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51.24 (1y: -34%)
Market Cap 3.45 B P/E(ttm) 40.30
Enterprise Value 3.05 B P/B 1.80
RGLD- NAS (USA)
Royal Gold, Inc.
  • Currently 5/5
Business Predictability Rank: 5-Star
Back Testing Results:
Average gain of all 5-Star stocks: 12.1% per year.
% of Stocks that are in still loss if held for 10yrs: 3%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$51.24
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GuruFocus Financial Strength Rank measures how strong a companyย’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry		 vs
history
Cash to Debt 1.28
RGLD's Cash to Debt is ranked higher than
87% of the 2402 Companies
in the Global Gold industry.

( Industry Median: 0.00 vs. RGLD: 1.28 )
RGLD' s 10-Year Cash to Debt Range
Min: 0.51   Max: No Debt
Current: 1.28
Equity to Asset 0.775
RGLD's Equity to Asset is ranked higher than
92% of the 2402 Companies
in the Global Gold industry.

( Industry Median: 0.00 vs. RGLD: 0.775 )
RGLD' s 10-Year Equity to Asset Range
Min: 0.75   Max: 0.94
Current: 0.78
0.75
0.94
Interest Coverage 40.6
RGLD's Interest Coverage is ranked higher than
90% of the 2402 Companies
in the Global Gold industry.

( Industry Median: 0.00 vs. RGLD: 40.6 )
RGLD' s 10-Year Interest Coverage Range
Min: 41   Max: No Debt
Current: 40.6
F-Score: 7
Z-Score: 4.5
M-Score: -2.86
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 9/10

vs
industry		 vs
history
Operating margin (%) 59.60
RGLD's Operating margin (%) is ranked higher than
99% of the 2402 Companies
in the Global Gold industry.

( Industry Median: 0.00 vs. RGLD: 59.60 )
RGLD' s 10-Year Operating margin (%) Range
Min: -940   Max: 59.6
Current: 59.6
-940
59.6
Net-margin (%) 35.2
RGLD's Net-margin (%) is ranked higher than
98% of the 2402 Companies
in the Global Gold industry.

( Industry Median: 0.00 vs. RGLD: 35.2 )
RGLD' s 10-Year Net-margin (%) Range
Min: -880   Max: 86.8
Current: 35.2
-880
86.8
ROE (%) 5
RGLD's ROE (%) is ranked higher than
90% of the 2402 Companies
in the Global Gold industry.

( Industry Median: 0.00 vs. RGLD: 5 )
RGLD' s 10-Year ROE (%) Range
Min: -80.7   Max: 39.4
Current: 5
-80.7
39.4
ROA (%) 3.9
RGLD's ROA (%) is ranked higher than
91% of the 2402 Companies
in the Global Gold industry.

( Industry Median: 0.00 vs. RGLD: 3.9 )
RGLD' s 10-Year ROA (%) Range
Min: -74.6   Max: 36.2
Current: 3.9
-74.6
36.2
ROC (Joel Greenblatt) (%) 8.10
RGLD's ROC (Joel Greenblatt) (%) is ranked higher than
90% of the 2402 Companies
in the Global Gold industry.

( Industry Median: 0.00 vs. RGLD: 8.10 )
RGLD' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -447.6   Max: 60.5
Current: 8.1
-447.6
60.5
Revenue Growth (%) 22.1
RGLD's Revenue Growth (%) is ranked higher than
97% of the 2402 Companies
in the Global Gold industry.

( Industry Median: 0.00 vs. RGLD: 22.1 )
RGLD' s 10-Year Revenue Growth (%) Range
Min: 10.1   Max: 83.5
Current: 22.1
10.1
83.5
EBITDA Growth (%) 24.7
RGLD's EBITDA Growth (%) is ranked higher than
98% of the 2402 Companies
in the Global Gold industry.

( Industry Median: 0.00 vs. RGLD: 24.7 )
RGLD' s 10-Year EBITDA Growth (%) Range
Min: 8.4   Max: 57.6
Current: 24.7
8.4
57.6
EPS Growth (%) 10.8
RGLD's EPS Growth (%) is ranked higher than
96% of the 2402 Companies
in the Global Gold industry.

