Gold Fields
Market Cap
R106.0b
Last Updated
2020/06/06 20:19 UTC
Data Sources
Company Financials +
Executive Summary
Gold Fields Limited operates as a gold producer with reserves and resources in Chile, South Africa, Ghana, Australia, and Peru.
Rewards
Risk Analysis
Snowflake Analysis
Reasonable growth potential with acceptable track record.
Similar Companies
Share Price & News
How has Gold Fields's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GFI's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-12.5%
GFI
0.5%
ZA Metals and Mining
6.1%
ZA Market
1 Year Return
58.4%
GFI
45.9%
ZA Metals and Mining
-20.8%
ZA Market
Return vs Industry: GFI exceeded the ZA Metals and Mining industry which returned 45.9% over the past year.
Return vs Market: GFI exceeded the ZA Market which returned -20.8% over the past year.
Shareholder returns
| GFI | Industry | Market | |
|---|---|---|---|
| 7 Day | -12.5% | 0.5% | 6.1% |
| 30 Day | -17.5% | 5.7% | 6.9% |
| 90 Day | 7.9% | 15.1% | -3.0% |
| 1 Year | 61.0%58.4% | 53.7%45.9% | -9.3%-20.8% |
| 3 Year | 161.2%150.2% | 193.6%168.9% | 8.2%-12.5% |
| 5 Year | 229.7%207.8% | 205.2%163.7% | 15.2%-13.9% |
Price Volatility Vs. Market
How volatile is Gold Fields's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall St
Is There More To Gold Fields Limited (JSE:GFI) Than Its 13% Returns On Capital?3 weeks ago | Simply Wall St
Could The Gold Fields Limited (JSE:GFI) Ownership Structure Tell Us Something Useful?1 month ago | Simply Wall St
If You Had Bought Gold Fields (JSE:GFI) Stock Three Years Ago, You Could Pocket A 266% Gain TodayValuation
Is Gold Fields undervalued compared to its fair value and its price relative to the market?
36.51x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: GFI (ZAR120) is trading above our estimate of fair value (ZAR100.91)
Significantly Below Fair Value: GFI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: GFI is poor value based on its PE Ratio (36.5x) compared to the Metals and Mining industry average (17.4x).
PE vs Market: GFI is poor value based on its PE Ratio (36.5x) compared to the ZA market (8.4x).
Price to Earnings Growth Ratio
PEG Ratio: GFI is good value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: GFI is overvalued based on its PB Ratio (2.1x) compared to the ZA Metals and Mining industry average (1x).
Next Steps
Future Growth
How is Gold Fields forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
37.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GFI's forecast earnings growth (37.6% per year) is above the savings rate (9.5%).
Earnings vs Market: GFI's earnings (37.6% 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: GFI's revenue (11.2% per year) is forecast to grow faster than the ZA market (8.3% per year).
High Growth Revenue: GFI's revenue (11.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GFI's Return on Equity is forecast to be low in 3 years time (17.2%).
Next Steps
Past Performance
How has Gold Fields performed over the past 5 years?
-4.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GFI has high quality earnings.
Growing Profit Margin: GFI became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: GFI has become profitable over the past 5 years, growing earnings by -4.7% per year.
Accelerating Growth: GFI has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: GFI has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (6.4%).
Return on Equity
High ROE: GFI's Return on Equity (6%) is considered low.
Next Steps
Financial Health
How is Gold Fields's financial position?
Financial Position Analysis
Short Term Liabilities: GFI's short term assets ($1.1B) do not cover its short term liabilities ($1.4B).
Long Term Liabilities: GFI's short term assets ($1.1B) do not cover its long term liabilities ($2.3B).
Debt to Equity History and Analysis
Debt Level: GFI's debt to equity ratio (63.5%) is considered high.
Reducing Debt: GFI's debt to equity ratio has increased from 52.2% to 63.5% over the past 5 years.
Debt Coverage: GFI's debt is well covered by operating cash flow (48.2%).
Interest Coverage: GFI's interest payments on its debt are well covered by EBIT (8.4x coverage).
Balance Sheet
Next Steps
Dividend
What is Gold Fields's current dividend yield, its reliability and sustainability?
1.48%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GFI's dividend (1.48%) isn’t notable compared to the bottom 25% of dividend payers in the ZA market (4.19%).
High Dividend: GFI's dividend (1.48%) is low compared to the top 25% of dividend payers in the ZA market (11.59%).
Stability and Growth of Payments
Stable Dividend: GFI is not paying a notable dividend for the ZA market, therefore no need to check if payments are stable.
