OCEANAGOLD CORP (OGC.CA) Fundamental Analysis & Valuation
TSX:OGC • CA6752224007
51.22 CAD
-1.48 (-2.81%)
Last: Mar 5, 2026, 07:00 PM
This OGC.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
OGC gets a fundamental rating of 8 out of 10. The analysis compared the fundamentals against 816 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. An interesting combination arises when we look at growth and value: OGC is growing strongly while it also seems undervalued. This makes OGC very considerable for value and growth and quality investing!
1. OGC.CA Profitability Analysis
1.1 Basic Checks
- OGC had positive earnings in the past year.
- OGC had a positive operating cash flow in the past year.
- Of the past 5 years OGC 4 years were profitable.
- Each year in the past 5 years OGC had a positive operating cash flow.
1.2 Ratios
- Looking at the Return On Assets, with a value of 19.31%, OGC belongs to the top of the industry, outperforming 95.96% of the companies in the same industry.
- The Return On Equity of OGC (27.73%) is better than 96.32% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 20.09%, OGC belongs to the top of the industry, outperforming 97.79% of the companies in the same industry.
- 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 12.59%.
- 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
- With an excellent Profit Margin value of 33.21%, OGC belongs to the best of the industry, outperforming 96.45% of the companies in the same industry.
- OGC's Profit Margin has improved in the last couple of years.
- The Operating Margin of OGC (39.10%) is better than 96.08% of its industry peers.
- OGC's Operating Margin has improved in the last couple of years.
- The Gross Margin of OGC (59.66%) is better than 96.81% 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
- The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so OGC is creating value.
- The number of shares outstanding for OGC has been reduced compared to 1 year ago.
- 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
- An Altman-Z score of 7.00 indicates that OGC is not in any danger for bankruptcy at the moment.
- OGC has a Altman-Z score of 7.00. This is comparable to the rest of the industry: OGC outperforms 57.84% of its industry peers.
- The Debt to FCF ratio of OGC is 0.09, which is an excellent value as it means it would take OGC, only 0.09 years of fcf income to pay off all of its debts.
- The Debt to FCF ratio of OGC (0.09) is better than 96.57% 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.
- Looking at the Debt to Equity ratio, with a value of 0.01, OGC is in line with its industry, outperforming 45.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.09 | ||
| Altman-Z | 7 |
ROIC/WACC2
WACC10.05%
2.3 Liquidity
- A Current Ratio of 1.45 indicates that OGC should not have too much problems paying its short term obligations.
- OGC's Current ratio of 1.45 is in line compared to the rest of the industry. OGC outperforms 46.32% of its industry peers.
- A Quick Ratio of 1.02 indicates that OGC should not have too much problems paying its short term obligations.
- OGC has a Quick ratio (1.02) which is in line with 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.
- The Earnings Per Share has been growing by 52.55% on average over the past years. This is a very strong growth
- OGC shows a strong growth in Revenue. In the last year, the Revenue has grown by 46.31%.
- 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
- The Earnings Per Share is expected to decrease by -9.79% on average over the next years.
- Based on estimates for the next years, OGC will show a quite strong growth in Revenue. The Revenue will grow by 15.48% on average per year.
EPS Next Y100.38%
EPS Next 2Y31.75%
EPS Next 3Y10.04%
EPS Next 5Y-9.79%
Revenue Next Year42.22%
Revenue Next 2Y15.48%
Revenue Next 3YN/A
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.
- The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. OGC.CA Valuation Analysis
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 17.66, which indicates a rather expensive current valuation of OGC.
- Based on the Price/Earnings ratio, OGC is valued cheaply inside the industry as 93.26% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Earnings ratio of 26.69, OGC is valued a bit cheaper.
- OGC is valuated reasonably with a Price/Forward Earnings ratio of 8.81.
- 95.22% of the companies in the same industry are more expensive than OGC, based on the Price/Forward Earnings ratio.
- The average S&P500 Price/Forward Earnings ratio is at 24.79. OGC is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.66 | ||
| Fwd PE | 8.81 |
4.2 Price Multiples
- OGC's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. OGC is cheaper than 96.20% of the companies in the same industry.
- OGC's Price/Free Cash Flow ratio is rather cheap when compared to the industry. OGC is cheaper than 97.79% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.63 | ||
| EV/EBITDA | 8.1 |
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.
PEG (NY)0.18
PEG (5Y)N/A
EPS Next 2Y31.75%
EPS Next 3Y10.04%
5. OGC.CA Dividend Analysis
5.1 Amount
- OGC has a yearly dividend return of 0.05%, which is pretty low.
- Compared to an average industry Dividend Yield of 0.38, OGC pays a better dividend. On top of this OGC pays more dividend than 94.12% of the companies listed 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 | 0.05% |
5.2 History
- OGC has been paying a dividend for over 5 years, so it has already some track record.
- The dividend of OGC decreased in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years2
5.3 Sustainability
- 4.41% of the earnings are spent on dividend by OGC. This is a low number and sustainable payout ratio.
DP4.41%
EPS Next 2Y31.75%
EPS Next 3Y10.04%
OGC.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:OGC (3/5/2026, 7:00:00 PM)
51.22
-1.48 (-2.81%)
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 Owners50.04%
Inst Owner ChangeN/A
Ins Owners0.35%
Ins Owner ChangeN/A
Market Cap11.53B
Revenue(TTM)1.89B
Net Income(TTM)628.70M
Analysts81.33
Price Target60.5 (18.12%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.05% |
Yearly Dividend0.16
Dividend Growth(5Y)N/A
DP4.41%
Div Incr Years1
Div Non Decr Years2
Ex-DateN/A
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)33.03%
PT rev (3m)48.85%
EPS NQ rev (1m)13.12%
EPS NQ rev (3m)22.28%
EPS NY rev (1m)0%
EPS NY rev (3m)30.36%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)2.77%
Revenue NY rev (3m)18.78%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.66 | ||
| Fwd PE | 8.81 | ||
| P/S | 4.47 | ||
| P/FCF | 15.63 | ||
| P/OCF | 8.6 | ||
| P/B | 3.73 | ||
| P/tB | 3.73 | ||
| EV/EBITDA | 8.1 |
EPS(TTM)2.9
EY5.66%
EPS(NY)5.81
Fwd EY11.35%
FCF(TTM)3.28
FCFY6.4%
OCF(TTM)5.96
OCFY11.63%
SpS11.46
BVpS13.72
TBVpS13.72
PEG (NY)0.18
PEG (5Y)N/A
Graham Number29.92
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 | 7 |
F-Score8
WACC10.05%
ROIC/WACC2
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 Y100.38%
EPS Next 2Y31.75%
EPS Next 3Y10.04%
EPS Next 5Y-9.79%
Revenue 1Y (TTM)46.31%
Revenue growth 3Y25.08%
Revenue growth 5Y30.51%
Sales Q2Q%52.68%
Revenue Next Year42.22%
Revenue Next 2Y15.48%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y169.79%
EBIT growth 3Y56.56%
EBIT growth 5YN/A
EBIT Next Year148.6%
EBIT Next 3Y35.12%
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 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 9 / 10.
Can you provide the financial health for OGC stock?
The financial health rating of OCEANAGOLD CORP (OGC.CA) is 8 / 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 100.38% in the next year.