CompanyGraph
Thungela Resources Limited
TGA · South Africa
Price data from its TGA listing on LSE, quoted in GBp
thungela.comFinancials as of FY2025
At a glance
- Depends onUpstream position: supplies 6 industries, depends on 3
- ScaleLevered free cash flow is -$442.76M, lower than 95% of all stocks globally
- PositionOperating margin is -6.9%, lower than 95% of its Thermal Coal peers (median 11.3%)
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Sign inWhat the company actually pays, and whether its own cash supports it.
Dividends view
Yield
3.38%
Annual Rate
ZAR 4.00Paid semi-annual
Payout Ratio
68.3%Moderate
Payback Period
1.4 yr
Last Ex-Dividend
Sep 16, 2026
The reported statements, read against the company's own industry.
Financials view
Market Capitalization
11.73BZAR733.18M · vs all stocks (USD)
Revenue (TTM)
29.60BZAR1.85B · vs all stocks (USD)
Profit Margin
-23.94%vs Thermal Coal peers
Beta
-1.12xvs all stocks
52-Week Change
24.20%vs all stocks
Forward Annual Dividend Yield
3.38%vs all stocks
Market Capitalization
11.73BZAR733.18M · vs all stocks (USD)
Enterprise Value
11.68BZAR730.07M · vs all stocks (USD)
Forward P/E
13.68xvs Thermal Coal peers
Price to Sales (TTM)
0.5045xvs Thermal Coal peers
Price to Book (MRQ)
0.9304xvs Thermal Coal peers
Enterprise to Revenue
0.2950xvs Thermal Coal peers
Enterprise to EBITDA
5.89xvs Thermal Coal peers
Profit Margin
-23.94%vs Thermal Coal peers
Operating Margin
-6.93%vs Thermal Coal peers
Return on Assets (TTM)
-2.02%vs Thermal Coal peers
Return on Equity (TTM)
-33.62%vs Thermal Coal peers
Revenue (TTM)
29.60BZAR1.85B · vs all stocks (USD)
Revenue per Share (TTM)
228.29ZARUpdated Aug 22, 2026Quarterly Revenue Growth
-21.40%vs Thermal Coal peers
Gross Profit (TTM)
16.88BZAR1.05B · vs all stocks (USD)
EBITDA (TTM)
2.49BZAR155.36M · vs all stocks (USD)
Net Income (TTM)
-7.08BZAR-442.76M · vs all stocks (USD)
Operating Cash Flow (TTM)
2.37BZAR147.98M · vs all stocks (USD)
Levered Free Cash Flow (TTM)
-7.08BZAR-442.76M · vs all stocks (USD)
Forward Annual Dividend Rate
4.00ZARUpdated Aug 22, 2026Forward Annual Dividend Yield
3.38%vs all stocks
Trailing Annual Dividend Rate
4.00ZARUpdated Aug 22, 2026Trailing Annual Dividend Yield
3.38%vs all stocks
Payout Ratio
68.35%vs Thermal Coal peers
Minority Interest (Equity)
166.00MZARFY2025 · Dec 31, 2025Revenue
29.60BZARFY2025 · Dec 31, 2025Cost of Goods Sold
12.72BZARFY2025 · Dec 31, 2025Gross Profit
16.88BZARFY2025 · Dec 31, 2025Operating Income
-1.49BZAR-92.99M · vs all stocks (USD)
Pre-tax Income
-8.00BZARFY2025 · Dec 31, 2025Income Tax Expense
-889.00MZARFY2025 · Dec 31, 2025Net Income
-7.11BZARFY2025 · Dec 31, 2025EBIT
-6.91BZARFY2025 · Dec 31, 2025EBITDA (Income Statement)
2.65BZARFY2025 · Dec 31, 2025Research & Development
287.00MZARFY2025 · Dec 31, 2025Selling, General & Administrative
441.00MZARFY2025 · Dec 31, 2025Other Operating Expenses
10.57BZARFY2025 · Dec 31, 2025Non-operating Interest Income
546.00MZARFY2025 · Dec 31, 2025Non-operating Interest Expense
1.09BZARFY2025 · Dec 31, 2025EPS (Basic)
-54.64ZARFY2025 · Dec 31, 2025EPS (Diluted)
-54.64ZARFY2025 · Dec 31, 2025Basic Shares Outstanding
129.66MSharesFY2025 · Dec 31, 2025Diluted Shares Outstanding
129.66MSharesFY2025 · Dec 31, 2025Minority Interests (P&L)
22.00MZARFY2025 · Dec 31, 2025Preferred Stock Dividends
0.00ZARFY2025 · Dec 31, 2025Operating Cash Flow
-9.52BZARFY2025 · Dec 31, 2025Free Cash Flow
-9.58BZARFY2025 · Dec 31, 2025Cash & Cash Equivalents (End of Period)
6.07BZARFY2025 · Dec 31, 2025Starting Profit (CF Statement)
-8.00BZARFY2025 · Dec 31, 2025Stock-based Compensation
183.00MZARFY2025 · Dec 31, 2025Other Non-cash Items
-2.67BZARFY2025 · Dec 31, 2025Change in Accounts Receivable (CF)
532.00MZARFY2025 · Dec 31, 2025Change in Other Assets/Liabilities
433.00MZARFY2025 · Dec 31, 2025Capital Expenditures
58.00MZARFY2025 · Dec 31, 2025Net Intangibles (CF)
-36.00MZARFY2025 · Dec 31, 2025Net Acquisitions
-261.00MZARFY2025 · Dec 31, 2025Purchase of Investments
-664.00MZARFY2025 · Dec 31, 2025Sale of Investments
673.00MZARFY2025 · Dec 31, 2025Net Investing Cash Flow
-194.00MZARFY2025 · Dec 31, 2025Net Short-term Debt Issuance
0.00ZARFY2025 · Dec 31, 2025Common Stock Repurchase
-772.00MZARFY2025 · Dec 31, 2025Common Dividends Paid
-1.67BZARFY2025 · Dec 31, 2025Other Financing Charges
-30.00MZARFY2025 · Dec 31, 2025Net Financing Cash Flow
-2.47BZARFY2025 · Dec 31, 2025Shares Outstanding
126.78MSharesUpdated Aug 22, 2026Float Shares
125.64MSharesUpdated Aug 22, 2026% Held by Insiders
4.65%vs all stocks
% Held by Institutions
47.07%vs all stocks
Total Cash (MRQ)
3.75BZAR234.10M · vs all stocks (USD)
Total Cash per Share (MRQ)
48.41ZARUpdated Aug 22, 2026Total Debt (MRQ)
86.00MZAR5.37M · vs all stocks (USD)
Total Debt to Equity (MRQ)
0.0053xvs Thermal Coal peers
Current Ratio (MRQ)
1.73xvs Thermal Coal peers
Book Value per Share (MRQ)
126.29ZARUpdated Aug 22, 2026Total Assets
37.78BZAR2.36B · vs all stocks (USD)
Total Current Assets
13.87BZARFY2025 · Dec 31, 2025Total Liabilities
21.61BZARFY2025 · Dec 31, 2025Total Non-current Assets
23.92BZARFY2025 · Dec 31, 2025Total Non-current Liabilities
13.57BZARFY2025 · Dec 31, 2025Total Current Liabilities
8.04BZARFY2025 · Dec 31, 2025Cash
3.75BZARFY2025 · Dec 31, 2025Cash Equivalents
1.31BZARFY2025 · Dec 31, 2025Cash & Cash Equivalents
5.05BZARFY2025 · Dec 31, 2025Other Short-term Investments
66.00MZARFY2025 · Dec 31, 2025Accounts Receivable
4.09BZARFY2025 · Dec 31, 2025Inventory
3.08BZARFY2025 · Dec 31, 2025Accounts Payable
6.41BZARFY2025 · Dec 31, 2025Short-term Debt
37.00MZARFY2025 · Dec 31, 2025Long-term Debt
49.00MZARFY2025 · Dec 31, 2025Common Stock (Book)
11.32BZARFY2025 · Dec 31, 2025Retained Earnings
2.82BZARFY2025 · Dec 31, 2025Total Shareholders' Equity
16.18BZAR1.01B · vs all stocks (USD)
Treasury Stock
1.54BZARFY2025 · Dec 31, 202552-Week High
18.06KZACUpdated Aug 22, 202652-Week Change
24.20%vs all stocks
Beta
-1.12xvs all stocks
50-Day MA
10.46KZACUpdated Aug 22, 2026200-Day MA
11.59KZACUpdated Aug 22, 2026Avg 10-Day Volume
786.81KSharesUpdated Aug 22, 2026Avg 30-Day Volume
655.53KSharesUpdated Aug 22, 2026Diluted EPS (TTM)
-45.76ZARUpdated Aug 22, 2026Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.
Peer Positioning
Operating margin is -6.9%, lower than 95% of its Thermal Coal peers (median 11.3%)Significant
Operating margin: -0.07Industry median: 0.11Industry P5: -0.05Peers compared: 42.00
Profit margin is -23.9%, lower than 95% of its Thermal Coal peers (median 7%)Significant
Profit margin: -0.24Industry median: 0.07Industry P5: -0.22Peers compared: 42.00
Return on equity is -33.6%, lower than 95% of its Thermal Coal peers (median 8.3%)Significant
Return on equity: -0.34Industry median: 0.08Industry P5: -0.33Peers compared: 42.00
Debt-to-equity is 0.01×, lower than 95% of its Thermal Coal peers (median 0.36×)Notable
Debt-to-equity: 0.01Industry median: 0.36Industry P5: 0.04Peers compared: 42.00
Structural Tensions
Looks liquid, but the distress score says otherwiseNotable
Current Ratio: 1.73Altman Z-Score: 0.79
Prioritizing buybacks over growth reinvestmentNotable
Buyback Intensity: 0.07Revenue Growth YoY: -0.21
Financial Health
Altman Z-Score 0.79: distress zoneCritical
Altman Z-Score: 0.79
Supply Chain
Upstream position: supplies 6 industries, depends on 3Notable
Outgoing: 6.00Incoming: 3.00
Scale
Levered free cash flow is -$442.76M, lower than 95% of all stocks globallySignificant
Levered free cash flow (USD): -442,755,820Global P5: -209,298,741.335
Revenue is $1.85B, above the global median of $534.05MNotable
Revenue (USD): 1,849,700,708Global Median: 534,052,387.958
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