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
Flawless balance sheet, undervalued and pays a dividend.
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.
7 Day Return
GB Metals and Mining
1 Year Return
GB Metals and Mining
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.
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
1 year ago | Simply Wall StDon’t Buy Centamin plc (LON:CEY) Until You Understand Its ROCE
1 year ago | Simply Wall StDon't Sell Centamin plc (LON:CEY) Before You Read This
1 year ago | Simply Wall StIs Centamin plc (LON:CEY) Trading At A 37% Discount?
Is Centamin 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: 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).
How is Centamin forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
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%).
How has Centamin performed over the past 5 years?
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.
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 ($34.2M).
Debt to Equity History and Analysis
Debt Level: CEY is debt free.
Reducing Debt: CEY has not had any debt for past 5 years.
Debt Coverage: CEY has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CEY has no debt, therefore coverage of interest payments is not a concern.
What is Centamin current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: CEY's dividend (5.32%) is higher than the bottom 25% of dividend payers in the UK market (1.37%).
High Dividend: CEY's dividend (5.32%) is in the top 25% of dividend payers in the UK market (4.08%)
Stability and Growth of Payments
Stable Dividend: CEY has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: CEY's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (66.5%), CEY's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CEY's dividends in 3 years are forecast to be covered by earnings (63.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Martin Horgan (46 yo)
Mr. Martin Horgan serves as Chief Executive Officer and Director of Centamin Plc since April 6, 2020. He Co-Founded Toro Gold Ltd and served as its Chief Executive Officer from 2009 to 2019. Mr. Horgan is ...
CEO Compensation Analysis
Compensation vs Market: Martin's total compensation ($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.
Experienced Management: CEY's management team is considered experienced (3.4 years average tenure).
Experienced Board: CEY's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Centamin plc's company bio, employee growth, exchange listings and data sources
- 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
- Centamin plc
- 2 Mulcaster Street
- Saint Helier
- JE2 3NJ
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
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/12 01:02|
|End of Day Share Price||2021/05/11 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.