Impala Platinum Holdings Limited (IMP.JO) stock analysis

In our weekly check, Impala Platinum Holdings Limited is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 15 pass, warnings: 4, red flags: 6.

About Impala Platinum Holdings Limited

Impala Platinum Holdings Limited is a Basic Materials company (Other Precious Metals) based in South Africa, listed on JNB as IMP.JO.

What our checks show for IMP.JO

Red flags

• The gross margin fell by 10.6 points, to 24.3%: costs are rising faster than prices.
• Analysts expect the net margin to shrink by 8.2 points from today's 23%.
• The dividend takes 276% of profit: little cushion if profit falls.
• A small company (market value $92 million): usually riskier and followed by fewer analysts.
• The price swings a lot: 69.8% annual volatility. Expect large ups and downs.
• The stock has fallen as much as 96% from a peak. Would you have held through that?

Warning signs

• The net margin fell by 4.1 points over 5 years, to 23%: the company keeps less of each sale as profit.
• Analysts expect earnings per share to shrink about 6.4% a year.
• Analysts expect only about 1.6% a year of growth in revenue.
• The stock is still below its previous peak.

Strengths

• Debt is low: 0.02x equity.
• Earnings per share grew 81.7% a year over the last 3 years.
• Net profit grew 85% a year over the last 3 years.
• The company keeps 23% of its revenue as net profit.
• Free cash flow is 16.1% of revenue: cash for dividends, buybacks or growth.
• The price is 4.9 times earnings (P/E), reasonable for its growth.

Similar companies

BOL.ST · NPH.JO · VAL.JO · 2099.HK · PE&OLES.MX · FRES.L

Questions

What grade does Impala Platinum Holdings Limited (IMP.JO) have?

In our weekly check, Impala Platinum Holdings Limited is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 15 pass, warnings: 4, red flags: 6. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of IMP.JO stock?

This week's biggest flags for Impala Platinum Holdings Limited: Gross margin falling, Margins expected to shrink, Dividend stretched. In total 10 of 25 checks show a warning or a red flag.

What does Impala Platinum Holdings Limited do?

Impala Platinum Holdings Limited is a Basic Materials company (Other Precious Metals) based in South Africa, listed on JNB as IMP.JO.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-24

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