DRDGOLD Limited DRD

25.21 0.27 1.08% as of 25 Sep
Market cap
$2.2B
P/E
155×
Growth Flags show if company had growth for consecutive years

Insider Decisions

Total sells 0.16
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — 3
Insider Ownership 0.00%

Capital & Financial Ratios

Market Cap 2,190.00
Revenue 623.07
Net Income 542.21
Free Cash Flow 253.25
Net Debt (163.61)
Current Ratio 3.62
Debt/Equity 0.00
P/E ratio 154.65
P/S ratio 3.49
P/B ratio 2.89
Past 5Y EPS Growth 150.85%
This Y EPS Growth 8.23%
Next Y EPS Growth 35.69%
Next 5Y EPS Growth 14.42%
in millions of $

Dividends

Payout Ratio 0.46
Annual Dividend Rate 0.45
Annual Dividend Yield 4.19%
total individual payouts
2026 1.03
0.30
0.74
2025 0.40
0.17
0.23
2024 0.22
0.11
0.11
2023 0.45
0.11
0.34
2022 0.35
0.13
0.22
2021 0.52
0.26
0.26
2020 0.51
0.16
0.14
0.20
2019 0.13
0.13
2018 0.04
0.04
2017 0.04
0.04
2016 0.41
0.08
0.24
0.09
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 2026
Cash 139 28 72 164
Receivables 19 27 18 28
Inventory 23 25 29 34
Other 11 — 7 —
181 80 126 226
2023 2024 2025 2026
Payables 40 49 53 60
ST’ Debt 1 — — —
Other 9 — 1 —
41 51 55 62
in millions of $

Compound Annual Growth

10y 5y 3y
Sales 14.60% 13.97% 28.69%
Cash Flow 27.80% 26.78% 53.24%
Earnings 50.22% 21.83% 51.62%
Book Value 23.28% 19.15% 28.72%

Revenue

Mar Jun Sep Dec Year
’26 — — — — —
’26 — — — — 661
’25 — — — — 434
’24 — — — — 334
’23 — 150 — 156 310
’22 — 160 — 157 337
’21 — 160 — 203 344
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 — — — — —
’26 — 336 — 135 336
’25 — 193 — 72 193
’24 — 99 — 39 99
’23 — 93 — 36 93
’22 — 99 — 39 99
’21 — 103 — 67 103
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 — — — — —
’26 — 127 — 38 127
’25 — 69 — 19 69
’24 — (61) — (18) (61)
’23 — 29 — 14 29
’22 — 61 — 27 61
’21 — 77 — 67 77
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 — — — — —
’26 — — — — 2.97
’25 — — — — 1.43
’24 — — — — 0.82
’23 — 0.05 — 0.04 0.84
’22 — 0.04 — 0.04 0.86
’21 — 0.04 — 0.07 1.09
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1.8
1Buy 2 3Hold 4 5Sell
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029
2.84 1.76 1.64 3.06 7.88 4.66 6.75 6.48 8.62 19.47

