Impala Platinum HoldingsIMPUF 78 ROE % is 20.30% as of Dec. 2025, which is 768% above its 10-year median of 2.34. GuruFocus rates IMPUF with a GF Score™ of 78/100 and a GF Value™ of $10.09 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,389 Metals & Mining companies, Impala Platinum Holdings ranks better than 81.12% on this metric.
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
* 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.
For the Other Precious Metals & Mining subindustry, Impala Platinum Holdings's ROE %, along with its competitors' market caps and ROE % 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.
Impala Platinum Holdings ROE % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Impala Platinum Holdings's ROE % distribution charts can be found below:
* The bar in red indicates where Impala Platinum Holdings's ROE % falls into.
* 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.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Dec. 2025) net income data.
ROE % is displayed in the 30-year financial page.
Impala Platinum Holdings (IMPUF) has a ROE % of 20.30% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Impala Platinum Holdings and its competitors. This is 768% above median its historical median of 2.34. According to the industry distribution chart, Impala Platinum Holdings ranks #451 out of 2389 companies in the Metals & Mining industry, placing it in the top 18.9%.
Is Impala Platinum Holdings' ROE % too high?
Impala Platinum Holdings' current ROE % of 20.30% is 768% above median its 10-year median of 2.34. Based on the distribution chart, Impala Platinum Holdings ranks #451 out of 2389 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Impala Platinum Holdings has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Impala Platinum Holdings' ROE % compare to HL?
According to the Metals & Mining industry distribution chart, Impala Platinum Holdings ranks #451 out of 2389 companies for ROE %. This places Impala Platinum Holdings in the top 19% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Metals & Mining company?
A good ROE % depends on the Metals & Mining industry context. However, ROE % 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Impala Platinum Holdings and its competitors. Impala Platinum Holdings's current ROE % is 20.30%, which is 768% above median its own 10-year median of 2.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Impala Platinum Holdings stock overvalued right now?
Based on GuruFocus' analysis, Impala Platinum Holdings (IMPUF) is currently considered Modestly Overvalued. The stock's GF Value™ is $10.09, compared to a current price of $11.55 — trading 14.5% above its estimated fair value. The current ROE % is 20.30%, which is 768% above median its 10-year median of 2.34. Impala Platinum Holdings' overall GF Score™ is 78/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Impala Platinum Holdings (IMPUF), the current ROE % is 20.30% 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 Impala Platinum Holdings (IMPUF) Overvalued in 2026?
Based on GuruFocus' analysis, Impala Platinum Holdings stock appears to be overvalued.
The current stock price of $11.55 is trading 14.5% above its estimated GF Value™ of $10.09.
GuruFocus considers Impala Platinum Holdings to be Modestly Overvalued.
Key valuation signals for IMPUF:
ROE %: 20.30% (768% above median its 10-year median of 2.34)
GF Value™: $10.09 vs. price of $11.55 (14.5% above fair value)
No single metric tells the full story. See the IMPUF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Impala Platinum Holdings Ltd is one of the producers of platinum and associated platinum group metals, including palladium and rhodium. The company is structured with five main operations located in Impala, Zimplats, Marula, Mimosa, and Two Rivers. Impala is the group's main operational unit and is situated on the Impala lease area on the western limb of Bushveld, east of Johannesburg in South Africa, and platinum-group-metal-bearing ore bodies in the world.
78GF Score
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