Merafe Resources Past Earnings Performance

Past criteria checks 5/6

Merafe Resources has been growing earnings at an average annual rate of 44.8%, while the Metals and Mining industry saw earnings growing at 26.7% annually. Revenues have been growing at an average rate of 13% per year. Merafe Resources's return on equity is 33.3%, and it has net margins of 19%.

Key information

44.8%

Earnings growth rate

44.8%

EPS growth rate

Metals and Mining Industry Growth36.2%
Revenue growth rate13.0%
Return on equity33.3%
Net Margin19.0%
Next Earnings Update12 Aug 2024

Recent past performance updates

We Think That There Are Issues Underlying Merafe Resources' (JSE:MRF) Earnings

Aug 17
We Think That There Are Issues Underlying Merafe Resources' (JSE:MRF) Earnings

Recent updates

Merafe Resources Limited's (JSE:MRF) Shares Bounce 27% But Its Business Still Trails The Market

Mar 30
Merafe Resources Limited's (JSE:MRF) Shares Bounce 27% But Its Business Still Trails The Market

We Think That There Are Issues Underlying Merafe Resources' (JSE:MRF) Earnings

Aug 17
We Think That There Are Issues Underlying Merafe Resources' (JSE:MRF) Earnings

Should Shareholders Reconsider Merafe Resources Limited's (JSE:MRF) CEO Compensation Package?

May 11
Should Shareholders Reconsider Merafe Resources Limited's (JSE:MRF) CEO Compensation Package?

What Type Of Returns Would Merafe Resources'(JSE:MRF) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

Mar 03
What Type Of Returns Would Merafe Resources'(JSE:MRF) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

What Type Of Shareholders Make Up Merafe Resources Limited's (JSE:MRF) Share Registry?

Feb 05
What Type Of Shareholders Make Up Merafe Resources Limited's (JSE:MRF) Share Registry?

Should You Buy Merafe Resources Limited (JSE:MRF) For Its Dividend?

Dec 27
Should You Buy Merafe Resources Limited (JSE:MRF) For Its Dividend?

Read This Before Selling Merafe Resources Limited (JSE:MRF) Shares

Nov 30
Read This Before Selling Merafe Resources Limited (JSE:MRF) Shares

Revenue & Expenses Breakdown

How Merafe Resources makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

JSE:MRF Revenue, expenses and earnings (ZAR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 239,2441,753110
30 Sep 238,8281,643120
30 Jun 238,4121,534130
31 Mar 238,1761,472130
31 Dec 227,9391,410130
30 Sep 228,2741,716110
30 Jun 228,6082,02290
31 Mar 228,3361,84890
31 Dec 218,0631,67490
30 Sep 217,1251,10440
30 Jun 216,188534-10
31 Mar 215,484-234-10
31 Dec 204,780-1,003-10
30 Sep 204,854-1,74600
30 Jun 204,928-2,48820
31 Mar 205,154-1,92520
31 Dec 195,379-1,36220
30 Sep 195,527-46910
30 Jun 195,67542400
31 Mar 195,64155310
31 Dec 185,60668320
30 Sep 185,81876800
30 Jun 186,030853-10
31 Mar 185,959883-10
31 Dec 175,88991400
30 Sep 175,87993810
30 Jun 175,86996230
31 Mar 175,78574710
31 Dec 165,70253200
30 Sep 165,16040400
30 Jun 164,61827700
31 Mar 164,52331000
31 Dec 154,42834300
30 Sep 154,13522900
30 Jun 153,84111400
31 Mar 153,72516400
31 Dec 143,60921400
30 Sep 143,81430800
30 Jun 144,01840200
31 Mar 143,75830600
31 Dec 133,49721100
30 Sep 133,1397700

Quality Earnings: MRF has high quality earnings.

Growing Profit Margin: MRF's current net profit margins (19%) are higher than last year (17.8%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: MRF's earnings have grown significantly by 44.8% per year over the past 5 years.

Accelerating Growth: MRF's earnings growth over the past year (24.3%) is below its 5-year average (44.8% per year).

Earnings vs Industry: MRF earnings growth over the past year (24.3%) exceeded the Metals and Mining industry -6.6%.


Return on Equity

High ROE: MRF's Return on Equity (33.3%) is considered high.


Return on Assets


Return on Capital Employed


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