Wesizwe Platinum Limited, through its subsidiaries, explores for and evaluates mineral properties in South Africa.
Wesizwe Platinum Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||R1.21|
|52 Week High||R0.40|
|52 Week Low||R1.21|
|1 Month Change||124.07%|
|3 Month Change||152.08%|
|1 Year Change||181.39%|
|3 Year Change||210.26%|
|5 Year Change||128.30%|
|Change since IPO||-69.75%|
Recent News & Updates
|WEZ||ZA Metals and Mining||ZA Market|
Return vs Industry: WEZ exceeded the ZA Metals and Mining industry which returned -0.2% over the past year.
Return vs Market: WEZ exceeded the ZA Market which returned 21.3% over the past year.
Stable Share Price: WEZ is more volatile than 75% of ZA stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: WEZ's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of ZA stocks.
About the Company
Wesizwe Platinum Limited, through its subsidiaries, explores for and evaluates mineral properties in South Africa. The company primarily explores for platinum, palladium, rhodium, and gold deposits. Its flagship project is the Bakubung platinum mine located on the Western limb of the Bushveld Igneous Complex in the North West province of South Africa.
Wesizwe Platinum Fundamentals Summary
|WEZ fundamental statistics|
Is WEZ overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|WEZ income statement (TTM)|
|Cost of Revenue||-R522.71m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.80|
|Net Profit Margin||0.00%|
How did WEZ perform over the long term?See historical performance and comparison
Is Wesizwe Platinum undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate WEZ's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate WEZ's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: WEZ is good value based on its PE Ratio (1.5x) compared to the ZA Metals and Mining industry average (5.2x).
PE vs Market: WEZ is good value based on its PE Ratio (1.5x) compared to the ZA market (11.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate WEZ's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: WEZ is good value based on its PB Ratio (0.6x) compared to the ZA Metals and Mining industry average (1.1x).
How is Wesizwe Platinum forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Wesizwe Platinum has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Wesizwe Platinum performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WEZ has a high level of non-cash earnings.
Growing Profit Margin: WEZ became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: WEZ has become profitable over the past 5 years, growing earnings by 15.3% per year.
Accelerating Growth: WEZ has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: WEZ has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (252.8%).
Return on Equity
High ROE: Whilst WEZ's Return on Equity (37.5%) is high, this metric is skewed due to their high level of debt.
How is Wesizwe Platinum's financial position?
Financial Position Analysis
Short Term Liabilities: WEZ's short term assets (ZAR2.0B) exceed its short term liabilities (ZAR1.3B).
Long Term Liabilities: WEZ's short term assets (ZAR2.0B) do not cover its long term liabilities (ZAR10.1B).
Debt to Equity History and Analysis
Debt Level: WEZ's debt to equity ratio (309.1%) is considered high.
Reducing Debt: WEZ's debt to equity ratio has increased from 153.2% to 309.1% over the past 5 years.
Debt Coverage: WEZ's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if WEZ's interest payments on its debt are well covered by EBIT.
What is Wesizwe Platinum current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate WEZ's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate WEZ'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 WEZ's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if WEZ'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 WEZ's dividend in 3 years as they are not forecast to pay a notable one for the ZA market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Zhimin Li (56 yo)
Mr. Zhimin Li has been Chief Executive Officer and Executive Director of Wesizwe Platinum Limited since February 15, 2017 and was its Acting Financial Director until July 1, 2017. Mr. Li has wide experienc...
CEO Compensation Analysis
Compensation vs Market: Zhimin's total compensation ($USD316.82K) is about average for companies of similar size in the ZA market ($USD280.19K).
Compensation vs Earnings: Zhimin's compensation has been consistent with company performance over the past year.
Experienced Management: WEZ's management team is considered experienced (4.7 years average tenure).
Experienced Board: WEZ's board of directors are considered experienced (4.9 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Wesizwe Platinum Limited's employee growth, exchange listings and data sources
- Name: Wesizwe Platinum Limited
- Ticker: WEZ
- Exchange: JSE
- Founded: 2003
- Industry: Precious Metals and Minerals
- Sector: Materials
- Market Cap: R1.970b
- Shares outstanding: 1.63b
- Website: https://www.wesizwe.co.za
Number of Employees
- Wesizwe Platinum Limited
- Wesizwe House
- Devcon Park
- South Africa
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/18 21:41|
|End of Day Share Price||2021/10/18 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.