Valterra Platinum (VAL) Stock Overview
Engages in the production and supply of platinum group metals, base metals, and precious metals in South Africa, Asia, Europe, North America, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 5/6 |
| Past Performance | 4/6 |
| Financial Health | 5/6 |
| Dividends | 2/6 |
VAL Community Fair Values
Create NarrativeSee what 55 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Valterra Platinum Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | R1,183.66 |
| 52 Week High | R1,930.72 |
| 52 Week Low | R706.76 |
| Beta | 0.95 |
| 1 Month Change | -18.83% |
| 3 Month Change | -25.18% |
| 1 Year Change | 55.95% |
| 3 Year Change | 7.87% |
| 5 Year Change | -28.36% |
| Change since IPO | 1,923.35% |
Recent News & Updates
Narrative Update • Jun 03
VAL: Trimmed Growth And Margin Assumptions Will Pressure Future Earnings Multiple
Analysts have trimmed their price target on Valterra Platinum from ZAR 8,000 to ZAR 7,890, citing updated assumptions for revenue growth, profit margins, discount rate, and future P/E following recent mixed research commentary. Analyst Commentary Recent research has highlighted a more cautious tone around Valterra Platinum, with the latest price target revisions reflecting updated assumptions on growth, profitability, and valuation multiples.
Narrative Update • May 20
VAL: Dividend Windfall And Stable Margins Will Support Future Returns
Analysts have trimmed their ZAR price target on Valterra Platinum to reflect a slightly lower assumed discount rate and more moderate future P/E expectations, while still incorporating steady revenue growth and profit margin assumptions. Analyst Commentary Recent Street research on Valterra Platinum points to mixed views on valuation, with a group of bullish analysts highlighting potential upside drivers for the stock.
Narrative Update • May 05
VAL: Future Returns Will Hinge On Production Delivery And Dividend Discipline
Analysts have trimmed their price target on Valterra Platinum by ZAR10 to reflect updated assumptions for slightly lower revenue growth, a higher discount rate, improved profit margins and a reduced future P/E multiple, in line with recent mixed Street research that includes both a target cut and an upgrade. Analyst Commentary Recent research captures a mixed but focused view on Valterra Platinum, with one camp adjusting price targets lower and another shifting to a more positive stance.Recent updates
Narrative Update • Jun 03
VAL: Trimmed Growth And Margin Assumptions Will Pressure Future Earnings Multiple
Analysts have trimmed their price target on Valterra Platinum from ZAR 8,000 to ZAR 7,890, citing updated assumptions for revenue growth, profit margins, discount rate, and future P/E following recent mixed research commentary. Analyst Commentary Recent research has highlighted a more cautious tone around Valterra Platinum, with the latest price target revisions reflecting updated assumptions on growth, profitability, and valuation multiples.Narrative Update • May 20
VAL: Dividend Windfall And Stable Margins Will Support Future Returns
Analysts have trimmed their ZAR price target on Valterra Platinum to reflect a slightly lower assumed discount rate and more moderate future P/E expectations, while still incorporating steady revenue growth and profit margin assumptions. Analyst Commentary Recent Street research on Valterra Platinum points to mixed views on valuation, with a group of bullish analysts highlighting potential upside drivers for the stock.Narrative Update • May 05
VAL: Future Returns Will Hinge On Production Delivery And Dividend Discipline
Analysts have trimmed their price target on Valterra Platinum by ZAR10 to reflect updated assumptions for slightly lower revenue growth, a higher discount rate, improved profit margins and a reduced future P/E multiple, in line with recent mixed Street research that includes both a target cut and an upgrade. Analyst Commentary Recent research captures a mixed but focused view on Valterra Platinum, with one camp adjusting price targets lower and another shifting to a more positive stance.Narrative Update • Apr 21
VAL: Dividend Windfall And Rising EPS Guidance Will Support Future Returns
Analysts have kept their ZAR 2,160 price target for Valterra Platinum unchanged, citing slightly adjusted assumptions for the discount rate, revenue growth, profit margin and future P/E following recent research updates. Analyst Commentary Recent research indicates that bullish analysts see the reaffirmed ZAR 2,160 price target as supported by refreshed assumptions around discount rates, revenue growth, profit margins and future P/E, rather than as a placeholder target.Narrative Update • Apr 07
VAL: Dividend Windfall And Higher EPS Will Support Future Returns
