ROYAL GOLD INC (RGLD) Stock Fundamental Analysis
NASDAQ:RGLD - Nasdaq - US7802871084 - Common Stock - Currency: USD
Overall RGLD gets a fundamental rating of 7 out of 10. We evaluated RGLD against 153 industry peers in the Metals & Mining industry. RGLD scores excellent points on both the profitability and health parts. This is a solid base for a good stock. RGLD is not valued too expensively and it also shows a decent growth rate. This makes RGLD very considerable for quality investing!
1. Profitability
1.1 Basic Checks
RGLD had positive earnings in the past year.
RGLD had a positive operating cash flow in the past year.
RGLD had positive earnings in each of the past 5 years.
RGLD had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
RGLD has a better Return On Assets (9.79%) than 88.89% of its industry peers.
RGLD has a Return On Equity of 10.65%. This is in the better half of the industry: RGLD outperforms 79.08% of its industry peers.
Looking at the Return On Invested Capital, with a value of 10.60%, RGLD belongs to the top of the industry, outperforming 87.58% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for RGLD is in line with the industry average of 8.53%.
The 3 year average ROIC (8.30%) for RGLD is below the current ROIC(10.60%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.79% | ||
| ROE | 10.65% | ||
| ROIC | 10.6% |
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's Profit Margin of 46.15% is amongst the best of the industry. RGLD outperforms 98.04% of its industry peers.
RGLD's Profit Margin has improved in the last couple of years.
RGLD's Operating Margin of 59.76% is amongst the best of the industry. RGLD outperforms 98.04% of its industry peers.
In the last couple of years the Operating Margin of RGLD has grown nicely.
The Gross Margin of RGLD (85.52%) is better than 100.00% of its industry peers.
RGLD's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 59.76% | ||
| PM (TTM) | 46.15% | ||
| GM | 85.52% |
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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), RGLD is creating some value.
The number of shares outstanding for RGLD remains at a similar level compared to 1 year ago.
The number of shares outstanding for RGLD has been increased compared to 5 years ago.
There is no outstanding debt for RGLD. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
RGLD has an Altman-Z score of 26.81. This indicates that RGLD is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 26.81, RGLD belongs to the best of the industry, outperforming 88.89% of the companies in the same industry.
RGLD has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 26.81 |
ROIC/WACC1.06
WACC10.02%
2.3 Liquidity
RGLD has a Current Ratio of 3.23. This indicates that RGLD is financially healthy and has no problem in meeting its short term obligations.
RGLD's Current ratio of 3.23 is fine compared to the rest of the industry. RGLD outperforms 69.28% of its industry peers.
A Quick Ratio of 3.08 indicates that RGLD has no problem at all paying its short term obligations.
The Quick ratio of RGLD (3.08) is better than 76.47% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.23 | ||
| Quick Ratio | 3.08 |
3. Growth
3.1 Past
RGLD shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 48.17%, which is quite impressive.
Measured over the past years, RGLD shows a very strong growth in Earnings Per Share. The EPS has been growing by 29.76% on average per year.
RGLD shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 18.78%.
RGLD shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.20% yearly.
EPS 1Y (TTM)48.17%
EPS 3Y13.16%
EPS 5Y29.76%
EPS Q2Q%71.58%
Revenue 1Y (TTM)18.78%
Revenue growth 3Y5.31%
Revenue growth 5Y11.2%
Sales Q2Q%32.68%
3.2 Future
RGLD is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 11.29% yearly.
The Revenue is expected to grow by 6.16% on average over the next years.
EPS Next Y24.97%
EPS Next 2Y21.61%
EPS Next 3Y12.91%
EPS Next 5Y11.29%
Revenue Next Year19.27%
Revenue Next 2Y17.11%
Revenue Next 3Y10.24%
Revenue Next 5Y6.16%
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 33.70 indicates a quite expensive valuation of RGLD.
Based on the Price/Earnings ratio, RGLD is valued a bit cheaper than 62.09% of the companies in the same industry.
When comparing the Price/Earnings ratio of RGLD to the average of the S&P500 Index (27.75), we can say RGLD is valued slightly more expensively.
With a Price/Forward Earnings ratio of 26.96, RGLD can be considered very expensive at the moment.
The rest of the industry has a similar Price/Forward Earnings ratio as RGLD.
When comparing the Price/Forward Earnings ratio of RGLD to the average of the S&P500 Index (20.49), we can say RGLD is valued slightly more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.7 | ||
| Fwd PE | 26.96 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as RGLD.
Based on the Price/Free Cash Flow ratio, RGLD is valued a bit cheaper than the industry average as 69.28% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.32 | ||
| EV/EBITDA | 20.07 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
RGLD has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as RGLD's earnings are expected to grow with 12.91% in the coming years.
PEG (NY)1.35
PEG (5Y)1.13
EPS Next 2Y21.61%
EPS Next 3Y12.91%
5. Dividend
5.1 Amount
RGLD has a yearly dividend return of 0.98%, which is pretty low.
