Coronado Global Resources Inc. (CODQL) stock analysis
Close on Oct 19, 2026Market cap $20.12MP/E –Yield –
StockData Score
Prices as of Nov 11, 2026How the score works
Weak3 of 30 checks passed
Coronado Global Resources passes 3 of the 30 checks behind our score; 24 could not be run for lack of data and count as not passed. Each dot in the shape is one check — hover it for the numbers.
- Valuation
- 0/6
- Growth
- 2/6
- Past performance
- 0/6
- Financial health
- 1/6
- Dividend
- 0/6
What stands out
Growing faster than the industry
Revenue grew 7.1% over the last twelve months; the Energy median is 1.9%.
Gross margin improving
Gross margin was 23.7% over the last twelve months, against 23.6% a year earlier.
Short-term assets cover short-term debts
Current assets are 1.12 times current liabilities.
What to watch
Revenue growing under 10% a year
Revenue grew -18.3% a year over the last three fiscal years, short of the 10% we look for.
Debt not well covered by cash flow
Operating cash flow over the last twelve months equals -33.8% of total debt; we look for at least 20%.
No dividend
Coronado Global Resources has not paid a dividend in the last twelve months.
Valuation0/6
P/E against its history
Not enough price and earnings history to compare.
P/E against the industry
Needs positive earnings and enough profitable companies in the industry.
EV/EBITDA against its history
Needs positive EBITDA and price history.
P/B against the industry
Needs positive book value.
Price against fair value
We could not estimate a fair value: it needs at least two valuation methods with positive inputs.
Margin of safety
Depends on the fair value estimate.
Growth2/6
Revenue growing under 10% a year
Revenue grew -18.3% a year over the last three fiscal years, short of the 10% we look for.
EPS growth over 3 years
Needs positive EPS three years ago and today.
Earnings acceleration
Needs positive net income now, a year ago and five years ago.
Growing faster than the industry
Revenue grew 7.1% over the last twelve months; the Energy median is 1.9%.
Guidance issued
The latest outlook (2026 Average mining cash costs per tonne produced, Aug 11, 2026) was issued for the first time, so it neither adds nor takes away points.
Gross margin improving
Gross margin was 23.7% over the last twelve months, against 23.6% a year earlier.
Past performance0/6
Return on equity
Needs positive equity and five years of results.
Return on invested capital
Needs operating income and invested capital.
Return on equity against the industry
Needs positive equity.
Earnings over 5 years
Needs positive net income five years ago and in the latest year.
Net margin against its history
Needs five years of revenue and net income.
Net margin against the industry
Needs revenue and net income.
Financial health1/6
Debt level
Needs debt and equity figures.
Debt trend
Needs a balance sheet from five years ago with positive equity.
Debt not well covered by cash flow
Operating cash flow over the last twelve months equals -33.8% of total debt; we look for at least 20%.
Interest coverage
Interest expense is not reported separately.
Short-term assets cover short-term debts
Current assets are 1.12 times current liabilities.
Bankruptcy risk (Altman Z)
Needs market value, working capital and retained earnings.
Dividend0/6
No dividend
Coronado Global Resources has not paid a dividend in the last twelve months.
Yield against Treasuries
No dividend.
Yield against the market
No dividend.
Dividend stability
No dividend.
Earnings cover
No dividend.
Cash-flow cover
No dividend.
Fair value
How we estimate itWe don't publish a fair value for Coronado Global Resources. It needs a US-dollar share price, at least two valuation methods with positive inputs (earnings, EBITDA, book value or sales) and, for companies with several share classes, classes that trade at the same price.
Valuation over time
Using the earnings and balance sheet published at each date, not today's.
- P/E at month end
- Own 5-year median 0.3
- Energy median 13.8
An estimate from reported numbers and market multiples, not a price target or investment advice. It can be far off for companies whose profits are about to change sharply.
Margins
Share of revenue, fiscal years 2016 to 2025
Gross margin
Operating margin
Net margin
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -22.2% | -18.3% | +5.9% | – | |
| Gross profit | -46.4% | -40.9% | -1.0% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | -27.1% | – | |
| Return on assets | – | -10.4% | – | |
| Current ratio | – | 1.37 | 1.55 | |
| Debt to equity | – | 0.01 | – | |
| Net debt to EBITDA | – | -0.89× | – | |
| Interest coverage | – | – | – | |
| Inventory turnover | – | 7.5× | 8.7× | |
| Capex to revenue | – | 8.1% | 12.6% | |
| Diluted shares | – | 111M | 168M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Coronado Global Resources generated $1.79B from operations and spent $1.76B on capital expenditure, dividends and share buybacks. 58% of that went back into the business.
DuPont analysis
Return on equity split into margin, efficiency and leverage
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2021 | 8.8% | 0.93× | 2.45× | 20.1% |
| FY2020 | -15.5% | 0.67× | 2.61× | -27.1% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
- ProfitableNet income above zero–
- Cash generatingOperating cash flow above zero-$80.00M
- Return on assets improvedROA up on the prior year– → –
- Earnings backed by cashOperating cash flow above net income-$80.00M vs –
- Less leverageLong-term debt to assets fell16.3% → 26.1%
- Better liquidityCurrent ratio rose2.01 → 1.55
- No dilutionShare count did not rise168M → 168M
- Gross margin improvedGross margin up on the prior year31.61% → 21.81%
- More efficientAsset turnover rose0.94 → 0.77
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