DRD (DRDGold) EBIT: $174.2 Mil (TTM As of Jun. 2025)


DRD DRDGold Ltd DRD
89 GF Score
Price $21.52
GF Value $21.93
Valuation Fairly Valued
! 1 Warning Sign
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What is DRDGold EBIT?

DRDGold DRD +2.23% 89 EBIT is $174.2 Mil as of Jun. 2025. GuruFocus rates DRD with a GF Score™ of 89/100 and a GF Value™ of $21.93 (Fairly Valued). The stock has 1 warning sign investors should review.

DRDGold's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2025 was $100.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2025 was $174.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. DRDGold's annualized ROC % for the quarter that ended in Jun. 2025 was 26.07%. DRDGold's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2025 was 43.91%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. DRDGold's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2025 was 9.74%.


DRDGold  (NYSE:DRD) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

DRDGold's annualized ROC % for the quarter that ended in Jun. 2025 is calculated as:

ROC % (Q: Jun. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2024 ) + Invested Capital (Q: Jun. 2025 ))/ count )
=191.26 * ( 1 - 27.69% )/( (491.8 + 569.339)/ 2 )
=138.300106/530.5695
=26.07 %

where

Note: The Operating Income data used here is two times the semi-annual (Jun. 2025) data.

2. Joel Greenblatt's definition of Return on Capital:

DRDGold's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2024  Q: Jun. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=200.608/( ( (409.947 + max(14.332, 0)) + (479.366 + max(10.139, 0)) )/ 2 )
=200.608/( ( 424.279 + 489.505 )/ 2 )
=200.608/456.892
=43.91 %

where Working Capital is:

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(25.145 + 27.467 + -1.4210854715202E-14) - (38.28 + 0 + 0)
=14.332

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(18.496 + 29.327 + 18.086) - (45.915 + 0 + 9.855)
=10.139

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2025) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

DRDGold's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2025 )
=174.153/1788.467
=9.74 %

* 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 EBIT Related Terms


DRDGold EBIT Historical Data

* Premium members only.

The historical data trend for DRDGold's EBIT 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 EBIT Chart

DRDGold Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 145.37 96.81 93.72 102.65 175.80

DRDGold Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Jun21 Jun22 Jun23 Dec23 Jun24 Dec24 Jun25
EBIT 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 0.00 43.71 58.45 73.85 100.30

DRD vs NEM, AU, CDE: EBIT Comparison

For the Gold subindustry, DRDGold's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Metals & Mining Industry

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

* The bar in red indicates where DRDGold's EV-to-EBIT falls into.


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

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Jun. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $174.2 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $174.2 Mil mean?
DRDGold (DRD) has a EBIT of $174.2 Mil as of Jun. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on DRDGold.
Is DRDGold's EBIT too high?
DRDGold's current EBIT is $174.2 Mil. 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 EBIT compare to NEM and AU?
DRDGold's EBIT of $174.2 Mil 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 EBIT for a Metals & Mining company?
A good EBIT depends on the Metals & Mining industry context. However, EBIT 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 EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on DRDGold. DRDGold's current EBIT is $174.2 Mil. 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 (DRD) is currently considered Fairly Valued. The stock's GF Value™ is $21.93, compared to a current price of $21.52 — trading 1.9% below its estimated fair value. The current EBIT is $174.2 Mil. 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 EBIT calculated?
EBIT is calculated from a company's financial statements. For DRDGold (DRD), the current EBIT is $174.2 Mil as of Jun. 2025. 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 (DRD) Overvalued in 2026?

Based on GuruFocus' analysis, DRDGold stock appears to be undervalued. The current stock price of $21.52 is trading 1.9% below its estimated GF Value™ of $21.93. GuruFocus considers DRDGold to be Fairly Valued.

Key valuation signals for DRD:

  • EBIT: $174.2 Mil
  • GF Value™: $21.93 vs. price of $21.52 (1.9% below fair value)
  • GF Score™: 89/100 with 1 warning sign

No single metric tells the full story. See the DRD 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 DRD

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

$21.52
Price
$21.93
GF Value