1. South Africa Stocks

  2. •

    Energy

  3. •

    Coal
Thungela Resources Limited

Thungela Resources Limited

TGA.L
Thungela Resources LimitedGB flagLondon Stock Exchange
430.00
GBp
-5.00
- -
545.17MMarket Cap
Thungela Resources Limited
TGA.L
(London Stock Exchange)

Recent

price

430.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2017
2018
2019
2020
2021
2022
2023
2024
2025
FRC
- -
180.07
136.39
27.51
249.69
379.65
223.51
264.86
228.29
Revenue per Share
- -
32.73
-56.49
-2.42
61.08
127.08
37.66
26.76
-54.64
Basic EPS, GAAP
- -
24.03
-28.62
-3.26
36.03
133.61
38.95
38.43
17.99
Free Cash Flow per Basic Share
- -
47.68
74.09
- -
- -
78.42
50.49
12.14
12.88
Dividend per Share
- -
- -
- -
-35.9
124.26
170.37
153.29
169.64
109.11
Book Value per Share
- -
76.09
47.7
29.33
174.39
195.06
177.17
192.23
123.74
Tangible Book Value per Share
- -
136
136
136
105
134
137
134
130
Basic Weighted Avg Shares
- -
24,545
18,592
3,750
26,282
50,753
30,634
35,554
29,599
Sales/Revenue/Turnover
- -
22.87
-2.12
-3.36
33.25
54.21
21.67
10.09
-5.03
Operating Margin (%)
- -
1,659
1,242
408
1,018
1,197
1,557
2,452
2,914
Depreciation Expense
- -
4,461
-7,700
-330
6,429
16,988
5,162
3,592
-7,085
Net Income, GAAP
- -
25.96
- -
- -
7.6
24.6
30.99
29.09
- -
Effective Tax Rate (%)
- -
18.17
-41.42
-8.8
24.46
33.47
16.85
10.1
-23.94
Profit Margin (%)
-314
145
62
-880
12,113
18,449
10,955
10,579
5,830
Working Capital
- -
- -
15
488
92
62
32
19
49
LT Debt
10,775
10,721
6,673
4,156
18,474
26,159
24,596
26,104
16,178
Total Equity
- -
35.16
- -
- -
63.83
88.55
17.13
9.61
- -
Return on Invested Capital (%)
- -
281.56
- -
- -
105.63
85.98
27.58
20.05
- -
Return on Capital (%)
- -
- -
- -
- -
- -
94.76
23.58
16.41
-38.38
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
69.65%
-38.02%
Free Cash Flow
- -
-142.33%
-54.8%
Net Income, GAAP
- -
-456.24%
-297.24%
Sales/Revenue/Turnover
- -
130.73%
-16.75%
Total Cash Common Dividend
- -
- -
2.45%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
30,634
2024
- -
- -
- -
- -
35,554
2025
- -
- -
- -
- -
29,599

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
37.66
2024
- -
- -
- -
- -
26.76
2025
- -
- -
- -
- -
-54.64

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
50.49
2024
- -
- -
- -
- -
12.14
2025
- -
- -
- -
- -
12.88
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Business
Thungela Resources Limited engages in the production and export of high-quality thermal coal from operations in South Africa and Australia. The company owns interests in seven mining operations, including underground mines such as Zibulo colliery, Goedehoop colliery, Greenside colliery; opencast mines such as Isibonelo colliery, Khwezela colliery, Mafube colliery, Rietvlei colliery in South Africa's Mpumalanga province; and an 85% interest in the Ensham underground mine in Queensland, Australia, which it increased to 100% ownership in March 2025 through acquisition of the remaining stake from co-investors. Thungela exports thermal coal primarily to markets in India, Asia, Southeast Asia, the Middle East, and North Africa, with additional sales of industrial and domestic coal in South Africa. Founded in 1945 and spun off from Anglo American in 2021, the company is headquartered in Johannesburg, South Africa. Recent developments include the ramp-up of export production from the Elders project at Greenside, ongoing advancement of the Zibulo North Shaft expansion project on schedule for completion in 2026, initiation of a Lephalale Coal Bed Methane project, restructuring at Goedehoop and Isibonelo operations approaching end-of-life in 2025, completion of a R328 million share buyback announced in March 2025, distribution of R1.4 billion in dividends during the first half of 2025, and contribution of R188 million to its green fund for environmental liabilities. Thungela maintains a fatality-free operation for 27 consecutive months as of June 2025 and focuses on cost competitiveness amid volatile coal prices, with export saleable production guidance upheld for the full year despite weather and geological challenges.