( Industry Median: 0.00 vs. RGLD: 10.8 )
RGLD' s 10-Year EPS Growth (%) Range
Min: -11.3   Max: 62.7
Current: 10.8
-11.3
62.7
ยป RGLD's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

RGLD Guru Trades in Q2 2012

Jim Simons 199,609 sh (+2302.32%)
Murray Stahl 10,652 sh (unchged)
Paul Tudor Jones Sold Out
Jeremy Grantham Sold Out
Steven Cohen Sold Out
Chuck Royce Sold Out
Mario Gabelli 18,320 sh (-1.29%)
Jean-Marie Eveillard 917,401 sh (-1.82%)
» More
Q3 2012

RGLD Guru Trades in Q3 2012

Jim Simons 325,309 sh (+62.97%)
Mario Gabelli 18,800 sh (+2.62%)
Murray Stahl 10,652 sh (unchged)
Jean-Marie Eveillard 870,808 sh (-5.08%)
» More
Q4 2012

RGLD Guru Trades in Q4 2012

Paul Tudor Jones 2,900 sh (New)
Steven Cohen 76,148 sh (New)
Jim Simons 423,509 sh (+30.19%)
Mario Gabelli 20,020 sh (+6.49%)
Murray Stahl 10,652 sh (unchged)
Jean-Marie Eveillard 867,401 sh (-0.39%)
» More
Q1 2013

RGLD Guru Trades in Q1 2013

John Burbank 105,142 sh (New)
Ray Dalio 8,000 sh (New)
Murray Stahl 10,652 sh (unchged)
Jean-Marie Eveillard 867,401 sh (unchged)
Jim Simons Sold Out
Paul Tudor Jones Sold Out
Mario Gabelli 19,710 sh (-1.55%)
Steven Cohen 22,993 sh (-69.8%)
» More
» Details

Insider Trades

Latest Guru Trades with RGLD

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
John Burbank 2013-03-31 New Buy0.3%$62.9 - $82.84 $ 50.97-30%105142
Ray Dalio 2013-03-31 New Buy0.01%$62.9 - $82.84 $ 50.97-30%8000
Jean-Marie Eveillard 2012-03-31 Reduce -21.11%0.07%$63 - $77.34 $ 50.97-21%934401
Mario Gabelli 2012-03-31 Add 247.57%0.01%$63 - $77.34 $ 50.97-21%18560
Mario Gabelli 2011-12-31 Add 57.06%$61.22 - $81.45 $ 50.97-29%5340
Mario Gabelli 2011-09-30 New Buy$58.88 - $82.69 $ 50.97-28%3400
Mario Gabelli 2011-03-31 Sold Out $45.71 - $54.63 $ 50.973%0
Mario Gabelli 2010-09-30 New Buy0.1%$42.82 - $50.89 $ 50.978%446174
Mario Gabelli 2010-06-30 Sold Out $47.26 - $53.79 $ 50.972%0
Premium More recent guru trades are included for Premium Members only!!
ยป Financial Charts

Peter Lynch Chart

Ratios

vs
industry		 vs
history
P/E(ttm) 40.10
RGLD's P/E(ttm) is ranked higher than
55% of the 744 Companies
in the Global Gold industry.

( Industry Median: 13.50 vs. RGLD: 40.10 )
RGLD' s 10-Year P/E(ttm) Range
Min: 12.2   Max: 158.5
Current: 40.1
12.2
158.5
P/B 1.80
RGLD's P/B is ranked higher than
61% of the 1139 Companies
in the Global Gold industry.

( Industry Median: 0.92 vs. RGLD: 1.80 )
RGLD' s 10-Year P/B Range
Min: 1.35   Max: 14.03
Current: 1.8
1.35
14.03
P/S 10.83
RGLD's P/S is ranked higher than
54% of the 1200 Companies
in the Global Gold industry.

