DRDGF (DRDGold) Beta: -0.3313 (As of Jun. 24, 2026)


DRDGF DRDGold Ltd DRDGF
89 GF Score
Price $2.51
GF Value $2.52
Valuation Fairly Valued
! 1 Warning Sign
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What is DRDGold Beta?

DRDGold DRDGF 89 Beta is -0.3313 as of Jun. 24, 2026. GuruFocus rates DRDGF with a GF Score™ of 89/100 and a GF Value™ of $2.52 (Fairly Valued). The stock has 1 warning sign investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-24), DRDGold's Beta is -0.3313.

DRDGold  (OTCPK:DRDGF) Beta Explanation

Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. We usually compare beta to 1. A beta of 1 indicates that the security's price will move with the market. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market.

Beta is primarily used in the Capital Asset Pricing Model (CAPM) to calculate the Cost of Equity, which can be used in the calculation of WACC %. The formula of Cost of Equity is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)

DRDGold Beta Related Terms

DRDGold Beta Historical Data

* Premium members only.

The historical data trend for DRDGold's Beta can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

DRDGold Beta Chart

DRDGold Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.38 393.60 393.38 423.80 -0.91

DRDGold Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Jun21 Jun22 Jun23 Dec23 Jun24 Dec24 Jun25
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 393.38 439.89 423.80 -4.51 -0.91

DRDGF vs NEM, AU, CDE: Beta Comparison

For the Gold subindustry, DRDGold's Beta, along with its competitors' market caps and Beta data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

DRDGold Beta vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, DRDGold's Beta distribution charts can be found below:

* The bar in red indicates where DRDGold's Beta falls into.


DRDGF
89GF Score
DRDGold Ltd DRDGF
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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DRDGold Beta Calculation

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. A stock's beta can be calculated by dividing the product of the covariance of the individual stock's returns and the market's returns by the variance of the market's returns over a specified period. Basically, GuruFocus uses the returns calculated over three-year period.

Frequently Asked Questions Learn more about Beta →
What does a Beta of -0.3313 mean?
DRDGold (DRDGF) has a Beta of -0.3313 as of Jun. 24, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for DRDGold and its competitors.
Is DRDGold's Beta too high?
DRDGold's current Beta is -0.3313. Overall, DRDGold has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does DRDGold's Beta compare to NEM and AU?
DRDGold's Beta of -0.3313 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beta for a Metals & Mining company?
A good Beta depends on the Metals & Mining industry context. However, Beta should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beta mean?
A high Beta can signal that a stock is expensive relative to its fundamentals. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for DRDGold and its competitors. DRDGold's current Beta is -0.3313. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DRDGold stock overvalued right now?
Based on GuruFocus' analysis, DRDGold (DRDGF) is currently considered Fairly Valued. The stock's GF Value™ is $2.52, compared to a current price of $2.51 — trading 0.4% below its estimated fair value. The current Beta is -0.3313. DRDGold's overall GF Score™ is 89/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beta calculated?
Beta is calculated from a company's financial statements. For DRDGold (DRDGF), the current Beta is -0.3313 as of Jun. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is DRDGold (DRDGF) Overvalued in 2026?

Based on GuruFocus' analysis, DRDGold stock appears to be undervalued. The current stock price of $2.51 is trading 0.4% below its estimated GF Value™ of $2.52. GuruFocus considers DRDGold to be Fairly Valued.

Key valuation signals for DRDGF:

  • Beta: -0.3313
  • GF Value™: $2.52 vs. price of $2.51 (0.4% below fair value)
  • GF Score™: 89/100 with 1 warning sign

No single metric tells the full story. See the DRDGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

DRDGold Business Description

Address Cnr 14th Avenue and Hendrik Potgieter Road, Constantia Office Park, Cycad House, Building 17, Ground Floor, Weltevreden Park, Johannesburg, ZAF, 1709
DRDGold Ltd is a South African gold mining company engaged in surface gold tailings retreatment including exploration, extraction, processing, and smelting. Its reportable operating segments are; Ergo, FWGR, and Corporate office and other reconciling items. The Ergo is a surface gold retreatment operation that treats old slime dams and sand dumps to the south of Johannesburg's central business district as well as the East and Central Rand goldfields, and the FWGR which is a surface gold retreatment operation and treats old slime dams in the West Rand goldfields. The Ergo segment derives a vast majority of the company's revenue.
89GF Score

Get the complete analysis for DRDGF

Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.51
Price
$2.52
GF Value