Added to YB: 2025-07-10
Pitch date: 2025-05-21
TGA.JO [bullish]
Thungela Resources Limited
+14.39%
current return
Author Info
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Company Info
Thungela Resources Limited engages in the mining and production of thermal coal in South Africa and Australia.
Market Cap
ZAR 11.0B
Pitch Price
ZAR 87.04
Price Target
N/A
Dividend
15.32%
EV/EBITDA
0.85
P/E
4.42
EV/Sales
0.12
Sector
Oil, Gas and Consumable Fuels
Category
value
Show full summary:
Thungela Resources Limited - $TGA.JO
TGA.JO: Thermal coal miner with net cash ~90% of market cap. 20% FCF yield in mediocre year (2024) covers enterprise value in <1 year. Returning 19% to shareholders via dividends (15%) & buybacks (4%). Production secured for 12 years with R1.1B CAPEX drop in 2027. Risks: recession, ESG regs, alt energy adoption.
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