(DRD) DRDGOLD - Overview
Stock: Gold, Silver, Tailings
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 2.18% |
| Yield on Cost 5y | 4.45% |
| Yield CAGR 5y | -8.40% |
| Payout Consistency | 49.9% |
| Payout Ratio | 1.5% |
| Risk 5d forecast | |
|---|---|
| Volatility | 62.9% |
| Relative Tail Risk | -5.68% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 2.09 |
| Alpha | 203.54 |
| Character TTM | |
|---|---|
| Beta | 0.182 |
| Beta Downside | 0.217 |
| Drawdowns 3y | |
|---|---|
| Max DD | 48.93% |
| CAGR/Max DD | 1.43 |
Description: DRD DRDGOLD January 16, 2026
DRDGOLD Limited (NYSE: DRD) is a South-African gold miner that generates revenue by retreating surface-mine tailings to extract gold and, to a lesser extent, silver bullion. The firm also offers ancillary services such as care-and-maintenance, renewable-energy generation, employee home-loan financing, and operates a training centre. Incorporated in 1895 and headquartered in Johannesburg, the company rebranded from Durban Roodepoort Deep Limited in 2004 and currently operates as a subsidiary of Sibanye Gold Limited.
Key operational metrics (FY 2023) include ≈ 1.2 million ounces of gold produced at an average cash cost of ≈ US$800 per ounce, positioning DRD among the lower-cost producers in the sector. The company’s tailings-re-treatment model yields a ~ 30 % higher metal recovery rate than conventional processing, providing a built-in hedge against declining ore grades. South Africa’s macro-environment-particularly electricity supply constraints and labor-policy uncertainty-remains a primary driver of DRD’s cost structure, while the firm’s 30 % renewable-energy mix mitigates exposure to power-price volatility.
For a deeper quantitative view, you might explore DRD’s metrics on ValueRay.
Piotroski VR‑10 (Strict, 0-10) 7.0
| Net Income: 3.72b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.03 > 0.02 and ΔFCF/TA 4.01 > 1.0 |
| NWC/Revenue: 8.90% < 20% (prev 6.04%; Δ 2.86% < -1%) |
| CFO/TA 0.47 > 3% & CFO 5.73b > Net Income 3.72b |
| Net Debt (-1.29b) to EBITDA (5.92b): -0.22 < 3 |
| Current Ratio: 2.28 > 1.5 & < 3 |
| Outstanding Shares: last quarter (867.3m) vs 12m ago 0.18% < -2% |
| Gross Margin: 35.65% > 18% (prev 0.28%; Δ 3537 % > 0.5%) |
| Asset Turnover: 132.8% > 50% (prev 94.56%; Δ 38.27% > 0%) |
| Interest Coverage Ratio: 177.1 > 6 (EBITDA TTM 5.92b / Interest Expense TTM 28.9m) |
Altman Z'' 7.35
| A: 0.10 (Total Current Assets 2.28b - Total Current Liabilities 1.00b) / Total Assets 12.25b |
| B: 0.22 (Retained Earnings 2.69b / Total Assets 12.25b) |
| C: 0.47 (EBIT TTM 5.12b / Avg Total Assets 10.85b) |
| D: 2.64 (Book Value of Equity 8.88b / Total Liabilities 3.36b) |
| Altman-Z'' Score: 7.35 = AAA |
Beneish M -3.45
| DSRI: 0.43 (Receivables 329.6m/479.0m, Revenue 14.41b/8.94b) |
| GMI: 0.80 (GM 35.65% / 28.38%) |
| AQI: 0.94 (AQ_t 0.12 / AQ_t-1 0.12) |
| SGI: 1.61 (Revenue 14.41b / 8.94b) |
| TATA: -0.16 (NI 3.72b - CFO 5.73b) / TA 12.25b) |
| Beneish M-Score: -3.45 (Cap -4..+1) = AA |
What is the price of DRD shares?
Over the past week, the price has changed by +3.65%, over one month by +1.17%, over three months by +30.20% and over the past year by +200.88%.
Is DRD a buy, sell or hold?
- StrongBuy: 0
- Buy: 1
- Hold: 0
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the DRD price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 46.5 | 41% |
| Analysts Target Price | 46.5 | 41% |
| ValueRay Target Price | 48.2 | 46.1% |
DRD Fundamental Data Overview February 01, 2026
P/E Forward = 14.3885
P/S = 0.3656
P/B = 5.4968
Revenue TTM = 14.41b USD
EBIT TTM = 5.12b USD
EBITDA TTM = 5.92b USD
Long Term Debt = 10.0m USD (from longTermDebtTotal, last quarter)
Short Term Debt = 7.40m USD (from shortTermDebt, last quarter)
Debt = 17.4m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -1.29b USD (from netDebt column, last quarter)
Enterprise Value = 1.59b USD (2.88b + Debt 17.4m - CCE 1.31b)
Interest Coverage Ratio = 177.1 (Ebit TTM 5.12b / Interest Expense TTM 28.9m)
EV/FCF = -4.57x (Enterprise Value 1.59b / FCF TTM -348.4m)
FCF Yield = -21.89% (FCF TTM -348.4m / Enterprise Value 1.59b)
FCF Margin = -2.42% (FCF TTM -348.4m / Revenue TTM 14.41b)
Net Margin = 25.83% (Net Income TTM 3.72b / Revenue TTM 14.41b)
Gross Margin = 35.65% ((Revenue TTM 14.41b - Cost of Revenue TTM 9.27b) / Revenue TTM)
Gross Margin QoQ = 44.62% (prev 33.66%)
Tobins Q-Ratio = 0.13 (Enterprise Value 1.59b / Total Assets 12.25b)
Interest Expense / Debt = 35.06% (Interest Expense 6.10m / Debt 17.4m)
Taxrate = 27.69% (487.3m / 1.76b)
NOPAT = 3.70b (EBIT 5.12b * (1 - 27.69%))
Current Ratio = 2.28 (Total Current Assets 2.28b / Total Current Liabilities 1.00b)
Debt / Equity = 0.00 (Debt 17.4m / totalStockholderEquity, last quarter 8.88b)
Debt / EBITDA = -0.22 (Net Debt -1.29b / EBITDA 5.92b)
Debt / FCF = 3.70 (negative FCF - burning cash) (Net Debt -1.29b / FCF TTM -348.4m)
Total Stockholder Equity = 7.59b (last 4 quarters mean from totalStockholderEquity)
RoA = 34.31% (Net Income 3.72b / Total Assets 12.25b)
RoE = 49.06% (Net Income TTM 3.72b / Total Stockholder Equity 7.59b)
RoCE = 67.40% (EBIT 5.12b / Capital Employed (Equity 7.59b + L.T.Debt 10.0m))
RoIC = 53.73% (NOPAT 3.70b / Invested Capital 6.89b)
WACC = 6.70% (E(2.88b)/V(2.90b) * Re(6.59%) + D(17.4m)/V(2.90b) * Rd(35.06%) * (1-Tc(0.28)))
Discount Rate = 6.59% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 100.0 | Cagr: 0.11%
Fair Price DCF = unknown (Cash Flow -348.4m)
EPS Correlation: 55.82 | EPS CAGR: 214.7% | SUE: 4.0 | # QB: 1
Revenue Correlation: 57.43 | Revenue CAGR: 16.60% | SUE: N/A | # QB: 0
EPS current Year (2026-06-30): EPS=1.41 | Chg30d=-0.219 | Revisions Net=-1 | Growth EPS=-4.2% | Growth Revenue=+32.6%