obtain positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Equinox Gold. Please watch out for any change in the institutional holdings of Equinox Gold Corp as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.Equinox Gold Profitability Analysis
The company reported the revenue of 1.51 B. Net Income was 339.29 M with profit before overhead, payroll, taxes, and interest of 523.95 M.About Equinox Gold Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of Equinox Gold Corp. In general, an absolute valuation paradigm, as applied to this company, attempts to find the value of Equinox Gold Corp based exclusively on its fundamental and basic technical indicators. By analyzing Equinox Gold's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of Equinox Gold's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of Equinox Gold. We calculate exposure to Equinox Gold's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Equinox Gold's related companies.| Last Reported | Projected for Next Year | ||
| Gross Profit | 304 M | 319.2 M | |
| Pretax Profit Margin | 0.42 | 0.44 | |
| Operating Profit Margin | 0.16 | 0.17 | |
| Net Profit Margin | 0.22 | 0.24 | |
| Gross Profit Margin | 0.35 | 0.36 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equinox Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.