Analyst estimates 2027–2029

Powerpack
Low Price
6.67 3.38 5.35 18.05 13.29 10.96 13.85 12.70 34.80 39.37
High Price
2,215 2,304 2,617 2,573 2,791 2,959 3,082 2,956 3,410 —
Employees
0 0 0 0 0 0 0 0 0 0
Revenue/Emp
172 195 195 270 344 337 310 334 434 661
Revenue
1.37% 5.73% 7.54% 29.80% 35.70% 26.90% 28.84% 29.00% 39.74% 53.46%
Gross Margin
(3) 3 7 63 128 96 95 97 169 348
EBT
(1.57%) 1.30% 3.81% 23.39% 37.27% 28.49% 30.68% 29.12% 38.93% 52.72%
EBT Margin
(3) 3 7 41 94 74 72 71 124 252
Net Income
13 13 12 17 16 18 12 14 25 28
Depreciation
4.08 4.61 2.93 3.50 4.02 3.93 3.61 3.88 5.04 7.64
Revenue/Sh
0.02 0.01 0.08 0.53 1.10 0.86 0.84 0.83 1.43 2.99
Earnings/Sh
0.09 0.43 0.31 0.94 1.20 1.15 1.09 1.15 2.24 3.89
Cash Flow/Sh
(0.16) (0.22) (0.36) (0.15) (0.30) (0.44) (0.75) (1.85) (1.44) (2.42)
Capex/Sh
(0.07) 0.21 (0.06) 0.79 0.90 0.71 0.34 (0.71) 0.80 1.47
Free CF/Sh
2.27 2.35 2.85 3.38 3.68 4.18 4.12 4.28 5.68 8.73
Book Value/Sh
42 42 66 77 86 86 86 86 86 86
Shares
22.50 18.14 18.38 253.86 64.02 29.89 64.99 52.82 81.58 130.36
PE Ratio
0.71 0.57 0.68 2.92 1.47 0.74 1.47 1.19 1.84 2.95
PS Ratio
1.41 1.14 1.05 5.19 2.96 1.41 2.59 2.02 2.35 2.43
PB Ratio
0.63 0.47 0.66 2.68 1.25 0.50 1.25 1.15 1.73 2.68
EV/Sales
6.09 2.65 (27.27) 18.29 3.79 1.55 5.92 (19.91) 121.50 6.60
EV/FCF
4 18 20 73 103 99 93 99 193 336
Op' Cash Flow
(7) (9) (24) (12) (26) (38) (65) (160) (124) (209)
Capex
(3) 9 (4) 61 77 61 29 (61) 69 127
FCF
21 24 14 93 140 161 141 29 71 163
Working Cap'
1 1 1 3 4 3 2 1 1 0
Total Debt
(17) (22) (19) (107) (138) (163) (137) (27) (71) (164)
Net Debt
96 99 190 260 314 358 354 369 489 755
Sh' Equity
0.60% 0.29% 2.35% 12.55% 24.09% 16.81% 15.62% 14.72% 20.94% 29.51%
ROA
(1.44%) 3.32% 3.23% 24.72% 42.11% 27.55% 23.15% 15.77% 24.03% 35.91%
ROIC
1.07% 0.54% 3.93% 18.19% 32.68% 22.00% 20.31% 19.68% 28.80% 40.50%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Jun 2026 · latest quarter Jun 2023

DRDGOLD Limited (DRD) key facts

  • DRDGOLD Limited (DRD) is a Gold company in the Basic Materials sector, traded in the US as an ADR.
  • DRDGOLD Limited’s revenue for fiscal 2026 (year ended June 2026) was ZAR 660.6 million, up 52.2% from fiscal 2025.
  • As of September 25, 2026, DRD traded at $25.21, a market capitalization of $2.2 billion.
  • DRDGOLD Limited pays an annual dividend of $0.45 per share, a yield of 4.19%, with a payout ratio of 45.6%.
  • Return on equity was 40.5% and debt-to-equity 0.00.

Source: company filings (standardised) and stockrow calculations.

DRDGOLD Limited (DRD) Latest News

News by impact score

Fine-tune

24 Aug

4 transcript

DRDGold Ltd posted record production and 83% operating margins for FY 2026. Record production and 83% operating margins indicate substantial improvements in operational performance and financial health.

20 Aug

3

DRDGOLD Limited's Q4 earnings call noted progress on Vision 2028 targets offset by delays at the Withok project. Project delay at Withok alongside long-term vision updates creates moderate short-term effects on operations and sentiment.

19 Aug

3

DRDGOLD Limited reported H2 results with highlights from its earnings call covering production volumes, costs, revenue, and operational updates at its South African mines. H2 earnings updates supply fresh financial and production data that can shift near-term sentiment and valuation for DRDGOLD without altering long-term strategy.

30 Mar

4

DRDGOLD Limited faces operational headwinds challenging its ability to sustain gold output, with questions over long-term production stability amid rising costs and logistical issues. Operational headwinds directly threaten core production sustainability, likely significantly impacting future output and market performance.

23 Mar

3

DRDGOLD Limited (DRD) stock plunged 27% in four weeks, but remains a strong buy-the-dip opportunity due to underlying value and recovery potential. Bullish buy-the-dip advice counters 27% price drop and could moderately lift investor sentiment and short-term performance.

3 Mar

4

DRDGOLD Limited (NYSE:DRD) posted robust interim results and advanced its Vision 2028 strategy, sparking a detailed valuation review. Robust interim results and Vision 2028 progress represent major strategic advancements boosting DRDGOLD's financial outlook and investor confidence.

3

DRDGOLD Limited (DRD) reported strong interim growth despite a production dip. Strong interim growth despite production dip moderately boosts financial performance and investor sentiment.

