Ratings Tharisa plc

Equities

THA

CY0103562118

End-of-day quote Johannesburg S.E. Other stock markets 06:00:00 2024-05-05 pm EDT			5-day change	1st Jan Change
15.3 ^ZAR	-1.29%		-1.92%	+1.26%

Apr. 10	Tharisa plc Reports Operating Results for the Second Quarter and Six Months Ended March 31, 2024	CI
Apr. 10	Tharisa performs "well" in second quarter as platinum price stabilises	AN

Summary

Overall, and from a short-term perspective, the company presents an interesting fundamental situation.

Strengths

Its low valuation, with P/E ratio at 66.23 and 112.5 for the ongoing fiscal year and 2025 respectively, makes the stock pretty attractive with regard to earnings multiples.
The company shows low valuation levels, with an enterprise value at 6.98 times its sales.
The company appears to be poorly valued given its net asset value.
Over the last 4 months, analysts have significantly revised upwards the company's estimated sales.
For the last few months, EPS revisions have remained quite promising. Analysts now anticipate higher profitability levels than before.
Analysts' price targets are all relatively close, reflecting good visibility on the company's valuation.

Weaknesses

The company's currently anticipated earnings per share (EPS) growth for the next few years is a notable weakness.
For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.
For the last 12 months, analysts have been regularly downgrading their EPS expectations. Analysts predict worse results for the company against their predictions a year ago.
Most analysts recommend that the stock should be sold or reduced.
The average price target of analysts who are interested in the stock has been significantly revised downwards over the last four months.
Over the past twelve months, analysts' opinions have been revised negatively.
Sales estimates for the next fiscal years vary from one analyst to another. This clearly highlights a lack of visibility into the company's future activity.
The company's earnings releases usually do not meet expectations.

Ratings chart - Surperformance

Sector: Non-Gold Precious Metals & Minerals

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
THARISA PLC	+1.26%	251M		-
ANGLO AMERICAN PLATINUM LIMITED	-29.02%	9.48B		A-
ZIMPLATS HOLDINGS LIMITED	-22.59%	1.18B	-	-
JUBILEE METALS GROUP PLC	+13.18%	273M		C-
SYLVANIA PLATINUM LIMITED	-9.21%	227M		-
PLATINUM GROUP METALS LTD.	+24.67%	134M	-	-

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes