Royal Gold, Inc.RGLD
NASDAQ • Basic Materials
$244.99
P/E
29.17
PEG
0.20
FCF Yield
—
Rev Growth YoY
+144.8% YoY
Gross Margin
67.1%
Health Score
9/10
D/E Ratio
0.13
Confidence
—
Business Snapshot
Royal Gold is a precious metals streaming and royalty company that provides upfront capital to mining operators in exchange for rights to purchase a portion of their future gold and silver production at discounted prices. Operating in the gold mining sector, it is a leading streaming company with a diversified portfolio of producing and development-stage assets across multiple geographies. The company’s TTM revenue stands at $1.31B, reflecting significant recent revenue growth tied to higher gold prices and new streaming agreements. A defining characteristic is its asset-light business model—Royal Gold does not operate mines—which results in exceptionally high gross margins (67.1%) and minimal ongoing capital expenditure, enabling strong free cash flow generation.
Financial Health
Gross margin improved to 67.1% from 64.5% in the prior year, and net margin reached 48.5%, reflecting powerful operating leverage in a rising gold price environment. The balance sheet is fortress-like: debt-to-equity is just 0.13x and the current ratio of 3.12x signals abundant liquidity...
Risk Assessment
- VALUATION — P/E of 29.17x is well above the sector average of 18x, leaving the stock vulnerable to multiple compression if growth slows or gold prices decline.
- VALUATION — EV/...
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