Earnings Alerts

Mineral Resources (MIN) Earnings: FY Revenue Surpasses Estimates but Underlying Profit Plummets

“`html

  • Revenue Growth: Mineral Resources reported revenue of A$5.28 billion, up 10% year-over-year (y/y), beating the estimate of A$4.88 billion.
  • Lithium Revenue: Lithium revenue reached A$1.41 billion, surpassing the estimate of A$1.09 billion.
  • Iron Ore Revenue: Total iron ore revenue was A$2.58 billion, slightly above the estimate of A$2.56 billion.
  • Profit Decline: Underlying profit was A$158 million, down 79% y/y, and missed the estimate of A$161.2 million.
  • Net Profit: Net profit stood at A$125 million compared to A$243 million y/y.
  • EBITDA: Underlying EBITDA was A$1.06 billion, down 40% y/y, but beat the estimate of A$1.04 billion.
  • Earnings Per Share (EPS): EPS was A$0.6354.
  • Return on Invested Capital: Return on invested capital was 5.3%, compared to 6.7% y/y.
  • 2025 Forecast: Capital expenditure expected to be A$1.95 billion.
  • Mining Services Forecast: Mining services volumes projected between 295 million to 315 million tons in 2025.
  • Analyst Ratings: 11 buys, 3 holds, and 3 sells.

“`


Mineral Resources on Smartkarma

Mineral Resources has garnered analyst coverage on Smartkarma, a prominent independent investment research platform. Business Breakdowns, in its report titled “Mineral Resources: Unearthing Value – Business Breakdowns, EP.172,” provides insights into the company’s founder-led diversified infrastructure and mining business. The report highlights the significant growth the company has experienced since its IPO, with a specific focus on its infrastructure segment, “Infraco,” which is deemed critical to its success. Analyst Fraser Christie from TDM Growth Partners discusses the potential for Mineral Resources to expand exponentially from its current size, emphasizing a positive outlook on the company’s future prospects. The report, while machine-generated from publicly available sources, offers valuable information for investors seeking comprehensive insights into Mineral Resources.


A look at Mineral Resources Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth3
Resilience2
Momentum2
OVERALL SMART SCORE2.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Mineral Resources Ltd., known for providing contract crushing services in Australia to various mining companies involved in gold, iron ore, tantalum, and coal, shows a mixed long-term outlook based on Smartkarma Smart Scores. The company scores moderately in Value and Growth at 3 out of 5 for each, indicating a stable position in terms of its intrinsic value and potential for expansion. However, it falls slightly lower in Dividend, Resilience, and Momentum, scoring 2 out of 5 in each category, reflecting challenges in dividend payouts, adaptability to changing market conditions, and momentum in the market.

While Mineral Resources has a solid foundation in terms of value and growth potential, its scores in dividend, resilience, and momentum suggest room for improvement in enhancing shareholder returns, strengthening its ability to weather uncertainties, and gaining market traction. Investors may find the company’s overall outlook cautiously optimistic, with opportunities for strategic enhancements to drive long-term performance.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars