OCEANAGOLD CORP (OGC.CA) Stock Fundamental Analysis
Canada - TSX:OGC - CA6752224007 - Common Stock
31.97 CAD
-0.28 (-0.87%)
We assign a fundamental rating of 8 out of 10 to OGC. 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. 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
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
OGC has a better Return On Assets (13.51%) than 94.41% of its industry peers.
OGC has a Return On Equity of 18.50%. This is amongst the best in the industry. OGC outperforms 94.78% of its industry peers.
OGC has a better Return On Invested Capital (16.30%) than 97.64% of its industry peers.
The Average Return On Invested Capital over the past 3 years for OGC is below the industry average of 12.09%.
The 3 year average ROIC (7.57%) for OGC is below the current ROIC(16.30%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.51% | ||
| ROE | 18.5% | ||
| ROIC | 16.3% |
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
Looking at the Profit Margin, with a value of 24.02%, OGC belongs to the top of the industry, outperforming 95.40% of the companies in the same industry.
In the last couple of years the Profit Margin of OGC has grown nicely.
The Operating Margin of OGC (33.92%) is better than 95.78% of its industry peers.
In the last couple of years the Operating Margin of OGC has grown nicely.
OGC has a better Gross Margin (59.82%) than 96.89% of its industry peers.
In the last couple of years the Gross Margin of OGC has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 33.92% | ||
| PM (TTM) | 24.02% | ||
| GM | 59.82% |
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
Compared to 1 year ago, OGC has an improved debt to assets ratio.
2.2 Solvency
OGC has an Altman-Z score of 5.84. This indicates that OGC is financially healthy and has little risk of bankruptcy at the moment.
OGC's Altman-Z score of 5.84 is in line compared to the rest of the industry. OGC outperforms 59.63% of its industry peers.
The Debt to FCF ratio of OGC is 0.15, which is an excellent value as it means it would take OGC, only 0.15 years of fcf income to pay off all of its debts.
OGC's Debt to FCF ratio of 0.15 is amongst the best of the industry. OGC outperforms 96.40% 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 45.09% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.15 | ||
| Altman-Z | 5.84 |
ROIC/WACC1.97
WACC8.29%
2.3 Liquidity
OGC has a Current Ratio of 1.46. 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 1.46 is in line compared to the rest of the industry. OGC outperforms 45.96% of its industry peers.
A Quick Ratio of 0.89 indicates that OGC may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.89, OGC is doing worse than 60.62% 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 | 1.46 | ||
| Quick Ratio | 0.89 |
3. Growth
3.1 Past
OGC shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 1644.44%, 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
Looking at the last year, OGC shows a very strong growth in Revenue. The Revenue has grown by 56.03%.
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)1644.44%
EPS 3Y76.52%
EPS 5Y72.78%
EPS Q2Q%308.33%
Revenue 1Y (TTM)56.03%
Revenue growth 3Y20.22%
Revenue growth 5Y14.72%
Sales Q2Q%72.13%
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 14.49% yearly.
OGC is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 12.90% yearly.
EPS Next Y156.23%
EPS Next 2Y94.93%
EPS Next 3Y44.25%
EPS Next 5Y14.49%
Revenue Next Year31.66%
Revenue Next 2Y27.35%
Revenue Next 3Y12.9%
Revenue Next 5YN/A
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of 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
The Price/Earnings ratio is 14.53, which indicates a correct valuation of OGC.
94.53% 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 26.89, OGC is valued a bit cheaper.
A Price/Forward Earnings ratio of 7.79 indicates a rather cheap valuation of OGC.
95.16% of the companies in the same industry are more expensive than OGC, based on the Price/Forward Earnings ratio.
OGC is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.99, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.53 | ||
| Fwd PE | 7.79 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, OGC is valued cheaply inside the industry as 96.65% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, OGC is valued cheaper than 96.77% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.11 | ||
| EV/EBITDA | 6.04 |
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.
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 44.25% in the coming years.
PEG (NY)0.09
PEG (5Y)0.2
EPS Next 2Y94.93%
EPS Next 3Y44.25%
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 12.64. OGC pays more dividend than 94.53% 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 2.31.
| 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.
