OCEANAGOLD CORP (OGC.CA) Fundamental Analysis & Valuation
TSX:OGC • CA6752224007
Current stock price
47.23 CAD
+0.32 (+0.68%)
Last:
This OGC.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. OGC.CA Profitability Analysis
1.1 Basic Checks
- In the past year OGC was profitable.
- OGC had a positive operating cash flow in the past year.
- OGC had positive earnings in 4 of the past 5 years.
- Each year in the past 5 years OGC had a positive operating cash flow.
1.2 Ratios
- OGC's Return On Assets of 19.31% is amongst the best of the industry. OGC outperforms 96.48% of its industry peers.
- OGC has a Return On Equity of 27.73%. This is amongst the best in the industry. OGC outperforms 96.60% of its industry peers.
- The Return On Invested Capital of OGC (20.09%) is better than 97.48% of its industry peers.
- OGC had an Average Return On Invested Capital over the past 3 years of 12.02%. This is in line with the industry average of 13.12%.
- The 3 year average ROIC (12.02%) for OGC is below the current ROIC(20.09%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 19.31% | ||
| ROE | 27.73% | ||
| ROIC | 20.09% |
ROA(3y)10.08%
ROA(5y)7.17%
ROE(3y)14.27%
ROE(5y)10.1%
ROIC(3y)12.02%
ROIC(5y)9.67%
1.3 Margins
- OGC has a Profit Margin of 33.21%. This is amongst the best in the industry. OGC outperforms 95.85% of its industry peers.
- OGC's Profit Margin has improved in the last couple of years.
- OGC's Operating Margin of 39.10% is amongst the best of the industry. OGC outperforms 95.60% of its industry peers.
- In the last couple of years the Operating Margin of OGC has grown nicely.
- OGC has a Gross Margin of 59.66%. This is amongst the best in the industry. OGC outperforms 96.86% of its industry peers.
- OGC's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 39.1% | ||
| PM (TTM) | 33.21% | ||
| GM | 59.66% |
OM growth 3Y25.17%
OM growth 5YN/A
PM growth 3Y34.31%
PM growth 5YN/A
GM growth 3Y7.78%
GM growth 5Y5.67%
2. OGC.CA Health Analysis
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), OGC is creating some value.
- Compared to 1 year ago, OGC has less shares outstanding
- OGC has less shares outstanding than it did 5 years ago.
- Compared to 1 year ago, OGC has an improved debt to assets ratio.
2.2 Solvency
- OGC has an Altman-Z score of 6.56. This indicates that OGC is financially healthy and has little risk of bankruptcy at the moment.
- OGC's Altman-Z score of 6.56 is in line compared to the rest of the industry. OGC outperforms 57.11% of its industry peers.
- OGC has a debt to FCF ratio of 0.09. This is a very positive value and a sign of high solvency as it would only need 0.09 years to pay back of all of its debts.
- OGC has a Debt to FCF ratio of 0.09. This is amongst the best in the industry. OGC outperforms 96.48% of its industry peers.
- OGC has a Debt/Equity ratio of 0.01. This is a healthy value indicating a solid balance between debt and equity.
- OGC has a Debt to Equity ratio (0.01) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.09 | ||
| Altman-Z | 6.56 |
ROIC/WACC1.66
WACC12.09%
2.3 Liquidity
- OGC has a Current Ratio of 1.45. This is a normal value and indicates that OGC is financially healthy and should not expect problems in meeting its short term obligations.
- Looking at the Current ratio, with a value of 1.45, OGC is in line with its industry, outperforming 43.65% of the companies in the same industry.
- OGC has a Quick Ratio of 1.02. 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 worse Quick ratio (1.02) than 60.63% of its industry peers.
- 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 Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.45 | ||
| Quick Ratio | 1.02 |
3. OGC.CA Growth Analysis
3.1 Past
- The Earnings Per Share has grown by an impressive 184.00% over the past year.
- Measured over the past years, OGC shows a very strong growth in Earnings Per Share. The EPS has been growing by 52.55% on average per year.
- The Revenue has grown by 46.31% in the past year. This is a very strong growth!
- OGC shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 30.51% yearly.
EPS 1Y (TTM)184%
EPS 3Y52.55%
EPS 5YN/A
EPS Q2Q%102.38%
Revenue 1Y (TTM)46.31%
Revenue growth 3Y25.08%
Revenue growth 5Y30.51%
Sales Q2Q%52.68%
3.2 Future
- Based on estimates for the next years, OGC will show a small growth in Earnings Per Share. The EPS will grow by 4.75% on average per year.