27 Feb

3

DRDGOLD (DRD) exhibits strong momentum expected to persist due to favorable factors. Continued momentum signals moderately positive influence on DRDGOLD's market sentiment and performance.

20 Feb

4

DRDGold Ltd (DRD) delivered strong financial performance in H1 2026 earnings call highlights, with robust results amid operational challenges. Strong H1 2026 financial results signal significant positive momentum for DRDGOLD's future performance and investor sentiment.

18 Feb

3

DRDGOLD's H1 earnings call highlighted strong gold production growth, higher revenue from Far West Gold Recoveries, improved margins despite higher costs, positive cash flow, and reaffirmed full-year guidance amid favorable gold prices. H1 financial results show solid performance and guidance reaffirmation influencing near-term sentiment but balanced by operational costs and market gold prices.

17 Feb

4

DRDGOLD (NYSE:DRD) shows strong growth and upgrades production guidance, prompting a valuation reassessment. Strong growth and upgraded production guidance indicate significant potential for improved output, profitability, and investor sentiment.

16 Feb

4

DRDGOLD Limited shows stronger production trends and better cost control, potentially strengthening the investment case. Stronger production and cost control directly enhance core operational efficiency and profitability outlook for DRDGOLD.

4

Sibanye's renewable energy deal could lower DRDGOLD's power costs amid South Africa's energy challenges, potentially boosting the gold miner's profitability and market value. Sibanye's renewable deal directly influences DRDGOLD's major operating expense of power, likely improving financials and investor appeal.

4 Feb

3

DRDGOLD Limited is highlighted among five gold miner stocks recommended for purchase as the price of gold recovers some of its recent losses. The article emphasizes the potential for these stocks to benefit from the upward trend in gold prices, suggesting a positive outlook for investors in the gold mining sector. The recovery in gold prices may moderately influence DRDGOLD's financial performance and market sentiment.

16 Dec

3

DRDGOLD Limited (DRD) is highlighted as one of the leading gold stocks currently in or near buy zones, alongside a major European bank. The article emphasizes the potential for investment in these stocks due to favorable market conditions and strategic positioning. The mention of DRD being in a buy zone suggests a moderately noticeable influence on market sentiment and potential financial performance.

22 Nov

4

DRDGOLD Limited is undergoing a leadership shift that may impact its R8 billion expansion plan. The new leadership aims to enhance operational efficiency and drive growth in the company's gold recovery operations. Investors are keenly observing how these changes will influence the company's strategic direction and overall market performance. A leadership change in a major expansion plan can significantly alter the company's strategic trajectory and investor sentiment.

21 Nov

4

DRDGOLD Limited has experienced a remarkable 193.6% rally in 2025, raising questions about whether this surge accurately reflects the company's true value amidst ongoing gold price volatility. Analysts are examining the implications of fluctuating gold prices on DRDGOLD's financial health and market positioning, as the company navigates challenges and opportunities in the gold mining sector. Investors are urged to consider both the potential for continued growth and the risks associated with market instability. The significant rally in DRDGOLD's stock price amid gold price fluctuations indicates a major shift in market dynamics that could alter the company's trajectory.

4

DRDGOLD Limited is undergoing a leadership change and has announced a R8 billion growth initiative aimed at expanding its operations. The new strategy is expected to enhance the company's market position and financial performance, reflecting a commitment to long-term growth in the gold mining sector. Investors are closely monitoring these developments as they could significantly influence DRDGOLD's future trajectory. The leadership change and substantial growth initiative are likely to significantly impact DRDGOLD's future performance and market positioning.

20 Nov

3

Gold Fields reported a 22% increase in Q3 production, driven by a strong ramp-up at its Salares Norte project. The company highlighted improved operational efficiencies and higher output levels, contributing positively to its overall performance. This growth reflects the successful implementation of strategic initiatives aimed at enhancing production capabilities. The production increase may moderately influence Gold Fields' financial performance and competitive positioning in the gold mining sector.

27 Oct

3

DRDGOLD Limited (DRD) and Gold Fields Limited (GFI) are compared as potential investment options in the gold-mining sector. Key factors include financial performance, operational efficiency, and market conditions. DRD's focus on surface gold mining and its cost-effective operations are highlighted, while GFI's broader mining portfolio and production capabilities are also considered. Investors are advised to weigh these aspects against their investment strategies and market outlook. Both companies exhibit strengths and weaknesses that could moderately influence their market positions and investor sentiment.