RGLD's Dividend Yield is a higher than the industry average which is at 2.91.
Compared to an average S&P500 Dividend Yield of 2.44, RGLD's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.98% |
5.2 History
On average, the dividend of RGLD grows each year by 9.20%, which is quite nice.
RGLD has paid a dividend for at least 10 years, which is 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
RGLD pays out 31.70% of its income as dividend. This is a sustainable payout ratio.
The dividend of RGLD is growing, but earnings are growing more, so the dividend growth is sustainable.
DP31.7%
EPS Next 2Y21.61%
EPS Next 3Y12.91%
NASDAQ:RGLD (5/2/2025, 11:19:29 AM)
177.245
-0.84 (-0.47%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners88.27%
Inst Owner Change1.28%
Ins Owners0.29%
Ins Owner Change1.05%
Market Cap11.66B
Analysts77.65
Price Target192.78 (8.76%)
Short Float %2.92%
Short Ratio3.22
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.98% |
Yearly Dividend1.6
Dividend Growth(5Y)9.2%
DP31.7%
Div Incr Years9
Div Non Decr Years9
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)8.21%
Min EPS beat(2)7.66%
Max EPS beat(2)8.75%
EPS beat(4)3
Avg EPS beat(4)3.94%
Min EPS beat(4)-4.96%
Max EPS beat(4)8.75%
EPS beat(8)4
Avg EPS beat(8)2.9%
EPS beat(12)6
Avg EPS beat(12)2.26%
EPS beat(16)8
Avg EPS beat(16)1.43%
Revenue beat(2)2
Avg Revenue beat(2)4.64%
Min Revenue beat(2)2.62%
Max Revenue beat(2)6.67%
Revenue beat(4)2
Avg Revenue beat(4)1.07%
Min Revenue beat(4)-4.61%
Max Revenue beat(4)6.67%
Revenue beat(8)4
Avg Revenue beat(8)0.88%
Revenue beat(12)6
Avg Revenue beat(12)0.76%
Revenue beat(16)8
Avg Revenue beat(16)0.66%
PT rev (1m)10.2%
PT rev (3m)11%
EPS NQ rev (1m)3.07%
EPS NQ rev (3m)-9.89%
EPS NY rev (1m)3.96%
EPS NY rev (3m)-4.2%
Revenue NQ rev (1m)20.4%
Revenue NQ rev (3m)10.46%
Revenue NY rev (1m)0.01%
Revenue NY rev (3m)-4.78%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.7 | ||
| Fwd PE | 26.96 | ||
| P/S | 16.21 | ||
| P/FCF | 27.32 | ||
| P/OCF | 22.03 | ||
| P/B | 3.74 | ||
| P/tB | 3.74 | ||
| EV/EBITDA | 20.07 |
EPS(TTM)5.26
EY2.97%
EPS(NY)6.57
Fwd EY3.71%
FCF(TTM)6.49
FCFY3.66%
OCF(TTM)8.05
OCFY4.54%
SpS10.93
BVpS47.39
TBVpS47.39
PEG (NY)1.35
PEG (5Y)1.13
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.79% | ||
| ROE | 10.65% | ||
| ROCE | 13% | ||
| ROIC | 10.6% | ||
| ROICexc | 11.27% | ||
| ROICexgc | 11.27% | ||
| OM | 59.76% | ||
| PM (TTM) | 46.15% | ||
| GM | 85.52% | ||
| FCFM | 59.35% |
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%
ROICexcg growth 3Y2.59%
ROICexcg 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-Score9
Asset Turnover0.21
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 71.01% | ||
| Cap/Sales | 14.26% | ||
| Interest Coverage | 65.21 | ||
| Cash Conversion | 92.2% | ||
| Profit Quality | 128.59% | ||
| Current Ratio | 3.23 | ||
| Quick Ratio | 3.08 | ||
| Altman-Z | 26.81 |
F-Score9
WACC10.02%
ROIC/WACC1.06
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)48.17%
EPS 3Y13.16%
EPS 5Y29.76%
EPS Q2Q%71.58%
EPS Next Y24.97%
EPS Next 2Y21.61%
EPS Next 3Y12.91%
EPS Next 5Y11.29%
Revenue 1Y (TTM)18.78%
Revenue growth 3Y5.31%
Revenue growth 5Y11.2%
Sales Q2Q%32.68%
Revenue Next Year19.27%
Revenue Next 2Y17.11%
Revenue Next 3Y10.24%
Revenue Next 5Y6.16%
EBIT growth 1Y41.74%
EBIT growth 3Y12.28%
EBIT growth 5Y25.03%
EBIT Next Year59.58%
EBIT Next 3Y21.73%
EBIT Next 5Y14.53%
FCF growth 1Y3.35%
FCF growth 3Y21.32%
FCF growth 5Y11.11%
OCF growth 1Y27.35%
OCF growth 3Y9.15%
OCF growth 5Y15.9%