Financials Sylvania Platinum Limited

Equities

SLP

BMG864081044

Non-Gold Precious Metals & Minerals

Market Closed - London S.E. Other stock markets 11:35:18 2024-04-26 am EDT			5-day change	1st Jan Change
69.5 ^GBX	+7.75%		+5.46%	-8.55%

Mar. 04	Mirriad Advertising and EnSilica win deals	AN
Mar. 04	Sylvania Platinum Limited announces an Equity Buyback for $3 million worth of its shares.	CI

Valuation

Fiscal Period: Juni	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	156.2	200.2	603.1	413.3	401.8	347.3	-	-
Enterprise Value (EV) ¹	124.4	123.7	460.9	233.7	208.3	207.2	214.1	219
P/E ratio	5.77 x	3.64 x	4.5 x	5.12 x	5.74 x	12.4 x	11 x	8.66 x
Yield	2.72%	3.75%	2.43%	7.64%	8.23%	3.46%	4.61%	6.34%
Capitalization / Revenue	1.64 x	1.27 x	2.18 x	1.83 x	1.97 x	2.49 x	2.25 x	1.9 x
EV / Revenue	1.3 x	0.78 x	1.66 x	1.03 x	1.02 x	1.48 x	1.39 x	1.2 x
EV / EBITDA	2.77 x	1.29 x	2.37 x	1.9 x	2.02 x	5.48 x	4.48 x	3.65 x
EV / FCF	9.22 x	1.7 x	5.65 x	2.96 x	2.74 x	-17.3 x	-17.9 x	-18.3 x
FCF Yield	10.8%	58.8%	17.7%	33.7%	36.5%	-5.77%	-5.58%	-5.46%
Price to Book	-	-	-	-	-	-	-	-
Nbr of stocks (in thousands)	285,515	272,025	272,474	266,381	263,632	261,602	-	-
Reference price ²	0.5471	0.7361	2.213	1.551	1.524	1.327	1.327	1.327
Announcement Date	9/2/19	9/7/20	9/6/21	9/8/22	9/7/23	-	-	-

¹AUD in Million²AUD

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Juni	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	95.52	157.6	276.9	225.8	204	139.6	154.2	182.8
EBITDA ¹	44.92	96.12	194.6	123	103.4	37.83	47.83	59.93
EBIT ¹	35.2	75.06	190.6	118.4	96.81	31.66	40.12	52.25
Operating Margin	36.85%	47.63%	68.84%	52.44%	47.45%	22.68%	26.02%	28.58%
Earnings before Tax (EBT) ¹	36.23	77.28	192.4	120.3	105	42.37	49.29	61.4
Net income ¹	-	-	-	83.45	71.08	30.29	37.21	55.08
Net margin	-	-	-	36.95%	34.83%	21.7%	24.13%	30.13%
EPS ²	0.0947	0.2020	0.4924	0.3032	0.2656	0.1069	0.1207	0.1533
Free Cash Flow ¹	13.49	72.67	81.57	78.84	76	-11.96	-11.96	-11.96
FCF margin	14.12%	46.11%	29.46%	34.91%	37.25%	-8.56%	-7.75%	-6.54%
FCF Conversion (EBITDA)	30.04%	75.6%	41.91%	64.09%	73.52%	-	-	-
FCF Conversion (Net income)	-	-	-	94.48%	106.93%	-	-	-
Dividend per Share ²	0.0149	0.0276	0.0537	0.1185	0.1254	0.0459	0.0612	0.0842
Announcement Date	9/2/19	9/7/20	9/6/21	9/8/22	9/7/23	-	-	-

¹AUD in Million²AUD

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: June	2022 Q4
Net sales ¹	60.06
EBITDA	-
EBIT	-
Operating Margin	-
Earnings before Tax (EBT)	-
Net income	-
Net margin	-
EPS	-
Dividend per Share	-
Announcement Date	9/8/22

¹AUD in Million

Estimates

Balance Sheet Analysis

Fiscal Period: June	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	-	-	-	-	-	-	-	-
Net Cash position ¹	31.8	76.6	142	180	193	140	133	128
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow ¹	13.5	72.7	81.6	78.8	76	-12	-12	-12
ROE (net income / shareholders' equity)	-	-	-	-	-	-	-	-
ROA (Net income/ Total Assets)	-	-	-	-	-	-	-	-
Assets ¹	-	-	-	-	-	-	-	-
Book Value Per Share	-	-	-	-	-	-	-	-
Cash Flow per Share	-	-	-	-	-	-	-	-
Capex ¹	-	-	-	24.3	22.7	33.7	15.3	9.18
Capex / Sales	-	-	-	10.76%	11.13%	24.12%	9.92%	5.02%
Announcement Date	9/2/19	9/7/20	9/6/21	9/8/22	9/7/23	-	-	-

¹AUD in Million

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Sylvania Platinum Limited

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

1.327 AUD

Average target price

1.7 AUD

Spread / Average Target

+28.07%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

Sector Platinum Mining

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ZIMPLATS HOLDINGS LIMITED	-21.90%	1.19B
JUBILEE METALS GROUP PLC	+2.33%	245M
THARISA PLC	+4.24%	251M
PLATINUM GROUP METALS LTD.	+25.33%	141M

Platinum Mining