Impala Platinum (IMPUY) AI Stock Analysis

• Market Cap: $6.03B
• Dividend Yield: N/A
• Average Volume (3M): 13.11K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.63
• Revenue Growth: -6.98%
• EPS Growth: -109.86%
• Country: US
• Employees: 39,834
• Sector: Basic Materials
• Sector Strength: 59
• Industry: Other Precious Metals
• EPS (TTM): -1.01
• Shares Outstanding: 904,368,470
• 10 Day Avg. Volume: 39,333
• 30 Day Avg. Volume: 13,111
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.80
• Price to Cash Flow (P/CF): N/A
• P/FCF Ratio: 0.00
• 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

Impala Platinum's overall stock score reflects significant financial challenges, with negative revenue growth and losses. While the balance sheet is strong, the negative cash flow and lack of profitability are concerns. Technical analysis suggests some short-term momentum, but valuation metrics, especially the negative P/E ratio, highlight underlying financial issues.

Impala Platinum Business Overview & Revenue Model

Company Description

Impala Platinum Holdings Limited engages in mining, processing, refining, and marketing platinum group metals (PGMs). The company produces platinum, palladium, rhodium, cobalt, and nickel, as well as chrome. It has operations on the PGM-bearing ore bodies, including the Bushveld Complex located in South Africa; and the Great Dyke situated in Zimbabwe. The company also owns and operates the Lac des Iles Mine located northwest of Thunder Bay, Ontario, Canada. Impala Platinum Holdings Limited is headquartered in Sandton, South Africa.

How the Company Makes Money

Implats generates revenue primarily through the sale of platinum group metals, with platinum being the most significant contributor, followed by palladium and rhodium. The company operates a vertically integrated business model, owning and managing the entire value chain from mining and refining to marketing and sales of PGMs. Implats supplies these metals to a global customer base, including automotive manufacturers for catalytic converters, jewelry makers, and other industrial sectors. The company's earnings are significantly influenced by global demand for PGMs, metal prices, and currency fluctuations. Strategic partnerships and joint ventures, such as those in Zimbabwe, also play a role in enhancing production capabilities and expanding market reach.

Impala Platinum Financial Statement Overview

Summary

Impala Platinum faces significant financial headwinds with declining revenue, profitability, and cash flow. The balance sheet is strong with low leverage, but negative income and cash flow trends pose challenges. Operational inefficiencies need addressing to return to profitability.

Income Statement

Impala Platinum's income statement reveals a challenging period with declining revenue and profitability. The company experienced a significant drop in total revenue from 106.59 billion to 86.40 billion, marking a negative revenue growth rate of approximately -18.91%. The net income turned negative, resulting in a net profit margin of -20.04% for the latest period. Additionally, both EBIT and EBITDA margins suffered, with EBITDA turning negative, indicating operational inefficiencies or increased costs.

Balance Sheet

The balance sheet indicates a relatively strong financial position with a debt-to-equity ratio of 0.04, suggesting low leverage. The equity ratio is 68.76%, highlighting a solid capital structure with a significant portion of assets financed by equity. However, the decrease in stockholders' equity from the previous period and the net income loss raises concerns about future returns and stability.

Cash Flow

Cash flow analysis shows a decline in operating cash flow from 23.57 billion to 6.94 billion, and free cash flow turned negative at -7.04 billion, highlighting liquidity and cash management challenges. The operating cash flow to net income ratio is negative due to the net loss, and the significant decrease in free cash flow suggests potential issues in sustaining capital expenditures and financing operations.

Breakdown
Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
86.40B	106.59B	118.33B	129.57B	69.85B
	Gross Profit
5.47B	22.34B	41.28B	53.45B	23.27B
	EBIT
3.40B	21.50B	40.70B	52.82B	24.03B
	EBITDA
-11.29B	14.76B	47.31B	71.13B	27.62B
	Net Income Common Stockholders
-17.31B	4.91B	32.05B	47.03B	16.05B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
9.66B	26.84B	27.56B	24.48B	13.33B
	Total Assets
132.96B	169.39B	156.09B	126.47B	95.86B
	Total Debt
3.34B	2.59B	1.21B	1.33B	8.98B
	Net Debt
-6.29B	-24.23B	-25.30B	-22.15B	-4.35B
	Total Liabilities
36.33B	43.35B	36.80B	35.80B	31.31B
	Stockholders Equity
91.40B	114.85B	114.70B	87.83B	61.88B
Cash Flow		Free Cash Flow
-7.04B	10.90B	25.97B	35.57B	12.87B
	Operating Cash Flow
6.94B	23.57B	34.94B	41.83B	17.12B
	Investing Cash Flow
-11.05B	-9.87B	-16.56B	-4.75B	-12.16B
	Financing Cash Flow
-12.90B	-14.32B	-15.90B	-26.07B	-576.00M

Impala Platinum Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 6.74
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IMPUY, the sentiment is Positive. The current price of 6.74 is above the 20-day moving average (MA) of 6.20, above the 50-day MA of 5.95, and above the 200-day MA of 5.55, indicating a bullish trend. The MACD of 0.11 indicates Negative momentum. The RSI at 59.99 is Neutral, neither overbought nor oversold. The STOCH value of 98.02 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IMPUY.

Impala Platinum Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HMY	76 Outperform	$10.97B	18.94	25.19%	0.60%	20.35%	20.44%
DRD	72 Outperform	$1.40B	15.25	24.89%	1.27%	22.63%	28.96%
CDE	71 Outperform	$3.85B	41.90	5.49%	―	27.30%	―
HL	67 Neutral	$3.67B	102.65	1.79%	0.65%	29.12%	―
IMPUY	55 Neutral	$6.03B	―	-16.57%	―	-6.98%	-109.86%
Sector *	48 Neutral	$1.91B	-1.65	-22.29%	3.86%	0.68%	-27.46%
SBSW	47 Neutral	$3.42B	―	-15.89%	―	-0.71%	80.26%