OCEANAGOLD CORP (OGC.CA) Stock Fundamental Analysis
TSX:OGC - CA6752221037 - Common Stock
24.31 CAD
+0.33 (+1.38%)
We assign a fundamental rating of 8 out of 10 to OGC. OGC was compared to 791 industry peers in the Metals & Mining industry. OGC gets an excellent profitability rating and is at the same time showing great financial health properties. OGC is evaluated to be cheap and growing strongly. This does not happen too often! These ratings would make OGC suitable for value and growth 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.
In multiple years OGC reported negative net income over the last 5 years.
Each year in the past 5 years OGC had a positive operating cash flow.
1.2 Ratios
OGC has a better Return On Assets (13.51%) than 94.82% of its industry peers.
OGC has a Return On Equity of 18.50%. This is amongst the best in the industry. OGC outperforms 94.69% of its industry peers.
With an excellent Return On Invested Capital value of 16.30%, OGC belongs to the best of the industry, outperforming 97.72% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for OGC is below the industry average of 11.97%.
The last Return On Invested Capital (16.30%) for OGC is above the 3 year average (7.57%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.51% | ||
| ROE | 18.5% | ||
| ROIC | 16.3% |
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 has a better Profit Margin (24.02%) than 95.20% of its industry peers.
OGC's Profit Margin has improved in the last couple of years.
With an excellent Operating Margin value of 33.92%, OGC belongs to the best of the industry, outperforming 95.20% of the companies in the same industry.
OGC's Operating Margin has improved in the last couple of years.
With an excellent Gross Margin value of 59.82%, OGC belongs to the best of the industry, outperforming 96.84% of the companies in the same industry.
OGC's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 33.92% | ||
| PM (TTM) | 24.02% | ||
| GM | 59.82% |
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
OGC has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
OGC has less shares outstanding than it did 1 year ago.
The number of shares outstanding for OGC has been reduced compared to 5 years ago.
OGC has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 4.92 indicates that OGC is not in any danger for bankruptcy at the moment.
OGC has a Altman-Z score of 4.92. This is in the better half of the industry: OGC outperforms 62.45% of its industry peers.
The Debt to FCF ratio of OGC is 0.15, which is an excellent value as it means it would take OGC, only 0.15 years of fcf income to pay off all of its debts.
OGC has a Debt to FCF ratio of 0.15. This is amongst the best in the industry. OGC outperforms 96.97% of its industry peers.
OGC has a Debt/Equity ratio of 0.02. This is a healthy value indicating a solid balance between debt and equity.
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 | 0.15 | ||
| Altman-Z | 4.92 |
ROIC/WACC1.73
WACC9.43%
2.3 Liquidity
A Current Ratio of 1.46 indicates that OGC should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.46, OGC is in line with its industry, outperforming 48.93% of the companies in the same industry.
OGC has a Quick Ratio of 1.46. 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 (0.89) which is comparable to the rest of the industry.
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 | 1.46 | ||
| Quick Ratio | 0.89 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 14000.00% over the past year.
The Earnings Per Share has been growing by 60.35% on average over the past years. This is a very strong growth
Looking at the last year, OGC shows a very strong growth in Revenue. The Revenue has grown by 56.03%.
OGC shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 14.72% yearly.
EPS 1Y (TTM)14000%
EPS 3Y55.85%
EPS 5Y60.35%
EPS Q2Q%1125%
Revenue 1Y (TTM)56.03%
Revenue growth 3Y20.22%
Revenue growth 5Y14.72%
Sales Q2Q%72.13%
3.2 Future
Based on estimates for the next years, OGC will show a small growth in Earnings Per Share. The EPS will grow by 2.37% on average per year.
OGC is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 13.12% yearly.
EPS Next Y275.19%
EPS Next 2Y136.77%
EPS Next 3Y65.52%
EPS Next 5Y2.37%
Revenue Next Year32.04%
Revenue Next 2Y27.53%
Revenue Next 3Y13.12%
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 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 12.53 indicates a correct valuation of OGC.
Compared to the rest of the industry, the Price/Earnings ratio of OGC indicates a rather cheap valuation: OGC is cheaper than 94.31% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.17, OGC is valued rather cheaply.
OGC is valuated cheaply with a Price/Forward Earnings ratio of 5.95.
Based on the Price/Forward Earnings ratio, OGC is valued cheaply inside the industry as 96.21% of the companies are valued more expensively.
OGC is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.78, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.53 | ||
| Fwd PE | 5.95 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of OGC indicates a rather cheap valuation: OGC is cheaper than 96.59% of the companies listed in the same industry.
