Subscribe

Tharisa plc (TIHRF)

USD1.48 +0.00 (+0.00%)
CY OTC Basic Materials Other Precious Metals
Address Sofoklis Pittokopitis Business Centre 8011
Paphos, CY
CEO Phoevos Pouroulis
IPO 2020-04-29
ISIN CY0103562118

Explore sections of this company profile

Also trades on Johannesburg Stock Exchange · THA.JO (ZAc) London Stock Exchange · THS.L (GBp) Other OTC · TIHRF (USD)
Description

Tharisa plc operates as an investment holding company with a comprehensive focus on the mining, processing, value addition, marketing, sales, and distribution of platinum group metals (PGM) and chrome concentrates. Its global footprint extends across South Africa, China, Singapore, Hong Kong, Australia, Japan, and other international territories. The company's diverse business activities are structured into four primary divisions: PGM, Chrome, Agency and Trading, and Manufacturing. Its robust PGM basket includes platinum, palladium, rhodium, gold, ruthenium, iridium, nickel, and copper. A cornerstone of its operations is the wholly-owned Tharisa mine, an open-pit PGM and chrome extraction site strategically located on the south-western limb of South Africa's Bushveld Complex. Beyond PGMs, Tharisa supplies various grades of chrome concentrates – specifically chemical, foundry, and metallurgical – catering to manufacturers of stainless steel and ferrochrome, as well as general commodity traders. Furthermore, Tharisa plc also includes a manufacturing arm dedicated to the production of mining equipment. Established in 2008, the company's corporate headquarters are situated in Paphos, Cyprus.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
Loading outlook…
Loading forecast...
Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
Loading risk profile…
Price Chart
Averages
Trend
Price
Levels
Draw
USD1.48 +0.00 (+0.00%)
Loading historical data…
Volume Profile
Loading…
Liquidity & share structure
Average Volume
775
Beta
0.68
Float Shares
102.70M
Free Float %
34.9%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.00% -0.18% +19.09% -15.77% +32.83% +7.25% +108.05% +48.86% -13.66% +152.23% +152.23%
Rolling Volatility
Loading…
Drawdown
Loading…
Relative Strength
Loading…
Monthly Returns Heatmap
From To
Loading…
Annual Monthly Returns
Loading…
Daily Returns Distribution
vs.
Loading histogram data…

Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
1.48
DCF (Unlevered) 4.36 +194.3%
DCF (Levered) 2.61 +76.5%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Quality scores
Altman Z-Score
3.14
Safe zone
Piotroski F-Score
7 / 9
Strong
MOAT Score
3 / 10
No MOAT
Operational MOAT
✗ Below peers
  • Revenue growth Other Precious Metals: +13.2%
    -7.1% Q1'26: -4.3% (vs Q1'24)
  • EPS growth Other Precious Metals: +50.2%
    -3.7% Q1'26: +25.0% (vs Q1'24)
  • FCF margin FCF growth · Other Precious Metals: +23.8%
    +9.2% Q1'26: -1.7% (vs Q1'24)
  • EBIT margin Other Precious Metals: +5.1%
    +18.6% Q1'26: +20.3% (vs Q1'24)
  • ROIC Other Precious Metals: +2.2%
    +11.0% Q1'26: +23.0% (vs Q1'24)
  • Share dilution Other Precious Metals: -3.0%
    -0.9% Q1'26: -2.0% (vs Q1'24)
  • Debt / EBITDA Net debt/EBITDA · Other Precious Metals: 0.37×
    0.56× Q1'26: 0.32× (vs Q1'24)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.65) × ERP
WACC = 83% × Ke + 17% × Kd (6.7%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 4.36 Current price: 1.48
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Sep 2015
actual
Sep 2016
actual
Sep 2017
actual
Sep 2018
actual
Sep 2019
actual
Sep 2020
actual
Sep 2021
actual
Sep 2022
actual
Sep 2023
actual
Sep 2024
actual
Sep 2025
actual
Sep 2026
3 Rev. Ana.
1 EPS Ana.
Sep 2027
3 Rev. Ana.
1 EPS Ana.
Sep 2028
1 Rev. Ana.
1 EPS Ana.
Sep 2029
1 Rev. Ana.
1 EPS Ana.
Sep 2030
2 Rev. Ana.
1 EPS Ana.
Revenue
246.78M
est: 256.90M (-3.9%)
235.86M
est: 228.60M (+3.2%)
346.14M
est: 335.26M (+3.2%)
375.76M
est: 388.15M (-3.2%)
324.33M
est: 355.59M (-8.8%)
395.20M
est: 409.80M (-3.6%)
596.35M
est: 676.33M (-11.8%)
686.00M
est: 700.56M (-2.1%)
621.52M
est: 667.18M (-6.8%)
721.39M
est: 703.00M (+2.6%)
670.22M
est: 609.64M (+9.9%)
732.03M
665.70M – 781.86M
+20.1% YoY
784.38M
753.02M – 814.33M
+7.2% YoY
962.58M
900.67M – 1.01B
+22.7% YoY
1.13B
1.06B – 1.19B
+17.8% YoY
1.23B
1.15B – 1.29B
+8.4% YoY
EBITDA
29.80M
est: 73.94M (-59.7%)
45.64M
est: 65.79M (-30.6%)
112.26M
est: 96.49M (+16.3%)
97.20M
est: 111.71M (-13.0%)
46.21M
est: 102.34M (-54.8%)
108.28M
est: 117.94M (-8.2%)
201.32M
est: 194.65M (+3.4%)
232.10M
est: 201.62M (+15.1%)
139.62M
est: 192.01M (-27.3%)
184.28M
est: 202.32M (-8.9%)
189.64M
est: 175.45M (+8.1%)
210.68M
191.59M – 225.02M
+20.1% YoY
225.74M
216.72M – 234.36M
+7.2% YoY
277.03M
259.21M – 291.59M
+22.7% YoY
326.27M
305.28M – 343.41M
+17.8% YoY
353.70M
330.95M – 372.29M
+8.4% YoY
EBIT
21.49M
est: 56.36M (-61.9%)
33.78M
est: 50.15M (-32.6%)
97.26M
est: 73.55M (+32.2%)
68.90M
est: 85.15M (-19.1%)
19.97M
est: 78.00M (-74.4%)
80.00M
est: 89.90M (-11.0%)
167.92M
est: 148.37M (+13.2%)
195.30M
est: 153.68M (+27.1%)
101.74M
est: 146.36M (-30.5%)
129.56M
est: 154.22M (-16.0%)
124.63M
est: 133.74M (-6.8%)
160.58M
146.03M – 171.52M
+20.1% YoY
172.07M
165.19M – 178.64M
+7.2% YoY
211.16M
197.58M – 222.26M
+22.7% YoY
248.69M
232.70M – 261.76M
+17.8% YoY
269.60M
252.26M – 283.77M
+8.4% YoY
Net Income
4.62M
est: -7.62M (+160.7%)
13.81M
est: 22.99M (-39.9%)
57.60M
est: 66.94M (-14.0%)
48.43M
est: 54.44M (-11.0%)
10.62M
est: 22.72M (-53.3%)
43.30M
est: 46.76M (-7.4%)
100.47M
est: 133.82M (-24.9%)
153.88M
est: 136.47M (+12.8%)
82.24M
est: 92.57M (-11.2%)
82.90M
est: 85.81M (-3.4%)
79.13M
est: 50.91M (+55.4%)
103.37M
94.73M – 110.43M
+103.1% YoY
116.12M
106.42M – 124.06M
+12.3% YoY
129.23M
118.42M – 138.06M
+11.3% YoY
160.14M
146.75M – 171.08M
+23.9% YoY
158.52M
145.26M – 169.35M
-1.0% YoY
SGA
8.93M
est: 13.92M (-35.9%)
8.08M
est: 12.39M (-34.8%)
25.48M
est: 18.17M (+40.3%)
11.82M
est: 21.03M (-43.8%)
35.11M
est: 19.27M (+82.2%)
32.90M
est: 22.20M (+48.2%)
41.55M
est: 36.65M (+13.4%)
45.23M
est: 37.96M (+19.2%)
50.36M
est: 36.15M (+39.3%)
19.55M
est: 38.09M (-48.7%)
18.22M
est: 33.03M (-44.8%)
39.66M
36.07M – 42.36M
+20.1% YoY
42.50M
40.80M – 44.12M
+7.2% YoY
52.16M
48.80M – 54.90M
+22.7% YoY
61.43M
57.47M – 64.65M
+17.8% YoY
66.59M
62.31M – 70.09M
+8.4% YoY
EPS
0.02
est: -0.03 (+180.0%)
0.05
est: 0.08 (-28.8%)
0.22
est: 0.22 (+0.2%)
0.19
est: 0.18 (+6.4%)
0.04
est: 0.07 (-48.7%)
0.16
est: 0.15 (+4.3%)
0.37
est: 0.44 (-15.7%)
0.54
est: 0.45 (+20.6%)
0.27
est: 0.30 (-11.1%)
0.28
est: 0.28 (-0.5%)
0.27
est: 0.17 (+61.7%)
0.34
0.31 – 0.36
+103.1% YoY
0.38
0.35 – 0.41
+12.3% YoY
0.42
0.39 – 0.45
+11.3% YoY
0.53
0.48 – 0.56
+23.9% YoY
0.52
0.48 – 0.56
-1.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-21 A+ 4/5 5/5 4/5 5/5 2/5 3/5 5/5
2026-05-07 A+ 4/5 5/5 4/5 5/5 2/5 3/5 5/5
2026-04-28 A+ 4/5 5/5 4/5 5/5 2/5 3/5 5/5
2026-04-23 A 4/5 5/5 4/5 5/5 1/5 3/5 4/5
2026-04-22 A 4/5 5/5 4/5 5/5 1/5 3/5 4/5
2026-04-21 A 4/5 5/5 4/5 5/5 1/5 3/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-23.12M
OE per share TTM
-0.08
Owner's Yield
-4.51%
Maintenance CapEx ratio
61.70%
Maint CapEx / Avg PPE
92.5%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
51.5K
Shares Outstanding
294.18M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Loucas Christos Pouroulis Executive Chairman of the Board 981.0K male
Phoevos Pouroulis Chief Executive Officer & Director 772.0K male
Michael Gifford Jones Chief Financial Officer & Director 587.0K male
Michelle Louise Taylor Chief Operating Officer female
Raymond Charles Lewis Kantor Executive Legal Counsel & Executive of Legal Affairs male
Sanet Findlay Company Secretary female
Hans van Wyk Group Chief Technology Officer male
Suren Singh Group Head of Internal Audit male
Ilja Graulich Head of Investor Relations & Communications male
Lucien Matthews Managing Director of Special Projects male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

Share your view on this stock and instantly see how the community has voted over the last 6 months.

These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits