CEY Stock Overview
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.
Price History & Performance
|Historical stock prices|
|Current Share Price||UK£0.95|
|52 Week High||UK£1.11|
|52 Week Low||UK£0.74|
|1 Month Change||27.49%|
|3 Month Change||11.62%|
|1 Year Change||-2.53%|
|3 Year Change||-31.59%|
|5 Year Change||-37.58%|
|Change since IPO||1,124.26%|
Recent News & Updates
Centamin plc (LON:CEY) Just Reported Half-Year Earnings: Have Analysts Changed Their Mind On The Stock?
Investors in Centamin plc ( LON:CEY ) had a good week, as its shares rose 8.7% to close at UK£0.90 following the...
|CEY||GB Metals and Mining||GB Market|
Return vs Industry: CEY exceeded the UK Metals and Mining industry which returned -13.4% over the past year.
Return vs Market: CEY exceeded the UK Market which returned -9% over the past year.
|CEY Average Weekly Movement||5.4%|
|Metals and Mining Industry Average Movement||7.7%|
|Market Average Movement||5.4%|
|10% most volatile stocks in GB Market||10.8%|
|10% least volatile stocks in GB Market||2.7%|
Stable Share Price: CEY is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: CEY's weekly volatility (5%) has been stable over the past year.
About the Company
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 deposits. Its principal asset is the Sukari Gold Mine project, which covers an area of approximately 160 square kilometers located in the Eastern Desert of Egypt.
Centamin Fundamentals Summary
|CEY fundamental statistics|
Is CEY overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CEY income statement (TTM)|
|Cost of Revenue||US$520.62m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
Oct 19, 2022
|Earnings per share (EPS)||0.11|
|Net Profit Margin||16.96%|
How did CEY perform over the long term?See historical performance and comparison
7.8%Current Dividend Yield
Does CEY pay a reliable dividends?See CEY dividend history and benchmarks
|Centamin dividend dates|
|Ex Dividend Date||Sep 01 2022|
|Dividend Pay Date||Oct 07 2022|
|Days until Ex dividend||17 days|
|Days until Dividend pay date||53 days|
Does CEY pay a reliable dividends?See CEY dividend history and benchmarks
Is CEY undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 3/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for CEY?
Other financial metrics that can be useful for relative valuation.
|What is CEY's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does CEY's PE Ratio compare to its peers?
|CEY PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
POLY Polymetal International
HOC Hochschild Mining
PAF Pan African Resources
AAU Ariana Resources
Price-To-Earnings vs Peers: CEY is expensive based on its Price-To-Earnings Ratio (10.5x) compared to the peer average (6x).
Price to Earnings Ratio vs Industry
How does CEY's PE Ratio compare vs other companies in the GB Metals and Mining Industry?
Price-To-Earnings vs Industry: CEY is expensive based on its Price-To-Earnings Ratio (10.5x) compared to the UK Metals and Mining industry average (6.2x)
Price to Earnings Ratio vs Fair Ratio
What is CEY's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||10.5x|
|Fair PE Ratio||8.6x|
Price-To-Earnings vs Fair Ratio: CEY is expensive based on its Price-To-Earnings Ratio (10.5x) compared to the estimated Fair Price-To-Earnings Ratio (8.6x).
Share Price vs Fair Value
What is the Fair Price of CEY when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: CEY (£0.95) is trading below our estimate of fair value (£2.43)
Significantly Below Fair Value: CEY is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.
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How is Centamin forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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 (-10.6% per year).
Earnings vs Market: CEY's earnings are forecast to decline over the next 3 years (-10.6% per year).
High Growth Earnings: CEY's earnings are forecast to decline over the next 3 years.
Revenue vs Market: CEY's revenue (1.1% per year) is forecast to grow slower than the UK market (4.4% per year).
High Growth Revenue: CEY's revenue (1.1% per year) is forecast to grow slower than 20% 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 (7.2%).
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How has Centamin performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CEY has high quality earnings.
Growing Profit Margin: CEY's current net profit margins (17%) are lower than last year (18.6%).
Past Earnings Growth Analysis
Earnings Trend: CEY's earnings have grown by 6.9% per year over the past 5 years.
Accelerating Growth: CEY's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CEY had negative earnings growth (-9%) over the past year, making it difficult to compare to the Metals and Mining industry average (9.8%).
Return on Equity
High ROE: CEY's Return on Equity (9.5%) is considered low.
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How is Centamin's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: CEY's short term assets ($294.2M) exceed its short term liabilities ($74.6M).
Long Term Liabilities: CEY's short term assets ($294.2M) exceed its long term liabilities ($55.2M).
Debt to Equity History and Analysis
Debt Level: CEY is debt free.
Reducing Debt: CEY has not had any debt for past 5 years.
Debt Coverage: CEY has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CEY has no debt, therefore coverage of interest payments is not a concern.
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What is Centamin current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Cash Flow Coverage
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: CEY's dividend (7.82%) is higher than the bottom 25% of dividend payers in the UK market (1.81%).
High Dividend: CEY's dividend (7.82%) is in the top 25% of dividend payers in the UK market (5.1%)
Stability and Growth of Payments
Stable Dividend: CEY has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: CEY's dividend payments have increased, but the company has only paid a dividend for 8 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (68.2%), CEY's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (3355.4%), CEY's dividend payments are not well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Martin Horgan (48 yo)
Mr. Martin Horgan serves as Chief Executive Officer and Director of Centamin Plc since April 6, 2020. He Co-Founded Toro Gold Ltd and served as its Chief Executive Officer from 2009 to 2019. Mr. Horgan is...
CEO Compensation Analysis
Compensation vs Market: Martin's total compensation ($USD1.36M) is below average for companies of similar size in the UK market ($USD1.98M).
Compensation vs Earnings: Martin's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: CEY's management team is seasoned and experienced (5.1 years average tenure).
Experienced Board: CEY's board of directors are not considered experienced ( 2.9 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 employee growth, exchange listings and data sources
- Name: Centamin plc
- Ticker: CEY
- Exchange: LSE
- Founded: 2011
- Industry: Gold
- Sector: Materials
- Implied Market Cap: UK£1.095b
- Shares outstanding: 1.15b
- Website: https://www.centamin.com
Number of Employees
- Centamin plc
- 2 Mulcaster Street
- Saint Helier
- JE2 3NJ
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/14 00:00|
|End of Day Share Price||2022/08/12 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.