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Alphamin Resources Corp (APH) Fair Value & Analysis

Basic Materials · ZA · Market cap 22.1B ZAC

AR Alphamin Resources Corp APH · JSE
PriceR16.65
Fair ValueR1.99
Upside-88.0%
Quality80/100
Evidence: Medium Range R1.50 – R3.47

Fair value as of: Jun 26, 2026

From 26 valuation models · updated 3 days ago

Share price +4.3% over the past month.

Price vs Fair Value (12 months)

R18.29 R8.52 Fair Value R1.99 Jun 2025 Jun 2026

12‑month range R8.52 – R18.29 · fair‑value band R1.50 – R3.47 · the R16.65 price screens above the R1.99 fair value. As of Jun 26, 2026.

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Analysis

Alphamin Resources Corp (APH) currently trades at R16.65, while our model-based Fair Value estimate is R1.99 — implying the stock looks roughly 88.0% overvalued today. We read business quality at 80/100 (high quality), in the Basic Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: medium).

Over the trailing twelve months, Alphamin Resources Corp generated revenue of 740M ZAR at a net margin of 25.5%. Revenue grew 99.3% year over year. It earns a return on equity of 48.2%. The balance sheet holds a net cash position of 11.9M ZAR. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) 740M ZAC
Revenue growth (YoY) +99.3%
Net margin 25.5%
Return on equity 48.2%
Free cash flow 192M ZAC FY2025
P/E ratio 7.1
More key figures
Operating margin 58.8%
EPS (TTM) R2.43
Dividend yield 0.0%
EPS growth (YoY) +172%
Net cash 11.9M ZAC FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.

About the company

Alphamin Resources Corp., together with its subsidiaries, produces and sells tin concentrates. Its principal project is the Bisie tin mine located in the Democratic Republic of Congo. The company was formerly known as La Plata Gold Corporation and changed its name to Alphamin Resources Corp. in October 2008. The company was incorporated in 1981 and is headquartered in Grand Baie, Mauritius. Alphamin Resources Corp. is a subsidiary of Alpha Mining Ltd.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Alphamin Resources Corp reported revenue of R632M in FY2025 versus R353M in FY2021, a compound +15.7%/yr. Reported net income was R151M in FY2025, compounding +32.9%/yr from FY2021.

Revenue +15.7%/yr
FY21 R353M
FY22 R391M
FY23 R289M
FY24 R528M
FY25 R632M
Net income +32.9%/yr
FY21 R48.2M
FY22 R101M
FY23 R47.2M
FY24 R101M
FY25 R151M

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Frequently asked questions

Is Alphamin Resources Corp (APH) undervalued?
As of Jun 26, 2026, our model estimates a fair value of R1.99 versus a price of R16.65 — about −88% (overvalued). Model-based estimate, not financial advice.
What is the fair value of APH?
Our 21-model fair value for Alphamin Resources Corp is R1.99 (as of Jun 26, 2026), built from audited fundamentals. The current price is R16.65.
What is the quality score of APH?
Alphamin Resources Corp has a Quality Score of 80/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Alphamin Resources Corp (APH)?
Alphamin Resources Corp reported trailing-twelve-month revenue of about 740M ZAR (latest available figure, as of Jun 26, 2026).
What is the net profit margin of APH?
The net profit margin of Alphamin Resources Corp is about 25.5%, meaning it keeps roughly 25.5% of revenue as net income. Based on the latest reported figures.
Does Alphamin Resources Corp pay a dividend?
Alphamin Resources Corp currently shows a dividend yield of about 0.01% relative to its recent price (as of Jun 26, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.