IMP Stock Overview
Impala Platinum Holdings Limited engages in mining, processing, refining, and marketing platinum group metals (PGMs).
Impala Platinum Holdings Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||R229.80|
|52 Week High||R300.50|
|52 Week Low||R160.53|
|1 Month Change||5.98%|
|3 Month Change||8.26%|
|1 Year Change||5.95%|
|3 Year Change||512.80%|
|5 Year Change||335.23%|
|Change since IPO||4,277.15%|
Recent News & Updates
|IMP||ZA Metals and Mining||ZA Market|
Return vs Industry: IMP exceeded the ZA Metals and Mining industry which returned 3.4% over the past year.
Return vs Market: IMP underperformed the ZA Market which returned 13.9% over the past year.
|IMP Average Weekly Movement||7.1%|
|Metals and Mining Industry Average Movement||7.0%|
|Market Average Movement||5.7%|
|10% most volatile stocks in ZA Market||12.1%|
|10% least volatile stocks in ZA Market||3.3%|
Stable Share Price: IMP is not significantly more volatile than the rest of ZA stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: IMP's weekly volatility (7%) has been stable over the past year.
About the Company
Impala Platinum Holdings Limited engages in mining, processing, refining, and marketing platinum group metals (PGMs). The company produces platinum, palladium, rhodium, cobalt, and nickel, as well as chrome. It has operations on the PGM-bearing ore bodies, including the Bushveld Complex located in South Africa; and the Great Dyke situated in Zimbabwe.
Impala Platinum Holdings Fundamentals Summary
|IMP fundamental statistics|
Is IMP overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|IMP income statement (TTM)|
|Cost of Revenue||R76.12b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Mar 01, 2022
|Earnings per share (EPS)||55.68|
|Net Profit Margin||36.30%|
How did IMP perform over the long term?See historical performance and comparison
10.4%Current Dividend Yield
Is Impala Platinum Holdings undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: IMP (ZAR229.8) is trading below our estimate of fair value (ZAR283.64)
Significantly Below Fair Value: IMP is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: IMP is good value based on its PE Ratio (4.1x) compared to the ZA Metals and Mining industry average (6x).
PE vs Market: IMP is good value based on its PE Ratio (4.1x) compared to the ZA market (10.9x).
Price to Earnings Growth Ratio
PEG Ratio: IMP's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: IMP is overvalued based on its PB Ratio (2.2x) compared to the ZA Metals and Mining industry average (1.3x).
How is Impala Platinum Holdings forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IMP's earnings are forecast to decline over the next 3 years (-15.4% per year).
Earnings vs Market: IMP's earnings are forecast to decline over the next 3 years (-15.4% per year).
High Growth Earnings: IMP's earnings are forecast to decline over the next 3 years.
Revenue vs Market: IMP's revenue is expected to decline over the next 3 years (-1.7% per year).
High Growth Revenue: IMP's revenue is forecast to decline over the next 3 years (-1.7% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: IMP's Return on Equity is forecast to be high in 3 years time (21.2%)
How has Impala Platinum Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IMP has high quality earnings.
Growing Profit Margin: IMP's current net profit margins (36.3%) are higher than last year (23%).
Past Earnings Growth Analysis
Earnings Trend: IMP has become profitable over the past 5 years, growing earnings by 73.3% per year.
Accelerating Growth: IMP's earnings growth over the past year (192.9%) exceeds its 5-year average (73.3% per year).
Earnings vs Industry: IMP earnings growth over the past year (192.9%) underperformed the Metals and Mining industry 218.4%.
Return on Equity
High ROE: IMP's Return on Equity (52.8%) is considered outstanding.
How is Impala Platinum Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: IMP's short term assets (ZAR56.7B) exceed its short term liabilities (ZAR17.8B).
Long Term Liabilities: IMP's short term assets (ZAR56.7B) exceed its long term liabilities (ZAR18.0B).
Debt to Equity History and Analysis
Debt Level: IMP has more cash than its total debt.
Reducing Debt: IMP's debt to equity ratio has reduced from 13.5% to 0% over the past 5 years.
Debt Coverage: IMP's debt is well covered by operating cash flow (4183400%).
Interest Coverage: IMP earns more interest than it pays, so coverage of interest payments is not a concern.
What is Impala Platinum Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: IMP's dividend (10.44%) is higher than the bottom 25% of dividend payers in the ZA market (2.87%).
High Dividend: IMP's dividend (10.44%) is in the top 25% of dividend payers in the ZA market (7.34%)
Stability and Growth of Payments
Stable Dividend: IMP's dividend payments have been volatile in the past 10 years.
Growing Dividend: IMP's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (36.7%), IMP's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: IMP's dividends in 3 years are forecast to be covered by earnings (80.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Nico Muller (55 yo)
Mr. Nicolaas Johannes Muller, also known as Nico, B.Sc., Mining Eng., has been the Chief Executive Officer and Executive Director of Impala Platinum Holdings Limited since April 3, 2017. Mr. Muller has a m...
CEO Compensation Analysis
Compensation vs Market: Nico's total compensation ($USD5.79M) is above average for companies of similar size in the ZA market ($USD2.58M).
Compensation vs Earnings: Nico's compensation has increased by more than 20% in the past year.
Experienced Management: IMP's management team is considered experienced (3.7 years average tenure).
Experienced Board: IMP's board of directors are considered experienced (4.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: IMP insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 9.6%.
Impala Platinum Holdings Limited's employee growth, exchange listings and data sources
- Name: Impala Platinum Holdings Limited
- Ticker: IMP
- Exchange: JSE
- Founded: NaN
- Industry: Precious Metals and Minerals
- Sector: Materials
- Implied Market Cap: R194.092b
- Shares outstanding: 844.61m
- Website: https://www.implats.co.za
Number of Employees
- Impala Platinum Holdings Limited
- 2 Fricker Road
- South Africa
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/23 17:01|
|End of Day Share Price||2022/01/21 00:00|
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.