Financial Review: Eldorado Gold (EGO) & Its Rivals

Eldorado Gold (NYSE:EGO) is one of 1,984 public companies in the “Metals & Mining” industry, but how does it compare to its competitors? We will compare Eldorado Gold to related businesses based on the strength of its dividends, analyst recommendations, earnings, institutional ownership, profitability, risk and valuation.

Volatility & Risk

Eldorado Gold has a beta of 0.67, suggesting that its share price is 33% less volatile than the S&P 500. Comparatively, Eldorado Gold’s competitors have a beta of 0.96, suggesting that their average share price is 4% less volatile than the S&P 500.

Institutional and Insider Ownership

69.6% of Eldorado Gold shares are owned by institutional investors. Comparatively, 15.9% of shares of all “Metals & Mining” companies are owned by institutional investors. 0.6% of Eldorado Gold shares are owned by insiders. Comparatively, 17.6% of shares of all “Metals & Mining” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Earnings & Valuation

This table compares Eldorado Gold and its competitors revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Eldorado Gold	$2.09 billion	$507.26 million	11.84
Eldorado Gold Competitors	$4.78 billion	$278.94 million	-26.20

Eldorado Gold’s competitors have higher revenue, but lower earnings than Eldorado Gold. Eldorado Gold is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Analyst Recommendations

This is a summary of current ratings and target prices for Eldorado Gold and its competitors, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Eldorado Gold	1	6	6	2	2.60
Eldorado Gold Competitors	6414	22620	32328	1801	2.47

Eldorado Gold currently has a consensus price target of $46.57, suggesting a potential upside of 31.06%. As a group, “Metals & Mining” companies have a potential upside of 24.24%. Given Eldorado Gold’s stronger consensus rating and higher probable upside, research analysts clearly believe Eldorado Gold is more favorable than its competitors.

Profitability

This table compares Eldorado Gold and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Eldorado Gold	31.67%	10.31%	6.74%
Eldorado Gold Competitors	-1,161,736,352,322,426,600.00%	-52.87%	-2.06%

Dividends

Eldorado Gold pays an annual dividend of $0.30 per share and has a dividend yield of 0.8%. Eldorado Gold pays out 10.0% of its earnings in the form of a dividend. As a group, “Metals & Mining” companies pay a dividend yield of 10.0% and pay out 10.8% of their earnings in the form of a dividend.

Summary

Eldorado Gold beats its competitors on 10 of the 15 factors compared.

About Eldorado Gold

Eldorado Gold Corporation is a Canadian gold mining company headquartered in Vancouver, British Columbia. It explores for, develops and operates mineral properties, with gold as its primary product and silver and base metals also produced at some of its mines. The company’s portfolio spans Canada, Greece and Turkey. Its operations include the Lamaque Complex in Quebec, the Kisladag and Efemcukuru mines in Turkey, and the Olympias mine in Greece. Eldorado is also developing the Skouries copper-gold project in Greece.