DRDGOLD Limited Logo

DRDGOLD Limited

DRD.JO

(2.5)
Stock Price

1.723,00 ZAc

25.08% ROA

36.79% ROE

6.2x PER

Market Cap.

14.688.556.569,00 ZAc

0.1% DER

2.35% Yield

22.42% NPM

DRDGOLD Limited Stock Analysis

DRDGOLD Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

DRDGOLD Limited Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE exceeds expectations (23.1%), revealing strong profitability and efficient use of shareholders' equity, making it an attractive investment opportunity.

2 ROA

This stock has a great ability to make a lot of money from the things it owns, which makes it a really good investment for smart investors.

3 DER

The stock has a low debt to equity ratio (1%), which means it has a small amount of debt compared to the ownership it holds

4 Dividend

The company's consistent dividend distribution over the past five years reflects its dedication to providing shareholders with steady returns, making it an appealing choice for investors seeking income stability.

5 PBV

The stock's PBV ratio (2.19x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

6 Assets Growth

With a track record of continuous revenue growth in the last three years, this company offers a promising investment opportunity

7 Revenue Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

8 Net Profit Growth

Over the past five years, this company's net profit has failed to exhibit any growth, indicating a stagnant financial performance and making it a less favorable choice for potential investors.

9 Graham Number

The company's Graham number suggests that its stock price is overestimated, implying that it may not be a promising investment opportunity.

10 Dividend Growth

Investors should note the company's stagnant dividend growth over the past three years, indicating limited profitability and potentially diminishing returns.

11 Buffet Intrinsic Value

The company's stock presents a potential concern as it appears overvalued (186) by Warren Buffett's formula, indicating that its market price exceeds its estimated intrinsic value.

DRDGOLD Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

DRDGOLD Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Hold

DRDGOLD Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

DRDGOLD Limited Revenue
Year Revenue Growth
1996 278.902.500
1997 757.518.300 63.18%
1998 1.070.889.450 29.26%
1999 2.030.476.723 47.26%
2000 2.143.728.497 5.28%
2001 3.144.930.300 31.84%
2002 1.990.598.818 -57.99%
2003 1.949.652.697 -2.1%
2004 1.151.902.259 -69.26%
2005 1.753.077.938 34.29%
2006 1.671.998.695 -4.85%
2007 1.843.324.010 9.29%
2008 1.910.738.000 3.53%
2009 1.990.500.000 4.01%
2010 2.565.319.000 22.41%
2011 3.004.264.000 14.61%
2012 2.076.496.000 -44.68%
2013 1.809.434.000 -14.76%
2014 2.105.300.000 14.05%
2015 2.433.100.000 13.47%
2016 2.339.900.000 -3.98%
2017 2.490.400.000 6.04%
2018 2.762.100.000 9.84%
2019 4.185.000.000 34%
2020 5.269.000.000 20.57%
2021 5.118.500.000 -2.94%
2022 5.496.300.000 6.87%
2023 13.062.000.000 57.92%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

DRDGOLD Limited Research and Development Expenses
Year Research and Development Expenses Growth
1996 0
1997 0 0%
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

DRDGOLD Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
1996 0
1997 0 0%
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 83.583.000 100%
2009 140.800.000 40.64%
2010 88.086.000 -59.84%
2011 121.537.000 27.52%
2012 78.070.000 -55.68%
2013 78.120.000 0.06%
2014 69.300.000 -12.73%
2015 76.700.000 9.65%
2016 69.400.000 -10.52%
2017 90.700.000 23.48%
2018 90.900.000 0.22%
2019 309.900.000 70.67%
2020 64.000.000 -384.22%
2021 161.200.000 60.3%
2022 172.900.000 6.77%
2023 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

DRDGOLD Limited EBITDA
Year EBITDA Growth
1996 -35.826.500
1997 81.288.900 144.07%
1998 24.132.720 -236.84%
1999 1.050.423.026 97.7%
2000 416.797.400 -152.02%
2001 761.770.350 45.29%
2002 -21.070.359 3715.36%
2003 21.184.406 199.46%
2004 357.048.078 94.07%
2005 3.659.079 -9657.87%
2006 109.315.457 96.65%
2007 441.850.750 75.26%
2008 298.338.000 -48.1%
2009 430.500.000 30.7%
2010 317.396.000 -35.63%
2011 535.155.000 40.69%
2012 536.313.000 0.22%
2013 231.705.000 -131.46%
2014 300.100.000 22.79%
2015 336.500.000 10.82%
2016 182.400.000 -84.48%
2017 258.800.000 29.52%
2018 352.600.000 26.6%
2019 1.318.500.000 73.26%
2020 2.283.300.000 42.25%
2021 1.628.800.000 -40.18%
2022 1.876.700.000 13.21%
2023 4.322.800.000 56.59%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

DRDGOLD Limited Gross Profit
Year Gross Profit Growth
1996 22.675.000
1997 34.164.900 33.63%
1998 111.613.830 69.39%
1999 99.017.229 -12.72%
2000 227.523.387 56.48%
2001 893.070.450 74.52%
2002 174.535.930 -411.68%
2003 204.627.126 14.71%
2004 304.501.505 32.8%
2005 227.641.924 -33.76%
2006 112.683.779 -102.02%
2007 245.468.300 54.09%
2008 76.713.000 -219.98%
2009 271.600.000 71.76%
2010 221.771.000 -22.47%
2011 502.402.000 55.86%
2012 437.119.000 -14.93%
2013 122.164.000 -257.81%
2014 191.000.000 36.04%
2015 196.200.000 2.65%
2016 32.000.000 -513.13%
2017 142.700.000 77.58%
2018 208.200.000 31.46%
2019 1.247.100.000 83.31%
2020 1.880.800.000 33.69%
2021 1.377.000.000 -36.59%
2022 1.585.300.000 13.14%
2023 4.077.600.000 61.12%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

DRDGOLD Limited Net Profit
Year Net Profit Growth
1996 -9.070.000
1997 -132.536.250 93.16%
1998 -45.852.168 -189.05%
1999 -866.804.012 94.71%
2000 -235.165.210 -268.59%
2001 -546.407.550 56.96%
2002 85.134.731 741.82%
2003 -342.129.388 124.88%
2004 -502.500.289 31.91%
2005 -170.311.578 -195.05%
2006 -936.097.721 81.81%
2007 995.720.330 194.01%
2008 129.124.000 -671.13%
2009 207.800.000 37.86%
2010 -287.915.000 172.17%
2011 308.675.000 193.27%
2012 59.194.000 -421.46%
2013 -45.808.000 229.22%
2014 67.800.000 167.56%
2015 61.900.000 -9.53%
2016 13.700.000 -351.82%
2017 6.500.000 -110.77%
2018 78.500.000 91.72%
2019 635.000.000 87.64%
2020 1.439.900.000 55.9%
2021 1.123.800.000 -28.13%
2022 1.281.400.000 12.3%
2023 2.957.600.000 56.67%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

DRDGOLD Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
1996 -1
1997 -4 100%
1998 -1 0%
1999 -8 100%
2000 -2 -700%
2001 -3 66.67%
2002 0 0%
2003 -2 100%
2004 -2 0%
2005 -1 0%
2006 -3 100%
2007 3 200%
2008 0 0%
2009 1 0%
2010 -1 0%
2011 1 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 1 0%
2020 2 100%
2021 1 0%
2022 1 0%
2023 3 66.67%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

DRDGOLD Limited Free Cashflow
Year Free Cashflow Growth
1996 -161.899.500
1997 -110.741.400 -46.2%
1998 -121.266.918 8.68%
1999 -131.697.660 7.92%
2000 -113.548.303 -15.98%
2001 -748.905.300 84.84%
2002 -279.131.739 -168.3%
2003 -319.171.432 12.54%
2004 -256.509.456 -24.43%
2005 -310.014.097 17.26%
2006 -294.530.920 -5.26%
2007 -104.013.580 -183.17%
2008 -136.900.000 24.02%
2009 -140.418.000 2.51%
2010 6.763.000 2176.27%
2011 287.995.000 97.65%
2012 119.839.000 -140.32%
2013 -77.902.000 253.83%
2014 192.844.000 140.4%
2015 316.100.000 38.99%
2016 -59.000.000 635.76%
2017 107.900.000 154.68%
2018 -59.100.000 282.57%
2019 947.800.000 106.24%
2020 1.177.700.000 19.52%
2021 913.700.000 -28.89%
2022 510.400.000 -79.02%
2023 -802.300.000 163.62%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

DRDGOLD Limited Operating Cashflow
Year Operating Cashflow Growth
1996 10.884.000
1997 -83.645.100 113.01%
1998 -7.843.134 -966.48%
1999 894.611 976.71%
2000 -65.434.615 101.37%
2001 -664.159.500 90.15%
2002 -178.727.546 -271.6%
2003 -153.985.840 -16.07%
2004 -101.815.218 -51.24%
2005 -17.309.162 -488.22%
2006 -20.879.372 17.1%
2007 182.558.750 111.44%
2008 208.232.000 12.33%
2009 53.600.000 -288.49%
2010 324.013.000 83.46%
2011 621.170.000 47.84%
2012 502.263.000 -23.67%
2013 80.691.000 -522.45%
2014 283.700.000 71.56%
2015 415.900.000 31.79%
2016 51.600.000 -706.01%
2017 233.800.000 77.93%
2018 288.300.000 18.9%
2019 1.128.900.000 74.46%
2020 1.573.400.000 28.25%
2021 1.497.800.000 -5.05%
2022 1.655.600.000 9.53%
2023 1.108.700.000 -49.33%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

DRDGOLD Limited Capital Expenditure
Year Capital Expenditure Growth
1996 172.783.500
1997 27.096.300 -537.66%
1998 113.423.784 76.11%
1999 132.592.271 14.46%
2000 48.113.688 -175.58%
2001 84.745.800 43.23%
2002 100.404.192 15.6%
2003 165.185.591 39.22%
2004 154.694.238 -6.78%
2005 292.704.934 47.15%
2006 273.651.548 -6.96%
2007 286.572.330 4.51%
2008 345.132.000 16.97%
2009 194.018.000 -77.89%
2010 317.250.000 38.84%
2011 333.175.000 4.78%
2012 382.424.000 12.88%
2013 158.593.000 -141.14%
2014 90.856.000 -74.55%
2015 99.800.000 8.96%
2016 110.600.000 9.76%
2017 125.900.000 12.15%
2018 347.400.000 63.76%
2019 181.100.000 -91.83%
2020 395.700.000 54.23%
2021 584.100.000 32.25%
2022 1.145.200.000 49%
2023 1.911.000.000 40.07%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

DRDGOLD Limited Equity
Year Equity Growth
1996 339.218.000
1997 558.419.400 39.25%
1998 701.055.516 20.35%
1999 441.802.543 -58.68%
2000 439.763.130 -0.46%
2001 -116.209.800 478.42%
2002 39.191.617 396.52%
2003 520.288.279 92.47%
2004 620.678.548 16.17%
2005 956.827.895 35.13%
2006 -59.474.149 1708.81%
2007 1.305.043.190 104.56%
2008 1.583.979.000 17.61%
2009 1.649.900.000 4%
2010 1.219.166.000 -35.33%
2011 1.633.921.000 25.38%
2012 1.648.269.000 0.87%
2013 1.481.211.000 -11.28%
2014 1.529.900.000 3.18%
2015 1.339.600.000 -14.21%
2016 1.302.400.000 -2.86%
2017 1.267.300.000 -2.77%
2018 2.688.600.000 52.86%
2019 4.040.200.000 33.45%
2020 4.820.400.000 16.19%
2021 5.439.900.000 11.39%
2022 6.274.100.000 13.3%
2023 6.889.400.000 8.93%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

DRDGOLD Limited Assets
Year Assets Growth
1996 441.255.500
1997 834.094.800 47.1%
1998 1.071.492.768 22.16%
1999 1.411.297.114 24.08%
2000 1.405.765.187 -0.39%
2001 2.086.032.150 32.61%
2002 1.709.715.582 -22.01%
2003 2.002.521.660 14.62%
2004 1.559.269.515 -28.43%
2005 2.903.115.247 46.29%
2006 1.629.725.542 -78.14%
2007 2.261.768.190 27.94%
2008 2.625.772.000 13.86%
2009 2.587.500.000 -1.48%
2010 2.288.661.000 -13.06%
2011 2.492.289.000 8.17%
2012 2.671.145.000 6.7%
2013 2.440.746.000 -9.44%
2014 2.503.100.000 2.49%
2015 2.419.100.000 -3.47%
2016 2.287.400.000 -5.76%
2017 2.360.400.000 3.09%
2018 4.060.000.000 41.86%
2019 5.675.200.000 28.46%
2020 6.348.000.000 10.6%
2021 7.078.200.000 10.32%
2022 8.154.500.000 13.2%
2023 9.450.400.000 13.71%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

DRDGOLD Limited Liabilities
Year Liabilities Growth
1996 102.037.500
1997 275.675.400 62.99%
1998 370.437.252 25.58%
1999 969.494.570 61.79%
2000 966.002.057 -0.36%
2001 2.202.241.950 56.14%
2002 1.670.523.965 -31.83%
2003 1.482.233.380 -12.7%
2004 938.590.966 -57.92%
2005 1.946.287.351 51.78%
2006 1.689.199.690 -15.22%
2007 956.725.000 -76.56%
2008 1.041.793.000 8.17%
2009 937.600.000 -11.11%
2010 1.069.495.000 12.33%
2011 858.368.000 -24.6%
2012 1.022.876.000 16.08%
2013 959.535.000 -6.6%
2014 973.200.000 1.4%
2015 1.079.500.000 9.85%
2016 985.000.000 -9.59%
2017 1.093.100.000 9.89%
2018 1.371.400.000 20.29%
2019 1.635.000.000 16.12%
2020 1.527.600.000 -7.03%
2021 1.638.300.000 6.76%
2022 1.880.400.000 12.87%
2023 2.561.000.000 26.58%

