OCEANAGOLD CORP (OGC.CA) Stock Fundamental Analysis
Canada - TSX:OGC - CA6752224007 - Common Stock
33.79 CAD
-0.63 (-1.83%)
Overall OGC gets a fundamental rating of 7 out of 10. We evaluated OGC against 799 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. An interesting combination arises when we look at growth and value: OGC is growing strongly while it also seems undervalued. With these ratings, OGC could be worth investigating further 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.
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 Return On Equity of 19.91%. This is amongst the best in the industry. OGC outperforms 95.24% of its industry peers.
OGC has a better Return On Invested Capital (18.31%) than 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 better Profit Margin (24.17%) than 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.
In the last couple of years the Operating Margin of OGC has grown nicely.
The Gross Margin of OGC (58.79%) is better than 96.75% of its industry peers.
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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), OGC is creating 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 5.55. This indicates that OGC is financially healthy and has little risk of bankruptcy at the moment.
OGC has a Altman-Z score of 5.55. This is comparable to the rest of the industry: OGC outperforms 59.82% of its industry peers.
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's Debt to Equity ratio of 0.01 is in line compared to the rest of the industry. OGC outperforms 45.18% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.13 | ||
| Altman-Z | 5.55 |
ROIC/WACC2.11
WACC8.69%
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 of 1.27. This is comparable to the rest of the industry: OGC outperforms 42.55% of its industry peers.
OGC has a Quick Ratio of 1.27. This is a bad value and indicates that OGC is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of OGC (0.87) is worse than 62.58% of its industry peers.
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.
The Earnings Per Share has been growing by 72.78% on average over the past years. This is a very strong growth
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.
The Revenue is expected to grow by 15.20% on average over the next years. This is quite good.
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.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 31.29, OGC can be considered very expensive at the moment.
Based on the Price/Earnings ratio, OGC is valued cheaper than 89.36% of the companies in the same industry.
When comparing the Price/Earnings ratio of OGC to the average of the S&P500 Index (25.56), we can say OGC is valued slightly more expensively.
Based on the Price/Forward Earnings ratio of 7.35, the valuation of OGC can be described as very cheap.
Based on the Price/Forward Earnings ratio, OGC is valued cheaply inside the industry as 94.62% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.62, OGC is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.29 | ||
| Fwd PE | 7.35 |
4.2 Price Multiples
96.25% of the companies in the same industry are more expensive than OGC, based on the Enterprise Value to EBITDA ratio.
OGC's Price/Free Cash Flow ratio is rather cheap when compared to the industry. OGC is cheaper than 97.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.92 | ||
| EV/EBITDA | 6.02 |
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.
The excellent profitability rating of OGC may justify a higher PE ratio.
OGC's earnings are expected to grow with 46.49% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.2
PEG (5Y)0.43
EPS Next 2Y106.21%
EPS Next 3Y46.49%
5. Dividend
5.1 Amount
OGC has a yearly dividend return of 0.08%, which is pretty low.
Compared to an average industry Dividend Yield of 12.80, OGC pays a better dividend. On top of this OGC pays more dividend than 94.49% of the companies listed in the same industry.
With a Dividend Yield of 0.08, OGC pays less dividend than the S&P500 average, which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.08% |
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 (11/17/2025, 7:00:00 PM)
33.79
-0.63 (-1.83%)
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 Cap7.75B
Revenue(TTM)1.67B
Net Income(TTM)403.10M
Analysts80
Price Target34.4 (1.81%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.08% |
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 | 31.29 | ||
| Fwd PE | 7.35 | ||
| P/S | 3.31 | ||
| P/FCF | 12.92 | ||
| P/OCF | 6.33 | ||
| P/B | 2.73 | ||
| P/tB | 2.73 | ||
| EV/EBITDA | 6.02 |
EPS(TTM)1.08
EY3.2%
EPS(NY)4.6
Fwd EY13.6%
FCF(TTM)2.61
FCFY7.74%
OCF(TTM)5.34
OCFY15.79%
SpS10.21
BVpS12.39
TBVpS12.39
PEG (NY)0.2
PEG (5Y)0.43
Graham Number17.35
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 | 5.55 |
F-Score8
WACC8.69%
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 7 / 10 to OGC.CA.
What is the valuation status for OGC stock?
ChartMill assigns a valuation rating of 8 / 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 31.29 and the Price/Book (PB) ratio is 2.73.
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.