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Valterra Platinum Limited (JSE:VAL)
South Africa flag South Africa · Delayed Price · Currency is ZAR · Price in ZAc
115,159
-2,013 (-1.72%)
Nov 6, 2026, 5:05 PM SAST

Valterra Platinum Financials Overview

Millions ZAR. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
155,804116,330108,987124,583164,090214,568
Revenue Growth
33.93%6.74%-12.52%-24.08%-23.52%99.10%
Gross Profit
54,37828,59618,25521,09370,610105,159
Operating Income
51,18024,09715,87018,37868,807103,398
Net Income
36,44415,4207,05913,04049,15378,978
Earnings Per Share
137.9758.4426.7849.47186.49299.76
EPS Growth
136.09%118.22%-45.87%-73.47%-37.79%160.23%

Revenue by Segment
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Mined - Amandelbult Mine
28,81719,18920,34023,86632,88941,662
Mined - Mototolo Platinum Mine (Incl. Mototolo Mine)
12,7469,5017,3677,84310,63813,290
Mined - Unki Mine
10,5158,0597,4868,5339,19810,008
Mined - Modikwa Mine
6,2354,6234,0414,4595,9527,285
Tolling and Purchased Metals
53,67140,76339,83240,60553,31470,098
Trading
9308864658541,5101,136
Mined - Mogalakwena Mine
-33,30928,72832,10140,35256,001
Mined - Kroondal Platinum Mine
--7286,32210,23715,088
Total
155,804116,330108,987124,583164,090214,568

Cash & Debt
Chart
Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
28,14616,60225,42324,35329,59351,483
Total Debt
3,3235,2678,6577,631458612
Net Cash (Debt)
24,82311,33516,76616,72229,13550,871
Net Cash Growth
118.99%-32.39%0.26%-42.60%-42.73%165.67%
Net Cash Per Share
93.9842.9563.6163.43110.54193.08

Cash Flow & CapEx
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
58,50228,85326,83216,55445,35896,486
Capital Expenditures
-16,937-17,319-18,972-20,892-16,896-13,631
Free Cash Flow
41,56511,5347,860-4,33828,46282,855
Free Cash Flow Growth
260.37%46.74%---65.65%503.50%

Margins
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
34.90%24.58%16.75%16.93%43.03%49.01%
Operating Margin
32.85%20.71%14.56%14.75%41.93%48.19%
Pretax Margin
32.69%19.16%8.88%14.54%40.69%50.48%
Profit Margin
23.39%13.26%6.48%10.47%29.95%36.81%
FCF Margin
26.68%9.92%7.21%-3.48%17.34%38.62%

Dividends
Chart
Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
80.00025.00012.75021.30075.000119.000
Dividend Per Share Growth
56.25%96.08%-40.14%-71.60%-36.98%161.08%
Dividend Yield
6.95%1.77%2.24%2.21%5.28%6.57%

Valuation
Chart
Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
8.3524.0021.1719.437.616.03
Forward PE
8.8518.3510.6011.957.707.97
P/FCF Ratio
7.2632.0919.02-13.155.75
PS Ratio
1.943.181.372.032.282.22