Friday 6 November 2026
Export SBSW’s income statement to Excel — free account
Sibanye Gold Limited
SBSW Basic Materials Other Precious Metals & Mining
Sibanye Gold Limited’s revenue for fiscal 2025 (year ended December 2025) was $7.3 billion, up 18.6% from fiscal 2024.
9.46
0.08
+0.85%
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Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Jun ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | 2,131 | 3,457 | 3,845 | 5,054 | 7,784 | 11,658 | 8,477 | 6,162 | 6,122 | 7,262 | 16,652 | +14.6% | — | — | — | — | |
| Gross margin, % | 20.77 | 8.12 | 4.99 | 13.18 | 34.56 | 36.52 | 26.51 | 12.24 | 6.17 | 24.58 | 25.60 | +3.8 pt | ||||||
| EBT | 308 | (556) | (109) | (90) | 2,168 | 3,220 | 1,711 | (2,160) | (230) | (23) | 2,940 | n/m | ||||||
| EBT margin, % | 14.45 | (16.07) | (2.84) | (1.78) | 27.85 | 27.62 | 20.18 | (35.05) | (3.76) | (0.32) | 17.65 | (14.8) pt | ||||||
| Net income | 671 | (334) | (191) | 732 | 1,871 | 2,288 | 1,163 | (2,029) | (312) | (265) | 854 | n/m | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | 8.72 | 6.88 | 6.79 | 8.06 | 11.41 | 16.09 | 12.00 | 8.71 | 8.65 | 10.26 | 0.00 | +1.8% | |||||
| Earnings | 1.02 | (0.65) | (0.32) | 0.01 | 2.60 | 3.08 | 1.60 | (2.88) | (0.56) | (0.40) | 0.71 | n/m | ||||||
| Cash flow | 1.23 | 0.41 | 1.64 | 1.05 | 2.43 | 3.01 | 1.35 | 0.54 | 0.78 | 1.69 | 0.00 | +3.6% | ||||||
| Capex | (1.13) | (0.90) | (0.94) | (0.84) | (0.85) | (1.18) | (1.36) | (1.70) | (1.65) | (1.59) | 0.00 | +3.9% | ||||||
| Free cash flow | 0.10 | (0.49) | 0.70 | 0.21 | 1.58 | 1.83 | (0.01) | (1.16) | (0.87) | 0.10 | 0.00 | +0.1% | ||||||
| Book value | 4.66 | 3.59 | 3.32 | 3.44 | 6.33 | 7.60 | 7.90 | 3.95 | 3.73 | 3.50 | 0.00 | (3.1%) | ||||||
| Shares, m | 244 | 503 | 566 | 627 | 682 | 725 | 707 | 708 | 708 | 708 | — | +12.5% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | 3.73 | 6.55 | 0.00 | 0.00 | 23.02 | 8.57 | 9.30 | 7.43 | 4.62 | 19.94 | 13.24 | 8.3 | |||||
| P/S | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.0 | ||||||
| P/B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.0 | ||||||
| EV/Sales | 0.00 | 0.00 | 0.00 | 0.00 | (0.01) | (0.03) | (0.01) | 0.05 | 0.08 | 0.09 | 0.05 | 0.0 | ||||||
| EV/FCF | 6.90 | (6.42) | (139.56) | 3.35 | (0.06) | (0.19) | (0.11) | (0.66) | (0.66) | (2.04) | 2.60 | (13.9) | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | 300 | 206 | 926 | 656 | 1,659 | 2,184 | 953 | 385 | 552 | 1,199 | 3,657 | +16.6% | |||||
| Capex | (276) | (454) | (531) | (527) | (581) | (857) | (963) | (1,206) | (1,171) | (1,128) | (3,312) | +16.9% | ||||||
| Free cash flow | 24 | (247) | 395 | 129 | 1,077 | 1,327 | (10) | (821) | (618) | 71 | 344 | +12.7% | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | 100 | 269 | 43 | 820 | 2,124 | 2,998 | 2,485 | 1,377 | 1,504 | 1,489 | 2,450 | +35.0% | |||||
