# OR Royalties Inc. (OR) fundamentals

Data as of 2026-11-04. NYSE, United States. Sector: Basic Materials / Mining & Metals. Price $32.17, market value $6.0 billion.

## Valuation
- **P/E (trailing): 21.3×** (5-yr avg 89.9×, 3-yr avg 158.9×). OR Royalties Inc. trades at 21.3× trailing earnings, well below its own five-year average of 89.9×: cheap by its own standards. The Basic Materials median in the September 2026 study was 19.0×. Forward P/E is 23.8×, higher than trailing, so analysts expect earnings to fall.
- **PEG: 0.01**. A PEG of 0.01 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 15.4×**. Each dollar of revenue is priced at 15.4×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 4.1×**. The shares trade at 4.1× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 14.0×**. Enterprise value is 14.0× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: -1.7%** (5-yr avg 0.5%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.
- **Earnings yield: 4.7%**. The inverse of the P/E: 4.7% of the price is earned each year.

## Profitability
- **Gross margin: 84.5%**. OR Royalties Inc. keeps 84.5% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 76.3%**. 76.3% of revenue is left after running the business, an exceptional level.
- **Net margin: 74.3%**. 74.3% of each dollar of sales reaches the bottom line.
- **Return on equity: 14.7%**. 14.7% on shareholders' equity is solid.
- **Return on invested capital: 19.8%**. Return on all capital, debt included, is 19.8%: comfortably above what that capital costs.
- **Return on assets: 20.1%**. Each dollar of assets produces 20.1% of profit.

## Growth
- **Revenue growth (1 yr): 112.7%** (3-yr 20.2%/yr, 5-yr 11.0%/yr). Revenue grew 112.7% over the last year, against 11.0% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): 1667.5%** (3-yr 21.4%/yr, 5-yr 69.9%/yr). Earnings per share rose 1667.5%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Debt to equity: 0.01**. Debt is 0.01 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. OR Royalties Inc. holds more cash than debt.
- **Interest coverage: 55.8×**. Operating profit covers interest 55.8× over, a safe margin.
- **Current ratio: 4.53** (quick 4.53). Current assets cover the next year's liabilities 4.53 times.
- **Altman Z-score: 27.36**. A Z-score of 27.36 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: 0.81%** ($0.23 per share, trailing). OR Royalties Inc. yields 0.81%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 17%**. 17% of earnings goes out as dividends, leaving room to keep raising it.
- **Dividend growth (5 yr): 5.4%/yr** (1-yr -13.6%). The dividend has grown 5.4% a year over five years.
- **Shareholder yield: 1.8%**. Dividends plus net buybacks return 1.8% of the market value a year.

## Analyst view
- **Analyst consensus: buy** (4 analysts). 4 analysts cover OR Royalties Inc.; the consensus is buy, with an average price target of $43.75 (+36% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 2.9%** (YTD -7.0%, 3-mo 7.8%). The shares are up 2.9% over twelve months including dividends.
- **From 52-week high: -33.1%** (16.8% above the low). Trading 33% 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): 42**. An RSI of 42 is neutral.
- **Beta (1 yr): 1.52** (volatility 46%). Beta of 1.52 against the S&P 500: the shares move much more than the market.

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

Not investment advice.