DRDGOLD
Market Cap
US$877.3m
Last Updated
2021/01/19 23:15 UTC
Data Sources
Company Financials +
Executive Summary
DRDGOLD Limited, a gold mining company, engages in the surface gold tailings retreatment business in South Africa. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with solid track record.
Similar Companies
Share Price & News
How has DRDGOLD's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DRD is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: DRD's weekly volatility (10%) has been stable over the past year.
Market Performance
7 Day Return
-5.9%
DRD
-1.9%
US Metals and Mining
0.3%
US Market
1 Year Return
79.0%
DRD
44.7%
US Metals and Mining
21.1%
US Market
Return vs Industry: DRD exceeded the US Metals and Mining industry which returned 39.6% over the past year.
Return vs Market: DRD exceeded the US Market which returned 19.5% over the past year.
Shareholder returns
| DRD | Industry | Market | |
|---|---|---|---|
| 7 Day | -5.9% | -1.9% | 0.3% |
| 30 Day | -11.8% | 9.7% | 3.3% |
| 90 Day | -16.4% | 25.8% | 14.2% |
| 1 Year | 86.3%79.0% | 48.0%44.7% | 23.8%21.1% |
| 3 Year | 248.0%224.4% | 25.4%17.1% | 45.0%35.4% |
| 5 Year | 313.6%255.1% | 216.3%185.3% | 127.7%102.3% |
Long-Term Price Volatility Vs. Market
How volatile is DRDGOLD's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Are Institutions Heavily Invested In DRDGOLD Limited's (NYSE:DRD) Shares?3 weeks ago | Simply Wall St
Here's Why We Think DRDGOLD (NYSE:DRD) Is Well Worth Watching1 month ago | Simply Wall St
DRDGOLD's (NYSE:DRD) Earnings Are Growing But Is There More To The Story?Valuation
Is DRDGOLD undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: DRD ($10.51) is trading below our estimate of fair value ($42.86)
Significantly Below Fair Value: DRD is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: DRD is good value based on its PE Ratio (19.1x) compared to the US Metals and Mining industry average (20.5x).
PE vs Market: DRD is good value based on its PE Ratio (19.1x) compared to the US market (21x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate DRD's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: DRD is overvalued based on its PB Ratio (3.3x) compared to the US Metals and Mining industry average (1.7x).
Next Steps
Future Growth
How is DRDGOLD forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
23.1%
Forecasted Materials industry annual growth in earnings
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if DRD's forecast earnings growth is above the savings rate (2%).
Earnings vs Market: Insufficient data to determine if DRD's earnings are forecast to grow faster than the US market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: Insufficient data to determine if DRD's revenue is forecast to grow faster than the US market.
High Growth Revenue: Insufficient data to determine if DRD's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if DRD's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has DRDGOLD performed over the past 5 years?
49.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DRD has high quality earnings.
Growing Profit Margin: DRD's current net profit margins (15.2%) are higher than last year (2.9%).
Past Earnings Growth Analysis
Earnings Trend: DRD's earnings have grown significantly by 49.6% per year over the past 5 years.
Accelerating Growth: DRD's earnings growth over the past year (688.2%) exceeds its 5-year average (49.6% per year).
Earnings vs Industry: DRD earnings growth over the past year (688.2%) exceeded the Metals and Mining industry -12.6%.
Return on Equity
High ROE: DRD's Return on Equity (15.7%) is considered low.
Next Steps
Financial Health
How is DRDGOLD's financial position?
Financial Position Analysis
Short Term Liabilities: DRD's short term assets (ZAR2.2B) exceed its short term liabilities (ZAR745.9M).
Long Term Liabilities: DRD's short term assets (ZAR2.2B) exceed its long term liabilities (ZAR889.1M).
Debt to Equity History and Analysis
Debt Level: DRD is debt free.
Reducing Debt: DRD has no debt compared to 5 years ago when its debt to equity ratio was 1.5%.
Debt Coverage: DRD has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: DRD has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is DRDGOLD current dividend yield, its reliability and sustainability?
5.40%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: DRD's dividend (5.4%) is higher than the bottom 25% of dividend payers in the US market (1.39%).
High Dividend: DRD's dividend (5.4%) is in the top 25% of dividend payers in the US market (3.85%)
Stability and Growth of Payments
Stable Dividend: DRD's dividend payments have been volatile in the past 10 years.
