| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 1/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
SSW Stock Overview
Sibanye Stillwater Limited operates as a precious metals mining company in South Africa, the United States, Zimbabwe, Canada, and Argentina.
Sibanye Stillwater Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | R58.83 |
| 52 Week High | R76.65 |
| 52 Week Low | R44.79 |
| Beta | 1.4 |
| 1 Month Change | 20.93% |
| 3 Month Change | 13.59% |
| 1 Year Change | -5.96% |
| 3 Year Change | 461.89% |
| 5 Year Change | 117.45% |
| Change since IPO | 360.23% |
Recent News & Updates
Shareholder Returns
| SSW | ZA Metals and Mining | ZA Market | |
|---|---|---|---|
| 7D | 4.6% | 2.6% | -0.3% |
| 1Y | -6.0% | 3.4% | 13.9% |
Return vs Industry: SSW underperformed the ZA Metals and Mining industry which returned 3.4% over the past year.
Return vs Market: SSW underperformed the ZA Market which returned 13.9% over the past year.
Price Volatility
| SSW volatility | |
|---|---|
| SSW Average Weekly Movement | 5.7% |
| 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: SSW is not significantly more volatile than the rest of ZA stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: SSW's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2013 | 80,000 | Neal Froneman | https://www.sibanyestillwater.com |
Sibanye Stillwater Limited operates as a precious metals mining company in South Africa, the United States, Zimbabwe, Canada, and Argentina. The company produces gold; platinum group metals (PGMs), including palladium, platinum, and rhodium; and by-products, such as iridium, ruthenium, nickel, copper, and chrome. It owns the East Boulder and Stillwater mines located in Montana, the United States; and Columbus metallurgical complex, which smelts the material mined to produce PGM-rich filter cake, as well as conducts PGM recycling activities.
Sibanye Stillwater Fundamentals Summary
| SSW fundamental statistics | |
|---|---|
| Market Cap | R165.22b |
| Earnings (TTM) | R44.76b |
| Revenue (TTM) | R162.33b |
3.7x
P/E Ratio1.0x
P/S RatioIs SSW overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SSW income statement (TTM) | |
|---|---|
| Revenue | R162.33b |
| Cost of Revenue | R93.80b |
| Gross Profit | R68.53b |
| Expenses | R23.77b |
| Earnings | R44.76b |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Feb 17, 2022
| Earnings per share (EPS) | 15.94 |
| Gross Margin | 42.22% |
| Net Profit Margin | 27.58% |
| Debt/Equity Ratio | 20.6% |
How did SSW perform over the long term?
See historical performance and comparisonDividends
10.4%
Current Dividend Yield39%
Payout RatioValuation
Is Sibanye Stillwater undervalued compared to its fair value and its price relative to the market?
25.7%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SSW (ZAR58.83) is trading below our estimate of fair value (ZAR79.17)
Significantly Below Fair Value: SSW is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SSW is good value based on its PE Ratio (3.7x) compared to the ZA Metals and Mining industry average (6x).
PE vs Market: SSW is good value based on its PE Ratio (3.7x) compared to the ZA market (10.9x).
Price to Earnings Growth Ratio
PEG Ratio: SSW's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: SSW is overvalued based on its PB Ratio (2x) compared to the ZA Metals and Mining industry average (1.3x).
Future Growth
How is Sibanye Stillwater forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
-8.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SSW's earnings are forecast to decline over the next 3 years (-8.6% per year).
Earnings vs Market: SSW's earnings are forecast to decline over the next 3 years (-8.6% per year).
High Growth Earnings: SSW's earnings are forecast to decline over the next 3 years.
Revenue vs Market: SSW's revenue is expected to decline over the next 3 years (-4.5% per year).
High Growth Revenue: SSW's revenue is forecast to decline over the next 3 years (-4.5% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SSW's Return on Equity is forecast to be high in 3 years time (26.7%)
Past Performance
How has Sibanye Stillwater performed over the past 5 years?
75.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SSW has a high level of non-cash earnings.
Growing Profit Margin: SSW's current net profit margins (27.6%) are higher than last year (9.3%).
Past Earnings Growth Analysis
Earnings Trend: SSW's earnings have grown significantly by 75.5% per year over the past 5 years.
Accelerating Growth: SSW's earnings growth over the past year (361.4%) exceeds its 5-year average (75.5% per year).
Earnings vs Industry: SSW earnings growth over the past year (361.4%) exceeded the Metals and Mining industry 218.4%.
Return on Equity
High ROE: SSW's Return on Equity (55.4%) is considered outstanding.
Financial Health
How is Sibanye Stillwater's financial position?
Financial Position Analysis
Short Term Liabilities: SSW's short term assets (ZAR63.8B) exceed its short term liabilities (ZAR23.3B).
Long Term Liabilities: SSW's short term assets (ZAR63.8B) exceed its long term liabilities (ZAR39.8B).
Debt to Equity History and Analysis
Debt Level: SSW has more cash than its total debt.
Reducing Debt: SSW's debt to equity ratio has reduced from 49% to 20.6% over the past 5 years.
Debt Coverage: SSW's debt is well covered by operating cash flow (216.5%).
Interest Coverage: SSW's interest payments on its debt are well covered by EBIT (80.7x coverage).
Balance Sheet
Dividend
What is Sibanye Stillwater current dividend yield, its reliability and sustainability?
10.42%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SSW's dividend (10.42%) is higher than the bottom 25% of dividend payers in the ZA market (2.87%).
High Dividend: SSW's dividend (10.42%) is in the top 25% of dividend payers in the ZA market (7.34%)
Stability and Growth of Payments
Stable Dividend: SSW has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SSW's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (39.2%), SSW's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SSW's dividends in 3 years are forecast to be well covered by earnings (49.1% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.8yrs
Average management tenure
CEO
Neal Froneman (61 yo)
9yrs
Tenure
R57,973,000
Compensation
Mr. Neal John Froneman, PR Eng., B.Sc. (Mech Eng.) (Ind. Opt), University of the Witwatersra, BCompt UNISA, has been the Chief Executive Officer of Sibanye-Stillwater Limited (formerly Sibanye Stillwater L...
CEO Compensation Analysis
Compensation vs Market: Neal's total compensation ($USD3.85M) is above average for companies of similar size in the ZA market ($USD2.58M).
Compensation vs Earnings: Neal's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: SSW's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
Experienced Board: SSW's board of directors are considered experienced (8.9 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Sibanye Stillwater Limited's employee growth, exchange listings and data sources
Key Information
- Name: Sibanye Stillwater Limited
- Ticker: SSW
- Exchange: JSE
- Founded: 2013
- Industry: Precious Metals and Minerals
- Sector: Materials
- Implied Market Cap: R165.219b
- Shares outstanding: 2.81b
- Website: https://www.sibanyestillwater.com
Number of Employees
Location
- Sibanye Stillwater Limited
- Bridgeview House, Building 11
- Ground Floor (Lakeview Avenue)
- Weltevredenpark
- Gauteng
- 1709
- South Africa
Listings
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 |
| 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.