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Merafe Resources Stock

Merafe Resources Stock MRF.JO

MRF.JO
ZAE000060000
A0DNNZ

Price

129.00
Today +/-
-0.14
Today %
-2.30 %

Merafe Resources stock price

%
Weekly
Details

Price

Overview

The Quote Chart provides detailed and dynamic insights into the Merafe Resources stock's performance, showcasing daily, weekly, or monthly aggregated quotes. Users can switch between different time frames to analyze the stock's progression meticulously and make informed investment decisions.

Intraday Feature

The intraday feature provides real-time data, allowing investors to view the Merafe Resources stock’s price fluctuations within the trading day, facilitating timely and strategic investment decisions.

Total Return and Relative Price Change

View the total return of the Merafe Resources stock to gauge its profitability over time. The relative price change, based on the first quote available in the selected timeframe, offers insights into the stock’s performance, assisting in evaluating its investment potential.

Interpretation and Investment

Utilize the comprehensive data presented in the Quote Chart to analyze Merafe Resources's market trends, price movements, and potential returns. Make informed investment choices by comparing different time frames and evaluating intraday data for optimized portfolio management.

Merafe Resources Stock Price History

DateMerafe Resources Price
7/23/2025129.00 undefined
7/22/2025132.00 undefined
7/21/2025133.00 undefined
7/18/2025125.00 undefined
7/17/2025131.00 undefined
7/16/2025134.00 undefined
7/15/2025134.00 undefined
7/14/2025134.00 undefined
7/11/2025134.00 undefined
7/10/2025129.00 undefined
7/9/2025128.00 undefined
7/8/2025129.00 undefined
7/7/2025130.00 undefined
7/4/2025132.00 undefined
7/3/2025131.00 undefined
7/2/2025131.00 undefined
7/1/2025133.00 undefined
6/30/2025131.00 undefined
6/27/2025130.00 undefined
6/26/2025130.00 undefined

Merafe Resources Revenue, EBIT, Net Income

  • 3 years

  • 5 years

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  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details

Revenue, EBIT and Profit

Understanding Revenue, EBIT, and Income

Gain insights into Merafe Resources, a comprehensive overview of its financial performance can be obtained by analyzing the Revenue, EBIT, and Income chart. Revenue represents the total income generated by Merafe Resources from its primary operations, showcasing the company’s ability to attract and retain clients. EBIT, or Earnings Before Interest and Taxes, indicates the company’s operational profitability, free from the influence of tax and interest expenses. The Income section reflects Merafe Resources’s net earnings, an ultimate measure of its financial health and profitability.

Yearly Analysis and Comparisons

Observe the yearly bars to understand the annual performance and growth of Merafe Resources. Compare the Revenue, EBIT, and Income to evaluate the company’s efficiency and profitability. A higher EBIT compared to the previous year suggests an improvement in operational efficiency. Likewise, an increase in Income indicates enhanced overall profitability. Analyzing the year-to-year comparison assists investors in understanding the company’s growth trajectory and operational efficiency.

Utilizing Expectations for Investment

The expected values for the forthcoming years offer investors a glimpse into Merafe Resources’s anticipated financial performance. Analyzing these projections alongside historical data aids in making informed investment decisions. Investors can gauge the potential risks and returns, aligning their investment strategies accordingly to optimize profitability and mitigate risks.

Investment Insights

Leveraging the comparison between Revenue and EBIT helps in assessing Merafe Resources’s operational efficiency, while the Revenue and Income comparison reveals the net profitability after accounting for all expenses. Investors can derive valuable insights by meticulously analyzing these financial parameters, laying the foundation for strategic investment decisions aimed at capitalizing on Merafe Resources’s growth potential.

Merafe Resources Revenue, EBIT and net profit per share

DateMerafe Resources RevenueMerafe Resources EBITMerafe Resources Net Income
2027e7.28 B undefined1.22 B undefined908.68 M undefined
2026e6.87 B undefined1.08 B undefined807.72 M undefined
2025e6.96 B undefined911.02 M undefined706.75 M undefined
20248.44 B undefined1.35 B undefined667.21 M undefined
20239.24 B undefined1.95 B undefined1.75 B undefined
20227.94 B undefined1.85 B undefined1.41 B undefined
20218.06 B undefined2.22 B undefined1.67 B undefined
20204.78 B undefined74.26 M undefined-1 B undefined
20195.38 B undefined-73.63 M undefined-1.36 B undefined
20185.61 B undefined798.9 M undefined683.42 M undefined
20175.89 B undefined1.37 B undefined914.12 M undefined
20165.7 B undefined881.49 M undefined532.43 M undefined
20154.43 B undefined465.22 M undefined343.46 M undefined
20143.61 B undefined353.18 M undefined214.1 M undefined
20133.5 B undefined325.9 M undefined151.8 M undefined
20122.54 B undefined99.9 M undefined48.9 M undefined
20112.43 B undefined145.8 M undefined116.8 M undefined
20102.56 B undefined455.8 M undefined278.7 M undefined
20091.84 B undefined-124.7 M undefined-152.3 M undefined
20082.78 B undefined1.53 B undefined1.03 B undefined
20071.66 B undefined418.9 M undefined240.1 M undefined
20061.03 B undefined153.3 M undefined139.1 M undefined
2005614.6 M undefined103.2 M undefined41.7 M undefined

