OCEANAGOLD CORP (OGC.CA) Fundamental Analysis & Valuation
TSX:OGC • CA6752224007
Current stock price
47.11 CAD
+0.45 (+0.96%)
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.
- In the past year OGC had a positive cash flow from operations.
- OGC had positive earnings in 4 of the past 5 years.
- Each year in the past 5 years OGC had a positive operating cash flow.
1.2 Ratios
- OGC's Return On Assets of 19.31% is amongst the best of the industry. OGC outperforms 96.37% of its industry peers.
- The Return On Equity of OGC (27.73%) is better than 96.12% of its industry peers.
- OGC has a Return On Invested Capital of 20.09%. This is amongst the best in the industry. OGC outperforms 97.74% of its industry peers.
- OGC had an Average Return On Invested Capital over the past 3 years of 12.02%. This is in line with the industry average of 12.74%.
- The 3 year average ROIC (12.02%) for OGC is below the current ROIC(20.09%), indicating increased profibility in the last year.
| 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
- The Profit Margin of OGC (33.21%) is better than 95.74% of its industry peers.
- In the last couple of years the Profit Margin of OGC has grown nicely.
- OGC has a Operating Margin of 39.10%. This is amongst the best in the industry. OGC outperforms 95.61% of its industry peers.
- OGC's Operating Margin has improved in the last couple of years.
- OGC's Gross Margin of 59.66% is amongst the best of the industry. OGC outperforms 96.87% of its industry peers.
- 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
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), OGC is creating some value.
- The number of shares outstanding for OGC has been reduced compared to 1 year ago.
- OGC has less shares outstanding than it did 5 years ago.
- OGC has a better debt/assets ratio than last year.
2.2 Solvency
- OGC has an Altman-Z score of 6.46. 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 6.46, OGC is in line with its industry, outperforming 57.52% of the companies in the same industry.
- The Debt to FCF ratio of OGC is 0.09, which is an excellent value as it means it would take OGC, only 0.09 years of fcf income to pay off all of its debts.
- The Debt to FCF ratio of OGC (0.09) is better than 96.74% 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 44.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.09 | ||
| Altman-Z | 6.46 |
ROIC/WACC1.67
WACC12.04%
2.3 Liquidity
- A Current Ratio of 1.45 indicates that OGC should not have too much problems paying its short term obligations.
- OGC has a Current ratio of 1.45. This is comparable to the rest of the industry: OGC outperforms 44.74% of its industry peers.
- OGC has a Quick Ratio of 1.02. This is a normal value and indicates that OGC is financially healthy and should not expect problems in meeting its short term obligations.
- OGC's Quick ratio of 1.02 is in line compared to the rest of the industry. OGC outperforms 40.35% 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
- The Earnings Per Share has grown by an impressive 184.00% over the past year.
- OGC shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 52.55% yearly.
- The Revenue has grown by 46.31% in the past year. This is a very strong growth!
- The Revenue has been growing by 30.51% on average over the past years. This is a very strong growth!
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 Y101.4%
EPS Next 2Y37.59%
EPS Next 3Y28.99%
EPS Next 5Y4.75%
Revenue Next Year60.86%
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.
- The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. OGC.CA Valuation Analysis
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 15.97, the valuation of OGC can be described as correct.
- Based on the Price/Earnings ratio, OGC is valued cheaper than 94.11% of the companies in the same industry.
- When comparing the Price/Earnings ratio of OGC to the average of the S&P500 Index (26.78), we can say OGC is valued slightly cheaper.
- OGC is valuated cheaply with a Price/Forward Earnings ratio of 7.93.
- OGC's Price/Forward Earnings ratio is rather cheap when compared to the industry. OGC is cheaper than 94.99% of the companies in the same industry.
- OGC is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.54, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.97 | ||
| Fwd PE | 7.93 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, OGC is valued cheaply inside the industry as 96.24% of the companies are valued more expensively.
- 97.62% of the companies in the same industry are more expensive than OGC, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.15 | ||
| EV/EBITDA | 7.22 |
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 28.99% in the coming years.
PEG (NY)0.16
PEG (5Y)N/A
EPS Next 2Y37.59%
EPS Next 3Y28.99%
5. OGC.CA Dividend Analysis
5.1 Amount
- With a yearly dividend of 0.06%, 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 0.90. OGC pays more dividend than 93.98% of the companies in the same industry.
- With a Dividend Yield of 0.06, OGC pays less dividend than the S&P500 average, which is at 1.83.
| 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.
- 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 4.41% of its income as dividend. This is a sustainable payout ratio.
DP4.41%
EPS Next 2Y37.59%
EPS Next 3Y28.99%
OGC.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:OGC (4/10/2026, 7:00:00 PM)
47.11
+0.45 (+0.96%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)02-18 2026-02-18/amc
Earnings (Next)05-05 2026-05-05
Inst Owners54.8%
Inst Owner ChangeN/A
Ins Owners0.48%
Ins Owner ChangeN/A
Market Cap10.63B
Revenue(TTM)1.89B
Net Income(TTM)628.70M
Analysts80
Price Target66.9 (42.01%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.06% |
Yearly Dividend0.17
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)6.74%
PT rev (3m)45.26%
EPS NQ rev (1m)1.85%
EPS NQ rev (3m)11.64%
EPS NY rev (1m)0%
EPS NY rev (3m)0.51%
Revenue NQ rev (1m)5.13%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)8.45%
Revenue NY rev (3m)16.25%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.97 | ||
| Fwd PE | 7.93 | ||
| P/S | 4.05 | ||
| P/FCF | 14.15 | ||
| P/OCF | 7.78 | ||
| P/B | 3.38 | ||
| P/tB | 3.38 | ||
| EV/EBITDA | 7.22 |
EPS(TTM)2.95
EY6.26%
EPS(NY)5.94
Fwd EY12.61%
FCF(TTM)3.33
FCFY7.07%
OCF(TTM)6.05
OCFY12.85%
SpS11.64
BVpS13.94
TBVpS13.94
PEG (NY)0.16
PEG (5Y)N/A
Graham Number30.42
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 | 6.46 |
F-Score8
WACC12.04%
ROIC/WACC1.67
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 Y101.4%
EPS Next 2Y37.59%
EPS Next 3Y28.99%
EPS Next 5Y4.75%
Revenue 1Y (TTM)46.31%
Revenue growth 3Y25.08%
Revenue growth 5Y30.51%
Sales Q2Q%52.68%
Revenue Next Year60.86%
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 Year139.72%
EBIT Next 3Y34.85%
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 15.97 and the Price/Book (PB) ratio is 3.38.
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%.