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Market Cap

UK£4.0b

Last Updated

2021/05/16 01:11 UTC

Data Sources

Company Financials +

Executive Summary

KAZ Minerals PLC, together with its subsidiaries, engages in mining and processing copper and other metals primarily in Kazakhstan, Russia, and Kyrgyzstan. More Details


Snowflake Analysis

Undervalued with adequate balance sheet.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: KAZ is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: KAZ's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

0%

KAZ

-3.0%

GB Metals and Mining

-1.2%

GB Market


1 Year Return

106.3%

KAZ

72.3%

GB Metals and Mining

27.6%

GB Market

Return vs Industry: KAZ exceeded the UK Metals and Mining industry which returned 72.3% over the past year.

Return vs Market: KAZ exceeded the UK Market which returned 27.6% over the past year.


Shareholder returns

KAZIndustryMarket
7 Day0%-3.0%-1.2%
30 Day0%3.7%0.6%
90 Day3.7%9.7%5.3%
1 Year112.4%106.3%81.2%72.3%33.1%27.6%
3 Year-13.3%-19.1%58.6%36.3%11.1%-1.6%
5 Year518.2%476.8%271.4%184.5%48.7%20.7%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is KAZ Minerals 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: KAZ (£8.49) is trading below our estimate of fair value (£42.07)

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


Price To Earnings Ratio

PE vs Industry: KAZ is good value based on its PE Ratio (8.8x) compared to the UK Metals and Mining industry average (12x).

PE vs Market: KAZ is good value based on its PE Ratio (8.8x) compared to the UK market (25.6x).


Price to Earnings Growth Ratio

PEG Ratio: KAZ is good value based on its PEG Ratio (0.5x)


Price to Book Ratio

PB vs Industry: KAZ is overvalued based on its PB Ratio (2.4x) compared to the GB Metals and Mining industry average (2.2x).


Future Growth

How is KAZ Minerals forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

17.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: KAZ's forecast earnings growth (17.1% per year) is above the savings rate (0.9%).

Earnings vs Market: KAZ's earnings (17.1% per year) are forecast to grow slower than the UK market (17.6% per year).

High Growth Earnings: KAZ's earnings are forecast to grow, but not significantly.

Revenue vs Market: KAZ's revenue (10.2% per year) is forecast to grow faster than the UK market (5.3% per year).

High Growth Revenue: KAZ's revenue (10.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: KAZ's Return on Equity is forecast to be high in 3 years time (23.2%)


Past Performance

How has KAZ Minerals performed over the past 5 years?

31.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KAZ has high quality earnings.

Growing Profit Margin: KAZ's current net profit margins (27.1%) are higher than last year (25.2%).


Past Earnings Growth Analysis

Earnings Trend: KAZ has become profitable over the past 5 years, growing earnings by 31% per year.

Accelerating Growth: KAZ's earnings growth over the past year (11.9%) is below its 5-year average (31% per year).

Earnings vs Industry: KAZ earnings growth over the past year (11.9%) underperformed the Metals and Mining industry 20.4%.


Return on Equity

High ROE: Whilst KAZ's Return on Equity (26.36%) is high, this metric is skewed due to their high level of debt.


Financial Health

How is KAZ Minerals's financial position?


Financial Position Analysis

Short Term Liabilities: KAZ's short term assets ($2.3B) exceed its short term liabilities ($858.0M).

Long Term Liabilities: KAZ's short term assets ($2.3B) do not cover its long term liabilities ($3.6B).


Debt to Equity History and Analysis

Debt Level: KAZ's debt to equity ratio (161.2%) is considered high.

Reducing Debt: KAZ's debt to equity ratio has reduced from 1087.2% to 161.2% over the past 5 years.

Debt Coverage: KAZ's debt is well covered by operating cash flow (20.6%).

Interest Coverage: KAZ's interest payments on its debt are well covered by EBIT (7.7x coverage).


Balance Sheet


Dividend

What is KAZ Minerals's current dividend yield, its reliability and sustainability?

0.42%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate KAZ's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate KAZ's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if KAZ's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if KAZ's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: KAZ is not paying a notable dividend for the UK market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of KAZ's dividend in 3 years as they are not forecast to pay a notable one for the UK market.


Next Steps

Management

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

4.8yrs

Average management tenure


CEO

Andrew Southam (42 yo)

3.33yrs

Tenure

US$2,385,178

Compensation

Mr. Andrew Southam is Chief Executive Officer at KAZ Minerals PLC since January 01, 2018 and is responsible to the Board for the executive management of the Group, including leadership of the Executive Com...


CEO Compensation Analysis

Compensation vs Market: Andrew's total compensation ($USD2.39M) is about average for companies of similar size in the UK market ($USD2.25M).

Compensation vs Earnings: Andrew's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: KAZ's management team is considered experienced (4.8 years average tenure).


Board Members

Experienced Board: KAZ's board of directors are considered experienced (6.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if 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

KAZ Minerals PLC's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: KAZ Minerals PLC
  • Ticker: KAZ
  • Exchange: LSE
  • Founded: 1930
  • Industry: Copper
  • Sector: Materials
  • Market Cap: UK£4.018b
  • Shares outstanding: 473.29m
  • Website: https://www.kazminerals.com

Number of Employees


Location

  • KAZ Minerals PLC
  • Cardinal Place
  • 6th Floor
  • London
  • Greater London
  • SW1E 5JL
  • United Kingdom

Listings


Biography

KAZ Minerals PLC, together with its subsidiaries, engages in mining and processing copper and other metals primarily in Kazakhstan, Russia, and Kyrgyzstan. It operates through Bozshakol, Aktogay, East Regi...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/16 01:11
End of Day Share Price2021/05/10 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.