Drdgold Ltd Adr Stock Five Year Return
DRD Stock | USD 8.02 0.14 1.78% |
DRDGOLD Ltd ADR fundamentals help investors to digest information that contributes to DRDGOLD's financial success or failures. It also enables traders to predict the movement of DRDGOLD Stock. The fundamental analysis module provides a way to measure DRDGOLD's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to DRDGOLD stock.
DRDGOLD | Five Year Return |
DRDGOLD Five Year Return Analysis
DRDGOLD's Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
More About Five Year Return | All Equity Analysis
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 72.9M | 70.4M | 81.0M | 48.5M | Depreciation And Amortization | 321.7M | 217.5M | 250.1M | 186.9M |
Five Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current DRDGOLD Five Year Return | 3.92 % |
Most of DRDGOLD's fundamental indicators, such as Five Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, DRDGOLD Ltd ADR is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
DRDGOLD Five Year Return Driver Correlations
Understanding the fundamental principles of building solid financial models for DRDGOLD is extremely important. It helps to project a fair market value of DRDGOLD Stock properly, considering its historical fundamentals such as Five Year Return. Since DRDGOLD's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of DRDGOLD's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of DRDGOLD's interrelated accounts and indicators.
Click cells to compare fundamentals
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
Competition |
DRDGOLD Return On Capital Employed
Return On Capital Employed |
|
According to the company disclosure, DRDGOLD Ltd ADR has a Five Year Return of 3.92%. This is much higher than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The five year return for all United States stocks is notably lower than that of the firm.
DRDGOLD Five Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses DRDGOLD's direct or indirect competition against its Five Year Return to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of DRDGOLD could also be used in its relative valuation, which is a method of valuing DRDGOLD by comparing valuation metrics of similar companies.DRDGOLD is currently under evaluation in five year return category among related companies.
DRDGOLD Fundamentals
Return On Equity | 0.22 | ||||
Return On Asset | 0.12 | ||||
Profit Margin | 0.23 % | ||||
Operating Margin | 0.22 % | ||||
Current Valuation | 572.42 M | ||||
Shares Outstanding | 86.15 M | ||||
Shares Owned By Institutions | 15.94 % | ||||
Number Of Shares Shorted | 1.04 M | ||||
Price To Earning | 6.60 X | ||||
Price To Book | 2.06 X | ||||
Price To Sales | 0.12 X | ||||
Revenue | 5.5 B | ||||
Gross Profit | 1.59 B | ||||
EBITDA | 1.88 B | ||||
Net Income | 1.28 B | ||||
Cash And Equivalents | 2.47 B | ||||
Cash Per Share | 29.44 X | ||||
Total Debt | 39.7 M | ||||
Debt To Equity | 0.01 % | ||||
Current Ratio | 4.92 X | ||||
Book Value Per Share | 73.14 X | ||||
Cash Flow From Operations | 1.66 B | ||||
Short Ratio | 3.90 X | ||||
Earnings Per Share | 0.78 X | ||||
Target Price | 13.25 | ||||
Number Of Employees | 927 | ||||
Beta | 1.31 | ||||
Market Capitalization | 715.57 M | ||||
Total Asset | 8.15 B | ||||
Retained Earnings | 86.2 M | ||||
Working Capital | 2.5 B | ||||
Current Asset | 57.55 M | ||||
Current Liabilities | 31.92 M | ||||
Z Score | 12.63 | ||||
Annual Yield | 0.06 % | ||||
Five Year Return | 3.92 % | ||||
Net Asset | 8.15 B | ||||
Last Dividend Paid | 8.5 |
About DRDGOLD Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze DRDGOLD Ltd ADR's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of DRDGOLD using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of DRDGOLD Ltd ADR based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.DRDGOLD Limited, a gold mining company, engages in the surface gold tailings retreatment business in South Africa. DRDGOLD Limited operates as a subsidiary of Sibanye Gold Limited. DRDGOLD operates under Gold classification in the United States and is traded on New York Stock Exchange.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards DRDGOLD in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, DRDGOLD's short interest history, or implied volatility extrapolated from DRDGOLD options trading.
Pair Trading with DRDGOLD
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if DRDGOLD position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in DRDGOLD will appreciate offsetting losses from the drop in the long position's value.Moving together with DRDGOLD Stock
0.71 | AA | Alcoa Corp Fiscal Quarter End 31st of March 2024 | PairCorr |
The ability to find closely correlated positions to DRDGOLD could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DRDGOLD when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back DRDGOLD - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling DRDGOLD Ltd ADR to buy it.
The correlation of DRDGOLD is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as DRDGOLD moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DRDGOLD Ltd ADR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for DRDGOLD can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out DRDGOLD Piotroski F Score and DRDGOLD Altman Z Score analysis. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Complementary Tools for DRDGOLD Stock analysis
When running DRDGOLD's price analysis, check to measure DRDGOLD's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy DRDGOLD is operating at the current time. Most of DRDGOLD's value examination focuses on studying past and present price action to predict the probability of DRDGOLD's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DRDGOLD's price. Additionally, you may evaluate how the addition of DRDGOLD to your portfolios can decrease your overall portfolio volatility.
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
Commodity Directory Find actively traded commodities issued by global exchanges | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets |
Is DRDGOLD's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of DRDGOLD. If investors know DRDGOLD will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about DRDGOLD listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.095 | Dividend Share 8.5 | Earnings Share 0.78 | Revenue Per Share 67.565 | Quarterly Revenue Growth 0.121 |
The market value of DRDGOLD Ltd ADR is measured differently than its book value, which is the value of DRDGOLD that is recorded on the company's balance sheet. Investors also form their own opinion of DRDGOLD's value that differs from its market value or its book value, called intrinsic value, which is DRDGOLD's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because DRDGOLD's market value can be influenced by many factors that don't directly affect DRDGOLD's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between DRDGOLD's value and its price as these two are different measures arrived at by different means. Investors typically determine if DRDGOLD is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DRDGOLD's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.