Merafe Resources Stock

Merafe Resources P/S 2024

Merafe Resources P/S

34.16

Ticker

MRF.JO

ISIN

ZAE000060000

WKN

A0DNNZ

As of Sep 29, 2024, Merafe Resources's P/S ratio stood at 34.16, a 10.84% change from the 30.82 P/S ratio recorded in the previous year.

The Merafe Resources P/S history

Merafe Resources Aktienanalyse

What does Merafe Resources do?

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 ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Merafe Resources's P/S Ratio

Merafe Resources's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing Merafe Resources's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating Merafe Resources's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in Merafe Resources’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about Merafe Resources stock

What is the price-to-earnings ratio of Merafe Resources?

The price-earnings ratio of Merafe Resources is currently 34.16.

How has the price-earnings ratio of Merafe Resources changed compared to last year?

The price-to-earnings ratio of Merafe Resources has increased by 10.84% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Merafe Resources high compared to other companies?

Yes, the price-to-earnings ratio of Merafe Resources is high compared to other companies.

How does an increase in the price-earnings ratio of Merafe Resources affect the company?

An increase in the price-earnings ratio of Merafe Resources would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Merafe Resources affect the company?

A decrease in the price-earnings ratio of Merafe Resources would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Merafe Resources?

Some factors that influence the price-earnings ratio of Merafe Resources are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Merafe Resources pay?

Over the past 12 months, Merafe Resources paid a dividend of 0.33 ZAR . This corresponds to a dividend yield of about 0.22 %. For the coming 12 months, Merafe Resources is expected to pay a dividend of 0.39 ZAR.

What is the dividend yield of Merafe Resources?

The current dividend yield of Merafe Resources is 0.22 %.

When does Merafe Resources pay dividends?

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

How secure is the dividend of Merafe Resources?

Merafe Resources paid dividends every year for the past 13 years.

What is the dividend of Merafe Resources?

For the upcoming 12 months, dividends amounting to 0.39 ZAR are expected. This corresponds to a dividend yield of 0.25 %.

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 9/9/2024 amounting to 0.2 ZAR, you needed to have the stock in your portfolio before the ex-date on 9/4/2024.

When did Merafe Resources pay the last dividend?

The last dividend was paid out on 9/9/2024.

What was the dividend of Merafe Resources in the year 2023?

In the year 2023, Merafe Resources distributed 0.34 ZAR as dividends.

In which currency does Merafe Resources pay out the dividend?

The dividends of Merafe Resources are distributed in ZAR.

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Andere Kennzahlen von 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.