AIM:CGH

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Chaarat Gold Holdings

Market Cap

UK£186.9m

Last Updated

2021/06/14 18:37 UTC

Data Sources

Company Financials +

Executive Summary

Chaarat Gold Holdings Limited operates as a gold mining company. More Details


Snowflake Analysis

Exceptional growth potential and slightly overvalued.

Share Price & News

How has Chaarat Gold Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CGH is more volatile than 75% of UK stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: CGH's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of UK stocks.


Market Performance


7 Day Return

4.5%

CGH

-0.6%

GB Metals and Mining

0.4%

GB Market


1 Year Return

-7.7%

CGH

50.1%

GB Metals and Mining

21.3%

GB Market

Return vs Industry: CGH underperformed the UK Metals and Mining industry which returned 50.1% over the past year.

Return vs Market: CGH underperformed the UK Market which returned 21.3% over the past year.


Shareholder returns

CGHIndustryMarket
7 Day4.5%-0.6%0.4%
30 Day10.1%-1.3%1.7%
90 Day11.4%9.4%6.9%
1 Year-7.7%-7.7%58.4%50.1%27.3%21.3%
3 Yearn/a60.4%33.5%13.8%0.7%
5 Year362.5%362.5%259.3%175.3%55.1%25.8%

Long-Term Price Volatility Vs. Market

How volatile is Chaarat Gold Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Chaarat Gold Holdings undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CGH (£0.28) is trading below our estimate of fair value (£4.52)

Significantly Below Fair Value: CGH is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: CGH is unprofitable, so we can't compare its PE Ratio to the UK Metals and Mining industry average.

PE vs Market: CGH is unprofitable, so we can't compare its PE Ratio to the UK market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate CGH's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CGH is overvalued based on its PB Ratio (8.4x) compared to the GB Metals and Mining industry average (2.1x).


Future Growth

How is Chaarat Gold Holdings forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

70.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CGH is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.9%).

Earnings vs Market: CGH is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: CGH's is expected to become profitable in the next 3 years.

Revenue vs Market: CGH's revenue (33.2% per year) is forecast to grow faster than the UK market (5.4% per year).

High Growth Revenue: CGH's revenue (33.2% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CGH's Return on Equity is forecast to be very high in 3 years time (58%).


Past Performance

How has Chaarat Gold Holdings performed over the past 5 years?

-35.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CGH is currently unprofitable.

Growing Profit Margin: CGH is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CGH is unprofitable, and losses have increased over the past 5 years at a rate of 35.1% per year.

Accelerating Growth: Unable to compare CGH's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CGH is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (23.9%).


Return on Equity

High ROE: CGH has a negative Return on Equity (-91.79%), as it is currently unprofitable.


Financial Health

How is Chaarat Gold Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: CGH's short term assets ($25.8M) do not cover its short term liabilities ($80.5M).

Long Term Liabilities: CGH's short term assets ($25.8M) do not cover its long term liabilities ($30.2M).


Debt to Equity History and Analysis

Debt Level: CGH's debt to equity ratio (313.3%) is considered high.

Reducing Debt: Insufficient data to determine if CGH's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable CGH has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: CGH is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 7.3% per year.


Dividend

What is Chaarat Gold Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate CGH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate CGH's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if CGH's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CGH's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CGH's dividend in 3 years as they are not forecast to pay a notable one for the UK market.


Next Steps

Management

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

2.1yrs

Average management tenure


CEO

Artem Volynets (53 yo)

3yrs

Tenure

US$1,432,000

Compensation

Mr. Artem O. Volynets is Director of Chaarat Gold Holdings Limited since March 26, 2018 and also serves as its Chief Executive Officer since June 25, 2018. Mr. Volynets served as the Chief Executive Office...


CEO Compensation Analysis

Compensation vs Market: Artem's total compensation ($USD1.43M) is above average for companies of similar size in the UK market ($USD563.50K).

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


Leadership Team

Experienced Management: CGH's management team is considered experienced (2.1 years average tenure).


Board Members

Experienced Board: CGH's board of directors are not considered experienced ( 2.6 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: CGH insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 32.2%.


Top Shareholders

Company Information

Chaarat Gold Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Chaarat Gold Holdings Limited
  • Ticker: CGH
  • Exchange: AIM
  • Founded: 2007
  • Industry: Gold
  • Sector: Materials
  • Market Cap: UK£186.873m
  • Shares outstanding: 665.03m
  • Website: https://www.chaarat.com

Number of Employees


Location

  • Chaarat Gold Holdings Limited
  • Business Centre Victory
  • 10th Floor
  • Bishkek
  • 720011
  • Kyrgyzstan

Listings


Biography

Chaarat Gold Holdings Limited operates as a gold mining company. It owns and operates the Tulkubash and the Kyzyltash gold projects in the Kyrgyz Republic, as well as the Kapan mine in Armenia. The company...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/14 18:37
End of Day Share Price2021/06/14 00:00
Earnings2020/12/31
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.