Allied Gold Corporation (AAUC) vs DRDGOLD Limited (DRD)

Allied Gold Corporation and DRDGOLD Limited are both Gold companies. Allied Gold Corporation is the larger, with a market value of $3.1B against $2.2B — 1.4× the size. Allied Gold Corporation has negative trailing earnings, so its P/E is not meaningful; DRDGOLD Limited trades at 155×. Allied Gold Corporation grew revenue faster over the last twelve months: 55.9% against −1.51%. DRDGOLD Limited has the higher net margin (22.5% vs −4.19%) and the lower return on invested capital (0.00% vs 43.0%). Across the 18 metrics below, DRDGOLD Limited leads on 10 and Allied Gold Corporation on 8.

Valuation

Metric AAUC DRD Gold median
P/E n/m 154.65 23.34
P/S 1.88 3.49 5.02
P/B 4.49 2.89 3.53
Price to free cash flow n/m 8.60 16.73
EV/EBITDA 7.04 11.01 8.34
EV/Sales 1.93 3.23 4.92
Earnings yield (2.34%) 0.65% 1.44%
Free cash flow yield (4.60%) 11.63% 0.75%

Profitability

Metric AAUC DRD Gold median
Gross margin 44.22% 26.89% 50.00%
Operating margin 27.45% 0.00% 26.32%
Net margin (4.19%) 22.53% 12.30%
Free cash flow margin (8.67%) 0.00% 0.00%
Return on equity (11.53%) 0.00% 6.36%
Return on assets (3.38%) 0.00% 0.00%
Return on invested capital 42.97% 0.00% 0.52%

Growth

Metric AAUC DRD Gold median
Revenue growth (TTM) 55.92% (1.51%) 68.15%
EPS growth (last fiscal year) 66.24% 107.69% —
Revenue growth, 5-year CAGR — 13.97% 16.12%
Net income growth, 5-year CAGR — 21.83% 0.00%

Health

Metric AAUC DRD Gold median
Debt to equity 0.26 0.00 0.10
Current ratio 0.60 3.62 3.08
Net debt to EBITDA (1.17) (0.44) 0.00

Dividend

Metric AAUC DRD Gold median
Dividend yield — 4.19% 1.49%
Payout ratio — 0.46 0.00

Size

Metric AAUC DRD Gold median
Market cap 3.07b 2.19b 1.96b

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