Pan African Resources (ASX:PAF) Financial Strength: 7 (As of Dec. 2025) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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ASX:PAF Pan African Resources PLC ASX:PAF
66 GF Score
Price A$2.56
GF Value A$1.52
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Pan African Resources Financial Strength?

Pan African Resources ASX:PAF -1.16% 66 Financial Strength is 7 as of Dec. 2025, which is at its 10-year median of 7.00. GuruFocus rates ASX:PAF with a GF Score™ of 66/100 and a GF Value™ of A$1.52 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Pan African Resources has the Financial Strength Rank of 7.

Good Sign:

Pan African Resources PLC shows strong financial strength.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Pan African Resources's Interest Coverage for the quarter that ended in Dec. 2025 was 21.38. Pan African Resources's debt to revenue ratio for the quarter that ended in Dec. 2025 was 0.14. As of today, Pan African Resources's Altman Z-Score is 7.07.


Pan African Resources  (ASX:PAF) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Pan African Resources has the Financial Strength Rank of 7.


Pan African Resources Financial Strength Related Terms


ASX:PAF vs NEM, AU: Financial Strength Comparison

For the Gold subindustry, Pan African Resources's Financial Strength, along with its competitors' market caps and Financial Strength data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Pan African Resources Financial Strength vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Pan African Resources's Financial Strength distribution charts can be found below:

* The bar in red indicates where Pan African Resources's Financial Strength falls into.


ASX:PAF
66GF Score
Pan African Resources PLC ASX:PAF
Financial Strength is just one metric. See GF Score™, valuation, warning signs, and more.
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Pan African Resources Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Pan African Resources's Interest Expense for the months ended in Dec. 2025 was A$-15 Mil. Its Operating Income for the months ended in Dec. 2025 was A$329 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was A$115 Mil.

Pan African Resources's Interest Coverage for the quarter that ended in Dec. 2025 is

Interest Coverage=-1*Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*329.127/-15.393
=21.38

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Pan African Resources's Debt to Revenue Ratio for the quarter that ended in Dec. 2025 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2025 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(87.364 + 115.203) / 1466.056
=0.14

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Pan African Resources has a Z-score of 7.07, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 7.07 is strong.

* 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.

Frequently Asked Questions Learn more about Financial Strength →
What does a Financial Strength of 7 mean?
Pan African Resources (ASX:PAF) has a Financial Strength of 7 as of Dec. 2025. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Pan African Resources and its competitors. This is near median its historical median of 7.00. Over the past decade, Pan African Resources' Financial Strength has ranged from 7.00 to 7.00.
Is Pan African Resources' Financial Strength too high?
Pan African Resources' current Financial Strength of 7 is near median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 7.00 to a high of 7.00. Overall, Pan African Resources has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pan African Resources' Financial Strength compare to NEM and AU?
Pan African Resources' Financial Strength of 7 can be compared against companies in the Metals & Mining industry. Historically, Pan African Resources' own Financial Strength has ranged from 7.00 to 7.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Financial Strength for a Metals & Mining company?
A good Financial Strength depends on the Metals & Mining industry context. However, Financial Strength 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 Financial Strength mean?
A high Financial Strength can signal that a stock is expensive relative to its fundamentals. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Pan African Resources and its competitors. Pan African Resources's current Financial Strength is 7, which is near median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pan African Resources stock overvalued right now?
Based on GuruFocus' analysis, Pan African Resources (ASX:PAF) is currently considered Significantly Overvalued. The stock's GF Value™ is A$1.52, compared to a current price of A$2.56 — trading 68.4% above its estimated fair value. The current Financial Strength is 7, which is near median its 10-year median of 7.00. Pan African Resources' overall GF Score™ is 66/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Financial Strength calculated?
Financial Strength is calculated from a company's financial statements. For Pan African Resources (ASX:PAF), the current Financial Strength is 7 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 Pan African Resources (ASX:PAF) Overvalued in 2026?

Based on GuruFocus' analysis, Pan African Resources stock appears to be overvalued. The current stock price of A$2.56 is trading 68.4% above its estimated GF Value™ of A$1.52. GuruFocus considers Pan African Resources to be Significantly Overvalued.

Key valuation signals for ASX:PAF:

  • Financial Strength: 7 (near median its 10-year median of 7.00)
  • GF Value™: A$1.52 vs. price of A$2.56 (68.4% above fair value)
  • GF Score™: 66/100 with 3 warning signs

No single metric tells the full story. See the ASX:PAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pan African Resources Business Description

Address Corner Cradock and Biermann Avenues, 2nd Floor, Office 204, The Firs Building, Rosebank, Johannesburg, GT, ZAF, 2196
Pan African Resources PLC is engaged in gold mining and exploration activities. The group owns and operates a portfolio of projects located in South Africa, Australia, and an exploration project in Sudan. Its project portfolio comprises Fairview Mine, Sheba and Consort Mines, BTRP, Elikhulu, MTR, Evander Mines, and Tennant Mines. The group's reporting segments are: Mining operations and Other operations. Maximum revenue is generated from the Mining operations segment, which generates revenue from mining, extraction, production, and the sale of gold. The Other operations segment represents its exploration assets in Sudan, Agricultural ESG projects, and other activities. Geographically, the group generates maximum revenue from South Africa, followed by Australia, and UK and Europe.
66GF Score

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Financial Strength is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$2.56
Price
A$1.52
GF Value