Financials Gold Fields Limited Deutsche Boerse AG

Equities

EDGA

ZAE000018123

Gold

Market Closed - Deutsche Boerse AG 12:03:01 15/06/2024 am IST 5-day change 1st Jan Change
12.6 EUR -12.20% Intraday chart for Gold Fields Limited -14.29% -7.01%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 79,441 1,21,520 1,54,587 1,57,016 2,48,208 2,19,254 - -
Enterprise Value (EV) 1 99,150 1,37,156 1,69,075 1,69,872 2,67,838 2,30,331 2,00,530 1,73,942
P/E ratio 32.4 x 11.6 x 13.1 x 12.1 x 18.6 x 8.7 x 5.48 x 5.37 x
Yield 1.04% 3.49% 2.7% 4.23% 2.68% 4.07% 5.43% 5.46%
Capitalization / Revenue 1.81 x 2.13 x 2.45 x 2.01 x 2.88 x 2.19 x 1.85 x 2.01 x
EV / Revenue 2.26 x 2.4 x 2.68 x 2.17 x 3.1 x 2.3 x 1.69 x 1.6 x
EV / EBITDA 5.19 x 4.89 x 4.69 x 3.81 x 5.75 x 4.11 x 2.79 x 2.51 x
EV / FCF 23.9 x 13.9 x 21 x 14.4 x 26.9 x 15.2 x 6.32 x 5.17 x
FCF Yield 4.18% 7.18% 4.77% 6.93% 3.72% 6.6% 15.8% 19.3%
Price to Book 1.93 x 2.27 x 2.6 x 2.04 x 2.89 x 2.18 x 1.76 x 1.49 x
Nbr of stocks (in thousands) 8,28,633 8,83,334 8,87,717 8,91,379 8,93,541 8,95,024 - -
Reference price 2 95.87 137.6 174.1 176.2 277.8 245.0 245.0 245.0
Announcement Date 12/02/20 18/02/21 17/02/22 22/02/23 21/02/24 - - -
1ZAR in Million2ZAR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 43,937 57,118 63,188 78,265 86,260 1,00,116 1,18,346 1,08,920
EBITDA 1 19,102 28,030 36,052 44,591 46,541 55,974 71,997 69,342
EBIT 1 10,069 18,325 25,310 29,176 32,151 43,582 65,543 66,151
Operating Margin 22.92% 32.08% 40.06% 37.28% 37.27% 43.53% 55.38% 60.73%
Earnings before Tax (EBT) 1 5,187 17,286 18,894 21,248 23,197 37,705 50,781 50,577
Net income 1 2,393 10,610 11,884 12,936 13,292 24,140 38,471 38,727
Net margin 5.45% 18.58% 18.81% 16.53% 15.41% 24.11% 32.51% 35.55%
EPS 2 2.962 11.89 13.31 14.56 14.93 28.16 44.70 45.66
Free Cash Flow 1 4,149 9,844 8,062 11,769 9,970 15,199 31,742 33,648
FCF margin 9.44% 17.23% 12.76% 15.04% 11.56% 15.18% 26.82% 30.89%
FCF Conversion (EBITDA) 21.72% 35.12% 22.36% 26.39% 21.42% 27.15% 44.09% 48.52%
FCF Conversion (Net income) 173.39% 92.77% 67.84% 90.98% 75.01% 62.96% 82.51% 86.89%
Dividend per Share 2 1.000 4.800 4.700 7.450 7.450 9.978 13.31 13.39
Announcement Date 12/02/20 18/02/21 17/02/22 22/02/23 21/02/24 - - -
1ZAR in Million2ZAR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2019 S2 2020 S1 2020 S2 2021 S1 2021 Q4 2021 S2 2022 Q2 2022 S1 2022 S2 2023 S1 2023 S2 2024 Q1 2024 S1
Net sales 23,524 30,366 31,373 29,665 - 33,311 - 37,868 37,454 43,216 42,825 - 40,410
EBITDA - - - - 9,213 18,831 9,978 - 21,223 24,589 21,826 - -
EBIT - 11,618 - - - 12,876 - 37,477 - - - - -
Operating Margin - 38.26% - - - 38.65% - 98.97% - - - - -
Earnings before Tax (EBT) - - - - - - - - - - - - -
Net income - 2,680 - - - 6,049 - - 3,663 8,648 - - -
Net margin - 8.83% - - - 18.16% - - 9.78% 20.01% - - -
EPS 1.629 - 9.245 - - - - - - - - - -
Dividend per Share - 1.600 3.200 - - - - 3.000 - - - - -
Announcement Date 12/02/20 20/08/20 18/02/21 19/08/21 17/02/22 17/02/22 25/08/22 25/08/22 22/02/23 17/08/23 21/02/24 - -
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 19,709 15,636 14,487 12,855 19,630 11,077 - -
Net Cash position 1 - - - - - - 18,724 45,312
Leverage (Debt/EBITDA) 1.032 x 0.5578 x 0.4018 x 0.2883 x 0.4218 x 0.1979 x - -
Free Cash Flow 1 4,149 9,844 8,062 11,769 9,970 15,199 31,742 33,648
ROE (net income / shareholders' equity) 6.03% 22.4% 23.3% 25.9% 19.3% 24% 29.2% 22.9%
ROA (Net income/ Total Assets) 2.59% 10.4% 12% 14.4% 10.8% 13% 19.5% 14.8%
Assets 1 92,336 1,02,088 98,954 89,534 1,23,542 1,85,038 1,97,090 2,62,278
Book Value Per Share 2 49.70 60.70 67.00 86.20 96.00 113.0 139.0 164.0
Cash Flow per Share 2 16.00 20.90 26.90 35.10 33.70 41.10 42.70 47.70
Capex 1 9,070 8,537 15,850 19,523 20,214 21,693 16,660 15,685
Capex / Sales 20.64% 14.95% 25.08% 24.94% 23.43% 21.67% 14.08% 14.4%
Announcement Date 12/02/20 18/02/21 17/02/22 22/02/23 21/02/24 - - -
1ZAR in Million2ZAR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
7
Last Close Price
245 ZAR
Average target price
296.2 ZAR
Spread / Average Target
+20.93%
Consensus

Quarterly revenue - Rate of surprise

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  5. Financials Gold Fields Limited