Thungela Resources's revenue is forecast to decline at 1.1% per annum while its annual earnings are expected to grow at 85.2% per year. EPS is expected to grow by 85.6% per annum. Return on equity is forecast to be 3.3% in 3 years.
Key information
85.2%
Earnings growth rate
85.59%
EPS growth rate
Oil and Gas earnings growth
11.3%
Revenue growth rate
-1.1%
Future return on equity
3.32%
Analyst coverage
Low
Last updated
11 May 2026
Recent future growth updates
Recent updates
Earnings and Revenue Growth Forecasts
OTCPK:TNGR.F - Analysts future estimates and past financials data (ZAR Millions)
Date
Revenue
Earnings
Free Cash Flow
Cash from Op
Avg. No. Analysts
12/31/2028
31,120
1,424
84
2,066
4
12/31/2027
32,397
1,314
2,139
3,075
4
12/31/2026
33,702
1,890
1,767
3,636
4
12/31/2025
29,599
-7,085
-719
2,368
N/A
9/30/2025
31,607
-2,264
505
3,583
N/A
6/30/2025
33,615
2,557
1,729
4,798
N/A
3/31/2025
34,585
3,075
1,811
5,044
N/A
12/31/2024
35,554
3,592
1,893
5,289
N/A
9/30/2024
34,291
3,481
1,698
5,364
N/A
6/30/2024
33,027
3,370
1,503
5,439
N/A
3/31/2024
31,831
4,266
3,359
6,971
N/A
12/31/2023
30,634
5,162
5,215
8,503
N/A
9/30/2023
34,785
8,136
9,010
11,778
N/A
6/30/2023
38,936
11,110
12,804
15,052
N/A
3/31/2023
44,845
14,049
15,333
17,418
N/A
12/31/2022
50,753
16,988
17,861
19,784
N/A
9/30/2022
46,583
16,072
16,146
17,908
N/A
6/30/2022
42,412
15,155
14,430
16,032
N/A
3/31/2022
34,347
10,792
9,112
11,074
N/A
12/31/2021
26,282
6,429
3,793
6,116
N/A
9/30/2021
19,211
3,226
967
2,956
N/A
6/30/2021
12,139
23
-1,860
-204
N/A
3/31/2021
7,945
-153
-1,152
-22
N/A
12/31/2020
3,750
-330
-444
160
N/A
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TNGR.F is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (3.5%).
Earnings vs Market: TNGR.F is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: TNGR.F is expected to become profitable in the next 3 years.
Revenue vs Market: TNGR.F's revenue is expected to decline over the next 3 years (-1.1% per year).
High Growth Revenue: TNGR.F's revenue is forecast to decline over the next 3 years (-1.1% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TNGR.F's Return on Equity is forecast to be low in 3 years time (3.3%).
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Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/05/18 05:55
End of Day Share Price
2026/05/15 00:00
Earnings
2025/12/31
Annual Earnings
2025/12/31
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Thungela Resources Limited is covered by 6 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.