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Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Valterra Platinum's Net Income for the
six
months ended in Dec. 2025 was R14,835 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2025 was R15,420 Mil.
Valterra Platinum (JSE:VAL) Net Income Explanation
Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
EPS is most useful for companies that have:
A predictable business
Consistent accounting methods
And few restructurings
The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.
Be Aware
Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.
Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.
If net earnings is less than 10%, likely to be in a highly competitive business.
Valterra Platinum Net Income Related Terms
Valterra Platinum Net Income Historical Data
* Premium members only.
The historical data trend for Valterra Platinum's Net Income can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.
Net Income for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was R15,420 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Valterra Platinum (JSE:VAL) has a Net Income of R15,420 Mil as of Dec. 2025. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Valterra Platinum and its competitors.
Is Valterra Platinum's Net Income too high?
Valterra Platinum's current Net Income is R15,420 Mil. Overall, Valterra Platinum has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Valterra Platinum's Net Income compare to HL and SIND?
Valterra Platinum's Net Income of R15,420 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for a Metals & Mining company?
A good Net Income depends on the Metals & Mining industry context. However, Net Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Valterra Platinum and its competitors. Valterra Platinum's current Net Income is R15,420 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Valterra Platinum stock overvalued right now?
Based on GuruFocus' analysis, Valterra Platinum (JSE:VAL) is currently considered Significantly Overvalued. The stock's GF Value™ is R790.72, compared to a current price of R1,109.42 — trading 40.3% above its estimated fair value. The current Net Income is R15,420 Mil. Valterra Platinum's overall GF Score™ is 77/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Valterra Platinum (JSE:VAL), the current Net Income is R15,420 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Valterra Platinum (JSE:VAL) Overvalued in 2026?
Based on GuruFocus' analysis, Valterra Platinum stock appears to be overvalued.
The current stock price of R1,109.42 is trading 40.3% above its estimated GF Value™ of R790.72.
GuruFocus considers Valterra Platinum to be Significantly Overvalued.
Key valuation signals for JSE:VAL:
Net Income: R15,420 Mil
GF Value™: R790.72 vs. price of R1,109.42 (40.3% above fair value)
No single metric tells the full story. See the JSE:VAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Valterra Platinum Ltd supplies platinum group metals (PGMs). It provides services across the value chain, including mining, recycling, and trading of metals. Its products include PGMs such as platinum, palladium, rhodium, iridium, and ruthenium; base metals such as copper, nickel, cobalt sulphate, and chrome; and other by-products such as gold and sodium sulphate, with operations across different stages of production. The majority of the company's revenue is derived from the sale of Platinum. Geographically, it generates the maximum revenue from Japan.
77GF Score
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Net Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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