Kumba Iron Ore Future Growth

Future criteria checks 1/6

Kumba Iron Ore's revenue and earnings are forecast to decline at 4% and 11.2% per annum respectively. EPS is expected to decline by 10.8% per annum. Return on equity is forecast to be 26.5% in 3 years.

Key information

-11.2%

Earnings growth rate

-10.8%

EPS growth rate

Metals and Mining earnings growth	30.9%
Revenue growth rate	-4.0%
Future return on equity	26.5%
Analyst coverage	Good
Last updated	19 May 2024

Recent future growth updates

Recent updates

Kumba Iron Ore (JSE:KIO) Could Easily Take On More Debt

Apr 02

Why We Like The Returns At Kumba Iron Ore (JSE:KIO)

Feb 19

Risks To Shareholder Returns Are Elevated At These Prices For Kumba Iron Ore Limited (JSE:KIO)

Dec 28

Kumba Iron Ore Limited (JSE:KIO) Shares Could Be 22% Above Their Intrinsic Value Estimate

Apr 23

An Intrinsic Calculation For Kumba Iron Ore Limited (JSE:KIO) Suggests It's 39% Undervalued

Jan 19

If You Like EPS Growth Then Check Out Kumba Iron Ore (JSE:KIO) Before It's Too Late

Oct 30

A Look At The Fair Value Of Kumba Iron Ore Limited (JSE:KIO)

Oct 10

New Forecasts: Here's What Analysts Think The Future Holds For Kumba Iron Ore Limited (JSE:KIO)

Jul 29

Kumba Iron Ore Limited's (JSE:KIO) CEO Looks Like They Deserve Their Pay Packet

May 08

Kumba Iron Ore Limited (JSE:KIO) Passed Our Checks, And It's About To Pay A R41.30 Dividend

Mar 06

This Insider Has Just Sold Shares In Kumba Iron Ore Limited (JSE:KIO)

Mar 04

Is Kumba Iron Ore Limited (JSE:KIO) An Attractive Dividend Stock?

Mar 01

Have Insiders Been Selling Kumba Iron Ore Limited (JSE:KIO) Shares?

Feb 11

Does Kumba Iron Ore's (JSE:KIO) Statutory Profit Adequately Reflect Its Underlying Profit?

Jan 16

Kumba Iron Ore Limited's (JSE:KIO) Stock's On An Uptrend: Are Strong Financials Guiding The Market?

Dec 29

These Trends Paint A Bright Future For Kumba Iron Ore (JSE:KIO)

Dec 14

Earnings and Revenue Growth Forecasts

JSE:KIO - Analysts future estimates and past financials data (ZAR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	77,223	16,912	22,883	34,029	6
12/31/2025	78,107	17,742	25,462	37,375	8
12/31/2024	82,662	22,877	28,266	41,463	8
12/31/2023	86,234	22,725	21,031	29,305	N/A
9/30/2023	77,784	17,891	18,579	26,744	N/A
6/30/2023	69,334	13,056	16,126	24,182	N/A
3/31/2023	71,683	14,012	17,673	25,987	N/A
12/31/2022	74,032	14,968	19,219	27,791	N/A
9/30/2022	77,743	18,218	20,207	27,990	N/A
6/30/2022	81,453	21,467	21,194	28,188	N/A
3/31/2022	91,773	27,367	32,805	38,566	N/A
12/31/2021	102,092	33,266	44,416	48,944	N/A
9/30/2021	107,117	35,495	49,475	53,472	N/A
6/30/2021	112,141	37,724	54,533	57,999	N/A
3/31/2021	96,123	30,252	40,975	44,330	N/A
12/31/2020	80,104	22,779	27,417	30,661	N/A
9/30/2020	70,735	18,694	23,310	26,708	N/A
6/30/2020	61,366	14,609	19,202	22,755	N/A
3/31/2020	62,826	15,434	21,812	25,073	N/A
12/31/2019	64,285	16,259	24,421	27,390	N/A
9/30/2019	62,517	16,500	23,386	26,675	N/A
6/30/2019	60,749	16,741	22,351	25,959	N/A
3/31/2019	53,237	13,208	17,396	20,597	N/A
12/31/2018	45,725	9,674	12,440	15,234	N/A
9/30/2018	45,039	10,208	12,231	14,747	N/A
6/30/2018	44,353	10,742	12,021	14,259	N/A
3/31/2018	45,366	11,576	13,576	15,635	N/A
12/31/2017	46,379	12,409	15,130	17,010	N/A
9/30/2017	45,234	11,376	N/A	16,171	N/A
6/30/2017	44,089	10,343	N/A	15,332	N/A
3/31/2017	42,122	9,481	N/A	14,435	N/A
12/31/2016	40,155	8,618	N/A	13,538	N/A
9/30/2016	36,515	4,859	N/A	12,332	N/A
6/30/2016	32,875	1,100	N/A	11,125	N/A
3/31/2016	34,068	830	N/A	11,897	N/A
12/31/2015	35,260	559	N/A	12,669	N/A
9/30/2015	38,190	3,582	N/A	12,686	N/A
6/30/2015	41,119	6,605	N/A	12,703	N/A
3/31/2015	44,358	8,665	N/A	15,011	N/A
12/31/2014	47,597	10,724	N/A	17,319	N/A
9/30/2014	51,094	12,461	N/A	19,487	N/A
6/30/2014	54,591	14,198	N/A	21,654	N/A
3/31/2014	54,526	14,822	N/A	22,338	N/A
12/31/2013	54,461	15,446	N/A	23,022	N/A
9/30/2013	50,485	14,015	N/A	22,892	N/A
6/30/2013	46,509	12,584	N/A	22,762	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: KIO's earnings are forecast to decline over the next 3 years (-11.2% per year).

Earnings vs Market: KIO's earnings are forecast to decline over the next 3 years (-11.2% per year).

High Growth Earnings: KIO's earnings are forecast to decline over the next 3 years.

Revenue vs Market: KIO's revenue is expected to decline over the next 3 years (-4% per year).

High Growth Revenue: KIO's revenue is forecast to decline over the next 3 years (-4% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: KIO's Return on Equity is forecast to be high in 3 years time (26.5%)

Kumba Iron Ore Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Kumba Iron Ore Limited Provides Production and Sales Guidance for the Full Fiscal Year 2024

Kumba Iron Ore Limited Provides Production and Sales Guidance for the Full Year 2023

Consensus EPS estimates increase by 11%, revenue downgraded

Kumba Iron Ore Limited Revises Sales Guidance for the Year 2023

Consensus EPS estimates increase by 13%

Consensus EPS estimates fall by 11%

Recent updates

Kumba Iron Ore Limited Provides Production and Sales Guidance for the Full Fiscal Year 2024

Kumba Iron Ore Limited, Annual General Meeting, May 28, 2024

Kumba Iron Ore (JSE:KIO) Could Easily Take On More Debt

Kumba Iron Ore Limited Appoints Mr. Matthew Walker as Non-Executive Director, Effective April 1, 2024

Investor sentiment deteriorates as stock falls 15%

Non Executive Director exercised options and sold R10m worth of stock

Upcoming dividend of R24.20 per share

Full year 2023 earnings released: EPS: R70.80 (vs R46.64 in FY 2022)

Kumba Iron Ore Limited Approves Gross Final Cash Dividend for the Year Ended 31 December 2023, Payable on 18 March 2024

Why We Like The Returns At Kumba Iron Ore (JSE:KIO)

Now 23% overvalued after recent price rise

Risks To Shareholder Returns Are Elevated At These Prices For Kumba Iron Ore Limited (JSE:KIO)

Here's Why Kumba Iron Ore (JSE:KIO) Can Manage Its Debt Responsibly

CFO & Executive Director recently sold R1.8m worth of stock

Under The Bonnet, Kumba Iron Ore's (JSE:KIO) Returns Look Impressive

Kumba Iron Ore Limited Announces Board Changes

Kumba Iron Ore Limited Provides Production and Sales Guidance for the Full Year 2023

