244.4 USD
+15.09 (+6.58%)
244.5 USD
+0.1 (+0.04%)
Taking everything into account, RGLD scores 7 out of 10 in our fundamental rating. RGLD was compared to 157 industry peers in the Metals & Mining industry. RGLD scores excellent on profitability, but there are some minor concerns on its financial health. RGLD is not priced too expensively while it is growing strongly. Keep and eye on this one! With these ratings, RGLD could be worth investigating further for growth investing!.
1. Profitability
1.1 Basic Checks
In the past year RGLD was profitable.
RGLD had a positive operating cash flow in the past year.
In the past 5 years RGLD has always been profitable.
In the past 5 years RGLD always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of RGLD (10.75%) is better than 91.08% of its industry peers.
RGLD has a Return On Equity of 14.09%. This is amongst the best in the industry. RGLD outperforms 84.71% of its industry peers.
RGLD has a better Return On Invested Capital (10.72%) than 81.53% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for RGLD is below the industry average of 10.33%.
The 3 year average ROIC (8.30%) for RGLD is below the current ROIC(10.72%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.75% | ||
| ROE | 14.09% | ||
| ROIC | 10.72% |
ROA(3y)7.89%
ROA(5y)8.46%
ROE(3y)9.22%
ROE(5y)9.71%
ROIC(3y)8.3%
ROIC(5y)8.08%
1.3 Margins
RGLD has a better Profit Margin (55.97%) than 97.45% of its industry peers.
RGLD's Profit Margin has improved in the last couple of years.
The Operating Margin of RGLD (66.87%) is better than 98.09% of its industry peers.
In the last couple of years the Operating Margin of RGLD has grown nicely.
Looking at the Gross Margin, with a value of 86.83%, RGLD belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
In the last couple of years the Gross Margin of RGLD has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 66.87% | ||
| PM (TTM) | 55.97% | ||
| GM | 86.83% |
OM growth 3Y6.62%
OM growth 5Y12.44%
PM growth 3Y-2.05%
PM growth 5Y15.79%
GM growth 3Y0.68%
GM growth 5Y1.17%
2. Health
2.1 Basic Checks
RGLD has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
RGLD has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, RGLD has more shares outstanding
RGLD has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
An Altman-Z score of 12.73 indicates that RGLD is not in any danger for bankruptcy at the moment.
The Altman-Z score of RGLD (12.73) is better than 81.53% of its industry peers.
A Debt/Equity ratio of 0.23 indicates that RGLD is not too dependend on debt financing.
RGLD's Debt to Equity ratio of 0.23 is in line compared to the rest of the industry. RGLD outperforms 46.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 12.73 |
ROIC/WACC1.04
WACC10.26%
2.3 Liquidity
RGLD has a Current Ratio of 2.89. This indicates that RGLD is financially healthy and has no problem in meeting its short term obligations.
RGLD has a Current ratio (2.89) which is comparable to the rest of the industry.
RGLD has a Quick Ratio of 2.68. This indicates that RGLD is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 2.68, RGLD is in the better half of the industry, outperforming 67.52% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.89 | ||
| Quick Ratio | 2.68 |
3. Growth
3.1 Past
RGLD shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 53.06%, which is quite impressive.
The Earnings Per Share has been growing by 29.76% on average over the past years. This is a very strong growth
The Revenue has grown by 28.11% in the past year. This is a very strong growth!
Measured over the past years, RGLD shows a quite strong growth in Revenue. The Revenue has been growing by 11.20% on average per year.
EPS 1Y (TTM)53.06%
EPS 3Y13.16%
EPS 5Y29.76%
EPS Q2Q%40.14%
Revenue 1Y (TTM)28.11%
Revenue growth 3Y5.31%
Revenue growth 5Y11.2%
Sales Q2Q%30.04%
3.2 Future
The Earnings Per Share is expected to grow by 14.44% on average over the next years. This is quite good.
