Zimplats Holdings Limited (ZIM) AI Stock Analysis

• Market Cap: AU$1.91B
• Dividend Yield: N/A
• Average Volume (3M): 32.20K
• Price to Earnings (P/E): 30.8
• Beta (1Y): 0.27
• Revenue Growth: 9.42%
• EPS Growth: 413.65%
• Country: AU
• Employees: 3,904
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Other Precious Metals
• EPS (TTM): 0.53
• Shares Outstanding: 107,637,650
• 10 Day Avg. Volume: 17,003
• 30 Day Avg. Volume: 32,205
• PEG Ratio: 0.07
• Price to Book (P/B): 0.60
• Price to Sales (P/S): 1.33
• P/FCF Ratio: -63.02
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 66 Neutral
• Price Target: AU$20.50 ▲(4.06% Upside)

Zimplats Holdings Limited's stock score is primarily influenced by its strong technical momentum, despite financial challenges. The positive price trends and bullish indicators suggest potential for short-term gains. However, high valuation and cash flow issues pose risks, warranting caution for long-term investors.

Zimplats Holdings Limited Business Overview & Revenue Model

Company Description

Zimplats Holdings Limited (ZIM) is a leading platinum group metals (PGMs) producer based in Zimbabwe. The company operates primarily in the mining sector, focusing on the extraction and processing of platinum, palladium, and other PGMs. Zimplats is recognized for its high-quality mineral resources and has a significant market presence in the global PGM industry, catering to various sectors such as automotive, electronics, and jewelry through its core products, which include platinum concentrates and refined metals.

How the Company Makes Money

Zimplats generates revenue primarily through the sale of platinum group metals, which are in high demand for industrial applications, particularly in catalytic converters for automobiles. The company operates a robust revenue model that includes direct sales of PGMs, processed metal products, and by-products such as nickel and copper. Key revenue streams come from long-term contracts with major global customers, as well as spot market sales, which allow the company to leverage fluctuating market prices. Additionally, Zimplats benefits from strategic partnerships with other mining and industrial firms, enhancing its supply chain and market access. Factors contributing to its earnings include global PGM price trends, operational efficiency, and the company's ability to maintain a strong production output from its mining operations.

Zimplats Holdings Limited Financial Statement Overview

Summary

Zimplats Holdings Limited faces challenges with declining revenue and profitability, impacting its income statement. Despite a strong balance sheet with low leverage, cash flow issues are evident, particularly in free cash flow generation. The company needs to address operational efficiency and cash flow management to improve its financial health.

Income Statement

Zimplats Holdings Limited has experienced a significant decline in revenue, with a -27.19% growth rate in the latest period. Gross profit margin remains strong at 64.58%, but net profit margin has decreased to 4.90%. The EBIT and EBITDA margins are also lower compared to previous years, indicating pressure on operational efficiency.

Balance Sheet

The company maintains a solid balance sheet with a low debt-to-equity ratio of 0.05, indicating low leverage. Return on equity has decreased to 2.21%, reflecting reduced profitability. The equity ratio remains strong at 69.64%, suggesting financial stability.

Cash Flow

Cash flow performance is concerning, with a significant decline in free cash flow growth at -92.49%. The operating cash flow to net income ratio is healthy at 3.14, but the negative free cash flow to net income ratio highlights cash flow challenges.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	826.59M	826.59M	1.17B	1.45B	1.71B	1.81B
Gross Profit	533.79M	533.79M	123.49M	458.31M	892.42M	1.08B
EBITDA	198.16M	198.16M	161.82M	592.61M	961.26M	1.20B
Net Income	40.50M	40.50M	8.21M	305.46M	487.65M	563.12M
Balance Sheet
Total Assets	2.63B	2.63B	2.50B	3.72B	2.42B	2.18B
Cash, Cash Equivalents and Short-Term Investments	99.27M	99.27M	117.03M	381.69M	377.98M	349.29M
Total Debt	100.22M	100.22M	62.80M	9.49M	734.00K	5.74M
Total Liabilities	796.92M	796.92M	709.84M	891.82M	529.71M	431.96M
Stockholders Equity	1.83B	1.83B	1.79B	2.83B	1.89B	1.75B
Cash Flow
Free Cash Flow	-17.42M	-17.42M	-346.50M	473.29M	681.05M	444.63M
Operating Cash Flow	127.17M	127.17M	323.65M	1.04B	1.07B	603.70M
Investing Cash Flow	-142.33M	-142.33M	-517.98M	-573.98M	-369.12M	-195.13M
Financing Cash Flow	37.33M	37.33M	-63.98M	-334.11M	-288.36M	-121.79M

Zimplats Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 19.70
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:ZIM, the sentiment is Positive. The current price of 19.7 is above the 20-day moving average (MA) of 18.22, above the 50-day MA of 18.51, and above the 200-day MA of 15.06, indicating a neutral trend. The MACD of -0.18 indicates Positive momentum. The RSI at 48.84 is Neutral, neither overbought nor oversold. The STOCH value of 37.38 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:ZIM.

Zimplats Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ZIM	66 Neutral	AU$1.91B	30.83	2.24%	―	9.42%	413.65%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
AZY	49 Neutral	AU$336.03M	-55.67	-6.04%	―	―	-76.36%
29M	45 Neutral	AU$507.76M	-5.99	-8.58%	―	28.45%	79.93%
SMI	45 Neutral	AU$619.35M	-275.93	-1.99%	―	―	42.55%
SPD	42 Neutral	AU$112.41M	-18.86	-17.70%	―	―	29.91%
STK	36 Underperform	AU$407.22M	900.00	0.41%	―	―	―

Zimplats Holdings Limited Corporate Events

Zimplats Reports Decreased Mining Volumes and 6E Metal Production for March 2025 Quarter

Zimplats Holdings Limited reported a challenging quarter ending March 31, 2025, with a notable decrease in mining and milling volumes due to equipment availability issues. Despite a slight improvement in 6E head grade year-on-year, production was affected by lower-grade ore and optimization works on the furnace and converters. The company saw a 16% year-on-year decrease in 6E metal in the final product, although there was an 8% increase from the prior quarter. Cash costs per 6E ounce also saw a reduction, reflecting cost management efforts. The company remains committed to safety improvements following six lost-time injuries during the period.