Update shared on05 Oct 2025
Fair value Increased 15%Analysts have raised their price target for Northam Platinum Holdings from R206 to R236.71. This reflects improved profit margin forecasts, even though expectations for revenue growth have been slightly tempered.
What's in the News
- The board of directors declared a final gross cash dividend of 200.0 cents per share for 2025, increased from 70.0 cents in June 2024, totaling approximately ZAR 800.2 million (Key Developments).
- Shareholders subject to a 20% dividend withholding tax will receive a net cash dividend of 160.0 cents per share, compared to 56.0 cents per share previously (Key Developments).
- Key dividend dates are September 17, 2025 as the ex-dividend date, September 19, 2025 as the record date, and September 22, 2025 as the payable date (Key Developments).
- For the financial year ended June 30, 2025, Northam reported total refined metal production of 937,942 oz 4E, up from 891,721 oz 4E a year ago (Key Developments).
- Zondereinde and Booysendal operations exceeded production guidance. Eland production was below guidance, but still higher year-on-year (Key Developments).
Valuation Changes
- Consensus Analyst Price Target has increased from ZAR 206 to approximately ZAR 236.71.
- Discount Rate has risen slightly, moving from 18.39% to 18.45%.
- Revenue Growth expectations have fallen from 23.34% to 19.79%.
- Net Profit Margin forecasts have improved, increasing from 17.20% to 18.77%.
- Future P/E ratio projections have increased from 10.95x to 12.60x.
Disclaimer
AnalystConsensusTarget is a tool utilizing a Large Language Model (LLM) that ingests data on consensus price targets, forecasted revenue and earnings figures, as well as the transcripts of earnings calls to produce qualitative analysis. The narratives produced by AnalystConsensusTarget are general in nature and are based solely on analyst data and publicly-available material published by the respective companies. These scenarios are not indicative of the company's future performance and are exploratory in nature. Simply Wall St has no position in the company(s) mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The price targets and estimates used are consensus data, and do not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that AnalystConsensusTarget's analysis may not factor in the latest price-sensitive company announcements or qualitative material.