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Exxaro Resources Limited (EXX.JO)

ZAc20,000.00 +146.00 (+0.74%)
ZA JNB Energy Coal
Address The Connexxion 163
Centurion, ZA
CEO Bennetor Magara
Website exxaro.com
IPO 2001-11-27
ISIN ZAE000084992

Explore sections of this company profile

Also trades on Johannesburg Stock Exchange · EXX.JO (ZAc) Other OTC · EXXAF (USD)
Description

Established in 2000 and headquartered in Centurion, South Africa, Exxaro Resources Limited is a diversified enterprise with significant interests in the coal, iron ore, pigment, and renewable energy sectors. Its footprint extends across South Africa, Europe, Australia, and Asia. The company primarily extracts thermal, metallurgical, and semi-soft coking coal from its operations in the Waterberg and Mpumalanga regions. Additionally, Exxaro invests in iron ore, manufactures pigments, and operates two wind farms. It also supplies gas-atomised ferrosilicon, a product utilized in separation plants. The organization was formerly named Kumba Resources Limited before adopting its current identity as Exxaro Resources Limited in November 2006.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
ZAc20,000.00 +146.00 (+0.74%)
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Volume Profile
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Liquidity & share structure
Average Volume
809.6K
Beta
0.07
Float Shares
177.45M
Free Float %
75.8%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.75% +3.58% -2.26% +8.66% +23.57% +20.07% +46.23% +34.45% +39.70% +224.42% -67.97%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
20,000.00
DCF (Unlevered) 95,223.38 +376.1%
DCF (Levered) 117,462.42 +487.3%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 100% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 4 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
3.31
Safe zone
Piotroski F-Score
6 / 9
Average
MOAT Score
4 / 10
Developing
Composite Rating
A+
Overall Score
4 / 5
High
DCF Score
4 / 5
High
ROE Score
4 / 5
High
ROA Score
5 / 5
High
D/E Score
3 / 5
Medium
P/E Score
4 / 5
High
P/Book Score
4 / 5
High
Operational MOAT
✓ MOAT relativo
  • Revenue growth Coal: -9.5%
    +2.6% Q4'25: +7.3% (vs Q4'23)
  • EPS growth Coal: -15.8%
    -0.6% Q4'25: -34.4% (vs Q4'23)
  • FCF margin FCF growth · Coal: +4.7%
    +9.2% Q4'25: +12.7% (vs Q4'23)
  • EBIT margin Coal: +10.5%
    +17.6% Q4'25: +15.2% (vs Q4'23)
  • ROIC Coal: +3.2%
    +10.0% Q4'25: +17.5% (vs Q4'23)
  • Share dilution Coal: +0.0%
    -1.7% Q4'25: -3.1% (vs Q4'23)
  • Debt / EBITDA Net debt/EBITDA · Coal: -0.13×
    1.23× Q4'25: 0.67× (vs Q4'23)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.09) × ERP
WACC = 80% × Ke + 20% × Kd (5.8%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 95,223.38 Current price: 20,000.00