- OGC is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 13.33% yearly.
EPS Next Y114.98%
EPS Next 2Y46.6%
EPS Next 3Y25.62%
EPS Next 5Y4.75%
Revenue Next Year60.86%
Revenue Next 2Y24.4%
Revenue Next 3Y13.33%
Revenue Next 5YN/A
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
- Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. OGC.CA Valuation Analysis
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 16.12, the valuation of OGC can be described as correct.
- Compared to the rest of the industry, the Price/Earnings ratio of OGC indicates a rather cheap valuation: OGC is cheaper than 93.84% of the companies listed in the same industry.
- OGC is valuated rather cheaply when we compare the Price/Earnings ratio to 27.34, which is the current average of the S&P500 Index.
- With a Price/Forward Earnings ratio of 7.50, the valuation of OGC can be described as very cheap.
- Based on the Price/Forward Earnings ratio, OGC is valued cheaply inside the industry as 95.85% of the companies are valued more expensively.
- The average S&P500 Price/Forward Earnings ratio is at 38.18. OGC is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.12 | ||
| Fwd PE | 7.5 |
4.2 Price Multiples
- 96.35% of the companies in the same industry are more expensive than OGC, based on the Enterprise Value to EBITDA ratio.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of OGC indicates a rather cheap valuation: OGC is cheaper than 97.61% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.3 | ||
| EV/EBITDA | 7.37 |
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.
- The excellent profitability rating of OGC may justify a higher PE ratio.
- A more expensive valuation may be justified as OGC's earnings are expected to grow with 25.62% in the coming years.
PEG (NY)0.14
PEG (5Y)N/A
EPS Next 2Y46.6%
EPS Next 3Y25.62%
5. OGC.CA Dividend Analysis
5.1 Amount
- OGC has a yearly dividend return of 0.06%, which is pretty low.
- OGC's Dividend Yield is rather good when compared to the industry average which is at 0.90. OGC pays more dividend than 93.96% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.82, OGC's dividend is way lower than the S&P500 average.
| Industry Rank | Sector 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
5.3 Sustainability
- OGC pays out 4.41% of its income as dividend. This is a sustainable payout ratio.
DP4.41%
EPS Next 2Y46.6%
EPS Next 3Y25.62%
OGC.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:OGC (4/14/2026, 7:00:00 PM)
47.23
+0.32 (+0.68%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)02-18 2026-02-18/amc
Earnings (Next)05-05 2026-05-05
Inst Owners54.8%
Inst Owner ChangeN/A
Ins Owners0.48%
Ins Owner ChangeN/A
Market Cap10.65B
Revenue(TTM)1.89B
Net Income(TTM)628.70M
Analysts80
Price Target66.9 (41.65%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.06% |
Yearly Dividend0.17
Dividend Growth(5Y)N/A
DP4.41%
Div Incr Years1
Div Non Decr Years2
Ex-Date03-04 2026-03-04 (0.09)
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-7.62%
Min EPS beat(2)-12.15%
Max EPS beat(2)-3.09%
EPS beat(4)2
Avg EPS beat(4)20.3%
Min EPS beat(4)-12.15%
Max EPS beat(4)75.46%
EPS beat(8)2
Avg EPS beat(8)-12.65%
EPS beat(12)4
Avg EPS beat(12)-26.81%
EPS beat(16)7
Avg EPS beat(16)-14.37%
Revenue beat(2)2
Avg Revenue beat(2)35.66%
Min Revenue beat(2)17.45%
