Goldplat (AIM:GDP) - Share price, News & Analysis

GDP fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	0/6
Past Performance	3/6
Financial Health	5/6
Dividends	0/6

GDP Stock Overview

Goldplat PLC, together with its subsidiaries, engages in the mining and exploration of gold deposits in South Africa and Ghana.

Rewards

Trading at 79.8% below our estimate of its fair value

Earnings have grown 34% per year over the past 5 years

Risk Analysis

Profit margins (6.9%) are lower than last year (11.1%)

Significant insider selling over the past 3 months

Does not have a meaningful market cap (£15M)

Goldplat Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Goldplat
Historical stock prices
Current Share Price	UK£0.086
52 Week High	UK£0.09
52 Week Low	UK£0.065
Beta	0.50
1 Month Change	7.45%
3 Month Change	16.11%
1 Year Change	18.49%
3 Year Change	268.09%
5 Year Change	28.15%
Change since IPO	8.13%

Recent News & Updates

Apr 12

Why We Like The Returns At Goldplat (LON:GDP)

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...

Shareholder Returns

	GDP	GB Metals and Mining	GB Market
7D	12.3%	4.9%	-0.4%
1Y	18.5%	-1.7%	-4.0%

Return vs Industry: GDP exceeded the UK Metals and Mining industry which returned -1.6% over the past year.

Return vs Market: GDP exceeded the UK Market which returned -3.9% over the past year.

Price Volatility

Is GDP's price volatile compared to industry and market?
GDP volatility
GDP Average Weekly Movement	7.8%
Metals and Mining Industry Average Movement	8.5%
Market Average Movement	6.1%
10% most volatile stocks in GB Market	11.5%
10% least volatile stocks in GB Market	3.2%

Stable Share Price: GDP is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: GDP's weekly volatility (8%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2005	371	Werner Klingenberg	https://www.goldplat.com

Goldplat PLC, together with its subsidiaries, engages in the mining and exploration of gold deposits in South Africa and Ghana. Goldplat PLC was incorporated in 2005 and is based in London, the United Kingdom.

Goldplat Fundamentals Summary

How do Goldplat's earnings and revenue compare to its market cap?
GDP fundamental statistics
Market Cap	UK£14.51m
Earnings (TTM)	UK£3.06m
Revenue (TTM)	UK£44.12m

4.7x

P/E Ratio

0.3x

P/S Ratio

Is GDP overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
GDP income statement (TTM)
Revenue	UK£44.12m
Cost of Revenue	UK£37.05m
Gross Profit	UK£7.07m
Other Expenses	UK£4.01m
Earnings	UK£3.06m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	0.018
Gross Margin	16.03%
Net Profit Margin	6.94%
Debt/Equity Ratio	16.1%

How did GDP perform over the long term?

See historical performance and comparison

Valuation

Is Goldplat undervalued compared to its fair value and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: GDP (£0.09) is trading below our estimate of fair value (£0.43)

Significantly Below Fair Value: GDP is trading below fair value by more than 20%.

Price To Earnings Ratio

PE vs Industry: GDP is good value based on its PE Ratio (4.7x) compared to the UK Metals and Mining industry average (6.1x).

PE vs Market: GDP is good value based on its PE Ratio (4.7x) compared to the UK market (15.3x).

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate GDP's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: GDP is good value based on its PB Ratio (1x) compared to the GB Metals and Mining industry average (1.4x).

Future Growth

How is Goldplat forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

-10.9%

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 Goldplat 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.

Past Performance

How has Goldplat performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

34.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: GDP has high quality earnings.

Growing Profit Margin: GDP's current net profit margins (6.9%) are lower than last year (11.1%).

Past Earnings Growth Analysis

Earnings Trend: GDP's earnings have grown significantly by 34% per year over the past 5 years.

Accelerating Growth: GDP's earnings growth over the past year (7.4%) is below its 5-year average (34% per year).

Earnings vs Industry: GDP earnings growth over the past year (7.4%) underperformed the Metals and Mining industry 42.5%.

Return on Equity

High ROE: GDP's Return on Equity (21.2%) is considered high.

Financial Health

How is Goldplat's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: GDP's short term assets (£29.4M) exceed its short term liabilities (£20.2M).

Long Term Liabilities: GDP's short term assets (£29.4M) exceed its long term liabilities (£3.3M).

Debt to Equity History and Analysis

Debt Level: GDP's net debt to equity ratio (6%) is considered satisfactory.

Reducing Debt: GDP's debt to equity ratio has increased from 0.3% to 16.1% over the past 5 years.

Debt Coverage: GDP's debt is well covered by operating cash flow (119.8%).

Interest Coverage: GDP's interest payments on its debt are well covered by EBIT (18.8x coverage).

Balance Sheet

Dividend

What is Goldplat current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate GDP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate GDP's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.

Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if GDP's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if GDP's dividend payments have been increasing.

Earnings Payout to Shareholders

Earnings Coverage: GDP is not paying a notable dividend for the UK market.

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as GDP has not reported any payouts.

Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

4.9yrs

Average board tenure

CEO

Werner Klingenberg (39 yo)

4.92yrs

Tenure

UK£168,000

Compensation

Mr. Werner Klingenberg serves as Chief Executive Officer at Goldplat Plc since September 30, 2019. He has been Chief Financial Officer and Director of Goldplat PLC since June 1, 2017. Mr. Klingenberg also...

CEO Compensation Analysis

Compensation vs Market: Werner's total compensation ($USD209.41K) is below average for companies of similar size in the UK market ($USD319.38K).

Compensation vs Earnings: Werner's compensation has been consistent with company performance over the past year.

Board Members

Experienced Board: GDP's board of directors are considered experienced (4.9 years average tenure).

Ownership

Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: GDP insiders have only sold shares in the past 3 months.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Data	Last Updated (UTC time)
Company Analysis	2022/05/21 00:00
End of Day Share Price	2022/05/20 00:00
Earnings	2021/12/31
Annual Earnings	2021/06/30