Merafe Resources Income Statement, Balance Sheet, Cash Flow Statement

  • Simple

  • Expanded

  • Income Statement

  • Balance Sheet

  • Cashflow

 
REVENUE (B)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (B)
NET INCOME (B)
NET INCOME GROWTH (%)
DIV. ()
DIV. GROWTH (%)
SHARES (B)
DOCUMENTS
1998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025e2026e2027e
00.030.070.040.180.550.50.611.031.662.781.842.562.432.543.53.614.435.75.895.615.384.788.067.949.248.446.966.877.28
-1,500.00118.75-37.14315.91202.73-9.3922.3167.7560.6868.04-33.8739.10-5.164.7837.573.2022.6928.753.28-4.79-4.05-11.1468.66-1.5316.44-8.67-17.53-1.355.93
50.0025.0017.1411.36-40.44-4.698.7617.9217.3828.3457.9387.6062.9866.4163.3846.0744.6436.3828.2627.3628.7429.9533.7019.9820.2917.4319.0823.1423.4522.14
00.010.010.01-0.07-0.030.040.110.180.471.610000000000000000000
-0.010-0.02-0.02-0.15-0.110.010.040.140.241.03-0.150.280.120.050.150.210.340.530.910.68-1.36-11.671.411.750.670.710.810.91
---21.05539.13-27.21-104.67720.00239.0272.66327.92-114.80-282.89-58.27-58.62214.5841.7260.2855.1071.80-25.27-299.27-26.30-266.80-15.7224.26-61.935.8514.3112.52
------------------------------
------------------------------
0.050.090.180.931.031.161.311.392.332.422.492.462.482.492.52.52.522.512.512.512.512.512.512.512.52.52.5000
------------------------------
Details

Keystats

Revenue and Growth

The Merafe Resources Revenue and Revenue Growth are pivotal to understanding the company's financial health and operational efficiency. A consistent increase in revenue indicates a company’s ability to effectively market and sell its products or services, while the revenue growth percentage offers insights into the pace at which the company is expanding over the years.

Gross Margin

The Gross Margin is a crucial metric that showcases the percentage of revenue exceeding the cost of goods sold (COGS). A higher gross margin is indicative of a company’s efficiency in controlling its production costs, thereby promising potential profitability and financial stability.

EBIT and EBIT Margin

EBIT (Earnings Before Interest and Taxes) and EBIT Margin offer deep insights into a company’s profitability, excluding the impacts of interest and taxes. Investors often assess these metrics to gauge the operational efficiency and inherent profitability of a business, separate from its financial structure and tax environment.

Income and Growth

Net Income and its subsequent growth are quintessential for investors looking to understand a company’s profitability. Consistent income growth underscores a company’s ability to enhance its profitability over time, reflecting operational efficiency, strategic competitiveness, and financial health.

Shares Outstanding

Shares outstanding refer to the total number of shares a company has issued. It's instrumental in calculating key metrics like Earnings Per Share (EPS) which is pivotal for investors to evaluate a company’s profitability on a per-share basis, offering a more granular view of financial health and valuation.

Interpreting Year to Year Comparison

Comparing yearly data allows investors to identify trends, assess the company’s growth, and anticipate potential future performance. Analyzing how metrics like revenue, income, and margins change year over year can provide valuable insights into the company’s operational efficiency, competitiveness, and overall financial health.

Expectations and Predictions

Investors often juxtapose the current and past financial data with the market’s expectations. This comparison aids in assessing whether the Merafe Resources is performing as anticipated, underperforming or outperforming the market predictions, providing pivotal data for investment decisions.

 
ASSETS
CASH BALANCE (B)
RECEIVABLES (B)
OTHER REC. (M)
INVENTORIES (B)
OTHER CURRENT LIAB. (M)
CURRENT ASSETS (B)
TANGIBLE ASSETS (B)
LONG-T. INVEST. (M)
LONG-T. REC. (M)
INTANGIBLE ASSETS (M)
GOODWILL (M)
OTHER NON-CURRENT ASSETS (M)
NON-CURRENT ASSETS (B)
TOTAL ASSETS (B)
LIABILITIES
COMMON STOCK (B)
ADDITIONAL PAID-IN CAPITAL (B)
RETAINED EARNINGS (B)
OTHER EQUITY (M)
UNREAL. GAINS/LOSSES (M)
EQUITY (B)
LIABILITIES (M)
PROVISIONS (M)
OTHER SHORT-TERM LIAB. (M)
SHORT-TERM DEBTS (M)
LONG-TERM DEBT PORTION (M)
SHORT-TERM REC. (B)
LONG-T. LIAB. (M)
DEFERRED TAXES (M)
OTHER LIAB. (M)
LONG-T. LIABILITIES (B)
DEBT (B)
TOTAL CAPITAL (B)
199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
                                                     
