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Market Cap

UK£1.4b

Last Updated

2021/05/12 01:02 UTC

Data Sources

Company Financials +

Executive Summary

Centamin plc engages in the exploration, mining, and development of precious metals in Egypt, Burkina Faso, Côte d’Ivoire, Jersey, the United Kingdom, and Australia. More Details


Snowflake Analysis

Flawless balance sheet, undervalued and pays a dividend.


Similar Companies

Share Price & News

How has Centamin's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CEY is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: CEY's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

8.4%

CEY

4.7%

GB Metals and Mining

-0.5%

GB Market


1 Year Return

-30.8%

CEY

82.7%

GB Metals and Mining

24.2%

GB Market

Return vs Industry: CEY underperformed the UK Metals and Mining industry which returned 82.7% over the past year.

Return vs Market: CEY underperformed the UK Market which returned 24.2% over the past year.


Shareholder returns

CEYIndustryMarket
7 Day8.4%4.7%-0.5%
30 Day9.9%13.2%1.5%
90 Day8.8%15.5%6.6%
1 Year-29.2%-30.8%92.1%82.7%29.6%24.2%
3 Year-17.3%-26.7%63.7%40.9%10.6%-2.2%
5 Year35.2%4.7%273.2%185.7%47.5%19.5%

Long-Term Price Volatility Vs. Market

How volatile is Centamin's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

29.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CEY (£1.2) is trading below our estimate of fair value (£1.69)

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


Price To Earnings Ratio

PE vs Industry: CEY is good value based on its PE Ratio (12.5x) compared to the UK Metals and Mining industry average (12.7x).

PE vs Market: CEY is good value based on its PE Ratio (12.5x) compared to the UK market (26x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: CEY is good value based on its PB Ratio (1.5x) compared to the GB Metals and Mining industry average (2.2x).


Future Growth

How is Centamin forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

-15.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CEY's earnings are forecast to decline over the next 3 years (-15.7% per year).

Earnings vs Market: CEY's earnings are forecast to decline over the next 3 years (-15.7% per year).

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

Revenue vs Market: CEY's revenue is expected to decline over the next 3 years (-0.8% per year).

High Growth Revenue: CEY's revenue is forecast to decline over the next 3 years (-0.8% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CEY's Return on Equity is forecast to be low in 3 years time (6.1%).


Past Performance

How has Centamin performed over the past 5 years?

-0.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CEY has high quality earnings.

Growing Profit Margin: CEY's current net profit margins (18.8%) are higher than last year (13.4%).


Past Earnings Growth Analysis

Earnings Trend: CEY's earnings have declined by 0.7% per year over the past 5 years.

Accelerating Growth: CEY's earnings growth over the past year (77.7%) exceeds its 5-year average (-0.7% per year).

Earnings vs Industry: CEY earnings growth over the past year (77.7%) exceeded the Metals and Mining industry 18.4%.


Return on Equity

High ROE: CEY's Return on Equity (24.4%) is considered high.


Financial Health

How is Centamin's financial position?


Financial Position Analysis

Short Term Liabilities: CEY's short term assets ($437.3M) exceed its short term liabilities ($72.2M).

Long Term Liabilities: CEY's short term assets ($437.3M) exceed its long term liabilities ($34.2M).


Debt to Equity History and Analysis

Debt Level: CEY is debt free.

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

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

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


Balance Sheet


Dividend

What is Centamin current dividend yield, its reliability and sustainability?

5.32%

Current Dividend Yield


Upcoming Dividend Payment

TodayMay 12 2021Ex Dividend DateMay 20 2021Dividend Pay DateJun 15 202126 days from Ex DividendBuy in the next 7 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: CEY's dividend (5.32%) is higher than the bottom 25% of dividend payers in the UK market (1.37%).

High Dividend: CEY's dividend (5.32%) is in the top 25% of dividend payers in the UK market (4.08%)


Stability and Growth of Payments

Stable Dividend: CEY has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: CEY's dividend payments have increased, but the company has only paid a dividend for 7 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (66.5%), CEY's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: CEY's dividends in 3 years are forecast to be covered by earnings (63.9% payout ratio).


Next Steps

Management

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

3.4yrs

Average management tenure


CEO

Martin Horgan (46 yo)

1.08yrs

Tenure

US$1,041,687

Compensation

Mr. Martin Horgan serves as Chief Executive Officer and Director of Centamin Plc since April 6, 2020. He Co-Founded Toro Gold Ltd and served as its Chief Executive Officer from 2009 to 2019. Mr. Horgan is ...


CEO Compensation Analysis

Compensation vs Market: Martin's total compensation ($USD1.04M) is about average for companies of similar size in the UK market ($USD1.38M).

Compensation vs Earnings: Insufficient data to compare Martin's compensation with company performance.


Leadership Team

Experienced Management: CEY's management team is considered experienced (3.4 years average tenure).


Board Members

Experienced Board: CEY's board of directors are not considered experienced ( 1.7 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: CEY 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

Centamin plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Centamin plc
  • Ticker: CEY
  • Exchange: LSE
  • Founded: 2011
  • Industry: Gold
  • Sector: Materials
  • Market Cap: UK£1.379b
  • Shares outstanding: 1.15b
  • Website: https://www.centamin.com

Number of Employees


Location

  • Centamin plc
  • 2 Mulcaster Street
  • Saint Helier
  • JE2 3NJ
  • Jersey

Listings


Biography

Centamin plc engages in the exploration, mining, and development of precious metals in Egypt, Burkina Faso, Côte d’Ivoire, Jersey, the United Kingdom, and Australia. The company explores for gold ore depos...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/12 01:02
End of Day Share Price2021/05/11 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.