Obermatt

Northam Platinum

JNB:NPH · ZAE000298253
Metals & MiningLarge

360

85
EV / EBIT71
Price / Owner Earnings48
Owner Earnings Yield81
Dividend Yield87
Price/Sales52
EV / Gross Profit30
Price/Book39
Return on Capital63
Cash Return on Capital76
Return on Equity77
EBIT Margin46
Gross Profitability29
Cash Conversion34
Accruals32
Owner Earnings Margin67
Sales growth100
Profit Growth87
Long-Term EPS Growth96
Reinvestment57
Price momentum85
Debt load49
Refinancing50
Debt Payback39
Liquidity45
Analyst ratings10
Opinion Changes50
Price Target Upside71
Market mood81
Value Creation20/20strong value creator
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Northam Platinum generates returns well above its cost of capital, the foundation of durable shareholder value.

Profile

CountrySouth Africa
IndustryMetals & Mining
SizeLarge
TypePublic Company
ExchangeJSE
Founded2020
Employees1,125
ISINZAE000298253
Last UpdateApr 2, 2026
Themes
Disposal and RecyclingUrban MiningMining TechnologyUtility Scale SolarMiningPrecious Metals

Description

Northam Platinum Holdings Limited is primarily engaged in the production of platinum group metals (PGMs). The company operates several mining and production facilities aimed at extracting and processing PGMs, including platinum, palladium, rhodium,…

Analysis

Middle-of-the-road

Northam Platinum Holdings Limited is a middle-of-the-road business: neither the economics nor the price stand out from the peer group.

The price is fair. You pay 18.6× its owner earnings: the cash an owner could take out each year, which is in the historically fair zone. At today's price, the market is assuming roughly 5% yearly growth; analysts expect 151%. The price, in other words, assumes less than the experts do.

The trajectory is solid and the balance sheet is adequate. The company scores 20/20 on our value-creation score: strong value creator.

Nothing is flagged here: no red or amber gates, no divergence between profits and cash. That is itself information: the numbers are straightforward. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
94
2023202420252026

All-time high

94

Jun 2026

All-time low

39

Jan 2023

Average rank

63

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
52
54
55
45
Price/Earnings
86
59
74
83
Price/Book
39
59
61
43
Dividend Yield
87
39
67
74
Value (overall)
86
34
66
59

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →