DRD Valuation

DRDGOLD Ltd

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16.740

+1.31(8.490%)1D

Overview
Forecast
Valuation
Earnings

DRD Relative Valuation

DRD's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, DRD is overvalued; if below, it's undervalued.

Historical Valuation

DRDGOLD Ltd (DRD) is now in the Fair zone, suggesting that its current forward PE ratio of 14.73 is considered Fairly compared with the five-year average of 10.15. The fair price of DRDGOLD Ltd (DRD) is between 7.51 to 17.63 according to relative valuation methord.

Relative Value

Fair Zone

7.51-17.63

Current Price：16.79

Fair

15.61

Trailing

Forward

6.34

EV/EBITDA

DRDGOLD Ltd. (DRD) has a current EV/EBITDA of 6.34. The 5-year average EV/EBITDA is 4.94. The thresholds are as follows: Strongly Undervalued below -4.05, Undervalued between -4.05 and 0.45, Fairly Valued between 9.44 and 0.45, Overvalued between 9.44 and 13.94, and Strongly Overvalued above 13.94. The current Forward EV/EBITDA of 6.34 falls within the Historic Trend Line -Fairly Valued range.

6.40

EV/EBIT

DRDGOLD Ltd. (DRD) has a current EV/EBIT of 6.40. The 5-year average EV/EBIT is 4.49. The thresholds are as follows: Strongly Undervalued below -4.41, Undervalued between -4.41 and 0.04, Fairly Valued between 8.95 and 0.04, Overvalued between 8.95 and 13.40, and Strongly Overvalued above 13.40. The current Forward EV/EBIT of 6.40 falls within the Historic Trend Line -Fairly Valued range.

2.90

DRDGOLD Ltd. (DRD) has a current PS of 2.90. The 5-year average PS is 2.04. The thresholds are as follows: Strongly Undervalued below 0.45, Undervalued between 0.45 and 1.24, Fairly Valued between 2.83 and 1.24, Overvalued between 2.83 and 3.63, and Strongly Overvalued above 3.63. The current Forward PS of 2.90 falls within the Overvalued range.

7.42

P/OCF

DRDGOLD Ltd. (DRD) has a current P/OCF of 7.42. The 5-year average P/OCF is 5.39. The thresholds are as follows: Strongly Undervalued below -3.83, Undervalued between -3.83 and 0.78, Fairly Valued between 10.00 and 0.78, Overvalued between 10.00 and 14.61, and Strongly Overvalued above 14.61. The current Forward P/OCF of 7.42 falls within the Historic Trend Line -Fairly Valued range.

130.24

P/FCF

DRDGOLD Ltd. (DRD) has a current P/FCF of 130.24. The 5-year average P/FCF is 1.39. The thresholds are as follows: Strongly Undervalued below -211.81, Undervalued between -211.81 and -105.21, Fairly Valued between 107.98 and -105.21, Overvalued between 107.98 and 214.58, and Strongly Overvalued above 214.58. The current Forward P/FCF of 130.24 falls within the Overvalued range.

DRDGOLD Ltd (DRD) has a current Price-to-Book (P/B) ratio of 2.88. Compared to its 3-year average P/B ratio of 2.28 , the current P/B ratio is approximately 26.26% higher. Relative to its 5-year average P/B ratio of 2.41, the current P/B ratio is about 19.67% higher. DRDGOLD Ltd (DRD) has a Forward Free Cash Flow (FCF) yield of approximately -2.06%. Compared to its 3-year average FCF yield of -0.10%, the current FCF yield is approximately 2011.77% lower. Relative to its 5-year average FCF yield of 3.43% , the current FCF yield is about -159.93% lower.

3.06

P/B

Median3y

2.28

Median5y

2.41

-2.10

FCF Yield

Median3y

-0.10

Median5y

3.43

Competitors Valuation Multiple

The average P/S ratio for DRD's competitors is 3.55, providing a benchmark for relative valuation. DRDGOLD Ltd Corp (DRD) exhibits a P/S ratio of 2.90, which is -18.29% above the industry average. Given its robust revenue growth of %, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

Anglogold Ashanti PLC

3.01

27.68B

PAAS.N

Pan American Silver Corp

Compania de Minas Buenaventura SAA

Performance Decomposition

Market capitalization of DRD increased by 0.00% over the past 1 year. The primary factor behind the change was an decrease in Unknown from 0.00 to 0.00.

The secondary factor is the Unknown, contributed 0.00%to the performance.

Overall, the performance of DRD in the past 1 year is driven by Unknown.