DRDGOLD LTD-SPONSORED ADR (DRD)
US26152H3012 - ADR
Taking everything into account, DRD scores 6 out of 10 in our fundamental rating. DRD was compared to 154 industry peers in the Metals & Mining industry. While DRD belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. DRD has a correct valuation and a medium growth rate. DRD also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year DRD was profitable.
DRD had a positive operating cash flow in the past year.
In the past 5 years DRD has always been profitable.
Each year in the past 5 years DRD had a positive operating cash flow.
1.2 Ratios
DRD has a better Return On Assets (16.10%) than 96.75% of its industry peers.
DRD has a better Return On Equity (21.20%) than 90.26% of its industry peers.
Looking at the Return On Invested Capital, with a value of 15.17%, DRD belongs to the top of the industry, outperforming 89.61% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for DRD is significantly above the industry average of 8.85%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.1% | ||
| ROE | 21.2% | ||
| ROIC | 15.17% |
ROA(3y)18.09%
ROA(5y)13.48%
ROE(3y)23.65%
ROE(5y)17.92%
ROIC(3y)17.62%
ROIC(5y)14.02%
1.3 Margins
Looking at the Profit Margin, with a value of 22.97%, DRD belongs to the top of the industry, outperforming 94.16% of the companies in the same industry.
DRD's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 25.70%, DRD belongs to the top of the industry, outperforming 85.71% of the companies in the same industry.
DRD's Operating Margin has improved in the last couple of years.
DRD's Gross Margin of 28.87% is fine compared to the rest of the industry. DRD outperforms 72.73% of its industry peers.
In the last couple of years the Gross Margin of DRD has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 25.7% | ||
| PM (TTM) | 22.97% | ||
| GM | 28.87% |
OM growth 3Y4.64%
OM growth 5Y59.71%
PM growth 3Y15.39%
PM growth 5Y145.58%
GM growth 3Y-1.08%
GM growth 5Y38.16%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), DRD is creating some value.
The number of shares outstanding for DRD has been increased compared to 1 year ago.
Compared to 5 years ago, DRD has more shares outstanding
DRD has a better debt/assets ratio than last year.
2.2 Solvency
DRD has a Debt/Equity ratio of 0.00. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.00, DRD is in the better half of the industry, outperforming 75.97% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACC0.92
WACC16.51%
2.3 Liquidity
DRD has a Current Ratio of 3.67. This indicates that DRD is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 3.67, DRD is in the better half of the industry, outperforming 72.08% of the companies in the same industry.
DRD has a Quick Ratio of 3.02. This indicates that DRD is financially healthy and has no problem in meeting its short term obligations.
DRD has a better Quick ratio (3.02) than 70.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.67 | ||
| Quick Ratio | 3.02 |
3. Growth
3.1 Past
DRD shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 13.87%, which is quite good.
The Earnings Per Share has been growing by 149.25% on average over the past years. This is a very strong growth
Looking at the last year, DRD shows a quite strong growth in Revenue. The Revenue has grown by 10.27% in the last year.
The Revenue has been growing by 17.15% on average over the past years. This is quite good.
EPS 1Y (TTM)13.87%
EPS 3Y22.28%
EPS 5Y149.25%
EPS growth Q2Q9.43%
Revenue 1Y (TTM)10.27%
Revenue growth 3Y9.51%
Revenue growth 5Y17.15%
Revenue growth Q2Q12.05%
3.2 Future
Based on estimates for the next years, DRD will show a small growth in Earnings Per Share. The EPS will grow by 5.13% on average per year.
Based on estimates for the next years, DRD will show a small growth in Revenue. The Revenue will grow by 4.71% on average per year.
EPS Next Y-3.17%
EPS Next 2Y-0.53%
EPS Next 3Y5.13%
EPS Next 5YN/A
Revenue Next Year8.56%
Revenue Next 2Y7.41%
Revenue Next 3Y4.71%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 9.51 indicates a reasonable valuation of DRD.
Based on the Price/Earnings ratio, DRD is valued cheaply inside the industry as 85.71% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 24.55. DRD is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 10.36, the valuation of DRD can be described as reasonable.
Based on the Price/Forward Earnings ratio, DRD is valued cheaply inside the industry as 87.66% of the companies are valued more expensively.
DRD is valuated cheaply when we compare the Price/Forward Earnings ratio to 20.92, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.51 | ||
| Fwd PE | 10.36 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The excellent profitability rating of DRD may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.06
EPS Next 2Y-0.53%
EPS Next 3Y5.13%
5. Dividend
5.1 Amount
DRD has a Yearly Dividend Yield of 5.48%, which is a nice return.
DRD's Dividend Yield is rather good when compared to the industry average which is at 2.89. DRD pays more dividend than 95.45% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.39, DRD pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.48% |
5.2 History
On average, the dividend of DRD grows each year by 43.08%, which is quite nice.
DRD has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)43.08%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DRD pays out 54.82% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of DRD is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP54.82%
EPS Next 2Y-0.53%
EPS Next 3Y5.13%
DRDGOLD LTD-SPONSORED ADR
NYSE:DRD (5/2/2024, 12:29:53 PM)
7.89
+0.05 (+0.64%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap679.72M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.48% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
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EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
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Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
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Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.51 | ||
| Fwd PE | 10.36 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)0.06
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.1% | ||
| ROE | 21.2% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 25.7% | ||
| PM (TTM) | 22.97% | ||
| GM | 28.87% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.7
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 3.67 | ||
| Quick Ratio | 3.02 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)13.87%
EPS 3Y22.28%
EPS 5Y
EPS growth Q2Q
EPS Next Y-3.17%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)10.27%
Revenue growth 3Y9.51%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y