( Industry Median: 1.58 vs. RGLD: 10.83 )
RGLD' s 10-Year P/S Range
Min: 5.13   Max: 38.98
Current: 10.83
5.13
38.98
EV-to-EBIT 17.2
RGLD's EV-to-EBIT is ranked higher than
65% of the 732 Companies
in the Global Gold industry.

( Industry Median: 11.72 vs. RGLD: 17.2 )
RGLD' s 10-Year EV-to-EBIT Range
Min: 10.7   Max: 138.3
Current: 17.2
10.7
138.3
PEG 1.5
RGLD's PEG is ranked higher than
65% of the 266 Companies
in the Global Gold industry.

( Industry Median: 0.72 vs. RGLD: 1.5 )
RGLD' s 10-Year PEG Range
Min: 0.78   Max: 5.02
Current: 1.5
0.78
5.02
Shiller P/E 46.3
RGLD's Shiller P/E is ranked lower than
100% of the Companies
in the Global Gold industry.

( Industry Median: vs. RGLD: 46.3 )
RGLD' s 10-Year Shiller P/E Range
Min: 40.72   Max: 119.33
Current: 46.3
40.72
119.33

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 1.37
RGLD's Dividend Yield is ranked higher than
84% of the 2402 Companies
in the Global Gold industry.

( Industry Median: 0.00 vs. RGLD: 1.37 )
RGLD' s 10-Year Dividend Yield Range
Min: 0.33   Max: 2.05
Current: 1.37
0.33
2.05
Dividend Payout 0.5501
RGLD's Dividend Payout is ranked higher than
73% of the 360 Companies
in the Global Gold industry.

( Industry Median: 0.30 vs. RGLD: 0.5501 )
RGLD' s 10-Year Dividend Payout Range
Min: 0.13   Max: 0.78
Current: 0.55
0.13
0.78
Dividend growth (3y) 15.9
RGLD's Dividend growth (3y) is ranked higher than
99% of the 2402 Companies
in the Global Gold industry.

( Industry Median: 0.00 vs. RGLD: 15.9 )
RGLD' s 10-Year Dividend growth (3y) Range
Min: 0   Max: 25.8
Current: 15.9
0
25.8
Yield on cost (5-Year) 3.08
RGLD's Yield on cost (5-Year) is ranked higher than
90% of the 2402 Companies
in the Global Gold industry.

( Industry Median: 0.00 vs. RGLD: 3.08 )
RGLD' s 10-Year Yield on cost (5-Year) Range
Min: 0.78   Max: 4.85
Current: 3.08
0.78
4.85
Share Buyback Rate -12.6
RGLD's Share Buyback Rate is ranked lower than
52% of the 2402 Companies
in the Global Gold industry.

( Industry Median: 0.00 vs. RGLD: -12.6 )
RGLD' s 10-Year Share Buyback Rate Range
Min: -1.4   Max: -15.2
Current: -12.6

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 71.8
RGLD's Price/Net Current Asset Value is ranked higher than
53% of the 960 Companies
in the Global Gold industry.

( Industry Median: 9.20 vs. RGLD: 71.8 )
RGLD' s 10-Year Price/Net Current Asset Value Range
Min: 30.6   Max: 126
Current: 71.8
30.6
126
Price/Tangible Book 1.8
RGLD's Price/Tangible Book is ranked higher than
63% of the 1080 Companies
in the Global Gold industry.

( Industry Median: 1.00 vs. RGLD: 1.8 )
RGLD' s 10-Year Price/Tangible Book Range
Min: 1.5   Max: 9.1
Current: 1.8
1.5
9.1
Price/DCF (Projected) 25.9
RGLD's Price/DCF (Projected) is ranked lower than
61% of the 454 Companies
in the Global Gold industry.

( Industry Median: 1.10 vs. RGLD: 25.9 )
RGLD' s 10-Year Price/DCF (Projected) Range
Min: 2.4   Max: 58.7
Current: 25.9
2.4
58.7
Price/Median PS Value 0.7
RGLD's Price/Median PS Value is ranked higher than
70% of the 930 Companies
in the Global Gold industry.

