DRDGOLD LTD-SPONSORED ADR (DRD) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:DRD - US26152H3012 - ADR
30.18 USD
+0.76 (+2.58%)
30.35 USD
+0.17 (+0.56%)
DRD gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 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 both an excellent growth and valuation score. This means it is growing and it is still cheap. This is a rare combination! These ratings could make DRD a good candidate for value and growth investing.
1. Profitability
1.1 Basic Checks
In the past year DRD was profitable.
In the past year DRD had a positive cash flow from operations.
DRD had positive earnings in each of the past 5 years.
Each year in the past 5 years DRD had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 26.24%, DRD belongs to the top of the industry, outperforming 98.70% of the companies in the same industry.
DRD has a better Return On Equity (36.17%) than 96.75% of its industry peers.
DRD has a better Return On Invested Capital (26.85%) than 98.70% of its industry peers.
The Average Return On Invested Capital over the past 3 years for DRD is above the industry average of 13.20%.
The 3 year average ROIC (15.57%) for DRD is below the current ROIC(26.85%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 26.24% | ||
| ROE | 36.17% | ||
| ROIC | 26.85% |
ROA(3y)16.03%
ROA(5y)17.33%
ROE(3y)21.65%
ROE(5y)23.1%
ROIC(3y)15.57%
ROIC(5y)16.67%
1.3 Margins
The Profit Margin of DRD (27.51%) is better than 91.56% of its industry peers.
In the last couple of years the Profit Margin of DRD has grown nicely.
DRD has a Operating Margin of 35.35%. This is amongst the best in the industry. DRD outperforms 85.06% of its industry peers.
In the last couple of years the Operating Margin of DRD has grown nicely.
The Gross Margin of DRD (38.03%) is better than 76.62% of its industry peers.
DRD's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 35.35% | ||
| PM (TTM) | 27.51% | ||
| GM | 38.03% |
OM growth 3Y15.94%
OM growth 5Y10.54%
PM growth 3Y9.04%
PM growth 5Y13.41%
GM growth 3Y13.88%
GM growth 5Y5.92%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so DRD is still creating some value.
Compared to 1 year ago, DRD has about the same amount of shares outstanding.
The number of shares outstanding for DRD has been increased compared to 5 years ago.
Compared to 1 year ago, DRD has an improved debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of DRD is 0.01, which is an excellent value as it means it would take DRD, only 0.01 years of fcf income to pay off all of its debts.
DRD has a better Debt to FCF ratio (0.01) than 98.05% of its industry peers.
DRD has a Debt/Equity ratio of 0.00. This is a healthy value indicating a solid balance between debt and equity.
DRD has a Debt to Equity ratio of 0.00. This is amongst the best in the industry. DRD outperforms 81.17% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Altman-Z | N/A |
ROIC/WACC1.7
WACC15.79%
2.3 Liquidity
DRD has a Current Ratio of 2.28. This indicates that DRD is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of DRD (2.28) is comparable to the rest of the industry.
A Quick Ratio of 1.76 indicates that DRD should not have too much problems paying its short term obligations.
DRD's Quick ratio of 1.76 is in line compared to the rest of the industry. DRD outperforms 53.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.28 | ||
| Quick Ratio | 1.76 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 141.66% over the past year.
Measured over the past years, DRD shows a very strong growth in Earnings Per Share. The EPS has been growing by 26.15% on average per year.
Looking at the last year, DRD shows a very strong growth in Revenue. The Revenue has grown by 87.20%.
DRD shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.49% yearly.
EPS 1Y (TTM)141.66%
EPS 3Y25.64%
EPS 5Y26.15%
EPS Q2Q%203.09%
Revenue 1Y (TTM)87.2%
Revenue growth 3Y15.46%
Revenue growth 5Y13.49%
Sales Q2Q%141.26%
3.2 Future
Based on estimates for the next years, DRD will show a very strong growth in Earnings Per Share. The EPS will grow by 27.21% on average per year.
Based on estimates for the next years, DRD will show a quite strong growth in Revenue. The Revenue will grow by 16.38% on average per year.
EPS Next Y46.03%
EPS Next 2Y39.29%
EPS Next 3Y27.21%
EPS Next 5YN/A
Revenue Next Year19.42%
Revenue Next 2Y22.63%
Revenue Next 3Y16.38%
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 stable.
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
The Price/Earnings ratio is 13.91, which indicates a correct valuation of DRD.
92.21% of the companies in the same industry are more expensive than DRD, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 26.31, DRD is valued a bit cheaper.
The Price/Forward Earnings ratio is 13.70, which indicates a correct valuation of DRD.
Compared to the rest of the industry, the Price/Forward Earnings ratio of DRD indicates a somewhat cheap valuation: DRD is cheaper than 70.13% of the companies listed in the same industry.
DRD is valuated cheaply when we compare the Price/Forward Earnings ratio to 36.56, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.91 | ||
| Fwd PE | 13.7 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, DRD is valued a bit cheaper than the industry average as 74.03% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 35.58 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
DRD's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
DRD has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as DRD's earnings are expected to grow with 27.21% in the coming years.
PEG (NY)0.3
PEG (5Y)0.53
EPS Next 2Y39.29%
EPS Next 3Y27.21%
5. Dividend
5.1 Amount
DRD has a Yearly Dividend Yield of 1.42%.
