EXX

Exxaro ResourcesJSE:EXX Stock Report

Market Cap

R42.5b

7D

-9.4%

1Y

42.8%

Updated

21 Sep, 2021

Data

Company Financials +
EXX fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health4/6
Dividends5/6

EXX Overview

Exxaro Resources Limited engages in coal, iron ore investment, pigment manufacturing, and renewable energy businesses in South Africa, Europe, Australia, and Asia.

Share Price & News

How has Exxaro Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: EXX is not significantly more volatile than the rest of ZA stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: EXX's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

-9.4%

EXX

-4.8%

ZA Oil and Gas

-1.2%

ZA Market


1 Year Return

42.8%

EXX

36.4%

ZA Oil and Gas

18.9%

ZA Market

Return vs Industry: EXX exceeded the ZA Oil and Gas industry which returned 34.2% over the past year.

Return vs Market: EXX exceeded the ZA Market which returned 18.6% over the past year.


Shareholder returns

EXXIndustryMarket
7 Day-9.4%-4.8%-1.2%
30 Day0.3%2.7%-2.9%
90 Day3.5%10.0%-2.9%
1 Year58.8%42.8%45.9%36.4%23.4%18.9%
3 Year73.8%18.4%53.8%21.8%17.6%-6.0%
5 Year298.2%117.0%84.8%38.1%25.7%-4.9%

Long-Term Price Volatility Vs. Market

How volatile is Exxaro Resources's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Exxaro Resources Fundamentals Summary

How do Exxaro Resources's earnings and revenue compare to its market cap?
EXX fundamental statistics
Market CapR42.48b
Earnings (TTM)R9.76b
Revenue (TTM)R29.99b

4.4x

P/E Ratio

1.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
EXX income statement (TTM)
RevenueR29.99b
Cost of RevenueR10.15b
Gross ProfitR19.84b
ExpensesR10.09b
EarningsR9.76b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)38.94
Gross Margin66.16%
Net Profit Margin32.53%
Debt/Equity Ratio22.0%

How did EXX perform over the long term?

See historical performance and comparison

Dividends

22.3%

Current Dividend Yield

85%

Payout Ratio

Does EXX pay a reliable dividends?

See EXX dividend history and benchmarks
When do you need to buy EXX by to receive an upcoming dividend?
Exxaro Resources dividend dates
Ex Dividend DateSep 29 2021
Dividend Pay DateOct 04 2021
Days until Ex dividend6 days
Days until Dividend pay date11 days

Does EXX pay a reliable dividends?

See EXX dividend history and benchmarks

Valuation

Is Exxaro Resources undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: EXX (ZAR173.5) is trading below our estimate of fair value (ZAR375.14)

Significantly Below Fair Value: EXX is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: EXX is good value based on its PE Ratio (4.4x) compared to the African Oil and Gas industry average (6.8x).

PE vs Market: EXX is good value based on its PE Ratio (4.4x) compared to the ZA market (11.4x).


Price to Earnings Growth Ratio

PEG Ratio: EXX's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: EXX's PB Ratio (1.1x) is in line with the XF Oil and Gas industry average.


Future Growth

How is Exxaro Resources forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

-16.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: EXX's earnings are forecast to decline over the next 3 years (-16.9% per year).

Earnings vs Market: EXX's earnings are forecast to decline over the next 3 years (-16.9% per year).

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

Revenue vs Market: EXX's revenue is expected to decline over the next 3 years (-0.8% per year).

High Growth Revenue: EXX's revenue is forecast to decline over the next 3 years (-0.8% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: EXX's Return on Equity is forecast to be low in 3 years time (18.4%).


Past Performance

How has Exxaro Resources performed over the past 5 years?

18.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EXX has high quality earnings.

Growing Profit Margin: EXX's current net profit margins (32.5%) are higher than last year (27.2%).


Past Earnings Growth Analysis

Earnings Trend: EXX's earnings have grown by 18.8% per year over the past 5 years.

Accelerating Growth: EXX's earnings growth over the past year (28.7%) exceeds its 5-year average (18.8% per year).

Earnings vs Industry: EXX earnings growth over the past year (28.7%) underperformed the Oil and Gas industry 28.7%.


Return on Equity

High ROE: EXX's Return on Equity (24.7%) is considered high.


Financial Health

How is Exxaro Resources's financial position?


Financial Position Analysis

Short Term Liabilities: EXX's short term assets (ZAR12.1B) exceed its short term liabilities (ZAR5.8B).

Long Term Liabilities: EXX's short term assets (ZAR12.1B) do not cover its long term liabilities (ZAR21.7B).


Debt to Equity History and Analysis

Debt Level: EXX's debt to equity ratio (22%) is considered satisfactory.

Reducing Debt: EXX's debt to equity ratio has increased from 13.1% to 22% over the past 5 years.

Debt Coverage: EXX's debt is well covered by operating cash flow (43.6%).

Interest Coverage: EXX's interest payments on its debt are well covered by EBIT (7.7x coverage).


Balance Sheet


Dividend

What is Exxaro Resources's current dividend yield, its reliability and sustainability?

22.26%

Current Dividend Yield


Upcoming Dividend Payment

TodaySep 22 2021Ex Dividend DateSep 29 2021Dividend Pay DateOct 04 20215 days from Ex DividendBuy in the next 6 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: EXX's dividend (22.27%) is higher than the bottom 25% of dividend payers in the ZA market (3.18%).

High Dividend: EXX's dividend (22.27%) is in the top 25% of dividend payers in the ZA market (8.03%)


Stability and Growth of Payments

Stable Dividend: EXX's dividend payments have been volatile in the past 10 years.

Growing Dividend: EXX's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (85.3%), EXX's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: EXX's dividends in 3 years are forecast to be covered by earnings (65.4% payout ratio).


Next Steps

  • Explore strong dividend paying companies in the Energy industry.

Management

How experienced are the management team and are they aligned to shareholders interests?

6.3yrs

Average management tenure


CEO

Mxolisi Mgojo (60 yo)

5.42yrs

Tenure

R24,404,336

Compensation

Mr. Mxolisi Donald Mbuyisa Mgojo serves as Non Executive Director at Talent 10 Capital Partners (Pty) Ltd. He is a Founder and Non Executive Director of Talent10 Holdings. He was Director of Tronox Holding...


CEO Compensation Analysis

Compensation vs Market: Mxolisi's total compensation ($USD1.64M) is above average for companies of similar size in the ZA market ($USD1.21M).

Compensation vs Earnings: Mxolisi's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: EXX's management team is seasoned and experienced (6.3 years average tenure).


Board Members

Experienced Board: EXX's board of directors are considered experienced (5 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

Exxaro Resources Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Exxaro Resources Limited
  • Ticker: EXX
  • Exchange: JSE
  • Founded: 2000
  • Industry: Coal and Consumable Fuels
  • Sector: Energy
  • Market Cap: R42.482b
  • Shares outstanding: 244.86m
  • Website: https://www.exxaro.com

Number of Employees


Location

  • Exxaro Resources Limited
  • The Connexxion
  • 263B West Avenue
  • Centurion
  • Gauteng
  • 163
  • South Africa

Listings


Biography

Exxaro Resources Limited engages in coal, iron ore investment, pigment manufacturing, and renewable energy businesses in South Africa, Europe, Australia, and Asia. It produces thermal coal, metallurgical c...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/21 22:33
End of Day Share Price2021/09/21 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.