Obermatt

Gold Fields

JNB:GFI · ZAE000018123
Metals & MiningX-Large

360

68
EV / EBIT80
Price / Owner Earnings72
Owner Earnings Yield88
Dividend Yield79
Price/Sales27
EV / Gross Profit61
Price/Book33
Return on Capital79
Cash Return on Capital96
Return on Equity97
EBIT Margin64
Gross Profitability73
Cash Conversion23
Accruals22
Owner Earnings Margin87
Sales growth76
Profit Growth95
Long-Term EPS Growth66
Owner Earnings Growth73
Reinvestment70
Price momentum51
Debt load49
Refinancing27
Debt Payback16
Liquidity85
Analyst ratings36
Opinion Changes50
Price Target Upside45
Market mood100
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

Gold Fields generates returns well above its cost of capital, the foundation of durable shareholder value.

Profile

CountrySouth Africa
IndustryMetals & Mining
SizeX-Large
TypePublic Company
ExchangeJSE
Founded1968
Employees4,939
ISINZAE000018123
Last UpdateApr 2, 2026
Themes
Mining TechnologyNatural Resources

Description

Gold Fields Limited (Gold Fields) produces gold and a major holder of gold reserves and resources in South Africa, Ghana, Australia, Peru and Chile. In Peru, Gold Fields also produces copper. In Chile, Gold Fields produces silver, and gold. Austral…

Analysis

Bargain bin

Gold Fields Limited is priced cheaply, and that invites the natural question of why, since the underlying business scores below average. Worth noting: the cash the business generates has lagged behind what the income statement shows.

On valuation, the picture is attractive. The owner-earnings multiple stands at 9.9×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around -3% a year, against analyst forecasts of 14%. The price, in other words, assumes less than the experts do.

Growth is moderate; the safety picture is stretched. The company scores 20/20 on our value-creation score: strong value creator.

Flags to be aware of: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
86
2023202420252026

All-time high

95

Mar 2026

All-time low

1

Jan 2023

Average rank

56

across all years

Detailed & Historical Ranks

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

Current202520242023
Price/Sales
27
16
32
37
Price/Earnings
81
34
46
44
Price/Book
33
20
25
44
Dividend Yield
79
82
49
54
Value (overall)
51
39
24
27

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 →