OCEANAGOLD CORP (OGC.CA) Stock Fundamental Analysis

TSX:OGC • CA6752224007

56.71 CAD
-0.29 (-0.51%)
Last: Feb 24, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

8

OGC gets a fundamental rating of 8 out of 10. The analysis compared the fundamentals against 802 industry peers in the Metals & Mining industry. Both the health and profitability get an excellent rating, making OGC a very profitable company, without any liquidiy or solvency issues. OGC is evaluated to be cheap and growing strongly. This does not happen too often! These ratings could make OGC a good candidate for value and growth and quality investing.


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

  • OGC had positive earnings in the past year.
  • In the past year OGC had a positive cash flow from operations.
  • The reported net income has been mixed in the past 5 years: OGC reported negative net income in multiple years.
  • OGC had a positive operating cash flow in each of the past 5 years.
OGC.CA Yearly Net Income VS EBIT VS OCF VS FCFOGC.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M -200M 400M

1.2 Ratios

  • OGC's Return On Assets of 13.98% is amongst the best of the industry. OGC outperforms 95.26% of its industry peers.
  • The Return On Equity of OGC (19.91%) is better than 95.64% of its industry peers.
  • OGC's Return On Invested Capital of 18.31% is amongst the best of the industry. OGC outperforms 97.63% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for OGC is below the industry average of 12.22%.
  • The 3 year average ROIC (7.57%) for OGC is below the current ROIC(18.31%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 13.98%
ROE 19.91%
ROIC 18.31%
ROA(3y)5.57%
ROA(5y)1.98%
ROE(3y)7.67%
ROE(5y)2.63%
ROIC(3y)7.57%
ROIC(5y)N/A
OGC.CA Yearly ROA, ROE, ROICOGC.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 -5 10

1.3 Margins

  • With an excellent Profit Margin value of 24.17%, OGC belongs to the best of the industry, outperforming 94.76% of the companies in the same industry.
  • OGC's Profit Margin has improved in the last couple of years.
  • Looking at the Operating Margin, with a value of 35.97%, OGC belongs to the top of the industry, outperforming 95.51% of the companies in the same industry.
  • OGC's Operating Margin has improved in the last couple of years.
  • OGC has a better Gross Margin (58.79%) than 96.88% of its industry peers.
  • OGC's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 35.97%
PM (TTM) 24.17%
GM 58.79%
OM growth 3Y2.46%
OM growth 5Y25.14%
PM growth 3YN/A
PM growth 5Y45.42%
GM growth 3Y-1.73%
GM growth 5Y3.73%
OGC.CA Yearly Profit, Operating, Gross MarginsOGC.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40 60

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ROAROEROICOperating and Profit MarginShow most profitable peers

7

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), OGC is creating some value.
  • OGC has less shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, OGC has less shares outstanding
  • The debt/assets ratio for OGC has been reduced compared to a year ago.
OGC.CA Yearly Shares OutstandingOGC.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M
OGC.CA Yearly Total Debt VS Total AssetsOGC.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B

2.2 Solvency

  • OGC has an Altman-Z score of 8.20. This indicates that OGC is financially healthy and has little risk of bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 8.20, OGC is in line with its industry, outperforming 58.73% of the companies in the same industry.
  • The Debt to FCF ratio of OGC is 0.13, which is an excellent value as it means it would take OGC, only 0.13 years of fcf income to pay off all of its debts.
  • The Debt to FCF ratio of OGC (0.13) is better than 96.26% of its industry peers.
  • A Debt/Equity ratio of 0.01 indicates that OGC is not too dependend on debt financing.
  • OGC has a Debt to Equity ratio of 0.01. This is comparable to the rest of the industry: OGC outperforms 45.89% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.01
Debt/FCF 0.13
Altman-Z 8.2
ROIC/WACC1.73
WACC10.57%
OGC.CA Yearly LT Debt VS Equity VS FCFOGC.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M 1B 1.5B

2.3 Liquidity

  • OGC has a Current Ratio of 1.27. This is a normal value and indicates that OGC is financially healthy and should not expect problems in meeting its short term obligations.
  • OGC has a Current ratio of 1.27. This is comparable to the rest of the industry: OGC outperforms 44.14% of its industry peers.
  • A Quick Ratio of 0.87 indicates that OGC may have some problems paying its short term obligations.
  • Looking at the Quick ratio, with a value of 0.87, OGC is doing worse than 61.22% of the companies in the same industry.
  • OGC does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
Industry RankSector Rank
Current Ratio 1.27
Quick Ratio 0.87
OGC.CA Yearly Current Assets VS Current LiabilitesOGC.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