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
6 Rev. Ana.
4 EPS Ana.
Dec 2027
6 Rev. Ana.
4 EPS Ana.
Dec 2028
6 Rev. Ana.
3 EPS Ana.
Dec 2029
5 Rev. Ana.
1 EPS Ana.
Revenue
18.33B
est: 18.02B (+1.7%)
20.90B
est: 21.69B (-3.6%)
22.81B
est: 23.55B (-3.1%)
25.49B
est: 25.22B (+1.1%)
25.73B
est: 24.91B (+3.3%)
28.92B
est: 28.11B (+2.9%)
32.77B
est: 33.43B (-2.0%)
46.37B
est: 47.87B (-3.1%)
38.70B
est: 38.74B (-0.1%)
40.73B
est: 39.45B (+3.2%)
41.77B
est: 40.75B (+2.5%)
50.14B
46.33B – 55.16B
+23.1% YoY
52.35B
47.64B – 59.96B
+4.4% YoY
53.56B
53.56B – 53.56B
+2.3% YoY
57.32B
52.55B – 64.38B
+7.0% YoY
EBITDA
4.88B
est: 5.68B (-14.1%)
6.01B
est: 6.84B (-12.1%)
2.59B
est: 7.43B (-65.2%)
7.57B
est: 7.96B (-4.8%)
6.50B
est: 7.86B (-17.3%)
5.71B
est: 8.87B (-35.6%)
10.29B
est: 10.55B (-2.4%)
19.85B
est: 15.10B (+31.4%)
15.00B
est: 12.65B (+18.6%)
10.19B
est: 12.89B (-20.9%)
10.58B
est: 13.31B (-20.5%)
16.38B
15.13B – 18.02B
+23.1% YoY
17.10B
15.56B – 19.59B
+4.4% YoY
17.50B
17.50B – 17.50B
+2.3% YoY
18.72B
17.17B – 21.03B
+7.0% YoY
EBIT
2.42B
est: 4.39B (-44.9%)
4.47B
est: 5.29B (-15.4%)
947.00M
est: 5.74B (-83.5%)
5.74B
est: 6.15B (-6.6%)
4.34B
est: 6.07B (-28.5%)
4.14B
est: 6.85B (-39.6%)
7.40B
est: 8.15B (-9.2%)
16.57B
est: 11.67B (+42.0%)
12.00B
est: 9.69B (+23.8%)
7.42B
est: 9.87B (-24.9%)
7.35B
est: 10.20B (-28.0%)
12.55B
11.59B – 13.80B
+23.1% YoY
13.10B
11.92B – 15.01B
+4.4% YoY
13.40B
13.40B – 13.40B
+2.3% YoY
14.35B
13.15B – 16.11B
+7.0% YoY
Net Income
296.00M
est: 1.09B (-72.8%)
5.68B
est: 2.95B (+92.7%)
5.98B
est: 4.45B (+34.5%)
7.03B
est: 5.74B (+22.4%)
9.81B
est: 6.14B (+59.7%)
7.28B
est: 7.26B (+0.3%)
12.67B
est: 11.79B (+7.4%)
13.83B
est: 15.18B (-8.9%)
11.29B
est: 9.07B (+24.5%)
7.72B
est: 8.18B (-5.5%)
7.56B
est: 7.56B (+0.0%)
8.94B
8.25B – 11.21B
+18.3% YoY
8.51B
7.97B – 9.37B
-4.9% YoY
8.87B
6.96B – 10.11B
+4.3% YoY
8.95B
7.98B – 10.38B
+0.9% YoY
SGA
1.13B
est: 723.40M (+55.8%)
1.78B
est: 870.63M (+104.6%)
2.01B
est: 945.58M (+112.8%)
2.09B
est: 1.01B (+106.2%)
2.11B
est: 999.87M (+110.5%)
2.15B
est: 1.13B (+90.5%)
491.00M
est: 1.34B (-63.4%)
2.13B
est: 1.92B (+10.7%)
2.16B
est: 979.18M (+120.4%)
398.00M
est: 997.36M (-60.1%)
est: 1.03B (-100.0%)
1.27B
1.17B – 1.39B
+23.1% YoY
1.32B
1.20B – 1.52B
+4.4% YoY
1.35B
1.35B – 1.35B
+2.3% YoY
1.45B
1.33B – 1.63B
+7.0% YoY
EPS
0.83
est: 4.50 (-81.6%)
16.00
est: 12.18 (+31.4%)
19.23
est: 18.38 (+4.6%)
21.56
est: 23.73 (-9.2%)
34.16
est: 25.37 (+34.6%)
29.02
est: 30.02 (-3.3%)
51.28
est: 48.72 (+5.2%)
57.13
est: 61.79 (-7.5%)
46.75
est: 37.49 (+24.7%)
31.98
est: 33.03 (-3.2%)
31.78
est: 32.30 (-1.6%)
39.90
34.68 – 47.09
+23.5% YoY
35.87
33.49 – 39.35
-10.1% YoY
36.13
29.23 – 42.48
+0.7% YoY
37.61
33.54 – 43.63
+4.1% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 A+ 4/5 4/5 4/5 5/5 3/5 4/5 4/5
2026-05-28 A+ 4/5 4/5 4/5 5/5 3/5 4/5 4/5
2026-05-27 A+ 4/5 4/5 4/5 5/5 3/5 4/5 4/5
2026-05-26 A+ 4/5 4/5 4/5 5/5 3/5 4/5 4/5
