Pan African Resources PLC engages in the mining, extraction, production, and the sale of gold in South Africa.
Pan African Resources Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||UK£0.17|
|52 Week High||UK£0.15|
|52 Week Low||UK£0.27|
|1 Month Change||4.58%|
|3 Month Change||6.24%|
|1 Year Change||-13.63%|
|3 Year Change||111.71%|
|5 Year Change||-18.31%|
|Change since IPO||396.00%|
Recent News & Updates
|PAF||GB Metals and Mining||GB Market|
Return vs Industry: PAF underperformed the UK Metals and Mining industry which returned 30.8% over the past year.
Return vs Market: PAF underperformed the UK Market which returned 24.7% over the past year.
Stable Share Price: PAF is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: PAF's weekly volatility (6%) has been stable over the past year.
About the Company
Pan African Resources PLC engages in the mining, extraction, production, and the sale of gold in South Africa. Its flagship projects include the Barberton gold project that consists of three underground mines, including Fairview, Sheba, and New Consort located in the Barberton Greenstone Belt; and Elikhulu tailings retreatment plant in Southern Africa. The company was incorporated in 2000 and is based in Johannesburg, South Africa.
Pan African Resources Fundamentals Summary
|PAF fundamental statistics|
Is PAF overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|PAF income statement (TTM)|
|Cost of Revenue||US$212.27m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Feb 16, 2022
|Earnings per share (EPS)||0.039|
|Net Profit Margin||20.25%|
How did PAF perform over the long term?See historical performance and comparison
5.3%Current Dividend Yield
Does PAF pay a reliable dividends?See PAF dividend history and benchmarks
|Pan African Resources dividend dates|
|Ex Dividend Date||Dec 02 2021|
|Dividend Pay Date||Dec 14 2021|
|Days until Ex dividend||35 days|
|Days until Dividend pay date||47 days|
Does PAF pay a reliable dividends?See PAF dividend history and benchmarks
Is Pan African Resources 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: PAF (£0.17) is trading below our estimate of fair value (£0.35)
Significantly Below Fair Value: PAF is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PAF is good value based on its PE Ratio (6.2x) compared to the UK Metals and Mining industry average (9.2x).
PE vs Market: PAF is good value based on its PE Ratio (6.2x) compared to the UK market (21.2x).
Price to Earnings Growth Ratio
PEG Ratio: PAF is good value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: PAF is good value based on its PB Ratio (1.6x) compared to the GB Metals and Mining industry average (1.9x).
How is Pan African Resources forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PAF's forecast earnings growth (6.2% per year) is above the savings rate (0.9%).
Earnings vs Market: PAF's earnings (6.2% per year) are forecast to grow slower than the UK market (12.7% per year).
High Growth Earnings: PAF's earnings are forecast to grow, but not significantly.
Revenue vs Market: PAF's revenue is expected to decline over the next 3 years (-1.3% per year).
High Growth Revenue: PAF's revenue is forecast to decline over the next 3 years (-1.3% 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
How has Pan African Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PAF has high quality earnings.
Growing Profit Margin: PAF's current net profit margins (20.2%) are higher than last year (16.2%).
Past Earnings Growth Analysis
Earnings Trend: PAF's earnings have grown by 14% per year over the past 5 years.
Accelerating Growth: PAF's earnings growth over the past year (68.6%) exceeds its 5-year average (14% per year).
Earnings vs Industry: PAF earnings growth over the past year (68.6%) underperformed the Metals and Mining industry 143.5%.
Return on Equity
High ROE: PAF's Return on Equity (26.3%) is considered high.
How is Pan African Resources's financial position?
Financial Position Analysis
Short Term Liabilities: PAF's short term assets ($84.6M) do not cover its short term liabilities ($106.0M).
Long Term Liabilities: PAF's short term assets ($84.6M) do not cover its long term liabilities ($93.5M).
Debt to Equity History and Analysis
Debt Level: PAF's debt to equity ratio (24.2%) is considered satisfactory.
Reducing Debt: PAF's debt to equity ratio has increased from 13.2% to 24.2% over the past 5 years.
Debt Coverage: PAF's debt is well covered by operating cash flow (119.9%).
Interest Coverage: PAF's interest payments on its debt are well covered by EBIT (19.1x coverage).
What is Pan African Resources's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: PAF's dividend (5.29%) is higher than the bottom 25% of dividend payers in the UK market (1.39%).
High Dividend: PAF's dividend (5.29%) is in the top 25% of dividend payers in the UK market (4.08%)
Stability and Growth of Payments
Stable Dividend: PAF's dividend payments have been volatile in the past 10 years.
Growing Dividend: PAF's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (32.7%), PAF's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PAF's dividends in 3 years are forecast to be well covered by earnings (31.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Cobus Loots (43 yo)
Mr. Jacobus Albertus Johannes Loots, also known as Cobus, C.A.(S.A.), C.F.A. has been the Chief Executive Officer of Pan African Resources PLC since March 1, 2015 and served as its Financial Director since...
CEO Compensation Analysis
Compensation vs Market: Cobus's total compensation ($USD811.90K) is about average for companies of similar size in the UK market ($USD745.27K).
Compensation vs Earnings: Cobus's compensation has been consistent with company performance over the past year.
Experienced Management: PAF's management team is considered experienced (4.2 years average tenure).
Experienced Board: PAF's board of directors are considered experienced (6.6 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Pan African Resources PLC's employee growth, exchange listings and data sources
- Name: Pan African Resources PLC
- Ticker: PAF
- Exchange: AIM
- Founded: 2000
- Industry: Gold
- Sector: Materials
- Market Cap: UK£340.157m
- Shares outstanding: 1.93b
- Website: https://www.panafricanresources.com
Number of Employees
- Pan African Resources PLC
- The Firs Building
- 2nd Floor, Office 204
- South Africa
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 21:18|
|End of Day Share Price||2021/10/26 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.