9

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 529.63% over the past year.
  • The Earnings Per Share has been growing by 37.97% on average over the past years. This is a very strong growth
  • Looking at the last year, OGC shows a very strong growth in Revenue. The Revenue has grown by 47.10%.
  • The Revenue has been growing by 14.72% on average over the past years. This is quite good.
EPS 1Y (TTM)529.63%
EPS 3Y21.32%
EPS 5Y37.97%
EPS Q2Q%54.17%
Revenue 1Y (TTM)47.1%
Revenue growth 3Y20.22%
Revenue growth 5Y14.72%
Sales Q2Q%29.92%

3.2 Future

  • The Earnings Per Share is expected to grow by 15.25% on average over the next years. This is quite good.
  • OGC is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 23.36% yearly.
EPS Next Y196.52%
EPS Next 2Y138.55%
EPS Next 3Y70.19%
EPS Next 5Y15.25%
Revenue Next Year40.79%
Revenue Next 2Y41.5%
Revenue Next 3Y23.36%
Revenue Next 5YN/A

3.3 Evolution

  • The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
OGC.CA Yearly Revenue VS EstimatesOGC.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 500M 1B 1.5B 2B 2.5B
OGC.CA Yearly EPS VS EstimatesOGC.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 1 2 3 4

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Find the best growth stocksShow best growing peers

8

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 24.34 indicates a rather expensive valuation of OGC.
  • OGC's Price/Earnings ratio is rather cheap when compared to the industry. OGC is cheaper than 92.52% of the companies in the same industry.
  • OGC is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.98, which is the current average of the S&P500 Index.
  • Based on the Price/Forward Earnings ratio of 9.69, the valuation of OGC can be described as reasonable.
  • Based on the Price/Forward Earnings ratio, OGC is valued cheaply inside the industry as 94.76% of the companies are valued more expensively.
  • When comparing the Price/Forward Earnings ratio of OGC to the average of the S&P500 Index (28.01), we can say OGC is valued rather cheaply.
Industry RankSector Rank
PE 24.34
Fwd PE 9.69
OGC.CA Price Earnings VS Forward Price EarningsOGC.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

  • 96.13% of the companies in the same industry are more expensive than OGC, based on the Enterprise Value to EBITDA ratio.
  • OGC's Price/Free Cash Flow ratio is rather cheap when compared to the industry. OGC is cheaper than 96.01% of the companies in the same industry.
Industry RankSector Rank
P/FCF 21.79
EV/EBITDA 10.36
OGC.CA Per share dataOGC.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8 10

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • OGC has an outstanding profitability rating, which may justify a higher PE ratio.
  • OGC's earnings are expected to grow with 70.19% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.12
PEG (5Y)0.64
EPS Next 2Y138.55%
EPS Next 3Y70.19%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

3

5. Dividend

5.1 Amount

  • OGC has a yearly dividend return of 0.06%, which is pretty low.
  • Compared to an average industry Dividend Yield of 0.41, OGC pays a better dividend. On top of this OGC pays more dividend than 94.14% of the companies listed in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.81, OGC's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.06%

5.2 History

  • OGC has been paying a dividend for over 5 years, so it has already some track record.
  • OGC has decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years2
OGC.CA Yearly Dividends per shareOGC.CA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2023 2024 2025 0.05 0.1

5.3 Sustainability

  • OGC pays out 6.95% of its income as dividend. This is a sustainable payout ratio.
DP6.95%
EPS Next 2Y138.55%
EPS Next 3Y70.19%
OGC.CA Yearly Income VS Free CF VS DividendOGC.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M -100M 200M -200M
OGC.CA Dividend Payout.OGC.CA Dividend Payout, showing the Payout Ratio.OGC.CA Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

OCEANAGOLD CORP

TSX:OGC (2/24/2026, 7:00:00 PM)

