JSE:AMS

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Anglo American Platinum

Executive Summary

Anglo American Platinum Limited engages in the production and sale of platinum group metals, base metals, and precious metals in South Africa and internationally.


Snowflake Analysis

Outstanding track record with flawless balance sheet.


Similar Companies

Share Price & News

How has Anglo American Platinum's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: AMS's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

2.9%

AMS

0.5%

ZA Metals and Mining

6.1%

ZA Market


1 Year Return

45.2%

AMS

45.9%

ZA Metals and Mining

-20.8%

ZA Market

Return vs Industry: AMS matched the ZA Metals and Mining industry which returned 45.9% over the past year.

Return vs Market: AMS exceeded the ZA Market which returned -20.8% over the past year.


Shareholder returns

AMSIndustryMarket
7 Day2.9%0.5%6.1%
30 Day13.7%5.7%6.9%
90 Day20.6%15.1%-3.0%
1 Year52.7%45.2%53.7%45.9%-9.3%-20.8%
3 Year321.0%289.0%193.6%168.9%8.2%-12.5%
5 Year318.9%287.0%205.2%163.7%15.2%-13.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Anglo American Platinum undervalued compared to its fair value and its price relative to the market?

16.22x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: AMS (ZAR1142.63) is trading above our estimate of fair value (ZAR410.68)

Significantly Below Fair Value: AMS is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: AMS is good value based on its PE Ratio (16.2x) compared to the Metals and Mining industry average (17.4x).

PE vs Market: AMS is poor value based on its PE Ratio (16.2x) compared to the ZA market (8.4x).


Price to Earnings Growth Ratio

PEG Ratio: AMS is good value based on its PEG Ratio (0.6x)


Price to Book Ratio

PB vs Industry: AMS is overvalued based on its PB Ratio (4.9x) compared to the ZA Metals and Mining industry average (1x).


Next Steps

Future Growth

How is Anglo American Platinum forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

28.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AMS's forecast earnings growth (28.4% per year) is above the savings rate (9.5%).

Earnings vs Market: AMS's earnings (28.4% per year) are forecast to grow faster than the ZA market (19.6% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: AMS's revenue (16.4% per year) is forecast to grow faster than the ZA market (8.3% per year).

High Growth Revenue: AMS's revenue (16.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: AMS's Return on Equity is forecast to be very high in 3 years time (46.3%).


Next Steps

Past Performance

How has Anglo American Platinum performed over the past 5 years?

63.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AMS has high quality earnings.

Growing Profit Margin: AMS's current net profit margins (18.6%) are higher than last year (9.3%).


Past Earnings Growth Analysis

Earnings Trend: AMS's earnings have grown significantly by 63.1% per year over the past 5 years.

Accelerating Growth: AMS's earnings growth over the past year (168%) exceeds its 5-year average (63.1% per year).

Earnings vs Industry: AMS earnings growth over the past year (168%) exceeded the Metals and Mining industry 6.4%.


Return on Equity

High ROE: AMS's Return on Equity (30.5%) is considered high.


Next Steps

Financial Health

How is Anglo American Platinum's financial position?


Financial Position Analysis

Short Term Liabilities: AMS's short term assets (ZAR46.8B) exceed its short term liabilities (ZAR28.5B).

Long Term Liabilities: AMS's short term assets (ZAR46.8B) exceed its long term liabilities (ZAR14.6B).


Debt to Equity History and Analysis

Debt Level: AMS's debt to equity ratio (0.5%) is considered satisfactory.

Reducing Debt: AMS's debt to equity ratio has reduced from 31.3% to 0.5% over the past 5 years.

Debt Coverage: AMS's debt is well covered by operating cash flow (8804.3%).

Interest Coverage: AMS's interest payments on its debt are well covered by EBIT (115.8x coverage).


Balance Sheet


Next Steps

Dividend

What is Anglo American Platinum's current dividend yield, its reliability and sustainability?

2.91%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: AMS's dividend (2.91%) isn’t notable compared to the bottom 25% of dividend payers in the ZA market (4.19%).

High Dividend: AMS's dividend (2.91%) is low compared to the top 25% of dividend payers in the ZA market (11.59%).


