(DRD) DRDGOLD - Overview
Sector: Basic Materials | Industry: Gold | Exchange: NYSE (USA) | Market Cap: 2.269m USD | Total Return: 76.9% in 12m
Avg Turnover: 5.88M
Qual. Beats: 1
Rev. Trend: 92.5%
Warnings
Choppy
Tailwinds
No distinct edge detected
DRDGOLD Limited is a South African mining company specializing in the recovery of gold from surface mine tailings. Unlike traditional underground mining operations, the company utilizes a circular business model that re-treats historical waste deposits to extract residual precious metals. This surface retreatment approach typically carries lower operational risks and capital requirements compared to deep-level shaft mining.
The company, a subsidiary of Sibanye Gold Limited, produces gold and silver bullion while maintaining ancillary operations in renewable energy, employee housing, and technical training. As a player in the gold sector, its profitability is heavily influenced by global spot prices and the efficiency of chemical leaching processes used to separate gold from waste rock. You can further evaluate these operational metrics and valuation ratios on ValueRay.
Founded in 1895 and headquartered in Johannesburg, DRDGOLD transitioned from traditional mining to its current tailings retreatment focus in the early 2000s. The company is currently listed on the New York Stock Exchange as an American Depositary Receipt (ADR).
- Spot gold price fluctuations dictate revenue margins for surface tailings retreatment
- South African electricity shortages and rising power costs impact production volumes
- Tailings reclamation efficiency and grade quality drive quarterly gold output levels
- Regulatory shifts in South African mining legislation affect long-term operational costs
- Sibanye-Stillwater ownership influence impacts capital allocation and strategic direction decisions
| Net Income: 4.82b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA 25.49 > 1.0 |
| NWC/Revenue: 12.34% < 20% (prev 5.77%; Δ 6.57% < -1%) |
| CFO/TA 0.47 > 3% & CFO 6.82b > Net Income 4.82b |
| Net Debt (-1.71b) to EBITDA (7.17b): -0.24 < 3 |
| Current Ratio: 3.01 > 1.5 & < 3 |
| Outstanding Shares: last quarter (8.69m) vs 12m ago -99.00% < -2% |
| Gross Margin: 40.34% > 18% (prev 0.28%; Δ 4.01k% > 0.5%) |
| Asset Turnover: 132.6% > 50% (prev 99.04%; Δ 33.52% > 0%) |
| Interest Coverage Ratio: 274.6 > 6 (EBITDA TTM 7.17b / Interest Expense TTM 22.8m) |
| A: 0.13 (Total Current Assets 2.95b - Total Current Liabilities 978.4m) / Total Assets 14.6b |
| B: 0.31 (Retained Earnings 4.55b / Total Assets 14.6b) |
| C: 0.52 (EBIT TTM 6.27b / Avg Total Assets 12.0b) |
| D: 2.78 (Book Value of Equity 10.8b / Total Liabilities 3.88b) |
| Altman-Z'' = 8.31 = AAA |
| DSRI: 1.17 (Receivables 706.9m/353.0m, Revenue 16.0b/9.36b) |
| GMI: 0.70 (GM 40.34% / 28.40%) |
| AQI: 0.92 (AQ_t 0.11 / AQ_t-1 0.12) |
| SGI: 1.70 (Revenue 16.0b / 9.36b) |
| TATA: -0.14 (NI 4.82b - CFO 6.82b) / TA 14.6b) |
| Beneish M = -2.83 (Cap -4..+1) = A |
As of May 29, 2026, the stock is trading at USD 26.42 with a total of 149,875 shares traded.
Over the past week, the price has changed by -0.97%,
over one month by -3.68%,
over three months by -31.42% and
over the past year by +76.91%.
DRDGOLD has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy DRD.
- StrongBuy: 0
- Buy: 1
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 46.5 | 76% |
P/E Trailing = 16.8774
P/E Forward = 3.7707
P/S = 0.2486
P/B = 4.2709
P/EG = 1.0011
Revenue TTM = 16.0b USD
EBIT TTM = 6.27b USD
EBITDA TTM = 7.17b USD
Long Term Debt = 7.70m USD (from longTermDebtTotal, last quarter)
Short Term Debt = 6.09m USD (from shortTermDebt, last quarter)
Debt = 21.5m USD (from shortLongTermDebtTotal, last quarter) (leases 22.2m already included)
Net Debt = -1.71b USD (calculated: Debt 21.5m - CCE 1.73b)
Enterprise Value = 556.2m USD (2.27b + Debt 21.5m - CCE 1.73b)
Interest Coverage Ratio = 274.6 (Ebit TTM 6.27b / Interest Expense TTM 22.8m)
EV/FCF = 0.51x (Enterprise Value 556.2m / FCF TTM 1.08b)
FCF Yield = 194.3% (FCF TTM 1.08b / Enterprise Value 556.2m)
FCF Margin = 6.77% (FCF TTM 1.08b / Revenue TTM 16.0b)
Net Margin = 30.20% (Net Income TTM 4.82b / Revenue TTM 16.0b)
Gross Margin = 40.34% ((Revenue TTM 16.0b - Cost of Revenue TTM 9.52b) / Revenue TTM)
Gross Margin QoQ = 48.18% (prev 44.62%)
Tobins Q-Ratio = 0.04 (Enterprise Value 556.2m / Total Assets 14.6b)
Interest Expense / Debt = 106.3% (Interest Expense 22.8m / Debt 21.5m)
Taxrate = 20.28% (467.2m / 2.30b)
NOPAT = 5.00b (EBIT 6.27b * (1 - 20.28%))
Current Ratio = 3.01 (Total Current Assets 2.95b / Total Current Liabilities 978.4m)
Debt / Equity = 0.00 (Debt 21.5m / totalStockholderEquity, last quarter 10.7b)
Debt / EBITDA = -0.24 (Net Debt -1.71b / EBITDA 7.17b)
Debt / FCF = -1.59 (Net Debt -1.71b / FCF TTM 1.08b)
Total Stockholder Equity = 8.55b (last 4 quarters mean from totalStockholderEquity)
RoA = 40.03% (Net Income 4.82b / Total Assets 14.6b)
RoE = 56.35% (Net Income TTM 4.82b / Total Stockholder Equity 8.55b)
RoCE = 73.27% (EBIT 6.27b / Capital Employed (Equity 8.55b + L.T.Debt 7.70m))
RoIC = 36.69% (NOPAT 5.00b / Invested Capital 13.6b)
WACC = 7.29% (E(2.27b)/V(2.29b) * Re(7.36%) + (debt cost/tax rate unavailable))
Discount Rate = 7.36% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 17.98 | Cagr: -64.08%
[DCF] Terminal Value 75.44% ; FCFF base≈1.08b ; Y1≈1.08b ; Y5≈1.15b
[DCF] Fair Price = 225.8 (EV 17.9b - Net Debt -1.71b = Equity 19.6b / Shares 86.7m; r=8.35% [WACC [floored]]; 5y FCF grow 0.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 3.46 | # QB: 1
Revenue Correlation: 92.50 | Revenue CAGR: 28.60% | SUE: N/A | # QB: 0
EPS current Year (2026-06-30): EPS=2.21 | Chg30d=+57.11% | Revisions=-20% | GrowthEPS=+50.4% | GrowthRev=+45.6%