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Thungela Resources LimitedJSE:TGA Stock Report

Market Cap R9.9b
Share Price
R76.55
My Fair Value
R94.95
19.4% undervalued intrinsic discount
1Y-39.3%
7D1.1%
Portfolio Value
View

Thungela Resources Limited

JSE:TGA Stock Report

Market Cap: R9.9b

Thungela Resources (TGA) Stock Overview

Engages in the mining and production of thermal coal in South Africa and Australia. More details

TGA fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance1/6
Financial Health6/6
Dividends3/6

TGA Community Fair Values

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Thungela Resources Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Thungela Resources
Historical stock prices
Current Share PriceR76.55
52 Week HighR140.81
52 Week LowR73.10
Beta-0.96
1 Month Change-11.00%
3 Month Change-16.31%
1 Year Change-39.32%
3 Year Change-73.51%
5 Year Changen/a
Change since IPO249.54%

Recent News & Updates

Recent updates

Thungela Resources (JSE:TGA) Hasn't Managed To Accelerate Its Returns

Aug 20
Thungela Resources (JSE:TGA) Hasn't Managed To Accelerate Its Returns
User avatar

Ensham Production Upgrades Will Increase Output, But Future Margins May Face Pressure From Rising Costs

Production upgrades and life extension projects are set to boost revenue and enhance long-term competitiveness through increased availability and stable future earnings.

Shareholder Returns

TGAZA Oil and GasZA Market
7D1.1%2.0%-1.3%
1Y-39.3%19.5%20.8%

Return vs Industry: TGA underperformed the ZA Oil and Gas industry which returned 16.6% over the past year.

Return vs Market: TGA underperformed the ZA Market which returned 22.5% over the past year.

Price Volatility

Is TGA's price volatile compared to industry and market?
TGA volatility
TGA Average Weekly Movement4.9%
Oil and Gas Industry Average Movement4.3%
Market Average Movement4.5%
10% most volatile stocks in ZA Market10.4%
10% least volatile stocks in ZA Market2.5%

Stable Share Price: TGA has not had significant price volatility in the past 3 months compared to the ZA market.

Volatility Over Time: TGA's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1945n/aJuly Ndlovuwww.thungela.com

Thungela Resources Limited engages in the mining and production of thermal coal in South Africa and Australia. It owns interests in and produces its thermal coal from mining operations, consisting of underground and open cast mines in the Mpumalanga province of South Africa, including Goedehoop colliery, Greenside colliery, Isibonelo colliery, Khwezela colliery, Zibulo colliery, and Mafube colliery. It also holds 85% of the Ensham Mine located in Queensland, Australia.

Thungela Resources Limited Fundamentals Summary

How do Thungela Resources's earnings and revenue compare to its market cap?
TGA fundamental statistics
Market capR9.89b
Earnings (TTM)R2.56b
Revenue (TTM)R33.62b
3.9x
P/E Ratio
0.3x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TGA income statement (TTM)
RevenueR33.62b
Cost of RevenueR16.26b
Gross ProfitR17.36b
Other ExpensesR14.80b
EarningsR2.56b

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)19.79
Gross Margin51.64%
Net Profit Margin7.61%
Debt/Equity Ratio0%

How did TGA perform over the long term?

See historical performance and comparison

Dividends

17.0%
Current Dividend Yield
67%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/31 08:16
End of Day Share Price 2025/10/31 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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.

AnalystInstitution
Herbert KharivheAbsa Bank Limited
Ephrem RaviCitigroup Inc
Brian MorganMorgan Stanley