Pan African Resources
Market Cap
UK£367.9m
Last Updated
2021/05/12 18:17 UTC
Data Sources
Company Financials +
Executive Summary
Pan African Resources PLC engages in the exploration of precious metals in South Africa. More Details
Rewards
Risk Analysis
Snowflake Analysis
Solid track record average dividend payer.
Similar Companies
Share Price & News
How has Pan African Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PAF is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: PAF's weekly volatility (7%) has been stable over the past year.
Market Performance
7 Day Return
8.0%
PAF
2.7%
GB Metals and Mining
-0.7%
GB Market
1 Year Return
30.6%
PAF
85.0%
GB Metals and Mining
28.0%
GB Market
Return vs Industry: PAF underperformed the UK Metals and Mining industry which returned 82.7% over the past year.
Return vs Market: PAF exceeded the UK Market which returned 24.2% over the past year.
Shareholder returns
| PAF | Industry | Market | |
|---|---|---|---|
| 7 Day | 8.0% | 2.7% | -0.7% |
| 30 Day | 11.9% | 12.7% | 1.8% |
| 90 Day | -17.0% | 16.3% | 6.4% |
| 1 Year | 34.8%30.6% | 94.5%85.0% | 33.4%28.0% |
| 3 Year | 182.5%170.7% | 62.0%39.4% | 10.6%-2.0% |
| 5 Year | 48.5%31.0% | 285.4%195.4% | 49.8%21.6% |
Long-Term Price Volatility Vs. Market
How volatile is Pan African Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Pan African Resources PLC's (LON:PAF) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?1 month ago | Simply Wall St
If You Had Bought Pan African Resources (LON:PAF) Shares Three Years Ago You'd Have Earned 159% Returns1 month ago | Simply Wall St
Did Pan African Resources PLC (LON:PAF) Insiders Buy Up More Shares?Valuation
Is Pan African Resources undervalued compared to its fair value and its price relative to the market?
8.18x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: PAF (£0.19) is trading above our estimate of fair value (£0.13)
Significantly Below Fair Value: PAF is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PAF is good value based on its PE Ratio (8.2x) compared to the UK Metals and Mining industry average (12.7x).
PE vs Market: PAF is good value based on its PE Ratio (8.2x) compared to the UK market (26x).
Price to Earnings Growth Ratio
PEG Ratio: PAF is good value based on its PEG Ratio (0.2x)
Price to Book Ratio
PB vs Industry: PAF's PB Ratio (2.1x) is in line with the GB Metals and Mining industry average.
Future Growth
How is Pan African Resources forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
33.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PAF's forecast earnings growth (33.3% per year) is above the savings rate (0.9%).
Earnings vs Market: PAF's earnings (33.3% per year) are forecast to grow faster than the UK market (17.4% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: PAF's revenue is expected to decline over the next 3 years (-0.2% per year).
High Growth Revenue: PAF's revenue is forecast to decline over the next 3 years (-0.2% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if PAF's Return on Equity is forecast to be high in 3 years time
Past Performance
How has Pan African Resources performed over the past 5 years?
10.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PAF has high quality earnings.
Growing Profit Margin: PAF's current net profit margins (19.4%) are lower than last year (19.8%).
Past Earnings Growth Analysis
Earnings Trend: PAF's earnings have grown by 10.2% per year over the past 5 years.
Accelerating Growth: PAF's earnings growth over the past year (25.8%) exceeds its 5-year average (10.2% per year).
Earnings vs Industry: PAF earnings growth over the past year (25.8%) exceeded the Metals and Mining industry 18.4%.
Return on Equity
High ROE: PAF's Return on Equity (25.9%) is considered high.
Financial Health
How is Pan African Resources's financial position?
Financial Position Analysis
Short Term Liabilities: PAF's short term assets ($59.7M) do not cover its short term liabilities ($71.4M).
Long Term Liabilities: PAF's short term assets ($59.7M) do not cover its long term liabilities ($120.6M).
Debt to Equity History and Analysis
Debt Level: PAF's debt to equity ratio (35.8%) is considered satisfactory.
Reducing Debt: PAF's debt to equity ratio has increased from 9.5% to 35.8% over the past 5 years.
Debt Coverage: PAF's debt is well covered by operating cash flow (99.4%).
Interest Coverage: PAF's interest payments on its debt are well covered by EBIT (11.4x coverage).
Balance Sheet
Dividend
What is Pan African Resources's current dividend yield, its reliability and sustainability?
3.12%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PAF's dividend (3.12%) is higher than the bottom 25% of dividend payers in the UK market (1.37%).
High Dividend: PAF's dividend (3.12%) is low compared to the top 25% of dividend payers in the UK market (4.08%).
Stability and Growth of Payments
Stable Dividend: PAF's dividend payments have been volatile in the past 10 years.
Growing Dividend: PAF's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (25.5%), PAF's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PAF's dividends in 3 years are forecast to be well covered by earnings (15.9% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.8yrs
Average management tenure
CEO
Cobus Loots (42 yo)
6.17yrs
Tenure
US$1,030,800
Compensation
Mr. Jacobus Albertus Johannes Loots, also known as Cobus, C.A.(S.A.), C.F.A. has been the Chief Executive Officer of Pan African Resources PLC since March 1, 2015 and served as its Financial Director since...
CEO Compensation Analysis
Compensation vs Market: Cobus's total compensation ($USD1.03M) is above average for companies of similar size in the UK market ($USD724.71K).
Compensation vs Earnings: Cobus's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: PAF's management team is considered experienced (3.8 years average tenure).
Board Members
Experienced Board: PAF's board of directors are considered experienced (6.2 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PAF insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Pan African Resources PLC's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Pan African Resources PLC
- Ticker: PAF
- Exchange: AIM
- Founded: 2000
- Industry: Gold
- Sector: Materials
- Market Cap: UK£367.925m
- Shares outstanding: 1.93b
- Website: https://www.panafricanresources.com
Number of Employees
Location
- Pan African Resources PLC
- The Firs Office Building
- 2nd Floor, Office 204
- Johannesburg
- Gauteng
- 2196
- South Africa
Listings
Biography
Pan African Resources PLC engages in the exploration of precious metals in South Africa. Its principal property is the Barberton gold project that consists of three underground mines, including Fairview, S...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/12 18:17 |
| End of Day Share Price | 2021/05/12 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/06/30 |
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.