00.0100.05000.060.090.020.040.540.420.320.220.080.090.040.330.290.670.280.350.280.971.271.661.79
00.010.010.020.010.050.140.280.270.240.20.180.360.190.280.60.510.181.340.780.820.630.821.550.861.351.12
1.700027.312.550.20412.556.45081.176.681.176.3137.81126.6282.9689.24165.2757.2569.934.2110.39253.52175.29
000.010.020.080.090.240.320.320.51.070.760.871.071.091.131.441.451.111.52.042.011.431.652.371.921.79
000000001.63.426.643.8-1.5-1.778.39.315.9917.235.6812.2412.54.5910.420.381.680.851.79
0.010.020.020.090.110.160.490.690.610.791.891.451.631.551.611.92.152.13.023.053.323.062.614.184.515.184.88
00.010.040.630.660.680.681.331.471.81.861.952.192.372.683.13.243.243.243.273.231.440.340.711.071.391.12
0.20.20.114.418.49.80.30.30.300000000000002.152.776.7114.1532.68
0.60.30.42.20.62.8000000000000013.861316.6113.9813.4452.8951.5281.99
0.30.30.30.30.30.30.30.300000000000051.3849.2738.5434.0629.6325.4121.19
000000000000000000000000000
0000000028.8000000013.521819.3417.7317.951.37110.373.397.170.960
0.010.010.040.650.680.690.681.331.491.81.861.952.192.372.683.13.253.263.253.33.311.50.50.771.171.481.26
0.010.030.060.740.790.851.172.022.112.593.753.43.823.924.2955.45.366.276.366.634.563.114.955.686.666.14
                                                     
0000.010.010.010.010.020.020.020.020.020.020.020.020.020.030.030.030.030.030.030.031.291.291.291.29
0.020.030.070.410.420.530.561.091.151.241.241.241.251.261.261.261.271.271.271.271.271.271.270000
-0.01-0.01-0.03-0.05-0.2-0.31-0.31-0.21-0.070.181.211.061.31.371.421.641.832.122.63.343.62.090.982.483.043.973.59
000000000000000000000000000
000000000000000000000000000
0.010.020.040.360.230.230.260.91.111.442.482.332.582.662.712.933.123.413.94.644.893.382.283.774.335.264.88
1.9514.463.49.76.7249559.3290.1322.7166.9163.5192199.5253.8295.8263.74256.88668.24550.56303.05428.51432.56610.26538.95757.71624.31
000000000057.346.977.260.468.163.5071.1900106.11112.8121.33125.27131.1135.1137.97
0000166.3191.6184.952.52629.7204.576.9150.8135.6127.1288.9290.7119.149.2111.57187.648.2586.19152.89258.4787.96162.27
0.11.64.430.508.924174.2107.1190.90000096.3207.0115.56333.7172.271.18000000
000045.549.254.70153.486.31.20.90.80.50.619.580.78101.18187.841.041.234.463.533.993.883.151.15
00.010.020.090.220.260.510.790.580.630.430.290.420.40.450.760.840.561.20.640.60.590.640.890.930.980.93
006.1284.2335.4359.9391.8324.8413.8400.9366.2363.6312.8312.8523.9576.3549.91472.76189.111.099.8819.9715.5810.929.065.914.72
00000000092449.2381.2469.5506.2551.2626.1687.22763.72829.53780.49751.1226.07092.23131.02271.55186.15
01.4000.80.94.27.61125.229.737.339.448.457.9111.5129.03142.5156.76292.9375.42338.72176.84179.65277.87141.37149.61
000.010.280.340.360.40.330.420.520.850.780.820.871.131.311.371.381.181.081.140.580.190.280.420.420.34
00.010.020.380.560.620.911.1211.151.281.071.241.261.582.082.211.942.371.721.741.180.841.181.351.41.27
0.010.030.060.740.790.851.172.022.112.593.753.43.823.924.2955.335.366.276.366.634.563.114.955.686.666.14
Details

Balance Sheet

Understanding the Balance Sheet

The balance sheet of Merafe Resources provides a detailed financial snapshot, revealing the company's assets, liabilities, and equity at a specific point in time. Analyzing these components is crucial for investors looking to understand Merafe Resources's financial health and stability.

Assets

Merafe Resources's assets represent everything the company owns or controls that has monetary value. These are categorized into current and non-current assets, offering insights into the company's liquidity and long-term investments.

Liabilities

Liabilities are obligations that Merafe Resources must settle in the future. Analyzing the ratio of liabilities to assets provides insights into the company's financial leverage and risk exposure.

Equity

Equity refers to the residual interest in the assets of Merafe Resources after deducting liabilities. It represents the owners’ claim on the company’s assets and earnings.

Year-to-Year Analysis

Comparing balance sheet figures year-to-year allows investors to identify trends, growth patterns, and potential financial risks, facilitating informed investment decisions.

Interpreting the Data

Detailed analysis of assets, liabilities, and equity can provide investors with comprehensive insights into Merafe Resources's financial standing, aiding in investment evaluations and risk assessments.

