OR ROYALTIES INC (OR) Stock Fundamental Analysis
NYSE:OR - CA68827L1013 - Common Stock
30.87 USD
+0.22 (+0.72%)
30.87 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to OR. OR was compared to 155 industry peers in the Metals & Mining industry. Both the health and profitability get an excellent rating, making OR a very profitable company, without any liquidiy or solvency issues. OR has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
OR had positive earnings in the past year.
In the past year OR had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: OR reported negative net income in multiple years.
Each year in the past 5 years OR had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 5.45%, OR is in the better half of the industry, outperforming 74.36% of the companies in the same industry.
OR's Return On Equity of 6.09% is fine compared to the rest of the industry. OR outperforms 69.87% of its industry peers.
OR's Return On Invested Capital of 8.12% is fine compared to the rest of the industry. OR outperforms 73.08% of its industry peers.
OR had an Average Return On Invested Capital over the past 3 years of 5.92%. This is significantly below the industry average of 12.74%.
The 3 year average ROIC (5.92%) for OR is below the current ROIC(8.12%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.45% | ||
| ROE | 6.09% | ||
| ROIC | 8.12% |
ROA(3y)-2.43%
ROA(5y)-1.51%
ROE(3y)-2.82%
ROE(5y)-1.79%
ROIC(3y)5.92%
ROIC(5y)4.66%
1.3 Margins
OR's Profit Margin of 36.77% is amongst the best of the industry. OR outperforms 94.87% of its industry peers.
OR has a better Operating Margin (68.35%) than 98.72% of its industry peers.
In the last couple of years the Operating Margin of OR has grown nicely.
OR has a better Gross Margin (81.43%) than 98.72% of its industry peers.
OR's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 68.35% | ||
| PM (TTM) | 36.77% | ||
| GM | 81.43% |
OM growth 3Y23.11%
OM growth 5Y37.88%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y8.75%
GM growth 5Y30.4%
2. Health
2.1 Basic Checks
OR has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for OR has been increased compared to 1 year ago.
OR has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, OR has an improved debt to assets ratio.
2.2 Solvency
OR has an Altman-Z score of 23.14. This indicates that OR is financially healthy and has little risk of bankruptcy at the moment.
OR has a Altman-Z score of 23.14. This is amongst the best in the industry. OR outperforms 85.90% of its industry peers.
The Debt to FCF ratio of OR is 0.48, which is an excellent value as it means it would take OR, only 0.48 years of fcf income to pay off all of its debts.
OR has a better Debt to FCF ratio (0.48) than 92.31% of its industry peers.
OR has a Debt/Equity ratio of 0.03. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.03, OR is in the better half of the industry, outperforming 69.23% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.48 | ||
| Altman-Z | 23.14 |
ROIC/WACC0.87
WACC9.33%
2.3 Liquidity
OR has a Current Ratio of 4.73. This indicates that OR is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 4.73, OR belongs to the top of the industry, outperforming 82.69% of the companies in the same industry.
OR has a Quick Ratio of 4.73. This indicates that OR is financially healthy and has no problem in meeting its short term obligations.
With an excellent Quick ratio value of 4.73, OR belongs to the best of the industry, outperforming 84.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.73 | ||
| Quick Ratio | 4.73 |
3. Growth
3.1 Past
OR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 27.26%, which is quite impressive.
The Earnings Per Share has been growing by 18.35% on average over the past years. This is quite good.
Looking at the last year, OR shows a decrease in Revenue. The Revenue has decreased by -9.02% in the last year.
Measured over the past years, OR shows a very negative growth in Revenue. The Revenue has been decreasing by -13.41% on average per year.
EPS 1Y (TTM)27.26%
EPS 3Y21.77%
EPS 5Y18.35%
EPS Q2Q%38.33%
Revenue 1Y (TTM)-9.02%
Revenue growth 3Y-5.27%
Revenue growth 5Y-13.41%
Sales Q2Q%28.83%
3.2 Future
Based on estimates for the next years, OR will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.18% on average per year.
The Revenue is expected to decrease by -11.26% on average over the next years. This is quite bad
EPS Next Y38.69%
EPS Next 2Y24.94%
EPS Next 3Y22.74%
EPS Next 5Y12.18%
Revenue Next Year-16.55%
Revenue Next 2Y-3.13%
Revenue Next 3Y4.27%
Revenue Next 5Y-11.26%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past 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
With a Price/Earnings ratio of 39.08, OR can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Earnings ratio of OR indicates a somewhat cheap valuation: OR is cheaper than 62.18% of the companies listed in the same industry.
OR is valuated rather expensively when we compare the Price/Earnings ratio to 27.24, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 30.42, OR can be considered very expensive at the moment.
The rest of the industry has a similar Price/Forward Earnings ratio as OR.
OR is valuated rather expensively when we compare the Price/Forward Earnings ratio to 22.81, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.08 | ||
| Fwd PE | 30.42 |
4.2 Price Multiples
OR's Enterprise Value to EBITDA ratio is in line with the industry average.
OR's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. OR is cheaper than 64.74% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 67.16 | ||
| EV/EBITDA | 31.83 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of OR may justify a higher PE ratio.
A more expensive valuation may be justified as OR's earnings are expected to grow with 22.74% in the coming years.
PEG (NY)1.01
PEG (5Y)2.13
EPS Next 2Y24.94%
EPS Next 3Y22.74%
5. Dividend
5.1 Amount
With a yearly dividend of 0.52%, OR is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 2.59, OR pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.34, OR's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.52% |
5.2 History
The dividend of OR decreases each year by -1.32%.
