MINERAL RESOURCES LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 70.2 AUD | +2.01% |
|
+2.87% | +0.29% |
| Apr. 25 | Lord Resources to Raise AU$1.5 Million via Placement | MT |
| Apr. 24 | Mineral Resources Ships 4.5 Million Tonnes of Iron Ore in Fiscal Q3 | MT |
Valuation
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 2,807 | 3,976 | 10,135 | 9,081 | 13,786 | 13,693 | - | - |
| Enterprise Value (EV) 1 | 3,704 | 3,745 | 9,855 | 9,779 | 15,641 | 18,383 | 18,359 | 17,777 |
| P/E ratio | 17.2 x | 3.97 x | 7.98 x | 26.1 x | 56.6 x | 27.5 x | 21 x | 13.4 x |
| Yield | 2.94% | 4.72% | 5.12% | 2.07% | 2.66% | 0.53% | 1.4% | 3.01% |
| Capitalization / Revenue | 1.86 x | 1.87 x | 2.71 x | 2.66 x | 2.88 x | 2.89 x | 2.35 x | 2.16 x |
| EV / Revenue | 2.45 x | 1.76 x | 2.64 x | 2.86 x | 3.27 x | 3.88 x | 3.15 x | 2.81 x |
| EV / EBITDA | 8.55 x | 4.9 x | 5.18 x | 9.55 x | 8.92 x | 16 x | 10.4 x | 6.9 x |
| EV / FCF | -6.33 x | 2.6 x | 20 x | -26.1 x | -28.5 x | -7.05 x | 36.5 x | 14.4 x |
| FCF Yield | -15.8% | 38.4% | 5.01% | -3.83% | -3.5% | -14.2% | 2.74% | 6.95% |
| Price to Book | 2.06 x | 1.76 x | 3.16 x | 2.83 x | 3.97 x | 3.35 x | 3.05 x | 2.67 x |
| Nbr of stocks (in thousands) | 187,383 | 187,803 | 188,624 | 188,138 | 192,996 | 195,060 | - | - |
| Reference price 2 | 14.98 | 21.17 | 53.73 | 48.27 | 71.43 | 70.20 | 70.20 | 70.20 |
| Announcement Date | 8/21/19 | 8/18/20 | 8/10/21 | 8/28/22 | 8/28/23 | - | - | - |
1AUD in Million2AUD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: Juni | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,512 | 2,125 | 3,734 | 3,418 | 4,779 | 4,744 | 5,830 | 6,332 |
| EBITDA 1 | 433 | 765 | 1,901 | 1,024 | 1,754 | 1,151 | 1,768 | 2,577 |
| EBIT 1 | 324 | 571.4 | 1,643 | 671.5 | 1,304 | 627.5 | 1,109 | 1,888 |
| Operating Margin | 21.43% | 26.89% | 44% | 19.65% | 27.29% | 13.23% | 19.03% | 29.82% |
| Earnings before Tax (EBT) 1 | 237 | 1,436 | 1,793 | 489.1 | 360.4 | 415.9 | 951 | 1,451 |
| Net income 1 | 165 | 1,002 | 1,270 | 349.2 | 243.3 | 478.7 | 654.4 | 977.6 |
| Net margin | 10.91% | 47.17% | 34.01% | 10.22% | 5.09% | 10.09% | 11.23% | 15.44% |
| EPS 2 | 0.8700 | 5.330 | 6.732 | 1.849 | 1.262 | 2.555 | 3.341 | 5.249 |
| Free Cash Flow 1 | -585.4 | 1,439 | 493.4 | -374.5 | -548.1 | -2,609 | 502.8 | 1,236 |
| FCF margin | -38.72% | 67.71% | 13.22% | -10.96% | -11.47% | -55% | 8.63% | 19.52% |
| FCF Conversion (EBITDA) | - | 188.07% | 25.96% | - | - | - | 28.45% | 47.95% |
| FCF Conversion (Net income) | - | 143.55% | 38.86% | - | - | - | 76.84% | 126.42% |
| Dividend per Share 2 | 0.4400 | 1.000 | 2.750 | 1.000 | 1.900 | 0.3729 | 0.9859 | 2.112 |
| Announcement Date | 8/21/19 | 8/18/20 | 8/10/21 | 8/28/22 | 8/28/23 | - | - | - |
