SBSW vs NEXM vs LZM Stock Comparison

Sibanye Stillwater, NexMetals Mining and Lifezone Metals Prices as of Oct 29, 2026 Peers: Industry group
SBSW Sibanye Stillwater Ltd
$9.23 -9.2% 1M -14.1% 1Y
Market cap
$6.01B
P/E
–
Revenue (TTM)
—
Div. yield
–
Platinum and Palladium Basic Materials
4 wins
NEXM NexMetals Mining Corp.
$1.41 -26.6% 1M -65.1% 1Y
Market cap
$47.13M
P/E
–
Revenue (TTM)
$314.41K
Div. yield
–
Copper Basic Materials
2 wins
LZM Lifezone Metals Ltd
$3.65 -5.4% 1M -26.9% 1Y
Market cap
$301.99M
P/E
–
Revenue (TTM)
$1.00M
Div. yield
–
Copper Basic Materials
1 win

Head to Head

7 decided of 12

Sibanye Stillwater leads on 4 of the 12 questions below (Sibanye Stillwater 4, NexMetals Mining 2, Lifezone Metals 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionSBSWNEXMLZMLeader
Larger companyMarket capitalisation $6.01B $47.13M $301.99M SBSW
Cheaper on earningsLower P/E, profitable companies only — -1.3x -10.1x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 4.1x — — –
Faster revenue growthRevenue growth, trailing twelve months — +280.5% +62.4% NEXM
More profitableNet margin, trailing twelve months — -11,801.7% -2,979.5% LZM
Better return on capitalReturn on invested capital — — — –
Less leveragedLower net debt / EBITDA — — — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -14.1% -65.1% -26.9% SBSW
Better 5-year returnAnnualised price return, 5 years -8.3%/yr -46.2%/yr — SBSW
Less volatileAnnualised volatility, 1 year 65.0% 69.3% 79.5% SBSW
Higher overall scoreMean of the five percentile scores vs peers — 38/100 37/100 NEXM

Percentile Scorecard

SBSWNEXMLZM

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisSBSWNEXMLZM
Valuation – 8 #150 of 163 10 #147 of 163
Growth – 59 #62 of 148 52 #71 of 148
Profitability – 3 #120 of 123 12 #108 of 123
Financial Health – 82 #30 of 164 15 #140 of 164
Shareholder Returns 100 #1 of 108 – 94 #8 of 108
Overall – 38 37
  • SBSW ranked among 176 companies in Metals and Mining
  • NEXM ranked among 176 companies in Metals and Mining
  • LZM ranked among 176 companies in Metals and Mining

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodSBSWNEXMLZMSPY
1 month -9.2%-26.6%-5.4% +0.7%
3 months +1.5%-33.8%+10.6% +3.7%
6 months -23.2%-47.8%-33.4% +7.1%
Year to date -35.2%-63.9%-14.5% +12.8%
1 year -14.1%-65.1%-26.9% +11.9%
3 years +77.8%-93.8%-61.0% +85.2%
3 years, per year +21.2%-60.4%-26.9% +22.8%
5 years -35.0%-95.5%— +67.6%
5 years, per year -8.3%-46.2%— +10.9%
10 years -10.9%-97.9%— +262.0%
10 years, per year -1.1%-32.1%— +13.7%

Risk

MeasureSBSWNEXMLZMSPY
Volatility, 1Y 65.0%69.3%79.5% 12.7%
Downside volatility, 1Y 66.2%71.4%79.8% 12.6%
Beta vs S&P 500, 1Y 2.651.522.69 1.00
Return / volatility, 1Y -0.22-0.94-0.34 0.94
Max drawdown, 5Y -84.4%-97.2%-82.1% -25.4%
From 52-week high -56.3%-68.9%-38.8% -1.2%
52-week high $21.12$4.54$5.96 $779.14
52-week low $8.00$1.38$3.01 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleSBSWNEXMLZM
P/E now vs peer median —median 13.2x -1.4xmedian 13.2x -9.7xmedian 13.2x
P/S now vs peer median —median 3.1x 159.9xmedian 3.1x 310.8xmedian 3.1x
EV/EBITDA now vs peer median —median 7.2x —median 7.2x -14.7xmedian 7.2x
P/FCF now vs peer median —median 15.2x -0.8xmedian 15.2x -4.5xmedian 15.2x
P/B now vs peer median —median 2.2x 1.2xmedian 2.2x 3.5xmedian 2.2x
PEG now vs peer median —median 0.30 -0.06median 0.30 -0.16median 0.30

