MRF Stock Overview
Engages in the mining and beneficiation of chrome ore into ferrochrome. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 3/6 |
| Financial Health | 6/6 |
| Dividends | 5/6 |
My Notes
Capture your thoughts, links and company narrative
Merafe Resources Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | R1.37 |
| 52 Week High | R1.61 |
| 52 Week Low | R1.20 |
| Beta | 0.58 |
| 1 Month Change | -9.87% |
| 3 Month Change | -5.52% |
| 1 Year Change | 9.60% |
| 3 Year Change | 23.42% |
| 5 Year Change | 59.30% |
| Change since IPO | 1,857.20% |
Recent News & Updates
Recent updates
Merafe Resources Limited's (JSE:MRF) Shares Bounce 27% But Its Business Still Trails The Market
Mar 30
We Think That There Are Issues Underlying Merafe Resources' (JSE:MRF) Earnings
Aug 17Should Shareholders Reconsider Merafe Resources Limited's (JSE:MRF) CEO Compensation Package?
May 11What Type Of Returns Would Merafe Resources'(JSE:MRF) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Mar 03What Type Of Shareholders Make Up Merafe Resources Limited's (JSE:MRF) Share Registry?
Feb 05
Should You Buy Merafe Resources Limited (JSE:MRF) For Its Dividend?
Dec 27Read This Before Selling Merafe Resources Limited (JSE:MRF) Shares
Nov 30Shareholder Returns
| MRF | ZA Metals and Mining | ZA Market | |
|---|---|---|---|
| 7D | -2.1% | -6.6% | -2.9% |
| 1Y | 9.6% | -23.6% | 10.1% |
Return vs Industry: MRF exceeded the ZA Metals and Mining industry which returned -23.6% over the past year.
Return vs Market: MRF matched the ZA Market which returned 10.1% over the past year.
Price Volatility
| MRF volatility | |
|---|---|
| MRF Average Weekly Movement | 3.1% |
| Metals and Mining Industry Average Movement | 7.1% |
| Market Average Movement | 4.2% |
| 10% most volatile stocks in ZA Market | 8.8% |
| 10% least volatile stocks in ZA Market | 2.5% |
Stable Share Price: MRF has not had significant price volatility in the past 3 months compared to the ZA market.
Volatility Over Time: MRF's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1987 | n/a | Zanele Matlala | www.meraferesources.co.za |
Merafe Resources Limited, together with its subsidiaries, engages in the mining and beneficiation of chrome ore into ferrochrome. It operates ferrochrome smelters, ferrochrome furnaces, chrome ore mines, UG2 plants, and PGM processing plants located in the Northwest, Limpopo, and Mpumalanga Provinces of South Africa. The company operates in South Africa, Brazil, the United States, Mexico, China, India, Indonesia, Japan, South Korea, Taiwan, Singapore, Australia, Germany, Italy, the Luxembourg, Spain, France, and Belgium.
Merafe Resources Limited Fundamentals Summary
| MRF fundamental statistics | |
|---|---|
| Market cap | R3.45b |
| Earnings (TTM) | R1.42b |
| Revenue (TTM) | R9.22b |
2.4x
P/E Ratio0.4x
P/S RatioIs MRF overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MRF income statement (TTM) | |
|---|---|
| Revenue | R9.22b |
| Cost of Revenue | R236.42m |
| Gross Profit | R8.99b |
| Other Expenses | R7.56b |
| Earnings | R1.42b |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
Mar 10, 2025
| Earnings per share (EPS) | 0.57 |
| Gross Margin | 97.44% |
| Net Profit Margin | 15.44% |
| Debt/Equity Ratio | 0% |
How did MRF perform over the long term?
See historical performance and comparisonDividends
30.7%
Current Dividend Yield74%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 16:51 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| 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
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 .
Analyst Sources
Merafe Resources Limited is covered by 7 analysts. 1 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 |
|---|---|
| Andrew Snowdowne | BofA Global Research |
| J. Clark | Deutsche Bank |
| Anshul Gadia | HSBC |