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ARI logo

African Rainbow Minerals JSE:ARI Stock Report

Last Price

R155.27

Market Cap

R30.4b

7D

0.3%

1Y

-20.8%

Updated

02 May, 2025

Data

Company Financials +

African Rainbow Minerals Limited

JSE:ARI Stock Report

Market Cap: R30.4b

ARI Stock Overview

Through its subsidiaries, operates as a diversified mining and minerals company in South Africa, Malaysia, and Switzerland. More details

ARI fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance1/6
Financial Health5/6
Dividends4/6

Community vs My Fair Value

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African Rainbow Minerals Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for African Rainbow Minerals
Historical stock prices
Current Share PriceR155.27
52 Week HighR244.76
52 Week LowR115.07
Beta0.94
1 Month Change3.81%
3 Month Change-4.06%
1 Year Change-20.83%
3 Year Change-36.52%
5 Year Change17.69%
Change since IPO99.06%

Recent News & Updates

Getting In Cheap On African Rainbow Minerals Limited (JSE:ARI) Is Unlikely

Apr 25
Getting In Cheap On African Rainbow Minerals Limited (JSE:ARI) Is Unlikely

Recent updates

Getting In Cheap On African Rainbow Minerals Limited (JSE:ARI) Is Unlikely

Apr 25
Getting In Cheap On African Rainbow Minerals Limited (JSE:ARI) Is Unlikely

African Rainbow Minerals (JSE:ARI) Has Announced That Its Dividend Will Be Reduced To ZAR4.50

Mar 20
African Rainbow Minerals (JSE:ARI) Has Announced That Its Dividend Will Be Reduced To ZAR4.50
author-image

Cost Reductions And Production Trials May Boost Future Revenues

Feb 09 African Rainbow Minerals seeks to boost revenues by increasing ore production, optimizing mine operations, and enhancing manganese export logistics.

Earnings Tell The Story For African Rainbow Minerals Limited (JSE:ARI)

Jan 16
Earnings Tell The Story For African Rainbow Minerals Limited (JSE:ARI)

Is African Rainbow Minerals (JSE:ARI) Using Debt In A Risky Way?

Dec 10
Is African Rainbow Minerals (JSE:ARI) Using Debt In A Risky Way?

Returns On Capital Signal Tricky Times Ahead For African Rainbow Minerals (JSE:ARI)

Oct 08
Returns On Capital Signal Tricky Times Ahead For African Rainbow Minerals (JSE:ARI)

Some Investors May Be Willing To Look Past African Rainbow Minerals' (JSE:ARI) Soft Earnings

Sep 15
Some Investors May Be Willing To Look Past African Rainbow Minerals' (JSE:ARI) Soft Earnings

African Rainbow Minerals' (JSE:ARI) Dividend Will Be ZAR9.00

Sep 09
African Rainbow Minerals' (JSE:ARI) Dividend Will Be ZAR9.00

African Rainbow Minerals Limited's (JSE:ARI) Shares Not Telling The Full Story

Aug 20
African Rainbow Minerals Limited's (JSE:ARI) Shares Not Telling The Full Story

Returns On Capital Signal Tricky Times Ahead For African Rainbow Minerals (JSE:ARI)

Jun 03
Returns On Capital Signal Tricky Times Ahead For African Rainbow Minerals (JSE:ARI)

Here's Why African Rainbow Minerals (JSE:ARI) Can Manage Its Debt Responsibly

May 11
Here's Why African Rainbow Minerals (JSE:ARI) Can Manage Its Debt Responsibly

Market Might Still Lack Some Conviction On African Rainbow Minerals Limited (JSE:ARI) Even After 26% Share Price Boost

Apr 19
Market Might Still Lack Some Conviction On African Rainbow Minerals Limited (JSE:ARI) Even After 26% Share Price Boost

African Rainbow Minerals' (JSE:ARI) Soft Earnings Don't Show The Whole Picture

Mar 16
African Rainbow Minerals' (JSE:ARI) Soft Earnings Don't Show The Whole Picture

African Rainbow Minerals (JSE:ARI) Is Paying Out Less In Dividends Than Last Year

Mar 15
African Rainbow Minerals (JSE:ARI) Is Paying Out Less In Dividends Than Last Year

African Rainbow Minerals (JSE:ARI) Might Have The Makings Of A Multi-Bagger

Feb 06
African Rainbow Minerals (JSE:ARI) Might Have The Makings Of A Multi-Bagger

African Rainbow Minerals Limited's (JSE:ARI) Low P/E No Reason For Excitement

Dec 29
African Rainbow Minerals Limited's (JSE:ARI) Low P/E No Reason For Excitement