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
5.61% of the earnings are spent on dividend by OGC. This is a low number and sustainable payout ratio.
DP5.61%
EPS Next 2Y94.93%
EPS Next 3Y44.25%
TSX:OGC (10/24/2025, 7:00:00 PM)
31.97
-0.28 (-0.87%)
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 Cap7.33B
Revenue(TTM)1.56B
Net Income(TTM)375.80M
Analysts80
Price Target27.16 (-15.05%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.09% |
Yearly Dividend0.08
Dividend Growth(5Y)N/A
DP5.61%
Div Incr Years1
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)48.22%
Min EPS beat(2)20.98%
Max EPS beat(2)75.46%
EPS beat(4)2
Avg EPS beat(4)17.68%
Min EPS beat(4)-25.04%
Max EPS beat(4)75.46%
EPS beat(8)2
Avg EPS beat(8)-44.87%
EPS beat(12)5
Avg EPS beat(12)-23.39%
EPS beat(16)8
Avg EPS beat(16)-6.96%
Revenue beat(2)2
Avg Revenue beat(2)9.13%
Min Revenue beat(2)3.78%
Max Revenue beat(2)14.48%
Revenue beat(4)2
Avg Revenue beat(4)1.97%
Min Revenue beat(4)-8.78%
Max Revenue beat(4)14.48%
Revenue beat(8)3
Avg Revenue beat(8)-1.93%
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)0%
PT rev (3m)18.47%
EPS NQ rev (1m)1.48%
EPS NQ rev (3m)-5.84%
EPS NY rev (1m)0%
EPS NY rev (3m)375.67%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0.17%
Revenue NY rev (3m)9.98%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.53 | ||
| Fwd PE | 7.79 | ||
| P/S | 3.34 | ||
| P/FCF | 13.11 | ||
| P/OCF | 6.46 | ||
| P/B | 2.57 | ||
| P/tB | 2.57 | ||
| EV/EBITDA | 6.04 |
EPS(TTM)2.2
EY6.88%
EPS(NY)4.1
Fwd EY12.84%
FCF(TTM)2.44
FCFY7.63%
OCF(TTM)4.95
OCFY15.48%
SpS9.57
BVpS12.42
TBVpS12.42
PEG (NY)0.09
PEG (5Y)0.2
Graham Number24.8
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.51% | ||
| ROE | 18.5% | ||
| ROCE | 22.06% | ||
| ROIC | 16.3% | ||
| ROICexc | 18.61% | ||
| ROICexgc | 18.61% | ||
| OM | 33.92% | ||
| PM (TTM) | 24.02% | ||
| GM | 59.82% | ||
| FCFM | 25.48% |
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 Turnover0.56
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.15 | ||
| Debt/EBITDA | 0.04 | ||
| Cap/Depr | 139.14% | ||
| Cap/Sales | 26.24% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 97.99% | ||
| Profit Quality | 106.09% | ||
| Current Ratio | 1.46 | ||
| Quick Ratio | 0.89 | ||
| Altman-Z | 5.84 |
F-Score8
WACC8.29%
ROIC/WACC1.97
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)1644.44%
EPS 3Y76.52%
EPS 5Y72.78%
EPS Q2Q%308.33%
EPS Next Y156.23%
EPS Next 2Y94.93%
EPS Next 3Y44.25%
EPS Next 5Y14.49%
Revenue 1Y (TTM)56.03%
Revenue growth 3Y20.22%
Revenue growth 5Y14.72%
Sales Q2Q%72.13%
Revenue Next Year31.66%
Revenue Next 2Y27.35%
Revenue Next 3Y12.9%
Revenue Next 5YN/A
EBIT growth 1Y542.62%
EBIT growth 3Y23.18%
EBIT growth 5Y43.56%
EBIT Next Year252.76%
EBIT Next 3Y60.62%
EBIT Next 5Y9.11%
FCF growth 1Y695.81%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y117.5%
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 14.53 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 156.23% in the next year.