Northam Platinum Holdings vs Fresenius SE & Co. KGaA: Fair Value & Quality
Both stocks run through our valuation models. Here is how Northam Platinum Holdings (NPH) and Fresenius SE & Co. KGaA (FRE) compare, as of Aug 14, 2026.
As of Aug 14, 2026, Fair Value Calculator sees Fresenius SE & Co. KGaA as the less overvalued of the two: Northam Platinum Holdings trades at ZAR 270 versus a fair value of ZAR 64.28 (-76%), while Fresenius SE & Co. KGaA trades at €47.08 versus €32.15 (-32%).
Northam Platinum Holdings
NPH.JSE · ZAC · Materials
-76%
upside to fair value
overvalued
PriceZAR 270
Fair ValueZAR 64.28
Quality52/100
Fresenius SE & Co. KGaA
FRE.XETRA · EUR · Health Care
-32%
upside to fair value
overvalued
Price€47.08
Fair Value€32.15
Quality57/100
Head-to-head numbers
Green value = the better side for that row (for valuation multiples: lower = cheaper).
Northam Platinum HoldingsFresenius SE & Co. KGaA
Valuation
10.4×P/E (TTM)15.6×
2.26×P/S (TTM)1.18×
2.93×P/B1.42×
10.0×EV/EBITDA11.5×
—PEG0.77×
0.0%Dividend yield2.5%
ZAR 9.00Dividend per share€1.05
Profitability
22%Net margin6%
25%Operating margin10%
26%Return on equity8%
9%Return on assets3%
Growth
60%Revenue growth (YoY)2%
-1.2%Avg. growth/yr (3Y)2.4%
13.1%Avg. growth/yr (5Y)-8.8%
Balance & size
0.34×Debt / equity0.48×
$6BMarket cap$27B
expensiveGrowth qualityweak
Northam Platinum Holdings leads: 9 to 4 metric wins.
Dash = not meaningfully computable, for example with negative equity.
Quality in detail
The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.
Northam Platinum Holdingsof which business quality 49 · market factors 32Fresenius SE & Co. KGaAof which business quality 55 · market factors 57
ProfitabilityMargins and returns on capital today
27
32
Quality GrowthAre margins and returns improving?
26
57
CashflowEarnings quality: real cash, not paper profit
InvestmentDisciplined investing over empire-building
71
92
Low VolatilityCalm price path (market factor)
34
78
MomentumPrice trend over the last 3–12 months (market factor)
25
45
52W MomentumDistance to the 52-week high (market factor)
44
56
Net IssuanceBuybacks instead of dilution
75
81
What the models say
The median fair value (base case) per model family, each in the currency of its trading venue. Green = above the current price, red = below.
Northam Platinum Holdings
Earnings-BasedZAR 58.67
Dividend DiscountZAR 14.81
MultiplesZAR 84.50
Asset-BasedZAR 54.70
Economic ProfitZAR 60.93
Growth EarningsZAR 78.26
16 of 16 models see the stock below the current price.
Fresenius SE & Co. KGaA
DCF Models€28.71
Earnings-Based€17.93
Dividend Discount€16.93
Multiples€43.76
Asset-Based€22.73
Growth DCF€25.33
Economic Profit€23.30
Growth Earnings€39.20
21 of 25 models see the stock below the current price.
Scenario ranges
From our cautious bear case to the optimistic bull case. The white tick is the current price: left of fair value means room to run.
Northam Platinum Holdings
Bear ZAR 48.21Fair Value ZAR 64.28Bull ZAR 80.35
ZAR 270 = current price (white tick)
Fresenius SE & Co. KGaA
Bear €27.44Fair Value €32.15Bull €48.50
€47.08 = current price (white tick)
Compare two other stocks
Tap a field and type again, ticker or company name.
Free, no sign-up
Ranked within their sector
Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.
Northam Platinum Holdings · Materials
Quality score52 · above median
Fair value upside-76% · bottom 25%
Fresenius SE & Co. KGaA · Health Care
Quality score57 · above median
Fair value upside-32% · below median
Bottom line
As of Aug 14, 2026, Fair Value Calculator sees Fresenius SE & Co. KGaA as the less overvalued of the two: Northam Platinum Holdings trades at ZAR 270 versus a fair value of ZAR 64.28 (-76%), while Fresenius SE & Co. KGaA trades at €47.08 versus €32.15 (-32%).
Fresenius SE & Co. KGaA has the higher quality score (57/100).
Just your email for the monthly Top-25 report of the most undervalued quality stocks, with fair value, quality and price target. Plus 14 days of Pro to try, no card.
Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click. Not financial advice.
A model-based valuation snapshot from 21 models. Values change with price and fundamentals; the date shown above applies.
