Royal Gold, Inc., together with its subsidiaries, acquires and manages precious metal streams, royalties, and related interests. More Details
Flawless balance sheet with solid track record.
Share Price & News
How has Royal Gold's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RGLD is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: RGLD's weekly volatility (4%) has been stable over the past year.
7 Day Return
US Metals and Mining
1 Year Return
US Metals and Mining
Return vs Industry: RGLD underperformed the US Metals and Mining industry which returned 27.2% over the past year.
Return vs Market: RGLD underperformed the US Market which returned 19% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Royal Gold's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StDid You Participate In Any Of Royal Gold's (NASDAQ:RGLD) Fantastic 254% Return ?
3 weeks ago | Simply Wall StDoes Royal Gold (NASDAQ:RGLD) Have A Healthy Balance Sheet?
1 month ago | Simply Wall StWhat Kind Of Investors Own Most Of Royal Gold, Inc. (NASDAQ:RGLD)?
Is Royal Gold undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: RGLD ($109.6) is trading above our estimate of fair value ($71.91)
Significantly Below Fair Value: RGLD is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: RGLD is poor value based on its PE Ratio (30.5x) compared to the US Metals and Mining industry average (19.3x).
PE vs Market: RGLD is poor value based on its PE Ratio (30.5x) compared to the US market (19.5x).
Price to Earnings Growth Ratio
PEG Ratio: RGLD's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: RGLD is overvalued based on its PB Ratio (3.1x) compared to the US Metals and Mining industry average (1.6x).
How is Royal Gold forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RGLD's earnings are forecast to decline over the next 3 years (-1% per year).
Earnings vs Market: RGLD's earnings are forecast to decline over the next 3 years (-1% per year).
High Growth Earnings: RGLD's earnings are forecast to decline over the next 3 years.
Revenue vs Market: RGLD's revenue (8% per year) is forecast to grow slower than the US market (10.2% per year).
High Growth Revenue: RGLD's revenue (8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RGLD's Return on Equity is forecast to be low in 3 years time (9.2%).
How has Royal Gold performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RGLD has high quality earnings.
Growing Profit Margin: RGLD's current net profit margins (45.1%) are higher than last year (34.1%).
Past Earnings Growth Analysis
Earnings Trend: RGLD has become profitable over the past 5 years, growing earnings by 41.5% per year.
Accelerating Growth: RGLD's earnings growth over the past year (57.8%) exceeds its 5-year average (41.5% per year).
Earnings vs Industry: RGLD earnings growth over the past year (57.8%) exceeded the Metals and Mining industry -12.4%.
Return on Equity
High ROE: RGLD's Return on Equity (9.9%) is considered low.
How is Royal Gold's financial position?
Financial Position Analysis
Short Term Liabilities: RGLD's short term assets ($469.8M) exceed its short term liabilities ($56.1M).
Long Term Liabilities: RGLD's short term assets ($469.8M) exceed its long term liabilities ($377.8M).
Debt to Equity History and Analysis
Debt Level: RGLD's debt to equity ratio (11.5%) is considered satisfactory.
Reducing Debt: RGLD's debt to equity ratio has reduced from 28.6% to 11.5% over the past 5 years.
Debt Coverage: RGLD's debt is well covered by operating cash flow (134.3%).
Interest Coverage: RGLD's interest payments on its debt are well covered by EBIT (30.4x coverage).
What is Royal Gold current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: RGLD's dividend (1.09%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.5%).
High Dividend: RGLD's dividend (1.09%) is low compared to the top 25% of dividend payers in the US market (4.15%).
Stability and Growth of Payments
Stable Dividend: RGLD's dividends per share have been stable in the past 10 years.
Growing Dividend: RGLD's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (31.7%), RGLD's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Bill Heissenbuttel (55 yo)
Mr. William H. Heissenbuttel, also known as Bill, serves as President, Chief Executive Officer and Director of Royal Gold, Inc. since January 02, 2020. Mr. Heissenbuttel was the Chief Financial Officer and...
CEO Compensation Analysis
Compensation vs Market: Bill's total compensation ($USD2.40M) is below average for companies of similar size in the US market ($USD6.90M).
Compensation vs Earnings: Bill's compensation has increased by more than 20% in the past year.
|CFO & Treasurer||0.83yr||US$968.02k||0.020% |
|Executive VP & COO||4.42yrs||US$1.73m||0.020% |
|VP & General Counsel||0.83yr||US$891.43k||0.011% |
|Vice President of Corporate Development at RGLD Gold AG||2.17yrs||US$1.28m||0% |
|Vice President of Investor Relations & Business Development||no data||no data||no data|
|Assistant General Counsel||no data||no data||0.0017% |
Experienced Management: RGLD's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
|Independent Director||5.25yrs||US$247.62k||0.014% |
|Independent Director||3.83yrs||US$262.62k||0.0023% |
|Independent Chairman of the Board||6.5yrs||US$377.62k||0.013% |
|Independent Director||6.5yrs||US$247.62k||0.062% |
|Independent Director||7.58yrs||US$277.62k||0.011% |
|Independent Director||6.67yrs||US$262.62k||0.016% |
|Independent Director||no data||no data||no data|
Experienced Board: RGLD's board of directors are considered experienced (6.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Royal Gold, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Royal Gold, Inc.
- Ticker: RGLD
- Exchange: NasdaqGS
- Founded: 1981
- Industry: Gold
- Sector: Materials
- Market Cap: US$7.190b
- Shares outstanding: 65.60m
- Website: https://www.royalgold.com
Number of Employees
- Royal Gold, Inc.
- 1144 15th Street
- Suite 2500
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|RGLD||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Jun 1981|
|RG3||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jun 1981|
|0KXS||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Jun 1981|
|RGLD *||BMV (Bolsa Mexicana de Valores)||Yes||Common Stock||MX||MXN||Jun 1981|
Royal Gold, Inc., together with its subsidiaries, acquires and manages precious metal streams, royalties, and related interests. It focuses on acquiring stream and royalty interests or to finance projects ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/24 00:09|
|End of Day Share Price||2020/11/23 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.