OCEANAGOLD CORP (OGC.CA) Fundamental Analysis & Valuation
TSX:OGC • CA6752224007
Current stock price
47.23 CAD
+1.48 (+3.23%)
Last:
This OGC.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
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
- OGC has a Return On Assets of 19.31%. This is amongst the best in the industry. OGC outperforms 96.50% of its industry peers.
- OGC has a Return On Equity of 27.73%. This is amongst the best in the industry. OGC outperforms 96.75% of its industry peers.
- OGC has a Return On Invested Capital of 20.09%. This is amongst the best in the industry. OGC outperforms 97.50% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for OGC is in line with the industry average of 13.29%.
- The last Return On Invested Capital (20.09%) for OGC is above the 3 year average (12.02%), which is a sign of increasing profitability.
| 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
- Looking at the Profit Margin, with a value of 33.21%, OGC belongs to the top of the industry, outperforming 95.88% of the companies in the same industry.
- In the last couple of years the Profit Margin of OGC has grown nicely.
- OGC has a better Operating Margin (39.10%) than 95.38% 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 59.66%, OGC belongs to the best of the industry, outperforming 96.88% 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 just above the Cost of Capital (WACC), which means it is creating some value.
- Compared to 1 year ago, OGC has less shares outstanding
- 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 6.59. 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 6.59, OGC is in line with its industry, outperforming 56.43% 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.
- The Debt to FCF ratio of OGC (0.09) is better than 96.25% of its industry peers.
- A Debt/Equity ratio of 0.01 indicates that OGC is not too dependend on debt financing.
- With a Debt to Equity ratio value of 0.01, OGC perfoms like the industry average, outperforming 44.19% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.09 | ||
| Altman-Z | 6.59 |
ROIC/WACC1.64
WACC12.23%
2.3 Liquidity
- OGC has a Current Ratio of 1.45. This is a normal value and indicates that OGC is financially healthy and should not expect problems in meeting its short term obligations.
- With a Current ratio value of 1.45, OGC perfoms like the industry average, outperforming 43.70% 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 on the low side compared to the rest of the industry. OGC is outperformed by 60.67% of its industry peers.
- 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.
- Measured over the past years, OGC shows a very strong growth in Earnings Per Share. The EPS has been growing by 52.55% on average per year.
- Looking at the last year, OGC shows a very strong growth in Revenue. 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
- OGC is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.75% yearly.
- Based on estimates for the next years, OGC will show a quite strong growth in Revenue. The Revenue will grow by 13.33% on average per year.
EPS Next Y114.98%
EPS Next 2Y46.6%
EPS Next 3Y25.62%
EPS Next 5Y4.75%
Revenue Next Year60.92%
Revenue Next 2Y24.4%
Revenue Next 3Y13.33%
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 16.23, the valuation of OGC can be described as correct.
- Compared to the rest of the industry, the Price/Earnings ratio of OGC indicates a rather cheap valuation: OGC is cheaper than 94.01% of the companies listed in the same industry.
- The average S&P500 Price/Earnings ratio is at 27.95. OGC is valued slightly cheaper when compared to this.
- With a Price/Forward Earnings ratio of 7.54, the valuation of OGC can be described as very cheap.
- 95.63% of the companies in the same industry are more expensive than OGC, based on the Price/Forward Earnings ratio.
- OGC is valuated cheaply when we compare the Price/Forward Earnings ratio to 38.68, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.23 | ||
| Fwd PE | 7.54 |
4.2 Price Multiples
- OGC's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. OGC is cheaper than 96.13% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, OGC is valued cheaper than 97.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.39 | ||
| EV/EBITDA | 7.42 |
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.
- OGC's earnings are expected to grow with 25.62% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.14
PEG (5Y)N/A
EPS Next 2Y46.6%
EPS Next 3Y25.62%
5. OGC.CA Dividend Analysis
5.1 Amount
- With a yearly dividend of 0.06%, OGC is not a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 0.86, OGC pays a better dividend. On top of this OGC pays more dividend than 94.01% of the companies listed in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.81, OGC's dividend is way lower than the S&P500 average.
| 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
- 4.41% of the earnings are spent on dividend by OGC. This is a low number and sustainable payout ratio.
DP4.41%
EPS Next 2Y46.6%
EPS Next 3Y25.62%
OGC.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:OGC (4/17/2026, 7:00:00 PM)
47.23
+1.48 (+3.23%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)02-18 2026-02-18/amc
Earnings (Next)04-23 2026-04-23
Inst Owners54.8%
Inst Owner ChangeN/A
Ins Owners0.48%
Ins Owner ChangeN/A
Market Cap10.65B
Revenue(TTM)1.89B
Net Income(TTM)628.70M
Analysts80
Price Target66.9 (41.65%)
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)10.57%
PT rev (3m)47.09%
EPS NQ rev (1m)7.5%
EPS NQ rev (3m)18.55%
EPS NY rev (1m)6.74%
EPS NY rev (3m)7.29%
Revenue NQ rev (1m)5.13%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)8.49%
Revenue NY rev (3m)16.29%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.23 | ||
| Fwd PE | 7.54 | ||
| P/S | 4.12 | ||
| P/FCF | 14.39 | ||
| P/OCF | 7.92 | ||
| P/B | 3.44 | ||
| P/tB | 3.44 | ||
| EV/EBITDA | 7.42 |
EPS(TTM)2.91
EY6.16%
EPS(NY)6.26
Fwd EY13.26%
FCF(TTM)3.28
FCFY6.95%
OCF(TTM)5.97
OCFY12.63%
SpS11.48
BVpS13.74
TBVpS13.74
PEG (NY)0.14
PEG (5Y)N/A
Graham Number29.9971 (-36.49%)
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 | 6.59 |
F-Score8
WACC12.23%
ROIC/WACC1.64
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 Y114.98%
EPS Next 2Y46.6%
EPS Next 3Y25.62%
EPS Next 5Y4.75%
Revenue 1Y (TTM)46.31%
Revenue growth 3Y25.08%
Revenue growth 5Y30.51%
Sales Q2Q%52.68%
Revenue Next Year60.92%
Revenue Next 2Y24.4%
Revenue Next 3Y13.33%
Revenue Next 5YN/A
EBIT growth 1Y169.79%
EBIT growth 3Y56.56%
EBIT growth 5YN/A
EBIT Next Year166.49%
EBIT Next 3Y31.93%
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 Fundamental Analysis 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 of OCEANAGOLD CORP (OGC.CA) stock?
ChartMill assigns a valuation rating of 9 / 10 to OCEANAGOLD CORP (OGC.CA). This can be considered as Undervalued.
How profitable is OCEANAGOLD CORP (OGC.CA) stock?
OCEANAGOLD CORP (OGC.CA) has a profitability rating of 9 / 10.
Can you provide the PE and PB ratios for OGC stock?
The Price/Earnings (PE) ratio for OCEANAGOLD CORP (OGC.CA) is 16.23 and the Price/Book (PB) ratio is 3.44.
Is the dividend of OCEANAGOLD CORP sustainable?
The dividend rating of OCEANAGOLD CORP (OGC.CA) is 3 / 10 and the dividend payout ratio is 4.41%.