OGC's Price/Free Cash Flow ratio is rather cheap when compared to the industry. OGC is cheaper than 97.22% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.23 | ||
| EV/EBITDA | 4.65 |
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.
OGC has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as OGC's earnings are expected to grow with 65.52% in the coming years.
PEG (NY)0.05
PEG (5Y)0.21
EPS Next 2Y136.77%
EPS Next 3Y65.52%
5. Dividend
5.1 Amount
OGC has a yearly dividend return of 0.12%, which is pretty low.
OGC's Dividend Yield is rather good when compared to the industry average which is at 18.57. OGC pays more dividend than 94.06% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.34, OGC's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.12% |
5.2 History
OGC has been paying a dividend for over 5 years, so it has already some track record.
The dividend of OGC decreased in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years2
5.3 Sustainability
5.61% of the earnings are spent on dividend by OGC. This is a low number and sustainable payout ratio.
DP5.61%
EPS Next 2Y136.77%
EPS Next 3Y65.52%
TSX:OGC (8/28/2025, 7:00:00 PM)
24.31
+0.33 (+1.38%)
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 Cap5.61B
Analysts80
Price Target26.85 (10.45%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.12% |
Yearly Dividend0.08
Dividend Growth(5Y)N/A
DP5.61%
Div Incr Years1
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)48.22%
Min EPS beat(2)20.98%
Max EPS beat(2)75.46%
EPS beat(4)2
Avg EPS beat(4)17.68%
Min EPS beat(4)-25.04%
Max EPS beat(4)75.46%
EPS beat(8)2
Avg EPS beat(8)-44.87%
EPS beat(12)5
Avg EPS beat(12)-23.39%
EPS beat(16)8
Avg EPS beat(16)-6.96%
Revenue beat(2)2
Avg Revenue beat(2)9.13%
Min Revenue beat(2)3.78%
Max Revenue beat(2)14.48%
Revenue beat(4)2
Avg Revenue beat(4)1.97%
Min Revenue beat(4)-8.78%
Max Revenue beat(4)14.48%
Revenue beat(8)3
Avg Revenue beat(8)-1.93%
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)17.13%
PT rev (3m)312.94%
EPS NQ rev (1m)-7.21%
EPS NQ rev (3m)309.13%
EPS NY rev (1m)379.41%
EPS NY rev (3m)379.41%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-9.42%
Revenue NY rev (1m)10.3%
Revenue NY rev (3m)10.3%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.53 | ||
| Fwd PE | 5.95 | ||
| P/S | 2.61 | ||
| P/FCF | 10.23 | ||
| P/OCF | 5.04 | ||
| P/B | 2.01 | ||
| P/tB | 2.01 | ||
| EV/EBITDA | 4.65 |
EPS(TTM)1.94
EY7.98%
EPS(NY)4.09
Fwd EY16.81%
FCF(TTM)2.38
FCFY9.78%
OCF(TTM)4.82
OCFY19.84%
SpS9.33
BVpS12.11
TBVpS12.11
PEG (NY)0.05
PEG (5Y)0.21
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.51% | ||
| ROE | 18.5% | ||
| ROCE | 22.06% | ||
| ROIC | 16.3% | ||
| ROICexc | 18.61% | ||
| ROICexgc | 18.61% | ||
| OM | 33.92% | ||
| PM (TTM) | 24.02% | ||
| GM | 59.82% | ||
| FCFM | 25.48% |
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 Turnover0.56
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.15 | ||
| Debt/EBITDA | 0.04 | ||
| Cap/Depr | 139.14% | ||
| Cap/Sales | 26.24% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 97.99% | ||
| Profit Quality | 106.09% | ||
| Current Ratio | 1.46 | ||
| Quick Ratio | 0.89 | ||
| Altman-Z | 4.92 |
F-Score8
WACC9.43%
ROIC/WACC1.73
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)14000%
EPS 3Y55.85%
EPS 5Y60.35%
EPS Q2Q%1125%
EPS Next Y275.19%
EPS Next 2Y136.77%
EPS Next 3Y65.52%
EPS Next 5Y2.37%
Revenue 1Y (TTM)56.03%
Revenue growth 3Y20.22%
Revenue growth 5Y14.72%
Sales Q2Q%72.13%
Revenue Next Year32.04%
Revenue Next 2Y27.53%
Revenue Next 3Y13.12%
Revenue Next 5YN/A
EBIT growth 1Y542.62%
EBIT growth 3Y23.18%
EBIT growth 5Y43.56%
EBIT Next Year210.58%
EBIT Next 3Y52.64%
EBIT Next 5Y9.32%
FCF growth 1Y695.81%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y117.5%
OCF growth 3Y31.46%
OCF growth 5Y23.79%