Eldorado Gold Corporation (EGO) Financial Ratios
30 years of historical data (1996–2025) · Basic Materials · Gold
EV/EBITDA
↑
6.70
+18% vs avg
5yr avg: 5.68
30Y Low4.1·High31.1
P/FCF
↑
N/A
—
5yr avg: 72.00
30Y Low10.6·High154.1
P/B Ratio
↑
1.59
↑+90% vs avg
5yr avg: 0.84
30Y Low0.1·High6.2
ROE
↑
12.6%
↓+565% vs avg
5yr avg: 1.9%
30Y Low-100%·High26%
Debt/EBITDA
↑
1.25
↓-13% vs avg
5yr avg: 1.43
30Y Low0.0·High15.5
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
EGO Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Eldorado Gold Corporation trades at 13.2x earnings, 19% below its 5-year average of 16.3x, sitting at the 8th percentile of its historical range. Compared to the Basic Materials sector median P/E of 23.6x, the stock trades at a discount of 44%.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $6.5B | $7.4B | $3.1B | $2.5B | $1.5B | $1.7B | $2.3B | $1.3B | $457M | $1.1B | $2.3B |
| Enterprise Value | $7.0B | $7.8B | $3.1B | $2.7B | $1.8B | $1.7B | $2.4B | $1.6B | $773M | $1.2B | $2.0B |
| P/E Ratio → | 13.17 | 14.31 | 10.55 | 24.02 | — | — | 17.46 | 15.75 | — | — | — |
| P/S Ratio | 3.53 | 3.99 | 2.31 | 2.51 | 1.76 | 1.79 | 2.26 | 2.11 | 0.99 | 2.75 | 5.33 |
| P/B Ratio | 1.59 | 1.73 | 0.79 | 0.72 | 0.48 | 0.46 | 0.64 | 0.37 | 0.14 | 0.29 | 0.65 |
| P/FCF | — | — | 123.01 | — | — | 21.00 | 10.61 | — | — | — | — |
| P/OCF | 9.52 | 10.75 | 5.13 | 6.61 | 7.27 | 4.65 | 5.46 | 7.82 | 6.88 | 38.47 | 20.30 |
P/E links to full P/E history page with 30-year chart
EGO EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Eldorado Gold Corporation's enterprise value stands at 6.7x EBITDA, 18% above its 5-year average of 5.7x. The Basic Materials sector median is 11.0x, placing the stock at a 39% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 4.22 | 2.37 | 2.63 | 2.03 | 1.82 | 2.34 | 2.64 | 1.68 | 3.04 | 4.66 |
| EV / EBITDA | 6.70 | 7.52 | 4.65 | 5.94 | 6.23 | 4.09 | 4.99 | 5.38 | — | 31.12 | 14.12 |
| EV / EBIT | 9.07 | 10.17 | 7.55 | 13.68 | 37.58 | 7.62 | 9.34 | 10.35 | — | 298.32 | 34.91 |
| EV / FCF | — | — | 126.26 | — | — | 21.38 | 10.95 | — | — | — | — |
EGO Profitability
Margins and return-on-capital ratios measuring operating efficiency
Eldorado Gold Corporation earns an operating margin of 41.5%, significantly above the Basic Materials sector average of 10.3%. Operating margins have expanded from 18.0% to 41.5% over the past 3 years, signaling improving operational efficiency. ROE of 12.6% is modest. ROIC of 13.3% represents solid returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 44.9% | 44.9% | 56.5% | 26.7% | 19.7% | 31.0% | 35.4% | 20.8% | 18.3% | 32.2% | 37.7% |
| Operating Margin | 41.5% | 41.5% | 31.7% | 18.0% | 4.8% | 23.1% | 25.4% | 23.8% | -103.9% | -9.8% | 15.5% |
| Net Profit Margin | 27.9% | 27.9% | 21.9% | 10.4% | -40.6% | -14.4% | 12.2% | 13.1% | -78.8% | -2.5% | -79.5% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 12.6% | 12.6% | 7.8% | 3.1% | -10.3% | -3.7% | 3.5% | 2.4% | -10.2% | -0.3% | -9.2% |
| ROA | 8.2% | 8.2% | 5.3% | 2.2% | -7.5% | -2.8% | 2.6% | 1.7% | -7.4% | -0.2% | -6.7% |
| ROIC | 13.3% | 13.3% | 8.3% | 3.9% | 0.9% | 4.4% | 5.2% | 3.0% | -9.5% | -0.8% | 1.3% |
| ROCE | 13.5% | 13.5% | 8.3% | 4.1% | 0.9% | 4.7% | 5.7% | 3.3% | -10.1% | -0.8% | 1.3% |
EGO Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Eldorado Gold Corporation carries a Debt/EBITDA ratio of 1.2x, which is manageable (49% below the sector average of 2.4x). Net debt stands at $428M ($1.3B total debt minus $868M cash). Interest coverage of 27.3x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.30 | 0.30 | 0.24 | 0.19 | 0.16 | 0.14 | 0.14 | 0.15 | 0.18 | 0.16 | 0.17 |
| Debt / EBITDA | 1.25 | 1.25 | 1.39 | 1.48 | 1.81 | 1.22 | 1.10 | 1.67 | — | 15.52 | 4.14 |
| Net Debt / Equity | — | 0.10 | 0.02 | 0.03 | 0.07 | 0.01 | 0.02 | 0.09 | 0.09 | 0.03 | -0.08 |
| Net Debt / EBITDA | 0.41 | 0.41 | 0.12 | 0.27 | 0.83 | 0.07 | 0.16 | 1.08 | — | 2.99 | -2.04 |
| Debt / FCF | — | — | 3.26 | — | — | 0.38 | 0.34 | — | — | — | — |
| Interest Coverage | 27.26 | 27.26 | 20.64 | 6.36 | 1.34 | 3.33 | 5.07 | 3.26 | -0.53 | 1.25 | 5.92 |
