ATLASATLAS fair value
ZAR 260.95
Below fair value · 43% discount
Range: ZAR 237–ZAR 324Fair valuePrice
African Rainbow Minerals (ARI.JSE)
African Rainbow Minerals share price today, ATLAS forecast and fair value
Basic Materials · Other Industrial Metals & Mining · Johannesburg Stock Exchange · South Africa
ZAR 148.74▲ +1.18%
Prices as of Oct 27, 2026 · ZAR
Chance of rising in 1 month
49%
that it ends higher than today in 21 sessions
0%coin flip 50%100%
This is just the summary. See everything on African Rainbow Minerals in ATLAS
ATLAS's own quantitative analysis, all in one place.
- Simulation and expected rangeThousands of simulated scenarios: how far the price could rise or fall.
- Officers and shareholdersWho runs the company and which funds hold its shares.
- Customer and supplier mapWho it does business with, from its own filings.
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On African Rainbow Minerals
- Simulation and expected rangeThousands of simulated scenarios: how far the price could rise or fall.
- Officers and shareholdersWho runs the company and which funds hold its shares.
- Customer and supplier mapWho it does business with, from its own filings.
- Valuation and financialsFair value step by step, quarterly accounts and upcoming events.
- NewsThe latest on the company, in one place.
And for you
- ATLAS builds your portfolioAnswer a short test and get portfolios that fit you.
- AlertsWe let you know when something changes in your stocks.
- Crisis simulatorHow your portfolio would do in a crash like 2008.
- Practice risk-free$10,000 in virtual money to invest at real prices.
- Global screenerSearch US stocks and stocks from 47 countries with filters.
Plans from €3.99 a month.
ATLAS estimates African Rainbow Minerals's fair value at about ZAR 260.95 per share (reasonable range: ZAR 236.74 to ZAR 323.71). At ZAR 148.74, the stock trades 43% below it.
It is calculated with a blend of a discounted cash-flow model and peer valuation multiples. Confidence in the estimate is medium. It is an estimate, not a promise: if the company's results change, so does its fair value.
ATLAS's model gives African Rainbow Minerals a 49% chance of finishing higher a month from now (21 trading sessions) than today: close to a coin flip.
In half of the simulated outcomes the price ends between ZAR 138.03 and ZAR 159.75; in 9 out of 10, between ZAR 121.27 and ZAR 181.83. Estimated annual volatility is 42%.
Price, last 12 months (weekly close)
Key numbers
- Market cap
- ZAR 30.8B
- Market cap (USD)
- $1.9B
- P/E ratio
- 7.3
- Dividend yield
- 0.08%
- 52-week high
- ZAR 276.68
- 52-week low
- ZAR 142.34
- Revenue (12 months)
- ZAR 15.2B
- Gross margin
- 28.8%
- Operating margin
- 17.6%
- Net margin
- 26.2%
- Beta
- 0.63
What this means
These are two different questions: fair value looks at the business (what it is worth given what it earns) and the odds look at the price over the next month. African Rainbow Minerals sits below fair value and its odds of rising over a month are close to a coin flip. An expensive stock can keep climbing and a cheap one can keep falling, which is why ATLAS shows the two readings separately.
Over the last 52 weeks ARI.JSE has traded between ZAR 142.34 and ZAR 276.68. Today it is 46.2% below that high and 4% above its low.
On the business: net margin is 26.2%; it trades at 7.3 times earnings.
Its beta is 0.63: it tends to move less than the market.
About the company
African Rainbow Minerals Limited, through its subsidiaries, operates as a diversified mining and minerals company in South Africa, Malaysia, and Switzerland. It explores for platinum group metals, nickel, coal, iron ore, manganese ore, and chrome, as well as gold deposits.
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Comparable companies
Other companies in the same line of business:
Frequently asked questions
What is African Rainbow Minerals (ARI.JSE) fair value?
About ZAR 260.95 per share according to ATLAS (reasonable range: ZAR 236.74 to ZAR 323.71). With the stock at ZAR 148.74, it is 43% below it.
What is the chance ARI.JSE goes up next month?
49%: close to a coin flip. In half of the simulated outcomes, ARI.JSE ends the month between ZAR 138.03 and ZAR 159.75.
How big is African Rainbow Minerals and what is its P/E ratio?
African Rainbow Minerals's market capitalization is ZAR 30.8B. Its price-to-earnings (P/E) ratio is 7.3: you pay ZAR 7.33 for each ZAR 1.00 of yearly earnings.
Does African Rainbow Minerals pay a dividend?
Yes. ARI.JSE's current dividend yield is 0.08% at today's price (ZAR 148.74).
Not investment advice. ATLAS estimates are produced by statistical models from public data; they can be wrong and past performance does not predict future results. Consider your own situation before investing. Disclaimer