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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Osisko Gold Royalties Ltd.

Sandstorm Gold Ltd.

Eldorado Gold Corp.

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 2.46 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 79.13%, 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 79.13% 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.

79.13%

5.25

208.98%

S&P/TSX 60

29.6%

2.31

12.81%

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)

10.86

Debt to EBITDA (avg)

0.26

Net Debt to Equity (avg)

-0.11

Sales to Capital Employed (avg)

0.69

Tax Ratio

22.02%

Dividend Payout Ratio

6.52%

Pledged Shares

Institutional Holding

0.18%

ROCE (avg)

10.33%

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

2.46

EV to EBIT

5.67

EV to EBITDA

4.38

EV to Capital Employed

2.95

EV to Sales

2.37

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

38What is working for the Company

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 %

NET SALES(Q)

Highest at CAD 980.09 MM

INTEREST COVERAGE RATIO(Q)

The company hardly has any interest cost

DIVIDEND PAYOUT RATIO(Y)

Highest at 8.88%

RAW MATERIAL COST(Y)

Fallen by -25.08% (YoY

CASH AND EQV(HY)

Highest at CAD 1,518.54 MM

INVENTORY TURNOVER RATIO(HY)

Highest at 4.96 times

DEBTORS TURNOVER RATIO(HY)

Highest at 114.26 times

DIVIDEND PER SHARE(HY)

Highest at CAD 114.26

OPERATING PROFIT(Q)

Highest at CAD 576.53 MM

OPERATING PROFIT MARGIN(Q)

Highest at 58.82 %

PRE-TAX PROFIT(Q)

Highest at CAD 459.11 MM

NET PROFIT(Q)

Highest at CAD 314.27 MM

0What is not working for the Company

NO KEY NEGATIVE TRIGGERS

Here's what is working for OceanaGold Corp.

Operating Cash Flow

Highest at CAD 1,652.31 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

Highest at CAD 980.09 MM and Grown

In each period in the last five periods

MOJO Watch

Near term sales trend is very positive

Net Sales (CAD MM)

Net Sales

At CAD 980.09 MM has Grown at 48.36%

over average net sales of the previous four periods of CAD 660.62 MM

MOJO Watch

Near term sales trend is very positive

Net Sales (CAD MM)

Debt-Equity Ratio

Lowest at -23.64 % 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

Highest at CAD 576.53 MM

in the last five periods

MOJO Watch

Near term Operating Profit trend is positive

Operating Profit (CAD MM)

Operating Profit Margin

Highest at 58.82 %

in the last five periods

MOJO Watch

Company's profit margin has improved

Operating Profit to Sales

Pre-Tax Profit

Highest at CAD 459.11 MM

in the last five periods

MOJO Watch

Near term Pre-Tax Profit trend is positive

Pre-Tax Profit (CAD MM)

Pre-Tax Profit

At CAD 459.11 MM has Grown at 80.82%

over average net sales of the previous four periods of CAD 253.91 MM

MOJO Watch

Near term Pre-Tax Profit trend is positive

Pre-Tax Profit (CAD MM)

Net Profit

Highest at CAD 314.27 MM

in the last five periods

MOJO Watch

Near term Net Profit trend is positive

Net Profit (CAD MM)

Net Profit

At CAD 314.27 MM has Grown at 78.83%

over average net sales of the previous four periods of CAD 175.74 MM

MOJO Watch

Near term Net Profit trend is positive

Net Profit (CAD MM)

Cash and Eqv

Highest at CAD 1,518.54 MM

in the last six Semi-Annual periods

MOJO Watch

Short Term liquidity is improving

Cash and Cash Equivalents

Inventory Turnover Ratio

Highest at 4.96 times

in the last five Semi-Annual periods

MOJO Watch

Company has been able to sell its inventory faster

Inventory Turnover Ratio

Debtors Turnover Ratio

Highest at 114.26 times

in the last five Semi-Annual periods

MOJO Watch

Company has been able to sell its Debtors faster

Debtors Turnover Ratio

Dividend per share

Highest at CAD 114.26

in the last five years

MOJO Watch

Company is distributing higher dividend from profits generated

DPS (CAD)

Dividend Payout Ratio

Highest at 8.88%

in the last five years

MOJO Watch

Company is distributing higher proportion of profits generated as dividend

DPR (%)

Raw Material Cost

Fallen by -25.08% (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 115.22 MM

in the last five periods

MOJO Watch

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

Depreciation (CAD MM)