OCEANAGOLD CORP (OGC.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:OGC - CA6752224007 - Common Stock
31.94 CAD
+0.49 (+1.56%)
OGC gets a fundamental rating of 8 out of 10. The analysis compared the fundamentals against 800 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 is growing strongly while it also seems undervalued. This is an interesting combination These ratings could make OGC a good candidate for value and growth and quality investing.
1. Profitability
1.1 Basic Checks
In the past year OGC was profitable.
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.
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 13.98%, OGC belongs to the top of the industry, outperforming 94.99% of the companies in the same industry.
OGC has a better Return On Equity (19.91%) than 95.24% of its industry peers.
OGC's Return On Invested Capital of 18.31% is amongst the best of the industry. OGC outperforms 97.75% of its industry peers.
The Average Return On Invested Capital over the past 3 years for OGC is below the industry average of 12.43%.
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
OGC has a Profit Margin of 24.17%. This is amongst the best in the industry. OGC outperforms 95.37% of its industry peers.
In the last couple of years the Profit Margin of OGC has grown nicely.
Looking at the Operating Margin, with a value of 35.97%, OGC belongs to the top of the industry, outperforming 95.87% of the companies in the same industry.
OGC's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 58.79%, OGC belongs to the top of the industry, outperforming 96.75% of the companies in the same industry.
OGC's Gross Margin has improved in the last couple of years.
| 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.
OGC has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, OGC has less shares outstanding
OGC has a better debt/assets ratio than last year.
2.2 Solvency
OGC has an Altman-Z score of 5.28. 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 5.28, OGC is in line with its industry, outperforming 59.07% of the companies in the same industry.
OGC has a debt to FCF ratio of 0.13. This is a very positive value and a sign of high solvency as it would only need 0.13 years to pay back of all of its debts.
OGC has a better Debt to FCF ratio (0.13) than 96.37% 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 | 0.13 | ||
| Altman-Z | 5.28 |
ROIC/WACC2.11
WACC8.68%
2.3 Liquidity
A Current Ratio of 1.27 indicates that OGC should not have too much problems paying its short term obligations.
OGC's Current ratio of 1.27 is in line compared to the rest of the industry. OGC outperforms 42.55% of its industry peers.
A Quick Ratio of 0.87 indicates that OGC may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.87, OGC is doing worse than 62.58% of the companies in the same industry.
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 541.67%, 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 72.78% on average per year.
OGC shows a strong growth in Revenue. In the last year, 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)541.67%
EPS 3Y76.52%
EPS 5Y72.78%
EPS Q2Q%51.29%
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 13.41% yearly.
OGC is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 15.20% yearly.
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
OGC is valuated quite expensively with a Price/Earnings ratio of 29.57.
89.49% of the companies in the same industry are more expensive than OGC, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of OGC to the average of the S&P500 Index (25.45), we can say OGC is valued inline with the index average.
Based on the Price/Forward Earnings ratio of 6.94, the valuation of OGC can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of OGC indicates a rather cheap valuation: OGC is cheaper than 94.87% of the companies listed 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 34.46.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.57 | ||
| Fwd PE | 6.94 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, OGC is valued cheaper than 96.25% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, OGC is valued cheaply inside the industry as 97.12% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.19 | ||
| EV/EBITDA | 5.56 |
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.
A more expensive valuation may be justified as OGC's earnings are expected to grow with 46.49% in the coming years.
PEG (NY)0.19
PEG (5Y)0.41
EPS Next 2Y106.21%
EPS Next 3Y46.49%
5. Dividend
5.1 Amount
With a yearly dividend of 0.09%, 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 12.11. OGC pays more dividend than 94.49% of the companies in the same industry.
With a Dividend Yield of 0.09, OGC pays less dividend than the S&P500 average, which is at 2.42.
| 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.
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 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 (11/21/2025, 7:00:00 PM)
31.94
+0.49 (+1.56%)
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 Cap7.32B
Revenue(TTM)1.67B
Net Income(TTM)403.10M
Analysts80
Price Target40.65 (27.27%)
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)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
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)26.67%
PT rev (3m)40.52%
EPS NQ rev (1m)-4.83%
EPS NQ rev (3m)-1.15%
EPS NY rev (1m)1.19%
EPS NY rev (3m)381.34%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)1.39%
Revenue NY rev (3m)8.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.57 | ||
| Fwd PE | 6.94 | ||
| P/S | 3.12 | ||
| P/FCF | 12.19 | ||
| P/OCF | 5.97 | ||
| P/B | 2.57 | ||
| P/tB | 2.57 | ||
| EV/EBITDA | 5.56 |
EPS(TTM)1.08
EY3.38%
EPS(NY)4.6
Fwd EY14.42%
FCF(TTM)2.62
FCFY8.2%
OCF(TTM)5.35
OCFY16.75%
SpS10.23
BVpS12.42
TBVpS12.42
PEG (NY)0.19
PEG (5Y)0.41
Graham Number17.37
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 | 5.28 |
F-Score8
WACC8.68%
ROIC/WACC2.11
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)541.67%
EPS 3Y76.52%
EPS 5Y72.78%
EPS Q2Q%51.29%
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 29.57 and the Price/Book (PB) ratio is 2.57.
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.