 
NET INCOME (B)
DEPRECIATION (M)
DEFERRED TAXES (M)
CHANGES IN WORKING CAPITAL (M)
NON-CASH ITEM (B)
PAID INTEREST (M)
PAID TAXES (M)
NET CASH FLOW FROM OPERATING ACTIVITIES (B)
CAPITAL EXPENDITURES (M)
CASH FLOW FROM INVESTING ACTIVITIES (M)
CASH FLOW FROM OTHER INVESTING ACTIVITIES (M)
INTEREST INCOME AND EXPENSES (M)
NET DEBT CHANGE (M)
NET CHANGE IN EQUITY (M)
CASH FLOW FROM FINANCING ACTIVITIES (M)
CASH FLOW FROM OTHER FINANCING ACTIVITIES (M)
TOTAL DIVIDENDS PAID (M)
NET CHANGE IN CASH FLOW (M)
FREE CASH FLOW (M)
SHARE-BASED COMPENSATION (M)
1998null19992000nullnull200120022003null2004200520062007200820092010201120122013201420152016201720182019202020212022
-0.01-0.010-0.020-0.02-0.02-0.15-0.11-0.110.010.040.110.361.47-0.220.390.210.080.290.30.480.741.280.94-1.87-1.352.331.95
0015156242828267254677106113153217253237273329368405467153111219
00000000000000000000000000000
-1-1-1-3-1-3-29-5-81-81-75-59-343-179-737197-313-42-64-176-33336-530-598-1,014116395-1,087-558
0000.0100.010.020.050.060.060.040.060.10.070.070.080.05-0.020.030.120.10.17-0.040.350.141.981.29-0.190.09
0000009535959426039555539332929194341502101123
0000000000033208723307-24658172366325-50431456
-0-00-00-0-0.03-0.07-0.1-0.100.05-0.10.30.880.170.250.30.260.490.310.960.51.40.480.70.51.161.7
-4-4-2-20-2-20-508-53-52-520-597-166-381-138-182-270-404-603-605-443-303-287-403-412-469-342-490-484
-4-4-1-19-1-19-523-50-45-45-21-590-166-381-138-182-270-404-603-605-437-303-287-403-412-466-375-489-497
001010-14266-21600000000000003-320-13
00000000000000000000000000000
0006062886428280-121242-79-119-2-5002117134-57-196-364-1-4-7-4-4
101011911931214108108054452875099000000000-50
10101115111559978135135584232947-114-2-94-45211707-105-246-540-426-154-108-184-853
000000-10005800000-4-40-10-20000000
0000000000000000-49-4900-27-45-49-175-425-150-100-174-849
1110-910-945-45-10-1037-1150-65693-77-141-100-137-93-151472-46408-39073-76694296
-9.10-2.2-2500-539.5-126.8-152.900.3-545-266.2-76.7737.6-15.8-24.7-109.3-346.2-118.7-137.25652.18213.93996.0866.23229.57152.32665.691,213.46
00000000000000000000000000000

Merafe Resources stock margins

The Merafe Resources margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Merafe Resources. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Merafe Resources.
  • 3 years

  • 5 years

  • 10 years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details

Margin

Understanding Gross Margin

The gross margin, expressed as a percentage, delineates the gross profit made from the Merafe Resources's sales revenue. A higher gross margin percentage indicates that the Merafe Resources retains more revenue after accounting for the costs of goods sold. Investors use this metric to gauge financial health and operational efficiency, as well as to compare it with competitors and industry averages.

EBIT Margin Analysis

EBIT margin represents the Merafe Resources's earnings before interest and taxes. Analyzing the EBIT margin over different years provides insights into the operational profitability and efficiency, excluding the effects of financial leverage and tax structure. A growing EBIT margin over the years signifies improving operational performance.

Revenue Margin Insights

The revenue margin demonstrates the Merafe Resources's total revenue generated. When comparing the revenue margin year over year, investors can gauge the Merafe Resources's growth and market expansion. It is essential to compare the revenue margin with the gross and EBIT margins to understand the cost and profit structures better.

Interpreting Expectations

The expected values for gross, EBIT, and revenue margins provide future financial outlook of the Merafe Resources. Investors should compare these expectations with historical data to understand potential growth and risk factors. It is crucial to consider the underlying assumptions and methodologies used in projecting these expected values to make informed investment decisions.

Comparative Analysis

Comparing the gross, EBIT, and revenue margins, both yearly and over multiple years, enables investors to perform a comprehensive analysis of the Merafe Resources's financial health and growth prospects. Evaluating the trends and patterns in these margins helps in identifying strengths, weaknesses, and potential investment opportunities.

Merafe Resources Margin History

Merafe Resources Gross marginMerafe Resources Profit marginMerafe Resources EBIT marginMerafe Resources Profit margin
2027e57.94 %16.74 %12.49 %
2026e57.94 %15.69 %11.76 %
2025e57.94 %13.08 %10.15 %
202457.94 %15.96 %7.9 %
202357.94 %21.06 %18.96 %
202257.94 %23.34 %17.76 %
202157.94 %27.49 %20.76 %
202057.94 %1.55 %-20.98 %
201957.94 %-1.37 %-25.32 %
201857.94 %14.25 %12.19 %
201757.94 %23.27 %15.52 %
201657.94 %15.46 %9.34 %
201557.94 %10.51 %7.76 %
201457.94 %9.79 %5.93 %
201357.94 %9.32 %4.34 %
201257.94 %3.93 %1.92 %
201157.94 %6.01 %4.81 %
201057.94 %17.82 %10.89 %
200957.94 %-6.78 %-8.28 %
200857.94 %55.15 %36.95 %
200728.37 %25.3 %14.5 %
200617.41 %14.88 %13.5 %
200517.93 %16.79 %6.78 %

Merafe Resources Stock Sales Revenue, EBIT, Earnings per Share

The Merafe Resources earnings per share therefore indicates how much revenue Merafe Resources has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 years

  • 5 years

  • 10 years

  • 25 Years

  • Max

Sales per Share
EBIT per share
Earnings per Share
Details

Revenue, EBIT and Earnings per share

Revenue Per Share

Revenue per share represents the total revenue Merafe Resources earns, divided by the number of outstanding shares. It is a crucial metric as it reflects the company's ability to generate sales and signifies growth and expansion potential. Comparing yearly revenue per share allows investors to analyze the consistency in a company’s earnings and predict future trends.

