Anglo American Platinum (ANGPY) AI Stock Analysis

Compare

76 Followers

Top Page

Anglo American Platinum

(OTC:ANGPY)

Rating:73Outperform

Price Target:

$9.50

▲(23.22% Upside)

Anglo American Platinum's stock score is driven by strong technical analysis and operational efficiency. However, challenges such as high valuation and recent operational setbacks temper the overall outlook. Continued focus on strategic cost management and revenue growth will be crucial for future performance.

Anglo American Platinum (ANGPY) vs. SPDR S&P 500 ETF (SPY)

Market Cap

$12.25B

Dividend Yield2.03%

Average Volume (3M)62.61K

Price to Earnings (P/E)166.0

Beta (1Y)0.85

Revenue Growth-8.76%

EPS Growth-88.22%

CountryUS

Employees20,158

SectorBasic Materials

Sector Strength57

IndustryOther Precious Metals

Share Statistics

EPS (TTM)0.21

Shares Outstanding1,591,721,400

10 Day Avg. Volume38,317

30 Day Avg. Volume62,606

Financial Highlights & Ratios

PEG RatioN/A

Price to Book (P/B)0.00

Price to Sales (P/S)0.00

P/FCF Ratio0.00

Enterprise Value/Market Cap0.97

Enterprise Value/Revenue0.11

Enterprise Value/Gross Profit0.65

Enterprise Value/Ebitda0.64

Forecast

1Y Price Target

$9.50

Price Target Upside23.22% Upside

Rating ConsensusModerate Buy

Number of Analyst Covering1

Anglo American Platinum Business Overview & Revenue Model

Company DescriptionAnglo American Platinum Limited engages in the production and supply of platinum group metals, base metals, and precious metals in South Africa, Asia, Europe, and internationally. It produces platinum, palladium, rhodium, ruthenium, iridium, and osmium, as well as gold, nickel, copper, cobalt sulphate, sodium sulphate, and chrome. The company was formerly known as Anglo Platinum Ltd. and changed its name to Anglo American Platinum Limited in May 2011. The company was incorporated in 1946 and is headquartered in Johannesburg, South Africa. Anglo American Platinum Limited is a subsidiary of Anglo American South Africa Investments Proprietary Limited.

How the Company Makes MoneyAnglo American Platinum primarily generates revenue through the extraction, processing, and sale of platinum group metals. The company operates in various segments, including mining, concentrating, smelting, and refining. Its key revenue streams include the sale of refined PGMs and associated base metals, such as nickel, copper, and cobalt, extracted as by-products during the refining process. The company benefits from long-term contracts and partnerships with major automotive manufacturers, industrial consumers, and jewelry producers who require PGMs for their products. Market demand for emissions reduction technologies, particularly in the automotive sector, significantly influences the company's earnings, as PGMs are critical components in catalytic converters that reduce vehicle emissions.

Anglo American Platinum Earnings Call Summary

Earnings Call Date:Jul 28, 2025

(Q2-2025)

% Change Since: -5.98%|

Next Earnings Date:Feb 23, 2026

Earnings Call Sentiment Neutral

The earnings call presented a mixed picture with several strategic and operational achievements, including significant cost savings and progress on strategic initiatives. However, these were countered by significant lowlights such as operational fatalities, flooding impacts, and financial challenges. Despite these issues, the company remains optimistic about the second half, driven by a favorable market environment for PGM prices.

Q2-2025 Updates

Positive Updates

Significant Operational Milestones

Valterra Platinum achieved 13 years fatality-free at Mogalakwena and Mototolo mines, 9 years at Amandelbult's Tumela mine, and over 2.5 years lost time injury-free at the Polokwane smelter. They also improved their total recordable injury frequency rate by 12% to 1.46.

Successful Demerger and Strategic Progress

The company completed its demerger from the Anglo American Group and secondary listing on the London Stock Exchange. They also achieved significant internal transitions and strategic objectives.

Record Cost Savings

Valterra Platinum delivered ZAR 2.1 billion in cost savings during H1 2025 and is on track to achieve a full-year target of ZAR 4 billion.

PGM Basket Price Rally

The realized PGM basket price increased by about 5% in USD terms during the first half, with prices up about 20% since the beginning of July.

IRMA Accreditation

Mogalakwena achieved IRMA accreditation, making Valterra the only precious metal mining company with all mines IRMA accredited.

Negative Updates

Fatalities in Operations

Two fatalities occurred: Mr. Felix Kore at Unki in April and Mr. William Nkenke at Amandelbult in July.

Flooding Impact at Amandelbult

Severe flooding in February caused significant operational disruptions at Amandelbult, impacting production and resulting in ZAR 4.6 billion lower earnings.

Lower Revenue and Sales Volumes

Revenue was down 19% to ZAR 42 billion due to a 25% decline in PGM sales volumes.

Demerger and Separation Costs

The company incurred ZAR 1.4 billion in demerger-related costs, impacting EBITDA.

Increased Net Debt

Valterra closed the period with ZAR 5 billion of net debt, despite financial challenges and demerger costs.

