ILUKA RESOURCES LIMITED (ILU)
Share Price Analysis and Chart

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ILU

ILU - ILUKA RESOURCES LIMITED

FNArena Sector : Mineral Sands
Year End: December
GICS Industry Group : Materials
Debt/EBITDA: 0.58
Index: ASX100 | ASX200 | ASX300 | ALL-ORDS

Iluka Resources is an Australian mining company specialising in mineral sands exploration and production. It is the world's largest producer of zircon, titanium dioxide, rutile and synthetic rutile. The company has been listed in some form since 1962.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$4.74

20 Feb
2025

0.180

OPEN

$4.50

3.95%

HIGH

$4.78

3,916,226

LOW

$4.42

TARGET
$5.92 24.9% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
ADN . IMA . SFX . STA . VHM .
FNARENA'S MARKET CONSENSUS FORECASTS
ILU: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx 54.1 41.2 xxx
DPS (cps) xxx 8.0 6.0 xxx
EPS Growth xxx - 32.8% - 23.9% xxx
DPS Growth xxx 14.3% - 24.5% xxx
PE Ratio xxx N/A 11.2 xxx
Dividend Yield xxx N/A 1.3% xxx
Div Pay Ratio(%) xxx 14.8% 14.7% xxx

Dividend yield today if purchased 3 years ago: 0.71%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 1.73

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: 03/09 - ex-div 4c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx54.1
DPS All xxxxxxxxxxxxxxx8.0
Sales/Revenue xxxxxxxxxxxxxxx1,170.3 M
Book Value Per Share xxxxxxxxxxxxxxx551.7
Net Operating Cash Flow xxxxxxxxxxxxxxx154.1 M
Net Profit Margin xxxxxxxxxxxxxxx19.76 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx10.24 %
Return on Invested Capital xxxxxxxxxxxxxxx9.34 %
Return on Assets xxxxxxxxxxxxxxx6.21 %
Return on Equity xxxxxxxxxxxxxxx10.24 %
Return on Total Capital xxxxxxxxxxxxxxx11.46 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-313.4 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 xxxxxxxxxxxxxxx279 M
Total Debt xxxxxxxxxxxxxxx291 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx136 M
Price To Book Value xxxxxxxxxxxxxxx0.92

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx433.9 M
Capex % of Sales xxxxxxxxxxxxxxx37.08 %
Cost of Goods Sold xxxxxxxxxxxxxxx692 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx193 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx454 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

0.4

No. Of Recommendations

5
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

xx/xx/xxxx

3

xxxxxxxxx xx xxxxxxx xxxx xxxx xxxx xxx xxxxxxxx

$xx.xx

xx.xx%

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Morgan Stanley

20/02/2025

3

Equal-weight

$4.75

0.21%

First half revenue for Iluka Resources aligned with forecasts by Morgan Stanley and consensus while underlying mineral sands earnings were a 1% beat.

While free cash flow (FCF) was in line with the broker's forecast it was a miss against consensus.

The interim dividend of 8 cents beat the analysts and consensus forecast by 6%.

Target $4.75. Equal-weight. Industry View: Attractive.

FORECAST
Morgan Stanley forecasts a full year FY25 dividend of 5.00 cents and EPS of 40.00 cents.
Morgan Stanley forecasts a full year FY26 dividend of 9.00 cents and EPS of 25.00 cents.

Ord Minnett

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
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Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

2

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

Canaccord Genuity

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Goldman Sachs

23/01/2025

1

Buy

$7.40

56.12%

Iluka Resources reported a slightly weaker-than-expected 4Q24 result with mineral sands revenue of $290m below Goldman Sachs' estimate of $316m driven by lower zircon sales.

Cash flow was also weaker mainly on inventory build, and 2025 production and cost guidance was slightly below the broker's estimate.

The broker revised FY24/25/26 EPS estimates by +9%/-33%/-9% after reducing its zircon and synthetic rutile price forecasts over the next six months, delaying the restart of SR1 kiln to 4Q25, and adjusting production and inventory accounting assumptions.

Target price lowered to $7.4. Buy rating is maintained.

FORECAST
Goldman Sachs forecasts a full year FY25 dividend of 36.00 cents and EPS of 35.00 cents.
Access Extra Coverage Research History >

ILU STOCK CHART

FNArena News on ILU

1
FNArena Corporate Results Monitor – 20-02-2025

Feb 20 2025 - Australia
2
Australian Broker Call *Extra* Edition – Feb 20, 2025

Feb 20 2025 - Daily Market Reports
3
Rudi’s View: AGL Energy, Bega Cheese, BRG, Harvey Norman, Imdex & Superloop

Feb 06 2025 - Rudi's View
4
Rudi’s View: Cochlear, Guzman y Gomez, SiteMinder, Wesfarmers & Xero

Jan 30 2025 - Rudi's View
5
Weekly Ratings, Targets, Forecast Changes – 24-01-25

Jan 28 2025 - Weekly Reports

Latest Mineral Sands News

1
Heightened Prospects For Iluka Resources

Apr 26 2021 - Australia
2
Brokers Tick Iluka’s Review But Doubt Outlook

Nov 06 2019 - Australia
3
Strong Outlook For Iluka Despite Soft Start

Apr 17 2019 - Australia
4
Iluka Enjoying Strong Pricing Trend In 2018

Jul 25 2018 - Australia
5
2018 Looks Bright For Iluka Resources

Jan 30 2018 - Australia
6
Iluka Beats All Forecasts

Jul 25 2017 - Australia
7
Weekly Ratings, Targets, Forecast Changes

Jan 23 2017 - Weekly Reports
8
Iluka Raises Rutile Profile, But Will It Pay?

Dec 14 2016 - Australia
9
More Favourable Outlook For Mineral Deposits

Aug 01 2016 - Small Caps
10
Material Matters: 2016 Outlook, Precious & Base Metals, Iron Ore And Steel

Apr 11 2016 - Commodities