Gemfields Group
Market Cap
R2.0b
Last Updated
2021/01/22 17:03 UTC
Data Sources
Company Financials +
Executive Summary
Gemfields Group Limited, together with its subsidiaries, operates as a mining company. More Details
Rewards
Risk Analysis
Currently unprofitable and not forecast to become profitable over the next 3 years
Snowflake Analysis
Excellent balance sheet with limited growth.
Share Price & News
How has Gemfields Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GML is more volatile than 75% of ZA stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: GML's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of ZA stocks.
Market Performance
7 Day Return
15.7%
GML
2.4%
ZA Metals and Mining
1.6%
ZA Market
1 Year Return
-16.9%
GML
48.2%
ZA Metals and Mining
2.0%
ZA Market
Return vs Industry: GML underperformed the ZA Metals and Mining industry which returned 47.7% over the past year.
Return vs Market: GML underperformed the ZA Market which returned 3.1% over the past year.
Shareholder returns
| GML | Industry | Market | |
|---|---|---|---|
| 7 Day | 15.7% | 2.4% | 1.6% |
| 30 Day | 13.3% | 10.7% | 6.6% |
| 90 Day | 28.6% | 12.0% | 11.8% |
| 1 Year | -16.9%-16.9% | 53.7%48.2% | 7.5%2.0% |
| 3 Year | -49.4%-49.4% | 245.8%208.7% | 1.8%-18.7% |
| 5 Year | -49.4%-49.4% | 375.0%300.6% | 43.0%7.0% |
Long-Term Price Volatility Vs. Market
How volatile is Gemfields Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
11 months ago | Simply Wall St
Do Insiders Own Shares In Gemfields Group Limited (JSE:GML)?1 year ago | Simply Wall St
Is Gemfields Group (JSE:GML) Using Too Much Debt?1 year ago | Simply Wall St
Calculating The Fair Value Of Gemfields Group Limited (JSE:GML)Valuation
Is Gemfields Group undervalued compared to its fair value and its price relative to the market?
0.29x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate GML's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate GML's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: GML is unprofitable, so we can't compare its PE Ratio to the ZA Metals and Mining industry average.
PE vs Market: GML is unprofitable, so we can't compare its PE Ratio to the ZA market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GML's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GML is good value based on its PB Ratio (0.3x) compared to the ZA Metals and Mining industry average (1.2x).
Next Steps
Future Growth
How is Gemfields Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
74.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GML is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: GML is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: GML is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: GML's revenue (40.4% per year) is forecast to grow faster than the ZA market (10.7% per year).
High Growth Revenue: GML's revenue (40.4% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if GML's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Gemfields Group performed over the past 5 years?
33.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GML is currently unprofitable.
Growing Profit Margin: GML is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GML is unprofitable, but has reduced losses over the past 5 years at a rate of 33.3% per year.
Accelerating Growth: Unable to compare GML's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GML is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (136.9%).
Return on Equity
High ROE: GML has a negative Return on Equity (-5.83%), as it is currently unprofitable.
Next Steps
Financial Health
How is Gemfields Group's financial position?
Financial Position Analysis
Short Term Liabilities: GML's short term assets ($203.9M) exceed its short term liabilities ($43.4M).
Long Term Liabilities: GML's short term assets ($203.9M) exceed its long term liabilities ($123.7M).
Debt to Equity History and Analysis
Debt Level: GML's debt to equity ratio (8.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if GML's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: GML has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: GML has sufficient cash runway for 2.6 years if free cash flow continues to grow at historical rates of 5.5% each year.
Next Steps
Dividend
What is Gemfields Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GML's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GML's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if GML's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GML's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GML'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?
2.8yrs
Average management tenure
CEO
Sean Gilbertson (48 yo)
2.83yrs
Tenure
US$776,000
Compensation
Mr. Sean Gilbertson, BSc (Mining Engineering) has been Chief Executive Officer of Gemfields Plc since August 4, 2017. Mr. Gilbertson has been Chief Executive Officer of Gemfields Group Limited (Former Name...
CEO Compensation Analysis
Compensation vs Market: Sean's total compensation ($USD776.00K) is above average for companies of similar size in the ZA market ($USD313.68K).
Compensation vs Earnings: Sean's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 2.83yrs | US$776.00k | 1.32% $ 26.9m | |
| CFO & Executive Director | 2.83yrs | US$455.00k | 0.0036% $ 73.4k | |
| Chief Information Officer | 2.08yrs | no data | no data | |
| Group General Counsel & Company Secretary | no data | no data | no data |
2.8yrs
Average Tenure
Experienced Management: GML's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 2.83yrs | US$776.00k | 1.32% $ 26.9m | |
| CFO & Executive Director | 2.83yrs | US$455.00k | 0.0036% $ 73.4k | |
| Non-Executive Director | 7.92yrs | US$40.00k | 0.0020% $ 40.9k | |
| Independent Chairman | 1.17yrs | US$62.00k | no data | |
| Independent Non-Executive Director | 3.5yrs | US$53.00k | 0.71% $ 14.6m | |
| Lead Independent Non-Executive Director | 3.33yrs | US$60.00k | no data | |
| Independent Non-Executive Director | 0.083yr | no data | no data | |
| Independent Non-Executive Director | 2yrs | US$44.00k | no data |
3.1yrs
Average Tenure
52.5yo
Average Age
Experienced Board: GML's board of directors are considered experienced (3.1 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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Gemfields Group Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Gemfields Group Limited
- Ticker: GML
- Exchange: JSE
- Founded: 2007
- Industry: Precious Metals and Minerals
- Sector: Materials
- Market Cap: R2.045b
- Shares outstanding: 1.17b
- Website: https://www.gemfieldsgroup.com
Number of Employees
Location
- Gemfields Group Limited
- Royal Chambers
- St. Julian’s Avenue
- Saint Peter Port
- GY1 4HP
- Guernsey
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| GML | JSE (The Johannesburg Securities Exchange) | Yes | Ordinary Shares | ZA | ZAR | Aug 2008 |
| PLLH.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Aug 2008 |
| GEM | AIM (London Stock Exchange AIM Market) | Yes | Ordinary Shares | GB | GBP | Aug 2008 |
| 5PH | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Aug 2008 |
Biography
Gemfields Group Limited, together with its subsidiaries, operates as a mining company. It operates through seven segments: Zambia, Mozambique, Platinum Group Metals (PGMs), Steel Making Materials, Corporat...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/22 17:03 |
| End of Day Share Price | 2021/01/22 00:00 |
| Earnings | 2020/06/30 |
| 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.