African Rainbow Minerals Past Earnings Performance
Past criteria checks 1/6
African Rainbow Minerals has been growing earnings at an average annual rate of 6.7%, while the Metals and Mining industry saw earnings growing at 10.9% annually. Revenues have been growing at an average rate of 4.1% per year. African Rainbow Minerals's return on equity is 4%, and it has net margins of 27.6%.
Key information
6.7%
Earnings growth rate
6.4%
EPS growth rate
| Metals and Mining Industry Growth | 36.2% |
| Revenue growth rate | 4.1% |
| Return on equity | 4.0% |
| Net Margin | 27.6% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Some Investors May Be Willing To Look Past African Rainbow Minerals' (JSE:ARI) Soft Earnings
Sep 15
African Rainbow Minerals' (JSE:ARI) Soft Earnings Don't Show The Whole Picture
Mar 16Recent updates
Is African Rainbow Minerals (JSE:ARI) Using Debt In A Risky Way?
Dec 10Returns On Capital Signal Tricky Times Ahead For African Rainbow Minerals (JSE:ARI)
Oct 08Some Investors May Be Willing To Look Past African Rainbow Minerals' (JSE:ARI) Soft Earnings
Sep 15African Rainbow Minerals' (JSE:ARI) Dividend Will Be ZAR9.00
Sep 09African Rainbow Minerals Limited's (JSE:ARI) Shares Not Telling The Full Story
Aug 20Returns On Capital Signal Tricky Times Ahead For African Rainbow Minerals (JSE:ARI)
Jun 03Here's Why African Rainbow Minerals (JSE:ARI) Can Manage Its Debt Responsibly
May 11Market Might Still Lack Some Conviction On African Rainbow Minerals Limited (JSE:ARI) Even After 26% Share Price Boost
Apr 19African Rainbow Minerals' (JSE:ARI) Soft Earnings Don't Show The Whole Picture
Mar 16African Rainbow Minerals (JSE:ARI) Is Paying Out Less In Dividends Than Last Year
Mar 15African Rainbow Minerals (JSE:ARI) Might Have The Makings Of A Multi-Bagger
Feb 06African Rainbow Minerals Limited's (JSE:ARI) Low P/E No Reason For Excitement
Dec 29African Rainbow Minerals (JSE:ARI) Is Doing The Right Things To Multiply Its Share Price
Sep 26Here's Why African Rainbow Minerals (JSE:ARI) Can Manage Its Debt Responsibly
Sep 05Returns On Capital Are Showing Encouraging Signs At African Rainbow Minerals (JSE:ARI)
Jun 22If EPS Growth Is Important To You, African Rainbow Minerals (JSE:ARI) Presents An Opportunity
Apr 18Is African Rainbow Minerals (JSE:ARI) A Risky Investment?
Apr 04African Rainbow Minerals (JSE:ARI) Is Looking To Continue Growing Its Returns On Capital
Mar 09These 4 Measures Indicate That African Rainbow Minerals (JSE:ARI) Is Using Debt Reasonably Well
Dec 25Investors Will Want African Rainbow Minerals' (JSE:ARI) Growth In ROCE To Persist
Nov 08Analysts Just Made A Major Revision To Their African Rainbow Minerals Limited (JSE:ARI) Revenue Forecasts
Sep 15Estimating The Fair Value Of African Rainbow Minerals Limited (JSE:ARI)
Sep 07African Rainbow Minerals (JSE:ARI) Is Doing The Right Things To Multiply Its Share Price
Aug 09Should You Be Adding African Rainbow Minerals (JSE:ARI) To Your Watchlist Today?
Jul 05There's Been No Shortage Of Growth Recently For African Rainbow Minerals' (JSE:ARI) Returns On Capital
May 04African Rainbow Minerals (JSE:ARI) Seems To Use Debt Rather Sparingly
Apr 16Do African Rainbow Minerals's (JSE:ARI) Earnings Warrant Your Attention?