Max Revenue beat(2)53.86%
Revenue beat(4)4
Avg Revenue beat(4)22.39%
Min Revenue beat(4)3.78%
Max Revenue beat(4)53.86%
Revenue beat(8)4
Avg Revenue beat(8)6.98%
Revenue beat(12)7
Avg Revenue beat(12)6.7%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)10.57%
PT rev (3m)50.47%
EPS NQ rev (1m)1.85%
EPS NQ rev (3m)11.64%
EPS NY rev (1m)6.74%
EPS NY rev (3m)7.29%
Revenue NQ rev (1m)5.13%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)8.45%
Revenue NY rev (3m)16.25%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.12 | ||
| Fwd PE | 7.5 | ||
| P/S | 4.09 | ||
| P/FCF | 14.3 | ||
| P/OCF | 7.87 | ||
| P/B | 3.42 | ||
| P/tB | 3.42 | ||
| EV/EBITDA | 7.37 |
EPS(TTM)2.93
EY6.2%
EPS(NY)6.3
Fwd EY13.34%
FCF(TTM)3.3
FCFY6.99%
OCF(TTM)6
OCFY12.71%
SpS11.55
BVpS13.83
TBVpS13.83
PEG (NY)0.14
PEG (5Y)N/A
Graham Number30.19
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 19.31% | ||
| ROE | 27.73% | ||
| ROCE | 26.92% | ||
| ROIC | 20.09% | ||
| ROICexc | 24.31% | ||
| ROICexgc | 24.31% | ||
| OM | 39.1% | ||
| PM (TTM) | 33.21% | ||
| GM | 59.66% | ||
| FCFM | 28.6% |
ROA(3y)10.08%
ROA(5y)7.17%
ROE(3y)14.27%
ROE(5y)10.1%
ROIC(3y)12.02%
ROIC(5y)9.67%
ROICexc(3y)13.79%
ROICexc(5y)10.87%
ROICexgc(3y)13.79%
ROICexgc(5y)10.87%
ROCE(3y)16.1%
ROCE(5y)12.96%
ROICexgc growth 3Y49.47%
ROICexgc growth 5YN/A
ROICexc growth 3Y49.47%
ROICexc growth 5YN/A
OM growth 3Y25.17%
OM growth 5YN/A
PM growth 3Y34.31%
PM growth 5YN/A
GM growth 3Y7.78%
GM growth 5Y5.67%
F-Score8
Asset Turnover0.58
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.09 | ||
| Debt/EBITDA | 0.03 | ||
| Cap/Depr | 175.71% | ||
| Cap/Sales | 23.39% | ||
| Interest Coverage | 142.37 | ||
| Cash Conversion | 99.18% | ||
| Profit Quality | 86.11% | ||
| Current Ratio | 1.45 | ||
| Quick Ratio | 1.02 | ||
| Altman-Z | 6.56 |
F-Score8
WACC12.09%
ROIC/WACC1.66
Cap/Depr(3y)149%
Cap/Depr(5y)151.98%
Cap/Sales(3y)28.95%
Cap/Sales(5y)31.92%
Profit Quality(3y)80.47%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)184%
EPS 3Y52.55%
EPS 5YN/A
EPS Q2Q%102.38%
EPS Next Y114.98%
EPS Next 2Y46.6%
EPS Next 3Y25.62%
EPS Next 5Y4.75%
Revenue 1Y (TTM)46.31%
Revenue growth 3Y25.08%
Revenue growth 5Y30.51%
Sales Q2Q%52.68%
Revenue Next Year60.86%
Revenue Next 2Y24.4%
Revenue Next 3Y13.33%
Revenue Next 5YN/A
EBIT growth 1Y169.79%
EBIT growth 3Y56.56%
EBIT growth 5YN/A
EBIT Next Year166.49%
EBIT Next 3Y31.93%
EBIT Next 5Y-1.21%
FCF growth 1Y153.35%
FCF growth 3Y83.94%
FCF growth 5YN/A
OCF growth 1Y65.72%
OCF growth 3Y38.72%
OCF growth 5Y37.7%
OCEANAGOLD CORP / OGC.CA Fundamental Analysis FAQ
What is the ChartMill fundamental rating of OCEANAGOLD CORP (OGC.CA) stock?
ChartMill assigns a fundamental rating of 8 / 10 to OGC.CA.
What is the valuation status of OCEANAGOLD CORP (OGC.CA) stock?
ChartMill assigns a valuation rating of 9 / 10 to OCEANAGOLD CORP (OGC.CA). This can be considered as Undervalued.
How profitable is OCEANAGOLD CORP (OGC.CA) stock?
OCEANAGOLD CORP (OGC.CA) has a profitability rating of 9 / 10.
Can you provide the PE and PB ratios for OGC stock?
The Price/Earnings (PE) ratio for OCEANAGOLD CORP (OGC.CA) is 16.12 and the Price/Book (PB) ratio is 3.42.
Is the dividend of OCEANAGOLD CORP sustainable?
The dividend rating of OCEANAGOLD CORP (OGC.CA) is 3 / 10 and the dividend payout ratio is 4.41%.