RGLD is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 26.48% yearly.
EPS Next Y54.99%
EPS Next 2Y48%
EPS Next 3Y29.98%
EPS Next 5Y14.44%
Revenue Next Year22.78%
Revenue Next 2Y42.21%
Revenue Next 3Y34.83%
Revenue Next 5Y26.48%
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 34.86, RGLD can be considered very expensive at the moment.
Based on the Price/Earnings ratio, RGLD is valued a bit cheaper than the industry average as 66.88% of the companies are valued more expensively.
RGLD's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 27.17.
With a Price/Forward Earnings ratio of 21.21, RGLD is valued on the expensive side.
RGLD's Price/Forward Earnings is on the same level as the industry average.
RGLD is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 23.79, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.86 | ||
| Fwd PE | 21.21 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of RGLD is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 30.13 |
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.
The excellent profitability rating of RGLD may justify a higher PE ratio.
A more expensive valuation may be justified as RGLD's earnings are expected to grow with 29.98% in the coming years.
PEG (NY)0.63
PEG (5Y)1.17
EPS Next 2Y48%
EPS Next 3Y29.98%
5. Dividend
5.1 Amount
RGLD has a yearly dividend return of 0.85%, which is pretty low.
Compared to an average industry Dividend Yield of 0.99, RGLD pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 1.94, RGLD's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.85% |
5.2 History
The dividend of RGLD is nicely growing with an annual growth rate of 9.20%!
RGLD has been paying a dividend for at least 10 years, so it has a reliable track record.
RGLD has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)9.2%
Div Incr Years9
Div Non Decr Years9
5.3 Sustainability
24.00% of the earnings are spent on dividend by RGLD. This is a low number and sustainable payout ratio.
RGLD's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP24%
EPS Next 2Y48%
EPS Next 3Y29.98%
244.4
+15.09 (+6.58%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners76.15%
Inst Owner Change0%
Ins Owners0.25%
Ins Owner Change-0.25%
Market Cap20.63B
Revenue(TTM)857.71M
Net Income(TTM)480.08M
Analysts80
Price Target256.21 (4.83%)
Short Float %2.54%
Short Ratio1.89
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.85% |
Yearly Dividend1.6
Dividend Growth(5Y)9.2%
DP24%
Div Incr Years9
Div Non Decr Years9
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)13.24%
Min EPS beat(2)4.95%
Max EPS beat(2)21.52%
EPS beat(4)4
Avg EPS beat(4)10.5%
Min EPS beat(4)4.95%
Max EPS beat(4)21.52%
EPS beat(8)7
Avg EPS beat(8)8.9%
EPS beat(12)8
Avg EPS beat(12)5.62%
EPS beat(16)10
Avg EPS beat(16)4.25%
Revenue beat(2)0
Avg Revenue beat(2)-6.05%
Min Revenue beat(2)-8.75%
Max Revenue beat(2)-3.35%
Revenue beat(4)2
Avg Revenue beat(4)0.55%
Min Revenue beat(4)-8.75%
Max Revenue beat(4)7.65%
Revenue beat(8)4
Avg Revenue beat(8)0.83%
Revenue beat(12)6
Avg Revenue beat(12)0.57%
