OCEANAGOLD CORP (OGC.CA) Fundamental Analysis & Valuation
TSX:OGC • CA6752224007
50.06 CAD
-0.71 (-1.4%)
Last: Mar 12, 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.
Taking everything into account, OGC scores 8 out of 10 in our fundamental rating. OGC was compared to 815 industry peers in the Metals & Mining industry. OGC has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. An interesting combination arises when we look at growth and value: OGC is growing strongly while it also seems undervalued. With these ratings, OGC could be worth investigating further for value and growth and quality investing!.
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.
- OGC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- With an excellent Return On Assets value of 19.31%, OGC belongs to the best of the industry, outperforming 95.83% of the companies in the same industry.
- OGC has a better Return On Equity (27.73%) than 96.32% of its industry peers.
- With an excellent Return On Invested Capital value of 20.09%, OGC belongs to the best of the industry, outperforming 97.67% 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 12.69%.
- 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's Profit Margin of 33.21% is amongst the best of the industry. OGC outperforms 96.20% of its industry peers.
- OGC's Profit Margin has improved in the last couple of years.
- OGC has a better Operating Margin (39.10%) than 95.95% of its industry peers.
- OGC's Operating Margin has improved in the last couple of years.
- Looking at the Gross Margin, with a value of 59.66%, OGC belongs to the top of the industry, outperforming 96.81% of the companies in the same industry.
- In the last couple of years the Gross Margin of OGC has grown nicely.
| 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.
- Compared to 5 years ago, OGC has less shares outstanding
- Compared to 1 year ago, OGC has an improved debt to assets ratio.
2.2 Solvency
- OGC has an Altman-Z score of 6.89. This indicates that OGC is financially healthy and has little risk of bankruptcy at the moment.
- With a Altman-Z score value of 6.89, OGC perfoms like the industry average, outperforming 58.04% of the companies in the same industry.
- 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 better Debt to FCF ratio (0.09) than 96.69% of its industry peers.
- A Debt/Equity ratio of 0.01 indicates that OGC is not too dependend on debt financing.
- OGC's Debt to Equity ratio of 0.01 is in line compared to the rest of the industry. OGC outperforms 45.40% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.09 | ||
| Altman-Z | 6.89 |
ROIC/WACC1.97
WACC10.19%
2.3 Liquidity
- A Current Ratio of 1.45 indicates that OGC should not have too much problems paying its short term obligations.
- Looking at the Current ratio, with a value of 1.45, OGC is in line with its industry, outperforming 46.26% of the companies in the same industry.
- A Quick Ratio of 1.02 indicates that OGC should not have too much problems paying its short term obligations.
- OGC's Quick ratio of 1.02 is in line compared to the rest of the industry. OGC outperforms 42.82% 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.
- The Earnings Per Share has been growing by 52.55% 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 46.31%.
- Measured over the past years, OGC shows a very strong growth in Revenue. The Revenue has been growing by 30.51% on average per year.
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
- OGC is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.75% yearly.
- The Revenue is expected to grow by 16.14% on average over the next years. This is quite good.
EPS Next Y101.4%
EPS Next 2Y37.59%
EPS Next 3Y28.99%
EPS Next 5Y4.75%
Revenue Next Year48.32%
Revenue Next 2Y19.44%
Revenue Next 3Y16.14%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- 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
- OGC is valuated rather expensively with a Price/Earnings ratio of 17.26.
- Based on the Price/Earnings ratio, OGC is valued cheaper than 93.13% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 25.71, OGC is valued a bit cheaper.
- Based on the Price/Forward Earnings ratio of 8.58, the valuation of OGC can be described as reasonable.
- Based on the Price/Forward Earnings ratio, OGC is valued cheaper than 94.85% of the companies in the same industry.
- OGC is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.82, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.26 | ||
| Fwd PE | 8.58 |
4.2 Price Multiples
- 96.07% of the companies in the same industry are more expensive than OGC, based on the Enterprise Value to EBITDA ratio.
- 97.67% of the companies in the same industry are more expensive than OGC, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.3 | ||
| EV/EBITDA | 7.92 |
4.3 Compensation for Growth
- OGC's 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.
- OGC's earnings are expected to grow with 28.99% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.17
PEG (5Y)N/A
EPS Next 2Y37.59%
EPS Next 3Y28.99%
5. OGC.CA Dividend Analysis
5.1 Amount
- With a yearly dividend of 0.06%, OGC is not a good candidate for dividend investing.
- OGC's Dividend Yield is rather good when compared to the industry average which is at 0.41. OGC pays more dividend than 94.36% of the companies in the same industry.
- With a Dividend Yield of 0.06, OGC pays less dividend than the S&P500 average, which is at 1.82.
| 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.
- 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
- OGC pays out 4.41% of its income as dividend. This is a sustainable payout ratio.
DP4.41%
EPS Next 2Y37.59%
EPS Next 3Y28.99%
OGC.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:OGC (3/12/2026, 7:00:00 PM)
50.06
-0.71 (-1.4%)
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 Owners53.69%
Inst Owner ChangeN/A
Ins Owners0.37%
Ins Owner ChangeN/A
Market Cap11.27B
Revenue(TTM)1.89B
Net Income(TTM)628.70M
Analysts80
Price Target60.5 (20.85%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.06% |
Yearly Dividend0.16
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)21.4%
PT rev (3m)45.49%
EPS NQ rev (1m)9.61%
EPS NQ rev (3m)18.48%
EPS NY rev (1m)0.51%
EPS NY rev (3m)5.71%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)7.19%
Revenue NY rev (3m)8.63%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.26 | ||
| Fwd PE | 8.58 | ||
| P/S | 4.38 | ||
| P/FCF | 15.3 | ||
| P/OCF | 8.42 | ||
| P/B | 3.65 | ||
| P/tB | 3.65 | ||
| EV/EBITDA | 7.92 |
EPS(TTM)2.9
EY5.79%
EPS(NY)5.84
Fwd EY11.66%
FCF(TTM)3.27
FCFY6.53%
OCF(TTM)5.95
OCFY11.88%
SpS11.44
BVpS13.7
TBVpS13.7
PEG (NY)0.17
PEG (5Y)N/A
Graham Number29.9
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 | 6.89 |
F-Score8
WACC10.19%
ROIC/WACC1.97
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 Y101.4%
EPS Next 2Y37.59%
EPS Next 3Y28.99%
EPS Next 5Y4.75%
Revenue 1Y (TTM)46.31%
Revenue growth 3Y25.08%
Revenue growth 5Y30.51%
Sales Q2Q%52.68%
Revenue Next Year48.32%
Revenue Next 2Y19.44%
Revenue Next 3Y16.14%
Revenue Next 5YN/A
EBIT growth 1Y169.79%
EBIT growth 3Y56.56%
EBIT growth 5YN/A
EBIT Next Year139.72%
EBIT Next 3Y34.85%
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 101.4% in the next year.