# Serabi Gold plc (SBI.TO) fundamentals

Data as of 2026-09-08. TSX, Canada. Sector: Basic Materials / Metals & Mining. Price C$5.60, market value C$427 million.

## Valuation
- **P/E (trailing): 4.6×** (5-yr avg 7.0×, 3-yr avg 7.0×). Serabi Gold plc trades at 4.6× trailing earnings, well below its own five-year average of 7.0×: cheap by its own standards. The Basic Materials median in the September 2026 study was 19.0×. Forward P/E is 560.0×, higher than trailing, so analysts expect earnings to fall.
- **PEG: 5.76**. A PEG of 5.76 means the P/E is high relative to expected earnings growth; the price already assumes a lot.
- **Price / sales: 1.7×**. Each dollar of revenue is priced at 1.7×.
- **Price / book: 1.5×**. The shares trade at 1.5× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 2.6×**. Enterprise value is 2.6× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 13.2%** (5-yr avg -1.1%). Free cash flow equals 13.2% of the market value, above its five-year average of -1.1%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 21.6%**. The inverse of the P/E: 21.6% of the price is earned each year.

## Profitability
- **Gross margin: 54.1%**. Serabi Gold plc keeps 54.1% of revenue after the direct cost of what it sells.
- **Operating margin: 47.2%**. 47.2% of revenue is left after running the business, an exceptional level.
- **Net margin: 34.6%**. 34.6% of each dollar of sales reaches the bottom line.
- **Return on equity: 32.4%**. 32.4% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on invested capital: 51.3%**. Return on all capital, debt included, is 51.3%: comfortably above what that capital costs.
- **Return on assets: 33.2%**. Each dollar of assets produces 33.2% of profit.

## Growth
- **Revenue growth (1 yr): 68.5%** (3-yr 39.5%/yr, 5-yr 23.3%/yr). Revenue grew 68.5% over the last year, against 23.3% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): 97.3%** (5-yr 46.0%/yr). Earnings per share rose 97.3%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Debt to equity: 0.04**. Debt is 0.04 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. Serabi Gold plc holds more cash than debt.
- **Interest coverage: 179.3×**. Operating profit covers interest 179.3× over, a safe margin.
- **Current ratio: 3.41** (quick 2.72). Current assets cover the next year's liabilities 3.41 times.
- **Altman Z-score: 12.11**. A Z-score of 12.11 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 8/9**. 8 of 9 fundamental checks pass: strong and improving financials.

## Dividends
- **Dividend yield: 1.67%** (C$0.09 per share, trailing). Serabi Gold plc yields 1.67%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 0%** (0% of free cash flow). 0% of earnings goes out as dividends, leaving room to keep raising it.
- **Shareholder yield: 1.7%**. Dividends plus net buybacks return 1.7% of the market value a year.

## Price and momentum
- **Total return (1 yr): 45.5%** (YTD -4.2%, 3-mo -8.5%). The shares are up 45.5% over twelve months including dividends.
- **From 52-week high: -19.9%** (39.0% above the low). Trading 20% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 49**. An RSI of 49 is neutral.
- **Beta (1 yr): 2.42** (volatility 63%). Beta of 2.42 against the S&P/TSX Composite: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=SBI.TO · Page: https://foliofundamentals.com/stocks/sbi.to

Not investment advice.