DRDGOLD Limited (DRD) Financial Ratios
29 years of historical data (1997–2025) · Basic Materials · Gold
EV/EBITDA
↑
24.18
↑+18263% vs avg
5yr avg: 0.13
30Y Low0.0·High5.6
P/FCF
↑
27.52
↑+2606% vs avg
5yr avg: 1.02
30Y Low0.4·High27.5
P/B Ratio
↓
3.90
↑+2800% vs avg
5yr avg: 0.13
30Y Low0.0·High12.2
ROE
↓
28.4%
↓+14% vs avg
5yr avg: 25.0%
30Y Low-338%·High217%
Debt/EBITDA
↓
0.01
↓-42% vs avg
5yr avg: 0.02
30Y Low0.0·High5.5
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
DRD Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
DRDGOLD Limited trades at 15.4x earnings, 2568% above its 5-year average of 0.6x, sitting at the 100th percentile of its historical range. Compared to the Basic Materials sector median P/E of 23.6x, the stock trades at a discount of 35%. On a free-cash-flow basis, the stock trades at 27.5x P/FCF, 2606% above the 5-year average of 1.0x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $2.1B | $1.2B | $745M | $919M | $505M | $936M | $1.2B | $207M | $107M | $133M | $249M |
| Enterprise Value | $2.0B | $-133951211 | $253M | $-1501710144 | $-1957214056 | $-1189239726 | $-430554185 | $-61118001 | $-180194550 | $-103948360 | $-83506685 |
| P/E Ratio → | 15.42 | 0.51 | 0.56 | 0.72 | 0.45 | 0.65 | 0.19 | 0.27 | 1.69 | 0.98 | 0.40 |
| P/S Ratio | 4.39 | 0.15 | 0.12 | 0.17 | 0.10 | 0.18 | 0.30 | 0.08 | 0.04 | 0.06 | 0.10 |
| P/B Ratio | 3.90 | 0.13 | 0.11 | 0.15 | 0.09 | 0.19 | 0.31 | 0.08 | 0.08 | 0.10 | 0.19 |
| P/FCF | 27.52 | 0.92 | — | 1.80 | 0.55 | 0.79 | 1.31 | — | 0.99 | — | 0.79 |
| P/OCF | 9.84 | 0.33 | 0.40 | 0.55 | 0.34 | 0.59 | 1.10 | 0.72 | 0.46 | 2.58 | 0.60 |
P/E links to full P/E history page with 30-year chart
DRD EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
DRDGOLD Limited's enterprise value stands at 24.2x EBITDA, 18263% above its 5-year average of 0.1x. The Basic Materials sector median is 11.0x, placing the stock at a 120% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | -0.02 | 0.04 | -0.27 | -0.38 | -0.23 | -0.10 | -0.02 | -0.07 | -0.04 | -0.03 |
| EV / EBITDA | 24.18 | -0.10 | 0.13 | -0.89 | -1.21 | -0.56 | -0.34 | -0.17 | -0.68 | -0.52 | -0.28 |
| EV / EBIT | 36.30 | -0.05 | 0.16 | -0.89 | -1.33 | -0.67 | -0.44 | -0.32 | -4.95 | — | -0.55 |
| EV / FCF | — | -0.11 | — | -2.94 | -2.14 | -1.01 | -0.45 | — | -1.67 | — | -0.26 |
DRD Profitability
Margins and return-on-capital ratios measuring operating efficiency
DRDGOLD Limited earns an operating margin of 11.6%, roughly in line with the Basic Materials sector average. Operating margins have compressed from 25.9% to 11.6% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 28.4% indicates solid capital efficiency. ROIC of 9.8% represents adequate returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 39.7% | 39.7% | 29.0% | 28.8% | 26.9% | 35.7% | 29.8% | 7.5% | 5.7% | 1.4% | 8.1% |
| Operating Margin | 11.6% | 11.6% | 25.8% | 25.9% | 25.5% | 34.5% | 22.4% | 4.5% | 2.1% | -1.0% | 4.9% |
| Net Profit Margin | 28.5% | 28.5% | 21.3% | 23.3% | 22.0% | 27.3% | 15.2% | 2.8% | 0.3% | 0.6% | 2.5% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 28.4% | 28.4% | 20.2% | 21.9% | 21.9% | 32.5% | 18.9% | 4.0% | 0.5% | 1.0% | 4.3% |
| ROA | 20.7% | 20.7% | 15.1% | 16.8% | 16.7% | 24.0% | 13.0% | 2.4% | 0.3% | 0.6% | 2.5% |
| ROIC | 9.8% | 9.8% | 23.6% | 31.2% | 34.6% | 53.8% | 29.4% | 5.5% | 3.8% | -1.8% | 7.9% |
| ROCE | 9.3% | 9.3% | 20.2% | 20.5% | 21.3% | 33.8% | 22.0% | 4.4% | 2.6% | -1.2% | 5.6% |
DRD Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
DRDGOLD Limited carries a Debt/EBITDA ratio of 0.0x, which is very conservative (99% below the sector average of 2.4x). The company holds a net cash position — cash of $1.3B exceeds total debt of $17M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.01 | 0.01 | 0.01 |
| Debt / EBITDA | 0.01 | 0.01 | 0.02 | 0.02 | 0.03 | 0.03 | 0.04 | 0.03 | 0.06 | 0.08 | 0.06 |
| Net Debt / Equity | — | -0.15 | -0.07 | -0.39 | -0.45 | -0.44 | -0.41 | -0.10 | -0.23 | -0.18 | -0.25 |
| Net Debt / EBITDA | -0.94 | -0.94 | -0.26 | -1.44 | -1.52 | -1.01 | -1.32 | -0.74 | -1.08 | -1.17 | -1.11 |
| Debt / FCF | — | -1.03 | — | -4.74 | -2.70 | -1.80 | -1.76 | — | -2.66 | — | -1.05 |
