OCEANAGOLD CORP (OGC.CA) Stock Fundamental Analysis
TSX:OGC - Toronto Stock Exchange - CA6752221037 - Common Stock - Currency: CAD
Taking everything into account, OGC scores 7 out of 10 in our fundamental rating. OGC was compared to 805 industry peers in the Metals & Mining industry. OGC scores excellent points on both the profitability and health parts. This is a solid base for a good stock. OGC has a decent growth rate and is not valued too expensively. This makes OGC very considerable for quality investing!
1. Profitability
1.1 Basic Checks
OGC had positive earnings in the past year.
OGC had a positive operating cash flow in the past year.
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
With an excellent Return On Assets value of 11.30%, OGC belongs to the best of the industry, outperforming 94.04% of the companies in the same industry.
With an excellent Return On Equity value of 15.35%, OGC belongs to the best of the industry, outperforming 93.29% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 13.10%, OGC belongs to the top of the industry, outperforming 96.77% of the companies in the same industry.
OGC had an Average Return On Invested Capital over the past 3 years of 7.57%. This is below the industry average of 12.37%.
The 3 year average ROIC (7.57%) for OGC is below the current ROIC(13.10%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.3% | ||
| ROE | 15.35% | ||
| ROIC | 13.1% |
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 21.13%. This is amongst the best in the industry. OGC outperforms 95.78% of its industry peers.
In the last couple of years the Profit Margin of OGC has grown nicely.
With an excellent Operating Margin value of 28.94%, OGC belongs to the best of the industry, outperforming 94.29% of the companies in the same industry.
OGC's Operating Margin has improved in the last couple of years.
OGC has a Gross Margin of 57.89%. This is amongst the best in the industry. OGC outperforms 96.89% of its industry peers.
OGC's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 28.94% | ||
| PM (TTM) | 21.13% | ||
| GM | 57.89% |
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 just above the Cost of Capital (WACC), so OGC is still creating some value.
OGC has less shares outstanding than it did 1 year ago.
The number of shares outstanding for OGC has been reduced compared to 5 years ago.
Compared to 1 year ago, OGC has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 4.35 indicates that OGC is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 4.35, OGC is in the better half of the industry, outperforming 63.85% of the companies in the same industry.
The Debt to FCF ratio of OGC is 0.22, which is an excellent value as it means it would take OGC, only 0.22 years of fcf income to pay off all of its debts.
OGC's Debt to FCF ratio of 0.22 is amongst the best of the industry. OGC outperforms 96.77% of its industry peers.
A Debt/Equity ratio of 0.02 indicates that OGC is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.02, OGC is in line with its industry, outperforming 46.58% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.22 | ||
| Altman-Z | 4.35 |
ROIC/WACC1.49
WACC8.82%
2.3 Liquidity
OGC has a Current Ratio of 1.48. 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 Current ratio of 1.48 is in line compared to the rest of the industry. OGC outperforms 49.94% of its industry peers.
OGC has a Quick Ratio of 1.48. This is a bad value and indicates that OGC is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.81, OGC is doing worse than 60.00% of the companies in the same industry.
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 | 1.48 | ||
| Quick Ratio | 0.81 |
3. Growth
3.1 Past
OGC shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 1500.00%, which is quite impressive.
OGC shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 60.35% yearly.
The Revenue has grown by 31.43% in the past year. This is a very strong growth!
The Revenue has been growing by 14.72% on average over the past years. This is quite good.
EPS 1Y (TTM)1500%
EPS 3Y55.85%
EPS 5Y60.35%
EPS Q2Q%4300%
Revenue 1Y (TTM)31.43%
Revenue growth 3Y20.22%
Revenue growth 5Y14.72%
Sales Q2Q%33.15%
3.2 Future
OGC is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 0.57% yearly.
The Revenue is expected to grow by 7.84% on average over the next years.
EPS Next Y-21.74%
EPS Next 2Y2.78%
EPS Next 3Y-4.18%
EPS Next 5Y0.57%
Revenue Next Year19.71%
Revenue Next 2Y18.72%
Revenue Next 3Y7.84%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 14.60, which indicates a correct valuation of OGC.
92.30% of the companies in the same industry are more expensive than OGC, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 27.52, OGC is valued a bit cheaper.
Based on the Price/Forward Earnings ratio of 25.12, the valuation of OGC can be described as expensive.
OGC's Price/Forward Earnings ratio is rather cheap when compared to the industry. OGC is cheaper than 87.58% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 35.58. OGC is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.6 | ||
| Fwd PE | 25.12 |
4.2 Price Multiples
96.40% 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 96.02% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.61 | ||
| EV/EBITDA | 4.4 |
4.3 Compensation for Growth
OGC has an outstanding profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as OGC's earnings are expected to decrease with -4.18% in the coming years.
