Impala Platinum Holdings Limited

Impala Platinum Holdings Limited

12.50
EUR
-0.10
(-0.79%)
8.51BMarket Cap
Mar 04Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
47.83
53.5
52.67
51.31
49.9
67.1
89.88
165.18
142.35
125.36
96.28
95.22
150.6
- -
Basic EPS, GAAP
0.01
-6.03
-0.1
-11.45
-14.86
2.03
20.66
59.96
38.56
5.77
-19.29
0.85
34.59
- -
Free Cash Flow per Basic Share
-0.67
-3.59
-1.36
-3.37
-6.5
9.36
16.56
45.34
31.24
12.82
-7.84
0.57
22.09
- -
Dividend per Share
0.61
0.02
- -
- -
- -
- -
1.25
14.08
17.32
14.66
1.66
- -
5.75
- -
Book Value per Share
86.26
82.53
77.81
65.14
51.79
54.47
79.05
107.9
135.56
133.07
101.58
102.07
127.87
127.87
Tangible Book Value per Share
86.26
82.53
77.81
65.14
51.79
54.47
79.05
107.9
135.56
121.64
97.67
98.15
123.94
123.94
Basic Weighted Avg Shares
607
607
682
718
719
725
777
784
831
850
897
897
897
897
Sales/Revenue/Turnover
29,028
32,477
35,932
36,841
35,854
48,629
69,851
129,575
118,332
106,594
86,398
85,459
135,146
- -
Operating Margin (%)
7.97
8.88
-0.25
-1.05
2.77
15.08
33.29
41.17
34.73
20.76
4.11
2.8
24.49
- -
Depreciation Expense
2,341
2,593
3,319
3,702
3,838
3,488
4,521
5,655
5,821
7,736
8,369
7,712
8,634
- -
Net Income, GAAP
8
-3,663
-70
-8,220
-10,679
1,471
16,055
47,032
32,049
4,905
-17,313
761
31,039
- -
Effective Tax Rate (%)
960
- -
- -
- -
- -
64.26
28.42
29.54
26.75
36.88
- -
52.65
29.22
- -
Profit Margin (%)
0.03
-11.28
-0.19
-22.31
-29.78
3.02
22.98
36.3
27.08
4.6
-20.04
0.89
22.97
- -
Working Capital
8,943
7,746
11,982
12,379
8,981
13,968
26,441
38,879
43,593
50,090
33,743
34,248
54,134
54,134
LT Debt
7,169
7,366
8,715
8,373
7,925
6,677
6,233
1,087
957
2,255
1,912
1,636
1,539
1,539
Total Equity
54,917
52,362
58,456
49,232
39,593
41,080
64,546
90,676
119,291
126,035
96,625
96,615
120,118
120,118
Return on Invested Capital (%)
0.28
- -
- -
- -
- -
3.74
27.1
57.63
28.13
3.34
- -
1
27.92
- -
Return on Capital (%)
-5.16
- -
- -
- -
- -
4.31
26.53
56.43
29.34
3.13
- -
1.29
27.98
- -
Return on Common Equity (%)
0.02
-7.15
-0.13
-16.01
-25.42
3.85
31.79
62.83
31.65
4.27
-16.79
0.83
30.09
- -

Capital Structure

ZAR

•

in mil. unless spec.
Jun'25
Dec'26
Jun'26
ST Debt
2,154
1,485
855
LT Borrowings
1,280
- -
1,169
LT Finance Leases
356
- -
370
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
897
898
898
Market Capitalization
144,303
239,704
159,225

Working Capital

ZAR

•

in mil. unless spec.
Jun'25
Dec'26
Jun'26
Total Current Assets
53,879
63,325
73,766
Cash, Cash Equivalents & STI
11,669
15,253
24,716
Accounts Receivable, Net
8,026
12,379
13,805
Inventories
29,735
33,916
32,734
Total Current Liabilities
19,631
21,614
19,632
Payables & Accruals
- -
- -
- -
ST Debt
2,154
1,485
855
Deferred Revenue
- -
- -
- -

Growth Rates

ZAR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.42%
7.64%
24.33%
Free Cash Flow
371.19%
687.42%
3,793.91%
Net Income, GAAP
1,604.82%
660.96%
3,978.71%
Sales/Revenue/Turnover
18.41%
3.9%
58.14%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
86,398
2025
- -
- -
85,459
2026
- -
- -
135,146

Semi-annual Earnings Per Share

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
-19.29
2025
- -
- -
0.85
2026
- -
- -
34.59

Semi-annual Dividends Per Share

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
1.66
2025
- -
- -
- -
2026
- -
- -
5.75

Company Description

CEO
Nicolaas Johannes Muller
Full Time Employees
63,892
Sector
Non-energy minerals
Industry
Other metals/Minerals
Address
2 Fricker Road Illovo GP South Africa 2196
IPO Date
Feb 22, 1973
Business
Impala Platinum Holdings Limited Impala Platinum Holdings Limited engages in the mining, processing, concentrating, refining, and marketing of platinum group metals (PGMs) and associated base metals including nickel, copper, and cobalt. The company produces platinum, palladium, rhodium, ruthenium, iridium, and gold through its fully integrated operations comprising seven mining assets on the Bushveld Complex in South Africa, the Great Dyke in Zimbabwe, and the Canadian Shield; key operations include Impala Rustenburg, Impala Bafokeng, Zimplats, Mimosa, Marula, Two Rivers, and Impala Canada, alongside Impala Refining Services (IRS), which provides toll smelting, refining, and recycling services including auto-catalyst recycling for third-party producers. Implats markets its products to industrial, medical, and electronic sectors in markets such as South Africa, Japan, China, the United States, and Europe, contributing approximately 20% to global primary PGM production with total attributable PGM resources of 316.5 million ounces; the group employs over 66,000 people across its operations and is headquartered in Illovo, Johannesburg, South Africa, with origins tracing back to 1957 when the Impala mine commenced production north of Rustenburg. In recent developments, Implats completed the acquisition of Royal Bafokeng Platinum (RBPlat) in August 2023, renaming it Impala Bafokeng and integrating it as a key asset; the company concluded broad-based black economic empowerment (B-BBEE) transactions at Impala Rustenburg and Impala Bafokeng in May 2024, signed a five-year renewable energy power purchase agreement with Discovery Green in January 2025 for its Springs refinery, and initiated a group-wide Section 189(3) labour restructuring consultation in April 2024 alongside operational adjustments amid low PGM prices. For the financial year ended 30 June 2025, Implats reported commendable production, safety performance, and cost control despite macroeconomic challenges, building on robust FY2024 results; earlier milestones include the 2019 acquisition of North American Palladium, rebranded as Impala Canada.

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