Analysts have revised their ZAR price target on Valterra Platinum to ZAR2,160, reflecting updated views on revenue growth, profit margins and the appropriate P/E multiple following recent Street research. Analyst Commentary Bullish analysts point to the revised ZAR2,160 price target as a key marker of confidence in Valterra Platinum's ability to align revenue trends, profit margins and its P/E multiple with updated Street expectations.Narrative Update • Mar 24
VAL: Dividend Windfall And Higher Earnings Guidance Will Drive Future Returns
Analysts have kept the Valterra Platinum price target steady at ZAR2,160.00, highlighting updated assumptions around a ZAR18.44% discount rate, ZAR13.90% revenue growth, a ZAR29.78% profit margin and an ZAR18.37x future P/E as the key drivers behind the refreshed view. What's in the News The board approved a special cash dividend of ZAR5,300m, equal to ZAR20.00 per share, for the year ended 31 December 2025, with payment scheduled for 30 March 2026 on the JSE and 15 April 2026 on the LSE (Key Developments).Narrative Update • Mar 09
VAL: Dividend Windfall And Higher EPS Will Face Compressed Future Multiple
Analysts have left their Valterra Platinum fair value estimate unchanged at ZAR689. The latest price target update reflects a lower assumed discount rate, a higher profit margin and a reduced future P/E multiple.Narrative Update • Feb 23
VAL: Fair Value Will Hinge On Execution Of Production And Margin Guidance
The analyst price target for Valterra Platinum has shifted from ZAR1,050.28 to ZAR1,480.70, with analysts citing updated assumptions for revenue growth, profit margins, discount rate and future P/E as the key drivers of this change. What's in the News Valterra Platinum issued production guidance for 2026, with Platinum Group Metals mined and contained (M&C) and refined volumes each expected in a range of 3.0 Moz to 3.4 Moz.Narrative Update • Feb 08
VAL: Higher Earnings Guidance Will Support Stronger Future Profitability
Analysts have raised their price target for Valterra Platinum from $1,050 to $2,160, citing updated assumptions regarding fair value, discount rate, revenue growth, profit margin, and future P/E expectations. What's in the News Reported fourth quarter 2025 total mining and concentrating PGM production of 880,200 ounces compared with 875,700 ounces in the prior year quarter, with total refined production of 1,296,700 ounces compared with 1,210,700 ounces (company announcement of operating results).Narrative Update • Jan 25
VAL: Higher Output Guidance Will Later Meet Softer Earnings Multiple
Analysts have nudged their price target on Valterra Platinum slightly higher to $689, reflecting tweaked assumptions around a marginally higher discount rate, stronger modeled revenue growth, a modestly softer profit margin, and a slightly lower future P/E multiple. What's in the News Valterra Platinum issued earnings guidance for the twelve months ending December 31, 2025, with basic EPS projected in a range of 5,522 cents to 6,055 cents per share, compared with 2,683 cents per share in the prior period (Corporate guidance).Narrative Update • Jan 11
VAL: Higher Production Guidance Will Mask Weaker Future P/E Upside
Analysts have lifted their price target for Valterra Platinum from $552 to $689, citing updated assumptions for revenue growth, profit margins, and a lower future P/E multiple that together reshape their view of the stock's potential value. What's in the News Valterra Platinum reaffirmed its 2025 production guidance for Amandelbult at 450,000 to 480,000 PGM ounces, indicating the company still expects to meet its previously communicated full year targets (Corporate Guidance).Narrative Update • Dec 14
VAL: Shares Will Face Pressure As Raised Price Goal Masks Execution Risks
Analysts have raised their price target for Valterra Platinum from £26.00 to £32.00, reflecting slightly higher projected revenue growth, modestly improved profit margins, and a somewhat richer assumed future P E multiple despite a marginally higher discount rate. Analyst Commentary Recent Street research reflects a nuanced stance on Valterra Platinum, with the higher price target indicating recognition of improved fundamentals even as caution remains on the shares.Narrative Update • Nov 30
VAL: Shares Will Face Pressure Amid Sustainability Concerns Despite Recent Stock Rally
Analysts have increased their price target for Valterra Platinum from £26.00 to £32.00 per share. They cite a modest improvement in revenue growth expectations and updated model assumptions as the reasons for this adjustment.Narrative Update • Nov 16
VAL: Focus Will Shift To Execution As Profit Margins Forecast To Improve
Narrative Update on Valterra Platinum Analysts have raised Valterra Platinum's target price from £26.00 to £32.00. Improved profit margin forecasts and higher anticipated revenue growth were cited as key drivers behind the upgrade.Narrative Update • Nov 02