( Industry Median: 0.60 vs. RGLD: 0.7 )
RGLD' s 10-Year Price/Median PS Value Range
Min: 0.3   Max: 1.7
Current: 0.7
0.3
1.7
Price/Peter Lynch Fair Value 1.6
RGLD's Price/Peter Lynch Fair Value is ranked higher than
65% of the 213 Companies
in the Global Gold industry.

( Industry Median: 0.70 vs. RGLD: 1.6 )
RGLD' s 10-Year Price/Peter Lynch Fair Value Range
Min: 1.3   Max: 4
Current: 1.6
1.3
4
Price/Graham Number 1.5
RGLD's Price/Graham Number is ranked higher than
60% of the 632 Companies
in the Global Gold industry.

( Industry Median: 0.80 vs. RGLD: 1.5 )
RGLD' s 10-Year Price/Graham Number Range
Min: 1.3   Max: 4.1
Current: 1.5
1.3
4.1
Earnings Yield (Greenblatt) 5.80
RGLD's Earnings Yield (Greenblatt) is ranked higher than
89% of the 2402 Companies
in the Global Gold industry.

( Industry Median: 0.00 vs. RGLD: 5.80 )
RGLD' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.7   Max: 9.3
Current: 5.8
0.7
9.3
Forward Rate of Return (Yacktman) 23.58
RGLD's Forward Rate of Return (Yacktman) is ranked higher than
98% of the 2402 Companies
in the Global Gold industry.

( Industry Median: 0.00 vs. RGLD: 23.58 )
RGLD' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 0.1   Max: 48.8
Current: 23.58
0.1
48.8

Business Description

Royal Gold Inc was incorporated under the laws of the State of Delaware on January 5, 1981. The company, together with its subsidiaries, is engaged in the business of acquiring and managing precious metals royalties and similar interests. It is engaged in a continual review of opportunities to acquire existing royalties, to create new royalties through the financing of mine development or exploration, or to acquire companies that hold royalties. As of June 30, 2012, the Company owned royalties on 39 producing properties, 26 development stage properties and 128 exploration stage properties, of which the Company considers 40 to be evaluation stage projects. The Company uses 'evaluation stage' to describe exploration stage properties that contain mineralized material and on which operators are engaged in the search for reserves. On May 23, 2012, the Company entered into and closed a Purchase and Sale Agreement (the 'Agreement') with International Minerals Corporation ('IMC') and Metallic Ventures (U.S.), Inc., a wholly-owned indirect subsidiary of IMC, pursuant to which the Company acquired a 3.0% NSR royalty interest on all ores and minerals mined or otherwise recovered from the Ruby Hill mine owned and operated by an affiliate of Barrick Gold Corporation ('Barrick') in Eureka County, Nevada, for a purchase price of $38 million. The company faces competition from other royalty companies, mine operators, and financial buyers in efforts to acquire existing royalties and with the lenders, investors, and royalty and streaming companies providing financing to operators of mineral properties in its efforts to create new royalties. Its business is subject to the environmental laws and regulations promulgated by federal, state and local governments.
Company Website
SEC Reports
Industry: Gold
Compare:EGO, ABX, GG, NMCEF, IAG
Traded in other countries:RGL.Canada, RG3.Germany
ยป More Articles for RGLD

Headlines

Articles On GuruFocus.com
9 Dividend Stocks Trading at a Double-Digit Discount Mar 20 2013 
comment on RGLD Mar 09 2013 
Financials look grea Mar 05 2013 
Streamers rule -- ba Mar 05 2013 
Stocks Traded at Historical Low Price/Book Ratios: RGLD, AZN, ABT, JNJ, WMT May 16 2011 
Royal Gold Inc. (RGLD) CFO and Treasurer Stefan Wenger sells 1,948 Shares Dec 30 2010 
Guru Stocks Raising Dividends: NKE, LG, DCI, RGLD Nov 28 2010 
Royal Gold Inc. Reports Operating Results (10-K) Aug 26 2010 
Royal Gold Inc. Reports Operating Results (10-Q) May 07 2010 
lhmeyer note on RGLD Apr 12 2010 


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