DRD Stock Analysis: DRDGOLD | NYSE

Gold Bullion, Silver Bullion, Renewable Power, Tailings Processing

Total Rating 55

Safety 45

Buy Signal -0.53

Gold
Industry Rotation: -36.7

Market Cap: 2.16B
Avg Turnover: 5.85M

Risk 3d forecast

Volatility54.9%

VaR 5^th Pctl9.23%

VaR vs Median2.14%

Choppyness73.1%

Reward TTM

Sharpe Ratio-0.04

Rel. Str. IBD29.7

Rel. Str. Peer Group33.8

Character TTM

Beta0.375

Beta Downside0.044

Hurst Exponent0.474

Drawdowns 3y

Max DD49.36%

CAGR/Max DD0.85

CAGR/Mean DD2.61

EPS (Earnings per Share)

Last SUE: 3.46
Qual. Beats: 1

Revenue

Rev. CAGR: 43.89%
Rev. Trend: 96.1%

Qual. Beats: 0

Warnings

Choppy

Below Sma 200d

Tailwinds

No distinct edge detected

Seasonality 11.7 years of data

Jan -0.1% 7

Feb +0.3% 7

Mar +4.2% 10

Apr -6.0% 22

May -4.4% 20

Jun -5.0% 11

Jul +1.1% 5

Aug -4.2% 18

Sep +3.4% 2

Oct -1.6% 14

Nov -3.4% 8

Dec -1.1% 16

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: DRD DRDGOLD

DRDGOLD Limited is a South African gold mining company that extracts gold through the retreatment of surface mine tailings-a process that recovers gold from material left behind by earlier mining operations, reducing the need for new hard-rock extraction. Headquartered in Johannesburg, the company sells gold and silver bullion on global commodities markets and also generates renewable power, provides employee housing, and operates a training center. Originally founded in 1895 as Durban Roodepoort Deep Limited, the company adopted its current name in 2004 and operates as a subsidiary of Sibanye Gold Limited.

Headlines to Watch Out For

Gold price movements directly drive bullion revenue and margins
South African electricity crisis pressures tailings retreatment operations
Sibanye-Stillwater parents capital allocation shapes dividend flow

Piotroski VR-10 (Strict) 8.5

Net Income: 4.61b TTM > 0 and > 6% of Revenue
FCF/TA: 0.17 > 0.02 and ΔFCF/TA 6.64 > 1.0
NWC/Revenue: 22.64% < 20% (prev 22.15%; Δ 0.48% < -1%)
CFO/TA 0.40 > 3% & CFO 6.92b > Net Income 4.61b
Net Debt (-2.71b) to EBITDA (7.20b): -0.38 < 3
Current Ratio: 3.62 > 1.5 & < 3
Outstanding Shares: last quarter (8.70m) vs 12m ago -98.99% < -2%
Gross Margin: 56.98% > 18% (prev 46.55%; Δ 10.43% > 0.5%)
Asset Turnover: 75.78% > 50% (prev 60.78%; Δ 15.00% > 0%)
Interest Coverage Ratio: 35.69 > 6 (EBIT TTM 6.68b / Interest Expense TTM 187.0m)

Beneish M -3.46

DSRI: 0.48 (Receivables 462.1m/706.9m, Revenue 12.1b/8.89b)
GMI: 0.82 (GM 46.55% / 56.98%)
AQI: 0.86 (AQ_t 0.10 / AQ_t-1 0.11)
SGI: 1.36 (Revenue 12.1b / 8.89b)
TATA: -0.13 (NI 4.61b - CFO 6.92b) / TA 17.3b)
Beneish M = -3.46 (Cap -4..+1) = AA

What is the price of DRD shares?

As of October 14, 2026, the stock is trading at USD 24.50 with a total of 219,161 shares traded. Over the past week, the price has changed by +0.37%, over one month by -4.26%, over three months by +20.68% and over the past year by -13.94%.

Current recommended Stop Loss: 23.40 (which is 4.5% or 1.4 ATR below the current price).

Is DRD a buy, sell or hold?

DRDGOLD has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy DRD.