EGO Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.83x means Eldorado Gold Corporation can comfortably meet its short-term obligations, though there is limited excess liquidity. The quick ratio of 1.46x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has declined from 3.39x to 1.83x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.83 | 1.83 | 3.60 | 3.39 | 3.00 | 3.52 | 2.88 | 1.97 | 3.63 | 6.46 | 12.04 |
| Quick Ratio | 1.46 | 1.46 | 2.92 | 2.53 | 2.06 | 2.66 | 2.25 | 1.23 | 2.66 | 4.98 | 10.71 |
| Cash Ratio | 1.10 | 1.10 | 2.42 | 1.98 | 1.49 | 2.33 | 1.95 | 0.83 | 2.09 | 4.29 | 10.11 |
| Asset Turnover | — | 0.28 | 0.23 | 0.20 | 0.20 | 0.19 | 0.21 | 0.13 | 0.10 | 0.08 | 0.09 |
| Inventory Turnover | 3.44 | 3.44 | 2.06 | 3.14 | 3.52 | 3.65 | 4.04 | 2.99 | 2.72 | 1.57 | 2.23 |
| Days Sales Outstanding | — | 54.97 | 30.34 | 36.12 | 28.08 | 19.63 | 20.18 | 20.80 | 51.88 | 55.58 | 34.93 |
EGO Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Eldorado Gold Corporation returns 3.3% to shareholders annually primarily through share buybacks. The earnings yield of 7.6% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | 1.0% | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 7.6% | 7.0% | 9.5% | 4.2% | — | — | 5.7% | 6.4% | — | — | — |
| FCF Yield | — | — | 0.8% | — | — | 4.8% | 9.4% | — | — | — | — |
| Buyback Yield | 3.3% | 3.0% | 0.1% | 0.2% | 0.9% | 0.0% | 0.2% | 0.0% | 0.5% | 0.5% | 0.0% |
| Total Shareholder Yield | 3.3% | 3.0% | 0.1% | 0.2% | 0.9% | 0.0% | 0.2% | 0.0% | 0.5% | 1.5% | 0.0% |
| Shares Outstanding | — | $205M | $206M | $195M | $183M | $180M | $175M | $162M | $159M | $151M | $143M |
Peer Comparison
Compare EGO with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 EGOYou | $7B | 13.2 | 6.7 | — | 44.9% | 41.5% | 12.6% | 13.3% | 1.2 |
 AEM | $83B | 18.8 | 10.2 | 19.6 | 58.1% | 53.1% | 19.6% | 21.9% | 0.0 |
 AU | $46B | 17.5 | 8.3 | 14.8 | 46.5% | 45.1% | 28.6% | 35.9% | 0.4 |
 KGC | $32B | 13.4 | 7.2 | 12.4 | 47.5% | 43.2% | 31.0% | 29.9% | 0.2 |
 IAG | $10B | 14.6 | 6.6 | 12.9 | 41.2% | 38.9% | 17.7% | 19.1% | 0.5 |
 EQX | $8B | 29.2 | 9.8 | — | 25.0% | 23.8% | 4.9% | 5.7% | 1.6 |
 BTG | $6B | 15.4 | 3.3 | 87.0 | 50.0% | 45.9% | 12.1% | 30.0% | 0.3 |
 NEM | $115B | 16.2 | 8.2 | 15.8 | 49.8% | 46.9% | 22.1% | 24.9% | 0.0 |
 GFI | $35B | 28.0 | 13.5 | 48.7 | 42.5% | 40.2% | 24.9% | 24.0% | 1.1 |
 HL | $11B | 32.6 | 15.2 | 34.5 | 41.1% | 37.5% | 13.9% | 15.3% | 0.4 |
 CDE | $11B | 19.5 | 11.0 | 17.1 | 39.3% | 36.3% | 26.4% | 23.5% | 0.4 |
| Basic Materials Median | — | 23.6 | 11.0 | 29.0 | 30.9% | 10.3% | -0.0% | 4.6% | 2.4 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 30 years · Updated daily
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Check Valuation
Historical Returns
10-year return with dividends reinvested.
Calculate
DCA Calculator
See how regular investing compounds over time.
Run Numbers
Peer Comparison
Compare growth, multiples, and margins vs sector.
Compare
EGO — Frequently Asked Questions
Quick answers to the most common questions about buying EGO stock.
What is Eldorado Gold Corporation's P/E ratio?
Eldorado Gold Corporation's current P/E ratio is 13.2x. The historical average is 29.8x. This places it at the 8th percentile of its historical range.
What is Eldorado Gold Corporation's EV/EBITDA?
Eldorado Gold Corporation's current EV/EBITDA is 6.7x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 13.8x.
What is Eldorado Gold Corporation's ROE?
Eldorado Gold Corporation's return on equity (ROE) is 12.6%. The historical average is -6.1%.
Is EGO stock overvalued?
Based on historical data, Eldorado Gold Corporation is trading at a P/E of 13.2x. This is at the 8th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are Eldorado Gold Corporation's profit margins?
Eldorado Gold Corporation has 44.9% gross margin and 41.5% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does Eldorado Gold Corporation have?
Eldorado Gold Corporation's Debt/EBITDA ratio is 1.2x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.