EBIT Per Share

EBIT per share indicates Merafe Resources's earning before interest and taxes, offering insights into operational profitability excluding the effects of capital structure and tax rates. It can be juxtaposed against revenue per share to gauge the efficiency in converting sales into profits. A consistent increase in EBIT per share over the years underscores operational efficiency and profitability.

Income Per Share

Income per share, or earnings per share (EPS), reveals the portion of Merafe Resources’s profit allocated to each share of common stock. It’s instrumental in evaluating the profitability and financial health. By comparing it with revenue and EBIT per share, investors discern how effectively a firm translates sales and operational profits into net income.

Expected Values

Expected values are projections of revenue, EBIT, and income per share for forthcoming years. These anticipations, rooted in historical data and market analysis, aid investors in strategizing their investments, evaluating Merafe Resources's prospective performance, and estimating future stock prices. However, it’s pivotal to consider market volatilities and uncertainties that can influence these projections.

Merafe Resources Revenue, EBIT and net profit per share

DateMerafe Resources Sales per ShareMerafe Resources EBIT per shareMerafe Resources Earnings per Share
2027e2.91 undefined0 undefined0.36 undefined
2026e2.75 undefined0 undefined0.32 undefined
2025e2.79 undefined0 undefined0.28 undefined
20243.38 undefined0.54 undefined0.27 undefined
20233.7 undefined0.78 undefined0.7 undefined
20223.18 undefined0.74 undefined0.56 undefined
20213.22 undefined0.88 undefined0.67 undefined
20201.9 undefined0.03 undefined-0.4 undefined
20192.14 undefined-0.03 undefined-0.54 undefined
20182.23 undefined0.32 undefined0.27 undefined
20172.35 undefined0.55 undefined0.36 undefined
20162.27 undefined0.35 undefined0.21 undefined
20151.76 undefined0.19 undefined0.14 undefined
20141.43 undefined0.14 undefined0.09 undefined
20131.4 undefined0.13 undefined0.06 undefined
20121.02 undefined0.04 undefined0.02 undefined
20110.98 undefined0.06 undefined0.05 undefined
20101.03 undefined0.18 undefined0.11 undefined
20090.75 undefined-0.05 undefined-0.06 undefined
20081.12 undefined0.62 undefined0.41 undefined
20070.68 undefined0.17 undefined0.1 undefined
20060.44 undefined0.07 undefined0.06 undefined
20050.44 undefined0.07 undefined0.03 undefined

Merafe Resources business model

Merafe Resources Ltd is a South African company that was founded in 2005 and is headquartered in Sandton. It is a leading producer of ferrochrome in South Africa and one of the world's largest producers of chromite minerals used in the production of stainless steel and other alloys. The company is listed on the Johannesburg Stock Exchange and the London Stock Exchange, with a market capitalization of approximately ZAR 2.2 billion (about USD 160 million). Merafe Resources also has a partnership with Glencore Xstrata, one of the world's largest mining companies. Merafe Resources operates several divisions focusing on the exploration, development, and production of chromite and ferrochrome minerals. These divisions operate mines near Rustenburg in the North West Province, South Africa. The company's main activity is the production of ferrochrome made from chromite minerals. Ferrochrome is an alloying agent used in various applications such as construction, automotive industry, and electrical appliances. Merafe Resources also has a division for chromite minerals that mines and sells chrome ore. Chromite minerals are used in the production of stainless steel and other alloys. The company's chromite minerals division operates four mines all located near Rustenburg. Another division of Merafe Resources is the Baobab division, which operates a coal and chromite mine in Mozambique. This project is still in the development phase and is expected to play a significant role in the production of chromite minerals and coal in the coming years. Merafe Resources' business model is based on collaboration with Glencore Xstrata, a company active in mining and the commodity industry. Merafe Resources holds a 20.5% stake in Samancor Chrome Limited, a joint venture with Glencore Xstrata involved in the production of ferrochrome. Merafe Resources also focuses on improving efficiency and product quality to increase margins in the company. The company has a comprehensive quality assurance system to ensure that products meet customer requirements. Additionally, the company invests in new technologies and processes to enhance efficiency and productivity while minimizing environmental impact. Overall, Merafe Resources is a leading producer of ferrochrome and chromite minerals in South Africa and globally. Thanks to its collaboration with Glencore Xstrata and investments in new technologies and processes, the company is well-positioned to remain competitive and benefit from global demand and supply conditions. Merafe Resources is one of the most popular companies on Eulerpool.com.

Merafe Resources SWOT Analysis

Strengths

Merafe Resources Ltd has several key strengths that contribute to its success. Firstly, the company has a strong portfolio of mining assets, which include a significant stake in the Glencore-Merafe Chrome Venture. This provides Merafe with a steady source of revenue and a competitive edge in the chrome industry. Additionally, the company benefits from strong partnerships with global mining giants, allowing for knowledge sharing, technical expertise, and access to international markets. Furthermore, Merafe is known for its commitment to sustainable mining practices and social responsibility, enhancing its reputation and brand image.

Weaknesses

Despite its strengths, Merafe Resources Ltd faces some weaknesses that may hinder its growth. One notable weakness is its dependence on the performance of the chrome market. Fluctuations in chrome prices can significantly impact the company's financial results. Moreover, Merafe's geographical concentration in South Africa exposes it to potential political and regulatory risks. Additionally, the company may face challenges in maintaining cost efficiency and managing operational risks associated with mining.

