JSE:SSW

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Executive Summary

Sibanye Stillwater Limited operates as a precious metals mining company in South Africa, the United States, Zimbabwe, Canada, and Argentina. More Details


Snowflake Analysis

Proven track record with moderate growth potential.


Similar Companies

Share Price & News

How has Sibanye Stillwater's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SSW is not significantly more volatile than the rest of ZA stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: SSW's weekly volatility (8%) has been stable over the past year.


Market Performance


7 Day Return

0.06%

SSW

0.005%

ZA Metals and Mining

1.0%

ZA Market


1 Year Return

51.1%

SSW

30.6%

ZA Metals and Mining

-1.9%

ZA Market

Return vs Industry: SSW exceeded the ZA Metals and Mining industry which returned 32.6% over the past year.

Return vs Market: SSW exceeded the ZA Market which returned -2.1% over the past year.


Shareholder returns

SSWIndustryMarket
7 Day0.06%0.005%1.0%
30 Day2.8%5.6%3.8%
90 Day25.1%4.1%11.8%
1 Year52.5%51.1%35.5%30.6%3.3%-1.9%
3 Year329.0%325.0%239.0%202.5%2.9%-17.9%
5 Year200.2%86.8%406.8%324.8%52.2%9.2%

Long-Term Price Volatility Vs. Market

How volatile is Sibanye Stillwater's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Sibanye Stillwater undervalued compared to its fair value and its price relative to the market?

14.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SSW (ZAR62.11) is trading below our estimate of fair value (ZAR72.22)

Significantly Below Fair Value: SSW is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: SSW is poor value based on its PE Ratio (17.1x) compared to the ZA Metals and Mining industry average (15.6x).

PE vs Market: SSW is poor value based on its PE Ratio (17.1x) compared to the ZA market (13.2x).


Price to Earnings Growth Ratio

PEG Ratio: SSW is good value based on its PEG Ratio (0.7x)


Price to Book Ratio

PB vs Industry: SSW is overvalued based on its PB Ratio (3.7x) compared to the ZA Metals and Mining industry average (1.2x).


Next Steps

Future Growth

How is Sibanye Stillwater forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

22.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SSW's forecast earnings growth (22.9% per year) is above the savings rate (9.3%).

Earnings vs Market: SSW's earnings (22.9% per year) are forecast to grow slower than the ZA market (29.3% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: SSW's revenue (9.2% per year) is forecast to grow slower than the ZA market (10.5% per year).

High Growth Revenue: SSW's revenue (9.2% per year) is forecast to grow slower than 20% 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 (38.5%)


Next Steps

Past Performance

How has Sibanye Stillwater performed over the past 5 years?

6.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SSW has high quality earnings.

Growing Profit Margin: SSW became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: SSW's earnings have grown by 6.7% per year over the past 5 years.

Accelerating Growth: SSW has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: SSW has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (136.9%).


Return on Equity

High ROE: SSW's Return on Equity (22.5%) is considered high.


Next Steps

Financial Health

How is Sibanye Stillwater's financial position?


Financial Position Analysis

Short Term Liabilities: SSW's short term assets (ZAR33.7B) exceed its short term liabilities (ZAR17.2B).

Long Term Liabilities: SSW's short term assets (ZAR33.7B) do not cover its long term liabilities (ZAR57.0B).


Debt to Equity History and Analysis

Debt Level: SSW's debt to equity ratio (57.3%) is considered high.

Reducing Debt: SSW's debt to equity ratio has increased from 25.5% to 57.3% over the past 5 years.

Debt Coverage: SSW's debt is well covered by operating cash flow (86.5%).

Interest Coverage: SSW's interest payments on its debt are well covered by EBIT (10.4x coverage).


Balance Sheet


Next Steps

Dividend

What is Sibanye Stillwater current dividend yield, its reliability and sustainability?

1.61%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SSW's dividend (1.61%) isn’t notable compared to the bottom 25% of dividend payers in the ZA market (3.07%).

High Dividend: SSW's dividend (1.61%) is low compared to the top 25% of dividend payers in the ZA market (8.85%).


Stability and Growth of Payments

Stable Dividend: SSW is not paying a notable dividend for the ZA market, therefore no need to check if payments are stable.

Growing Dividend: SSW 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: SSW is not paying a notable dividend for the ZA market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SSW'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?

