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SLP

Sylvania PlatinumAIM:SLP Stock Report

Last Price

UK£1.00

Market Cap

UK£273.0m

7D

8.7%

1Y

-12.3%

Updated

19 Jan, 2022

Data

Company Financials +
SLP fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends3/6

SLP Stock Overview

Sylvania Platinum Limited primarily engages in the retreatment of platinum group metals (PGM) bearing chrome tailings materials in South Africa and Mauritius.

Price History & Performance

Summary of all time highs, changes and price drops for Sylvania Platinum
Historical stock prices
Current Share PriceUK£1.00
52 Week HighUK£1.50
52 Week LowUK£0.82
Beta0.70
1 Month Change14.94%
3 Month Change-4.94%
1 Year Change-12.28%
3 Year Change406.33%
5 Year Change887.65%
Change since IPO173.97%

Recent News & Updates

Nov 24
Is Now The Time To Put Sylvania Platinum (LON:SLP) On Your Watchlist?

Is Now The Time To Put Sylvania Platinum (LON:SLP) On Your Watchlist?

It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...

Aug 21
We Like Sylvania Platinum's (LON:SLP) Returns And Here's How They're Trending

We Like Sylvania Platinum's (LON:SLP) Returns And Here's How They're Trending

What are the early trends we should look for to identify a stock that could multiply in value over the long term...

Shareholder Returns

SLPGB Metals and MiningGB Market
7D8.7%0.2%-1.0%
1Y-12.3%2.5%8.3%

Return vs Industry: SLP underperformed the UK Metals and Mining industry which returned 0.7% over the past year.

Return vs Market: SLP underperformed the UK Market which returned 8.3% over the past year.

Price Volatility

Is SLP's price volatile compared to industry and market?
SLP volatility
SLP Average Weekly Movement6.4%
Metals and Mining Industry Average Movement7.4%
Market Average Movement5.0%
10% most volatile stocks in GB Market10.7%
10% least volatile stocks in GB Market2.5%

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

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

About the Company

FoundedEmployeesCEOWebsite
2010628Jaco Prinsloohttps://www.sylvaniaplatinum.com

Sylvania Platinum Limited primarily engages in the retreatment of platinum group metals (PGM) bearing chrome tailings materials in South Africa and Mauritius. The company produces PGMs, such as platinum, palladium, and rhodium. It holds interests in the Sylvania dump operations that comprise six chrome beneficiation and PGM processing plants, as well as open cast mining and Northern Limb projects.

Sylvania Platinum Fundamentals Summary

How do Sylvania Platinum's earnings and revenue compare to its market cap?
SLP fundamental statistics
Market CapUS$372.07m
Earnings (TTM)US$99.81m
Revenue (TTM)US$206.11m

3.7x

P/E Ratio

1.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SLP income statement (TTM)
RevenueUS$206.11m
Cost of RevenueUS$63.04m
Gross ProfitUS$143.07m
ExpensesUS$43.26m
EarningsUS$99.81m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.37
Gross Margin69.41%
Net Profit Margin48.42%
Debt/Equity Ratio0%

How did SLP perform over the long term?

See historical performance and comparison

Dividends

3.9%

Current Dividend Yield

15%

Payout Ratio

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SLP (£1) is trading below our estimate of fair value (£5.81)

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


Price To Earnings Ratio

PE vs Industry: SLP is good value based on its PE Ratio (3.7x) compared to the UK Metals and Mining industry average (8.1x).

PE vs Market: SLP is good value based on its PE Ratio (3.7x) compared to the UK market (19.1x).


Price to Earnings Growth Ratio

PEG Ratio: SLP's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: SLP is good value based on its PB Ratio (1.5x) compared to the GB Metals and Mining industry average (1.9x).


Future Growth

How is Sylvania Platinum forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

-10.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SLP's earnings are forecast to decline over the next 3 years (-10.2% per year).

Earnings vs Market: SLP's earnings are forecast to decline over the next 3 years (-10.2% per year).

High Growth Earnings: SLP's earnings are forecast to decline over the next 3 years.

Revenue vs Market: SLP's revenue (0.3% per year) is forecast to grow slower than the UK market (4.8% per year).

High Growth Revenue: SLP's revenue (0.3% 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 SLP's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Sylvania Platinum performed over the past 5 years?

54.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SLP has a high level of non-cash earnings.

Growing Profit Margin: SLP's current net profit margins (48.4%) are higher than last year (35.6%).


Past Earnings Growth Analysis

Earnings Trend: SLP's earnings have grown significantly by 54.7% per year over the past 5 years.

Accelerating Growth: SLP's earnings growth over the past year (143.5%) exceeds its 5-year average (54.7% per year).

Earnings vs Industry: SLP earnings growth over the past year (143.5%) underperformed the Metals and Mining industry 150.4%.


Return on Equity

High ROE: SLP's Return on Equity (40.9%) is considered outstanding.


Financial Health

How is Sylvania Platinum's financial position?


Financial Position Analysis

Short Term Liabilities: SLP's short term assets ($188.0M) exceed its short term liabilities ($13.9M).

Long Term Liabilities: SLP's short term assets ($188.0M) exceed its long term liabilities ($15.8M).


Debt to Equity History and Analysis

Debt Level: SLP is debt free.

Reducing Debt: SLP has not had any debt for past 5 years.

Debt Coverage: SLP has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: SLP has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Sylvania Platinum current dividend yield, its reliability and sustainability?

3.87%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SLP's dividend (3.87%) is higher than the bottom 25% of dividend payers in the UK market (1.41%).

High Dividend: SLP's dividend (3.87%) is low compared to the top 25% of dividend payers in the UK market (4.06%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, SLP has been paying a dividend for less than 10 years.

Growing Dividend: SLP's dividend payments have increased, but the company has only paid a dividend for 3 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (15.1%), SLP's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: SLP's dividends in 3 years are forecast to be covered by earnings (51.8% payout ratio).


Next Steps

Management

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

1.8yrs

Average management tenure


CEO

Jaco Prinsloo (45 yo)

1.83yrs

Tenure

US$456,077

Compensation

Mr. Johannes Jacobus Prinsloo, B.Eng Metallurgy, PDBA, MBA, also known as Jaco, serves as Managing Director and Chief Executive Officer at Sylvania Platinum Limited since March 1, 2020 and has been its Dir...


CEO Compensation Analysis

Compensation vs Market: Jaco's total compensation ($USD456.08K) is below average for companies of similar size in the UK market ($USD809.41K).

Compensation vs Earnings: Jaco's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: SLP's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: SLP's board of directors are not considered experienced ( 1.8 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: SLP insiders have bought and sold the same number of shares 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

Sylvania Platinum Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Sylvania Platinum Limited
  • Ticker: SLP
  • Exchange: AIM
  • Founded: 2010
  • Industry: Precious Metals and Minerals
  • Sector: Materials
  • Implied Market Cap: UK£272.985m
  • Shares outstanding: 272.99m
  • Website: https://www.sylvaniaplatinum.com

Number of Employees


Location

  • Sylvania Platinum Limited
  • Clarendon House
  • 2 Church Street
  • Hamilton
  • HM 11
  • Bermuda

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/19 21:15
End of Day Share Price2022/01/19 00:00
Earnings2021/06/30
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.