StrongBuy: 1
Buy: 0
Hold: 0
Sell: 0
StrongSell: 0

What are the forecasts/targets for the DRD price?

Analysts Target Price	35	42.9%

DRDGOLD (DRD) - Fundamental Data Overview as of 13 October 2026

Market Cap USD = 2.16b (2.16b USD * 1.0 USD.USD)
Market Cap ZAR = 35.8b (2.16b USD * 16.5538 USD.ZAR)
P/E Trailing = 8.6055
P/E Forward = 8.2919
P/S = 0.1936
P/B = 2.8235
P/EG = 1.0011
Revenue TTM = 12.1b ZAR
EBIT TTM = 6.68b ZAR
EBITDA TTM = 7.20b ZAR
Long Term Debt = 6.25m ZAR (estimated: total debt 11.3m - short term 5.06m)
Short Term Debt = 5.06m ZAR (from shortTermDebt, last quarter)
Debt = 33.5m ZAR (from shortLongTermDebtTotal, last quarter) + Leases 22.2m
Net Debt = -2.71b ZAR (calculated: Debt 33.5m - CCE 2.75b)
Enterprise Value = 33.1b ZAR (35.8b + Debt 33.5m - CCE 2.75b)
Interest Coverage Ratio = 35.69 (Ebit TTM 6.68b / Interest Expense TTM 187.0m)
EV/FCF = 10.96x (Enterprise Value 33.1b / FCF TTM 3.02b)
FCF Yield = 9.13% (FCF TTM 3.02b / Enterprise Value 33.1b)
FCF Margin = 24.93% (FCF TTM 3.02b / Revenue TTM 12.1b)
Net Margin = 38.12% (Net Income TTM 4.61b / Revenue TTM 12.1b)
Gross Margin = 56.98% ((Revenue TTM 12.1b - Cost of Revenue TTM 5.20b) / Revenue TTM)
Gross Margin QoQ = 56.98% (prev 56.98%)
Tobins Q-Ratio = 1.91 (Enterprise Value 33.1b / Total Assets 17.3b)
Interest Expense / Debt = 558.2% (Interest Expense 187.0m / Debt 33.5m)
Taxrate = 32.81% (2.25b / 6.86b)
NOPAT = 4.49b (EBIT 6.68b * (1 - 32.81%))
Current Ratio = 3.62 (Total Current Assets 3.79b / Total Current Liabilities 1.05b)
Debt / Equity = 0.00 (Debt 33.5m / totalStockholderEquity, last quarter 12.6b)
Debt / EBITDA = -0.38 (Net Debt -2.71b / EBITDA 7.20b)
Debt / FCF = -0.90 (Net Debt -2.71b / FCF TTM 3.02b)
Total Stockholder Equity = 11.2b (last 4 quarters mean from totalStockholderEquity)
RoA = 28.89% (Net Income 4.61b / Total Assets 17.3b)
RoE = 41.07% (Net Income TTM 4.61b / Total Stockholder Equity 11.2b)
RoCE = 59.41% (EBIT 6.68b / Capital Employed (Equity 11.2b + L.T.Debt 6.25m))
RoIC = 28.65% (NOPAT 4.49b / Invested Capital 15.7b)
WACC = 7.29% (E(35.8b)/V(35.8b) * Re(7.30%) + (debt cost/tax rate unavailable))
Discount Rate = 7.30% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -69.56 | Cagr: -87.07%
[DCF] Terminal Value 77.97% ; FCFF base≈2.44b ; Y1≈2.80b ; Y5≈4.12b
[DCF] Fair Price = 744.7 (EV 62.0b - Net Debt -2.71b = Equity 64.7b / Shares 86.9m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 3.46 | # QB: 1
Revenue Correlation: 96.09 | Revenue CAGR: 43.89% | SUE: N/A | # QB: 0
EPS current Year (2026-06-30): EPS=2.27 | Chg30d=+2.76% | Revisions=+25% | GrowthEPS=+54.6% | GrowthRev=+44.7%
EPS next Year (2027-06-30): EPS=2.73 | Chg30d=N/A | Revisions=+0% | GrowthEPS=-9.8% | GrowthRev=+3.3%