Zimplats Holdings Limited, together with its subsidiaries, engages in the production of platinum and associated metals mined from the Great Dyke in Zimbabwe.
Zimplats Holdings Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$21.31|
|52 Week High||AU$8.75|
|52 Week Low||AU$28.75|
|1 Month Change||-0.88%|
|3 Month Change||5.50%|
|1 Year Change||116.35%|
|3 Year Change||240.96%|
|5 Year Change||255.17%|
|Change since IPO||3,774.54%|
Recent News & Updates
Zimplats Holdings' (ASX:ZIM) Promising Earnings May Rest On Soft Foundations
Zimplats Holdings Limited ( ASX:ZIM ) announced strong profits, but the stock was stagnant. Our analysis suggests that...
Zimplats Holdings (ASX:ZIM) Is Achieving High Returns On Its Capital
There are a few key trends to look for if we want to identify the next multi-bagger. Amongst other things, we'll want...
Zimplats Holdings (ASX:ZIM) Could Easily Take On More Debt
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
|ZIM||AU Metals and Mining||AU Market|
Return vs Industry: ZIM exceeded the Australian Metals and Mining industry which returned 11.5% over the past year.
Return vs Market: ZIM exceeded the Australian Market which returned 24.9% over the past year.
Stable Share Price: ZIM is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: ZIM's weekly volatility (7%) has been stable over the past year.
About the Company
Zimplats Holdings Limited, together with its subsidiaries, engages in the production of platinum and associated metals mined from the Great Dyke in Zimbabwe. The company produces platinum, palladium, rhodium, iridium, and ruthenium, as well as nickel, gold, copper, cobalt, and silver deposits. It operates mines in Ngezi.
Zimplats Holdings Fundamentals Summary
|ZIM fundamental statistics|
Is ZIM overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ZIM income statement (TTM)|
|Cost of Revenue||US$546.73m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||5.23|
|Net Profit Margin||41.60%|
How did ZIM perform over the long term?See historical performance and comparison
10.2%Current Dividend Yield
Is Zimplats Holdings undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ZIM (A$21.31) is trading below our estimate of fair value (A$126.94)
Significantly Below Fair Value: ZIM is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ZIM is good value based on its PE Ratio (3x) compared to the Australian Metals and Mining industry average (12.1x).
PE vs Market: ZIM is good value based on its PE Ratio (3x) compared to the Australian market (19x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ZIM's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ZIM is good value based on its PB Ratio (1x) compared to the AU Metals and Mining industry average (2.6x).
How is Zimplats Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Zimplats Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Zimplats Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ZIM has a high level of non-cash earnings.
Growing Profit Margin: ZIM's current net profit margins (41.6%) are higher than last year (30.1%).
Past Earnings Growth Analysis
Earnings Trend: ZIM's earnings have grown significantly by 63.2% per year over the past 5 years.
Accelerating Growth: ZIM's earnings growth over the past year (115.1%) exceeds its 5-year average (63.2% per year).
Earnings vs Industry: ZIM earnings growth over the past year (115.1%) exceeded the Metals and Mining industry 44.4%.
Return on Equity
High ROE: ZIM's Return on Equity (32.2%) is considered high.
How is Zimplats Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: ZIM's short term assets ($952.1M) exceed its short term liabilities ($127.7M).
Long Term Liabilities: ZIM's short term assets ($952.1M) exceed its long term liabilities ($304.3M).
Debt to Equity History and Analysis
Debt Level: ZIM is debt free.
Reducing Debt: ZIM has no debt compared to 5 years ago when its debt to equity ratio was 11.5%.
Debt Coverage: ZIM has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ZIM has no debt, therefore coverage of interest payments is not a concern.
What is Zimplats Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ZIM's dividend (10.16%) is higher than the bottom 25% of dividend payers in the Australian market (2.3%).
High Dividend: ZIM's dividend (10.16%) is in the top 25% of dividend payers in the Australian market (5.4%)
Stability and Growth of Payments
Stable Dividend: ZIM has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ZIM's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (23.1%), ZIM's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Alex Mhembere (60 yo)
Mr. Alexander Mhembere, also known as Alex, ACIS, ACMA, MBA, has been the Chief Executive Officer and Executive Director of ZImpala Platinum Holdings Limited (formerly known as Implats) Holdings Limited si...
Experienced Management: ZIM's management team is considered experienced (4.5 years average tenure).
Experienced Board: ZIM's board of directors are considered experienced (4.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Zimplats Holdings Limited's employee growth, exchange listings and data sources
- Name: Zimplats Holdings Limited
- Ticker: ZIM
- Exchange: ASX
- Founded: 1998
- Industry: Precious Metals and Minerals
- Sector: Materials
- Market Cap: AU$2.294b
- Shares outstanding: 107.64m
- Website: https://www.zimplats.com
Number of Employees
- Zimplats Holdings Limited
- Elizabeth House
- 1st and 2nd Floors
- Saint Peter Port
- GY1 1EW
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/24 15:29|
|End of Day Share Price||2021/09/24 00:00|
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 here.