Tharisa (THS) Share Price, News & Analysis

Company Overview

About Tharisa – delivering on expansion and growth opportunities, commercialising technology solutions Tharisa is an integrated resource group playing a pivotal role in the global energy transition and the decarbonisation of economies. Leveraging innovation and technology, Tharisa covers the entire value chain – exploration, mining, processing, beneficiation, marketing, sales, and logistics – for PGMs and chrome concentrates. The low cost, multigenerational Tharisa Mine is located on the southwestern limb of the Bushveld Complex, South Africa, the largest source of PGMs and chrome globally. Development of the Karo Platinum Project, a tier-one PGM project on Zimbabwe’s Great Dyke, further reinforces Tharisa’s growth strategy. Investments in downstream beneficiation, including proven chrome and PGM alloy production, will add significant value when commercialised. Tharisa is committed to reducing carbon emissions by 30% by 2030 and the sustainability roadmap targets net carbon neutrality by 2050. Through Redox One, Tharisa is advancing proprietary iron-chromium redox flow battery technology, utilising the very commodities it mines to support long-duration energy storage – a key component in the transition to renewable energy. Tharisa plc is listed on the Johannesburg Stock Exchange (JSE: THA) and the London Stock Exchange (LSE: THS, Equity Shares (Transition) Category).

Key Stats

• Today's Range: 126 to 135
• 50-Day Range: 101 to 130
• 52-Week Range: 63 to 148
• Volume: 196,938 shs
• Average Volume: 402,568 shs
• Market Capitalization: £382.17 million
• P/E Ratio: 4.96
• Dividend Yield: 2.91%
• Price Target: GBX 177.50
• Consensus Rating: Buy

Tharisa Stock Analysis - MarketRank™

Tharisa scored higher than 76% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.7 / 5
• Analyst Rating: Buy

Consensus Rating

Tharisa has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on no strong buy ratings, 2 buy ratings, no hold ratings, and no sell ratings.

Upside Potential

Tharisa has a consensus price target of GBX 177.50, representing about 37.6% upside from its current price of GBX 129.

Amount of Analyst Coverage

Tharisa has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Tharisa is 4.96, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.03.

Price to Earnings Ratio vs. Sector

The P/E ratio of Tharisa is 4.96, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 23.10.

Price to Book Value per Share Ratio

Tharisa has a P/B Ratio of 0.51. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for THS.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Tharisa pays a meaningful dividend of 2.91%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Tharisa does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Tharisa is 17.40%. This payout ratio is at a healthy, sustainable level, below 75%.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 1.11

News Sentiment

Tharisa has a news sentiment score of 1.11. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.56 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Tharisa this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.2 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Tharisa insiders have not sold or bought any company stock.

Percentage Held by Insiders

3.98% of the stock of Tharisa is held by insiders.

Percentage Held by Institutions

1.62% of the stock of Tharisa is held by institutions.

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Basic Materials
• Industry: Other Precious Metals & Mining
• Sub-Industry: Food Products
• Current Symbol: LON:THS
• CIK: N/A
• Web: www.tharisa.com
• Phone: 357 2 6257052
• Fax: N/A
• Employees: 7,500
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Tharisa: GBX 177.50
• High Price Target: GBX 220
• Low Price Target: GBX 135
• Potential Upside/Downside: +37.6%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): GBX 26
• Trailing P/E Ratio: 4.96
• Forward P/E Ratio: 5.74
• P/E Growth: N/A
• Net Income: £96.84 million
• Net Margins: 12.17%
• Pretax Margin: N/A
• Return on Equity: 10.03%
• Return on Assets: 5.09%

Debt

• Debt-to-Equity Ratio: 15.61
• Current Ratio: 2.30
• Quick Ratio: 1.80

Sales & Book Value

• Annual Sales: £670.22 million
• Price / Sales: 0.57
• Cash Flow: GBX 61.48 per share
• Price / Cash Flow: 2.10
• Book Value: GBX 251.79 per share
• Price / Book: 0.51

Miscellaneous

• Outstanding Shares: 296,259,000
• Free Float: N/A
• Market Cap: £382.17 million
• Optionable: Not Optionable
• Beta: 0.65