1.8yrs

Average management tenure


CEO

Neal Froneman (60 yo)

8yrs

Tenure

R31,917,000

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 Gold Limited...


CEO Compensation Analysis

Compensation vs Market: Neal's total compensation ($USD2.10M) is below average for companies of similar size in the ZA market ($USD3.01M).

Compensation vs Earnings: Neal's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Neal Froneman
CEO & Executive Director8yrsR31.92m0.11%
ZAR 203.9m
Charl Keyter
CFO & Executive Director8.17yrsR16.02m0.048%
ZAR 88.6m
Richard Stewart
Group Chief Operating Officer0.083yrR9.43mno data
Robert van Niekerk
Executive Vice President of Group Technical Services0.75yrR13.55m0.0051%
ZAR 9.4m
Shadwick Bessit
Executive Vice President of SA Gold Operationsno dataR10.60mno data
Dawid Mostert
Executive Vice President of Organizational Growthno dataR9.28m-0.00041%
ZAR -751.7k
Wayne D. Robinson
Executive Vice President: US PGM & Montana Operations0.75yrR10.04mno data
Themba Nkosi
Executive Vice President of Corporate Affairs1.83yrsR8.12mno data
James Wellsted
Senior VP & Head of Investor Relationsno dataR4.86mno data
Lerato Legong
Executive Vice President of Legal & Compliance0.25yrno datano data
Bheki Khumalo
Head of Organizational Development & Communication of SA Region2.75yrsno datano data
Adam Mutshinya
Senior Vice President of Human Capital - Gold & Uranium Division7.83yrsR4.01mno data

1.8yrs

Average Tenure

53yo

Average Age

Experienced Management: SSW's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Neal Froneman
CEO & Executive Director8yrsR31.92m0.11%
ZAR 203.9m
Charl Keyter
CFO & Executive Director8.17yrsR16.02m0.048%
ZAR 88.6m
Richard Menell
Lead Independent Non-Executive Director0.92yrR1.83m0.0029%
ZAR 5.3m
Harry J. Kenyon-Slaney
Independent Non-Executive Director2yrsR1.70m0.00058%
ZAR 1.1m
Timothy Cumming
Independent Non-Executive Director7.92yrsR1.80m0.000040%
ZAR 73.3k
Nkosemntu Nika
Independent Non-Executive Director7.92yrsR1.61mno data
Keith Rayner
Independent Non-Executive Director8yrsR1.88mno data
Savannah Nonhlanhla Danson
Independent Non-Executive Director3.67yrsR1.61mno data
Jeremiah Vilakazi
Independent Non-Executive Director8yrsR1.36mno data
Susan van der Merwe
Independent Non-Executive Director7.92yrsR1.61mno data
Elaine Dorward-King
Independent Non-Executive Director0.83yrno datano data
Thabane Maphai
Independent Non-Executive Chairman1.25yrsR822.00kno data

7.9yrs

Average Tenure

62yo

Average Age

Experienced Board: SSW's board of directors are considered experienced (7.9 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: SSW insiders have sold more shares than they have bought 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 9.5%.


Top Shareholders

Company Information

Sibanye Stillwater Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Sibanye Stillwater Limited
  • Ticker: SSW
  • Exchange: JSE
  • Founded: 2002
  • Industry: Precious Metals and Minerals
  • Sector: Materials
  • Market Cap: R183.337b
  • Shares outstanding: 2.92b
  • Website: https://www.sibanyestillwater.com

Number of Employees


Location

  • Sibanye Stillwater Limited
  • Bridgeview House
  • Ground Floor (Lakeview Avenue)
  • Weltevreden Park
  • Gauteng
  • 1709
  • South Africa

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SBSWNYSE (New York Stock Exchange)SPON ADR EACH REP 4 ORD SHSUSUSDFeb 2013
0SGADB (Deutsche Boerse AG)SPON ADR EACH REP 4 ORD SHSDEEURFeb 2013
0A56LSE (London Stock Exchange)SPON ADR EACH REP 4 ORD SHSGBUSDFeb 2013
SSWJSE (The Johannesburg Securities Exchange)YesOrdinary SharesZAZARFeb 2013
47VBST (Boerse-Stuttgart)YesOrdinary SharesDEEURFeb 2013
47VDB (Deutsche Boerse AG)YesOrdinary SharesDEEURFeb 2013
SBYS.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDFeb 2013

Biography

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), includi...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/18 17:32
End of Day Share Price2021/01/18 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.