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Merafe Resources Limited (MRF.JO)
ZAc127.00
+3.00 (+2.42%)
ZA JNB Basic Materials Other Precious Metals
Address
Building B 2191
Bryanston, GP, ZA
Bryanston, GP, ZA
CEO
Zanele Matlala
Website
meraferesources.co.za
IPO
2000-01-04
ISIN ZAE000060000
Description
Merafe Resources Limited, together with its subsidiaries, engages in the mining and beneficiation of chrome ore into ferrochrome and associated minerals. The company operates ferrochrome smelters, ferrochrome furnaces, and platinum group metals processing plants in the Western and Eastern limbs of the Bushveld Complex; and chrome ore mines and UG2 plants located in the northwest, Limpopo, and Mpumalanga provinces of South Africa. It has operations in South Africa, Egypt, Turkey, Brazil, the United States, Indonesia, China, India, Japan, South Korea, Taiwan, Australia, Belgium, England, Canada, Mexico, Italy, France, the Netherlands, Slovenia, and Spain. Merafe Resources Limited was incorporated in 1987 and is headquartered in Bryanston, South Africa.
Market Cap & Enterprise Value
Merger & Acquisition History
No mergers or acquisitions recorded for this company.
Technical Outlook
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Signal Summary
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| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
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
ZAc127.00
+3.00 (+2.42%)
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Volume Profile
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Liquidity & share structure
Average Volume
2M
Beta
0.18
Float Shares
1.23B
Free Float %
49.2%
Price Performance
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +1.63% | +0.00% | +8.70% | +5.93% | +15.74% | +14.68% | +6.84% | +6.84% | +98.41% | +32.98% | +303.23% |
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
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Revenue flow
Revenue by geography
Revenue by segment
From
To
Revenue composition
From
To
By product
By geography
Financial Statements
Select metrics from the tables below to build your comparison.
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
Price Targets & DCF
Current price
127.00
DCF (Unlevered)
542.75
+327.4%
DCF (Levered)
439.15
+245.8%
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 | 2024-11 | Change |
|---|---|---|
| Strong Buy | 2 | 0 |
| Buy | 1 | 0 |
| Hold | 0 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
Quality scores
Altman Z-Score
6.04
Safe zone
Piotroski F-Score
4 / 9
Average
MOAT Score
3 / 10
No MOAT
Composite Rating
A
Overall Score
4 / 5
High
DCF Score
5 / 5
High
ROE Score
3 / 5
Medium
ROA Score
4 / 5
High
D/E Score
3 / 5
Medium
P/E Score
2 / 5
Medium
P/Book Score
5 / 5
High
Operational MOAT
✗ Below peers
-
Revenue growth Other Precious Metals: +13.2%-30.9% Q4'25: -26.0% (vs Q4'23)
-
EPS growth Other Precious Metals: +50.2%-78.9% Q4'25: -112.9% (vs Q4'23)
-
FCF margin FCF growth · Other Precious Metals: +23.8%+6.6% Q4'25: +15.9% (vs Q4'23)
-
EBIT margin Other Precious Metals: +5.1%+11.9% ★ Q4'25: +0.7% (vs Q4'23)
-
ROIC Other Precious Metals: +2.2%+16.4% ★ Q4'25: +2.2% (vs Q4'23)
-
Share dilution Other Precious Metals: -3.0%+0.0% ★ Q4'25: +0.0% (vs Q4'23)
-
Debt / EBITDA Net debt/EBITDA · Other Precious Metals: 0.37×0.01× ★ Q4'25: 0.01× (vs Q4'23)
Valuation Multiples
From
To
Price Forecast (3Y)
From
To
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.
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 1 Rev. Ana. 1 EPS Ana. |
Dec 2027 1 Rev. Ana. 1 EPS Ana. |
Dec 2028 1 Rev. Ana. 1 EPS Ana. |
Dec 2029 1 Rev. Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
4.43B
est: 4.46B (-0.7%)
|
5.70B
est: 5.53B (+3.2%)
|
5.89B
est: 5.93B (-0.6%)
|
5.61B
est: 5.57B (+0.6%)
|
5.38B
est: 5.14B (+4.6%)
|
4.78B
est: 4.62B (+3.5%)
|
8.06B
est: 7.99B (+0.9%)
|
7.94B
est: 8.20B (-3.2%)
|
9.24B
est: 8.06B (+14.7%)
|
8.44B
est: 8.06B (+4.7%)
|
5.83B
est: 5.10B (+14.4%)
|
7.09B
7.09B – 7.09B
+39.0% YoY
|
10.45B
10.45B – 10.45B
+47.3% YoY
|
11.13B
11.13B – 11.13B
+6.6% YoY
|
12.17B
12.17B – 12.17B
+9.3% YoY
|
| EBITDA |
811.53M
est: 639.99M (+26.8%)
|
1.27B
est: 793.27M (+60.3%)
|
1.67B
est: 850.47M (+96.8%)
|
1.42B
est: 799.61M (+77.3%)
|
-1.49B
est: 738.27M (-301.8%)
|
-1.18B
est: 662.86M (-277.7%)
|
2.45B
est: 1.15B (+114.0%)
|
2.18B
est: 1.18B (+85.4%)
|
2.20B
est: 1.16B (+89.9%)
|
1.24B
est: 1.81B (-31.3%)
|
914.58M
est: 1.14B (-20.0%)
|
1.59B
1.59B – 1.59B
+39.0% YoY
|
2.34B
2.34B – 2.34B
+47.3% YoY
|
2.50B
2.50B – 2.50B
+6.6% YoY
|
2.73B
2.73B – 2.73B
+9.3% YoY
|
| EBIT |
544.18M
est: 507.00M (+7.3%)
|
929.66M
est: 628.43M (+47.9%)
|
1.29B
est: 673.74M (+92.0%)
|
945.83M
est: 633.46M (+49.3%)
|
-1.87B
est: 584.86M (-418.9%)
|
-1.34B
est: 525.12M (-356.0%)
|
2.33B
est: 908.77M (+156.2%)
|
1.95B
est: 932.57M (+108.8%)
|
1.95B
est: 916.03M (+112.5%)
|
886.51M
est: 1.56B (-43.3%)
|
694.23M
est: 988.65M (-29.8%)
|
1.37B
1.37B – 1.37B
+39.0% YoY
|
2.02B
2.02B – 2.02B
+47.3% YoY
|
2.16B
2.16B – 2.16B
+6.6% YoY
|
2.36B
2.36B – 2.36B
+9.3% YoY
|
| Net Income |
343.46M
est: 307.82M (+11.6%)
|
532.43M
est: 504.50M (+5.5%)
|
914.12M
est: 939.02M (-2.7%)
|
683.42M
est: 766.81M (-10.9%)
|
-1.36B
est: 144.12M (-1,044.9%)
|
-1.00B
est: 74.97M (-1,437.8%)
|
1.67B
est: 1.22B (+36.7%)
|
1.41B
est: 1.37B (+2.6%)
|
1.75B
est: 1.47B (+18.9%)
|
667.21M
est: 949.67M (-29.7%)
|
142.59M
est: 624.78M (-77.2%)
|
249.91M
249.91M – 249.91M
-60.0% YoY
|
949.67M
949.67M – 949.67M
+280.0% YoY
|
1.20B
1.20B – 1.20B
+26.3% YoY
|
—
— – —
-100.0% YoY
|
| SGA |
—
est: 443.44M (-100.0%)
|
—
est: 549.65M (-100.0%)
|
—
est: 589.28M (-100.0%)
|
805.22M
est: 554.05M (+45.3%)
|
844.46M
est: 511.54M (+65.1%)
|
848.96M
est: 459.29M (+84.8%)
|
1.31B
est: 794.85M (+64.4%)
|
1.25B
est: 815.66M (+53.3%)
|
—
est: 801.20M (-100.0%)
|
—
est: 865.83M (-100.0%)
|
1.27B
est: 547.95M (+131.4%)
|
761.86M
761.86M – 761.86M
+39.0% YoY
|
1.12B
1.12B – 1.12B
+47.3% YoY
|
1.20B
1.20B – 1.20B
+6.6% YoY
|
1.31B
1.31B – 1.31B
+9.3% YoY
|
| EPS |
0.14
est: 0.12 (+13.7%)
|
0.21
est: 0.20 (+4.0%)
|
0.36
est: 0.38 (-4.2%)
|
0.27
est: 0.31 (-12.0%)
|
-0.54
est: 0.06 (-1,036.4%)
|
-0.40
est: 0.03 (-1,433.3%)
|
0.67
est: 0.49 (+36.7%)
|
0.56
est: 0.55 (+1.8%)
|
0.70
est: 0.59 (+18.6%)
|
0.27
est: 0.38 (-28.9%)
|
0.06
est: 0.25 (-77.2%)
|
0.10
0.10 – 0.10
-60.0% YoY
|
0.38
0.38 – 0.38
+280.0% YoY
|
0.48
0.48 – 0.48
+26.3% YoY
|
—
— – —
-100.0% YoY
|
Historical Ratings (3M)
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-29 | A | 4/5 | 5/5 | 3/5 | 4/5 | 3/5 | 2/5 | 5/5 |
| 2026-05-28 | A | 4/5 | 5/5 | 3/5 | 4/5 | 3/5 | 2/5 | 5/5 |
