Price
Market Cap
Sector
Commodities
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 |
| Reserves | 148 | 187 | 252 | 291 | 335 | 354 | 386 | 405 |
| Borrowings | 24 | 6 | 59 | 118 | 149 | 126 | 103 | 139 |
| Other Liabilities | 109 | 101 | 114 | 108 | 125 | 137 | 138 | 158 |
| Total Liabilities | 299 | 311 | 443 | 534 | 626 | 634 | 644 | 719 |
| AssetsFixed Assets | 43 | 72 | 79 | 77 | 168 | 164 | 161 | 159 |
| CWIP | 20 | 5 | 14 | 20 | 23 | 25 | 30 | 48 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 236 | 234 | 349 | 438 | 435 | 444 | 452 | 512 |
| Total Assets | 299 | 311 | 443 | 534 | 626 | 634 | 644 | 719 |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 21 | 26 | 44 | -9 | -36 | -5 | 40 | 20 |
| Cash from Investing | -12 | -21 | -21 | -32 | -8 | -12 | -4 | -22 |
| Cash from Financing | -9 | -5 | -23 | 40 | 45 | 16 | -36 | 1 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 8 | 5 | 25 | -43 | -46 | -13 | 32 | -4 |
| FCF Margin | — | — | — | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
RAMAPHO · CYCLICAL_UNMODELABLE
Guides on how to read this kind of business and the numbers that matter.