Revenue beat(16)8
Avg Revenue beat(16)0.51%
PT rev (1m)1.21%
PT rev (3m)13.54%
EPS NQ rev (1m)1.91%
EPS NQ rev (3m)1.76%
EPS NY rev (1m)0.44%
EPS NY rev (3m)3.64%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)31.07%
Revenue NY rev (1m)0%
Revenue NY rev (3m)5.85%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.86 | ||
| Fwd PE | 21.21 | ||
| P/S | 24.05 | ||
| P/FCF | N/A | ||
| P/OCF | 34.14 | ||
| P/B | 6.06 | ||
| P/tB | 6.06 | ||
| EV/EBITDA | 30.13 |
EPS(TTM)7.01
EY2.87%
EPS(NY)11.52
Fwd EY4.71%
FCF(TTM)-7.19
FCFYN/A
OCF(TTM)7.16
OCFY2.93%
SpS10.16
BVpS40.36
TBVpS40.36
PEG (NY)0.63
PEG (5Y)1.17
Graham Number79.79
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.75% | ||
| ROE | 14.09% | ||
| ROCE | 13.14% | ||
| ROIC | 10.72% | ||
| ROICexc | 11.16% | ||
| ROICexgc | 11.16% | ||
| OM | 66.87% | ||
| PM (TTM) | 55.97% | ||
| GM | 86.83% | ||
| FCFM | N/A |
ROA(3y)7.89%
ROA(5y)8.46%
ROE(3y)9.22%
ROE(5y)9.71%
ROIC(3y)8.3%
ROIC(5y)8.08%
ROICexc(3y)8.68%
ROICexc(5y)8.66%
ROICexgc(3y)8.68%
ROICexgc(5y)8.66%
ROCE(3y)10.17%
ROCE(5y)9.91%
ROICexgc growth 3Y2.59%
ROICexgc growth 5Y18.62%
ROICexc growth 3Y2.59%
ROICexc growth 5Y18.62%
OM growth 3Y6.62%
OM growth 5Y12.44%
PM growth 3Y-2.05%
PM growth 5Y15.79%
GM growth 3Y0.68%
GM growth 5Y1.17%
F-Score7
Asset Turnover0.19
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 1.09 | ||
| Cap/Depr | 926.2% | ||
| Cap/Sales | 141.23% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 85.78% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.89 | ||
| Quick Ratio | 2.68 | ||
| Altman-Z | 12.73 |
F-Score7
WACC10.26%
ROIC/WACC1.04
Cap/Depr(3y)196.04%
Cap/Depr(5y)153.72%
Cap/Sales(3y)55.86%
Cap/Sales(5y)45.23%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)53.06%
EPS 3Y13.16%
EPS 5Y29.76%
EPS Q2Q%40.14%
EPS Next Y54.99%
EPS Next 2Y48%
EPS Next 3Y29.98%
EPS Next 5Y14.44%
Revenue 1Y (TTM)28.11%
Revenue growth 3Y5.31%
Revenue growth 5Y11.2%
Sales Q2Q%30.04%
Revenue Next Year22.78%
Revenue Next 2Y42.21%
Revenue Next 3Y34.83%
Revenue Next 5Y26.48%
EBIT growth 1Y52.48%
EBIT growth 3Y12.28%
EBIT growth 5Y25.03%
EBIT Next Year102.24%
EBIT Next 3Y52.42%
EBIT Next 5Y28.06%
FCF growth 1Y-393.89%
FCF growth 3Y21.32%
FCF growth 5Y11.11%
OCF growth 1Y45.34%
OCF growth 3Y9.15%
OCF growth 5Y15.9%
ROYAL GOLD INC / RGLD FAQ
What is the ChartMill fundamental rating of ROYAL GOLD INC (RGLD) stock?
ChartMill assigns a fundamental rating of 7 / 10 to RGLD.
What is the valuation status of ROYAL GOLD INC (RGLD) stock?
ChartMill assigns a valuation rating of 4 / 10 to ROYAL GOLD INC (RGLD). This can be considered as Fairly Valued.
Can you provide the profitability details for ROYAL GOLD INC?
ROYAL GOLD INC (RGLD) has a profitability rating of 9 / 10.
Can you provide the expected EPS growth for RGLD stock?
The Earnings per Share (EPS) of ROYAL GOLD INC (RGLD) is expected to grow by 54.99% in the next year.
How sustainable is the dividend of ROYAL GOLD INC (RGLD) stock?
The dividend rating of ROYAL GOLD INC (RGLD) is 6 / 10 and the dividend payout ratio is 24%.