看來載入頁面時發生了錯誤.
我們的團隊已收到通知，但若此問題持續，請透過電郵支援widget工具聯絡我們。
| Metrics | Range | Conclusion |
|---|---|---|
| Selected LTM EBITDA Multiple | -2.3x - -2.5x | -2.4x |
| Selected Fwd EBITDA Multiple | 1.9x - 2.2x | 2.1x |
| Fair Value | €0.032 - €0.056 | €0.044 |
| Upside | -22.3% - 36.1% | 6.9% |
| Benchmarks | Ticker | Full Ticker |
| Sibanye Stillwater Limited | SSW | JSE:SSW |
| Impala Platinum Holdings Limited | IMP | JSE:IMP |
| Copper 360 Limited | CPR | JSE:CPR |
| Hulamin Limited | HLM | JSE:HLM |
| Kumba Iron Ore Limited | KIO | JSE:KIO |
| ArcelorMittal South Africa Limited | ISC1 | DB:ISC1 |
| - | - | - |
| Select LTM EBITDA Multiple | |||||||
| Benchmark Companies | |||||||
| SSW | IMP | CPR | HLM | KIO | ISC1 | ||
| JSE:SSW | JSE:IMP | JSE:CPR | JSE:HLM | JSE:KIO | DB:ISC1 | ||
| Historical EBITDA Growth | |||||||
| 5Y CAGR | -5.4% | -0.7% | NM- | 33.3% | -3.8% | NM- | |
| 3Y CAGR | -46.0% | -45.0% | NM- | -0.5% | -24.7% | NM- | |
| Latest Twelve Months | -40.0% | -51.9% | -132.0% | -11.3% | -34.3% | -305.9% | |
| Historical EBITDA Profit Margin | |||||||
| 5 Year Average Margin | 27.2% | 32.2% | -137.2% | 3.4% | 52.1% | 5.0% | |
| Prior Fiscal Year | 15.6% | 27.4% | -323.9% | 4.4% | 52.1% | 0.0% | |
| Latest Fiscal Year | 9.5% | 11.2% | -165.3% | 4.0% | 40.1% | -7.7% | |
| Latest Twelve Months | 9.5% | 9.0% | -165.3% | 4.0% | 40.4% | -8.2% | |
| Current Trading Multiples | |||||||
| EV / LTM Revenue | 1.05x | 1.51x | 6.84x | 0.16x | 1.35x | 0.20x | |
| EV / LTM EBITDA | 11.1x | 16.7x | -4.1x | 4.1x | 3.3x | -2.5x | |
| EV / LTM EBIT | -14.4x | 395.9x | -3.8x | 5.5x | 4.1x | -1.9x | |
| Low | Mid | High | |||||
| Benchmark EV / LTM EBITDA | -4.1x | 4.1x | 16.7x | ||||
| Historical EV / LTM EBITDA | -3.3x | 1.1x | 10.0x | ||||
| Selected EV / LTM EBITDA | -2.3x | -2.4x | -2.5x | ||||
| (x) LTM EBITDA | (2,874) | (2,874) | (2,874) | ||||
| (=) Implied Enterprise Value | 6,475 | 6,816 | 7,156 | ||||
| (-) Non-shareholder Claims * | (5,772) | (5,772) | (5,772) | ||||
| (=) Equity Value | 703 | 1,044 | 1,384 | ||||
| (/) Shares Outstanding | 1,430.8 | 1,430.8 | 1,430.8 | ||||
| Implied Value Range | 0.49 | 0.73 | 0.97 | ||||
| FX Rate: ZAR/EUR | 20.6 | 20.6 | 20.6 | Market Price | |||
| Implied Value Range (Trading Cur) | 0.02 | 0.04 | 0.05 | 0.04 | |||
| Upside / (Downside) | -41.8% | -13.6% | 14.6% | ||||
| Equity Waterfall | |||||||
| Benchmark Companies | |||||||
| (in millions) | SSW | IMP | CPR | HLM | KIO | ISC1 | |
| Enterprise Value | 118,764 | 128,578 | 988 | 2,221 | 90,475 | 6,980 | |
| (+) Cash & Short Term Investments | 16,049 | 9,983 | 1 | 22 | 16,347 | 3,934 | |
| (+) Investments & Other | 10,830 | 15,396 | 206 | 5 | 22 | 243 | |
| (-) Debt | (42,065) | (3,767) | (842) | (1,371) | (238) | (9,949) | |
| (-) Other Liabilities | (4,310) | (5,352) | 1 | 0 | (16,644) | 0 | |
| (-) Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | |
| (-) Other | 0 | 0 | 0 | 0 | 0 | 0 | |
| Value of Common Equity | 99,268 | 144,838 | 354 | 877 | 89,962 | 1,208 | |
| (/) Shares Outstanding | 2,830.6 | 896.8 | 465.8 | 313.2 | 320.7 | 1,430.8 | |
| Implied Stock Price | 35.07 | 161.50 | 0.76 | 2.80 | 280.49 | 0.84 | |
| FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 20.59 | |
| Implied Stock Price (Trading Cur) | 35.07 | 161.50 | 0.76 | 2.80 | 280.49 | 0.04 | |
| Trading Currency | ZAR | ZAR | ZAR | ZAR | ZAR | EUR | |
| FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 20.59 | |