Mar 27African Rainbow Minerals (JSE:ARI) Is Investing Its Capital With Increasing Efficiency
Jan 27African Rainbow Minerals (JSE:ARI) Seems To Use Debt Rather Sparingly
Dec 27We Take A Look At Why African Rainbow Minerals Limited's (JSE:ARI) CEO Has Earned Their Pay Packet
Nov 29If You Like EPS Growth Then Check Out African Rainbow Minerals (JSE:ARI) Before It's Too Late
Nov 14Why We Like The Returns At African Rainbow Minerals (JSE:ARI)
Oct 17Revenue & Expenses Breakdown
How African Rainbow Minerals makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 11,418 | 3,146 | 216 | 0 |
| 31 Mar 24 | 11,576 | 4,027 | 280 | 0 |
| 31 Dec 23 | 11,733 | 4,906 | 1,286 | 212 |
| 30 Sep 23 | 13,198 | 6,492 | 1,286 | 212 |
| 30 Jun 23 | 14,662 | 8,080 | 344 | 0 |
| 31 Mar 23 | 16,629 | 10,501 | 746 | 83 |
| 31 Dec 22 | 18,595 | 12,921 | 1,148 | 166 |
| 30 Sep 22 | 17,756 | 12,674 | 1,148 | 166 |
| 30 Jun 22 | 16,917 | 12,426 | 1,148 | 166 |
| 31 Mar 22 | 17,297 | 12,039 | 940 | 136 |
| 31 Dec 21 | 17,677 | 11,651 | 732 | 105 |
| 30 Sep 21 | 18,667 | 12,139 | 732 | 105 |
| 30 Jun 21 | 19,657 | 12,626 | 732 | 105 |
| 31 Mar 21 | 17,405 | 9,664 | 724 | 110 |
| 31 Dec 20 | 15,153 | 6,701 | 716 | 115 |
| 30 Sep 20 | 13,403 | 5,333 | 716 | 115 |
| 30 Jun 20 | 11,653 | 3,965 | 716 | 115 |
| 31 Mar 20 | 10,943 | 4,173 | 685 | 112 |
| 31 Dec 19 | 10,233 | 4,380 | 654 | 108 |
| 30 Sep 19 | 9,534 | 3,967 | 654 | 108 |
| 30 Jun 19 | 8,834 | 3,554 | 654 | 108 |
| 31 Mar 19 | 8,475 | 3,835 | 636 | 54 |
| 31 Dec 18 | 8,115 | 4,115 | 617 | 0 |
| 30 Sep 18 | 8,129 | 4,431 | 617 | 0 |
| 30 Jun 18 | 8,142 | 4,747 | 617 | 0 |
| 31 Dec 17 | 8,156 | 3,551 | 603 | 0 |
| 30 Sep 17 | 8,157 | 2,491 | 603 | 0 |
| 30 Jun 17 | 8,158 | 1,431 | 603 | 0 |
| 31 Dec 16 | 8,008 | 2,013 | 759 | 0 |
| 30 Sep 16 | 8,086 | 1,606 | 759 | 0 |
| 30 Jun 16 | 8,164 | 1,199 | 759 | 0 |
| 31 Mar 16 | 8,756 | -1,129 | 895 | 0 |
| 31 Dec 15 | 8,766 | -1,693 | 914 | 0 |
| 30 Sep 15 | 9,015 | -794 | 914 | 0 |
| 30 Jun 15 | 9,263 | 104 | 914 | 0 |
| 31 Mar 15 | 9,745 | 1,240 | 997 | 0 |
| 31 Dec 14 | 10,227 | 2,376 | 1,080 | 0 |
| 30 Sep 14 | 10,116 | 2,833 | 1,080 | 0 |
| 30 Jun 14 | 10,004 | 3,289 | 1,080 | 0 |
| 31 Mar 14 | 9,190 | 2,616 | 954 | 0 |
| 31 Dec 13 | 8,376 | 1,942 | 827 | 0 |
Quality Earnings: ARI has a large one-off loss of ZAR3.4B impacting its last 12 months of financial results to 30th June, 2024.
Growing Profit Margin: ARI's current net profit margins (27.6%) are lower than last year (55.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ARI's earnings have grown by 6.7% per year over the past 5 years.
Accelerating Growth: ARI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ARI had negative earnings growth (-61.1%) over the past year, making it difficult to compare to the Metals and Mining industry average (-18.4%).
Return on Equity
High ROE: ARI's Return on Equity (4%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 11:58 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
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 .
Analyst Sources
African Rainbow Minerals Limited is covered by 18 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ayan Ghosh | Avior Capital Markets |
| Caroline Learmonth | Barclays |
| Brian Morgan | BNP Paribas Securities (Asia) |