OR ROYALTIES INC (OR) Stock Fundamental Analysis
USA - NYSE:OR - CA68390D1069 - Common Stock
35.45 USD
+0.29 (+0.82%)
35.45 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to OR. OR was compared to 156 industry peers in the Metals & Mining industry. Both the health and profitability get an excellent rating, making OR a very profitable company, without any liquidiy or solvency issues. OR has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year OR was profitable.
OR had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: OR reported negative net income in multiple years.
OR 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 5.45%, OR is in the better half of the industry, outperforming 75.64% of the companies in the same industry.
OR has a better Return On Equity (6.09%) than 70.51% of its industry peers.
Looking at the Return On Invested Capital, with a value of 8.12%, OR is in the better half of the industry, outperforming 74.36% of the companies in the same industry.
OR had an Average Return On Invested Capital over the past 3 years of 5.92%. This is significantly below the industry average of 12.92%.
The 3 year average ROIC (5.92%) for OR is below the current ROIC(8.12%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.45% | ||
| ROE | 6.09% | ||
| ROIC | 8.12% |
ROA(3y)-2.43%
ROA(5y)-1.51%
ROE(3y)-2.82%
ROE(5y)-1.79%
ROIC(3y)5.92%
ROIC(5y)4.66%
1.3 Margins
OR's Profit Margin of 36.77% is amongst the best of the industry. OR outperforms 95.51% of its industry peers.
OR has a better Operating Margin (68.35%) than 99.36% of its industry peers.
In the last couple of years the Operating Margin of OR has grown nicely.
Looking at the Gross Margin, with a value of 81.43%, OR belongs to the top of the industry, outperforming 98.72% of the companies in the same industry.
In the last couple of years the Gross Margin of OR has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 68.35% | ||
| PM (TTM) | 36.77% | ||
| GM | 81.43% |
OM growth 3Y23.11%
OM growth 5Y37.88%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y8.75%
GM growth 5Y30.4%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so OR is destroying value.
OR has more shares outstanding than it did 1 year ago.
OR has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, OR has an improved debt to assets ratio.
2.2 Solvency
OR has an Altman-Z score of 26.33. This indicates that OR is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 26.33, OR belongs to the best of the industry, outperforming 85.26% of the companies in the same industry.
OR has a debt to FCF ratio of 0.48. This is a very positive value and a sign of high solvency as it would only need 0.48 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 0.48, OR belongs to the best of the industry, outperforming 91.67% of the companies in the same industry.
OR has a Debt/Equity ratio of 0.03. This is a healthy value indicating a solid balance between debt and equity.
OR's Debt to Equity ratio of 0.03 is fine compared to the rest of the industry. OR outperforms 69.87% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.48 | ||
| Altman-Z | 26.33 |
ROIC/WACC0.91
WACC8.93%
2.3 Liquidity
OR has a Current Ratio of 4.73. This indicates that OR is financially healthy and has no problem in meeting its short term obligations.
OR has a Current ratio of 4.73. This is amongst the best in the industry. OR outperforms 82.05% of its industry peers.
OR has a Quick Ratio of 4.73. This indicates that OR is financially healthy and has no problem in meeting its short term obligations.
OR's Quick ratio of 4.73 is amongst the best of the industry. OR outperforms 83.97% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.73 | ||
| Quick Ratio | 4.73 |
3. Growth
3.1 Past
OR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 27.26%, which is quite impressive.
OR shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 18.35% yearly.
OR shows a decrease in Revenue. In the last year, the revenue decreased by -9.02%.
Measured over the past years, OR shows a very negative growth in Revenue. The Revenue has been decreasing by -13.41% on average per year.
EPS 1Y (TTM)27.26%
EPS 3Y21.77%
EPS 5Y18.35%
EPS Q2Q%38.33%
Revenue 1Y (TTM)-9.02%
Revenue growth 3Y-5.27%
Revenue growth 5Y-13.41%
Sales Q2Q%28.83%
3.2 Future
Based on estimates for the next years, OR will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.20% on average per year.
The Revenue is expected to decrease by -11.26% on average over the next years. This is quite bad
EPS Next Y38.69%
EPS Next 2Y24.94%
EPS Next 3Y22.74%
EPS Next 5Y12.2%
Revenue Next Year-2.2%
Revenue Next 2Y5.11%
Revenue Next 3Y6.86%
Revenue Next 5Y-11.26%
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.
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
A Price/Earnings ratio of 44.87 indicates a quite expensive valuation of OR.
Based on the Price/Earnings ratio, OR is valued a bit cheaper than 64.10% of the companies in the same industry.
OR's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 27.20.
OR is valuated quite expensively with a Price/Forward Earnings ratio of 34.94.
The rest of the industry has a similar Price/Forward Earnings ratio as OR.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.70, OR is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 44.87 | ||
| Fwd PE | 34.94 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as OR.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of OR indicates a somewhat cheap valuation: OR is cheaper than 63.46% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 77.13 | ||
| EV/EBITDA | 36.33 |
4.3 Compensation for Growth
OR's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of OR may justify a higher PE ratio.
OR's earnings are expected to grow with 22.74% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.16
PEG (5Y)2.45
EPS Next 2Y24.94%
EPS Next 3Y22.74%
5. Dividend
5.1 Amount
OR has a yearly dividend return of 0.44%, which is pretty low.
Compared to an average industry Dividend Yield of 2.51, OR pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.38, OR's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.44% |
5.2 History
The dividend of OR decreases each year by -1.32%.
