FENIX RESOURCES LIMITED (FEX)
Share Price Analysis and Chart

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FEX - FENIX RESOURCES LIMITED

FNArena Sector : Iron Ore
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: 0.57
Index: ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.29

04 Feb
2025

0.005

OPEN

$0.29

1.75%

HIGH

$0.30

1,624,923

LOW

$0.29

TARGET
$0.41 41.4% upside
OTHER COMPANIES IN THE SAME SECTOR
ARI . BCI . CIA . DRR . FMG . GEN . GRR . MGX . MIN . RHK .
FNARENA'S MARKET CONSENSUS FORECASTS
FEX: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx 4.9 5.5 xxx
DPS (cps) xxx 0.0 1.3 xxx
EPS Growth xxx - 4.7% 12.9% xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 5.3 xxx
Dividend Yield xxx N/A 4.5% xxx
Div Pay Ratio(%) xxx N/A 23.6% xxx

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
HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx4.9
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx259.2 M
Book Value Per Share xxxxxxxxxxxxxxx23.9
Net Operating Cash Flow xxxxxxxxxxxxxxx68.5 M
Net Profit Margin xxxxxxxxxxxxxxx12.98 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx23.10 %
Return on Invested Capital xxxxxxxxxxxxxxx20.24 %
Return on Assets xxxxxxxxxxxxxxx14.61 %
Return on Equity xxxxxxxxxxxxxxx23.10 %
Return on Total Capital xxxxxxxxxxxxxxx27.85 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx34.6 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 xxxxxxxxxxxxxxx13 M
Long Term Debt xxxxxxxxxxxxxxx29 M
Total Debt xxxxxxxxxxxxxxx42 M
Goodwill - Gross xxxxxxxxxxxxxxx11 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx77 M
Price To Book Value xxxxxxxxxxxxxxx1.32

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx26.2 M
Capex % of Sales xxxxxxxxxxxxxxx10.13 %
Cost of Goods Sold xxxxxxxxxxxxxxx199 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx10 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx0 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

1.0

No. Of Recommendations

1
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Bell Potter

24/01/2025

1

Buy

$0.41

41.38%

Bell Potter highlights Fenix Resources' progress towards achieving 4mtpa iron ore production by FY26, following its second quarter operational update.

Group production nearly doubled to 702kwt, exceeding the broker's forecast of 540kwt, driven by the ramp-up at Shine.

Management anticipates receiving final mining approval for Beebyn-W11, located 20km from the Iron Ridge operations, within the current quarter.

Bell Potter maintains a Buy rating with a 41c target price.

FORECAST
Bell Potter forecasts a full year FY25 dividend of 1.30 cents and EPS of 5.50 cents.
Bell Potter forecasts a full year FY26 dividend of 1.40 cents and EPS of 9.70 cents.
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

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

Petra Capital

29/01/2025

1

Buy

$0.40

37.93%

The highlight of Fenix Resources' December quarter report was production from two iron ore mines, with the company making maiden sales of 241kt from the restart of Shine Mine.

Petra Capital observes consistent performance from Iron Ridge Mine but notes despite cost control, margins are around 50% lower vs year before due to a decline in iron ore prices.

While Shine Mine successfully commissioned on budget, both sales and cost missed Petra's estimates. 

The broker reiterates the company's potential for further growth but revised the target price to 40c from 42c on cost and iron ore price revisions. Buy rating retained.

FORECAST
Petra Capital forecasts a full year FY25 dividend of 1.30 cents and EPS of 4.10 cents.
Petra Capital forecasts a full year FY26 dividend of 1.60 cents and EPS of 5.50 cents.
Access Extra Coverage Research History >

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