Centamin plc engages in the exploration, mining, and development of precious metals in Egypt, Burkina Faso, Côte d’Ivoire, Jersey, the United Kingdom, and Australia.
Flawless balance sheet unattractive dividend payer.
Share Price & News
How has Centamin's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CEE has not had significant price volatility in the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: CEE exceeded the Canadian Metals and Mining industry which returned 4.3% over the past year.
Return vs Market: CEE exceeded the Canadian Market which returned 5.8% over the past year.
Price Volatility Vs. Market
How volatile is Centamin's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Centamin undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CEE (CA$2.3) is trading above our estimate of fair value (CA$1.45)
Significantly Below Fair Value: CEE is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CEE is poor value based on its PE Ratio (38.1x) compared to the Metals and Mining industry average (15.6x).
PE vs Market: CEE is poor value based on its PE Ratio (38.1x) compared to the Canadian market (15.9x).
Price to Earnings Growth Ratio
PEG Ratio: CEE's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: CEE is overvalued based on its PB Ratio (1.6x) compared to the CA Metals and Mining industry average (1.5x).
How is Centamin forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CEE's earnings are forecast to decline over the next 3 years (-0.6% per year).
Earnings vs Market: CEE's earnings are forecast to decline over the next 3 years (-0.6% per year).
High Growth Earnings: CEE's earnings are forecast to decline over the next 3 years.
Revenue vs Market: CEE's revenue (5.9% per year) is forecast to grow faster than the Canadian market (4.9% per year).
High Growth Revenue: CEE's revenue (5.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CEE's Return on Equity is forecast to be low in 3 years time (4.4%).
How has Centamin performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CEE has a large one-off loss of $49.4M impacting its June 30 2019 financial results.
Growing Profit Margin: CEE's current net profit margins (9%) are lower than last year (17.4%).
Past Earnings Growth Analysis
Earnings Trend: CEE's earnings have grown by 0.01% per year over the past 5 years.
Accelerating Growth: CEE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CEE had negative earnings growth (-55%) over the past year, making it difficult to compare to the Metals and Mining industry average (11.9%).
Return on Equity
High ROE: CEE's Return on Equity (10.4%) is considered low.
Return on Assets
Return on Capital Employed
How is Centamin's financial position?
Financial Position Analysis
Short Term Liabilities: CEE's short term assets ($413.7M) exceed its short term liabilities ($55.4M).
Long Term Liabilities: CEE's short term assets ($413.7M) exceed its long term liabilities ($14.0M).
Debt to Equity History and Analysis
Debt Level: CEE is debt free.
Reducing Debt: CEE has not had any debt for past 5 years.
Debt Coverage: CEE has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CEE has no debt, therefore coverage of interest payments is not a concern.
Inventory Level: CEE has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if CEE's debt is covered by short term assets.
What is Centamin's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: CEE's dividend (6.8%) is higher than the bottom 25% of dividend payers in the Canadian market (1.91%).
High Dividend: CEE's dividend (6.8%) is in the top 25% of dividend payers in the Canadian market (5.32%)
Stability and Growth of Payments
Stable Dividend: CEE has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: CEE's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (151.1%), CEE's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CEE's dividends in 3 years are not forecast to be well covered by earnings (115.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ross Ian Jerrard (44yo)
Mr. Ross Ian Jerrard serves as Interim Chief Executive Officer of Centamin Plc since December 13, 2019. Mr. Jerrard has been the Chief Financial Officer of Centamin Plc since April 18, 2016 and its Directo ...
CEO Compensation Analysis
Compensation vs Market: Ross's total compensation ($USD1.34M) is below average for companies of similar size in the Canadian market ($USD2.15M).
Compensation vs Earnings: Ross's compensation has been consistent with company performance over the past year.
|Interim CEO||0.2yrs||US$1.34m||0.030% $818.3k|
|Chief Operating Officer||0.8yrs||no data||no data|
|Group Accountant||3yrs||no data||0.010% $280.7k|
|Head of Investor Relations||2.2yrs||no data||0.019% $505.7k|
|Head of Corporate Development||0.6yrs||no data||no data|
|Group Exploration Manager||4.1yrs||no data||0.027% $738.9k|
|Group Financial Controller||4.5yrs||US$889.54k||0.069% $1.9m|
|Company Secretary||6.6yrs||no data||0.050% $1.3m|
|General Manager of Sukari Operations||7.7yrs||no data||no data|
|Manager of Exploration||0yrs||US$69.00k||no data|
Experienced Management: CEE's management team is considered experienced (3 years average tenure).
|Interim CEO||0.2yrs||US$1.34m||0.030% $818.3k|
|Independent Non-Executive Director||9yrs||US$122.64k||0.0042% $114.5k|
|Senior Independent Non-Executive Director||8.9yrs||US$170.34k||0.011% $297.2k|
|Non-Executive Chairman||8.2yrs||US$894.53k||0.093% $2.5m|
|Independent Non-Executive Director||1.5yrs||US$31.74k||no data|
|Independent Non-Executive Director||0.8yrs||no data||no data|
|Independent Non-Executive Director||0.4yrs||no data||no data|
|Independent Non-Executive Director||9yrs||US$122.64k||0.016% $444.4k|
|Independent Non-Executive Director||0.4yrs||no data||0.0013% $35.1k|
|Deputy Independent Non-Executive Chairman||0.08yrs||no data||no data|
Experienced Board: CEE's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Centamin plc's company bio, employee growth, exchange listings and data sources
- Name: Centamin plc
- Ticker: CEE
- Exchange: TSX
- Founded: 1970
- Industry: Gold
- Sector: Materials
- Market Cap: UK£1.565b
- Listing Market Cap: UK£2.702b
- Shares outstanding: 1.16b
- Website: https://www.centamin.com
Number of Employees
- Centamin plc
- 2 Mulcaster Street
- Saint Helier
- JE2 3NJ
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CEY||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||GBP||Jan 1992|
|CELT.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jan 1992|
|7CT||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jan 1992|
|CEE||TSX (The Toronto Stock Exchange)||Yes||Ordinary Shares||CA||CAD||Jan 1992|
|CEYL||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||GBP||Jan 1992|
Centamin plc engages in the exploration, mining, and development of precious metals in Egypt, Burkina Faso, Côte d’Ivoire, Jersey, the United Kingdom, and Australia. The company explores for gold ore deposits. Its principal project is the Sukari Gold Mine project, which covers an area of 160 square kilometers located in the Eastern Desert of Egypt. The company was incorporated in 1970 and is based in Saint Helier, Jersey.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/17 00:58|
|End of Day Share Price||2020/02/14 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.