Kumba Iron Ore (KIO) Stock Overview
Engages in the exploration, extraction, beneficiation, marketing, sale, and shipping of iron ore for the steel industry in South Africa. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
KIO Community Fair Values
Create NarrativeSee what 22 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Kumba Iron Ore Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | R286.06 |
| 52 Week High | R395.31 |
| 52 Week Low | R275.13 |
| Beta | 0.82 |
| 1 Month Change | -4.65% |
| 3 Month Change | -11.60% |
| 1 Year Change | -3.68% |
| 3 Year Change | -32.99% |
| 5 Year Change | -59.47% |
| Change since IPO | 160.05% |
Recent News & Updates
Narrative Update • Jun 18
KIO: Future Returns Will Depend On Stable Output And Rail Delivery
Analysts have reaffirmed their ZAR 313.71 price target for Kumba Iron Ore, citing only marginal tweaks to assumptions, such as a slightly lower discount rate and an unchanged outlook for revenue growth, profit margin and future P/E. What's in the News for Kumba Iron Ore Kumba Iron Ore reported total production of 8.8 Mt for the first quarter ended March 31, 2026, compared with 9.0 Mt in Q1 2025.Narrative Update • Jun 03
KIO: Future Returns Will Rely On Rail Delivery And Stable Payouts
Analysts have raised their price target for Kumba Iron Ore from ZAR306 to about ZAR314, citing updated assumptions that reflect slightly slower expected revenue declines, a modestly higher projected profit margin, and a small adjustment to the forecast future P/E multiple and discount rate. What's in the News Kumba Iron Ore reported first quarter 2026 production of 8.8 Mt, compared with 9.0 Mt in Q1 2025, with lower output at Kolomela partly offset by higher production at Sishen.Narrative Update • Apr 25
KIO: Future Returns Will Depend On Dividends And Rail Logistics Delivery
Analysts have set their Kumba Iron Ore price target at ZAR306, down slightly from ZAR310.29. This reflects small updates to discount rate assumptions, softer revenue growth expectations, and a modestly higher profit margin outlook and future P/E estimate.Recent updates
Narrative Update • Jun 18
KIO: Future Returns Will Depend On Stable Output And Rail Delivery
Analysts have reaffirmed their ZAR 313.71 price target for Kumba Iron Ore, citing only marginal tweaks to assumptions, such as a slightly lower discount rate and an unchanged outlook for revenue growth, profit margin and future P/E. What's in the News for Kumba Iron Ore Kumba Iron Ore reported total production of 8.8 Mt for the first quarter ended March 31, 2026, compared with 9.0 Mt in Q1 2025.Narrative Update • Jun 03
KIO: Future Returns Will Rely On Rail Delivery And Stable Payouts
Analysts have raised their price target for Kumba Iron Ore from ZAR306 to about ZAR314, citing updated assumptions that reflect slightly slower expected revenue declines, a modestly higher projected profit margin, and a small adjustment to the forecast future P/E multiple and discount rate. What's in the News Kumba Iron Ore reported first quarter 2026 production of 8.8 Mt, compared with 9.0 Mt in Q1 2025, with lower output at Kolomela partly offset by higher production at Sishen.Narrative Update • Apr 25
KIO: Future Returns Will Depend On Dividends And Rail Logistics Delivery
Analysts have set their Kumba Iron Ore price target at ZAR306, down slightly from ZAR310.29. This reflects small updates to discount rate assumptions, softer revenue growth expectations, and a modestly higher profit margin outlook and future P/E estimate.Narrative Update • Apr 10
KIO: Future Returns Will Rely On Dividends And Rail Capacity Delivery
Analysts have trimmed their price target for Kumba Iron Ore slightly, with fair value moving from about ZAR313.14 to around ZAR310.29 as they factor in updated assumptions for the discount rate, revenue growth, profit margin and future P/E. What's in the News Kumba Iron Ore approved a gross final cash dividend of ZAR15.43 per share for the year ended 31 December 2025, with a net dividend of ZAR12.34 per share after 20% withholding tax for non exempt shareholders, payable on 16 March 2026 (Key Developments).Narrative Update • Mar 26
KIO: Fair Value Will Depend On Dividends And Rail Logistics Delivery
Analysts have reduced their price target for Kumba Iron Ore from ZAR320.70 to ZAR313.14, citing revised assumptions that include flatter revenue growth, a higher profit margin, and a slightly lower future P/E multiple. What's in the News Kumba Iron Ore approved a gross final cash dividend of 1,543 cents per share for the year ended 31 December 2025, with a 20% dividend withholding tax for non exempt shareholders, resulting in a net dividend of 1,234.40 cents per share (company announcement).Narrative Update • Mar 09
KIO: Fair Value Will Persist As Dividends Balance Logistics Production Risks
Analysts have trimmed their ZAR340 fair value estimate for Kumba Iron Ore to about ZAR320.70, reflecting updated assumptions for revenue growth, margins, discount rate, and future P/E levels. What's in the News Kumba Iron Ore declared a gross final cash dividend of ZAR15.43 per share for the year ended 31 December 2025.Narrative Update • Feb 17
KIO: Fair Value Will Hold As Production Adjusts To Logistics Constraints
