OR ROYALTIES INC (OR) Stock Fundamental Analysis
NYSE:OR - New York Stock Exchange, Inc. - CA68827L1013 - Common Stock - Currency: USD
OR gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 156 industry peers in the Metals & Mining industry. OR scores excellent points on both the profitability and health parts. This is a solid base for a good stock. OR does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
OR had positive earnings in the past year.
OR had a positive operating cash flow in the past year.
In multiple years OR reported negative net income over the last 5 years.
OR had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
OR has a Return On Assets of 2.23%. This is in the better half of the industry: OR outperforms 66.67% of its industry peers.
Looking at the Return On Equity, with a value of 2.55%, OR is in the better half of the industry, outperforming 62.18% of the companies in the same industry.
With a decent Return On Invested Capital value of 7.83%, OR is doing good in the industry, outperforming 75.00% of the companies in the same industry.
OR had an Average Return On Invested Capital over the past 3 years of 5.92%. This is significantly below the industry average of 10.98%.
The 3 year average ROIC (5.92%) for OR is below the current ROIC(7.83%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.23% | ||
| ROE | 2.55% | ||
| ROIC | 7.83% |
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
The Profit Margin of OR (15.46%) is better than 83.97% of its industry peers.
OR has a Operating Margin of 68.06%. This is amongst the best in the industry. OR outperforms 99.36% of its industry peers.
In the last couple of years the Operating Margin of OR has grown nicely.
OR has a Gross Margin of 80.70%. This is amongst the best in the industry. OR outperforms 99.36% of its industry peers.
OR's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 68.06% | ||
| PM (TTM) | 15.46% | ||
| GM | 80.7% |
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), OR is destroying value.
OR has more shares outstanding than it did 1 year ago.
OR has more shares outstanding than it did 5 years ago.
OR has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 16.49 indicates that OR is not in any danger for bankruptcy at the moment.
OR's Altman-Z score of 16.49 is amongst the best of the industry. OR outperforms 85.90% of its industry peers.
The Debt to FCF ratio of OR is 1.04, which is an excellent value as it means it would take OR, only 1.04 years of fcf income to pay off all of its debts.
OR has a better Debt to FCF ratio (1.04) than 88.46% of its industry peers.
OR has a Debt/Equity ratio of 0.06. This is a healthy value indicating a solid balance between debt and equity.
OR has a better Debt to Equity ratio (0.06) than 64.74% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 1.04 | ||
| Altman-Z | 16.49 |
ROIC/WACC1
WACC7.85%
2.3 Liquidity
A Current Ratio of 4.98 indicates that OR has no problem at all paying its short term obligations.
With an excellent Current ratio value of 4.98, OR belongs to the best of the industry, outperforming 82.69% of the companies in the same industry.
OR has a Quick Ratio of 4.98. This indicates that OR is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 4.98, OR belongs to the top of the industry, outperforming 85.26% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.98 | ||
| Quick Ratio | 4.98 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 4.84% over the past year.
Measured over the past years, OR shows a quite strong growth in Earnings Per Share. The EPS has been growing by 18.35% on average per year.
OR shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -19.45%.
OR shows a very negative growth in Revenue. Measured over the last years, the Revenue has been decreasing by -13.41% yearly.
EPS 1Y (TTM)4.84%
EPS 3Y21.77%
EPS 5Y18.35%
EPS Q2Q%0%
Revenue 1Y (TTM)-19.45%
Revenue growth 3Y-5.27%
Revenue growth 5Y-13.41%
Sales Q2Q%-9.6%
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 11.16% on average per year.
Based on estimates for the next years, OR will show a very negative growth in Revenue. The Revenue will decrease by -13.21% on average per year.
EPS Next Y30.28%
EPS Next 2Y23.92%
EPS Next 3Y15.48%
EPS Next 5Y11.16%
Revenue Next Year-12.42%
Revenue Next 2Y-3.41%
Revenue Next 3Y0.16%
Revenue Next 5Y-13.21%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 39.57, which means the current valuation is very expensive for OR.
The rest of the industry has a similar Price/Earnings ratio as OR.
Compared to an average S&P500 Price/Earnings ratio of 26.69, OR is valued a bit more expensive.
With a Price/Forward Earnings ratio of 25.77, OR can be considered very expensive at the moment.
OR's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of OR to the average of the S&P500 Index (21.29), we can say OR is valued slightly more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.57 | ||
| Fwd PE | 25.77 |
4.2 Price Multiples
OR's Enterprise Value to EBITDA ratio is in line with the industry average.
