Centerra Gold (TSX:CG) Capex-to-Revenue: 0.15 (As of Mar. 2026)


TSX:CG Centerra Gold Inc TSX:CG
91 GF Score
Price C$22.82
GF Value C$14.23
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Centerra Gold Capex-to-Revenue?

Centerra Gold TSX:CG -2.98% 91 Capex-to-Revenue is 0.15 as of Mar. 2026. GuruFocus rates TSX:CG with a GF Score™ of 91/100 and a GF Value™ of C$14.23 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Capex-to-Revenue measures a company's investments in physical assets such as property, industrial buildings or equipment to its revenue.

Centerra Gold's Capital Expenditure for the three months ended in Mar. 2026 was C$-97.53 Mil. Its Revenue for the three months ended in Mar. 2026 was C$665.00 Mil.

Hence, Centerra Gold's Capex-to-Revenue for the three months ended in Mar. 2026 was 0.15.


Centerra Gold  (TSX:CG) Capex-to-Revenue Explanation

Capex-to-Revenue measures a company's investments in physical assets such as property, industrial buildings or equipment to its revenue. The ratio shows how aggressively the company reinvests its revenue back into productive assets. However, a high ratio potentially indicates that the company has invested too much in innovation and infrastructure, taking up funds that could be used to boost productivity and increase revenue. Therefore, a high Capex to Revenue Ratio could be a positive or a negative sign depending on how effectively a company converts those investments into future earnings.


Centerra Gold Capex-to-Revenue Related Terms


Centerra Gold Capex-to-Revenue Historical Data

* Premium members only.

The historical data trend for Centerra Gold's Capex-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Centerra Gold Capex-to-Revenue Chart

Centerra Gold Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Capex-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.10 0.08 0.15 0.21

Centerra Gold Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Capex-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.16 0.18 0.16 0.33 0.15

TSX:CG vs NEM, AU: Capex-to-Revenue Comparison

For the Gold subindustry, Centerra Gold's Capex-to-Revenue, along with its competitors' market caps and Capex-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Centerra Gold Capex-to-Revenue vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Centerra Gold's Capex-to-Revenue distribution charts can be found below:

* The bar in red indicates where Centerra Gold's Capex-to-Revenue falls into.


TSX:CG
91GF Score
Centerra Gold Inc TSX:CG
Capex-to-Revenue is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Centerra Gold Capex-to-Revenue Calculation

Centerra Gold's Capex-to-Revenue for the fiscal year that ended in Dec. 2025 is calculated as

Capex-to-Revenue=- Capital Expenditure / Revenue
=- (-409.316) / 1910.003
=0.21

Centerra Gold's Capex-to-Revenue for the quarter that ended in Mar. 2026 is calculated as

Capex-to-Revenue=- Capital Expenditure / Revenue
=- (-97.527) / 665
=0.15

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Capex-to-Revenue →
What does a Capex-to-Revenue of 0.15 mean?
Centerra Gold (TSX:CG) has a Capex-to-Revenue of 0.15 as of Mar. 2026. Capex to Revenue ratio measures a company's investments in physical assets such as property, industrial buildings or equipment to its revenue. View historical data on Centerra Gold and its competitors.
Is Centerra Gold's Capex-to-Revenue too high?
Centerra Gold's current Capex-to-Revenue is 0.15. Overall, Centerra Gold has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Centerra Gold's Capex-to-Revenue compare to NEM and AU?
Centerra Gold's Capex-to-Revenue of 0.15 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Capex-to-Revenue for a Metals & Mining company?
A good Capex-to-Revenue depends on the Metals & Mining industry context. However, Capex-to-Revenue should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Capex-to-Revenue mean?
A high Capex-to-Revenue can signal that a stock is expensive relative to its fundamentals. Capex to Revenue ratio measures a company's investments in physical assets such as property, industrial buildings or equipment to its revenue. View historical data on Centerra Gold and its competitors. Centerra Gold's current Capex-to-Revenue is 0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Centerra Gold stock overvalued right now?
Based on GuruFocus' analysis, Centerra Gold (TSX:CG) is currently considered Significantly Overvalued. The stock's GF Value™ is C$14.23, compared to a current price of C$22.82 — trading 60.4% above its estimated fair value. The current Capex-to-Revenue is 0.15. Centerra Gold's overall GF Score™ is 91/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Capex-to-Revenue calculated?
Capex-to-Revenue is calculated from a company's financial statements. For Centerra Gold (TSX:CG), the current Capex-to-Revenue is 0.15 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Centerra Gold (TSX:CG) Overvalued in 2026?

Based on GuruFocus' analysis, Centerra Gold stock appears to be overvalued. The current stock price of C$22.82 is trading 60.4% above its estimated GF Value™ of C$14.23. GuruFocus considers Centerra Gold to be Significantly Overvalued.

Key valuation signals for TSX:CG:

  • Capex-to-Revenue: 0.15
  • GF Value™: C$14.23 vs. price of C$22.82 (60.4% above fair value)
  • GF Score™: 91/100 with 1 warning sign

No single metric tells the full story. See the TSX:CG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Centerra Gold Business Description

Other Exchanges CGAU:USA0UP5:UKGOU:Germany
Address 1 University Avenue, Suite 1800, Toronto, ON, CAN, M5J 2P1
Centerra Gold Inc is principally focused on operating, developing, exploring and acquiring gold and copper properties in North America, Turkey, and other markets world-wide. The company reportable operating segments are Oksut; Mount Milligan; and Molybdenum. It derives maximum revenue from Mount Milligan segment. Geographically, it operates in Turkey, United States, and Canada.
91GF Score

Get the complete analysis for TSX:CG

Capex-to-Revenue is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$22.82
Price
C$14.23
GF Value