Compared to an average industry Dividend Yield of 2.60, DRD pays a bit more dividend than its industry peers.
Compared to the average S&P500 Dividend Yield of 2.32, DRD is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.42% |
5.2 History
The dividend of DRD decreases each year by -7.34%.
DRD has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-7.34%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
13.42% of the earnings are spent on dividend by DRD. This is a low number and sustainable payout ratio.
DP13.42%
EPS Next 2Y39.29%
EPS Next 3Y27.21%
30.18
+0.76 (+2.58%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners15.6%
Inst Owner Change24.47%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap2.61B
Revenue(TTM)11.68B
Net Income(TTM)3.21B
Analysts45
Price Target24.51 (-18.79%)
Short Float %1.63%
Short Ratio0.83
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.42% |
Yearly Dividend0.29
Dividend Growth(5Y)-7.34%
DP13.42%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
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)26.87%
PT rev (3m)46.23%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)15.74%
EPS NY rev (3m)25.73%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)6.58%
Revenue NY rev (3m)10.74%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.91 | ||
| Fwd PE | 13.7 | ||
| P/S | 3.83 | ||
| P/FCF | 35.58 | ||
| P/OCF | 12.73 | ||
| P/B | 5.03 | ||
| P/tB | 5.03 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.17
EY7.19%
EPS(NY)2.2
Fwd EY7.3%
FCF(TTM)0.85
FCFY2.81%
OCF(TTM)2.37
OCFY7.86%
SpS7.89
BVpS6
TBVpS6
PEG (NY)0.3
PEG (5Y)0.53
Graham Number17.11
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 26.24% | ||
| ROE | 36.17% | ||
| ROCE | 36.72% | ||
| ROIC | 26.85% | ||
| ROICexc | 30.38% | ||
| ROICexgc | 30.38% | ||
| OM | 35.35% | ||
| PM (TTM) | 27.51% | ||
| GM | 38.03% | ||
| FCFM | 10.75% |
ROA(3y)16.03%
ROA(5y)17.33%
ROE(3y)21.65%
ROE(5y)23.1%
ROIC(3y)15.57%
ROIC(5y)16.67%
ROICexc(3y)18.93%
ROICexc(5y)23.19%
ROICexgc(3y)18.93%
ROICexgc(5y)23.19%
ROCE(3y)21.3%
ROCE(5y)22.79%
ROICexgc growth 3Y-1.77%
ROICexgc growth 5Y0.1%
ROICexc growth 3Y-1.77%
ROICexc growth 5Y0.1%
OM growth 3Y15.94%
OM growth 5Y10.54%
PM growth 3Y9.04%
PM growth 5Y13.41%
GM growth 3Y13.88%
GM growth 5Y5.92%
F-Score8
Asset Turnover0.95
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 19.3% | ||
| Interest Coverage | 359.07 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 39.1% | ||
| Current Ratio | 2.28 | ||
| Quick Ratio | 1.76 | ||
| Altman-Z | N/A |
F-Score8
WACC15.79%
ROIC/WACC1.7
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)32.44%
Cap/Sales(5y)23.25%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)141.66%
EPS 3Y25.64%
EPS 5Y26.15%
EPS Q2Q%203.09%
EPS Next Y46.03%
EPS Next 2Y39.29%
EPS Next 3Y27.21%
EPS Next 5YN/A
Revenue 1Y (TTM)87.2%
Revenue growth 3Y15.46%
Revenue growth 5Y13.49%
Sales Q2Q%141.26%
Revenue Next Year19.42%
Revenue Next 2Y22.63%
Revenue Next 3Y16.38%
Revenue Next 5YN/A
EBIT growth 1Y156.08%
EBIT growth 3Y33.87%
EBIT growth 5Y25.45%
EBIT Next Year21.16%
EBIT Next 3Y15.49%
EBIT Next 5YN/A
FCF growth 1Y210.15%
FCF growth 3Y11.19%
FCF growth 5Y5.8%
OCF growth 1Y90.28%
OCF growth 3Y32.84%
OCF growth 5Y25.48%
DRDGOLD LTD-SPONSORED ADR / DRD FAQ
Can you provide the ChartMill fundamental rating for DRDGOLD LTD-SPONSORED ADR?
ChartMill assigns a fundamental rating of 7 / 10 to DRD.
Can you provide the valuation status for DRDGOLD LTD-SPONSORED ADR?
ChartMill assigns a valuation rating of 7 / 10 to DRDGOLD LTD-SPONSORED ADR (DRD). This can be considered as Undervalued.
Can you provide the profitability details for DRDGOLD LTD-SPONSORED ADR?
DRDGOLD LTD-SPONSORED ADR (DRD) has a profitability rating of 9 / 10.
What is the expected EPS growth for DRDGOLD LTD-SPONSORED ADR (DRD) stock?
The Earnings per Share (EPS) of DRDGOLD LTD-SPONSORED ADR (DRD) is expected to grow by 46.03% in the next year.
Can you provide the dividend sustainability for DRD stock?
The dividend rating of DRDGOLD LTD-SPONSORED ADR (DRD) is 4 / 10 and the dividend payout ratio is 13.42%.