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Sibanye Stillwater (JSE:SSW) Intrinsic Value: Projected FCF : R55.25 (As of Apr. 27, 2024)


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What is Sibanye Stillwater Intrinsic Value: Projected FCF?

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2024-04-27), Sibanye Stillwater's Intrinsic Value: Projected FCF is R55.25. The stock price of Sibanye Stillwater is R22.19. Therefore, Sibanye Stillwater's Price-to-Intrinsic-Value-Projected-FCF of today is 0.4.

The historical rank and industry rank for Sibanye Stillwater's Intrinsic Value: Projected FCF or its related term are showing as below:

JSE:SSW' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.4   Med: 0.95   Max: 1.66
Current: 0.4

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Sibanye Stillwater was 1.66. The lowest was 0.40. And the median was 0.95.

JSE:SSW's Price-to-Projected-FCF is ranked better than
88.01% of 592 companies
in the Metals & Mining industry
Industry Median: 1.34 vs JSE:SSW: 0.40

Sibanye Stillwater Intrinsic Value: Projected FCF Historical Data

The historical data trend for Sibanye Stillwater's Intrinsic Value: Projected FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sibanye Stillwater Intrinsic Value: Projected FCF Chart

Sibanye Stillwater Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.99 13.53 36.24 51.43 55.25

Sibanye Stillwater Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Intrinsic Value: Projected FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 51.43 - 55.25 -

Competitive Comparison of Sibanye Stillwater's Intrinsic Value: Projected FCF

For the Gold subindustry, Sibanye Stillwater's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sibanye Stillwater's Price-to-Projected-FCF Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Sibanye Stillwater's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Sibanye Stillwater's Price-to-Projected-FCF falls into.



Sibanye Stillwater Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Sibanye Stillwater's Free Cash Flow(6 year avg) = R5,780.69.

Sibanye Stillwater's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Dec22)*0.8)/Shares Outstanding (Diluted Average)
=(14.862653310476*5780.6857142857+88101*0.8)/2830.781
=55.25

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Sibanye Stillwater  (JSE:SSW) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Sibanye Stillwater's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=22.19/55.248755614881
=0.40

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Sibanye Stillwater Intrinsic Value: Projected FCF Related Terms

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Sibanye Stillwater (JSE:SSW) Business Description

Traded in Other Exchanges
Address
Cnr 14th Avenue and Hendrik Potgieter Road, Bridgeview House, Building 11, Ground Floor, Lakeview Avenue, Constantia Office Park, Weltevreden Park, Roodepoort, GT, ZAF, 1709
Sibanye Stillwater Ltd is a South Africa-focused mining company. The Group currently owns and operates five underground and surface gold operations in South Africa: the Cooke, DRDGOLD, Driefontein, and Kloof operations in the West Witwatersrand region, and the Beatrix Operation in the southern Free State province. In addition to mining, the company owns and manages extraction and processing facilities at its operations, where gold-bearing ore is treated and beneficiated to produce gold dore. The gold dore is further refined at Rand Refinery into gold bars with a purity of at least 99.5% and is then sold on international markets. Sibanye holds a 44% interest in Rand Refinery, global refiners of gold, and the largest in Africa. Rand Refinery markets gold to customers around the world.

Sibanye Stillwater (JSE:SSW) Headlines

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