DRD (DRDGold) Net Cash per Share: $-1.35 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

DRD DRDGold Ltd DRD
98 GF Score
Price $27.79
GF Value $28.28
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is DRDGold Net Cash per Share?

DRDGold DRD -1.56% 98 Net Cash per Share is $-1.35 as of Jun. 2026. GuruFocus rates DRD with a GF Score™ of 98/100 and a GF Value™ of $28.28 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,063 Metals & Mining companies, DRDGold ranks worse than 94073.28% on this metric.

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). DRDGold's Net Cash per Share for the quarter that ended in Jun. 2026 was $-1.35.

The historical rank and industry rank for DRDGold's Net Cash per Share or its related term are showing as below:

During the past 13 years, the highest Price-to-Net-Cash Ratio of DRDGold was 299.44. The lowest was 9.69. And the median was 24.82.

DRD's Price-to-Net-Cash is not ranked *
in the Metals & Mining industry.
Industry Median: 7.5
* Ranked among companies with meaningful Price-to-Net-Cash only.

DRDGold  (NYSE:DRD) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


DRDGold Net Cash per Share Related Terms


DRDGold Net Cash per Share Historical Data

* Premium members only.

The historical data trend for DRDGold's Net Cash per Share 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 Net Cash per Share Chart

DRDGold Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.36 -1.29 -1.35 -1.35

DRDGold Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Jun21 Jun22 Jun23 Dec23 Jun24 Dec24 Jun25 Jun26
Net Cash per Share 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 -1.29 -1.26 -1.35 -1.35

DRD vs NEM, AU, RGLD: Net Cash per Share Comparison

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

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

* The bar in red indicates where DRDGold's Price-to-Net-Cash falls into.


DRD
98GF Score
DRDGold Ltd DRD
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DRDGold Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

DRDGold's Net Cash per Share for the fiscal year that ended in Jun. 2026 is calculated as

Net Cash per Share (A: Jun. 2026 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(169.02-286.449-0)/86.740
=-1.35

DRDGold's Net Cash per Share for the quarter that ended in Jun. 2026 is calculated as

Net Cash per Share (Q: Jun. 2026 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(169.02-286.449-0)/86.740
=-1.35

* 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 Net Cash per Share →
What does a Net Cash per Share of $-1.35 mean?
DRDGold (DRD) has a Net Cash per Share of $-1.35 as of Jun. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on DRDGold and its competitors. According to the industry distribution chart, DRDGold ranks #999999 out of 1063 companies in the Metals & Mining industry.
Is DRDGold's Net Cash per Share too high?
DRDGold's current Net Cash per Share is $-1.35. Based on the distribution chart, DRDGold ranks #999999 out of 1063 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, DRDGold has a GF Score™ of 98/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does DRDGold's Net Cash per Share compare to NEM and AU?
According to the Metals & Mining industry distribution chart, DRDGold ranks #999999 out of 1063 companies for Net Cash per Share. This places DRDGold in the lower half of its industry. The industry median Net Cash per Share is 7.50. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for a Metals & Mining company?
The median Net Cash per Share among Metals & Mining companies is 7.50, based on 1,063 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share 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 Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on DRDGold and its competitors. For the Metals & Mining industry, the median Net Cash per Share is 7.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DRDGold's current Net Cash per Share is $-1.35. 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 $28.28, compared to a current price of $27.79 — trading 1.7% below its estimated fair value. The current Net Cash per Share is $-1.35. DRDGold's overall GF Score™ is 98/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For DRDGold (DRD), the current Net Cash per Share is $-1.35 as of Jun. 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 (DRD) Overvalued in 2026?

Based on GuruFocus' analysis, DRDGold stock appears to be undervalued. The current stock price of $27.79 is trading 1.7% below its estimated GF Value™ of $28.28. GuruFocus considers DRDGold to be Fairly Valued.

Key valuation signals for DRD:

  • Net Cash per Share: $-1.35
  • GF Value™: $28.28 vs. price of $27.79 (1.7% below fair value)
  • GF Score™: 98/100 with 3 warning signs

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.
98GF Score

Get the complete analysis for DRD

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

$27.79
Price
$28.28
GF Value