OCEANAGOLD CORP (OGC.CA) Stock Fundamental Analysis
TSX:OGC - Toronto Stock Exchange - CA6752221037 - Common Stock - Currency: CAD
We assign a fundamental rating of 7 out of 10 to OGC. OGC was compared to 811 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 valued quite cheap, while showing a decent growth score. This is a good combination! These ratings would make OGC suitable for value 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.
The reported net income has been mixed in the past 5 years: OGC reported negative net income in multiple years.
OGC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 11.30%, OGC belongs to the best of the industry, outperforming 93.83% of the companies in the same industry.
OGC's Return On Equity of 15.35% is amongst the best of the industry. OGC outperforms 93.22% of its industry peers.
OGC has a Return On Invested Capital of 13.10%. This is amongst the best in the industry. OGC outperforms 96.79% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for OGC is below the industry average of 12.18%.
The 3 year average ROIC (7.57%) for OGC is below the current ROIC(13.10%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.3% | ||
| ROE | 15.35% | ||
| ROIC | 13.1% |
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's Profit Margin of 21.13% is amongst the best of the industry. OGC outperforms 95.68% of its industry peers.
OGC's Profit Margin has improved in the last couple of years.
The Operating Margin of OGC (28.94%) is better than 94.33% of its industry peers.
OGC's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 57.89%, OGC belongs to the top of the industry, outperforming 96.79% of the companies in the same industry.
OGC's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 28.94% | ||
| PM (TTM) | 21.13% | ||
| GM | 57.89% |
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so OGC is still creating some value.
Compared to 1 year ago, OGC has less shares outstanding
Compared to 5 years ago, OGC has more shares outstanding
Compared to 1 year ago, OGC has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 10.12 indicates that OGC is not in any danger for bankruptcy at the moment.
With a decent Altman-Z score value of 10.12, OGC is doing good in the industry, outperforming 73.24% of the companies in the same industry.
The Debt to FCF ratio of OGC is 0.22, which is an excellent value as it means it would take OGC, only 0.22 years of fcf income to pay off all of its debts.
OGC's Debt to FCF ratio of 0.22 is amongst the best of the industry. OGC outperforms 96.42% of its industry peers.
A Debt/Equity ratio of 0.02 indicates that OGC is not too dependend on debt financing.
OGC has a Debt to Equity ratio (0.02) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.22 | ||
| Altman-Z | 10.12 |
ROIC/WACC1.66
WACC7.88%
2.3 Liquidity
OGC has a Current Ratio of 1.48. This is a normal value and indicates that OGC is financially healthy and should not expect problems in meeting its short term obligations.
OGC's Current ratio of 1.48 is in line compared to the rest of the industry. OGC outperforms 49.69% of its industry peers.
OGC has a Quick Ratio of 1.48. This is a bad value and indicates that OGC is not financially healthy enough and could expect problems in meeting its short term obligations.
OGC has a Quick ratio (0.81) which is in line with its industry peers.
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 | 1.48 | ||
| Quick Ratio | 0.81 |
3. Growth
3.1 Past
OGC shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 566.67%, which is quite impressive.
OGC shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 37.97% yearly.
OGC shows a strong growth in Revenue. In the last year, the Revenue has grown by 31.43%.
The Revenue has been growing by 14.72% on average over the past years. This is quite good.
EPS 1Y (TTM)566.67%
EPS 3Y21.32%
EPS 5Y37.97%
EPS Q2Q%1500%
Revenue 1Y (TTM)31.43%
Revenue growth 3Y20.22%
Revenue growth 5Y14.72%
Sales Q2Q%33.15%
3.2 Future
OGC is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -6.17% yearly.
OGC is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.84% yearly.
EPS Next Y65.91%
EPS Next 2Y49.66%
EPS Next 3Y23.09%
EPS Next 5Y-6.17%
Revenue Next Year19.71%
Revenue Next 2Y18.72%
Revenue Next 3Y7.84%
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 decreasing.
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
The Price/Earnings ratio is 35.13, which means the current valuation is very expensive for OGC.
Based on the Price/Earnings ratio, OGC is valued cheaply inside the industry as 87.42% of the companies are valued more expensively.
OGC is valuated rather expensively when we compare the Price/Earnings ratio to 26.91, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 25.16 indicates a quite expensive valuation of OGC.
Based on the Price/Forward Earnings ratio, OGC is valued cheaply inside the industry as 87.55% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 21.46. OGC is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.13 | ||
| Fwd PE | 25.16 |
4.2 Price Multiples
91.00% of the companies in the same industry are more expensive than OGC, based on the Enterprise Value to EBITDA ratio.
OGC's Price/Free Cash Flow ratio is rather cheap when compared to the industry. OGC is cheaper than 92.36% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 35.26 | ||
| EV/EBITDA | 13.63 |
4.3 Compensation for Growth
OGC's 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.
