
D/B/A Sibanye-Stillwater Limite SBSW
13.36 USD (+38.0%)
5 analysts
What does it do?
Sibanye-Stillwater is a diversified miner with operations in South Africa and the United States, focused on the extraction of platinum group metals (PGMs), gold, and, to a lesser extent, battery metals such as lithium and nickel.
Key points
from its scores- ✓Strong growth9.5
- ✓Attractive valuation9.3
- ✓Attractive dividend8.7
- ✕Unfavourable risk and backdrop3.9
- !Weak share-price trend5.1
AI analysis
bottom line, main risk, context and newsThe valuation is tempting, but the governance risk and the potential reversal of the commodity cycle warrant a prudent approach.
Sibanye-Stillwater presents solid financial fundamentals (ROIC 64.24%, ROE 34.73%, Net Debt/EBITDA 0.24) and a very attractive valuation (P/E 8.13, FCF yield 24.02%), but the governance risk in South Africa and the cyclical nature of metal prices weigh on its risk profile.
The main risk is governance and the operating environment in South Africa, including electricity supply instability (Eskom), labor disputes, and weak institutions, which can affect production and costs.
Context and risks
Sibanye-Stillwater primarily operates in South Africa, a country with weak institutional governance, risk of electricity supply disruption (Eskom), and recurrent labor disputes in the mining sector. Additionally, its exposure to platinum group metals (PGMs) and gold makes it sensitive to commodity price volatility and a strong US dollar, which pressures these metal prices.
Is D/B/A Sibanye-Stillwater Limite stock cheap or expensive?
at the analysis dateOn P/E and EV / EBITDA, it trades 68% below the Basic Materials median on average.
| Multiple | Company | Sector | Difference |
|---|---|---|---|
| P/E | 8.1 | 19.2 | −58% |
| EV / EBITDA | 2.1 | 10.0 | −79% |
| Price / book | 2.9 | 2.3 | +30% |
| Price / sales | 0.7 | 2.2 | −68% |
Sector: median of the 141 Basic Materials companies analysed. In bold, the multiples used for the comparison.
Valuation score: 9.3 out of 10 (median for Basic Materials: 5.8).
Average analyst target: 13.36 USD, +38.0% versus the price.
A discount may reflect more risk or slower growth than its sector: Financial health 8.2 (sector 7.1), Growth 9.5 (sector 6.8).
Classic formulas with standard assumptions (10.0% growth, 8-9% discount rate). Indicative only: they change a lot with the assumptions and are not a recommendation.
Work out its fair value yourself →How much would you have made investing every month? →
Comparing it with its sector does not say whether it is a good buy: this is not investment advice.
Score by category
0 to 10 · hover overtap each one to see what it measuresKey metrics
at the analysis date · compared with the Basic Materials medianValuation
- P/E
- 8.1
- Forward P/E
- 2.8
- EV / EBITDA
- 2.1
- Price / book
- 2.9
- Price / sales
- 0.7
- Market cap
- 7.0B USD
- Enterprise value
- 131.3B ZAR
Profitability
- ROE
- 34.7%
- ROA
- 15.2%
- ROIC (approx.)
- 64.2%
- Gross margin
- 29.8%
- Operating margin
- 29.9%
- Net margin
- 9.8%
- Free cash flow
- 28.0B ZAR
- FCF yield
- 24.0%
- Cash conversion
- 46%
Solvency
- Total debt
- 37.3B ZAR
- Net debt
- 14.9B ZAR
- Cash
- 22.4B ZAR
- EBITDA
- 61.2B ZAR
- Net debt / EBITDA
- 0.24
- Debt / equity
- 63.10
- Current ratio
- 2.72
- Quick ratio
- 1.35
Growth
- Revenue growth
- +64.3%
- EPS (TTM)
- 1.19 USD
- EPS (forward)
- 3.43 USD
Dividend
- Dividend yield
- 8.4%
- Payout
- 26.8%
Risk and market
- Beta
- 0.92
- Analyst consensus
- Buy (5)
- Target price
- 13.36 USD
- 52-week range
- 7.87 – 21.29
Recent news
All SBSW news →Compare it with its sector
All 141 in Basic Materials →Frequently asked questions about D/B/A Sibanye-Stillwater Limite
Is D/B/A Sibanye-Stillwater Limite stock cheap or expensive?
On P/E and EV / EBITDA, it trades 68% below the Basic Materials median on average. Valuation score: 9.3 out of 10 (median for Basic Materials: 5.8). Average analyst target: 13.36 USD, +38.0% versus the price. This is not investment advice.
What score does D/B/A Sibanye-Stillwater Limite get on MeridIAn Screener?
It scores 7.6 out of 10, rank 38 of 2,130 (better than 98% of the companies analysed). Its strongest category is Growth (9.5) and its weakest, Risk & Context (3.9). Analysis of 08/10/2026.
What is D/B/A Sibanye-Stillwater Limite's P/E ratio?
Its P/E is 8.1: the share price equals 8.1 times earnings per share over the last 12 months. The Basic Materials median is 19.2. Based on the earnings analysts expect, the forward P/E is 2.8.
How much is D/B/A Sibanye-Stillwater Limite worth on the stock market?
Its market capitalisation is 7.0B USD and its enterprise value, debt included, is 131.3B USD.
How much debt does D/B/A Sibanye-Stillwater Limite have?
Its net debt (debt minus cash) is 14.9B ZAR. That is 0.24 times its EBITDA; the Basic Materials median is 1.41.
Does D/B/A Sibanye-Stillwater Limite pay a dividend?
Yes: its dividend yield is 8.37% and it pays out 27% of its earnings.
How has D/B/A Sibanye-Stillwater Limite stock performed over the last year?
It has fallen 5.1% over the last year, excluding dividends. Over the last 52 weeks it has traded between 7.87 and 21.29 USD. Past performance does not guarantee future results.
What do analysts think of D/B/A Sibanye-Stillwater Limite?
5 analysts cover it; their average recommendation is “Buy” and their average target is 13.36 USD (+38.0% versus the price). It is an estimate, not market data.
