Valterra Platinum Limited

BATS-CHIXE:VALTL Stock Report

Market Cap: UK£13.8b

Valterra Platinum Valuation

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

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

UK£14.32
Fair Value
267.2% overvalued intrinsic discount
12
Number of Analysts

Below Fair Value: VALTL (£52.6) is trading above our estimate of fair value (£14.32)

Significantly Below Fair Value: VALTL is trading above our estimate of fair value.

Key Valuation Metric

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

Key metric: As VALTL is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for VALTL. This is calculated by dividing VALTL's market cap by their current revenue.
What is VALTL's PS Ratio?
PS Ratio3.2x
SalesR99.11b
Market CapR312.57b

Price to Sales Ratio vs Peers

How does VALTL's PS Ratio compare to its peers?

The above table shows the PS ratio for VALTL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average3.9x
SLP Sylvania Platinum
2.9x20.39%UK£228.9m
AAL Anglo American
1.5x-2.85%UK£30.8b
FRES Fresnillo
6.5x7.89%UK£19.4b
ANTO Antofagasta
4.8x7.22%UK£27.2b
VALTL Valterra Platinum
3.2x7.79%UK£312.6b

Price-To-Sales vs Peers: VALTL is good value based on its Price-To-Sales Ratio (3.2x) compared to the peer average (3.9x).

Price to Sales Ratio vs Industry

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

23 CompaniesPrice / SalesEstimated GrowthMarket Cap
GLEN Glencore
0.2x0.90%US$56.10b
ENPL En+ Group International
0.3x1.57%US$4.67b
NLMK Novolipetsk Steel
0.3xn/aUS$4.08b
EVR EVRAZ
0.1x-8.51%US$1.42b
No. of Companies23PS048121620+
23 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: VALTL is expensive based on its Price-To-Sales Ratio (3.2x) compared to the UK Metals and Mining industry average (2.6x).

Price to Sales Ratio vs Fair Ratio

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

VALTL PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio3.2x
Fair PS Ratio1.2x

Price-To-Sales vs Fair Ratio: VALTL is expensive based on its Price-To-Sales Ratio (3.2x) compared to the estimated Fair Price-To-Sales Ratio (1.2x).

Analyst Price Targets

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

The above table shows the analyst VALTL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUK£52.60
UK£44.08
-16.20%
22.76%UK£57.23UK£24.30n/a12
Nov ’26UK£46.50
UK£42.67
-8.24%
23.49%UK£57.64UK£24.29n/a12
Oct ’26UK£53.80
UK£36.13
-32.84%
20.90%UK£50.10UK£23.64n/a11
Sep ’26UK£34.85
UK£34.35
-1.43%
16.93%UK£44.17UK£23.22n/a11
Aug ’26UK£33.70
UK£33.00
-2.08%
19.38%UK£43.65UK£22.95n/a11
Jul ’26UK£33.00
UK£28.16
-14.66%
15.98%UK£34.31UK£20.17n/a11
Jun ’26n/a
UK£27.95
0%
15.25%UK£33.84UK£20.14n/a10
May ’26n/a
UK£27.63
0%
16.90%UK£34.17UK£19.62n/a8
Apr ’26n/a
UK£28.77
0%
16.76%UK£35.59UK£20.43n/a8
Mar ’26n/a
UK£28.63
0%
13.76%UK£34.49UK£21.04n/a7
Feb ’26n/a
UK£28.55
0%
13.24%UK£35.10UK£23.04n/a8
Jan ’26n/a
UK£28.47
0%
14.16%UK£34.78UK£22.17n/a8
Dec ’25n/a
UK£30.29
0%
14.90%UK£37.83UK£25.02n/a9
Nov ’25n/a
UK£30.39
0%
15.76%UK£38.26UK£25.09UK£46.509
Oct ’25n/a
UK£29.93
0%
15.64%UK£37.98UK£24.68UK£53.809
Sep ’25n/a
UK£29.75
0%
15.25%UK£37.46UK£24.35UK£34.859
Aug ’25n/a
UK£29.75
0%
14.23%UK£37.24UK£24.20UK£33.7010
Jul ’25n/a
UK£31.60
0%
17.13%UK£43.61UK£23.99UK£33.0010
Jun ’25n/a
UK£31.77
0%
15.06%UK£41.77UK£25.06n/a9
May ’25n/a
UK£32.14
0%
9.32%UK£37.62UK£28.31n/a7
Apr ’25n/a
UK£30.97
0%
8.93%UK£34.33UK£25.08n/a10
Mar ’25n/a
UK£30.76
0%
8.65%UK£33.83UK£25.05n/a10
Feb ’25n/a
UK£33.25
0%
25.93%UK£58.58UK£27.20n/a10
Jan ’25n/a
UK£33.29
0%
25.53%UK£58.43UK£27.59n/a10
Dec ’24n/a
UK£33.79
0%
25.87%UK£59.41UK£26.65n/a10
Nov ’24n/a
UK£35.73
0%
24.83%UK£60.41UK£27.10n/a10
UK£44.25
Fair Value
18.9% overvalued intrinsic discount
12
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/30 19:56
End of Day Share Price 2025/11/28 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Valterra Platinum Limited is covered by 26 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gerhard EngelbrechtAbsa Bank Limited
Richard HartArqaam Capital Research Offshore S.A.L.
Sebastian BellAvior Capital Markets