Thungela Resources/£TGA
1D1W1MYTD1Y5YMAX
Capital at risk
About Thungela Resources
- Ticker
- £TGA
- Sector
- Energy
- Primary listing
- LSE
- Employees
- -
- Headquarters
- Johannesburg, South Africa
- Website
- www.thungela.com
TGA Metrics
BasicAdvanced
£723M
-
-£2.15
-1.12
£0.17
3.07%
Price and volume
Market cap
£723M
Beta
-1.12
52-week high
£8.18
52-week low
£3.18
Average daily volume
284K
Dividend rate
£0.17
Financial strength
Current ratio
1.615
Quick ratio
1.211
Long term debt to equity
0.002
Total debt to equity
0.004
Interest coverage (TTM)
-0.40%
Profitability
EBITDA (TTM)
90.03
Gross margin (TTM)
51.91%
Net profit margin (TTM)
-19.85%
Operating margin (TTM)
-1.30%
Effective tax rate (TTM)
2.10%
Management effectiveness
Return on assets (TTM)
-0.57%
Return on equity (TTM)
-28.60%
Valuation
Price to revenue (TTM)
0.523
Price to book
0.92
Price to tangible book (TTM)
0.92
Price to free cash flow (TTM)
14.272
Free cash flow yield (TTM)
7.01%
Free cash flow per share (TTM)
0.396
Dividend yield (TTM)
3.07%
Growth
Revenue change (TTM)
-10.88%
Earnings per share change (TTM)
-343.40%
3-year revenue growth (CAGR)
-8.37%
3-year earnings per share growth (CAGR)
-16.56%
3-year dividend per share growth (CAGR)
-46.87%
What the Analysts think about TGA
Analyst ratings (Buy, Hold, Sell) for Thungela Resources stock.
Analyst projections of the future price of Thungela Resources stock.
Bulls say / Bears say
Ensham’s recovery is tangible: first-half export saleable production rose 38% to 2.2Mt and its FOB cost including royalties fell to R1,466/t, below guidance. Management is also studying ways to expand the Australian mine beyond its roughly 4Mt annual base, adding longer-term upside. (Thungela Resources, MINING.COM)
South African logistics are improving rather than worsening: Transnet’s coal corridor reached a 59.9Mt annualised run rate versus 56.8Mt in 2025, helping Thungela export 7.4Mt in the first half. If excess capacity persists, the company can add third-party coal sales on top of its own near-capacity mines. (Thungela Resources, Miningmx)
The group generated R1.9bn of adjusted operating free cash flow and ended June with R6.1bn net cash. That balance sheet funded a R5.50 interim dividend, giving investors cash income and resilience while coal prices remain volatile. (Thungela Resources)
The recent price support may not be durable: Thungela says subdued demand, high inventories, growing renewable generation and lower-cost competing supply are already causing price softening. India, an important market for South African coal, is also being constrained by weak currency, freight costs and cost-sensitive buyers. (Thungela Resources)
Thungela is not capturing benchmark prices fully: its first-half realised prices were 15.7% below the Richards Bay benchmark and 13.3% below Newcastle. Lower-quality stockpile sales and earlier fixed-price contracts caused the discounts, so stronger benchmarks have translated less cleanly into revenue. (Thungela Resources, Thungela Resources)
South African delivery still needs a strong second half: first-half export saleable production was 6.3Mt versus 6.4Mt a year earlier, while the full-year target is 13.0–13.6Mt. Zibulo had conveyor-belt and mining-support issues, so the guidance depends on operational problems easing as the North Shaft ramps up. (BusinessDay)
Data summarised monthly by Lightyear AI. Last updated on 17 Sept 2026.
TGA Financial Performance
Revenues and expenses
TGA Earnings Performance
Company profitability
Upcoming events
Funds containing TGA
AllUSDEURGBP
Fund name | Fund size | £TGA weighting |
|---|---|---|
iShares Core MSCI Emerging Markets IMI$EIMI | $46B | 0.01% |
iShares Core MSCI Emerging Markets€EMIM | €39B | 0.01% |
iShares Core MSCI Emerging Markets IMI£EMIM | £34B | 0.01% |
SPDR MSCI All Country World IM€SPYI | €7.5B | 0.00% |
Latest price is delayed by 15 minutes. Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by London Stock Exchange, through Infront.