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Northam Platinum Holdings Ltd
JSE:NPH
南非 / 材料 / 金屬和採礦
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R
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股息
財報
模型
財務狀況
比較
穩健度
圖表
5 年 DCF EBITDA 退出價
股價
130.60
ZAR
公允價值
117.87
ZAR
Metrics
Range
Conclusion
Discount Rate
9.3% - 8.3%
8.8%
Terminal EBITDA Multiple
3.9x - 5.9x
4.9x
Fair Value
R93.19 - R143.47
R117.87
Upside
-28.6% - 9.9%
-9.7%
9.7%
Revenue 5y CAGR
22.8%
5y Avg EBITDA Margin
26.2%
Unlevered FCF 5y CAGR
5-Year DCF Model: EBITDA Exit
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儲存
股價
130.60
ZAR
公允價值
117.87
ZAR
看漲
-9.7%
Revenue and EBITDA
CapEx
Working Capital
D&A
Tax Rate
Discount Rate
Terminal Value
Select Revenue and EBITDA Forecast
(ZAR in millions)
Input Projections
Fiscal Years Ending
Jun-24
Jun-25
Jun-26
Jun-27
Jun-28
Jun-29
Revenue
30,766
32,922
39,167
43,945
47,241
48,894
% Growth
-22.2%
7.0%
19.0%
12.2%
7.5%
3.5%
EBITDA
6,138
5,384
8,449
10,850
12,136
12,561
% of Revenue
19.9%
16.4%
21.6%
24.7%
25.7%
25.7%
支援算式
Calculation of Free Cash Flow
Discounting Periods
Discounting Factors
Calculation of Enterprise Value
Equity Waterfall
Historical Financials
Current Trading Multiples
Calculation of Free Cash Flow
Projected Unlevered Cash Flow
(ZAR in millions)
Jun-25
Jun-26
Jun-27
Jun-28
Jun-29
EBITDA
5,384
8,449
10,850
12,136
12,561
Other Income / (Exp)
0
0
0
0
0
D&A
(1,222)
(1,554)
(1,723)
(1,852)
(1,917)
EBIT
4,162
6,895
9,127
10,284
10,644
Pro forma Taxes
(1,498)
(2,482)
(3,286)
(3,702)
(3,832)
NOPAT
3,029
2,664
4,413
5,841
6,582
6,812
Capital Expenditures
(4,658)
(4,441)
(4,069)
(4,049)
(4,353)
(4,505)
NWC Investment
1,460
(358)
(1,038)
(794)
(548)
(275)
(+) D&A
1,405
1,222
1,554
1,723
1,852
1,917
Free Cash Flow
1,236
(913)
859
2,720
3,533
3,949
% Growth
NM
NM
217%
30%
12%
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