OCEANAGOLD CORP (OGC.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:OGC - CA6752224007 - Common Stock
39.53 CAD
-0.38 (-0.95%)
We assign a fundamental rating of 8 out of 10 to OGC. OGC was compared to 804 industry peers in the Metals & Mining industry. OGC gets an excellent profitability rating and is at the same time showing great financial health properties. OGC has both an excellent growth and valuation score. This means it is growing and it is still cheap. This is a rare combination! This makes OGC very considerable 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.
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
Looking at the Return On Assets, with a value of 13.98%, OGC belongs to the top of the industry, outperforming 94.65% of the companies in the same industry.
Looking at the Return On Equity, with a value of 19.91%, OGC belongs to the top of the industry, outperforming 95.40% of the companies in the same industry.
The Return On Invested Capital of OGC (18.31%) is better than 97.64% of its industry peers.
OGC had an Average Return On Invested Capital over the past 3 years of 7.57%. This is significantly below the industry average of 12.96%.
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
Looking at the Profit Margin, with a value of 24.17%, OGC belongs to the top of the industry, outperforming 94.78% of the companies in the same industry.
OGC's Profit Margin has improved in the last couple of years.
OGC's Operating Margin of 35.97% is amongst the best of the industry. OGC outperforms 95.52% 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 96.77% 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 | 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
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so OGC 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
OGC has an Altman-Z score of 6.32. This indicates that OGC is financially healthy and has little risk of bankruptcy at the moment.
OGC has a Altman-Z score of 6.32. This is comparable to the rest of the industry: OGC outperforms 57.96% 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 has a better Debt to FCF ratio (0.13) than 96.14% 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.
The Debt to Equity ratio of OGC (0.01) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.13 | ||
| Altman-Z | 6.32 |
ROIC/WACC1.96
WACC9.36%
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 in line with its industry peers.
A Quick Ratio of 0.87 indicates that OGC may have some problems paying its short term obligations.
OGC has a worse Quick ratio (0.87) than 63.43% 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 | 1.27 | ||
| 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.
OGC shows a strong growth in Revenue. In the last year, the Revenue has grown by 47.10%.
The Revenue has been growing by 14.72% on average over the past years. This is quite good.
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 very strong growth in Revenue. The Revenue will grow by 21.47% on average per year.
EPS Next Y196.52%
EPS Next 2Y138.55%
EPS Next 3Y70.19%
EPS Next 5Y15.25%
Revenue Next Year40.87%
Revenue Next 2Y39.58%
Revenue Next 3Y21.47%
Revenue Next 5YN/A
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of 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
A Price/Earnings ratio of 16.97 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 93.91% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 26.92. OGC is valued slightly cheaper when compared to this.
Based on the Price/Forward Earnings ratio of 6.77, the valuation of OGC can be described as very cheap.
96.02% of the companies in the same industry are more expensive than OGC, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.46, OGC is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.97 | ||
| Fwd PE | 6.77 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of OGC indicates a rather cheap valuation: OGC is cheaper than 96.52% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of OGC indicates a rather cheap valuation: OGC is cheaper than 97.14% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.51 | ||
| EV/EBITDA | 7.28 |
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.
OGC has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as OGC's earnings are expected to grow with 70.19% in the coming years.
PEG (NY)0.09
PEG (5Y)0.45
EPS Next 2Y138.55%
EPS Next 3Y70.19%
5. Dividend
5.1 Amount
With a yearly dividend of 0.07%, 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 0.66. OGC pays more dividend than 94.40% of the companies in the same industry.
With a Dividend Yield of 0.07, OGC pays less dividend than the S&P500 average, which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.07% |
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
6.95% of the earnings are spent on dividend by OGC. This is a low number and sustainable payout ratio.
DP6.95%
EPS Next 2Y138.55%
EPS Next 3Y70.19%
TSX:OGC (12/24/2025, 7:00:00 PM)
39.53
-0.38 (-0.95%)
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 Cap9.07B
Revenue(TTM)1.67B
Net Income(TTM)403.10M
Analysts80
Price Target44.46 (12.47%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.07% |
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)9.39%
PT rev (3m)63.72%
EPS NQ rev (1m)2.53%
EPS NQ rev (3m)34.27%
EPS NY rev (1m)11.39%
EPS NY rev (3m)12.72%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)5.53%
Revenue NY rev (3m)7.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.97 | ||
| Fwd PE | 6.77 | ||
| P/S | 3.97 | ||
| P/FCF | 15.51 | ||
| P/OCF | 7.6 | ||
| P/B | 3.27 | ||
| P/tB | 3.27 | ||
| EV/EBITDA | 7.28 |
EPS(TTM)2.33
EY5.89%
EPS(NY)5.84
Fwd EY14.77%
FCF(TTM)2.55
FCFY6.45%
OCF(TTM)5.2
OCFY13.16%
SpS9.95
BVpS12.08
TBVpS12.08
PEG (NY)0.09
PEG (5Y)0.45
Graham Number25.17
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 | 6.32 |
F-Score8
WACC9.36%
ROIC/WACC1.96
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 Y196.52%
EPS Next 2Y138.55%
EPS Next 3Y70.19%
EPS Next 5Y15.25%
Revenue 1Y (TTM)47.1%
Revenue growth 3Y20.22%
Revenue growth 5Y14.72%
Sales Q2Q%29.92%
Revenue Next Year40.87%
Revenue Next 2Y39.58%
Revenue Next 3Y21.47%
Revenue Next 5YN/A
EBIT growth 1Y302.96%
EBIT growth 3Y23.18%
EBIT growth 5Y43.56%
EBIT Next Year281.18%
EBIT Next 3Y79.15%
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 16.97 and the Price/Book (PB) ratio is 3.27.
What is the earnings growth outlook for OCEANAGOLD CORP?
The Earnings per Share (EPS) of OCEANAGOLD CORP (OGC.CA) is expected to grow by 196.52% in the next year.