- Mineral Resources reported FY revenue of A$5.28 billion, an increase of 10% year-over-year.
- Revenue exceeded estimates of A$4.88 billion.
- Lithium revenue was A$1.41 billion, beating the estimate of A$1.09 billion.
- Underlying profit was A$158 million, a drop of 79% year-over-year, and slightly below estimates of A$161.2 million.
- Underlying EBITDA stood at A$1.06 billion, down 40% year-over-year, but higher than the estimate of A$1.04 billion.
- Total iron ore revenue amounted to A$2.58 billion, marginally surpassing the estimate of A$2.56 billion.
- Earnings per share (EPS) were A$0.8100.
- Return on invested capital (ROIC) was 5.3%, down from 6.7% year-over-year.
- For the 2025 forecast, the company expects capital expenditure of A$1.95 billion.
- Projected mining services volumes range from 295 million to 315 million tons.
- Analyst recommendations include 11 buys, 3 holds, and 3 sells.
Mineral Resources on Smartkarma
Analyzing Mineral Resources on Smartkarma, top independent analysts like Fraser Christie from TDM Growth Partners provide valuable insights. In the report titled “Mineral Resources: Unearthing Value” by Business Breakdowns, the sentiment leans bullish. The founder-led company, known for its diversified infrastructure and mining operations, has experienced significant growth post IPO. Highlighting the pivotal role of the infrastructure segment “Infraco,” the CEO envisions substantial future expansion, indicating further growth potential for the company.
A look at Mineral Resources Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 2.4 |
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., an Australian company providing contract crushing services to the mining industry, has a mixed long-term outlook based on the Smartkarma Smart Scores. With a Value score of 3, the company is considered to offer moderate value to investors. In terms of Growth, Mineral Resources scores a 3, indicating a promising outlook for expansion and development. However, with a Dividend score of 2 and Resilience and Momentum scores of 2 each, the company falls slightly short in terms of dividend payouts, ability to withstand economic shocks, and market momentum, which may warrant caution for potential investors.
In summary, Mineral Resources Ltd. operates in the mining sector in Australia, providing crucial services to gold, iron ore, tantalum, and coal companies. While the company shows potential for growth and offers moderate value, its performance in terms of dividends, resilience, and market momentum is somewhat lacking, suggesting a cautious approach to long-term investment in this particular company.
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.
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