OCEANAGOLD CORP (OGC.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:OGC - CA6752224007 - Common Stock
35.06 CAD
-0.38 (-1.07%)
We assign a fundamental rating of 8 out of 10 to OGC. OGC was compared to 796 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 would make OGC suitable for value and growth and quality investing!
1. Profitability
1.1 Basic Checks
OGC had positive earnings in the past year.
In the past year OGC had a positive cash flow from operations.
In multiple years OGC reported negative net income over the last 5 years.
OGC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
OGC has a better Return On Assets (13.98%) than 94.85% of its industry peers.
Looking at the Return On Equity, with a value of 19.91%, OGC belongs to the top of the industry, outperforming 95.10% of the companies in the same industry.
The Return On Invested Capital of OGC (18.31%) is better than 97.86% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for OGC is below the industry average of 12.57%.
The last Return On Invested Capital (18.31%) for OGC is above the 3 year average (7.57%), which is a sign of increasing profitability.
| 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
Looking at the Profit Margin, with a value of 24.17%, OGC belongs to the top of the industry, outperforming 95.10% of the companies in the same industry.
OGC's Profit Margin has improved in the last couple of years.
OGC has a Operating Margin of 35.97%. This is amongst the best in the industry. OGC outperforms 95.48% of its industry peers.
In the last couple of years the Operating Margin of OGC has grown nicely.
OGC's Gross Margin of 58.79% is amongst the best of the industry. OGC outperforms 96.61% of its industry peers.
In the last couple of years the Gross Margin of OGC has grown nicely.
| 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.
OGC has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 5.69 indicates that OGC is not in any danger for bankruptcy at the moment.
OGC's Altman-Z score of 5.69 is in line compared to the rest of the industry. OGC outperforms 59.05% of its industry peers.
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.
OGC's Debt to FCF ratio of 0.13 is amongst the best of the industry. OGC outperforms 95.98% of its industry peers.
A Debt/Equity ratio of 0.01 indicates that OGC is not too dependend on debt financing.
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 | 5.69 |
ROIC/WACC2.13
WACC8.58%
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.
OGC has a Quick ratio of 0.87. This is in the lower half of the industry: OGC underperforms 62.31% 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 | 1.27 | ||
| 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 415.15%, which is quite impressive.
The Earnings Per Share has been growing by 72.78% 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 47.10%.
Measured over the past years, OGC shows a quite strong growth in Revenue. The Revenue has been growing by 14.72% on average per year.
EPS 1Y (TTM)415.15%
EPS 3Y76.52%
EPS 5Y72.78%
EPS Q2Q%54.17%
Revenue 1Y (TTM)47.1%
Revenue growth 3Y20.22%
Revenue growth 5Y14.72%
Sales Q2Q%29.92%
3.2 Future
Based on estimates for the next years, OGC will show a quite strong growth in Earnings Per Share. The EPS will grow by 13.41% on average per year.
Based on estimates for the next years, OGC will show a quite strong growth in Revenue. The Revenue will grow by 15.20% on average per year.
EPS Next Y159.28%
EPS Next 2Y106.21%
EPS Next 3Y46.49%
EPS Next 5Y13.41%
Revenue Next Year33.49%
Revenue Next 2Y29.83%
Revenue Next 3Y15.2%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 14.67 indicates a correct valuation of OGC.
Compared to the rest of the industry, the Price/Earnings ratio of OGC indicates a rather cheap valuation: OGC is cheaper than 94.10% of the companies listed in the same industry.
OGC's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.31.
Based on the Price/Forward Earnings ratio of 7.62, the valuation of OGC can be described as very cheap.
Based on the Price/Forward Earnings ratio, OGC is valued cheaper than 94.60% 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 36.59.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.67 | ||
| Fwd PE | 7.62 |
4.2 Price Multiples
96.23% 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 96.48% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.4 | ||
| EV/EBITDA | 6.25 |
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 46.49% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.09
PEG (5Y)0.2
EPS Next 2Y106.21%
EPS Next 3Y46.49%
5. Dividend
5.1 Amount
OGC has a yearly dividend return of 0.09%, which is pretty low.
Compared to an average industry Dividend Yield of 12.10, OGC pays a better dividend. On top of this OGC pays more dividend than 94.47% of the companies listed in the same industry.
With a Dividend Yield of 0.09, OGC pays less dividend than the S&P500 average, which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.09% |
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 6.95% of its income as dividend. This is a sustainable payout ratio.
DP6.95%
EPS Next 2Y106.21%
EPS Next 3Y46.49%
TSX:OGC (11/27/2025, 7:00:00 PM)
35.06
-0.38 (-1.07%)
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 Cap8.04B
Revenue(TTM)1.67B
Net Income(TTM)403.10M
Analysts80
Price Target40.65 (15.94%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.09% |
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)49.67%
PT rev (3m)51.38%
EPS NQ rev (1m)25.17%
EPS NQ rev (3m)30.95%
EPS NY rev (1m)1.19%
EPS NY rev (3m)0.4%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)1.39%
Revenue NY rev (3m)1.1%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.67 | ||
| Fwd PE | 7.62 | ||
| P/S | 3.43 | ||
| P/FCF | 13.4 | ||
| P/OCF | 6.56 | ||
| P/B | 2.83 | ||
| P/tB | 2.83 | ||
| EV/EBITDA | 6.25 |
EPS(TTM)2.39
EY6.82%
EPS(NY)4.6
Fwd EY13.12%
FCF(TTM)2.62
FCFY7.46%
OCF(TTM)5.34
OCFY15.23%
SpS10.22
BVpS12.4
TBVpS12.4
PEG (NY)0.09
PEG (5Y)0.2
Graham Number25.82
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 | 5.69 |
F-Score8
WACC8.58%
ROIC/WACC2.13
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)415.15%
EPS 3Y76.52%
EPS 5Y72.78%
EPS Q2Q%54.17%
EPS Next Y159.28%
EPS Next 2Y106.21%
EPS Next 3Y46.49%
EPS Next 5Y13.41%
Revenue 1Y (TTM)47.1%
Revenue growth 3Y20.22%
Revenue growth 5Y14.72%
Sales Q2Q%29.92%
Revenue Next Year33.49%
Revenue Next 2Y29.83%
Revenue Next 3Y15.2%
Revenue Next 5YN/A
EBIT growth 1Y302.96%
EBIT growth 3Y23.18%
EBIT growth 5Y43.56%
EBIT Next Year252.76%
EBIT Next 3Y60.62%
EBIT Next 5Y21%
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 14.67 and the Price/Book (PB) ratio is 2.83.
What is the earnings growth outlook for OCEANAGOLD CORP?
The Earnings per Share (EPS) of OCEANAGOLD CORP (OGC.CA) is expected to grow by 159.28% in the next year.