WallStSmart

Equinox Gold Corp (EQX)vsVale SA ADR (VALE)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Vale SA ADR generates 8804% more annual revenue ($214.86B vs $2.41B). EQX leads profitability with a 25.2% profit margin vs 7.3%. VALE trades at a lower P/E of 22.9x. EQX earns a higher WallStSmart Score of 72/100 (B).

EQX

Strong Buy

72

out of 100

Grade: B

Growth: 10.0Profit: 8.0Value: 7.0Quality: 5.5
Piotroski: 3/9Altman Z: 1.24

VALE

Strong Buy

67

out of 100

Grade: B-

Growth: 4.7Profit: 6.5Value: 8.7Quality: 4.5
Piotroski: 2/9Altman Z: 1.31
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

EQXUndervalued (+67.7%)

Margin of Safety

+67.7%

Fair Value

$32.66

Current Price

$10.79

$21.87 discount

UndervaluedFair: $32.66Overvalued
VALEUndervalued (+77.0%)

Margin of Safety

+77.0%

Fair Value

$75.65

Current Price

$15.23

$60.42 discount

UndervaluedFair: $75.65Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

EQX6 strengths · Avg: 9.7/10
Price/BookValuation
1.4x10/10

Reasonable price relative to book value

Operating MarginProfitability
45.3%10/10

Strong operational efficiency at 45.3%

Revenue GrowthGrowth
224.3%10/10

Revenue surging 224.3% year-over-year

EPS GrowthGrowth
15682.0%10/10

Earnings expanding 15682.0% YoY

Profit MarginProfitability
25.2%9/10

Keeps 25 of every $100 in revenue as profit

Debt/EquityHealth
0.109/10

Conservative balance sheet, low leverage

VALE5 strengths · Avg: 8.6/10
PEG RatioValuation
0.3210/10

Growing faster than its price suggests

Market CapQuality
$64.54B9/10

Large-cap with strong market position

Price/BookValuation
1.8x8/10

Reasonable price relative to book value

Operating MarginProfitability
28.1%8/10

Strong operational efficiency at 28.1%

EPS GrowthGrowth
22.0%8/10

Earnings expanding 22.0% YoY

Areas to Watch

EQX3 concerns · Avg: 3.0/10
P/E RatioValuation
28.5x4/10

Moderate valuation

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Altman Z-ScoreHealth
1.242/10

Distress zone — elevated risk

VALE4 concerns · Avg: 3.3/10
Revenue GrowthGrowth
2.7%4/10

2.7% revenue growth

Return on EquityProfitability
7.6%3/10

ROE of 7.6% — below average capital efficiency

Profit MarginProfitability
7.3%3/10

7.3% margin — thin

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

Comparative Analysis Report

WallStSmart Research

Bull Case : EQX

The strongest argument for EQX centers on Price/Book, Operating Margin, Revenue Growth. Profitability is solid with margins at 25.2% and operating margin at 45.3%. Revenue growth of 224.3% demonstrates continued momentum.

Bull Case : VALE

The strongest argument for VALE centers on PEG Ratio, Market Cap, Price/Book. PEG of 0.32 suggests the stock is reasonably priced for its growth.

Bear Case : EQX

The primary concerns for EQX are P/E Ratio, Piotroski F-Score, Altman Z-Score.

Bear Case : VALE

The primary concerns for VALE are Revenue Growth, Return on Equity, Profit Margin.

Key Dynamics to Monitor

EQX profiles as a growth stock while VALE is a value play — different risk/reward profiles.

EQX carries more volatility with a beta of 2.33 — expect wider price swings.

EQX is growing revenue faster at 224.3% — sustainability is the question.

VALE generates stronger free cash flow (700M), providing more financial flexibility.

Bottom Line

EQX scores higher overall (72/100 vs 67/100), backed by strong 25.2% margins and 224.3% revenue growth. VALE offers better value entry with a 77.0% margin of safety. Both earn "Strong Buy" and "Strong Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Equinox Gold Corp

BASIC MATERIALS · GOLD · USA

Equinox Gold Corp. The company is headquartered in Vancouver, Canada.

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Vale SA ADR

BASIC MATERIALS · OTHER INDUSTRIAL METALS & MINING · USA

Vale SA produces and sells iron ore and iron ore pellets for use as raw material in steelmaking in Brazil and internationally. The company is headquartered in Rio de Janeiro, Brazil.

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