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%)
Overall DRD gets a fundamental rating of 7 out of 10. We evaluated DRD against 153 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. An interesting combination arises when we look at growth and value: DRD is growing strongly while it also seems undervalued. With these ratings, DRD could be worth investigating further for value and growth investing!.
1. Profitability
1.1 Basic Checks
In the past year DRD was profitable.
DRD had a positive operating cash flow in the past year.
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
DRD has a better Return On Assets (26.24%) than 98.69% of its industry peers.
DRD's Return On Equity of 36.17% is amongst the best of the industry. DRD outperforms 97.39% of its industry peers.
The Return On Invested Capital of DRD (26.85%) is better than 98.69% of its industry peers.
DRD had an Average Return On Invested Capital over the past 3 years of 15.57%. This is above the industry average of 13.09%.
The last Return On Invested Capital (26.85%) for DRD is above the 3 year average (15.57%), which is a sign of increasing profitability.
| 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 91.50% 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 84.97% of its industry peers.
In the last couple of years the Operating Margin of DRD has grown nicely.
DRD has a better Gross Margin (38.03%) than 75.82% of its industry peers.
In the last couple of years the Gross Margin of DRD has grown nicely.
| 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
DRD has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
DRD has about the same amout of shares outstanding than it did 1 year ago.
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
DRD has a debt to FCF ratio of 0.01. This is a very positive value and a sign of high solvency as it would only need 0.01 years to pay back of all of its debts.
DRD has a better Debt to FCF ratio (0.01) than 97.39% of its industry peers.
A Debt/Equity ratio of 0.00 indicates that DRD is not too dependend on debt financing.
With an excellent Debt to Equity ratio value of 0.00, DRD belongs to the best of the industry, outperforming 81.05% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Altman-Z | N/A |
ROIC/WACC1.74
WACC15.47%
2.3 Liquidity
A Current Ratio of 2.28 indicates that DRD has no problem at all paying its short term obligations.
DRD has a Current ratio (2.28) which is in line with its industry peers.
A Quick Ratio of 1.76 indicates that DRD should not have too much problems paying its short term obligations.
DRD has a Quick ratio of 1.76. This is comparable to the rest of the industry: DRD outperforms 54.25% 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.
DRD shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 26.15% yearly.
Looking at the last year, DRD shows a very strong growth in Revenue. The Revenue has grown by 87.20%.
Measured over the past years, DRD shows a quite strong growth in Revenue. The Revenue has been growing by 13.49% on average per year.
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
DRD is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 27.21% yearly.
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
DRD is valuated correctly with a Price/Earnings ratio of 13.97.
92.81% of the companies in the same industry are more expensive than DRD, based on the Price/Earnings ratio.
DRD's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.31.
A Price/Forward Earnings ratio of 13.75 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 69.93% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 36.59. DRD is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.97 | ||
| Fwd PE | 13.75 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, DRD is valued a bit cheaper than the industry average as 73.86% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 35.7 | ||
| EV/EBITDA | N/A |
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.
DRD has an outstanding profitability rating, which may justify a higher PE ratio.
DRD's earnings are expected to grow with 27.21% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.3
PEG (5Y)0.53
EPS Next 2Y39.29%
EPS Next 3Y27.21%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.41%, DRD has a reasonable but not impressive dividend return.
DRD's Dividend Yield is a higher than the industry average which is at 2.72.
With a Dividend Yield of 1.41, DRD pays less dividend than the S&P500 average, which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.41% |
5.2 History
The dividend of DRD decreases each year by -7.34%.
DRD has been paying a dividend for at least 10 years, so it has 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 | 1.41% |
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)25.87%
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 | 13.97 | ||
| Fwd PE | 13.75 | ||
| P/S | 3.84 | ||
| P/FCF | 35.7 | ||
| P/OCF | 12.77 | ||
| P/B | 5.05 | ||
| P/tB | 5.05 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.16
EY7.16%
EPS(NY)2.2
Fwd EY7.27%
FCF(TTM)0.85
FCFY2.8%
OCF(TTM)2.36
OCFY7.83%
SpS7.86
BVpS5.98
TBVpS5.98
PEG (NY)0.3
PEG (5Y)0.53
Graham Number17.05
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
WACC15.47%
ROIC/WACC1.74
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%.