Company Guidance

In the recent call, Valterra Platinum provided guidance for the second half of 2025 and beyond, focusing on various operational and financial metrics. The company expects to achieve ZAR 4 billion in cost savings for the year, having already delivered ZAR 2.1 billion in the first half. They forecast a production of between 450,000 and 480,000 PGM ounces from Amandelbult and maintain their refined production guidance of 3 million to 3.4 million PGM ounces. The cash operating unit cost is anticipated to be between ZAR 19,000 and ZAR 19,500 per PGM ounce, with a capital expenditure guidance reduced to between ZAR 17 billion and ZAR 17.5 billion. Valterra also highlighted their medium-term targets, aiming for an all-in sustaining cost of less than USD 950 per 3E ounce and a through-the-cycle EBITDA margin of at least 25%, while keeping net debt to EBITDA below 1x. The Board declared an interim dividend of ZAR 2 per share, demonstrating their commitment to shareholder returns despite operational challenges in the first half.

Anglo American Platinum Financial Statement Overview

Summary

Anglo American Platinum shows strong operational efficiency with a sturdy balance sheet, but faces challenges with declining revenues and profit margins. Although cash flow is improving, its volatility remains a concern. A focus on revenue growth and cost management is essential for financial stability.

Income Statement

Positive

Anglo American Platinum's income statement reveals a challenging period with declining revenues over recent years. Gross profit margins have compressed, reflecting increased cost pressures. Net income has also fallen, impacting net profit margins negatively. However, the company maintains a strong EBITDA margin, indicating operational efficiency despite declining revenues.

Balance Sheet

Very Positive

The balance sheet is robust with a healthy equity base and low debt levels, as evidenced by a favorable debt-to-equity ratio. Stockholders' equity constitutes a significant portion of total assets, highlighting financial stability. However, the declining trend in total assets over recent years could be a concern if it continues.

Cash Flow

Positive

Cash flow analysis shows variability, with free cash flow turning negative in recent years but recovering recently. The company has strong operating cash flows, although capital expenditures have been high. The operating cash flow to net income ratio indicates solid cash conversion, but the volatility in free cash flow growth is a risk factor.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	108.99B	124.58B	164.09B	214.57B	137.79B
Gross Profit	18.22B	21.01B	70.51B	105.11B	39.72B
EBITDA	18.60B	24.87B	73.17B	112.59B	45.42B
Net Income	7.06B	13.04B	49.15B	78.98B	30.34B
Balance Sheet
Total Assets	170.94B	169.22B	176.91B	180.15B	144.38B
Cash, Cash Equivalents and Short-Term Investments	24.48B	24.68B	31.64B	56.77B	25.03B
Total Debt	8.66B	7.63B	458.00M	612.00M	843.00M
Total Liabilities	68.83B	69.18B	79.95B	77.80B	65.84B
Stockholders Equity	101.74B	99.61B	96.78B	102.21B	78.35B
Cash Flow
Free Cash Flow	7.86B	-4.34B	28.46B	82.86B	13.73B
Operating Cash Flow	26.83B	16.55B	45.36B	96.49B	23.20B
Investing Cash Flow	-17.61B	-16.30B	-10.96B	-9.84B	-5.58B
Financing Cash Flow	-8.33B	-7.75B	-57.52B	-57.81B	-14.95B

Anglo American Platinum Technical Analysis

Technical Analysis Sentiment

Positive

Last Price7.71

Price Trends

50DMA

7.53

Positive

100DMA

6.68

Positive

200DMA

6.02

Positive

Market Momentum

MACD

0.07

Positive

RSI

46.92

Neutral

STOCH

7.08

Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ANGPY, the sentiment is Positive. The current price of 7.71 is below the 20-day moving average (MA) of 8.12, above the 50-day MA of 7.53, and above the 200-day MA of 6.02, indicating a neutral trend. The MACD of 0.07 indicates Positive momentum. The RSI at 46.92 is Neutral, neither overbought nor oversold. The STOCH value of 7.08 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ANGPY.

Anglo American Platinum Peers Comparison

Overall Rating

UnderperformOutperform

Sector (44)

Financial Indicators

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HMY	78 Outperform	$9.98B	17.00	25.19%	1.08%	20.35%	20.44%
ANGPY	73 Outperform	$12.25B	165.96	1.40%	2.03%	-8.76%	-88.22%
CDE	69 Neutral	$6.24B	34.89	6.44%	―	41.79%	―
HL	67 Neutral	$3.88B	55.27	3.49%	0.62%	41.04%	―
MP	64 Neutral	$12.11B	―	-9.62%	―	4.63%	-3189.81%
SBSW	54 Neutral	$6.25B	―	-15.89%	―	-0.71%	80.26%
Sector *	44 Neutral	AU$1.46B	-5.90	-41.17%	4.22%	-3.35%	-41.14%

* Basic Materials Sector Average

Performance Comparison

ANGPY

Anglo American Platinum

7.68

2.53

49.13%

CDE

Coeur Mining

9.75

4.37

81.23%

HMY

Harmony Gold Mining

15.89

6.56

70.31%

Hecla Mining Company

6.14

1.16

23.29%

SBSW

Sibanye Stillwater

8.96

4.99

125.69%

MP Materials

68.39

57.42

523.43%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 29, 2025