OCEANAGOLD CORP (OGC.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:OGC - CA6752224007 - Common Stock
35.55 CAD
+0.06 (+0.17%)
OGC gets a fundamental rating of 8 out of 10. The analysis compared the fundamentals against 803 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 growing strongly while it also seems undervalued. This is an interesting combination With these ratings, OGC could be worth investigating further for value and growth and quality investing!.
1. Profitability
1.1 Basic Checks
In the past year OGC was profitable.
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.
Each year in the past 5 years OGC had a positive operating cash flow.
1.2 Ratios
OGC has a better Return On Assets (13.98%) than 94.48% of its industry peers.
OGC has a Return On Equity of 19.91%. This is amongst the best in the industry. OGC outperforms 94.86% of its industry peers.
OGC has a Return On Invested Capital of 18.31%. This is amongst the best in the industry. OGC outperforms 97.87% of its industry peers.
The Average Return On Invested Capital over the past 3 years for OGC is significantly below the industry average of 12.71%.
The 3 year average ROIC (7.57%) for OGC is below the current ROIC(18.31%), indicating increased profibility in the last year.
| Industry Rank | Sector 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
1.3 Margins
OGC has a better Profit Margin (24.17%) than 94.98% of its industry peers.
OGC's Profit Margin has improved in the last couple of years.
OGC has a better Operating Margin (35.97%) than 95.36% of its industry peers.
In the last couple of years the Operating Margin of OGC has grown nicely.
With an excellent Gross Margin value of 58.79%, OGC belongs to the best of the industry, outperforming 96.61% of the companies in the same industry.
OGC's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector 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%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), OGC is creating 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 5.78. 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 5.78, OGC is in line with its industry, outperforming 58.34% 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.
With an excellent Debt to FCF ratio value of 0.13, OGC belongs to the best of the industry, outperforming 96.11% of the companies in the same industry.
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 | 0.13 | ||
| Altman-Z | 5.78 |
ROIC/WACC2.06
WACC8.9%
2.3 Liquidity
A Current Ratio of 1.27 indicates that OGC should not have too much problems paying its short term obligations.
OGC has a Current ratio (1.27) which is comparable to the rest of the industry.
A Quick Ratio of 0.87 indicates that OGC may have some problems paying its short term obligations.
With a Quick ratio value of 0.87, OGC is not doing good in the industry: 62.61% of the companies in the same industry are doing better.
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 | 1.27 | ||
| Quick Ratio | 0.87 |
3. Growth
3.1 Past
OGC shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 529.63%, which is quite impressive.
OGC shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 37.97% yearly.
The Revenue has grown by 47.10% in the past year. This is a very strong growth!
OGC shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 14.72% yearly.
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
OGC is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 15.25% yearly.
Based on estimates for the next years, OGC will show a quite strong growth in Revenue. The Revenue will grow by 18.96% on average per year.
EPS Next Y187.96%
EPS Next 2Y132.61%
EPS Next 3Y64.03%
EPS Next 5Y15.25%
Revenue Next Year39.73%
Revenue Next 2Y38.65%
Revenue Next 3Y18.96%
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 15.00, OGC is valued correctly.
Based on the Price/Earnings ratio, OGC is valued cheaply inside the industry as 94.10% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 26.49, OGC is valued a bit cheaper.
The Price/Forward Earnings ratio is 6.29, which indicates a rather cheap valuation of OGC.
Based on the Price/Forward Earnings ratio, OGC is valued cheaper than 96.11% of the companies in the same industry.
OGC's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.69.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15 | ||
| Fwd PE | 6.29 |
4.2 Price Multiples
96.74% of the companies in the same industry are more expensive than OGC, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, OGC is valued cheaper than 97.24% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.69 | ||
| EV/EBITDA | 6.39 |
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 64.03% in the coming years.
PEG (NY)0.08
PEG (5Y)0.4
EPS Next 2Y132.61%
EPS Next 3Y64.03%
5. Dividend
5.1 Amount
With a yearly dividend of 0.08%, OGC is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 10.79, OGC pays a better dividend. On top of this OGC pays more dividend than 94.35% of the companies listed in the same industry.
With a Dividend Yield of 0.08, OGC pays less dividend than the S&P500 average, which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.08% |
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
6.95% of the earnings are spent on dividend by OGC. This is a low number and sustainable payout ratio.
DP6.95%
EPS Next 2Y132.61%
EPS Next 3Y64.03%
TSX:OGC (12/5/2025, 7:00:00 PM)
35.55
+0.06 (+0.17%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners50.32%
Inst Owner ChangeN/A
Ins Owners0.35%
Ins Owner ChangeN/A
Market Cap8.15B
Revenue(TTM)1.67B
Net Income(TTM)403.10M
Analysts80
Price Target41.59 (16.99%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.08% |
Yearly Dividend0.08
Dividend Growth(5Y)N/A
DP6.95%
Div Incr Years1
Div Non Decr Years2
Ex-Date
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)20.9%
PT rev (3m)53.14%
EPS NQ rev (1m)31.52%
EPS NQ rev (3m)30.95%
EPS NY rev (1m)8.18%
EPS NY rev (3m)8.61%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)4.68%
Revenue NY rev (3m)5.82%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15 | ||
| Fwd PE | 6.29 | ||
| P/S | 3.51 | ||
| P/FCF | 13.69 | ||
| P/OCF | 6.71 | ||
| P/B | 2.89 | ||
| P/tB | 2.89 | ||
| EV/EBITDA | 6.39 |
EPS(TTM)2.37
EY6.67%
EPS(NY)5.66
Fwd EY15.91%
FCF(TTM)2.6
FCFY7.3%
OCF(TTM)5.3
OCFY14.91%
SpS10.14
BVpS12.31
TBVpS12.31
PEG (NY)0.08
PEG (5Y)0.4
Graham Number25.62
Profitability
| Industry Rank | Sector 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 Rank | Sector 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 | 5.78 |
F-Score8
WACC8.9%
ROIC/WACC2.06
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 Y187.96%
EPS Next 2Y132.61%
EPS Next 3Y64.03%
EPS Next 5Y15.25%
Revenue 1Y (TTM)47.1%
Revenue growth 3Y20.22%
Revenue growth 5Y14.72%
Sales Q2Q%29.92%
Revenue Next Year39.73%
Revenue Next 2Y38.65%
Revenue Next 3Y18.96%
Revenue Next 5YN/A
EBIT growth 1Y302.96%
EBIT growth 3Y23.18%
EBIT growth 5Y43.56%
EBIT Next Year275.25%
EBIT Next 3Y74.65%
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.
What is the valuation status for OGC stock?
ChartMill assigns a valuation rating of 9 / 10 to OCEANAGOLD CORP (OGC.CA). This can be considered as Undervalued.
What is the profitability of OGC stock?
OCEANAGOLD CORP (OGC.CA) has a profitability rating of 8 / 10.
What are the PE and PB ratios of OCEANAGOLD CORP (OGC.CA) stock?
The Price/Earnings (PE) ratio for OCEANAGOLD CORP (OGC.CA) is 15 and the Price/Book (PB) ratio is 2.89.
What is the earnings growth outlook for OCEANAGOLD CORP?
The Earnings per Share (EPS) of OCEANAGOLD CORP (OGC.CA) is expected to grow by 187.96% in the next year.