DRDGOLD Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
12.27
Net Income per Share
2.75
Price to Earning Ratio
6.2x
Price To Sales Ratio
1.39x
POCF Ratio
4.54
PFCF Ratio
-14.01
Price to Book Ratio
2.13
EV to Sales
1.34
EV Over EBITDA
4.42
EV to Operating CashFlow
4.39
EV to FreeCashFlow
-13.54
Earnings Yield
0.16
FreeCashFlow Yield
-0.07
Market Cap
14,69 Bil.
Enterprise Value
14,20 Bil.
Graham Number
22.25
Graham NetNet
-1.66

Income Statement Metrics

Net Income per Share
2.75
Income Quality
1.36
ROE
0.37
Return On Assets
0.25
Return On Capital Employed
0.32
Net Income per EBT
0.75
EBT Per Ebit
1.18
Ebit per Revenue
0.25
Effective Tax Rate
0.25

Margins

Sales, General, & Administrative to Revenue
0.01
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.29
Operating Profit Margin
0.25
Pretax Profit Margin
0.3
Net Profit Margin
0.22

Dividends

Dividend Yield
0.02
Dividend Yield %
2.35
Payout Ratio
0.5
Dividend Per Share
0.4

Operating Metrics

Operating Cashflow per Share
3.75
Free CashFlow per Share
-1.22
Capex to Operating CashFlow
1.32
Capex to Revenue
0.41
Capex to Depreciation
8.14
Return on Invested Capital
0.29
Return on Tangible Assets
0.25
Days Sales Outstanding
17.69
Days Payables Outstanding
44.43
Days of Inventory on Hand
22.28
Receivables Turnover
20.64
Payables Turnover
8.22
Inventory Turnover
16.38
Capex per Share
4.97

Balance Sheet

Cash per Share
0,61
Book Value per Share
8,00
Tangible Book Value per Share
8
Shareholders Equity per Share
8
Interest Debt per Share
0.05
Debt to Equity
0
Debt to Assets
0
Net Debt to EBITDA
-0.15
Current Ratio
1.57
Tangible Asset Value
6,89 Bil.
Net Current Asset Value
-1,07 Bil.
Invested Capital
7334999999
Working Capital
0,54 Bil.
Intangibles to Total Assets
-0
Average Receivables
0,63 Bil.
Average Payables
0,76 Bil.
Average Inventory
477050000
Debt to Market Cap
0

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

DRDGOLD Limited Dividends
Year Dividends Growth
2008 10
2009 5 -100%
2010 5 0%
2011 8 28.57%
2012 10 30%
2013 28 64.29%
2014 2 -1300%
2015 10 80%
2016 62 83.87%
2017 5 -1140%
2018 5 0%
2019 20 75%
2020 85 76.47%
2021 80 -6.25%
2022 60 -33.33%
2023 85 29.41%
2024 40 -112.5%

DRDGOLD Limited Profile

About DRDGOLD Limited

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. The company was incorporated in 1895 and is headquartered in Johannesburg, South Africa. DRDGOLD Limited operates as a subsidiary of Sibanye Gold Limited.

CEO
Mr. Daniel Johannes Pretorius
Employee
893
Address
Cycad House
Johannesburg, 1709

DRDGOLD Limited Executives & BODs

DRDGOLD Limited Executives & BODs
# Name Age
1 Francois Bouwer
Group Financial Accountant
70
2 Mr. Kevin Peter Kruger M.D., P., P.M.B.
Head of Technical Services
70
3 Mr. Henry Gouws MDP
Head of Operations
70
4 Mpho Mashatola
Group Financial Controller
70
5 Mr. Adriaan Jacobus Davel BCom (Hons), CA (SA), M.Com.
Chief Financial Officer & Executive Director
70
6 Mr. Shalin Naidoo B.Tech., M.B.A.
Chief Information & Technology Officer
70
7 Mr. Daniel Johannes Pretorius B.Proc., L.L.M., LLB
Chief Executive Officer & Executive Director
70
8 Mr. Wilhelm Jacobus Schoeman BTech Ana
Chief Operating Officer
70
9 Ms. Kgomotso Mbanyele
Company Secretary
70

DRDGOLD Limited Competitors