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsSBSWNEXMLZM
Revenue – $314.41K $1.00M
Gross profit – – $70.01M
Operating income – – -$21.48M
Net income – -$37.11M -$30.18M
Free cash flow – -$60.22M -$68.77M
R&D – $26.75M –
EPS (diluted) – $-1.04 $-0.35
Cash & equivalents – $11.93M $22.17M
Total debt $2.24B $3.73M –
Shares (diluted) 707.64M 35.65M 85.97M
Enterprise value $6.01B -$22.82M $209.87M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricSBSWNEXMLZM
P/E – -1.4x -9.7x
P/FCF – -0.8x -4.5x
P/Operating cash flow – -1.5x -19.7x
P/S – 159.9x 310.8x
P/B – 1.2x 3.5x
P/Tangible book – 1.2x 3.5x
EV/EBITDA – – -14.7x
EV/EBIT – – -13.5x
EV/Revenue – 124.6x 288.7x
EV/FCF – -0.7x -4.2x
EV/Operating cash flow – -1.2x -18.3x
PEG (3Y EPS CAGR) – -0.06 -0.16

Growth

14 metrics
MetricSBSWNEXMLZM
Revenue growth (1Y) – 280.5% 62.4%
Revenue CAGR (3Y) – 48.4% -24.6%
Gross profit growth (1Y) – – -37.0%
Gross profit CAGR (3Y) – – –
Operating income growth (1Y) – – -16.0%
Operating income CAGR (3Y) – – 61.5%
Net income growth (1Y) – 3.3% -6.4%
Net income CAGR (3Y) – 8.0% 56.9%
EPS growth (1Y) – 41.8% -4.4%
EPS CAGR (3Y) – 22.0% 61.3%
Operating cash flow growth (1Y) – -11.0% 49.0%
Operating cash flow CAGR (3Y) – -5.8% –
Free cash flow growth (1Y) – -90.2% -37.7%
Free cash flow CAGR (3Y) – -35.7% –

Profitability

14 metrics
MetricSBSWNEXMLZM
Gross margin – – 6,972%
EBITDA margin – – -1,964%
Operating margin – – -2,139%
Pretax margin – – -3,028%
Net margin – -11,802% -2,980%
FCF margin – -19,155% -6,848%
Operating cash flow margin – -10,819% -1,575%
Return on equity – – -33.0%
Return on assets – – -14.6%
Return on invested capital – – –
Return on capital employed – – -14.5%
Asset turnover – 0.0x 0.0x
Cash conversion (OCF / net income) – 0.9x 0.5x
Stock comp / revenue – 669.6% –

Financial Health

11 metrics
MetricSBSWNEXMLZM
Debt / assets – 1.7% –
Debt / equity – 0.0x –
Net debt / EBITDA – – –
Debt / FCF – 0.0x –
Liabilities / assets – 12.7% 56.7%
Equity / assets – 87.3% 43.3%
Interest coverage – – -2.1x
Current ratio – 5.2x 0.5x
Quick ratio – 4.7x 0.4x
Cash ratio – 4.7x 0.4x
Altman Z-score – – -2.22

Shareholder Returns

7 metrics
MetricSBSWNEXMLZM
Dividend yield 8.7% – –
Net buyback yield – – 3.3%
Shareholder yield 8.7% – 3.3%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusSBSWNEXMLZM
Forward P/E 4.1xFY2026 – –
EPS, next fiscal year $2.23FY2026 – $-0.31FY2026
EPS growth, the year after -9.4% – –
Revenue, next fiscal year $10.54BFY2026 – $1.57MFY2026
Revenue growth, next FY +30.5%FY2026 – +45.8%FY2026
Revenue growth, the year after +8.7% – -11.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersSBSWNEXMLZM
Held by institutions 18.3% 17.5% 29.5%
Institutions holding 256 15 90
Change in shares held, QoQ -6.9% -7.1% +9.5%
Institutions buying 127 7 63
Institutions selling 90 4 17
Buyers to sellers 1.41 1.75 3.71

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

SBSWNEXMLZM
SBSW 1.00 0.43 0.45
NEXM 0.43 1.00 0.32
LZM 0.45 0.32 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, SBSW, NEXM and LZM?

Sibanye Stillwater (SBSW) is the largest by market capitalisation: Sibanye Stillwater (SBSW) $6.01B, NexMetals Mining (NEXM) $47.13M, Lifezone Metals (LZM) $301.99M.

Which company is growing faster?

NexMetals Mining (NEXM) grew revenue fastest over the trailing twelve months: NexMetals Mining (NEXM) +280.5%, Lifezone Metals (LZM) +62.4%.

Which company is more profitable?

Lifezone Metals (LZM) has the highest net margin (NexMetals Mining (NEXM) -11,801.7%, Lifezone Metals (LZM) -2,979.5%).

Which stock has performed better?

Over the past year Sibanye Stillwater (SBSW) returned the most: Sibanye Stillwater (SBSW) -14.1%, NexMetals Mining (NEXM) -65.1%, Lifezone Metals (LZM) -26.9%. Over five years, Sibanye Stillwater (SBSW) compounded fastest (Sibanye Stillwater (SBSW) -8.3%/yr, NexMetals Mining (NEXM) -46.2%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Sibanye Stillwater (SBSW) has been the steadiest (Sibanye Stillwater (SBSW) 65.0%, NexMetals Mining (NEXM) 69.3%, Lifezone Metals (LZM) 79.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, SBSW, NEXM and LZM?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Sibanye Stillwater (SBSW) leads on 4. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.