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African Rainbow Minerals Ltd AFBOF

Morningstar Rating
$10.36 +0.75 (7.75%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

AFBOF is trading at a 26% discount.
Price
$10.36
Fair Value
$34.62
Uncertainty
Very High
1-Star Price
$28.74
5-Star Price
$2.67
Economic Moat
Tjds
Capital Allocation
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Trading Information

Previous Close Price
$9.61
Day Range
$10.3610.36
52-Week Range
$7.4712.60
Bid/Ask
$9.33 / $9.98
Market Cap
$2.03 Bil
Volume/Avg
601 / 297

Key Statistics

Price/Earnings (Normalized)
5.55
Price/Sales
3.21
Dividend Yield (Trailing)
9.08%
Dividend Yield (Forward)
0.33%
Total Yield
9.29%

Company Profile

African Rainbow Minerals Ltd is a South African diversified mining and minerals company. The group has various operating divisions: platinum, ferrous, coal, copper, and corporate. In addition, African Rainbow Minerals has an investment in gold through its shareholding in Harmony. Ferrous is the group's largest division, contributing roughly half of group revenue, closely trailed by the platinum division. The platinum division includes the Two Rivers Platinum Mine as a 51% subsidiary and an interest in the Modikwa Platinum Mine. The ferrous division comprises Assmang as a 50% joint venture, which includes iron ore, manganese, and chrome operations.
Sector
Basic Materials
Industry
Other Industrial Metals & Mining
Stock Style Box
Small Value
Total Number of Employees
22,931

Comparables

Valuation

Metric
AFBOF
NPH
KIO
Price/Earnings (Normalized)
5.5513.596.67
Price/Book Value
0.751.722.86
Price/Sales
3.211.521.72
Price/Cash Flow
4.057.834.03
Price/Earnings
AFBOF
NPH
KIO

Financial Strength

Metric
AFBOF
NPH
KIO
Quick Ratio
3.811.511.69
Current Ratio
4.422.422.68
Interest Coverage
12.360.2165.93
Quick Ratio
AFBOF
NPH
KIO

Profitability

Metric
AFBOF
NPH
KIO
Return on Assets (Normalized)
10.73%5.76%25.42%
Return on Equity (Normalized)
13.85%11.00%49.27%
Return on Invested Capital (Normalized)
11.88%8.55%34.81%
Return on Assets
AFBOF
NPH
KIO
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