DRDGOLD Graham Net Net from 2010 to 2024

DRD Stock  USD 9.52  0.18  1.86%   
DRDGOLD Limited's Graham Net Net is increasing over the years with stable fluctuation. Overall, Graham Net Net is projected to go to -16.95 this year. During the period from 2010 to 2024 DRDGOLD Limited Graham Net Net annual values regression line had geometric mean of  9.29 and mean square error of  100.04. View All Fundamentals
 
Graham Net Net  
First Reported
2010-12-31
Previous Quarter
(17.85)
Current Value
(16.95)
Quarterly Volatility
9.77116257
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check DRDGOLD Limited financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among DRDGOLD Limited's main balance sheet or income statement drivers, such as Depreciation And Amortization of 176 M, Interest Expense of 10.1 M or Selling General Administrative of 140.3 M, as well as many indicators such as Price To Sales Ratio of 0.21, Dividend Yield of 0.56 or PTB Ratio of 0.19. DRDGOLD financial statements analysis is a perfect complement when working with DRDGOLD Limited Valuation or Volatility modules.
  
Check out the analysis of DRDGOLD Limited Correlation against competitors.

Latest DRDGOLD Limited's Graham Net Net Growth Pattern

Below is the plot of the Graham Net Net of DRDGOLD Limited ADR over the last few years. It is DRDGOLD Limited's Graham Net Net historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in DRDGOLD Limited's overall financial position and show how it may be relating to other accounts over time.
Graham Net Net10 Years Trend
Pretty Stable
   Graham Net Net   
       Timeline  

DRDGOLD Graham Net Net Regression Statistics

Arithmetic Mean(9.13)
Geometric Mean9.29
Coefficient Of Variation(106.97)
Mean Deviation8.26
Median(13.41)
Standard Deviation9.77
Sample Variance95.48
Range32.9995
R-Value0.16
Mean Square Error100.04
R-Squared0.03
Significance0.56
Slope0.36
Total Sum of Squares1,337

DRDGOLD Graham Net Net History

2024 -16.95
2023 -17.85
2022 10.22
2021 5.43
2020 3.15
2019 -3.69
2018 -22.78

About DRDGOLD Limited Financial Statements

DRDGOLD Limited stakeholders use historical fundamental indicators, such as DRDGOLD Limited's Graham Net Net, to determine how well the company is positioned to perform in the future. Although DRDGOLD Limited investors may analyze each financial statement separately, they are all interrelated. For example, changes in DRDGOLD Limited's assets and liabilities are reflected in the revenues and expenses on DRDGOLD Limited's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in DRDGOLD Limited ADR. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Graham Net Net(17.85)(16.95)

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether DRDGOLD Limited ADR is a strong investment it is important to analyze DRDGOLD Limited's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact DRDGOLD Limited's future performance. For an informed investment choice regarding DRDGOLD Stock, refer to the following important reports:
Check out the analysis of DRDGOLD Limited Correlation against competitors.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of DRDGOLD Limited. If investors know DRDGOLD will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about DRDGOLD Limited listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.01)
Dividend Share
4
Earnings Share
0.85
Revenue Per Share
72.45
Quarterly Revenue Growth
0.149
The market value of DRDGOLD Limited ADR is measured differently than its book value, which is the value of DRDGOLD that is recorded on the company's balance sheet. Investors also form their own opinion of DRDGOLD Limited's value that differs from its market value or its book value, called intrinsic value, which is DRDGOLD Limited's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because DRDGOLD Limited's market value can be influenced by many factors that don't directly affect DRDGOLD Limited's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between DRDGOLD Limited's value and its price as these two are different measures arrived at by different means. Investors typically determine if DRDGOLD Limited is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DRDGOLD Limited's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.