African Rainbow Minerals (JSE:ARI) Is Doing The Right Things To Multiply Its Share Price

Sep 26
African Rainbow Minerals (JSE:ARI) Is Doing The Right Things To Multiply Its Share Price

Here's Why African Rainbow Minerals (JSE:ARI) Can Manage Its Debt Responsibly

Sep 05
Here's Why African Rainbow Minerals (JSE:ARI) Can Manage Its Debt Responsibly

Returns On Capital Are Showing Encouraging Signs At African Rainbow Minerals (JSE:ARI)

Jun 22
Returns On Capital Are Showing Encouraging Signs At African Rainbow Minerals (JSE:ARI)

If EPS Growth Is Important To You, African Rainbow Minerals (JSE:ARI) Presents An Opportunity

Apr 18
If EPS Growth Is Important To You, African Rainbow Minerals (JSE:ARI) Presents An Opportunity

Is African Rainbow Minerals (JSE:ARI) A Risky Investment?

Apr 04
Is African Rainbow Minerals (JSE:ARI) A Risky Investment?

African Rainbow Minerals (JSE:ARI) Is Looking To Continue Growing Its Returns On Capital

Mar 09
African Rainbow Minerals (JSE:ARI) Is Looking To Continue Growing Its Returns On Capital

These 4 Measures Indicate That African Rainbow Minerals (JSE:ARI) Is Using Debt Reasonably Well

Dec 25
These 4 Measures Indicate That African Rainbow Minerals (JSE:ARI) Is Using Debt Reasonably Well

Investors Will Want African Rainbow Minerals' (JSE:ARI) Growth In ROCE To Persist

Nov 08
Investors Will Want African Rainbow Minerals' (JSE:ARI) Growth In ROCE To Persist

Analysts Just Made A Major Revision To Their African Rainbow Minerals Limited (JSE:ARI) Revenue Forecasts

Sep 15
Analysts Just Made A Major Revision To Their African Rainbow Minerals Limited (JSE:ARI) Revenue Forecasts

Estimating The Fair Value Of African Rainbow Minerals Limited (JSE:ARI)

Sep 07
Estimating The Fair Value Of African Rainbow Minerals Limited (JSE:ARI)

African Rainbow Minerals (JSE:ARI) Is Doing The Right Things To Multiply Its Share Price

Aug 09
African Rainbow Minerals (JSE:ARI) Is Doing The Right Things To Multiply Its Share Price

Shareholder Returns

ARIZA Metals and MiningZA Market
7D0.3%-0.5%2.3%
1Y-20.8%12.1%21.4%

Return vs Industry: ARI underperformed the ZA Metals and Mining industry which returned 15.2% over the past year.

Return vs Market: ARI underperformed the ZA Market which returned 20.3% over the past year.

Price Volatility

Is ARI's price volatile compared to industry and market?
ARI volatility
ARI Average Weekly Movement8.6%
Metals and Mining Industry Average Movement9.2%
Market Average Movement5.3%
10% most volatile stocks in ZA Market10.6%
10% least volatile stocks in ZA Market3.5%

Stable Share Price: ARI's share price has been volatile over the past 3 months compared to the ZA market.

Volatility Over Time: ARI's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of ZA stocks.

About the Company

FoundedEmployeesCEOWebsite
1933n/aVelile Tobiasarm.co.za

African Rainbow Minerals Limited, through its subsidiaries, operates as a diversified mining and minerals company in South Africa, Malaysia, and Switzerland. It explores for platinum group metals, nickel, coal, iron ore, copper, manganese ore, and chrome, as well as gold deposits. African Rainbow Minerals Limited was incorporated in 1933 and is based in Sandton, South Africa.

African Rainbow Minerals Limited Fundamentals Summary

How do African Rainbow Minerals's earnings and revenue compare to its market cap?
ARI fundamental statistics
Market capR30.44b
Earnings (TTM)R3.32b
Revenue (TTM)R11.31b

9.2x

P/E Ratio

2.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ARI income statement (TTM)
RevenueR11.31b
Cost of RevenueR11.16b
Gross ProfitR150.00m
Other Expenses-R3.17b
EarningsR3.32b

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

Sep 05, 2025

Earnings per share (EPS)16.95
Gross Margin1.33%
Net Profit Margin29.39%
Debt/Equity Ratio3.6%

How did ARI perform over the long term?

See historical performance and comparison

Dividends

8.7%

Current Dividend Yield

80%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/02 22:42
End of Day Share Price 2025/05/02 00:00
Earnings2024/12/31
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

African Rainbow Minerals Limited is covered by 20 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ayan GhoshAvior Capital Markets
Caroline LearmonthBarclays
Brian MorganBNP Paribas Securities (Asia)