# AfriTin Mining Limited (ATM.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Basic Materials / Metals & Mining. Price 6p, market value 142 millionp.

## Valuation
- **P/E (trailing): n/a** (negative earnings). AfriTin Mining Limited reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 4.7×**. Each dollar of revenue is priced at 4.7×.
- **Price / book: 5.4×**. The shares trade at 5.4× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **Free-cash-flow yield: -2.4%** (5-yr avg -0.3%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.

## Profitability
- **Gross margin: 25.7%**. AfriTin Mining Limited keeps 25.7% of revenue after the direct cost of what it sells.
- **Operating margin: 0.4%**. 0.4% of revenue is left after running the business, which leaves little cushion in a downturn.
- **Net margin: -35.6%**. The company reported a net loss over the last twelve months.
- **Return on equity: -45.9%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: 0.4%**. Return on all capital, debt included, is 0.4%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -12.1%**. Each dollar of assets produces -12.1% of profit.

## Growth
- **Revenue growth (1 yr): 26.4%** (3-yr 45.2%/yr, 5-yr 43.3%/yr). Revenue grew 26.4% over the last year, against 43.3% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -15.0%**. Earnings per share fell 15.0%, slower than revenue, so margins compressed.

## Financial health
- **Debt to equity: 0.87**. Debt is 0.87 times equity, moderate leverage.
- **Net debt / EBITDA: 29.1×**. It would take 29.1 years of operating earnings to repay net borrowings, above the 3× level most lenders treat as comfortable.
- **Interest coverage: 0.0×**. Operating profit covers interest only 0.0×: fragile.
- **Current ratio: 0.65** (quick 0.46). Current liabilities exceed current assets, so the company depends on ongoing cash generation or refinancing to pay the next year's bills.
- **Altman Z-score: 1.88**. A Z-score of 1.88 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. AfriTin Mining Limited does not currently pay a dividend, but it returned -3.9% of its market value through buybacks over the last year.

## Analyst view
- **Analyst consensus: strong_buy** (2 analysts). 2 analysts cover AfriTin Mining Limited; the consensus is strong_buy, with an average price target of 19p (+201% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 87.0%** (YTD 84.3%, 3-mo 74.2%). The shares are up 87.0% over twelve months including dividends.
- **From 52-week high: -2.3%** (148.1% above the low). Trading within 5% of its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 72**. An RSI of 72 is in overbought territory; short-term pullbacks are common from here.
- **Beta (1 yr): 0.58** (volatility 56%). Beta of 0.58 against the FTSE All-Share: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=ATM.L · Page: https://foliofundamentals.com/stocks/atm.l

Not investment advice.
