| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 2/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 4/6 |
MIN Stock Overview
Mineral Resources Limited, together with subsidiaries, operates as a mining services and processing company in Australia, China, and Singapore.
Mineral Resources Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$63.96 |
| 52 Week High | AU$66.88 |
| 52 Week Low | AU$33.33 |
| Beta | 1.27 |
| 1 Month Change | 20.25% |
| 3 Month Change | 62.42% |
| 1 Year Change | 67.48% |
| 3 Year Change | 313.98% |
| 5 Year Change | 412.50% |
| Change since IPO | 5,510.53% |
Recent News & Updates
Is Mineral Resources (ASX:MIN) A Risky Investment?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Here's Why I Think Mineral Resources (ASX:MIN) Is An Interesting Stock
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
Does This Valuation Of Mineral Resources Limited (ASX:MIN) Imply Investors Are Overpaying?
Does the November share price for Mineral Resources Limited ( ASX:MIN ) reflect what it's really worth? Today, we will...
Shareholder Returns
| MIN | AU Metals and Mining | AU Market | |
|---|---|---|---|
| 7D | -2.5% | -2.0% | -2.8% |
| 1Y | 67.5% | 7.0% | 5.8% |
Return vs Industry: MIN exceeded the Australian Metals and Mining industry which returned 7% over the past year.
Return vs Market: MIN exceeded the Australian Market which returned 5.8% over the past year.
Price Volatility
| MIN volatility | |
|---|---|
| MIN Average Weekly Movement | 5.9% |
| Metals and Mining Industry Average Movement | 10.8% |
| Market Average Movement | 8.6% |
| 10% most volatile stocks in AU Market | 15.4% |
| 10% least volatile stocks in AU Market | 3.7% |
Stable Share Price: MIN is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: MIN's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1993 | 5,000 | Chris Ellison | https://www.mineralresources.com.au |
Mineral Resources Limited, together with subsidiaries, operates as a mining services and processing company in Australia, China, and Singapore. It operates through three segments: Mining Services, Commodities, and Central. The company offers contract crushing, screening, processing, and specialist mining services; mine services, including materials handling, plant and equipment hire, plant and equipment maintenance, tails recovery, and aggregate crushing; and design, engineering, and construction services in the resources sector.
Mineral Resources Fundamentals Summary
| MIN fundamental statistics | |
|---|---|
| Market Cap | AU$12.04b |
| Earnings (TTM) | AU$1.27b |
| Revenue (TTM) | AU$3.73b |
9.5x
P/E Ratio3.2x
P/S RatioIs MIN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MIN income statement (TTM) | |
|---|---|
| Revenue | AU$3.73b |
| Cost of Revenue | AU$422.20m |
| Gross Profit | AU$3.31b |
| Expenses | AU$2.04b |
| Earnings | AU$1.27b |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Feb 09, 2022
| Earnings per share (EPS) | 6.74 |
| Gross Margin | 88.69% |
| Net Profit Margin | 34.01% |
| Debt/Equity Ratio | 29.2% |
How did MIN perform over the long term?
See historical performance and comparisonDividends
4.3%
Current Dividend Yield41%
Payout RatioValuation
Is Mineral Resources undervalued compared to its fair value and its price relative to the market?
9.49x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MIN (A$63.96) is trading above our estimate of fair value (A$28.36)
Significantly Below Fair Value: MIN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MIN is good value based on its PE Ratio (9.5x) compared to the Australian Metals and Mining industry average (16.4x).
PE vs Market: MIN is good value based on its PE Ratio (9.5x) compared to the Australian market (18.6x).
Price to Earnings Growth Ratio
PEG Ratio: MIN's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: MIN is overvalued based on its PB Ratio (3.8x) compared to the AU Metals and Mining industry average (2.8x).
Future Growth
How is Mineral Resources forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
-14.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MIN's earnings are forecast to decline over the next 3 years (-14.5% per year).
Earnings vs Market: MIN's earnings are forecast to decline over the next 3 years (-14.5% per year).
High Growth Earnings: MIN's earnings are forecast to decline over the next 3 years.
Revenue vs Market: MIN's revenue (5.1% per year) is forecast to grow faster than the Australian market (4.8% per year).
High Growth Revenue: MIN's revenue (5.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MIN's Return on Equity is forecast to be high in 3 years time (20.8%)
Past Performance
How has Mineral Resources performed over the past 5 years?
50.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MIN has a high level of non-cash earnings.
Growing Profit Margin: MIN's current net profit margins (34%) are lower than last year (47.2%).
Past Earnings Growth Analysis
Earnings Trend: MIN has become profitable over the past 5 years, growing earnings by 50.7% per year.
Accelerating Growth: MIN's earnings growth over the past year (26.5%) is below its 5-year average (50.7% per year).
Earnings vs Industry: MIN earnings growth over the past year (26.5%) underperformed the Metals and Mining industry 33%.
Return on Equity
High ROE: MIN's Return on Equity (39.1%) is considered high.
Financial Health
How is Mineral Resources's financial position?
Financial Position Analysis
Short Term Liabilities: MIN's short term assets (A$2.0B) exceed its short term liabilities (A$984.4M).
Long Term Liabilities: MIN's short term assets (A$2.0B) exceed its long term liabilities (A$1.6B).
Debt to Equity History and Analysis
Debt Level: MIN has more cash than its total debt.
Reducing Debt: MIN's debt to equity ratio has increased from 11.5% to 29.2% over the past 5 years.
Debt Coverage: MIN's debt is well covered by operating cash flow (138.3%).
Interest Coverage: MIN's interest payments on its debt are well covered by EBIT (19.5x coverage).
Balance Sheet
Dividend
What is Mineral Resources's current dividend yield, its reliability and sustainability?
4.30%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MIN's dividend (4.3%) is higher than the bottom 25% of dividend payers in the Australian market (2.25%).
High Dividend: MIN's dividend (4.3%) is low compared to the top 25% of dividend payers in the Australian market (5.52%).
Stability and Growth of Payments
Stable Dividend: MIN's dividend payments have been volatile in the past 10 years.
Growing Dividend: MIN's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (40.9%), MIN's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MIN's dividends in 3 years are forecast to be well covered by earnings (42.1% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.0yrs
Average management tenure
CEO
Chris Ellison (64 yo)
9.17yrs
Tenure
AU$3,481,663
Compensation
Mr. Christopher James Ellison, also known as Chris, has been the Managing Director of Mineral Resources Limited since November 16, 2012. Mr. Ellison founded PIHA Pty Ltd. in 1992.Over the next three years...
CEO Compensation Analysis
Compensation vs Market: Chris's total compensation ($USD2.51M) is about average for companies of similar size in the Australian market ($USD2.37M).
Compensation vs Earnings: Chris's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: MIN's management team is considered experienced (3 years average tenure).
Board Members
Experienced Board: MIN's board of directors are considered experienced (9.4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Mineral Resources Limited's employee growth, exchange listings and data sources
Key Information
- Name: Mineral Resources Limited
- Ticker: MIN
- Exchange: ASX
- Founded: 1993
- Industry: Diversified Metals and Mining
- Sector: Materials
- Implied Market Cap: AU$12.045b
- Shares outstanding: 188.32m
- Website: https://www.mineralresources.com.au
Number of Employees
Location
- Mineral Resources Limited
- 1 Sleat Road
- Applecross
- Western Australia
- 6153
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/22 07:02 |
| End of Day Share Price | 2022/01/21 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/06/30 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.