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GDP

Goldplat AIM:GDP Stock Report

Last Price

UK£0.10

Market Cap

UK£17.3m

7D

-1.0%

1Y

49.3%

Updated

06 Oct, 2022

Data

Company Financials +
GDP fundamental analysis
Snowflake Score
Valuation4/6
Future Growth3/6
Past Performance4/6
Financial Health5/6
Dividends0/6

GDP Stock Overview

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

Goldplat Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Goldplat
Historical stock prices
Current Share PriceUK£0.10
52 Week HighUK£0.11
52 Week LowUK£0.065
Beta0.28
1 Month Change2.49%
3 Month Change31.21%
1 Year Change49.28%
3 Year Change249.15%
5 Year Change83.93%
Change since IPO28.75%

Recent News & Updates

Aug 18
Why The 27% Return On Capital At Goldplat (LON:GDP) Should Have Your Attention

Why The 27% Return On Capital At Goldplat (LON:GDP) Should Have Your Attention

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Amongst...

Jul 06
Here's Why Goldplat (LON:GDP) Has Caught The Eye Of Investors

Here's Why Goldplat (LON:GDP) Has Caught The Eye Of Investors

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...

Shareholder Returns

GDPGB Metals and MiningGB Market
7D-1.0%1.9%2.1%
1Y49.3%-2.8%-13.5%

Return vs Industry: GDP exceeded the UK Metals and Mining industry which returned -2% over the past year.

Return vs Market: GDP exceeded the UK Market which returned -12.6% over the past year.

Price Volatility

Is GDP's price volatile compared to industry and market?
GDP volatility
GDP Average Weekly Movement5.9%
Metals and Mining Industry Average Movement8.0%
Market Average Movement5.6%
10% most volatile stocks in GB Market10.7%
10% least volatile stocks in GB Market2.9%

Stable Share Price: GDP is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: GDP's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2005371Werner Klingenberghttps://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 CapUK£17.28m
Earnings (TTM)UK£3.06m
Revenue (TTM)UK£44.12m

5.6x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GDP income statement (TTM)
RevenueUK£44.12m
Cost of RevenueUK£37.05m
Gross ProfitUK£7.07m
Other ExpensesUK£4.01m
EarningsUK£3.06m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.018
Gross Margin16.03%
Net Profit Margin6.94%
Debt/Equity Ratio16.1%

How did GDP perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is GDP undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for GDP?

Other financial metrics that can be useful for relative valuation.

GDP key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.4x
Enterprise Value/EBITDA3.4x
PEG Ratio0.2x

Price to Earnings Ratio vs Peers

How does GDP's PE Ratio compare to its peers?

GDP PE Ratio vs Peers
The above table shows the PE ratio for GDP vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average11.9x
SRB Serabi Gold
3.8xn/aUK£19.3m
ALTN AltynGold
1.2xn/aUK£21.3m
AAU Ariana Resources
28xn/aUK£34.9m
CGNR Conroy Gold and Natural Resources
14.8xn/aUK£8.3m
GDP Goldplat
5.6x27.2%UK£17.3m

Price-To-Earnings vs Peers: GDP is good value based on its Price-To-Earnings Ratio (5.6x) compared to the peer average (11.9x).


Price to Earnings Ratio vs Industry

How does GDP's PE Ratio compare vs other companies in the GB Metals and Mining Industry?

Price-To-Earnings vs Industry: GDP is expensive based on its Price-To-Earnings Ratio (5.6x) compared to the UK Metals and Mining industry average (5.4x)


Price to Earnings Ratio vs Fair Ratio

What is GDP's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

GDP PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio5.6x
Fair PE Ratio13.6x

Price-To-Earnings vs Fair Ratio: GDP is good value based on its Price-To-Earnings Ratio (5.6x) compared to the estimated Fair Price-To-Earnings Ratio (13.6x).


Share Price vs Fair Value

What is the Fair Price of GDP when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: GDP (£0.1) is trading below our estimate of fair value (£0.43)

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


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

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

Future Growth Score

3/6

Future Growth Score 3/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


27.2%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GDP's forecast earnings growth (27.2% per year) is above the savings rate (0.9%).

Earnings vs Market: GDP's earnings (27.2% per year) are forecast to grow faster than the UK market (8.7% per year).

High Growth Earnings: GDP's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: GDP's revenue (0.6% per year) is forecast to grow slower than the UK market (3.5% per year).

High Growth Revenue: GDP's revenue (0.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if GDP's Return on Equity is forecast to be high in 3 years time


Discover growth companies

Past Performance

How has Goldplat performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • 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%) exceeded the Metals and Mining industry -7.4%.


Return on Equity

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


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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


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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

  • Cash Flow Coverage

Dividend Yield vs Market

Goldplat Dividend Yield vs Market
How does Goldplat dividend yield compare to the market?
SegmentDividend Yield
Company (Goldplat)0%
Market Bottom 25% (GB)2.1%
Market Top 25% (GB)6.0%
Industry Average (Metals and Mining)8.8%
Analyst forecast in 3 Years (Goldplat)n/a

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.


