| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 6/6 |
| Financial Health | 5/6 |
| Dividends | 4/6 |
GFI Overview
Gold Fields Limited operates as a gold producer with reserves and resources in Chile, South Africa, Ghana, West Africa, Australia, and Peru.
Gold Fields Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | R148.44 |
| 52 Week High | R117.26 |
| 52 Week Low | R202.99 |
| Beta | 0.63 |
| 1 Month Change | 18.94% |
| 3 Month Change | 10.04% |
| 1 Year Change | -19.28% |
| 3 Year Change | 255.63% |
| 5 Year Change | 165.59% |
| Change since IPO | 165.07% |
Recent News & Updates
Returns On Capital Are A Standout For Gold Fields (JSE:GFI)
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Gold Fields (JSE:GFI) Is Increasing Its Dividend To R2.10
Gold Fields Limited ( JSE:GFI ) has announced that it will be increasing its dividend on the 13th of September to...
Should You Be Adding Gold Fields (JSE:GFI) To Your Watchlist Today?
Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
Gold Fields (JSE:GFI) Seems To Use Debt Quite Sensibly
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Shareholder Returns
| GFI | ZA Metals and Mining | ZA Market | |
|---|---|---|---|
| 7D | 8.2% | -3.8% | -0.7% |
| 1Y | -19.3% | -2.0% | 19.0% |
Return vs Industry: GFI underperformed the ZA Metals and Mining industry which returned -2% over the past year.
Return vs Market: GFI underperformed the ZA Market which returned 19% over the past year.
Price Volatility
| GFI volatility | |
|---|---|
| GFI Beta | 0.63 |
| Industry Beta | 1.16 |
| Market Beta | 1 |
Stable Share Price: GFI is not significantly more volatile than the rest of ZA stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: GFI's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1887 | 5,818 | Chris Griffith | https://www.goldfields.com |
Gold Fields Limited operates as a gold producer with reserves and resources in Chile, South Africa, Ghana, West Africa, Australia, and Peru. The company also explores for copper deposits. It holds interests in 9 operating mines with an annual gold-equivalent production of approximately 2.24 million ounces, as well as gold mineral reserves of approximately 52.1 million ounces and mineral resources of approximately 116.0 million ounces.
Gold Fields Fundamentals Summary
| GFI fundamental statistics | |
|---|---|
| Market Cap | US$8.91b |
| Earnings (TTM) | US$954.90m |
| Revenue (TTM) | US$4.12b |
9.3x
P/E Ratio2.2x
P/S RatioIs GFI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GFI income statement (TTM) | |
|---|---|
| Revenue | US$4.12b |
| Cost of Revenue | US$2.33b |
| Gross Profit | US$1.80b |
| Expenses | US$840.60m |
| Earnings | US$954.90m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.08 |
| Gross Margin | 43.57% |
| Net Profit Margin | 23.17% |
| Debt/Equity Ratio | 33.6% |
How did GFI perform over the long term?
See historical performance and comparisonDividends
3.4%
Current Dividend Yield35%
Payout RatioValuation
Is Gold Fields undervalued compared to its fair value and its price relative to the market?
9.33x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: GFI (ZAR148.44) is trading above our estimate of fair value (ZAR98.57)
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 (9.3x) compared to the ZA Metals and Mining industry average (5.7x).
PE vs Market: GFI is good value based on its PE Ratio (9.3x) compared to the ZA market (11.1x).
Price to Earnings Growth Ratio
PEG Ratio: GFI's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: GFI is overvalued based on its PB Ratio (2.3x) compared to the ZA Metals and Mining industry average (1.2x).
Future Growth
How is Gold Fields forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
-2.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GFI's earnings are forecast to decline over the next 3 years (-2.8% per year).
Earnings vs Market: GFI's earnings are forecast to decline over the next 3 years (-2.8% per year).
High Growth Earnings: GFI's earnings are forecast to decline over the next 3 years.
Revenue vs Market: GFI's revenue (3.9% per year) is forecast to grow slower than the ZA market (6.4% per year).
High Growth Revenue: GFI's revenue (3.9% 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 (14.7%).
Past Performance
How has Gold Fields performed over the past 5 years?
56.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GFI has high quality earnings.
Growing Profit Margin: GFI's current net profit margins (23.2%) are higher than last year (7.4%).
Past Earnings Growth Analysis
Earnings Trend: GFI has become profitable over the past 5 years, growing earnings by 56.2% per year.
Accelerating Growth: GFI's earnings growth over the past year (287.2%) exceeds its 5-year average (56.2% per year).
Earnings vs Industry: GFI earnings growth over the past year (287.2%) exceeded the Metals and Mining industry 252.8%.
Return on Equity
High ROE: GFI's Return on Equity (24.4%) is considered high.
Financial Health
How is Gold Fields's financial position?
Financial Position Analysis
Short Term Liabilities: GFI's short term assets ($1.6B) exceed its short term liabilities ($777.0M).
Long Term Liabilities: GFI's short term assets ($1.6B) do not cover its long term liabilities ($2.6B).
Debt to Equity History and Analysis
Debt Level: GFI's debt to equity ratio (33.6%) is considered satisfactory.
Reducing Debt: GFI's debt to equity ratio has reduced from 54.5% to 33.6% over the past 5 years.
Debt Coverage: GFI's debt is well covered by operating cash flow (100.1%).
Interest Coverage: GFI's interest payments on its debt are well covered by EBIT (16.9x coverage).
Balance Sheet
Dividend
What is Gold Fields's current dividend yield, its reliability and sustainability?
3.45%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GFI's dividend (3.45%) is higher than the bottom 25% of dividend payers in the ZA market (3.14%).
High Dividend: GFI's dividend (3.45%) is low compared to the top 25% of dividend payers in the ZA market (7.7%).
Stability and Growth of Payments
Stable Dividend: GFI's dividend payments have been volatile in the past 10 years.
Growing Dividend: GFI's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (35.5%), GFI's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: GFI's dividends in 3 years are forecast to be well covered by earnings (25.5% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.3yrs
Average management tenure
CEO
Chris Griffith (56 yo)
0.50
Tenure
Mr. Christopher Ivan Griffith, also known as Chris, B.Eng.(Mining) (Hons), Pr Eng., serves as Chief Executive Officer and Executive Director of Gold Fields Limited since April 01, 2021. He served as Chief...
Leadership Team
Experienced Management: GFI's management team is seasoned and experienced (5.3 years average tenure).
Board Members
Experienced Board: GFI's board of directors are considered experienced (5.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: GFI insiders have only sold shares 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
Gold Fields Limited's 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: R131.773b
- Shares outstanding: 887.72m
- Website: https://www.goldfields.com
Number of Employees
Location
- Gold Fields Limited
- 150 Helen Road
- Sandown
- Sandton
- Gauteng
- 2196
- South Africa
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/22 20:55 |
| End of Day Share Price | 2021/10/22 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.