1AUD in Million2AUD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: Juni | 2020 S1 | 2020 S2 | 2021 S1 | 2021 S2 | 2022 S1 | 2022 S2 | 2023 S1 | 2023 S2 | 2024 S1 | 2024 S2 | 2025 S1 | 2025 S2 | 2026 S1 | 2026 S2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | - | - | 1,530 | 2,203 | - | 2,064 | 2,350 | 2,429 | 2,515 | 2,248 | - | - | - | - |
| EBITDA 1 | 330 | 435 | 763 | 1,138 | 155.6 | 868.1 | 939 | 815 | 675 | 335 | 619.5 | 755.5 | - | - |
| EBIT 1 | - | - | - | 983.3 | -6.6 | 678.1 | 680.9 | 623 | 421 | 109.4 | 307.6 | 438.7 | - | - |
| Operating Margin | - | - | - | 44.63% | - | 32.85% | 28.97% | 25.65% | 16.74% | 4.87% | - | - | - | - |
| Earnings before Tax (EBT) 1 | - | - | - | - | - | 461.8 | 566.1 | -205.7 | 474.1 | -115.5 | 255 | 282 | - | - |
| Net income 1 | - | - | 519.3 | - | - | 330 | 388.6 | -145.3 | 518 | -81 | 179 | 198 | - | - |
| Net margin | - | - | 33.93% | - | - | 15.98% | 16.54% | -5.98% | 20.6% | -3.6% | - | - | - | - |
| EPS 2 | 4.701 | - | - | - | - | 1.747 | 2.022 | -0.7843 | 2.724 | -0.2950 | 0.9160 | 1.012 | - | - |
| Dividend per Share 2 | - | - | - | - | - | 1.000 | 1.000 | 0.7000 | 0.2000 | - | 0.3700 | 0.4000 | 0.7800 | 0.9300 |
| Announcement Date | 2/11/20 | 8/18/20 | 2/9/21 | 8/10/21 | 2/8/22 | 8/28/22 | 2/23/23 | 8/28/23 | 2/21/24 | - | - | - | - | - |
1AUD in Million2AUD
Estimates
Balance Sheet Analysis
| Fiscal Period: Juni | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 897 | - | - | 698 | 1,855 | 4,690 | 4,665 | 4,084 |
| Net Cash position 1 | - | 231 | 280 | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 2.072 x | - | - | 0.6814 x | 1.058 x | 4.075 x | 2.639 x | 1.584 x |
| Free Cash Flow 1 | -585 | 1,439 | 493 | -375 | -548 | -2,609 | 503 | 1,236 |
| ROE (net income / shareholders' equity) | 12.5% | 18.4% | 46.4% | 12.4% | 7.28% | 7.33% | 15.6% | 19.4% |
| ROA (Net income/ Total Assets) | 6.29% | 8.57% | 24.2% | 5.9% | 3.05% | 6.07% | 7.95% | 12% |
| Assets 1 | 2,623 | 11,690 | 5,242 | 5,916 | 7,975 | 7,890 | 8,231 | 8,147 |
| Book Value Per Share 2 | 7.270 | 12.10 | 17.00 | 17.10 | 18.00 | 21.00 | 23.00 | 26.30 |
| Cash Flow per Share 2 | 0.9900 | 3.160 | 6.940 | 1.480 | 7.020 | 4.870 | 6.340 | 9.170 |
| Capex 1 | 772 | 348 | 692 | 729 | 1,818 | 3,341 | 1,061 | 943 |
| Capex / Sales | 51.03% | 16.36% | 18.53% | 21.32% | 38.04% | 70.42% | 18.2% | 14.89% |
| Announcement Date | 8/21/19 | 8/18/20 | 8/10/21 | 8/28/22 | 8/28/23 | - | - | - |
1AUD in Million2AUD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
18
Last Close Price
70.2
AUD
Average target price
70.15
AUD
Spread / Average Target
-0.07%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +0.29% | 8.93B | |
| -14.40% | 143B | |
| -6.66% | 117B | |
| -0.55% | 71.07B | |
| +6.69% | 50.97B | |
| +13.30% | 48.38B | |
| +34.12% | 39.93B | |
| +22.92% | 26.1B | |
| +32.58% | 21.36B | |
| +58.44% | 18.57B |
- Stock Market
- Equities
- MIN Stock
- Financials Mineral Resources Limited