Opportunities

Merafe Resources Ltd can leverage several opportunities to expand its business and increase its market share. One major opportunity lies in the growing demand for chrome in industries such as stainless steel production, chemical manufacturing, and automotive components. By capturing these emerging markets, Merafe can gain a competitive advantage and achieve revenue growth. Additionally, the company can explore strategic alliances or acquisitions to expand its asset base and diversify its product offerings. Moreover, the increasing focus on sustainable practices in the mining industry presents an opportunity for Merafe to showcase its commitment and attract environmentally conscious customers.

Threats

Merafe Resources Ltd must remain vigilant and address potential threats that could negatively impact its business. One significant threat is the volatility of global commodity prices, including chrome. Fluctuations in prices can lead to lower profitability and financial instability. Moreover, increasing competition in the mining industry poses a threat to Merafe's market position, potentially leading to price wars and margin erosion. Furthermore, the company could face social and environmental opposition to its mining activities, which may result in delays, regulatory hurdles, or reputational damage.

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Merafe Resources Eulerpool Fair Value

Details

Fair Value

Understanding Fair Value

The fair value of a stock provides insights into whether the stock is currently undervalued or overvalued. It is calculated based on profit, revenue, or dividends and offers a comprehensive perspective of the stock’s intrinsic value.

Income-Based Fair Value

This is calculated by multiplying the earnings per share by the average P/E ratio of the selected past years for smoothing. If the fair value is higher than the current market price, it suggests that the stock is undervalued.

Example 2022

Fair Value Profit 2022 = Earnings per Share 2022 / Average P/E Ratio 2019 - 2021 (3 Years Smoothing)

Revenue-Based Fair Value

It is derived by multiplying the revenue per share by the average price-to-sales ratio of the selected past years for smoothing. An undervalued stock is identified if the fair value exceeds the ongoing market price.

Example 2022

Fair Value Revenue 2022 = Revenue per Share 2022 / Average PSR 2019 - 2021 (3 Years Smoothing)

Dividend-Based Fair Value

This value is determined by dividing the dividend per share by the average dividend yield of the selected past years for smoothing. A higher fair value than the market price indicates an undervalued stock.

Example 2022

Fair Value Dividend 2022 = Dividend per Share 2022 * Average Dividend Yield 2019 - 2021 (3 Years Smoothing)

Expectations and Forecasts

Future expectations provide potential trajectories for stock prices and aid investors in decision-making. The expected values are forecasted figures of fair value, taking into account the growth or decline trends of profit, revenue, or dividend.

Comparative Analysis

Comparing the fair value based on profit, revenue, and dividend provides a holistic overview of the stock’s financial health. Observing the annual and per-annual variations contributes to understanding the consistency and reliability of stock performance.

Merafe Resources historical P/E ratio, EBIT multiple, and P/S ratio

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Merafe Resources shares outstanding

The number of shares was Merafe Resources in 2024 — This indicates how many shares 2.499 B is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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Revenue, EBIT and Earnings per share

Revenue Per Share

Revenue per share represents the total revenue Merafe Resources earns, divided by the number of outstanding shares. It is a crucial metric as it reflects the company's ability to generate sales and signifies growth and expansion potential. Comparing yearly revenue per share allows investors to analyze the consistency in a company’s earnings and predict future trends.

EBIT Per Share

EBIT per share indicates Merafe Resources's earning before interest and taxes, offering insights into operational profitability excluding the effects of capital structure and tax rates. It can be juxtaposed against revenue per share to gauge the efficiency in converting sales into profits. A consistent increase in EBIT per share over the years underscores operational efficiency and profitability.

Income Per Share

Income per share, or earnings per share (EPS), reveals the portion of Merafe Resources’s profit allocated to each share of common stock. It’s instrumental in evaluating the profitability and financial health. By comparing it with revenue and EBIT per share, investors discern how effectively a firm translates sales and operational profits into net income.

Expected Values

Expected values are projections of revenue, EBIT, and income per share for forthcoming years. These anticipations, rooted in historical data and market analysis, aid investors in strategizing their investments, evaluating Merafe Resources's prospective performance, and estimating future stock prices. However, it’s pivotal to consider market volatilities and uncertainties that can influence these projections.

Merafe Resources dividend history and estimates

In 2024, Merafe Resources paid a dividend amounting to 0.42 ZAR. Dividend means that Merafe Resources distributes a portion of its profits to its owners.
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Dividend
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Dividend

Dividend Overview

The dividend per year chart for Merafe Resources provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Merafe Resources’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Merafe Resources's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Merafe Resources Dividend History

DateMerafe Resources Dividend
2027e0.5 undefined
2026e0.5 undefined
2025e0.49 undefined
20240.42 undefined
20230.33 undefined
20220.34 undefined
20210.07 undefined
20200.04 undefined
20190.06 undefined
20180.17 undefined
20170.07 undefined
20160.02 undefined
20150.02 undefined
20140.01 undefined
20110.02 undefined
20100.02 undefined

Merafe Resources dividend payout ratio

In 2024, Merafe Resources had a payout ratio of 38.37%. The payout ratio indicates the percentage of the company's profits that Merafe Resources distributes as dividends.
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Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Merafe Resources represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Merafe Resources could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Merafe Resources's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Merafe Resources Payout Ratio History

DateMerafe Resources Payout ratio
2027e43.16 %
2026e43.46 %
2025e47.66 %
202438.37 %
202344.36 %
202260.26 %
202110.48 %
2020-10.01 %
2019-11.06 %
201862.33 %
201719.23 %
20169.38 %
201513.15 %
201413.16 %
201344.36 %
201244.36 %
201140 %
201018.18 %
200944.36 %
200844.36 %
200744.36 %
200644.36 %
200544.36 %
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Unfortunately, there are currently no price targets and forecasts available for Merafe Resources.

Merafe Resources latest earnings and earnings surprises

DateEPS EstimateEPS ActualQuarterly report
12/31/20240.09 0.15  (54.9 %)2024 Q4
6/30/20240.21 0.28  (35.51 %)2024 Q2
12/31/20230.17 0.18  (7.29 %)2023 Q4
6/30/20230.17 0.42  (143.2 %)2023 Q2
12/31/20220.19 0.19  (4.41 %)2022 Q4
6/30/20220.25 0.37  (45.38 %)2022 Q2
12/31/20210.19 0.44  (128.24 %)2021 Q4
6/30/20210.16 0.23  (44.11 %)2021 Q2
12/31/20200.02 -0.02  (-186.21 %)2020 Q4
6/30/2020-0.04 0.01  (131.07 %)2020 Q2
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Eulerpool ESG Scorecard© for the Merafe Resources stock

Eulerpool World ESG Rating (EESG©)

42/ 100

🌱 Environment

23

👫 Social

69

🏛️ Governance

34

Environment

Scope 1 - Direct Emissions
Scope 2 - Indirect emissions from purchased energy
Scope 3 - Indirect emissions within the value chain
Total CO₂ emissions
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency

Social

Percentage of female employees
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic

Governance (Corporate Governance)

Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

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Merafe Resources shareholders

%
Name
Stocks
Change
Date
28.81662 % Glencore PLC720,163,887012/31/2023
21.88084 % Industrial Development Corporation of South Africa Limited (IDC)546,830,100012/31/2023
7.52970 % Ninety One SA Pty Ltd.188,176,769012/31/2023
2.74351 % Abax Investments (Pty) Limited68,563,702-25,0009/30/2024
2.32971 % Allan Gray Proprietary Limited58,222,482012/31/2024
1.49918 % Centaur Asset Management (Pty.) Ltd.37,466,492-3,996,1059/30/2024
1.30045 % Amplify Investment Partners (Pty) Ltd32,500,00032,500,0003/31/2024
1.01308 % Dimensional Fund Advisors, L.P.25,318,255-501,11712/31/2024
0.64537 % North of South Capital LLP16,128,6112,550,0006/30/2024
0.26810 % Pacific Asset Management LLP6,700,2346,700,2347/31/2023
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Merafe Resources Executives and Management Board

Ms. Zanele Matlala

(61)
Merafe Resources Chief Executive Officer, Executive Director (since 2005)
Compensation 22.53 M

Mr. Ditabe Chocho

(54)
Merafe Resources Finance Director, Executive Director (since 2013)
Compensation 12.47 M

Mrs. Nonhlanhla Mabusela-Aikhuere

(49)
Merafe Resources Independent Non-Executive Director
Compensation 606,000

Ms. Matsotso Vuso

(51)
Merafe Resources Independent Non-Executive Director
Compensation 578,000

Mr. Jeffery Mclaughlan

(66)
Merafe Resources Independent Non-Executive Director
Compensation 498,000
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Most common questions regarding Merafe Resources

What values and corporate philosophy does Merafe Resources represent?

Merafe Resources Ltd is a leading company in the mining and minerals industry. Their core values and corporate philosophy revolve around responsible mining practices and sustainable development. Merafe Resources Ltd is committed to delivering value to its shareholders while ensuring the well-being and safety of its workforce. They prioritize environmental stewardship and community engagement, aiming to create positive impacts in the areas they operate. Merafe Resources Ltd focuses on building successful partnerships and maintaining ethical business practices. Transparency and accountability are central to their operations, promoting trust and long-term relationships with stakeholders. Through innovation and continuous improvement, Merafe Resources Ltd strives to remain an industry leader with a strong commitment to sustainability.

In which countries and regions is Merafe Resources primarily present?

Merafe Resources Ltd is primarily present in South Africa.

What significant milestones has the company Merafe Resources achieved?

Merafe Resources Ltd has achieved several significant milestones in its operation. The company successfully established itself as a leading producer of ferrochrome in South Africa. It formed a joint venture with Glencore Operations South Africa (Pty) Ltd, known as the Glencore-Merafe Chrome Venture, which became one of the world's largest ferrochrome producers. Merafe Resources Ltd expanded its operations and diversified its product portfolio, demonstrating strong growth and ensuring a competitive edge in the market. The company's commitment to sustainable mining practices and maintaining strong partnerships with stakeholders further contribute to its continued success and development.

What is the history and background of the company Merafe Resources?

Merafe Resources Ltd is a South African mining company, founded in 2001. It operates as a mining and smelting entity, primarily focused on the production of ferrochrome. Merafe Resources Ltd holds a 20.5% stake in the Glencore-Merafe Chrome Venture, which operates several Chrome mines in South Africa. Over the years, Merafe Resources Ltd has positioned itself as a key player in the global ferrochrome industry, delivering high-quality products to customers worldwide. With a strong track record and continuous growth, Merafe Resources Ltd remains committed to sustainable mining practices and contributing to the economic development of South Africa.

Who are the main competitors of Merafe Resources in the market?