OR has paid a dividend for at least 10 years, which is a reliable track record.
OR has decreased its dividend recently.
Dividend Growth(5Y)-1.32%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
39.84% of the earnings are spent on dividend by OR. This is a low number and sustainable payout ratio.
DP39.84%
EPS Next 2Y24.94%
EPS Next 3Y22.74%
35.45
+0.29 (+0.82%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners80.78%
Inst Owner Change1.79%
Ins Owners0.22%
Ins Owner ChangeN/A
Market Cap6.67B
Analysts80
Price Target31.07 (-12.36%)
Short Float %1.36%
Short Ratio2.84
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.44% |
Yearly Dividend0.16
Dividend Growth(5Y)-1.32%
DP39.84%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)29.21%
Min EPS beat(2)20.76%
Max EPS beat(2)37.67%
EPS beat(4)3
Avg EPS beat(4)4.06%
Min EPS beat(4)-44.52%
Max EPS beat(4)37.67%
EPS beat(8)6
Avg EPS beat(8)2.86%
EPS beat(12)10
Avg EPS beat(12)15.59%
EPS beat(16)11
Avg EPS beat(16)-6.67%
Revenue beat(2)2
Avg Revenue beat(2)12.94%
Min Revenue beat(2)9.75%
Max Revenue beat(2)16.13%
Revenue beat(4)2
Avg Revenue beat(4)-2.07%
Min Revenue beat(4)-26.88%
Max Revenue beat(4)16.13%
Revenue beat(8)2
Avg Revenue beat(8)-3.19%
Revenue beat(12)2
Avg Revenue beat(12)-3.2%
Revenue beat(16)4
Avg Revenue beat(16)-0.7%
PT rev (1m)5.09%
PT rev (3m)22.32%
EPS NQ rev (1m)7.18%
EPS NQ rev (3m)3.05%
EPS NY rev (1m)6.46%
EPS NY rev (3m)6.46%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)31.16%
Revenue NY rev (1m)9.56%
Revenue NY rev (3m)11.68%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 44.87 | ||
| Fwd PE | 34.94 | ||
| P/S | 31.22 | ||
| P/FCF | 77.13 | ||
| P/OCF | 36.42 | ||
| P/B | 5.17 | ||
| P/tB | 5.52 | ||
| EV/EBITDA | 36.33 |
EPS(TTM)0.79
EY2.23%
EPS(NY)1.01
Fwd EY2.86%
FCF(TTM)0.46
FCFY1.3%
OCF(TTM)0.97
OCFY2.75%
SpS1.14
BVpS6.86
TBVpS6.42
PEG (NY)1.16
PEG (5Y)2.45
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.45% | ||
| ROE | 6.09% | ||
| ROCE | 10.28% | ||
| ROIC | 8.12% | ||
| ROICexc | 8.72% | ||
| ROICexgc | 9.3% | ||
| OM | 68.35% | ||
| PM (TTM) | 36.77% | ||
| GM | 81.43% | ||
| FCFM | 40.48% |
ROA(3y)-2.43%
ROA(5y)-1.51%
ROE(3y)-2.82%
ROE(5y)-1.79%
ROIC(3y)5.92%
ROIC(5y)4.66%
ROICexc(3y)6.24%
ROICexc(5y)4.97%
ROICexgc(3y)6.64%
ROICexgc(5y)5.28%
ROCE(3y)7.5%
ROCE(5y)5.9%
ROICexcg growth 3Y32.46%
ROICexcg growth 5Y27.14%
ROICexc growth 3Y32.42%
ROICexc growth 5Y27.22%
OM growth 3Y23.11%
OM growth 5Y37.88%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y8.75%
GM growth 5Y30.4%
F-Score6
Asset Turnover0.15
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.48 | ||
| Debt/EBITDA | 0.22 | ||
| Cap/Depr | 291.31% | ||
| Cap/Sales | 45.24% | ||
| Interest Coverage | 26.59 | ||
| Cash Conversion | 102.2% | ||
| Profit Quality | 110.08% | ||
| Current Ratio | 4.73 | ||
| Quick Ratio | 4.73 | ||
| Altman-Z | 26.33 |
F-Score6
WACC8.93%
ROIC/WACC0.91
Cap/Depr(3y)321.87%
Cap/Depr(5y)359.62%
Cap/Sales(3y)71.43%
Cap/Sales(5y)80.64%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)27.26%
EPS 3Y21.77%
EPS 5Y18.35%
EPS Q2Q%38.33%
EPS Next Y38.69%
EPS Next 2Y24.94%
EPS Next 3Y22.74%
EPS Next 5Y12.2%
Revenue 1Y (TTM)-9.02%
Revenue growth 3Y-5.27%
Revenue growth 5Y-13.41%
Sales Q2Q%28.83%
Revenue Next Year-2.2%
Revenue Next 2Y5.11%
Revenue Next 3Y6.86%
Revenue Next 5Y-11.26%
EBIT growth 1Y5.99%
EBIT growth 3Y16.62%
EBIT growth 5Y19.4%
EBIT Next Year1.9%
EBIT Next 3Y7.9%
EBIT Next 5Y6.85%
FCF growth 1Y176.15%
FCF growth 3YN/A
FCF growth 5Y63.07%
OCF growth 1Y2.09%
OCF growth 3Y14.66%
OCF growth 5Y11.79%