Impala Platinum (IMPUY) AI Stock Analysis

• Market Cap: $11.35B
• Dividend Yield: 0.75%
• Average Volume (3M): 22.90K
• Price to Earnings (P/E): 268.8
• Beta (1Y): 0.79
• Revenue Growth: 1.91%
• EPS Growth: N/A
• Country: US
• Employees: 39,834
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Other Precious Metals
• EPS (TTM): -0.07
• Shares Outstanding: 904,368,470
• 10 Day Avg. Volume: 68,695
• 30 Day Avg. Volume: 22,898
• PEG Ratio: -1.80
• Price to Book (P/B): 1.56
• Price to Sales (P/S): 1.67
• P/FCF Ratio: 281.10
• Enterprise Value/Market Cap: 0.69
• Enterprise Value/Revenue: 0.09
• Enterprise Value/Gross Profit: 3.22
• Enterprise Value/Ebitda: 0.82
• 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: 63 Neutral
• Price Target: $13.50 ▲(14.31% Upside)

Impala Platinum's overall score is driven by strong technical indicators and a cautiously optimistic earnings call. However, high valuation concerns and mixed financial performance, particularly in profitability and cash flow management, weigh down the score.

Positive Factors

Revenue Growth

Strong revenue growth indicates robust demand for Impala Platinum's products, enhancing its market position and supporting long-term business expansion.

Cost Control and Efficiency

Effective cost management improves profitability margins and operational efficiency, ensuring sustainable financial performance over time.

Strong Cash Position

A strong cash position provides financial flexibility for future investments, debt reduction, and potential shareholder returns, supporting long-term stability.

Negative Factors

Declining Profitability Margins

Declining profitability margins suggest increased costs or pricing pressures, which can impact long-term financial health and shareholder returns.

Safety and Fatalities

Safety issues can lead to operational disruptions and increased regulatory scrutiny, affecting long-term operational efficiency and reputation.

Processing and Inventory Challenges

Processing challenges and inventory buildup can strain cash flow and operational efficiency, impacting the company's ability to meet market demand.

Impala Platinum Business Overview & Revenue Model

Company Description

Impala Platinum Holdings Limited (IMPUY) is a leading global producer of platinum and other platinum group metals (PGMs) based in South Africa. The company primarily operates in the mining sector, focusing on the extraction and processing of platinum, palladium, rhodium, and other precious metals. Impala Platinum's operations include underground and surface mining, as well as refining and marketing its products to various industries, including automotive, jewelry, and electronics.

How the Company Makes Money

Impala Platinum generates revenue primarily through the sale of platinum and other PGMs. The company's revenue model is largely dependent on the global prices of these metals, which are influenced by market demand, industrial usage, and investment trends. Key revenue streams include the direct sale of mined metals, refining services, and by-product sales from mining operations. Furthermore, Impala Platinum has established significant partnerships with various automotive manufacturers and industrial clients, which help secure consistent demand for its products. The company also invests in optimizing its operational efficiency and exploring new mining projects, contributing to its overall earnings.

Impala Platinum Financial Statement Overview

Summary

Impala Platinum shows strong revenue growth but faces challenges with declining profit margins and cash flow management. The balance sheet is robust with low leverage, but declining return on equity indicates reduced efficiency.

Income Statement

Impala Platinum's income statement shows a mixed performance. The company experienced a significant revenue growth rate of 24.2% in the most recent year, indicating strong sales performance. However, the gross profit margin and net profit margin have declined over the years, reflecting increased costs or pricing pressures. The EBIT and EBITDA margins have also shown volatility, suggesting fluctuating operational efficiency.

Balance Sheet

The balance sheet of Impala Platinum is relatively strong, with a low debt-to-equity ratio indicating conservative leverage. The equity ratio is healthy, showing a solid capital structure. However, the return on equity has decreased significantly, pointing to reduced profitability from shareholders' investments.

Cash Flow

Cash flow analysis reveals challenges, with a negative free cash flow growth rate indicating potential liquidity issues. The operating cash flow to net income ratio is strong, suggesting good cash generation relative to earnings. However, the free cash flow to net income ratio has been inconsistent, highlighting potential cash management concerns.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	85.46B	85.46B	86.40B	106.59B	118.33B	129.57B
Gross Profit	2.44B	2.44B	5.47B	22.34B	41.28B	53.45B
EBITDA	9.62B	10.03B	-10.52B	14.76B	47.31B	71.13B
Net Income	761.00M	761.00M	-17.31B	4.91B	32.05B	47.03B
Balance Sheet
Total Assets	135.86B	135.86B	132.96B	169.39B	156.09B	126.47B
Cash, Cash Equivalents and Short-Term Investments	11.67B	11.67B	9.66B	26.84B	27.56B	24.48B
Total Debt	3.79B	3.79B	3.34B	2.59B	1.21B	1.33B
Total Liabilities	39.24B	39.24B	36.33B	43.35B	36.80B	35.80B
Stockholders Equity	91.56B	91.56B	91.40B	114.85B	114.70B	87.83B
Cash Flow
Free Cash Flow	1.36B	509.00M	-7.04B	10.90B	25.97B	35.57B
Operating Cash Flow	8.22B	7.37B	6.94B	23.57B	34.94B	41.83B
Investing Cash Flow	-5.91B	-5.05B	-11.05B	-9.87B	-16.56B	-4.75B
Financing Cash Flow	-230.00M	-230.00M	-12.90B	-14.32B	-15.90B	-26.07B

Impala Platinum Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 11.81
• 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 11.81 is above the 20-day moving average (MA) of 11.57, below the 50-day MA of 11.91, and above the 200-day MA of 8.95, indicating a bullish trend. The MACD of 0.31 indicates Negative momentum. The RSI at 60.32 is Neutral, neither overbought nor oversold. The STOCH value of 81.73 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
DRD	79 Outperform	$2.50B	20.24	28.10%	1.37%	30.05%	73.40%
HMY	77 Outperform	$11.04B	13.94	32.05%	1.00%	29.08%	72.12%
HL	75 Outperform	$11.74B	57.71	8.88%	0.09%	45.61%	―
IMPUY	63 Neutral	$11.35B	268.82	0.86%	0.75%	1.91%	―
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
GROY	59 Neutral	$727.03M	―	-1.14%	―	86.30%	74.16%
SBSW	58 Neutral	$9.05B	―	-8.31%	―	6.27%	93.14%

Impala Platinum Corporate Events

Impala Platinum’s Earnings Call: Optimism Amid Challenges

The recent earnings call of Impala Platinum (Implats) painted a picture of both triumph and challenge. The overall sentiment was optimistic, driven by strong cost control, a robust cash position, and significant operational achievements. However, the company also faced notable concerns, including safety incidents, processing challenges, and workforce reductions.

Impala Platinum’s 2025 Financial Performance and Strategy

Impala Platinum Holdings Limited, commonly known as Implats, is a leading producer of platinum group metals (PGMs) with mining operations located in South Africa, Zimbabwe, and Canada. The company is primarily involved in the extraction and refining of PGMs, maintaining a primary listing on the Johannesburg Stock Exchange (JSE) and secondary listings on South Africa’s A2X and the United States’ American Depositary Receipt program.