Analysts have raised their price target for Kumba Iron Ore from ZAR323.58 to ZAR340.00, citing an updated valuation framework that links a slightly lower discount rate with revised expectations for revenue, profit margins and future P/E multiples. What's in the News Kumba issued production guidance for 2026 of 31 to 33 Mt, which the company expects to be lower than 2025.Analysis Article • Jan 22
Kumba Iron Ore's (JSE:KIO) Returns On Capital Not Reflecting Well On The Business
What are the early trends we should look for to identify a stock that could multiply in value over the long term...Narrative Update • Nov 22
KIO: Fair Value Maintained While Production Faces Pressure From Plant Maintenance
Analysts have maintained their fair value estimate for Kumba Iron Ore at R323.58 per share. They cite only minor adjustments to discount rates and profit margin forecasts in their latest review.Narrative Update • Nov 05
KIO: Future Production Will Face Risk From Maintenance And Plant Upgrades
Analysts have raised their price target for Kumba Iron Ore from R320.88 to R323.58. This reflects updated expectations around the company’s outlook and underlying financial metrics.Analysis Article • Oct 25
Improved Earnings Required Before Kumba Iron Ore Limited (JSE:KIO) Shares Find Their Feet
With a price-to-earnings (or "P/E") ratio of 7x Kumba Iron Ore Limited ( JSE:KIO ) may be sending bullish signals at...Narrative Update • Oct 22
Analysts Trim Kumba Iron Ore Fair Value Estimate Amid Dividend Declaration and Production Update
Analysts have revised their fair value estimate for Kumba Iron Ore downward from R327.50 to R320.88 due to slightly reduced revenue growth and profitability expectations. What's in the News Kumba Iron Ore declared a gross interim cash dividend of 1,660 cents per share for the period ended 30 June 2025.Narrative Update • Oct 08
Sishen UHDMS Upgrade Will Boost Premium Ore Amid Cost Pressure
Analysts have revised their fair value estimate for Kumba Iron Ore downward from R333.75 to R327.50. This change reflects more cautious assumptions about future growth and profitability.Analysis Article • Oct 04
Kumba Iron Ore (JSE:KIO) Is Reinvesting At Lower Rates Of Return
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...New Narrative • Aug 03
Sishen UHDMS Upgrade Will Boost Premium Ore Amid Cost Pressure
Investment in high-grade iron ore production, efficiency programs, and logistics partnerships position Kumba for margin growth despite potential market pressures.Analysis Article • Jul 08
Kumba Iron Ore Limited's (JSE:KIO) Business Is Yet to Catch Up With Its Share Price
With a median price-to-earnings (or "P/E") ratio of close to 8x in South Africa, you could be forgiven for feeling...Shareholder Returns
| KIO | ZA Metals and Mining | ZA Market | |
|---|---|---|---|
| 7D | -1.7% | 3.9% | 1.3% |
| 1Y | -3.7% | 21.8% | 12.8% |
Return vs Industry: KIO underperformed the ZA Metals and Mining industry which returned 21.8% over the past year.
Return vs Market: KIO underperformed the ZA Market which returned 12.8% over the past year.
Price Volatility
| KIO volatility | |
|---|---|
| KIO Average Weekly Movement | 4.3% |
| Metals and Mining Industry Average Movement | 8.4% |
| Market Average Movement | 4.6% |
| 10% most volatile stocks in ZA Market | 9.4% |
| 10% least volatile stocks in ZA Market | 2.8% |
Stable Share Price: KIO has not had significant price volatility in the past 3 months compared to the ZA market.
Volatility Over Time: KIO's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2005 | n/a | Mpumi Zikalala | www.angloamericankumba.com |
Kumba Iron Ore Limited, together with its subsidiaries, engages in the exploration, extraction, beneficiation, marketing, sale, and shipping of iron ore for the steel industry in South Africa. It operates through Products – Sishen Mine, Products – Kolomela Mine, Services – Logistics, and Services – Shipping Operations segments. The company produces iron ore at its flagship Sishen mine located near the town of Kathu in the Northern Cape province; and its Kolomela mine located near Postmasburg in the Northern Cape province.
Kumba Iron Ore Limited Fundamentals Summary
| KIO fundamental statistics | |
|---|---|
| Market cap | R91.63b |
| Earnings (TTM) | R14.61b |
| Revenue (TTM) | R70.08b |
6.3x
P/E Ratio1.3x
P/S RatioIs KIO overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| KIO income statement (TTM) | |
|---|---|
| Revenue | R70.08b |
| Cost of Revenue | R10.04b |
| Gross Profit | R60.04b |
| Other Expenses | R45.43b |
| Earnings | R14.61b |
Last Reported Earnings
Dec 31, 2025
Next Earnings Date
Jul 28, 2026
| Earnings per share (EPS) | 45.62 |
| Gross Margin | 85.68% |
| Net Profit Margin | 20.85% |
| Debt/Equity Ratio | 0% |
How did KIO perform over the long term?
See historical performance and comparisonDividends
11.2%
Current Dividend Yield70%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/07 01:21 |
| End of Day Share Price | 2026/07/06 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.
| 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.
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
Kumba Iron Ore Limited is covered by 18 analysts. 8 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 |
|---|---|
| Mpumelelo Mthembu | Absa Bank Limited |
| Wade Napier | Avior Capital Markets |
| Caroline Learmonth | Barclays |