# Sibanye Stillwater Limited share price today (Sibanye Stillwater Limited, SBSW) > Sibanye Stillwater Limited's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. SBSW · Materials · Other Precious Metals & Mining · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/sbsw Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Business trend: Mixed, from fewer quarters than usual - Price: $8.60 (−18.6% in a year) - P/E: 6.6×, against its own history - Revenue (Jun 2026): ZAR 90.0 B (+64.3% on a year ago) - Profit (Jun 2026): ZAR 17.7 B - Operating margin: 29.9% (+30.1 points on a year ago) - ROE: −12%, FY25 - ROIC: 32.0%, against a 8.5% cost of capital: +23.5 points Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. ## What is the Sibanye Stillwater Limited share price today? Sibanye Stillwater Limited's share price was $8.60 at the close on 3 November 2026. It has been moving sideways for 9 weeks. That is 28.0% below its average price over the last 200 trading days. In the last 52 weeks it traded between $8 and $19, and at that close it sat 5% of the way up from that low. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 2 weeks running. Over the last 10 years the share price moved −42% while the S&P 500 moved +255%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 23 October 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Sibanye Stillwater Limited pay? Sibanye Stillwater Limited declared ZAR 2.01 per local share for Jun 2026, and ZAR 5.14 over the last four reported quarters. It reports in South African rand, and one US-listed share can stand for several local shares, so we do not set this against the dollar price or show a yield. ## Which stock lists is Sibanye Stillwater Limited on? Sibanye Stillwater Limited is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is Sibanye Stillwater Limited profitable? Sibanye Stillwater Limited earned ZAR 17.7 B of net profit in the Jun 2026 quarter. The full FY25 year was a loss of ZAR 5.2 B. That is 19.7% of the quarter's revenue. The same quarter a year earlier lost ZAR 7.3 B. 4 of the last 12 reported quarters were loss-making. This company reports in South African rand, not US dollars, so the money charts are left out here. The figures in the text are in that currency (ZAR); nothing is converted. ## How much revenue does Sibanye Stillwater Limited make, and is it growing? Sibanye Stillwater Limited reported ZAR 90.0 B of revenue in the Jun 2026 quarter, +64.3% on the same quarter a year earlier. That is the 2nd quarter in a row with growth on the year before. Over 4 years it has grown −6.8% a year on average. The last full year, FY25, came in at ZAR 130 B. FY25 revenue was ZAR 130 B, +15.6% on the year before. Recent pace: the last four quarters grew +25.6% on average, against −6.8% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +16.8%, against −6.3% a year over the last 8 quarters (accelerating). This company reports in South African rand, not US dollars, so the money charts are left out here. The figures in the text are in that currency (ZAR); nothing is converted. ## How much of its sales does Sibanye Stillwater Limited keep? Sibanye Stillwater Limited's operating margin was 29.9% in the Jun 2026 quarter, 30.1 percentage points higher than the same quarter a year ago. Over the last four quarters it has moved +42.6 percentage points. Across 5 years it has been between −27.5% and 31.2%. The latest quarter is within that range. Why the margin moved: operating margin changed +42.6 percentage points on the year while gross margin changed +24.6 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is Sibanye Stillwater Limited's profit turning into cash? Over the last 2 years, 147% of Sibanye Stillwater Limited's reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in ZAR 21.7 B of operating cash against −ZAR 5.2 B of profit. After ZAR 20.3 B of spending on assets, ZAR 1.4 B was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. This company reports in South African rand, not US dollars, so the money charts are left out here. The figures in the text are in that currency (ZAR); nothing is converted. ## Where does Sibanye Stillwater Limited's cash go? Sibanye Stillwater Limited does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent ZAR 64.3 B on assets over the last 3 years. Averaged over those years that is 16.5% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: ZAR 64.3 B over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. This company reports in South African rand, not US dollars, so the money charts are left out here. The figures in the text are in that currency (ZAR); nothing is converted. ## What is Sibanye Stillwater Limited's P/E ratio, and how does it compare with its own history? Sibanye Stillwater Limited's P/E is 6.6×, with too little history to compare. This compares the share price with the company’s own past. It does not say what the business is worth. In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple. ## Is the Sibanye Stillwater Limited business getting better or worse? Sibanye Stillwater Limited's business is giving mixed signals. Revenue growth is rising at +16.8% while profit growth is falling at −4257.9% (from single-quarter figures), so the lines disagree and each one tells part of the story. This is based on 12 quarters of 3 measures, with some gaps. Why it matters: when the lines disagree, each line above matters more than any single label. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution. ## How much does Sibanye Stillwater Limited earn on its capital? Sibanye Stillwater Limited earned a ROE of −12% in FY25. That is up from a low of −73% in FY23. Its return on capital used (ROIC) is 23.5 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a −4.0% net margin and 0.87× asset turnover (sales divided by assets). Why the return is what it is (FY25): a −4.0% net margin × 0.87× asset turnover × 3.39× leverage (assets divided by equity) ≈ −11.8% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 32.0% − 8.5% = +23.5 percentage points. The 8.5% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. A gap this wide means each dollar put back into the business creates more than a dollar of value. The 32.0% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 13.8%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Sibanye Stillwater Limited have too much debt? Sibanye Stillwater Limited has total debt of ZAR 37.3 B against shareholder equity of ZAR 59.2 B as of Jun 2026, so its debt is 0.63× its equity. Year by year, that ratio went from 0.25 in FY21 to 0.99 in FY25. Keep that borrowing in mind when reading the returns on this page. This company reports in South African rand, not US dollars, so the money charts are left out here. The figures in the text are in that currency (ZAR); nothing is converted. ## What is the Sibanye Stillwater Limited shareholding pattern? We have no ownership or short-position figures for Sibanye Stillwater Limited, so this section says so rather than fill the gap. At normal trading volumes, closing those positions would take about 1.9 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. ## How far is Sibanye Stillwater Limited from balance-sheet trouble? For Sibanye Stillwater Limited, the Z-score is 2.92. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the grey area between the two. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 2.92 is in the grey area, neither clearly safe nor clearly in trouble. ## How does Sibanye Stillwater Limited rank in its industry? There is no score against its industry: Sibanye Stillwater Limited is not among the largest members shown in this industry comparison for Other Precious Metals & Mining. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is Sibanye Stillwater Limited compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to Sibanye Stillwater Limited in size? Sibanye Stillwater Limited is the 3rd largest of 13 Other Precious Metals & Mining companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Hecla Mining Company and Compañía de Minas Buenaventura S.A.A. Just below it: Triple Flag Precious Metals Corp., Versamet Royalties Corporation, Elemental Royalty Corporation and McEwen Inc. ### Other Precious Metals & Mining companies close in size 1. [Hecla Mining Company](https://www.sectoralpha.in/us/stocks/hl) $8.9 billion 2. [Compañía de Minas Buenaventura S.A.A.](https://www.sectoralpha.in/us/stocks/bvn) $6.8 billion 3. Sibanye Stillwater Limited $6.3 billion 4. [Triple Flag Precious Metals Corp.](https://www.sectoralpha.in/us/stocks/tfpm) $5.8 billion 5. [Versamet Royalties Corporation](https://www.sectoralpha.in/us/stocks/vmet) $936 million 6. [Elemental Royalty Corporation](https://www.sectoralpha.in/us/stocks/ele) $906 million 7. [McEwen Inc.](https://www.sectoralpha.in/us/stocks/mux) $837 million [All 13 Other Precious Metals & Mining companies, largest first](https://www.sectoralpha.in/us/sectors/other-precious-metals-mining#all-companies) ### Companies close in size in other industries 1. [Duolingo, Inc.](https://www.sectoralpha.in/us/stocks/duol) $6.3 billion · Software - Application 2. [Birkenstock Holding plc](https://www.sectoralpha.in/us/stocks/birk) $6.3 billion · Footwear & Accessories 3. Sibanye Stillwater Limited $6.3 billion 4. [B2Gold Corp.](https://www.sectoralpha.in/us/stocks/btg) $6.3 billion · Gold 5. [Black Hills Corporation](https://www.sectoralpha.in/us/stocks/bkh) $6.3 billion · Utilities - Regulated Gas ## What else do people ask about Sibanye Stillwater Limited? ### What were Sibanye Stillwater Limited Limited's latest quarterly results? Sibanye Stillwater Limited reported revenue of ZAR 90.0 B and net profit of ZAR 17.7 B for the Jun 2026 quarter. The operating margin was 29.9%, 30.1 percentage points higher than a year earlier (as of 3 November 2026). ### What is Sibanye Stillwater Limited Limited's market cap? Sibanye Stillwater Limited's market capitalisation is $6.3 B at a stock price of $8.60. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Sibanye Stillwater Limited Limited performing? Sibanye Stillwater Limited's share price has been moving sideways for 9 weeks. Over the past 13 weeks it has done worse than the S&P 500, for 2 weeks running. This describes what the data did, not a rating (as of 3 November 2026). ### Will Sibanye Stillwater Limited Limited's stock price go up? This page does not forecast Sibanye Stillwater Limited's stock price. What it shows instead: the stock price is $8.60, and it has been moving sideways for 9 weeks. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Is Sibanye Stillwater Limited Limited's profit real cash? Yes, over the last 2 years, 147% of Sibanye Stillwater Limited's reported profit came in as cash from operations. The latest year was lower at -420%, so the trend is worth watching. In FY25, operating cash was ZAR 21.7 B against reported profit of −ZAR 5.2 B. Most of that cash then goes into building new capacity. These are yearly figures (as of 3 November 2026). ### Where is Sibanye Stillwater Limited Limited in its business cycle? Sibanye Stillwater Limited's FY25 operating margin was 7.7%, against a 5-year range of −27.5% to 31.2%: the middle of its own range, neither a peak nor a low. The latest quarter was 29.9%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Sibanye Stillwater Limited Limited story? Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Sibanye Stillwater Limited Limited a stock worth studying right now? What the numbers show: Sibanye Stillwater Limited's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.