Growing Dividend: GFI is not paying a notable dividend for the ZA market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: GFI is not paying a notable dividend for the ZA market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GFI's dividend in 3 years as they are not forecast to pay a notable one for the ZA market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.6yrs
Average management tenure
CEO
Nick Holland (61yo)
12.08yrs
Tenure
US$6,575,500
Compensation
Mr. Nicholas John Holland, also known as Nick, has been the Chief Executive Officer of Gold Fields Limited since May 1, 2008. Mr. Holland has been an Executive Director of Gold Fields Limited since April 1 ...
CEO Compensation Analysis
Compensation vs Market: Nick's total compensation ($USD6.58M) is above average for companies of similar size in the ZA market ($USD2.23M).
Compensation vs Earnings: Nick's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 12.08yrs | US$6.58m | 0.12% $128.2m | |
| Financial Director | 11.42yrs | US$3.29m | no data | |
| Executive Vice President of Technical | 4.33yrs | US$1.79m | 0.0014% $1.5m | |
| Executive Vice President of Investor Relations & Corporate Affairs | 5.42yrs | US$1.06m | 0.0056% $6.0m | |
| Executive VP | 6.08yrs | US$1.78m | 0.0038% $4.0m | |
| Executive Vice President of Strategy | 7.08yrs | US$2.19m | 0.0061% $6.5m | |
| Executive VP & Head of West Africa | 7.25yrs | US$4.47m | no data | |
| Executive Vice President of Sustainable Development | 9.75yrs | US$1.52m | 0.00066% $699.6k | |
| Executive Vice President of South Africa | 3.08yrs | US$991.40k | 0.017% $17.7m | |
| Executive Vice President of Australasia Region | 3.33yrs | US$2.13m | no data |
6.6yrs
Average Tenure
53.5yo
Average Age
Experienced Management: GFI's management team is seasoned and experienced (6.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 12.08yrs | US$6.58m | 0.12% $128.2m | |
| Financial Director | 11.42yrs | US$3.29m | no data | |
| Independent Non-Executive Director | 3.92yrs | US$106.64k | no data | |
| Deputy Chairperson & Lead Independent Director | 4.83yrs | US$140.46k | 0.00066% $699.6k | |
| Independent Non-Executive Director | 4.33yrs | US$142.23k | no data | |
| Independent Non-Executive Chairperson | 7.33yrs | US$215.77k | 0.00035% $371.0k | |
| Independent Non-Executive Director | 3.75yrs | US$152.20k | no data | |
| Independent Non-Executive Director | 3.83yrs | US$125.31k | no data | |
| Independent Non-Executive Director | 3.75yrs | US$136.48k | no data | |
| Independent Non-Executive Director | 3.08yrs | US$130.89k | no data |
4.1yrs
Average Tenure
60yo
Average Age
Experienced Board: GFI's board of directors are considered experienced (4.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: GFI insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.6%.
Top Shareholders
Company Information
Gold Fields Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Gold Fields Limited
- Ticker: GFI
- Exchange: JSE
- Founded: 1887
- Industry: Gold
- Sector: Materials
- Market Cap: R106.000b
- Shares outstanding: 883.33m
- Website: https://www.goldfields.com
Number of Employees
Location
- Gold Fields Limited
- 150 Helen Road
- Sandown
- Sandton
- Gauteng
- 2196
- South Africa
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| GFIO.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jan 1975 |
| 0QQ8 | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | CHF | Jan 1975 |
| EDGA | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jan 1975 |
| GFI | JSE (The Johannesburg Securities Exchange) | Yes | Ordinary Shares | ZA | ZAR | Jan 1975 |
| GFI | NYSE (New York Stock Exchange) | SPONSORED ADR | US | USD | May 1999 | |
| EDG | DB (Deutsche Boerse AG) | SPONSORED ADR | DE | EUR | May 1999 |
Biography
Gold Fields Limited operates as a gold producer with reserves and resources in Chile, South Africa, Ghana, Australia, and Peru. It holds interests in nine operating mines with an annual gold-equivalent production of approximately 2.2 million ounces, as well as gold mineral reserves of approximately 51.3 million ounces and mineral resources of approximately 115.7 million ounces. The company also holds copper mineral reserves totaling 616 million pounds and mineral resources totaling 882 million pounds. Gold Fields Limited was founded in 1887 and is based in Sandton, South Africa.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/06/06 20:19 |
| End of Day Share Price | 2020/06/05 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.