56.71

-0.29 (-0.51%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)02-18
Earnings (Next)05-05
Inst Owners50.04%
Inst Owner ChangeN/A
Ins Owners0.35%
Ins Owner ChangeN/A
Market Cap12.77B
Revenue(TTM)1.67B
Net Income(TTM)403.10M
Analysts81.33
Price Target49.84 (-12.11%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0.06%
Yearly Dividend0.08
Dividend Growth(5Y)N/A
DP6.95%
Div Incr Years1
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)8.95%
Min EPS beat(2)-3.09%
Max EPS beat(2)20.98%
EPS beat(4)2
Avg EPS beat(4)23.17%
Min EPS beat(4)-3.09%
Max EPS beat(4)75.46%
EPS beat(8)2
Avg EPS beat(8)-32.75%
EPS beat(12)5
Avg EPS beat(12)1.56%
EPS beat(16)7
Avg EPS beat(16)-17.26%
Revenue beat(2)2
Avg Revenue beat(2)15.97%
Min Revenue beat(2)14.48%
Max Revenue beat(2)17.45%
Revenue beat(4)3
Avg Revenue beat(4)8.53%
Min Revenue beat(4)-1.62%
Max Revenue beat(4)17.45%
Revenue beat(8)4
Avg Revenue beat(8)1.26%
Revenue beat(12)7
Avg Revenue beat(12)2.71%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)9.58%
PT rev (3m)22.62%
EPS NQ rev (1m)4.62%
EPS NQ rev (3m)7.27%
EPS NY rev (1m)0%
EPS NY rev (3m)11.39%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-0.05%
Revenue NY rev (3m)5.47%
Valuation
Industry RankSector Rank
PE 24.34
Fwd PE 9.69
P/S 5.58
P/FCF 21.79
P/OCF 10.68
P/B 4.6
P/tB 4.6
EV/EBITDA 10.36
EPS(TTM)2.33
EY4.11%
EPS(NY)5.85
Fwd EY10.32%
FCF(TTM)2.6
FCFY4.59%
OCF(TTM)5.31
OCFY9.37%
SpS10.16
BVpS12.33
TBVpS12.33
PEG (NY)0.12
PEG (5Y)0.64
Graham Number25.43
Profitability
Industry RankSector Rank
ROA 13.98%
ROE 19.91%
ROCE 24.78%
ROIC 18.31%
ROICexc 21.25%
ROICexgc 21.25%
OM 35.97%
PM (TTM) 24.17%
GM 58.79%
FCFM 25.62%
ROA(3y)5.57%
ROA(5y)1.98%
ROE(3y)7.67%
ROE(5y)2.63%
ROIC(3y)7.57%
ROIC(5y)N/A
ROICexc(3y)8.04%
ROICexc(5y)N/A
ROICexgc(3y)8.04%
ROICexgc(5y)N/A
ROCE(3y)10.25%
ROCE(5y)N/A
ROICexgc growth 3Y21.9%
ROICexgc growth 5Y41.07%
ROICexc growth 3Y21.9%
ROICexc growth 5Y41.07%
OM growth 3Y2.46%
OM growth 5Y25.14%
PM growth 3YN/A
PM growth 5Y45.42%
GM growth 3Y-1.73%
GM growth 5Y3.73%
F-Score8
Asset Turnover0.58
Health
Industry RankSector Rank
Debt/Equity 0.01
Debt/FCF 0.13
Debt/EBITDA 0.03
Cap/Depr 163.89%
Cap/Sales 26.67%
Interest Coverage 77.92
Cash Conversion 100.08%
Profit Quality 106%
Current Ratio 1.27
Quick Ratio 0.87
Altman-Z 8.2
F-Score8
WACC10.57%
ROIC/WACC1.73
Cap/Depr(3y)137.1%
Cap/Depr(5y)144.81%
Cap/Sales(3y)30.86%
Cap/Sales(5y)37.39%
Profit Quality(3y)73.64%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)529.63%
EPS 3Y21.32%
EPS 5Y37.97%
EPS Q2Q%54.17%
EPS Next Y196.52%
EPS Next 2Y138.55%
EPS Next 3Y70.19%
EPS Next 5Y15.25%
Revenue 1Y (TTM)47.1%
Revenue growth 3Y20.22%
Revenue growth 5Y14.72%
Sales Q2Q%29.92%
Revenue Next Year40.79%
Revenue Next 2Y41.5%
Revenue Next 3Y23.36%
Revenue Next 5YN/A
EBIT growth 1Y302.96%
EBIT growth 3Y23.18%
EBIT growth 5Y43.56%
EBIT Next Year281.18%
EBIT Next 3Y79.15%
EBIT Next 5Y21.7%
FCF growth 1Y523.03%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y54.58%
OCF growth 3Y31.46%
OCF growth 5Y23.79%

OCEANAGOLD CORP / OGC.CA FAQ

What is the ChartMill fundamental rating of OCEANAGOLD CORP (OGC.CA) stock?

ChartMill assigns a fundamental rating of 8 / 10 to OGC.CA.


Can you provide the valuation status for OCEANAGOLD CORP?

ChartMill assigns a valuation rating of 8 / 10 to OCEANAGOLD CORP (OGC.CA). This can be considered as Undervalued.


Can you provide the profitability details for OCEANAGOLD CORP?

OCEANAGOLD CORP (OGC.CA) has a profitability rating of 8 / 10.


Can you provide the financial health for OGC stock?

The financial health rating of OCEANAGOLD CORP (OGC.CA) is 7 / 10.


What is the expected EPS growth for OCEANAGOLD CORP (OGC.CA) stock?

The Earnings per Share (EPS) of OCEANAGOLD CORP (OGC.CA) is expected to grow by 196.52% in the next year.