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    KIO   ZAE000085346

KUMBA IRON ORE LIMITED

(KIO)
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Kumba Iron Ore Limited : The underlying trend is in force again

02/03/2021 | 03:50am EDT
long trade
Target price hit
Entry price : 592.5ZAR | Target : 676ZAR | Stop-loss : 570ZAR | Potential : 14.09%
The current trading zone is interesting to the point that investors should pay attention to the stock and anticipate a return of the underlying upward trend.
Investors have an opportunity to buy the stock and target the ZAR 676.
Kumba Iron Ore Limited : Kumba Iron Ore Limited : The underlying trend is in force again
Summary
  • The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
  • The company has solid fundamentals for a short-term investment strategy.

Strengths
  • The group's activity appears highly profitable thanks to its outperforming net margins.
  • Thanks to a sound financial situation, the firm has significant leeway for investment.
  • The group usually releases upbeat results with huge surprise rates.
  • The equity is one of the most attractive in the market with regard to earnings multiple-based valuation.
  • The company is one of the best yield companies with high dividend expectations.
  • Over the last 4 months, analysts have significantly revised upwards the company's estimated sales.
  • Over the last twelve months, the sales forecast has been frequently revised upwards.
  • For the last week, the earnings per share forecast has been revised upwards. According to recent estimates, analysts give a positive overview of the stock
  • For the last 4 months, the company has been enjoying highly positive EPS revisions, which were frequently and significantly raised.
  • For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
  • The tendency within the weekly time frame is positive above the technical support level at 410 ZAR

Weaknesses
  • Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.
  • Most analysts agree on a negative opinion with regard to the stock. Indeed, the average consensus issues recommendations to underperform or sell.
  • The appreciation potential seems limited due to the average target prices set by the analysts covering the stock.

© MarketScreener.com 2021

Disclaimer: The information, charts, data, views, or comments provided by SURPERFORMANCE SAS are intended for investors who have the necessary knowledge and experience to understand and appreciate the information contained within. These items are disseminated for personal reference only. They do not constitute an offer or solicitation to buy or sell financial products or services, nor an investment advice.
The use of the information disseminated takes place under the investor's sole responsibility, without recourse against SURPERFORMANCE SAS. SURPERFORMANCE SAS will not be liable, whether in contract, in tort, under any warranty, for errors, omissions, improper investments, or adverse evolution of markets.

Financials
Sales 2021 128 B 8 751 M 8 751 M
Net income 2021 47 750 M 3 272 M 3 272 M
Net cash 2021 36 535 M 2 504 M 2 504 M
P/E ratio 2021 5,68x
Yield 2021 17,1%
Capitalization 250 B 17 128 M 17 130 M
EV / Sales 2021 1,67x
EV / Sales 2022 2,22x
Nbr of Employees 6 107
Free-Float 29,8%
Upcoming event on KUMBA IRON ORE LIMITED
10/21/21
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus UNDERPERFORM
Number of Analysts 7
Last Close Price 779,33 ZAR
Average target price 606,43 ZAR
Spread / Average Target -22,2%
EPS Revisions
Managers and Directors
Themba Mkhwanazi Chief Executive Officer & Director
Bothwell Mazarura Chief Financial Officer & Executive Director
Terence Philip Goodlace Chairman
Glen Mc Gavigan Executive Head-Technical & Projects
Vijay Kumar Chief Operating Officer
Sector and Competitors
1st jan.Capi. (M$)
KUMBA IRON ORE LIMITED25.13%17 152
VALE S.A.32.16%117 388
FORTESCUE METALS GROUP LIMITED6.32%59 902
NMDC LIMITED58.26%7 212
FERREXPO PLC73.39%4 023
CAP S.A.37.44%2 584