OR has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of OR decreased recently.
Dividend Growth(5Y)-1.32%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
39.84% of the earnings are spent on dividend by OR. This is a low number and sustainable payout ratio.
DP39.84%
EPS Next 2Y24.94%
EPS Next 3Y22.74%
30.87
+0.22 (+0.72%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners80.78%
Inst Owner Change1.79%
Ins Owners0.22%
Ins Owner ChangeN/A
Market Cap5.81B
Analysts78.82
Price Target30.57 (-0.97%)
Short Float %1.59%
Short Ratio3.51
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.52% |
Yearly Dividend0.16
Dividend Growth(5Y)-1.32%
DP39.84%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)29.21%
Min EPS beat(2)20.76%
Max EPS beat(2)37.67%
EPS beat(4)3
Avg EPS beat(4)4.06%
Min EPS beat(4)-44.52%
Max EPS beat(4)37.67%
EPS beat(8)6
Avg EPS beat(8)2.86%
EPS beat(12)10
Avg EPS beat(12)15.59%
EPS beat(16)11
Avg EPS beat(16)-6.67%
Revenue beat(2)2
Avg Revenue beat(2)12.94%
Min Revenue beat(2)9.75%
Max Revenue beat(2)16.13%
Revenue beat(4)2
Avg Revenue beat(4)-2.07%
Min Revenue beat(4)-26.88%
Max Revenue beat(4)16.13%
Revenue beat(8)2
Avg Revenue beat(8)-3.19%
Revenue beat(12)2
Avg Revenue beat(12)-3.2%
Revenue beat(16)4
Avg Revenue beat(16)-0.7%
PT rev (1m)14.35%
PT rev (3m)24.7%
EPS NQ rev (1m)2.85%
EPS NQ rev (3m)-3.85%
EPS NY rev (1m)6.46%
EPS NY rev (3m)6.46%
Revenue NQ rev (1m)31.16%
Revenue NQ rev (3m)31.16%
Revenue NY rev (1m)-4.71%
Revenue NY rev (3m)-4.71%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.08 | ||
| Fwd PE | 30.42 | ||
| P/S | 27.19 | ||
| P/FCF | 67.16 | ||
| P/OCF | 31.72 | ||
| P/B | 4.5 | ||
| P/tB | 4.81 | ||
| EV/EBITDA | 31.83 |
EPS(TTM)0.79
EY2.56%
EPS(NY)1.01
Fwd EY3.29%
FCF(TTM)0.46
FCFY1.49%
OCF(TTM)0.97
OCFY3.15%
SpS1.14
BVpS6.86
TBVpS6.42
PEG (NY)1.01
PEG (5Y)2.13
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.45% | ||
| ROE | 6.09% | ||
| ROCE | 10.28% | ||
| ROIC | 8.12% | ||
| ROICexc | 8.72% | ||
| ROICexgc | 9.3% | ||
| OM | 68.35% | ||
| PM (TTM) | 36.77% | ||
| GM | 81.43% | ||
| FCFM | 40.48% |
ROA(3y)-2.43%
ROA(5y)-1.51%
ROE(3y)-2.82%
ROE(5y)-1.79%
ROIC(3y)5.92%
ROIC(5y)4.66%
ROICexc(3y)6.24%
ROICexc(5y)4.97%
ROICexgc(3y)6.64%
ROICexgc(5y)5.28%
ROCE(3y)7.5%
ROCE(5y)5.9%
ROICexcg growth 3Y32.46%
ROICexcg growth 5Y27.14%
ROICexc growth 3Y32.42%
ROICexc growth 5Y27.22%
OM growth 3Y23.11%
OM growth 5Y37.88%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y8.75%
GM growth 5Y30.4%
F-Score6
Asset Turnover0.15
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.48 | ||
| Debt/EBITDA | 0.22 | ||
| Cap/Depr | 291.31% | ||
| Cap/Sales | 45.24% | ||
| Interest Coverage | 26.59 | ||
| Cash Conversion | 102.2% | ||
| Profit Quality | 110.08% | ||
| Current Ratio | 4.73 | ||
| Quick Ratio | 4.73 | ||
| Altman-Z | 23.14 |
F-Score6
WACC9.33%
ROIC/WACC0.87
Cap/Depr(3y)321.87%
Cap/Depr(5y)359.62%
Cap/Sales(3y)71.43%
Cap/Sales(5y)80.64%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)27.26%
EPS 3Y21.77%
EPS 5Y18.35%
EPS Q2Q%38.33%
EPS Next Y38.69%
EPS Next 2Y24.94%
EPS Next 3Y22.74%
EPS Next 5Y12.18%
Revenue 1Y (TTM)-9.02%
Revenue growth 3Y-5.27%
Revenue growth 5Y-13.41%
Sales Q2Q%28.83%
Revenue Next Year-16.55%
Revenue Next 2Y-3.13%
Revenue Next 3Y4.27%
Revenue Next 5Y-11.26%
EBIT growth 1Y5.99%
EBIT growth 3Y16.62%
EBIT growth 5Y19.4%
EBIT Next Year1.9%
EBIT Next 3Y7.9%
EBIT Next 5Y6.02%
FCF growth 1Y176.15%
FCF growth 3YN/A
FCF growth 5Y63.07%
OCF growth 1Y2.09%
OCF growth 3Y14.66%
OCF growth 5Y11.79%