CHAMPION IRON LIMITED (CIA)
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CIA - CHAMPION IRON LIMITED

FNArena Sector : Iron Ore
Year End: December
GICS Industry Group : Materials
Debt/EBITDA: 1.12
Index: ASX200 | ASX300 | ALL-ORDS

Champion Iron is engaged in the exploration, development and production of iron ore in Quebec, Canada. The company has been listed on the ASX since 2007.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$6.50

02 Jul
2024

-0.010

OPEN

$6.52

-0.15%

HIGH

$6.61

1,238,732

LOW

$6.42

TARGET
$8.05 23.8% upside
OTHER COMPANIES IN THE SAME SECTOR
BCI . DRR . FEX . FMG . GEN . GRR . MGX . MIN . RHK .
FNARENA'S MARKET CONSENSUS FORECASTS
CIA: 1
Title FY25
Forecast
FY26
Forecast
EPS (cps) 81.0 xxx
DPS (cps) 16.9 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 7.9 xxx
Dividend Yield 2.6% xxx
Div Pay Ratio(%) 20.8% xxx
This company reports in CAD.
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: 13/06 - (franking ex-di

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx51.0
DPS All xxxxxxxxxxxxxxx22.2
Sales/Revenue xxxxxxxxxxxxxxx1,719.0 M
Book Value Per Share xxxxxxxxxxxxxxx305.3
Net Operating Cash Flow xxxxxxxxxxxxxxx535.2 M
Net Profit Margin xxxxxxxxxxxxxxx15.36 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx17.76 %
Return on Invested Capital xxxxxxxxxxxxxxx12.56 %
Return on Assets xxxxxxxxxxxxxxx9.21 %
Return on Equity xxxxxxxxxxxxxxx17.76 %
Return on Total Capital xxxxxxxxxxxxxxx22.55 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx48.5 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 xxxxxxxxxxxxxxx42 M
Long Term Debt xxxxxxxxxxxxxxx656 M
Total Debt xxxxxxxxxxxxxxx698 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx453 M
Price To Book Value xxxxxxxxxxxxxxx2.43

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx387.1 M
Capex % of Sales xxxxxxxxxxxxxxx22.52 %
Cost of Goods Sold xxxxxxxxxxxxxxx1,145 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx90 M
Research & Development xxxxxxxxxxxxxxx13 M
Investments - Total xxxxxxxxxxxxxxx16 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

2
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Citi

19/06/2024

1

Buy

$8.60

32.31%

Citi has updated its commodity price projections.

The broker lowers the iron ore price by -4% for 2024 to US$110/t, and lifts alumina and aluminium by 12% and 8%, to US$430 and US$2488/t, respectively, for 2024.

For 2025, Citi lifts aluminium by 13% to US$2950/t and copper by 14% to US$12,000/t.

On balance, the broker views the higher upside for copper and uranium and the greatest downside risk to prices for manganese and alumina.

The broker adjusts the Champion Iron FY25 EBITDA earnings forecast by -15% due to lower iron ore prices.

Buy rating unchanged and the target remains at $8.60.

FORECAST
Citi forecasts a full year FY25 EPS of 95.64 cents.
Citi forecasts a full year FY26 EPS of 97.90 cents.

CIA STOCK CHART