2026-05-25 A+ 4/5 4/5 4/5 5/5 3/5 4/5 4/5
2026-05-22 A+ 4/5 4/5 4/5 5/5 3/5 4/5 4/5
2026-05-21 A+ 4/5 4/5 4/5 5/5 3/5 4/5 4/5
2026-05-20 A+ 4/5 4/5 4/5 5/5 3/5 4/5 4/5
2026-05-19 A+ 4/5 4/5 4/5 5/5 3/5 4/5 4/5
2026-05-18 A+ 4/5 4/5 4/5 5/5 3/5 4/5 4/5
2026-05-15 A+ 4/5 4/5 4/5 5/5 3/5 4/5 4/5
2026-05-14 A+ 4/5 4/5 4/5 5/5 3/5 4/5 4/5
2026-05-13 A+ 5/5 4/5 4/5 5/5 3/5 4/5 5/5
2026-05-12 A+ 5/5 4/5 4/5 5/5 3/5 4/5 5/5
2026-05-11 A+ 4/5 4/5 4/5 5/5 3/5 4/5 4/5
2026-05-08 A+ 4/5 4/5 4/5 5/5 3/5 4/5 4/5
2026-05-07 A+ 4/5 4/5 4/5 5/5 3/5 4/5 4/5
2026-05-06 A+ 4/5 4/5 4/5 5/5 3/5 4/5 4/5
2026-05-05 A+ 4/5 4/5 4/5 5/5 3/5 4/5 4/5
2026-05-04 A+ 4/5 4/5 4/5 5/5 3/5 4/5 4/5
2026-04-30 A 4/5 4/5 4/5 5/5 2/5 4/5 4/5
2026-04-29 A 4/5 4/5 4/5 5/5 2/5 4/5 4/5
2026-04-28 A 4/5 4/5 4/5 5/5 2/5 4/5 4/5
2026-04-24 A 4/5 4/5 4/5 5/5 2/5 4/5 4/5
2026-04-23 A- 4/5 4/5 4/5 5/5 1/5 3/5 4/5
2026-04-22 A- 4/5 4/5 4/5 5/5 1/5 3/5 4/5
2026-04-21 A- 4/5 4/5 4/5 5/5 1/5 3/5 4/5
2026-04-20 A- 4/5 4/5 4/5 5/5 1/5 3/5 4/5
2026-04-17 A- 4/5 4/5 4/5 5/5 1/5 3/5 4/5
2026-04-16 A- 4/5 4/5 4/5 5/5 1/5 3/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
11.99B
OE per share TTM
50.22
Owner's Yield
23.83%
Maintenance CapEx ratio
47.08%
Maint CapEx / Avg PPE
104.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 80 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Range Global Coal Index ETF COAL 4.22% 1.21M 0.85%
2 iShares Emerging Markets Dividend ETF DVYE 1.24% 14.86M 0.50%
3 iShares EM Dividend UCITS ETF IEDY.L 1.24% 17.95M 0.65%
4 Invesco FTSE Emerging Markets High Dividend Low Volatility UCITS ETF EMHD.L 1.15% 3.26M 0.49%
5 Global X - SuperDividend ETF SDIV 1.02% 12.30M 0.58%
6 Global X Superdividend UCITS ETF USD SDIP.L 1.01% 9.13M 0.45%
7 Cambria Emerging Shareholder Yield ETF EYLD 0.90% 7.63M 0.65%
8 Fidelity Emerging Markets Multifactor ETF FDEM 0.85% 4.96M 0.25%
9 Pacer Emerging Markets Cash Cows 100 ETF ECOW 0.35% 751.3K 0.70%
10 VanEck Africa Index ETF AFK 0.29% 291.6K 0.76%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
354.3K
Shares Outstanding
234.14M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Leon Groenewald Executive Head of Head Energy 26M male
Bennetor Magara Chief Executive Officer & Executive Director 17M male
Pieter Adriaan Koppeschaar Finance Director & Executive Director 13M male
Joseph Anthony Rock Executive Head of People & Performance 9M male
Richard Lilleike Executive Head of Strategy & Business Development 8M male
Johan G. Meyer Executive Head of Metals 8M male
Mongezi Veti Executive Head of Sustainability 7M male
Michelle Nana Group Company Secretary 5M female
Caroline Shirindza Executive Head of Coal 2M female
Fortune Ntlhoro Executive Head of commercial 701.6K male
Mervin Govender Executive Head of Technical Services & Acting Chief Coal Operations Officer male
Anda Mwanda Manager of Investor Relations male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits