SBSW

Sibanye Stillwater Limited

Fundamental data last updated:August 9, 2026

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company profile

SECTOR

Basic Materials

industry

Gold

Exchange

NYSE

County of HQ

ZA

Next Earnings Date

09/01/2026

Business Summary

Sibanye Stillwater Limited, together with its subsidiaries, operates as a precious metals mining company in South Africa, the United States, Zimbabwe, Canada, and Argentina. The company produces gold; platinum group metals (PGMs), including palladium, platinum, and rhodium; and by-products, such as iridium, ruthenium, nickel, copper, and chrome. It owns the East Boulder and Stillwater mines located in Montana, the United States; and Columbus metallurgical complex, which smelts the material mined to produce PGM-rich filter cake, as well as conducts PGM recycling activities. The company is also involved in the Kroondal, Rustenburg, Marikana, and Platinum Mile operations situated in South Africa; Mimosa located on the southern portion in Zimbabwe; the Driefontein, Kloof, and Cooke surface operations located on the West Rand of the Witwatersrand Basin; and the Beatrix situated in the southern Free State. In addition, it owns an interest in surface tailings retreatment facilities; the Marathon PGM project in Ontario, Canada; the Altar and Rio Grande copper gold projects in the Andes in north-west Argentina; the Hoedspruit; and the Burnstone and southern Free State gold projects in South Africa. Sibanye Stillwater Limited was founded in 2013 and is headquartered in Weltevreden Park, South Africa.

 


VALUATION

P/E

-6.58

Market Cap ($M USD)

$8.51B

Forward P/E

0.24

PEG

0.00

PRICE TO SALES

1.07

PRICE TO BOOK

3.49

EV / EBITDA

6.83

5-Year Average P/E

Free Cash Flow Yield

1.03%

DCF Value

$-1.58

Graham Number

N/A

Price to FCF

97.48

EV to FCF

116.68

Earnings Yield

-3.74%

FCF Yield

1.03%

DIVIDEND

Yield

2.68%

Annual Payout

$1.31

Payout Ratio

-5.84%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

-$1.83

Next Year EPS Growth Estimate

$50.39

Next Year Revenue Growth Estimate

$174.39B

Return on Equity (ROE)

-12.94%

FREE CASH FLOW

Operating Margin

23.39%

Debt-to-Equity

1.12

Piotroski F-Score

6

Altman Z-Score

2.30

Return on Invested Capital (ROIC)

26.25%

Current Ratio

1.78

Quick Ratio

0.86

Net Debt to EBITDA

1.12

Interest Coverage

10.93

Gross Profit margin

27.45%

FCF PER SHARE

$0.50

REVENUE PER SHARE

$45.81

Gainseekers Quantitative Analysis

Summary

Sibanye Stillwater Limited presents a perplexing valuation narrative. Despite a Forward P/E of just 0.26, suggesting extreme undervaluation, the negative DCF Value and Graham Number absence raise red flags about intrinsic worth. The Altman Z-score of 2.38 indicates moderate financial distress, while the negative Earnings Yield underscores profitability concerns. The market seems to be pricing in a turnaround, yet the current financial health is precarious, with a negative P/E ratio and poor ROE.

AI Exposure / Tech Reliance

Operating in the gold industry, Sibanye Stillwater is not directly positioned for AI or tech disruptions. However, advancements in mining technology and automation could enhance operational efficiency. The company must leverage these innovations to maintain competitiveness in a rapidly evolving sector.

The Bull Case

For the value-driven investor, Sibanye Stillwater offers compelling reasons to buy. The ROIC of 26.25% highlights exceptional capital efficiency, while a Piotroski F-Score of 6 suggests decent financial health. Despite a low FCF Yield, the robust operating margin of 23.39% indicates strong pricing power. These metrics paint a picture of a company capable of generating substantial returns on invested capital.

The Bear Case

However, the bear case is equally strong. The Price/Book ratio of 3.92 and Price/Sales of 1.20 suggest overvaluation relative to tangible assets and revenue. The negative EPS and Earnings Yield point to profitability issues, while the high Price to FCF ratio of 109.47 signals poor cash flow generation. With a significant distance from its 52-week high, the stock's technical position is also concerning.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Hold

Average Analyst Price Target

$21.40

Institutional Ownership %

1-Year Beta

0.88

Insider Buying % (6 Mo)

Distance to 52-Week High

77.05%

Distance to 52-Week Low

50.27%

EARNINGS SURPRISE %

-125.39%

50-DAY SMA

$12.40

200-DAY SMA

$12.69

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.