DRD Stock Overview
DRDGOLD Limited, a gold mining company, engages in the surface gold tailings retreatment business in South Africa.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$6.43|
|52 Week High||US$13.18|
|52 Week Low||US$6.12|
|1 Month Change||-34.05%|
|3 Month Change||-23.36%|
|1 Year Change||-43.50%|
|3 Year Change||263.28%|
|5 Year Change||78.12%|
|Change since IPO||-91.96%|
Recent News & Updates
There's Been No Shortage Of Growth Recently For DRDGOLD's (NYSE:DRD) Returns On Capital
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
DRDGold Limited: The Selloff Seems Overdone
Gold prices are back to their levels from the middle of January, but the market valuation of DRDGold has decreased 17% compared to then. Gold has historically been a good inflation hedge, and I think that it’s likely to resume its upward trend. In my view, the Q1 2022 results of DRDGold were good, and this seems like a good time to pick up some shares cheap.
DRDGOLD (NYSE:DRD) Is Paying Out Less In Dividends Than Last Year
DRDGOLD Limited ( NYSE:DRD ) has announced it will be reducing its dividend payable on the 24th of March to US$0.10...
|DRD||US Metals and Mining||US Market|
Return vs Industry: DRD underperformed the US Metals and Mining industry which returned -9.4% over the past year.
Return vs Market: DRD underperformed the US Market which returned -10.4% over the past year.
|DRD Average Weekly Movement||7.4%|
|Metals and Mining Industry Average Movement||10.2%|
|Market Average Movement||7.8%|
|10% most volatile stocks in US Market||16.7%|
|10% least volatile stocks in US Market||2.8%|
Stable Share Price: DRD is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: DRD's weekly volatility (7%) has been stable over the past year.
About the Company
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 activities. It recovers gold from surface tailings in the Witwatersrand basin in Gauteng province.
DRDGOLD Fundamentals Summary
|DRD fundamental statistics|
Is DRD overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|DRD income statement (TTM)|
|Cost of Revenue||R3.52b|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||11.50|
|Net Profit Margin||20.59%|
How did DRD perform over the long term?See historical performance and comparison
5.8%Current Dividend Yield
Is DRDGOLD undervalued compared to its fair value and its price relative to the market?
Valuation Score 2/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: DRD ($6.43) is trading above our estimate of fair value ($4.17)
Significantly Below Fair Value: DRD is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: DRD is poor value based on its PE Ratio (9x) compared to the US Metals and Mining industry average (8.1x).
PE vs Market: DRD is good value based on its PE Ratio (9x) compared to the US market (15.5x).
Price to Earnings Growth Ratio
PEG Ratio: DRD's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: DRD is good value based on its PB Ratio (1.8x) compared to the US Metals and Mining industry average (1.9x).
How is DRDGOLD forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DRD's earnings are forecast to decline over the next 3 years (-6.3% per year).
Earnings vs Market: DRD's earnings are forecast to decline over the next 3 years (-6.3% per year).
High Growth Earnings: DRD's earnings are forecast to decline over the next 3 years.
Revenue vs Market: DRD's revenue (3.2% per year) is forecast to grow slower than the US market (8% per year).
High Growth Revenue: DRD's revenue (3.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DRD's Return on Equity is forecast to be low in 3 years time (12.7%).
How has DRDGOLD performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DRD has high quality earnings.
Growing Profit Margin: DRD's current net profit margins (20.6%) are lower than last year (24.8%).
Past Earnings Growth Analysis
Earnings Trend: DRD's earnings have grown significantly by 65.9% per year over the past 5 years.
Accelerating Growth: DRD's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: DRD had negative earnings growth (-21.2%) over the past year, making it difficult to compare to the Metals and Mining industry average (98.2%).
Return on Equity
High ROE: DRD's Return on Equity (19.8%) is considered low.
How is DRDGOLD's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: DRD's short term assets (ZAR2.8B) exceed its short term liabilities (ZAR553.8M).
Long Term Liabilities: DRD's short term assets (ZAR2.8B) exceed its long term liabilities (ZAR1.0B).
Debt to Equity History and Analysis
Debt Level: DRD is debt free.
Reducing Debt: DRD currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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.
What is DRDGOLD current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: DRD's dividend (5.78%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: DRD's dividend (5.78%) is in the top 25% of dividend payers in the US market (4.05%)
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.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52%), DRD's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (62.7%), DRD's dividend payments are covered by cash flows.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Niel Pretorius (54 yo)
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 ($USD2.32M) is about average for companies of similar size in the US market ($USD2.65M).
Compensation vs Earnings: Niel's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: DRD's management team is seasoned and experienced (7.3 years average tenure).
Experienced Board: DRD's board of directors are considered experienced (5.4 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.
DRDGOLD Limited's employee growth, exchange listings and data sources
- Name: DRDGOLD Limited
- Ticker: DRD
- Exchange: NYSE
- Founded: 1895
- Industry: Gold
- Sector: Materials
- Implied Market Cap: US$551.679m
- Shares outstanding: 85.80m
- Website: https://www.drdgold.com
Number of Employees
- DRDGOLD Limited
- Cycad House
- Building 17
- South Africa
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/15 00:00|
|End of Day Share Price||2022/05/13 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.