# D/B/A Sibanye-Stillwater Limited ADS (SBSW) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Basic Materials / Metals & Mining. Price $12.79, market value $9.3 billion.

## Valuation
- **P/E (trailing): 10.2×** (5-yr avg 1.2×). D/B/A Sibanye-Stillwater Limited ADS trades at 10.2× trailing earnings, well above its own five-year average of 1.2×: investors are paying up relative to the company's past. The Basic Materials median in the September 2026 study was 19.0×. Forward P/E is 5.7×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 1.1×**. Each dollar of revenue is priced at 1.1×.
- **Price / book: 7.3×**. The shares trade at 7.3× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 13.8×**. Enterprise value is 13.8× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 0.7%** (5-yr avg -31.4%). Free cash flow equals 0.7% of the market value, above its five-year average of -31.4%, so the shares are cheaper on cash than they have usually been.
- **Earnings yield: 9.9%**. The inverse of the P/E: 9.9% of the price is earned each year.

## Profitability
- **Gross margin: 23.7%**. D/B/A Sibanye-Stillwater Limited ADS keeps 23.7% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: 19.3%**. 19.3% of revenue is left after running the business, a healthy level in most sectors.
- **Net margin: -4.0%**. The company reported a net loss over the last twelve months.
- **Return on equity: -13.1%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: 37.8%**. Return on all capital, debt included, is 37.8%: comfortably above what that capital costs.
- **Return on assets: -3.5%**. Each dollar of assets produces -3.5% of profit.

## Growth
- **Revenue growth (1 yr): 15.6%** (3-yr -2.1%/yr, 5-yr 0.4%/yr). Revenue grew 15.6% over the last year, against 0.4% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): -183.7%**. Earnings per share fell 183.7%, slower than revenue, so margins compressed.

## Financial health
- **Debt to equity: 1.11**. Debt is 1.11 times equity, a leveraged balance sheet that needs steady cash flow to service.
- **Net debt / EBITDA: 2.1×**. It would take 2.1 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: 6.8×**. Operating profit covers interest 6.8× over, a safe margin.
- **Current ratio: 1.78** (quick 0.86). Current assets cover the next year's liabilities 1.78 times.
- **Altman Z-score: 2.05**. A Z-score of 2.05 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 6.33%** ($0.81 per share, trailing). D/B/A Sibanye-Stillwater Limited ADS yields 6.33%, high enough to check carefully: yields this high often precede a cut.

## Analyst view
- **Analyst consensus: buy** (5 analysts). 5 analysts cover D/B/A Sibanye-Stillwater Limited ADS; the consensus is buy, with an average price target of $13.14 (+3% 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): 62.9%** (YTD -7.6%, 3-mo 26.4%). The shares are up 62.9% over twelve months including dividends.
- **From 52-week high: -39.9%** (62.5% above the low). Trading 40% below its 52-week high, deep in a drawdown.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 66**. An RSI of 66 is neutral.
- **Beta (1 yr): 2.37** (volatility 68%). Beta of 2.37 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=SBSW · Page: https://foliofundamentals.com/stocks/sbsw

Not investment advice.