SANDFIRE RESOURCES LIMITED (SFR)
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SFR - SANDFIRE RESOURCES LIMITED

FNArena Sector : Copper
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: 1.68
Index: ASX200 | ASX300 | ALL-ORDS

Sandfire Resources is an Australian mining and exploration company. Its main asset is the DeGrussa copper/gold mine in Western Australia. The company was formed and listed in 2004.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$9.16

19 Sep
2024

0.430

OPEN

$8.85

4.93%

HIGH

$9.17

3,045,611

LOW

$8.72

TARGET
$9.25 1.0% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
29M . A1M . AML . AR1 . CNB . CSC . CVV . CYM . FFM . FND . HGO . LEG . MAC . MLX . NEM . NWC . RXM . STM . TTM .
FNARENA'S MARKET CONSENSUS FORECASTS
SFR: 1
Title FY25
Forecast		 FY26
Forecast
EPS (cps) 39.6 xxx
DPS (cps) 0.6 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 23.0 xxx
Dividend Yield 0.1% xxx
Div Pay Ratio(%) 1.5% xxx
This company reports in USD.
All estimates have been converted into AUD by FNArena at present FX values.

Dividend yield today if purchased 3 years ago: N/A

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 N/A

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 15/03 - ex-div 3c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx-5.8
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx1,406.4 M
Book Value Per Share xxxxxxxxxxxxxxx547.2
Net Operating Cash Flow xxxxxxxxxxxxxxx437.9 M
Net Profit Margin xxxxxxxxxxxxxxx-1.88 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx-1.04 %
Return on Invested Capital xxxxxxxxxxxxxxx-0.80 %
Return on Assets xxxxxxxxxxxxxxx-0.56 %
Return on Equity xxxxxxxxxxxxxxx-1.04 %
Return on Total Capital xxxxxxxxxxxxxxx1.46 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx101.5 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx94 M
Long Term Debt xxxxxxxxxxxxxxx778 M
Total Debt xxxxxxxxxxxxxxx872 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx275 M
Price To Book Value xxxxxxxxxxxxxxx1.60

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx338.7 M
Capex % of Sales xxxxxxxxxxxxxxx24.08 %
Cost of Goods Sold xxxxxxxxxxxxxxx1,341 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx15 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx3 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.3

No. Of Recommendations

6
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgan Stanley

xx/xx/xxxx

3

xxxxx-xxxxxx

$xx.xx

xx.xx%

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Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Citi

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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UBS

30/08/2024

3

Neutral

$9.20

0.44%

Sandfire Resources reported an FY24 net loss and closing net debt position in line with UBS' expectations. FY25 production guidance had been pre-released and is unchanged.

Cost guidance is in line, capex is below expectations and the exploration budget is showing a slight step up to US$40m, the broker notes.

Sandfire continues to execute well and UBS has the company a little over 12 months away from a net cash position when dividends will be on the table.

Target falls to $9.20 from $9.40, Neutral retained.

FORECAST
UBS forecasts a full year FY25 dividend of 0.00 cents and EPS of 69.87 cents.
UBS forecasts a full year FY26 EPS of 80.50 cents.

Ord Minnett

xx/xx/xxxx

2

xxxxxxxxxx

$xx.xx

xx.xx%

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Morgans

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

4

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Goldman Sachs

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Canaccord Genuity

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Jarden

04/09/2024

2

Overweight

$8.80

-3.93%

Sandfire Resources posted strong FY24 results with underlying EBITDA of US$362m slightly higher than  guidance and representing a 14% beat to Jarden's estimates.

The company has guided for another year of strong growth in FY25 with copper equivalent production up 13%, driven by year of full capacity at Motheo and incremental zinc production from Matsa.

Jarden highlights the level of cost control in what is been a weak reporting season across the sector. Overweight. Target is reduced to $8.80 from $9.10.

FORECAST
Jarden forecasts a full year FY25 dividend of 7.59 cents and EPS of 41.77 cents.
Jarden forecasts a full year FY26 dividend of 9.11 cents and EPS of 59.84 cents.

Wilsons

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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SFR STOCK CHART

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Sep 04 2024 - Daily Market Reports

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