Stability and Growth of Payments

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

Growing Dividend: AMS's dividend payments have increased, but the company has only paid a dividend for 9 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (39.2%), AMS's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: AMS's dividends in 3 years are forecast to be well covered by earnings (34.6% payout ratio).


Next Steps

Management

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

3.4yrs

Average management tenure


CEO

Natascha Viljoen (49yo)

0.17

Tenure

Ms. Natascha Viljoen, BEng (PrEng), EMBA, serves as Chief Executive Officer and Executive Director at Anglo American Platinum Limited a subsidiary of Anglo American Plc since April 16, 2020. She joined Ang ...


Leadership Team

NamePositionTenureCompensationOwnership
Craig Miller
Finance Director & Director1.17yrsR14.53mno data
Gordon Smith
Executive Head of Technical6.75yrsR23.32mno data
Lorato Mogaki
Executive Head of Human Resources7yrsR22.33mno data
Dean Pelser
Executive Head of Mining Operations7.33yrsR25.20mno data
Gary Humphries
Executive Head of Processing3.42yrsR23.18mno data
Prakashim Moodliar
Executive Head of Projects1.25yrsR8.40mno data
Natascha Viljoen
CEO & Executive Director0.17yrno datano data
Emma Chapman
Head of Investor Relationsno datano datano data
Kevin Lester
Head of Legalno datano datano data
Henry Zondi
Head of Employee Relationsno datano datano data

3.4yrs

Average Tenure

51.5yo

Average Age

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


Board Members

NamePositionTenureCompensationOwnership
Craig Miller
Finance Director & Director1.17yrsR14.53mno data
Natascha Viljoen
CEO & Executive Director0.17yrno datano data
Nombulelo Moholi
Independent Non-Executive Director6.92yrsR1.13mno data
Anthony O'Neill
Non-Executive Director6.67yrsR425.00kno data
Norman Mbazima
Independent Non-Executive Chairman1.17yrsR1.76mno data
Nkateko Mageza
Lead Independent Non-Executive Director1.17yrsR1.34mno data
Richard Wingfield Dunne
Independent Non-Executive Director13.92yrsR1.35mno data
Mark Cutifani
Non-Executive Director7.17yrsR545.67kno data
Dhanasagree Naidoo
Independent Non-Executive Director6.92yrsR856.00kno data
John Vice
Independent Non-Executive Director7.58yrsR867.33kno data

6.8yrs

Average Tenure

61yo

Average Age

Experienced Board: AMS's board of directors are considered experienced (6.8 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

Anglo American Platinum Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Anglo American Platinum Limited
  • Ticker: AMS
  • Exchange: JSE
  • Founded: 1946
  • Industry: Precious Metals and Minerals
  • Sector: Materials
  • Market Cap: R299.983b
  • Shares outstanding: 262.54m
  • Website: https://www.angloamericanplatinum.com

Number of Employees


Location

  • Anglo American Platinum Limited
  • 55 Marshall Street
  • Johannesburg
  • Gauteng
  • 2001
  • South Africa

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RPHADB (Deutsche Boerse AG)YesOrdinary SharesDEEURFeb 1980
AMSJSE (The Johannesburg Securities Exchange)YesOrdinary SharesZAZARFeb 1980
AGPP.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDFeb 1980
ANGP.YOTCPK (Pink Sheets LLC)SPONSORED ADRUSUSDJun 2016
RPH1DB (Deutsche Boerse AG)SPONSORED ADRDEEURJun 2016

Biography

Anglo American Platinum Limited engages in the production and sale of platinum group metals, base metals, and precious metals in South Africa and internationally. It produces platinum, palladium, rhodium, ruthenium, iridium, and osmium, as well as nickel, copper, cobalt sulphate, sodium sulphate, and gold. The company was formerly known as Anglo Platinum Ltd. and changed its name to Anglo American Platinum Limited in May 2011. The company was incorporated in 1946 and is headquartered in Johannesburg, South Africa. Anglo American Platinum Limited is a subsidiary of Anglo American South Africa Investments Proprietary Limited. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/06 20:13
End of Day Share Price2020/06/05 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.