22 Oct

3

DRDGOLD Limited reported an improved yield in Q1, indicating a positive trend in its operational performance. The company is focusing on maintaining this momentum, but questions remain about its ability to sustain such results in the long term. Analysts are closely monitoring the situation to assess future implications for the company's growth and market position. Improved yield may positively influence financial performance but is not expected to fundamentally alter the company's trajectory.

18 Oct

4

DRDGOLD Limited (NYSE:DRD) has received analyst upgrades and increased earnings estimates, prompting a reevaluation of its market valuation. These positive developments suggest a potential improvement in the company's financial outlook and investor sentiment, indicating a more favorable position in the gold mining sector. Analyst upgrades and earnings estimate hikes are likely to significantly influence investor sentiment and the company's market performance.

16 Oct

4

DRDGOLD Limited (DRD) has experienced a remarkable 249% surge year-to-date, driven by rising gold prices and increased production efficiency. The company's strategic focus on sustainable mining practices and cost management has positioned it favorably in the market. Analysts are now questioning whether DRD can maintain this impressive rally amid potential market fluctuations and competition. Investors are advised to monitor key indicators that could influence the company's future performance. The significant year-to-date surge indicates a major shift in market dynamics that could alter investor sentiment and the company's trajectory.

4

DRDGOLD Limited (DRD) has shown strong performance in the basic materials sector this year, outperforming many of its peers. The company's focus on sustainable gold mining and innovative practices has contributed to its success. Analysts highlight DRD's strategic initiatives and operational efficiencies as key factors driving its growth. The stock's performance reflects positive market sentiment and investor confidence in the company's future prospects. Significant strategic initiatives and operational efficiencies are likely to alter the company's trajectory and investor sentiment.

15 Oct

4

DRDGOLD Limited is experiencing price strength due to several factors, including increased gold production and favorable market conditions. The company's focus on operational efficiency and cost management is expected to support its performance. Additionally, ongoing investments in technology and sustainability initiatives may enhance its competitive position in the gold mining sector. Analysts suggest that maintaining this momentum will depend on continued market demand for gold and effective execution of strategic plans. Significant operational improvements and market conditions are likely to influence DRDGOLD's future performance.

3

DRDGOLD Limited is facing challenges in maintaining its operating profit momentum due to fluctuating gold prices and rising operational costs. The company has reported a decline in production levels, which may impact its profitability in the upcoming quarters. Analysts are closely monitoring the situation as market conditions evolve, and the company's ability to adapt will be crucial for its future performance. Fluctuating gold prices and rising operational costs are expected to moderately influence DRDGOLD's financial performance.

11 Oct

4

DRDGOLD Limited is experiencing notable earnings momentum, which is attracting media attention and could influence investment decisions. Analysts suggest that this positive trend may enhance the company's appeal to investors, potentially leading to increased market interest and stock performance. The focus on DRDGOLD's financial results highlights its operational efficiency and growth prospects in the gold mining sector, positioning it favorably amidst market fluctuations. Earnings momentum and increased media attention could significantly alter investor sentiment and market performance.

8 Oct

3

DRDGOLD Limited has updated its mine outlook following a comprehensive operational review, indicating adjustments in production strategies and resource allocation to enhance efficiency and profitability. The review aims to optimize operations and address challenges faced in the mining sector, reflecting the company's commitment to improving its performance and adapting to market conditions. The operational review is expected to moderately influence DRDGOLD's financial performance and competitive positioning.

7 Oct

4

DRDGOLD Limited is highlighted among five gold mining stocks recommended for purchase amid expectations of a Federal Reserve rate cut and concerns over a potential government shutdown. The article emphasizes the favorable market conditions for gold miners, suggesting that lower interest rates could boost gold prices and enhance the profitability of mining companies like DRDGOLD. Investors are encouraged to consider these stocks as strategic investments in light of the current economic climate. Expectations of a Fed rate cut and government shutdown could significantly influence gold prices and investor sentiment towards gold mining stocks.

3

B2Gold has achieved a significant milestone by commencing commercial production at its Goose Mine in Canada. This development marks a key step in the company's growth strategy, enhancing its operational capacity and potential for increased gold output. The Goose Mine is expected to contribute positively to B2Gold's overall production profile and financial performance moving forward. The commencement of commercial production at the Goose Mine is likely to moderately influence B2Gold's financial performance and market positioning.

stockrow.com/DRD · Data as of Jun 30, 2023 · For information only; not investment advice. · © 2026 stockrow.com