| Net debt | 546 | 1,776 | 1,666 | 1,274 | (100) | (665) | (192) | 827 | 1,411 | 1,487 | 894 | +11.8% | ||||||
| Shareholders’ equity | 1,139 | 1,807 | 1,877 | 2,158 | 4,321 | 5,507 | 5,579 | 2,797 | 2,637 | 2,473 | 3,586 | +9.0% | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | 9.95 | (7.79) | (3.12) | 0.06 | 23.57 | 24.12 | 10.96 | (22.80) | (5.21) | (3.64) | 0.00 | (13.6) pt | |||||
| ROIC | 15.16 | 4.59 | 2.98 | 11.67 | 37.83 | 54.62 | 25.93 | 12.90 | 5.62 | 26.30 | 0.00 | +11.1 pt | ||||||
| ROE | 21.75 | (22.69) | (10.30) | 0.21 | 55.29 | 45.54 | 20.34 | (48.89) | (14.66) | (11.33) | 0.00 | (33.1) pt | ||||||
| People | ||||||||||||||||||
| People | Employees | 58,644 | 53,194 | 52,631 | 69,450 | 66,275 | 84,775 | 66,043 | 63,220 | 57,857 | 57,857 | — | (0.2%) | |||||
| Revenue/emp, $m | 0.04 | 0.06 | 0.07 | 0.07 | 0.12 | 0.14 | 0.13 | 0.10 | 0.11 | 0.13 | — | +14.8% | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025
Sibanye Gold Limited vs peers in Other Precious Metals & Mining (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| HL Hecla Mining Company | $9.7B | 25.3× | 17.0× | −3.59% (below 0%: shrinking) | +48.47% (above 0%: growing) | +456.08% (above 0%: growing) | 50.67% | 39.80% | Compare |
| BVN Buenaventura Mining Company Inc. | $7.2B | 6.5× | 6.2× | +43.17% (above 0%: growing) | +158.33% (above 0%: growing) | +820.20% (above 0%: growing) | 48.14% | 42.00% | Compare |
| SBSW Sibanye Gold Limited | $6.7B | 13.2× | — | −49.13% (below 0%: shrinking) | −76.52% (below 0%: shrinking) | +278.47% (above 0%: growing) | 17.38% | 0.00% | |
| TFPM Triple Flag Precious Metals Corp. | $6.3B | 19.9× | 15.2× | +13.39% (above 0%: growing) | +11.39% (above 0%: growing) | +3,469.10% (above 0%: growing) | 62.16% | 56.91% | Compare |
| PPTA Perpetua Resources Corp. | $2.1B | — (loss-making) | — | — | n/m | −1,165.90% (below 0%: shrinking) | 0.00% | 0.00% | Compare |
| SIND Sinda Ltd. | $1.9B | — (loss-making) | — | — | n/m | — | 0.00% | 0.00% | Compare |
| SLSR Solaris Resources Inc. | $1.2B | — (loss-making) | — | — | n/m | −51.52% (below 0%: shrinking) | — | 0.00% | Compare |
| VMET Versamet Royalties Corporation | $971.9M | 23.0× | — | +391.88% (above 0%: growing) | +2,677.78% (above 0%: growing) | +778.57% (above 0%: growing) | 58.96% | 58.04% | Compare |
| MUX McEwen Inc. | $912.4M | 10.9× | 15.1× | +26.84% (above 0%: growing) | +166.67% (above 0%: growing) | +328.14% (above 0%: growing) | 33.90% | 13.01% | Compare |
| Median of peers | $2.0B | 19.9× | 15.1× | +26.84% | +158.33% | +456.08% | 48.14% | 26.41% |
Sibanye Gold Limited (SBSW) Latest News
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SBSW metrics, ten years each
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score