What is the stock price of ssw h

First half 2022 results: EPS: R4.26 (down from R8.43 in 1H 2021). Revenue: R70.4b (down 22% from 1H 2021). Net income: R12.0b (down 52% from 1H 2021). Profit margin: 17% (down from 28% in 1H 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to decline by 1.7% while the Metals and Mining industry in South Africa is not expected to grow. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.

The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from R144.3b to R142.1b. EPS estimate also fell from R10.31 per share to R9.18 per share. Net income forecast to shrink 15% next year vs 5.3% decline forecast for Metals and Mining industry in South Africa. Consensus price target broadly unchanged at R62.28. Share price rose 4.4% to R41.14 over the past week.

The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from R144.7b to R140.7b. EPS estimate also fell from R10.71 per share to R9.59 per share. Net income forecast to shrink 15% next year vs 4.5% decline forecast for Metals and Mining industry in South Africa. Consensus price target broadly unchanged at R62.72. Share price was steady at R39.64 over the past week.

Up from R63.88, the current price target is an average from 11 analysts. New target price is 93% above last closing price of R39.42. Stock is down 32% over the past year. The company is forecast to post earnings per share of R10.20 for next year compared to R11.40 last year.

Sibanye Stillwater Limited provided earnings guidance for the six months ended 30 June 2022. The Group advises that Earnings per share (EPS) and Headline earnings per share (HEPS) for H1 2022, are expected to be between ZAR 402 cents (26 US cents) and ZAR 447 cents (29 US cents) compared with EPS and HEPS of ZAR 843 cents (58 US cents) for H1 2021, representing a decline of 47% to 52% compared to H1 2021.

Over the last 90 days, the stock is down 13%. The fair value is estimated to be R53.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 45% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 4.1% per annum. Earnings is also forecast to decline by 4.3% per annum over the same time period.