African Rainbow Minerals Statistics

Total Valuation

JSE:ARI has a market cap or net worth of ZAR 36.66 billion. The enterprise value is 33.87 billion.

Market Cap	36.66B
Enterprise Value	33.87B

Important Dates

The last earnings date was Friday, December 5, 2025.

Earnings Date	Dec 5, 2025
Ex-Dividend Date	Oct 1, 2025

Share Statistics

JSE:ARI has 196.05 million shares outstanding. The number of shares has decreased by -0.01% in one year.

Current Share Class	196.05M
Shares Outstanding	196.05M
Shares Change (YoY)	-0.01%
Shares Change (QoQ)	-0.31%
Owned by Insiders (%)	0.70%
Owned by Institutions (%)	39.88%
Float	103.67M

Valuation Ratios

The trailing PE ratio is 111.32 and the forward PE ratio is 11.17.

PE Ratio	111.32
Forward PE	11.17
PS Ratio	3.14
PB Ratio	0.61
P/TBV Ratio	0.66
P/FCF Ratio	15.06
P/OCF Ratio	7.20
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 9.38, with an EV/FCF ratio of 13.91.

EV / Earnings	102.63
EV / Sales	2.90
EV / EBITDA	9.38
EV / EBIT	12.86
EV / FCF	13.91

Financial Position

The company has a current ratio of 3.48, with a Debt / Equity ratio of 0.03.

Current Ratio	3.48
Quick Ratio	3.23
Debt / Equity	0.03
Debt / EBITDA	4.96
Debt / FCF	0.84
Interest Coverage	-1.59

Financial Efficiency

Return on equity (ROE) is 0.86% and return on invested capital (ROIC) is -0.58%.

Return on Equity (ROE)	0.86%
Return on Assets (ROA)	-0.49%
Return on Invested Capital (ROIC)	-0.58%
Return on Capital Employed (ROCE)	-0.81%
Revenue Per Employee	945,359
Profits Per Employee	26,753
Employee Count	12,335
Asset Turnover	0.16
Inventory Turnover	14.11

Taxes

In the past 12 months, JSE:ARI has paid 561.00 million in taxes.

Income Tax	561.00M
Effective Tax Rate	52.43%

Stock Price Statistics

The stock price has increased by +17.28% in the last 52 weeks. The beta is 0.66, so JSE:ARI's price volatility has been lower than the market average.

Beta (5Y)	0.66
52-Week Price Change	+17.28%
50-Day Moving Average	17,871.54
200-Day Moving Average	17,047.20
Relative Strength Index (RSI)	60.44
Average Volume (20 Days)	495,956

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, JSE:ARI had revenue of ZAR 11.66 billion and earned 330.00 million in profits. Earnings per share was 1.68.

Revenue	11.66B
Gross Profit	-190.00M
Operating Income	-568.00M
Pretax Income	1.07B
Net Income	330.00M
EBITDA	410.00M
EBIT	-568.00M
Earnings Per Share (EPS)	1.68

Full Income Statement

Balance Sheet

The company has 9.09 billion in cash and 2.04 billion in debt, giving a net cash position of 7.06 billion or 35.99 per share.

Cash & Cash Equivalents	9.09B
Total Debt	2.04B
Net Cash	7.06B
Net Cash Per Share	35.99
Equity (Book Value)	60.12B
Book Value Per Share	284.93
Working Capital	11.21B

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 5.09 billion and capital expenditures -2.66 billion, giving a free cash flow of 2.43 billion.

Operating Cash Flow	5.09B
Capital Expenditures	-2.66B
Free Cash Flow	2.43B
FCF Per Share	12.42

Full Cash Flow Statement

Margins

Gross margin is -1.63%, with operating and profit margins of -4.87% and 2.83%.

Gross Margin	-1.63%
Operating Margin	-4.87%
Pretax Margin	9.18%
Profit Margin	2.83%
EBITDA Margin	3.52%
EBIT Margin	-4.87%
FCF Margin	20.87%

Dividends & Yields

This stock pays an annual dividend of 10.50, which amounts to a dividend yield of 5.68%.

Dividend Per Share	10.50
Dividend Yield	5.68%
Dividend Growth (YoY)	-30.00%
Years of Dividend Growth	n/a
Payout Ratio	801.21%
Buyback Yield	0.01%
Shareholder Yield	5.69%
Earnings Yield	0.90%
FCF Yield	6.64%

Dividend Details

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

JSE:ARI has an Altman Z-Score of 2.46 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	2.46
Piotroski F-Score	4