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Management

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

2.4yrs

Average board tenure


CEO

Werner Klingenberg (40 yo)

5.33yrs

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

Werner Klingenberg's Compensation vs Goldplat Earnings
How has Werner Klingenberg's remuneration changed compared to Goldplat's earnings?
DateTotal Comp.SalaryCompany Earnings
Dec 31 2021n/an/a

UK£3m

Sep 30 2021n/an/a

UK£3m

Jun 30 2021UK£168kUK£168k

UK£2m

Dec 31 2020n/an/a

UK£3m

Sep 30 2020n/an/a

UK£2m

Jun 30 2020UK£164kUK£164k

UK£2m

Dec 31 2019n/an/a

UK£1m

Sep 30 2019n/an/a

UK£613k

Jun 30 2019UK£128kUK£128k

-UK£222k

Mar 31 2019n/an/a

-UK£2m

Dec 31 2018n/an/a

-UK£2m

Sep 30 2018n/an/a

-UK£874k

Jun 30 2018UK£122kUK£112k

-UK£213k

Mar 31 2018n/an/a

UK£281k

Dec 31 2017n/an/a

UK£775k

Sep 30 2017n/an/a

UK£1m

Jun 30 2017UK£7kUK£7k

UK£1m

Compensation vs Market: Werner's total compensation ($USD187.97K) is below average for companies of similar size in the UK market ($USD338.02K).

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 not considered experienced ( 2.4 years average tenure), which suggests a new board.


Ownership

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

AIM:GDP Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
19 May 22SellUK£27,720Gerard Kisbey-GreenIndividual360,000UK£0.077
17 May 22SellUK£30,672Gerard Kisbey-GreenIndividual398,333UK£0.077
09 May 22SellUK£44,801Gerard Kisbey-GreenIndividual575,000UK£0.078

Ownership Breakdown

What is the ownership structure of GDP?
Owner TypeNumber of SharesOwnership Percentage
Private Companies2,384,5131.4%
Public Companies3,804,3182.3%
General Public22,132,58313.2%
Individual Insiders50,712,13530.2%
Institutions88,749,11852.9%

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


Top Shareholders

Top 25 shareholders own 85.11% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
28.85%
Martin See Ooi
48,403,801£5.0m0%no data
15.93%
Citigroup Inc.,Banking and Securities Investments
26,732,256£2.8m0%no data
6.79%
W H Ireland Group plc, Asset Management Arm
11,389,266£1.2m0%0.74%
6.68%
HBOS Investment Fund Managers Limited
11,215,234£1.2m0%0.01%
4.07%
A J Bell Holdings Limited, Asset Management Arm
6,827,603£703.2k0%0.01%
2.58%
HSBC Global Asset Management (UK) Limited
4,335,593£446.6k0%no data
2.52%
Barclays Bank PLC, Wealth and Investment Management Division
4,233,060£436.0k0%0.01%
2.27%
Lloyds Banking Group plc
3,804,318£391.8k0%no data
2.2%
IG Group Holdings Plc, Asset Management Arm
3,688,064£379.9k0%0.04%
2.15%
Charles Stanley & Co. Ltd, Asset Management Arm
3,612,519£372.1k0%no data
1.84%
Equiniti Group Limited, Asset Management Arm
3,091,223£318.4k0%0.02%
1.42%
Livestock Feeds (Grimsby) Ltd
2,384,513£245.6k0%no data
1.25%
Jarvis Securities plc, Asset Management Arm
2,093,510£215.6k0%0.01%
1.04%
Tilney Group
1,751,331£180.4k0%0.03%
0.92%
Idealing.com, Asset Management Arm
1,541,700£158.8k0%0.1%
0.87%
Albert E Sharp LLP
1,456,666£150.0k0%0.07%
0.79%
Gerard Kisbey-Green
1,333,334£137.3k-50%no data
0.67%
Saxo Bank A/S, Asset Management Arm
1,132,000£116.6k0%0.02%
0.5%
SEI Investments Company
839,000£86.4k0%no data
0.45%
SEB Investment Management AB
760,501£78.3k0%no data
0.36%
Quilter Cheviot Limited
600,000£61.8k0%no data
0.25%
Sango Ntsaluba
425,000£43.8k0%no data
0.25%
Holden & Partners, Asset Management Arm
417,573£43.0k0%2.83%
0.24%
Matthew Robinson
400,000£41.2k0%no data
0.19%
Canaccord Genuity Wealth (International) Limited
324,100£33.4k0%no data

Company Information

Goldplat PLC's employee growth, exchange listings and data sources


Key Information

  • Name: Goldplat PLC
  • Ticker: GDP
  • Exchange: AIM
  • Founded: 2005
  • Industry: Gold
  • Sector: Materials
  • Implied Market Cap: UK£17.282m
  • Shares outstanding: 167.78m
  • Website: https://www.goldplat.com

Number of Employees


Location

  • Goldplat PLC
  • Salisbury House
  • London Wall
  • London
  • Greater London
  • EC2M 5PS
  • United Kingdom


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GDPAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPJul 2006

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/10/06 00:00
End of Day Share Price2022/10/06 00:00
Earnings2021/12/31
Annual Earnings2021/06/30


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.