Drdgold Limited Adr Stock Net Asset

DRD Stock  USD 9.59  0.10  1.03%   
DRDGOLD Limited ADR fundamentals help investors to digest information that contributes to DRDGOLD Limited's financial success or failures. It also enables traders to predict the movement of DRDGOLD Stock. The fundamental analysis module provides a way to measure DRDGOLD Limited's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to DRDGOLD Limited stock.
  
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DRDGOLD Limited ADR Company Net Asset Analysis

DRDGOLD Limited's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.

Net Asset

 = 

Current Market Value

-

Current Liabilities

More About Net Asset | All Equity Analysis

Current DRDGOLD Limited Net Asset

    
  9.45 B  
Most of DRDGOLD Limited's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, DRDGOLD Limited ADR is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
Competition

Based on the recorded statements, DRDGOLD Limited ADR has a Net Asset of 9.45 B. This is much higher than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The net asset for all United States stocks is notably lower than that of the firm.

DRDGOLD Net Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses DRDGOLD Limited's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of DRDGOLD Limited could also be used in its relative valuation, which is a method of valuing DRDGOLD Limited by comparing valuation metrics of similar companies.
DRDGOLD Limited is currently under evaluation in net asset category among its peers.

DRDGOLD Limited ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, DRDGOLD Limited's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to DRDGOLD Limited's managers, analysts, and investors.
Environmental
Governance
Social

DRDGOLD Limited Institutional Holders

Institutional Holdings refers to the ownership stake in DRDGOLD Limited that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of DRDGOLD Limited's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing DRDGOLD Limited's value.
Shares
Vident Advisory, Llc2024-09-30
106.5 K
Guggenheim Capital Llc2024-06-30
102.2 K
Walleye Trading Advisors, Llc2024-06-30
90.9 K
Jpmorgan Chase & Co2024-06-30
83.4 K
Amvescap Plc.2024-06-30
81.9 K
Dimensional Fund Advisors, Inc.2024-09-30
80.3 K
Group One Trading, Lp2024-06-30
54.7 K
Citadel Advisors Llc2024-09-30
47.3 K
Campbell & Co Investment Adviser Llc2024-09-30
47.2 K
Van Eck Associates Corporation2024-06-30
5.3 M
Renaissance Technologies Corp2024-09-30
720.7 K

DRDGOLD Fundamentals

About DRDGOLD Limited Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze DRDGOLD Limited ADR's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of DRDGOLD Limited using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of DRDGOLD Limited ADR based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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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 DRDGOLD Limited Piotroski F Score and DRDGOLD Limited Altman Z Score analysis.
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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.