Valterra Platinum Limited

LSE:VALT Stock Report

Market Cap: UK£13.3b

Valterra Platinum Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

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

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: VALT (£50.65) is trading below our estimate of future cash flow value (£62.11)

Significantly Below Future Cash Flow Value: VALT is trading below future cash flow value, but not by a significant amount.

Key Valuation Metric

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

Key metric: As VALT is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for VALT. This is calculated by dividing VALT's market cap by their current earnings.
What is VALT's PE Ratio?
PE Ratio19.1x
EarningsR15.42b
Market CapR294.45b

Price to Earnings Ratio vs Peers

How does VALT's PE Ratio compare to its peers?

The above table shows the PE ratio for VALT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average33.6x
SLP Sylvania Platinum
8.1x39.40%UK£219.0m
FRES Fresnillo
20.1x15.20%UK£20.8b
ANTO Antofagasta
37.8x10.35%UK£37.6b
CRDA Croda International
68.6x24.93%UK£4.3b
VALT Valterra Platinum
19.1x20.07%UK£294.5b

Price-To-Earnings vs Peers: VALT is good value based on its Price-To-Earnings Ratio (19.1x) compared to the peer average (33.6x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

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

6 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ENPL En+ Group International
2.2x8.04%US$4.67b
NLMK Novolipetsk Steel
0.8xn/aUS$4.08b
EVR EVRAZ
0.4xn/aUS$1.42b
POG Petropavlovsk
2.5x12.47%US$56.91m
VALT 19.1xIndustry Avg. 17.0xNo. of Companies6PE01020304050+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: VALT is expensive based on its Price-To-Earnings Ratio (19.1x) compared to the UK Metals and Mining industry average (17.6x).

Price to Earnings Ratio vs Fair Ratio

What is VALT'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.

VALT PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio19.1x
Fair PE Ratio27.5x

Price-To-Earnings vs Fair Ratio: VALT is good value based on its Price-To-Earnings Ratio (19.1x) compared to the estimated Fair Price-To-Earnings Ratio (27.5x).

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 VALT forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUK£50.65
UK£69.22
+36.66%
27.52%UK£98.18UK£31.32n/a12
Jun ’27UK£60.25
UK£69.22
+14.89%
27.52%UK£98.18UK£31.32n/a12
May ’27UK£61.45
UK£64.87
+5.57%
30.22%UK£95.27UK£30.39n/a12
Apr ’27UK£64.00
UK£66.61
+4.08%
30.55%UK£94.99UK£30.30n/a12
Mar ’27UK£86.20
UK£71.80
-16.71%
30.88%UK£100.65UK£32.11n/a12
Feb ’27UK£67.00
UK£65.63
-2.05%
33.02%UK£97.72UK£31.17n/a12
Jan ’27UK£62.20
UK£47.83
-23.10%
19.40%UK£64.60UK£30.70n/a12
Dec ’26UK£54.00
UK£44.82
-17.01%
21.55%UK£57.37UK£24.36n/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£34.80
UK£34.35
-1.29%
16.93%UK£44.17UK£23.22n/a11
Aug ’26UK£33.50
UK£33.00
-1.49%
19.38%UK£43.65UK£22.95n/a11
Jul ’26UK£32.90
UK£28.16
-14.40%
15.98%UK£34.31UK£20.17n/a11
Jun ’26n/a
UK£27.95
0%
15.25%UK£33.84UK£20.14UK£60.2510
May ’26n/a
UK£27.63
0%
16.90%UK£34.17UK£19.62UK£61.458
Apr ’26n/a
UK£28.77
0%
16.76%UK£35.59UK£20.43UK£64.008
Mar ’26n/a
UK£28.63
0%
13.76%UK£34.49UK£21.04UK£86.207
Feb ’26n/a
UK£28.55
0%
13.24%UK£35.10UK£23.04UK£67.008
Jan ’26n/a
UK£28.47
0%
14.16%UK£34.78UK£22.17UK£62.208
Dec ’25n/a
UK£30.29
0%
14.90%UK£37.83UK£25.02UK£54.009
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£34.809
Aug ’25n/a
UK£29.75
0%
14.23%UK£37.24UK£24.20UK£33.5010
Jul ’25n/a
UK£31.60
0%
17.13%UK£43.61UK£23.99UK£32.9010
Jun ’25n/a
UK£31.77
0%
15.06%UK£41.77UK£25.06n/a9
UK£68.65
Fair Value
26.2% undervalued intrinsic discount
12
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/10 06:54
End of Day Share Price 2026/06/10 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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 25 analysts. 9 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