The main competitors of Merafe Resources Ltd in the market are other mining and processing companies operating in the ferrochrome industry. Some notable competitors include Ferroglobe PLC, Samancor Chrome, Hernic Ferrochrome, Assmang Ltd, and Glencore International AG. These companies also engage in the exploration, extraction, and sale of ferrochrome products. Merafe Resources Ltd faces competition in terms of production capacity, product quality, technological advancements, and market share. Continuous innovation, efficient operations, and strategic partnerships allow Merafe Resources Ltd to stay competitive in the industry.

In which industries is Merafe Resources primarily active?

Merafe Resources Ltd is primarily active in the mining industry.

What is the business model of Merafe Resources?

Merafe Resources Ltd operates in the mining industry, specifically in the field of ferrochrome production. As a leading integrated ferrochrome producer, Merafe Resources plays a crucial role in the supply chain of this essential alloy used in stainless steel production. The company owns and operates a large percentage of the Glencore-Merafe Chrome Venture, which includes interests in various chrome mines and smelters in South Africa. Merafe Resources focuses on maintaining a sustainable business model by ensuring operational efficiency, cost control, and maintaining strong relationships with industry stakeholders. Their commitment to quality, safety, and environmental responsibility further strengthens their position as a prominent player in the ferrochrome industry.

What is the P/E ratio of Merafe Resources 2025?

The Merafe Resources P/E ratio is 456.15.

What is the P/S ratio of Merafe Resources 2025?

The Merafe Resources P/S ratio is 46.3.

What is the Quality Investing of Merafe Resources?

The Quality Investing for Merafe Resources is 4/10.

What is the revenue of Merafe Resources 2025?

The expected Merafe Resources revenue is 6.96 B ZAR.

How high is the profit of Merafe Resources 2025?

The expected Merafe Resources profit is 706.75 M ZAR.

What is the business model of Merafe Resources

Merafe Resources Ltd is a leading mining company based in South Africa, mainly involved in the production of chromite and ferrochrome. The company operates in the mining, refining, and marketing of chrome products. Merafe Resources is one of the leading producers of chromite in South Africa, as it has access to some of the best chromite deposits in the country. The focus is on producing high-quality ferrochrome, primarily used in stainless steel production. The company works closely with joint venture partner Glencore and holds a 20.5% stake in Glencore's ferrochrome division. This partnership has provided Merafe with access to one of the world's largest chrome mines, enabling the company to increase its production and strengthen its competitive position. Merafe Resources is able to offer high-quality ferrochrome at a competitive price, thanks to its well-developed infrastructure and continuous modernization and improvement of its production facilities. The company also has a distribution department responsible for exporting ferrochrome to Europe, Asia, and America. Additionally, Merafe Resources collaborates with leading stainless steel manufacturers worldwide to ensure that customers receive the right quality and appearance of ferrochrome needed for their production. Merafe Resources is also active in chromite ore production and processing, as it holds a stake in the Merafe-Monde Mine joint venture with Xstrata, which supplies high-quality chromite for the production of ferrochrome and other chrome-based products. Furthermore, the company also has a stake in a project exploring platinum group metals in the Bushveld Mineral Province in South Africa. Overall, Merafe Resources' business model is focused on chromite as the main product and ferrochrome as the primary output. The company has a strong partnership with Glencore and is able to produce and export high-quality products at competitive prices. Merafe Resources is also active in other areas of mineral exploration and processing to further strengthen its competitive position in the industry.

What is the Merafe Resources dividend?

Merafe Resources pays a dividend of 0.34 ZAR distributed over payouts per year.

How often does Merafe Resources pay dividends?

The dividend cannot currently be calculated for Merafe Resources or the company does not pay out a dividend.

What is the Merafe Resources ISIN?

The ISIN of Merafe Resources is ZAE000060000.

What is the Merafe Resources WKN?

The WKN of Merafe Resources is A0DNNZ.

What is the Merafe Resources ticker?

The ticker of Merafe Resources is MRF.JO.

How much dividend does Merafe Resources pay?

Over the past 12 months, Merafe Resources paid a dividend of 0.42 ZAR . This corresponds to a dividend yield of about 0.33 %. For the coming 12 months, Merafe Resources is expected to pay a dividend of 0.5 ZAR.

What is the dividend yield of Merafe Resources?

The current dividend yield of Merafe Resources is 0.33 %.

When does Merafe Resources pay dividends?

Merafe Resources pays a quarterly dividend. This is distributed in the months of October, May, October, May.

How secure is the dividend of Merafe Resources?

Merafe Resources paid dividends every year for the past 14 years.

What is the dividend of Merafe Resources?

For the upcoming 12 months, dividends amounting to 0.5 ZAR are expected. This corresponds to a dividend yield of 0.39 %.

In which sector is Merafe Resources located?

Merafe Resources is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Merafe Resources kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Merafe Resources from 4/7/2025 amounting to 0.08 ZAR, you needed to have the stock in your portfolio before the ex-date on 4/2/2025.

When did Merafe Resources pay the last dividend?

The last dividend was paid out on 4/7/2025.

What was the dividend of Merafe Resources in the year 2024?

In the year 2024, Merafe Resources distributed 0.33 ZAR as dividends.

In which currency does Merafe Resources pay out the dividend?

The dividends of Merafe Resources are distributed in ZAR.

All fundamentals about Merafe Resources

Our stock analysis for Merafe Resources Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Merafe Resources Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.