XJSE
MRF
Market cap180mUSD
Jun 06, Last price
128.00ZAR
1D
3.23%
1Q
-2.29%
Jan 2017
-22.42%
Name
Merafe Resources Ltd
Chart & Performance
Profile
Merafe Resources Limited, together with its subsidiaries, engages in the mining and beneficiation of chrome ore into ferrochrome. The company operates five ferrochrome smelters, twenty-two ferrochrome furnaces, six chrome ore mines, and five UG2 plants. It primarily serves stainless steel mills in Africa, the Middle East, the United States, Brazil, Mexico, China, India, Indonesia, Japan, South Korea, Taiwan, Australia, Germany, Italy, Spain, France, and Belgium. The company was incorporated in 1987 and is based in Bryanston, South Africa.
Valuation
Title ZAR in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2024‑12 | 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
Income | ||||||||||
Revenues | 8,439,354 -8.70% | 9,244,022 16.48% | 7,936,110 -1.54% | |||||||
Cost of revenue | 249,319 | 219,473 | ||||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 8,439,354 | 8,994,703 | 7,716,637 | |||||||
NOPBT Margin | 100.00% | 97.30% | 97.23% | |||||||
Operating Taxes | 219,146 | 600,292 | 539,467 | |||||||
Tax Rate | 2.60% | 6.67% | 6.99% | |||||||
NOPAT | 8,220,208 | 8,394,411 | 7,177,170 | |||||||
Net income | 667,207 -61.94% | 1,752,964 24.32% | 1,410,010 -15.75% | |||||||
Dividends | (1,049,633) | (824,712) | (849,703) | |||||||
Dividend yield | 30.22% | 25.78% | 25.76% | |||||||
Proceeds from repurchase of equity | ||||||||||
BB yield | ||||||||||
Debt | ||||||||||
Debt current | 1,150 | 3,148 | 125,731 | |||||||
Long-term debt | 10,596 | 14,970 | 22,002 | |||||||
Deferred revenue | ||||||||||
Other long-term liabilities | 149,610 | 153,938 | 277,868 | |||||||
Net debt | (1,783,165) | (1,689,126) | (1,166,238) | |||||||
Cash flow | ||||||||||
Cash from operating activities | 1,777,236 | 1,879,326 | 1,697,696 | |||||||
CAPEX | (662,192) | (671,365) | (484,237) | |||||||
Cash from investing activities | (657,155) | (671,365) | (497,769) | |||||||
Cash from financing activities | (1,052,819) | (828,596) | (853,834) | |||||||
FCF | 10,476,341 | 6,349,555 | 6,758,015 | |||||||
Balance | ||||||||||
Cash | 1,794,911 | 1,655,807 | 1,268,599 | |||||||
Long term investments | 51,437 | 45,372 | ||||||||
Excess cash | 1,372,943 | 1,245,043 | 917,166 | |||||||
Stockholders' equity | 3,612,230 | 3,994,656 | 3,066,404 | |||||||
Invested Capital | 3,658,655 | 4,176,495 | 3,773,708 | |||||||
ROIC | 209.83% | 211.17% | 199.01% | |||||||
ROCE | 161.74% | 157.99% | 160.03% | |||||||
EV | ||||||||||
Common stock shares outstanding | 2,499,127 | 2,499,127 | 2,499,127 | |||||||
Price | 1.39 8.59% | 1.28 -3.03% | 1.32 10.00% | |||||||
Market cap | 3,473,786 8.59% | 3,198,882 -3.03% | 3,298,847 9.69% | |||||||
EV | 1,690,621 | 1,509,756 | 2,132,609 | |||||||
EBITDA | 8,793,764 | 9,255,340 | 7,936,110 | |||||||
EV/EBITDA | 0.19 | 0.16 | 0.27 | |||||||
Interest | 155 | 2,670 | 191 | |||||||
Interest/NOPBT | 0.00% | 0.03% | 0.00% |