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AMS

Anglo American PlatinumJSE:AMS Stock Report

Market Cap

R348.9b

7D

1.6%

1Y

11.4%

Updated

27 Sep, 2021

Data

Company Financials +
AMS fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance6/6
Financial Health6/6
Dividends5/6

AMS Overview

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

Anglo American Platinum Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Anglo American Platinum
Historical stock prices
Current Share PriceR1,330.73
52 Week HighR1,051.00
52 Week LowR2,256.08
Beta0.96
1 Month Change-20.02%
3 Month Change-18.56%
1 Year Change11.38%
3 Year Change187.61%
5 Year Change252.09%
Change since IPO2,174.75%

Recent News & Updates

Shareholder Returns

AMSZA Metals and MiningZA Market
7D1.6%0.3%4.0%
1Y11.4%-8.0%20.3%

Return vs Industry: AMS exceeded the ZA Metals and Mining industry which returned -4.7% over the past year.

Return vs Market: AMS underperformed the ZA Market which returned 23.5% over the past year.

Price Volatility

Is AMS's price volatile compared to industry and market?
AMS volatility
AMS Beta0.96
Industry Beta1.08
Market Beta1

Stable Share Price: AMS is not significantly more volatile than the rest of ZA stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: AMS's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
194622,839Natascha Viljoenhttps://www.angloamericanplatinum.com

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, chrome, and gold. The company was formerly known as Anglo Platinum Ltd.

Anglo American Platinum Fundamentals Summary

How do Anglo American Platinum's earnings and revenue compare to its market cap?
AMS fundamental statistics
Market CapR348.91b
Earnings (TTM)R70.03b
Revenue (TTM)R203.16b

5.0x

P/E Ratio

1.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AMS income statement (TTM)
RevenueR203.16b
Cost of RevenueR114.94b
Gross ProfitR88.22b
ExpensesR18.20b
EarningsR70.03b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)267.08
Gross Margin43.43%
Net Profit Margin34.47%
Debt/Equity Ratio3.5%

How did AMS perform over the long term?

See historical performance and comparison

Dividends

7.9%

Current Dividend Yield

40%

Payout Ratio

Valuation

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

46.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: AMS (ZAR1330.73) is trading below our estimate of fair value (ZAR2465.17)

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


Price To Earnings Ratio

PE vs Industry: AMS is good value based on its PE Ratio (5x) compared to the ZA Metals and Mining industry average (5.1x).

PE vs Market: AMS is good value based on its PE Ratio (5x) compared to the ZA market (11.5x).


Price to Earnings Growth Ratio

PEG Ratio: AMS's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: AMS is overvalued based on its PB Ratio (3x) compared to the ZA Metals and Mining industry average (1.1x).


Future Growth

How is Anglo American Platinum forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

-14.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AMS's earnings are forecast to decline over the next 3 years (-14.2% per year).

Earnings vs Market: AMS's earnings are forecast to decline over the next 3 years (-14.2% per year).

High Growth Earnings: AMS's earnings are forecast to decline over the next 3 years.

Revenue vs Market: AMS's revenue is expected to decline over the next 3 years (-9.2% per year).

High Growth Revenue: AMS's revenue is forecast to decline over the next 3 years (-9.2% 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 (50.2%).


Past Performance

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

72.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AMS has high quality earnings.

Growing Profit Margin: AMS's current net profit margins (34.5%) are higher than last year (18.1%).


Past Earnings Growth Analysis

Earnings Trend: AMS has become profitable over the past 5 years, growing earnings by 72.6% per year.

Accelerating Growth: AMS's earnings growth over the past year (291.9%) exceeds its 5-year average (72.6% per year).

Earnings vs Industry: AMS earnings growth over the past year (291.9%) exceeded the Metals and Mining industry 192.9%.


Return on Equity

High ROE: AMS's Return on Equity (60.8%) is considered outstanding.


Financial Health

How is Anglo American Platinum's financial position?


Financial Position Analysis

Short Term Liabilities: AMS's short term assets (ZAR129.6B) exceed its short term liabilities (ZAR67.0B).

Long Term Liabilities: AMS's short term assets (ZAR129.6B) exceed its long term liabilities (ZAR19.5B).


Debt to Equity History and Analysis

Debt Level: AMS's debt to equity ratio (3.5%) is considered satisfactory.

Reducing Debt: AMS's debt to equity ratio has reduced from 37% to 3.5% over the past 5 years.

Debt Coverage: AMS's debt is well covered by operating cash flow (1800.1%).

Interest Coverage: AMS earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

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

7.92%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: AMS's dividend (7.92%) is higher than the bottom 25% of dividend payers in the ZA market (3.12%).

High Dividend: AMS's dividend (7.92%) is in the top 25% of dividend payers in the ZA market (7.91%)


Stability and Growth of Payments

Stable Dividend: AMS's dividend payments have been volatile in the past 10 years.

Growing Dividend: AMS's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (39.5%), 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 covered by earnings (79.8% payout ratio).


Next Steps

Management

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

1.4yrs

Average management tenure


CEO

Natascha Viljoen (51 yo)

1.42yrs

Tenure

R20,434,425

Compensation

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...


CEO Compensation Analysis

Compensation vs Market: Natascha's total compensation ($USD1.37M) is below average for companies of similar size in the ZA market ($USD2.51M).

Compensation vs Earnings: Insufficient data to compare Natascha's compensation with company performance.


Leadership Team

Experienced Management: AMS's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

Experienced Board: AMS's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.


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 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: R348.912b
  • Shares outstanding: 262.20m
  • Website: https://www.angloamericanplatinum.com

Number of Employees


Location

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

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/27 21:16
End of Day Share Price2021/09/27 00:00
Earnings2021/06/30
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.