# DRDGOLD Limited (DRD) fundamentals

Data as of 2026-11-04. NYSE, United States. Sector: Basic Materials / Mining & Metals. Price $22.56, market value $2.0 billion.

## Valuation
- **P/E (trailing): 7.8×** (5-yr avg 4.3×, 3-yr avg 3.6×). DRDGOLD Limited trades at 7.8× trailing earnings, well above its own five-year average of 4.3×: investors are paying up relative to the company's past. The Basic Materials median in the September 2026 study was 19.0×.
- **Price / sales: 2.9×**. Each dollar of revenue is priced at 2.9×.
- **Price / book: 2.5×**. The shares trade at 2.5× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 4.6×**. Enterprise value is 4.6× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 6.6%** (5-yr avg 27.6%). Free cash flow equals 6.6% of the market value, below its five-year average of 27.6%, so the shares are pricier on cash than usual. Above 5% is generally attractive.
- **Earnings yield: 12.8%**. The inverse of the P/E: 12.8% of the price is earned each year.

## Profitability
- **Gross margin: 53.5%**. DRDGOLD Limited keeps 53.5% of revenue after the direct cost of what it sells.
- **Operating margin: 51.4%**. 51.4% of revenue is left after running the business, an exceptional level.
- **Net margin: 38.1%**. 38.1% of each dollar of sales reaches the bottom line.
- **Return on equity: 33.4%**. 33.4% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on invested capital: 41.5%**. Return on all capital, debt included, is 41.5%: comfortably above what that capital costs.
- **Return on assets: 24.4%**. Each dollar of assets produces 24.4% of profit.

## Growth
- **Revenue growth (1 yr): 41.6%** (3-yr 26.6%/yr, 5-yr 16.2%/yr). Revenue grew 41.6% over the last year, against 16.2% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): 1788.8%** (3-yr 220.9%/yr, 5-yr 96.5%/yr). Earnings per share rose 1788.8%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): 61.3%/yr**. Free cash flow has compounded at 61.3% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Debt to equity: 0.00**. Debt is 0.00 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. DRDGOLD Limited holds more cash than debt.
- **Interest coverage: 62.6×**. Operating profit covers interest 62.6× over, a safe margin.
- **Current ratio: 3.62** (quick 3.07). Current assets cover the next year's liabilities 3.62 times.
- **Altman Z-score: 3.19**. A Z-score of 3.19 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 7/9**. 7 of 9 fundamental checks pass: strong and improving financials.

## Dividends
- **Dividend yield: 4.58%** ($1.03 per share, trailing). DRDGOLD Limited yields 4.58%, an income-level yield.
- **Payout ratio: 18%** (36% of free cash flow). 18% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 1**. 1 straight year of increases.
- **Dividend growth (5 yr): -7.9%/yr** (1-yr 58.5%). The dividend has not grown over five years.

## Price and momentum
- **Total return (1 yr): -8.1%** (YTD -25.2%, 3-mo 9.8%). The shares are down 8.1% over twelve months including dividends.
- **From 52-week high: -42.7%** (15.9% above the low). Trading 43% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 39**. An RSI of 39 is neutral.
- **Beta (1 yr): 1.92** (volatility 56%). Beta of 1.92 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=DRD · Page: https://foliofundamentals.com/stocks/drd

Not investment advice.
