Northam Platinum (NPH.JSE)

Northam Platinum share price today, ATLAS forecast and fair value

Basic Materials · Other Precious Metals & Mining · Johannesburg Stock Exchange · South Africa

ZAR 233.38▲ +0.09%

Prices as of Oct 27, 2026 · ZAR

ATLAS fair value

ZAR 295.81

Below fair value · 21% discount

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 Northam Platinum 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 Northam Platinum

  • 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.
Get started →

Plans from €3.99 a month.

ATLAS estimates Northam Platinum's fair value at about ZAR 295.81 per share (reasonable range: ZAR 248.82 to ZAR 365.48). At ZAR 233.38, the stock trades 21% 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 Northam Platinum 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 214.77 and ZAR 252.01; in 9 out of 10, between ZAR 186.38 and ZAR 290.39. Estimated annual volatility is 43%.

Price, last 12 months (weekly close)

Northam Platinum (NPH.JSE) — Price, last 12 months (weekly close)Oct 24, 2025: ZAR 277.60. Oct 27, 2026: ZAR 233.38. ▼Fair value ZAR 295.81ZAR 433.35ZAR 227.20Oct 24, 2025Oct 27, 2026

Key numbers

Market cap
ZAR 98.7B
Market cap (USD)
$5.9B
P/E ratio
7.0
Dividend yield
0.07%
52-week high
ZAR 474.45
52-week low
ZAR 218.69
Revenue (12 months)
ZAR 54.0B
Gross margin
29.5%
Operating margin
26.9%
Net margin
25.7%
Beta
1.00

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. Northam Platinum 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 NPH.JSE has traded between ZAR 218.69 and ZAR 474.45. Today it is 50.8% below that high and 7% above its low.

On the business: net margin is 25.7%; it trades at 7.0 times earnings.

Its beta is 1.00: it moves roughly in line with the market.

About the company

Northam Platinum Holdings Limited, through its subsidiary, Northam Platinum Limited, engages in the production and sale of platinum group metals. The company explores for platinum, palladium, rhodium, gold, iridium, ruthenium, nickel, copper, and chrome deposits.

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Comparable companies

Other companies in the same line of business:

Frequently asked questions

What is Northam Platinum (NPH.JSE) fair value?

About ZAR 295.81 per share according to ATLAS (reasonable range: ZAR 248.82 to ZAR 365.48). With the stock at ZAR 233.38, it is 21% below it.

What is the chance NPH.JSE goes up next month?

49%: close to a coin flip. In half of the simulated outcomes, NPH.JSE ends the month between ZAR 214.77 and ZAR 252.01.

How big is Northam Platinum and what is its P/E ratio?

Northam Platinum's market capitalization is ZAR 98.7B. Its price-to-earnings (P/E) ratio is 7.0: you pay ZAR 7.01 for each ZAR 1.00 of yearly earnings.

Does Northam Platinum pay a dividend?

Yes. NPH.JSE's current dividend yield is 0.07% at today's price (ZAR 233.38).

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

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