| Interest Coverage | — | — | 23.85 | 20.21 | 17.93 | 30.85 | 13.63 | 1.60 | 0.89 | -0.47 | 2.52 |
Net cash position: cash ($1.3B) exceeds total debt ($17M)
DRD Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
DRDGOLD Limited's current ratio of 2.28x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The quick ratio of 1.76x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has declined from 4.47x to 2.28x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.28 | 2.28 | 1.57 | 4.47 | 4.92 | 5.03 | 2.94 | 1.43 | 1.95 | 2.13 | 1.92 |
| Quick Ratio | 1.76 | 1.76 | 1.08 | 3.90 | 4.30 | 4.39 | 2.50 | 0.77 | 1.23 | 1.43 | 1.40 |
| Cash Ratio | 1.30 | 1.30 | 0.55 | 3.42 | 4.02 | 4.10 | 2.30 | 0.61 | 0.94 | 0.99 | 1.12 |
| Asset Turnover | — | 0.64 | 0.66 | 0.67 | 0.72 | 0.83 | 0.74 | 0.68 | 1.06 | 1.02 | 1.01 |
| Inventory Turnover | 9.08 | 9.08 | 9.63 | 9.46 | 9.61 | 9.97 | 9.08 | 8.38 | 10.08 | 12.80 | 13.92 |
| Days Sales Outstanding | — | 15.27 | 20.65 | 8.64 | 10.19 | 9.37 | 11.01 | 8.79 | 11.58 | 17.36 | 9.79 |
DRD Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
DRDGOLD Limited returns 1.2% to shareholders annually primarily through dividends. The payout ratio of 19.2% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 6.5% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.2% | 37.3% | 98.2% | 56.1% | 100.0% | 68.5% | 45.6% | — | 39.4% | 38.1% | 100.0% |
| Payout Ratio | 19.2% | 19.2% | 55.1% | 40.2% | 45.7% | 44.5% | 88.9% | — | 649.2% | 369.3% | 408.6% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 6.5% | 194.3% | 178.9% | 139.4% | 223.2% | 153.6% | 513.0% | 377.0% | 59.1% | 101.6% | 249.2% |
| FCF Yield | 3.6% | 108.8% | — | 55.6% | 180.8% | 125.8% | 76.6% | — | 100.6% | — | 126.9% |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.1% | 0.0% | 0.0% | 2.6% |
| Total Shareholder Yield | 1.2% | 37.3% | 98.2% | 56.1% | 100.0% | 68.5% | 45.6% | 0.1% | 39.4% | 38.1% | 100.0% |
| Shares Outstanding | — | $87M | $87M | $86M | $86M | $86M | $78M | $68M | $42M | $42M | $42M |
Peer Comparison
Compare DRD with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 DRDYou | $2B | 15.4 | 24.2 | 27.5 | 39.7% | 11.6% | 28.4% | 9.8% | 0.0 |
 AU | $46B | 17.5 | 8.3 | 14.8 | 46.5% | 45.1% | 28.6% | 35.9% | 0.4 |
 HMY | $11B | 12.2 | 6.5 | 16.1 | 39.7% | 27.5% | 32.2% | 40.1% | 0.1 |
 GFI | $35B | 28.0 | 13.5 | 48.7 | 42.5% | 40.2% | 24.9% | 24.0% | 1.1 |
 SBSW | $7B | -23.3 | 4.4 | 66.5 | 23.8% | 18.5% | -10.4% | 22.9% | 1.4 |
 EGO | $7B | 13.2 | 6.7 | — | 44.9% | 41.5% | 12.6% | 13.3% | 1.2 |
 NEM | $115B | 16.2 | 8.2 | 15.8 | 49.8% | 46.9% | 22.1% | 24.9% | 0.0 |
 KGC | $32B | 13.4 | 7.2 | 12.4 | 47.5% | 43.2% | 31.0% | 29.9% | 0.2 |
 IAG | $10B | 14.6 | 6.6 | 12.9 | 41.2% | 38.9% | 17.7% | 19.1% | 0.5 |
 AEM | $83B | 18.8 | 10.2 | 19.6 | 58.1% | 53.1% | 19.6% | 21.9% | 0.0 |
 WPM | $56B | 37.3 | 28.2 | 97.0 | 72.2% | 68.8% | 18.8% | 17.4% | 0.0 |
| Basic Materials Median | — | 23.6 | 11.0 | 29.0 | 30.9% | 10.3% | -0.0% | 4.6% | 2.4 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 29 years · Updated daily
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DRD — Frequently Asked Questions
Quick answers to the most common questions about buying DRD stock.
What is DRDGOLD Limited's P/E ratio?
DRDGOLD Limited's current P/E ratio is 15.4x. The historical average is 1.0x. This places it at the 100th percentile of its historical range.
What is DRDGOLD Limited's EV/EBITDA?
DRDGOLD Limited's current EV/EBITDA is 24.2x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 1.4x.
What is DRDGOLD Limited's ROE?
DRDGOLD Limited's return on equity (ROE) is 28.4%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is -16.0%.
Is DRD stock overvalued?
Based on historical data, DRDGOLD Limited is trading at a P/E of 15.4x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is DRDGOLD Limited's dividend yield?
DRDGOLD Limited's current dividend yield is 1.25% with a payout ratio of 19.2%.
What are DRDGOLD Limited's profit margins?
DRDGOLD Limited has 39.7% gross margin and 11.6% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does DRDGOLD Limited have?
DRDGOLD Limited's Debt/EBITDA ratio is 0.0x, indicating low leverage. A ratio below 2x is generally considered financially healthy.