Impala Platinum (IMPUY) AI Stock Analysis

• Market Cap: $8.62B
• Dividend Yield: N/A
• Average Volume (3M): 30.74K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.10
• Revenue Growth: -6.98%
• EPS Growth: -109.86%
• Country: US
• Employees: 39,834
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Other Precious Metals
• EPS (TTM): 0.11
• Shares Outstanding: 904,368,470
• 10 Day Avg. Volume: 27,033
• 30 Day Avg. Volume: 30,740
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 0.51
• Enterprise Value/Revenue: 0.05
• Enterprise Value/Gross Profit: 4.83
• Enterprise Value/Ebitda: 0.57
• 1Y Price Target: $9.00
• Price Target Upside: -7.88% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 55 Neutral
• Price Target: $9.50 ▼(-2.76% Downside)

Impala Platinum's score reflects the significant financial challenges it faces, with declining revenue and profitability being the most significant factors. This is somewhat offset by a solid technical analysis score, suggesting mixed market sentiment. The negative P/E ratio further weighs on the overall score, indicating valuation concerns.

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 extraction, production, and sale of platinum group metals (PGMs). The company's revenue model is centered around mining operations at its various sites, including the Impala, Marula, and Two Rivers mines in South Africa, and the Zimplats operation in Zimbabwe. Implats processes the extracted ore to produce refined metals, which are then sold to customers across different sectors. A significant portion of revenue comes from the automotive industry, where PGMs are used in catalytic converters to reduce vehicle emissions. The company also benefits from strategic partnerships and joint ventures, which enhance its production capabilities and market reach. Additionally, fluctuations in metal prices on global commodities markets can significantly influence Implats' earnings.

Impala Platinum Financial Statement Overview

Summary

Impala Platinum faces significant financial challenges with declining revenue, profitability, and cash flow. Despite a strong balance sheet with low leverage, the negative income and cash flow trends pose serious challenges.

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
EBITDA	-11.29B	14.76B	47.31B	71.13B	27.62B
Net Income	-17.31B	4.91B	32.05B	47.03B	16.05B
Balance Sheet
Total Assets	132.96B	169.39B	156.09B	126.47B	95.86B
Cash, Cash Equivalents and Short-Term Investments	9.66B	26.84B	27.56B	24.48B	13.33B
Total Debt	3.34B	2.59B	1.21B	1.33B	8.98B
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: 9.77
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

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 9.77 is below the 20-day moving average (MA) of 10.00, above the 50-day MA of 9.08, and above the 200-day MA of 6.70, indicating a neutral trend. The MACD of 0.16 indicates Positive momentum. The RSI at 51.78 is Neutral, neither overbought nor oversold. The STOCH value of 12.48 is Positive, 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	78 Outperform	$9.98B	17.00	25.19%	1.09%	20.35%	20.44%
HL	73 Outperform	$3.88B	55.27	4.67%	0.48%	36.30%	―
DRD	72 Outperform	$1.39B	14.78	24.89%	1.74%	22.63%	28.96%
CDE	71 Outperform	$6.24B	34.89	9.88%	―	41.79%	―
Sector *	61 Neutral	$9.71B	7.09	-0.14%	3.12%	3.12%	-45.65%
IMPUY	55 Neutral	$8.62B	―	-16.57%	―	-6.98%	-109.86%
SBSW	54 Neutral	$6.25B	―	-15.89%	―	-0.71%	80.26%