OCEANAGOLD CORP (OGC.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:OGC - CA6752224007 - Common Stock
38.55 CAD
+0.33 (+0.86%)
Taking everything into account, OGC scores 8 out of 10 in our fundamental rating. OGC was compared to 801 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! 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.
The reported net income has been mixed in the past 5 years: OGC reported negative net income in multiple years.
In the past 5 years OGC always reported a positive cash flow from operatings.
1.2 Ratios
OGC has a Return On Assets of 13.98%. This is amongst the best in the industry. OGC outperforms 94.63% of its industry peers.
OGC's Return On Equity of 19.91% is amongst the best of the industry. OGC outperforms 95.26% of its industry peers.
Looking at the Return On Invested Capital, with a value of 18.31%, OGC belongs to the top of the industry, outperforming 97.63% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for OGC is significantly below the industry average of 12.94%.
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
With an excellent Profit Margin value of 24.17%, OGC belongs to the best of the industry, outperforming 94.76% 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 95.38% of its industry peers.
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 96.63% 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.
The number of shares outstanding for OGC has been reduced compared to 1 year ago.
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 6.18. 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 6.18, OGC is in line with its industry, outperforming 58.43% of the companies in the same industry.
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 96.38% 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 of 0.01. This is comparable to the rest of the industry: OGC outperforms 44.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.13 | ||
| Altman-Z | 6.18 |
ROIC/WACC1.99
WACC9.18%
2.3 Liquidity
OGC has a Current Ratio of 1.27. This is a normal value and indicates that OGC is financially healthy and should not expect problems in meeting 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.
The Quick ratio of OGC (0.87) is worse than 62.92% 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.
Measured over the past years, OGC shows a very strong growth in Earnings Per Share. The EPS has been growing by 37.97% on average per year.
OGC shows a strong growth in Revenue. In the last year, the Revenue has grown by 47.10%.
OGC shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 14.72% yearly.
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.
OGC is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 18.96% yearly.
EPS Next Y187.96%
EPS Next 2Y132.61%
EPS Next 3Y64.03%
EPS Next 5Y15.25%
Revenue Next Year39.73%
Revenue Next 2Y38.65%
Revenue Next 3Y18.96%
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.
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 16.47 indicates a correct valuation of OGC.
Based on the Price/Earnings ratio, OGC is valued cheaper than 93.51% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.43, OGC is valued a bit cheaper.
OGC is valuated cheaply with a Price/Forward Earnings ratio of 6.90.
Based on the Price/Forward Earnings ratio, OGC is valued cheaply inside the industry as 95.76% of the companies are valued more expensively.
OGC's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.66.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.47 | ||
| Fwd PE | 6.9 |
4.2 Price Multiples
OGC's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. OGC is cheaper than 96.38% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, OGC is valued cheaply inside the industry as 97.13% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.03 | ||
| EV/EBITDA | 7.05 |
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.
A more expensive valuation may be justified as OGC's earnings are expected to grow with 64.03% in the coming years.
PEG (NY)0.09
PEG (5Y)0.43
EPS Next 2Y132.61%
EPS Next 3Y64.03%
5. Dividend
5.1 Amount
OGC has a yearly dividend return of 0.07%, which is pretty low.
Compared to an average industry Dividend Yield of 0.69, OGC pays a better dividend. On top of this OGC pays more dividend than 94.38% of the companies listed in the same industry.
With a Dividend Yield of 0.07, OGC pays less dividend than the S&P500 average, which is at 1.87.
| 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
OGC pays out 6.95% of its income as dividend. This is a sustainable payout ratio.
DP6.95%
EPS Next 2Y132.61%
EPS Next 3Y64.03%
TSX:OGC (12/16/2025, 7:00:00 PM)
38.55
+0.33 (+0.86%)
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 Cap8.84B
Revenue(TTM)1.67B
Net Income(TTM)403.10M
Analysts80
Price Target41.59 (7.89%)
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)20.9%
PT rev (3m)53.14%
EPS NQ rev (1m)31.52%
EPS NQ rev (3m)30.95%
EPS NY rev (1m)8.18%
EPS NY rev (3m)8.61%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)4.68%
Revenue NY rev (3m)6.31%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.47 | ||
| Fwd PE | 6.9 | ||
| P/S | 3.85 | ||
| P/FCF | 15.03 | ||
| P/OCF | 7.37 | ||
| P/B | 3.17 | ||
| P/tB | 3.17 | ||
| EV/EBITDA | 7.05 |
EPS(TTM)2.34
EY6.07%
EPS(NY)5.58
Fwd EY14.49%
FCF(TTM)2.56
FCFY6.65%
OCF(TTM)5.23
OCFY13.58%
SpS10.01
BVpS12.15
TBVpS12.15
PEG (NY)0.09
PEG (5Y)0.43
Graham Number25.29
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 | 6.18 |
F-Score8
WACC9.18%
ROIC/WACC1.99
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 Y187.96%
EPS Next 2Y132.61%
EPS Next 3Y64.03%
EPS Next 5Y15.25%
Revenue 1Y (TTM)47.1%
Revenue growth 3Y20.22%
Revenue growth 5Y14.72%
Sales Q2Q%29.92%
Revenue Next Year39.73%
Revenue Next 2Y38.65%
Revenue Next 3Y18.96%
Revenue Next 5YN/A
EBIT growth 1Y302.96%
EBIT growth 3Y23.18%
EBIT growth 5Y43.56%
EBIT Next Year275.25%
EBIT Next 3Y74.65%
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 16.47 and the Price/Book (PB) ratio is 3.17.
What is the earnings growth outlook for OCEANAGOLD CORP?
The Earnings per Share (EPS) of OCEANAGOLD CORP (OGC.CA) is expected to grow by 187.96% in the next year.