Sarah Kuijlaars Steps Down as Non-Executive Director, Member of Both the Strategy and Investment Committee and the Social, Ethics and Transformation Committee of Kumba Iron Ore Limited, Effective 1 October 2023

Sarah Kuijlaars, Steps Down as Non-Executive Director of Kumba Iron Ore Limited, Effective 1 October 2023

Investor sentiment improves as stock rises 17%

We Think Kumba Iron Ore (JSE:KIO) Can Stay On Top Of Its Debt

Kumba Iron Ore Limited to Report Q2, 2024 Results on Jul 23, 2024

Upcoming dividend of R22.60 per share at 8.8% yield

Consensus EPS estimates increase by 11%, revenue downgraded

Kumba Iron Ore (JSE:KIO) Is Paying Out Less In Dividends Than Last Year

First half 2023 earnings released: EPS: R30.04 (vs R36.01 in 1H 2022)

Kumba Iron Ore Limited Announces Interim Cash Dividend for the Period Ended 30 June 2023, Payable on 21 August 2023

Kumba Iron Ore Limited Revises Sales Guidance for the Year 2023

Investors Should Be Encouraged By Kumba Iron Ore's (JSE:KIO) Returns On Capital

New minor risk - Profit margin trend

Kumba Iron Ore Limited Appoints Mary Bomela as Lead Independent Non-Executive Director, Effective from 1 July 2023

Kumba Iron Ore Limited Announces Changes to Board Committees

CFO & Executive Director recently sold R1.5m worth of stock

Kumba Iron Ore (JSE:KIO) Seems To Use Debt Quite Sensibly

Consensus EPS estimates increase by 13%

Kumba Iron Ore (JSE:KIO) Is Very Good At Capital Allocation

Investor sentiment deteriorates as stock falls 15%

Upcoming dividend of R16.30 per share at 6.8% yield

Non Executive Director recently sold R7.5m worth of stock

Full year 2022 earnings: EPS misses analyst expectations

Consensus EPS estimates fall by 11%

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Price target decreased to R400

Kumba Iron Ore Limited to Report Fiscal Year 2022 Results on Feb 23, 2023

Kumba Iron Ore Limited to Report Q2, 2023 Results on Jul 27, 2023

Upcoming dividend of R28.70 per share

First half 2022 earnings released: EPS: R36.01 (vs R72.82 in 1H 2021)

Calculating The Fair Value Of Kumba Iron Ore Limited (JSE:KIO)

Kumba Iron Ore Limited to Report First Half, 2022 Results on Jul 26, 2022

Investor sentiment deteriorated over the past week

Now 24% undervalued after recent price drop

Kumba Iron Ore Limited (JSE:KIO) Shares Could Be 22% Above Their Intrinsic Value Estimate

Investor sentiment deteriorated over the past week

Kumba Iron Ore Limited Revises Production Guidance for the Year 2022

Price target increased to R451

Upcoming dividend of R30.50 per share

Non Executive Director recently sold R6.1m worth of stock

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Kumba Iron Ore Limited Provides Production Guidance for the Year 2022, 2023 and 2024

Kumba Iron Ore Limited Changes to the Composition of Board Committees

Investor sentiment improved over the past week

Kumba Iron Ore Limited Provides Earning Guidance for the 2022

An Intrinsic Calculation For Kumba Iron Ore Limited (JSE:KIO) Suggests It's 39% Undervalued

Kumba Iron Ore Limited Provides Production Guidance for the Fiscal Year 2021, 2022, 2023 and 2024

If You Like EPS Growth Then Check Out Kumba Iron Ore (JSE:KIO) Before It's Too Late

Price target decreased to R428

A Look At The Fair Value Of Kumba Iron Ore Limited (JSE:KIO)

Price target decreased to R516