PEG (NY)N/A
PEG (5Y)0.24
EPS Next 2Y2.78%
EPS Next 3Y-4.18%
5. Dividend
5.1 Amount
With a yearly dividend of 0.15%, 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 14.98. OGC pays more dividend than 94.41% of the companies in the same industry.
With a Dividend Yield of 0.15, OGC pays less dividend than the S&P500 average, which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.15% |
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 4.82% of its income as dividend. This is a sustainable payout ratio.
DP4.82%
EPS Next 2Y2.78%
EPS Next 3Y-4.18%
TSX:OGC (7/14/2025, 7:00:00 PM)
19.27
-0.26 (-1.33%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners53.97%
Inst Owner ChangeN/A
Ins Owners0.34%
Ins Owner ChangeN/A
Market Cap4.45B
Analysts80
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.15% |
Yearly Dividend0.08
Dividend Growth(5Y)N/A
DP4.82%
Div Incr Years1
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)37.39%
Min EPS beat(2)-0.69%
Max EPS beat(2)75.46%
EPS beat(4)1
Avg EPS beat(4)11.88%
Min EPS beat(4)-25.04%
Max EPS beat(4)75.46%
EPS beat(8)2
Avg EPS beat(8)-43.52%
EPS beat(12)5
Avg EPS beat(12)-23.49%
EPS beat(16)8
Avg EPS beat(16)-8.01%
Revenue beat(2)1
Avg Revenue beat(2)1.08%
Min Revenue beat(2)-1.62%
Max Revenue beat(2)3.78%
Revenue beat(4)1
Avg Revenue beat(4)-4.29%
Min Revenue beat(4)-10.53%
Max Revenue beat(4)3.78%
Revenue beat(8)3
Avg Revenue beat(8)-1.3%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)3.82%
PT rev (3m)16.74%
EPS NQ rev (1m)196.53%
EPS NQ rev (3m)367.95%
EPS NY rev (1m)0%
EPS NY rev (3m)15.54%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)5.93%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.6 | ||
| Fwd PE | 25.12 | ||
| P/S | 2.35 | ||
| P/FCF | 11.61 | ||
| P/OCF | 4.7 | ||
| P/B | 1.7 | ||
| P/tB | 1.7 | ||
| EV/EBITDA | 4.4 |
EPS(TTM)1.32
EY6.85%
EPS(NY)0.77
Fwd EY3.98%
FCF(TTM)1.66
FCFY8.61%
OCF(TTM)4.1
OCFY21.26%
SpS8.21
BVpS11.31
TBVpS11.31
PEG (NY)N/A
PEG (5Y)0.24
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.3% | ||
| ROE | 15.35% | ||
| ROCE | 17.73% | ||
| ROIC | 13.1% | ||
| ROICexc | 14.57% | ||
| ROICexgc | 14.57% | ||
| OM | 28.94% | ||
| PM (TTM) | 21.13% | ||
| GM | 57.89% | ||
| FCFM | 20.2% |
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
ROICexcg growth 3Y21.9%
ROICexcg 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 Turnover0.53
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.22 | ||
| Debt/EBITDA | 0.05 | ||
| Cap/Depr | 132.44% | ||
| Cap/Sales | 29.68% | ||
| Interest Coverage | 35.75 | ||
| Cash Conversion | 97.14% | ||
| Profit Quality | 95.59% | ||
| Current Ratio | 1.48 | ||
| Quick Ratio | 0.81 | ||
| Altman-Z | 4.35 |
F-Score8
WACC8.82%
ROIC/WACC1.49
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)1500%
EPS 3Y55.85%
EPS 5Y60.35%
EPS Q2Q%4300%
EPS Next Y-21.74%
EPS Next 2Y2.78%
EPS Next 3Y-4.18%
EPS Next 5Y0.57%
Revenue 1Y (TTM)31.43%
Revenue growth 3Y20.22%
Revenue growth 5Y14.72%
Sales Q2Q%33.15%
Revenue Next Year19.71%
Revenue Next 2Y18.72%
Revenue Next 3Y7.84%
Revenue Next 5YN/A
EBIT growth 1Y174.81%
EBIT growth 3Y23.18%
EBIT growth 5Y43.56%
EBIT Next Year210.58%
EBIT Next 3Y52.64%
EBIT Next 5Y9.32%
FCF growth 1Y25509.1%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y137.92%
OCF growth 3Y31.46%
OCF growth 5Y23.79%