RGLD

Royal Gold, Inc.

Basic Materials · $20.4B market cap

Verdict

Share price

$234.64

close of Oct 3, 2026

Fair value

$100.84

Sticker Price

Payback Price

$40.34

buy price

Overpriced

RGLD is Overpriced: at $234.64 it trades 133% above its fair value of $100.84. Its buy price (Payback Price) is $40.34, 83% below today's price. Business quality is solid: 3 of 5 key numbers clear the 10% bar.

How we valued it

Justified P/B (Financials). It has earned a steady return on its equity for years, and its tangible assets are worth 44% of its share price. For a business like that, book value and the return on it are a sturdier guide than an earnings forecast.

Business quality

3 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth14.1% a year✓
Equity per share growth5.0% a year✗
Sales growth10.3% a year✓
Free cash flow growth15.6% a year✓
Return on invested capital7.9%✗

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Superinvestors

2 of the investors we track hold RGLD. In Q2 2026, 1 sold out. Who we track

Moves in Q2 2026

Sold out: Lee Ainslie

Insider activity

Since Jun 16, 2026: no open-market purchases, 7 sales worth $2.2M and 1 other filing (stock awards, tax withholding and similar). Why purchases matter

Sales

Other filings

About Royal Gold, Inc.

Royal Gold, Inc. and its subsidiaries engage in the acquisition and oversight of precious metal streams, royalty agreements, and related rights. The company's strategy involves securing these interests or providing capital for projects, whether currently producing or in their development phase, in exchange for future streams or royalty entitlements. Its portfolio primarily encompasses gold, silver, copper, nickel…

Gold

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works

RGLD stock (Royal Gold, Inc.): fair value $100.84, Overpriced — PaybackPrice