OCEANAGOLD CORP (OGC.CA) Fundamental Analysis & Valuation
TSX:OGC • CA6752224007
50.92 CAD
-1.19 (-2.28%)
Last: Mar 9, 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 815 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 has both an excellent growth and valuation score. This means it is growing and it is still cheap. This is a rare combination! These ratings could make OGC a good candidate for value and growth and quality investing.
1. OGC.CA Profitability Analysis
1.1 Basic Checks
- In the past year OGC was profitable.
- In the past year OGC had a positive cash flow from operations.
- Of the past 5 years OGC 4 years were profitable.
- OGC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- Looking at the Return On Assets, with a value of 19.31%, OGC belongs to the top of the industry, outperforming 95.83% 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 97.67% 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 has a Profit Margin of 33.21%. This is amongst the best in the industry. OGC outperforms 96.20% of its industry peers.
- OGC's Profit Margin has improved in the last couple of years.
- Looking at the Operating Margin, with a value of 39.10%, OGC belongs to the top of the industry, outperforming 95.95% of the companies in the same industry.
- In the last couple of years the Operating Margin of OGC has grown nicely.
- With an excellent Gross Margin value of 59.66%, OGC belongs to the best 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
- OGC has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
- OGC has less shares outstanding than it did 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 6.99 indicates that OGC is not in any danger for bankruptcy at the moment.
- OGC has a Altman-Z score (6.99) which is comparable to the rest of the industry.
- 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.
- OGC's Debt to FCF ratio of 0.09 is amongst the best of the industry. OGC outperforms 96.69% 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 | 6.99 |
ROIC/WACC1.98
WACC10.17%
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.
- 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.
- Looking at the Quick ratio, with a value of 1.02, OGC is in line with its industry, outperforming 42.82% of the companies in the same industry.
- The current and quick ratio evaluation for OGC is rather negative, while it does have 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
- OGC shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 184.00%, which is quite impressive.
- 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%.
- The Revenue has been growing by 30.51% on average over the past years. This is a very strong growth!
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.
- OGC is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 16.14% yearly.
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.
- 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 17.62, the valuation of OGC can be described as rather expensive.
- Based on the Price/Earnings ratio, OGC is valued cheaper than 93.01% of the companies in the same industry.
- OGC is valuated rather cheaply when we compare the Price/Earnings ratio to 26.45, which is the current average of the S&P500 Index.
- With a Price/Forward Earnings ratio of 8.75, the valuation of OGC can be described as very reasonable.
- Based on the Price/Forward Earnings ratio, OGC is valued cheaply inside the industry as 94.72% of the companies are valued more expensively.
- OGC is valuated cheaply when we compare the Price/Forward Earnings ratio to 24.65, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.62 | ||
| Fwd PE | 8.75 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, OGC is valued cheaper than 96.07% of the companies in the same industry.
- 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 | 15.6 | ||
| EV/EBITDA | 8.08 |
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.
- 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
- 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 0.41. 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.
- 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
- 4.41% of the earnings are spent on dividend by OGC. This is a low number and sustainable payout ratio.
DP4.41%
EPS Next 2Y37.59%
EPS Next 3Y28.99%
OGC.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:OGC (3/9/2026, 7:00:00 PM)
50.92
-1.19 (-2.28%)
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 Cap11.46B
Revenue(TTM)1.89B
Net Income(TTM)628.70M
Analysts80
Price Target60.5 (18.81%)
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 | 17.62 | ||
| Fwd PE | 8.75 | ||
| P/S | 4.46 | ||
| P/FCF | 15.6 | ||
| P/OCF | 8.58 | ||
| P/B | 3.73 | ||
| P/tB | 3.73 | ||
| EV/EBITDA | 8.08 |
EPS(TTM)2.89
EY5.68%
EPS(NY)5.82
Fwd EY11.43%
FCF(TTM)3.26
FCFY6.41%
OCF(TTM)5.93
OCFY11.65%
SpS11.41
BVpS13.67
TBVpS13.67
PEG (NY)0.17
PEG (5Y)N/A
Graham Number29.81
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 | 6.99 |
F-Score8
WACC10.17%
ROIC/WACC1.98
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.