| 2026-05-27 | A | 4/5 | 5/5 | 3/5 | 4/5 | 3/5 | 2/5 | 5/5 |
| 2026-05-26 | A | 4/5 | 5/5 | 3/5 | 4/5 | 3/5 | 2/5 | 5/5 |
| 2026-05-25 | A | 4/5 | 5/5 | 3/5 | 4/5 | 3/5 | 2/5 | 5/5 |
| 2026-05-22 | A | 4/5 | 5/5 | 3/5 | 4/5 | 3/5 | 2/5 | 5/5 |
| 2026-05-21 | A- | 4/5 | 5/5 | 3/5 | 4/5 | 3/5 | 2/5 | 4/5 |
| 2026-05-20 | A- | 4/5 | 5/5 | 3/5 | 4/5 | 3/5 | 2/5 | 4/5 |
| 2026-05-19 | A | 4/5 | 5/5 | 3/5 | 4/5 | 3/5 | 2/5 | 5/5 |
| 2026-05-18 | A | 4/5 | 5/5 | 3/5 | 4/5 | 3/5 | 2/5 | 5/5 |
| 2026-05-15 | A | 4/5 | 5/5 | 3/5 | 4/5 | 3/5 | 2/5 | 5/5 |
| 2026-05-14 | A | 4/5 | 5/5 | 3/5 | 4/5 | 3/5 | 2/5 | 5/5 |
| 2026-05-13 | A | 4/5 | 5/5 | 3/5 | 4/5 | 3/5 | 2/5 | 5/5 |
| 2026-05-12 | A | 4/5 | 5/5 | 3/5 | 4/5 | 3/5 | 2/5 | 5/5 |
| 2026-05-11 | A | 4/5 | 5/5 | 3/5 | 4/5 | 3/5 | 2/5 | 5/5 |
| 2026-05-08 | A | 4/5 | 5/5 | 3/5 | 4/5 | 3/5 | 2/5 | 5/5 |
| 2026-05-07 | A | 4/5 | 5/5 | 3/5 | 4/5 | 3/5 | 2/5 | 5/5 |
| 2026-05-06 | A | 4/5 | 5/5 | 3/5 | 4/5 | 3/5 | 2/5 | 5/5 |
| 2026-05-05 | A | 4/5 | 5/5 | 3/5 | 4/5 | 3/5 | 2/5 | 5/5 |
| 2026-05-04 | A | 4/5 | 5/5 | 3/5 | 4/5 | 3/5 | 2/5 | 5/5 |
| 2026-04-30 | A | 4/5 | 5/5 | 3/5 | 5/5 | 3/5 | 2/5 | 4/5 |
| 2026-04-29 | A- | 4/5 | 5/5 | 3/5 | 5/5 | 2/5 | 2/5 | 4/5 |
| 2026-04-28 | A- | 4/5 | 5/5 | 3/5 | 5/5 | 2/5 | 2/5 | 4/5 |
| 2026-04-24 | A- | 4/5 | 5/5 | 3/5 | 5/5 | 2/5 | 2/5 | 4/5 |
| 2026-04-23 | A- | 4/5 | 5/5 | 3/5 | 5/5 | 2/5 | 2/5 | 4/5 |
| 2026-04-22 | A- | 4/5 | 5/5 | 3/5 | 5/5 | 2/5 | 2/5 | 4/5 |
| 2026-04-21 | A- | 4/5 | 5/5 | 3/5 | 5/5 | 2/5 | 2/5 | 4/5 |
| 2026-04-20 | A- | 4/5 | 5/5 | 3/5 | 5/5 | 2/5 | 2/5 | 4/5 |
| 2026-04-17 | A- | 4/5 | 5/5 | 3/5 | 5/5 | 2/5 | 2/5 | 4/5 |
| 2026-04-16 | A- | 4/5 | 5/5 | 3/5 | 5/5 | 2/5 | 2/5 | 4/5 |
Owner Earnings
Owner's Earnings (history)
From
To
Owner alignment
Owner's Earnings TTM
878.10M
OE per share TTM
0.35
Owner's Yield
28.11%
Maintenance CapEx ratio
—
Maint CapEx / Avg PPE
14.5%
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 7 ETFs in our universe
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | Avantis Emerging Markets Value ETF AVES | 0.00% | 27.5K | 0.36% |
| 2 | Dimensional - Emerging Markets Core Equity 2 ETF DFEM | 0.00% | 107.4K | 0.39% |
| 3 | Avantis Responsible Emerging Markets Equity ETF AVSE | 0.00% | 2.5K | 0.33% |
| 4 | Dimensional World ex U.S. Core Equity 2 ETF DFAX | 0.00% | 102.0K | 0.28% |
| 5 | Dimensional - Emerging Markets Value ETF DFEV | 0.00% | 11.0K | 0.46% |
| 6 | Dimensional - Emerging Markets ex China Core Equity ETF DEXC | 0.00% | 328.13 | 0.56% |
| 7 | Dimensional - Emerging Core Equity Market ETF DFAE | 0.00% | 418.60 | 0.29% |
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
86.78M
Shares Outstanding
2.50B
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
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Zanele Joyce Matlala | Chief Executive Officer & Executive Director | 13M | female |
| Ditabe Salthiel Chocho | Financial Director & Executive Director | 8M | 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
Share your view on this stock and instantly see how the community has voted over the last 6 months.
Community Opinion for MRF.JO
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.
