OceanaGold Corp. () Stock Recommendation | Score, Valuation, Technicals & Financial Trend

Score

Part of MojoOne Strategy

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Comparison

Company

Score

Quality

Valuation

Financial

Technical

OceanaGold Corp.

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B2Gold Corp.

Triple Flag Precious Metals Corp.

SSR Mining, Inc.

Alamos Gold, Inc.

First Majestic Silver Corp.

Osisko Gold Royalties Ltd.

Eldorado Gold Corp.

Sandstorm Gold Ltd.

Filo Corp.

Why is OceanaGold Corp. ?

Company's ability to service its debt is strong with a healthy EBIT to Interest (avg) ratio of 10.86

Low Debt Company with Strong Long Term Fundamental Strength

With a growth in Operating Profit of 11.54%, the company declared Outstanding results in Mar 26

The company has declared positive results for the last 7 consecutive quarters
OPERATING CASH FLOW(Y) Highest at CAD 1,652.31 MM
ROCE(HY) Highest at 34.5%
DEBT-EQUITY RATIO (HY) Lowest at -23.64 %

With ROE of 27.13%, it has a attractive valuation with a 2.32 Price to Book Value

The stock is trading at a premium compared to its peers' average historical valuations
Over the past year, while the stock has generated a return of 85.71%, its profits have risen by 109.4% ; the PEG ratio of the company is 0

Majority shareholders : FIIs

Consistent Returns over the last 3 years

Along with generating 85.71% returns in the last 1 year, the stock has outperformed S&P/TSX 60 in each of the last 3 annual periods

Real-Time Research Report

Verdict Report

How much should you buy?

Overall Portfolio exposure to OceanaGold Corp. should be less than 10%
Overall Portfolio exposure to Gems, Jewellery And Watches should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Gems, Jewellery And Watches)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is OceanaGold Corp. for you?

High Risk, High Return

Absolute

Risk Adjusted

Volatility

OceanaGold Corp.

79.21%

20.78

53.02%

S&P/TSX 60

29.63%

2.33

12.07%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

33.76%

EBIT Growth (5y)

99.82%

EBIT to Interest (avg)

22.10

Debt to EBITDA (avg)

0.18

Net Debt to Equity (avg)

-0.11

Sales to Capital Employed (avg)

0.69

Tax Ratio

28.98%

Dividend Payout Ratio

6.52%

Pledged Shares

Institutional Holding

0.18%

ROCE (avg)

20.34%

ROE (avg)

7.52%

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

2.32

EV to EBIT

5.32

EV to EBITDA

4.11

EV to Capital Employed

2.77

EV to Sales

2.23

PEG Ratio

0.02

Dividend Yield

ROCE (Latest)

51.99%

ROE (Latest)

27.13%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Mildly Bearish

Bullish

RSI

No Signal

Bollinger Bands

Mildly Bearish

Bullish

Moving Averages

Mildly Bullish (Daily)

KST

Mildly Bearish

Bullish

Dow Theory

Mildly Bearish

Mildly Bullish

OBV

No Trend

Bullish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

25What is working for the Company

OPERATING CASH FLOW(Y)

Highest at CAD 1,771.47 MM

NET PROFIT(HY)

At CAD 622.79 MM has Grown at 106.87%

NET SALES(HY)

At CAD 1,876.2 MM has Grown at 68.24%

ROCE(HY)

Highest at 37.61%

DEBT-EQUITY RATIO (HY)

Lowest at -23.84 %

RAW MATERIAL COST(Y)

Fallen by -17.92% (YoY

CASH AND EQV(HY)

Highest at CAD 1,794.38 MM

INVENTORY TURNOVER RATIO(HY)

Highest at 5.39 times

OPERATING PROFIT MARGIN(Q)

Highest at 61.92 %

-2What is not working for the Company

INTEREST(Q)

At CAD 6.37 MM has Grown at 85.7%

Here's what is working for OceanaGold Corp.

Net Profit

At CAD 622.79 MM has Grown at 106.87%

Year on Year (YoY)

MOJO Watch

Near term Net Profit trend is very positive

Net Profit (CAD MM)

Operating Cash Flow

Highest at CAD 1,771.47 MM and Grown

In each year in the last three years

MOJO Watch

The company has generated higher cash revenues from business operations

Operating Cash Flows (CAD MM)

Net Sales

At CAD 1,876.2 MM has Grown at 68.24%

Year on Year (YoY)

MOJO Watch

Near term sales trend is positive

Net Sales (CAD MM)

Debt-Equity Ratio

Lowest at -23.84 % and Grown

In each half year in the last five Semi-Annual periods

MOJO Watch

The company has been reducing its borrowing as compared to equity capital

Debt-Equity Ratio

Operating Profit Margin

Highest at 61.92 %

in the last five periods

MOJO Watch

Company's profit margin has improved

Operating Profit to Sales

Cash and Eqv

Highest at CAD 1,794.38 MM

in the last six Semi-Annual periods

MOJO Watch

Short Term liquidity is improving

Cash and Cash Equivalents

Inventory Turnover Ratio

Highest at 5.39 times

in the last five Semi-Annual periods

MOJO Watch

Company has been able to sell its inventory faster

Inventory Turnover Ratio

Raw Material Cost

Fallen by -17.92% (YoY)

MOJO Watch

The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin

Raw Material Cost as a percentage of Sales

Depreciation

Highest at CAD 120.03 MM

in the last five periods

MOJO Watch

The expenditure on assets done by the company may have gone into operation

Depreciation (CAD MM)

Here's what is not working for OceanaGold Corp.

Interest

At CAD 6.37 MM has Grown at 85.7%

period on period (QoQ)

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (CAD MM)