Based on the Price/Free Cash Flow ratio, OR is valued a bit cheaper than 63.46% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 62.71 | ||
| EV/EBITDA | 28.85 |
4.3 Compensation for Growth
OR's 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 15.48% in the coming years.
PEG (NY)1.31
PEG (5Y)2.16
EPS Next 2Y23.92%
EPS Next 3Y15.48%
5. Dividend
5.1 Amount
OR has a yearly dividend return of 0.62%, which is pretty low.
OR's Dividend Yield is a higher than the industry average which is at 2.96.
Compared to an average S&P500 Dividend Yield of 2.43, OR's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.62% |
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
90.14% of the earnings are spent on dividend by OR. This is not a sustainable payout ratio.
DP90.14%
EPS Next 2Y23.92%
EPS Next 3Y15.48%
25.72
+0.27 (+1.06%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners80.78%
Inst Owner Change-2.48%
Ins Owners0.22%
Ins Owner ChangeN/A
Market Cap4.82B
Analysts78.82
Price Target25.85 (0.51%)
Short Float %1.07%
Short Ratio2.08
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.62% |
Yearly Dividend0.16
Dividend Growth(5Y)-1.32%
DP90.14%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-24.38%
Min EPS beat(2)-44.52%
Max EPS beat(2)-4.23%
EPS beat(4)2
Avg EPS beat(4)-10.12%
Min EPS beat(4)-44.52%
Max EPS beat(4)5.97%
EPS beat(8)5
Avg EPS beat(8)-0.83%
EPS beat(12)8
Avg EPS beat(12)-1.18%
EPS beat(16)10
Avg EPS beat(16)-9.81%
Revenue beat(2)0
Avg Revenue beat(2)-22.98%
Min Revenue beat(2)-26.88%
Max Revenue beat(2)-19.07%
Revenue beat(4)0
Avg Revenue beat(4)-15.15%
Min Revenue beat(4)-26.88%
Max Revenue beat(4)-7.26%
Revenue beat(8)0
Avg Revenue beat(8)-9.48%
Revenue beat(12)1
Avg Revenue beat(12)-5.28%
Revenue beat(16)3
Avg Revenue beat(16)-3.34%
PT rev (1m)5.46%
PT rev (3m)15.83%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-3.66%
EPS NY rev (1m)0%
EPS NY rev (3m)-14.89%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.64%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.57 | ||
| Fwd PE | 25.77 | ||
| P/S | 24.09 | ||
| P/FCF | 62.71 | ||
| P/OCF | 30.98 | ||
| P/B | 3.97 | ||
| P/tB | 4.24 | ||
| EV/EBITDA | 28.85 |
EPS(TTM)0.65
EY2.53%
EPS(NY)1
Fwd EY3.88%
FCF(TTM)0.41
FCFY1.59%
OCF(TTM)0.83
OCFY3.23%
SpS1.07
BVpS6.48
TBVpS6.06
PEG (NY)1.31
PEG (5Y)2.16
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.23% | ||
| ROE | 2.55% | ||
| ROCE | 9.91% | ||
| ROIC | 7.83% | ||
| ROICexc | 8.2% | ||
| ROICexgc | 8.72% | ||
| OM | 68.06% | ||
| PM (TTM) | 15.46% | ||
| GM | 80.7% | ||
| FCFM | 38.41% |
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-Score8
Asset Turnover0.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 1.04 | ||
| Debt/EBITDA | 0.48 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 93.76% | ||
| Profit Quality | 248.41% | ||
| Current Ratio | 4.98 | ||
| Quick Ratio | 4.98 | ||
| Altman-Z | 16.49 |
F-Score8
WACC7.85%
ROIC/WACC1
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)4.84%
EPS 3Y21.77%
EPS 5Y18.35%
EPS Q2Q%0%
EPS Next Y30.28%
EPS Next 2Y23.92%
EPS Next 3Y15.48%
EPS Next 5Y11.16%
Revenue 1Y (TTM)-19.45%
Revenue growth 3Y-5.27%
Revenue growth 5Y-13.41%
Sales Q2Q%-9.6%
Revenue Next Year-12.42%
Revenue Next 2Y-3.41%
Revenue Next 3Y0.16%
Revenue Next 5Y-13.21%
EBIT growth 1Y-3.27%
EBIT growth 3Y16.62%
EBIT growth 5Y19.4%
EBIT Next Year1.9%
EBIT Next 3Y7.9%
EBIT Next 5Y6.02%
FCF growth 1Y157.11%
FCF growth 3YN/A
FCF growth 5Y63.07%
OCF growth 1Y18.09%
OCF growth 3Y14.66%
OCF growth 5Y11.79%