OCEANAGOLD CORP (OGC.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:OGC - CA6752224007 - Common Stock
40.77 CAD
-1.19 (-2.84%)
We assign a fundamental rating of 8 out of 10 to OGC. OGC was compared to 812 industry peers in the Metals & Mining industry. OGC has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. OGC is evaluated to be cheap and growing strongly. This does not happen too often! These ratings could make OGC a good candidate 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.
In multiple years OGC reported negative net income over the last 5 years.
In the past 5 years OGC always reported a positive cash flow from operatings.
1.2 Ratios
OGC has a better Return On Assets (13.98%) than 95.32% of its industry peers.
OGC's Return On Equity of 19.91% is amongst the best of the industry. OGC outperforms 95.57% of its industry peers.
With an excellent Return On Invested Capital value of 18.31%, OGC belongs to the best of the industry, outperforming 97.66% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for OGC is significantly below the industry average of 12.91%.
The last Return On Invested Capital (18.31%) for OGC is above the 3 year average (7.57%), which is a sign of increasing profitability.
| 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 94.95% of its industry peers.
OGC's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 35.97%, OGC belongs to the top of the industry, outperforming 95.44% 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 58.79%. This is amongst the best in the industry. OGC outperforms 96.80% 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.
Compared to 1 year ago, OGC has less shares outstanding
OGC has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, OGC has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 6.41 indicates that OGC is not in any danger for bankruptcy at the moment.
With a Altman-Z score value of 6.41, OGC perfoms like the industry average, outperforming 58.37% of the companies in the same industry.
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.
Looking at the Debt to FCF ratio, with a value of 0.13, OGC belongs to the top of the industry, outperforming 96.31% of the companies in the same industry.
OGC has a Debt/Equity ratio of 0.01. This is a healthy value indicating a solid balance between debt and equity.
OGC has a Debt to Equity ratio of 0.01. This is comparable to the rest of the industry: OGC outperforms 45.69% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.13 | ||
| Altman-Z | 6.41 |
ROIC/WACC1.96
WACC9.33%
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.
Looking at the Current ratio, with a value of 1.27, OGC is in line with its industry, outperforming 44.95% of the companies in the same industry.
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.
Looking at the Quick ratio, with a value of 0.87, OGC is doing worse than 60.34% 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 | 1.27 | ||
| Quick Ratio | 0.87 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 529.63% over the past year.
The Earnings Per Share has been growing by 37.97% 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%.
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
The Earnings Per Share is expected to grow by 15.25% on average over the next years. This is quite good.
Based on estimates for the next years, OGC will show a very strong growth in Revenue. The Revenue will grow by 21.47% on average per year.
EPS Next Y196.52%
EPS Next 2Y138.55%
EPS Next 3Y70.19%
EPS Next 5Y15.25%
Revenue Next Year40.87%
Revenue Next 2Y39.58%
Revenue Next 3Y21.47%
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
With a Price/Earnings ratio of 17.28, OGC is valued on the expensive side.
OGC's Price/Earnings ratio is rather cheap when compared to the industry. OGC is cheaper than 93.84% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.19. OGC is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 6.89 indicates a rather cheap valuation of OGC.
Compared to the rest of the industry, the Price/Forward Earnings ratio of OGC indicates a rather cheap valuation: OGC is cheaper than 96.06% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.88. OGC is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.28 | ||
| Fwd PE | 6.89 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, OGC is valued cheaply inside the industry as 96.55% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, OGC is valued cheaply inside the industry as 97.04% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.79 | ||
| EV/EBITDA | 7.42 |
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 70.19% in the coming years.
PEG (NY)0.09
PEG (5Y)0.45
EPS Next 2Y138.55%
EPS Next 3Y70.19%
5. Dividend
5.1 Amount
With a yearly dividend of 0.07%, OGC is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 0.66, OGC pays a better dividend. On top of this OGC pays more dividend than 94.46% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 1.94, OGC's dividend is way lower than the S&P500 average.
| 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 2Y138.55%
EPS Next 3Y70.19%
TSX:OGC (1/8/2026, 7:00:00 PM)
40.77
-1.19 (-2.84%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners50.04%
Inst Owner ChangeN/A
Ins Owners0.35%
Ins Owner ChangeN/A
Market Cap9.35B
Revenue(TTM)1.67B
Net Income(TTM)403.10M
Analysts80
Price Target44.46 (9.05%)
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-DateN/A
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)9.39%
PT rev (3m)63.72%
EPS NQ rev (1m)2.53%
EPS NQ rev (3m)34.27%
EPS NY rev (1m)2.97%
EPS NY rev (3m)12.72%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0.82%
Revenue NY rev (3m)6.99%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.28 | ||
| Fwd PE | 6.89 | ||
| P/S | 4.04 | ||
| P/FCF | 15.79 | ||
| P/OCF | 7.73 | ||
| P/B | 3.33 | ||
| P/tB | 3.33 | ||
| EV/EBITDA | 7.42 |
EPS(TTM)2.36
EY5.79%
EPS(NY)5.92
Fwd EY14.51%
FCF(TTM)2.58
FCFY6.33%
OCF(TTM)5.27
OCFY12.93%
SpS10.08
BVpS12.24
TBVpS12.24
PEG (NY)0.09
PEG (5Y)0.45
Graham Number25.49
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 | 6.41 |
F-Score8
WACC9.33%
ROIC/WACC1.96
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 Y196.52%
EPS Next 2Y138.55%
EPS Next 3Y70.19%
EPS Next 5Y15.25%
Revenue 1Y (TTM)47.1%
Revenue growth 3Y20.22%
Revenue growth 5Y14.72%
Sales Q2Q%29.92%
Revenue Next Year40.87%
Revenue Next 2Y39.58%
Revenue Next 3Y21.47%
Revenue Next 5YN/A
EBIT growth 1Y302.96%
EBIT growth 3Y23.18%
EBIT growth 5Y43.56%
EBIT Next Year281.18%
EBIT Next 3Y79.15%
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.
Can you provide the valuation status for OCEANAGOLD CORP?
ChartMill assigns a valuation rating of 9 / 10 to OCEANAGOLD CORP (OGC.CA). This can be considered as Undervalued.
Can you provide the profitability details for OCEANAGOLD CORP?
OCEANAGOLD CORP (OGC.CA) has a profitability rating of 8 / 10.
Can you provide the financial health for OGC stock?
The financial health rating of OCEANAGOLD CORP (OGC.CA) is 7 / 10.
What is the expected EPS growth for OCEANAGOLD CORP (OGC.CA) stock?
The Earnings per Share (EPS) of OCEANAGOLD CORP (OGC.CA) is expected to grow by 196.52% in the next year.