VAL: Price Rally Will Face Risks From Ongoing Competitive Pressures
Narrative Update: Valterra Platinum Analyst Price Target Revised Valterra Platinum's analyst price target has increased by £600 to £3,200 per share. Analysts cite higher fair value estimates and stable profit margins as key drivers for their updated outlook.Narrative Update • Oct 18
Clean Energy Trends Will Expand PGM Catalyst Potential
Valterra Platinum's analyst price target has increased from £8.76 to £9.38, reflecting analysts' more positive outlook based on higher projected revenue growth and improved profit margins. Analyst Commentary Analyst updates for Valterra Platinum reveal a mix of caution and optimism following recent adjustments to price targets.Narrative Update • Oct 04
Clean Energy Trends Will Expand PGM Catalyst Potential
Valterra Platinum's analyst price target has risen from £832.91 to £875.64. This reflects analysts' expectations for improved profit margins, despite slightly softer revenue growth forecasts.Narrative Update • Sep 19
Clean Energy Trends Will Expand PGM Catalyst Potential
Valterra Platinum’s modest price target increase to ZAR832.91 reflects analysts’ confidence in improved operational efficiency, robust platinum demand, and management’s consistent delivery, despite ongoing macroeconomic uncertainties. Analyst Commentary Improved operational efficiency and cost controls highlighted as supporting factors for modest target increases, despite a cautious outlook.Narrative Update • Sep 04
Clean Energy Trends Will Expand PGM Catalyst Potential
Valterra Platinum’s consensus price target was modestly reduced to ZAR805.20 as analysts balanced ongoing operational strength with caution over post-spinout headwinds and lingering sector risks. Analyst Commentary Bullish analysts cited continued strong performance post-spinout despite minor target reductions.Analysis Article • Jun 16
Here's What's Concerning About Valterra Platinum's (JSE:VAL) Returns On Capital
If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...
New Narrative • Feb 23
Der Brochen And Mogalakwena Developments Will Improve Future PGM Efficiency
The demerger from Anglo American Group and operational focus could enhance profitability and earnings through improved efficiency and cost management.Shareholder Returns
| VAL | ZA Metals and Mining | ZA Market | |
|---|---|---|---|
| 7D | -12.3% | -9.6% | -2.7% |
| 1Y | 55.9% | 34.2% | 12.7% |
Return vs Industry: VAL exceeded the ZA Metals and Mining industry which returned 34.2% over the past year.
Return vs Market: VAL exceeded the ZA Market which returned 12.7% over the past year.
Price Volatility
| VAL volatility | |
|---|---|
| VAL Average Weekly Movement | 8.4% |
| Metals and Mining Industry Average Movement | 8.1% |
| Market Average Movement | 5.0% |
| 10% most volatile stocks in ZA Market | 10.6% |
| 10% least volatile stocks in ZA Market | 3.1% |
Stable Share Price: VAL's share price has been volatile over the past 3 months compared to the ZA market.
Volatility Over Time: VAL's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of ZA stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1946 | 19,579 | Craig Miller | www.valterraplatinum.com |
Valterra Platinum Limited engages in the production and supply of platinum group metals, base metals, and precious metals in South Africa, Asia, Europe, North America, and internationally. The company produces platinum, palladium, rhodium, ruthenium, iridium, and osmium; and nickel, copper, cobalt sulphate, and chrome, as well as gold and sodium sulphate. It also provides fuel cell electric vehicles.
Valterra Platinum Limited Fundamentals Summary
| VAL fundamental statistics | |
|---|---|
| Market cap | R310.18b |
| Earnings (TTM) | R15.42b |
| Revenue (TTM) | R116.33b |
20.1x
P/E Ratio2.7x
P/S RatioIs VAL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| VAL income statement (TTM) | |
|---|---|
| Revenue | R116.33b |
| Cost of Revenue | R87.73b |
| Gross Profit | R28.60b |
| Other Expenses | R13.18b |
| Earnings | R15.42b |
Last Reported Earnings
Dec 31, 2025
Next Earnings Date
Jul 29, 2026
| Earnings per share (EPS) | 58.84 |
| Gross Margin | 24.58% |
| Net Profit Margin | 13.26% |
| Debt/Equity Ratio | 4.1% |
How did VAL perform over the long term?
See historical performance and comparisonDividends
3.8%
Current Dividend Yield43%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/07 05:36 |
| End of Day Share Price | 2026/06/05 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Valterra Platinum Limited is covered by 25 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Gerhard Engelbrecht | Absa Bank Limited |
| Richard Hart | Arqaam Capital Research Offshore S.A.L. |
| Sebastian Bell | Avior Capital Markets |