Growing Dividend: DRD's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (103.1%), DRD's dividend payments are not 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.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
7.5yrs
Average management tenure
CEO
Niel Pretorius (53 yo)
12yrs
Tenure
R18,595,000
Compensation
Mr. Daniel Johannes Pretorius, also known as Niel, B.Proc., LLB, LLM, serves as Chief Executive Officer at DRDGOLD Ltd. since January 1, 2009. Mr. Pretorius served as the Chief Executive Officer of Ergo Mi...
CEO Compensation Analysis
Compensation vs Market: Niel's total compensation ($USD1.24M) is below average for companies of similar size in the US market ($USD2.40M).
Compensation vs Earnings: Niel's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 12yrs | R18.60m | 0.059% ZAR 513.2k | |
| CFO & Executive Director | 6yrs | R10.46m | 0.023% ZAR 205.2k | |
| Operations Director of Ergo Mining Operations Proprietary Limited | no data | R10.26m | no data | |
| Company Secretary | 1.25yrs | R2.23m | no data | |
| Group Financial Accountant | no data | no data | no data | |
| Managing Director of Far West Gold Recoveries Proprietary Limited | 2.42yrs | no data | no data | |
| Managing Director of Ergo Mining Operations Proprietary Limited | 9.25yrs | no data | no data | |
| Financial Director of Ergo Mining Operations Proprietary Limited | 9yrs | no data | no data | |
| Financial Director of Far West Gold Recoveries Proprietary Limited | no data | no data | no data |
7.5yrs
Average Tenure
48.5yo
Average Age
Experienced Management: DRD's management team is seasoned and experienced (7.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 12yrs | R18.60m | 0.059% ZAR 513.2k | |
| CFO & Executive Director | 6yrs | R10.46m | 0.023% ZAR 205.2k | |
| Independent Non-Executive Chairman | 15yrs | R1.57m | 0.023% ZAR 205.2k | |
| Non-Executive Director | 0.42yr | no data | no data | |
| Independent Non-Executive Director | 2.17yrs | R685.00k | no data | |
| Lead Independent Non-Executive Director | 3.42yrs | R861.00k | no data | |
| Chairman of ERGO Mining Operations (Proprietary) Limited | no data | no data | no data | |
| Independent Non-Executive Director | 6.75yrs | R714.00k | no data | |
| Independent Non-Executive Director | 4.08yrs | R728.00k | no data | |
| Independent Non-Executive Director | 1.08yrs | R705.00k | no data | |
| Independent Non-Executive Director | 0.42yr | no data | no data |
3.8yrs
Average Tenure
53yo
Average Age
Experienced Board: DRD's board of directors are considered experienced (3.8 years average tenure).
Ownership
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.
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 24.5%.
Top Shareholders
Company Information
DRDGOLD Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: DRDGOLD Limited
- Ticker: DRD
- Exchange: NYSE
- Founded: 1895
- Industry: Gold
- Sector: Materials
- Market Cap: US$877.347m
- Shares outstanding: 85.51m
- Website: https://www.drdgold.com
Number of Employees
Location
- DRDGOLD Limited
- Cycad House, Building 17
- Ground Floor
- Johannesburg
- Gauteng
- 1709
- South Africa
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| DUBA | DB (Deutsche Boerse AG) | Yes | SPON ADR REPSTG | DE | EUR | Jan 1975 |
| DRD | NYSE (New York Stock Exchange) | Yes | SPON ADR REPSTG | US | USD | Jan 1975 |
| DRD N | BMV (Bolsa Mexicana de Valores) | Yes | SPON ADR REPSTG | MX | MXN | Jan 1975 |
| DRDG.F | OTCPK (Pink Sheets LLC) | Ordinary Shares | US | USD | Dec 1996 | |
| DRD | JSE (The Johannesburg Securities Exchange) | Ordinary Shares | ZA | ZAR | Dec 1996 | |
| DUB1 | DB (Deutsche Boerse AG) | Ordinary Shares | DE | EUR | Dec 1996 |
Biography
DRDGOLD Limited, a gold mining company, engages in the surface gold tailings retreatment business in South Africa. The company is involved in the exploration, extraction, processing, and smelting activitie...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/19 23:15 |
| End of Day Share Price | 2021/01/19 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2020/06/30 |
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.