EDV

Endeavour MiningTSX:EDV Stock Report

Market Cap

CA$7.4b

7D

1.0%

1Y

-18.6%

Updated

19 Sep, 2021

Data

Company Financials +
EDV fundamental analysis
Snowflake Score
Valuation1/6
Future Growth1/6
Past Performance3/6
Financial Health5/6
Dividends3/6

EDV Overview

Endeavour Mining Plc operates as a gold producer in West Africa.

Endeavour Mining Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Endeavour Mining
Historical stock prices
Current Share PriceCA$29.86
52 Week HighCA$23.12
52 Week LowCA$37.12
Beta0.49
1 Month Change6.57%
3 Month Change4.01%
1 Year Change-18.57%
3 Year Change48.41%
5 Year Change17.74%
Change since IPO38.88%

Recent News & Updates

Sep 02
Endeavour Mining plc's (TSE:EDV) CEO Looks Like They Deserve Their Pay Packet

Endeavour Mining plc's (TSE:EDV) CEO Looks Like They Deserve Their Pay Packet

It would be hard to discount the role that CEO Sebastien de Montessus has played in delivering the impressive results...

Jun 29
Endeavour Mining plc (TSE:EDV) Shares Could Be 31% Below Their Intrinsic Value Estimate

Endeavour Mining plc (TSE:EDV) Shares Could Be 31% Below Their Intrinsic Value Estimate

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Endeavour Mining plc...

Shareholder Returns

EDVCA Metals and MiningCA Market
7D1.0%-3.6%-0.6%
1Y-18.6%-14.6%28.9%

Return vs Industry: EDV underperformed the Canadian Metals and Mining industry which returned -14.6% over the past year.

Return vs Market: EDV underperformed the Canadian Market which returned 28.9% over the past year.

Price Volatility

Is EDV's price volatile compared to industry and market?
EDV volatility
EDV Beta0.49
Industry Beta1.08
Market Beta1

Stable Share Price: EDV is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: EDV's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20213,726Sebastien de Montessushttps://www.endeavourmining.com

Endeavour Mining Plc operates as a gold producer in West Africa. Its operating assets located in Senegal, Cote d’Ivoire, and Burkina Faso, as well as a portfolio of development projects and exploration assets in the Birimian Greenstone Belt across West Africa. Endeavour Mining Plc was incorporated in 2021 and is based in London, the United Kingdom.

Valuation

Is Endeavour Mining undervalued compared to its fair value and its price relative to the market?

17.52x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: EDV (CA$29.86) is trading above our estimate of fair value (CA$29.67)

Significantly Below Fair Value: EDV is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: EDV is poor value based on its PE Ratio (17.5x) compared to the Canadian Metals and Mining industry average (10.4x).

PE vs Market: EDV is poor value based on its PE Ratio (17.5x) compared to the Canadian market (12.8x).


Price to Earnings Growth Ratio

PEG Ratio: EDV is poor value based on its PEG Ratio (3.1x)


Price to Book Ratio

PB vs Industry: EDV is good value based on its PB Ratio (1.4x) compared to the CA Metals and Mining industry average (2.5x).


Future Growth

How is Endeavour Mining forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?

5.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: EDV's forecast earnings growth (5.7% per year) is above the savings rate (1.5%).

Earnings vs Market: EDV's earnings (5.7% per year) are forecast to grow slower than the Canadian market (12.3% per year).

High Growth Earnings: EDV's earnings are forecast to grow, but not significantly.

Revenue vs Market: EDV's revenue is expected to decline over the next 3 years (-2.9% per year).

High Growth Revenue: EDV's revenue is forecast to decline over the next 3 years (-2.9% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: EDV's Return on Equity is forecast to be low in 3 years time (10.2%).


Past Performance

How has Endeavour Mining performed over the past 5 years?

9.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EDV has high quality earnings.

Growing Profit Margin: EDV became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: EDV has become profitable over the past 5 years, growing earnings by 9.1% per year.

Accelerating Growth: EDV has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: EDV has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (116%).


Return on Equity

High ROE: EDV's Return on Equity (8.9%) is considered low.


Financial Health

How is Endeavour Mining's financial position?


Financial Position Analysis

Short Term Liabilities: EDV's short term assets ($1.4B) exceed its short term liabilities ($640.6M).

Long Term Liabilities: EDV's short term assets ($1.4B) do not cover its long term liabilities ($1.8B).


Debt to Equity History and Analysis

Debt Level: EDV's debt to equity ratio (20.9%) is considered satisfactory.

Reducing Debt: EDV's debt to equity ratio has reduced from 21.4% to 20.9% over the past 5 years.

Debt Coverage: EDV's debt is well covered by operating cash flow (114.4%).

Interest Coverage: EDV's interest payments on its debt are well covered by EBIT (14.3x coverage).


Balance Sheet


Dividend

What is Endeavour Mining current dividend yield, its reliability and sustainability?

2.39%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: EDV's dividend (2.39%) is higher than the bottom 25% of dividend payers in the Canadian market (1.64%).

High Dividend: EDV's dividend (2.39%) is low compared to the top 25% of dividend payers in the Canadian market (4.51%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether EDV's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if EDV's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (38.4%), EDV's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: EDV's dividends in 3 years are forecast to be well covered by earnings (30.3% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.4yrs

Average management tenure


CEO

Sebastien de Montessus (46 yo)

5.17yrs

Tenure

US$4,466,300

Compensation

Mr. Sebastien de Montessus serves as the President of Endeavour Mining plc. He is a Co-Founder and Marketing and Technology Coordinator of Ofye. He had been the President of Endeavour Mining plc since Nove...


CEO Compensation Analysis

Compensation vs Market: Sebastien's total compensation ($USD4.47M) is about average for companies of similar size in the Canadian market ($USD3.56M).

Compensation vs Earnings: Sebastien's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: EDV's management team is considered experienced (4.4 years average tenure).


Board Members

Experienced Board: EDV's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 52.7%.


Top Shareholders

Company Information

Endeavour Mining plc's employee growth, exchange listings and data sources


Key Information

  • Name: Endeavour Mining plc
  • Ticker: EDV
  • Exchange: TSX
  • Founded: 2021
  • Industry: Gold
  • Sector: Materials
  • Market Cap: CA$7.439b
  • Shares outstanding: 249.12m
  • Website: https://www.endeavourmining.com

Number of Employees


Location

  • Endeavour Mining plc
  • 5 Young Street
  • Kensington
  • London
  • Greater London
  • W8 5EH
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/19 22:03
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.