OGC's earnings are expected to grow with 23.09% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.53
PEG (5Y)0.93
EPS Next 2Y49.66%
EPS Next 3Y23.09%
5. Dividend
5.1 Amount
OGC has a yearly dividend return of 0.42%, which is pretty low.
OGC's Dividend Yield is rather good when compared to the industry average which is at 2.53. OGC pays more dividend than 95.19% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.43, OGC's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.42% |
5.2 History
OGC has been paying a dividend for over 5 years, so it has already some track record.
OGC has decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years2
5.3 Sustainability
4.82% of the earnings are spent on dividend by OGC. This is a low number and sustainable payout ratio.
DP4.82%
EPS Next 2Y49.66%
EPS Next 3Y23.09%
TSX:OGC (6/24/2025, 7:00:00 PM)
19.32
-1.13 (-5.53%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners53.97%
Inst Owner ChangeN/A
Ins Owners0.34%
Ins Owner ChangeN/A
Market Cap13.51B
Analysts80
Price Target6.94 (-64.08%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.42% |
Yearly Dividend0.03
Dividend Growth(5Y)N/A
DP4.82%
Div Incr Years1
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)37.39%
Min EPS beat(2)-0.69%
Max EPS beat(2)75.46%
EPS beat(4)1
Avg EPS beat(4)11.88%
Min EPS beat(4)-25.04%
Max EPS beat(4)75.46%
EPS beat(8)2
Avg EPS beat(8)-43.52%
EPS beat(12)5
Avg EPS beat(12)-23.49%
EPS beat(16)8
Avg EPS beat(16)-8.01%
Revenue beat(2)1
Avg Revenue beat(2)1.08%
Min Revenue beat(2)-1.62%
Max Revenue beat(2)3.78%
Revenue beat(4)1
Avg Revenue beat(4)-4.29%
Min Revenue beat(4)-10.53%
Max Revenue beat(4)3.78%
Revenue beat(8)3
Avg Revenue beat(8)-1.3%
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)6.67%
PT rev (3m)16.74%
EPS NQ rev (1m)0%
EPS NQ rev (3m)66.96%
EPS NY rev (1m)0%
EPS NY rev (3m)-5.27%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)5.93%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.13 | ||
| Fwd PE | 25.16 | ||
| P/S | 7.12 | ||
| P/FCF | 35.26 | ||
| P/OCF | 14.28 | ||
| P/B | 5.17 | ||
| P/tB | 5.17 | ||
| EV/EBITDA | 13.63 |
EPS(TTM)0.55
EY2.85%
EPS(NY)0.77
Fwd EY3.97%
FCF(TTM)0.55
FCFY2.84%
OCF(TTM)1.35
OCFY7%
SpS2.71
BVpS3.73
TBVpS3.73
PEG (NY)0.53
PEG (5Y)0.93
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.3% | ||
| ROE | 15.35% | ||
| ROCE | 17.73% | ||
| ROIC | 13.1% | ||
| ROICexc | 14.57% | ||
| ROICexgc | 14.57% | ||
| OM | 28.94% | ||
| PM (TTM) | 21.13% | ||
| GM | 57.89% | ||
| FCFM | 20.2% |
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
ROICexcg growth 3Y21.9%
ROICexcg 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 Turnover0.53
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.22 | ||
| Debt/EBITDA | 0.05 | ||
| Cap/Depr | 132.44% | ||
| Cap/Sales | 29.68% | ||
| Interest Coverage | 35.75 | ||
| Cash Conversion | 97.14% | ||
| Profit Quality | 95.59% | ||
| Current Ratio | 1.48 | ||
| Quick Ratio | 0.81 | ||
| Altman-Z | 10.12 |
F-Score8
WACC7.88%
ROIC/WACC1.66
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)566.67%
EPS 3Y21.32%
EPS 5Y37.97%
EPS Q2Q%1500%
EPS Next Y65.91%
EPS Next 2Y49.66%
EPS Next 3Y23.09%
EPS Next 5Y-6.17%
Revenue 1Y (TTM)31.43%
Revenue growth 3Y20.22%
Revenue growth 5Y14.72%
Sales Q2Q%33.15%
Revenue Next Year19.71%
Revenue Next 2Y18.72%
Revenue Next 3Y7.84%
Revenue Next 5YN/A
EBIT growth 1Y174.81%
EBIT growth 3Y23.18%
EBIT growth 5Y43.56%
EBIT Next Year210.58%
EBIT Next 3Y52.64%
EBIT Next 5Y9.32%
FCF growth 1Y25509.1%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y137.92%
OCF growth 3Y31.46%
OCF growth 5Y23.79%